A. Description of Firm: Walsh Financial Consulting (“WFC”, “the Firm”, “we”, “us” or “our”) conducts business as a DBA under its legal name Active Assets Corporation (“AAC”) under the laws of the State of California. WFC has been in business since 2010. Its principal place of business is in Oakland, CA. Mark Walsh is the sole owner. He is responsible for making all investment decisions. B. Types of Services Offered: Financial Consulting Services We provide financial consulting services to corporations and government agencies. Investment Consulting Services We serve government agencies to help them manage their treasury investments and operations. These services are typically defined by our clients. Currently, it includes staff augmentation services in the areas of cash management, and quarterly reviews of local and national banks for their financial performance and stability. Investment Advisory Services To suit the needs of our clients, we offer investment advisory services on both a discretionary and non-discretionary basis. On a discretionary basis, WFC provides investment advisory services to its high net worth individuals and families using separately managed accounts. WFC invests client funds across asset classes globally, principally in publicly traded equities and bonds (including investment grade, high yield, and government bonds). Our investment advisory services are tailored to meet each client’s individual goals & objectives, time horizon, and risk tolerance levels. WFC completes an Investor Suitability Form for each client, which outlines the client’s current situation (income, assets, and risk tolerance) and then constructs a plan to aid in the selection of a portfolio that matches each client’s specific situation. Portfolio management services include, but are not limited to, the following: (1) recommendation of investment & portfolio strategy, (2) asset managers,

(3) asset allocation, (4) risk tolerance, and (5) regular portfolio monitoring.
The recommendation of the investment strategy and asset managers are approved in writing by each client. Financial Planning Services Financial plans and financial planning may include, but are not limited to: investment planning, life insurance, tax concerns, retirement planning, college planning, and estate planning. General Notice In performing its services, WFC relies upon the information received from its client or from their other professional legal, accounting and tax advisors, and is not required to independently verify such information. Clients must promptly notify us of any change in their financial situation or investment objectives that would necessitate a review or revision of the client’s portfolio and/or financial plan. Termination of Agreement Clients may terminate their agreement at any time upon written notice to the Firm. The Firm does not assess any fees related to termination but will be entitled to all fees earned up to the date of termination. C. Tailored Services WFC focuses on providing active investment strategies to its clients. Other strategies may be considered, if appropriate, to meet an individual client’s needs. If reasonable (i.e. not overly cumbersome) and offered by an asset manager, WFC provides clients the ability to impose restrictions on investing in certain securities or types of securities based on their religious beliefs and values. D. Wrap Fee Programs WFC does not participate in any wrap fee programs. E. Assets Under Management As of March 31, 2023, our regulatory assets under management include the following: Assets Under Management (AUM) As of 3/31/2023 Discretionary AUM $0 Non-discretionary AUM $0 Total AUM $0 Consulting AUM $211,000,000 Total AUM & Consulting AUM $211,000,000