A. General Description of the Company Advisor Partners II, LLC (“AP”) (CRD# 321633) succeeded to the advisory business of its predecessor Advisor Partners, LLC (CRD#114536) in June 2022 and does business under the name of Advisor Partners. The predecessor’s business was founded in 2001. The advisory services and management of AP will remain the same and will continue the advisory business of the prior adviser in all respects. AP, through Pathstone Intermediate Holdings, LLC is wholly owned by Pathstone Holdings, LLC which is owned by investment vehicles controlled by Kelso & Company (“Kelso”) and by Lovell Minnick Partners, LLC (“LMP”) as well as certain employees and clients of Pathstone both directly and indirectly. See our response to Item 10 for additional information regarding Kelso and LMP ownership. AP provides discretionary investment advisory, sub-advisory and consulting services primarily to clients of registered investment advisers (“RIA”) and financial institutions through two distinct investment programs: Separately Managed Accounts (“SMA”) and Model Portfolio Consulting (“MPC”). AP also provides discretionary investment advisory and financial planning services directly to certain clients. B. Summary of Advisor Partners’ Services AP invests primarily in exchange-traded equity securities, exchange-traded funds (“ETFs”), mutual funds, and American Depository Receipts (“ADRs”). AP may also invest in other types of securities including, but not limited to, fixed income and fixed income ETFs, foreign securities, multi- currency/foreign exchange, ordinaries and real estate investment trusts (“REITs”); collectively, “Other Investments.” The “Methods of Analysis, Investment Strategies and Risk of Loss” item in this brochure contains further information about the investments and strategies employed by AP. Depending on the type of product selected, AP generally tailors its advisory services to the individual needs of clients. For example, SMAs are generally highly customized based upon individual investment goals and objectives mutually agreed upon between AP, the RIA, and the client of the RIA. Clients may impose reasonable restrictions, mutually agreed upon by the client, the RIA and AP, on investing in certain securities or types of securities subject to the limitations further detailed in the “Investment Discretion” item. 2 | P a g e SMA AP provides discretionary investment advice and management in the form of individually-managed accounts within its SMA program. AP constructs customized equity portfolios for clients of RIAs. Clients typically access AP’s SMA services through an RIA where the RIA would select AP as a sub- adviser; or, clients may enter into an investment management agreement directly with AP. Each equity portfolio is tailored to the client’s financial circumstances and preferences. The investments are made primarily in U.S. equity securities and ADRs and may include Other Investments. In instances where AP serves as a discretionary sub-adviser or as a portfolio manager in a wrap fee program, AP is fully disclosed to the client and performs discretionary advisory services under mandate from the client’s financial advisor. When AP acts as a portfolio manager for a wrap fee program, AP receives a portion of

the wrap fee for its services. MPC AP’s MPC services typically involve the construction of model portfolios used by the investment services departments of financial institutions. The models are typically benchmarked to an index incorporating screening criteria mandated by the institution. Models primarily consist of individual equity securities but may include Other Investments. AP may also provide consulting services to investment professionals, particularly registered investment advisers. Overlay Manager As an Overlay Manager, AP is responsible for applying an overlay on a portfolio such as a tax-loss harvesting overlay, Environmental, Social and Governance (“ESG”) overlay, and/or other factor screens as selected by the client or determined by AP to be consistent with the client’s investment objectives. An investment advisor will provide the strategy and objectives of a given portfolio and the Overlay Manager manages the implementation, trading, reconciliation, and reporting. The investment adviser charges its own fees while AP receives a fee for its services as the Overlay Manager. Generally, the investment advisor will debit and collect their fee while AP separately debits and collects the overlay management fee directly from a client’s account. Active Manager Allocation Active Manager Allocation (“AMA”) is a further enhancement of AP’s Overlay Manager product. In AMA, an investment adviser stipulates the targeted asset allocation that AP manages the portfolio to. Part of the asset allocation may include allocations to third-party model managers. The investment adviser, and not AP, contracts with these third-party managers directly. As stipulated within the contract, these third-party managers share their models with AP so they can be properly implemented by AP within the AMA strategy. The investment adviser is ultimately responsible for the due diligence of the third-party managers and verification of these models. AP’s role is only to 3 | P a g e implement the models on behalf of the advisers. The use of these models results in additional fees that are then paid to third-party model managers. These fees are incremental to the fees specified by the fee schedule AP has in place with the investment adviser. While AP may assist in the calculation and debiting of third-party model manager fees, the investment adviser is ultimately responsible for paying fees to third-party managers. Direct Discretionary Advisory and Financial Planning Services AP provides personalized financial planning, asset allocation and discretionary advisory services to clients who enter into an investment management agreement directly with AP. AP’s services are customized according to client investment goals and objectives. AP constructs customized equity and fixed income portfolios typically invested primarily in a custom mix of U.S. and Foreign Equity ETFs and Fixed Income ETFs. C. Amount of Assets Under Management As of December 31, 2023, the firm reported $3,382,642,421 in regulatory assets under management. In addition, AP advises on $39,095,661 in Model Portfolios created by AP that are managed by other financial institutions. These assets are not managed by Advisor Partners and are not included in the regulatory assets under management figure reported herein or on Form ADV Part 1.