A. Ryan Wealth Management, Inc. (“Adviser”) is an investment adviser founded in 2018, registered with the U.S. Securities and Exchange Commission (and notice filed in applicable states), and is owned by Robert Ryan, Justin Burrow, and Kevin Spafford. Mr. Ryan has been engaged in the financial services industry since 1996.
B. Adviser offers the following types of advisory services: i.Investment Management: Adviser provides ongoing non-discretionary and discretionary investment management services to its clients based upon each client’s current financial condition, goals, risk tolerance, income, liquidity requirements, investment time horizon, and other information that is relevant to the management of clients’ account(s). Adviser generally recommends that clients fulfill their investment objectives by allocating their assets across a diversified risk-based portfolio of no-load mutual funds and exchange traded funds (“ETFs”). This portfolio is rebalanced periodically to remain in-line with the client’s agreed-upon asset allocation, though the asset allocation may be changed from time to time based on changes to a client’s specific situation. Adviser typically provides investment advice with respect to limited types of investments, which generally include no-load mutual funds and ETFs.
Adviser also provides investment management services through the “Vision2020 Wealth Management Platform – Advisor Managed Portfolios” through Royal Alliance Associates, Inc. (“Royal”). The Wealth Management Platform – Advisor Managed Portfolios Program (“Advisor Managed Portfolios”) provides comprehensive investment management of client assets through the application of asset allocation planning software as well as the provision of execution, clearing and custodial services through Pershing, LLC (“Pershing”).
Advisor Managed Portfolios provides risk tolerance assessment, efficient frontier plotting, fund profiling and performance data, and portfolio optimization and re-balancing tools.
Utilizing these tools, and based on clients’ responses to a risk tolerance questionnaire (“Questionnaire”) and discussions that Adviser and client have together regarding, among other things, investment objective, risk tolerance, investment time horizon, account restrictions, and overall financial situation, Adviser constructs a portfolio of investments for each client. Adviser has the option to allocate a portfolio amongst a mix of stocks, bonds, options, exchange-traded funds, mutual funds and other securities (“Program Investments”) which are based on each client’s investment goals, objectives, and risk tolerance. Additionally, clients have the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio.
Adviser also provides investment management services through the “Vision2020 Wealth Management Platform – Model Portfolios Program” through Royal. The Wealth Management Platform - Model Portfolios Program (“Model Program”) offers clients managed asset allocation models (“Asset Allocation Models”) of mutual funds, ETFs, or a combination thereof, diversified across various investment styles and strategies. The Asset Allocation Models are constructed by managers (“Program Managers”) such as Russell Investment Management Company and Morningstar Associates, LLC.
Based upon each client’s risk tolerance, the Model Program utilizes a system that selects a specific Asset Allocation Model. After the Asset Allocation Model is chosen, Adviser, with the assistance of the Model Program sponsor, will open a Model Program account.
Each client’s assets will be invested in the specific investments contained within the recommended Asset Allocation Model. Clients have the opportunity to place reasonable restrictions on investments held within the Model Program account.
ii.Financial Planning: For clients that do not wish to engage Adviser for ongoing non-discretionary investment management services, Adviser alternatively offers to provide a one-time financial plan that clients will be responsible for implementing at their discretion. The one-time financial plan will typically include analyses and recommendations with respect to retirement planning, investment consulting, tax mitigation strategies, estate planning, wealth protection, and charitable gifting strategies (among other related

topics). A conflict of interest exists with respect to financial planning services to the extent the financial plan recommends that the client engage Adviser for Investment Management services, or the purchase of a securities or insurance product from the investment adviser representatives of Adviser (as discussed further below).
Financial Planning clients are advised that they are under no obligation to act upon Adviser’s Financial Planning analyses or recommendations, and if a Financial Planning client elects to act on any such analyses or recommendations, he or she is under no obligation to effect the transaction through Adviser or any of its investment adviser representatives.
iii.Recommendation of Other Investment Advisers: For certain clients, Adviser recommends the retention of an independent and unaffiliated third-party investment adviser to provide advisory and administrative services: Buckingham Strategic Partners, LLC (“Buckingham”). Buckingham is a turnkey asset management provider, and is compensated directly by clients for the services it provides, including model portfolio construction, transaction processing, custodial engagement, back-office support, quarterly reporting, fee-debiting, and educational conference hosting. Both Adviser and Buckingham share responsibility for managing and administering client accounts.
iv.Publication of Newsletters & Educational Seminars: From time to time, Adviser will author newsletters and host educational seminars on investment advisory or financial planning topics that may be of interest to prospective and current clients. Adviser does not separately charge for such newsletters or seminars, and addresses topics for general informational purposes only and not to render any specific advice tailored to any particular client.
C. Adviser tailors its advisory services to the individual needs of its clients by taking the time to understand clients’ current financial condition, goals, risk tolerance, income, liquidity requirements, investment time horizon, and other information that is relevant to the management of clients’ account(s). This information will then be used to make investment recommendations that reflect clients’ individual needs and objectives on an initial and ongoing basis. Adviser’s recommendations will allocate portions of clients’ account(s) to various asset classes classified according to historical and projected risks and rates of return. Adviser will review all such recommendations with clients, and, for non-discretionary accounts, clients will have the opportunity to accept or reject any recommendations. Clients are under no obligation to accept or implement any recommendation made by Adviser. Clients may impose restrictions on investing in certain securities or types of securities so long as such restrictions may reasonably be implemented by Adviser.
D. Certain clients of Adviser participate in a Royal wrap fee program through its Vision2020 Wealth Management Platform – Model Portfolios Program. Wrap accounts are managed in the same way as non-wrap accounts. Adviser receives part of the wrap fee charged to such clients.
E. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (the “Code”), as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must: ●Meet a professional standard of care when making investment recommendations (give prudent advice); ●Never put our financial interests ahead of yours when making recommendations (give loyal advice); ●Avoid misleading statements about conflicts of interest, fees, and investments; ●Follow policies and procedures designed to ensure that we give advice that is in your best interest; ●Charge no more than is reasonable for our services; and ●Give you basic information about conflicts of interest.
F. As of December 31, 2023, Adviser manages $3,063,545 in discretionary client assets and $401,100,547 in non-discretionary client assets.