Our Firm is a SEC-registered investment adviser with its principal place of business located in Pennsylvania. The Firm began conducting business in 2010. There is only one principal shareholder owning more than 25% of our Firm. The shareholder is:  Scott David Renninger, President Our Firm offers investment advisory services to you. As used in this brochure, the words “we,” “our” and “us” refer to Independence Asset Advisors, LLC, and the words “you”, “your” and “client” refer to you as either a client or prospective client of our Firm. INVESTMENT ADVISORY AND PORTFOLIO MANAGEMENT SERVICES Our Firm provides continuous outsourced chief investment officer services, investment advisory services, and portfolio management services to institutional clients and to individual clients deemed to be Qualified Purchasers as defined in the Investment Company Act of 1940. An individual who is a Qualified Purchaser owns no less than $5,000,000 in investments. There are other situations in which a person or entity could be considered a Qualified Purchaser. A more detailed list of customer types we work with can be found in Item 7 of this brochure. We manage advisory accounts and provide portfolio management services on a discretionary basis. This allows us to authorize the purchase and sale of various investments in keeping with your investment direction without your prior approval. This discretion allows us to determine the securities to be purchased or sold and the amount of the securities to be purchased or sold. In addition, we have the authority, unless specifically restricted in our agreement with you, to select the fund managers or separate account managers which will be used to manage a portion of your assets. We may also terminate managers as necessary. You may revoke this discretionary authority at any time. Generally, when we select a separate account manager to manage a portion of your assets, you will enter into a separate written investment management agreement with that separate account manager which will detail the nature of your relationship and the responsibilities of each party. At the onset of any such relationship with a separate account manager they should provide you with a copy of their most current Form ADV Part 2A. In all cases our Firm will provide continuous advisory services to you and will continue to provide ongoing monitoring of your investments and review of your account performance. We will continue to monitor and adjust as necessary your asset allocation within established and previously agreed upon ranges as changes in your portfolio or the market may dictate, and we will evaluate and continue to recommend changes to your fund managers and separate account managers which may, in our opinion, be necessary. We will monitor your account based on your stated objectives. These objectives may include, but are not limited to items such as:  Preservation of Capital & Income  Growth and Income  Capital Appreciation  Total Return and Tax Considerations We will develop your investment policy/direction through personal discussions with you in which your individual or firm’s goals and objectives are established. We then manage your portfolio based on the investment policy/direction developed with you. We may from time to time, recommend changes to your investment policy/direction based on our research and opinions regarding specific investments or the markets in general. You may disagree with our assessments and direct us to leave the investment policy/direction as is or to make broader changes

to the investment policy/direction. Without prior prompting on our part, you may contact us and request changes to your investment policy/direction. As part of our on-going responsibility to you we will request additional information from you and will render our opinion of your requested changes. If we feel that your request is not in your best interests, we will inform you of that fact. If either of us feels that we can no longer provide the level of service you require, the investment management agreement can be terminated with notice as detailed in your individual agreement. As part of our investment advisory and portfolio management services we will create an allocation for your investments managed by us. We will also recommend separate account managers who will manage your assets on a separate account basis. We may also provide investment advice on other investments held at the onset of your advisory relationship with us or on any other investment on which you may request our advice. If you enter into an investment management agreement with our Firm, we will monitor the various investments, fund managers and separate account managers to ensure their performance is in keeping with our expectations and with your investment goals and objectives. When necessary, we may add, trim, or remove a specific investment or fund from your portfolio. We may also add and remove specific separate account managers as may become necessary. You may put reasonable restrictions on how your assets are invested. These restrictions could include, for example, your request that we do not make investments in specific companies, types of securities, industry sectors, or types of alternative investments. Our investment recommendations to you are not limited to any specific product or service. However, our primary focus will generally be on the following types of investments:  Institutional Money Managers and Separate Account Managers  Mutual Funds and Exchange Trade Funds  Hedge Funds  Partnerships in Private Equity  Real Estate Interests  Private Credit Funds To ensure that our initial determination of an appropriate portfolio remains suitable and that the account continues to be managed in a manner consistent with your needs and circumstances, we will:  In addition to our regular communication with you we will at least annually contact you to determine whether there have been any changes in your financial situation or investment objectives, and whether you wish to impose investment restrictions or modify existing restrictions;  Be available to consult with you; and  Maintain client suitability information in your file. Our Firm provides advice to other clients. In the course of providing advice to you and other clients, we may provide or initiate investments for you that differ from what we advise other clients. We are not obligated to recommend to any or all clients any investments that we may recommend, purchase, or sell to other clients. All investments involve some level of risk. Investments will only be implemented or recommended when consistent with your investment objectives, tolerance for risk, liquidity and suitability. Termination of Agreement You may terminate any investment management agreement with us at any time by notifying Independence Asset Advisors in writing in accordance with the terms of your agreement. Assets Under Management As of 12/31/2023, our Firm actively manages approximately $1,701,621,107 of clients' assets on a discretionary basis. We do not manage non-discretionary assets.