GREENHOUSE WEALTH MANAGEMENT, LLC

Greenhouse Wealth Management, LLC Form ADV Part 2A – Disclosure Brochure Effective: February 17, 2026 This Form ADV2A (“Disclosure Brochure”) provides information about the qualifications and business practices of Greenhouse Wealth Management, LLC (“Greenhouse” or the “Advisor”). If you have any questions about the content of this Disclosure Brochure, please contact the Advisor at (203) 561-5002 or by email at ryan@greenhousewealth.com. Greenhouse is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). The information in this Disclosure Brochure has not been approved or verified by the SEC or by any state securities authority. Registration of an investment advisor does not imply any specific level of skill or training. This Disclosure Brochure provides information about Greenhouse to assist you in determining whether to retain the Advisor. Additional information about Greenhouse and its Advisory Persons is available on the SEC’s website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD# 283763. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com  Item 2 – Material Changes Form ADV 2 is divided into two parts: Part 2A (the "Disclosure Brochure") and Part 2B (the "Brochure Supplement"). The Disclosure Brochure provides information about a variety of topics relating to an Advisor’s business practices and conflicts of interest. The Brochure Supplement provides information about Advisory Persons of Greenhouse. For convenience, the Advisor has combined these documents into a single disclosure document. Greenhouse believes that communication and transparency are the foundation of its relationship with clients and will continually strive to provide you with complete and accurate information at all times. Greenhouse encourages all current and prospective clients to read this Disclosure Brochure and discuss any questions you may have with the Advisor. Material Changes There have been no material changes made to this Disclosure Brochure since the last annual amendment filing on January 17, 2025. Future Changes From time to time, the Advisor may amend this Disclosure Brochure to reflect changes in business practices, changes in regulations, or routine annual updates as required by the securities regulators. This complete Disclosure Brochure or a Summary of Material Changes shall be provided to you annually and if a material change occurs in the business practices of Greenhouse. At any time, you may view the current Disclosure Brochure online at the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching for the Advisor’s firm name or CRD# 283763. You may also request a copy of this Disclosure Brochure at any time by contacting the Advisor at (203) 561-5002 or by email at ryan@greenhousewealth.com. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 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 Services .......................................................................................................................... 4 A. Firm Information ................................................................................................................................................... 4 B. Advisory Services Offered ................................................................................................................................... 4 C. Client Account Management ................................................................................................................................ 5 D. Wrap Fee Programs ............................................................................................................................................ 5 E. Assets Under Management ................................................................................................................................. 5 Item 5 – Fees and Compensation ................................................................................................................ 6 A. Fees for Advisory Services .................................................................................................................................. 6 B. Fee Billing ............................................................................................................................................................ 6 C. Other Fees and Expenses ................................................................................................................................... 7 D. Advance Payment of Fees and Termination ........................................................................................................ 7 E. Compensation for Sales of Securities .................................................................................................................. 7 Item 6 – Performance-Based Fees and Side-By-Side Management ......................................................... 7 Item 7 – Types of Clients .............................................................................................................................. 8 Item 8 – Methods of Analysis, Investment Strategies, and Risk of Loss ................................................ 8 A. Methods of Analysis ............................................................................................................................................. 8 B. Risk of Loss ......................................................................................................................................................... 8 Item 9 – Disciplinary Information ................................................................................................................ 9 Item 10 – Other Financial Industry Activities and Affiliations .................................................................. 9 Item 11 – Code of Ethics, Participation or Interest in Client Transactions, and Personal Trading ...... 9 A. Code of Ethics ...................................................................................................................................................... 9 B. Personal Trading with Material Interest ............................................................................................................. 10 C. Personal Trading in Same Securities as Clients ................................................................................................ 10 D. Personal Trading at Same Time as Client ......................................................................................................... 10 Item 12 – Brokerage Practices ................................................................................................................... 10 A. Recommendation of Custodian[s] ...................................................................................................................... 10 B. Aggregating and Allocating Trades .................................................................................................................... 11 Item 13 – Review of Accounts ................................................................................................................... 11 A. Frequency of Reviews ....................................................................................................................................... 11 B. Causes for Reviews ........................................................................................................................................... 11 C. Review Reports ................................................................................................................................................. 11 Item 14 – Client Referrals and Other Compensation ............................................................................... 12 A. Compensation Received by Greenhouse .......................................................................................................... 12 B. Compensation of Client Referrals ...................................................................................................................... 12 Item 15 – Custody ....................................................................................................................................... 12 Item 16 – Investment Discretion ................................................................................................................ 13 Item 17 – Voting Client Securities ............................................................................................................. 13 Item 18 – Financial Information ................................................................................................................. 13 Form ADV Part 2B – Brochure Supplement: Callas, Ryan ..................................................................... 14 Privacy Policy ............................................................................................................................................. 17 Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 3  Item 4 – Advisory Services A. Firm Information Greenhouse Wealth Management, LLC (“Greenhouse” or the “Advisor”) is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). The Advisor is organized as a Limited Liability Company (“LLC”) under the laws of the State of Connecticut. Greenhouse was founded in April 2016 and is owned and operated by Ryan W. Callas (President and Chief Compliance Officer). This Disclosure Brochure provides information regarding the qualifications, business practices, and the advisory services provided by Greenhouse. B. Advisory Services Offered Greenhouse offers investment advisory services to individuals, high net worth individuals, trusts, and estates (each referred to as a “Client”). The Advisor serves as a fiduciary to Clients, as defined under the applicable laws and regulations. As a fiduciary, the Advisor upholds a duty of loyalty, fairness, and good faith towards each Client and seeks to mitigate potential conflicts of interest. Greenhouse’s fiduciary commitment is further described in the Advisor’s Code of Ethics. For more information regarding the Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading. Wealth Management Services Greenhouse provides Clients with wealth management services which generally includes continuous personal Client contact and interaction while providing discretionary and non-discretionary investment management and ongoing financial planning services. Services may be combined or provided separately based on the needs of the Client. Investment Management Services – Greenhouse provides customized investment advisory solutions for its Clients works with each Client to identify their investment goals and objectives as well as risk tolerance and financial situation in order to create a portfolio strategy. Greenhouse will then construct a portfolio consisting of low-cost, diversified mutual funds and/or exchange-traded funds (“ETFs”) to achieve the Client’s investment goals. The Advisor may also utilize individual stocks and bonds to meet the needs of its Clients. The Advisor may retain other types of investments from the Client’s legacy portfolio due to fit with the overall portfolio strategy, tax-related reasons, or other reasons as identified between the Advisor and the Client. Greenhouse’s investment strategy is primarily long-term focused, but the Advisor may buy, sell or re-allocate positions that have been held for less than one year to meet the objectives of the Client or due to market conditions. Greenhouse will construct, implement and monitor the portfolio to ensure it meets the goals, objectives, circumstances, and risk tolerance agreed to by the Client. Each Client will have the opportunity to place reasonable restrictions on the types of investments to be held in their respective portfolio, subject to acceptance by the Advisor. Greenhouse evaluates and selects investments for inclusion in Client portfolios only after applying its internal due diligence process. Greenhouse may recommend, on occasion, redistributing investment allocations to diversify the portfolio. Greenhouse may recommend specific positions to increase sector or asset class weightings. The Advisor may recommend employing cash positions as a possible hedge against market movement. Greenhouse may recommend selling positions for reasons that include but are not limited to harvesting capital gains or losses, business or sector risk exposure to a specific security or class of securities, overvaluation or overweighting of the position[s] in the portfolio, changes in the risk tolerance of Client, generating cash to meet Client needs, or any risk deemed unacceptable for the Client’s risk tolerance. Retirement Plan Accounts – When deemed to be in the Client’s best interest, the Advisor will recommend that a Client rollover its retirement plan account into an account managed by the Advisor. In such instances, the Advisor will serve as an investment fiduciary as that term is defined under The Employee Retirement Income Security Act of 1974 (“ERISA”). Such a recommendation creates a conflict of interest if the Advisor earns a new (or increases its current) advisory fee as a result of the rollover. No Client is under any obligation to roll over retirement plan assets to an account managed by the Advisor. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 4  At no time will Greenhouse accept or maintain custody of a Client’s funds or securities, except for the limited authority as outlined in Item 15 – Custody. All Client assets will be managed within their designated account[s] at the Custodian, pursuant to the advisory agreement, please see Item 12 – Brokerage Practices. Financial Planning Services – Greenhouse will typically provide a variety of financial planning services to Clients either as a component of wealth management or pursuant to a written financial planning agreement. Services are offered in several areas of a Client’s financial situation, depending on their goals and objectives. Generally, such financial planning services will involve preparing a financial plan or rendering a financial consultation based on the Client’s financial goals and objectives. This planning or consulting may encompass one or more areas of need, including but not limited to investment planning, retirement planning, personal savings, education savings, and other areas of a Client’s financial situation. A financial plan developed for or financial consultation rendered to the Client will usually include general recommendations for a course of activity or specific actions to be taken by the Client. For example, recommendations may be made that the Client start or revise their investment programs, commence or alter retirement savings, establish education savings, and/or charitable giving programs. Greenhouse may also refer Clients to an accountant, attorney, or another specialist, as appropriate for their unique situation. For certain financial planning engagements, the Advisor will provide a written summary of the Client’s financial situation, observations, and recommendations. For consulting or ad-hoc engagements, the Advisor may not provide a written summary. Plans or consultations are typically completed within six months of the contract date, assuming all information and documents requested are provided promptly. Financial planning and consulting recommendations pose a conflict between the interests of the Advisor and the interests of the Client. For example, the Advisor has an incentive to recommend that Clients engage the Advisor for investment management services or to increase the level of investment assets with the Advisor, as it would increase the amount of advisory fees paid to the Advisor. Clients are not obligated to implement any recommendations made by the Advisor or maintain an ongoing relationship with the Advisor. If the Client elects to act on any of the recommendations made by the Advisor, the Client is under no obligation to implement the transaction through the Advisor. C. Client Account Management Prior to engaging Greenhouse to provide investment advisory services, each Client is required to enter into one or more agreements with the Advisor that define the terms, conditions, authority, and responsibilities of the Advisor and the Client. These services may include: • Establishing an Investment Strategy – Greenhouse, in connection with the Client, will develop a strategy that seeks to achieve the Client’s goals and objectives. • Asset Allocation – Greenhouse will develop a strategic asset allocation that is targeted to meet the investment objectives, time horizon, financial situation, and tolerance for risk for each Client. • Portfolio Construction – Greenhouse will develop a portfolio for the Client that is intended to meet the stated goals and objectives of the Client. • Investment Management and Supervision – Greenhouse will provide investment management and ongoing oversight of the Client’s investment portfolio. D. Wrap Fee Programs Greenhouse does not manage or place Client assets into a wrap fee program. Investment management services are provided directly by Greenhouse. E. Assets Under Management As of December 31, 2025, Greenhouse manages $288,579,995 in assets, of which $268,068,956 are managed on a discretionary basis and $20,511,039 on a non-discretionary basis. Clients may request more current information at any time by contacting the Advisor. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 5  Item 5 – Fees and Compensation The following paragraphs detail the fee structure and compensation methodology for services provided by the Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more agreements with the Advisor. A. Fees for Advisory Services Wealth Management Wealth management fees are paid quarterly, at the end of each calendar quarter, pursuant to the terms of the wealth management agreement. Wealth management fees are based on the market value of assets under management at the end of each calendar quarter. Wealth management fees are a combination of investment management services and financial planning services. Wealth management fees are based on the following tiered schedule: Assets Under Management ($) Up to $1,500,000 $1,500,001 to $3,000,000 $3,000,001 to $5,000,000 $5,000,001 to $10,000,000 Over $10,000,000 Annual Rate (%) 1.00% 0.90% 0.75% 0.60% 0.50% The fee in the first quarter of service is prorated from the inception date of the account[s] to the end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by Greenhouse will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing. The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other related costs and expenses described in Item 5.C. below, which may be incurred by the Client. However, the Advisor shall not receive any portion of these commissions, fees, and costs. Financial Planning Services Greenhouse offers stand-alone financial planning for a fixed engagement fee ranging from $5,000 to $15,000. Fees may be negotiable depending on the nature and complexity of each Client’s circumstances. The fixed fee will be determined prior to establishing the advisory relationship. B. Fee Billing Wealth Management Wealth management fees will be calculated by the Advisor and either deducted from the Client account[s] at the Custodian or billed via invoice. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from the Client’s account[s] at the respective quarter-end date. The amount due is calculated by applying the quarterly rate (annual rate divided by 4) to the total assets under management with Greenhouse at the end of each quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the investment management fee. It is the responsibility of the Client to verify the accuracy of these fees as listed on the custodian’s brokerage statement as the Custodian does not assume this responsibility. Clients provide written authorization permitting advisory fees to be deducted by Greenhouse directly from their accounts held by the Custodian as part of the investment management agreement and separate account forms provided by the Custodian. Certain Clients may prefer to have their investment management fees invoiced directly to the Client. In such instances, the Client shall pay investment management fees via check. Financial Planning Services Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 6  Financial planning fees are invoiced up to 50% upon execution of the financial planning agreement and the remaining balance upon receipt of the agreed upon deliverable[s]. C. Other Fees and Expenses Clients may incur certain fees or charges imposed by third parties other than Greenhouse in connection with investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees charged by the Custodian, if applicable. The Advisor's recommended Custodian does not charge securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds and other types of investments. The investment management fee charged by Greenhouse is separate and distinct from these custody and execution fees. In addition, all fees paid to Greenhouse for investment advisory services are separate and distinct from the expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds, other fund expenses, account administration (e.g., custody, brokerage, and account reporting), and a possible distribution fee. A Client may be able to invest in these products directly, without the services of Greenhouse, but would not receive the services provided by Greenhouse, which are designed, among other things, to assist the Client in determining which products or services are most appropriate for each Client’s financial situation and objectives. Accordingly, the Client should review both the fees charged by the fund[s] and the fees charged by Greenhouse to fully understand the total fees to be paid. Please refer to Item 12- Brokerage Practices for additional information. D. Advance Payment of Fees and Termination Wealth Management Greenhouse is compensated for its wealth management services at the end of the quarter after services are rendered. Either party may terminate the wealth management agreement, at any time, by providing advance written notice to the other party. The Client may also terminate the wealth management agreement within five (5) business days of signing the Advisor’s agreement at no cost to the Client. After the five-day period, the Client will incur charges for bona fide advisory services rendered to the point of termination, and such fees will be due and payable by the Client. Upon termination, the Client shall be responsible for wealth management fees up to and including the effective date of termination. The Client’s investment management agreement with the Advisor is non-transferable without the Client’s prior consent. Financial Planning Services The Advisor may require a partial advance payment for financial planning engagements. Either party may terminate the financial planning agreement, at any time, by providing advance written notice to the other party. The Client may also terminate the financial planning agreement within five (5) business days of signing the Advisor’s financial planning agreement at no cost to the Client. After the five-day period, the Client will incur charges for bona fide advisory services rendered to the point of termination, and such fees will be due and payable by the Client. Upon termination, Client fees will be prorated based on the percentage completion of the engagement. The Client’s financial planning agreement with the Advisor is non-transferable without the Client’s prior consent. E. Compensation for Sales of Securities Greenhouse does not buy or sell securities and does not receive any compensation for securities transactions in any Client account other than the investment management fees noted above. Item 6 – Performance-Based Fees and Side-By-Side Management Greenhouse does not charge performance-based fees for its investment advisory services. The fees charged by Greenhouse are as described in Item 5 above and are not based upon the capital appreciation of the funds or securities held by any Client. Greenhouse does not manage any proprietary investment funds or limited partnerships (for example, a mutual fund or a hedge fund) and has no financial incentive to recommend any particular investment options to its Clients. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 7  Item 7 – Types of Clients Greenhouse provides investment advisory services to individuals, high net worth individuals, trusts, and estates. The amount of each type of Client is available on the Advisor's Form ADV Part 1A. These amounts may change over time and are updated at least annually by the Advisor. Greenhouse generally does not impose a minimum size for establishing a relationship. Item 8 – Methods of Analysis, Investment Strategies, and Risk of Loss A. Methods of Analysis Greenhouse employs fundamental, technical, and cyclical analysis in developing investment strategies for its Clients. Research and analysis from Greenhouse are derived from numerous sources, including financial media companies, third-party research materials, Internet sources, and review of company activities, including annual reports, prospectuses, press releases, and research prepared by others. Fundamental analysis utilizes economic and business indicators as investment selection criteria. These criteria are generally ratios and trends that may indicate the overall strength and financial viability of the entity being analyzed. Assets are considered appropriate for inclusion in a portfolio if they meet the Advisor’s established investment criteria based on its analysis of investment expenses, financial characteristics, and overall fit within the Client’s strategy. While this type of analysis helps the Advisor in evaluating a potential investment, it does not guarantee that the investment will increase in value. Assets meeting the investment criteria utilized in the fundamental analysis may lose value and may have negative investment performance. The Advisor monitors these economic indicators to determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s review process are included below in Item 13 – Review of Accounts. Technical analysis involves the analysis of past market data rather than specific company data in determining the recommendations made to clients. Technical analysis may involve the use of charts to identify market patterns and trends, which may be based on investor sentiment rather than the fundamentals of the company. The primary risk in using technical analysis is that spotting historical trends may not help to predict such trends in the future. Even if the trend will eventually reoccur, there is no guarantee that Greenhouse will be able to accurately predict such a reoccurrence. Cyclical analysis is similar to technical analysis in that it involves the analysis of market conditions at a macro (entire market/economy) or micro (company-specific) level, rather than the overall fundamental analysis of the health of the particular company that Greenhouse is recommending. The risks with cyclical analysis are similar to those of technical analysis. As noted above, Greenhouse generally employs a long-term investment strategy for its Clients, as consistent with their financial goals. Greenhouse will typically hold all or a portion of a security for more than a year but may hold for shorter periods for the purpose of rebalancing a portfolio or meeting the cash needs of Clients. At times, Greenhouse may also buy and sell positions that are more short-term in nature, depending on the goals of the Client and/or the fundamentals of the security, sector, or asset class. B. Risk of Loss Investing in securities involves certain investment risks. Securities may fluctuate in value or lose value. Clients should be prepared to bear the potential risk of loss. Greenhouse will assist Clients in determining an appropriate strategy based on their tolerance for risk and other factors noted above. However, there is no guarantee that a Client will meet their investment goals. While the methods of analysis help the Advisor in evaluating a potential investment, it does not guarantee that the investment will increase in value. Assets meeting the investment criteria utilized in these methods of analysis may lose value and may have negative investment performance. The Advisor monitors these economic indicators to determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s review processes are included below in Item 13 – Review of Accounts. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 8  Each Client engagement will entail a review of the Client's investment goals, financial situation, time horizon, tolerance for risk, and other factors to develop an appropriate strategy for managing a Client's account. Client participation in this process, including full and accurate disclosure of requested information, is essential for the analysis of a Client's account[s]. The Advisor shall rely on financial and other information provided by the Client or their designees without the duty or obligation to validate the accuracy and completeness of the provided information. It is the responsibility of the Client to inform the Advisor of any changes in financial condition, goals, or other factors that may affect this analysis. The risks associated with a particular strategy are provided to each Client in advance of investing Client accounts. The Advisor will work with each Client to determine their tolerance for risk as part of the portfolio construction process. Following are some of the risks associated with the Advisor’s investment approach: Market Risks The value of a Client’s holdings may fluctuate in response to events specific to companies or markets, as well as economic, political, or social events in the U.S. and abroad. This risk is linked to the performance of the overall financial markets. ETF Risks The performance of ETFs is subject to market risk, including the possible loss of principal. The price of the ETFs will fluctuate with the price of the underlying securities that make up the funds. In addition, ETFs have a trading risk based on the loss of cost efficiency if the ETFs are traded actively and a liquidity risk if the ETFs have a large bid-ask spread and low trading volume. The price of an ETF fluctuates based upon the market movements and may dissociate from the index being tracked by the ETF or the price of the underlying investments. An ETF purchased or sold at one point in the day may have a different price than the same ETF purchased or sold a short time later. Mutual Fund Risks The performance of mutual funds is subject to market risk, including the possible loss of principal. The price of a mutual fund will fluctuate with the value of the underlying securities that make up the funds. The price of a mutual fund is typically set daily therefore, a mutual fund purchased at one point in the day will typically have the same price as a mutual fund purchased later that same day. Past performance is not a guarantee of future returns. Investing in securities and other investments involves a risk of loss that each Client should understand and be willing to bear. Clients are reminded to discuss these risks with the Advisor. Item 9 – Disciplinary Information There are no legal, regulatory, or disciplinary events involving Greenhouse or its owner. Greenhouse and its Supervised Persons value the trust Client’s place in the Advisor. The Advisor encourages Clients to perform the requisite due diligence on any advisor or service provider that the Client engages. The backgrounds of the Advisor and its Advisory Persons are available on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD# 283763. Item 10 – Other Financial Industry Activities and Affiliations The sole business of Greenhouse and Mr. Callas is to provide investment advisory services to its Clients. Neither Greenhouse nor its Advisory Persons are involved in other business endeavors. Greenhouse does not maintain any affiliations with other firms other than contracted service providers to assist with the servicing of its Client’s accounts. Item 11 – Code of Ethics, Participation or Interest in Client Transactions, and Personal Trading A. Code of Ethics Greenhouse has implemented a Code of Ethics that defines the Advisor’s fiduciary commitment to each Client. This Code of Ethics applies to all persons associated with Greenhouse (“Supervised Persons”). The Code of Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 9  Ethics was developed to provide general ethical guidelines and specific instructions regarding our duties to you, our Client. Greenhouse and its personnel owe a duty of loyalty, fairness, and good faith towards each Client. It is the obligation of Greenhouse associates to adhere not only to the specific provisions of the Code but also to the general principles that guide the Code. The Code of Ethics covers a range of topics that address employee ethics and conflicts of interest. To request a copy of the Code of Ethics, please contact the Advisor at (203) 561- 5002 or via email at ryan@greenhousewealth.com. B. Personal Trading with Material Interest Greenhouse allows Supervised Persons to purchase or sell the same securities that may be recommended to and purchased on behalf of Clients. Greenhouse does not act as principal in any transactions. In addition, the Advisor does not act as the general partner of a fund or advise an investment company. Greenhouse does not have a material interest in any securities traded in Client accounts. C. Personal Trading in Same Securities as Clients Greenhouse allows Supervised Persons to purchase or sell the same securities that may be recommended to and purchased on behalf of Clients. Owning the same securities recommended (purchase or sell) to Clients presents a conflict of interest that, as fiduciaries, must be disclosed to Clients and mitigated through policies and procedures. As noted above, the Advisor has adopted a Code of Ethics, which addresses insider trading (material non-public information controls) and personal securities reporting procedures. When trading for personal accounts, Supervised Persons have a conflict of interest if trading in the same securities. The fiduciary duty to act in the best interest of its Clients can be violated if personal trades are made with more advantageous terms than Client trades or by trading based on material non-public information. This risk is mitigated by Greenhouse requiring the reporting of personal securities trades by its Supervised Persons for review by the Chief Compliance Officer (“CCO”) or delegate. The Advisor has adopted written policies and procedures to detect the misuse of material, non-public information. D. Personal Trading at Same Time as Client While Greenhouse allows Supervised Persons to purchase or sell the same securities that may be recommended to and purchased on behalf of Clients, such trades are typically aggregated with Client orders or traded afterward. At no time will Greenhouse or any Supervised Person transact in any security to the detriment of any Client. Item 12 – Brokerage Practices A. Recommendation of Custodian[s] Greenhouse does not have discretionary authority to select the broker-dealer/custodian for custody and execution services. The Client will engage the broker-dealer/custodian (herein the "Custodian") to safeguard Client assets and authorize Greenhouse to direct trades to the Custodian as agreed upon in the investment management agreement. Further, Greenhouse does not have the discretionary authority to negotiate commissions on behalf of Clients on a trade-by-trade basis. Where Greenhouse does not exercise discretion over the selection of the Custodian, it may recommend the Custodian to Clients for custody and execution services. Clients are not obligated to use the Custodian recommended by the Advisor and will not incur any extra fee or cost associated with using a broker- dealer/custodian not recommended by Greenhouse. However, the Advisor may be limited in the services it can provide if the recommended Custodian is not engaged. Greenhouse may recommend the Custodian based on criteria such as, but not limited to, the reasonableness of commissions charged to the Client, services made available to the Client, its reputation, and/or the location of the Custodian’s offices. Greenhouse will generally recommend that Clients establish their account[s] at Charles Schwab & Co., Inc. (“Schwab”), a FINRA- registered broker-dealer and member SIPC. Schwab will serve as the Client’s “qualified custodian.” Greenhouse maintains institutional relationships with Schwab, whereby the Advisor receives economic benefits from these Custodians. Please see Item 14 below. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 10  Following are additional details regarding the brokerage practices of the Advisor: 1. Soft Dollars – Soft dollars are revenue programs offered by broker-dealers/custodians whereby an advisor enters into an agreement to place security trades with a broker-dealer/custodian in exchange for research and other services. Greenhouse does not participate in soft dollar programs sponsored or offered by any broker-dealer/custodian. However, the Advisor does receive certain economic benefits from the Custodian. Please see Item 14 below. 2. Brokerage Referrals – Greenhouse does not receive any compensation from any third party in connection with the recommendation for establishing an account. 3. Directed Brokerage – All Clients are serviced on a “directed brokerage basis,” where Greenhouse will place trades within the established account[s] at the Custodian designated by the Client. Further, all Client accounts are traded within their respective account[s]. The Advisor will not engage in any principal transactions (i.e., trade of any security from or to the Advisor’s own account) or cross transactions with other Client accounts (i.e., purchase of a security into one Client account from another Client’s account[s]). Greenhouse will not be obligated to select competitive bids on securities transactions and does not have an obligation to seek the lowest available transaction costs. These costs are determined by the Custodian. B. Aggregating and Allocating Trades The primary objective in placing orders for the purchase and sale of securities for Client accounts is to obtain the most favorable net results taking into account such factors as 1) price, 2) size of the order, 3) difficulty of execution, 4) confidentiality and 5) skill required of the Custodian. Greenhouse will execute its transactions through the Custodian as directed by the Client. Greenhouse may aggregate orders in a block trade or trades when securities are purchased or sold through the Custodian for multiple (discretionary) accounts. If a block trade cannot be executed in full at the same price or time, the securities actually purchased or sold by the close of each business day must be allocated in a manner that is consistent with the initial pre-allocation or other written statement. This must be done in a way that does not consistently advantage or disadvantage particular Client accounts. Item 13 – Review of Accounts A. Frequency of Reviews Securities in Client accounts are monitored on a regular and continuous basis by Mr. Callas, President and CCO of Greenhouse. Formal reviews are generally conducted at least annually or more frequently depending on the needs of the Client. B. Causes for Reviews In addition to the investment monitoring noted in Item 13.A., each Client account shall be reviewed at least annually. Reviews may be conducted more frequently at the Client’s request. Accounts may be reviewed as a result of major changes in economic conditions, known changes in the Client’s financial situation, and/or large deposits or withdrawals in the Client’s account[s]. The Client is encouraged to notify Greenhouse if changes occur in the Client’s personal financial situation that might adversely affect the Client’s investment plan. Additional reviews may be triggered by material market, economic or political events. C. Review Reports The Client will receive brokerage statements no less than quarterly from the Custodian. These brokerage statements are sent directly from the Custodian to the Client. The Client may also establish electronic access to the Custodian’s website so that the Client may view these reports and their account activity. Client brokerage statements will include all positions, transactions, and fees relating to the Client’s account[s]. The Advisor may also provide Clients with periodic reports regarding their holdings, allocations, and performance. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 11  Item 14 – Client Referrals and Other Compensation A. Compensation Received by Greenhouse Greenhouse is a fee-based advisory firm that is compensated solely by its Clients and not from any investment product. Greenhouse does not receive commissions or other compensation from product sponsors, broker- dealers, or any unrelated third party. Greenhouse may refer Clients to various unaffiliated, non-advisory professionals (e.g., attorneys, accountants, estate planners) to provide certain financial services necessary to meet the goals of its Clients. Likewise, Greenhouse may receive non-compensated referrals of new Clients from various third parties. Participation in Institutional Advisor Platform Greenhouse also has an institutional relationship with Schwab through its “Schwab Advisor Services” unit, a division of Schwab dedicated to serving independent advisory firms like Greenhouse. As a registered investment advisor participating on the Schwab Advisor Services platform, Greenhouse receives access to software and related support without cost because the Advisor renders investment management services to Clients that maintain assets at Schwab. Services provided by Schwab Advisor Services benefit the Advisor and many, but not all services provided by Schwab will benefit Clients. In fulfilling its duties to its Clients, the Advisor endeavors at all times to put the interests of its Clients first. Clients should be aware, however, that the receipt of economic benefits from a custodian creates a conflict of interest since these benefits may influence the Advisor's recommendation of this custodian over one that does not furnish similar software, systems support, or services. Services that Benefit the Client – Schwab’s institutional brokerage services include access to a broad range of investment products, execution of securities transactions, and custody of Client’s funds and securities. Through Schwab, the Advisor may be able to access certain investments and asset classes that the Client would not be able to obtain directly or through other sources. Further, the Advisor may be able to invest in certain mutual funds and other investments without having to adhere to investment minimums that might be required if the Client were to directly access the investments. Services that May Indirectly Benefit the Client – Schwab provides participating advisors with access to technology, research, discounts, and other services. In addition, the Advisor receives duplicate statements for Client accounts the ability to deduct advisory fees, trading tools, and back-office support services as part of its relationship with Schwab. These services are intended to assist the Advisor in effectively managing accounts for its Clients but may not directly benefit all Clients. Services that May Only Benefit the Advisor – Schwab also offers other services to Greenhouse that may not benefit the Client, including educational conferences and events, consulting services, and discounts for various service providers. Access to these services creates a financial incentive for the Advisor to recommend Schwab, which results in a conflict of interest. Greenhouse believes, however, that the selection of Schwab as Custodian is in the best interests of its Clients. B. Compensation from Client Referrals The Advisor does not compensate, either directly or indirectly, any persons who are not supervised persons, for Client referrals. Item 15 – Custody The Advisor is authorized to deduct its fees from the Client’s account[s] at the Custodian. The Client must place all assets with a “qualified custodian”. The Client is required to engage the Custodian to retain all funds and securities and direct the Advisor to utilize that Custodian for security transactions in the account[s]. The Client should review statements provided by the Custodian, as the Custodian does not perform this review. For more information about custodians and brokerage practices, see Item 12 – Brokerage Practices. If the Client gives the Advisor authority to move money from one account to another account, the Advisor may have custody of those assets. In order to avoid additional regulatory requirements, the Custodian and the Advisor have adopted safeguards to ensure that the money movements are completed in accordance with the Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 12  Client’s instructions. Item 16 – Investment Discretion Greenhouse generally has discretion over the selection and amount of securities to be bought or sold in Client accounts without obtaining prior consent or approval from the Client. However, these purchases or sales may be subject to specified investment objectives, guidelines, or limitations previously set forth by the Client and agreed to by Greenhouse. Discretionary authority will only be authorized upon full disclosure to the Client. The granting of such authority will be evidenced by the Client's execution of an investment management agreement containing all applicable limitations to such authority. All discretionary trades made by Greenhouse will be in accordance with each Client's investment objectives and goals. Item 17 – Voting Client Securities Greenhouse does not accept proxy-voting responsibility for any Client. Clients will receive proxy statements directly from the Custodian. The Advisor will assist in answering questions relating to proxies, however, the Client retains the sole responsibility for proxy decisions and voting. Item 18 – Financial Information Neither Greenhouse nor its owner have any adverse financial situations that would reasonably impair the ability of Greenhouse to meet all obligations to its Clients. Neither Greenhouse nor any of its advisory persons have been subject to a bankruptcy or financial compromise. Greenhouse is not required to deliver a balance sheet along with this Disclosure Brochure as the Advisor does not collect fees of $1,200 or more for services to be performed six months or more in advance. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 13  Form ADV Part 2B – Brochure Supplement for Ryan W. Callas, CFP® President and Chief Compliance Officer Effective: February 17, 2026 This Form ADV 2B (“Brochure Supplement”) provides information about the background and qualifications of Ryan W. Callas, CFP®, (CRD# 5543680) in addition to the information contained in the Greenhouse Wealth Management, LLC (“Greenhouse” or the “Advisor”) (CRD # 283763) Disclosure Brochure. If you have not received a copy of the Disclosure Brochure or if you have any questions about the contents of the Greenhouse Disclosure Brochure or this Brochure Supplement, please contact the Advisor at (203) 561-5002 or by email at ryan@greenhousewealth.com. Additional information about Mr. Callas is available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or individual CRD# 5543680. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 14  Item 2 – Educational Background and Business Experience Ryan W. Callas, CFP®, born in 1986, is dedicated to advising Clients of Greenhouse in his role as the President and Chief Compliance Officer. Mr. Callas earned a Bachelor of Science in Business Administration from the University of Connecticut School of Business in 2008. Additional information regarding Mr. Callas’s employment history is included below. Employment History: President and Chief Compliance Officer, Greenhouse Wealth Management, LLC Vice President/Financial Consultant, Fidelity Investments Account Executive, Fidelity Investments Investments Representative, Fidelity Investments Financial Representative, Fidelity Investments 06/2016 to Present 07/2012 to 05/2016 09/2010 to 06/2012 10/2009 to 08/2010 06/2008 to 09/2009 CERTIFIED FINANCIAL PLANNER™ (“CFP®”) The CERTIFIED FINANCIAL PLANNER™, CFP®, and federally registered CFP® (with flame design) marks (collectively, the “CFP® marks”) are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP® Board”). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education, (2) stringent code of conduct and standards of practice, and (3) ethical requirements that govern professional engagements with clients. Currently, more than 92,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: • Education – Complete an advanced college-level course of study addressing the financial planning subject areas that CFP® Board’s studies have determined as necessary for the competent and professional delivery of financial planning services and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP® Board’s financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; • Examination – Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one’s ability to correctly diagnose financial planning issues and apply one’s knowledge of financial planning to real world circumstances; • Experience – Complete at least three years of full-time financial planning-related experience (or the equivalent, measured as 2,000 hours per year); and • Ethics – Agree to be bound by CFP® Board’s Standards of Professional Conduct, a set of documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: • Continuing Education – Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and • Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to the CFP® Board’s enforcement process, which could result in suspension or permanent revocation of their CFP® certification. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 15  Item 3 – Disciplinary Information There are no legal, civil, or disciplinary events to disclose regarding Mr. Callas. Mr. Callas has never been involved in any regulatory, civil, or criminal action. There have been no client complaints, lawsuits, arbitration claims, or administrative proceedings against Mr. Callas. Securities laws require an advisor to disclose any instances where the advisor or its advisory persons have been found liable in a legal, regulatory, civil, or arbitration matter that alleges violation of securities and other statutes; fraud; false statements or omissions; theft, embezzlement, or wrongful taking of property; bribery, forgery, counterfeiting, or extortion; and/or dishonest, unfair, or unethical practices. As previously noted, there are no legal, civil, or disciplinary events to disclose regarding Mr. Callas. However, the Advisor encourages you to independently view the background of Mr. Callas on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching for his name or individual CRD# 5543680. Item 4 – Other Business Activities Mr. Callas is dedicated to the investment advisory activities of Greenhouse Clients. Mr. Callas does not have any other business activities. Item 5 – Additional Compensation Mr. Callas does not receive any other additional compensation. Item 6 – Supervision Mr. Callas serves as the President and Chief Compliance Officer of Greenhouse. Mr. Callas can be reached at (203) 561-5002. Greenhouse has implemented a Code of Ethics, an internal compliance document that guides each Supervised Person in meeting their fiduciary obligations to Clients of Greenhouse. Further, Greenhouse is subject to regulatory oversight by various agencies. These agencies require registration by Greenhouse and its Supervised Persons. As a registered entity, Greenhouse is subject to examinations by regulators, which may be announced or unannounced. Greenhouse is required to periodically update the information provided to these agencies and to provide various reports regarding the business activities and assets of the Advisor. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 16  Privacy Policy Effective Date: February 17, 2026 Our Commitment to You Greenhouse Wealth Management, LLC (“Greenhouse” or the “Advisor”) is committed to safeguarding the use of personal information of our Clients (also referred to as “you” and “your”) that we obtain as your Investment Advisor, as described here in our Privacy Policy (“Policy”). Our relationship with you is our most important asset. We understand that you have entrusted us with your private information, and we do everything that we can to maintain that trust. Greenhouse (also referred to as “we," "our," and "us”) protects the security and confidentiality of the personal information we have and implements controls to ensure that such information is used for proper business purposes in connection with the management or servicing of our relationship with you. Greenhouse does not sell your non-public personal information to anyone. Nor do we provide such information to others except for discrete and reasonable business purposes in connection with the servicing and management of our relationship with you, as discussed below. Details of our approach to privacy and how your personal non-public information is collected and used are set forth in this Policy. Why you need to know? Registered Investment Advisors (“RIAs”) must share some of your personal information in the course of servicing your account. Federal and State laws give you the right to limit some of this sharing and require RIAs to disclose how we collect, share, and protect your personal information. What information do we collect from you? Social security or taxpayer identification number Assets and liabilities Name, address, and phone number[s] Income and expenses Email address[es] Investment activity Account information (including other institutions) Investment experience and goals What Information do we collect from other sources? Custody, brokerage, and advisory agreements Other advisory agreements and legal documents Transactional information with us or others Account applications and forms Investment questionnaires and suitability documents Other information needed to service account How do we protect your information? To safeguard your personal information from unauthorized access and use, we maintain physical, procedural, and electronic security measures. These include such safeguards as secure passwords, encrypted file storage, and a secure office environment. Our technology vendors provide security and access control over personal information and have policies over the transmission of data. Our associates are trained on their responsibilities to protect Clients’ personal information. We require third parties that assist in providing our services to you to protect the personal information they receive from us. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 17  How do we share your information? An RIA shares Client personal information to effectively implement its services. In the section below, we list some reasons we may share your personal information. Basis For Sharing Do we share? Can you limit? Yes No No Not Shared Yes Yes Servicing our Clients We may share non-public personal information with non-affiliated third parties (such as administrators, brokers, custodians, regulators, credit agencies, other financial institutions) as necessary for us to provide agreed upon services to you, consistent with applicable law, including but not limited to: processing transactions; general account maintenance; responding to regulators or legal investigations; and credit reporting. Marketing Purposes Greenhouse does not disclose and does not intend to disclose personal information with non-affiliated third parties to offer you services. Certain laws may give us the right to share your personal information with financial institutions where you are a customer and where Greenhouse or the client has a formal agreement with the financial institution. We will only share information for purposes of servicing your accounts, not for marketing purposes. Authorized Users Your non-public personal information may be disclosed to you and persons that we believe to be your authorized agent[s] or representative[s]. No Not Shared Information About Former Clients Greenhouse does not disclose and does not intend to disclose non-public personal information to non-affiliated third parties with respect to persons who are no longer our Clients. Changes to our Privacy Policy We will send you a copy of this Policy annually for as long as you maintain an ongoing relationship with us. Periodically we may revise this Policy and will provide you with a revised Policy if the changes materially alter the previous Privacy Policy. We will not, however, revise our Privacy Policy to permit the sharing of non-public personal information other than as described in this notice unless we first notify you and provide you with an opportunity to prevent the information sharing. Any Questions? You may ask questions or voice any concerns, as well as obtain a copy of our current Privacy Policy by contacting us at (203) 561-5002 or via email at ryan@greenhousewealth.com. Greenhouse Wealth Management, LLC 8 Wright Street, Suite 107, Westport, CT 06880 Phone: (203) 561-5002 www.greenhousewealth.com Page 18