Bonnie Wusz & Associates, Inc. doing business as BW & Associates, Inc. (“BWA”) is an SEC registered investment adviser with its principal place of business located in California. BWA began conducting advisory business in April 1989. Listed below are the firm's principal shareholders (i.e., those individuals and/or entities controlling 25% or more of this company). Wusz Family Trust dated 6/4/1991, Timothy & Bonnie Wusz Trustees BWA offers the following advisory services to our clients. INVESTMENT MANAGEMENT SERVICES INDIVIDUAL PORTFOLIO MANAGEMENT Generally, our firm provides on-going non-discretionary investment advice to our clients regarding the investment of their managed account assets. BWA has limited discretion to take certain actions, which are outlined in Item 16 of this Form ADV. Recommendations made by BWA are based on the individual needs of the client. During our initial data-gathering process for new clients, we determine the client’s individual objectives, time horizons, risk tolerance, and liquidity needs (“Investment Guidelines”). As appropriate, we also review and discuss a client's prior investment history, as well as family composition and background. Based on the client’s Investment Guidelines, BWA then makes investment recommendations to the client for their managed account assets and will only implement such recommendations upon client approval. Importantly, BWA relies solely upon the information provided by the client with respect to the client’s Investment Guidelines. Clients are responsible for promptly notifying us of any material changes in the information furnished by the client or information that is otherwise material to client’s financial situation, investment objectives, time horizon, risk tolerance and/or liquidity needs. Mainly, the recommendations made by BWA are for investments in open-end mutual funds. However, we will recommend other types of securities if we believe it to be in the best interest of a client. Our commitment is to provide our clients with the knowledge and understanding that will help them remain invested in securities that are in line with their Investment Guidelines. Our team makes every effort to enlighten clients when they want to make less than advantageous decisions. Our advisors, in such circumstances, will often share alternative methods of achieving the same goal. For instance, when a client instructs us to facilitate a sizable liquidation from their IRA to pay off a mortgage, we most likely inquire about their tax situation. In some cases, this action could result in a devastating tax consequence, so we provide alternative options to the client, such as taking the distributions from an after-tax account or taking monthly distributions from the IRA to fund the mortgage in lieu of the sizeable lump sum. The BWA team is dedicated to servicing our clients’ investing needs by providing prudent advice tailored to the needs of each client. In addition to providing prudent investment information and recommendations, we offer guidance and implementation on an array of on-going circumstances such as the amount of feasible monthly investment income to take before or during retirement; processing IRA distributions and tax withholding, if desired; educating clients, when appropriate, of Required Minimum Distributions from their IRA account and subsequently implementing them; altering income amounts and/or tax withholding percentages as dictated by client; processing clients’ requested lump sum distributions and/or systematic withdrawals, educating and recommending, when appropriate, tax advantaged investment opportunities intended for children and/or grandchildren or other loved ones. BWA prepares documentation and facilitates the processes of re-registration of assets due to death (often to multiple beneficiaries), re-registration of divisions of trust documents and assistance in understanding the nature of their trust documents, required divisions and accounting required, and referring them to their attorneys and accountants. BWA assists with the preparation of documentation for the splitting of assets due to divorce, gifting of securities, and registration for changes in trustees and/or establishment of a trust. BWA provides information on the gain/loss of securities in a client’s account(s), when available, and contacts clients whenever it appears that they may be taking greater distributions than their portfolio can prudently

accommodate. Account supervision is guided by the client's stated Investment Guidelines, as well as tax considerations. BWA is neither an attorney nor an accountant and recommends clients seek legal, accounting, or tax advice from appropriate professionals. Our investment recommendations are not limited to any specific product or service offered by a broker- dealer or insurance company and will generally include advice regarding mutual fund shares and variable annuities. Because some types of investments involve certain additional degrees of risk, they will only be implemented/recommended when deemed suitable and consistent with the client's Investment Guidelines. Please refer to Item 8 for further information on our investment recommendations and the applicable risks. FINANCIAL PLANNING AND CONSULTING SERVICES As part of our investment management services, BWA provides financial planning and consulting services to our advisory clients on a complimentary basis. Our financial planning services are designed to provide our clients with an analysis of steps the client may wish to consider within their investment portfolio and financial situation in order to help achieve their financial goals and objectives. To begin this process, BWA will interview the client to gather certain necessary information. In general, financial planning advice can address cash flow and tax considerations, insurance needs, retirement, education, and/or estate planning. We provide ongoing financial planning advice; however, the depth of the financial planning services we provide are based on a client’s needs. Specifically, we will deliver a written financial plan only to clients that have specifically requested detailed financial planning services and a written plan, and BWA has agreed to provide such. Consulting services are provided when clients require a more focused review of their investments. For example, when they are only looking for advice regarding retirement planning, estate planning, business planning, or college planning. When providing financial planning and consulting services, BWA advisory representatives will recommend, dependent on a client’s needs, certain investment and/or insurance products (e.g., mutual funds, 529 plans, insurance annuities). Because certain advisory representatives of BWA are also registered representatives of a broker-dealer and insurance agents affiliated with an insurance agency and can receive compensation when a BWA client purchases such products, providing the recommendations creates a conflict between the interest of the BWA advisory representative and the interests of the clients. Importantly, clients have full discretion to accept or reject BWA’s recommendations at any time and are not required to implement such recommendations with BWA, its representatives, or the broker-dealer or insurance agency with which the representatives are affiliated with. Please see Item 10 for further information on these conflicts, including how BWA addresses such conflicts. INVESTMENT ADVISORY AGREEMENT Prior to engaging BWA to provide advisory services, clients are required to enter into a written investment advisory agreement with us (the “IA Agreement”). The IA Agreement outlines the terms and conditions under which BWA will render our services. Either party may terminate the IAt Agreement at any time upon 30 days written notice to the other party. Upon notice by the client of termination and prior to the effective date, the terminating client is required under the IA Agreement to provide BWA with written instructions as to the liquidation or settlement of the client’s account(s). Neither party may assign the IA Agreement without the consent of the other party. This does not prevent an assignment by BWA in connection with any transaction which does not result in a change of its actual control or management, as defined by applicable law. In accordance with Rule 204-3 and Rule 204-5 under the Investment Advisers Act of 1940, as amended (“Advisers Act”), BWA will provide this disclosure brochure (Form ADV Part 2A), one or more brochure supplements (Form ADV Part 2B), and Form CRS (Client Relationship Summary) to each client or prospective client prior to or contemporaneously with the execution of the IA Agreement. AMOUNT OF MANAGED ASSETS As of 12/31/2023, we were actively managing $523,403,279 of client's assets on a non-discretionary basis.