A. Description of the Advisory Firm This firm has been in business since March 4, 2008, and the principal owners are Andrew Sontag and Heather Sontag.
B. Types of Advisory Services Carlsbad Wealth offers the following services to advisory clients: Investment Supervisory Services Carlsbad Wealth offers ongoing portfolio management services based on the individual goals, objectives, time horizon, and risk tolerance of each client. Carlsbad Wealth will review the client’s current situation (income, tax levels, time horizon, and risk tolerance levels) and then construct a plan to aid in the selection of a portfolio that matches each client’s specific situation.
Investment Supervisory Services include, but are not limited to, the following:
•Investment strategy•Personal investment policy
•Asset allocation•Asset selection
•Risk tolerance•Regular portfolio monitoring Carlsbad Wealth evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. Carlsbad Wealth will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. Carlsbad Wealth will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. Risk tolerance levels are reviewed and agreed upon with every client before implementation.
Financial Planning Financial plans and financial planning may include, but are not limited to: investment planning, life insurance; tax concerns; retirement planning; college planning; and estate planning;.
In offering financial planning, a conflict exists between the interests of the investment adviser and the interests of the client.

The client is under no obligation to act upon the investment advisor's recommendation, and, if the client elects to act on any of the recommendations, the client is under no obligation to affect the transaction through the investment advisor. This statement is required by California Code of Regulations, 10 CCR Section 260.235.2.
Services Limited to Specific Types of Investments Carlsbad Wealth limits its investment advice and/or money management to ETFs, mutual funds, equities, bonds, fixed income, debt securities, no-load annuities, and government securities.
Carlsbad Wealth may use other securities as well to help diversify a portfolio when applicable.
Carlsbad Wealth Advisory Group, Inc.Page 5 of 14 C. Client Tailored Services and Client Imposed Restrictions Carlsbad Wealth offers the same suite of services to all of its clients. However, specific client financial plans and their implementation are dependent on the client’s current situation (income, tax levels, and risk tolerance levels) and are used to construct a client specific plan to aid in the selection of a portfolio that matches restrictions, needs, and targets.
Clients may impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs. However, if the restrictions prevent Carlsbad Wealth from properly servicing the client account, or if the restrictions would require Carlsbad Wealth to deviate from its standard suite of services, Carlsbad Wealth reserves the right to end the relationship.
D. Wrap Fee Programs Carlsbad Wealth does not participate in wrap fee programs.
E. Amounts Under Management Carlsbad Wealth has the following assets under management: Discretionary Amounts:Non-discretionary Amounts:Date Calculated: $180,067,873$0.0012/31/2023