Chapman & Chapman Advisors LLC is a Registered Investment Adviser with its sole place of business located at 33 River Street, Suite 3, Chagrin Falls, Ohio 44022. The firm’s registration as an adviser does not imply that the SEC or any state regulator has endorsed our respective qualifications to provide investment advisory services. The firm was incorporated in 2002, although the Chapman family has provided financial services to clients since 1886. George B. Chapman III CFP® CFA® JD MBA CPA is the Managing Member and 95% owner of the firm. His daughter Ashley Chapman Rozsa CFC® WMCP® MBA owns 5% of the firm. We are fiduciaries. We put our clients’ needs ahead of our own. Portfolio Advisory Services We develop a personal portfolio strategy for each client taking into consideration the current economic environment and the client's investment objectives, risk tolerance, time horizon, liquidity needs, tax considerations and other particular circumstances. The portfolio is monitored and from time to time we recommend changes as appropriate. We manage all advisory accounts on a non-discretionary basis. Changes are only made when and if the client gives his or her approval. Clients may impose reasonable restrictions and/or preferences for investing in certain securities, types of securities, or industry sectors. As of December 31, 2023, we were managing $114,598,529 of client assets on a non-discretionary basis. We do not manage client assets on a discretionary basis. In general, our preferred investment strategy is to use passive-investment vehicles that track certain market sectors, as opposed to actively managed investments and individual stocks. Our typical portfolio is very diversified and primarily consists of exchange-traded index funds, exchange traded index notes and no-load institutional mutual funds. Equity style sectors include, but are not limited to, large cap, mid cap, small cap, emerging markets and Pacific Rim. On the bond side, we use treasury inflation protection securities, corporate bonds, foreign bonds, emerging market bonds, and other "fixed" categories. Alternative market sectors include commodities and real estate. We do not engage in individual options, individual future contracts, private placements, leveraged funds, direct investment in real estate, derivatives, short selling or other exotic investments. The exchange-traded index funds, exchange-traded index notes and no-load mutual funds are selected on the basis of any or all of the following criteria: the industry or country sector in which the fund invests; the fund's performance history; the track record of the fund's manager; the fund's investment objectives; the fund's management style and philosophy; and the fund's management fee and expense structure. Portfolio weighting between funds and market sectors are determined by each individual client's needs, risk tolerance and other personal circumstances. We cannot guaranty future performance. Client accounts are subject to market, currency, interest rate, credit, economic, political, environmental and business risks. Clients may experience a gain or loss. All securities are held by the independent custodian which is Charles Schwab & Co., Inc. (“Schwab”), 211 Main Street, San Francisco, CA 94105. We do not have custody of Client funds. Our advisory fee is debited against the client account quarterly. Security transactions are conducted by Schwab’s traders. Trading costs are charged to the client’s account. We receive

no compensation from trading activity. Clients retain individual ownership of all securities. Schwab mails a monthly statement to the client showing all transactions including advisory fees, trading costs, the total market value of the account and a detailed list of securities held. The client is permitted to view his or her holdings on Schwab’s web site. ~ 5 ~ We prepare and send to each client a historical performance report showing year by year:
• The beginning and ending market value of the portfolio.
• Any contributions or withdrawals.
• The amount of the net investment gain or loss.
• The net investment gain or loss as a percentage of the beginning market value of the portfolio.
• The benchmark percentage return. Financial Planning Services Upon request we provide financial planning services. Financial planning is a comprehensive evaluation of a client’s current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans. Through the financial planning process, all questions, information and analysis are considered as they impact the entire financial and life situation of the client. Clients purchasing this service receive a written report which provides the client with a detailed financial plan designed to assist the client achieve his or her financial goals and objectives. In general, the financial plan can address any or all of the following areas:
• We review family records, budgeting, personal liability, estate information and financial goals.
• We analyze the client’s income tax and spending and planning for past, current and future years; then illustrate the impact of various investments on the client's current income tax and future tax liability.
• We analyze investment alternatives and their effect on the client's portfolio.
• We review existing policies to ensure proper coverage for life, health, disability, long-term care, liability, home and automobile.
• We analyze current strategies and investment plans to help the client achieve his or her retirement goals.
• We review the client’s cash needs at death, income needs of surviving dependents, estate planning and disability income.
• We assist the client in assessing and developing long-term strategies, including as appropriate, living trusts, wills, review estate tax, powers of attorney, asset protection plans, nursing homes, Medicaid and elder law. ~ 6 ~ We gather required information through in-depth personal interviews. Information gathered includes the client's current financial status, tax status, future goals, returns objectives and attitudes towards risk. We carefully review documents supplied by the client, including a questionnaire completed by the client, and prepare a written report. Should the client choose to implement the recommendations contained in the plan, we suggest the client work closely with his/her attorney, accountant, insurance agent, and/or stockbroker. Implementation of financial plan recommendations is entirely at the client's discretion. Typically the financial plan is presented to the client within six months of the contract date, provided that all information needed to prepare the financial plan has been promptly provided. Financial planning recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. All recommendations are of a generic nature.