Open Source is a registered investment advisory firm founded in 2017 by Scott Capace and Joseph Zinsel in Covington, Louisiana. Capace and Zinsel have a combined 32 years of experience in the investment management business. Open Source is engaged in asset management advisory services for individuals, trusts, foundations, and corporations on either a discretionary or non-discretionary basis. Open Source generally performs advisory services for each client under the terms of an investment advisory agreement between Open Source and the client “Advisory Contract”. Within a given strategy – and consistent with the strategy’s stated investment objectives, policies and restrictions, Open Source typically exercises exclusive investment discretion regarding the purchase or sale of securities or other investments. Open Source may also agree to manage a client’s account subject to certain reasonable restrictions the client imposes on the inclusion of specific securities, or types of securities, within that account. Item 8 provides additional detail about the various investment strategies Open Source offers. Each client meets with an advisor regarding Open Source’s investment approach and to discuss the client’s investment assets and the client’s investment objectives. The interview includes discussions relative to investment goals, risk and volatility tolerance, investment time horizons, and basic financial data. Client input is carefully considered and a client’s wishes regarding the inclusion or exclusion of certain investment vehicles or asset classes is adopted after discussions regarding their goals and specific portfolios. Open Source may use a variety of financial instruments including individual equities, mutual funds, exchange traded funds (ETFs), index basket securities (Spiders,

Webs, etc.), conservative option strategies, international investments, and fixed income. In certain cases, all or a portion of a client’s advisory services may be obtained from other registered investment advisers. We do not participate in any wrap fee programs. We provide an additional service for accounts not directly held at our primary custodian, but where we do have discretion, and may leverage an Order Management System to implement a rebalancing strategy on behalf of the client. These are primarily 401(k) accounts. These accounts are managed using a system provided to us through Pontera. We regularly review the available investment options in these accounts, monitor them, and rebalance and implement our strategies in the same way we do other accounts, though using different tools as necessary. Although we generally exercises investment discretion for each account that we advise, the portfolio composition within the same investment objective may, at any given time, differ as to composition. As a result, the performance of an account within a particular investment objective may differ from other accounts within that same investment objective. Clients should not expect that the performance of their portfolios will be identical to that of the Open Source average for that investment objective. These differences in portfolio composition are attributable to a variety of factors, including, but not limited to, the type of account (e.g., manner of trade execution), clients’ restrictions and guidelines, sizes and significant account activity (e.g., significant number of contributions and/or withdrawals). Open Sources Assets under management (as of December 31, 2023)
• Discretionary: $104,366,019
• Non-Discretionary: $0
• Total: $104,366,019