About Us Upholdings Group, LLC (“Upholdings”) is an investment adviser and Delaware limited liability company with its principal place of business in Nashville, Tennessee. The limited liability company was formed in January 2019 and commenced operations as an investment adviser in November 2020. Robert Cantwell is the principal owner and founder of Upholdings. As used in this Brochure, the words “Adviser,” “we,” “our,” and “us” refer to Upholdings while the words “you,” “your,” and “client” refer to you as either a current or prospective client/investor of Upholdings. Upholdings provides investment advisory services on a discretionary basis. Upholdings provides advice to clients based on specific investment objectives and strategies. Upholdings tailors advisory services to clients’ individual needs. Private Fund Management Upholdings serves as the adviser to The Compound Kings Fund, a series of Upholdings Funds LLC (hereafter referred to as the “Fund”), a private fund launched in May 2023. The Fund is managed in accordance with the terms and conditions of the Fund's offering and organizational documents. Separate Account Management Upholdings manages separate accounts in accordance with specific client mandates. Separate accounts may hold the same or similar securities as the Fund subject to cash availability, client restrictions and other considerations. Investment Advisory Agreement Prior to engaging Upholdings to provide any investment advisory services, you will be required to enter into one or more written agreements with Upholdings setting forth the terms and conditions under which Upholdings shall render its services (collectively the “Agreement”). If granted discretionary authority to manage the client’s account, Upholdings is authorized to perform various functions, at your expense, without further approval from you. Such functions include the type and amounts of securities to be purchased/sold. Our discretion is subject to the guidelines outlined within your Investment Advisory Agreement. Trading Authority and Custodial Relationships Upholdings takes discretionary trading authority on all accounts under our management and will typically obtain advance authorization from clients for money movement instructions. These services are provided through various custodians, including Interactive Brokers. Upholdings will not act as a custodian for any separate account. We develop an investment strategy that attempts to balance our client’s short and long-term goals with their risk tolerances. We analyze our client’s current portfolio, typically including their outside assets, for its alignment with their risk profile. We advise and recommend investment selections accordingly. We ask clients, at a minimum, to provide a net worth statement, income statement, tax return, and a list of outside investment holdings. We believe this is necessary to fulfill our fiduciary obligation.

We implement all initial and ongoing trading on behalf of client portfolios. This includes rebalancing to keep the portfolio aligned with client’s goals, objectives, time horizon, and risk preferences, as well as reallocating due to changes in the economy, client’s objectives, cash needs, or security performance criteria. We attempt to minimize investment related taxes on an ongoing basis. Client Imposed Investment Restrictions Although rare, there may be circumstances wherein a client does not desire a particular security, asset, or sector to be included in their portfolio. If this occurs, Upholdings will discuss any possible implications such investment constraints may cause and document any reasonable constraints in the client’s record. Client Obligations Clients are advised that the investment recommendations and advice offered by Upholdings do not represent legal or accounting advice. Clients should coordinate and discuss the impact of financial advice with their attorneys and/or accountants. In performing our services, Upholdings will not be required to verify any information received from the client or from the client’s other professionals and is expressly authorized to rely thereon. Moreover, each client is advised that it remains their responsibility to promptly notify Upholdings if there is ever any change in their financial situation or investment objectives for the purpose of reviewing, evaluating, or revising Upholdings’ previous recommendations and/or services. Failure to notify Upholdings of any such changes could result in investment recommendations not meeting their needs. Retirement Plan Rollovers 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 Upholdings recommends that a client roll over their retirement plan assets into an account to be managed by Upholdings, such a recommendation creates a conflict of interest if Upholdings will earn an investment advisory fee on the rolled over assets. No client is under any obligation to roll over retirement plan assets to an account managed by Upholdings. Non-Participation in Wrap Fee Programs Upholdings does not participate in wrap fee programs. A wrap fee program is a program under which investment advisory and brokerage execution services are provided for a single "wrapped" fee that is not based on the transactions in a client's account. Assets Under Management As of May 30, 2023, Upholdings had $1.4 million in discretionary assets under management.