A. Firm Information Ascent Wealth Partners, LLC (“Ascent” or the “Advisor”) is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). The Advisor is organized as a limited liability company (“LLC”) under the laws of the State of New York. Ascent was founded in September 2011 and is primarily owned by AWP Holdings, LLC (“AWP Holdings”). AWP Holdings is owned by Scott McCartney (Managing Member), Bradley Kowalczyk (Managing Member) and Martin Moshier (Managing Member). This Disclosure Brochure provides information regarding the qualifications, business practices, and the advisory services provided by Ascent. B. Advisory Services Offered Ascent offers investment advisory services to individuals, high net worth individuals, trusts, estates, charitable organizations, businesses and retirement plans (each a “Client”). The Advisor serves as a fiduciary to Clients, as defined under the applicable laws and regulations. As a fiduciary, the Advisor upholds a duty of loyalty, fairness and good faith towards each Client and seeks to mitigate potential conflicts of interest. Ascent’s fiduciary commitment is further described in the Advisor’s Code of Ethics. For more information regarding our Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading. Wealth Management Services Ascent provides Clients with wealth management services, which may also include a broad range of comprehensive financial planning services and discretionary management of investment portfolios. Investment Management Services - Ascent provides customized investment portfolios for its Clients. Ascent works with each Client to identify their investment goals and objectives as well as risk tolerance and financial situation in order to create a portfolio strategy. Ascent ensures that clients’ investments are suitable for their investment needs, goals, objectives and risk tolerance. Ascent will then construct an investment portfolio, consisting of individual debt and equity securities, low-cost mutual funds, and/or exchange-traded funds (“ETFs”) in accordance with the investment objectives of the Client. The Advisor may also provide investment advice regarding unaffiliated private investment funds (“Private Funds”). If a Client decides to become a Private Fund investor, the amount of assets invested in the Private Fund[s] shall be included as part of “assets under management” for purposes of the Advisor calculating its investment advisory fee. The Advisor’s Clients are under no obligation to consider or make an investment in a Private Fund. The Advisor’s only compensation is the advisory fee that it receives from the Client as discussed in Item 5 below. When deemed to be in the Client’s best interest, Ascent will recommend that Clients engage with various third parties with whom the Client will then enter into an agreement with to gain access to Private Funds. The Advisor will assist and advise the Client in establishing investments in Private Funds. Ascent will continue to provide oversight of the Clients Private Funds and ongoing monitoring of the activities performed by the third parties. Please see Item 5 below for additional information. Ascent may also provide advice about other types of investments, as appropriate, to meet the needs of particular Clients. Finally. the Advisor may retain certain legacy investments based on portfolio fit and/or tax considerations. Ascent’s investment approach is primarily long-term focused, but the Advisor may buy, sell or re-allocate positions that have been held for less than one year to meet the objectives of the Client or due to market conditions. Ascent will construct, implement and monitor the portfolio to ensure it meets the goals, objectives, circumstances, and risk tolerance agreed to by the Client. Each Client will have the opportunity to place reasonable restrictions on the types of investments to be held in their respective portfolio, subject to acceptance by the Advisor. Ascent evaluates and selects investments for inclusion in Client portfolios only after applying its internal due diligence process. Ascent may recommend, on occasion, redistributing investment allocations to diversify the http://www.ascentwealthpartners.com Page 5 portfolio. Clients are advised to promptly notify Ascent if there are changes in their financial situation or investment objectives or if they wish to impose any reasonable restrictions upon Ascent’s management services. Clients may impose reasonable restrictions or mandates on the management of their account[s] (e.g., require that a portion of their assets be invested in socially responsible funds) if, in Ascent’s sole discretion, the conditions will not materially impact the performance of a portfolio strategy or prove overly burdensome to its management efforts. At no time will Ascent accept or maintain custody of a Client’s funds or securities, except for the limited authority as outlined in Item 15 – Custody.

All Client assets will be managed within their designated account[s] at the Custodian, pursuant to the terms of the wealth management agreement. Please see Item 12 – Brokerage Practices. Retirement Accounts – When the Advisor provides investment advice to Clients regarding ERISA retirement accounts or individual retirement accounts (“IRAs”), the Advisor is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws governing retirement accounts. When deemed to be in the Client’s best interest, the Advisor will provide investment advice to a Client regarding a distribution from an ERISA retirement account or to roll over the assets to an IRA, or recommend a similar transaction including rollovers from one ERISA sponsored Plan to another, one IRA to another IRA, or from one type of account to another account (e.g. commission-based account to fee-based account). Such a recommendation creates a conflict of interest if the Advisor will earn a new (or increase its current) advisory fee as a result of the transaction. No client is under any obligation to roll over a retirement account to an account managed by the Advisor. Financial Planning Services - As part of the wealth management services, Ascent may provide a variety of financial planning and consulting services, which are offered in several areas of a Client’s financial situation, depending on their goals and objectives. The Advisor’s financial planning services are tailored to the individual needs of the Client, but may include retirement projections, estate planning, and/or education planning. Per 17 CFR Part 276 interpretative releases relating to the Investment Advisers Act of 1940 and general rules and regulations thereunder establishes a fiduciary duty for advisors to make full and fair disclosure to its Clients of all material facts relating to the advisory relationship. As such the Advisor is required to disclose that financial planning recommendations may pose a conflict between the interests of the Advisor and the interests of the Client. Clients are not obligated to implement any recommendations made by the Advisor or maintain an ongoing relationship with the Advisor. If the Client elects to act on any of the recommendations made by the Advisor, the Client is under no obligation to implement the transaction through the Advisor. Retirement Plan Advisory Services Ascent provides retirement plan advisory services on behalf of the retirement plans (each a “Plan”) and the company (the “Plan Sponsor”). The Advisor’s retirement plan advisory services are designed to assist the Plan Sponsor in meeting its fiduciary obligations to the Plan and its Plan Participants. Each engagement is customized to the needs of the Plan and Plan Sponsor. Services generally include:
• Plan Participant Enrollment and Education Tracking
• Investment Policy Statement (“IPS”) Design and Monitoring
• Investment Oversight Services (ERISA 3(21))
• Investment Management Services (ERISA 3(38))
• Performance Reporting
• Ongoing Investment Recommendation and Assistance These services are provided by Ascent serving in the capacity as a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In accordance with ERISA Section 408(b)(2), the Plan Sponsor is provided with a written description of Ascent’s fiduciary status, the specific services to be rendered and all direct and indirect compensation the Advisor reasonably expects under the engagement. http://www.ascentwealthpartners.com Page 6 C. Client Account Management Prior to engaging Ascent to provide investment advisory services, each Client is required to enter into one or more agreements with the Advisor that define the terms, conditions, authority and responsibilities of the Advisor and the Client. These services may include:
• Establishing an Investment Strategy – Ascent, in connection with the Client, will develop an investment strategy that seeks to achieve the Client’s investment goals and objectives.
• Asset Allocation – Ascent will develop a strategic asset allocation that is targeted to meet the investment objectives, time horizon, financial situation and tolerance for risk of each Client.
• Portfolio Construction – Ascent will develop a portfolio for the Client that is intended to meet the stated goals and objectives of the Client.
• Investment Management and Supervision – Ascent will provide investment management and ongoing oversight of the Client’s investment portfolio. D. Wrap Fee Programs Our firm does not offer or sponsor a wrap fee program. E. Assets Under Management As of December 31, 2023, Ascent manages $1,114,192,889 in Client assets, $1,054,227,918 of which are on a discretionary basis and $59,964,971 on a non-discretionary basis. Clients may request more current information at any time by contacting the Advisor.