Aequitas Investment Advisors, LLC is an SEC registered investment advisor with its principal place of business located in Hingham, Massachusetts. Aequitas began conducting business in 1991. Listed below are the firm's members:
• Warner Arms Henderson, Managing Member
• Noreen D. Walsh, Managing Member
• Timothy B. Nash, Member
• Michelle C. Fallon, Member In addition to the above members, staff members include one Financial Paraplanner Qualified Professional and a Chartered Financial Consultant holder. SERVICES OFFERED We offer financial planning and portfolio management services. Most of our Clients are individuals, but we also serve charitable foundations and non-profit organizations. A Client relationship begins with an in-depth discussion of goals and objectives, including portfolio diversification, retirement planning, educational funding and charitable planning (in the areas of tax, estate and insurance planning, we work with the Client’s advisors in these specialized areas to facilitate a coordinated financial plan). After discussing the Clients goals and objectives, we then review the existing assets and future income picture in order to formulate an investment plan designed to meet the goals. Once the plan is prepared and accepted, we provide investment management services which include periodic portfolio reviews, quarterly reports, and annual or semi-annual review meetings. Interim telephone consultation is also provided to address timely issues. FINANCIAL PLANNING We believe that establishing a customized Financial Plan is the single most important step in creating a portfolio allocation designed to serve a Client’s needs and meet their long-term financial objectives. Similar to the job of an architect, the Financial Plan forms the “blueprint” in building an optimum portfolio structure. We spend a great deal of time getting to know our new Clients so we can fully understand their personal objectives and future financial requirements. The following are the steps necessary to create the Financial Plan:
• Refinement of personal goals, objectives and future financial requirements. Much of this information is gathered during discussions with the Client, the Client questionnaire and other Client provided materials.
• Preparation of a long-term financial projection to help determine the required rate of return necessary to meet the Client’s objectives and to test various planning scenarios.
• Assessment of how much risk the Client is willing to tolerate and the development of appropriate investment policies and asset allocation strategies.
• Specific recommendations as to the management of the portfolio and future cash flow planning. Implementing any recommendations provided by the Advisor is entirely at the Client’s discretion. Typically, the Financial Plan is presented to the Client within three months of the commencement

of our services, provided that all information needed to prepare the plan has been promptly provided. Financial Planning recommendations are not limited to any specific product or service offered by a broker-dealer. PORTFOLIO MANAGEMENT (NON-DISCRETIONARY) Through personal discussions in which goals and objectives of the Client’s particular circumstances are established, we develop a long-term asset allocation strategy and investment policies which are designed to meet the Client’s objectives. The asset allocation strategy incorporates the Client’s investment time horizon, risk tolerance and liquidity needs. Accounts are managed on a non-discretionary basis and the firm will consult with the Client to receive authorization (oral or written) before executing a transaction. Advice to Clients is provided periodically, upon the request of the Client, or in response to significant economic or market developments. Clients are provided with quarterly performance reports as well as comprehensive semi-annual portfolio reviews. Portfolios are re-balanced semi-annually, or more frequently depending upon the impact of Client withdrawals or deposits. Clients may impose reasonable restrictions on investing in certain securities, types of securities or industry sectors. Our investment recommendations are not limited to any specific product or service offered by a broker-dealer and will generally include advice regarding the following securities:
• Mutual fund shares
• Exchange-listed securities
• United States government securities
• Securities traded over-the-counter
• Foreign issuers
• Corporate debt securities (other than commercial paper)
• Certificates of deposit
• Municipal securities
• Variable life insurance
• Variable annuities Because some types of investments involve certain additional degrees of risk, they will only be recommended when consistent with the Client's stated investment objectives, tolerance for risk, liquidity and suitability. ANNUAL PORTFOLIO REVIEW SERVICE For Clients not requiring comprehensive portfolio management services, the Advisor can provide annual portfolio reviews. During such reviews, the Client’s portfolio is reviewed, and pertinent recommendations are provided by the Advisor. Implementing any of the recommendations provided by Aequitas is entirely at the Client’s discretion. CONSULTING SERVICES Clients can also receive investment advice on a more focused and/or limited basis. This may include advice on only an isolated area(s) of concern such as educational planning, retirement planning, or any other specific topic. Consulting recommendations are not limited to any specific product or service offered by a broker-dealer. AMOUNT OF MANAGED ASSETS As of 12/31/2023, we were advising Clients with assets totaling $709,363,916, managed on a non- discretionary basis.