Aft, Forsyth and Company, Inc.

Aft, Forsyth and Company, Inc. 4171 Main Street Jupiter, FL 33458 May 2026 This brochure provides information about the qualifications and business practices of Aft, Forsyth and Company, Inc. If you have any questions about the contents of this brochure, please contact us at 561-296-6680 and/or larry@aftforsyth.net. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about Aft, Forsyth and Company, Inc. is also available on the SEC’s website at www.advisorinfo.sec.gov.  Item 2: Material Changes There are no material changes to report since our last annual filing of our Form ADV Part 2 (“Disclosure Brochure”) dated March 2026. However, we have made other changes we do not consider to be material, solely to clarify or enhance existing disclosures. Also, Larry Aft is now the sole owner of the firm. For future filings, this section of the Disclosure Brochure will address only those “material changes” that have been incorporated since our last delivery or posting of this Disclosure Brochure on the SEC’s public disclosure website (IAPD) at www.adviserinfo.sec.gov. We may, at any time, update this Disclosure Brochure and send to you an updated copy including a summary of material changes, or a summary of material changes that includes an offer to send you a copy (either by electronic means (email) or in hard copy form). If you would like another copy of this Disclosure Brochure, please download it from the SEC website as indicated above or you may contact us Larry N. Aft at (561) 296-6680 or via email at larry@aftforsyth.net.  Item 3: Table of Contents Item Number Item Page 1 Cover Page 1 2 Material Changes 2 3 Table of Contents 3 4 Advisory Business 4 5 Fees and Compensation 4 6 Performance-Based Fees and Side-by-Side Management 4 7 Types of Clients 5 8 5 Methods of Analysis, Investment Strategies and Risk of Loss 9 Disciplinary Information 5 10 Other Financial Industry Activities and Affiliations 5 11 5 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading 12 Brokerage Practices 6 13 Review of Accounts 7 14 Client Referrals and Other Compensation 7 15 Custody 8 16 Investment Discretion 8 17 Voting Client Securities 8 18 Financial Information 8 Part 2B Brochure Supplement 9  Item 4: Advisory Business Aft, Forsyth and Company, Inc. was organized as a corporation under the laws of the State of Florida on September 20, 2005. Larry N. Aft currently owns 100% of AFC. AFC provides discretionary portfolio management services where the investment advice provided is custom tailored to meet the investment objectives of the client based upon risk tolerance, time horizon, and income and liquidity needs. Subject to any written guidelines, which the client may provide, the Firm will be granted discretion and authority to manage the account. Accordingly, AFC is authorized to perform various functions, at the client’s expense, without further approval from the client. Such functions include the determination of securities to be purchased/sold, the number of securities to be purchased/sold, the broker/dealer to be used, and the commission rates to be paid. Once the portfolio is constructed, AFC provides continuous supervision and re-optimization of the portfolio as changes in market conditions and client circumstances may require. As of December 31, 2025, AFC had total discretionary assets under management of $258,578,067. Item 5: Fees and Compensation The monthly fee for portfolio management services is billed in arrears based on the asset value at the end of the month excluding accrued dividends. Fees will be assessed pro rata in the event the portfolio management agreement is executed at any time other than the first day of a month. The payment of fees for portfolio management services will be made via direct debit by Charles Schwab, a qualified and independent custodian, holding the clients’ funds and securities. On a monthly basis, AFC’s fees for portfolio management services, subject to negotiation, are as follows: Portfolio Size Monthly Fee first next over $2,000,000 $3,000,000 $5,000,000 0.12% 0.09% 0.07% The Firm may allow accounts of members of the same household to be aggregated for purposes of meeting the minimum account size. AFC may allow such aggregation, for example, where the Firm services accounts on behalf of minor children of current clients, individual and joint accounts for a spouse, and other types of related accounts. Payment of AFC’s management fees will be made directly from the client’s account by Charles Schwab provided the client supplies written authorization. AFC will not have access to client funds for payment of fees without written consent from the client. Further, Charles Schwab agrees to deliver a monthly account statement directly to the client, showing all disbursements from the account. The client is encouraged to review all account statements for accuracy. AFC will receive a duplicate copy of the statement that was delivered to the client. The client may terminate the portfolio management agreement within five days of the date of execution without penalty to the client. After the five-day period, either party may terminate the agreement by providing 30 day written notice to the other party. AFC nor any of its employees receive compensation for the sale of securities or any other investment products. Item 6: Performance Based Fees and Side-By-Side Management The fees charged are calculated as described above, and are not charged on the basis of a share of capital gains upon, or capital appreciation of, the funds, or any portion of the funds of an advisory client (15 U.S.C. §80b- 5(a)(1)).  Item 7: Types of Clients AFC generally provides investment advice for individuals and trust accounts. For new clients, AFC generally imposes a minimum of $2,000,000 to open and maintain an advisory account. However, this account minimum may be waived at the discretion of AFC if, for example, the client appears to have significant potential for increasing assets under management. Item 8: Methods of Analysis, Investment Strategies and Risk of Loss AFC combines the use of fundamental, technical, general market and economic analysis for security selection, investment strategy and advice, and managing assets. AFC selects securities that are traded on established markets, although investing in securities involves risk of loss that clients should be prepared to tolerate. AFC may hold concentrated positions in securities which may result in additional risk and volatility in client portfolios. AFC’s strategies utilize investments that primarily employ the use of cash, equities and fixed income. Within the equity strategy, various styles (growth and value) along with various disciplines (large, mid, and small capitalization companies along with international and emerging market companies) may be utilized by investing in individual companies or Exchange Traded Funds (ETFs). Depending on market conditions, AFC’s strategy may exclude investing in any particular asset class over multiple years. The material risks associated with investing in equities include change in value due to market fluctuations, company specific risk, and sovereign risk of the international markets. Fixed income (bond) strategies may include investment in government securities, municipal bonds, preferred stocks, mutual funds and fixed income ETFs. Depending on market conditions, AFC’s strategy may exclude investing in any particular asset class over multiple years. The material risks associated with fixed income investments are changes in interest rates and issuer risk or default risk. Item 9: Disciplinary Information There are no disclosable legal or disciplinary events that are material to a client’s or prospective client’s evaluation of your advisory business or the integrity of your management. Item 10: Other Financial Industry Activities and Affiliations Aft, Forsyth and Company currently own 100% of the class B shares of Aft, Forsyth & Sober, LLC, a registered investment adviser with the SEC. Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading As these situations may represent a conflict of interest, AFC has established the following restrictions in order to ensure its fiduciary responsibilities: ƒ AFC emphasizes the unrestricted right of the client to specify investment objectives, guidelines, and/or conditions on the overall management of their account. ƒ Associated persons or their immediate family members shall not buy or sell securities for their personal  portfolio(s) where their decision is derived in whole or in part, by reason of the associated person’s employment, unless the information is also available to the investing public on reasonable inquiry. ƒ No associated person of the Firm shall prefer his or her own interest to that of the advisory client. Investment opportunities must be offered first to clients before AFC or associated persons may participate in such transactions. ƒ AFC and its associated persons generally may not purchase and sell securities being considered for or held by client accounts without pre-clearance from the Compliance Officer. Moreover, access persons are subjected to a blackout period of no less than 1 day prior and after the placement of a trade in a specific security for an advisory client. ƒ AFC and its employees generally may not participate in private placements or initial public offerings (IPOs) without pre-clearance from the Firm's Compliance Officer. ƒ The Firm requires that all individuals must act in accordance with all applicable federal and state regulations governing registered investment advisory practices. ƒ Records will be maintained of all securities bought or sold by the Firm, associated persons of the Firm, and related entities. A qualified representative of the Firm will review these records on a regular basis. ƒ Any individual not in observance of the above may be subject to termination. The full text of AFC’s Code of Ethics is available to you upon request. In accordance with Section 204-A of the Investment Advisers Act of 1940, AFC also maintains and enforces written policies reasonably designed to prevent the misuse of material non-public information by AFC or any person associated with AFC. Footnotes: (1) This investment policy has been established recognizing that some securities being considered for purchase and/or sale on behalf of AFC's clients trade in sufficiently broad markets to permit transactions by clients to be completed without an appreciable impact on the markets of the securities. Under certain circumstances, exceptions may be made to the policies stated above. Records of these trades, including the reasons for the exceptions, will be maintained with AFC's records in the manner set forth above. (2) The foregoing does not apply to certain types of securities, such as obligations of the U.S. Government, and shares in open-end mutual funds. Open-end mutual funds are purchased or redeemed at a fixed net asset value price per share specific to the date of purchase or redemption. As such, transactions in mutual funds by Advisory Representatives are not likely to have an impact on the prices of the fund shares in which clients invest. Item 12: Brokerage Practices Generally, clients grant AFC complete discretion over the selection and number of securities to be purchased or sold, the broker/dealer to be used and the commission rates to be paid for their account without obtaining their prior consent or approval. However, AFC’s investment authority may be subject to specified investment objectives, guidelines and/or conditions imposed by the client. For example, a client may specify that the investment in any particular stock or industry should not exceed specified percentages of the value of the portfolio, restrictions or prohibitions of transactions in the securities of a specific industry. Suggestion of Brokers In selecting a broker dealer based on discretionary authority or in suggesting a broker dealer on behalf of a non- discretionary account, AFC will endeavor to select those brokers or dealers that will provide the best services at the lowest commission rates possible. The reasonableness of commissions is based on several factors, including the broker’s ability to provide professional services, competitive commission rates, volume discounts, execution price negotiations, the broker’s reputation, experience and financial stability of the broker or dealer, and the quality of service rendered by the broker or dealer in other transactions.  Best execution is not measured solely by reference to commission rates. Paying a broker, a higher commission rate than another broker might charge is permissible if the difference in cost is reasonably justified by the quality of the brokerage services offered. Also, AFC may cause the account to pay a higher commission in recognition of the value of “research services” and additional brokerage products and services a broker-dealer has provided or may be willing to provide. Directed Brokerage AFC does not accept directed brokerage relationships. Soft Dollars AFC does not have any soft dollar arrangements. Miscellaneous Aggregation of Orders Each portfolio manager generally will aggregate orders with respect to a security if such aggregation is consistent with achieving best execution for the various client accounts. Orders from different portfolio managers may be aggregated if such aggregation is consistent with achieving best execution for the various client accounts. When orders are aggregated, each participating account will receive the weighted average share price for all transactions in a particular security affected to fill such orders on a given business day. Transaction costs will be shared pro rata based upon each account’s participation in the transaction. Allocations of orders among client accounts must be made in a fair and equitable manner. As a general rule, allocations among accounts with the same or similar investment objective are made pro rata based upon the size of the accounts. There is no allocation to an account or set of accounts based on account performance or the amount or structure of management fees. However, the following factors may justify an allocation that deviates from the general rule: 1. Specific allocations may be chosen based upon an account's existing positions in securities 2. Specific allocations may be chosen because of the cash availability of one or more particular accounts. 3. Specific allocations may be chosen based on a partial fill of the block trade. 4. Specific allocations may be chosen for tax reasons. 5. Specific allocations may be chosen based on required minimum trade lot sizes for foreign securities. Item 13: Review of Accounts Larry Aft, President will formally review client accounts on an annual basis to ensure the advisory services provided to the client are consistent with the client's investment needs and objectives. AFC will offer clients a formal account review on an annual basis or more often upon request from the client. Triggering factors that may stimulate a review include, but are not limited to, significant market corrections, large deposits or withdrawals and the client’s request for an additional review. Item 14: Client Referrals and Other Compensation Aft, Forsyth and Company nor any of its owners or employees provide investment advice to anyone who is not a client of Aft, Forsyth and Company or Aft, Forsyth & Sober, LLC. Also, Aft, Forsyth and Company does not receive compensation for client referrals.  Item 15: Custody Aft, Forsyth and Company is deemed to have custody of client assets and therefore will be following these requirements. 1. Client Assets are held at Charles Schwab, a qualified custodian. 2. The client provides Aft, Forsyth and Company and Charles Schwab with the payee’s name, address or account number and client’s signature on the designated Charles Schwab document. 3. The client authorizes Aft, Forsyth and Company in writing on the document provided by Charles Schwab to direct transfers to the payee. 4. Charles Schwab will review the client signature for verification. 5. The client has the ability to terminate or change the instruction. 6. Aft, Forsyth and Company has no authority or ability to designate or change the payee or any payee information. 7. Charles Schwab will send the client, in writing, an initial and annual notice confirming the instruction and all payments are reported on the client’s monthly statement. Item 16: Investment Discretion Generally, clients grant AFC complete discretion over the selection and number of securities to be purchased or sold, the broker/dealer to be used and the commission rates to be paid for their account without obtaining their prior consent or approval. However, AFC’s investment authority may be subject to specified investment objectives, guidelines and/or conditions imposed by the client. For example, a client may specify, restrictions or prohibitions of transactions in the securities of a specific industry, and/or directed brokerage. Item 17: Voting Client Securities AFC will not be required to take any action or render any advice with respect to voting of proxies solicited by, or with respect to, the issuers of securities in which client’s assets may be invested. Although AFC may, on rare occasions and only at the client’s request, offer clients advice regarding corporate actions and the exercise of proxy voting rights. Item 18: Financial Information Not Applicable. Aft, Forsyth and Company does not accept prepayment of fees of more than six months in advance. In addition, we are not currently, nor at any time in the past ten years, have been the subject of a bankruptcy petition.  Item 1 - Cover Page Brochure Supplement Larry N. Aft Aft, Forsyth and Company, Inc. 4171 Main Street Jupiter, FL 33458 (561) 296-6680 May 2026 This Brochure Supplement provides information about Larry N. Aft that supplements the Aft, Forsyth and Company, Inc (“AFC”) Brochure (“Brochure”). You should have received a copy of that Brochure. Please contact Larry N. Aft at (561) 296-6680 or via email at larry@aftforsyth.net if you did not receive AFC’s Brochure or if you have any questions about the contents of this supplement. information about Larry N. Aft is available on the SEC’s website at Additional www.adviserinfo.sec.gov.  Item 2 - Educational Background and Business Experience Larry N. Aft, CPA, CFA (CRD #1747537) Year of Birth 1957 EDUCATION: Bachelor of Science in Business Administration (BSBA) with concentration in Accounting from University of Missouri in Columbia, MO (1980) EMPLOYMENT: President/Chief Compliance Officer - Aft, Forsyth and Company, Inc. (10/2005 to Present) CCO - Aft, Forsyth & Sober, LLC (01/01/2017 to Present) Member - Aft, Forsyth & Sober, LLC (01/2012 to Present) Managing Member - Aft, Forsyth & Bent, LLC (04/2008 to 06/2012) PROFESSIONAL DESIGNATIONS: Certified Public Accountant (March 1983) PROFESSIONAL DESIGNATION DISCLOSURES: CPAs are licensed and regulated by their state boards of accountancy. While state laws and regulations vary, the education, experience and testing requirements for licensure as a CPA generally include minimum college education (typically 150 credit hours with at least a baccalaureate degree and a concentration in accounting), minimum experience levels (most states require at least one year of experience providing services that involve the use of accounting, attest, compilation, management advisory, financial advisory, tax or consulting skills, all of which must be achieved under the supervision of or verification by a CPA), and successful passage of the Uniform CPA Examination. In order to maintain a CPA license, states generally require the completion of 40 hours of continuing professional education (CPE) each year (or 80 hours over a two year period or 120 hours over a three year period). Additionally, all American Institute of Certified Public Accountants (AICPA) members are required to follow a rigorous Code of Professional Conduct which requires that they act with integrity, objectivity, due care, competence, fully disclose any conflicts of interest (and obtain client consent if a conflict exists), maintain client confidentiality, disclose to the client any commission or referral fees, and serve the public interest when providing financial services. The vast majority of state boards of accountancy have adopted the AICPA’s Code of Professional Conduct within their state accountancy laws or have created their own.  PROFESSIONAL DESIGNATIONS: Chartered Financial Analyst (September 1991) PROFESSIONAL DESIGNATION DISCLOSURES: The CFA® Charter is a globally recognized, graduate-level investment credential. Earning it demonstrates a commitment to professional ethics and expertise with the broad range of skills needed for competitive careers in the investment profession. To earn a CFA charter, one must have four years of qualified investment work experience, become a member of CFA Institute, pledge to adhere to the CFA Institute Code of Ethics and Standards of Professional Conduct on an annual basis, apply for membership to a local CFA member society, and complete the CFA Program. CFA Program curriculum topics: • Ethical and professional standards • Quantitative methods • Economics • Financial reporting and analysis • Corporate finance • Equity investments • Fixed income • Derivatives • Alternative investments • Portfolio management and wealth planning A commitment to professional ethics is at the core of CFA Institute. CFA Institute members and CFA Program candidates are subject to professional conduct enrollment/admission criteria and must comply with the Code and Standards. Additionally, members must annually complete and sign a Professional Conduct Statement, disclosing any allegations of professional misconduct. Item 3 - Disciplinary Information Aft, Forsyth and Company, Inc. is required to disclose all material facts regarding any legal or disciplinary events that would be material to your evaluation of Larry N. Aft. No events have occurred that are applicable to this Item.  Item 4 - Other Business Activities Larry N. Aft is a Member, CCO and currently licensed as investment adviser representative of an affiliated investment adviser, Aft, Forsyth & Sober, LLC. He spends approximately 25% of his time. Other than what is discussed above, he is not actively engaged in any other investment-related business or occupation, nor does he have an application pending to register as a broker-dealer, registered representative of a broker-dealer, futures commission merchant (“FCM”), commodity pool operator (“CPO”), commodity trading advisor (“CTA”), or an associated person of an FCM, CPO, or CTA. Additionally, he is not actively engaged in any other business or occupation for compensation, nor is he actively engaged in other business activity or activities that provide a substantial source of income or involve a substantial amount of time. Item 5 - Additional Compensation Larry N. Aft does not receive economic benefit, including sales awards, other prizes, and any bonus that is based, at least in part, on the number or amount of sales, client referrals, or new accounts, for providing advisory services. Item 6 - Supervision Aft, Forsyth and Company, Inc. has adopted, and periodically updates, the compliance manual that outlines for each employee the various rules and regulations they are required to adhere to. AFC has appointed a Chief Compliance Officer who reviews and monitors employee activity with respect to the rules and regulations. In addition, AFC has adopted a Code of Ethics that requires each employee to act in the best interest of clients at all times. Should you have questions related to these activities, please contact Larry N. Aft, Chief Compliance Officer at (561) 296-6680 or via email at larry@aftforsyth.net.