ADV2A SEC

Item 1: Cover Page F O R M A D V P A R T 2 A D I S C L O S U R E B R O C H U R E Monson Wealth Management LLC Office Address: 38 N Morning Mist Ln Kaysville, UT 84037 Tel: 801-822-7977 Email: mark@monsonwealth.com September 29, 2026 This brochure provides information about the qualifications and business practices of Monson Wealth Management LLC. Being registered as an investment adviser does not imply a certain level of skill or training. If you have any questions about the contents of this brochure, please contact us at 801-822-7977. 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 MONSON WEALTH MANAGEMENT LLC (CRD #337251) IS AVAILABLE ON THE SEC’S WEBSITE AT WWW.ADVISERINFO.SEC.GOV i  Item 2: Material Changes Annual Update The Material Changes section of this brochure will be updated annually or when material changes occur since the previous release of the Firm Brochure. Material Changes since the Last Update Since the last filing on March 5, 2026, the following material changes have occurred: • Item 5 has been updated to reflect the fact that the firm no longer has any advisors who offer insurance products to advisory clients for insurance commission-based compensation. • Item 10 was updated to remove the reference to Mark Monson’s insurance-related activities. Full Brochure Available This Firm Brochure being delivered is the complete brochure for the Firm. ii  Item 3: Table of Contents Form ADV – Part 2A – Firm Brochure Item 1: Cover Page .................................................................................................................................. i Item 2: Material Changes .................................................................................................................... ii Annual Update ................................................................................................................................................................... ii Material Changes since the Last Update.................................................................................................................. ii Full Brochure Available .................................................................................................................................................. ii Item 3: Table of Contents ................................................................................................................... iii Item 4: Advisory Business .................................................................................................................. 1 Firm Description ............................................................................................................................................................... 1 Types of Advisory Services ........................................................................................................................................... 1 Client Tailored Services and Client Imposed Restrictions ............................................................................... 1 Wrap Fee Programs ......................................................................................................................................................... 1 Client Assets Under Management .............................................................................................................................. 1 Item 5: Fees and Compensation ....................................................................................................... 1 Method of Compensation and Fee Schedule .......................................................................................................... 1 Client Payment of Fees ................................................................................................................................................... 2 Additional Client Fees Charged ................................................................................................................................... 2 Prepayment of Client Fees ............................................................................................................................................ 2 External Compensation for the Sale of Securities to Clients ........................................................................... 3 Item 6: Performance-Based Fees and Side-by-Side Management ........................................ 3 Sharing of Capital Gains ................................................................................................................................................. 3 Item 7: Types of Clients ....................................................................................................................... 3 Description .......................................................................................................................................................................... 3 Account Minimums .......................................................................................................................................................... 3 Item 8: Methods of Analysis, Investment Strategies and Risk of Loss ................................ 3 Methods of Analysis ......................................................................................................................................................... 3 Investment Strategy ........................................................................................................................................................ 4 Security Specific Material Risks .................................................................................................................................. 4 Item 9: Disciplinary Information ..................................................................................................... 6 Criminal or Civil Actions ................................................................................................................................................ 6 Administrative Enforcement Proceedings ............................................................................................................. 6 iii  Self- Regulatory Organization Enforcement Proceedings ............................................................................... 6 Item 10: Other Financial Industry Activities and Affiliations ............................................... 6 Broker-Dealer or Representative Registration .................................................................................................... 6 Futures or Commodity Registration ......................................................................................................................... 6 Material Relationships Maintained by this Advisory Business and Conflicts of Interest ................... 7 Recommendations or Selections of Other Investment Advisors and Conflicts of Interest ................ 7 Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading ..................................................................................................................................................... 7 Code of Ethics Description ............................................................................................................................................ 7 Investment Recommendations Involving a Material Financial Interest and Conflict of Interest.... 8 Advisory Firm Purchase of Same Securities Recommended to Clients and Conflicts of Interest ... 8 Client Securities Recommendations or Trades and Concurrent Advisory Firm Securities Transactions and Conflicts of Interest ..................................................................................................................... 8 Item 12: Brokerage Practices ........................................................................................................... 8 Factors Used to Select Broker-Dealers for Client Transactions .................................................................... 8 Aggregating Securities Transactions for Client Accounts ................................................................................ 9 Item 13: Review of Accounts ........................................................................................................... 10 Schedule for Periodic Review of Client Accounts or Financial Plans and Advisory Persons Involved ............................................................................................................................................................................. 10 Review of Client Accounts on Non-Periodic Basis ........................................................................................... 10 Content of Client Provided Reports and Frequency ........................................................................................ 10 Item 14: Client Referrals and Other Compensation ................................................................ 10 Economic Benefits Provided to the Advisory Firm from External Sources and Conflicts of Interest ............................................................................................................................................................................... 10 Advisory Firm Payments for Client Referrals .................................................................................................... 10 Item 15: Custody .................................................................................................................................. 10 Account Statements ...................................................................................................................................................... 10 Item 16: Investment Discretion ..................................................................................................... 11 Discretionary Authority for Trading...................................................................................................................... 11 Item 17: Voting Client Securities ................................................................................................... 11 Proxy Votes ...................................................................................................................................................................... 11 Item 18: Financial Information ...................................................................................................... 12 Balance Sheet .................................................................................................................................................................. 12 iv  Financial Conditions Reasonably Likely to Impair Advisory Firm’s Ability to Meet Commitments to Clients ............................................................................................................................................................................ 12 Bankruptcy Petitions during the Past Ten Years .............................................................................................. 12 Brochure Supplement (Part 2B of Form ADV) .......................................................................... 14 Principal Executive Officer – Mark J. Monson, CFP®, AAMS® ...................................................................... 14 Item 2 - Educational Background and Business Experience ....................................................................... 14 Item 3 - Disciplinary Information ........................................................................................................................... 14 Item 4 - Other Business Activities ........................................................................................................................... 15 Item 5 - Additional Compensation .......................................................................................................................... 15 Item 6 - Supervision ..................................................................................................................................................... 15 v  Item 4: Advisory Business Firm Description Monson Wealth Management LLC (“MWM”) was founded in 2012 and became registered to offer advisory services in 2025. Mark Monson is 60% owner and Aleisha Monson is 40% owner. Types of Advisory Services ASSET MANAGEMENT MWM offers discretionary asset management services to advisory Clients. MWM will offer Clients ongoing asset management services through determining individual investment goals, time horizons, objectives, and risk tolerance. Investment strategies, investment selection, asset allocation, portfolio monitoring and the overall investment program will be based on the above factors. The Client will authorize MWM discretionary authority to execute selected investment program transactions as stated within the Investment Advisory Agreement. When deemed appropriate for the Client, MWM may hire Sub-Advisors to manage all or a portion of the assets in the Client account. MWM has full discretion to hire and fire Sub- Advisors as we deem suitable. Sub-Advisors will maintain the models or investment strategies agreed upon between Sub-Advisor and MWM. Sub-Advisors execute trades on behalf of MWM in Client accounts. MWM will be responsible for the overall direct relationship with the Client. MWM retains the authority to terminate the Sub-Advisor relationship at MWM’s discretion. Client Tailored Services and Client Imposed Restrictions The goals and objectives for each Client are documented in our Client files. Investment strategies are created that reflect the stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without written Client consent. Wrap Fee Programs MWM does not sponsor any wrap fee programs. Client Assets Under Management MWM has the following Client assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $196,010,097 $0 December 31, 2025 Item 5: Fees and Compensation Method of Compensation and Fee Schedule ASSET MANAGEMENT MWM offers discretionary direct asset management services to advisory Clients. MWM charges an annual investment advisory fee based on the total assets under management as follows: - 1 -  Assets Under Management Up to $1,000,000 $1,000,0001 to $2,500,000 Over $2,500,000 Annual Fee 1.50% 1.25% 1.0% Quarterly Fee 0.375% 0.3125% 0.25% This is a breakpoint fee schedule, the entire portfolio is charged the same asset management fee. For example, a Client with $1,500,000 under management would pay $18,750 on an annual basis. $1,500,000 x 1.25% = $18,750.The annual fee is negotiable 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.). Fees are billed quarterly in advance based on the amount of assets managed as of the close of business on the last business day of the previous quarter. MWM may also utilize the services of a Sub-Advisor to manage Clients’ investment portfolios by executing a Sub-Advisor agreement with other registered investment advisor firms. When using Sub-Advisors, the Client may pay additional fees of up to 1.0%.. Sub- Advisor directly deducts their portion of the fee separately from MWM. Lower fees for comparable services may be available from other sources. Clients may terminate their account within five (5) business days of signing the Investment Advisory Agreement with no obligation and without penalty. After the initial five (5) business days, the agreement may be terminated by MWM with thirty (30) days written notice to Client and by the Client at any time with written notice to MWM. If cash and/or securities are deposited into or withdrawn from an existing account mid-billing period a prorated fee will be charged for that portion of the account. For accounts opened or closed mid-billing period, fees will be prorated based on the days services are provided during the given period. All unpaid earned fees will be due to MWM. Additionally, all unearned fees will be refunded to the Client. Client shall be given thirty (30) days prior written notice of any increase in fees. Any increase in fees will be acknowledged in writing by both parties before any increase in said fees occurs. Client Payment of Fees Fees for asset management services are: • Deducted from a designated Client account. The Client must consent in advance to direct debiting of their investment account. Additional Client Fees Charged Custodians may charge transaction fees and other related costs on the purchases or sales of mutual funds, equities, bonds, options and exchange-traded funds. Mutual funds, money market funds and exchange-traded funds also charge internal management fees, which are disclosed in the fund’s prospectus. MWM does not receive any compensation from these fees. All of these fees are in addition to the management fee you pay to MWM. For more details on the brokerage practices, see Item 12 of this brochure. Prepayment of Client Fees MWM does not require any prepayment of fees of more than $1200 per Client and six months or more in advance. Investment management fees are billed quarterly in advance. - 2 -  If the Client cancels after five (5) business days, any unearned fees will be refunded to the Client, or any unpaid earned fees will be due to MWM. External Compensation for the Sale of Securities to Clients MWM is an asset-based fee investment management firm. The firm does not receive commissions for purchasing or selling stocks, bonds, mutual funds, real estate investment trusts, or other commissioned products for clients. The firm is not affiliated with entities that sell financial products or securities. No commissions in any form are accepted. Item 6: Performance-Based Fees and Side-by-Side Management Sharing of Capital Gains Fees are not based on a share of the capital gains or capital appreciation of managed securities. MWM does not use a performance-based fee structure because of the conflict of interest. Performance based compensation may create an incentive for MWM to recommend an investment that may carry a higher degree of risk to the Client. Item 7: Types of Clients Description MWM generally provides investment advice to individuals, high net worth individuals, business entities. Client relationships vary in scope and length of service. Account Minimums MWM does not require a minimum to open or maintain an account. Item 8: Methods of Analysis, Investment Strategies and Risk of Loss Methods of Analysis Security analysis methods may include fundamental analysis, technical analysis, charting, cyclical analysis, and Modern Portfolio Theory. Investing in securities involves risk of loss that Clients should be prepared to bear. Past performance is not a guarantee of future returns. Fundamental analysis concentrates on factors that determine a company’s value and expected future earnings. This strategy would normally encourage equity purchases in stocks that are undervalued or priced below their perceived value. The risk assumed is that the market will fail to reach expectations of perceived value. Technical analysis attempts to predict a future stock price or direction based on market trends. The assumption is that the market follows discernible patterns and if these patterns can be identified then a prediction can be made. The risk is that markets do not always follow patterns and relying solely on this method may not take into account new patterns that emerge over time. Charting analysis strategy involves using and comparing various charts to predict long and short term performance or market trends. The risk involved in using this method is that only past performance data is considered without using other methods to crosscheck data. Using charting analysis without other methods of analysis would be making the - 3 -  assumption that past performance will be indicative of future performance. This may not be the case. Cyclical analysis assumes that the markets react in cyclical patterns which, once identified, can be leveraged to provide performance. The risks with this strategy are twofold: 1) the markets do not always repeat cyclical patterns; and 2) if too many investors begin to implement this strategy, then it changes the very cycles these investors are trying to exploit. Modern Portfolio Theory is the theory of finance that attempts to maximize portfolio expected return for a given amount of portfolio risk, or equivalently minimize risk for a given level of expected return, by carefully choosing the proportions of various assets. Modern Portfolio Theory assumes investors are risk averse which means when given two assets with the same expected return the investor will choose the less risky one. An investor is only willing to take more risk if the expected return is greater. Therefore, Modern Portfolio Theory aims to construct a portfolio of investments that has the best possible expected return for the level of risk. Investment Strategy 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 by providing written notice to MWM. Each Client executes a Client profile form or similar form that documents their objectives and their desired investment strategy. Other strategies may include long-term purchases, short-term purchases, and trading. Security Specific Material 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 and should discuss these risks with MWM: • Market Risk: The prices of securities in which clients invest may decline in response to certain events taking place around the world, including those directly involving the companies whose securities are owned by a fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency, interest rate and commodity price fluctuations. Investors should have a long-term perspective and be able to tolerate potentially sharp declines in market value. • 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. • Inflation Risk: When any type of inflation is present, a dollar today will buy more than 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. - 4 -  • 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. • Management Risk: The advisor’s investment approach may fail to produce the intended results. If the advisor’s assumptions regarding the performance of a specific asset class or fund are not realized in the expected time frame, the overall performance of the client’s portfolio may suffer. • Equity Risk: Equity securities tend to be more volatile than other investment choices. The value of an individual mutual fund or ETF can be more volatile than the market as a whole. This volatility affects the value of the client’s overall portfolio. Small- and mid- cap companies are subject to additional risks. Smaller companies may experience greater volatility, higher failure rates, more limited markets, product lines, financial resources, and less management experience than larger companies. Smaller companies may also have a lower trading volume, which may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies. • Fixed Income Risk: The issuer of a fixed income security may not be able to make interest and principal payments when due. Generally, the lower the credit rating of a security, the greater the risk that the issuer will default on its obligation. If a rating agency gives a debt security a lower rating, the value of the debt security will decline because investors will demand a higher rate of return. As nominal interest rates rise, the value of fixed income securities held by a fund is likely to decrease. A nominal interest rate is the sum of a real interest rate and an expected inflation rate. • Investment Companies Risk: When a client invests in open end mutual funds or ETFs, the client indirectly bears their proportionate share of any fees and expenses payable directly by those funds. Therefore, the client will incur higher expenses, which may be duplicative. In addition, the client’s overall portfolio may be affected by losses of an underlying fund and the level of risk arising from the investment practices of an underlying fund (such as the use of derivatives). ETFs are also subject to the following risks: (i) an ETF’s shares may trade at a market price that is above or below their net asset value or (ii) trading of an ETF’s shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are de-listed from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally. Adviser has no control over the risks taken by the underlying funds in which client invests. • Cash and Cash Equivalents Risk: Cash and cash equivalents consist of investments like money market funds, certificates of deposit (CDs), Treasury bills, and short-term government bonds. They are generally considered low-risk compared to other asset classes. While they offer safety, liquidity, and stability, they come with certain risks, such as inflation, interest rate fluctuations, and opportunity costs. • Long-term purchases: Long-term investments are those vehicles purchased with the intention of being held for more than one year. Typically the expectation of the investment is to increase in value so that it can eventually be sold for a profit. In addition, there may be an expectation for the investment to provide income. One of the - 5 -  biggest risks associated with long-term investments is volatility, the fluctuations in the financial markets that can cause investments to lose value. • Short-term purchases: Short-term investments are typically held for one year or less. Generally there is not a high expectation for a return or an increase in value. Typically, short-term investments are purchased for the relatively greater degree of principal protection they are designed to provide. Short-term investment vehicles may be subject to purchasing power risk — the risk that your investment’s return will not keep up with inflation. • Trading risk: Investing involves risk, including possible loss of principal. There is no assurance that the investment objective of any fund or investment will be achieved. The risks associated with utilizing Sub-Advisors include: • Manager Risk o Sub-Advisor fails to execute the stated investment strategy • Business Risk o Sub-Advisor has financial or regulatory problems • The specific risks associated with the portfolios of the Sub-Advisor’s which is disclosed in the Sub-Advisor’s Form ADV Part 2. Item 9: Disciplinary Information Criminal or Civil Actions MWM and its management have not been involved in any criminal or civil action. Administrative Enforcement Proceedings MWM and its management have not been involved in administrative enforcement proceedings. Self- Regulatory Organization Enforcement Proceedings MWM and its management have not been involved in any self-regulatory organizational enforcement proceedings that are material to a Client’s or prospective Client’s evaluation of MWM or the integrity of its management. Item 10: Other Financial Industry Activities and Affiliations Broker-Dealer or Representative Registration MWM is not registered as a broker-dealer and no affiliated representatives of MWM are registered representatives of a broker-dealer. Futures or Commodity Registration Neither MWM nor its affiliated representatives are registered or have an application pending to register as a futures commission merchant, commodity pool operator, or a commodity trading advisor. - 6 -  Material Relationships Maintained by this Advisory Business and Conflicts of Interest The firm does not have any relationships material to its advisory business that creates a possible conflict of interest other than the recommendation of other advisors, which is disclosed below. Recommendations or Selections of Other Investment Advisors and Conflicts of Interest MWM may also utilize the services of a Sub-Advisor to manage Clients’ investment portfolios. Sub-Advisors will maintain the models or investment strategies agreed upon between Sub-Advisor and MWM. Sub-Advisors execute all trades on behalf of MWM in Client accounts. MWM will be responsible for the overall direct relationship with the Client. MWM retains the authority to terminate the Sub-Advisor relationship at MWM’s discretion. In addition to the authority granted to MWM, Clients will grant MWM full discretionary authority and authorizes MWM to select and appoint one or more independent investment advisors (“Advisors”) to provide investment advisory services to Client without prior consultation with or the prior consent of Client. Such Advisors shall have all of the same authority relating to the management of Client’s investment accounts as is granted to MWM in the Agreement. In addition, at MWM’s discretion, MWM may grant such Advisors full authority to further delegate such discretionary investment authority to additional Advisors. MWM ensures that before selecting other advisors for Client that the other advisors are properly licensed or registered as an investment advisor. This practice represents a conflict of interest as MWM may select Sub-Advisors who charge a lower fee for their services than other Sub-Advisors. This conflict is mitigated by disclosures, procedures, and by the fact that MWM has a fiduciary duty to place the best interest of the Client first and will adhere to their code of ethics. Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading Code of Ethics Description include employees and/or independent The affiliated persons (affiliated persons contractors) of MWM have committed to a Code of Ethics (“Code”). The purpose of our Code is to set forth standards of conduct expected of MWM affiliated persons and addresses conflicts that may arise. The Code defines acceptable behavior for affiliated persons of MWM. The Code reflects MWM and its supervised persons’ responsibility to act in the best interest of their Client. One area which the Code addresses is when affiliated persons buy or sell securities for their personal accounts and how to mitigate any conflict of interest with our Clients. We do not allow any affiliated persons to use non-public material information for their personal profit or to use internal research for their personal benefit in conflict with the benefit to our Clients. MWM’s policy prohibits any person from acting upon or otherwise misusing non-public or inside information. No advisory representative or other affiliated person, officer or director of MWM may recommend any transaction in a security or its derivative to advisory Clients or engage in personal securities transactions for a security or its derivatives if the advisory representative possesses material, non-public information regarding the security. - 7 -  MWM’s Code is based on the guiding principle that the interests of the Client are our top priority. MWM’s officers, directors, advisors, and other affiliated persons have a fiduciary duty to our Clients and must diligently perform that duty to maintain the complete trust and confidence of our Clients. When a conflict arises, it is our obligation to put the Client’s interests over the interests of either affiliated persons or the company. The Code applies to “access” persons. “Access” persons are affiliated persons who have access to non-public information regarding any Clients' purchase or sale of securities, or non-public information regarding the portfolio holdings of any reportable fund, who are involved in making securities recommendations to Clients, or who have access to such recommendations that are non-public. MWM will provide a copy of the Code of Ethics to any Client or prospective Client upon request. Investment Recommendations Involving a Material Financial Interest and Conflict of Interest MWM and its affiliated persons do not recommend to Clients securities in which we have a material financial interest. Advisory Firm Purchase of Same Securities Recommended to Clients and Conflicts of Interest MWM and its affiliated persons may buy or sell securities that are also held by Clients. In order to mitigate conflicts of interest such as trading ahead of Client transactions, affiliated persons are required to disclose all reportable securities transactions as well as provide MWM with copies of their brokerage statements. The Chief Compliance Officer of MWM is Mark Monson. He reviews all trades of the affiliated persons each quarter. The personal trading reviews ensure that the personal trading of affiliated persons does not affect the markets and that Clients of the firm receive preferential treatment over associated persons’ transactions. Client Securities Recommendations or Trades and Concurrent Advisory Firm Securities Transactions and Conflicts of Interest MWM does not have a material financial interest in any securities being recommended. However, affiliated persons may buy or sell securities at the same time they buy or sell securities for Clients. In order to mitigate conflicts of interest such as front running, affiliated persons are required to disclose all reportable securities transactions as well as provide MWM with copies of their brokerage statements. The Chief Compliance Officer of MWM is Mark Monson. He reviews all trades of the affiliated persons each quarter. The personal trading reviews ensure that the personal trading of affiliated persons does not affect the markets and that Clients of the firm receive preferential treatment over associated persons’ transactions. Item 12: Brokerage Practices Factors Used to Select Broker-Dealers for Client Transactions MWM will require the use of a particular broker-dealer based on their duty to seek best execution for the client, meaning they have an obligation to obtain the most favorable terms for a client under the circumstances. The determination of what may constitute best execution and price in the execution of a securities transaction by a broker involves a - 8 -  number of considerations and is subjective. Factors affecting brokerage selection include the overall direct net economic result to the portfolios, the efficiency with which the transaction is affected, the ability to effect the transaction where a large block is involved, the operational facilities of the broker-dealer, the value of an ongoing relationship with such broker and the financial strength and stability of the broker. MWM will select appropriate brokers based on a number of factors including but not limited to their relatively low transaction fees and reporting ability. MWM relies on its broker to provide its execution services at the best prices available. Lower fees for comparable services may be available from other sources. Clients pay for any and all custodial fees in addition to the advisory fee charged by MWM. MWM does not receive any portion of the trading fees. MWM will require the use of Raymond James. • Research and Other Soft Dollar Benefits The Securities and Exchange Commission defines soft dollar practices as arrangement under which products or services other than execution services are obtained by MWM from or through a broker-dealer in exchange for directing Client transactions to the broker-dealer. Although MWM has no formal soft dollar arrangements, MWM may receive products, research and/or other services from custodians or broker-dealers connected to client transactions or “soft dollar benefits”. As permitted by Section 28(e) of the Securities Exchange Act of 1934, MWM receives economic benefits as a result of commissions generated from securities transactions by the custodian or broker-dealer from the accounts of MWM. MWM cannot ensure that a particular client will benefit from soft dollars or the client’s transactions paid for the soft dollar benefits. MWM does not seek to proportionately allocate benefits to client accounts to any soft dollar benefits generated by the accounts. A conflict of interest exists when MWM receives soft dollars which could result in higher commissions charged to Clients. This conflict is mitigated by the fact that MWM has a fiduciary responsibility to act in the best interest of its Clients and the services received are beneficial to all Clients. • Brokerage for Client Referrals MWM does not receive client referrals from any custodian or third party in exchange for using that broker-dealer or third party. • Directed Brokerage MWM does not allow directed brokerage accounts. Not all advisors require their clients to direct brokerage. Aggregating Securities Transactions for Client Accounts MWM manages each account separately, and therefore, does not aggregate purchases and sales and other transactions. If orders are not aggregated, some clients purchasing securities around the same time may receive a less favorable price than other clients which may cost clients more money. - 9 -  Item 13: Review of Accounts Schedule for Periodic Review of Client Accounts or Financial Plans and Advisory Persons Involved Account reviews are performed quarterly by the Chief Compliance Officer of MWM, Mark Monson. Account reviews are performed more frequently when market conditions dictate. Reviews of Client accounts include, but are not limited to, a review of Client documented risk tolerance, adherence to account objectives, investment time horizon, and suitability criteria, reviewing target allocations of each asset class to identify if there is an opportunity for rebalancing, and reviewing accounts for tax loss harvesting opportunities. Review of Client Accounts on Non-Periodic Basis Other conditions that may trigger a review of Clients’ accounts are changes in the tax laws, new investment information, and changes in a Client's own situation. Content of Client Provided Reports and Frequency Clients receive written account statements no less than quarterly for managed accounts. Account statements are issued by MWM’s custodian. Client receives confirmations of each transaction in account from custodian and an additional statement during any month in which a transaction occurs. MWM does not provide additional reports to Clients. Item 14: Client Referrals and Other Compensation Economic Benefits Provided to the Advisory Firm from External Sources and Conflicts of Interest MWM receives additional economic benefits from external sources as described above in Item 12. Advisory Firm Payments for Client Referrals MWM does not compensate for Client referrals. Item 15: Custody Account Statements All assets are held at qualified custodians, which means the custodians provide account statements directly to Clients at their address of record at least quarterly. Clients are urged to carefully compare the account statements received directly from their custodians to any documentation or reports prepared by MWM. MWM is deemed to have limited custody solely because advisory fees are directly deducted from Client’s accounts by the custodian on behalf of MWM. MWM is also deemed to have limited custody due to its Third-Party Standing Letters of Authorization (“SLOA”). MWM and its qualified custodian meet the following seven (7) conditions in order to avoid maintaining full custody and be subject to the surprise exam requirement: 1. The Client provides an instruction to the qualified custodian, in writing, that includes the Client’s signature, the third party’s name, and either the third party’s address or the third party’s account number at a custodian to which the transfer should be directed. - 10 -  2. The Client authorizes MWM, in writing, either on the qualified custodian’s form or separately, to direct transfers to the third party either on a specified schedule or from time to time. 3. The Client’s qualified custodian performs appropriate verification of the instruction, such as a signature review or other method to verify the Client’s authorization and provides a transfer of funds notice to the Client promptly after each transfer. 4. The Client has the ability to terminate or change the instruction to the Client’s qualified custodian. 5. MWM has no authority or ability to designate or change the identity of the third party, the address, or any other information about the third party contained in the Client’s instruction. 6. MWM maintains records showing that the third party is not a related party nor located at the same address as MWM. 7. The Client’s qualified custodian sends the Client, in writing, an initial notice confirming the instruction and an annual notice reconfirming the instruction. Item 16: Investment Discretion Discretionary Authority for Trading MWM requires discretionary authority to manage securities accounts on behalf of Clients. MWM has the authority to determine, without obtaining specific Client consent, the securities to be bought or sold, and the amount of the securities to be bought or sold. The client will authorize MWM discretionary authority as stated within the Investment Advisory Agreement. MWM allows Clients to place certain restrictions, as outlined in the Client’s Investment Policy Statement or similar document. These restrictions must be provided to MWM in writing. The Client approves the custodian to be used. MWM does not receive any portion of the transaction fees or commissions paid by the Client to the custodian. Item 17: Voting Client Securities Proxy Votes MWM does not vote proxies on securities. Clients are expected to vote their own proxies. The Client will receive their proxies directly from the custodian of their account or from a transfer agent. When assistance on voting proxies is requested, MWM will provide recommendations to the Client. If a conflict of interest exists, it will be disclosed to the Client. If the Client requires assistance or has questions, they can reach out to the investment advisor representatives of the firm at the contact information on the cover page of this document. - 11 -  Item 18: Financial Information Balance Sheet A balance sheet is not required to be provided to Clients because MWM does not serve as a custodian for Client funds or securities and MWM does not require prepayment of fees of more than $1200 per Client and six months or more in advance. Financial Conditions Reasonably Likely to Impair Advisory Firm’s Ability to Meet Commitments to Clients MWM has no condition that is reasonably likely to impair our ability to meet contractual commitments to our Clients. Bankruptcy Petitions during the Past Ten Years MWM has not had any bankruptcy petitions in the last ten years. - 12 -  Item 1 Cover Page S U P E R V I S E D P E R S O N B R O C H U R E F O R M A D V P A R T 2 B Mark J. Monson, AAMS® Monson Wealth Management LLC Office Address: 38 N Morning Mist Ln Kaysville, UT 84037 Tel: 801-822-7977 Email: mark@monsonwealth.com September 29, 2026 This brochure supplement provides information about Mark Monson and supplements the Monson Wealth Management LLC brochure. You should have received a copy of that brochure. Please contact Mark Monson if you did not receive the brochure or if you have any questions about the contents of this supplement. ADDITIONAL INFORMATION ABOUT MARK J. MONSON (CRD #4885702) IS AVAILABLE ON THE SEC’S WEBSITE AT WWW.ADVISERINFO.SEC.GOV. - 13 -  Brochure Supplement (Part 2B of Form ADV) Supervised Person Brochure Principal Executive Officer – Mark J. Monson, CFP®, AAMS® • Year of birth: 1979 Item 2 - Educational Background and Business Experience Educational Background: • Utah State University; Bachelor of Liberal Arts in Chemistry; 2003 Professional Certifications Mark Monson has earned certifications and credentials that are required to be explained in further detail. Accredited Asset Management Specialist SM (AAMS®) Accredited Asset Management Specialist is a designation granted by the College of Financial Planning. AAMS® requirements: • Individuals who hold the AAMS® designation have completed a course of study encompassing investments, insurance, tax, retirement, and estate planning issues. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations. • All designees have agreed to adhere to Standards of Professional Conduct and are subject to a disciplinary process. • Designees renew their designation every two-years by completing 16 hours of continuing education, reaffirming adherence to the Standards of Professional Conduct and complying with self-disclosure requirements. Business Experience: • Monson Wealth Management LLC.; Investment Advisor Representative; 07/2025- Present • Monson Wealth Management LLC.; Managing Member; 08/2012-Present • Independent Insurance Agent; 09/2018-08/2026 • Commonwealth Financial Network; Investment Advisor Representative/Registered Representative; 09/2018-07/2025 • Raymond James Financial Services, Inc.; Registered Representative; 08/2012- 10/2018 • Raymond James Financial Services Advisors, Inc.; Investment Advisor Representative; 08/2012-10/2018 Item 3 - Disciplinary Information 1. Mr. Monson has never been involved in a criminal or civil action in a domestic, foreign or military court of competent jurisdiction for which he: a. Was convicted of, or pled guilty or nolo contender (“no contest”) to (a) any felony; (b) misdemeanor that involved investments or an investment-related - 14 -  business, fraud, false statement or omissions, wrongful taking of property, bribery, perjury, counterfeiting, or extortion; or (c) a conspiracy to commit any of these offenses; b. Is the named subject of a pending criminal proceeding that involves an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses; c. Was found to have been involved in a violation of an investment-related statute or regulation; or d. Was the subject of any order, judgement or decree permanently or temporarily enjoining, or otherwise limiting, him from engaging in any investment related activity, or from violating any investment-related statute, rule, or order. 2. Mr. Monson never had an administrative proceeding before the SEC, any other federal regulatory agency, any state regulatory agency, or any foreign financial regulatory authority in which he: a. Was found to have caused an investment-related business to lose its authorization to do business; or the subject of an order by the agency or authority; b. Was found to have been involved in a violation of an investment-related statute or regulation or was the subject of an order by the agency or authority (i)denying, suspending or revoking the authorization of the supervised person to act in an investment-related business; (ii) barring or suspending his association with an investment-related business; (iii) otherwise significantly limiting his investment- related activities; or (iv) imposing a civil money penalty of more than $2,500 on him. 3. Mr. Monson has never been the subject of a self-regulatory organization (SRO) proceeding in which he: a. Was found to have caused an investment-related business to lose its authorization to do business; or b. Was found to have been involved in a violation of the SRO’s rules and was: (a) barred or suspended from membership or from association with other members, or was expelled from membership; (b) otherwise significantly limited from investment-related activities; or (c) fined more than $2,500. 4. Mr. Monson has not been involved in any other hearing or formal adjudication in which a professional attainment, designation, or license of the supervised person was revoked or suspended because of a violation of rules relating to professional conduct. Item 4 - Other Business Activities Mr. Monson has no other business activities to report. Item 5 - Additional Compensation Mr. Monson does not receive any additional compensation for performing advisory or other services other than what is disclosed in Item 5 of Part 2A. Item 6 - Supervision Mr. Monson is the sole owner and investment adviser representative of MWM and is solely responsible for all supervision and formulation and monitoring of investment advice - 15 -  offered to Clients. He will adhere to the policies and procedures as described in the firm’s Compliance Manual. He can be reached at mark@monsonwealth.com or 801-822-7977. - 16 -