Firm Ownership and General Description Modern Capital Advisors, LLC (Formerly Liberty Partners Capital Management, LLC) (hereafter "Modern Capital Advisors," "MCA," "the Company," "we," or "us") was founded in 2004 and changed its name in March 2021. MCA is wholly owned subsidiary of Topsail Acquisitions, LLC (hereafter “Topsail”). Christopher Carrigan is the majority owner and managing member of Topsail. Topsail also owns Liberty Partners Insurance Services, LLC (“LPIS”), a licensed insurance agency. The CCO for MCA is John “Jay” Landsiedel. Advisory Services MCA enables Investment Advisor Representative (“representatives”) to utilize different avenues to provide personalized investment advisory services to their clients. These services include financial planning and asset management services, which includes referral to third party managers. The is a brief description of our primary services. Financial Planning Services We offer individualized financial planning services to help our clients establish and achieve their long-term financial goals after taking into account, among other things, tax situation, risk tolerance, investment experience, investment objectives and liquidity needs. The role of a financial planner is to find ways to help clients understand their overall financial situation and help them set financial objectives. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) may be engaged directly as directed by the client. After evaluating a client’s financial situation, a representative will develop a financial plan that is provided in the form of comprehensive or modular (segmented) financial plans. Comprehensive planning services focus on a client’s overall financial situation. Modular planning services and consultations focus on one or more specific areas of client concern such as retirement planning, estate planning, college planning or asset allocation advice, for example. These issue-specific planning services may not take all important financial issues into consideration like comprehensive financial plan. After a financial plan is developed, our advisor representatives will meet you based on a pre-determined individual frequency (e.g., quarterly or annually) to analyze and evaluate your current financial condition. Our advisors typically assist you with implementing these financial plans through a separate investment advisory agreement, however you may choose to implement the financial plan with another investment advisor or broker-dealer. Asset Management Modern Capital Advisors offers personalized discretionary portfolio and wealth management services providing clients with continuous and ongoing supervision over their accounts. This means a MCA representative will continuously monitor your account and makes trades on a discretionary or non- discretionary basis in that account when necessary. This may include recommendation of investment strategies offered through our third-party money manager platforms (“TAMPs”), individual security recommendation or a combination thereof (which can include traditional index funds, actively managed mutual funds, exchange traded funds, stocks, bonds, and variable products as an example). Use of Third-Party Managers and Solicitation Arrangements As part of our asset management services, MCA enables representatives to utilize the services of third- party money managers available through our TAMPs relationships (e.g. RBC Correspondent Services, Axos Advisor Services among others) to assist clients in managing their investments. Your representative can also assist you with selecting and monitoring unaffiliated third-party money managers offering asset management

and other investment advisory services. Representative are limited to recommending third- party money managers that have had due diligence completed and been approved by MCA. In some instances, your representative is responsible for the initial and ongoing review of your financial situation. They are also responsible for maintaining your current information. Your representative assists you with identifying your risk tolerance and investment objectives. He or she will then recommend money managers geared toward your stated investment objectives and risk tolerance. You will enter into an agreement directly with the third-party money manager. MCA and your representative are available to answer questions you may have regarding your account and act as the communication conduit between you and the third-party money manager. Your representative will review the account(s) with you at least annually to determine if the money manager is continuing to meet your investment objectives. Money managers may take discretionary authority to determine the securities to be purchased and sold for you. MCA and your representative do not have any discretionary trading authority with respect to your account with the money manager(s) and are not responsible for investment selection or trade implementation in your accounts. Depending on the arrangement between MCA and the third-party manage, we may provide you with a copy of their Form ADV and Solicitation Disclosure Statement at the time of recommendation/solicitation and/or you will receive a copy from the third-party manager directly. Retirement Plan Consulting MCA can assist plan fiduciaries to establish investment policies and objectives for a plan and set forth the asset classes and investment categories to be offered under the plan, as well as the criteria and standards for selecting and monitoring the investments. MCA will also prepare periodic reports to assist plan fiduciaries in monitoring the performance and overall fees and expenses against the guidelines set forth in the plan’s investment policy statement. Representatives of MCA will be available to plan participants to for administrative assistance, such as, distribution of plan materials and education of plan investment offerings. Tailored Relationships MCA services are provided based on your specific needs. You are given the ability to impose written restrictions on your accounts, including specific investment restrictions. For this reason, it is important that you understand that we (or our representatives) may give advice or take actions for other clients that differ from the advice given to you. MCA offers investment advice, investment management and financial planning or a monthly fee, quarterly fee or hourly fee. In some cases, MCA may be paid cash, or receive some economic benefit (including commissions, equipment or non-research services) from a non-client in connection with giving advice to clients. Assets Under Management As of December 31, 20223, MCA manages approximately $285,401,221. in assets. Approximately $273,699,760. is managed on a discretionary basis and $11,701,461. is managed on a non-discretionary basis. Termination of Agreement A Client may terminate any of the aforementioned agreement at any time by notifying MCA in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If the client made an advance payment, MCA will refund any unearned portion of the advance payment. MCA may terminate any of the aforementioned agreements at any time by notifying the client in writing. If the clients made an advance payment, MCA will refund any unearned portion of the advance payment.