First Oak offers a variety of advisory services, which include financial planning and investment management services. Prior to First Oak rendering any advisory services, clients are required to enter into one or more written agreements with First Oak setting forth the relevant terms and conditions of the advisory relationship (the “Advisory Agreement”). First Oak has been registered as an investment adviser since April 2017 and is wholly owned by Ryan Thomsen. As of December 31, 2023, First Oak had $252,846,315 in assets under management, all of which was managed on a discretionary basis. While this brochure generally describes the business of First Oak, 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 First Oak’s behalf and is subject to the Firm’s supervision or control. Financial Planning Services First Oak offers clients a broad range of financial planning services, which includes any or all of the following functions:
• Cash Flow Forecasting
• Trust and Estate Planning
• Insurance Planning
• Retirement Planning In performing these services, First Oak is not required to verify any information received from the client or from the client’s other professionals (e.g., attorneys, accountants, etc.,) and is expressly authorized to rely on such information. First Oak recommends certain clients engage the Firm for additional related services and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists for the Firm to recommend that clients engage First Oak or its affiliates to provide (or continue to provide) additional services for compensation, including investment management services. Clients retain absolute discretion over all decisions regarding implementation and are under no obligation to act upon any of the recommendations made by First Oak under a financial planning or consulting engagement. Clients are advised that it remains their responsibility to promptly notify the Firm of any change in their financial situation or investment objectives for the purpose of reviewing, evaluating, or revising First Oak’s recommendations and/or services. Portfolio Management Services First Oak manages client portfolios on a discretionary or non-discretionary basis. First Oak primarily allocates client assets among various mutual funds, exchange-traded funds (“ETFs”), individual debt and equity securities, options, and independent investment managers (“Independent Managers”) in accordance with their stated investment objectives. Where appropriate, the Firm also provides advice about any type of legacy position or other investment held in client portfolios. Clients can engage First Oak to manage and/or advise on certain investment products that are not maintained at their primary custodian, such as variable life insurance and annuity contracts and assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans). In these situations, First Oak directs or recommends the allocation of client assets among the various investment options available with the product. These assets are generally maintained at the underwriting insurance company, or the custodian designated by the product’s provider. First Oak tailors its advisory services to meet the needs

of its individual clients and seeks to ensure, on a continuous basis, that client portfolios are managed in a manner consistent with those needs and objectives. First Oak consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time horizon, liquidity constraints and other related factors relevant to the management of their portfolios. Clients are advised to promptly notify First Oak if there are changes in their financial situation or if they wish to place any limitations on the management of their portfolios. Clients can impose reasonable restrictions or mandates on the management of their accounts if First Oak determines, in its sole discretion, the conditions would not materially impact the performance of a management strategy or prove overly burdensome to the Firm’s management efforts. Each client should note that his or her investment portfolio is treated individually by giving consideration to each purchase or sale for the client’s account. For these and other reasons, performance of client investment portfolios within the same investment objectives, goals and/or risk tolerance may differ, and clients should not expect that the composition or performance of their investment portfolios would necessarily be consistent with similar clients of First Oak. Use of Independent Managers As mentioned above, First Oak selects certain Independent Managers to actively manage a portion of its clients’ assets. The specific terms and conditions under which a client engages an Independent Manager may be set forth in a separate written agreement with the designated Independent Manager. In addition to this brochure, clients may also receive the written disclosure documents of the respective Independent Managers engaged to manage their assets. First Oak evaluates a variety of information about Independent Managers, which includes the Independent Managers’ public disclosure documents, materials supplied by the Independent Managers themselves and other third-party analyses it believes are reputable. To the extent possible, the Firm seeks to assess the Independent Managers’ investment strategies, past performance, and risk results in relation to its clients’ individual portfolio allocations and risk exposure. First Oak also takes into consideration each Independent Manager’s management style, returns, reputation, financial strength, reporting, pricing and research capabilities, among other factors. First Oak continues to provide services relative to the discretionary or non-discretionary selection of the Independent Managers. On an ongoing basis, the Firm monitors the performance of those accounts being managed by Independent Managers. First Oak seeks to ensure the Independent Managers’ strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests. High Net Worth Planning and Consulting Services First Oak provides planning and consulting services for certain High Net Worth (HNW) individuals and/or businesses for their executives on a project or retainer basis. The services may include but not be limited to asset allocation, asset coordination, business consulting, business transition & exit planning, charitable counseling, estate planning (gift & wealth transfer), executive compensation planning & strategies, financial planning, group 401k advice, impact investing advice, insurance planning, investment selection, outside investment account analysis, retirement planning and/or risk management.