Our firm is dedicated to providing individuals and other types of clients with a wide array of investment advisory services. Our firm is a limited liability company formed under the laws of the State of Missouri in 2014 and has been in business as an investment adviser in Missouri since that time and in California since 2021. Our firm is wholly owned by Barry Watts. Our firm provides asset management and investment consulting services for many different types of clients to help meet their financial goals while remaining sensitive to risk tolerance and time horizons. As a fiduciary, it is our duty to always act in the client’s best interest. This is accomplished in part by knowing the client. Our firm has established a service-oriented advisory practice with open lines of communication. Working with clients to understand their investment objectives while educating them about our process, facilitates the kind of working relationship we value. WealthCare Asset Management, LLC’s (“WealthCare”) investment committee uses a variety of technical indicators including for example, average daily trading volume, high/low indicators, and the MACD. The exact combination and weighting of indicators used to make trading decisions is confidential and proprietary to the WealthCare’s business model. Types of Advisory Services Offered Asset Management: We provide Asset Management services only on a discretionary basis. As part of our Asset Management service, a portfolio is created, consisting of individual stocks, bonds, exchange traded funds (“ETFs”), options, mutual funds and other public and private securities or investments. The client’s individual investment strategy is tailored to their specific needs and may include some or all of the previously mentioned securities. Portfolios will be designed to meet a particular investment goal, determined to be suitable to the client’s circumstances. Once the appropriate portfolio has been determined, portfolios are continuously and regularly monitored, and if necessary, rebalanced based upon the client’s individual needs, stated goals and objectives. Our firm will gather certain information from you to determine your financial situation and investment objectives. The client will be responsible for notifying us of any updates regarding their financial situation, risk tolerance or investment objective and whether you wish to impose or modify existing investment restrictions; however we will contact the client at least annually to discuss any changes or updates regarding their financial situation, risk tolerance or investment objectives. WealthCare is always reasonably available to consult with you relative to the status of your Account. When deemed appropriate for the Client, we may hire Sub-Advisors to manage all or a portion of the assets in the Client account. We have full discretion to hire and fire Sub-Advisors as we deem suitable. Sub-Advisors will maintain the models or investment strategies agreed upon between us and the Sub- Advisor. Sub-Advisors execute trades on behalf of our Client’s accounts. We will be responsible for the overall direct relationship with the Client. We retain the authority to terminate the Sub-Advisor relationship at our discretion. We also provide ancillary services to our Asset Management clients that include but are not limited to the following: ADV Part 2A – Firm Brochure Page 5 WealthCare, LLC
• Review of outside assets, including real estate and business holdings to ensure coordination and integration of all assets producing a wholistic risk mitigation, wealth accumulation and income production approach to wealth management.
• Coordinating bank lines of credit, establishment of home equity lines of credit and introduction of reverse mortgage resources to facilitate cash flow in all economic environments.
• Cash monitoring to assure sufficient liquidity to fund all monthly withdrawals thereby presenting any break in regular cash flow.
• Education on accelerated debt repayment plans, and facilitation of rapid debt reduction.
• Education on Social Security options and coordinating timing for maximum Social Security benefits.
• Calculation and selection guidance on pension options.
• Pension maximization strategies.
• Life insurance auditing.
• Long-term care auditing and alternative protection strategies.
• Automobile leasing vs. financing vs. purchasing analysis.
• Automating payment of life, health and long-term care deposits to ensure continuity of coverage.
• Interviewing and recommendation of attorneys and law firms for general estate planning and specialized legal matters.
• Helping clients to understand, deploy and embrace technology to ensure maximization of service fees from custodians.
• Identify theft and senior abuse mitigation.
• Ensuring RMDs are taken and calculation of proper amounts.
• Education on Medicare enrollment, options and supplemental protection. Assets Held Away WealthCare uses a third party platform to facilitate management of held away assets such as defined contribution plan participant accounts, with discretion. The platform allows us to avoid being considered to have custody of Client funds since we do not have direct access to Client log-in credentials to affect trades. We are not affiliated with the platform in any way and receive no compensation from them for using their platform. A link will be provided to the Client allowing them to connect an account(s) to the platform. Once Client account(s) is connected to the platform, WealthCare will review the current account allocations. When deemed necessary, WealthCare will rebalance the account considering client investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. The goal is to improve account performance over time, minimize loss during difficult markets, and manage internal fees that harm account performance. Client account(s) will be reviewed at least quarterly and allocation changes will be made as deemed necessary. Sub-Advisory Services (Legacy only, we are no longer accepting new clients) WealthCare may act as a sub-adviser to other non-affiliated investments advisors (Primary Advisor) who hire us to manage a portion or all of a client’s portfolio. The Primary Advisor must have discretionary over the account and the ability to delegate that discretionary trading authority to WealthCare. WealthCare will manage the assets according to agreed upon strategies between WealthCare and Primary Advisor. The agreement may be terminated by either party with thirty (30) days prior written notice to the other party. ERISA Plan Services WealthCare

provides service to qualified retirement plans including 401(k) plans, 403(b) plans, pension and profit sharing plans, cash balance plans, and deferred compensation plans. ADV Part 2A – Firm Brochure Page 6 WealthCare, LLC Limited Scope ERISA 3(21) Fiduciary. WealthCare may serve as a limited scope ERISA 3(21) fiduciary that can advise, help and assist plan sponsors with their investment decisions on a non- discretionary basis. As an investment advisor WealthCare has a fiduciary duty to act in the best interest of the Client. The plan sponsor is still ultimately responsible for the decisions made in their plan, though using WealthCare can help the plan sponsor delegate liability by following a diligent process. 1. Fiduciary Services are:
• Provide investment advice to the Client about asset classes and investment alternatives available for the Plan in accordance with the Plan’s investment policies and objectives. Client will make the final decision regarding the initial selection, retention, removal and addition of investment options. WealthCare acknowledges that it is a fiduciary as defined in ERISA section 3 (21) (A) (ii).
• Assist the Client in the development of an investment policy statement (“IPS”). The IPS establishes the investment policies and objectives for the Plan. Client shall have the ultimate responsibility and authority to establish such policies and objectives and to adopt and amend the IPS.
• Provide non-discretionary investment advice to the Plan Sponsor with respect to the selection of a qualified default investment alternative for participants who are automatically enrolled in the Plan or who have otherwise failed to make investment elections. The Client retains the sole responsibility to provide all notices to the Plan participants required under ERISA Section 404(c) (5) and 404(a)-5.
• Assist in monitoring investment options by preparing periodic investment reports that document investment performance, consistency of fund management and conformance to the guidelines set forth in the IPS and make recommendations to maintain, remove or replace investment options.
• Meet with Client on a periodic basis to discuss the reports and the investment recommendations. 2. Non-fiduciary Services are:
• Assist in the education of Plan participants about general investment information and the investment alternatives available to them under the Plan. Client understands WealthCare’s assistance in education of the Plan participants shall be consistent with and within the scope of the Department of Labor’s definition of investment education (Department of Labor Interpretive Bulletin 96-1). As such, WealthCare is not providing fiduciary advice as defined by ERISA 3(21)(A)(ii) to the Plan participants. Advisor will not provide investment advice concerning the prudence of any investment option or combination of investment options for a particular participant or beneficiary under the Plan.
• Assist in the group enrollment meetings designed to increase retirement plan participation among the employees and investment and financial understanding by the employees. WealthCare may provide these services or, alternatively, may arrange for the Plan’s other providers to offer these services, as agreed upon between Advisor and Client. 3. WealthCare has no responsibility to provide services related to the following types of assets (“Excluded Assets”):
• Employer securities; ADV Part 2A – Firm Brochure Page 7 WealthCare, LLC
• Real estate (except for real estate funds or publicly traded REITs);
• Stock brokerage accounts or mutual fund windows;
• Participant loans;
• Non-publicly traded partnership interests;
• Other non-publicly traded securities or property (other than collective trusts and similar vehicles); or
• Other hard-to-value or illiquid securities or property. Excluded Assets will not be included in calculation of Fees paid to WealthCare on the ERISA Agreement. Specific services will be outlined in detail to each plan in the 408(b)2 disclosure. Newsletters: WealthCare provides periodic commentaries and newsletters to both current and prospective clients discussing various topics, primarily taxes and estate planning. All communications are general and informational in nature and there are no specific products discussed or recommended. There is no charge related to our newsletter services. Tailoring of Advisory Services Our firm offers individualized investment advice to our Asset Management clients. Each Asset Management client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may not be possible due to the level of difficulty this would entail in managing the account. Limited Advice to Certain Types of Investments WealthCare provides investment advice on the following types of investments:
• No-Load (i.e. no trading fee) and Load-Waived (i.e. trading fee waived) Mutual Fund Shares
• Exchange-listed securities (i.e. stocks)
• Unit Investment Trusts
• Securities traded over-the-counter and on exchanges (i.e. stocks)
• Fixed income securities (i.e. bonds)
• Closed-End Funds and Exchange Traded Funds (ETFs)
• Certificates of deposit
• Municipal securities
• Variable life insurance
• Variable annuities
• United States government securities
• Options WealthCare does not provide advice on foreign issues, warrants, commercial paper, interests in partnerships investing in real estate and oil and gas interests, or hedge funds and other types of private (i.e. non-registered) securities. When providing asset management services WealthCare typically constructs each client’s account holdings using ETFs, individual stocks, options, bonds and mutual funds to build diversified portfolios. It is not WealthCare’s typical investment strategy to attempt to time the market but we may increase cash holdings modestly as deemed appropriate, based on your risk tolerance and our expectations of market behavior. We may modify our investment strategy to accommodate special ADV Part 2A – Firm Brochure Page 8 WealthCare, LLC situations such as low basis stock, stock options, legacy holdings, inheritances, closely held businesses, collectibles, or special tax situations. Participation in Wrap Fee Programs Our firm does not offer or sponsor a wrap fee program. Regulatory Assets Under Management Wealthcare has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $130,770,316 $726,573 05/08/2024