ASHWORTH WEALTH, LLC

Item 1: Cover Page Part 2A of Form ADV: Firm Brochure February 2026 Ashworth Wealth, LLC 897 W. Baxter Dr. South Jordan, Utah 84095 www.ashworthwealth.com Firm Contact: Todd McChesney Chief Compliance Officer This brochure provides information about the qualifications and business practices of Ashworth Wealth, LLC. If clients have any questions about the contents of this brochure, please contact us at (801) 364-4400 or todd@ashworthwealth.com. 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 our firm is also available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD #116950. Please note that the use of the term “registered investment adviser” and description of our firm and/or our associates as “registered” does not imply a certain level of skill or training. Clients are encouraged to review this Brochure and Brochure Supplements for our firm’s associates who advise clients for more information on the qualifications of our firm and our employees.  Item 2: Material Changes Ashworth Wealth, LLC is required to make clients aware of information that has changed since the last annual update to the Firm Brochure (“Brochure”) and that may be important to them. Clients can then determine whether to review the brochure in its entirety or to contact us with questions about the changes. Since the last annual amendment filed on 02/24/2025, there are no material changes to disclose. ADV Part 2A – Firm Brochure Page 2 Ashworth Wealth, LLC  Item 3: Table of Contents Item 1: Cover Page .................................................................................................................................................................. 1 Item 2: Material Changes ...................................................................................................................................................... 2 Item 3: Table of Contents ..................................................................................................................................................... 3 Item 4: Advisory Business.................................................................................................................................................... 4 Item 5: Fees & Compensation ............................................................................................................................................. 6 Item 6: Performance-Based Fees & Side-By-Side Management ........................................................................... 9 Item 7: Types of Clients & Account Requirements .................................................................................................... 9 Item 8: Methods of Analysis, Investment Strategies & Risk of Loss ................................................................... 9 Item 9: Disciplinary Information .................................................................................................................................... 12 Item 10: Other Financial Industry Activities & Affiliations .................................................................................. 12 Item 11: Code of Ethics, Participation or Interest in ............................................................................................... 12 Client Transactions & Personal Trading ...................................................................................................................... 12 Item 12: Brokerage Practices ........................................................................................................................................... 13 Item 13: Review of Accounts or Financial Plans ....................................................................................................... 13 Item 14: Client Referrals & Other Compensation ..................................................................................................... 14 Item 15: Custody .................................................................................................................................................................... 15 Item 16: Investment Discretion ....................................................................................................................................... 15 Item 17: Voting Client Securities ..................................................................................................................................... 15 Item 18: Financial Information ........................................................................................................................................ 16 ADV Part 2A – Firm Brochure Page 3 Ashworth Wealth, LLC  Item 4: Advisory Business Our firm is dedicated to providing individuals and other types of clients with a wide array of investment advisory services. Our firm is a limited liability company formed under the laws of the State of Utah in 2008 and has been in business as an investment adviser since that time. Our firm is owned by Todd P. McChesney Financial, Inc. (33.33%), RST Consulting, Inc. (33.33%), and Robert M. Woods Financial, LLC (33.33%). The purpose of this Brochure is to disclose the conflicts of interest associated with the investment transactions, compensation and any other matters related to investment decisions made by our firm or its representatives. As a fiduciary, it is our duty to always act in the client’s best interest. This is accomplished in part by knowing our client. Our firm has established a service-oriented advisory practice with open lines of communication for many different types of clients to help meet their financial goals while remaining sensitive to risk tolerance and time horizons. Working with clients to understand their investment objectives while educating them about our process, facilitates the kind of working relationship we value. Types of Advisory Services Offered Comprehensive Wealth Management: Our Comprehensive Wealth Management service encompasses asset management as well as providing financial planning and/or financial consulting to clients. This service is designed to assist clients in meeting their financial goals through the use of a financial plan or consultation. Our firm conducts client meetings to understand their current financial situation, existing resources, financial goals, tolerance for risk, and any reasonable restrictions they wish to be imposed on the management of their account(s). Based on what is learned, an investment approach is presented to the client. This Platform approach may consist of the use of a third-party platform manager on the Osaic Wealth, Inc. (“Platform Manager”) or the use of a direct third-party money manager (“Asset Manager”) (referred together herein as “Third-Party Money Manager”). It is important for clients to understand that all investment advice and trading of securities will only be offered by or through a Third-Party Money Manager. Our firm will not offer advice on any specific securities or other investments in connection with this service. The Third-Party Money Manager we ultimately recommend to the client will invest primarily in individual stocks, no-load or low-load mutual funds and exchange-traded funds, usually through discount brokers or fund companies. The Fund companies charge each fund shareholder an investment management fee that is disclosed in the fund prospectus while the discount brokerages may charge a transaction fee for the purchase of some funds. Stocks and bonds may be purchased or sold through a brokerage account for clients by the Third-Party Money Manager when appropriate. The brokerage firm may charge a fee for stock and bond trades. Clients may also be invested in equities, warrants, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (variable life insurance, variable annuities, and mutual funds shares), U.S. government securities, options contracts, ETFs, futures contracts, interests in partnerships, hedge funds and futures. However, initial public offerings (IPOs) are not available through our firm. ADV Part 2A – Firm Brochure Page 4 Ashworth Wealth, LLC  Prior to referring clients to the Third-Party Money Manager, our firm will conduct initial due diligence on the Third-Party Money Manager and how they manage their client accounts to ensure it is a good fit. Following our firm’s referral to the Third-Party Money Manager, clients will be provided with a copy of the Third-Party Money Manager’s Form ADV documents (e.g., Form ADV 2A, Form ADV 2B, Form CRS) as well as a solicitation disclosure statement detailing the fees to be paid to both firms and the Third-Party Money Manager’s privacy policy. Our firm will periodically review Third-Party Money Manager reports provided to the client at least annually. Our firm will also contact clients from time to time in order to review their financial situation and objectives, communicate any changes in information to the Third-Party Money Manager, as warranted, and assist clients in understanding and evaluating the services provided by the Third-Party Money Manager. Clients will be expected to notify our firm of any changes in their financial situation, investment objectives, or account restrictions that could affect their financial standing. Financial Planning & Consulting: A financial plan may be designed to help the client with all aspects of financial planning without ongoing investment management after the financial plan is completed. The financial plan may include, but is not limited to: net worth statement, cash flow statement, review of investment accounts (including reviewing asset allocation and providing repositioning recommendations), strategic tax planning, review of retirement accounts and plans including recommendations, review of insurance policies and recommendations for changes (if necessary), one or more retirement scenarios, and estate planning review and recommendations. The scope of work and fee for a Financial Planning Agreement is provided to the client in writing prior to the start of the relationship. Retirement Plan Consulting: • Our firm provides retirement plan consulting services to employer plan sponsors on an ongoing basis. Generally, such consulting services consist of assisting employer plan sponsors in establishing, monitoring and reviewing their company's participant-directed retirement plan. As the needs of the plan sponsor dictate, areas of advising could include: investment options, plan structure and participant education. Retirement Plan Consulting services typically include: • • • Establishing an Investment Policy Statement – Our firm will assist in the development of a statement that summarizes the investment goals and objectives along with the broad strategies to be employed to meet the objectives. Investment Options – Our firm will work with the Plan Sponsor to evaluate existing investment options and make recommendations for appropriate changes. Asset Allocation and Portfolio Construction – Our firm will develop strategic asset allocation models to aid Participants in developing strategies to meet their investment objectives, time horizon, financial situation and tolerance for risk. Investment Monitoring – Our firm will monitor the performance of the investments and notify the client in the event of over/underperformance and in times of market volatility. In providing services for retirement plan consulting, our firm does not provide any advisory services with respect to the following types of assets: employer securities, real estate (excluding real estate ADV Part 2A – Firm Brochure Page 5 Ashworth Wealth, LLC  funds and publicly traded REITS), participant loans, non-publicly traded securities or assets, other illiquid investments, or brokerage window programs (collectively, “Excluded Assets”). All retirement plan consulting services shall be in compliance with the applicable state laws regulating retirement consulting services. This applies to client accounts that are retirement or other employee benefit plans (“Plan”) governed by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). If the client accounts are part of a Plan, and our firm accepts appointment to provide services to such accounts, our firm acknowledges its fiduciary standard within the meaning of Section 3(21) or 3(38) of ERISA as designated by the Retirement Plan Consulting Agreement with respect to the provision of services described therein. Tailoring of Advisory Services Our firm offers general investment advice to our Comprehensive Wealth Management, Financial Planning & Consulting, and Retirement Plan Consulting clients. On more than an occasional basis, Ashworth Wealth, LLC furnishes advice to clients on matters not involving securities, such as financial planning matters, taxation issues, and trust services that often include estate planning. Each Comprehensive Wealth Management client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may not be possible due to the level of difficulty this would entail in managing the account. Participation in Wrap Fee Programs Our firm does not offer or sponsor a wrap fee program. Regulatory Assets Under Management Our firm manages $0 on a discretionary basis and $377,751,050 on a non-discretionary basis as of December 31, 2025. Item 5: Fees & Compensation Compensation for Our Advisory Services Comprehensive Wealth Management: The maximum total annual advisory fee for this service shall not exceed 2.00%. A portion of this fee will be paid to our firm by the Third-Party Money Manager. The ultimate fee to be charged as well as the billing cycle will be outlined in the Statement of Investment Selection (“SIS”) or the Investment Advisory Agreement provided the Third-Party Money Manager. Our firm’s portion of the advisory fee will never be more than 1.25% per annum and will be detailed in the SIS or the Investment Advisory Agreement provided the Third-Party Money Manager. ADV Part 2A – Firm Brochure Page 6 Ashworth Wealth, LLC  Annualized fees are billed on a pro-rata basis quarterly, either in advance or arrears, based on the value of the account(s) on the last day of the previous quarter. Our firm bills on cash unless indicated otherwise in writing. Clients will be billed in advance or arrears depending on the Third-Party Money Manager selected. Fees are negotiable and will be deducted from client account(s) by the Third-Party Money Manager. Our firm does not offer direct invoicing. As part of this process, clients understand the following: a) b) c) d) The client’s independent custodian sends statements at least quarterly showing the market values for each security included in the Assets and all account disbursements, including the amount of the advisory fees paid to our firm; Clients will provide authorization permitting the Third-Party Money Manager to be directly paid by these terms; The Third-Party Money Manager calculates the advisory fee and deducts them from the client’s account; and If our firm sends a copy of our invoice to the client, a legend urging the comparison of information provided in our statement with those from the qualified custodian will be included. Financial Planning & Consulting: Our firm charges on a flat fee or hourly fee basis for stand-alone Financial Planning & Consulting services. Financial plans are priced according to the degree of complexity associated with the client’s situation. The ultimate fee we charge you will be detailed in the Financial Planning Agreement. Our flat fees range from $1,000 to $50,000, and the maximum hourly fee to be charged will not exceed $300. Basic Financial Plans for families will be priced at $1,000 - $5,000, Financial Plans for Businesses will be priced at $5,000 - $15,000, and Complex and multifaceted Financial Plans will be priced at $15,000 to $50,000. Fees are NEGOTIABLE. The fee for a financial plan is predicated upon the facts known at the start of the engagement. Fees are commonly negotiated where multiple family accounts are involved. Since financial planning is a discovery process, situations occur wherein the client is unaware of certain financial exposures or predicaments. Our firm will not require a retainer exceeding $1,200 when services cannot be rendered within 6 months. Retirement Plan Consulting: Our Retirement Plan Consulting services are billed on an hourly or flat fee basis or a fee based on the percentage of Plan assets under management. The total estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our engagement with the client. Our flat fees range from $1,000 to $20,000. The maximum hourly fee to be charged will not exceed $300. Fees based on a percentage of managed Plan assets will not exceed 1.00% and are billed on a pro-rata basis either monthly or quarterly in arrears based on the value of the account(s) on the last day of the month or quarter. The fee-paying arrangements will be determined on a case-by-case basis and will be detailed in the signed consulting agreement. Investment management fees for 401k plans are billed monthly or quarterly, in ARREARS, meaning accounts are invoiced at the end of the month or three-month billing period. ADV Part 2A – Firm Brochure Page 7 Ashworth Wealth, LLC  Other Types of Fees & Expenses Custodians may charge transaction fees on purchases or sales of certain mutual funds and exchange- traded funds via individual transaction charges. These transaction charges are usually small and incidental to the purchase or sale of a security. However, certain custodial platforms offered by custodians that custody our Clients’ assets such as Charles Schwab & Co., Inc. (“Schwab”), and Fidelity Brokerage Services (“Fidelity”) have eliminated transaction fees for U.S. listed equities and exchange traded funds. Fidelity requires that Clients opt into electronic delivery of statements or maintain at least $1 million in assets at Fidelity in order to avoid transaction costs. Termination & Refunds Either party may terminate the advisory agreement signed with our firm for Comprehensive Wealth Management service in writing at any time. Upon notice of termination from clients who are billed quarterly in advance, the Third-Party Money Manager will process a pro-rata refund of the unearned portion of the advisory fees charged in advance. Upon notice of termination from clients billed quarterly in arrears, pro-rata advisory fees for services rendered to the point of termination will be charged. If advisory fees cannot be deducted, our firm will send an invoice for due advisory fees to the client. Financial Planning & Consulting clients may terminate their agreement at any time before the delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work performed by us up to the point of termination shall be calculated at the hourly fee currently in effect. Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our firm. Our firm reserves the right to stop work on any account that is more than 30 days overdue. In addition, our firm reserves the right to terminate any financial planning engagement where a client has willfully concealed or has refused to provide pertinent information about financial situations when necessary and appropriate, in our firm’s judgment, to providing proper financial advice. Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing written notice to the Record Keeper. Upon receipt of the notice to terminate, the Record Keeper will charge the client on a pro-rata basis, which takes into account work completed by our firm on behalf of the client up to the point of termination and such fees will be due and payable. Commissionable Securities Sales Representatives of our firm are registered representatives, as well as Investment Advisor Representatives of Osaic Wealth, Inc. (“OW”), member FINRA/SIPC, and a Registered Investment Advisor. As such they are able to accept compensation for the sale of securities or other investment products, including distribution or service (“trail”) fees. Clients should be aware that the practice of accepting commissions for the sale of securities presents a conflict of interest and gives our firm and/or our representatives an incentive to recommend investment products based on the compensation received. Our firm generally addresses commissionable sales conflicts that arise when explaining to clients these sales create an incentive to recommend based on the compensation to be earned and/or when recommending commissionable mutual funds, explaining that “no-load” funds are also available. Our firm does not prohibit clients from purchasing recommended investment products through other unaffiliated brokers or agents. ADV Part 2A – Firm Brochure Page 8 Ashworth Wealth, LLC  Our firm does not charge advisory fees in addition to commissions or markups. Item 6: Performance-Based Fees & Side-By-Side Management . Our firm does not charge performance-based fees Item 7: Types of Clients & Account Requirements Our firm has the following types of clients: • • Individuals and High Net Worth Individuals; Pension and Profit-Sharing Plans; • Our requirements for opening and maintaining accounts or otherwise engaging us: • Our firm requires a minimum account balance of $500,000 for our Comprehensive Wealth Management service. However, our firm, in its sole discretion may waive this requirement. The minimum annual investment advisory fee for our Comprehensive Wealth Management service is $5,000.00. However, legacy client relationships may exist where the fees are lower. Further, our firm’s management, in its sole discretion, may waive this minimum fee and/or charge a lesser investment advisory fee based upon certain criteria (e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, negotiations with clients, etc.). Item 8: Methods of Analysis, Investment Strategies & Risk of Loss Methods of Analysis Securities analysis methods rely on the assumption that the companies whose securities are purchased and/or sold, the rating agencies that review these securities, and other publicly available sources of information about these securities, are providing accurate and unbiased data. While our firm is alert to indications that data may be incorrect, there is always a risk that our firm’s analysis may be compromised by inaccurate or misleading information. Charting: In this type of technical analysis, our firm reviews charts of market and security activity in an attempt to identify when the market is moving up or down and to predict how long the trend may last and when that trend might reverse. Cyclical Analysis: Statistical analysis of specific events occurring at a sufficient number of relatively predictable intervals that they can be forecasted into the future. Cyclical analysis asserts that cyclical forces drive price movements in the financial markets. Risks include that cycles may invert or disappear and there is no expectation that this type of analysis will pinpoint turning points, instead be used in conjunction with other methods of analysis. ADV Part 2A – Firm Brochure Page 9 Ashworth Wealth, LLC  Fundamental Analysis: The analysis of a business's financial statements (usually to analyze the business's assets, liabilities, and earnings), health, and its competitors and markets. When analyzing a stock, futures contract, or currency using fundamental analysis there are two basic approaches one can use: bottom up analysis and top down analysis. The terms are used to distinguish such analysis from other types of investment analysis, such as quantitative and technical. Fundamental analysis is performed on historical and present data, but with the goal of making financial forecasts. There are several possible objectives: (a) to conduct a company stock valuation and predict its probable price evolution; (b) to make a projection on its business performance; (c) to evaluate its management and make internal business decisions; (d) and/or to calculate its credit risk.; and (e) to find out the intrinsic value of the share. When the objective of the analysis is to determine what stock to buy and at what price, there are two basic methodologies investors rely upon: (a) Fundamental analysis maintains that markets may misprice a security in the short run but that the "correct" price will eventually be reached. Profits can be made by purchasing the mispriced security and then waiting for the market to recognize its "mistake" and reprice the security.; and (b) Technical analysis maintains that all information is reflected already in the price of a security. Technical analysts analyze trends and believe that sentiment changes predate and predict trend changes. Investors' emotional responses to price movements lead to recognizable price chart patterns. Technical analysts also analyze historical trends to predict future price movement. Investors can use one or both of these different but complementary methods for stock picking. This presents a potential risk, as the price of a security can move up or down along with the overall market regardless of the economic and financial factors considered in evaluating the stock. Technical Analysis: A security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. A fundamental principle of technical analysis is that a market's price reflects all relevant information, so their analysis looks at the history of a security's trading pattern rather than external drivers such as economic, fundamental and news events. Therefore, price action tends to repeat itself due to investors collectively tending toward patterned behavior – hence technical analysis focuses on identifiable trends and conditions. Technical analysts also widely use market indicators of many sorts, some of which are mathematical transformations of price, often including up and down volume, advance/decline data and other inputs. These indicators are used to help assess whether an asset is trending, and if it is, the probability of its direction and of continuation. Technicians also look for relationships between price/volume indices and market indicators. Technical analysis employs models and trading rules based on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market and intra-market price correlations, business cycles, stock market cycles or, classically, through recognition of chart patterns. Technical analysis is widely used among traders and financial professionals and is very often used by active day traders, market makers and pit traders. The risk associated with this type of analysis is that analysts use subjective judgment to decide which pattern(s) a particular instrument reflects at a given time and what the interpretation of that pattern should be. Investment Strategies We Use The primary investment strategy used on client accounts is structured asset allocation. This means that we use passively managed index, asset class funds, and exchange-traded funds as the core investments, and may add actively managed funds where there may be other opportunities within the client’s overall risk tolerances. Portfolios are generally globally diversified to control the risk associated with traditional markets. ADV Part 2A – Firm Brochure Page 10 Ashworth Wealth, LLC  The investment strategy for a specific client is based upon the objectives stated by the client during consultations. The client may change these objectives at any time. Other strategies may include long- term purchases, short-term purchases, and margin transactions. Cash & Cash Equivalents: Cash and cash equivalents generally refer to either United States dollars or highly liquid short-term debt instruments such as, but not limited to, treasury bills, bank CD’s and commercial papers. Generally, these assets are considered nonproductive and will be exposed to inflation risk and considerable opportunity cost risk. Investments in cash and cash equivalents will generally return less than the advisory fee charged by our firm. Our firm may recommend cash and cash equivalents as part of our clients’ asset allocation when deemed appropriate and in their best interest. Our firm considers cash and cash equivalents to be an asset class. Therefore, our firm assess an advisory fee on cash and cash equivalents unless indicated otherwise in writing. Risk of Loss Investing in securities involves risk of loss that clients should be prepared to bear. While the stock market may increase and the account(s) could enjoy a gain, it is also possible that the stock market may decrease, and the account(s) could suffer a loss. It is important that clients understand the risks associated with investing in the stock market, and that their assets are appropriately diversified in investments. Clients are encouraged to ask our firm any questions regarding their risk tolerance. Description of Material, Significant or Unusual Risks All investment programs have certain risks that are borne by the investor. Our investment approach constantly keeps the risk of loss in mind. Investors face the following investment risks: • • • • • • Interest-Rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political, economic and social conditions may trigger market events. Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation. Currency Risk: Overseas investments are subject to fluctuations in the value of the dollar against the currency of the investment’s originating country. This is also referred to as exchange rate risk. Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e., interest rate). This primarily relates to fixed income securities. Business Risk: These risks are associated with a particular industry or a particular company within an industry. For example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like. ADV Part 2A – Firm Brochure Page 11 Ashworth Wealth, LLC  • • Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not. Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value. Item 9: Disciplinary Information There are no legal or disciplinary events that are material to the evaluation of our advisory business or the integrity of our management. Item 10: Other Financial Industry Activities & Affiliations Investment Advisors are also licensed insurance agents and have affiliations with various insurance companies whose products they sell. This may create a conflict of interest and may offer IA Reps an incentive to recommend insurance products that produce insurance commissions for the IA Rep. When any such recommendations are made, IA Reps will disclose this potential conflict of interest prior to completing any transaction and will obtain specific consent from the Client before purchasing any insurance product. Additionally, Clients always have the option to purchase insurance products through other agents not affiliated with Ashworth Wealth, LLC. Certain persons affiliated with our firm are also registered representatives and investment adviser representatives of Osaic Wealth, Inc. (OW), member FINRA/SIPC (a Broker-Dealer and Registered Investment Adviser) and may receive compensation in the form of commissions and other Advisory Fees. While this can create a conflict of interest, we are bound by our code of ethics and will only act in the best interest of our clients. Item 11: Code of Ethics, Participation or Interest in Client Transactions & Personal Trading As a fiduciary, it is an investment adviser’s responsibility to provide fair and full disclosure of all material facts and to act solely in the best interest of each of our clients at all times. Our fiduciary duty is the underlying principle for our firm’s Code of Ethics, which includes procedures for personal securities transaction and insider trading. Our firm requires all representatives to conduct business with the highest level of ethical standards and to comply with all federal and state securities laws at all times. Upon employment with our firm, and at least annually thereafter, all representatives of our firm will acknowledge receipt, understanding and compliance with our firm’s Code of Ethics. Our firm and representatives must conduct business in an honest, ethical, and fair manner and avoid all circumstances that might negatively affect or appear to affect our duty of complete loyalty to all clients. This disclosure is provided to give all clients a summary of our Code of Ethics. If a client or a potential client wishes to review our Code of Ethics in its entirety, a copy will be provided promptly upon request. ADV Part 2A – Firm Brochure Page 12 Ashworth Wealth, LLC  Our firm recognizes that the personal investment transactions of our representatives demand the application of a Code of Ethics with high standards and requires that all such transactions be carried out in a way that does not endanger the interest of any client. At the same time, our firm also believes that if investment goals are similar for clients and for our representatives, it is logical, and even desirable, that there be common ownership of some securities. 1 In order to prevent conflicts of interest, our firm has established procedures for transactions effected by . In order to monitor compliance with our personal our representatives for their personal accounts trading policy, our firm has pre-clearance requirements and a quarterly securities transaction reporting system for all of our representatives. Neither our firm nor a related person recommends, buys or sells for client accounts, securities in which our firm or a related person has a material financial interest without prior disclosure to the client. Likewise, related persons of our firm buy or sell securities for themselves at or about the same time they buy or sell the same securities for client accounts. In order to minimize this conflict of interest, our related persons will place client interests ahead of their own interests and adhere to our firm’s Code of Ethics, a copy of which is available upon request. Further, our related persons will refrain from buying or selling the same securities prior to buying or selling for our clients in the same day unless included in a block trade. Item 12: Brokerage Practices Selecting a Brokerage Firm Our firm does not maintain custody of client assets. Client assets must be maintained by a qualified custodian. Our firm does not have discretionary authority to determine the Broker-Dealer to be used for a purchase or sale of securities for a client’s account. Clients should refer to the specific Investment Manager’s ADV Part 2A regarding their specific Brokerage Practices used and any conflicts of interest that might exist. Ashworth Wealth, LLC does not receive fees or commissions from any of these arrangements. Certain immediate family members have the option of portfolio aggregation in order to lower custodian trading costs. Item 13: Review of Accounts or Financial Plans Our management personnel or financial advisors review accounts on at least an annual basis for our Comprehensive Wealth Management Clients. Account reviews may be performed more frequently 1 For purposes of the policy, our associate’s personal account generally includes any account (a) in the name of our associate, his/her spouse, his/her minor children or other dependents residing in the same household, (b) for which our associate is a trustee or executor, or (c) which our associate controls, including our client accounts which our associate controls and/or a member of his/her household has a direct or indirect beneficial interest in. ADV Part 2A – Firm Brochure Page 13 Ashworth Wealth, LLC  when market conditions dictate. Other conditions that may trigger a review are changes in the tax laws, new investment information, and changes in a client's situation. Clients receive periodic communications on at least an annual basis. Investment Advisory clients receive written quarterly updates from Third Party Money Managers. The written updates may include a net worth statement, a portfolio statement, and performance reports. Item 14: Client Referrals & Other Compensation Referral Fees In accordance with Rule 206 (4)-1 of the Investment Advisers Act of 1940, our firm provides cash or non-cash compensation directly or indirectly to unaffiliated persons for testimonials or endorsements (which include client referrals). Such compensation arrangements will not result in higher costs to the referred client. In this regard, our firm maintains a written agreement with each unaffiliated person that is compensated for testimonials or endorsements in an aggregate amount of $1,000 or more (or the equivalent value in non-cash compensation) over a trailing 12-month period in compliance with Rule 206 (4)-1 of the Investment Advisers Act of 1940 and applicable state and federal laws. The following information will be disclosed clearly and prominently to referred prospective clients at the time of each testimonial or endorsement: • • • Whether or not the unaffiliated person is a current client of our firm, A description of the cash or non-cash compensation provided directly or indirectly by our firm to the unaffiliated person in exchange for the referral, if applicable, and A brief statement of any material conflicts of interest on the part of the unaffiliated person giving the referral resulting from our firm’s relationship with such unaffiliated person. In cases where state law requires licensure of solicitors, our firm ensures that no solicitation fees are paid unless the solicitor is registered as an investment adviser representative of our firm. If our firm is paying solicitation fees to another registered investment adviser, the licensure of individuals is the other firm’s responsibility. More specifically, our firm pays SmartAsset a flat rate fee per referral from their online platform. SmartAsset’s website enables users to find a financial adviser based on criteria provided by the user. SmartAsset is not engaged in any activities either intended to (or appear to intend to) promote or market the services of any particular investment adviser. Any information regarding financial advisers is presented in a random or objective manner and does not involve highlighting the services of any financial adviser to the disadvantage of others on the platform. Clients who are referred to our firm through the SmartAsset platform will receive a solicitor acknowledgement disclosure form explaining the fee arrangement between our firm and SmartAsset. Referred Clients will be required to sign the disclosure form acknowledging that they understand the fee paying arrangements before receiving advisory services from our firm. Ashworth Wealth, LLC does not accept referral fees or any form of remuneration from other professionals for client referrals. The compensation paid to us by the Third-Party Money Manager may vary, and thus, there may be a conflict of interest in recommending a Third-Party Money Manager who shares a larger portion of its ADV Part 2A – Firm Brochure Page 14 Ashworth Wealth, LLC  advisory fees over another Third-Party Money Manager. Our firm’s fees are not higher than they would have been had our client obtained services directly from the Third-Party Money Manager. Prior to referring clients to any third-party advisors, we will ensure that third-party advisors are licensed, or notice filed with the respective authorities. A potential conflict of interest in utilizing a Third-Party Money Manager may be an incentive to us in selecting a particular Third-Party Money Manager over another in the form of fees or services. In order to minimize this conflict our firm will make our selections in the best interest of our clients. Our selection process factors in account sizes, project complexity, taxation concerns, philanthropic desires, investment experience, etc. Our firm will discuss all relevant factors with each client to help them determine the best Third-Party Money Manager. Item 15: Custody All of our clients receive account statements directly from their qualified custodians at least quarterly upon opening of an account. If our firm decides to also send account statements to clients, such notice and account statements include a legend that recommends that the client compare the account statements received from the qualified custodian with those received from our firm. Clients are encouraged to raise any questions with us about the custody, safety or security of their assets and our custodial recommendations. Item 16: Investment Discretion Ashworth Wealth, LLC does not have any investment discretion on managed accounts. Client should refer to the specific Investment Manager agreement as it relates to discretion. Item 17: Voting Client Securities Our firm does not accept the proxy authority to vote client securities. Clients will receive proxies or other solicitations directly from their custodian or a transfer agent. In the event that proxies are sent to our firm, our firm will forward them to the appropriate client and ask the party who sent them to mail them directly to the client in the future. Clients may call, write or email us to discuss questions they may have about particular proxy votes or other solicitations. Third-Party Money Managers selected or recommended by our firm may vote proxies for clients. Therefore, except in the event a Third-Party Money Manager votes proxies, clients maintain exclusive responsibility for: (1) directing the manner in which proxies solicited by issuers of securities beneficially owned by the client shall be voted, and (2) making all elections relative to any mergers, acquisitions, tender offers, bankruptcy proceedings or other type events pertaining to the client’s investment assets. Therefore (except for proxies that may be voted by a Third-Party Money Manager), our firm and/or the client shall instruct the qualified custodian to forward to copies of all proxies and shareholder communications relating to the client’s investment assets. ADV Part 2A – Firm Brochure Page 15 Ashworth Wealth, LLC  Item 18: Financial Information • Our firm is not required to provide financial information in this Brochure because: • Our firm does not require the prepayment of more than $1,200 in fees when services cannot be rendered within 6 months. Our firm does not have a financial condition or commitment that impairs our ability to meet contractual and fiduciary obligations to clients. Our firm has never been the subject of a bankruptcy proceeding. ADV Part 2A – Firm Brochure Page 16 Ashworth Wealth, LLC