CV Advisors LLC (“CV Advisors®” or the “Firm”), a Florida limited liability company, is a boutique asset management firm located in Aventura, Florida. CV Advisors has been in business since March 2009 and has been registered with the SEC since August 2012. CV Advisors is principally owned by CV Advisors Group, LLC which is wholly owned by CVA Founders, LLC. CVA Founders, LLC is wholly owned by living trusts for which their trustees are the Firm’s three principals and founding partners, Elliot Dornbusch, Alexandre Mann, and Matthew J. Storm. CV Advisors is an independent multi-family office. Its overall business model is to provide investment advisory services to high-net-worth individuals, families, trusts, estates, foundations, endowments, charitable organizations, corporations, or other qualified entities (“Clients”). CV Advisors also sponsors and manages affiliated private pooled investment vehicles (“Funds”) in which Clients, non-Clients, and eligible Employees invest (collectively, “Investors”). The Funds are exempt from registration under the Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder (the “Investment Company Act”) and limit their Investors to those that are “accredited investors” as defined in the Securities Act of 1933 and “qualified purchasers” or “knowledgeable employees”, each as defined in the Investment Company Act. Investors in the Funds must also meet certain other suitability qualifications prior to making an investment in a Fund. Each Fund is affiliated with a general partner (“General Partner”) with authority to make investment decisions on behalf of the Funds. The General Partners are deemed registered under the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder (the “Advisers Act”), pursuant to CV Advisors’ registration in accordance with SEC guidance. The applicable General Partner retains investment discretion and Investors in the Funds do not participate in the control or management of the Funds. The Firm works with Clients to help them define appropriate investment objectives and to design and implement an investment process that seeks to achieve those objectives. One of CV Advisors’ primary goals is to provide a transparent process designed to maximize its Clients’ understanding of their portfolio strategy and exposure, as well as control over their assets. CV Advisors’ investment advisory services include, but are not limited to, asset allocation analysis, instrument and security selection, performance reporting, and portfolio monitoring. CV Advisors provides advisory services to Clients on both a non-discretionary or discretionary basis, as per each Client’s Advisory Agreement. With respect to non-discretionary Clients, if the Client approves CV Advisors’ trade recommendation, the Firm will arrange or effect the approved transaction at the request and on behalf of the Client. With respect to discretionary Clients, the Firm arranges or effects transactions on behalf of the Client without seeking approval for each transaction (please refer to Item 16, Investment Discretion, for additional information on our investment discretion). Clients typically select the financial institutions which custody their assets, except for the Funds in which a CV Advisor’s affiliate (a General Partner) controls and manages the entity. CV Advisors can recommend particular custodians to Clients, at their request, but the Firm does not receive any compensation from the custodians for such recommendations (please refer to the section on Brokerage Practices for additional information).

CV Advisors assists Clients in establishing investment objectives, return expectations, risk tolerance, measuring time horizons, liquidity needs, and other Client-specific requirements, which are set forth in the Client’s Investment Policy Statement. The Investment Policy Statement also includes specific portfolio management parameters and associated restrictions by instrument type, asset class, sector, and geography, as applicable. Based on the Investment Policy Statement, CV Advisors offers investment advisory services regarding the following instruments, and, on occasion, others not included below:
• Fixed income, including, but not limited to, investment grade bonds, high yield corporate bonds, and sovereign bonds
• Municipal fixed income securities
• Exchange traded funds
• Equity securities: exchange-listed, over the counter, and foreign securities
• Private equity funds and direct private equity
• Alternative investments, including decentralized finance-based products
• Certificates of deposit
• Managed accounts
• Mutual funds
• Options and other derivative products Fixed Income. CV Advisors utilizes a blend of investment grade and high yield corporate bonds, as well as other fixed income instruments, in order to build a fixed income exposure for client portfolios. The Firm has dedicated substantial resources to developing an experienced research team, proprietary analytical tools, and processes to help the Firm perform detailed credit analysis. These resources help CV Advisors to design, implement, and monitor diversified portfolios of fixed income securities appropriate for specific Clients’ Investment Policy Statements. Exchange traded funds (“ETFs”). CV Advisors employs ETFs in portfolio construction, when appropriate, in an effort to achieve cost efficient and more liquid market exposure with respect to equity markets and, at times, other asset classes. The Firm has observed, through statistical analysis, that very few active asset managers outperform their corresponding benchmarks as represented by ETFs. Moreover, mutual funds often charge substantially higher fees than their corresponding ETFs. From time to time, CV Advisors offers non-advisory services to its Clients including, but not limited to, reporting services and the coordination of the following: legal and strategic business planning, wealth transfer planning, estate planning, research on trustee placement, and select administrative services. However, CV Advisors does not provide legal or tax advice. Clients may impose reasonable restrictions on investing in certain securities or types of securities for their account(s) if CV Advisors determines, in its sole discretion, the conditions would not materially impact the performance of a management strategy or prove overly burdensome to the Firm’s account management efforts. As of December 31, 2023, CV Advisors’ Regulatory Assets Under Management (“RAUM”) totaled $9,678,316,282. CV Advisors’ RAUM consisted of $734,651,936 of discretionary managed assets and $8,943,664,346 of non-discretionary managed assets. This total does not include certain assets for which CV Advisors has Client mandates to provide reporting and family office services, such as family operating interests, real assets, or real estate. In addition to regulatory assets under management, CV Advisors had Client mandates to provide consolidated reporting on $4,443,403,740 in assets as of December 31, 2023. In total, CV Advisors advised to or provided reporting on $14,121,720,022 in Client assets as of December 31, 2023.