Advisory Firm MWA has been providing investment advisory services since 2006. Scott Floersheim is MWA’s founder and managing member and has been active in the financial services industry since 1997. Advisory Services As of December 31, 2023, MWA managed assets of approximately $108,825,330 across 254 accounts, of which $11,294,573 was managed on a discretionary basis and $97,530,757 was managed on a non-discretionary basis. In accordance with the Employment Retirement Income Security Act (ERISA), MWA hereby acknowledges that it is a "fiduciary" when the firm’s services are subject to the provisions of ERISA of 1974, as amended. WEALTH MANAGEMENT SERVICES MWA utilizes a consultative approach in providing solutions for each client's needs. MWA works with each client to determine the client's investment objectives and investor risk profile and then designs a written investment policy statement. MWA uses investment and portfolio allocation software to evaluate alternative portfolio designs. MWA evaluates the client's existing investments with respect to the client's investment policy statement. MWA works with new clients to develop a plan to transition from the client's existing portfolio to the portfolio recommended by MWA. MWA will then continuously monitor the client's portfolio holdings and the overall asset allocation strategy and hold periodic review meetings with the client regarding the account as necessary. In addition to managing clients’ investment portfolios, MWA may provide additional wealth management services to clients based upon their unique circumstances and needs. Such services may include income and estate tax planning, personal cash flow analysis, college funding, retirement planning, insurance analysis, establishment of and counsel on retirement plans, business sale structures, trust designs, and assistance with assets outside our direct management. MWA, through its affiliated accounting firm, may also prepare a client’s tax returns as part of the client’s wealth management services. MWA will typically create a portfolio of no-load mutual funds and exchange traded funds (hereinafter “ETFs”). MWA may use model portfolios if the models match the client's investment policy. MWA will allocate the client's assets among various investments taking into consideration the overall management style selected by the client. MWA primarily recommends portfolios consisting of mutual funds and ETFs offered by Dimensional Fund Advisors (hereinafter “DFA”). DFA-sponsored mutual funds and ETFs follow a passive asset class investment philosophy with low holdings turnover. Consequently, the DFA fund fees are generally lower than fees and expenses charged by other types of funds. Client portfolios may also include some legacy holdings of individual securities in situations where disposition of these securities would present overriding tax implications, or the client specifically requests that they be retained for a personal reason. MWA offers asset management services on a “discretionary” and “non-discretionary” basis. When MWA is engaged to provide asset management services on a discretionary basis, we will monitor your accounts to ensure that they are meeting your financial goals and asset allocation. If any changes are needed to your investments, we will make the changes. These changes may involve selling a security or group of investments and buying others. Asset allocation strategies are developed for each client based on the financial plan created. Cash may be included

in this allocation strategy. In certain circumstances MWA will provide asset management services on a non-discretionary basis, which means we will manage the clients’ accounts as we do for our discretionary clients, except we will consult with the client prior to implementing any investment recommendation. Clients should be aware that some recommendations may be time-sensitive, in which case recommendations not implemented because we are unable to reach a non-discretionary client may not be made on a timely basis and therefore client’s account may not perform as well as it would have had MWA been able to reach the client for a consultation on the recommendation. On an ongoing basis, MWA will answer clients' inquiries regarding their accounts and review periodically with clients the performance of their accounts. MWA will periodically, and at least annually, review a client's investment policy, review a client’s risk profile and discuss the re-balancing of each client's accounts to the extent appropriate. FINANCIAL PLANNING MWA also provides advice in the form of a Financial Planning. Clients choosing this service will receive access to MWA’s financial planning software providing collaboration between the client and the advisor toward a detailed financial plan designed to achieve the client’s stated financial goals and objectives. In general, the financial plan will address any or all of the following areas of concern:
• PERSONAL: Family records, budgeting, personal liability, estate information and financial goals.
• TAX & CASH FLOW: Income tax and spending analysis and planning for past, current and future years. MWA may illustrate the impact of various investments on a client’s current income tax and projected income tax liability.
• DEATH & DISABILITY: Cash needs at death, income needs of surviving dependents, estate planning and disability income analysis.
• RETIREMENT: Analysis of current strategies and investment plans to help the clients achieve their retirement goals.
• INVESTMENTS: Analysis of investment alternatives and their effect on a client’s portfolio. MWA gathers necessary information through in-depth personal interviews. Information gathered includes a client’s current financial status, future goals, and their attitudes towards risk. Related documents supplied by the client are carefully reviewed, including questionnaires completed by the client, and a written report is prepared. Should a client choose to implement the recommendations in the plan, MWA suggests the client work closely with his/her attorney, accountant, or insurance agent. Implementation of financial plan recommendations is entirely at the client’s discretion, unless MWA is engaged to provide ongoing Wealth Management Services. 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 non-proprietary nature. HELD-AWAY ASSET MANAGEMENT MWA provides an additional service for accounts not directly held under our management with a qualified custodian and may leverage an Order Management System to implement tax-efficient asset location and opportunistic rebalancing strategies on behalf of the client. These are primarily 401(k) accounts, HSA’s, and other assets we do not hold under our management with a qualified custodian. We regularly review the available investment options in these accounts, monitor them, and rebalance and implement our strategies in the same way we do other accounts, though using different tools as necessary.