Description of Firm Legacy Investment Solutions, LLC ("LIS"), is a registered investment adviser primarily based in Boise, Ada County, Idaho. In 2024, Legacy Investment Solutions, LLC filed an application with the State of Idaho to do business as Ancorato. LIS, the underlying organization, remains a limited liability company ("LLC") under the laws of the State of Idaho. We have been providing investment advisory services since 09/15/2022. We are primarily owned by Legacy Wealth Advisors, LLC, and Legacy Insurance & Agency, LLC. Jefferson H. West is our new Chief Compliance Officer. LIS is a business-to-business focused firm offering portfolio management services to retail investors through other Registered Investment Advisors (“RIAs”) and Investment Advisor Representatives (“IARs”). LIS also offers it services to Institutional Clients. LIS offers portfolio management services through the use of its own managed strategies including the use of its own interval fund. LIS was formed and spun off of Legacy Wealth Management, LLC, an RIA that has been offering advisory services since 02/02/2015. Many of the managed strategies used by LIS are the same strategies that have been employed by Legacy Wealth Management and its internal investment committee. 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 the needs of your clients. As used in this brochure, the words "we," "our," and "us" refer to Legacy Investment Solutions, LLC, or Ancorato, and the words "you," "your," and "client" refer to you as either a registered investment advisor (RIA) or Individual Advisor Representative (IAR). If it says, “your client,” that references the client you offer advisory services to and have entrusted us with their resources to be managed in accord with our strategies. Neither you, as the RIA or IAR, are an employee or advisor of LIS. Portfolio Management Services We invest in your client’s assets according to one or more model portfolios (“Model Portfolios”) developed by LIS. The Model Portfolios are designed for varying degrees of risk tolerance ranging from a more aggressive investment strategy to a more conservative investment approach. The Model Portfolios are also designed to strive to accomplish various investment objectives from capital appreciation to current income or a combination of the two. Your client’s assets are invested in the Model Portfolios, but you may not set restrictions on the specific holdings or allocations within the model, nor the types of securities that can be purchased in the model. Clients may impose restrictions on investing in certain securities or types of securities in their account. In such cases, this may prevent your client from investing in certain Model Portfolios that are managed by our firm. Interval Fund In addition to the Model Portfolios, LIS may create, and manage, a proprietary interval fund for investing client assets. An interval fund is a non-traditional type of closed-end mutual fund that periodically offers to buy back a percentage of outstanding shares from shareholders. An interval fund is typically made up of several different investments, including but not limited to, alternative investments, real estate, stock, and/or bonds. The Ancorato interval fund will be designed to provide investors access to investments that an investor may not otherwise be able to invest in due to investor qualification requirements or minimum investment amounts and provide exposure along different asset classes. Investments in an interval fund may involve additional risk, including lack of liquidity and restrictions on withdrawals. During any time periods outside of the specified repurchase offer windows, investors will be unable to sell their shares of the interval fund. There is no assurance that an

investor will be able to tender shares when or in the amount desired. There can also be situations where an interval fund has a limited amount of capacity to repurchase shares and may not be able to fulfill all purchase orders. In 5 | P a g e addition, the eventual sale price for the interval fund could be less than the interval fund value on the date that the sale was requested. While an internal fund periodically offers to repurchase a portion of its securities, there is no guarantee that investors may sell their shares at any given time or in the desired amount. As interval funds can expose investors to liquidity risk, investors should consider interval fund shares to be an illiquid investment. Typically, interval funds are not listed on any securities exchange and are not publicly traded. Thus, there is no secondary market for interval fund shares. Because these types of investments involve certain additional risk, these funds will only be utilized when consistent with a client’s investment objectives, individual situation, suitability, tolerance for risk, and liquidity needs. Investment in an interval fund should be avoided where an investor has a short- term investing horizon and/or cannot bear the loss of some, or all, of the investment. There can be no assurance that an interval fund investment will prove profitable or successful. Due to these enhanced risks, an investor may direct their advisor to not invest in an interval fund. Selection of Other Advisers We may use the services of a third-party money manager ("TPMM") to manage all, or a portion of, client’s investment portfolio. Factors that we take into consideration when deciding to use a TPMM may include, but are not limited to, the TPMM's performance, methods of analysis, fees, investment goals, risk tolerance, and investment objectives. We will monitor the performance of any TPMM we decide to engage to ensure its management and investment style remains aligned with the investor’s investment goals and objectives. IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor (“DOL”) Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL’s Prohibited Transaction Exemption 2020-02 (“PTE 2020-02”) where applicable, we are providing the following acknowledgment to you. When we provide investment advice regarding any retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. We benefit financially from the rollover of assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest. Assets Under Management (“AUM”) As of the close of 2023, LIS has $170,584,347 AUM, which is a material increase in the amount of AUM reported last year of zero.