Alpha Advisors, LLC (hereinafter referred to as “Alpha Advisors”) is an investment advisory firm offering a variety of advisory services customized to your (hereinafter referred to as “Client”) individual needs. Alpha Advisors was established in February 2001. R. Douglas Wallace and Alexander Scott are equal owners and are the principal owners. Mark Leimberger and Sarah Byrd have ownership that is less than 25%. Alpha Advisors offers discretionary management of marketable securities portfolios. In addition to portfolio management, other services include, but are not limited to, cash flow analysis, limited financial planning to support investment decisions, coordination with a Client’s other financial professionals, such as attorney and/or accountant, and consulting on various financial issues. Upon completion of an initial analysis, we will determine an asset allocation customized to the Client’s financial goals, objectives and risk tolerance. In the course of developing an investment plan, we develop a suitable model portfolio and customize the model as needed to accommodate any unique limitations or restrictions required by Client’s circumstances. An advisor will schedule a meeting with Client and present an Investment Policy Statement (“IPS”) that describes the recommended portfolio allocation, including, costs to restructuring, limitations due to legacy positions, risk profile, any other information material to the creation of the IPS. Upon Client’s approval of the IPS, the portfolio allocation is implemented. Alpha Advisors will provide continuous and ongoing management of Client’s accounts on a discretionary basis and make changes to the allocation as Alpha Advisors deems appropriate within the limitations of the IPS. Alpha Advisors will determine the securities to be purchased and sold in the account and will alter the securities holdings from time to time, without prior consultation with Client. Discretionary authority is granted by Client to Alpha Advisors as part of the Wealth Management Agreement executed by Alpha Advisors and Client. Wealth Management Services are based on Client’s current financial situation as disclosed by Client to Alpha Advisors. Clients are advised that certain assumptions are made with respect to rates of interest, market returns, and inflation including, past performance is in no way an indication of future performance. Alpha Advisors cannot offer any guarantees or promises that Client’s financial goals and objectives will be met. Clients, whose financial situation or investment goals change, should notify Alpha Advisors promptly. The advice offered by Alpha Advisors in certain areas is limited; other professionals, such as an insurance adviser, attorney or accountant, are needed. Some transactions, account reallocations and rebalancing are taxable events, with the exception of IRA accounts, 403(b) accounts and other qualified or tax deferred retirement accounts. Alpha Advisors works with the Client, Client’s CPA and legal advisors as needed to, minimally, avoid unintended tax liability and, optimally, to achieve a generally desired strategy. Alpha Advisors tailors the advisory services it offers to each Client’s individual needs. Clients may impose restrictions and/or limitations on investing in certain securities or types of securities. March 2024 5 of 14 Alpha Advisors meets with each Client and conducts a series of interviews and data- gathering sessions as a part of its initial analysis. Financial information and history gathered from clients includes, but is not limited to:
• Retirement and financial goals
• Investment objectives
• Liquidity needs
• Investment horizon and risk tolerance
• Income and cash flow information
• Cost of living needs
• Education spending needs
• Assets and liabilities
• Insurance coverage
• Estate documents
• Tax returns This information Alpha Advisors gathers will assist in providing each Client with services tailored to their unique financial situation. As of December 31, 2023, Alpha Advisors had approximately $185,484,900 of client assets under management. Alpha Advisors does not have non-discretionary assets under management. IRA Rollover Considerations As part of our consulting and advisory services, Alpha Advisors provides the Client with recommendations and advice concerning

investments in employer retirement plans or other qualified retirement accounts. Alpha Advisors’ recommendations may include withdrawing the assets from the Client’s employer retirement plan or other qualified retirement account and roll the assets over to an individual retirement account ("IRA") which would then come under Alpha Advisors’ management services for which Alpha Advisors will receive an asset based fee as described above under Item 5. This practice could present a conflict of interest if the assets in an employer plan were not already under Alpha Advisors’ management because Alpha Advisors has an incentive to recommend a rollover to the Client in order to receive an advisory fee rather than making the recommendation solely based the Client’s needs. The Client is under no obligation, contractually or otherwise, to complete a rollover. Furthermore, if the Client does complete the rollover, the Client is under no obligation to have the assets in an IRA managed by Alpha Advisors. It is important for the Client to understand many employers permit former employees to keep their retirement assets in their company plan. Also, current employees can sometimes move assets out of their company plan before they retire or change jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options are available, the Client should consider the costs and benefits of each. An employee will typically have four options: 1. Leave the funds in employer's (former employer's) plan. 2. Move the funds to a new employer's retirement plan. 3. Cash out and taking a taxable distribution from the plan. March 2024 6 of 14 4. Roll the funds into an IRA rollover account. Each of these options has advantages and disadvantages and before making a change Alpha Advisors encourages seeking advice from your CPA and/or a tax attorney as needed. When considering rolling over your retirement funds to an IRA for Alpha Advisors to manage it is 1. Determine whether the investment options in the employer's retirement plan are sufficient. a. Employer retirement plans generally have a more limited investment menu than IRAs. b. Employer retirement plans may have unique investment options not available to the public such as employer securities, or previously closed funds. 2. The employer retirement plan may have lower fees than Alpha Advisors’ fees. a. Take note of the cost structure of mutual fund share classes available in the employer's retirement plan and how costs compare with share classes available in an Alpha Advisors managed IRA. b. Further, examine the various products and services likely to be used at an Alpha Advisors managed IRA provider and the costs of those products and services. c. Employer retirement plans generally charge fees either embedded in the mutual fund fees or explicitly taken to support managing the plan and potentially to offer advice to participants. These fees may be more or less than fees charged by Alpha Advisors. 3. Alpha Advisors’ strategies may have higher risk than the options provided by the employer’s plan. 4. Keeping assets titled in a 401k or retirement account, could delay required minimum distributions beyond age 70.5 (70 ½). 5. A 401k may offer more liability protection than a rollover IRA; each state may vary. a. Generally, federal law protects assets in qualified plans from creditors. Since 2005, IRA assets have been generally protected from creditors in bankruptcies. However, there can be some exceptions to the general rules. Consult an attorney to better understand protecting retirement plan assets from creditors. 6. Loans may be available in a 401k plan. IRAs do not offer loans. 7. IRA assets can be accessed any time; however, distributions are subject to ordinary income tax and may also be subject to a 10% early distribution penalty unless they qualify for an exception such as disability, higher education expenses or the purchase of a home. 8. Company stock owned in an employer retirement plan may be able to be liquidated at favorable capital gains tax rates. It is important to understand the differences between 401k (403b) and IRA accounts when choosing between them. Prior to making this choice the Client is encouraged to contact an Alpha Advisors investment adviser representative, or call the main number as listed on the cover page of this brochure. March 2024 7 of 14