J.P. King Advisors, Inc.

Form ADV – Part 2A: Firm Brochure Item 1: Cover Page March 24, 2026 1600 South Main Street Suite 275 Walnut Creek, CA 94596 Firm Contact: Justin W. Dodson, Chief Compliance Officer Firm Website: www.JPKingAdvisors.com This brochure provides information about the qualifications and business practices of J.P. King Advisors, Inc. (hereinafter also referred to as “JPKA” or “the Firm” or “us”). JPKA is registered as an investment adviser under the Investment Advisors Act of 1940. If you have any questions about the contents of this Brochure, please contact us by telephone at (925) 935-1555 or email justin@jpkingadvisors.com. The information in this Brochure has not been approved or verified by the United States Securities and Exchange Commission (SEC) or any State Securities Authority. Additional information about J.P. King Advisors, Inc. is available on the SEC’s website at www.adviserinfo.sec.gov and at our firm’s website: www.jpkingadvisors.com. Please note that the use of the term “registered investment adviser” and description of J.P. King Advisors, Inc. and/or our associates as “registered” does not imply a certain level of skill or training. You are encouraged to review this Brochure and Brochure Supplements for our firm’s associates who advise you for more information on the qualifications of our firm and our employees. ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 1  Item 2: Material Changes Annual Update: J.P. King Advisors, Inc. is required to advise you of any material changes to Form ADV – Part 2A, the Firm Brochure (“Brochure”) from our last update. Material Changes Since Last Update: No material changes since last update. Full Brochure Available: Whenever you would like to receive a complete copy of our Firm Brochure, please contact us by telephone at (925) 935-1555 or by email to justin@jpkingadvisors.com. ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 2  Item 3: Table of Contents Form ADV Part 2A: Brochure Item 1: Cover Page……………………………………………………………………………………….………………………………………….1 Item 2: Summary of Material Changes………………………………………………………………………………………………….…...2 Item 3: Table of Contents……………………………………………………………………………….………............................................ 3 Item 4: Advisory Business……………………………………………………………………………….……………………………..…………4 Item 5: Fees & Compensation…………………………………………………………………………………….………………….………….5 Item 6: Performance-Based Fees…………………………………………………………………………………..………………………….6 Item 7: Types of Clients & Account Requirements……………………….……...............................................................................6 Item 8: Methods of Analysis, Investment Strategies and Risk of Loss……………..……………………………..………………6 Item 9: Disciplinary Information……………………………………………………………………………………………………………….8 Item 10: Other Financial Industry Activities and Affiliations………………………………..………………………….…………..8 Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading...…………….….…..9 Item 12: Brokerage Practices………………………………………………………………………………………………………….……….…10 Item 13: Review of Accounts or Financial Plans……………………………………………………..…………………………………11 Item 14: Client Referrals and Other Compensation…………………………………………………..……………….………………12 Item 15: Custody…………………………………………………………………………………………………………………………………….12 Item 16: Investment Discretion……………………………………………………………………………………………………………….12 ... Item 17: Voting Client Securities……………………………………………………………………………………………………….…… 13 Item 18: Financial Information………………………………………………………………………………………………………………..13 Form ADV Part 2B – Brochure Supplement available upon request ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 3  Item 4: Advisory Business A. Firm History, Principal Owners, and General Description of Services and Principal Owners: Founded by James Patrick King in 1981, the company incorporated as J.P. King Financial Advisors, Inc., and registered as an Investment Advisor with the SEC in 1982, offering financial advice on a fee basis. In April 2012 the name of our firm was changed to J.P. King Advisors, Inc. (JPKA). J.P. King Advisors, Inc. is a Registered Investment Advisory firm that provides comprehensive financial planning and investment advisory services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, partnerships and small businesses. Our focus is on enabling our clients to achieve their goals through long- term relationships that address a wide array of issues and concerns, including wealth acquisition and management; investment portfolio selection and monitoring; retirement planning; estate and legacy planning; risk management; cash flow and income tax planning; charitable planning, and other wealth creation, preservation and transfer matters. Related persons of the Firm may be licensed insurance agents. J.P. King Advisors, Inc. is a 100 percent employee-owned S Corporation formed in the State of California. Shares of the firm’s stock are owned as follows: Scott N. Horton: At least 50% but less than 70% Justin W. Dodson: At least 15% but less than 35% Jessica L. Schafer: At least 15% but less than 35% B. Types of Advisory Services We Offer : JPKA provides advisory services in the following ways: Investment Advisory Services: Generally, clients of our investment advisory service receive the following: 1. Market Outlook & Updates Investment Bulletins and periodic 2. 3. 4. 5. 6. 7. 8. 9. Development & implementation of a personal investment plan based on our understanding of your unique circumstances, including an Investor Profile Statement (IPS) and a plan for liquidating existing securities, taking into account tax and other considerations Investment selection and execution of investment plan model Ongoing monitoring and quarterly performance reports in hard copy or via web portal Monthly/quarterly statements directly from independent third-party custodians that hold your assets Quarterly Update meetings and portfolio reviews, generally annually Investment policy reviews as needed, generally every five years In person, telephone or Zoom meetings and email consultations throughout the year as needed. The benefits of ongoing JPKA research and analysis of available investment vehicles and alternatives; our Investment Committee generally meets twice monthly to monitor the portfolios used for clients. Assets are invested primarily in no-load mutual funds and exchange-traded funds through discount brokers or fund companies. Fund companies charge each shareholder a management fee that is disclosed in the fund prospectus. Discount brokerages may charge a transaction fee for the purchase or sale of some funds. Individual securities may be purchased or sold through a brokerage account when appropriate. The brokerage firm charges a fee for stock and bond trades. JPKA does not receive any compensation from fund companies. Investments may also include corporate debt securities, commercial paper, certificates of deposit, municipal securities, variable annuities, U.S. government securities, and interests in partnerships. Concierge Services: Initial public offerings (IPOs) are not available through our firm. J.P. King Advisors, Inc. offers concierge services when it is more appropriate for your needs and overall situation to work on a fixed annual fee basis. We recommend this service for clients with complex financial needs. Concierge services generally include a comprehensive review of overall strategy, investment selection, portfolio management and reporting, plus coordination with other advisors, brokers and agents to effect the achievement of your goals. Fees for the concierge service agreement are negotiable. ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 4  C. Explanation of whether we tailor our advisory services to the individual needs of clients and whether clients may impose restrictions on investing in certain securities or types of securities: D. Wrap Fee Programs: Each client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may not be possible due to the level of difficulty this would entail in managing the account. E. Disclosure of Assets Under Management: We do not sponsor any wrap fee programs. Our firm manages approximately $889,700,000 in assets for 452 client family relationships. All assets are managed on a discretionary basis. Note the amount of assets we manage may be disclosed by rounding down to the nearest $100,000. This figure is for the year ended December 31, 2025 for this Brochure update of March 24, 2026 (our “as of” date must not be more than three months before the date we update our Brochure in response to Item 4.E. of Form ADV Part 2A). Item 5: Fees and Compensation A. Description of how we are compensated for our advisory services provided to you: Investment Advisory Service: The annual fee for the Investment Advisory Service is a tiered, cumulative structure based on a percentage of investable assets according to the following schedule: 0.75 percent of active investment assets for the first $1 million 0.65 percent of active investment assets for the second $1 million 0.50 percent of active investment assets for the third $1 million 0.40 percent of active investment assets for the fourth $1 million 0.30 percent of active investment assets for all assets above $4 million B. Description of whether we deduct fees from clients’ assets or bill clients for fees incurred: Fees are deducted from managed account(s) and are billed quarterly in arrears, based on the average daily balance of asset values from the beginning through the end of each quarter. In cases where an account’s average daily balance is not available we will use the account value as of the last day of the previous quarter for calculating fees. JPKA invoices each client after the three-month billing period has ended. The client must consent in advance to direct debiting of their investment accounts. In some cases we allow clients to pay their fees directly by check following receipt of a bill. Fees for partial quarters are prorated based on the number of C. Description of any other types of fees or expenses clients may pay in connection with our advisory days during the quarter for which the agreement was in effect. services, such as custodian fees or mutual fund expenses: D. Fees paid in advance: Fees paid to JPKA are separate and distinct from fees charged by funds and fees paid to custodians. Clients may incur transaction charges for trades executed in their accounts from the custodians through which the trades are executed. These fees are separate from our fees, and we generally verbally review these custodial fees and fund expenses with new clients. Our practice is to minimize fees to clients whenever possible, using no-load and low cost securities as often as practical. These fees and transaction charges are usually small and incidental to the purchase or sale, and we believe the selection of the security is often more important than the nominal fee that the custodian charges for purchase and sale transactions. E. Commissionable Securities Sales: JPKA does not collect advisory fees in advance. We do not sell securities for a commission in our advisory accounts. ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 5  Item 6: Performance-Based Fees and Side-By-Side Management We do not charge performance-based fees for our advisory services. Item 7: Types of Clients and Account Requirements JPKA provides services to individuals, high net worth individuals, trusts, estates, charitable organizations, pension and profit sharing plans, corporations and other business entities. Client relationships vary in scope and length of service. JPKA has no minimum requirements for engaging our services. We reserve the right to refuse service to anyone if our services are not appropriate for you. In such instances, JPKA will attempt to provide suitable alternative advisor recommendations for your consideration. Item 8: Methods of Analysis, Investment Strategies and Risk of Loss A. Methods of Analysis: past performance does not guarantee future results Our investment philosophy is focused on risk management. Our investment strategy is based on a wide body of empirical academic research and historical market data that embodies the major tenets of Modern Portfolio Theory, diversification, asset allocation, and behavioral economics. Overall our investment strategy is guided by the following principles: 1. 2. 3. 4. 5. 6. 7. 8. The future is impossible to predict, so all investment strategies must take account of uncertainty. ” There is a good reason why prospectuses say that “ – it doesn’t. However the past teaches valuable lessons about investor behavior that can be applied to present and future decisions. While earning a competitive or even superior rate of return is nearly universally desirable, managing risk exposure is the most important consideration in successful portfolio design. Short-term trends can sometimes persist for extended time periods until they change, often dramatically. This makes market timing an extremely risky and difficult tactic to successfully employ over time. The biggest obstacles to long-term success are unrealistic expectations and lack of discipline. Investors tend to be overconfident during rising markets and nervous or fearful during falling markets both of which lead to poor decision making. Passive index investments have many desirable attributes, principally low costs and relative tax efficiency. Active investment managers (AIMs), as a group, reduce net returns due to fees and expenses incurred. But AIMs who are experienced, disciplined and skilled can make important contributions to a diversified portfolio strategy. While research and analysis help select investments and AIMs, strategic factors such as investment policy, asset allocation, and portfolio rebalancing have a greater effect on long-term results. Our strategy is based on the belief that strategic asset allocation is the most important determinant of a portfolio’s risk and return over time. We design globally diversified portfolios that target the major asset classes of domestic and international equities, fixed income, alternative investments, and cash. Our Investment Committee uses a disciplined approach employing strategic elements in managing the firm’s B. Sources of Information: portfolio allocations. Investor Profile Statement In creating investment strategies or financial plans, JPKA obtains information from commercially available services covering investment companies, taxes, real estate investments, annuities, funds & other securities, market conditions, and historical information and ratings of individual securities. We rely heavily on information clients provide pertaining to their financial situation, investment goals and objectives, time horizon, liquidity requirements, tax situation, estate planning, college planning, insurance needs and other factors. This information forms the foundation for an asset allocation plan for each client, which is then (IPS). Each client reviews and signs an IPS to document their formalized in an ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 6  C. Risk of Loss: desired investment strategy. The IPS is a dynamic communication tool that is revisited and revised as your circumstances and objectives change over time, generally every five years. All investment programs have certain risks that are borne by the investor. Our investment recommendations seek to limit risk through global diversification within and across a broad range of asset classes. Our investment approach constantly and consistently keeps the risk of loss in mind. In addition to the general risk of loss, investors face specific types of risk as follows: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. D. Alternative Investments: Market Risk: The price of a security may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political or economic conditions may trigger market events. Even a long-term investment approach cannot guarantee a profit. The value of even a well-diversified portfolio will fluctuate and there is a risk that investors will lose money. Correlation Risk: This is the risk that correlations between individual funds, securities, and asset classes increase, resulting in a decrease in the risk reduction benefits of diversification. In particular there is a tendency for correlations of different types of risky assets to increase during periods of financial stress, causing portfolio losses that can be more severe than would otherwise be the case if correlations had remained at lower levels. Foreign Securities & Currency Risk: Foreign investments may decline or fluctuate because of (1) economic or political actions of foreign governments and/or (2) less regulated, less liquid securities markets. Investors holding these securities are also exposed to foreign currency risk or exchange rate risk, the result of foreign currencies fluctuating in value against the U.S. dollar. Emerging & Frontier Markets Risk: Many emerging market countries have a history of economic and political disruptions, and continue to experience such events. Stock markets in many of these countries are relatively small, risky, and expensive to trade in. Foreigners may be limited in their ability to invest in and withdraw assets from these markets. Frontier market countries generally have smaller economies with less developed capital markets, magnifying the risks of investing in emerging markets. Interest Rate Risk: Changes in interest rates may cause security prices to fluctuate; e.g. when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. Credit Risk: This is the risk that the issuer of a security may be unable to make interest payments and/or repay principal when due. A downgrade to an issuer’s credit rating, or a change in an issuer’s financial strength, may affect the value of a security and thus impact fixed income performance. Inflation Risk: When inflation rises, a dollar next year will not buy as much as a dollar today, because purchasing power is eroding at the rate of inflation. Reinvestment Risk: This risk relates primarily to fixed income securities, when future proceeds from investments may have to be reinvested at a potentially lower rate of return (lower interest rate). Business Risk: Business risks are associated with a particular industry or a specific company within an industry. For example, oil-drilling companies depend on finding oil and then refining it before they can generate a profit, a lengthy process. These companies carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like. Liquidity Risk: Liquidity is the ability to readily convert a security into cash. Generally, assets are more liquid if many investors are interested in a standardized product. For example, Treasury bills are highly liquid, while real estate properties are not. Financial Risk: Excessive borrowing to finance business operations increases the risk of default, because the company must always meet its obligations. During periods of financial stress, the inability to meet loan obligations may results in bankruptcy and/or a declining market value. Real Estate Investment Trusts (“REITs”) and other alternative investments involve a high degree of risk and can be illiquid due to restrictions on transfer and lack of a secondary trading market. They can be speculative and volatile, and an investor could lose all or a substantial amount of an investment. Alternative investments may lack transparency as to share price, valuation and portfolio holdings. Complex tax structures often result in delayed tax reporting. Alternative investment managers typically ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 7  exercise broad investment discretion and may apply similar strategies across multiple investment vehicles, resulting in less diversification. E. Securities Not Included in the Strategies Described: F. Annuities: Client portfolios may include individual equity or fixed income securities that are not included in any of the firm’s investment strategies. These are exceptions, usually positions that a client purchased prior to working with us that may be held due to tax implications or for other client-specific considerations. JPKA will generally develop a plan for the liquidation of non-recommended positions in consultation with the client. If a client wishes to maintain a position that is not part of their recommended investment strategy, JPKA may, after discussion with the client, exclude these securities from our management fee and performance calculations. While this is a rare event, in such situations JPKA will clearly state those positions are “excluded” and/or “unsupervised” and that our firm is not responsible for their management. JPKA may also recommend and sell annuities to clients when appropriate. Advisors review client’s existing annuities and insurance policies, and may recommend clients transfer their existing policies to low-cost, no-load variable or fixed annuities or to term life or another form of life insurance when applicable. JPKA will manage any annuities as part of the client’s overall asset allocation plan. Related persons of our firm may receive commissions on the sale of insurance products and such compensation will be disclosed in advance of any purchase. Item 9: Disciplinary Information Registered Investment Advisors are required to disclose all material facts regarding any legal or disciplinary events that would be material to your evaluation of our advisory business. We have determined that JPKA and its employees have no items to disclose. Item 10: Other Financial Industry Activities and Affiliations financial industry activities other than those described in this Brochure. Our JPKA firm has no does not have any relationships or financial arrangements that include any of the following: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Broker-dealer, municipal securities dealer, or government securities dealer or broker Investment company or other pooled investment vehicle (including a mutual fund, closed-end investment company, unit investment trust, private investment company or “hedge fund,” and offshore fund) Other investment adviser or financial planner Futures commission merchant, commodity pool operator, or commodity trading advisor Banking or thrift institution Accountant or accounting firm Lawyer or law firm Insurance company or agency Pension consultant Real estate broker or dealer Sponsor or syndicator of limited partnerships ® CRPC ® . Licensed advisors of the firm may engage in the sale of insurance products, spending less than one percent of their time on those activities. A potential conflict of interest exists as JPKA may receive insurance commissions in addition to investment advisory fees. Clients are under no obligation to purchase insurance products from these insurance-licensed advisors: Justin W. Dodson, Jessica L. Shafer, CFP and Douglas R. Villing, ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 8  Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading A. Brief description of our Code of Ethics adopted pursuant to SEC rule 204A-1 and offer to provide a copy of our Code of Ethics to any client or prospective client upon request.: Code of Ethics and Professional Responsibility Rules of Conduct and its The Certified Financial Planner Board of Standards (CFP Board) maintains professional standards necessary for competency and ethics in the financial planning profession. Our firm has committed to the CFP Board’s . JPKA has also adopted its own Code of Ethics. These principles are designed to emphasize the fiduciary duty to clients required of all our employees, and these same principles detail the process for compliance with applicable laws such Annual Privacy, Disaster, and Business Continuity as insider trading and money laundering. JPKA will provide a copy of this code to any client or prospective Disclosure client upon request. We include a copy of the code in our J.P. King Advisors Code of Ethics to clients. are to protect the firm’s clients and the firm’s The objectives of the reputation, and include the following important principles: 1. 2. 3. 4. 5. JPKA employees will always place the client’s interest before all others JPKA employees will conduct personal securities transactions in a manner that avoids any conflict of interest or abuse of position or trust JPKA employees will safeguard the privacy and confidentiality of client information JPKA employees will undertake investment decisions in a manner that is independent and appropriate for each individual client JPKA employees will act in a manner that safeguards the Firm’s reputation and is consistent with the principles of honesty, integrity, and professionalism B. If our firm or a related person recommends to clients, or buys or sells for client accounts, securities in which our firm or a related person has a material financial interest (excluding an interest as a shareholder of an SEC-registered, open-end investment company), we must describe our practice and discuss the conflicts of interest it presents.Participation or Interest in Client Transactions: Our Firm and related persons do not participate in securities in which they have a material financial C. If our firm or a related person invests in the same securities (or related securities, e.g., warrants, interest, nor do we recommend to clients securities in which we have a material financial interest. options or futures) that our firm or a related person recommends to clients, we are required to describe our practice and discuss the conflicts of interest this presents and generally how we address the conflicts that arise in connection with personal trading: Related persons of our firm may buy or sell securities and other investments that are also recommended to clients. In order to minimize this conflict of interest, our related persons will place client interests ahead D. If our firm or a related person recommends securities to clients, or buys or sells securities for of their own interests and adhere to our firm’s Code of Ethics, a copy of which is available upon request. client accounts, at or about the same time that you or a related person buys or sells the same securities for our firm’s (or the related person's own) account, we are required to describe our practice and discuss the conflicts of interest it presents. We are also required to describe generally how we address conflicts that arise: See Item 11A of this brochure. Related persons of our firm may buy or sell securities for themselves at or about the same time they buy or sell the same securities for client accounts. In order to minimize this conflict of interest, our related persons will place client interests ahead of their own interests and adhere to our firm’s Code of Ethics, a copy of which is available upon request. Further, our related persons will refrain from buying or selling the same securities prior to buying or selling for our clients on the same day. If related persons’ accounts are included in a block trade, our related persons will always trade personal accounts last. ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 9  Item 12: Brokerage Practices A. Description of the factors that we consider in selecting or recommending broker-dealers for client transactions and determining the reasonableness of their compensation (e.g., commissions): Our Firm does not have any affiliation with any product sales firm, nor do we have the authority to determine the broker to be used without obtaining your consent. When recommending that you establish accounts with specific brokerage/custodian firms, we seek to recommend a broker/custodian who will hold assets and execute transactions on terms that are overall most advantageous when compared to other available providers and their services. We consider a wide range of factors, including, among others, these: • • • • • • • • • Business (national) reputation, financial condition, and proven integrity of the firm(s) Client services offered including communication, access to information, trust services, research resources and services, and product availability Commission and fee structures and competitive rates Custodial and transfer services and rates Timeliness and accuracy of trade execution and trade confirmations SIPC insurance and related insurance issues Access to institutional trading platforms that allow for efficient automated trading, and download and activity file services Availability of a wide variety of high quality security choices from no-load mutual fund and ETF providers, and liquidity of securities traded Other services that allow us to provide efficient investment advisory services including best execution, research services, and the ability to provide investment ideas and execute trades in difficult markets 1. Research and Other Soft Dollar Benefits: Our Firm reviews the execution of trades and trading fees and commissions at each of our custodians, generally on an annual basis. JPKA does not receive any portion of the trading fees and commissions. Our Firm has custodial relationships with broker-dealers, principally but not exclusively with Fidelity Investments, Inc., Charles Schwab and Company, Inc., and other investment companies such as American Funds. We seek to recommend a custodian/broker who will hold your assets and execute transactions on terms that are overall most advantageous when compared to other available providers and their services. Our Firm receives some benefits from Fidelity and Schwab through our participation in their advisor services programs (please see section under “Soft Dollars” in its special section below). Schwab Fidelity) Charles Schwab and Company, Inc. (hereinafter are Schwab Fidelity and Schwab Fidelity Fidelity Schwab and and Schwab Schwab; Fidelity Fidelity; Fidelity ) and Fidelity Investments, Inc. (hereinafter independent SEC-registered broker-dealers. Both companies offer services to independent advisors that include custody of client securities, trade execution, clearance and settlement of transactions. Our firm receives benefits from through our participation in their advisor programs, intended to help our firm manage and further develop our business enterprise. may make certain research and brokerage services available may discount or waive fees it would otherwise charge at no additional cost. Also, for some of these services, or pay all or a part of the fees of a third-party providing these services to our Firm. These support services from are generally available on an unsolicited basis (we don’t have to request them) and at no charge to our firm as long as our clients collectively maintain a total of Schwab if our collective total is less than $10 million in assets, at least $10 million of their assets at may charge us quarterly service fees of $1,200. These support services are also generally and at no charge to our Firm as long as our clients Schwab if our collective total is less Fidelity may charge us quarterly service fees of $2,500. In addition, available on an unsolicited basis from collectively maintain a total of at least $50 million of their assets at than $50 million in assets and customarily host conferences which offer continuing education and training, and which include the provision of meals and entertainment that are provided to employees of our Firm without charge. Our Firm may participate in similar programs with other custodians, although currently we do ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 10  not. We have approximately 68 accounts with American Funds, where we custody our clients’ Section 2. Brokerage for Client Referrals. 529 College Savings Plan accounts. JPKA does not receive any referrals or have any incentive to select among the custodian brokerage 3. Directed Brokerage: firms we use to manage client assets. B. Order Aggregation: JPKA does not recommend, request or require that a client direct us to execute transactions through a specified custodian brokerage firm. Most of our trades are mutual funds or exchange-traded funds where trade aggregation does not garner client cost benefits. Item 13: Review of Accounts A. Rebalancing Accounts - General: Account reviews are performed at least quarterly to learn whether accounts are in line with your investment objectives, and appropriately positioned based on market conditions and investment policies. More specifically, our financial advisors seek to determine if asset class values have deviated from fixed targets or target ranges, and for the purpose of meeting clients’ cash flow needs. Even if one or more asset classes fall outside their target, we may determine not to rebalance for various reasons, including but not limited to: 1. 2. 3. 4. Avoidance of short-term capital gains Deferral of long-term capital gains Minimization of transaction costs Other reasons related to economic, business, cyclical, or market-related factors ® , ® ® , Douglas R. Villing and Jonathan T. Gonzales CFP Justin W. Dodson, Jessica L. Schafer, In executing rebalancing actions, the advisors (Scott N. Horton, CFP ) will seek to rebalance one or more assets classes CFP closer to the targets, but may not rebalance a specific asset class, segment, or security in light of tax considerations or the burden of transaction costs relative to the amount of the trade. Additionally, JPKA advisors may estimate the market close at any point during the day when trades are placed, and undertake trades on that basis. Since the markets may be quite volatile – and not predictable – this may cause our advisors to underestimate or overestimate the exact dollar amount needed to precisely effect a B. Periodic Reviews: rebalancing action. ® Justin W. Dodson, Jessica L. Schafer, CFP ® Account reviews are performed on a quarterly basis by one or more of the Firm’s financial advisors and ® , Douglas , investment committee members: Scott N. Horton, CFP R. Villing and Jonathan T. Gonzales CFP . Reviews are done more frequently when special circumstances dictate the need. Additional portfolio reviews are undertaken upon request by clients, such as when special cash needs arise; other special situations arise (e.g., marriage, divorce), or when significant additional cash or securities are added to the investment portfolio. Other conditions that may trigger a review are changes in a client’s personal situation (e.g., illness, job layoff, and disability), changes in the income tax or estate tax laws, and new investment information. C. Regular Periodic Reports: Investment Advisory Service Account reviewers are members of the Firm’s Investment Committee. They are instructed to consider each Retainer (Concierge client’s current security positions and the likelihood that the performance of each security will contribute Market Update and Outlook: Service) to the investment objectives of the client. clients and clients receive written quarterly reports that include: Quarterly portfolio performance report(s); portfolio holdings report(s); and other portfolio updates (when applicable). ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 11  Item 14: Client Referrals and Other Compensation A. If someone who is not a client provides an economic benefit to our firm for providing investment advice or other advisory services to our clients, we must generally describe the arrangement. For purposes of this Item, economic benefits include any sales awards or other prizes: We receive an economic benefit from Fidelity Investments and Charles Schwab in the form of the support products and services it makes available to us and other independent investment advisors whose clients maintain their accounts at Fidelity or Schwab. We benefit from the products and services provided because the cost of these services would otherwise be borne directly by us, and this creates a conflict. You should consider these conflicts of interest when selecting a custodian. These products and services, how they benefit us and the related conflicts of interest are described above in Item 12: Brokerage Practices. B. If our firm or a related person directly or indirectly compensates any person who is not our employee for client referrals, we are required to describe the arrangement and the compensation: In accordance with Rule 206 (4)-1 of the Investment Advisers Act of 1940, our firm does not provide cash or non-cash compensation directly or indirectly to unaffiliated persons for testimonials or endorsements (which include client referrals). Item 15: Custody Our Firm meets the SEC definition of having custody of client accounts where a Standing Letter of Authorization (SLOA) allows third party money movement. JPKA has complied with the provisions of the SEC No-Action Letter dated 2/21/2017 in coordination with our account custodians. We rely on our custodians to send notifications to our clients when instructions are set up, when a transaction is made, and at a minimum, annually. In cases where a third party SLOA is on file, JPKA has confirmed and certified with internal records that the third party is in no way affiliated with JPKA. We are not granted access to our clients’ accounts other than for fee deduction purposes, or to facilitate actions requested by and authorized by clients. This is for the safety and protection of our clients’ assets. With written client consent, JPKA may be provided with the ability to electronically deduct our quarterly management fee from client accounts. As explained previously in Item 5, beginning on page 5, this process is generally more efficient for clients and for our Firm, and there may be tax benefits accruing when fees can be paid from certain types of accounts, depending on the client’s personal situation. All our investment advisory clients receive account statements (generally monthly, but at least quarterly) at their address of record or via email directly from the account custodians that hold their assets. The custodian’s independent account statements will always show the client’s account balances, transaction history, and any fees taken out of the account. Delivery may be electronic, rather than by mail, if available from the custodian and so elected by the client. We encourage clients to carefully review these account statements and compare them to the quarterly reports, fee statements, and any other related documents provided by our firm. This review will help assure you that all account transactions, including deductions for management fees, remain proper. We encourage you to contact us with questions or concerns about custody, safety, privacy, and security, and to notify us immediately if you find any discrepancy in their statements or reports. Item 16: Investment Discretion JPKA accepts discretionary authority to manage securities accounts on your behalf, pursuant to an executed Investment Advisory Agreement or a Financial Planning Agreement. Each Investment Management Advisory client and each Financial Planning Client signs a limited power of attorney so that we may execute trades necessary to effectively manage securities on your behalf. Discretionary trading authority facilitates trading in your accounts so that we may promptly implement the investment strategy that you agreed to and approved in writing. JPKA has the authority to determine, without obtaining your specific consent, the securities to be bought or sold, the amount of the securities to be bought or sold, and ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 12  Investment Bulletin the costs at which the transactions will be executed. However, limitations may be imposed in the form of specific constraints on any of these areas of discretion with our firm’s acknowledgement. In these cases, we consult with you prior to each trade to obtain concurrence, when a blanket trading authorization has not been given. Even with clients who provide our firm with full investment discretion on their behalf, our policy is generally to send you an announcing changes or rebalancing that we plan, explaining our strategy and rationale, and providing all the required disclosure documents. We invite you to contact us with any questions, and to let us know within a specified period of time, if you do not agree to the changes proposed. Item 17: Voting Client Securities JPKA does not accept the proxy authority to vote client securities. You will receive proxies or other solicitations directly from the custodian or a transfer agent, and you are expected to vote your own proxies. You may request assistance on voting proxies or other solicitations, and we will respond to questions and provide recommendations if requested. As always, if a conflict of interest exists, it will be disclosed. Item 18: Financial Information JPKA is not required to provide financial information in this Brochure because our firm does not have any financial impairment, condition, or commitment that impairs our ability to meet our contractual and fiduciary commitments. We do not serve as a custodian for client funds or securities. We do not require prepayment of fees. And we have never been the subject of a bankruptcy proceeding. ___________________________________________________________________________________________________________________________________________________________ ADV Part 2A – Firm Brochure 13 

Form ADV – Part 2B: Investment Advisory Team Members Brochure Supplement March 24, 2026 Education and Business Standards: J.P. King Advisors, Inc. ® ® JPKA generally requires advisors in its employ to have a bachelor’s degree and further coursework demonstrating knowledge of financial planning and tax planning. Examples of acceptable coursework include but are not limited to: MS, MA, or MBA degree; CFP , CFA, ChFC, JD, EA, or CPA (or enrollment in a course of study to achieve such designations). Additionally, advisors must have work experience that demonstrates their aptitude for financial planning and investment management. In some advisors also attend cases, extensive work experience may substitute for educational training. All CFP continuing professional education sessions of no less than thirty hours during each two year renewal period. advisors must have a commitment to our investment approach and demonstrate a strong All commitment to and belief in their fiduciary responsibility to our firm and all our clients. Professional Certifications of Our Advisors: Advisors in our firm have earned certifications and credentials that are explained in further detail below: CERTIFIED FINANCIAL PLANNER ProfessionalTM (CFP®) 1. TM TM (also CERTIFIED FINANCIAL PLANNER Practitioner ® ® mark. CFP : The designation CERTIFIED FINANCIAL ) indicates an certification requirements include: PLANNING Professional individual is licensed by the CFP Board to use the CFP ® Certification Examination a. b. c. d. e. f. Chartered Retirement Planning CounselorSM (CRPC®): Bachelor’s Degree from an accredited college or university Completion of the financial planning education requirements set by the CFP Board (www.cfp.net) Successful completion of the CFP Completion of three years of qualifying full-time work experience Successfully pass the Candidate Fitness Standards and background check Fulfill minimum thirty hours of continuing professional education during every two year renewal period (including an Ethics course requirement each period) 2. ® education requirements and Certification Examination This program enables experienced advisors, who are focused on retirement planning for individuals, define a “road map to retirement.” There is a focus on clients’ pre- and post-retirement needs, as well as issues related to asset management and estate planning. a. b. c. Successful completion of the CRPC Issuing Organization (College for Financial Planning) is accredited by U.S Department of Education Regional Accredited Agencies, The Higher Learning Commission (HLC) Fulfill minimum sixteen hours of continuing professional education during every two year renewal period Detailed information about the backgrounds and experience of each of the firm’s investment advisors begins on page 2 of this Brochure Supplement. __________________________________________________________________________________________________________________________________________________________ ADV Part 2B –Brochure Supplement 1  Scott N. Horton, BS, MS, CFP® Date of birth Educational Background : May 19, 1972 : ® Business Experience designation, College for Financial Planning, 2001 BS, Managerial Economics, University of California at Davis, 1995 MS, Finance, Golden Gate University, California 2000 Graduate Certificate in Financial Planning, Golden Gate University, 2000 CFP : 1995 to 1996: Morgan Stanley Dean Witter, Account Executive 1996 to 2008: Fidelity Investments, Private Client Group, Vice President, Sr. Account Executive Disciplinary Information: 2008 to 2014: Investment Architects, Inc., Registered Representative 2008 to 2016: J.P. King Advisors, Inc., Principal 2017 to present: J.P. King Advisors, Inc., President, CEO, and CIO Additional Compensation: None Supervision: None Scott N. Horton is supervised by Justin W. Dodson, Principal, COO, and CCO (Chief Compliance Officer) of our Firm. He reviews Scott’s work through frequent office interactions as well as remote interactions. Mr. Dodson also reviews Scott’s activities through our client relationship management system, our email system, weekly team meetings, and trading logs. Supervisor Justin W. Dodson’s contact information: Phone (925) 935-1555 or email justin@jpkingadvisors.com Justin W. Dodson, BS Date of birth Educational Background : June 23, 1974 : Business Experience BS, Business Administration/Finance, Sonoma State University, California, 2000 FINRA Series 66 – Investment Adviser Rep., CRD #4217330 Life, Health & Variable Contracts licenses from the States of California, Georgia and Washington : Disciplinary Information: 2000 to 2002: PaineWebber and Company, Financial Advisor 2002 to 2003: MetLife Securities, Inc., Financial Planner 2003 to 2012: Fidelity Investments, Private Client Group, Vice President, Sr. Account Executive 2012 to 2014: Investment Architects, Inc., Registered Representative 2012 to 2016: J.P. King Advisors, Inc., Financial Advisor 2017 to present: J.P. King Advisors, Inc., Principal, COO, and CCO Other Business Activities: None JPKA Justin W. Dodson is licensed in the states of California, Georgia and Washington to may receive customary insurance sell insurance products. A potential conflict of interest exists as commissions in addition to investment advisory fees. Clients are under no obligation to purchase insurance Additional Compensation: products from Justin. None __________________________________________________________________________________________________________________________________________________________ ADV Part 2B –Brochure Supplement 2  Supervision: ® Justin W. Dodson is supervised by Scott Horton, CFP , President, CEO, and CIO of our firm. He reviews Justin’s work through frequent office interactions as well as remote interactions. Mr. Horton also reviews Justin’s activities through our client relationship management system, our email system, weekly team meetings, and trading logs. Supervisor Scott N. Horton’s contact information: Phone (925) 935-1555 or email scott@jpkingadvisors.com Jessica L. Schafer, BS, CFP® Date of Birth Educational Background : February 6, 1987 : ® designation, College for Financial Planning, 2013 Business Experience BS, Business Administration, California State University, East Bay, 2009 CFP Life, Health & Variable Contracts licenses from the State of California : ® , Assistant Disciplinary Information: 2002 to 2009: Steve Sauer, CFP Jan. – July 2009: American Investors Company, Registered Representative 2009 to 2010: Alamo Capital, Operations Assistant 2010 to 2016: American Investors Company, Registered Representative, Advisory Affiliate 2016 to 2021: J.P. King Advisors, Inc., Financial Advisor 2022 to present: J.P. King Advisors, Inc., Principal Other Business Activities: None JPKA Jessica L. Schafer is licensed in the state of California to sell insurance products. A may receive customary insurance commissions in addition to potential conflict of interest exists as Additional Compensation: investment advisory fees. Clients are under no obligation to purchase insurance products from Jessica. Supervision: None Jessica L. Schafer is supervised by Justin W. Dodson, Principal, COO, and CCO (Chief Compliance Officer) of our Firm. He reviews Jessica’s work through frequent office interactions as well as remote interactions. Mr. Dodson also reviews Jessica’s activities through our client relationship management system, our email system, weekly team meetings, and trading logs. Supervisor Justin W. Dodson’s contact information: Phone (925) 935-1555 or email justin@jpkingadvisors.com Douglas R. Villing, BS, CRPC® Date of Birth Educational Background : January 28, 1969 : ® designation, College for Financial Planning, 2010 BS, Business Administration, Northern Kentucky University, 1996 CRPC Life, Health & Variable Contracts licenses from the State of California __________________________________________________________________________________________________________________________________________________________ ADV Part 2B –Brochure Supplement 3  Business Experience : Disciplinary Information: 1998 to 2012: Fidelity Investments, Retirement Consultant 2012 to 2020: TIAA Individual and Institutional Services, Wealth Management Advisor 2021 to present: J.P. King Advisors, Inc., Financial Advisor Other Business Activities: None JPKA Douglas R. Villing is licensed in the state of California to sell insurance products. A may receive customary insurance commissions in addition to potential conflict of interest exists as Additional Compensation: investment advisory fees. Clients are under no obligation to purchase insurance products from Douglas. Supervision: None Douglas R. Villing is supervised by Justin W. Dodson, Principal, COO, and CCO (Chief Compliance Officer) of our Firm. He reviews Douglas’ work through frequent office interactions as well as remote interactions. Mr. Dodson also reviews Douglas’ activities through our client relationship management system, our email system, weekly team meetings, and trading logs. Supervisor Justin W. Dodson’s contact information: Phone (925) 935-1555 or email justin@jpkingadvisors.com Jonathan T. Gonzales, BS, CFP® Date of Birth Educational Background : October 13, 1987 : Business Experience BS, Business Administration/Economics, Saint Mary’s College of California, 2009 CFP® designation, Dalton Education, 2023 : 2010 to 2011: J.P. Morgan Chase Bank, Teller 2010 to 2018: J.P. King Advisors, Inc., Associate 2019 to present: J.P. King Advisors, Inc., Financial Advisor Disciplinary Information: Additional Compensation: None Supervision: None Jonathan T. Gonzales is supervised by Justin W. Dodson, Principal, COO, and CCO (Chief Compliance Officer) of our Firm. He reviews Jonathan’s work through frequent office interactions as well as remote interactions. Mr. Dodson also reviews Jonathan’s activities through our client relationship management system, our email system, weekly team meetings, and trading logs. Supervisor Justin W. Dodson’s contact information: Phone (925) 935-1555 or email justin@jpkingadvisors.com __________________________________________________________________________________________________________________________________________________________ ADV Part 2B –Brochure Supplement 4