A. Firm Information Nelson Securities, Inc., also dba Wealth Asset Managers (“NSI” or “Advisor”) is a Registered Investment Advisor ("RIA") with the U.S. Securities and Exchange Commission, which is organized as a corporation and regulated by the State of Washington Department of Financial Institutions. NSI was founded in 1983 as a broker‐dealer (Member FINRA and SIPC), is owned by Robert O. Nelson, Jr. and became an RIA in 1992. This brochure provides information regarding the qualifications, business practices, and the advisory services provided by NSI. Our goal is to help you grow your wealth over time regardless of the market environment. As a firm that also believes in the importance of goal‐based financial planning in connection with investment management, we feel strongly about being able to offer our Clients of all levels of net worth a dynamic investment solution that can help them excel. B. Advisory Services Offered NSI provides investment management services for individuals, high net worth individuals, families, profit‐sharing plans, trusts, estates, and small businesses (each referred to as a "Client"). This is achieved through continuous personal Client contact and interaction while providing discretionary investment management and consulting services. NSI works with each Client to identify their investment goals and objectives as well as their risk tolerance and financial situation in order to choose the appropriate portfolio allocation. The Investment Policy Committee (“IPC”) will meet regularly to review the allocation of each managed account style. The IPC will also review current positions and monitor the prices of the investments, market trends, and trends of the individual investments on a daily basis. During these reviews, a decision to buy, sell or hold current positions is made based on Client’s selected management style, current market evaluations and stated account objectives. The foundation of our investment policy is built on the fundamentals of asset allocation, modern portfolio theory and a long‐term view of the investment process. The goal of each Managed Account Objective, using proprietary research, methods and strategies, is to maximize reward earned versus risk taken. Employing an institutional‐style, multi‐asset class and multi‐manager approach, we seek to push the boundaries of asset allocation using traditional asset classes with the flexibility to include alternative assets. Alternative assets add a modern element to traditional portfolio structure and asset allocation and can provide additional diversification and downside risk protection, particularly in challenging market environments. Typically, NSI’s services are limited to providing professional management of assets for its Clients in accordance with its investment management theories, principles and philosophy. NSI does not provide financial planning services, nor does it provide investment supervisory services, as that term is defined in the Investment Advisers Act of 1940. It does, however, publish a quarterly Investment Newsletter for its Clients. NSI invests exclusively in high quality, high liquidity, low‐expense Exchange Traded Funds (ETFs). ETFs and asset allocation determined as market conditions dictate and in consideration of the Client's investment style selection. ETFs trade on exchanges like stocks for purchase and sale. C. Client Account Management Prior to engaging NSI to provide investment advisory services, each Client is required to enter into an Investment

Advisory Agreement with the Advisor that defines the terms, conditions, authority and responsibilities of both Advisor and Client. The Investment Advisory Agreement with Advisor is non‐transferable. Establishing an Investment Policy Statement – An Investment Policy Statement generally includes specific information on Client’s stated goals, time horizon for achieving the goals, investment strategies, Client risk tolerance and any restrictions imposed by Client. Client completion of the NSI Confidential Investor Profile and Investor Questionnaire identifies Client's financial situation, general investment style, risk tolerance and portfolio objective to determine the suitability of a particular Managed Account Objective. Client's initial interview is performed by an Investment Advisor Representative (“IAR”) prior to establishing an account and there will be no fee for this initial consultation or preliminary investment recommendations. Additional contact may be necessary depending on Client's financial situation and investment experience. Asset Allocation – NSI through the IPC has developed several strategic asset allocation model portfolios that are targeted to meet the investment objectives and risk tolerance for each Client with regard to investment suitability, personal investment style and other submitted data. The IPC periodically and strategically changes, modifies, and rebalances the securities in the model portfolios based on market and other economic conditions. Portfolio holdings, allocation, and rebalancing reviews and implementation are performed by the IPC through its scheduled monthly Investment Policy Committee Meetings Clients may choose to change their investment allocation model or may be recommended to do so by their IAR. However, because frequent trading in ETFs can adversely affect Client performance, NSI must limit the frequency of model changes per account to once in a 90‐day calendar period. Standard withdrawals, contributions and distributions are not included in the policy. Additionally, this policy complies with the 30‐day IRS wash sale rule for buybacks for tax‐loss purposes in taxable accounts, as well as helps protect Clients from emotional short‐term trading decisions and maintain focus on the long‐term, while also maintaining our ability to provide a low‐cost, level‐fee, professional managed investment account. Investment Management and Supervision – If Client requests that their account be managed by NSI, the submitted financial profile and a summary of the initial evaluation must be reviewed by David A. Vose or Jeffery S. Miller to be accepted. NSI will provide investment management and ongoing oversight of Client’s portfolio. Individual accounts will be reviewed regularly for allocation consistency, or more frequently if dictated by trading activity. D. Wrap Fee Program NSI does not manage or actively place Client assets into a wrap fee program. Investment management services are provided directly by NSI. (*Exceptions are SEI/Brinker taxable accounts that were opened due to the closing of Curian Capital, LLC in 2016 to prevent unnecessary tax implications.) E. Assets Under Management As of June 30, 2023, the most recent date for which such calculations are provided pursuant to securities regulations, NSI manages the following assets: Discretionary Assets $200,713,617 Non‐Discretionary Assets $12,421,411 Total $213,135,028 Clients may request more current information at any time by contacting the Advisor.