Firm Description Shelter Rock Management, LLC hereinafter (“the Adviser”) was founded in 2006. Sean Chaitman is the principal owner and 100% stockholder. The Adviser provides personalized confidential investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and small businesses. The Adviser is a fee-only investment management firm. The firm does not sell securities on a commission basis. The firm is not affiliated with entities that sell financial products or securities. The Adviser does not act as a custodian of client assets. The client always maintains asset control. Any conflicts of interest arising out of the Adviser or its associated persons are disclosed in this brochure. Types of Advisory Services Shelter Rock Management, LLC (“the Adviser”) provides investment advisory services to its clients on a discretionary and non-discretionary basis. As part of the investment advisory service, the Adviser reviews many aspects of the client’s financial affairs including investment time horizon, financial objectives, and risk profile. The Adviser works with clients to set realistic and measurable goals and to define objectives to reach those goals. As goals and objectives change over time, the Adviser will make recommendations and implement an action plan on an ongoing basis. The Adviser periodically reviews a client’s financial situation and portfolio through regular contact with the client. The advisory services include, among other things, providing advice regarding asset allocation and the selection and monitoring of investments including mutual funds, indices, fixed income, and individual equities. A client's relationship may include a blend of services listed below and is guided by the stated objectives of the client. Strategic Income The Strategic Income Strategy is a fixed-income managed account strategy that is primarily invested in a diversified portfolio of short to intermediate-term bonds. The strategy may also contain a minority weighting in multi-strategy bond funds and/or ETFs and have up to 20% of assets in preferred and dividend stocks. The strategy seeks to provide current income while seeking to preserve capital. Conservative Allocation The Conservative Allocation Strategy will generally have between 60% to 80% in bonds and cash and 20% to 40% in equities. The strategy has a flexible asset allocation enabling the manager to opportunistically invest in a wide variety of asset classes and securities including individual bonds, stocks, MLPs, mutual funds and/or ETFs. The strategy seeks to produce consistently attractive returns over every investment cycle while preserving capital. Equity Income The Equity Income Strategy will generally have between 50% to 75% in high quality large-cap stocks and 25% to 50% in individual bonds and cash. The strategy has a flexible asset allocation enabling the manager to opportunistically invest in a wide variety of asset classes and securities including individual stocks, bonds, MLPs and/or ETFs. The strategy seeks to generate growth and income while preserving capital over a wide variety of market cycles. Select Equity The Select Equity Strategy will generally have between 90% to 100% in high quality large-cap equities. The strategy seeks to generate growth and income while and protect downside across a wide variety of market cycles. Customized Accounts Shelter Rock manages customized conservative, moderate and aggressive strategies that contain mutual funds, individual stocks, individual bonds, ETFs and MLPs. Mutual funds and ETFs/Indices for clients will be selected on the basis of any or all of the following criteria: the fund’s performance history under the current manager(s); the industry sector(s) and geographic exposure of the fund’s investments; the Advisers’ assessment of the level of risk being taken in order to achieve returns; the fund’s investment objectives; the fund’s management style and philosophy; the fund’s management fee structure; the fund’s tax efficiency and the level of assets in the fund. The Adviser will also attempt to select mutual funds and indices with the goal of appropriately diversifying clients based on individual risk tolerance, investment objectives, and investment horizon. Individual stocks will generally be selected in companies believed to be undervalued based on free cash flow metrics. The manager will select individual bonds by carefully balancing expected returns versus credit and interest rate risks. Retirement Plans When Shelter Rock

provides investment advice to you regarding your retirement plan account or individual retirement account, Shelter Rock and its investment adviser representatives 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 Shelter Rock makes money creates some conflicts with your interests, so Shelter Rock operates under a special rule that requires us to act in your best interest and not put our interest ahead of yours. 401K Shelter Rock provides 401K services to corporate clients. This includes helping companies evaluate 401K plan administrators, creating and monitoring mutual fund menus available to participants, constructing investment models for conservative through aggressive risk tolerances and providing retirement, asset allocation, and investment guidance. Retirement Plan Rollover Recommendations A client leaving an employer typically has four options regarding an existing retirement plan (and may engage in a combination of these options): (1) leave the money in his/her former employer’s plan, if permitted, (2) roll over the assets to his/her new employer’s plan, if one is available and rollovers are permitted, (3) roll over to an Individual Retirement Account (“IRA”), or (4) cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences). If Shelter Rock recommends you roll over your account from a current retirement plan to an individual retirement account (“Rollover IRA”) managed by Shelter Rock, please know that Shelter Rock and its investment adviser representatives have an economic incentive to recommend a rollover of funds from a retirement plan to a Rollover IRA which is a conflict of interest. Shelter Rock can earn increased investment advisory fees by recommending that you roll over your account at the retirement plan to a Rollover IRA managed by Shelter Rock and earn fewer investment advisory fees if you do not roll over the funds in the retirement plan to a Rollover IRA managed by Shelter Rock. Shelter Rock has taken steps to manage this conflict of interest including adopting an impartial conduct standard whereby our investment adviser representatives will (1) provide investment advice to a retirement plan participant regarding a rollover of funds from the retirement plan in accordance with the fiduciary status described below, (2) not recommend investments which result in Shelter Rock receiving unreasonable compensation related to the rollover of funds from the retirement plan to a Rollover IRA, and (3) fully disclose compensation received by Shelter Rock and our supervised persons and any material conflicts of interest related to recommending the rollover of funds from the retirement plan to a Rollover IRA and (4) refrain from making any materially misleading statements regarding such rollover. Our investment adviser representatives will act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, based on the investment objectives, risk, tolerance, financial circumstances, and a client’s needs, without regard to the financial or other interests of Shelter Rock or our affiliated personnel. Investment Advisory Agreement The Adviser describes to clients the scope of work to be provided and fee for advisory services in writing prior to the start of the relationship (Investment Advisory Agreement). An advisory client will have a period of five (5) business days from the date of signing the Investment Advisory Agreement to unconditionally rescind the agreement. Thereafter, either party may terminate the investment advisory agreement within 7 days’ written notice. If an advisory relationship with Shelter Rock Management is terminated prior to December 31, the management fee will be prorated for 7 days after written notification is received to terminate the relationship and the management fee will be assessed based on the final accounts value 7 days after written notification is received. Agreements may not be assigned without client consent. Wrap Fee Programs The Adviser does not sponsor or participate in Wrap Fee Programs. Client Assets under Management As of December 31, 2022, the Adviser managed approximately $157,788,005 in assets for 266 clients with $126,800,190 managed on a discretionary basis and $30,987,815 on a non-discretionary basis.