Description of Firm Wealth Architects is a California limited liability company and independent registered investment advisor, registered with the Securities and Exchange Commission. Our Firm provides comprehensive wealth management, wealth planning and wealth consulting services. Our broad range of wealth planning and consulting services can include non- investment related matters. Principal Owners The firm was founded in 2005 by Mark T. Johnsen and Lois Cole. Lois retired in 2012. The Firm is currently majority-owned by the Johnsen Family Living Trust. Wealth Architects is proud to be employee owned, with several employees holding minority stakes in the Firm. ADVISORY SERVICES Wealth Management The wealth management services we provide are tailored to each individual client’s financial circumstances and investment objectives. It is the Firm’s policy, when engaged by a new client, to gather sufficient information about the client to determine the investment advice that the Firm should provide to that client. The Firm’s Chief Operating Officer is responsible for ensuring that a client questionnaire is completed which provides sufficient information obtained from and about the client to allow portfolio managers to determine the investment strategy most suitable for the client. The Firm’s portfolio managers consult with each client to design an individualized investment plan based on a number of factors including the client’s financial condition, investment goals and objectives, risk tolerances, asset class preferences, time horizons, liquidity needs, and other factors as gathered through the completion of a Confidential Family and Background Goals Form and Investment Policy Statement. Our portfolio managers help each of the Firm’s clients identify a strategic asset allocation that is consistent with the client’s investment objectives and other criteria. Clients can identify any investment restrictions to be placed on their account. Wealth management clients enter into a management relationship with the Firm by executing a wealth management agreement and by establishing a custodial investment account with a qualified custodian. A client can make additions to, and withdrawals from, the client’s custodial account at any time. Clients can withdraw account assets with notice to the Firm, subject to the usual and customary securities settlement procedures. However, we design client portfolios as long-term investments and caution our clients that unplanned asset withdrawals can impair the achievement of the client’s investment objectives. Form ADV Part 2A 5 Additions to an account can be in cash or securities however, on an infrequent basis, our portfolio managers can or will decline to accept particular securities into a client’s account or can recommend that the security be liquidated if it is inconsistent with the Firm’s investment strategy or the client’s investment objectives. Clients are advised that when transferred securities are liquidated, they can be subject to transaction fees, fees assessed at the mutual fund level (i.e., contingent deferred sales charge) and/or tax ramifications. WEALTH PLANNING AND WEALTH CONSULTING SERVICES Wealth Architects provides wealth planning services on either an hourly fee or fixed fee basis. Wealth Architects’ wealth planning services can include a financial review and analysis of some or all of the following areas:
• Determining Financial Goals and Objectives
• Asset Allocation Review
• Retirement Plan Analysis
• Employee Stock Option Analysis
• Current Portfolio Review
• Education Funding Analysis
• Cost Audit of Current Investments
• Cash Flow Management Review
• Review of Insurance Needs
• Mortgage and Refinance Evaluation
• Estate Plan Review or Development
• Charitable (or social capital) Planning
• Opinion on Current Investment Strategy/Advisors
• Other Financial or Investment Analysis The Firm’s professionals also accept wealth consulting engagements that are more limited in scope than our wealth planning services to conduct any of the listed reviews or analyses on an hourly fee basis. The Firm relies upon the Investment Policy Statement and Confidential Family and Goals Form, as mentioned above, and financial planning software to analyze client financial condition and retirement needs. In cases where a financial plan is requested by a client, the financial planning software program produces a comprehensive financial plan tailored to the client’s condition and projected retirement needs. The Firm can recommend its own wealth management or wealth planning services or those of other professionals to implement investment recommendations. Clients are advised that a conflict of interest exists if the Firm recommends its own services. The client is under no obligation to act upon any of the recommendations made by Wealth Architects under a wealth planning / consulting engagement and/or to engage the services of any recommended professional, including Wealth Architects itself. Form ADV Part 2A 6 The client retains absolute discretion over all such planning implementation decisions and is free to accept or reject any of the Firm’s recommendations. NON-ADVISORY SERVICES “Your Board of Advisors”—Wealth Architects collaborates with third-party services providers to create solutions suited to a client’s needs. If Wealth Architects recommends the service provider(s), and the client engages the provider(s), then the client will pay the provider(s) directly for the provider(s)’ services. This is in addition to any fees the client pays to Wealth Architects. While Wealth Architects may have pre-existing business relationship with the selected

provider(s), Wealth Architects does not receive any referral fees, percentages of payments by clients to the service provider(s), or any other form of compensation associated with selection of a particular service provider. This service is available to be included as part of Wealth Architects’ Advisory Services, Wealth Planning, and Wealth Consulting services (discussed above) and typically includes Estate Attorneys, Banks/Lenders, Tax Advisors, Insurance Specialists, and Real Estate Professionals. A client of Wealth Architects’ Advisory Services, Wealth Planning, and Wealth Consulting services programs will not pay additional fees to Wealth Architects for using the Board of Advisors. Note, however, that you will pay separate fees to these service providers should you choose to engage with them. FIDUCIARY STATUS UNDER ERISA To the extent any client is a retirement or other employee benefit plan subject to the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), and depending upon the investment management services provided by Wealth Architects, the Firm can be considered a “fiduciary” under ERISA. As an ERISA fiduciary, the Firm is obligated to provide investment advice that is in each client’s best interests. Compliance with Prohibited Transaction Exemption PTE 2020-02 On occasion, Wealth Architects will make a recommendation to a client with regards to assets held in retirement accounts. Recommendations include, but are not limited to, rolling assets out of an employer sponsored plan (e.g., 401k), or to rollover an individual retirement account (“IRA”) for the Firm to manage for a fee. This is deemed a conflict of interest. In December 2020, the DOL adopted an exemption under ERISA (“PTE 2020-02”), which specifically covers three activities prohibited under Section 406(a). These activities are self-dealing, receiving compensation from third parties in connection with any transactions involving an ERISA plan, and principal transaction activity. PTE 2020-02 can be relied upon by, among others, SEC registered investment advisers and their investment professionals that are deemed investment advice fiduciaries, so long as all the exemption’s requirements are met, as applicable. There are five main Form ADV Part 2A 7 components to PTE 2020-02, which are designed to safeguard against conflicts of interest that apply to the prohibited activities covered by the exemption. These include:
• Adhering to specific Impartial Conduct Standards
• Providing specific disclosure to each ERISA Plan client
• Maintaining applicable written policies and procedures
• Performing and documenting a retrospective review
• Having a senior officer make certain written certifications. Wealth Architects is deemed to be an investment advice fiduciary. At all times, the Firm will act in the client’s best interest in making any recommendations related to assets covered by ERISA. Wealth Architects will comply with all applicable rules in order to maintain this exemption. GENERAL NOTICE In performing its services, Wealth Architects relies upon the information received from its client or from their other professional legal, accounting and insurance advisors, and is not required to independently verify such information. Clients must promptly notify us of any change in their financial situation or investment objectives that would necessitate a review or revision by our advisors of the client’s portfolio and/or wealth plan. Advisory Agreements Unless provided in connection with the wealth management services described above, clients engaging Wealth Architects to provide wealth planning or consulting services will generally be required to enter into a separate written agreement with Wealth Architects setting forth the terms and conditions of the engagement and describing the scope of the services to be provided. Wealth planning and consultation clients are not required to be wealth management clients of the Firm. Clients can terminate their relationship with the Firm by written notice to the Firm. The Firm does not assess any fees related to termination but will be entitled to all management fees earned up to the date of termination. Any prepaid fees owed to the client will be refunded on a pro rata basis determined on the amount of time expired in the calendar quarter. In the event the client terminates the Firm’s wealth planning and/or consulting services, the balance of the Firm’s unearned fees (if any) shall be refunded to the client. If termination occurs within five business days of entering into an agreement for such services, the client shall be entitled to a full refund. If a copy of this Form ADV Part 2A disclosure statement was not delivered to the client prior to or simultaneous with a client entering into a written advisory contract with Advisor, then the client has the right to terminate the contract without penalty within five (5) business days after entering into the contract. For purposes of this provision, a contract is considered entered into when all parties to the contract have signed the contract. If the client terminates the contract on this basis, all fees paid by the client will be refunded. Any transaction costs imposed by the executing broker or custodian for establishing the custodial account or for trades occurring during those five days are non-refundable. Form ADV Part 2A 8 Amount of Client Assets Managed As of December 31, 2023, the following represents the amount of client assets under management by Wealth Architects on a discretionary and non-discretionary basis: Type of Account Assets Under Management ("AUM") Discretionary $1,647,094,813 Non-Discretionary $131,197,899 Total: $1,778,292,712