OLA began conducting investment advisory business in May 2014 and is principally owned by Brad D. Jacobson.
OLA offers a variety of advisory services, which include financial planning, investment consulting and investment portfolio management services. Prior to OLA rendering any of the foregoing advisory services, clients are required to enter into one or more written agreements with OLA setting forth the relevant terms and conditions of the advisory relationship (the "Advisory Agreement"). As of December 31, 2023, OLA had $693,878,841 of assets under management, $587,225,139 of which was managed on a discretionary basis and $106,653,702 of which was managed on a non-discretionary basis.
While this brochure generally describes the business of OLA, 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), employees or any other person who provides investment advice on OLA's behalf and is subject to the Firm's supervision or control.
Financial Planning and Consulting Services OLA offers clients a broad range of financial planning and consulting services, which may include any or all of the following functions:
•Business Planning
•Cash Flow Forecasting
•Trust and Estate Planning
•Financial Reporting
•Investment Consulting
•Insurance Planning
•Retirement Planning
•Risk Management
•Charitable Giving
•Distribution Planning
•College Funding
•Manager Due Diligence In performing these services, OLA is not required to verify any information received from the client or from the client's other professionals (e.g., attorneys, accountants, etc.,) and is expressly authorized to rely on such information. OLA may recommend clients engage the Firm for additional related services, its Supervised Persons in their individual capacities as insurance agents or registered representatives of a broker-dealer and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists if clients engage OLA or its affiliates to provide additional services for compensation. Clients retain absolute discretion over all decisions regarding implementation and are under no obligation to act upon any of the recommendations made by OLA under a financial planning or consulting engagement. Clients are advised that it remains their responsibility to promptly notify the Firm of any change in their financial situation or investment objectives for the purpose of reviewing, evaluating or revising OLA's recommendations and/or services.
Investment Management Services OLA manages client investment portfolios on a discretionary basis. Depending upon the strategy, OLA primarily allocates client assets among various debt and equity securities, fixed income securities, and/or exchange-traded funds ("ETFs") in accordance with their stated investment objectives.
Where appropriate, the Firm may also provide advice about any type of legacy position or other investment held in client portfolios. Clients may engage OLA to manage and/or advise on certain investment products that are not maintained at their primary custodian, such as variable life insurance and annuity contracts and assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans). In these situations, OLA directs or recommends the allocation of client assets 4 among the various investment options available with the product. These assets are generally maintained at the underwriting insurance company or the custodian designated by the product's provider.
As part of our portfolio management services, we may use one or more sub-advisers to manage a portion of your account on a discretionary basis. The sub-adviser(s) may use one or more of their model portfolios to manage your account. We will regularly monitor the performance of your accounts managed by sub-adviser(s), and may hire and fire any sub-adviser without your prior approval. We may pay a portion of our advisory fee to the sub-adviser(s) we use; however, you will not pay our firm a higher advisory fee as a result of any sub-advisory relationships.
OLA tailors its advisory services to meet the needs of its individual clients and seeks to ensure, on a continuous basis, that client portfolios are managed in a manner consistent with those needs and objectives. OLA consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time horizon, liquidity constraints and other related factors

relevant to the management of their portfolios. Clients are advised to promptly notify OLA if there are changes in their financial situation or if they wish to place any limitations on the management of their portfolios. Clients may impose reasonable restrictions or mandates on the management of their accounts if OLA 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 management efforts.
OLA utilizes various investment approaches including; Core Equity Strategy, Select Equity, Small/Mid Cap Equity, Small Cap Equity, and Buffered Dividend Income. See the section titled, Methods of Analysis, Investment Strategies and Risk of Loss for more informtion. Wrap Fee Program In order to provide clients with a greater level of fee transparency, the Firm's investment advisory services do not include securities brokerage services as the Firm does not serve as the sponsor or manager to a wrap fee program (i.e., an arrangement where brokerage commissions and transaction costs are absorbed by the Firm).
Private Investment Funds OLA provides investment advise to private funds. OLA collects a fee for advising private funds but does not serve as the general partner nor collect a performance fee. The investment objective, terms and restrictions of each Private Fund Series are set forth in each applicable offering document, along with the associated organizational documents and/or subscription agreements, as the case may be (each and collectively, the "Governing Documents"). Such funds are available for investment only by institutional investors and other sophisticated, high-net-worth investors, who meet the eligibility requirements of the applicable fund set forth in its Governing Documents. Each such fund is exempt from registration as an investment company under the U.S. Investment Company Act, as amended (the "Investment Company Act"), under Section 3(c)(1) or 3(c)(7) thereof.
OLA is an investment manager to one or more private funds within Carapace Fund, LLC a Delaware multi-series LLC. Carapace Financial Advisors, LLC is an affiliate of OLA and Manager to the fund. When OLA acts as Manager to a Carapace Fund, specific information regarding their management fees can be found in the applicable private offering documents. When OLA recommends its clients to invest in the private fund (Carapace Fund, LLC a Delaware multi-series LLC) for which it serves as investment manager, clients who are investors in the private fund are not charged OLA's portion of the private fund's fees. OLA does collect its typical advisory fee for those clients the same as when those clients are invested in other funds not affiliated with OLA.
5 Investments in the Carapace Funds present a conflict of interest as OLA is an affiliate to the general partner Carapace Financial Advisors, LLC.
Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.