Blake-Schutter Wealth Advisors, LLC (“Blake-Schutter”) is an investment advisory firm registered with the U.S. Securities and Exchange Commission (“SEC”). Clients may select from a variety of investment management services, including portfolio management managed by Blake-Schutter, or an independent, third-party money manager, financial planning, and family office services. Blake-Schutter provides services to clients through individuals registered as investment adviser representatives, who are referred to internally as “Financial Advisors”. Financial Advisors may be specialists in areas such as wealth and tax management. This Form ADV, Appendix 1- Wrap Program Brochure is offered to potential and existing clients to provide an understanding of available programs sponsored by Blake-Schutter, and our related conflicts of interest. Clients typically include high and ultra-high net worth families as well as individuals, businesses, pension and profit- sharing plans, trusts, estates and charitable organizations, corporations, or other business entities. Clients are advised that the same or similar programs or services as those described herein may be available from other investment advisors for an annual fee lesser or greater than set forth herein, and that the programs described in this brochure may cost the client more or less than purchasing the different services within each program separately depending upon such factors as account size, portfolio management fees, mutual fund no-load or load charges, etc. Financial Advisors will be reasonably available for consultation with clients regarding the management of their account. Blake-Schutter will provide necessary financial information to money managers including material changes as notified by the client as needed. AVAILABLE PROGRAMS Blake-Schutter Wrapped Account program (“Advisor Directed Program”) Description This section describes the Advisor Directed Program. The minimum amount of assets required to participate in the Advisor Directed Program is generally $500,000, subject to negotiation. Each client participating in the Advisor Directed Blake-Schutter has an agreement with Charles Schwab that sets forth the services that Blake-Schutter will provide the client and the fee the client will pay. Blake-Schutter also has agreements with certain third-party money managers chosen to participate in the Advisor Directed Program. Charles Schwab provides execution, custody, and administrative services to Blake- Schutter clients. Securities and/or cash designated by the client for inclusion in the Advisor Directed Program are maintained in one or more accounts held at Charles Schwab. Clients in the Advisor Directed Program generally grant Blake-Schutter authority to manage their accounts on a discretionary basis in accordance with the client’s investment objectives, risk tolerance and investment time horizon, subject only to any reasonable restrictions that the client has provided to Blake- Schutter in writing. The client’s Financial Advisor will be responsible for making investment decisions for the account on Blake-Schutter’s behalf. Pursuant to this grant of discretion, clients authorize Blake- Schutter to invest in securities and other investments of any nature whatsoever, at the time and in the manner that the Financial Advisor determines, and to act on the client’s behalf in all other matters, necessary or incidental to the handling of the account, without discussing these transactions or actions with the client in advance. The specific terms of the investment advisory relationship are set forth in the Client Advisory Agreement. Accounts utilizing an individual investment style and strategy in accordance with each client’s financial situation and investment objective for the Advisor Directed Program account. If a third-party money manager is selected, its investment style and strategy will also be chosen in accordance with the client’s financial situation and investment objective for the Advisor Directed Program Account. Transactions in Advisor Directed Program accounts generally are executed through the unaffiliated broker-dealer Charles Schwab. Third-party money managers must meet certain requirements as established by Blake-Schutter and as determined through Blake-Schutter’s due diligence. Any restrictions on the management of the Advisor Directed Program account imposed by the client or by such written investment policies or guidelines may cause Blake-Schutter or the money manager to deviate from the investment decisions it otherwise would make in providing services under the Advisor Directed Program. Blake-Schutter will have no liability for a client’s failure to provide Blake-Schutter with accurate or complete information or to inform Blake-Schutter promptly of any change in the information previously provided. Financial Advisors and money managers will be reasonably available for consultation with clients regarding the management of their accounts. Blake-Schutter will provide necessary financial information to the money manager including material changes as notified by the client as needed. ii. Fee Schedule Clients in the Advisor Directed Program pay a fee that covers, among other things, services provided by the custodian and services provided by applicable money manager(s) (a “program fee”). Clients also pay advisory fees to Blake-Schutter for the services it provides. The program fee and the Blake-Schutter advisory fee are bundled into one fee (the “Wrap Fee”). The Wrap Fee covers investment advisory services, execution of transactions, custody with Selected Custodians, and reporting. iii. General Fee Issues Blake-Schutter, in its discretion, may negotiate the fee (and the rate of any other fees charged by Blake- Schutter for services not covered by the Wrap Fee) in appropriate circumstances, based on a number of factors including, but not limited to, the type and size of the account, the size or number of trades anticipated to be executed for the account, services provided to the account, the client’s other accounts with Blake-Schutter, and the accounts of the client’s family with Blake-Schutter. The fees charged may be higher or lower than the fees that Blake-Schutter charges other clients in this or other programs; and may be higher or lower than the cost of similar services offered through other financial firms. The account may be subject to a minimum fee specified in the Client Advisory Agreement. In connection with the Advisor Directed Program, Financial Advisors may utilize an investment strategy that generally seeks investments that

are long term in nature with a buy and hold bias. Due to the nature of these strategies, investments in accounts could incur low turnover. However, the client continues to pay the Wrap Fee regardless of the number of transactions incurred in the account. Client should also be aware that services similar or comparable to those provided to them might be available to the client at a lower aggregate cost elsewhere on an “unbundled” basis. The Wrap Fee does not cover brokerage commissions or other charges resulting from transactions not effected through the qualified custodian broker-dealers, nor does it cover custody services provided by any non-core custodian. The Wrap Fee does not cover certain costs or charges that may not be imposed by Blake-Schutter, including, but not limited to, costs associated with exchanging foreign currencies, odd lot differentials, activity assessment fees, transfer taxes, exchange fees, wire transfer fees, postage fees, auction fees, foreign clearing, settlement and custodial fees, and other fees or taxes required by law. The Wrap Fee does not cover “mark-ups” or “mark-downs” that broker-dealers may receive or “dealer spreads” that other broker-dealers may receive when acting as principal in certain transactions. The Wrap Fee also does not cover the annual fee that Selected Custodians charge Individual Retirement Accounts (“IRA accounts) or certain other retirement plans. Costs associated with using margin are not covered in the Wrap Fee and may result in additional compensation to Blake-Schutter and the Financial Advisor representative. As such, Financial Advisors are subject to a conflict of interest in recommending that Advisory Clients open margin accounts and maintain debit balances. The Financial Advisor or the money manager may invest account assets in open-end mutual funds (including money market funds), closed- end funds, exchange traded funds (“ETFs”), and other collective investment vehicles that have various internal fees and expenses, which are paid by such funds, but which are ultimately borne by the client as an investor. Besides general equities and fixed income securities, Financial Advisors and Money Managers may employ strategies that utilize the following types of investments: (i) American Depository Receipts (“ADRs”), which are receipts issued by a U.S. bank or trust company that evidence ownership of non U.S. securities and are traded on a U.S. exchange or in the over the counter market; (ii) Global Depository Receipts (“GDRs”), which are receipts issued generally by a non U.S. bank or trust company that evidence ownership of non U.S. securities; (iii) World Equity Benchmark Shares (“WEBS”), which are shares of Foreign Fund, Inc., an open end investment company organized in series, each of which invests primarily in non U.S. common stocks in an effort to track the performance of a specified foreign country equity market index compiled by Morgan Stanley Capital International (“MSCI”); or (iv) closed end investment companies that invest a substantial portion of their assets in the securities of specified foreign countries (“closed end country funds”). Clients will bear, in addition to the Wrap Fee, a proportionate share of any fees and expenses associated with these securities, if applicable, in which account assets are invested, and may also bear any fees and expense associated with converting non-U.S. securities into ADRs or GDRs, if applicable. A portion of the Wrap Fee is paid to the Financial Advisor. The Financial Advisor receives compensation as a result of the client’s participation in the Advisor Directed Program, and the amount of this compensation may be more or less than what the Financial Advisor would receive if the client participated in other Blake-Schutter or affiliate’s programs or paid separately for investment advice, brokerage, and other services. The Financial Advisor may have a financial incentive to recommend the Advisor Directed Program over other Blake-Schutter or affiliate’s programs and services. The Wrap Fee is an agreed upon annual fee that will be payable based on the advisory agreement. This determination with be made and disclosed at the time of the client advisory agreement signing. Billing for the quarter will be in arrears or advance and based on the average daily balance and the number of days assets are in the Account(s), or for the billing period ending balance. Please refer to the Firm Brochure, item 5 for billing practices. Blake-Schutter is not compensated based on a share of capital gains upon or capital appreciation of the funds or any portion of the funds of any client. Transactions in the account may be affected through the Selected Custodian of choice, unless otherwise required by applicable law. When a transaction is executed through the Client’s Qualified Custodian the Custodian will be entirely responsible for the execution and clearance of the transaction. Blake-Schutter shall comply with its duty to obtain “best execution.” However, a client may pay a commission that is higher than another qualified broker-dealer might charge to effect the same transaction where Blake-Schutter determines, in good faith, that the commission is reasonable in relation to the value of the brokerage and research services received. In seeking best execution, the determinative factor is not the lowest possible cost, but whether the transaction represents the best qualitative execution, taking into consideration the full range of a broker-dealer’s services, including among others, the value of research provided, execution capability, commission rates, and responsiveness. Consistent with the foregoing, while Blake-Schutter will seek competitive rates, it may not necessarily obtain the lowest possible commission rates for client transactions. In addition, Blake- Schutter may receive certain products and services from broker/dealers that are customary in the course of an institutional brokerage relationship. To the best of Blake-Schutter’s knowledge, these services are generally made available to all institutional investment advisers doing business with these broker/dealers. These bundled services are made available to Blake-Schutter on an unsolicited basis and without regard to the rates of commissions charged or paid by clients or the volume of business directed to these broker/dealers. Since these products and services are merely made available by broker/dealers as part of a bundled business package to Blake-Schutter, Blake-Schutter does not consider products and services received in this context to be “soft dollars”.