Laird Norton Wetherby Wealth Management, LLC (“LNW”) is a California Limited Liability Company, founded in 1990 by Debra Wetherby and is wholly owned by Laird Norton Wetherby Trust Company, LLC. Both entities, along with its affiliates LNW Wealth Management, LLC and LNW Trust Company of South Dakota, LLC, operate under the trade name of “LNW” (also known as Laird Norton Wetherby). LNW’s clients are predominantly wealthy individuals and families with complex holdings and a need for comprehensive investment and financial advice. LNW may advise and provide services to many different accounts and entities related to its clients, including personal and retirement accounts, education savings accounts, accounts of minor children, revocable and irrevocable trusts, family partnerships, foundations, charitable organizations, and similar entities. The complexity of clients’ financial lives often requires that LNW work in close collaboration with other advisors that the client has engaged, including other investment advisors, attorneys, CPAs, insurance professionals, and bill payment services. LNW is not affiliated with, and has no financial arrangements with, any of these other advisors. To guide and inform its work with each client, LNW will jointly formulate an investment policy statement (IPS) that summarizes the client’s goals, objectives, constraints, risk tolerance and unique circumstances, including such factors as time horizon, projected future liquidity needs, current holdings, tax considerations, and personal market or investment views. A client may have more than one IPS; for example, when one account or entity within a client relationship has a distinct legal status or unique goals, objectives, constraints, circumstances or risk tolerance. The IPS guides LNW in objectively formulating suitable investment and financial recommendations for each client. As a consequence of the complexity of clients’ financial lives and the customized advice LNW offers, each client’s investment portfolio is unique, although it may share common characteristics with portfolios that have similar investment objectives. Because each portfolio is unique, investment results may vary, even between accounts that have similar investment objectives or similar portfolios. Idiosyncratic factors that can influence the composition of a client’s portfolio and investment results include (but are not limited to):
• Whether LNW has been given discretion over any part or all of the portfolio.
• Decisions made by the client whether to invest (or not invest) in any security or investment product LNW may recommend from time to time.
• The timing of initiation of the portfolio, or any investment or part of the portfolio, including amounts added to or withdrawn from the portfolio.
• Whether the portfolio contains any legacy holdings or positions (those that pre-date engagement of LNW) or investments made by the client during the engagement that have not been recommended by the team which LNW may agree to incorporate into portfolio reporting or analysis as requested by the client.
• Investment constraints and restrictions imposed by the client on the types of investments that may be made or the types of securities that may be purchased for the portfolio, which LNW may consent to but not recommend.
• Regulatory constraints that may apply to any part or all of the portfolio. LNW’s Integrated Investment & Wealth Advisory Offering LNW offers personalized service and a comprehensive wealth management offering which scales in scope and complexity for each

client’s financial situation and goals. LNW’s wealth management offering is tailored to each clients’ individual needs and goals – both initially and as those needs and goals may change over time. Most commonly LNW is engaged to provide an integrated offering that includes investment management, wealth planning, and collaborative professional services. While not exhaustive, following are examples of the integrated services LNW offers:
• Investment Management: (i) development of an Investment Policy Statement customized for the client’s time horizon, risk tolerance and investment targets; (ii) design of an asset allocation tailored to client-specific circumstances; (iii) development of financial modelling or financial projections to test and support asset allocation decisions; (iv) investment product due diligence, selection and recommendation; (v) discretionary and/or non-discretionary investment implementation, ongoing supervision, monitoring and portfolio rebalancing activities; (vi) quarterly client investment and performance reporting; and (vii) periodic meetings with the client’s wealth management team, either virtually, at LNW’s offices or at other mutually convenient locations. In certain cases, LNW will accept direction from clients regarding specific investments and will hold specific securities in the client’s account.
• Wealth Planning: The scope of wealth planning services is determined by the client and may also include planning in connection with (i) financial independence/retirement planning; (ii) capital and liquidity needs analysis and related financial modelling; (iii) philanthropy planning and implementation; (iv) education planning; (v) employee stock option planning; (vi) consideration and evaluation of financing transactions and risk reduction strategies for concentrated equity positions; (vii) advice incident to major asset purchases and sales; and (viii) managing philanthropic plans, tax strategies, wealth transfer strategies, and legacy plans as desired.
• Collaborative Services: LNW also provides, or coordinates the provision of, other related financial services such as estate, financial and tax planning in consultation with other professionals that the client has engaged, including attorneys and accountants. Its team may: (i) coordinate with client’s CPA on matters of income tax planning and reporting; (ii) coordinate with client's lawyer on matters of estate planning and gifting; (iii) coordinate with client's third-party providers of life, disability, and other lines of personal insurance; and (iv) coordinate with client's third-party bill payment service provider. Through this offering LNW will provide investment advice and recommendations regarding the types of investments that LNW believes to be appropriate for its clients. When providing investment advice, LNW will recommend the purchase of various publicly available funds such as mutual funds and exchange traded funds. LNW may also recommend investments in private securities and/or hiring third party investment managers. LNW may manage individual stocks or bonds in limited circumstances. LNW also created LRHF II Holding Company, LLC (“LRHF”) and RHF III Holding Company, LLC (“RHF”), (together, the “Private Funds”). The Private Funds are investment vehicles used to facilitate access by LNW’s clients to certain private fund offerings. LNW does not charge an advisory fee or a performance-based fee to the Private Funds. As of December 31, 2023, LNW managed $7,037,591,350on a discretionary basis and $239,517,674 on a non- discretionary basis.