FCA offers a variety of advisory services, which include financial planning and consulting, and/or investment management services to various types of clients, including individuals, high net worth clients, trusts, and charitable organizations. Prior to FCA rendering any of the foregoing advisory services, clients are required to enter into one or more written agreements with FCA setting forth the relevant terms and conditions of the advisory relationship (the “Advisory Agreement”). FCA also serves as the sponsor and investment adviser to proprietary pooled special purpose vehicles. Mr. Hersch is the majority owner and serves as FCA’s Chief Executive Officer, Managing Member, and Chief Compliance Officer. As of December 31, 2023, FCA had $427,315,496 in assets under management; $8,821,968 of which was managed on a discretionary basis and $418,493,528 of which was managed on a non-discretionary basis. In addition, as of December 31, 2023, FCA had $6,910,191in assets under advisement where the firm is performing investment consulting services. While this Brochure generally describes the business of FCA, certain sections also discuss the activities of the Firm’s officers, partners, directors (or other persons occupying a similar status or performing similar functions), employees or any other person who provides investment advice on FCA’s behalf and is subject to the Firm’s supervision or control (collectively, “Supervised Persons”). Financial Planning and Consulting Services FCA offers clients a broad range of financial planning and consulting services, which includes any or all of the following functions:  Business Planning  Cash Flow Forecasting  Trust and Estate Planning  Financial Reporting  Investment Consulting  Insurance Planning  Retirement Planning  Risk Management  Charitable Giving  Distribution Planning  Portfolio Construction  Manager Due Diligence These services are typically rendered in conjunction with investment portfolio management as part of a comprehensive wealth management engagement (described in more detail below). Importantly, clients retain absolute discretion over all decisions regarding implementation of any recommendations provided by any FCA representative, including Mr. Hersch, and are under no obligation to act upon any such recommendations. Please refer to Items 5 and 10 below for further information. Clients are advised that it remains their responsibility to promptly notify the Firm of any change in their financial situation or investment objectives for the purpose of reviewing, evaluating, or revising FCA’s recommendations and/or services. Wealth Management Services FCA provides clients with wealth management services which include a broad range of comprehensive financial planning and consulting services as well as discretionary and/or non-discretionary management of investment portfolios. FCA generally allocates client assets among various mutual funds, exchange-traded funds (“ETFs”), individual debt and equity securities, liquid alternative securities, options on equity securities, and independent investment managers (“Independent Managers”) in accordance with their stated investment objectives, and with respect to certain eligible clients, From time to time, FCA recommends investments in privately placed securities, which can include debt, equity and/or interests in pooled investment vehicles such as hedge funds, private equity funds, venture capital funds, direct lending funds, and real estate funds as well as direct investments into privately held companies. Where appropriate, the Firm also provides advice about any type of legacy position or other investments held in client portfolios. Clients may engage FCA to manage and/or advise on certain investment products that are not maintained at FCA’s primary custodian. At the client’s request, FCA will include these investments in its quarterly

investment reports provided to clients. FCA tailors its advisory services to meet the needs of its individual clients and seeks to ensure, on a continuous basis, that client portfolios are managed in a manner consistent with those needs and objectives. FCA consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time horizon, liquidity constraints and other related factors relevant to the management of their portfolios. Clients are advised to promptly notify FCA if there are changes in their financial situation or if they wish to place any limitations on the management of their portfolios. FCA is not required to verify any information received from the client or from the client’s other professionals (e.g., attorneys, accountants, etc.) and is expressly authorized to rely on such information while providing advisory services to clients. Clients may impose reasonable restrictions or mandates on the management of their accounts if FCA determines, in its sole discretion, the conditions would not materially impact the performance of a management strategy or prove overly burdensome to the Firm’s management efforts. FCA Special Purpose Vehicles FCA sponsors two special purpose vehicles – Florence Capital SPV VII, LLC (“FCA SPV VII”) and Florence Capital SPV VIII, LLC (together, the “SPVs”). As the sponsor of the SPVs, FCA works with the SPV administrator in making the various recommendations and decisions with respect to the SPVs and their operations, including, among other things, the approval of any new subscriptions, the sourcing, acquisition, and disposition of the underlying investments and other fund assets. As the investment adviser of the SPVs, FCA is responsible for the day-to-day management of the funds’ invested assets based on the funds’ respective investment objectives as outlined in the private placement memorandum and other governing documents (the “SPV Offering Documents”). Each of the SPVs was formed to hold a single private investment. In addition to the services for the SPVs outlined above, Mr. Hersch has been appointed to serve as a board member for the FCA SPV VII portfolio company. Please refer to Item 10 below for further information. Please also refer to Form ADV Part 1, Schedule A for Item 7.B for further information specific to the SPVs. Use of Independent Managers As mentioned above, FCA will, from time to time, recommend certain Independent Managers to actively manage a portion of its clients’ assets. The specific terms and conditions under which a client engages an Independent Manager will be set forth in a separate written agreement with the designated Independent Manager. In addition to this Brochure, clients will also receive the written disclosure documents of the respective Independent Managers engaged to manage their assets. FCA evaluates a variety of information about Independent Managers, which usually includes, but is not limited to the Independent Managers’ public disclosure documents, materials supplied by the Independent Managers themselves and other third-party analyses it believes are reputable. To the extent possible, the Firm seeks to assess the Independent Managers’ investment strategies, past performance, and risk results in relation to its clients’ individual portfolio allocations and risk exposure. FCA also takes into consideration each Independent Manager’s specific investment strategy, investment process, the quality of its executive management, historical returns, current positioning, reputation, financial strength, reporting, pricing and research capabilities, among other factors. On an ongoing basis, the Firm monitors the performance of those accounts being managed by Independent Managers. FCA seeks to ensure the Independent Managers’ strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests.