Advisory Firm Description Stegent Equity Advisors, Inc. (“SEA” or the “Firm”), a registered investment advisor, has been in business since October 1995. Registration does not require or imply a certain level of skill or training. The principal owner is Loyd J. Stegent, CPA/PFS, CFP®. Types of Advisory Services SEA provides personal financial planning and investment management services to its clients. Each of these services is described in more detail below. SEA is responsible for the investment services provided by Stegent Financial Services, PC personnel. SEA supervises personnel of Stegent Financial Services, PC, a related public accounting firm, as they complete financial plans for SEA clients. Personal Financial Planning and Investment Management Services SEA provides personal financial planning services to a variety of distinct market segments:
• High net worth individuals
• Closely held business owners
• Charitable institutions and private foundations In general, the personal financial planning services include:
• Assistance in defining and quantifying an individual’s financial planning goals and priorities
• The evaluation of an individual’s needs with respect to: o Income tax o Cash flow and retirement planning o Education funding alternatives o Risk management o Compensation planning To this end, SEA prepares financial plans and analyses as well as personal financial statements reflecting net worth, cash flow and income tax projections. SEA will also provide investment management (consulting and advising) services in conjunction with the personal financial planning services described above. These services

include the following:
• Analyzing current portfolio, investment strategy and risk tolerance.
• Educating clients about investment principles and how to relate an investment plan to specific financial goals.
• Assisting in the drafting of an investment plan which would be reviewed and approved by the client.
• Developing asset allocation models to assist in the selection of asset classes that are consistent with the client’s stated objectives, personal risk tolerance and overall financial goals.
• Assisting the client in the selection of securities, mutual funds and/or money managers that are compatible with the client’s objectives, risk tolerance and financial goals. This assistance will be based upon published performance data and analyses by SEA.
• Placing trades in the client’s account enacting the investment plan as outlined.
• Monitoring investment results and performance of a client’s portfolio and/or money manager. SEA will either implement the strategy utilizing the services of an unaffiliated investment manager or through its internal investment management. SEA also publishes and distributes to clients and others a newsletter containing items on general financial planning topics, income tax strategies, and investment awareness and education. Tailored Advisory Services Clients can restrict SEA from purchasing or selling particular securities. Each client can change these restrictions at any time by notifying SEA staff. Client Assets Under Management As of December 31, 2023, the Firm had $181,988,890 of discretionary assets under management and $1,198,800 of non-discretionary assets under management.