AWM is an independent advisory firm offering comprehensive financial advice and retirement planning through in-house asset management and the Firm’s Total Wealth Organization (“T.W.O.”). Prior to rendering such services, clients are required to enter into one or more written agreements setting forth the terms of the advisory relationship (the “Advisory Agreement”). The Firm filed for registration in November 2017 and is principally owned by The Gerst Family Trust, The Satz 1993 Trust and Jones Taslitz Living Trust. As of December 31, 2023, AWM managed assets of $996,960,303 on a discretionary basis and $0 on a non-discretionary basis. Assets under advisement are assets on which a firm provides advice or consultation but for which a firm does not have discretionary authority or does not arrange or effectuate transactions. AWM also has assets under advisement totaling $170,878,402. As of August 16, 2019, the Firm began providing investment management services to an affiliated private fund, Avitas Capital Private Equity Access 2019 Fund, LP (the “Access Fund”). AWM is the general partner of the Access Fund and manages the underlying fund allocation on a discretionary basis in accordance with its offering and organizational documents. The Firm may recommend that certain qualified clients consider an investment in private funds/offerings; clients are under no obligation to do so. Private fund investors must complete a Subscription Agreement or similar application, pursuant to which the client shall establish that he/she is qualified for investment in the fund and acknowledges and accepts the various risks associated with such an investment. Please see Item 8 for more information on these risks. As of August 18, 2020, the principals of AWM became owners of Avitas Capital Management, LLC, a newly formed Investment Advisor to a new fund offering, Avitas Capital Ascent Fund, LP (“Ascent Fund”). Effective August 18, 2020, the principals also became owners of Avitas Capital Partners, LLC, the general partner of the Ascent Fund. Additional information about the relationship of AWM to Avitas Capital Management, LLC, Avitas Capital Partners, LLC and Avitas Capital Ascent Fund, LP can be found in further sections of this brochure. While this brochure generally describes the business of the Firm, certain sections also discuss the activities of its Supervised Persons, which refer to the Firm’s officers, partners, directors (or other persons occupying a similar status or performing similar functions), employees or any other person who provides investment advice on AWM’s behalf and is subject to its supervision or control. Financial Planning and Consulting Services The Firm offers a range of financial planning and consulting services which may include:
• Business Planning
• Retirement Planning
• Cash Flow Forecasting
• Financing Planning and Availability
• Trust and Estate Planning
• Charitable Planning
• Financial Reporting
• Tax Planning
• Insurance Planning
• Education Planning The Firm is not required to verify information received from the client or the client’s other professionals (e.g., attorneys, accountants, etc.), and is expressly authorized to rely on such information. AWM may recommend additional services that its Supervised Persons, in their individual capacities as insurance agents, and/or other professionals, would implement; a conflict of interest exists for the Firm to recommend that clients engage AWM or its affiliates to provide (or continue to provide) additional services for compensation. Clients retain absolute discretion over all decisions regarding implementation and are under no obligation to act upon any recommendations made by AWM under a financial planning or consulting engagement. Clients must notify the Firm of any change in their financial situation or investment objectives. Wealth Management Services The Firm provides wealth management services, which include financial planning and consulting services, as well as discretionary management of investment portfolios. Client assets are generally allocated among individual debt and equity securities, various mutual funds, exchange-traded funds (“ETFs”), options and annuities in accordance with their stated investment objectives. Where appropriate, the Firm may provide

advice regarding legacy positions or other investments in client portfolios. Clients can engage AWM to manage and/or advise on certain investments that are not maintained at their primary custodian, such as variable life insurance and annuity contracts, assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans); in these situations, AWM recommends the allocation of assets among the options available with the product. Such assets are generally maintained at the underwriting insurance company or the custodian designated by the product’s provider. The Firm tailors its advisory services to the needs of individual clients and seeks to ensure, on a continuous basis, that client portfolios are managed in a manner consistent with those needs. AWM consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time horizon, liquidity constraints and other factors relevant to the management of their portfolios. Clients are advised to promptly notify the Firm if there are changes in their financial situation. Clients can impose reasonable restrictions on their accounts if AWM determines, in its sole discretion, the conditions would not materially impact performance or prove overly burdensome to the Firm’s management efforts. Sponsor and Manager of Wrap Program AWM provides substantially all investment management services as the sponsor and manager of the Avitas Wealth Management Wrap Program (the “Program”). A wrap fee program is an arrangement under which clients receive investment advisory services (such as portfolio management or advice concerning the selection of other investment advisers) and execution of client transactions for a specified fee or fees not based upon transactions in their accounts. Participants in the Program may pay a higher aggregate fee than if investment management and brokerage services are purchased separately. Accounts managed through the Program are done so in substantially the same manner as those managed under a non-wrap arrangement. Additional information is available in AWM’s Wrap Brochure, which appears as Part 2A Appendix of the Firm’s Form ADV (the “Wrap Brochure”). Retirement Plan Consulting Services The Firm provides consulting services to qualified employee benefit plans and their fiduciaries, designed to assist plan sponsors in structuring and managing their corporate retirement plans. Each engagement is individually negotiated and customized, and may include:
• Plan Design and Strategy
• Plan Fee and Cost Analysis
• Plan Review and Evaluation
• Plan Committee Consultation
• Executive Planning & Benefits
• Fiduciary and Compliance
• Investment Selection
• Participant Education As disclosed in the Advisory Agreement, certain of the foregoing services are provided by AWM as a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In accordance with ERISA Section 408(b)(2), each plan sponsor is provided with a written description of AWM’s fiduciary status, the specific services to be rendered and all direct and indirect compensation the Firm reasonably expects under the engagement. Access Fund Management As investment adviser to the Access Fund, the Firm participates in the structuring, management, monitoring and disposition of investments for the Access Fund. Guidelines for investment are contained in each fund’s governing documents, which are provided to the limited partners of each such fund. Prior to making an investment in the Access Fund, the limited partners review the governing documents. Limited partners do not have any control over the operation or management of the Access Fund or discretion over when capital is drawn or which and how investments are made. Pursuant to an Advisory Agreement with the Access Fund, the Firm provides discretionary investment advisory services and has authority to decide which investments to purchase and sell for the Access Fund. While AWM does not manage the underlying funds or make investment decisions on their behalf, it does ensure that the underlying funds participate in and exit investments alongside the Access Fund on the programmatic, fixed basis to which they are subject and on substantially the same investment terms and conditions as the Access Fund.