IRON Financial, LLC (“IRON”, “we”, “us”) is an SEC-registered investment advisor with its principal place of business located in Illinois. IRON Financial, LLC began conducting business in 1994. Listed below, are the firm's principal owners:
• Howard Lee Nixon
• Aaron Bruce Izenstark We offer the following advisory services to our clients: PORTFOLIO MANAGEMENT IRON Financial, LLC is dedicated to providing high quality strategies in fixed income, equity, and alternative investment marketplaces. Leveraging our expertise in the primary and secondary capital markets, and quantitative and qualitative proprietary processes, IRON strives to deliver strategies and managed solutions that meet the needs and exceed the expectations of sophisticated investors. We provide the following discretionary investment management services: Fixed Income Portfolios: IRON’s fixed income portfolios are designed for strategic allocation to the fixed income asset class on a long-term basis. Our portfolio managers use their experience and expertise in the fixed income capital markets to create strategies and build and manage diversified portfolios that match clients’ goals and objectives, guided by these principles: 1. Eliminate conflicts of interest and provide complete transparency via a fee-only pricing model. 2. Identify the soundest long-term investment opportunities in the marketplace, then construct a portfolio that enables the discerning advisor and long-term investor to capitalize on the opportunities. 3. Focus on principal preservation and avoid adding incremental risk by “chasing” return. IRON Income & Growth Portfolio: The IRON Income & Growth Portfolio offers diverse exposure to income-generating securities across asset classes and geographic boundaries. These include equities, investment grade debt, high yield debt, preferred stock, convertible bonds, REITs (real estate investment trusts), and TIPS (treasury inflation- protected securities). The portfolio’s primary goals are to generate income and growth. The secondary goal is protection of principal. IRON Incertus Portfolio: The IRON Incertus Portfolio offers an actively managed diversified asset-class exposure to global equities, bonds, commodities, and inflation-protected securities. The strategy’s objective is

to outperform a moderate target risk index, while delivering lower drawdown. IRON runs two variants of the strategy; to comprise the equity allocation, one variant utilizes individual stock positions while the other utilizes exchange traded funds (ETFs). IRON High-Quality Equity Portfolio: The IRON High-Quality Equity Portfolio (“High-Q”) is a large capitalization, actively managed, minimum variance equity strategy that seeks to generate capital growth with minimum volatility in every market environment. It strives to maintain a broadly diversified, optimally weighted exposure to mid and large market-cap stocks, with the potential for capital growth. This is pursued by identifying high quality firms with improving operating and long-term earnings potential characteristics. The overall goal of the strategy is to generate S&P 500 Index like returns, but with lower volatility and greater consistency in both up and down markets. IRON S&P 500 Equity Plus Strategy: The IRON S&P 500 Equity Plus strategy is designed to maximize distribution income and total return on the investor’s exposure to the S&P 500 index by opportunistically writing and actively managing options. The strategy’s objective is to provide superior risk-adjusted total returns relative to the CBOE S&P 500 BuyWrite Index (BXM). IRON Core Plus Portfolios: IRON designs these portfolios to fit the needs of individual investors across a wide spectrum of circumstances and investment profiles. Each portfolio is structured to meet both the selection criteria of our investment team and the risk tolerance of individual investors (conservative, aggressive, or somewhere in between). We have determined an array of investment styles and investor profiles, and we continuously select the investments and allocations that align with a range of circumstances and risk tolerances. The client selects the portfolio that best suits their needs and preferences. IRON’s Core Plus Portfolios are designed using equity exposure, fixed income exposure, or various combinations of both. AMOUNT OF MANAGED ASSETS As of December 31, 2022, IRON had the following amount of assets under management: Assets Under Management Number of Clients Discretionary $412,755,308 284 Non-Discretionary $0 0 Managed Assets Total $412,755,308 284