ADV PART 2A ADVOCACY FINANCIAL

212 Park Place Covington, LA 70433 (888) 787-4590 www.advocacyfinancial.com Advocacy Financial, LLC Financial Office of: Joseph M. Prisco Jr., JD, CFP® Nicholas A. Bowers, CFP® Disclosure Brochure This disclosure brochure provides information about the qualifications and business practices of Advocacy Financial, LLC (“Advocacy Financial”, “Advisor” or “Firm”.) If you have any questions about the contents of this brochure, please contact us at the phone number listed below. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission (SEC) or by any State Securities Authority. Additional information about Advocacy Financial, LLC is also available at the SEC’s website https://adviserinfo.sec.gov. The Firm is a registered investment advisory firm. The registration does not imply any level of skill or training. Please use this information as factors in your decision to hire the firm or to continue a business relationship. ITEM 1 – COVER PAGE, ADV PART 2A: October 08, 2026 CRD #: 305954 www.advocacyfinancial.com 212 Park Place, COVINGTON, LA 70433 (888) 787-4590 Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™.  ITEM 2 – MATERIAL CHANGES This brochure dated October 08, 2026, has been prepared by Advocacy Financial to meet state requirements. It has changed materially since our last posting of this document on March 20, 2026, as follows: ITEM 5 – FEES AND COMPENSATION The hourly rate of financial planning is $300.00 per hour. Advocacy Financial does not take receipt of more than $1200 in fees per client more than six (6) months in advance of the provision of services represented by the fees. A partial initial fee of $1200 may be charged, and the remainder of the fees can be charged in arrears, with the balance payable upon presentation of the analysis or completion of the agreed services. ITEM 18 – FINANCIAL INFORMATION Advocacy Financial does not solicit prepayment of more than $1200 in fees per client six (6) months or more in advance.  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC ITEM 3: Table of Contents Disclosure Brochure .............................................................................................................................................. 1 ITEM 1 – COVER PAGE, ADV PART 2A ................................................................................................................. 1 ITEM 2 – MATERIAL CHANGES ........................................................................................................................... 2 ITEM 4 – ADVISORY BUSINESS ........................................................................................................................... 4 ITEM 5 – FEES AND COMPENSATION ................................................................................................................. 7 ITEM 6 – PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT ....................................................... 10 ITEM 7 – TYPES OF CLIENTS.............................................................................................................................. 10 ITEM 8 – METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS ............................................. 11 ITEM 9 – DISCIPLINARY INFORMATION ............................................................................................................ 13 ITEM 10 – OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS .......................................................... 13 ITEM 11 – CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING ......................................................................................................................................................... 15 ITEM 12 – BROKERAGE PRACTICES ................................................................................................................... 15 ITEM 13 – REVIEW OF ACCOUNTS .................................................................................................................... 16 ITEM 14 – CLIENT REFERRALS AND OTHER COMPENSATION ............................................................................ 16 ITEM 15 – CUSTODY ......................................................................................................................................... 17 ITEM 16 – INVESTMENT DISCRETION .............................................................................................................. 17 ITEM 17 – VOTING CLIENT SECURITIES ............................................................................................................. 17 ITEM 18 – FINANCIAL INFORMATION .............................................................................................................. 18 3  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC ITEM 4 – ADVISORY BUSINESS Since 2010, Advocacy Financial has been the Louisiana Limited Liability Company of the independent financial practice of founder, Joseph M. Prisco Jr., JD, CFP®, primarily for accounting, tax, and liability purposes. The financial practice has served clients by providing financial planning, investment advisory, and risk management capabilities enabled through third-party providers. As of January 2020, Advocacy Financial, LLC filed to become a Registered Investment Advisor in the State of Louisiana. The main office is located in Covington, Louisiana. In 2026 Advocacy Financial became eligible for SEC registration. Principal Members Joseph M. Prisco Jr, JD, CFP®, Managing Member/Chief Compliance Officer, 90% ownership. Mr. Prisco Jr. may be contacted by email at jprisco@advocacyfinancial.com or by telephone at (888) 787-4590. Advocacy Financial offers a broad array of financial planning and investment advisory services to clients. The mission is to be an advocate for clients' financial and estate planning needs. Advocacy Financial helps manage, organize, and simplify financial affairs with an emphasis on risk management. We seek to maximize client resources to obtain sustainable results. Customized services are offered that strive to guide clients on an optimal path for asset accumulation, preservation, and wealth succession. Prior to providing any advisory services, clients are required to enter into one or more written agreements with Advocacy Financial. Financial Planning and Consulting Services Financial Planning consists of a process of sourcing qualitative and quantitative information from clients combined with software tools of the firm utilized by an experienced planner to recommend and help optimize a clients’ strategy, risk management situation, and in its basic form, help clients with decision making in matters related to their life and financial interests, which are often closely tied. Considering both the art and science of the process, Advocacy Financial typically takes a comprehensive view of a client and calls on a deep knowledge and experience with business, law, tax, estates and successions, trusts, retirement plans and planning, among other areas. If chosen by a client, as mentioned, financial planning will take into account information collected from the client such as financial status, investment objectives, tax status, and financial resources, among other items. Financial Planning may also be limited in scope. Our fiduciary obligation is to always act and make recommendations in the clients’ best interest. Financial Planning includes the use of software for reviews and projections and may apply to any or all of the following areas depending on the Client’s circumstances: Other Insurance Analysis & Strategy Disability Planning Tax Management & Planning Trust and Estate Planning Retirement Planning Business Planning Charitable Giving Risk Management Asset Planning – Location and Allocation Budgeting and Cash Flow Planning Debt Management Capital Needs Analysis (Goal Funding) Education Planning Portfolio Review and Evaluation Data and Documents Requested for Financial Planning may include: Personal Data Family and personal information, including dates of birth, family tree, any special needs, and health status  Investment Account Information  Brokerage account statements  Annuity statements – (e.g., fixed, variable, index)  Mutual fund statements  Roth IRA, traditional IRA, and other tax advantaged account statements 4  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC  Any pension, deferred compensation, defined contribution (e.g., 401(k), 403(b) 457 SIMPLE, SEP) and profit sharing plan statements Stock, bond, certificate of deposit, and other security statements  Restricted stock plans and stock options statements  Insurance Policies  Group benefits – (e.g., health, disability, life, legal plans)  Individually owned policies – ( e.g. life, health, disability, long term care, annuities, homeowners or renters, auto, liability umbrella) Public insurance and benefits statements  Education / Minor’s Savings Acct Education/ Minor’s Savings Account Statements 529, Coverdell, UTMA, and UGMA accounts   Tax Returns, Other Financial and Legal Documents Tax Returns, Other Financial and Legal Documents Previous two (2) years of income tax returns, including any gift tax returns previously filed Information on approximate value of collectable assets Partnership interest: (e.g., prospectuses, latest reports, K1 tax forms) Savings and bank account balance information    Copy of a recent pay stub(s)  Household budget, if available  Any estate planning documents, including information on any interests in trusts     Real Estate Statements  Approximate fair market value info, using online real estate estimates or appraisals  Mortgage statements, including basic provisions (start, rate, term, payment) of any mortgages and information regarding any repayments Other Liability Statements Terms of loans and information regarding any note payments such as auto, personal debts, etc.  Financial planning services can vary and are customized depending on each client’s circumstances and client requests. The financial planning services will be defined and agreed upon by both parties in advance. In addition, the amount of time it takes to provide these services is dependent on the quality and scope of the information that is provided by the client. In performing these services, Advocacy Financial is not required to verify any information received from the client or from the client’s other professionals (e.g., attorneys, accountants, etc.,) and is expressly authorized to rely on such information. Beyond ordinary Financial Planning, Advocacy Financial provides an array of customized Consulting Services which may vary greatly in depth and scope and may be offered in a variety of different situations or circumstances. We may consult regarding topics that are not covered under our general financial planning services or may not rise to the level of financial planning in the extent of data-gathering and breadth and depth of recommendations. We may consult on such items as a real estate purchase, a sale analysis, a review of a financial account, among other circumstances. The scope and cost of our consulting services are to be defined in writing prior to the engagement and will depend on the complexity of the situation. Consulting and Financial Planning services can be offered to any client who the advisor deems to have circumstances that could be aided by our services. Some factors in this determination may be the advisor’s experience and level of expertise with the situation. 5  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interests ahead of yours. As fiduciaries we are obligated to do the following: • Meet a professional standard of care when making investment recommendations (give prudent advice); • Never put our financial interests ahead of yours when making recommendations (give loyal advice); • Avoid misleading statements about conflicts of interest, fees, and investments; • Follow policies and procedures designed to ensure that we give advice that is in your best interest; • Charge no more than is reasonable for our services; and • Give you basic information about conflicts of interest. A conflict of interest exists due to Advocacy Financial having a financial incentive to offer itself for investment management and/or its associated registered reps and insurance agents for the purchase or sale of securities or insurance products where it receives a fee or part of a commissions or other additional compensation as a result of recommendations. In addition, there is an incentive to recommend a law firm under a common owner for legal services. This conflict is mitigated through disclosure and by making recommendations in the best interest of clients. Clients always have the right to act or not act on any of the recommendations by Advocacy Financial. Please see Other Industry Activities and Affiliations for more information. Investment and Wealth Management Services Advocacy Financial manages client investment portfolios on a discretionary or non-discretionary basis. As a fiduciary, Advocacy Financial always acts solely in a client’s best interests. Client portfolios are customized based on investment objectives. Advocacy Financial works with clients to identify their qualitative and quantitative information to determine investment goals and objectives, as well as risk tolerance, in order to recommend an appropriate portfolio allocation designed to complement the clients’ financial goals and objectives. Advocacy Financial may create a portfolio, consisting of, but not limited to, exchange traded funds (ETFs), individual stocks, bonds, annuities, REITS, options, no-load funds, and/or load-waived funds. Once an appropriate portfolio has been implemented, we will review the portfolio and rebalance periodically based upon client’s individual needs, goals, objectives, as well as macroeconomic circumstances. Advocacy Financial seeks to meet client investment objectives while providing clients with access to perspective and advice over time. Advocacy Financial may also provide advice about any type of legacy position or other investment held in client portfolios. Clients may engage Advocacy Financial to advise on certain investment products that are not maintained at a recommended custodian, such as variable life insurance and annuity contracts, and other assets held in employer sponsored retirement plans and qualified tuition plans. We may be asked to conduct asset management services for client’s held-away accounts (i.e., 401(k) participant accounts, etc.). In order to provide these services, the client will need to verify any custodial policies, provide our firm with account access information and advisor authorization or a limited power of attorney to provide services for the account; subsequently, such access may allow for control over those assets. In such event, Advocacy Financial can recommend and potentially allocate the account assets among the investment options available on the platform. Advocacy Financial will likely be limited to making recommendations regarding the allocation of the assets among the investment alternatives available through the sponsor. Advocacy Financial will likely not receive communications from the sponsor or custodian, and it shall remain the client’s obligation to notify Advocacy Financial of any changes in investment alternatives, restrictions, etc. pertaining to the account. 6  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC Clients may make requests or suggestions in writing regarding the investments in a portfolio. However, restrictions on trading which, in Advocacy Financial’s opinion, are not in a client’s best interest cannot be honored, and if forced, may result in the termination of an agreement. In cases where Advocacy Financial is not provided discretion by the client, the firm must receive permission from the client to make any trades on a non-discretionary basis. In non-discretionary accounts, clients have the right to decide whether to act upon Advocacy Financial’s recommendations. If clients elect to act on any of the recommendations, client has the right to affect a transaction through a provider unaffiliated with Advocacy Financial. ERISA 3(21) Fiduciary Services As part of our fiduciary responsibilities, we offer ERISA 3(21) services to clients with employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA). Under this service, we act as a co-fiduciary alongside the plan sponsor, providing advice and recommendations on plan investment options. Specifically, our role includes: 1. Investment Selection and Monitoring: We assist in the selection, evaluation, and ongoing monitoring of investment options available to plan participants, ensuring these options align with the plan's objectives and comply with ERISA's prudence and diversification requirements. 2. Investment Advice: We provide non-discretionary advice regarding the investment decisions for the plan, including asset allocation and fund choices. Our recommendations are designed to help the plan sponsor meet their fiduciary duty to act in the best interest of plan participants and beneficiaries. 3. Ongoing Plan Review: We provide periodic reviews of the plan’s investment lineup and provide updated recommendations based on performance, market conditions, and changes in regulatory requirements. As a 3(21) fiduciary, we do not have discretionary authority over plan assets but offer expert guidance to assist the plan sponsor in fulfilling their fiduciary duties under ERISA. This service is designed to help plan sponsors make informed, prudent decisions in the best interest of participants and beneficiaries while mitigating potential fiduciary risk. Wrap Program Advocacy Financial does not sponsor nor provide portfolio management services to a wrap fee program. Assets Under Management Advocacy Financial, as of December 31, 2025, had $103,416,660 in discretionary reportable assets under management and $0 in non- discretionary reportable assets under management for a total of $103,416,660 in assets under management. ITEM 5 – FEES AND COMPENSATION Financial Planning and Consulting Fees Advocacy Financial generally charges fees for financial planning and consulting services on a fixed basis, however, an hourly arrangement may be utilized. After a no-fee and no-obligation initial consultation, based on the services requested by the client, Advocacy Financial should prepare a quote for services to be provided. Flat fees are based on the complexity, nature, and time required to gather, analyze, and interpret relevant information. As plans and consulting become more complex, require additional expertise, and cover multiple topics, they may require additional time and fees. Fees are negotiable, but generally, fixed fee arrangements usually range from $1000 to $10,000. The hourly rate of financial planning is $300.00 per hour. Advocacy Financial does not take receipt of more than $1200 in fees per client more than six (6) months in advance of the provision 7  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC of services represented by the fees. A partial initial fee of $1200 may be charged, and the remainder of the fees can be charged in arrears, with the balance payable upon presentation of the analysis or completion of the agreed services. For clients with investment accounts managed by Advocacy Financial under a separate agreement, we may discount or waive all or a portion of the financial planning and/or consulting fees. Financial planning and consulting fees may be paid by personal check or the client may elect, by written authorization, to have their fee debited from an Advocacy Financial managed non-qualified account with a custodian approved for such fee debit payments. Advocacy Financial will send the client a written invoice including the fee, the formula used to calculate the fee and the time period covered by the fee, and if applicable, the amount of assets on which the fee was based. Clients may terminate agreements at any time, and if an agreement is terminated prior to completion, Advocacy Financial will invoice for all earned fees as of the date of termination. All fees will be disclosed to clients in writing prior to the engagement, and clients always have the right to decide whether to engage Advocacy Financial for Financial Planning or Consulting Services. Lower fees for comparable services may be available from other sources. Advocacy Financial has a conflict of interest due to offering financial planning, consulting, and investment management services, among other implementation capabilities. For example, when providing financial planning and consulting services, Advocacy Financial has an incentive to recommend itself for investment management services as Advocacy Financial receives additional compensation. Advocacy Financial mitigates conflicts of interest by disclosing conflicts to clients. If a conflict exists between the interests of the Advisor or its associated persons and the interest of a client, the conflict should be disclosed. The client always has the right to decide whether to act on any of the recommendations made by Advocacy Financial. If client elects to act on any of the recommendations, client has the right to effect transactions through a professional unaffiliated with Advocacy Financial. Our fiduciary obligation is to always act and recommend in the clients’ best interest. Please see Other Industry Activities and Affiliations for more information. Investment Management Fees Advocacy Financial offers investment management services and compensation for those services are calculated in accordance with an Investment Advisory Agreement signed by a client. The fee is negotiable and can vary depending on: Size of the relationship – actual or potential, i.e., larger balance accounts may receive more favorable pricing. Level of services needed – clients requesting more services may have higher fees, or reduced rates. Client relationship – history, legacy, or other relationship considerations. Trading activity and portfolio management – actively managed accounts can have higher fees. Employee and family related accounts can be charged reduced fees. • • Accounts within the same household may be combined for a reduced fee. • • • • Account with certain allocation types may have lower fees. • Advocacy Financial will not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status. In consideration of the services, Advocacy Financial charges a quarterly fee withdrawn directly from the Account(s) after the end of a quarter. The fee is determined by taking the annual percentage rate Client is charged, divided by four, multiplied by the quarter-end market value of the account. For example, a $1,000,000 account balance at the end of a quarter charged at a 1% annual rate is charged .25% per quarter, so $1,000,000 x .0025 = $2,500. The market value is the sum of the values of all assets in the account, not adjusted by any margin debit. In cases where an agreement commences or terminates during a partial quarter, the Account will be charged on a pro-rated basis based on the number of days of service. 8  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC The below regular fee schedule may be utilized, or the Advisor and Client may agree on a Flat Fee percentage rate. The Fee may be amended from time to time by written agreement signed by Client and Advisor. ANNUAL FEE Rate (%) ASSETS UNDER MANAGEMENT $0 – $249,999 2.00% $250,000 – $499,999 1.50% $500,000 – $999,999 1.25% $1,000,000 -- $2,499,999 1.00% $2,500,000 – $5,000,000 0.75% Over $5,000,000 Negotiable Generally, there is a minimum Account Size of $50,000 for an account, however, Advocacy Financial may be able to accommodate on a case-by-case basis. While we strive to maintain competitive fees, the same or similar services may be available from other firms at higher or lower fees. For purposes of determining value, securities and other instruments traded on a market for which actual transaction prices are publicly reported are valued at the last reported sale price on the principal market in which they are traded. When we provide investment management services, we do not charge additional fees to generally coordinate with your other professionals, such as attorney and/or accountant. Our fee includes the time and activities necessary to work with your other professionals in finding solutions, as well as assisting them in implementation of appropriate documents. We are not responsible for attorney, accounting, or other professional fees charged to you as a result of the above activities. Advocacy Financial requires written authorization from the client to deduct advisory fees from an account held by a qualified custodian. Advocacy Financial sends the qualified custodian written notice of the amount of the fee to be deducted from the client’s account. Advocacy Financial will send the client a written invoice itemizing the fee, including the formula used to calculate the fee, the time period covered by the fee, and the amount of assets under management on which the fee was based. Advocacy Financial fees are paid from the account by the custodian when we submit an invoice to them. We strongly urge you to compare our invoices to custodian statements for accuracy. If there is insufficient cash in your account to pay your fees, securities in your portfolio may be sold to cover the fee. While we seek to minimize other charges and fees, such as custodian and broker-dealer commissions, account transfer fees, short- term trading penalties, 12b-1 fees, and other similar charges,, these charges are to be paid out of the assets of client accounts or billed separately to the client and are in addition to investment advisory compensation paid to Advocacy Financial. While we take measures to ensure the fees charged are accurate, it is your responsibility to ensure the amount of fee charged is correct. In addition to invoices and reports sent by us, you will receive statements directly from custodians. Advocacy Financial does not accept commission for the sale of securities or other investment products in managed account(s), including asset-based sales charges, or service fees from the sale of mutual funds or any other charges from the custodian. 12b- 1 fees on accounts are retained by the custodians. For accounts which include No-Transaction Fee (NTF) mutual funds and/or NTF exchange traded funds, 12b-1 fees are paid to the custodian in lieu of the client paying transaction or trading costs. If a fund participates in the NTF platform and does not have a 12b-1 fee, the custodians generally receive a portion of the fund management fee. The participation of funds in an NTF platform generally does not increase the cost of the same share-class of the fund to the 9  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC client. Funds that do not participate in a custodian’s NTF platform may have lower expense ratios, which may result in a lower annual cost to the client; however, the client will likely incur transaction fees and trading costs. Clients may make additions and withdrawals in their account at any time, subject to Advocacy Financial right to terminate an agreement. Additions may be in cash or securities. Advocacy Financial reserves the right to liquidate any transferred securities and can decline to accept particular securities. Clients may withdraw account assets, subject to securities settlement procedures. Advocacy Financial generally designs client portfolios as long-term investment accounts and a withdrawal of assets may impair the achievement of a client’s objectives. We may consult with its clients about the implications. Clients are advised that when transferred securities are liquidated, they may be subject to custodian transaction fees, short-term redemption fees, fees assessed at the fund level (e.g., contingent deferred sales charges) and/or tax implications. When we conduct asset management services for client’s held-away accounts, the account billing cycle begins once the client agreement is executed and account assets have settled into the client’s separately identifiable account held by the custodian(s) of record, or once held-away account management access has been achieved for accounts being managed on a held-away basis. Depending on the custodian, fees for held-away asset account management may be charged in a direct or indirect manner (i.e., from another of the client’s accounts managed by Advocacy Financial at a recommended custodian). The investment advisory contract may be terminated by the client within five (5) days of signing the agreement without incurring any advisory fees or penalty. Ongoing, Advocacy Financial and clients can terminate agreements at any time upon receipt of written notice to the other party. If an agreement is terminated, and Advocacy Financial holds any pre-paid unearned fees, refund will be made within 30 days of the effective date of termination. Commissionable Securities Sales Representatives of our firm are registered representatives of Purshe Kaplan Sterling Investments, Inc (“PKS”), member FINRA/SIPC. As such they are able to accept compensation for the sale of securities or other investment products, including distribution or service (“trail”) fees from the sale of mutual funds. 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. Joseph M. Prisco Jr., managing member and CCO, has additional capacities that create a conflict of interest. Please see Other Financial Industry Activities and Affiliations for more information. ITEM 6 – PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT Advocacy Financial does not charge advisory fees based on the performance in your account, and therefore, does not engage in “side by side management.” ITEM 7 – TYPES OF CLIENTS Advocacy Financial generally provides financial planning, consulting, and asset management services to the following types of clients: Individuals Trusts Estates   High-Net-Worth Individuals    Business Entities  Pension and Profit-Sharing Plans  Charitable Entities 10  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC Generally, there is a minimum account size of $50,000 for an account, however, Advocacy Financial may be able to accommodate on a case-by-case basis. ITEM 8 – METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS When creating client investment recommendations, Advocacy Financial considers relevant client information including return objectives, risk tolerance, investment constraints, among other items. Constraints include items such as time horizon, tax considerations, legal constraints, liquidity requirements, or other various suitability factors identified by the advisor and client. We analyze multiple aspects of a client’s financial situation and objectives through a consultative approach, so that we can review forecasts and potential outcomes prior to recommending a specific portfolio. Advocacy Financial’s objective is long term appreciation and to help clients manage risk and returns while providing perspective in various market cycles and economic conditions to help avoid mistakes. Advocacy Financial abides by principles rooted in common sense and modern portfolio theory, namely, diversification and asset allocation. The focus is on steady growth and capital preservation, but each client has different needs and unique circumstances. Advocacy Financial focuses on cost-effective, after-tax results, aware that what matters is the net-return actually received by the client. Advocacy Financial does not rely on any one strategy or investment type. Advocacy Financial works to utilize what we believe to be the best available investment types for the client’s portfolio. Advocacy Financial uses multiple sources of information to obtain analysis and strategies, including sources such as subscriptions to economist’s research, market strategist research, financial publications, custodian’s economic research, webinars, financial conferences, corporate rating services, prospectuses, company press releases, annual reports, and filings with the SEC. Investment Strategies Advocacy Financial’s methods of analysis include strategies centering on the tradeoff between risk and return. “Asset allocation” and “diversification” based on Modern Portfolio Theory and Post-Modern Portfolio Theory, as well as behavior aspects to finance are most notably considered. Advocacy Financial has a sliding-risk-scale of portfolios based on potential volatility and expected return, as well as account type, for example, tax deferred or taxable account types. Allocating funds to different classes of financial assets can generally result in diversification. Diversification can potentially lower risks and volatility as different assets can react differently to any given economic environment. Modern Portfolio Theory is a theory of investment 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 choosing the proportions of various asset. Post-Modern Portfolio Theory is a portfolio optimization methodology that uses the downside risk of returns instead of the mean variance of investment returns used by modern portfolio theory (MPT). Both theories describe how risky assets should be valuated, and how rational investors should utilize diversification to achieve portfolio optimization. The difference lies in each theory's definition of risk, and how that risk influences expected returns. Portfolios generally utilize historical data in an attempt to predict an expected risk and expected return of a particular portfolio. Subscription software assists in a forward-looking exercise. Advocacy Financial seeks to exceed the expected return of the portfolio, as this would add value for clients. Nevertheless, past results and expected returns are not a guarantee of the future, and actual returns. 11  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC Risk of Loss All investments include a risk of loss and volatility that clients should be prepared to bear. Performance of any investment is not guaranteed. We use our best efforts, experience, and expertise to manage assets, however, we cannot guarantee any level of performance or that clients will not experience financial loss. Modern Portfolio Theory assumes that investors are risk averse, meaning that given two portfolios that offer the same expected return, investors will prefer the less risky one. Thus, an investor will take on increased risk only if compensated by higher expected returns. Conversely, an investor who wants higher expected returns must accept more risk. The exact trade-off will be the same for investors, but different investors will evaluate the trade-off differently based on individual risk aversion characteristics. The implication is that a rational investor will not invest in a portfolio if a second portfolio exists with a more favorable risk-expected return profile i.e., if for that level of risk an alternative portfolio exists which has better expected returns. The differences in risk, as defined by the standard deviation of returns (volatility,) between Post Modern Portfolio Theory and Modern Portfolio Theory is the key factor considered in portfolio construction. Modern Portfolio Theory assumes symmetrical risk whereas Post Modern Portfolio Theory assumes asymmetrical risk. Symmetric risk is when the risk and reward payoff are equal. Asymmetric risk is the risk an investor faces when the gain realized from the move of an underlying asset in one direction is significantly different from the loss incurred from its move in the opposite direction. Downside risk is measured by target semi- deviation, termed downside deviation, and captures what investors fear most: negative returns. Clients should be aware that there is a material risk of loss using any investment strategy. The investment types listed below (aside from bank CDs and Treasury securities) are not guaranteed or insured by the FDIC or any other government agency. Equity investments generally refers to buying shares of stocks in return for receiving a future payment of dividends and/or capital gains if the value of the stock increases. The value of equity securities may fluctuate in response to specific situations for each company, industry conditions, and the general economic environments. Fixed income investments generally pay a return on a fixed schedule, though the amount of the payments can vary. This type of investment can include corporate and government debt securities, leveraged loans, high yield, and investment grade debt and structured products, such as mortgage and other asset-backed securities, although individual bonds may be the best-known type of fixed income security. In general, the fixed income market is volatile and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. The risk of default on treasury inflation protected/inflation linked bonds is dependent upon the U.S. Treasury defaulting (extremely unlikely); however, they carry a potential risk of losing share price value, albeit minimal. Investing in mutual funds carries the risk of capital loss and thus you may lose money investing in mutual funds. All mutual funds have costs that lower investment returns. The funds can be of bond “fixed income” nature (lower risk) or stock “equity” nature, among other variations. Shares of mutual funds are generally distributed and redeemed by the fund itself or a broker acting on its behalf. The trading price at which a share is transacted is equal to a fund’s net asset value (“NAV”), plus any shareholders’ fees (e.g., sales loads, purchase fees, redemption fees). The NAV of a mutual fund is calculated at the end of a business day. A trading price of a mutual fund may differ significantly from the NAV during periods of market volatility which may lead to a mutual fund’s shares trading at a premium or discount to NAV. Shareholders are also liable for taxes on any fund-level capital gains, as mutual funds and ETFs (see below) are required to distribute capital gains in the event securities are sold and cannot be offset. An ETF is an investment fund traded on stock exchanges, similar to stocks, which generally attempts to track an index, hence they may be termed “index funds.” ETFs offer investors a way to pool money in a fund that makes investments in stocks, bonds, other assets, or some combination of these investments and, in return, receive an interest in that investment pool. ETFs do not sell 12  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC individual shares directly to, or redeem their individual shares directly from, retail investors. Instead, ETF shares are traded throughout the day on national stock exchanges and at market prices that may or may not be the same as the NAV of the shares. Investors in ETFs cannot directly influence which securities are included in the funds’ portfolios. Investing in ETFs carries the risk of capital loss. Areas of concern include index tracking error, the lack of transparency in products, increasing complexity, conflicts of interest, and the possibility of inadequate compliance. Although generally not utilized, precious metal and commodity ETFs may be negatively impacted by several unique factors, among them (1) large sales by the official sector which own a significant portion of aggregate world holdings, (2) a significant increase in hedging activities by producers, (3) a significant change in the attitude of speculators and investors. Annuities are insurance company issued products for those who may have the ability to pay a premium and desire to receive certain payments immediately or at some point in the future. Annuities are generally designed to meet long-term goals. An annuity is not a life insurance policy but may have death benefits as well as living benefits. Annuities come in many variations, including variable annuities, which are designed to be long-term investments, and meet retirement and other long-range goals. Annuities are typically not suitable for meeting short-term goals because substantial taxes and insurance company charges may apply if funds are withdrawn early. Annuities, especially variable annuities, also involve investment risks. Advocacy Financial may recommend an investment or allocation in real estate investment trusts (“REITs”), the shares of which can be either publicly traded or privately placed securities. REITs are investment vehicles with portfolios comprised mainly of real estate and mortgage related holdings. REITs can hold concentrations of investments tied to commercial and/or residential developments, which subject REIT investors to the risks associated with a downturn in the real estate market. REITS can give rise to interest rate risk, inflation, liquidity, counter-party risk, among other considerations. Advocacy Financial may recommend option contracts. Investments in options contracts have the risk of losing value in a relatively short period of time. Option contracts are instruments that allow the holder of a contract to control, reduce, or increase risk of other shares of an underlying security. Leverage, or borrowing for the purchase of options, can be used to offset risk but can also compound gains or losses. ITEM 9 – DISCIPLINARY INFORMATION Neither Advocacy Financial nor any of its associated personnel have ever been the subject of a reportable disciplinary or legal event. ITEM 10 – OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS Advocacy Financial is not registered, nor does it have an application pending to register, as a broker-dealer, futures commission merchant, commodity pool operator, commodity trading advisor, or an associated person of the foregoing entities. The principal business of Advocacy Financial is that of a registered investment advisor and provider of financial planning services. However, Advocacy Financial personnel may have additional capacities beyond financial planning and asset management, for example, as a lawyer, registered rep of a broker-dealer, and insurance agent. Multi-faceted Professionals can significantly benefit Clients due to increased breadth of skill, knowledge, and experience, however, Client must acknowledge that professional services pursuant to an Investment Advisory or Financial Planning Agreement are financial in nature only and are distinct and separate from other services, and the additional capacities create a conflict of interest due to additional compensation abilities. Other services are provided under a separate agreement(s) and are compensated for under separate arrangement(s). Client acknowledges that compensation by other services may influence a strategy recommended and there exists a potential or real conflict of interest. Furthermore, other services do not carry protections normally afforded as part of the services of registered investment advisors and are provided pursuant to distinct regulation and distinct licensing requirements. Joseph M. Prisco Jr. is a licensed practicing attorney admitted to the Bar of the State of Louisiana. Joseph M. Prisco Jr.’s legal practice is separate and distinct from financial planning and investment advisory services. In limited circumstances, he may serve 13  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC as legal counsel to Advocacy Financial’s advisory clients. These services are provided pursuant to a separate engagement and for separate fees, which are agreed upon prior to rendering legal services. A conflict of interest exists to the extent that Advocacy Financial recommends clients engage Joseph M. Prisco Jr. in the capacity as a lawyer and he receives compensation as a result. Clients have the right to decide whether to use Mr. Prisco’s legal services. As a fiduciary, Advocacy Financial will only make a recommendation when it is in the client’s best interest. Joseph M. Prisco Jr. is the managing member of Legacy Louisiana, LLC. Legacy Louisiana is a platform for attorneys and their clients to market and provide technology for certain legal services and is one-third owned by Mr. Prisco. Representatives of our firm are registered representatives of PKS, member FINRA/SIPC, and licensed insurance agents. As a result of these transactions, they receive commissions. A conflict of interest exists as these commissionable sales create an incentive to recommend products based on the compensation earned. To mitigate this potential conflict, our firm will act in the client’s best interest. Advocacy Financial will disclose any material conflict of interest relating to Advocacy Financial, its representatives, and any of our associates which could reasonably be expected to impair the rendering of unbiased and objective advice. As fiduciaries, Joseph M. Prisco Jr. and Nicholas A. Bowers will only act in the client’s best interest. Item 10c. Registration Relationships Material to this Advisory Business and Possible Conflicts of Interests The principal business of Advocacy is that of a registered investment adviser and provider of financial planning services. Some of the principals and associated persons of the firm are licensed as insurance agents and consultants. When acting in the capacity of an insurance agent, the Adviser and associated persons receive the usual and customary commissions or fees associated with the insurance products that the client purchases. Receiving commissions on insurance products may create a conflict of interest. To mitigate this conflict, clients are informed of the potential compensation received, and the client is reminded that they are free to select another insurance broker for implementation of advisor's insurance recommendations and all recommendations are made in accordance with the fiduciary duty owed to our clients. Item 10d. - Selection of Other Advisors and How this Advisor is Compensated for those Selections. Advocacy Financial may recommend outside money managers or sub-advisors. In the event that we recommend a Sub-Adviser, we do not share in their advisory fee. Our fee is separate and in addition to their compensation (as noted in Item 5 of this brochure). In addition, Clients will receive a copy of the Sub-Adviser’s Form ADV 2A, Firm Brochure, which also describes the Sub-Adviser’s fee. You are not obligated, contractually or otherwise, to use the services of any Sub-Adviser we recommend. SyntheticFI Advocacy Financial has a relationship with SyntheticFI. The client pays the SyntheticFI management fee. The fees charged by SyntheticFi will be disclosed to the client in the ADV Part 2A and in their client agreement. SyntheticFi will not be compensated on the basis of a share of capital gains upon or capital appreciation of the funds or any portion of the funds of the Account. O’Shaughnessy Asset Management, L.L.C. doing business as Canvas Advocacy Financial has a relationship with Canvas. The client pays the Canvas management fee. The fees charged by Canvas will be disclosed to the client in the ADV Part 2A and in their client agreement. 14  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC Canvas will not be compensated on the basis of a share of capital gains upon or capital appreciation of the funds or any portion of the funds of the Account. Due Diligence and Oversight Advocacy Financial will conduct due diligence on Sub-Adviser platforms and the underlying investment strategies to confirm that the use of these Sub-Advisers is suitable and consistent with a client’s goals. Advocacy Financial conducts initial and ongoing due diligence on Sub-Advisers, which may include a review of the manager’s registration status, regulatory history, investment strategy, performance history, fee structure, operational capabilities, and compliance policies. Advocacy also periodically reviews account performance and other relevant information provided by the Sub- Adviser. However, Advocacy does not control the day-to-day management of assets by Sub-Advisers and cannot guarantee their future performance. ITEM 11 – CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING We have adopted a Code of Ethics to which all investment advisor representatives and employees are bound to adhere. The key component of our Code of Ethics states that Advocacy Financial and its investment advisor representatives and employees shall always: • Act with integrity, competence, dignity, and ethically when dealing with the public, clients, prospects, employers, • and employees. Exercise authority and responsibility for the benefit and interest of clients first and to refrain from having outside interests that conflict with the interests of its clients. • Avoid any circumstances that might adversely affect its duty of loyalty to its clients. • Refrain from disclosing any nonpublic personal information about a client to any nonaffiliated third party unless the client gives permission to Advocacy Financial to do so. All client information will otherwise be treated as confidential. • Maintain the security of nonpublic information, including information stored on computers. In addition, our practice is to monitor personal securities transactions of employees who have prior or concurrent access to client trade information. Advocacy Financial always tries to obtain the best price for the client. Advocacy Financial has in place processes to allow contemporaneous trading (submitting Advocacy Financial or employee orders at the same time as client order) in block or aggregate trades. In other cases, except in the case of unaffiliated mutual funds, we will always trade individual securities in a client account before we trade Advocacy Financial or employee accounts. Advocacy Financial, or its employees, may buy and sell some of the same securities for our own accounts that we buy and sell for clients. In some cases, Advocacy Financial, or its employees, may buy or sell securities for our own accounts and not for clients’ accounts, as it may not meet the objectives or plans for the client. We will always evaluate our activity from the viewpoint of clients to ensure that any and all required disclosures are made. For example, we will disclose anything that would cause clients to be unfairly influenced to make any decision regarding actions or inactions in client accounts. Advocacy Financial does not buy or sell between Advocacy Financial, our employees or our clients’ accounts. ITEM 12 – BROKERAGE PRACTICES Advocacy Financial does not maintain custody of your assets that we manage. Your assets must be maintained in an account at a “qualified custodian,” generally a broker-dealer or bank. We recommend that our clients use either Fidelity Institutional Wealth Services (“Fidelity”) or Charles Schwab & Co. Inc. (“Schwab”) as the qualified custodian. Advocacy Financial is independently owned and operated and not affiliated with Fidelity or Schwab. 15  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC Custodians will hold your assets in a brokerage account and buy and sell securities when instructed to do so. While we recommend that you use Fidelity or Schwab as custodian/broker, you will decide whether to do so and open your account by entering into an account agreement directly with them. If you do not wish to place your assets with Fidelity or Schwab, then we cannot manage your account. Fidelity and Schwab are third-party custodians and will provide clients with monthly statements and confirmations of actions in an account, including asset values and any additions or withdrawals. It is recommended that clients review custodian statements for accuracy. Advocacy Financial does not receive client referrals from Fidelity or Schwab. Advocacy Financial has selected Fidelity and Schwab based on experience, financial strength, reputation, price, reliability, speed of processing, tools, research, “best execution,” among other considerations. Advocacy Financial will periodically review its recommendation for a custodian in light of its duty to clients. While clients are not required to effect transactions through any custodian recommended by us, we believe we have made our selections based on a totality of benefits they offer and can only offer our services based on our recommendations. Advocacy Financial does not permit clients to direct brokerage managed assets. Advocacy Financial may purchase or be provided with software, tools, training programs, seminars, conferences, and education services from the custodian as non-financial benefits for using custodian’s services. These benefits are sometimes referred to as “soft dollar” benefits. Advocacy Financial endeavors, at all times, to act in the client’s best interest, but clients should be aware that the receipt of the benefits discussed above can create conflicts of interest by influencing the choice of a Custodian. 1. Advocacy Financial adheres to the Code of Ethics as outlined above. 2. Advocacy Financial believes the benefits provided by custodians for clients and Advocacy Financial far outweigh any potential drawbacks. 3. Advocacy Financial will always act in accordance with all applicable federal and state regulations governing registered investment advisory practices. 4. Advocacy Financial emphasizes that you always have the right to choose another investment advisor to avoid any conflict of interest. Advocacy Financial is authorized to aggregate purchases and sales and other transactions made for clients with purchases and sales and other transactions in the same or similar securities or instruments for other clients. When aggregate transactions are done, the actual prices applicable to the aggregated transactions will be averaged, and the account will be deemed to have purchased or sold its proportionate share of the securities or instruments involved at the average price obtained. Directed Brokerage For held-away accounts with an outside custodian of the client’s choice, the client may choose to request that a particular broker is used to execute some or all account transactions. Under these circumstances, the client will be responsible for the terms and/or arrangements involving their account with that broker. Advocacy Financial will not be obligated to seek better execution services or prices from these other brokers, and we will be unable to aggregate transactions for execution via our custodian with other orders for accounts managed by our firm. As a result, the client may pay higher commissions or other transaction costs, potentially experience greater spreads, or receive less favorable net prices on transactions for their account than would otherwise be the case. ITEM 13 – REVIEW OF ACCOUNTS Accounts receiving investment management services are reviewed by Joseph M. Prisco Jr. and Nicholas A. Bowers, the frequency of reviews is determined based on client’s investment objectives, not less than quarterly. More frequent reviews are triggered by a change in client objectives, tax considerations, large deposits or withdrawals, large sales or purchases, changes in management, changes in economic climate, among other considerations. Clients should inform Advocacy Financial of any changes to circumstances. At least annually, Clients and Advocacy Financial should review your financial goals, investment objectives, and any life changes. 16  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC Accounts receiving investment management services are monitored and performance reports of certain investments are provided by request, and quarterly. Portfolio reports are generated with data provided by the custodian. Investment advisory clients also receive standard account statements from the custodian of their accounts. We recommend clients compare reports to custodian statements for accuracy. ITEM 14 – CLIENT REFERRALS AND OTHER COMPENSATION Advocacy Financial does not receive economic benefits from third parties for the advice we render to our clients. ITEM 15 – CUSTODY As noted in Item 12, Advocacy Financial, LLC, does not maintain custody of client assets. Third party custodians are utilized for custody, brokerage, and clearing services of client assets: Fidelity Institutional Wealth Services (“Fidelity”) and Charles Schwab & Co. Inc. (“Schwab”). Fidelity and Schwab are third-party custodians and will provide clients with monthly statements and confirmations of actions in an account, including asset values and any additions or withdrawals. Advocacy Financial never has physical custody of client funds or securities. Assets will be maintained by an unaffiliated custodian. Advocacy Financial is deemed to have custody of client funds solely because of the client authority to deduct advisory fees from client accounts. The custodian will send client statements as least quarterly, which will include fees charged by Advocacy Financial. Please see the Fees and Compensation section. Advocacy Financial shall have no liability to the Client for any loss or other harm to any assets or property in the Account resulting from the insolvency of the custodian or any unauthorized or independent acts of the agents or employees of the custodian regardless of whether the full amount of such loss is covered by Securities Investor Protection Corporation (“SIPC”) or any other insurance which may be carried by the custodian. The client understands that SIPC provides only limited protection for the loss of property held by a custodian broker-dealer. A custodial account agreement must also be executed for investment advisory agreements to take effect. When we conduct asset management services for held-away accounts, we may have access to clients’ user ID and password. Such access may allow physical control over client assets. As a result, Advocacy Financial is considered to have custody. Advocacy maintains safeguards to protect this information. Advocacy Financial will undergo a surprise audit annually by an unaffiliated accounting firm that is in turn subject to review by the Public Company Accounting Oversight Board (PCOAB). ITEM 16 – INVESTMENT DISCRETION Advocacy Financial may be given discretionary authority by clients to execute transactions without client’s prior approval, on behalf of those clients. This includes the buying or selling of securities, rebalancing and selection of portfolios, or the disbursement of funds directly to the client as requested or arranged. Discretionary authority is granted on an Investment Advisory Agreement and the agreement is signed by the client. In cases where Advocacy Financial is not given discretion, we must receive permission from the client to make any trades on a non-discretionary basis. Clients may make requests or suggestions in writing regarding the investments made in their portfolio. Restrictions on trading which, in our opinion, are not in client’s best interest cannot be honored, and if forced by the client, may result in the termination of an investment advisory agreement. 17  Disclosure Brochure, Form ADV Part 2A 2026 Advocacy Financial, LLC ITEM 17 – VOTING CLIENT SECURITIES The clients of Advocacy Financial retain the authority to proxy vote. Clients should ensure that proxy ballots are sent to them by selecting this option on custodial application forms. Clients are welcome to delegate proxy voting authority to a third-party representative (non-advisory personnel) by filing the appropriate custodial form. Advocacy Financial will not accept authority to vote client proxies. This is set forth in Advocacy Financial's advisory agreement. Should Advocacy Financial inadvertently receive proxy information for a security held in clients' accounts, we are to forward such information on to clients, but will not take further action with respect to the voting of such proxy. Clients may contact Advocacy Financial for advice or information about a particular proxy vote, however, Advocacy Financial shall not be deemed to have proxy voting authority solely as a result of providing such advice to clients. ITEM 18 – FINANCIAL INFORMATION Advocacy Financial does not solicit prepayment of more than $1200 in fees per client six (6) months or more in advance. Advocacy Financial has no financial issues that could impair its ability to carry out our fiduciary duty to our clients. Advocacy Financial has never been the subject of a bankruptcy petition. 18