Description of Firm Redbud Advisors LLC d/b/a Redbud Advisors is a registered investment adviser based in Austin, Texas. We are organized as a limited liability company ("LLC") under the laws of the State of Texas. We have been providing investment advisory services since March 2019. We are owned by Adam Boyd Reinking and Ryan Christopher Walker. The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Redbud Advisors and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm. Investment Management Services Clients may engage Redbud Advisors to effect transactions within their investment portfolios on a discretionary or non-discretionary basis, on a standalone basis, or as part of a wealth advisory oversight offering via a wealth management agreement. The Firm will typically assist clients in determining their investment objectives, risk tolerance, and cash flow needs, which are documented in an Investment Policy Statement and reviewed periodically. All portfolios are customized for each investor; albeit focused on planning first and passive (index) investing to effect the plan. The determination of an appropriate portfolio for each client is a function of current and future cash flow needs, risk tolerance, time horizon, terminal value (wealth transfer) goals, and modeled returns. Redbud Advisors’ target clientele are taxable investors, thereby making tax efficiency a critical component of the portfolio construction process. The Firm employs a proactive use of asset location – seeking to place assets in the optimal location to minimize income tax implications and/or maximize estate tax effectiveness. Redbud Advisors primarily allocates client assets among various investment strategies, with a strong bias for low-fee, tax advantaged investments typically embodied through a passive approach to the markets. However, where certain inefficiencies present themselves or the Firm believes that a manager has an unusual advantage in a marketplace, Redbud Advisors may suggest and employ other strategies. Where appropriate, these strategies include the use of independent investment managers (“Independent Managers”), mutual funds, exchange-traded funds (“ETFs”), or other listed securities, in accordance with the investment objectives of its individual clients. In addition, where appropriate, Redbud Advisors also recommends that qualifying clients invest in privately placed securities, which may include debt, equity and/or interests in unregistered, pooled investment vehicles (e.g., hedge funds). Where appropriate, the Firm also provides advice about client-selected securities, legacy positions, or other investments held in client portfolios. Redbud Advisors tailors its advisory services to meet the needs of its individual clients and continuously seeks to ensure that client portfolios are managed in a manner consistent with their specific investment profiles. Redbud Advisors consults with clients on an initial and ongoing basis to determine their specific risk tolerance, time horizon, liquidity constraints and other qualitative factors relevant to the management of their portfolios. Clients are advised to promptly notify Redbud Advisors if there are changes in their financial situation or if they wish to place any limitations on the management of their portfolios. Clients may impose reasonable restrictions or mandates on the management of their accounts if Redbud Advisors determines, in its sole discretion, the conditions would not materially impact the performance of a management strategy or prove overly burdensome to the Firm’s management efforts. Selection of Other Advisers We may recommend that you use the services of a third party money manager ("TPMM") to manage all, or a portion of, your investment portfolio. After gathering information about your financial situation and objectives, we may recommend that you engage a specific TPMM or investment program. Factors that we take

into consideration when making our recommendation(s) include, but are not limited to, the following: the TPMM's performance, methods of analysis, fees, your financial needs, investment goals, risk tolerance, and investment objectives. We will monitor the TPMM(s)' performance to ensure its management and investment style remains aligned with your investment goals and objectives. The TPMM(s) will actively manage your portfolio and will assume discretionary investment authority over your account. We will assume discretionary authority to hire and fire TPMM(s) and/or reallocate your assets to other TPMM(s) where we deem such action appropriate. Wealth Advisory Oversight Services Redbud Advisors believes effective wealth planning is just as important as asset management. Accordingly, in addition to its investment advisory offering, where appropriate, Redbud Advisors also provides clients with integrated wealth advisory oversight services, which can include general oversight and guidance on any or all of the following services, among others:
• General Financial Oversight
• Insurance Review
• Wealth Transfer and Estate Planning
• Investment Planning
• Trust Advisory Services
• Concentrated Wealth Strategies
• Family Governance
• Investment Management
• Philanthropy In performing these services, Redbud Advisors 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. Redbud Advisors recommends the services of itself or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists if clients engage Redbud Advisors to provide additional fee-based services (e.g. custom reporting, or special projects). Clients retain absolute discretion over all decisions regarding implementation and are under no obligation to act upon any of the recommendations made by Redbud Advisors under a wealth advisory oversight engagement or to engage the services of any such recommended professionals, including Redbud Advisors itself. Clients are advised that it remains their responsibility to promptly notify the Firm of any change in their financial situation or investment objectives for the purpose of reviewing, evaluating or revising Redbud Advisors’ previous recommendations and/or services. Pooled Investment Vehicles The Principals of Redbud Advisors will occasionally invest in real estate projects and may potentially offer investment opportunities in these projects to clients and non-clients. Each project will be owned by a single-purpose entity. Our advisory services are separate and distinct from the compensation paid to our affiliate for their services. Redbud Advisors does not provide advisory services to Austin Dev-1, LLC, Jackie Robinson Homes, LLC, Rabb and Stobaugh, LLC, Azie Morton Homes, LP and 3308 Bowman, LLC (the "Funds"), private pooled investment vehicles in which you may be solicited to invest. The Funds are offered to certain sophisticated investors, who meet certain requirements under applicable state and/or federal securities laws. Investors to whom the Fund is offered will receive a private placement memorandum and other offering documents. Wrap Fee Programs We do not participate in any wrap fee program. Types of Investments We primarily offer advice on exchange traded funds ("ETFs") and mutual funds. Refer to the Methods of Analysis, Investment Strategies and Risk of Loss below for additional disclosures on this topic. Additionally, we may advise you on various types of investments based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship. Assets Under Management As of December 31, 2023, we provide continuous management services for $203,782,559 in client assets managed on a discretionary basis. We also manage $300,000,000 in client assets on a non- continuous basis.