Our Advisory Business Garnett Advisors, LLC (“Garnett”, “us”, “we”, “our”) is a Registered Investment Adviser (“Adviser”) which offers investment advice regarding securities to clients. The firm was founded in 2016 by William R. Coleman who serves as Founding Member. We provide investment advisory and asset management services to trusts, pension funds, foundations and high-net worth individuals. Advisory Services Garnett can assist you in developing a custom-tailored portfolio designed to meet your unique investment objectives. We will meet with you to discuss your financial circumstances, investment goals and objectives, and to determine your risk tolerance. Based on the information you share with us, we will analyze your situation and recommend an appropriate asset allocation or investment strategy. Should you implement our recommendations, we will monitor and track assets under management, provide portfolio statements and performance updates, and advise on asset allocation on a regular basis. Our recommendations and ongoing management are based upon your investment goals and objectives, risk tolerance, and the investment portfolio you have selected. You are obligated to notify us promptly when your financial situation, goals, objectives, or needs change. The investments in the portfolio account can include stocks, bonds, mutual funds, ETFs, alternative investments, etc. We can also recommend the services of a third-party investment manager (“Manager”). Garnett does not act as a solicitor and is not provided any additional compensation for these recommendations other than the fees as described in Item 5 below. These Managers are recommended based on their ability to fill specific roles towards achieving the client’s overall investment objectives. If the client decides to proceed with the recommendation, the client will enter into a relationship with the recommended Manager. Under these arrangements, the Manager is responsible for portfolio management, best execution, portfolio reporting, trading, trade error resolution, and custodian reconciliations. Garnett will maintain its relationship with the client by monitoring the status of the client’s accounts, make continuing recommendations, and meet with clients either in person or by telephone on an annual basis and act as the client’s primary financial adviser. All questions regarding the Manager’s services and performance will be directed to Garnett. Clients who are referred to Managers will receive full disclosure, including services rendered and fee schedules, at the time of the referral, by delivery of a copy of the relevant Manager's Form ADV Part 2A, Form ADV Part 3 (Form CRS), and

any equivalent disclosure document before receiving investment advisory services from the Manager. You will have the ability to impose reasonable restrictions on the management of your account, including the ability to instruct us not to purchase certain mutual funds, stocks or other securities. These restrictions could be a specific company security, industry sector, asset class, or any other restriction you request. If you decide to implement our recommendations, we will help you open a custodial account(s). The funds in your account will be held in a separate account, in your name, at an independent custodian, and not with us. We can recommend using a particular custodian; however, you can use any custodian you wish. You will enter into a separate custodial agreement with the custodian which authorizes the custodian to take instructions from us regarding all investment decisions for your account. You will be notified of any purchases or sales through trade confirmations and statements that are provided by the custodian. These statements list the total value of the account, itemize all transaction activity, and list the types, amounts, and total value of securities held. You will at all times maintain full and complete ownership rights to all assets held in your account, including the right to withdraw securities or cash, proxy voting and receiving transaction confirmations. We manage assets on a nondiscretionary basis, which means you have not given us the authority to determine the following without your express consent:
• Securities to be bought or sold for your account
• Amount of securities to be bought or sold for your account Trading could be required to meet initial allocation targets, after substantial cash deposits that require investment allocation, and/or after a request for a withdrawal that requires liquidation of a position. Additionally, your account can be rebalanced or reallocated periodically in order to reestablish the targeted percentages of your initial asset allocation. This rebalancing or reallocation will occur on the schedule we have determined together. You will be responsible for any and all tax consequences resulting from any rebalancing or reallocation of the account. We are not tax professionals and do not give tax advice. However, we will work with your tax professionals to assist you with tax planning. We are available during normal business hours either by telephone, email, or in person by appointment to answer your questions. We do not participate in wrap fee programs. Assets Under Management As of December 31, 2023, we manage approximately $229,865,238 in assets on a non-discretionary basis. We do not manage assets on a discretionary basis.