Firm Description The Adviser provides comprehensive wealth management services to a broad range of clients, including individuals, high net worth clients, pensions, profit sharing and 401(k) plans, corporations, business entities, trusts, estates, foundations, and charitable organizations. The Adviser provides continuous investment advice and management based upon the individual needs and objectives of each client. The Adviser was founded in 2015. Principal Owner The Adviser is privately held, and its employees own all the outstanding stock of the firm. The principal owners of the Adviser are Todd Krieg and the Todd M. Krieg 2020 Trust. Types of Advisory Services Pegasus provides discretionary and non-discretionary investment advisory services to its clients. Clients will enter into an Investment Management Agreement (“IMA”) with the Adviser indicating the type of advisory services to be provided. At the beginning of the relationship, the client will work closely with one of the Adviser’s Investment Advisory Representatives (“IAR”) to develop an Investment Policy Statement (“IPS”). The IPS outlines the investment goals and objectives and the risk tolerance of the client. The IPS includes general guidelines as to how the IAR will make investment decisions to meet the goals of the client. These general guidelines cover such things as the relative proportion of debt securities and equity securities within the overall asset allocation of a client portfolio. Discretionary Investment Advisory Services For clients who grant the Adviser complete discretionary authority, the Adviser will develop an asset allocation strategy that will incorporate investing in stocks, bonds, mutual funds, and exchange-traded funds (“ETFs”). Stocks and Bonds Pegasus has entered into agreements with various third-party managers to act as sub-adviser to separately managed accounts (“SMA”), some of which may provide model portfolios to Pegasus. Under these agreements, the Adviser offers clients various types of programs sponsored by these third-party managers. These programs generally have account minimum requirements that will vary from manager to manager. A complete description of the third- party manager’s services, fee schedules and account minimums will be disclosed in the third- party manager’s Form ADV or similar Disclosure Brochure which will be provided to clients at the time an agreement for services is executed. When the Adviser engages a third-party manager to invest on behalf of the client, the SMA will be traded by either the third-party manager or, if a model portfolio is provided, by the Adviser. In both cases, all research, investment selections and portfolio decisions are the responsibility of the third-party manager, not the Adviser. Performance reporting will be the responsibility of the Adviser for all SMAs. Such performance reports will be provided quarterly to the client. Mutual Funds and ETFs In addition to SMAs, the Adviser will allocate client assets to mutual funds and ETFs to ensure the client’s risk profile is met. The Adviser uses mutual funds and ETFs to appropriately weight sectors, geographies, market-caps and styles to ensure portfolios accurately reflect opportunity within capital market assumptions over time. The Adviser looks at the underlying assets in a mutual fund or ETF to determine if there is significant overlap in the underlying investments held in other fund(s) and SMAs in the client’s portfolio. Non-discretionary Investment Advisory Services Private Investments Pegasus provides non-discretionary investment advice with respect to Private Investments. Private Investments include illiquid investments such as private real estate, private debt, and private equity funds. Private Investments selected for recommendation need to meet several quantitative and qualitative criteria established by the Adviser as described in Item 8. Pegasus will recommend Private Investments based on the investment objectives and risk tolerance of the client and only to those clients that meet the definitions of Accredited Investor or Qualified Purchaser. The IAR will assist the client in completing the necessary subscription agreements and will work with the client to facilitate the funding of Private Investments recommended by the Adviser. Other Investments The Adviser will monitor a client’s activities and accounts maintained by other investment advisers. Pegasus will not have any authority or ability to purchase or sell any assets held within these accounts. The accounts are monitored as non-discretionary assets of the Adviser. Financial Planning The Adviser also offers financial planning

services to clients. Financial planning services include financial position planning, retirement planning, business planning, charitable giving, trust and estate planning, benefit plan advice, manager due diligence and preparation of a financial plan. All financial planning advice is provided on a non-discretionary basis and clients are responsible for deciding what advice to act upon. Clients are advised that it remains their responsibility to promptly notify the Adviser of any change in their financial situation or investment objectives for the purpose of reviewing, evaluating or revising the Adviser’s recommendations and/or services. There is no additional fee to clients for financial planning services. Pension Consulting The Adviser also provides several advisory services separately or in combination. While the primary clients for these services will be pension, profit sharing and 401(k) plans, the Adviser offers these services, where appropriate, to individuals and trusts, estates, and charitable organizations. Pension Consulting Services are comprised of four distinct services. Clients will choose to use any or all these services. IPS Preparation: The Adviser will meet with the client (in person or over the telephone) to determine an appropriate investment strategy that reflects the plan sponsor’s stated investment objectives for management of the plan. The Adviser then prepares a written IPS detailing those needs and goals, including an encompassing policy under which these goals are to be achieved. The IPS also lists the criteria for selection of investment vehicles as well as the procedures and timing interval for monitoring of investment performance. Selection of Investment Vehicles: The Adviser assists plan sponsors in constructing appropriate asset allocation models. Pegasus will then review various mutual funds (both index and managed) to determine which investments are appropriate to implement the client’s IPS. The number of investments to be recommended will be determined by the client, based on the IPS. Monitoring of Investment Performance: The Adviser monitors client investments continually, based on the procedures and timing intervals delineated in the Investment Policy Statement. Although Pegasus is not involved in any way in the purchase or sale of these investments, the Adviser will supervise the client’s portfolio and will make recommendations to the client as market factors and the client’s needs dictate. Employee Communications: For pension, profit sharing and 401(k) plan clients with individual plan participants exercising control over assets in their own account (‘’self-directed plans’’), the Adviser also provides periodic educational support and investment workshops designed for the plan participants when the plan sponsor engages the Adviser to provide these services. The nature of the topics to be covered will be determined by the Adviser and the client under the guidelines established in ERISA Section 404(c). The educational support and investment workshops will NOT provide plan participants with individualized, tailored investment advice or individualized, tailored asset allocation recommendations. Consulting Services On a limited basis the Adviser will provide clients investment advice on isolated areas of concern such as estate planning, real estate, retirement planning, or any other specific topic. Additionally, the Adviser may provide advice on non-securities matters in connection with the rendering of estate planning, insurance, real estate, and/or annuity advice. In these cases, the client may be required to select investment managers, broker-dealer and/or insurance companies for the implementation of consulting recommendations. If a client’s needs include brokerage and/or other financial services, the Adviser may recommend the use of one of several investment managers, brokers, banks, custodians, insurance companies or other financial professionals. The client must independently evaluate these independent firms before opening an account or transacting business and have the right to effect business through any firm the client chooses. The client is under no obligation to follow the consulting advice that the Adviser provides. Wrap Fee Programs The Adviser does not place any client assets into a Wrap Fee Program. Client Assets As of December 31, 2023, total regulatory assets under management were approximately $3.09 billion. Client assets managed on a discretionary basis totaled approximately $2.45 billion; client assets managed on a non-discretionary basis totaled approximately $632 million. Pegasus had assets under advisement of approximately $3.14 billion.