The Firm offers a variety of advisory services, which include financial planning, consulting, investment management and wealth management services. In dealing with clients, Encompass seeks first to evaluate a client’s current, holistic financial situation prior to managing clients’ investments. The Firm then designs and implements an investment plan aimed at achieving a client’s financial objectives. Prior to the Firm rendering any of the foregoing advisory services, clients are required to enter into one or more written agreements with Encompass setting forth the relevant terms and conditions of the advisory relationship (the “Advisory Agreement”).
The Firm is owned by Matthew Presjak, Colin Williams, Mary Minshall, and Matthew S.
Yarbrough. as of December 31, 2023, Encompass had approximately $350,409,917 in assets under management for approximately 1219 accounts, approximately $315,906,606 of which was managed on a discretionary basis for approximately 741 accounts and approximately $34,503,311 for approximately 478 accounts managed on a non-discretionary basis.
While this Brochure generally describes the business of Encompass, 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 Encompass’ behalf and is subject to the Firm’s supervision or control.
Financial Planning and Consulting Services In performing these services, Encompass 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. Encompass 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 the Firm 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 the Firm 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 Encompass’ recommendations and/or services. Wealth Management Services Encompass generally provides clients with wealth management services which may include financial planning and consulting services, as well as the discretionary and/or non-discretionary management of investment portfolios. Under a wealth management engagement, Encompass primarily allocates client assets among various mutual funds, individual equity and debt securities and independent investment managers (“Independent Managers”) in accordance with their stated investment objectives. On a more limited basis, the Firm may utilize exchange-traded funds (“ETFs”) or other securities to meet a client’s investment needs. In addition, the Firm

may also recommend that certain eligible clients invest in privately placed securities, which may include debt, equity and/or interests in pooled investment vehicles (e.g., hedge funds). Where appropriate, the Firm may also provide advice about any type of legacy position or other investment held in a client’s portfolio. Clients may also engage Encompass 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, the Firm directs or recommends the allocation of client assets 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. The Firm 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. Encompass consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time horizon, liquidity constraints and other factors relevant to the management of their portfolios. Clients are advised to promptly notify Encompass 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 the Firm 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. Use of Independent Managers As mentioned above, Encompass may select certain Independent Managers to actively manage a portion of its clients’ assets. The specific terms and conditions under which a client engages an Independent Manager may be set forth in a separate written agreement with the designated Independent Manager. In addition to this Brochure, clients may also receive the written disclosure documents of the respective Independent Managers engaged to manage their assets. The Firm evaluates a variety of information about Independent Managers, which may include the Independent Managers’ public disclosure documents, materials supplied by the Independent Managers themselves and other third-party analyses it believes are reputable. To the extent possible, the Firm seeks to assess the Independent Managers’ investment strategies, past performance and risk results in relation to its clients’ individual portfolio allocations and risk exposure. Encompass also takes into consideration each Independent Manager’s management style, returns, reputation, financial strength, reporting, pricing and research capabilities, among other factors. On an ongoing basis, Encompass monitors the performance of those accounts being managed by Independent Managers and seeks to ensure their strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests.