Principal Owners ORBA Wealth Advisors, LLC (“ORBA”) is a limited liability company formed in 2018, in the State of Illinois and registered as an adviser in 2018. Our principal owner is Ostrow Reisin Berk & Abrams, Ltd, (“ORBA”), an accounting firm doing business in Chicago since 1977. Firm Description and Types of Advisory Services We are a registered investment adviser offering financial planning and investment advisory services to individuals and other entities including trusts, retirement plans, and not-for-profit entities. These services are described in greater detail below. Types of Advisory Services Financial Planning We offer fee-based financial, estate, tax and retirement planning services. We will gather financial and other relevant information, discuss the client’s goals, needs and desires and develop a plan specific to the particular situation. Our financial planning services may include a comprehensive review of the client’s entire financial situation or be focused on a particular area of need. Planning services are based on each client’s situation at the time and on financial and other information disclosed by the client. Clients are advised that certain financial assumptions about their situation may be made including but not limited to interest and inflation rates, expected rates of return on investments, and individual health and longevity. We will make every attempt to identify potential problem areas and factors that can significantly impact the plan when advising our clients and help them plan accordingly. However, we cannot offer any guarantees or promises that a client’s financial goals or objectives will be achieved, and past performance is in no way an indication of future performance. It is the client’s responsibility to monitor and update their financial plan. We are available for monitoring and update services for an additional fee We will also monitor and provide periodic updates to the plan as part of our Investment Advisory Services (as described below) if hired to perform such services. Implementation of Our planning recommendations is entirely at the client’s discretion. We are available to implement plan recommendations through our Investment Advisory Services program. In addition, clients may need the services of other professionals such as attorneys, insurance professionals and accountants. Investment Advisory Services We assist our clients in determining and implementing an investment strategy appropriate to them. Our services are based on the formal financial planning provided, as discussed above, or through more informal but detailed analysis of the client’s financial situation, goals, objectives and concerns. We will assist clients in developing a strategic asset allocation plan consistent with the client’s time horizon, risk tolerance and targeted rate of return. Based on the criteria noted above, we recommend, purchase and actively monitor the investment portfolio utilizing different investment types and strategies to facilitate reaching the client’s plan objectives. To implement this approach, the Investment Advisor Representative may use mutual funds, exchange traded funds, third party managers, individual securities or other investment vehicles deemed appropriate. Clients may impose restrictions on investing in certain securities or types of securities. We provide regular Portfolio Reviews that include a comparison of actual allocations to the target portfolio allocations, performance analysis and comparison to appropriate benchmarks, and most importantly, discussion with the client about any changes to their overall financial and personal situation, goals and desires. Clients may impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Referrals to Third Party Money Managers We may refer clients to third party money managers for the individual management of client accounts. As part of this process, we assist clients in identifying an appropriate third-party money manager. We perform ongoing reviews of the management of each client account. In order to assist clients in the selection of a third-party money manager, we typically gather information from clients about their financial situation, investment objectives, and reasonable restrictions they can impose on the management of the account, which are often very limited. It is important to note that we do not offer advice on any specific securities or other investments in connection with this service. Investment advice and trading of securities is only offered by or through the third-party money managers to clients. We periodically review third party money managers’ reports provided to the client, but no less often than on an annual basis. We contact clients from time to time in order to review their financial situation and objectives; communicate information to third party money managers as warranted; and assist the client in understanding and evaluating the services provided by the third-party money manager. The client will be expected to notify us of any changes in his/her financial situation, investment objectives, or account restrictions that could affect their account. The client may also directly contact the third-party money manager managing the account or sponsoring the program. Portfolio Management Services through LPL Financial When appropriate we have the ability to provide advisory services through certain programs sponsored by LPL Financial. Below is a brief description of each LPL advisory program available to us. Annualized fees for participation in LPL advisory programs vary up to maximum of 2.5%. For more information regarding the LPL Financial programs, including more information on the advisory services and fees that apply, the types of investments available in the programs and the potential conflicts of interest presented by the programs please see the LPL Financial Form ADV Part 2 or the applicable LPL Financial program’s Wrap Fee Program Brochure and the applicable LPL Financial client agreement. Manager Access Select Program (MAN) MAN provides clients access to the investment advisory services of professional portfolio management firms for the individual management of client accounts. Advisor will assist client in identifying a third-party portfolio manager (Portfolio Manager) from a list of Portfolio Managers made available by LPL Financial. The Portfolio Manager manages client’s assets on a discretionary basis. Advisor will provide initial and ongoing assistance regarding the Portfolio Manager selection process. Optimum Market Portfolios Program (OMP) OMP offers clients the ability to participate in a professionally managed asset allocation program using Optimum Funds shares. Under OMP, client will authorize LPL Financial on a discretionary basis to purchase and sell Optimum Funds pursuant to investment objectives chosen by the client. Advisor will assist the client in determining the suitability of OMP for the client and assist the client in setting an appropriate

investment objective. Advisor will have discretion to select a mutual fund asset allocation portfolio designed by LPL Financial consistent with the client’s investment objective. LPL Financial will have discretion to purchase and sell Optimum Funds pursuant to the portfolio selected for the client. LPL Financial will also have authority to rebalance the account. Model Wealth Portfolios Program (MWP) MWP offers clients a professionally managed mutual fund asset allocation program. [Advisor] will obtain the necessary financial data from the client, assist the client in determining the suitability of the MWP program and assist the client in setting an appropriate investment objective. The Advisor will initiate the steps necessary to open an MWP account and have discretion to select a model portfolio designed by LPL Financials’ Research Department consistent with the client’s stated investment objective. LPL Financials’ Research Department or third-party portfolio strategists are responsible for selecting the mutual funds or ETFs within a model portfolio and for making changes to the mutual funds or ETFs selected. The client will authorize LPL Financial to act on a discretionary basis to purchase and sell mutual funds and ETFs and to liquidate previously purchased securities. The client will also authorize LPL Financial to effect rebalancing for MWP accounts. Advisory Services to Retirement Plans and Plan Participants; Small Market Solution (SMS) Program Under SMS, the LPL Financial Research (a team of investment professionals within LPL Financial) creates and maintains a series of different investment menus (“Investment Menus”) consisting of a mix of different asset classes and investment vehicles (“investment options”) for clients that sponsor and maintain participant-directed defined contribution plans (“Plan Sponsors”). The Plan Sponsor is responsible for selecting the Investment Menu that it believes is appropriate based on the demographics and other characteristics of the Plan and its participants. LPL Financial Research is responsible for the selection and monitoring of the investment options made available through Investment Menus (“Fiduciary Selection Services”). The investment options that are offered through SMS are limited to the specific investments available through the record keeper that the Plan Sponsor selects. The Plan Sponsor may only select an Investment Menu in its entirety and does not have the option to remove or substitute an investment option. If the Plan is subject to ERISA, LPL Financial will be a “fiduciary” and serve as “investment manager” (as that term is defined in section 3(38) of ERISA) in connection with the Fiduciary Selection Services. None of the services offered under SMS other than the Fiduciary Selection Services will constitute “investment advice” under 3(21)(A)(ii) of ERISA, or otherwise cause LPL Financial or the Firm to be deemed a fiduciary. In addition to the Fiduciary Selection Services, Plan Sponsor may also select from a number of non-fiduciary consulting services available under SMS that are provided by the Firm. These consulting services may include, but are not limited to general education, and support regarding the Plan and the investment options selected by Plan Sponsor; assistance regarding the selection of, and ongoing relationship management for, record keepers and other third- party vendors; Plan participant enrollment support; and participant-level education regarding investment in the Plan. These consulting services do not include any individualized investment advice to the Plan Sponsor or Plan participants with respect to Plan assets, and LPL Financial and the Firm do not act as fiduciaries under ERISA in providing such consulting services. Tailored Relationships We tailor investment advisory services to the individual needs of the client. Our clients can impose restrictions on the investments in their account. We may accept any reasonable limitation or restriction to discretionary authority on the account placed by the client. All limitations and restrictions placed on accounts must be presented to us in writing. Sponsor and Manager of Wrap Program We offer the ORBA Wealth Wrap Fee Program (“Program”) as further described in Part 2A, Appendix 1 (the “Wrap Fee Program Brochure”) of our Brochure. Our wrap fee and non-wrap fee accounts are managed on an individualized basis according to the client’s investment objectives, financial goals, risk tolerance, etc. we do not manage wrap fee accounts in a different fashion than non-wrap fee accounts. As further described in our Wrap Fee Program Brochure, we receive a portion of the wrap fee for our services. Fiduciary Statement We are fiduciaries under the Investment Advisers Act of 1940 and when we provide investment advice to you regarding your retirement plan account or individual retirement account, we are also fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act, (“ERISA”) and/or the Internal Revenue Code, (“IRC”), as applicable, which are laws governing retirement accounts. We have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. We must take into consideration each client’s objectives and act in the best interests of the client. We are prohibited from engaging in any activity that is in conflict with the interests of the client. We have the following responsibilities when working with a client:
• To render impartial advice;
• To make appropriate recommendations based on the client’s needs, financial circumstances, and investment objectives;
• To exercise a high degree of care and diligence to ensure that information is presented in an accurate manner and not in a way to mislead;
• To have a reasonable basis, information, and understanding of the facts in order to provide appropriate recommendations and representations;
• Disclose any material conflict of interest in writing; and
• Treat clients fairly and equitably. Regulations prohibit us from:
• Employing any device, scheme, or artifice to defraud a client;
• Making any untrue statement of a material fact to a client or omitting to state a material fact when communicating with a client;
• Engaging in any act, practice, or course of business which operates or would operate as fraud or deceit upon a client; or
• Engaging in any manipulative act or practice with a client. We will act with competence, dignity, integrity, and in an ethical manner, when working with clients. We will use reasonable care and exercise independent professional judgement when conducting investment analysis, making investment recommendations, trading, promoting our services, and engaging in other professional activities. Client Assets As of July 12, 2023, we managed $ 162,451,767 in assets under management; $ 159,572,147 on a discretionary basis and $ 2,879,620 on a non-discretionary basis.