Our firm is dedicated to providing individuals and other types of clients with a wide array of investment advisory services. Our firm is a limited liability company formed under the laws of the State of Missouri in 2007. Our firm is owned by Michael J. Sluhan, CFP® (1/3) and Brian A. Redders (1/3) and Chad M. Hemphill (1/3). Brian and Mike’s friendship began in the fall of 1994 when they pledged the same fraternity at Northeast Missouri State University (now Truman State). The fraternity house had a red door, which simply meant that you were always welcome. Brian and Mike became acquainted with Chad in 2002 while all were affiliated with Sagemark Consulting. This longstanding friendship and mutual respect for business acumen is what allowed the merger in 2018 to become a reality. The name Panoptic Wealth Advocates speaks to our mission statement and is a combination of the words “Generation” and “Next.”  “Next” challenges each member of our team to continuously strive to stay cutting edge. We believe in doing tomorrow’s planning today. It is our commitment to continue to lead as the industry evolves and remain proactive with all clients so their planning is always up to date.  “Generation” has multiple meanings to our firm. First, we are equipped to consult and understand the needs of any client; within any generation. Age is never a factor at Panoptic Wealth Advocates. We have clients in their 20’s, 30’s, 40’s, 50’s, 60’s, 70’s, 80’s and 90’s. Several clients even have family members over 100 years old! We have experience working with clients at all life stages. Our planning is also multigenerational. Decisions made with one generation impact the current generation as well as multiple generations to come. We often work “upstream” with our clients; incorporating their parents and grandparents planning, as well as “downstream” coordinating the planning of their children and grandchildren. We believe a generational approach to planning is vital to each client. Management Team  Michael J. Sluhan, CFP® Mike began his career in the financial services industry in 1998 after graduating from Northeast Missouri State University (now Truman State) with a Bachelor of Science in Business Finance. Mike also holds the CERTIFIED FINANCIAL PLANNERTM certification and serves on the Algonquin Board of Directors.  Brian A. Redders Brian began his career in the financial services industry in 1998 after graduating from Northeast Missouri State University (now Truman) with a Bachelor of Science in Business Administration. Brian also enjoys volunteering and has been a Board Member for a number of charities.  Chad M. Hemphill Chad began his career in the financial services industry in December 1996 after attending Southeast Missouri State University studying Finance. ADV Part 2A – Firm Brochure Page 5 Panoptic Wealth Advocates Our Process Panoptic Wealth Advocates provides financial planning and fee based investment advisory services for compensation primarily to individual clients and high-net worth individuals based on the goals, objectives, time horizon, and risk tolerance of each client. We have created and fine-tuned a unique wealth planning process — constantly striving to stay ahead of industry “standards” and deliver a better experience for our clients. We are quite proud of our process and dedication to improve it. We look forward to the opportunity to share it with you.  Consultation—We are prudent in selecting the quality of clients with whom we work, only committing to those we believe we can best serve. The purpose of the initial consultation is simply to determine if we are a good fit for each other. We want to get to know you and learn about your goals and aspirations. Likewise, we want to share our integrated wealth planning approach with you and answer your initial questions. Our hope is to arm you with enough information to help you make an informed decision about something as important as your financial partner. The goal of this meeting is simply to determine if we should meet again.  Engagement—We believe transparency is of the utmost importance. Our second meeting will be dedicated to laying out our detailed proposal which explains why we believe it makes sense to add us to your team as well as the specific costs involved. At the end of this meeting, you will have the choice to engage Panoptic Wealth Advocates as your wealth planning partner. We hope to have earned the right for you to feel comfortable making that choice. ADV Part 2A – Firm Brochure Page 6 Panoptic Wealth Advocates  Discovery—The goal of this meeting is to get a more comprehensive picture of your finances. Prior to our discovery meeting, we will collect, organize and analyze all of your important financial and legal documents. A Document Checklist is created so you know what is needed to perform true holistic planning. Collecting information prior to our meeting gives us the opportunity to prepare questions to clarify anything that is unclear in the documents. The Discovery meeting also gives us the opportunity to ask questions so we can better get to know you.  Visualization—What if you could see how your choices today affect your financial future? At the visualization meeting, we will bring your current financial status to life. We will illustrate your written goals and objectives, as we understand them, as well as review preliminary financial models. The goal of this meeting is to ensure we have not missed anything in truly understanding who you are, what you want to accomplish and where you stand on your financial journey. Before we can begin to design your plan, we must confirm we understand all these items.  Focus—The next step is to present our recommendations to you. Once we have collaborated with the rest of your key advisors, we will present you with our observations and recommendations in each planning area. Our goal is to outline complex strategies in a straightforward manner and work with you to prioritize the action items. Depending on the complexity of the situation, we may conduct several focus meetings in order to avoid the risk of “information overload”. Each planning area is too important to rush and we want our clients to have enough information to make the very best decisions for themselves and their loved ones.  Action—We will plan a series of implementation meetings to put your plan in motion. Our promise to you is to do whatever it takes to get the job done. These meetings often involve your other key advisors to wrap up tax, legal and additional planning implementation.  Balance Sheet Excellence—Your life’s work is serious business and it’s worth protecting. We believe you should never be more than a click away from up-to-date balance sheets and proof that everything is set up correctly. Our clients receive a personal and secure website where they can access net worth statements that are updated daily, as well as an online vault where important documents such as contracts, leases, titles and beneficiary designations are safely housed. It’s just one of the ways we provide life-changing clarity for our clients.  Clients for Life—With great responsibility comes great reward. Our goal is to develop mutually beneficial relationships with our client and their families for life. On an annual basis, we will evaluate the need for ongoing planning services. Clients that choose to renew our services will meet with us at minimum three times per year to reevaluate their plan and discuss opportunities for improvement that arise due to changes in life, the economy and tax laws. As your wealth planning partner, we are available to help you at any time. We will consistently strive to provide superior wealth management services for you and your family so you are free to experience life to the fullest. Advisor representatives are restricted to providing services and charging fees based in accordance with the descriptions detailed in this document and the account agreement. However, the exact service and fees charged to a particular client are dependent upon the representative that is working with the client. Advisors are instructed to consider the individual needs of each client when recommending an advisory platform. Investment strategies and recommendations are tailored to the individual needs of each client. ADV Part 2A – Firm Brochure Page 7 Panoptic Wealth Advocates Purpose The purpose of this Brochure is to disclose the conflicts of interest associated with the investment transactions, compensation and any other matters related to investment decisions made by our firm or its representatives. As a fiduciary, it is our duty to always act in the client’s best interest. This is accomplished in part by knowing our client. Our firm has established a service-oriented advisory practice with open lines of communication for many different types of clients to help meet their financial goals while remaining sensitive to risk tolerance and time horizons. Working with clients to understand their investment objectives while educating them about our process, facilitates the kind of working relationship we value. Types of Advisory Services

Offered Asset Management: As part of our Asset Management service, a portfolio is created, consisting of individual stocks, bonds, exchange traded funds (“ETFs”), options, mutual funds and other public and private securities or investments. The client’s individual investment strategy is tailored to their specific needs and may include some or all of the previously mentioned securities. Portfolios will be designed to meet a particular investment goal, determined to be suitable to the client’s circumstances. Once the appropriate portfolio has been determined, portfolios are continuously and regularly monitored, and if necessary, rebalanced based upon the client’s individual needs, stated goals and objectives. Financial Planning: Our firm provides a variety of financial planning services to clients for the management of financial resources based upon an analysis of current situation, goals, and objectives. Financial planning services will typically include, but not limited to, a review of a net-worth statement, cash-flow statement, review of investment accounts (including reviewing asset allocation and providing repositioning recommendations), strategic tax planning, review of retirement accounts and plans as well as review of insurance policies and recommendations for changes. More specifically, financial planning services include the following:  Financial Independence Planning – planning an investment strategy with the objective of providing inflation- adjusted income for life.  Estate Planning – planning that focuses on the most efficient and tax friendly option to pass on an estate to a spouse, other family members or a charity.  Business Succession – planning for the continuation of a business in as smooth a transition as possible with the use of buy-sell agreements, key-man insurance and engaging independent legal counsel as needed.  Investment Planning – planning an investment strategy consistent with particular objectives, time horizons and risk tolerances.  Executive Compensation Planning – planning a well-balanced compensation package to attract and retain critical executives that is considered reasonable to the shareholders, public perception and likely to be approved by the board members. ADV Part 2A – Firm Brochure Page 8 Panoptic Wealth Advocates  Risk Management Planning – planning an asset allocation strategy according to a client’s risk tolerance, time horizon and investment objectives. Financial Independence Planning: Our firm provides financial independence plan services to employer plan sponsors on an ongoing basis. Generally, such consulting services consist of assisting employer plan sponsors in establishing, monitoring and reviewing their company's participant-directed retirement plan. As the needs of the plan sponsor dictate, areas of advising could include: investment options, plan structure and participant education. Financial Independence Planning services typically include:  Establishing an Investment Policy Statement – Our firm will assist in the development of a statement that summarizes the investment goals and objectives along with the broad strategies to be employed to meet the objectives.  Investment Options – Our firm will work with the Plan Sponsor to evaluate existing investment options and make recommendations for appropriate changes.  Asset Allocation and Portfolio Construction – Our firm will develop strategic asset allocation models to aid Participants in developing strategies to meet their investment objectives, time horizon, financial situation and tolerance for risk.  Investment Monitoring – Our firm will monitor the performance of the investments. In providing services for financial independence planning, our firm does not provide any advisory services with respect to the following types of assets: employer securities, real estate (excluding real estate funds and publicly traded REITS), participant loans, non-publicly traded securities or assets, other illiquid investments, or brokerage window programs (collectively, “Excluded Assets”). All financial independence planning services shall be in compliance with the applicable state laws regulating retirement consulting services. This applies to client accounts that are retirement or other employee benefit plans (“Plan”) governed by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). If the client accounts are part of a Plan, and our firm accepts appointment to provide services to such accounts, our firm acknowledges its fiduciary standard within the meaning of Section 3(21) or 3(38) of ERISA as designated by the Financial Independence Plan Agreement with respect to the provision of services described therein. Retirement Plan Rollovers When leaving an employer, you typically have four options regarding your existing retirement plan: (1) leave the assets in the former employer’s plan, if permitted, (2) roll over the assets to the new employer’s plan, if one is available and rollovers are permitted, (3) roll over the assets to an Individual Retirement Account (“IRA”), or (4) take a full withdrawal in cash, which would result in ordinary income tax and a penalty tax if you are under age 59½. If your IAR recommends that you roll over your 401(k) or other qualified plan assets to an IRA, this rollover recommendation presents a conflict of interest in that we and your IAR would receive compensation (or may increase current compensation) when investment advice is provided following your decision to roll over your plan assets. Your IAR will discuss your retirement plan options including retention of your 401(k) or qualified plan assets with your current plan, if allowed. Prior to making a decision you should carefully review the information regarding your rollover options and are under no obligation to rollover retirement plan assets to an account managed by us. ADV Part 2A – Firm Brochure Page 9 Panoptic Wealth Advocates General Disclosure Regarding ERISA and Qualified Accounts If an advisory account is subject to the provisions of ERISA or certain tax deferred treatment under the Internal Revenue Code (collectively, “Qualified Accounts”) we and our IARs who act as a fiduciary by providing investment advice for such Qualified Accounts are generally prohibited from receiving both an advisory fee and any transaction-based compensation unless in compliance with applicable prohibited transaction exemptions under ERISA or the IRC or authorized by the U.S. Department of Labor. You will represent that the Qualified Account and any instructions given by you regarding the Qualified Account are consistent with applicable Plan documents, including any investment policies, guidelines, or restrictions. You will provide us with a copy of all relevant documents and agree that the advisory program you have selected is consistent with those documents. You will notify us, promptly in writing, of any changes to any of the Plan’s investment policies, guidelines, or restrictions, or other Plan documents pertaining to investments by the Plan. If the assets in the Qualified Account constitute only a part of your Plan assets, you shall provide us with documentation of any of the Plan’s investment guidelines or policies that affect the Qualified Account. The compliance of any recommendation or investment your IAR makes for the Qualified Account with any such investment guidelines, policies, or restrictions shall only be determined on the date of the recommendation or purchase. You have the responsibility to give us prompt written notice if any investments made for the Qualified Account are inconsistent with such guidelines, policies, restrictions, or instructions. You understand that the services that we perform shall have no effect on the assets of the Plan that are not in the Qualified Account, and that we shall have no responsibility for such other assets. We are not responsible for Plan administration or for performing any other duties that are not expressly set forth in the advisory agreement. You shall obtain and maintain at your own expense any insurance or bonds you deem necessary to cover yourself and any of your affiliates, officers, directors, employees, and agents in connection with the advisory agreement. Tailoring of Advisory Services Our firm offers individualized investment advice to our Asset Management clients. General investment advice will be offered to our Financial Planning, and Financial Independence Planning clients. Each Asset Management client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may not be possible due to the level of difficulty this would entail in managing the account. Participation in Wrap Fee Programs Our firm does not offer or sponsor a wrap fee program. Regulatory Assets Under Management As of December 31, 2023, our firm manages $605,481,331 of which $505,307,410 is managed on a discretionary basis and $100,173,921 on a non-discretionary basis. ADV Part 2A – Firm Brochure Page 10 Panoptic Wealth Advocates