Background ACT Advisors, LLC (ACT Advisors Wealth Management, ACT Advisors, we, our, us) is an SEC registered investment adviser. Our founding members, Doug English and Roger Wesley (Wes) Johnson created the firm as a limited liability company in October of 2014 and registered it as an independent investment adviser. We have a fiduciary duty to all ACT Advisors clients. As a fiduciary, it is always our responsibility to provide fair and full disclosure of all material facts and to act solely in the best interest of each of our clients. We require all of our employees to conduct business with the highest level of ethical standards and to comply with all federal and state securities laws at all times. When dealing with investment advisory clients, our Investment Advisor Representatives (IARs) have an affirmative duty of care, loyalty, honesty, and good faith to act in the best interests of their clients. IARs should fully disclose all material facts concerning any conflict that does arise with these clients and should avoid even the appearance of a conflict of interest. We and our IARs must abide by honest and ethical business practices including, but not limited to:
• Not inducing trading in a client's account that is excessive in size or frequency in view of the financial resources and character of the account;
• Making recommendations with reasonable grounds to believe that they are appropriate based on the information furnished by the client;
• Placing discretionary orders only after obtaining client’s written trading authorization contained within the advisory agreement or via separate amendment;
• Not borrowing money or securities from, or lending money or securities to a client;
• Not placing an order for the purchase or sale of a security if the security is not registered, or the security or transaction is not exempt from registration in the specific state; Both we and our IARs will:
• Allocate securities in a manner that is fair and equitable to all clients.
• Not effect agency-cross transactions for client accounts. Investment Management and Financial Planning and/or Consulting: ACT Advisors provides discretionary investment advisory services on a fee basis. ACT Advisors' annual investment advisory fee shall include investment advisory services. To the extent specifically requested by the client, ACT Advisors may be engaged to provide financial planning and consulting services for a separate fee as described in Item 5 below. In the event that the client requires extraordinary planning and/or consultation services (to be determined in the sole discretion of ACT Advisors), ACT Advisors may determine to charge for such additional services, the dollar amount of which shall be set forth in a separate written notice to the client. To commence the investment advisory process, ACT Advisors will ascertain each client’s investment objective(s) and then allocate the client’s assets consistent with the client’s designated investment objective(s). Once allocated, ACT Advisors provides ongoing supervision of the account(s). Before engaging ACT Advisors to provide investment advisory services or investment advisory services with financial planning and consulting services, clients are required to enter into an Investment Advisory Agreement with ACT Advisors setting forth the terms and conditions of the engagement (including termination), describing the scope of the services to be provided, and the fee that is due from the client. Limitations of Financial Planning and Non-Investment Consulting/Implementation Services. To the extent requested by the client, ACT Advisors will generally provide financial planning and related consulting services regarding non-investment related matters, such as tax and estate planning, insurance, etc. ACT Advisors will generally provide such consulting services for a separate fee as set forth at Item 5 below. Please Note: ACT Advisors believes that it is important for the client to address financial planning issues on an ongoing basis. ACT Advisors’ advisory fee, as set forth at Item 5 below, will remain the same regardless of whether or not the client determines to address financial planning issues with ACT Advisors. Please Also Note: ACT Advisors does not serve as an attorney, accountant, or insurance agent, and no portion of our services should be construed as same. Accordingly, ACT Advisors does not prepare legal documents, prepare tax returns, or sell insurance products. To the extent requested by a client, we may recommend the services of other professionals for non-investment implementation purpose (i.e., attorneys, accountants, insurance, etc.). The client retains absolute discretion over all such implementation decisions and is free to accept or reject any recommendation from ACT Advisors and/or its representatives. If the client engages any professional (i.e., attorney, accountant, insurance agent, etc.), recommended or otherwise, and a dispute arises thereafter relative to such engagement, the client agrees to seek recourse exclusively from the engaged professional. At all times, the engaged licensed professional[s] (i.e., attorney, accountant, insurance agent, etc.), and not ACT Advisors, shall be responsible for the quality and competency of the services provided. Passive Strategy Asset Management This strategy is designed for clients seeking management of accounts valued at $150,000 and below, where assets are primarily allocated to low-cost securities that usually do not incur transaction fees. In certain limited circumstances, accounts exceeding $150,000.00 in value may be invested in this strategy. The specific securities will be selected that track appropriate equity and fixed income

index returns as well as vehicles that are designed on a passive but non-indexed basis. Equity and fixed income weightings will be determined by the clients’ investment objectives and rebalanced no less than annually, but typically two to three times per year. Clients invested in this strategy are encouraged to discuss the strategy itself and its suitability with their Advisor, at least on an annual basis. Financial Planning Services To the extent requested and engaged by the client to do so, ACT Advisors will generally provide financial planning and related consulting services regarding non-investment related matters, such as tax and estate planning, insurance, etc. per the terms and conditions of a separate agreement and a separate fee as discussed at Item 5 below, the fee for which shall be based upon the individual providing the service and the scope of the services to be provided. Prior to engaging ACT Advisors to provide planning or consulting services, clients are generally required to enter into a Financial Planning Services Agreement with ACT Advisors setting forth the terms and conditions of the engagement (including termination), describing the scope of the services to be provided, and the fee that is due from the client. Employer Sponsored Plans Participant Advice We offer advisory, consulting, and rebalancing services to the participants of employer sponsored plans (Participants). We use our research and asset allocation strategies, along with our knowledge of the participant’s personal financial objectives, to develop an investment mix within the available investment options in the plan. We regularly assess the investment mix and keep it up to date with any asset allocation moves in our strategies, subject to the limitations of the options available in the plan. We do not have custody or any ability to access or withdraw the funds in the plan. Tailored Relationships We tailor investment advisory services to the individual needs of the client. The goals and objectives for each client are explored and documented. Our clients can impose restrictions on the investments in their accounts. We may accept any reasonable limitation or restriction to our discretionary authority on the account placed by the client. All limitations and restrictions placed on accounts must be presented to us in writing. Client Assets We offer asset management on a discretionary basis. As of December 31, 2023, we have $374,060,105 in assets under management. Use of Testimonials and/or Endorsements Effective May 4, 2021, the SEC adopted Rule 206(4)-1 under the Investment Advisers Act, known as the “Marketing Rule”. In addition to other activities, the new rule dramatically changed the use of testimonials by Investment Advisors registered with the SEC. The rule defines “testimonials” as any statement by a current client or investor in a private fund advised by the investment adviser (i) about the client or investor’s experience with the investment adviser or its supervised persons (ii) that directly or indirectly solicits any current or prospective client or investor to be a client of, or an investor in a private fund advised by, the investment adviser or (iii) that refers any current or prospective client or investor to be a client of, or an investor in a private fund advised by, the investment adviser. However, all testimonials, whether or not distributed to more than one person and whether or not otherwise constituting an “advertisement” are subject to numerous other requirements. For all testimonials, an RIA must make five disclosures, namely:
• A clear and prominent disclosure whether or not the provider of the testimonial is a client;
• If applicable, a clear and prominent disclosure that the provider has received cash or non-cash compensation, as the case may be;
• A description of the material terms of the compensation provided, if applicable;
• A clear and prominent brief description of all conflicts of interest resulting from the adviser’s relationship with the provider; and
• A detailed description of the material conflicts of interest and/or the compensation arrangement if applicable. Additionally, under the general prohibitions under the SEC New Marketing Rule a testimonial or endorsement in an advertisement may not:
• include an untrue statement of a material fact, or omit to state a material fact necessary to make the statement made, in light of the circumstances under which it was made, not misleading;
• include a material statement of fact that the adviser does not have a reasonable basis for believing it will be able to substantiate upon demand by the Commission;
• include information that would reasonably be likely to cause an untrue or misleading implication or inference to be drawn concerning a material fact relating to the adviser;
• discuss any potential benefits without providing fair and balanced treatment of any associated material risks or limitations;
• reference specific investment advice provided by the adviser that is not presented in a fair and balanced manner;
• include or exclude performance results, or presenting performance time periods, in a manner that is not fair and balanced; and
• otherwise be materially misleading. Beginning in Q3 2021, at the conclusion of a client’s annual review, ACT Advisors began asking all clients to post a review of ACT Advisors on Google. ACT Advisors does not compensate clients for these reviews, nor does ACT exercise any editorial or content control over these reviews. Further, ACT cannot remove a review that is negative or unflattering, but Goggle may remove a review if, in Google’s view, the review violates Google’s standards.