CORE WEALTH ADVISORS

Item 1 – Cover Page 150 W Market St, Suite 712 Indianapolis, IN 46204 Telephone: 317-497-0569 www.mycorewealthadvisors.com March 27, 2026 This brochure provides information about the qualifications and business practices of CORE Wealth Advisors. If you have any questions about the contents of this brochure, please contact us at 317-497-0569 or info@mycorewealthadvisors.com. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about CORE Wealth Advisors is available on the SEC’s website at www.adviserinfo.sec.gov. The searchable IARD/CRD number for CORE Wealth Advisors is 157436. CORE Wealth Advisors, LLC is a registered investment advisor. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. 1  Item 2 – Material Changes CORE Wealth Advisors has had no material changes since its last update. 2  Item 3 – Table of Contents Item 1 – Cover Page………………………………………………………………………………………………1 Item 2 – Material Changes……………………………………………………………………………………….2 Item 3 – Table of Contents……………………………………………………………………………………….3 Item 4 – Advisory Business………………………………………………………………………………………4 Item 5 – Fees and Compensation……………………………………………………………………………….6 Item 6 – Performance Based Fees and Side by Side Management……………………………………...9 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……………………………………………14 Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading.16 Item 12 – Brokerage Practices……………………………………….………………………………………..18 Item 13 – Review of Accounts………………………………………………………………………………….20 Item 14 – Client Referrals and Other Compensation………………………………………………………21 Item 15 – Custody…………………………………………………………………………………………………22 Item 16 – Investment Discretion……………………………………………………………………………….23 Item 17 – Voting Client Securities…………………………………………………………………………….24 Item 18 – Financial Information………………………………………………………………………………..25 3  Item 4 – Advisory Business CORE Wealth Advisors is an independent and comprehensive wealth management firm focused on providing objective, unbiased and prudent investment guidance to individuals and businesses. CORE Wealth Advisors will take a fundamental approach to providing investment guidance to assure portfolios are engineered to withstand all market conditions. CORE Wealth Advisors will focus predominately on strategic asset allocation strategies while utilizing tactical allocation in a small portion of the portfolio. CORE Wealth Advisors was registered and setup in the state of Indiana on March 14th, 2011. The firm is owned by managing members Joby P. Norris and Bradley A. Good in equal share amounts of fifty percent each. The managing members are both investment advisors for the firm. The Chief Compliance Officer (CCO) for the firm is Bradley A. Good. CORE Wealth Advisors sets itself apart from other firms by offering customized strategies built upon trust we have established with each of our clients. This approach allows us to act much more like a boutique firm that is focused on maintaining and building deep relationships built upon the cornerstone of trust. The firm will focus on only providing unbiased and objective advice on how to build, grow and transfer family and business wealth. The managing members of the firm have over forty years of experience in the financial services industry. CORE Wealth Advisors is a Registered Investment Advisor in the state of Indiana and is registered with the Securities and Exchange Commission. CORE Wealth Advisors will provide its clients with discretionary account management services. These services may include assistance in determining appropriate risk and return objectives for each client in relation to his/her other holdings; defining the appropriate asset configuration which is most likely to achieve the client’s objectives; selecting specific securities and market sectors to best meet client objectives; and assuming discretionary responsibility for aspects of day-to-day management and investments of the client’s account. Once an appropriate asset mix is selected, customization of the portfolio can be implemented based on the individual needs of the Client. A client may impose restrictions on investing or divesting certain securities or security types with either oral or written communication. CORE Wealth Advisors will offer its products through separate account management. CORE Wealth Advisors offers two different investment models, CORE Accumulation and CORE Preservation. CORE Accumulation is for account balances greater than $50,000 and for those clients that are primarily in the growth mode. CORE Accumulation will primarily utilize Exchange Traded Funds (ETFs) and Mutual Funds for the equity component and any alternative investment exposure in the portfolio. At our discretion, CORE Accumulation may use individual bonds for the fixed income portion of the portfolio. CORE Preservation is a fixed income only portfolio utilizing individual fixed income securities. In managing all portfolios, we will look to be as tax and cost efficient as possible by holding investments typically longer than 12 months. However, due to our tactical approach, we may hold investments for less than twelve months and in some cases, for less than 30 days. 4  CORE Wealth Advisors also provides non-discretionary Financial Planning for its clients. Such services consist of a consultation during which pertinent information about a client’s financial circumstances and objectives are discussed. This information is reviewed and analyzed producing a financial plan. The fee charged for this service will be an hourly rate of $300.00. A $300.00 retainer may be payable upon signing the agreement. This fee constitutes a credit balance against which hourly fees will be charged. The firm will account to you as to fees charged against this advance monthly. Financial planning services will be deemed to have been completed upon delivery of the financial plan, which can be made either in person or by electronic means and will generally take place within 30 days of execution of this agreement. Consulting services may be delivered over the phone, in person or by electronic means. Any balance due will be payable within fifteen (15) calendar days of delivery of the agreed upon financial plan. Any unearned fees will be refunded at the completion of the services. Financial planning services include the following: Retirement Income Planning/Withdrawal Rate Analysis, Retirement Accumulation Planning, Investment and Allocation Guidance, Insurance Planning, 401k Planning and Investment Selection, Deferred Compensation, Executive Compensation, Tax Sensitive Asset Management, Tax Planning, Estate Planning and Analysis, Charitable Giving Strategies, Education Planning, Cash Flow Analysis, Equity Compensation/Stock Option Planning and Analysis. CORE Wealth Advisors primarily manages client assets on a discretionary basis. Discretionary assets under management as of March 27, 2026, are $143,776,874. As licensed insurance agents, it is anticipated that insurance planning opportunities will develop through the natural course of the financial planning process and insurance products may be recommended from time to time. The products recommended may be sold in exchange for commission. 5  Item 5 – Fees and Compensation All fees will be payable quarterly in arrears for accounts held with our current custodian, Charles Schwab. For accounts not held with our custodian, the quarterly fee will be assessed on the ending balance for the quarter. Client may terminate this agreement by giving written notice to CORE Wealth Advisors, which shall become effective five (5) business days after actual receipt by CORE Wealth Advisors. The current separate account fee schedule is generally 1.00% annually of assets under management. See page 9 for the detailed fee schedule. Client will compensate CORE Wealth Advisors for its services under this Agreement based on a percentage of the average daily balance of the assets in the account for each calendar quarter according to the fee schedule on Schedule A of the Client Agreement for accounts held with our current custodian. The method used by CORE Wealth Advisors is the actual average daily balance method, which is calculated by adding the ending daily balance for each calendar day of the quarter and dividing by 90 days each quarter. Fees will be withdrawn from the client’s account in arrears. Client may be given the option to have their advisory fees invoiced. Fees will be separately stated on the client’s statement received from the custodian in the month in which they are charged. There will be a simultaneous mailing of the fee invoice to the custodian and the client. The client invoice will reflect the formula used to calculate the fees, the time period covered by the fee, and the amount of assets under management on which the fee was based. All fees will be withdrawn from the client’s account in arrears on a calendar quarterly basis unless they select the option to have their advisory fees invoiced. In connection with CORE Wealth Advisors advisory fee, the custodian may impose commissions on the purchase and/or liquidation of securities which would include fixed income, exchange traded products, equities, and mutual funds. CORE Wealth Advisors will generally allocate brokerage to those firms providing the best service at the lowest price, but may, from time to time, pay a brokerage commission in excess of that which another broker might have charged for the same transaction in recognition of the value of brokerage and/or research services generally provided to CORE Wealth Advisors. In addition, the Client is subject to the internal expenses of the above-mentioned securities. CORE Wealth Advisors does not receive compensation in connection with the purchase or sale of securities, including asset-based sales charges, commissions, markups or service fees from the sale of mutual funds. As licensed insurance agents, it is anticipated that insurance planning opportunities will develop through the natural course of the financial planning process and insurance products may be recommended from time to time. The products recommended may be sold in exchange for a commission. Insurance products sold to a Client in which a commission was received will not be assessed an advisory or financial planning fee. If an insurance product is selected for a Client, CORE Wealth Advisors will disclose that a commission will be charged rather than an advisory or financial planning service fee. This may present a conflict of interest, in which, the commission derived from the insurance product could be greater than the fee received from CORE Wealth Advisors 6  advisory and financial planning services. To ensure that the Client’s needs are met with the most appropriate financial solution, we will offer insurance products when they are a more suitable option as an alternative or in conjunction with our advisory and financial planning services. Currently, it is anticipated that less than 1% of CORE Wealth Advisors revenue is derived from the sale of commission-based insurance products. Clients have the option to purchase the recommended insurance product from other brokers or agents that are not affiliated with CORE Wealth Advisors. CORE Wealth Advisors Fee Schedule at the effective date is as follows (subject to revision as provided in the Client Agreement)**: CORE Accumulation Advisory Fee* on account assets up to $1,000,000…………….…….1.00% annual (0.25% per quarter) on account assets from $1,000,001 to $1,500,000... 0.95% annual (0.2375% per quarter) on account assets from $1,500,001 to $2,000,000… 0.85% annual (0.2125% per quarter) on account assets from $2,000,001 to $2,500,000… 0.80% annual (0.20% per quarter) on account assets from $2,500,001 to $3,000,000… 0.75% annual (0.1875% per quarter) on account assets from $3,000,001 to $5,000,000… 0.65% annual (0.1625% per quarter) on account assets over $5,000,001…………………… Negotiable *For purposes of clarity, it is not a tiered fee schedule and thus by way of example, if a client has $1.6 million under management, the annual advisory fee will be 0.85%. **Minimum Annual Advisory Fee: $500.00 CORE Preservation Advisory Fee* on account assets up to $1,000,000……………….0.375% annual (0.09375% per quarter) on account assets from $1,000,001 to $3,000,000…0.25% annual (0.0625% per quarter) on account assets over $3,000,001………………..Negotiable *For purposes of clarity, it is not a tiered fee schedule and thus by way of example, if a client has $1.5 million under management, the annual advisory fee will be 0.25%. **Minimum Annual Advisory Fee: $500.00 7  CORE Wealth Advisors also provides non-discretionary Financial Planning for its clients. Such services consist of a consultation during which pertinent information about a client’s financial circumstances and objectives are discussed. This information is reviewed and analyzed producing a financial plan. The fee charged for this service will be an hourly rate of $300.00. A $300.00 retainer may be payable upon signing the agreement. This fee constitutes a credit balance against which hourly fees will be charged. The firm will account to you as to fees charged against this advance monthly. Financial planning services will be deemed to have been completed upon delivery of the financial plan, which can be made either in person or by electronic means and will generally take place within 30 days of execution of this agreement. Consulting services may be delivered over the phone, in person or by electronic means. Any balance due will be payable within fifteen (15) calendar days of delivery of the agreed upon financial plan. Any unearned fees will be refunded at the completion of the services. While CORE Wealth Advisors fees are typically based upon the fee schedule, CORE Wealth Advisors’ fees may vary among Clients depending on a Client’s particular circumstance, including length of a Client’s relationship, different fee schedules over time, and the amount of portfolio assets. Also, CORE Wealth Advisors may from time to time waive, reduce, or adjust a Client’s fees depending on a Client’s circumstance. Upon the commencement or termination of a Client’s relationship, CORE Wealth Advisors initial or final fees are prorated. 8  Item 6 – Performance-Based Fees and Side-By-Side Management CORE Wealth Advisors does not engage in Performance-Based Fees – that is, fees based on a share of capital gains on or capital appreciation of the assets of the Client (such as a Client that is a hedge fund or other pooled investment vehicle). CORE Wealth Advisors practice also does not include Side-By-Side management, which is the practice of having mutual fund managers simultaneously running hedge funds. 9  Item 7 – Types of Clients CORE Wealth Advisors generally provides investment advice to individuals, pension plans, profit sharing plans, trust, estates, charitable organizations, and corporations or business entities other than those listed above. Currently, CORE Wealth Advisors does not have a minimum account size or any requirements to maintain an account. 10  Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss CORE Wealth Advisors investment strategy utilizes Modern Portfolio Theory to assist us in the construction and management of our strategic asset allocation and diversification of our investment portfolios. The purpose of Modern Portfolio Theory is to select a collection of investment assets that has collectively lower risk than any individual asset. Asset allocation consists of the mix of stocks, bonds, cash and alternative asset classes used to construct the portfolio. Modern Portfolio Theory does not prevent investment losses. Investing in securities involves risk of loss that Client’s should be prepared to bear. To supplement Modern Portfolio Theory, CORE Wealth Advisors will also use tactical asset allocation. Tactical asset allocation is an active investment strategy that adjusts your overall portfolio asset mix based on new information and discernible trends in the global markets. This is different from ‘rebalancing’, which is often a calendar based, mechanical process of bringing portfolios back to their strategic asset mix. We believe in selecting investments with low management fees and transaction costs. Index based investments, along with tax advantages and built-in diversification within market segments, offer especially low expenses. Accordingly, our actively managed portfolios will incorporate low-cost exchange traded funds (ETFs), mutual funds and individual fixed income as core positions in each portfolio to reduce cost, enhance consistency and promote tax efficiency. Exchange traded funds and mutual funds are subject to risks like those of stocks and bonds. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Investing in Individual Fixed Income has the potential for the following risks:   Inflation Risk: Bonds, because of their relative safety, tend not to offer extraordinarily high returns and therefore are particularly vulnerable when inflation rises. Interest Rate Risk: Bond prices have an inverse relationship to interest rates. When one rises, the other typically falls.  Default Risk: The risk that companies or individuals will be unable to make the required payments on their debt obligations.  Liquidity Risk: The risk stemming from the lack of marketability of an investment that cannot be bought or sold quickly enough to prevent or minimize a loss.  Call Risk: The risk faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem the issue prior to maturity. This means the bondholder will receive payment on the value of the bond and, in most cases, will be reinvesting in a less favorable environment (one with a lower interest rate). Past performance is no guarantee of future results. 11  CORE Wealth Advisors will use several methods of analysis in formulating investment advice and in developing our investment strategies. These methods include fundamental analysis and technical analysis which includes charting. These methods of analysis do not prevent investment losses. Investing in securities involves risk of loss that Clients should be prepared to bear. All of CORE Wealth Advisors investment strategies can invest in securities that involve the risk of loss. Fundamental analysis is the method of evaluating a security that entails attempting to measure its intrinsic value by examining related economic, financial and other qualitative and quantitative factors. Fundamental analysts attempt to study everything that can affect the security’s value, including macroeconomic factors (i.e. the overall economy and industry conditions) and company-specific factors (i.e. financial conditions and management). Technical analysis (charting) is the method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysis does not attempt to measure a security’s intrinsic value, but instead uses charts and other tools to identify patterns that can suggest future activity. We believe in the use of relative strength analysis (the strength of a security in relation to its sector or the overall market) to aid us in owning what we believe are the strongest asset classes and sectors. We are not constrained by benchmark sector weightings. Our strategy is not considered market timing, rather, we believe in taking a more defensive position when our indicators tell us to do so. 12  Item 9 – Disciplinary Information There are no legal or disciplinary events that are material to a client or prospective client’s evaluation of CORE Wealth Advisors advisory and financial planning business or the integrity of our management. 13  Item 10 – Other Financial Industry Activities and Affiliations No management persons are registered, or have an application pending to register, as a broker-dealer or a registered representative of a broker-dealer. No management persons are registered, or have an application pending to register, as a futures commission merchant, commodity pool operator, a commodity trade advisor, or an associated person of the foregoing entities. CORE Wealth Advisors has a material relationship with our current custodian, Charles Schwab. However, CORE Wealth Advisors and client will mutually agree to determine the broker or brokers through whom they custody their assets, and the commission rates at which transactions will be executed. Notwithstanding the foregoing, it is anticipated that CORE Wealth Advisors and client will form a working relationship with Charles Schwab. Brokers will be selected based on the ability to provide the best price and best execution and only secondarily based on research services. If the quality of brokerage services between and among brokers is essentially the same, CORE Wealth Advisors will consider the quality of the research services provided by such firms in terms of accuracy, thoroughness, timeliness, uniqueness and overall benefit to accounts under management in allocating brokerage among such firms. CORE Wealth Advisors will generally allocate brokerage to those firms providing the best service at the lowest price, but may, from time to time, pay a brokerage commission in excess Of that which another broker might have charged for the same transaction in recognition of the value of brokerage and/or research services generally provided to CORE Wealth Advisors. When CORE Wealth Advisors receives research services (as defined in Item 12: Brokerage Practices) CORE Wealth Advisors will seek to comply with the conditions set forth in Section 28(e) of the Securities Exchange Act of 1934. Mr. Norris maintains an Indiana insurance license and may engage in insurance planning and sales activities. Mr. Norris anticipates that he will spend approximately 1% of his time on the insurance business. It is anticipated that the insurance planning opportunities will develop through the natural course of the financial planning practice as insurance analysis is a component of the typical financial plan. Mr. Good also maintains an Indiana insurance license and may engage in insurance planning and sales activities. Mr. Good anticipates that he will spend approximately 1% of his time on the insurance business. It is anticipated that the insurance planning opportunities will develop through the natural course of the financial planning practice as insurance analysis is a component of the typical financial plan. As licensed insurance agents, it is anticipated that insurance planning opportunities will develop through the natural course of the financial planning process and insurance products may be recommended from time to time. The products recommended may be sold in exchange for a commission. Insurance products sold to a Client in which a commission was received will not be assessed an advisory or financial planning fee. If an insurance product is selected for a Client, CORE Wealth Advisors will disclose that a commission will be charged rather than an advisory or financial planning service fee. This may present a conflict of interest, in which, the commission derived from the 14  insurance product could be greater than the fee received from CORE Wealth Advisors advisory and financial planning services. To ensure that the Client’s needs are met with the most appropriate financial solution, we will offer insurance products when they are a more suitable option as an alternative or in conjunction with our advisory and financial planning services. Currently, it is anticipated that less than 1% of CORE Wealth Advisors revenue is derived from the sale of commission-based insurance products. Clients have the option to purchase the recommended insurance product from other brokers or agents that are not affiliated with CORE Wealth Advisors. CORE Wealth Advisors does not select, nor do we recommend, other investment advisors to our Clients. In addition, we do not have business relationships with other investment advisors that would create a material conflict of interest. 15  Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading CORE Wealth Advisors or a related person may buy or sell for itself securities that it also recommends to its clients. Every employee of CORE Wealth Advisors is required to read the Code of Ethics and the Policy Relating to Trading Securities by Personnel of Investment Advisor. These documents cover prohibited transactions, prohibition of insider trading and the requirement of filling out a quarterly personal transactions report which is reviewed by the CORE Wealth Advisors compliance officer. Further, every client or perspective client will also, upon request, receive a copy of the Company’s Code of Ethics. CORE Wealth Advisors has adopted a code of ethics to: (i) (ii) (iii) Set forth standards of conduct expected of advisory personnel (including compliance with federal securities laws); Safeguard material non-public information about client transactions; and Require ‘access persons’ to report their personal securities transactions. In addition, the activities of an investment advisor and its personnel must comply with the broad antifraud provisions of Section 206 of the Advisers Act. As an investment advisor firm, we have an overarching fiduciary duty to our clients. They deserve our undivided loyalty and effort, and their interests come first. We have an obligation to uphold that fiduciary duty and see that our personnel do not take inappropriate advantage of their positions and the access to information that comes with their positions. The Advisor holds their directors, officers, and employees accountable for adhering to and advocating the following general standards to the best of their knowledge and ability:  Always place the interest of the clients first and never benefit at the expense of advisory clients.  Always act in an honest and ethical manner, including in connection with and the handling and avoidance of actual or potential conflicts of interest between personal and professional relationships.  Always maintain the confidentiality of information concerning the identity of security holdings and financial circumstances of clients.  Fully comply with all applicable laws, rules, and regulations of federal, state and local governments and other applicable regulatory agencies.  Proactively promotes ethical and honest behavior with the Advisor, including, without limitation, the prompt reporting of violations of, and being accountable for adherence to, this Code of Ethics. CORE Wealth Advisors may incorporate the use of artificial intelligence (AI) in daily interactions. The use of AI may include, but is not limited to, email and phone services, such as notetaking. This use will be monitored, and security measures will be taken to ensure client information is not compromised or used beyond the individual session for 16  which AI is used. Specifically, AI may be used to create emails to clients and take notes on phone calls. The risk of AI includes capturing notes incorrectly, or inaccurately, and thus it is imperative that we double check every note or item created by AI. The goal of incorporating AI into our daily use is to create more efficiencies for the firm and allow us to spend more time with our clients. Failure to comply with the Advisor’s Code of Ethics may result in disciplinary action, including termination of employment. 17  Item 12 – Brokerage Practices CORE Wealth Advisors and client will mutually agree to determine the broker or brokers through whom they custody, and the commission rates at which transactions will be executed, for client accounts. Notwithstanding the foregoing, it is anticipated that CORE Wealth Advisors and the Client will form a working relationship with Charles Schwab. Brokers will be selected based on the ability to provide the best price and best execution and only secondarily based on research services. CORE Wealth Advisors does not receive any soft-dollar benefits, nor do we receive any proprietary research or other products or services that are not generally available to all of the custodian’s clients. If the quality of brokerage services between and among brokers is essentially the same, CORE Wealth Advisors will consider the quality of the research services provided by such firms in terms of accuracy, thoroughness, timeliness, uniqueness and overall benefit to accounts under management in allocating brokerage among such firms. CORE Wealth Advisors will generally allocate brokerage to those firms providing the best service at the lowest price, but may, from time to time, pay a brokerage commission more than that which another broker might have charged for the same transaction in recognition of the value of brokerage and/or research services generally provided to CORE Wealth Advisors. When CORE Wealth Advisors receives research services (as defined in the following paragraph) CORE Wealth Advisors will seek to comply with the conditions set forth in Sections 28(e) of the Securities and Exchange Act of 1934. Research services received include, but are not limited to, the following types of research: earnings estimates, technical equity research, industry analysis, investment strategy, risk model/optimization, statistical and financial theory, commentaries on recent academic statistical and financial research, and general market news. These reports may be issued in written, computerized or oral form, and may be proprietary or provided by an independent third party. Research also includes computer equipment and software used in the conduct of research activities which support portfolio management. Research services furnished by brokers though whom CORE Wealth Advisors effects securities transactions may be used by CORE Wealth Advisors in servicing all its accounts, not just those accounts which paid commissions to the brokers providing the research services. To trade more efficiently, CORE Wealth Advisors may block trades so that each client receives the same average execution price. By trading in blocks, CORE Wealth Advisors may be in better position to negotiate lower commissions. If a trade is not fully executed, CORE Wealth Advisors will generally prorate the amount executed to each client based on the respective share of the total trade, unless circumstances warrant otherwise. If a client requests directed brokerage arrangements, CORE Wealth Advisors will not seek to negotiate the best execution and, as a result, client may not receive the best execution. Currently, CORE Wealth Advisors does not have any directed brokerage arrangements with any of its Clients. 18  CORE Wealth Advisors does not receive client referrals from any broker-dealer or custodian. 19  Item 13 – Review of Accounts Each client’s account will generally be assigned to a managing member who will serve as portfolio manager. It will be the responsibility of the portfolio manager to reach a clear understanding with the client as to the appropriate guidelines and objectives for his/her account. At the time when the initial contribution is received from the client, a formal review of the account will be undertaken by the portfolio manager, a general statement of investment policy will be prepared for the account and a long-term investment strategy will be prepared for the account in light of the guidelines and objectives and in view of the longer term investment outlook of CORE Wealth Advisors. Following this initial review, at least one of the portfolio managers; Joby P. Norris and/or Bradley A. Good of CORE Wealth Advisors, will assume day-to-day responsibility for the management of the account(s). This process will be conducted again on an annual basis to determine if guidelines or objectives have changed. Subsequently, reviews will be conducted quarterly, or at the Clients discretion, at which time policy and strategy positions for the account will be reassessed considering the current investment outlook; performance of any changes in the portfolio since the previous review will be evaluated; and a proposed tactical investment program will be approved. At least once per year, the formal review includes a re-examination of the guidelines and objectives as to appropriateness. From time to time, as deemed appropriate by the portfolio managers, special reviews will be conducted to consider the effect of unusual economic, political or other macro-economic developments which seem likely to call for particular attention. Additionally, on an annual basis, the Firm will consult with the Client with respect to lifestyle changes, risk tolerance changes, other life events which could have an impact on planning and other changes in the Client’s profile to determine if modifications or adjustments are required. Clients will receive valuation and performance statements at the end of each month or quarter, depending on the Client’s preference. The Custodian will be responsible for producing and delivering the monthly or quarterly statements. These statements will describe all assets held, the market price for each position, as well as the market value of the account and transactions which were undertaken during the relevant period. 20  Item 14 – Client Referrals and Other Compensation CORE Wealth Advisors does not receive any economic benefit from someone who is not a client for providing investment advice or other advisory services to our clients. CORE Wealth Advisors does not compensate any person directly or indirectly for client referrals. 21  Item 15 – Custody CORE Wealth Advisors does not custody any client funds or securities. In addition, CORE Wealth Advisors does not produce or provide account statement for its clients. Monthly or quarterly statements are provided by the custodian (see item 13 – Review of Accounts). 22  Item 16 – Investment Discretion CORE Wealth Advisors does accept discretionary authority to manage securities accounts on behalf of clients. Client acceptance of this discretionary application is agreed upon by initialing the ‘Authorizations’ section of the custodian application and by signing the custodian application. In addition, client acceptance of this discretionary authority is agreed upon by initialing Schedule A of the CORE Wealth Advisors Client Agreement and signing the Client Agreement. CORE Wealth Advisors discretionary authority will include: the authority to give instructions for transactions in securities and financial instruments, including the buying and selling of exchange traded funds, stocks, bonds, debentures, notes, subscription warrants, stock purchase warrants, option (if the client is approved for trading options), mutual fund shares, evidences of indebtedness and any other securities, instruments or contracts relating to securities. A client may impose restrictions on investing or divesting certain securities or security types with either oral or written communication. CORE Wealth Advisors does accept disbursement authorization on behalf of client accounts. Client acceptance of this disbursement authorization is agreed upon by initialing the ‘Authorizations’ section of the custodian application and signing the custodian application. In addition, client acceptance of this disbursement authorization is agreed upon by initialing Schedule A of the CORE Wealth Advisors Client Agreement and signing the Client Agreement. This disbursement authorization allows CORE Wealth Advisors to disburse assets from a client’s account for investment purposes and to direct funds to a client personally. At CORE Wealth Advisors instructions, the custodian is authorized to remit checks, wire funds and make certain disbursements of funds held in the account as regulations permit to banks, broker dealers, investment companies or other financial institutions for credit to an account of identical registration, or to the client’s address of record. This disbursement authorization does not apply to electronic distributions or direct, ongoing electronic payments of dividends, interest, and money market income. The client acknowledges that nay disbursement made to them personally may constitute a taxable distribution. Certain transfers between IRAs may be permitted. 23  Item 17 – Voting Client Securities CORE Wealth Advisors does not have, and will not accept, authority to vote client securities. All issuer and issuer related communications will be delivered directly to the client. The client acknowledges that CORE Wealth Advisors will not accept voting rights on securities by signing the custodian application. Clients may contact us by phone, email, or in person for assistance regarding any solicitation. 24  Item 18 – Financial Information CORE Wealth Advisors does not require or solicit prepayment of more than $500.00 in fees per client, six months or more in advance. CORE Wealth Advisors does not have any financial condition that is reasonably likely to impair our ability to meet contractual commitments to clients. 25