A. The Company Compound Advisers is a Delaware corporation that was formed in 2019. The Company began providing advisory services in February 2020. Compound Advisers was originally registered as an investment adviser in the State of California in February 2020. Compound Advisers is a wholly-owned subsidiary of Compound Financial, Inc., a Delaware corporation (“Compound Financial”). The principal owners of Compound Financial, Inc. are Jordan Gonen and Jacob Schein, who serve as Compound Advisers’ Chief Executive Officer and Chief Technology Officer, respectively. B. Advisory Services Compound Advisers offers ongoing financial advisory services based on the individual goals, objectives, time horizon, and risk tolerance of each client (“Advisory Services”). Advisory Services consist of two areas: “Financial Advice & Planning” and “Investment Management.” 1) Financial Advice & Planning – Financial Advice & Planning consists of developing a client’s financial plan regarding asset location, liquidity management, asset allocation, and investment strategy. The allocation is targeted to meet the investment objectives, time horizon, financial situation, and tolerance for risk for each client.
Financial Advice & Planning services are offered in several areas of a client’s financial situation, depending on their goals, objectives and financial situation.
Financial Advice & Planning services can be provided in one or both of the following manners: Planning This type of financial planning will involve preparing a financial plan for clients based on the client’s financial goals and objectives. This planning may encompass one or more areas of need, including, but not limited to, investment planning, personal savings, equity, personal savings, executive compensation, cashflow planning, education savings, retirement planning and other areas of a client’s financial situation. A financial plan developed for the client will usually include general recommendations for a course of activity or specific actions to be taken by the client. For example, recommendations may be made that the client start or revise their cash flow plan, investment or equity compensation programs, education savings and/or charitable giving programs, or their retirement savings programs. Compound Advisers may also refer clients to an accountant, tax advisor, attorney or other specialist or financial services provider, as appropriate for their unique situation. For certain planning engagements, Compound Advisers will provide a written summary of a client's financial situation, observations, and recommendations. Advice Clients can also receive financial advice on a more limited basis. This may include advice on only an isolated area(s) of concern such as equity and other executive compensation, cash flow planning, estate planning, retirement planning, reviewing a client's existing portfolio, or any other specific topic. Compound Advisers also provides specific consultation and administrative services regarding investment and financial concerns of the client. Additionally, Compound Advisers provides guidance on non- securities matters. Generally, this includes coordinating with third-party advisers in the areas of tax, estate planning, insurance and/or annuity advice upon clients’ request. For these more limited engagements, Compound Advisers may not provide a written summary. Recommendations are not limited to any specific product or service offered by a broker-dealer, insurance company or other professional service. Financial Advice & Planning Disclosures Should a client choose to implement the Financial Advice & Planning recommendations made by Compound Advisers, Compound Advisers may recommend its own services or that of other professionals (i.e., attorney, accountant, tax advisor, insurance agent, and/or stockbroker). Accordingly, clients are advised that a conflict of interest exists if Compound Advisers recommends its own services or those of its employees or affiliates. Clients are under no obligation to act upon any of the recommendations made by Compound Advisers or its associated persons under a Financial Advice & Planning engagement and/or engage the services of any such recommended professional, including Compound Advisers or any of its related persons such as Compound Tax LLC (“Compound Tax”). The client retains absolute discretion over all such implementation decisions and is free to accept or reject any of Compound Advisers’ or its associated persons’ recommendations. Compound Advisers shall cooperate with any attorney, accountant, broker or other adviser chosen by the client regarding implementation of any such recommendations. 2) Investment Management – Investment Management consists of implementing a portion of the clients’ liquid assets. The Client may, but is not obliged to, avail of this service in conjunction with the Financial Advice & Planning services. Investment Management services can be categorized as: portfolio construction as well as ongoing management and supervision.
●Portfolio Construction – Compound Advisers will develop a customized portfolio for the client based on the client’s risk profile and investment guidelines and that is intended to address the asset allocation objectives of the client.
●Ongoing Investment Management and Supervision – Compound Advisers will provide Investment Management and ongoing oversight of the client’s portfolio and overall account.
Investment

Management services will be provided on a discretionary or non-discretionary basis. For discretionary Investment Management services, clients will be required to give Compound Advisers authority to manage the client's assets in accordance with what Compound Advisers deems to be in the client's best interest based on the client’s investment objectives and guidelines. Clients will retain individual ownership of all securities in their account. Publication of Periodicals or Newsletters Compound Advisers may publish written content in an online manual, periodic newsletters or other channels of communication providing general information on various financial topics. No specific investment recommendations are provided in these communications and the information presented does not purport to meet the specific objectives or needs of any individual. Educational Seminars and Workshops Compound Advisers may sponsor seminars and/or workshops of an educational and generic nature. A broad range of topics may be addressed in each seminar or workshop, including private company equity, asset allocation, alternative asset investing, retirement planning, estate planning and other investment-related topics. Compound Advisers’ seminars and workshops are educational in nature and do not involve the sale of investment or insurance products. Information presented will not be based on any one person’s needs nor does Compound Advisers make specific recommendations or provide individualized investment advice to attendees. Third Party Professionals Compound Advisers connects clients to other third-party professionals to provide advice and services (“Additional Services”) relevant to their life goals and plans, including, without limitation, tax, accounting, asset management and attorneys (each, a “Provider”). Providers are selected based on Compound’s assessment of their relevant expertise and experience. Other than for Compound Tax, which provides tax services, there is no ownership or other affiliation between Compound and third-party Provider, nor any financial or other incentive that would influence Compound’s selection of these unaffiliated Providers. Generally, each unaffiliated Provider bills clients directly for their services, unless agreed otherwise. With clients’ consent, affiliated and unaffiliated Providers may receive information about clients from Compound Advisers, which may include, as relevant: (1) financial circumstances and goals, (2) investment objectives, guidelines, restrictions and investment activity; and (3) life goals, needs and plans. Depending on the Provider, with clients’ consent, Compound Advisers may receive additional information from that Provider with respect to the specific advice provided to clients. Clients are free to select their own professional advisers, however, there may be limitations on such sharing of information. C. Client Tailored Services and Client Imposed Restrictions Compound Advisers’ Investment Management services are tailored to meet the specific needs of each client. In order to provide appropriately individualized services, Compound Advisers will work with each client to obtain information regarding the client’s financial circumstances, investment objectives, overall financial condition, income and tax status, personal and business assets, risk profile and other information regarding the client’s financial and investment needs. For those clients who elect to receive Investment Management services, Compound Advisers will review with clients their financial circumstances, investment objectives and risk profile at least annually. For Compound Advisers to provide effective Investment Management services, it is critical that clients provide accurate and complete information to Compound Advisers and inform Compound Advisers anytime such information needs to be updated or anytime there is a change in their financial circumstances, investment objectives and/or risk profile. Generally, clients are permitted to impose reasonable restrictions on investing in certain securities or types of securities in their advisory accounts, provided, however, that some restrictions may not be accommodated when utilizing Exchange Traded Funds, mutual funds or with respect to certain third-party investment managers. In addition, a restriction request may not be honored if it is fundamentally inconsistent with Compound Advisers’ investment philosophy, runs counter to the client’s stated investment objectives, or would prevent Compound Advisers from properly servicing client accounts. Whether clients will be able to place reasonable restrictions on the types of investments which will be made on the client's behalf is at the sole discretion of Compound Advisers. D. Wrap Fee Programs Compound Advisers does not currently provide portfolio management services to a wrap fee program(s). Under a wrap fee program, advisory services (which may include portfolio management or advice concerning the selection of other investment advisers) and transaction services (e.g., execution of trades) are provided for one fee. This is different from traditional investment management programs whereby services are provided for a fee, but transaction services are billed separately on a per-transaction basis. E. Assets Under Management As of January 1, 2023, Compound Advisers manages $228,751,287 on a discretionary basis and $88,101,344 on a non-discretionary basis.