Firm Information The firm was organized as an LLC in 2010 and registered as an investment advisor with the SEC in 2021. Buchanan Wealth Management was built on the foundation of integrity and the strength of relationship. It strives to serve and advise its clients in a manner that is objective. This disclosure brochure provides information regarding the qualifications, business practices and details of the advisory services and the applicable fees. Principal Owner Matthew S. Buchanan, CFP® CEO, Founder and Chief Compliance Officer Matt has been a financial advisor since 2003. He serves as the company’s founder and Chief Executive Officer, and specializes in wealth management and insurance planning. He is a CERTIFIED FINANCIAL PLANNER™ certificant and has his Series 7, Series 31, Series 66 and insurance licenses. He holds a Bachelor of Science in Business Administration from Belhaven University, where he graduated summa cum laude in 2001. Advisory Services Offered Buchanan Wealth Management, LLC provides financial planning and fee-based investment advisory services primarily to individual Clients and high-net worth individuals with a focus on retirement. Services are also available to businesses and financial institutions. Accounts are managed based on the individual goals, objectives, time horizon, and risk tolerance of each Client. Assets are managed on a discretionary basis where the client grants Buchanan Wealth Management ongoing and continuous discretionary authority to execute its investment recommendations without prior approval of each transaction. Investment strategies and recommendations are tailored to the individual needs of each Client but generally consist of an asset allocation consistent with:
• Income with Capital Preservation. Designed as a longer-term accumulation account, this investment objective is considered generally the most conservative. Emphasis is placed on generation of current income with minimal risk of capital loss. Lowering the risk generally means lowering the potential income and overall return.
• Income with Moderate Growth. This investment objective emphasizes generation of current income with a secondary focus on moderate capital growth.
• Growth with Income. This investment objective emphasizes modest capital growth with some focus on generation of current income.
• Growth. This investment objective emphasizes achieving high long-term growth and capital appreciation.
• Aggressive Growth. This investment objective emphasizes aggressive growth and maximum capital appreciation, with no focus on generation of current income. This objective has an extremely high level of risk and is for investors with a longer timer horizon. At no time will Buchanan Wealth Management, LLC accept or maintain custody of a Client’s funds or securities. All Client assets will be managed within their designated brokerage account or pension account, pursuant to the Client investment advisory agreement on a discretionary or non-discretionary basis.
• Investment advice is not limited to certain investment types.
• A minimum total investment amount of $500,000 is generally required.
• Advisory services are tailored to the individual need of each Client. LPL Financial Sponsored Platforms Strategic Wealth Management (SWM I) Strategic Wealth Management is the name of the custodial account offered through LPL to support investment advisory services provided by Buchanan Wealth Management, LLC. Within a SWM account, Investment Advisor Representatives provide advice on the purchase and sale of various types of investments, such as mutual funds, exchange-traded funds (“ETFs”), and equities. The advice is tailored to the individual needs of the Client based on the investment objective chosen by the Client to help assist Clients in attempting to meet their financial goals. Accounts are reviewed on a regular basis and rebalanced as necessary according to each Client’s investment profile. More specific account information and acknowledgements are further detailed in the account opening documents. Investment Advisor Representatives can offer SWM I or SWM II. The accounts offer the same investment choices and are managed in the same manner, but the fee structure is different. For SWM I, Clients are charged transaction fees in addition to the advisory fee whereas for SWM II, the transactions fees are sponsored by Buchanan Wealth Management, LLC. LPL Sponsored Wrap Fee Programs Buchanan Wealth Management, LLC also offers a wrap fee program where LPL serves as the sponsor and portfolio manager. While LPL serves as the wrap fee sponsor and portfolio manager, Buchanan Wealth Management, LLC manages the allocation of funds between the different portfolios and available fund selections. Optimum Market Portfolios Program (OMP) The Optimum Market Portfolios (OMP) program offers clients the ability to participate in a professionally managed asset allocation program designed by LPL Financial. There are up to six Optimum Funds that may be purchased within an OMP account: 1. Optimum Large Cap Growth Fund 2. Optimum Large Cap Value Fund 3. Optimum Small Cap Growth Fund 4. Optimum Small Cap Value Fund 5. Optimum International Fund 6. Optimum Fixed Income Fund Buchanan Wealth Management will obtain the necessary financial data from each client and then select the proper fund portfolio program. While Buchanan Wealth Management selects the proper portfolio program, LPL Financial will manage the underlying Optimum Funds on a discretionary basis consistent with the portfolio program objectives. LPL Financial does not directly manage fund assets on behalf of any particular client. LPL Financial follows an asset allocation investment style in constructing portfolios for the Program. Asset allocation methodology is implemented by combining investments representing various asset classes that react differently to varying market conditions. Thus, if one asset class reacts negatively to certain market events, the potential exists for another asset class to react positively. As with any investment strategy, there is no guarantee that the use of an asset allocation strategy will produce favorable results. Buchanan Wealth Management is responsible for educating the client about this investment style in advance of opening the Account by explaining the various asset classes (e.g., large cap growth, large cap value, etc.) being used within the selected portfolio. This educational process continues throughout the time that the client maintains the account. OMP is one of several portfolio platforms centrally managed by LPL Financial. OMP enables advisors of Buchanan Wealth Management to manage client assets through diversified asset allocation models, professional money management, automatic rebalancing, and online marketing and sales support. A minimum account value of $1,000 is required for OMP. Model Wealth Portfolios Program (MWP) MWP offers Clients a professionally managed mutual fund asset allocation program. Buchanan Wealth Management, LLC 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. Buchanan Wealth Management, LLC will initiate the steps necessary to open an MWP account and have discretion to select a model portfolio designed by LPL’s Research Department consistent with the Client’s stated investment objective. LPL’s Research Department, a third-party portfolio strategist and/or Advisor, through its Investment Advisor Representative, may act as a portfolio strategist 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 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 to effect rebalancing for MWP accounts. MWP requires a minimum asset value for a program account to be managed. The minimums vary depending on the portfolio(s) selected and the account’s allocation amongst portfolios. Buchanan Wealth Management, LLC Wrap Fee Program Strategic Wealth Management – II (SWM II) is a comprehensive, open-architecture, fee-based investment platform created by LPL Financial (LPL) to allow Independent Investment Advisors such as Buchanan Wealth Management to offer Clients customized advice and service. The platform provides a foundation to develop long-term financial goals and provide potential solutions. With this platform, multiple investments can be in a single account with one consolidated statement. Clients may impose restrictions on investing in certain securities. SWM II is offered as a wrap fee program where Buchanan Wealth Management acts as the sponsor and portfolio manager. As the sponsor, Buchanan Wealth Management provides regular and continuous management and advice to clients regarding the allocation of assets. The assets typically consist of mutual funds and ETFs. The cost to manage an account, advisory fees and transaction expenses are “wrapped” into a single fee.
• Please see Appendix 1 –Wrap Fee Program Brochure, which is included as a supplement to this Disclosure Brochure for additional details. Client Account Management Prior to engaging Buchanan Wealth Management, LLC to provide investment advisory services, each Client is required to enter into an investment advisory agreement with that defines the terms, conditions, authority, and responsibilities. Assets Under Management The firm is a newly registered investment adviser. Assets under management will be amended at least annually as of December 31st.
Assets under Management (12/31/2022) Discretionary $98,055,753 Non-Discretionary $10,679,608 Total $108,735,391 Retirement Plan Rollovers An employee generally has four (4) options for their retirement plan when they leave an employer: 1. Leave the money in his/her former employer’s plan, if permitted 2. Rollover the assets to his/her new employer’s plan if one is available and permitted 3. Rollover to an Individual Retirement Account (IRA), or 4. Cash out the account value, which has significant tax considerations Each of these options has advantages and disadvantages and before making a change we encourage you to speak with your CPA and/or tax attorney. If you are considering rolling over your retirement funds to an IRA for us to manage here are a few points to consider before you do so:
• Determine whether the investment options in your employer's retirement plan address your needs or whether you might want to consider other types of investments.
• Employer retirement plans generally have a more limited investment menu than IRAs.
• Employer retirement plans may have unique investment options not available to the public such as employer securities, or previously closed funds.
• Your current plan may have lower fees than our fees. If you elect to roll the assets to an IRA that is subject to our management, we will charge you an asset-based fee as set forth in the agreement you executed with our firm. This practice presents a conflict of interest because Investment Advisor Representatives have an incentive

to recommend a rollover to you for the purpose of generating fee-based compensation rather than solely based on your needs. You are under no obligation, contractually or otherwise, to complete the rollover. Moreover, if you do complete the rollover, you are under no obligation to have the assets in an IRA managed by our firm. Many employers permit former employees to keep their retirement assets in their company plan. Also, current employees can sometimes move assets out of their company plan before they retire or change jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options are available, you should consider the costs and benefits of each. An employee will typically be investing only in mutual funds, you should understand the cost structure of the share classes, available in your employer's retirement plan and how the costs of those share classes compare with those available in an IRA. Clients should understand the various products and services they might take advantage of at an IRA provider and the potential costs of those products and services.
• Our strategy may have higher risk than the option(s) provided to you in your plan.
• Your current plan may also offer financial advice.
• If you keep your assets titled in a 401k or retirement account, participants could potentially delay their required minimum distribution age.
• A 401(k) may offer more liability protection than a rollover IRA; each state may vary.
• Participants may be able to take out a loan on your 401k, but not from an IRA.
• IRA assets can be accessed any time; however, distributions are subject to ordinary income tax and may also be subject to a 10% early distribution penalty unless they qualify for an exception such as disability, higher education expenses or the purchase of a home.
• If company stock is owned in a plan, participants may be able to liquidate those shares at a lower capital gains tax rate.
• Plans may allow Advisor to be hired as the manager and keep the assets titled in the plan name. Generally, federal law protects assets in qualified plans from creditors. Since 2005, IRA assets have been generally protected from creditors in bankruptcies. However, there can be some exceptions to the general rules so you should consult with an attorney if you are concerned about protecting your retirement plan assets from creditors. It is important to understand the differences between these types of accounts and to decide whether a rollover is the best option. Prior to proceeding, if you have questions contact your Investment Adviser Representative, or call our main number as listed on the cover page of this brochure. When Buchanan Wealth Management provides 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. Buchanan Wealth Management also provides educational services to retirement plan participants with assets that could potentially be rolled-over to an IRA advisory account. Education is based on a particular Client’s financial circumstances and best interests. Again, Advisor has an incentive to recommend such a rollover based on the compensation received, which is mitigated by the fiduciary duty to act in a Client’s best interest and acting accordingly. Retirement Plan Consulting to Institutional Retirement Plan Clients Buchanan Wealth Management, LLC provides fee-based retirement plan consulting services for compensation to institutional retirement plan clients. Services include both discretionary and non-discretionary plan-level fiduciary services as well as non-fiduciary, ministerial services to the plan to assist fiduciaries in meeting their obligations under the Employee Retirement Income Security Act (ERISA). Specifically, services include, but are not limited to, the following: Plan-level, Discretionary Fiduciary Services Buchanan Wealth Management, LLC may provide plan-level, discretionary fiduciary services to retirement plan clients. When performing the services with discretion, the plan sponsor will appoint Buchanan Wealth Management, LLC under ERISA Section 3(38) to serve as the investment manager. The plan sponsor will retain the obligation to monitor Buchanan Wealth Management, LLC. The service include:
• Selecting, monitoring, and replacing the plan’s designated investment alternatives with discretion
• Selecting, monitoring, and replacing the plan’s qualified default investment alternative with discretion Plan-level, Non-Discretionary Fiduciary Services Buchanan Wealth Management, LLC may provide plan-level, non-discretionary fiduciary services to retirement plan clients. To the extent a plan is covered by ERISA, Buchanan Wealth Management, LLC will perform the services as a fiduciary under ERISA Section 3(21)(A)(ii). These services include:
• Selecting and monitoring the plan’s designated investment alternatives
• Selecting and monitoring the plan’s qualified default investment alternative Plan-level, Non-fiduciary Services Buchanan Wealth Management, LLC may provide the following services in a ministerial nature to assist the plan sponsor in meeting its fiduciary obligations. These services may include:
• Coordinate and attend committee meetings for the Plan’s fiduciaries, including coordination of agendas
• Coordination of the recordkeeper and custodian, including periodic review and assessment of services and fees
• Assistance with plan governance, including an investment policy statement and education policy statement (optional)
• Periodic assessment of current participant financial wellness program(s)
• Periodic assessment of the service providers cyber security policies and resources
• Assist Sponsor with discussions related to retirement in the overall benefit strategy conversations, ensuring full integration of the retirement plan offering and its benefits Participant-level, Non-fiduciary Services Buchanan Wealth Management, LLC can provide non-fiduciary, educational services to participants in the plan. This includes but is not limited to assistances with on-site participant education or education over the web. Unless otherwise agreed, if the Plan makes available employer stock or other securities; real estate (except for real estate and other publicly traded REITs); individual annuities, life insurance or other individual contracts; stock brokerage accounts or self-directed mutual fund windows, participant loans, non-publicly traded partnership interests or other non-publicly traded securities or property (except for collective trusts); or any other hard to value or illiquid securities or property (collectively, “Excluded Assets”), Buchanan Wealth Management, LLC will not provide investment advice regarding these Excluded Assets and are not responsible for the decision to offer Excluded assets as investment options. From time-to-time Buchanan Wealth Management, LLC can make the Plan or Plan participants aware of and may offer services available from IARs that are separate and apart from the services provided under Retirement Plan Consulting. Such other services may include services to one or more Plan participants. In offering any such services, the IAR is not acting as a fiduciary under ERISA and will act solely within the Department of Labor’s Interpretive Bulletin 96-1 providing education only. If any such separate services are offered to a client, the client will make an independent assessment of such services without reliance on the advice or judgment of the IAR. Financial Planning Services Buchanan Wealth Management, LLC, through its Investment Advisor Representatives, generally provides financial planning as part of a comprehensive asset management engagement. However, financial planning is available separately for a separate fee. The type of planning can vary greatly depending on the scope and complexity of an individual’s financial situation. Examples of the type of planning available include but are not limited to the following: ADV 2A – Firm Disclosure Brochure
• Wealth Planning – Planning an investment strategy to provide inflation-adjusted income for life.
• Tax Planning – Efficient tax planning to maximize gains. Buchanan Wealth Management can consult with a Client’s outside tax professionals during the financial planning process with the goal of helping more of what you earn
• Education Planning – Planning to pay the future college/education expenses of a child or grandchild.
• Insurance / Asset Protection Planning – Planning for the financial needs of survivors to satisfy such financial obligations as housing, dependent child-care and spousal arrangements as well as education.
• Estate Planning / Wealth Transfer – Planning that focuses on the most efficient and tax-friendly option to pass on an estate to a spouse, other family members or a charity.
• Investment Planning – Planning an investment strategy consistent with objectives, time horizons and risk tolerances.
• Small Business Planning – Planning to help ensure business success in such areas as: Retirement Savings Plans Defined Contribution Plans Defined Benefit Plans 401(k) & 403(b) Plans Group Long Term Care Business Tax Strategies Business Succession Planning Executive Compensation Plans Deferred Compensation Plans Stock Ownership Plans Prior to engaging the firm to provide stand-alone planning or consulting services, Clients are required to enter into an Agreement setting forth the terms and conditions of the engagement (including termination), describing the scope of the services to be provided, and the portion of the fee that is due from the Client prior to the firm commencing services. Hourly Consulting Services Buchanan Wealth Management, LLC, through its Investment Adviser Representatives, can provide hourly consulting services instead of a comprehensive financial planning when a narrower scope of services is appropriate. Hourly consulting considers information collected from the client such as financial status, investment objectives and tax status, among other data. The Investment Adviser Representatives may or may not deliver a written analysis or report as part of the services. The engagement terminates upon final consultation with the client.