About Our Firm Mitchell & Pahl Private Wealth, LLC (“Mitchell & Pahl”) is a fee-only registered investment adviser that provides investment management and financial advisory services to individual investors to help them achieve their financial needs and goals. Founded in 2020, the firm is owned by Brian D. Mitchell and Candace Pahl. Our firm takes pride in providing personalized service to our clients and acknowledges that it is held to a fiduciary standard of care. Types of Advisory Services We Offer Mitchell & Pahl offers portfolio management, financial planning, and wealth management services to individuals, high net worth individuals, trusts, businesses, and charitable organizations. We work with our clients to determine their investment objectives and risk profile and develop a customized investment plan based on their individual needs and goals. Mitchell & Pahl will utilize the financial information provided by the client to analyze and develop strategies and solutions to assist the client in meeting their financial goals. Prior to Mitchell & Pahl rendering any of the foregoing services, clients are required to enter into one or more written advisory agreements with Mitchell & Pahl setting forth the relevant terms and conditions of the advisory relationship. Portfolio and Wealth Management Services Mitchell & Pahl manages our clients’ portfolios on a discretionary and, in limited circumstances, non-discretionary basis. Our portfolio and wealth management services are tailored to the needs of our clients and are based on a comprehensive understanding of each client’s current situation, past experiences, and future goals. With this acquired knowledge we create, analyze, strategize, and implement goal-oriented investment solutions. These solutions become our clients’ investment policy. This policy and our matched strategies are designed to be risk appropriate, cost effective and tax efficient. Our wealth management services generally include a broad range of comprehensive financial planning and consulting services. We also offer discretionary or, in limited circumstances, non- discretionary management of investment portfolios. Client assets are generally allocated among individual equity and debt securities in accordance with the client's stated investment objective and risk/volatility parameters. Where appropriate, Mitchell & Pahl may also provide advice about many types of legacy positions or other investments held in client portfolios. Clients may also engage Mitchell & Pahl 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, assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans). In these situations, Mitchell & Pahl will direct or make recommendations on a non-discretionary basis for the allocation of client assets among the various investment options available within the product. These assets are generally maintained at the underwriting insurance company or custodian for the plan trustee or administrator and clients retain responsibility for effecting trades in these accounts. Clients may also retain Mitchell & Pahl to provide advisory services for their retirement plan account. Mitchell & Pahl 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. You should promptly notify us if there are changes in your financial situation or if you wish to place any limitations on the management of your account. You may impose reasonable restrictions or mandates on the management of your account if Mitchell & Pahl determines, in our sole discretion, the conditions would not materially impact the performance of a management strategy or prove overly burdensome to the firm's management efforts. Financial Planning and Consulting Services Mitchell & Pahl offers different levels of financial planning and consulting services to help our clients identify, prioritize and work towards their goals and objectives. Our consulting services give our clients the ability to receive a broad range of financial advice and services, including specific security recommendations, for the duration of the advisory agreement. Our process starts with an extensive review of a client's family situation, which includes assets and liabilities as well as estate, tax, and insurance needs. We then employ a risk tolerance and risk capacity-focused simulation to get a detailed cash flow analysis and proposed asset allocation. Together, this information is analyzed to develop a proposed financial plan, which is designed to be dynamic in nature, ever-evolving due to life changes, along with changes in cash flow needs, risk tolerance, time horizon, or investment objectives. Mitchell & Pahl’s financial planning and consulting services may include any or all of the following topics:
• Investment Consulting: Analyzing investment allocations, possible alternatives to consider, and their effect on your portfolio.
• Tax Planning: Reviewing tax returns and proposing options for reducing tax liability.
• Liability Management: Guidance on using debt productively and paying off strategically.
• Estate Planning: Analyzing and suggesting wealth transfer strategies to meet your objectives, as well as reviewing beneficiary designations and proper account titling.
• Cash Flow Analysis: Planning around one-time expenses, as well as ongoing distribution needs and savings goals.
• Charitable Giving: Discussing your desired social impact, exploring tax-appropriate vehicles to accomplish your philanthropic objectives, and determining which assets to use for giving.
• Business Planning: Advice on how to structure an entity, reviewing cash flow expectations, strategies for using debt effectively, succession and transition planning, and assistance with office space decisions.
• Concentrated Stock: Managing the risk of owning highly appreciated investments, as well as decisions concerning equity compensation offered through an employer.
• Insurance Review: Analyzing current insurance coverage and, where appropriate, recommending strategies to mitigate risks.
• Divorce Planning: Assisting with financial issues and decisions that couples

face when going through a divorce.
• Death & Disability: Evaluating cash needs at death, income needs of surviving dependents, and disability income.
• Federal Benefits & Health Care: Optimization of Social Security, Medicare, and other Federal Benefits, as well as navigating health care decisions before Medicare.
• Education Planning: Reviewing 529 plans and general assistance in preparing to meet dependents’ continuing educational needs.
• Family Governance: Coordinating family meetings, formulating mission statements, helping identify the purpose for the wealth and reviewing how future generations might preserve and continue the legacy.
• Financial Record Organizing: Guidance with organizing important financial records so you know what to keep. Generally, financial planning services are rendered in conjunction with our investment portfolio management services, as part of a comprehensive wealth management engagement; however, on a case-by-case basis, the firm may offer any of these services on a stand-alone basis. In performing these services, Mitchell & Pahl 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. Mitchell & Pahl may recommend clients engage the firm for additional related services, or we may recommend other professionals to implement our recommendations. These additional services by Mitchell & Pahl or another professional are provided at an additional cost to you, which is based on the nature, extent, complexity, and other characteristics of the services. This creates a conflict of interest because the firm will have an incentive to recommend additional services based on the compensation to be received, rather than solely based on your needs, and in some cases, based on the prospect of cross-referrals of advisory clients from the other professional or his or her firm. Implementation of financial planning recommendations is entirely at your discretion. You have complete freedom in selecting a financial adviser to assist you with implementing the recommendations made in your financial plan and are under no obligation to act on the advice of Mitchell & Pahl. Financial planning recommendations are of a generic nature and are not limited to any specific product or service offered by a broker dealer or insurance company. Should you choose to implement the recommendations contained in the plan, Mitchell & Pahl suggests you work closely with your attorney, accountant and/or insurance agent. Mitchell & Pahl will act solely in its capacity as a registered investment adviser and does not provide any legal, accounting or tax advice. You should seek the counsel of a qualified accountant and/or attorney when necessary. As part of our advisory services, we may assist clients with tax harvesting and will work with the client’s tax specialist to answer any questions related to the client’s portfolio. Selection of Independent Managers Mitchell & Pahl may select certain Independent Managers to actively manage a portion of its clients' assets. Pursuant to the terms of the investment advisory agreement, Mitchell & Pahl shall have the discretion to appoint and terminate these third-party advisers. The specific terms and conditions under which a client engages an Independent Manager may also be set forth in a separate written agreement with the designated Independent Manager. Certain Independent Managers require a separate investment advisory agreement with the Independent Manager, while others do not. In addition to this brochure, clients will also receive the written disclosure documents of the respective Independent Managers engaged to manage their assets. Mitchell & Pahl evaluates a variety of information about Independent Managers, which may include 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, Mitchell & Pahl seeks to assess the Independent Managers' investment strategies, past performance, and risk results in relation to its clients' individual portfolio allocations and risk exposure. Mitchell & Pahl also takes into consideration each Independent Manager's management style, returns, reputation, financial strength, reporting, pricing, and research capabilities, among other factors. Independent Managers utilized by Mitchell & Pahl include sub-advisers that focus on a specific investment strategy, such as fixed income investing. These sub-advisers provide Mitchell & Pahl with fixed-income research and advice, which is then implemented in client portfolios. Mitchell & Pahl continues to provide services relative to the discretionary or non-discretionary selection of the Independent Managers. On an ongoing basis, Mitchell & Pahl monitors the performance of those accounts being managed by Independent Managers. Mitchell & Pahl seeks to ensure the Independent Managers' strategies and target allocations remain aligned with its clients' investment objectives and overall best interests. Portfolio Management Services for Wrap Fee Program Mitchell & Pahl offers portfolio management services through a wrap program. A bundled or “wrap fee” program is an advisory fee program under which you pay one bundled fee to compensate Mitchell & Pahl for portfolio management and trade execution. A wrap fee program may not be the lowest cost option if you would like to restrict your investments to open-ended mutual funds or other long-term investment products. Amount of Assets We Manage As of December 2023, Mitchell & Pahl managed approximately $319,434,985 on a discretionary basis and $35,010,265 on a non-discretionary basis. Discretionary assets under management are those for which we have an ongoing responsibility to select and make securities recommendations that are in line with your financial needs and objectives and then effect those securities transactions without first consulting you. Non-discretionary assets under management are those for which we have an ongoing responsibility to select and make securities recommendations that are in line with your financial needs and objectives and then effect those securities transactions only after consulting with you to inform you of the transaction(s) and obtaining your approval to move forward.