4a: Firm Description Welch Investment Group was established in March 1996 by James Steven Welch initially as a sole proprietorship and then converted to an LLC. The firm’s main office is located in Grants Pass, Oregon. 4a1: Principal Members Joshua O. Welch: Mr. Welch may be contacted at [email protected] or (541) 474-6616. Sean C. Ealy: Mr. Ealy may be contacted at [email protected] or (541) 474-6616. 4b: Types of Advisory Services Welch Investment Group offers a variety of investment advisory services to our clients. We work with our clients to identify their investment goals and objectives as well as risk tolerance in order to create an initial portfolio allocation designed to complement their clients’ financial goals and objectives. We may create a portfolio, consisting of, but not limited to individual stocks or bonds, exchange traded funds, no-load funds and/or load-waived funds (front-end commissions will not be charged). Each portfolio will be initially designed to meet a particular investment goal, which Welch Investment Group has determined to be suitable to our client’s circumstances. Once the appropriate portfolio has been determined, we will review the portfolio and rebalance the account based upon our client’s individual needs, stated goals and objectives. Welch Investment Group’s strategy, generally, will be to seek to meet client investment objectives while providing clients with access to personal advisory services. Retirement Rollovers & Conflicts of Interest: If we make recommendations or provide advice related to a retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act ("ERISA") and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. In the event we recommend a client rollover their retirement plan assets into an account to be managed by our firm or (where applicable) recommend the purchase of a retail investment product, such a recommendation creates a conflict of interest because we will be compensated if you follow our recommendation. To manage this conflict, we operate under a special ERISA rule relating to retirement assets that requires us to act in your best interest and not put our interests ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of

care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. While not always the case, a client or prospective client leaving an employer typically has the below four options regarding an existing retirement plan: 1. Retain the assets in the former employer’s plan; 2. Rollover the assets to a Traditional IRA or Roth IRA; 3. Rollover the assets to the plan of a new employer; or 4. Receive a cash distribution. Deciding which of the above options are right for you can be a complex process. For that reason, we will discuss each option after we conduct a careful analysis. Additionally, we provide a written "Retirement Advice Disclosure" to our clients to educate you so you can make a good decision. Please let us know if you did not receive the above disclosure so we can provide it to you. ADV PART 2 A BROCHURE PAGE 5 OF 10 4c: Client Tailored Relationships and Restrictions As a fiduciary, Welch Investment Group always acts solely in your best interests. Your portfolio is customized based on your investment objectives. You may make requests or make suggestions regarding the investments made in your portfolio. Restrictions on trading which, in our opinion, are not in your best interest cannot be honored and if forced may result in the termination of our agreement. Similarly, you are under no obligation to act upon Welch Investment Group's or associated person's recommendations. If you elect to act on any of the recommendations, you are under no obligation to effect the transaction through Welch Investment Group or its associated person when the person is an agent with a licensed broker-dealer or through any associate or affiliate of such person. 4d: Wrap Fee Program Welch Investment Group does not sponsor nor provide portfolio management services to a wrap fee program. 4e: Assets under Management (AUM) Welch Investment Group, as of December 31, 2023, has $212,710,658 in discretionary, reportable Assets under Management.