Fulcrum Wealth Advisors, LLC, (“Fulcrum,” “we,” “our,” “us”) is a Washington state limited liability company owned and operated by Jim Falcone; he is the sole owner. Fulcrum was started in 2013 to provide personalized and independent investment management services to clients and institutions. It is important for you to provide your representative with information on your investment goals. And, if possible, provide the approximate time before you will need to use your investments. Our representatives will educate themselves about your investment objectives and time horizon through a variety of means, primarily through direct interviews or questionnaires. Wealth Management Your representative will provide investment management services on a discretionary basis for a fee based on a percentage of assets under management. Your investments will be tailored to match your objectives and time horizon. In some cases, Advisor may utilize a separate and unaffiliated registered investment advisor (“Independent Manager”) to assist in the management of your Account. You, as the client, may place restrictions on the specific securities or types of securities used in your Account. You must notify us in the advisory agreement (“Agreement”) you sign with Fulcrum or later in writing. In connection with our investment management services, we also provide wealth management based on client needs. Wealth management services include macro-economic analysis, investment research, ongoing financial planning, retirement planning, quarterly performance reporting, consulting about other areas of financial life, such as tax issues, real estate considerations, or philanthropic advice. Because services are provided based on individual client circumstances, not all wealth management clients will receive all wealth management services. Financial Planning & Consulting We provide a variety of financial planning and financial consulting services, including the Wealth Management services described above, but offered as a standalone service without investment management. Comprehensive Consulting for Investors Managing Their Own Money This service is best for clients who want to handle their own investments, including all trade execution and rebalancing, but who want ongoing help with the financial planning and research elements of investing. We provide ongoing financial planning, macro-economic analysis, investment research, annual plan review, quarterly reviews, and specific product or other financial reviews, as appropriate for the client. One-Off Consulting For clients looking for one-time advice in a specific area, we offer consulting for an hourly fee. These services typically fall into the areas of financial planning, portfolio reviews, insurance reviews, or tax consulting (tax consulting does not involve tax return preparation—it is focused on client-specific issues common to investing scenarios and options; we encourage you to consult your own tax adviser to confirm the application of our advice to your specific situation). ERISA Plan Consulting We offer ERISA plan consulting to help clients manage their 401(k) or other self-directed retirement accounts that are not managed through our firm. Clients seeking this service will sign up with a third-party provider, Plan Confidence, that provides data on investment costs, options, and investment allocation based on the client’s investment profile, time horizon, and risk tolerance. We are available to offer macro- level investment advice and context for your retirement assets, including potential allocation decisions, but we do not implement any transactions. Clients are responsible for executing all transactions or rebalancing their retirement plan assets directly through the plan’s investment portal. General Information on Financial Plans If you receive a written plan, it makes an attempt to provide you with an estimate of future growth in your net-worth and income. All tax sensitive reports are provided to you as estimates of future income and estate tax liabilities. These tax sensitive reports are based on current federal and applicable state laws regarding taxation. Federal and State Tax Laws are subject to change and interpretation. All reports, financial statement projections, tax liability estimates, and analysis are intended exclusively for your use in developing and implementing your financial plan. In view of this limited purpose, un-audited data is collected and used to produce your financial plan, therefore, any report, financial statement or analysis is to be considered un-audited as well. Accordingly, you should understand that such financial statements cannot be used as a representation of wealth, to obtain credit, or for any other purpose, other than developing a financial plan. Fulcrum will not audit (examine), review or compile such statements and accordingly, we will not express an opinion or other form of assurance on these financial statements, including the reasonableness of assumptions and other data on which any financial statements or projections are based. There will be differences between projected estimates and the actual results of the plan, because events and circumstances frequently do not occur as expected. Investment returns in particular are most volatile and the probability of estimates coming close to actual results declines with a reduction in the investment- holding period. We do not in any way represent or imply that the investment returns will be similar to estimates projected in your financial plan. The

estimates reflect the historical returns of the various asset classes, and the past performance of these asset classes does not guarantee that future results of these asset classes or your investments will be similar. Fulcrum uses a proactive investment strategy; therefore, the actual returns of your portfolio will differ from the financial plan projections. The financial plan is highly dependent on certain economic assumptions about the future. Therefore, the client should establish familiarity with historical data regarding key assumptions such as inflation and investment rates of return, as well as an understanding of how significantly these assumptions affect the results of our analyses. We will not express any assurance as to the accuracy or reasonableness of your specific data and your assumptions. You are ultimately responsible for the assumptions and personal data upon which our procedures and projections are based. The financial plan assumptions and reports are primarily a tool to alert clients to certain possibilities. The reports are not intended to provide any guarantee about future events, including an individual’s investment returns. The implementation of the plan is solely your responsibility. The financial plans provided for some of our clients do not address all potential aspects of financial planning. Typically, our plans address retirement planning, college funding, and estate planning. Risk management issues such as life, health, disability, and long-term care insurance are not always addressed in every financial plan, and you are encouraged to ask specifically about these issues. Our financial plans are not intended to nor should they be considered to be advice about law or your legal rights and responsibilities, accounting or tax planning, the avoidance of tax penalties or interest or preparation of your tax return. You are encouraged to seek competent legal and tax advice before implementing any recommendation made in a written financial plan. Boeing employees receive complementary areas of financial planning or receive a waiver from being charged the hourly rate Fulcrum typically charges. When we recommend that you rollover retirement assets or transfer existing retirement assets (such as a 401(k) or an IRA) to our management, we have a conflict of interest. This is because we will generally earn additional revenue when we manage more assets. In making the recommendation, however, we do so only after determining that the recommendation is in your best interest. Further, in making any recommendation to transfer or rollover retirement assets, we do so as a “fiduciary,” as that term is defined in ERISA or the Internal Revenue Code, or both. We also acknowledge we are a fiduciary under ERISA or the Internal Revenue Code with respect to our ongoing investment advisory recommendations and discretionary asset management services, as described in the advisory agreement we execute with you. To the extent we provide non-fiduciary services to you, those will be described in the advisory agreement. Assets Under Management As of December 31, 2023, Fulcrum had approximately $105.6 million under management, all on a discretionary basis. Types of Investments Used We consider many different types of securities when formulating the investment advice we give to you, and do not provide advice only limited security types. If you come to us with existing investments, we evaluate them with respect to your financial goals, risk tolerance, and investment time horizon. Depending upon your situation, your account(s) managed by us may contain individual stocks, corporate and/or government bonds, mutual funds, or exchange traded funds (“ETFs”). In some situations, we may recommend that real estate-focused securities be part of your investment portfolio. We may also recommend direct participation programs (DPPs), business direct companies (BDCs), structured notes, and non-traded REITs. Negatively Correlated Investments We may invest a portion of your portfolios in negatively correlated mutual funds or ETFs. Negatively correlated mutual funds or ETFs may rise in value while the general stock market declines and vice versa. We may add these negatively correlated mutual funds or ETFs in an attempt to reduce the volatility of your portfolio. The addition of negatively correlated investments does not in any way guarantee that the volatility, draw down, or loss of portfolio principal will be lower, and it may actually reduce long-term portfolio performance. Selection of Other Advisors In some situations, we recommend that all or a portion of a client’s investment portfolio be actively managed by another investment advisor(s). These other advisors are reviewed and recommended by us to provide clients with expertise in a particular investment style, market segment or investment strategy. We consider your individual circumstances, needs, and objectives and recommend other advisors when recommending other advisors. The other advisors managing portions of your portfolio will charge a fee for these services and these fees are distinct, separate, and in addition to, the fees we charge. Our fees remain the same regardless of which managers we select on your behalf. A detailed description of the other advisors’ services and fees is provided in their disclosure brochure. Our role is to oversee these other advisors to assure they perform their services as expected. If we recommend, and you choose to use, another advisor(s) to manage all or a portion of your portfolio you will enter into an agreement with discloses the manager(s) and the additional fees you will pay.