A. Introduction - General Description Litman Gregory Wealth Management, LLC provides investment management services to a variety of Clients (“Clients”.) See item 7 “Type of Clients”. Services are provided in accordance with LGWM’s investment management agreement and account supervision is guided by the Investment Policy Statement of the Client. As of December 31, 2023, LGWM had assets under management of approximately $2.412 billion on behalf of approximately 558 Clients. LGWM was founded in 1987 and registered with the SEC in 1995. LGWM is wholly owned by iM Square Holding 9 LLC which is beneficially owned by IM Square SAS, a Paris-based investment and development platform dedicated to the asset management business (“iM Square”.) (Please see Form ADV Part 1, Schedule A for complete ownership information.) iM Square also holds equity interests in certain other investment management firms (“iM Square Affiliates”). Further information on iM Square and the iM Square Affiliates is provided in Item 10, “Other Financial Industry Activities and Affiliations” section of this Brochure. LGWM principal executive officers are Jeffrey Seeley, CEO, Jennifer Ceccarelli, COO, and Kathlyne Kiaie, CCO. LGWM has a Governance Committee which is chaired by Jeffrey Seeley. LGWM also has an Investment Committee whose goal is to evaluate the investment and portfolio selections and implementation process used within the LGWM Client portfolios. Please see item 8 - “Methods of Analysis.” Our primary charge is to grow and protect our Clients’ long-term assets, while supporting their ongoing financial goals. We believe that intensive fundamental research and a disciplined process are critical to that investment success. We are focused on creating and managing globally diversified portfolios based on rigorous asset class analysis and demanding due diligence on investment opportunities such as alpha-driven active managers, index funds, select private investments, and on a more limited basis, select single stock securities. Furthermore, no investment strategy would be complete without incorporating each Client’s investment objectives and time horizon as well as their investment values, preferences, and other individual circumstances. We’ve found that considering these factors is critical to the success and staying power of our relationship. B. Types of Advisory Services Offered We provide advisory services to our Clients via a separately managed account, on either a discretionary or nondiscretionary basis. We select an investment strategy (“model portfolio”) for our Clients by determining our Client’s long- term and short-term financial needs and objectives, risk tolerance or risk-aversion, and tax status. The investment strategy selected is based on information provided to us by our Clients, financial records, responses to our questionnaires and personal interviews. Each Client’s investment portfolio is based on a thorough evaluation of the individual goals and objectives of the Client. The firm’s standard model portfolios primarily allocates Client investment assets among mutual funds and/or exchange traded funds (“Funds”), private investment funds, non-traded / non-public REITs, sub- advisors, and Independent Manager(s), and on a more limited basis, individual equity (stocks), debt (bonds) and/or other fixed income securities. The model portfolios underlying Funds may invest in a variety of assets, including, but not limited to, equity and fixed-income securities, options, futures, other derivatives, rights, warrants, private securities, non-U.S. securities, real estate, ETFs, money market instruments and other cash equivalents. We also offer a large cap growth investment strategy (LCG) for clients when it

meets their specific investment and risk criteria. The LCG model portfolio typically holds 20 individual equity positions for the long term. The LCG model may be combined with other asset classes to meet a clients stated investment objective(s) and risk tolerance. The Client's portfolio will be supervised and recommendations will be made to the Client as market factors and the Client's needs dictate. Because the LCG investment strategy involves a certain degree of equity investment risk, including permanent loss of capital, it will only be recommended when consistent with the Client's stated tolerance for risk. Assets in Transition Services (AIT). In certain circumstances and at the request of the Client, we will incorporate non-core assets that Clients transition into the portfolio. In evaluating these assets, our focus is on the overall portfolio and includes two primary considerations:
• Taxes: Determining capital gains tax burden will be the first consideration for non-core assets transitioned for portfolio management and will guide our recommendation regarding these assets.
• Portfolio Diversification: Position size and materiality of the assets relative to the total portfolio will be the second consideration in advising these assets. Issue-specific research does not play a primary role in our advisement of Client transitioned non-core assets. Pending evaluation of taxes and diversification, we typically recommend selling or reducing non-core assets, transitioning them into a separate account for ongoing management by a third- party manager and/or moving to a self-directed status. In certain situations, we recommend independent investment managers (“Independent Managers” or “Third Party SMAs”), whose investment strategies fit within specified asset classes to manage a portion of Clients’ portfolios through separate accounts. We obtain a Client’s written consent before engaging an Independent Manager. C. Availability of Tailored Services for Individual Clients - Investment Policy Statement We work with each Client to develop an Investment Policy Statement (“IPS”) and/or asset allocation plan that establishes the framework for prudent management of their investment portfolio. The IPS describes the asset allocations recommended to help achieve the stated investment objective and outlines the philosophy and approach that govern our portfolio management. Clients may impose restrictions on investing in certain securities or certain types of securities. Third Party Manager Separately Managed Accounts. For Clients that wish to personally customize their holdings to exclude themes, industries or securities they find objectionable or to include themes, industries or securities they wish to support, we offer Separately Managed Account (SMA) options through third-party managers (“Independent Manager”). Third Party SMAs enable Clients to own individual securities directly (versus purchasing a pooled vehicle like a fund or ETF). Because the Client owns securities directly, the Client can influence what is included. We work with the Third- Party manager to help Clients explore the options and tradeoffs as the Client defines the priorities for their Third Party SMA holdings. In addition, our partner has the option of adding proxy voting and shareholder actions in support of ESG practices. Your LGWM advisor can tell you more about our third-party party providers and the costs associated. D. Wrap Fee Programs Not applicable to LGWM. E. Client Assets Under Management As of 12/31/2023, LGWM had approximately $2,411,865 Client assets under management. As of that date, LGWM managed $2,085,927,785 on a discretionary basis, and $325,937,828 on a non- discretionary basis.