Foster Victor Wealth Advisors offers a variety of advisory services, which include financial planning, consulting, and investment management services. Prior to Foster Victor Wealth Advisors rendering any of the foregoing advisory services, clients are required to enter into one or more written agreements with Foster Victor Wealth Advisors setting forth the relevant terms and conditions of the advisory relationship (the “Advisory Agreement”). Foster Victor Wealth Advisors was formed in 2016 and is wholly owned by Paul W. Foster, Robert T. Victor and Kylie K. Felker. As of February 13, 2024, Foster Victor Wealth Advisors has $1,690,375,352 of assets under management, $1,604,931,949 of which is managed on a discretionary basis and $85,443,403 of which is managed on a non-discretionary basis. While this brochure generally describes the business of Foster Victor Wealth Advisors, 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 Foster Victor Wealth Advisors’ behalf and is subject to the Firm’s supervision or control. Financial Planning and Consulting Services Foster Victor Wealth Advisors 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
• College Planning
• Investment Consulting
• Insurance Planning
• Retirement Planning
• Trust Planning & Estate Gifting Strategies
• Tax Planning
• Private Investment Evaluations In performing these services, Foster Victor Wealth Advisors 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. Foster Victor Wealth Advisors may recommend clients engage the Firm for additional related services, its Supervised Persons in their individual capacities as insurance agents and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists if clients engage Foster Victor Wealth Advisors 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 Foster Victor Page | 5 © MarketCounsel 2024 Wealth Advisors 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 Foster Victor Wealth Advisors’ recommendations and/or services. Investment Management Services Foster Victor Wealth Advisors manages client investment portfolios on a discretionary basis. Foster Victor Wealth Advisors primarily allocates client assets among various mutual funds, exchange-traded funds (“ETFs”), individual debt securities, and individual equity securities in accordance with their stated investment objectives. The Firm may allocate clients’ investment management assets in model ETF portfolios using the Schwab Intelligent Portfolios program (“the Program”), as described below. Foster Victor Wealth Advisors 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 also provides advice about any type of legacy position or other investment held in client portfolios, but clients should not assume that these assets are being continuously monitored or otherwise advised on by the Firm unless specifically agreed upon. Clients may also engage Foster Victor Wealth Advisors 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). These assets are generally maintained at the underwriting insurance company or the custodian designated by the product’s provider. In these situations, Foster Victor Wealth Advisors directs or recommends the allocation of client assets among the various investment options available with the product. Clients are advised that where the Firm manages employer sponsored retirement plan accounts using Pontera, a third- party service provider, there may be delays in processing transactions relative to transactions for assets maintained at their primary custodian. Foster Victor Wealth Advisors 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. Foster Victor Wealth Advisors 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 Foster Victor Wealth Advisors 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 Foster Victor Wealth 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 management efforts. Page | 6 © MarketCounsel 2024 Use of the Schwab Intelligent Portfolios Program As mentioned above, Foster Victor Wealth Advisors may provide portfolio management services through the Schwab Intelligent Portfolios program, an automated, online investment management platform for use by independent investment advisors and sponsored by Schwab Wealth Investment Advisory, Inc. (“SWIA”), an affiliate of Charles Schwab & Co., Inc (“Schwab”). Through the Program, Foster Victor Wealth Advisors offers clients investment strategies that Foster Victor Wealth Advisors has constructed and manages, each consisting of a portfolio of ETFs. The client's portfolio is held in a brokerage account opened by the client at Schwab. Foster Victor Wealth Advisors are independent of and not owned by, affiliated with, or sponsored, or supervised by SWIA, Schwab, or their affiliates. Foster Victor Wealth Advisors is the client's investment advisor and primary point of contact with respect to the Program, and, as such, Foster Victor Wealth Advisors determines the appropriateness of the Program for clients, chooses suitable investment strategies and portfolios for clients’ investment needs and goals, and manages portfolios on an ongoing basis. The Program is described in the Schwab Wealth Investment Advisory, Inc. Institutional Intelligent Portfolios Disclosure Brochure (“the Program Brochure”), which is delivered to clients by SWIA during the online enrollment process. Foster Victor Wealth Advisors will charge clients fees (as described below in Item 5) for Foster Victor Wealth Advisors’ services in connection with the Program. Clients do not pay brokerage commissions to Schwab as part of the Program. Foster Victor Wealth Advisors does not pay SWIA fees for the Program so long as Foster Victor Wealth Advisors maintains $100 million in client assets in accounts at Schwab that are not enrolled in the Program. If Foster Victor Wealth Advisors does not meet this condition, then Foster Victor Wealth Advisors may pay SWIA an annual fee of 0.10% on the value of clients' assets in the Program. This fee arrangement gives Foster Victor Wealth Advisors an incentive to recommend that clients with accounts that are not enrolled in the Program be maintained with Schwab. Retirement Plan Consulting Services Foster Victor Wealth Advisors provides various consulting services to qualified employee benefit plans and their fiduciaries. This suite of institutional services is designed to assist plan sponsors in structuring, managing and optimizing their corporate retirement plans. Each engagement is individually negotiated and customized, and may include any or all of the following services:
• Plan Design and Strategy
• Plan Review and Evaluation
• Executive Planning & Benefits
• Investment Selection
• Plan Fee and Cost Analysis
• Plan Committee Consultation
• Fiduciary and Compliance
• Participant Education Page | 7 © MarketCounsel 2024 As disclosed in the Advisory Agreement, certain of the foregoing services are provided by Foster Victor Wealth Advisors as a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In accordance with ERISA Section 408(b)(2), each plan sponsor is provided with a written description of Foster Victor Wealth Advisors’ fiduciary status, the specific services to be rendered and all direct and indirect compensation the Firm reasonably expects under the engagement. Services to Real Estate Project Recommended to Clients An affiliate of the Firm, Foster Victor Investments, LLC (“FVI”), provides various consulting services to real estate LLCs that are created to allow investment in a real estate project for the Firm’s clients (the “Real Estate Fund”). The Firm’s services include recommending the investment to clients when it is in their best interest, facilitating paperwork for their investment, providing reporting and investor communication, and helping assist the builder in the build out of the project. Participation as an investor in the Real Estate Fund is restricted to investors that are both “qualified clients” as defined in the Investment Advisers Act of 1940, and “accredited investors” as defined in the Securities Act of 1933. Neither the Firm nor FVI have custody of the assets in the Real Estate Fund. However, because the Firm is compensated for its services to the Real Estate Fund, there is a conflict of interest for the Firm to recommend the Real Estate Fund. The Firm will only recommend the Real Estate Fund where it believes it is in the client's best interest. Investors in the Real Estate Fund should review all of the documents provided, including the Subscription Agreement, Operating Agreement and Alternative Investment Disclosures (the “Fund Documents”) before investing.