RYAN INVESTMENT MANAGEMENT ADV PART 2B

Form ADV Part 2B: Brochure Supplement RYAN INVESTMENTS 22860 Two Rivers Road, Suite 200 Basalt, CO 81621 Telephone: (970) 429-1100 Facsimile: (970) 429-9495 E-mail: info@ryaninvest.com Web Address: www.ryaninvest.com Revised: 07/14/2026 Supervised Persons Christopher S. Ryan, CFA, CEO & CIO Matthew A. Owings, CFA, CFO Nathaniel L. Kaup, CFA, CCO This brochure supplement provides information about our firm’s supervised persons, listed above, and supplements the Ryan Investments (RI) firm brochure. You should have received a copy of that brochure. If you did not receive our brochure or have any questions about the contents of this supplement, please contact us at (970) 429-1100 or at info@ryaninvest.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. More information about RI is available on the SEC’s website at www.adviserinfo.sec.gov. You can search this site by a unique identifying number, known as a CRD number. Our CRD number is 115755. 1  Christopher S. Ryan, CFA, CEO & CIO, Sr. Wealth Advisor Educational Background and Business Experience Chris founded Ryan Investments in 2001 and is responsible for creating iFolios®, an active allocation and trend-following strategy used by the firm to manage client portfolios. He splits his responsibilities between CEO, CIO and Senior Wealth Advisor. His previous experience includes 4 years as Sr. Portfolio Manager with NationsBank Private Client Group (Dallas), 5 years as Sr. Vice President with Merrill Lynch (Boulder/Aspen), and 4 years with Ernst & Young as a Senior Valuation Analyst (Denver/Dallas). Chris earned his B.S. in Finance and M.S. in Accounting from the University of Colorado – Boulder, and earned designations including CPA (Certified Public Accountant – Colorado) and CFA (Chartered Financial Analyst). He served ten years on the Executive Committee of Aspen Public Radio, served on the Pitkin County Financial Advisory Board, and is a current member of the CFA Institute, the CFA Society of Colorado, and the Investments & Wealth Institute. Year of birth: 1962. Disciplinary Information There are no legal or disciplinary events to report. More information can be attained at the SEC website, www.adviserinfo.sec.gov. His unique identifying number, known as a CRD number, is 1297268. Other Business Activities There are no other business activities to report. Additional Compensation There is no additional compensation to report. Supervision As RI’s CEO & CIO, Chris maintains ultimate responsibility for the company’s strategy and investment strategies. He can be reached directly by calling the telephone number on the cover of this brochure. Matthew Owings, CFA, CFO, Sr. Wealth Advisor Educational Background and Business Experience Matthew Owings is a CFA charterholder, earning the designation in 2015. He earned a Finance degree from the University of Kansas (2003–2007). Prior to joining Ryan Investments, Matthew was Chief Executive Officer of Yule Creek Wealth Management for over 3 years. He co-founded Yule Creek Wealth Management in 2022. Previously, he spent 15 years at Equus Private Wealth Management, LLC, serving in multiple roles including credit analyst, trader, portfolio manager, and Chief Compliance Officer. He became a Partner at Equus in 2017 and managed client relationships for over a decade. Year of birth: 1985. 2  Disciplinary Information There are no legal or disciplinary events to report. More information can be attained at the SEC website, www.adviserinfo.sec.gov. His unique identifying number, known as a CRD number, is 5632831. Other Business Activities There are no other business activities to report. Additional Compensation There is no additional compensation to report. Supervision Matthew will be supervised by Chris Ryan, CEO and CIO. Nathaniel Kaup, CFA, CCO, Wealth Advisor Educational Background and Business Experience Nathaniel Kaup is a CFA charterholder and previously held the CWMA designation (2020–2023). He earned a BS in International Business from Northeastern University (2012–2016). Prior to joining Ryan Investments, Nathaniel was Chief Compliance Officer of Yule Creek Wealth Management for over 3 years. He co-founded Yule Creek Wealth Management in 2022. He previously worked at Credit Suisse AG in Zurich for over four years as an Assistant Vice President (AVP) Client Manager, serving HNW/UHNW clients. He also worked at Equus Private Wealth Management in 2022. Year of birth: 1994. Disciplinary Information There are no legal or disciplinary events to report. More information can be attained at the SEC website, www.adviserinfo.sec.gov. His unique identifying number, known as a CRD number, is 7540830. Other Business Activities There are no other business activities to report. Additional Compensation There is no additional compensation to report. Supervision Nathaniel will be supervised by Chris Ryan, CEO and CIO. 3  Summary of Professional Designations Chartered Financial Analyst (CFA) The Chartered Financial Analyst (CFA) charter is a globally respected, graduate-level investment credential established in 1962 and awarded by CFA Institute — the largest global association of investment professionals. There are currently more than 90,000 CFA charter holders working in 135 countries. To earn the CFA charter, candidates must: 1) pass three sequential, six-hour examinations; 2) have at least four years of qualified professional investment experience; 3) join CFA Institute as members; and 4) commit to abide by, and annually reaffirm, their adherence to the CFA Institute Code of Ethics and Standards of Professional Conduct. High Ethical Standards The CFA Institute Code of Ethics and Standards of Professional Conduct, enforced through an active professional conduct program, require CFA charter holders to: • Place their clients’ interests ahead of their own • Maintain independence and objectivity • Act with integrity • Maintain and improve their professional competence • Disclose conflicts of interest and legal matters Global Recognition Passing the three CFA exams is a difficult feat that requires extensive study (successful candidates report spending an average of 300 hours of study per level). Earning the CFA charter demonstrates mastery of many of the advanced skills needed for investment analysis and decision making in today’s quickly evolving global financial industry. As a result, employers and clients are increasingly seeking CFA charter holders—often making the charter a prerequisite for employment. Additionally, regulatory bodies in 19 countries recognize the CFA charter as a proxy for meeting certain licensing requirements, and more than 125 colleges and universities around the world have incorporated a majority of the CFA Program curriculum into their own finance courses. Comprehensive and Current Knowledge The CFA Program curriculum provides a comprehensive framework of knowledge for investment decision making and is firmly grounded in the knowledge and skills used every day in the investment profession. The three levels of the CFA Program test a proficiency with a wide range of fundamental and advanced investment topics, including ethical and professional standards, fixed- income and equity analysis, alternative and derivative investments, economics, financial reporting standards, portfolio management, and wealth planning. The CFA Program curriculum is updated every year by experts from around the world to ensure that candidates learn the most relevant and practical new tools, ideas, and investment and wealth management skills to reflect the dynamic and complex nature of the profession. To learn more about the CFA charter, visit www.cfainstitute.org. 4