Item 5 Additional Compensation and Performance-Based Fees ...............................................18 Item 6 Supervision.......................................................................................................................................18 Firm Description Consilium Wealth Advisory, LLC (“Consilium”) was founded in June 2012 and began offering advisory services in October 2012. Clifton Demarest (“Cliff Demarest”) is 100% owner. Consilium provides investment management and wealth advisory services primarily to high net worth and individuals. Advice is provided through consultation with the Client and may include: determination of financial objectives, identification of financial problems, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, philanthropy assistance, estate planning, and family governance. Consilium is a fee based investment management firm. The firm does not sell annuities, insurance, or other commissioned products. Consilium does not act as a custodian of Client assets. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the Client on an as-needed basis. Conflicts of interest will be disclosed to the Client in the event they should occur. Types of Advisory Services ASSET MANAGEMENT Consilium offers discretionary and non-discretionary direct asset management services to advisory Clients. Consilium will offer Clients ongoing portfolio management services through determining individual investment goals, time horizons, objectives, and risk tolerance. Investment strategies, investment selection, asset allocation, portfolio monitoring and the overall investment program will be based on the above factors. Discretionary When the Client provides Consilium discretionary authority the Client will sign a limited trading authorization or equivalent. Consilium will have the authority to execute transactions in the account without seeking Client approval on each transaction. Non-discretionary When the Client elects to use Consilium on a non-discretionary basis, Consilium will determine the securities to be bought or sold and the amount of the securities to be bought or sold. However, Consilium will obtain prior Client approval on each and every transaction before executing any transactions. When deemed appropriate for the Client, Consilium may recommend another investment advisor to manage all or part of the Client assets. In such circumstances, the Client will sign a separate advisory agreement directly with the other investment advisor. CONSILIUM CORE Consilium offers a customized portfolio managed on a discretionary basis to advisory Clients. The Consilium Core is a diversified portfolio of our best equity ideas. It is balanced between value and growth and is diversified across sectors. FINANCIAL CONSULTING SERVICES If financial consulting services are applicable, the Client will compensate Consilium on a fixed fee basis,

depending on the desired service, described in detail under “Fees and Compensation” section of this brochure. Services include but are not limited to a thorough review of all applicable topics including budgeting, financial planning, credit needs, philanthropy, family governance, and investments. If conflict of interest exists between the interests of the investment advisor and the interests of the Client, the Client is under no obligation to act upon the investment advisor’s recommendation. If the Client elects to act on any of the recommendations, the Client is under no obligation to effect the transaction through Consilium. Services are provided for on an annual basis with the fees renegotiated annually. SEMINARS AND WORKSHOPS Consilium holds seminars and workshops to educate the public on different types of investments and the different services they offer. The seminars are educational in nature and no specific investment or tax advice is given. Consilium does not charge a fee for these services. WRITTEN ACKNOWLEDGEMENT OF FIDUCIARY STATUS 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 and/or the Internal Revenue 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. SELECTION OF OTHER ADVISERS We may direct clients to third party investment advisers. Before selecting other advisers for clients, we will verify that all recommended advisers are properly licensed, notice filed, or exempt in the states where we are recommending the adviser to clients. Client Tailored Services and Client Imposed Restrictions The goals and objectives for each Client are documented in our Client files. Investment strategies are created that reflect the stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without written Client consent. Wrap Fee Programs Consilium does not participate in wrap fee programs. Client Assets under Management As of December 31, 2022, Consilium had approximately $ 222,094,845.00 in Client assets under management on a discretionary basis and $0 on a non-discretionary basis.