Business Description Our advisory firm provides manager supervisory services to individuals, high net worth individuals, charities, pension plans and corporations. As a registered investment adviser, we are held to the highest standard of client care - a fiduciary standard. As a fiduciary, we always put our client's interests first and must fully disclose any potential conflict of interest. We do not directly hold customer funds or securities and all transactions are sent to our qualified third-party custodian which executes, clears and settles them. Our co-advisor, Matson Money compares and allocates the portfolios. Our third-party custodian also maintains our clients' accounts and may grant clients access to them. A. Description of the Advisory Firm Rice Financial Consulting, Inc. (hereinafter “RFCI”) is a Corporation organized in the State of California. The firm was formed in September 2003, and the principal owner is Stephen Manfred Rice. B. Types of Advisory Services Selection of Other Advisers RFCI will direct clients to third-party investment advisers to manage all or a portion of the client's assets. Before selecting other advisers for clients, RFCI will always ensure those other advisers are properly licensed or registered as an investment adviser. RFCI conducts due diligence on any third-party investment adviser, which may involve one or more of the following: phone calls, meetings and review of the third-party adviser's performance and investment strategy. RFCI then makes investments with a third-party investment adviser by referring the client to the third-party adviser. RFCI will review the ongoing performance of the third-party adviser as a portion of the client's portfolio. Services Limited to Specific Types of Investments RFCI works with Matson Money, Inc. (CRD# 110425) to provide appropriate Mutual Fund and Annuity allocations for our clients. Written Acknowledgement of Fiduciary Status When

we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. C. Client Tailored Services and Client Imposed Restrictions RFCI offers the same suite of services to all of its clients. However, specific client investment strategies and their implementation are dependent upon the client Investment Policy Statement which outlines each client’s current situation (income, tax levels, and risk tolerance levels). Clients may not impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs. D. Wrap Fee Programs A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, fund expenses, and other administrative fees. RFCI does not participate in any wrap fee programs. E. Amounts Under Management RFCI has $ 206,109,362 as of December 2023 in non-discretionary assets under management.