Page 4 A. Acorn Wealth Advisors, LLC Acorn Wealth Advisors, LLC (“Acorn Wealth” and/or “the firm”) is a Michigan limited liability company. The firm is owned by Todd Tarantino (100%). The firm has been offering investment advisory services since May 2014. B. Advisory Services Offered Acorn Wealth is an independent asset management and financial planning firm offering a variety of financial services to individuals and high-net-worth individuals, trusts, corporations, partnerships, pension and profit sharing plans, charitable organizations, tax exempt and other legal entities. Acorn Wealth’s services include discretionary and non-discretionary asset management services, financial planning, and recommendation of third-party managers. B.1. Discretionary Asset Management Services For its discretionary asset management services, Acorn Wealth receives a limited power of attorney to effect securities transactions on behalf of its clients that include securities and strategies described in Item 8 of this brochure. Acorn Wealth’s discretionary asset management services are predicated on the client's investment objectives, goals, tolerance for risk, and other personal and financial circumstances. Acorn Wealth will analyze each client's current investments, investment objectives, goals, age, time horizon, financial circumstances, investment experience, investment restrictions and limitations, and risk tolerance and implement a portfolio consistent with such investment objectives, goals, risk tolerance and related financial circumstances Acorn Wealth’s objective is to review the client’s tax, financial, and estate planning objectives and goals in connection with the client’s investment objectives, goals, tolerance for risk, and other personal and financial circumstances and make appropriate recommendations and implementation decisions. Acorn Wealth may engage third-party service providers to assist with the tax and estate planning portion of the services provided to clients. In addition, Acorn Wealth may utilize third-party software to analyze individual security holdings and separate account managers utilized within the client’s portfolio. Acorn Wealth’s investment advisory services to clients take into account a client's personal financial circumstances, investment objectives and tolerance for risk (e.g., cash-flow, tax and estate). Acorn Wealth’s engagement with a client will include, as appropriate, the following:  Providing assistance in reviewing the client's current investment portfolio against the client's personal and financial circumstances as disclosed to Acorn Wealth in response to a questionnaire and/or in discussions with the client and reviewed in meetings with Acorn Wealth.  Analyzing the client's financial circumstances, investment holdings and strategy, and goals. Page 5  Providing assistance in identifying a targeted asset allocation and portfolio design.  Implementing and/or recommending individual equity and fixed income securities, mutual funds and ETFs.  Reporting to the client on a quarterly basis or at some other interval agreed upon with the client, information on contributions and withdrawals in the client's investment portfolio, and the performance of the client's portfolio measured against appropriate benchmarks (including benchmarks selected by the client).  Proposing changes in the client's investment portfolio in consideration of changes in the client's personal circumstances, investment objectives and tolerance for risk, the performance record of any of the client's investments, and/or the performance of any fund retained by the client.  If the client’s portfolio and personal circumstances, investment objectives, and tolerance for risk make such advice appropriate, providing recommendations to hedge a client’s portfolio through the use of derivative strategies, to generate additional income through the use of covered call option writing strategies involving exchange listed or OTC options, and/or to monetize or hedge concentrated stock positions. In addition to providing Acorn Wealth with information regarding their personal financial circumstances,

investment objectives and tolerance for risk, clients have the right to provide the firm with any reasonable investment restrictions that should be imposed on the management of their portfolio, and to promptly notify the firm in writing of any changes in such restrictions or in the client's personal financial circumstances, investment objectives, goals and tolerance for risk. On a quarterly basis, Acorn Wealth’s reports to clients will remind clients of their obligation to inform the firm of any such changes or any restrictions that should be imposed on the management of the client’s account. Acorn Wealth will also contact clients at least annually to determine whether there have been any changes in a client's personal financial circumstances, investment objectives and tolerance for risk. Acorn Wealth may recommend third-party asset managers for appropriately suitable clients. The client must enter into a separate advisory agreement with the third-party asset managers. The client will be required to establish accounts at Schwab and provide trading authorization to the third-party asset manager to effect trades on the client's behalf. Subject to prior written authorization, Acorn Wealth, the third-party asset managers, and the custodian will be responsible for deducting their fees from the client's account. B.2. Financial Planning Services Clients will receive a written or oral report (depending on the client’s preference) providing a basic financial plan designed to help achieve their stated financial goals and objectives. Based on the client’s needs, financial planning services may include (but are not limited to) the following:  Preparation of a recommended asset allocation that serves to diversify the client's portfolio among different categories of investments, such as domestic and international small, medium, and large capitalization securities; corporate and government fixed income (short-, intermediate-, and long-term maturities); emerging market securities (i.e., Page 6 foreign issuers); real estate investment trusts; and such other alternative asset categories that are suitable in light of the client's investment goals, objectives, and risk tolerance.  Preparation of an investment policy statement setting forth the client’s investment plan, with specific direction in terms of diversification requirements, tax issues, estate planning issues, risk tolerance, retirement, and other identified objectives of the client, including a targeted rate-of-return objective.  Preparation of a retirement plan that serves to identify whether the client is saving enough and investing in a way that meets retirement objectives in light of the client's financial circumstances and risk tolerance.  Preparation of cash flow projections to ensure that the client can meet daily living expenses and obligations.  Insurance planning to meet the needs of the client, taking into account family, business, and other financial objectives of the client. Acorn Wealth gathers required information through in-depth personal interviews and questionnaires. Information gathered includes a client's current financial status, investment objectives, future goals, and attitudes toward risk. Related documents supplied by the client are carefully reviewed, and a report is prepared covering one or more of the above-mentioned topics as directed by the client. C. Client-Tailored Services and Client-Imposed Restrictions Each client’s account will be managed on the basis of the client’s financial situation and investment objectives and in accordance with any reasonable restrictions imposed by the client on the management of the account—for example, restricting the type or amount of security to be purchased in the portfolio. D. Wrap Fee Programs Acorn Wealth does not participate in wrap fee programs. (Wrap fee programs offer services for one all-inclusive fee.) E. Client Assets Under Management As of December 31, 2023, Acorn Wealth had $366,192,569 in discretionary assets under management and $11,027,718 in non-discretionary assets under management. Item 5: Fees and Compensation