A. The Company Laidlaw Wealth Management LLC (“LWM”) (previously Laidlaw Asset Management LLC) is a New York limited liability company formed in June 2008. LWM became registered as an investment adviser with the State of New York in September 2009 and transitioned to registration with the SEC in March 2018. Laidlaw Holdings, LTD is the sole principal owner of LWM. LWM has established a network of partner offices that will provide advisory services under local “doing business as” names. A complete list of approved “doing business as” names can be found by searching for Laidlaw Wealth Management, LLC (CRD# 150040) at www.adviserinfo.sec.gov. The investment advisory services of LWM are provided to clients through an appropriately licensed and qualified individual who is an investment adviser representative of LWM. A client’s investment adviser representative may either be an employee of LWM or an independent contractor. Investment adviser representatives have the authority, within the parameters set by LWM (as disclosed in Item 5 – Fees and Compensation), to negotiate the investment management, financial planning, and consulting services fees charged. Therefore, it is possible that different investment adviser representatives may charge different fees for providing the same service to clients. The specific level of services the client will receive, the fees the client will be charged and manner of payment will be specified in the client’s advisory services agreement. Throughout this brochure LWM and its investment adviser representatives may be collectively referred to as “LWM.” B. Advisory Services LWM offers the following investment advisory services: Investment Management Services LWM offers ongoing investment management services based on the individual goals, objectives, time horizon, and risk tolerance of each client. Investment management services include, but are not limited to, the following:
• Asset Allocation – LWM will develop a strategic asset allocation that is targeted to meet the investment objectives, time horizon, financial situation and tolerance for risk for each client. LWM will allocate the client's assets among various asset classes based on the client’s risk tolerance. LWM primarily recommends portfolios consisting of no-load, institutional class mutual funds or exchange traded funds in addition to structured products and individual fixed income securities.
• Portfolio Construction – LWM will develop a customized portfolio for the client based on the client’s risk profile and investment guidelines and that is intended to meet the stated goals and objectives of the client.
• Investment Management and Supervision – LWM will provide investment management and ongoing oversight of the client’s portfolio and overall account. Investment management services will be offered on both a discretionary and non- discretionary basis. For those clients for which LWM has discretion, clients will be required to give LWM authority to manage the client's assets in accordance with what LWM deems to be in the client's best interest based on the client’s investment objectives and guidelines. Clients will retain individual ownership of all securities in their account. Financial Planning Services LWM provides a variety of financial planning services to individuals and families, pursuant to a written financial plan. Financial planning services are offered in several areas of a client’s financial situation, depending on their goals, objectives and financial situation. This planning may encompass one or more areas of need, including, but not limited to, investment planning, retirement planning, insurance needs, personal savings, education savings, lending/liabilities planning and/or other areas of a client’s financial situation. A financial plan will usually include general recommendations for a course of activity or specific actions to be taken For example, recommendations may be made that to start or revise their investment programs, commence or alter retirement savings, establish education savings and/or charitable giving programs. LWM may also refer to an accountant, attorney or other specialist, as appropriate for their unique situation. For certain financial planning engagements, LWM will provide a written summary of client’s financial situation, observations, and recommendations. Plans are typically completed within six months of contract date, assuming all information and documents requested are provided promptly. Should a client choose to implement the financial planning recommendations contained in the plan, LWM may recommend its own services or that of other professionals (i.e., attorney, accountant, and/or insurance agent). Clients are advised that a conflict of interest exists if LWM recommends its own services or that of an affiliated entity. The client is under no obligation to act upon any of the recommendations made by LWM under a financial planning engagement and/or engage the services of any such recommended professional, including LWM or any of its related persons. The client retains absolute discretion over all such implementation decisions and is free to accept or reject any of LWM’s recommendations. Consulting Services Clients can also receive financial advice on a more limited basis. This may include advice on only an isolated area(s) of concern such as estate planning, retirement planning, reviewing a client's existing portfolio, or any other specific topic. LWM also provides specific consultation and administrative services regarding investment and financial concerns of the client. Additionally, LWM provides advice on non-securities matters. Generally, this is in connection with the rendering of estate planning, insurance and/or annuity advice. For consulting engagements, LWM generally does not provide a written summary. Consulting recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. The client is under no obligation to act upon any of the recommendations made by LWM or engage

the services of any such recommended professional, including LWM or any of its related persons. Clients are advised that a conflict of interest exists if LWM recommends its own services or that of an affiliated entity. The client retains absolute discretion over all such implementation decisions and is free to accept or reject any of LWM’s recommendations. Independent Money Managers LWM may also recommend that certain clients delegate the active discretionary management of a portion of their assets to unaffiliated, independent money managers. Clients will invest directly with the independent money manager. The terms and conditions under which the client shall engage the independent money manager is set forth in in a written agreement between the client, LWM and the designated independent money manager. LWM shall continue to render advisory services to the client relative to the ongoing monitoring and review of account performance. Factors that LWM will consider in recommending an independent money manager include the client’s stated investment objective(s) and the management style, performance, reputation, financial strength, reporting and fee schedule of the independent money manager. LWM will verify that all recommended independent money managers are properly licensed, notice filed, or exempt in the states where LWM is recommending the independent money manager to clients. In addition to LWM’s firm brochure, the client shall also receive a copy of the designated independent money manager’s firm brochure. Pontera (formerly FeeX) LWM is engaged with Pontera (formerly FeeX), an unaffiliated entity, to offer service to our clients. Pontera is the third-party service provider whereby LWM provides an additional service for accounts not directly held with LWM’s recommended custodian; but where LWM’s team has discretion and leverages an Order Management System to implement asset allocation or rebalancing strategies on behalf of the client. These are primarily 401(k) accounts, 403(b) accounts, 529 plans, variable annuities, and other assets not held with the recommended custodian. LWM, through its investment adviser representatives, regularly reviews the current holdings and available investment options in these accounts, monitors the account, rebalances, and implements LWM’s strategies, in the same way LWM does other accounts, though using different tools as necessary. The platform allows LWM to avoid being considered to have custody of Client funds since LWM does not have direct access to client log-in credentials to affect trades. LWM is not affiliated with Pontera in any way and receives no compensation from Pontera for using its platform. Pontera charges LWM 25 bps for each managed account. Clients do not pay any additional fee to Pontera or to LWM in connection with platform participation. A link will be provided to the client, allowing them to connect an account(s) to the platform. Once the client account(s) is connected to the platform, LWM will review the current account allocations and investment options. When deemed necessary, LWM will rebalance the account considering the client’s investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. The goal is to improve account performance over time, minimize loss during difficult markets, and manage internal fees that harm account performance. The client’s account(s) will be reviewed at least quarterly, and allocation changes will be made as deemed necessary. Investment management fees are generally directly debited on a pro-rata basis from client accounts. The exception for this is directly-managed held-away accounts, such as 401(k)s. As it is impossible to directly debit the fees from these accounts, those fees will be assigned to the client’s taxable accounts on a pro-rata basis. If the client does not have a taxable account, those fees will be billed directly to the client. C. Client Tailored Services and Client Imposed Restrictions LWM’s investment management services are tailored to meet the specific needs of each client. In order to provide appropriately individualized services, LWM will work with the client to obtain information regarding the client’s financial circumstances, investment objectives, overall financial condition, income and tax status, personal and business assets, risk profile and other information regarding the client’s financial and investment needs. At least annually, LWM will review with clients their financial circumstances, investment objectives and risk profile. In order for LWM to provide effective investment management services, it is critical that clients provide accurate and complete information to LWM and inform LWM anytime such information needs to be updated or anytime there is a change in their financial circumstances, investment objectives and/or risk profile. Generally, clients are permitted to impose reasonable restrictions on investing in certain securities or types of securities in their advisory accounts, provided, however, that some restrictions may not be accommodated when utilizing exchange traded funds, mutual funds or with respect to certain independent money managers. In addition, a restriction request may not be honored if it is fundamentally inconsistent with LWM’s investment philosophy, runs counter to the client’s stated investment objectives, or would prevent LWM from properly servicing client accounts. Whether clients will be able to place reasonable restrictions on the types of investments which will be made on the client's behalf is at the sole discretion of LWM. D. Wrap Fee Programs LWM does not manage or place client assets into wrap fee programs (i.e., programs that offer services for one, all-inclusive fee). E. Assets Under Management As of December 31, 2023, LWM had a total of $530,409,798 in assets under management, of which $522,301,165 were discretionary assets under management and $8,108,633 non- discretionary assets under management.