Refined Wealth Management LLC (“RWM”) is a Registered Investment Adviser (“Adviser”) which offers investment advice, financial planning, insurance, and other financial services to clients. We are registered through and regulated by The United States Securities and Exchange Commission. We provide investment advice through Investment Adviser Representatives (“Advisor”) associated with us. These individuals are appropriately licensed, qualified, and authorized to provide advisory services on our behalf. In addition, all advisors are required to have commensurate industry and educational experience. RWM was founded in 2013 by Ryan Larsen who serves as a Managing Member, Chief Executive Officer and Chief Compliance Officer. Mr. Larsen has an extensive employment history in financial advising and has obtained the Certified Financial Planner (“CFP”) and Accredited Portfolio Management Advisor (“APMA”) designations. We provide comprehensive and objective financial advice on an individualized level, to help you achieve your investment goals. We provide portfolio management services to individuals, high net worth individuals, trusts, estates, corporations, and small businesses. We use stocks, bonds, and Exchange Traded Funds (ETFs) in constructing our clients’ portfolios. We are a full-service firm that provides all asset management services, and do not directly utilize managed funds or the services of third party money managers. We are committed to the precept that by placing the client’s interests first, we will add value to the asset management process and earn the client’s trust and respect. We value long term relationships with our clients whom we regard as strategic partners in our business. Services We provide various asset management and financial planning services, with an emphasis on helping you develop and execute plans that are designed to build and preserve your wealth. As of December 2022, we have 932 client accounts; $ 141,539,823million in assets under management; and provide portfolio management services to individuals, high net worth individuals, trusts, estates, corporations, and small business owners. We do not participate in any wrap fee programs. We manage assets on a discretionary basis, which means you have given us the authority to determine the following without your consent:
• Securities to be bought or sold for your account
• Amount of securities to be bought or sold for your account Trading may be required to meet initial allocation targets, after substantial cash deposits that require investment allocation, and/or after a request for a withdrawal that requires liquidation of a position. Additionally, your account may be rebalanced or reallocated periodically in order to reestablish the targeted percentages of your initial asset allocation. This rebalancing or reallocation will occur on the schedule we have determined together. You will be responsible for any and all tax consequences resulting from any rebalancing or reallocation of the account. We started offering tax services to our clients. We work with them on specific tax issues that are detailed to their income tax situation We will also work with your tax professionals to assist you with tax planning. You will have the opportunity to meet with us periodically to review the assets in your account. 1. Ongoing Financial Planning We provide ongoing planning services such as comprehensive financial planning, estate planning, business planning, and educational planning. We realize your needs and goals change, and so do the markets. Your investing strategy should rightfully change to address these variables. To address these concerns, we provide ongoing financial planning services on a yearly basis, at a reasonable price for our clients. Fee based financial planning is a comprehensive relationship which incorporates many different aspects of your financial status into an overall plan that meets your goals and objectives. The financial planning relationship consists of face-to-face meetings and ad hoc meetings with you and/or your other advisors (attorneys, accountants, etc.) as necessary. In performing financial planning services, we typically examine and analyze your overall financial situation, which may include issues such as taxes, insurance needs, overall debt, credit, business planning, retirement savings and reviewing your current investment program. Our services may focus on all or only one of these areas depending upon the scope of our engagement with you. It is essential that you provide the information and documentation we request regarding your income, investments, taxes, insurance, estate plan, etc. We will discuss your investment objectives, needs and goals, but you are obligated to inform us of any changes. We do not verify any information obtained from you, your attorney, accountant or other professionals. If you engage us to perform these services, you will receive a

written agreement detailing the services, fees, terms and conditions of the relationship. You are under no obligation to implement recommendations through us. You may implement your financial plan through any financial organization of your choice. We obtain information from a wide variety of publicly available sources. We do not have any inside private information about any investments that are recommended. All recommendations developed by us are based upon our professional judgment. We cannot guarantee the results of any of our recommendations. Choosing which advice to follow is your decision. 2. Asset Management Asset management is the professional management of securities (stocks, bonds and other securities) in order to meet your specified investment goals. With an Asset Management Account, you engage us to assist you in developing a personalized asset allocation program and custom-tailored portfolio designed to meet your unique investment objectives. The investments in the portfolio account will primarily consist of stocks, bonds, and/or Exchange Traded Funds (“ETFs”). However, the Adviser has the right to add different product mixes at his discretion. We will meet with you to discuss your financial circumstances, investment goals and objectives, and to determine your risk tolerance. We will ask you to provide statements summarizing current investments, income and other earnings, recent tax returns, retirement plan information, other assets and liabilities, wills and trusts, insurance policies, and other pertinent information. Based on the information you share with us; we will analyze your situation and recommend an appropriate asset allocation or investment strategy. Our recommendations and ongoing management are based upon your investment goals and objectives, risk tolerance, and the investment portfolio you have selected. We will monitor the account, trade as necessary, and communicate regularly with you. With our clients that are positioned in our models this is often done with market commentary emails that are sent on a monthly basis via email. We will work with you on an ongoing basis to evaluate your asset allocation as well as rebalance your portfolio to keep it in line with your goals as necessary. We will be reasonably available to help you with questions about your account. You will also receive our Advisory Agreement which describes what services you will receive and what fees you will be charged. We will:
• Review your present financial situation
• Monitor and track assets under management
• Advise on asset selection
• Provide research and information on performance and portfolio management changes
• Build a risk management profile for you through an Investment Policy Statement (IPS)
• Assist you in setting and monitoring goals and objectives
• Provide personal consultations as necessary upon your request or as needed. You are obligated to notify us promptly when your financial situation, goals, objectives, or needs change. You shall have the ability to impose reasonable restrictions on the management of your account, including the ability to instruct us not to purchase certain bonds, stocks or other securities. These restrictions may be a specific company security, industry sector, asset class, or any other restriction you request. Under certain conditions, securities from outside accounts may be transferred into your advisory account; however, we may recommend that you sell any security if we believe that it is not suitable for the current recommended investment strategy. You are responsible for any taxable events in these instances. Certain assumptions may be made with respect to interest and inflation rates and the use of past trends and performance of the market and economy. Past performance is not indicative of future results. If you decide to implement our recommendations, we will help you open a custodial account(s). The funds in your account will generally be held in a separate account, in your name, at an independent custodian, and not with us. We are available during normal business hours either by telephone, fax, email, or in person by appointment to answer your questions. 3. Other Services We may recommend and sell term life insurance. We will receive the usual and customary commissions associated with these sales from the insurance company. You will not pay a separate fee for these and your advisory fee will not be reduced by any payments we receive from these sales. We also offer fixed-fee project-based services including portfolio reviews. We can provide research and advice concerning any legal and legitimate investment for which public information is readily available. We can also provide an-in depth analysis of your financial situation or other defined projects as requested. If your needs do not fit into any of these services, we can also provide on-demand financial consulting and ongoing annual consulting.