Description of the Firm Carrera became a standalone investment adviser in 2024 and is owned by three investment professionals who operated an investment advisor business unit within the Private Client Group of a large national investment advisory firm. Carrera provides financial planning, portfolio management and general consulting services to its clients. Keith J. Nichol (principal owner), Jacob A. Raska (principal owner) and Martin L. Schmidt are Carrera’s owners. For more information about Messrs. Nichol, Raska and Schmidt, please contact us to receive a copy of Carrera’s Form ADV Part 2B Brochure supplement. Description of Services Offered The following paragraphs describe the services offered by Carrera. Please refer to the following paragraphs for more detail about the specific service, and how we tailor our services to your individual needs. As used in this Brochure, the words "our" and "us" also refer to Carrera. The words "you," "your" or "client" refer to our clients and prospective clients. Other terms may be defined later in this Brochure as well. Investment Advisory Services Carrera offers continuous and ongoing investment advice and portfolio management services. Investment planning is designed to provide a retirement roadmap of income and expenses over the client's life. Our advice and services are tailored to meet our client's individual needs, life circumstances and investment goals. We have discussions with the client to determine the client's investment objectives, risk tolerance, time horizons and liquidity needs. Generally, we use the information we gather to prepare an individualized investment policy statement ("IPS") for the client. Clients may impose reasonable restrictions and guidelines on investing in certain securities, types of securities or industry sectors. We expect all such restrictions to be timely communicated to us. Client restrictions and guidelines may negatively affect investment performance. Clients must inform us of any changes to their financial circumstances, investment objectives or risk tolerance, or of any modifications or restrictions that are imposed on the management of the client's account. In this manner, Carrera can better serve our clients' needs. Account management and supervision is guided by the client's IPS and market conditions. We manage clients' investment accounts on a discretionary and non-discretionary basis. Once we construct an IPS for a client, we will monitor the portfolio's performance on an ongoing and continuous basis, unless otherwise agreed, and will make adjustments and reallocations as necessary due to changes in market conditions and the client's circumstances, as communicated to us. For our discretionary asset management services, Carrera will receive a limited power of attorney to effect securities transactions on behalf of a client. The client may limit our discretionary authority by providing us with a written communication that details restrictions and other guidelines. Unless otherwise agreed to by the client and Carrera, if we manage a client's account on a non- discretionary basis, we will have the ongoing responsibility to make investment recommendations based on the client's individualized investment strategy or we will develop and implement an asset allocation strategy, which we will continuously monitor and supervise. We would first obtain a client's approval before executing transactions in a non-discretionary account. Requests for approval will be communicated via electronic mail to an authorized account or via a telephone call to an authorized phone number. The client will be responsible for responding in a timely manner. We explore different types of investment options and strategies in the design of a client's customized IPS. Our investment recommendations are not limited by any specific product or service offered by a broker-dealer or custodian. These recommendations will generally include, but not necessarily be limited to, security types from the following list:  Individual stocks and bonds;  American Depository Receipts or similar instruments (ADRs, ADSs);  Exchange traded products (ETFs, ETNs);  Mutual funds (including closed-end funds);  Money market funds and other cash instruments;  Listed options on stocks and exchange traded products;  Stocks trading on the Pink Sheets or over-the-counter;  Commodity funds or trusts or exchange traded products that seek to track the return of commodity investments;  Futures;  Cryptocurrency; and  Private investment vehicles (LP interests in hedge, private equity, and venture capital funds). Each type of security has its own unique set of risks associated with it, and it would not be possible to list all of the specific risks of every type of investment. Even within the same type of investment, risks can vary widely. However, in very general terms, the higher the anticipated return of an investment, the higher the risk of loss associated with it. Because some types of investments involve certain additional degrees of risk, they will only be recommended and implemented when consistent with the client's IPS. Financial Planning Services Carrera also provides financial planning services. Such services include a comprehensive evaluation of a client's financial situation by using currently known facts and variables. We create a financial plan for the client, which is designed to assist the client to achieve financial goals and objectives. We may also prepare reports at the client's request. A financial plan may address one or more of the following areas:  Financial Position: Understanding of a client's current financial situation. Sources of evaluation include income, expenses, assets, liabilities, etc.  Investment Planning: Determining the most suitable way to structure investments to meet financial goals, and determine the appropriate account type (e.g., joint tenants,

IRA, Roth IRA, etc.)  Income Tax Planning: Evaluating the current tax situation to help minimize a client's taxes and find more profitable ways to use the extra income generated. Carrera also may prepare income tax returns for clients for a separate fee.  Retirement Planning: Assessing retirement needs to help a client determine how much to accumulate, as well as distribution strategies designed to create a source of income during retirement years.  Credit Planning: Evaluating a client's credit needs.  Insurance Planning and Risk Management: Evaluating the client's insurance needs and reviewing insurance policies and the like.  Estate Planning: Reviewing the client's cash needs at death, income needs of surviving dependents and estate planning goals. Carrera is able to refer clients to a third-party service provider for assistance with completing or updating their estate planning documents such as a will, trust, financial power of attorney, and medical/healthcare power of attorney. Carrera offers this service through a third-party provider. The provider only prepares documentation but does not provide legal advice and is not the client's attorney. Carrera also does not provide legal advice to the client, and the client should consult with his/her attorney for estate planning legal advice.  Education Planning: Reviewing the educational needs for the client and his/her family, along with planning for educational expenses. We gather information through interviews and review of documents provided by the client, including questionnaires. Information gathered includes the client's current financial status, future goals, investment objectives, risk tolerance and family circumstances. Typical financial planning services include one or more of each of the aforementioned service components. A financial plan may require the services of a specialist such as an insurance specialist, attorney, or tax accountant. We may recommend third-party service providers, but the client is under no obligation to use any service provider recommended by us. Likewise, the client is under no obligation to act on our financial planning recommendations. Carrera does not receive referral or other fees from third-party service providers. Financial plans are based on the client's financial situation at the time we present the financial plan to the client, and on the information provided to us. The client must promptly notify us if his/her financial situation, goals, objectives or needs change. Certain assumptions may be made with respect to interest rates, inflation rates, and use of past trends and performance of the market and economy. Past performance is in no way an indication of future performance. We cannot offer any guarantees or promises that a client's financial goals will be met. Held-Away Assets We can use a third-party platform such as, but not limited to, Pontera, to facilitate management of held-away assets such as, but not limited to, defined contribution plan participant accounts with discretion. The third-party platform allows Carrera to review the current account allocations without having custody of these held-away client accounts or access to client log-in credentials. Carrera is not affiliated with Pontera in any way and receives no compensation from it for using its platform. If a client requests us to manage their held-away assets, a link will be provided to connect an account(s) to the third-party platform. Once said account(s) is connected to the platform, we will review the current account allocations from within the third-party platform. When deemed necessary, based on our review from time-to-time (but at least annually), we will rebalance the account considering the client’s investment goals and risk tolerance, and any change in allocations will consider current economic and market trends. Wrap-Fee Programs Carrera does not participate in wrap-fee programs. Information Regarding Conflicts of Interest Carrera has conflicts of interest arising from our advisory services. These conflicts of interest include, but are not limited to:  Carrera’s investment advisors are compensated when clients invest with Carrera. (Please refer to Item 5 below.)  Carrera allocates time and resources between client accounts and allocates advisory fees and investment opportunities generally. (For further information on our brokerage and allocation policies, and related conflicts of interest, please refer to Item 12 below.)  Carrera and its related persons contemporaneously invest in (i.e., engage in personal trading in) securities recommended to clients. Please refer to Item 11 for further information. Carrera’s policies and procedures attempt to mitigate conflicts of interest, however conflicts of interest discussed here and in other Items of this Brochure still exist and are not entirely removed or eliminated. Non-Advisory Assets Carrera sometimes provides opportunities to purchase, place, or keep certain assets (including but not limited to cryptocurrency assets) in a non-advisory account as an accommodation to its clients. Non-advisory accounts are operated by third parties, and Carrera provides no investment advisory services or monitoring of such accounts or their assets. Although clients sometimes access non-advisory accounts through Carrera, they will be held away and Carrera will not have custody or control of these accounts. These assets will not be included in the calculation of clients’ assets under management, and Carrera will not charge its advisory fee on these accounts. Any fees or costs associated with maintaining these non-advisory accounts will be owed to the third- party services that offer these accounts and will be governed by the terms and conditions of third parties. Carrera has no role in negotiating or formulating the provisions of such third-party terms and conditions and does not receive any remuneration from these third parties. The success of investments conducted through third parties may vary.