9AT: SOPHIS INVESTMENTS LLC

Adviser Profile

As of Date	06/24/2026
Registration	SEC, Approved, 02/19/2019
Other registrations (3)	Connecticut, Terminated, 04/23/2019 District of Columbia, Terminated, 04/12/2019 Nebraska, Terminated, 04/12/2019
ADV Location	NEW YORK, NY, United States
Contact Info	212 xxxxxxx
Websites

AUM^*	129,871,423 -6%
of that, discretionary	88,959,574 -6%
Number of Employees	5
of those in investment advisory functions	5
Private Fund GAV^*	0
Avg Account Size	1,665,018 15%
% High Net Worth	53.66% 5%
SMA’s	Yes
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser PATHFINDER WEALTH ADVISORS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM69.9m	#Funds-
Adviser CANNON BEACH FINANCIAL ADVISORS	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM209.2m	#Funds-
Adviser GORDIAN ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM265.2m	#Funds-
Adviser JACKSON SQUARE CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM564.3m	#Funds-
Adviser SP ASSET MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund14.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV14.3m	AUM1.9b	#Funds1
Adviser DEDICATED CAPITAL ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM162.5m	#Funds-
Adviser 1230 ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM106.2m	#Funds-
Adviser BLACK CORAL FINANCIAL ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM504.4m	#Funds-
Adviser STRATIS CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM507.5m	#Funds-
Adviser RESOURCE FINANCIAL GROUP, LTD.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM637.4m	#Funds-

Brochure Summary

Overview

ADVISORY BUSINESS A. General Description of Advisory Firm. Sophis Investments LLC (CRD #: 170391) is a Delaware limited liability company founded in April 2008. The Adviser conducts certain business under the trade name Rational Investors. Tassos D. Recachinas, as founder, principal owner and managing member of the Adviser, controls the Adviser and is responsible for its day-to-day activities. Vijay S. Malik joined the Adviser as an Investment Adviser Representative on October 31, 2014. Edward I. O’Brien III joined the Adviser as Chairman on September 29, 2017. Walter E. (Skip) Auch, Jr. joined the Adviser as an Investment Adviser Representative on July 9, 2018. George V. Merrill joined the Adviser as an Investment Adviser Representative on January 15, 2021. The Adviser is registered with the Securities & Exchange Commission, and as required, has submitted notice filings with the District of Columbia and the States of California, Connecticut, Nebraska, New Jersey and New York. B. Description of Advisory Services. Sophis Investments provides discretionary portfolio management services to clients. Sophis Investments offers clients a concentrated investment strategy that focuses primarily on investing in a limited number of long equity positions. Sophis Investments employs “bottom-up” analysis and fundamental research to identify investment opportunities for execution of the investment strategy.

Please refer to the Investment Strategies, Methods of Analysis, and Risk of Loss section for a more detailed description of the Adviser’s investment strategy. In addition to Sophis Investments’ principal investment strategies, the firm provides tailored investment advisory services as applicable to clients. C. Availability of Customized Services for Individual Clients. Sophis Investments accepts investor-imposed restrictions or parameters with respect to its separately managed accounts and is willing to tailor the advisory services it provides to each client, in writing typically on an exhibit or schedule attached to the investment management agreement. While the Adviser intends for separately managed accounts advised under the same or similar investment strategy to generally hold, to the extent practicable, similar securities with one another, each account’s net asset value, regulatory, tax and suitability, among other considerations, may contribute to investments and investment performance differing significantly among accounts. D. Wrap Fee Programs. The Adviser does not participate in any wrap fee programs. E. Regulatory Assets Under Management. As of December 31, 2022, the Adviser manages approximately $75,161,353 of client assets on a discretionary basis and $35,161,248 of client assets on a non-discretionary basis. Part 2 of Form ADV 2

SOPHIS INVESTMENTS LLC

SOPHIS INVESTMENTS LLC

RATIONAL INVESTORS

SOPHIS INVESTMENTS

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

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SOPHIS INVESTMENTS LLC SOPHIS INVESTMENTS LLC RATIONAL INVESTORS SOPHIS INVESTMENTS

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

SOPHIS INVESTMENTS LLC

SOPHIS INVESTMENTS LLC

RATIONAL INVESTORS

SOPHIS INVESTMENTS