9AT: SEAWAY ADVISORS

SEAWAY ADVISORS

SEAWAY ADVISORS

BRADFORD L. MCADAM

SEAWAY ADVISORS,LTD.

Adviser Profile

As of Date	03/09/2026
Registration	SEC, Approved, 03/17/2015
Other registrations (1)	New York, Terminated, 03/13/2017
ADV Location	FAIRPORT, NY, United States
Contact Info	585 xxxxxxx
Websites

AUM^*	50,842,394 19%
of that, discretionary	50,842,394 19%
Number of Employees	2 -33%
of those in investment advisory functions	2
Private Fund GAV^*	0
Avg Account Size	540,877 15%
% High Net Worth	29.79% -13%
SMA’s	Yes
Private Funds	0

Adviser Type

- Mid-sized advisory firm

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Charitable organizations

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management

Reported AUM

51M 44M 36M 29M 22M 15M 7M

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

Seaway Advisors, Ltd. is a corporation headquartered in Fairport, NY. The Firm was started in June 2009, by co-owners, Terrance B. Mulhern (CEO) and Bradford L. McAdam (CFO). Each of the owners has over 30 years’ experience in investment management. (More information about Mr. Mulhern and Mr. McAdam is provided in the Supplement to this Brochure.) Investment management is our sole service. Seaway Advisors manages client portfolios on a fee only basis and receives no other compensation from wrap programs, brokerage commissions, etc. Client accounts are managed on a discretionary basis. Independent research of investment securities is used to build and manage client portfolios. Securities are purchased as long-term investments based on their potential for capital appreciation or income generation. The firm invests in common stocks, preferred stocks, corporate bonds, CDs, and United States government and agency bonds and municipal bonds. Where appropriate, exchange traded funds (ETFs) are used for diversification or for specific needs. Our investment expertise and advice is limited to the above investments. This

advice is also limited to these as long-term investments not as short-term trading vehicles. We do not invest in futures or other derivatives or private partnerships. Portfolios are managed based on the individual needs, goals, and risk tolerance of our clients. Clients may not all receive the same investments nor receive an investment in the same position size as other clients. Clients can impose restrictions on investments; please refer to the subsequent section on Investment Discretion. While Seaway Advisors does not offer financial planning services nor prepare financial plans, we may upon request provide complimentary reports to analyze the impact of different courses of action in retirement. These reports would analyze the impact of different withdrawal levels, debt reduction, IRA withdrawal taxation, purchase of a second home, etc. on retirement cash flows. There are no separate or additional fees charged for the preparation of these reports. As of December 31, 2023, Seaway Advisors managed discretionary client assets totaling $42.7 million. Item 4: Advisory Business 5 | P a g e

SEAWAY ADVISORS

SEAWAY ADVISORS

BRADFORD L. MCADAM

SEAWAY ADVISORS,LTD.

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Brochure Summary

Overview

Need help?

Send a question to 9AT support.

SEAWAY ADVISORS SEAWAY ADVISORS BRADFORD L. MCADAM SEAWAY ADVISORS,LTD.

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Brochure Summary

Overview

SEAWAY ADVISORS

SEAWAY ADVISORS

BRADFORD L. MCADAM

SEAWAY ADVISORS,LTD.