ShankerValleau Wealth Advisors, Inc. is a SEC-registered investment adviser with its principal place of business located in Skokie, Illinois. ShankerValleau Wealth Advisors, Inc. began conducting business in January 1993. Listed below are the firm's principal shareholders (i.e., those individuals and/or entities controlling 25% or more of this company).
• John D. Valleau, Jr., Principal
• Lawrence H. Shanker, Principal ShankerValleau Wealth Advisors, Inc. (SV) sponsors a wrap fee program. A wrap fee program is an advisory program under which a specified fee or fees not based directly on transactions in the client's account is charged for advisory services, which includes portfolio management and the execution of client transactions. SV sponsors and acts as the sole investment manager to the wrap fee program. SV manages assets for many different types of clients to help meet their financial goals while remaining sensitive to risk tolerance and time horizons. As a fiduciary it is SV's duty to always act in the client's best interest. SV does this by knowing the client, maintaining open lines of communication, and by working with clients to understand their investment objectives, while educating them about SV's process. Please note, for certain non-discretionary employee benefit plans, SV maintains non- wrap fee accounts. As of 12/31/2023, these accounts comprise less than 2% of SV assets under management. INVESTMENT SUPERVISORY SERVICES (“ISS”) INDIVIDUAL PORTFOLIO MANAGEMENT SV provides continuous Wrap Advisory Services advice to each client regarding the investment of client funds based on the individual needs of the client. Through personal discussions with the client, goals and objectives based on a client's particular circumstances are established, including the client's time horizon, and such items as education funding, home purchase, retirement, and legacy planning. We then develop a client's personal investment goals and create and manage a portfolio based on those goals. During our data-gathering process, we determine the client's individual objectives, risk tolerance, liquidity needs and, in some cases, other available resources (including external retirement plans, projected social security, outside investments, real estate, and insurance). Each client's financial objectives, risk tolerance, and liquidity needs, along with a recommended asset allocation, are incorporated into their ongoing investment strategy. As appropriate, we also review and discuss a client's prior investment history, as well as family composition and background. SV's wrap fee program allows clients to pay a single fee for investment advisory services and associated custodial transaction costs. Custodians make other products and services available to SV. {00442365.DOCX}5 SV has an incentive to recommend that a client participate in SV's wrap fee program and open account(s) with the custodian. SV believes that the recommendation to the wrap fee program, including the use of an independent custodian and broker, is in the best interests of those clients to whom SV recommends it. Recommendations are made based on (a) an assessment of client investment objectives, financial situation and all other relevant factors; as well as SV's investment plans and anticipated trading activity, and (b) the scope, quality, and price of the custodian's services. SV manages program accounts on a discretionary basis except for certain employee benefit plans which we

manage on a non-discretionary basis. Account supervision is guided by the client's stated goals as well as tax considerations. Clients may impose reasonable restrictions on investing in certain types of asset classes. SV's investment recommendations will primarily include advice regarding mutual fund shares, exchange traded fund shares, and may also include advice regarding:
• Exchange-listed securities
• Securities traded over-the-counter
• Foreign issuers
• Corporate debt securities (other than commercial paper)
• Certificates of deposit
• Municipal securities
• Variable annuities
• United States governmental securities Because some types of investments involve additional degrees of risk, they will only be implemented when consistent with the client's stated investment objectives, tolerance for risk, liquidity and suitability. FINANCIAL PLANNING We offer financial planning services to our advisory clients. Financial planning is a comprehensive evaluation of a client's current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans. Through the financial planning process, all questions, information and analysis are considered as they impact the entire financial and life situation of the client. This service is included in the advisory fee paid by clients and there are no additional fees associated with this service. In general, the financial plan can address any or all of the following areas:
• PERSONAL: We review family records, budgeting, personal liability, estate information and financial goals.
• TAX & CASH FLOW: We analyze the client's income tax and spending and planning {00442365.DOCX}6 for past, current and future years.
• INVESTMENTS: We analyze investment alternatives and their effect on the client's portfolio.
• INSURANCE: We review existing policies to ensure proper coverage for life, health, disability, long-term care, liability, home and automobile.
• RETIREMENT: We analyze current strategies and investment plans to help the client achieve his or her retirement goals.
• DEATH & DISABILITY: We review the client's cash needs at death, income needs of surviving dependents, estate planning and disability income.
• ESTATE: We assist the client in assessing and developing long-term strategies, including as appropriate, living trusts, wills, review estate tax, powers of attorney, asset protection plans and nursing homes. We gather required information through in-depth personal interviews. Information gathered includes the client's current financial status, tax status, future goals, return objectives and attitudes towards risk. We carefully review documents supplied by the client and prepare a written report. We work with the client to implement our recommendations and we suggest the client work closely with his/her attorney, accountant and insurance agent. Implementation of financial recommendations is entirely at the client's discretion. We also provide general non-securities advice on topics that may include tax and budgetary planning, estate planning and business planning. Financial Planning recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. AMOUNT OF MANAGED ASSETS As of 12/31/2023, we were actively managing over $447 million of clients' assets on a discretionary and non-discretionary basis.