Firm Description Ledge Wealth Management, Inc. (“LWM”), doing business as Ledge Wealth, is a registered investment adviser based in Sartell, Minnesota. We are organized as a corporation under the laws of the State of Minnesota. We have been providing investment advisory services since 2012. Kurt S. Durrwachter and Gina K. Bartell are the principal owners of our firm with Sam Ronlund becoming a minority owner in 2019. The following paragraphs describe our services and fees. Please refer to the description of each wealth management service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we", "our" and "us" refer to Ledge Wealth Management, Inc. and the words "you", "your" and "client" refer to you as either a client or prospective client of our firm. Currently, we offer the following wealth management services, which are personalized to each individual client:
• Investment Management Services
• Financial Planning & Consulting Services
• Investment Fiduciary Retirement Plan Consulting Services Investment Management Services LWM offers discretionary and non-discretionary investment management services. Our investment advice is tailored to meet our clients' needs and investment objectives. If you retain our firm for investment management services, we will meet with you to determine your investment objectives, risk tolerance, and other relevant information at the beginning of our advisory relationship. We will use the information we gather to develop a strategy that enables our firm to give you continuous and focused investment advice and/or to make investments on your behalf. Once we construct an investment portfolio for you we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances. If you participate in our discretionary portfolio management services, we require you to grant our firm discretionary authority to manage your account. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm and the appropriate trading authorization forms. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased for your account) by providing our firm with your restrictions and guidelines in writing. If you enter into non-discretionary arrangements with our firm, we must obtain your approval prior to executing any transactions on behalf of your account. Financial Planning & Consulting Services LWM offers financial planning and consulting services that typically involve providing a variety of advisory services to clients regarding the management of their financial resources based upon an analysis of their individual needs. These services can range from broad financial planning

to consultative or single subject planning. If you retain our firm for financial planning services, we will meet with you to gather information about your financial circumstances and objectives. Once we review and analyze the information you provide to our firm, we may deliver a written plan to you designed to help you achieve your stated financial goals and objectives. Financial planning and consulting services are based on the financial information you provide to us. You must promptly notify our firm if your financial situation, goals, objectives, or needs change. You are under no obligation to act on our financial planning recommendations. Should you choose to act on any of our recommendations, you are not obligated to implement the financial plan through any of our other investment advisory services. Investment Fiduciary & Retirement Plan Consulting Services We offer retirement plan investment advisory services to employee benefit plans and their fiduciaries based upon the needs of the plan and the services requested by the plan sponsor or named fiduciary (Client). These services may include, but are not limited to, one or more of the following services: Preparation of Investment Policy Statement Non-Discretionary Plan-Level Investment Advice Non-Discretionary Participant Investment Advice Performance Monitoring Investment Reports Education Services to Plan Committee Participant Education Fee Benchmarking Vendor Search We may also provide additional types of consulting services to plans on an individually negotiated basis. All services, whether discussed above or customized for the plan based upon requirements from the plan fiduciaries (which may include additional plan-level or participant- level services), shall be detailed in a written agreement and be consistent with the parameters set forth in the plan documents. In providing services to the Plan, our status is that of a registered investment adviser. Our firm is not subject to any disqualifications under Section 411 of ERISA. Depending on the negotiated services to be performed under the Retirement Plan Investment Advisory Agreement, and to the extent we are performing fiduciary services, we are acting as a fiduciary of the plan as defined in Section 3(21) under ERISA. Types of Investments We primarily offer advice on mutual funds, exchange traded funds (ETFs), individual stocks and bonds. However, we may advise you on any type of investment that we deem appropriate based on your stated goals and objectives including, other alternative investments. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship, including non-managed assets. Moreover, you may request in writing that we refrain from investing in particular securities or certain types of securities. Client Assets under Management and Advisement As of December 31, 2022, we provide continuous management services for $350,927,270 in client assets, all on a discretionary basis. In addition, LWM has $186,883,228 of assets under advisement as of December 31, 2022.