Ascendor Wealth, LLC

Form ADV Part 2A & 2B 07/03/2026 This brochure provides information about the qualifications and business practices of Ascendor Wealth, LLC. If you have any questions about the contents of this brochure, please contact us at (910) 790-0122. The information in this brochure has not been approved or verified by the United State Securities and Exchange Commission or by any state securities authority. Additional information about Ascendor Wealth, LLC also is available on the SEC’s website at www.adviserinfo.sec.gov. 5700 Oleander Drive Wilmington, NC 28403 P (910) 790-0122 F (888) 761-7577 www.ascendorwealth.com  MATERIAL CHANGES Since our last required annual amendment to this disclosure brochure was filed in March 2026, the following change has been made to this disclosure brochure: • In July 2026 the firm removed the reference of Christopher Hadden Louk. 2  TABLE OF CONTENTS MATERIAL CHANGES ................................................................................................................... 2 TABLE OF CONTENTS .................................................................................................................. 3 INTRODUCTION ............................................................................................................................. 4 ADVISORY SERVICES ................................................................................................................... 5 FEES ............................................................................................................................................. 10 PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT ..................................... 13 TYPES OF CLIENTS .................................................................................................................... 13 TYPES OF INVESTMENTS .......................................................................................................... 13 METHODS OF ANALYSIS, SOURCES OF INFORMATION AND INVESTMENT STRATEGIES ....................................................................................................................................................... 13 DISCIPLINARY INFORMATION ................................................................................................... 14 EDUCATION AND BUSINESS STANDARDS ............................................................................. 14 OTHER FINANCIAL INDUSTRY ACTIVITIES OR AFFILIATIONS ............................................. 18 CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS ................ 19 BROKERAGE PRACTICES ......................................................................................................... 20 REVIEW OF ACCOUNTS AND SUPERVISION .......................................................................... 20 CLIENT REFERRALS AND OTHER COMPENSATION.............................................................. 20 CUSTODY ..................................................................................................................................... 21 INVESTMENT OR BROKERAGE DISCRETION ......................................................................... 21 VOTING CLIENT SECURITIES .................................................................................................... 21 FINANCIAL INFORMATION ......................................................................................................... 21 3  INTRODUCTION Ascendor Wealth, LLC (hereinafter “Ascendor” or the “Firm”) offers wealth management services to individuals, trusts, estates, charitable organizations, pension and profit sharing plans, banks or thrift institutions, corporations, and other business entities. The Firm’s services and fee arrangements are described in the following pages. Ascendor is a limited liability company formed under the laws of the state of North Carolina. This narrative provides clients with information regarding Ascendor and the qualifications, business practices, and nature of advisory services that should be considered before becoming an advisory client of Ascendor. If our clients have any additional questions or concerns, they should contact Brandon Dembowiak at (910) 790-0122. Additional information about Ascendor is available on the Internet at www.adviserinfo.sec.gov. You can search this site by a unique identifying number, known as a CRD number. The CRD number for Ascendor is 148969. 4  ADVISORY SERVICES Ascendor is owned by Dembo Management, Inc. (49%) and Lord and Graves, Inc. (50%). Dembo Management, Inc is a North Carolina Corporation that is 100% owned by Brandon Dembowiak, and Lord and Graves is a North Carolina Corporation that is 100% owned by Ricky E. Graves. The Firm was established in September 2008. Ascendor is a fee-based advisory firm that engages in comprehensive, modular and consultative financial planning services. Financial planning and consulting services will typically involve providing a variety of services, principally advisory in nature, to clients regarding the management of their financial resources based upon an analysis of their individual needs. An Investment Advisor Representative (“IAR”) of Ascendor will first conduct a complimentary initial consultation. During or after the initial consultation, if the Client decides to engage the Firm for financial planning services, additional discussions will be conducted during which pertinent information about the client’s financial circumstances and objectives will be collected. Once such information has been reviewed and analyzed, a dynamic financial plan designed to achieve the client’s stated financial goals and objectives will be presented to the client using the Firm's software program. The primary objective of this process is to allow the Firm to assist the client in developing a strategy for the successful management of income, assets and liabilities in meeting the client’s financial goals and objectives. The Firm provides investment supervisory services to our clients on an ongoing basis and financial planning services are provided to Clients as part of the asset management fees. Clients are also permitted to impose restrictions on investing in certain securities or types of securities (“social investing”). These restrictions must be communicated to the advisor and the advisor must be given a reasonable amount of time to implement the restrictions. Ascendor manages its accounts on a discretionary basis unless otherwise stated in an investment advisory agreement. Asset Management Services Ascendor Wealth, LLC (also referred to as “Ascendor” or “Advisor” in this brochure) participates in SEI Investments Management Corporation’s Sub-Advised Program. (the “SEI Program”). The SEI Program is an institutional asset allocation program that the Advisor uses in the management of assets for client accounts. If you enroll in the SEI Asset Management Program, Advisor will assist you in the establishment of a SEI Program Account (the Account) at SEI Trust Company (SEI). All Account transactions are processed and cleared through SEI. The SEI Program uses asset allocation portfolios developed by SEI Investments. The portfolios consist of SEI Family of Institutional Mutual Funds (Mutual Funds) and other securities approved by SEI to be held in an account. The SEI Program uses the Portfolio Managers selected and subject to oversight by SEI and who have entered into a sub-advisory agreement with SEI. Ascendor Wealth will provide SEI with the asset allocation policy that you select for your account. Advisor will direct SEI to reallocate your investments in accordance with your Asset Allocation Policy. In addition, we will direct SEI to rebalance the investments 5  within your account at least quarterly so that the market value of the shares of each mutual fund held in your account is the same percentage of the total market value of your account as required by your Investment Policy Statement. SEI and its Portfolio Managers will have discretionary authority over the assets and transactions in the Account. SEI has the authority to replace a previously selected Portfolio Manager or SEI Fund without your prior approval. Custody of all SEI Program Client Account assets is held at SEI. Retirement Plan Services - Ascendor offers retirement plan services to retirement plan sponsors and to individual participants in retirement plans. For a corporate sponsor of a retirement plan, our retirement plan services can include, but are not limited to, the Non-Fiduciary Services Although an investment adviser is considered a fiduciary under the Investment Advisers Act of 1940 and required to meet the fiduciary duties as defined by the Advisers Act, the services listed here as non-fiduciary should not be considered fiduciary services for the purposes of ERISA since Advisor is not acting as a fiduciary to the Plan as the term “fiduciary” is defined in Section 3(21)(A)(ii) of ERISA. The exact suite of services provided to a client will be listed and detailed in the Qualified Retirement Plan Agreement. Ascendor provides clients with the following Non-Fiduciary Retirement Plan Consulting Services: • Participant Education. Ascendor will provide education services to Plan participants about general investment principles and the investment alternatives available under the Plan. Ascendor’s assistance in participant investment education will be consistent with and within the scope of DOL Interpretive Bulletin 96-1. Education meetings will not take into account the individual circumstances of each participant and individual recommendations will not be provided unless otherwise agreed upon. Plan participants are responsible for implementing transactions in their own accounts. • Participant Enrollment. Ascendor will assist you with group enrollment meetings designed to increase retirement plan participation among employees and investment and financial understanding by the employees. • Qualified Plan Development. Ascendor will assist you with the establishment of a qualified plan by working with you and a selected Third Party Administrator. If you have not already selected a Third Party Administrator, we shall assist you with the review and selection of a Third Party Administrator for the Plan. • Due Diligence Review. Ascendor will provide you with periodic due diligence reviews of your Plan’s fees and expenses and your Plan’s service providers. 6  We can also meet with individual participants to discuss their specific investment risk tolerance, investment time frame and investment selections. Securities and other types of investments all bear different types and levels of risk. Those risks are typically discussed with clients in defining the investment policies and objectives that will guide investment decisions for their qualified plan accounts. Upon request, as part of our retirement plan services, we can discuss those investments and investment strategies that we believe may tend to reduce these risks for a particular client’s circumstances and plan participants. Clients and plan participants must realize that obtaining higher rates of return on investments entails accepting higher levels of risk. Based upon discussions with the client, we will attempt to identify the balance of risks and rewards that is appropriate and comfortable for the client and other employees. It is still the clients’ responsibility to ask questions if the client does not fully understand the risks associated with any investment. All plan participants are strongly encouraged to read prospectuses, when applicable, and ask questions prior to investing. We strive to render our best judgment for clients. Still, Ascendor cannot assure that investments will be profitable or assure that no losses will occur in their portfolios. Past performance is an important consideration with respect to any investment or investment advisor, but it is not necessarily an accurate predictor of future performance. Ascendor will disclose, to the extent required by ERISA Regulation Section 2550.408b- 2(c), to you any change to the information that we are required to disclose under ERISA Regulation Section 2550.408b-2(c)(1)(iv) as soon as practicable, but no later than sixty (60) days from the date on which we are informed of the change (unless such disclosure is precluded due to extraordinary circumstances beyond our control, in which case the information will be disclose as soon as practicable). In accordance with ERISA Regulation Section 2550.408b-2(c)(vi)(A), we will disclose within thirty (30) days following receipt of a written request from the responsible plan fiduciary or Plan Administrator (unless such disclose is precluded due to extraordinary circumstances beyond our control, in which case the information will be disclosed as soon as practicable) all information related to the Qualified Retirement Plan Agreement and any compensation or fees received in connection with the Agreement that is required for the Plan to comply with the reporting and disclosure requirements of Title 1 of ERISA and the regulations, forms and schedules issued thereunder. If we make an unintentional error or omission in disclosing the information required under ERISA Regulation Section 2550.408b-2(c)(1)(iv) or (vi), we will disclose to you the correct information as soon as practicable, but no later than thirty (30) days from the date on which we learns of such error or omission Retirement Plan Rollover Recommendations - When Ascendor provides investment advice about your retirement plan account or individual retirement account (“IRA”) 7  including whether to maintain investments and/or proceeds in the retirement plan account, roll over such investment/proceeds from the retirement plan account to a IRA or make a distribution from the retirement plan account, we acknowledge that Ascendor is 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. The way Ascendor makes money creates conflicts with your interests so Ascendor operates under a special rule that requires Ascendor to act in your best interest and not put our interest ahead of you. Under this special rule’s provisions, Ascendor must as a fiduciary to a retirement plan account or IRA under ERISA/IRC: • • • • • • Meet a professional standard of care when making investment recommendations (give prudent advice); Never put the financial interests of Ascendor ahead of you when making recommendations (give loyal advice); Avoid misleading statements about conflicts of interest, fees, and investments; Follow policies and procedures designed to ensure that Ascendor gives advice that is in your best interest; Charge no more than is reasonable for the services of Ascendor and Give Client basic information about conflicts of interest. To the extent we recommend you roll over your account from a current retirement plan account to an individual retirement account managed by Ascendor, please know that Ascendor and our investment adviser representatives have a conflict of interest. We can earn increased investment advisory fees by recommending that you roll over your account at the retirement plan to an IRA managed by Ascendor. We will earn fewer investment advisory fees if you do not roll over the funds in the retirement plan to an IRA managed by Ascendor. Thus, our investment adviser representatives have an economic incentive to recommend a rollover of funds from a retirement plan to an IRA which is a conflict of interest because our recommendation that you open an IRA account to be managed by our firm can be based on our economic incentive and not based exclusively on whether or not moving the IRA to our management program is in your overall best interest. We have taken steps to manage this conflict of interest. We have adopted an impartial conduct standard whereby our investment adviser representatives will (i) provide investment advice to a retirement plan participant regarding a rollover of funds from the 8  retirement plan in accordance with the fiduciary status described below, (ii) not recommend investments which result in Ascendor receiving unreasonable compensation related to the rollover of funds from the retirement plan to an IRA, and (iii) fully disclose compensation received by Ascendor and our supervised persons and any material conflicts of interest related to recommending the rollover of funds from the retirement plan to an IRA and refrain from making any materially misleading statements regarding such rollover. When providing advice to a retirement plan account or IRA, our investment advisor representatives will act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like goals, based on the investment objectives, risk, tolerance, financial circumstances, and a client’s needs, without regard to the financial or other interests of Ascendor or our affiliated personnel. Financial Planning and Consulting Services Financial plans are based on the client’s financial situation at the time the plan is presented and are based on the financial information disclosed by the client to the Firm. Clients are advised that certain assumptions may be made with respect to interest and inflation rates and the use of past trends and performance of the market and economy. Past performance is in no way an indication of future performance. Ascendor cannot offer any guarantees or promises that the client’s financial goals and objectives will be met. As the client’s financial situation, goals, objectives, or needs change, the client must notify the Firm promptly. The Client’s engagement of the Advisor includes reasonable access to legal expertise for both the Client and the Advisor. This reasonable access gives the Advisor the ability to consult with an affiliated law firm regarding planning questions and strategies for the Client. This access also allows the Client a reasonable amount of consultation directly with the law firm regarding legal questions at no additional charge. This access to the attorneys requires that the Client become a client of the law firm even though the Client is not paying any additional fee directly to the law firm. The Client may certainly continue to retain the services of any attorney they wish to use. Certain cases may be negotiable. In instances where a client requires assistance with an insurance product, Ascendor will provide the client with recommendations. When clients accept the implementation of an insurance product in their financial plan, Ascendor Wealth will be paid a commission by the insurance company. The client is under no obligation to use Ascendor Wealth, LLC for insurance purchases and will not receive any discount on other services for doing so. 9  Assets Under Management As of December 31, 2025, the Firm managed $145,590,518 of client assets. All client accounts are managed on a discretionary basis. FEES Asset Management Fees SEI Program Management Fees (management fees) are payable quarterly, in arrears, net of income, withholding or other taxes, based on assets under management at the end of the quarter. Management Fees are automatically deducted from your account. Each quarter, SEI sends you an account statement that includes a management fee notification which shows the computed fee, any adjustments to the fee, an explanation of any adjustment and the net management fee to be deducted later in the period from your account. Management fees are calculated and deducted by SEI who will forward Ascendor our portion of any management fees charged. You may terminate the SEI Program Account at any time by notifying Ascendor. Termination will be effective upon 30 days written notice to the other party. If services are terminated within five business days of executing the client agreement, services will be terminated without penalty. After the initial five business days, you may be responsible for payment of fees for the number of days services were provided by Ascendor prior to receipt of the notice of termination. Ascendor may invest a portion of your assets in mutual funds or exchange traded funds (ETFs). These products charge an investment management fee on client’s assets invested in these securities. Therefore, you will pay two separate fees for the management of these assets, one directly to Ascendor and one indirectly to the managers of the mutual funds or ETFs held in your portfolios. SEI or its Portfolio Managers may recommend leveraged ETFs. Asset Management Fee Schedule Ascendor charges fees as a percentage of assets under management. The following is the Firm’s tiered fee schedule: Ascendor Wealth, LLC Schedule One Management Fee Schedule Quarterly Management Fee* Assets Under Management Up to $1,000,000 $1,000,001-$3,000,000 $3,000,001-$5,000,000 $5,000,001-$10,000,000 $10,000,001 and Over 0.25% 0.20% 0.15% 0.10% 0.05% 10  * Minimum quarterly fee of $500, assets under management fee is calculated and billed quarterly at the end of quarter and offsets the minimum quarterly fee. Fees charged for our asset management services are negotiable based on the type of client, the complexity of the client's situation, the potential for additional account deposits, the relationship of the client with the investment adviser representative, and the total amount of assets under management for the client. The actual management fee to be charged will be specified in your client agreement If this Agreement is terminated before the end of a quarter, then the Management Fee will be prorated for the applicable period. There is a minimum quarterly fee of $500. This fee is offset by any Management Fees received. Any remaining balance will be invoiced directly to the Client. Under the SEI Program, the investor receives investment advisory services, the execution of securities brokerage transactions, custody services and reporting services for a single specified fee. Participation in the SEI Program may cost the participant more or less than purchasing such services separately. In addition, the fees may be higher or lower than that charged by other sponsors of comparable wrap fee programs. The aforementioned fees may be subject to a discount. Advice offered by Ascendor may involve investments in mutual funds. Clients are hereby advised that all fees paid to Ascendor for investment advisory services are separate and distinct from the fees and expenses charged by mutual funds (described in each fund’s prospectus) to their shareholders. These fees will generally include a management fee and other fund expenses. Further, there may be transaction charges involved with purchasing or selling of securities. Ascendor does not share in any portion of the brokerage fees/transaction charges imposed by the custodian holding the client funds or securities. The client should review all fees charged by mutual funds, Ascendor, and others to fully understand the total amount of fees to be paid by the client. Ascendor Wealth, LLC does not accept compensation for the sale of securities or other investment products (not including insurance). Ascendor’s representatives are held to a fiduciary standard. SEI may impose minimum account balances ranging from $25,000 to $1,000,000 depending upon the Managed Account Portfolio chosen and whether the investor selects the tax management feature. Retirement Plan Services For retirement plan sponsor clients, Ascendor will charge an annual fee that is calculated as a percentage of the value of plan assets. This fee is negotiable based upon the complexity of the plan, the size of the plan assets and the actual services requested. 11  If Ascendor charges an annual fee based upon the value of the plan assets, the Plan will be charged the following annual fee based upon the amount of Plan assets: Plan Assets Quarterly Management Fee $0 and over 0.0625% Employers will be subject to a $2,000 set up fee. charged to employer For retirement plan sponsors and participants, fees are billed in arrears (at the end of the billing period) on a monthly basis and calculated based on the fair market value of your account as of the last business day of the current billing period. Fees are prorated (based on the number of days service is provided during the initial billing period) for your account opened at any time other than the beginning of the billing period. Fee will be directly deducted from clients’ accounts. Clients are required to provide the custodian with written authorization to deduct the fees from the account and pay the fees to Ascendor. We will provide the custodian with a fee notification statement. Either party may terminate services by providing written notice of termination to the other party. If services are terminated within five business days of signing the client agreement, services are terminated without penalty. Any prepaid but unearned fees are promptly refunded to the client at the effective date of termination. Ascendor does not reasonably expect to receive any other compensation, direct or indirect, for its Services. If we receive any other compensation for such services, we will (i) offset that compensation against our stated fees, and (ii) will disclose the amount of such compensation, the services rendered for such compensation and the payer of such compensation to you. Financial Planning and Consulting Fees: Financial Planning and Consulting Services are provided to asset management clients at no additional costs. Clients needing individualized consultation services or have a special circumstance that would require a more project based financial planning engagement would be eligible for our fixed fee based Financial Planning and Consulting Services. Ascendor provides financial planning and consulting services under a fixed fee arrangement. A mutually agreed upon fixed fee is charged for financial planning services under this arrangement. There is a range in the amount of the fixed fee charged by Ascendor for financial planning services. The minimum fixed fee is generally $2,000, and the maximum fixed fee is generally up to $500,000. Annual consulting fee fees is excess of the stated maximum can be charged based upon the complexity of the clients situation. The actual fixed fee for your engagement is specified in your financial client agreement with Ascendor. 12  The fees for the financial planning and consulting services are negotiable at our sole discretion. The financial planning and consulting services terminate upon delivery of the written financial plan or upon either party providing the other party with written notice of termination. If you terminate the financial planning and consulting services after entering into an agreement with us, you will be responsible for immediate payment of any services performed by Ascendor prior to the receipt by Ascendor of your notice of termination. For services performed by Ascendor under a fixed fee arrangement, you will pay Ascendor a pro-rated fixed fee equivalent to the percentage of work completed by Ascendor as determined by Ascendor. In the event that there is a remaining balance of any fees paid in advance after the deduction of fees from the final invoice, those remaining proceeds will be refunded by Ascendor to you. PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT Ascendor and its representatives do not accept performance-based fees. TYPES OF CLIENTS Ascendor Wealth, LLC offers investment advisory services to individuals, trusts, estates, charitable organizations, pension and profit sharing plans, banks or thrift institutions, corporations, and other business entities. Ascendor and/or SEI may impose a minimum account size, depending on the SEI Program. However, in its sole discretion, Ascendor and/or SEI may waive the minimum requirement. The Firm may allow accounts of members of the same household to be aggregated for purposes of meeting the minimum account size. Ascendor 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 such as client owned entities. Types of Investments Ascendor offers advice on equities, corporate debt securities (bonds), CDs, municipal securities, mutual funds, ETFs, government securities, promissory notes, LLC interests and any type of investment held in a client’s portfolio at the inception of the advisory relationship. In addition, Ascendor reserves the right to advise on any other type of investment that it deems appropriate based on the client’s stated goals and objectives. Methods of Analysis, Sources of Information and Investment Strategies The Firm applies fundamental, technical, and cyclical analysis when performing a security analysis of a client’s portfolio. Ascendor also relies on methodology and strategies employed by the selected asset managers. 13  Ascendor uses sources of information such as financial newspapers and magazines, corporate rating systems, annual reports, prospectuses, and filings with the Securities and Exchange Commission. Ascendor does not represent, warrant, or imply that the services or methods of analysis employed by the Firm can or will predict future results, successfully identify market tops or bottoms, or insulate clients from losses due to market corrections or declines. Investing in securities involves risk of loss that clients should be prepared to bear. Clients individually assessed risk tolerance, goals, and individual circumstances will determine the techniques implemented in each individual case. The Firm uses a variety of investment strategies when implementing advice given to clients. This could include long term purchases (securities held at least a year), short term purchases (securities sold within a year), trading (securities sold within 30 days) and potential implementation of alternative strategies such as short sales, margin transactions, hedges, and options through various money managers or mutual funds. DISCIPLINARY INFORMATION As of the filing of this brochure, Ascendor is pleased to report that neither the Firm nor any of its affiliates have any disciplinary events to report. EDUCATION AND BUSINESS STANDARDS Investment Advisor Representatives (“IARs”) of Ascendor are required to have a series 7 and 66 or Series 65 FINRA license. In addition, IARs are required to meet all examination or experience requirements of the state(s) and/or jurisdiction(s) in which the individual provides advisory services. It is preferred that IARs obtain the CFP® certification in addition to the base standards. Education and Business Background Ricky Edward Graves, CFP® Year of Birth: 1969 Formal Education after High School - University of Akron, JD and Masters in Taxation, 1997 - Clearwater Christian College, BA (Summa Cum Laude), 1993 Business Background for the Previous Five Years: - Ascendor Wealth, LLC, Manager, 09/2008 to Present - Graves Law, PLLC dba Maverick Law (Formerly Graves May, PLLC), Manager/Member, 07/2013 to Present - Parlay Holdings, Manager, 09/2022 to 08/2024 - Sicarius, LLC, Manager/Member, 07/2013 to Present - WGAP, LLC, Manager/Member, 01/2005 to Present - Dormie, LLC, Manager/Member, 9/2018 to Present - CG Solutions NC, LLC, Manager, 11/2018 to Present - Delia Management, Inc. - Shareholder/President - 12/ 2019 to Present 14  - WisdomCrest, Inc. - Shareholder/President - 6/2020 to 12/2023 - Lord and Graves, Inc., Shareholder/President , 12/2019 to Present - Cloudhesive, LLC, Member, 07/2014 to 05/2021 - LMG Capital Resources, LLC Manager/Member, 07/2014 to 12/2020 - DG Opportunity Group, LLC , Manager/Member, 05/2024 to Present 5700 Oleander Drive Wilmington, NC 28403 (910) 790-0122 rick@ascendorwealth.com Brandon Thomas Dembowiak, CFP® Year of Birth: 1986 Formal Education after High School - Pensacola Christian College – B.S. Finance & B.S. Business Management, 2009 Business Background for the Previous Five Years: - Ascendor Wealth, LLC, Manager/CCO, 05/2009 to Present - Parlay Holdings, Manager, 09/2022 to 8/2024 - Sicarius, LLC, Manager, 07/2013 to Present - Graves Law, PLLC dba Maverick Law (Formerly Graves May, PLLC), Consultant, 07/2013 to Present - Dormie, LLC, Manager, 9/2018 to Present - Dembo Management, President, 12/2020 to Present 8006 Linville Road, Suite B Oak Ridge, NC 27310 (336) 218-6677 brandon@ascendorwealth.com Keith Lyman Carter, CFP® Year of Birth: 1953 Formal Education after High School - Wake Forest University, BS, 1975 - University of North Carolina- Wilmington, MBA, 1985 Business Background for the Previous Five Years: - Ascendor Wealth, LLC, IAR, 02/2011 to Present - Graves May, PLLC, Consultant, 07/2013 to 10/2024 5700 Oleander Drive Wilmington, NC 28403 (910) 790-0122 keith@ascendorwealth.com Kevin Todd May Year of Birth: 1981 15  Formal Education after High School - Campbell University, BBA, 2007 - Campbell University, JD, 2010 Business Background for the Previous Five Years: - Ascendor Wealth, LLC, IAR, 08/2014 to Present - Graves May, PLLC, Partner, 07/2013 to 10/2024 - Parlay Holdings, Manager, 09/2022 to Present - Sicarius, Manager, 07/2013 to 7/31/2024 - Dormie, LLC, Manager, 9/2018 to 7/31/2024 - Kevin May Attorney at Law, Inc, President, 11/01/2024 - Present 300 Judd Place Drive Fuqua-Varina, NC 27526 (919)710-8977 kevin@ascendorwealth.com Charles Nathan Goings, CFP® Year of Birth: 1987 Formal Education after High School - Ohio State University, BS, 2011 -Business Background for the Previous Five Years: - Ascendor Wealth, LLC, IAR, 09/2020 to Present - Prudential Insurance Company of America, Trainee, 06/2020 to 08/2020 - PRUCO Securities, Registered Representative, 04/2020 to 08/2020 5700 Oleander Drive Wilmington, NC 28403 (910) 790-0122 nathan@ascendorwealth.com Jared K. Graves Year of Birth: 1999 Jared K Graves has not received any higher education degrees after high school. -Business Background for the Previous Five Years: - Ascendor Wealth, LLC, Investment Advisor, 12/2025 to Present - U.S. Army, 68-W, 01/2018 to 01/2022 5700 Oleander Drive Wilmington, NC 28403 (910) 790-9944 jaredkgraves@gmail.com Certifications The CERTIFIED FINANCIAL PLANNER™, CFP® and federally registered CFP (with flame design) marks (collectively, the “CFP® marks”) are professional certification marks 16  granted in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: • Education – Complete an advanced college-level course of study addressing the financial planning subject areas that CFP Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board’s financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; • Examination – Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one’s ability to correctly diagnose financial planning issues and apply one’s knowledge of financial planning to real world circumstances; • Experience – Complete at least three years of full-time financial planning-related experience (or the equivalent, measured as 2,000 hours per year); and • Ethics – Agree to be bound by CFP Board’s Standards of Professional Conduct, a set of documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: • Continuing Education – Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and • Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. 17  CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board’s enforcement process, which could result in suspension or permanent revocation of their CFP® certification. OTHER FINANCIAL INDUSTRY ACTIVITIES OR AFFILIATIONS Mr. Graves and Mr. May are attorneys. Mr. Graves and Mr. May spend 80% of their time in their respective law firms. Mr. Graves, Mr. May and Mr. Dembowiak are also active managers of various real estate holding companies. Collectively they spend less than 1% of their time on these activities. Associated persons of Ascendor are also licensed as insurance agents whereby they may sell insurance products from a variety of product sponsors. As such, associated persons can effect transactions in insurance products for clients and earn commissions for these activities. However, clients are informed that they are under no obligation to transact insurance business through associated persons of Ascendor in their capacities as licensed insurance agents. Clients of the Firm may be referred to these related entities for legal and accounting services and clients are hereby advised that such fees are separate and apart from the advisory fees charged by the Firm. These related entities may not charge the lowest fees for the services rendered. Clients who have existing business with any of the related entities and are referred to Ascendor are given full disclosure of such conflicts of interest and sign disclosure statements acknowledging such conflicts before investment advisory agreement is signed. The Firm has seen the need to streamline communications between professionals to provide important services to the Client. We have created a comprehensive “team” or “family office” solution. It is more efficient because all professionals are working towards the same client goals and have a greater familiarity with the client and experience working with one another. We strongly believe that a professional “team” or “family office” concept of the financial planner, accountant, and attorney is in the best interest of our clients. However, your trust in us as your faithful and objective advisors must be given with full disclosure of precisely how this team works and how it may impact our objectivity or independence. Just as every professional is paid for their services, the affiliated law firm and/or accounting firm will also be paid for their services rendered to you. As promising as this “team” or “family” approach is, joint ownership of the affiliated firms is potentially a conflict of interest. Because of the ownership of the accounting firm and the law firm by some owners of Advisor, profit will exist, at least partially, from every client that engages the related accounting firm or law firm, in addition to any legal services and fees. The technical conflict is that we would be more likely to refer Client to the 18  affiliated firms since that would be more profitable for the mutual owners. Since we believe the team approach we have created is the best for most clients, it is true that we will refer clients to the affiliated firms if that is in the best interest of the client. As a registered investment advisor, we are ethically bound to do and recommend what is in your best interest (fiduciary); however, the ethics rules consider your engagement of the affiliated firms as a conflict of interest. For clarification, any fees and expenses incurred will be billed from the company rendering the services. You will never be double-billed for time spent where legal and financial or accounting advice may overlap. While we are happy to answer any questions you may have regarding the representation and services you will receive from these affiliated firms, you may also seek advice from independent legal counsel with any questions or concerns you may have regarding your representation by us. We value your trust and confidence more than anything in business and we are not willing to jeopardize that trust and confidence. If you feel that the conflicts presented in this statement will reduce your confidence in our objectivity or independence as your Advisor, then we request that you not engage the accounting firm or the law firm. We would then endeavor to work with the professionals you choose to hire. Ascendor does not have a related person that is an investment advisor. However, we may have relationships with non-affiliated investment advisors. Through the SEI Sub-Advisor Program we will invest client funds with portfolio available through the SEI Program. We monitor the client’s investments, and whether or not those investments are reflective of the risk tolerance, time horizon, and investment objective of the account. CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS Ascendor or individuals associated with Ascendor may buy or sell – for their personal account(s) – investment products identical to those recommended to Clients. It is the expressed policy of Ascendor that employees shall not have priority in any purchase or sale over client accounts. In accordance with compliance requirements, Ascendor maintains records of all IARs personal account transactions to ensure proper detection and review of any improper transactions which would create conflicts of interest. Ascendor has adopted a Code of Ethics, the full text of which is available to clients and prospective clients upon request. Ascendor has several goals in adopting this Code. First, the Firm desires to comply with all applicable laws and regulations governing its practice. The management of Ascendor has determined to set forth guidelines for professional standards, under which all associated persons of Ascendor are to conduct themselves. Ascendor has set high standards, the intention of which is to protect client interests at all times and to demonstrate its commitment to its fiduciary duties of honesty, good faith and fair dealing with clients. All associated persons are expected to adhere strictly to these guidelines, as well as the procedures for approval and reporting established in the Code of Ethics primarily related to personal securities transactions, and violations of the Code. In addition, Ascendor maintains and enforces written policies reasonably designed to 19  prevent the misuse of material non-public information by Ascendor or any person associated with the Firm. BROKERAGE PRACTICES Ascendor suggests that clients open brokerage and/or custodial accounts with SEI and/or its affiliates. Ascendor believes that SEI and/or its affiliates provide best execution to Ascendor’s clients. In seeking best execution, the determinative factor is not the lowest possible cost, but whether the transaction represents the best qualitative execution, taking into consideration the full range of a broker-dealer’s services, including among others, the value of research provided, execution capability, commission rates, and responsiveness. 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. Ascendor does not engage in soft dollar benefits. REVIEW OF ACCOUNTS AND SUPERVISION At least one qualified Investment Advisor Representative, will either periodically or continuously monitor SEI accounts, depending on the client, and will conduct an internal review of the accounts on at least a quarterly basis. Triggering factors that may stimulate a review include, but are not limited to, life changing events, change in employment status, family deaths or births, changes in a client’s investment objectives, income and cash flows, family status, disposition of assets, gifts or inheritances and health status. Ascendor attempts to meet with clients no less than annually to discuss the portfolio as well as any changes towards risk or goals which may have occurred since the last meeting. Clients will receive statements no less than quarterly. Brandon Dembowiak oversees all supervised persons in Ascendor Wealth, LLC. This includes, but not limited to, review of risk tolerance assessments, portfolio composition, tax circumstances, responsiveness to client communications, and regular update meetings. Statements and Reports Clients participating in the SEI Program will receive quarterly account statements, transaction ledgers and annual reports showing the investment performance of their account from SEI. CLIENT REFERRALS AND OTHER COMPENSATION As of the filing of this report, Ascendor does not have a solicitor agreement or any existing referral relationships with any other RIAs or individual IARs. Ascendor receives no economic benefit from outside persons in exchange for providing advisory services. 20  CUSTODY Clients should carefully review statements received from qualified custodians. Because some advisors at Ascendor have custody of client’s funds, clients should examine statements from the custodian closely to detect any additional fees or transactions that may have occurred without the client’s consent. INVESTMENT OR BROKERAGE DISCRETION Clients of the Firm grant Ascendor complete discretion over the selection and amount of securities to be purchased or sold for their account and the broker-dealer to be used without obtaining their prior consent or approval. However, Ascendor’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 and/or restrictions or prohibitions of transactions in the securities of a specific industry. VOTING CLIENT SECURITIES Without exception, Ascendor Wealth does not vote proxies on behalf of clients. All proxy materials received on behalf of a client account are to be sent directly to our client or a designated representative of the client, who is responsible for voting the proxy. Ascendor Wealth personnel may answer client questions regarding proxy-voting matters in an effort to assist the client in determining how to vote the proxy. However, the final decision of how to vote the proxy rests with the client. To the extent you are participating in the SEI Asset Management Program, SEI and the Portfolio Manager (if any) will have the authority to vote all proxies with respect to securities held in a Portfolio or account subject to SEI’s or a Portfolio Manager’s investment discretion, with the exception that SEI will not advise you regarding the voting of SEI Funds’ proxies or the proxies of any security selected by Ascendor. FINANCIAL INFORMATION Ascendor does not require or solicit prepayment of more than $1200 in fees per client, six months or more in advance. Ascendor does not have any financial condition that impairs our ability to meet contractual commitments to our clients. 21