King Wealth Management offers investment management and financial planning services to its clients. Prior to engaging King Wealth Management to provide any of the foregoing advisory services, clients are required to enter into one or more written agreements with King Wealth Management setting forth the terms and conditions of the advisory relationship (collectively the "Agreement").
April 13, 2023 Page 2 / 12 King Wealth Management is a limited liability company formed in the State of Delaware in February, 2012. The Firm has been conducting business as an investment adviser since February 2012. The firm is owned by Lawrence E. King.
As of December 31, 2022, King Wealth Management manages a total of $633,407,661 of which $623,118,078 are discretionary assets and $10,289,583 are non-discretionary assets.
While this brochure describes the business of King Wealth Management, certain sections also discuss the activities of its Supervised Persons, which refer to the Firm's officers, partners, directors (or other persons occupying a similar status or performing similar functions), or employees, or any other person who provides investment advice on King Wealth Management's behalf and is subject to King Wealth Management's supervision or control.
Investment Management Services King Wealth Management generally provides clients with investment management services, which may include a broad range of comprehensive financial planning services as well as the discretionary and/or non-discretionary management of investment portfolios. The Firm's financial planning services are tailored to the individual needs of the client, and may include retirement planning, client education, estate planning, wealth transfer, business planning, insurance and tax planning, and cash flow needs of the client. In limited circumstances, King Wealth Management offers financial planning services on a stand- alone basis.
King Wealth Management primarily allocates clients investment management assets among individual equity and debt securities and exchange-traded funds ("ETFs"). The Firm may also utilize on a more limited basis mutual funds and commodities. In limited circumstances, King Wealth Management allocates clients' investment management assets among Independent Managers (as defined below).
In addition, King Wealth Management may recommend that clients who are "accredited investors" as defined under Rule 501 of the Securities Act of 1933, as amended, invest in private placement securities, which may include debt, equity, and/or pooled investment vehicles when consistent with the clients' investment objectives. The Firm also provides advice about any type of investment held in clients' portfolios.
King Wealth Management also may render non-discretionary investment management services to clients relative to variable life/annuity products that they may own, their individual employer- sponsored retirement plans, and/or 529 plans or other products that may not be held by the client's primary custodian. In so doing, King Wealth Management either directs or recommends the allocation of client assets among the various investment options that are available with the product. Client assets are maintained at the specific insurance company or custodian designated by the product.
Clients may impose reasonable restrictions or mandates on the management of their account (e.g., require that a portion of their assets be invested in socially responsible funds) if, in King Wealth Management's sole discretion,

the conditions will not materially impact the performance of a portfolio strategy or prove overly burdensome to its management efforts.
When King Wealth Management provides financial planning services, the Firm is not required to verify any information received from the client or from the client's other professionals (e.g., attorney, accountant, etc.) and is expressly authorized to rely on such information. King Wealth Management may recommend the services of itself and/or other professionals to implement its recommendations. Clients are under no obligation to act upon any of the recommendations made by King Wealth Management under a financial planning engagement or to engage the services of any such recommended professional, including King Wealth Management itself.
King Wealth Management tailors its advisory services to the individual needs of clients. King Wealth Management consults with clients initially and on an ongoing basis to determine risk tolerance, time horizon and other factors that may impact the clients' investment needs. The Firm ensures that clients' investments are suitable for their investment needs, goals, objectives and risk tolerance.
Clients are advised that it remains their responsibility to promptly notify King Wealth Management if there is ever any change in their financial situation or investment objectives for the purpose of reviewing, evaluating, or revising King Wealth Management's previous recommendations and/or services.
Use of Independent Managers King Wealth Management may recommend in very limited circumstances that certain clients authorize the active discretionary management of a portion of their assets by and/or among certain independent investment managers ("Independent Managers").
The terms and conditions under which the client engages the Independent Managers are set forth in a separate written agreement between King Wealth Management or the client and the designated Independent Managers. In addition to this brochure, clients also receive the written disclosure brochure of the designated Independent Managers engaged to manage their assets.
April 13, 2023 Page 3 / 12 When selecting an Independent Manager for a client, King Wealth Management reviews information about the Independent Manager such as its disclosure brochure and/or material supplied by the Independent Manager or independent third parties for a description of the Independent Manager's investment strategies, past performance and risk results to the extent available. Factors that King Wealth Management considers in selecting an Independent Manager include the client's stated investment objectives, management style, performance, reputation, financial strength, reporting, pricing and research. The investment management fees charged by the designated Independent Managers, together with the fees charged by the corresponding designated broker- dealer/custodian of the client's assets, will be exclusive of, and in addition to, King Wealth Management's investment advisory fee set forth above. The client may incur additional fees than those charged by King Wealth Management, the designated Independent Managers, and the corresponding broker-dealer and custodian.
Certain Independent Managers may impose more restrictive account requirements and varying billing practices than King Wealth Management. In such instances, King Wealth Management may alter its corresponding account requirements and/or billing practices to accommodate those of the Independent Managers.