CRESCENT STERLING LTD

4415 Shores Drive, Suite 250 Metairie, Louisiana 70006 (504) 885-1135 www.CrescentSterling.com March 31, 2025 Supervised Persons: W. Howard Thompson Michael T. Nobile Trevor W. Thompson This brochure supplement provides information about the above listed supervised persons that supplements Crescent Sterling Ltd.’s brochure. You should have received a copy of that brochure. Please contact W. Howard Thompson, Chief Compliance Officer at (504) 885-1135 if you did not receive Crescent Sterling, Ltd.'s brochure or if you have any questions about the contents of this supplement. Additional information about the above listed supervised persons is available on the United States Securities and Exchange Commission’s website at www.adviserinfo.sec.gov. Form ADV Part 2B 20250331  Table of Contents W. Howard Thompson, President & Chief Investment Officer ............... 1 Michael T. Nobile, Vice President ....................................................................... 3 Trevor W. Thompson, Portfolio Manager ........................................................ 5 Professional Designations .................................................................................... 7 i Form ADV Part 2B 20250331  W. Howard Thompson, President & Chief Investment Officer Year of Birth: 1948 Educational Background: Bachelor's Degree MBA Georgia Institute of Technology University of New Orleans Business Background: 1992 - present Crescent Sterling Ltd. President Chief Investment Officer and Portfolio Manager JMC Capital Management 1985 - 1992 Portfolio Manager & Director of Equity Research 1978 - 1981 Arthur Andersen & Co. Tax Staff AT&T (South Central Bell) 1974 - 1978 Manager Economic and Telephone Demand Forecasting Professional Designations/Certifications: CHARTERED FINANCIAL ANALYST®/ CFA®- 1991 CERTIFIED FINANCIAL PLANNER™ Professional / CFP® Professional - 1992 CERTIFIED PUBLIC ACCOUNTANT / CPA (inactive) - 1986 CERTIFIED MANAGEMENT ACCOUNTANT®/ CMA® - 1982 Disciplinary Information: There are no legal or disciplinary events material to a client's or prospective client's evaluation of the supervised person. 1 Form ADV Part 2B 20250331  Other Business Activities: The following entities are not believed to create any material conflicts of interest by the participation of W. Howard Thompson in the entities, and as such, disclosure is not required. However, with the intention of full disclosure of his participation, and even though the participation may not be considered active or material involvement, the relationship is disclosed. WHT Holdings, LLC W. Howard Thompson is the managing member of WHT Holdings, LLC, used mainly for estate planning purposes, which owns WB Ventures, LLC. WB Ventures, was formed to own real estate and various privately held investments. W. Howard Thompson is a manager of several of the LLC’s that are wholly or partially owned by WB Ventures, LLC. W. Howard Thompson is a passive investor in these investments and the total time requirement is typically less than 2 hours per month. WB Ventures, LLC has, in the past, and continues to participate in investments that also have investors that are clients of, or have been clients of, Crescent Sterling, Ltd. These co-investors have had a personal relationship with W. Howard Thompson prior to the formation of Crescent Sterling, Ltd. The relationships with these individuals are not considered to cause a material conflict of interest due to the size of the investment or the nature of the relationship. Crescent Sterling, Ltd. has no business relationship with the investments. WHT Capital, LLC W. Howard Thompson is the managing member of WHT Capital, LLC, used mainly for estate planning purposes, which owns several LLCs that were formed to own real estate and various privately held investments. W. Howard Thompson is a manager of several of the LLC’s that are wholly or partially owned by WHT Capital LLC. W. Howard Thompson is a passive investor in these investments and the total time requirement is typically less than 2 hours per month. W. Howard Thompson does not receive commissions, bonuses or other compensation based on the sale of securities or other investments products from any of these investments. Additional Compensation: W. Howard Thompson does not receive any material economic benefit from a non- client for providing advisory services. 2 Form ADV Part 2B 20250331  Michael T. Nobile, Vice President Year of Birth: 1965 Educational Background: Bachelor's Degree MBA Nicholls State University University of New Orleans Business Background: Crescent Sterling Ltd. 2007 - present Vice President Portfolio Manager TD Ameritrade, Vice President 2004 - 2007 Vice President Branch Manager AmSouth Investment Services 2003 - 2004 Financial Consultant Allstate 2003 –2003 Charles Schwab 1987 - 2002 Regional Vice President Branch Manager Registered Representative Professional Designations/Certifications: CERTIFIED FINANCIAL PLANNER™ Professional / CFP® Professional – 1994 Disciplinary Information: There are no legal or disciplinary events material to a client's or prospective client's evaluation of the supervised person. 3 Form ADV Part 2B 20250331  Other Business Activities: FINRA Arbitrator Michael T. Nobile is an industry arbitrator associated with FINRA to decide arbitration cases filed under FINRA rules and regulations. Usually, arbitration hearings are held over a 2-to-3-day period. In addition to the hearings, Michael T. Nobile participates in conference calls to plan hearings and discuss pre-hearing disputes. Total time required depends on the number of hearings held per year. Michael T. Nobile usually limits his participation to 2 hearings per year. Michael T. Nobile receives compensation on a per session basis from FINRA. Kahn Properties LLC, Nobile Enterprises and Nobile Properties LLC Michael T. Nobile is a minority member of Kahn Properties LLC and Secretary/Treasurer of Nobile Enterprises and co-manager of Nobile Properties LLC. Each LLC was formed to hold real estate from a deceased family member’s succession. The total time requirement is typically less than 1 hour per quarter. Some shareholders of the LLCs are clients or former clients. Those relationships are not considered to be a material conflict of interest due to the size of the investment or the nature of the relationship. These relationship(s) existed prior to Michael T. Nobile being employed by Crescent Sterling, Ltd. Crescent Sterling, Ltd. has no business relationship with the LLCs. Riverlands Insurance Services and related entities Michael T. Nobile is a minority owner of an independent property and casualty agency along with other related companies associated with the agency. He is not involved in any daily activities or insurance sales. His time requirement is 1 hour per quarter. Some shareholders of the corporation have been or are clients. Those relationships are not considered to be a material conflict of interest due to the nature of the personal relationship, which existed prior to Michael T. Nobile being employed by Crescent Sterling, Ltd. Crescent Sterling, Ltd. has no material business relationship with Riverlands Insurance Services. On occasion, Michael T. Nobile may refer clients or prospective clients to individuals for their insurance needs. When a referral is made, he may use Riverlands Insurance Services as one of multiple vendors that could provide services to clients. Full disclosure of his relationship with Riverlands is given if Riverlands Insurance Services is referred. Additional Compensation: Michael T. Nobile receives remuneration, in addition to his regular salary, based on a percentage of fees charged on assets under management for investment management services and/or a percentage of fees charged for financial planning and consulting services. 4 Form ADV Part 2B 20250331  Trevor W. Thompson, Portfolio Manager Year of Birth: 1991 Educational Background: Bachelor's Degree Texas Christian University Business Background: Crescent Sterling, Ltd. 2023 - present Portfolio Manager Capitol Imaging Services 2020 – 2023 Financial Analyst Carr, Riggs & Ingram 2019 – 2020 Staff Accountant Professional Designations/Certifications: CERTIFIED PUBLIC ACCOUNTANT / CPA - 2017 Disciplinary Information: There are no legal or disciplinary events material to a client's or prospective client's evaluation of the supervised person. Other Business Activities: TWT Consultants, LLC Trevor Thompson is the owner/sole member of TWT Consultants, LLC which provides consulting services. The LLC was formed prior to Trevor Thompson being employed by Crescent Sterling, Ltd. Crescent Sterling, Ltd. has no business relationship with TWT Consultants, LLC. Additional Compensation: Trevor W. Thompson receives remuneration, in addition to his regular salary, based on a percentage of fees charged on assets under management for investment management services and/or a percentage of fees charged for financial planning and consulting services. 5 Form ADV Part 2B 20250331  Supervision Individuals named in this Form ADV, Part 2B brochure supplement are Portfolio Managers and serve on CSL’s Investment Committee. They are supervised by W. Howard Thompson, President, Owner and Chief Compliance Officer of Crescent Sterling Ltd. W. Howard Thompson reviews investment decisions and portfolio activity through our portfolio management system and other review procedures. Contact information: W. Howard Thompson President & Chief Compliance Officer Phone (504) 885-1135 6 Form ADV Part 2B 20250331  Professional Designations CHARTERED FINANCIAL ANALYST®/ CFA® The Chartered Financial Analyst (CFA) is a professional designation given by the CFA Institute that measures the competence and integrity of financial analysts. The CFA Program is a graduate-level self-study program that combines a broad-based curriculum of investment principles with professional conduct requirements. Candidates are required to pass three levels of examinations covering areas such as accounting, economics, ethics, money management and security analysis. Before a candidate is eligible to become a CFA charterholder, he/she must meet minimum experience requirements in the area of investment/financial practice. To enroll in the program, a candidate must hold a bachelor’s degree. For additional information, see www.cfainstitute.org. CERTIFIED FINANCIAL PLANNER™/ CFP® The CFP® certification is granted by the Certified Financial Planner Board of Standards, Inc. (the “Board”). To attain the CFP®certification, the candidate must complete the required educational, examination and experience requirements set forth by the Board. Certain other designations, such as the CPA, CFA and others may satisfy the education component, and allow a candidate to sit for the CFP® Certification Examination. The CFP® Certification Examination tests the candidate’s ability to apply financial planning knowledge to client situations. The 10-hour exam is divided into three separate sessions over a 2-day period. At least 3 years of qualifying full-time work experience are required for certification. Qualifying experience includes work in the area of the delivery of the personal financial planning process to clients, the direct support or supervision of others in the personal financial planning process, or teaching all, or any portion, of the personal financial planning process. For additional information, see www.cfp.net. CERTIFIED MANAGEMENT ACCOUNTANT®/ CMA® The CMA designation is a professional designation given by the Institute of Management Accountants that measures the advanced skills required to be an effective member of finance and accounting teams within organizations and to create value in today's complex and challenging business environment. To attain the CMA designation, the candidate must be a member of the IMA, complete the educational, examination, and experience requirements set forth by the Institute. To participate in the program, the candidate must hold a bachelor's degree and have two continuous years of professional experience in management accounting or financial management. Candidates are required to pass two exam parts covering areas such as financial planning, performance, and financial decision making. For additional information, see www.imanet.org. 7 Form ADV Part 2B 20250331  CERTIFIED PUBLIC ACCOUNTANT / CPA A CPA is a Certified Public Accountant. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license to practice public accounting. While the exam is the same regardless of where it is taken, every state/jurisdiction has its own set of education and experience requirements that individuals must meet. However, most states require at least a bachelor’s degree and a concentration in accounting, and at least one year public accounting experience under the supervision of or verification by a CPA. Once the designation is attained, the CPA is required to meet continuing education requirements to remain licensed or active. For additional information, see www.lcpa.org. 8 Form ADV Part 2B 20250331