River Wealth offers a variety of advisory services, including asset management, financial planning, and investment consulting. Prior to River Wealth rendering any of the foregoing advisory services, clients are required to enter into one or more written agreements with River Wealth setting forth the relevant terms and conditions of the advisory relationship (the “Advisory Agreement”). River Wealth Advisors was formed on October 8, 2014. It is owned by River Wealth Holdings, LLC. That entity is principally owned by RWA Legacy Partners, LLC and Merchant Capital Partners, LLC. RWA Legacy Partners, LLC is principally owned by Edward O’Gorman, who is River Wealth’s CEO and Managing Partner. As of December 31, 2023, River Wealth had $1,039,817,756 in assets under management on a discretionary basis and $24,426,215 in assets under management on a non-discretionary basis. While this brochure generally describes the business of River Wealth, certain sections also discuss the activities of its “Supervised Persons,” which refers to the Firm’s officers, partners, directors (or other people occupying a similar status or performing similar functions), employees or any other person who provides investment advice on River Wealth’s behalf and is subject to the Firm’s supervision or control. Asset Management Services River Wealth manages client investment portfolios on a discretionary or non-discretionary basis. To engage River Wealth to provide asset management services, clients enter into an agreement with River Wealth setting forth the terms and conditions of the engagement, describing the scope of the services to be provided, and the fee that is due from the client. River Wealth’s annual fee for asset management services is based on a percentage of the market value of the assets placed under its management, which also compensates for initial and limited financial planning and consulting services that River Wealth provides in its sole discretion as part of the asset management process, or as specifically requested by the client and upon River Wealth’s agreement. River Wealth primarily allocates client assets among various stocks, bonds, mutual funds, exchange- traded funds (“ETFs”) and options in accordance with the investment objectives of its individual clients. Where appropriate, River Wealth may also provide advice about legacy positions or other investments held in client portfolios, which could include investments in privately placed debt, equity, and/or pooled investment vehicles (e.g., hedge funds, private equity funds, etc.). However, River Wealth does not typically recommend that clients invest in those types of assets. Clients may engage River Wealth to manage and/or advise on certain investment products that are not maintained at their primary custodian, such as variable life insurance and annuity contracts and assets held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans). In these situations, River Wealth directs or recommends the allocation of client assets among the various investment options available with the product. These assets are generally maintained at the underwriting insurance company, or the custodian designated by the product’s provider. River Wealth tailors its advisory services to meet the needs of its individual clients and seeks to ensure, on a continuous basis, that client portfolios are managed in a manner consistent with those needs and objectives. River Wealth consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time horizon, liquidity constraints and other related factors relevant to the management of their portfolios. Clients are advised to promptly notify River Wealth if there are changes in their financial situation or if they wish to place any limitations on the management of their portfolios. Clients may impose reasonable restrictions or mandates on the management of their accounts if River Wealth determines, in its sole discretion, the conditions would not materially impact the performance of a management strategy or prove overly burdensome to the Firm’s management efforts. Financial Planning and Investment Consulting Services River Wealth offers clients a broad range of financial planning and investment consulting services, which may include any or all of the following functions:
•Business Planning •Investment Consulting
•Cash Flow Forecasting •Insurance Needs Analysis
•Portfolio Modeling •Retirement Plan Analysis
•Retirement Planning •Charitable Giving
•Trust and Estate Planning •Risk Management
•Financial Reporting •Distribution Planning When performing these services, River Wealth is not required to verify any information received from the client or from the client’s other professionals (e.g., attorneys, accountants, etc.,) and is expressly authorized to rely on such information. River Wealth may recommend clients engage the Firm for additional related services, and other professionals to implement its recommendations. Clients are advised that a conflict of interest exists if clients engage River Wealth or its affiliates to provide additional services for compensation. Clients retain absolute discretion over all decisions regarding implementation and are under no obligation to act upon any of the recommendations made by River Wealth under a financial planning or consulting engagement. Clients are responsible to promptly notify the Firm of any change in their financial situation or investment objectives for the purpose of reviewing, evaluating, or revising River Wealth’s recommendations and services. Retirement Plan Services River Wealth offers retirement plan consulting services to sponsors of self-directed retirement plans organized under the Employee Retirement Security Act of 1974 (“ERISA”). The terms and conditions of the engagement between River Wealth and the plan sponsor will be set forth in a written agreement. If River Wealth performs these

services in an ERISA Section 3(21) capacity, it will assist the plan sponsor with the development of investment policy statements, and then the selection and monitoring of investment alternatives from which plan participants may choose in self-directing the investments for their individual plan retirement accounts. Upon request by the plan sponsor, River Wealth may also provide participant education designed to assist participants in identifying the appropriate investment strategy for their retirement plan accounts. If the plan sponsor chooses to engage River Wealth in an ERISA Section 3(38) capacity, River Wealth may provide the same services as described above, but may also: create specific asset allocation models that River Wealth manages on a discretionary basis, which plan participants may choose in managing their individual retirement account; and modify the investment options made available to plan participants on a discretionary basis. Miscellaneous Limitations of Financial Planning and Investment Consulting Services Upon request, River Wealth may provide financial planning and investment consulting services that may relate to other non-investment consulting issues, such as tax and estate planning and insurance matters. River Wealth does not serve as an attorney, accountant, or insurance agent, and no portion of our services should be construed as legal, accounting, or insurance implementation services. Accordingly, River Wealth does not prepare estate planning documents, tax returns, or sell insurance products. Upon client request, we may recommend the services of other professionals for non-investment implementation purpose, such as attorneys, accountants, and insurance agents. Clients are not obligated to engage the services of any recommended professional, who are responsible for the quality and competency of the services they provide. The client retains absolute discretion over all such implementation decisions and is free to accept or reject any recommendation from River Wealth and its representatives. River Wealth’s financial planning and investment consulting services are completed upon communicating its recommendations to the client, upon delivery of the written financial plan, or upon termination of the applicable agreement. Unless specifically agreed in writing, neither River Wealth nor its representatives are responsible to implement any financial plans or financial planning advice; provide ongoing financial planning services; or provide ongoing monitoring of financial plans or financial planning advice. The client is solely responsible to revisit the financial plan or financial planning advice with River Wealth, if desired. Retirement Plan Rollovers- Conflict of Interest A client or prospective client leaving an employer typically has four options regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the money in the former employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is available and rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences). If River Wealth recommends that a client roll over their retirement plan assets into an account to be managed by River Wealth, such a recommendation creates a conflict of interest if River Wealth will earn a new (or increase its current) advisory fee as a result of the rollover. No client is under any obligation to roll over retirement plan assets to an account managed by River Wealth. ERISA/IRC Fiduciary Acknowledgement When River Wealth provides investment advice to a client about the client’s retirement plan account or individual retirement account, it does so as a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws governing retirement accounts. Because the way River Wealth makes money creates some conflicts with client interests, River Wealth operates under a special rule that requires it to act in the client’s best interest and not put its interests ahead of the client’s. Under this special rule’s provisions, River Wealth must: meet a professional standard of care when making investment recommendations (give prudent advice); never put its financial interests ahead of the client’s when making recommendations (give loyal advice); avoid misleading statements about conflicts of interest, fees, and investments; follow policies and procedures designed to ensure that River Wealth gives advice that is in the client’s best interest; charge no more than is reasonable for River Wealth’s services; and give the client basic information about conflicts of interest. Client Obligations When performing its services, River Wealth is not required to verify any information received from the client or from the client’s designated professionals and is expressly authorized to rely on that information. Clients are responsible to promptly notify River Wealth if there is ever any change in their financial situation or investment objectives for the purpose of reviewing or amending River Wealth’s services or previous recommendations. Portfolio Trading Activity / Inactivity As part of its investment advisory services, River Wealth will review client portfolios on an ongoing basis to determine if any trades are necessary based upon various factors, including but not limited to investment performance, market conditions, fund manager tenure, style drift, account additions/withdrawals, the client’s financial circumstances, and changes in the client’s investment objectives. Based upon these and other factors, there may be extended periods when River Wealth determines that upon review, trades within a client’s portfolio are not prudent. Clients nonetheless remain subject to the fees described in Item 5 during periods of portfolio trading inactivity.