Magnolia Private Wealth, LLC (“Magnolia”) is an investment advisor registered with the Securities and Exchange Commission (“SEC”) pursuant to the Investment Advisers Act of 1940 (the “Advisers Act”). Magnolia is a limited liability company formed in November 2022 under the laws of the state of Wyoming. Larry G. Peery, II and Noah D. Schwartz are the principal owners of Magnolia. Currently, we provide the following investment advisory services, which are customized to each individual Client:
• Financial Planning Services
• Portfolio Management Services
• Employee Benefit Plan Services Financial Planning Services Financial planning services will typically involve providing a variety of services, principally advisory in nature, to you regarding the management of your financial resources and based on an analysis of your individual needs. An Associated Person of our firm will first conduct a complimentary initial consultation. After the initial consultation, if you decide to engage us for financial planning services, an Associated Person will conduct follow up meetings as necessary, during which pertinent information about your financial circumstances and objectives is collected. Once such information has been reviewed and analyzed, a written (may be delivered digitally or via an online portal) financial plan—designed to achieve your stated financial goals and objectives—will be produced and presented to you. The primary objective of this process is to allow us to assist you in developing a strategy for the successful management of income, assets, and liabilities in meeting your financial goals and objectives. Financial plans are based on your financial situation at the time the plan is 5 presented and are based on financial information disclosed by you to us. You are advised that certain assumptions may be made with respect to interest and inflation rates and use of past trends and performance of the market and economy. Past performance is in no way an indication of future results. We cannot offer any guarantees or promises that your financial goals and objectives will be met. As your financial situation, goals, objectives, or needs change, you must notify us promptly in writing. Portfolio Management Services We are also engaged in the business of providing discretionary portfolio management and investment advisory services on a continuous basis. If you participate in our discretionary portfolio management services, we require you to grant us discretionary authority to manage your account. Discretionary authority will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms. You may limit our discretionary authority (for example, limiting the types of securities that can be

purchased for your account) by providing our firm with your restrictions and guidelines in writing. Employee Benefit Plan Services Our firm provides employee benefit plan services to employer plan sponsors on an ongoing basis. Generally, such services consist of assisting employer plan sponsors in establishing, monitoring, and reviewing their company's participant-directed retirement plan. As the needs of the plan sponsor dictate, areas of advice may include investment options, plan structure, and participant education. In providing employee benefit plan services, our firm does not provide any advisory services with respect to the following types of assets: employer securities, real estate (excluding real estate funds and publicly traded REITS), participant loans, non-publicly traded securities or assets, other illiquid investments, or brokerage window programs (collectively, “Excluded Assets”). Retirement Rollovers-Potential for Conflict of Interest A Client or prospective Client leaving an employer typically has four options regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the money in the former employer's plan, if permitted, (ii) roll over the assets to the new employer's plan, if one is available and rollovers are permitted, (iii) roll over the assets into an Individual Retirement Account ("IRA"), or (iv) cash out the account 6 value (which could, depending upon the Client's age, result in adverse tax consequences). If we recommend that a Client roll over their retirement plan assets into an account to be managed by our firm, such a recommendation creates a conflict of interest if we will earn a new (or increased) advisory fee as a result of the rollover. No Client is under any obligation to roll over retirement plan assets to an account managed by Magnolia. Our Chief Compliance Officer, Larry G. Peery, II, remains available to address any questions that a Client or prospective Client may have regarding the potential for conflict of interest presented by such a rollover recommendation. Referrals to Outside Professionals If requested by a Client, we may recommend the services of other professionals for certain non-investment implementation purposes (e.g., attorneys, accountants, insurance agents, etc.). Clients are reminded that they are under no obligation to engage the services of any such recommended professional. The Client retains absolute discretion over all such implementation decisions and is free to accept or reject any recommendation made by Magnolia or its representatives. If the Client engages any unaffiliated recommended professional, and a dispute arises thereafter relative to such engagement, the Client agrees to seek recourse exclusively from and against the engaged professional. Assets Under Management As of December 31, 2023, Magnolia managed $110,072,048 of Client assets on a discretionary basis and approximately $617,597 of Client assets on a non-discretionary basis.