Description of Advisory Firm Tax Efficient Asset Management Solution, Inc.’s registration was granted by the U.S. Securities and Exchange Commission on April 23, 2008. Timothy Lee Voorhees (CRD Number 856280) is President of the firm. Mr. Voorhees owns fifty (50%) percent and Evan Pan, owns fifty (50%) percent of the equity of the firm. The firm is not publicly owned or traded. There are no indirect owners of the firm or intermediaries who have any ownership interest in the firm. The firm manages each client’s portfolio on an individualized basis. Clients may impose restrictions. The firm does not sponsor any wrap programs. As of December 31, 2023 the firm managed assets on a discretionary basis in the amount of $96,511,873 and $2,409,915 on a non-discretionary basis. Tax-Efficient Asset Management Solution, Inc. (“TEAMS”) serves wealthy individual and corporate clients by offering a variety of deliverables and services to help clients manage assets tax efficiently. Experienced TEAMS professionals use propriety software to develop comprehensive financial and estate planning illustrations. These plans provide flowcharts illustrating various entities, such as revocable living trusts, LLCs, and irrevocable trusts, that hold stocks, bonds, and other securities that need professional management. Asset Management professionals affiliated with TEAMS illustrate asset management techniques that reduce or eliminate taxes, increase transfers to children, enhance charitable giving goals, or achieve other personal and financial goals. TEAMS illustrations typically show how to reduce income, capital gains, estate, gift, GST, and/or AMT taxes related to investment strategies. TEAMS planners typically deliver seven types of services to wealthy clients. Each service corresponds to a different deliverable. Our advisers follow a process that begins as the Counselor clarifies how the client wants to generate retirement income, transfer wealth to children and/or business associates, give more to charity, or achieve any of more than 50 other goals. The counselor helps the client explore new vistas and then summarizes the goals in a Family Wealth Statement. After goals have been clarified, the Analyst reviews how the current asset management strategies and planning techniques fail to achieve the goals. The analyst produces a Financial Checkup with a report card showing specifically which goals the client fails to achieve. The analyst also collaborates with a Planner to summarize the benefits and costs of planning a case that will achieve all of the client’s goals with optimizing financial and legal strategies. Quantified benefits and costs are summarized in a Value Proposition Letter. If the client agrees to proceed with planning, the planner works with the Advisor Coordinator, Binder Publisher, and Licensed Implementer(s) to develop and implement a tactical or comprehensive Family Wealth Blueprint® for helping the client realize his or her dreams. Then, once per quarter or once per year, the Evaluator/Educator meets with the client to review the plan and educate the clients on ways that the plan could be updated in light of changing goals, tax laws, or market conditions. TEAMS professionals may deliver their services throughout two or more phases. Phase 1 of the process typically begins with a discovery session. Phase 1 can be completed in just an hour or two if the client has clarity about his or her goals and his or her current situation. In most cases, however, client’s welcome assistance in clarifying their goals during a family retreat that culminates with production of a Family Wealth Statement. Many clients also appreciate having their current plans analyzed to see how the current plan fails to achieve goals clarified in the Family Wealth Statement. The current plan is analyzed in a document known as a Financial Checkup. The Financial Checkup typically includes a variety of graphics to illustrate opportunities inherent in current asset management strategies. Phase 1 culminates with a Value Proposition Letter (“VPL”), which sets the stage for the second phase. The planning team adapts the VPL to the client’s needs. If the client just wants to reduce taxes or manage money more tax efficiently, the planning professionals immediately discuss a relatively simple tactical plan or investment policy statement. If the client wants a more comprehensive process, the planning team discusses a process that produces a comprehensive Family Wealth Blueprint, which illustrates an optimal combination of strategies for minimizing taxes, increasing transfers to heirs, enhancing charitable giving potential, optimizing portfolios, or achieving other personal and financial goals. Benefits of the planning process:  Clients Can Control 100% of Their Wealth  Eliminate estate and/or gift taxes  Reduce or eliminate income taxes  Protect assets from creditors  Pass the full value of an estate to heirs  Clients Can Move from Success to Significance  Make charitable gifts instead of paying taxes  Involve family members in benefiting the community  Align financial and legal plans with personal values  Clients Can Integrate Advanced and Proprietary Tools into a Comprehensive Plan  Apply creative and cutting-edge ideas not widely available  Illustrate all ideas with one color flow chart and integrated cash flows statement  Clients Can Assemble a Highly Skilled Planning Team  Engage nationally known attorneys through a simple process  Benefit from the national reputation and depth of experience of advisers who specialize in preparing strategic plans  Clients Can Obtain a Full-Color Plan Illustrating All of the Proposed Tools  Receive comprehensive client presentations that illustrate and integrate the effect of all proposed strategies

on cash flow, income taxes, charitable giving, estate taxes and wealth distribution  View attractive and easy-to-follow graphs, tables, and text reports  Maintain financial and estate information in a format that can be updated easily during quarterly or annual reviews Selection of Other Advisers The Tax Efficient Asset Management Solution, Inc. (“TEAMS”) managers will maintain sub-advisory relationships with Pan Global Advisers, LLC (“Pan Global”), an affiliated investment adviser, and other Registered Investment Advisers to develop Investment Policy Statements for the tax efficient optimization of portfolio returns. Each Investment Policy Statement (“IPS”) considers the tax consequence of accumulating and distributing assets from each portfolio maintained for each trust and/or corporation owned and/or controlled by clients of TEAMS and its affiliated RIAs. Investment Policy Statements will include cash flow projections for each portfolio. IPS analytical reports will analyze expected cash inflows and outflows for each independent portfolio and for integrated portfolios under different rate of return scenarios. In cases where the tax exposure of asset management decisions is too large, the TEAMS managers will work with Million Voorhees Ziebold LLP DBA Family Office Law tax attorneys to recommend alternative tax planning techniques that can reduce the tax consequences of optimizing portfolios. The TEAMS managers will have no discretionary authority over managed funds; however, they will have discretion to recommend the addition or deletion of securities when creating and updating Investment Policy Statements. Portfolios depicted in the IPS will be custodied at various custodial institutions. Portfolio optimization, in addition to producing many non-tax benefits, can help generate tax-efficient asset management returns in at least ten ways. Portfolio optimization professionals can: 1) review account statements to confirm that the correct trusts own each account in order to keep assets outside of the taxable estate, 2) apply trust accounting principles to accumulate and distribute trust assets tax-efficiently, 3) confirm the accuracy of tax basis and market value numbers shown on the balance sheet, 4) determine that cash withdrawn from accounts for lifestyle needs will be taxed at the most favorable rates, 5) evaluate whether assets not kept liquid for lifestyle needs are invested tax efficiently in longer-return assets, 6) estimate which rates of return to assume when designing tax minimization tools, 7) clarify whether asset management fees are tax deductible, 8) identify unnecessary taxes on portfolio rebalancing transactions, 9) integrate tax- efficient investments into portfolios, and 10) gather data to graph projected after-tax inheritance for heirs under different return/risk assumptions. TEAMS drafts investment policy statements and provides active management of fiduciary issues while delegating asset management decisions to third party asset managers. To supplement the investment policy statements, TEAMS develops Education Policy Statements (“EPSs”) for retirement plan trustees. The EPS documents clarify how TEAMS staff members provide training meetings, personalized consultations for plan participants, and fiduciary coaching. The fiduciary coaching reviews investment, administrative, and procedural issues relative to industry norms. Fiduciary coaching also involves the daily monitoring of relevant fiduciary cases, statutes, and news items. The personalized coaching involves monitoring each participant’s investment portfolio to generate daily alerts when investment performance deviates from reasonable age- based and asset-based standards. The daily portfolio monitoring reports guide updates to the training and fiduciary coaching process. While all financials are pooled on the tax returns, there are differences in the asset management strategies and case management assignments of TEAMS. TEAMS currently assumes responsibility for overseeing all drafting of investment policy statements when clients engage for investment policy statements that include provisions for improving returns through tax planning and estate planning for high net worth families. TEAMS uses an active management process executed with support from Pan Global Advisers, a sub-advisor of TEAMS. TEAMS provides fiduciary coaching services to trustees of irrevocable trusts and qualified plans as part of the active management of legal and investment risks. TEAMS also provides financial planning services according to terms of financial planning retainers signed by clients. Investment Management Services TEAMS currently has two tiers of services. For the lower tiered services, the above mentioned summarizes those services that would be provided. The higher tiered services and fees would be associated with the level of work that would be expected of us to work with the designated third party CPA firms and tax coordination preparation services and the resulting additional work. These investment management services associated with the higher tier fees are due to the additional level of work, specializations and coordination needed by the client. This could include new investments models and strategies, requiring additional time and resources. Real Estate Investment Management TEAMS may advise clients on collateralized real estate investment through trust deed investments with the assistance of 1) Mountain West Debt Fund (“MWDF”), a real estate finance company, 2) Greenlake, LLC, a real estate finance company; or 3) M360 ADVISORS, LLC (“M360”), a sponsor of limited partnerships investing in private debt. The scope of the service includes identifying and acquiring on behalf of client’s real estate-related investments and subsequently managing such assets/portfolios.