Advisory Firm Description Stone Wealth Management (“we” or “us”) has been in business as a registered investment advisor since late 2004. The sole owner is W. Morgan Stone, CFP®, MBA. Types of Advisory Services We provide our clients with a flexible array of services that are tailored to meet a wide range of needs. Our goal is to assist clients as they identify and prioritize their financial goals, to set realistic expectations and implement a disciplined and prudent strategy to achieve those goals. Our range of services includes Wealth Management and Financial Landscape Analysis. In each of these services, we accept no commissions for sales of product. We are paid directly by our clients and work in all ways to put our clients first. Wealth Management Service Stone Wealth Management provides our Wealth Management Service to our clients, which is available either in combination with, or separate from, our Financial Landscape Analysis. Our Wealth Management Service process includes:
• Conducting a Discovery Meeting to assess the client’s investment objective, time horizon and risk tolerance (which will have been determined if the client used our Financial Landscape Analysis)
• Determining appropriate investment asset allocations a. For clients sensitive to Environmental, Social, and Governance decisions recommendations can be integrated to standard investment allocations
• Purchasing appropriate investments on behalf of the client through a limited power of attorney
• Monitoring and rebalancing investments on an ongoing basis according to each client’s requirements
• Reporting performance on a quarterly, annual and continuing basis
• Changing investments as appropriate to the client’s needs
• Making available financial planning services at a client’s

request and at no additional charge: retirement and tax planning, cash flow planning, insurance review, estate planning and/or educational needs analysis. We require our clients to use qualified custodians that provide at least quarterly reports showing all portfolio holdings valued at period-end and a complete list of all transactions occurring in each account during the period, including the deduction of our fees. Financial Landscape Analysis We provide sensible and unbiased financial planning solutions on a fee-only basis. The Financial Landscape Analysis consists of the following steps:
• Initiate client meeting to determine scope of needs
• Establish a formal agreement between client and us
• Gather additional required financial information, evaluate client’s financial position, define and prioritize financial goals
• Present final plan to client which includes: o Financial analysis of current position o Retirement Needs Analysis o Cash Flow Analysis o Educational Funding Needs Analysis o Investment Planning Recommendations o Estate Planning Recommendations o Tax Planning Recommendations o Income and Asset Protection Recommendations Tailored Advisory Services The Agreement that most Wealth Management Service clients enter into with us grants us complete discretion to determine both the securities purchased and sold and the amounts of those purchases and sales. These trades are placed without obtaining prior permission from clients. Clients have the ability to place restrictions on our discretion in writing. Client Assets Under Management As of December 31, 2022, we had $258,752,280 of discretionary assets under management and $10,567,948 of non-discretionary assets under management for a total of $269,320,228 in assets under management.