ROSSJOHNSON & ASSOCIATES, LLC

Form ADV Part 2A – Firm Brochure This brochure provides information about the qualifications and business practices of ROSS\JOHNSON & Associates, LLC. If you have any questions about the contents of this brochure, please contact us at (763) 560-2127 or by email at: RJAInfo@rossjohnsonweb.com. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. ROSS\JOHNSHON & Associates, LLC is registered as an Investment Adviser with the Securities and Exchange Commission. Registration of an Investment Adviser does not imply any level of skill or training. Additional information about ROSS\JOHNSHON & Associates, LLC is also available on the SEC’s website at www.adviserinfo.sec.gov. ROSS\JOHNSHON & Associates, LLC’s CRD number is: 297583. 3380 Annapolis Ln N Ste. B-100 Plymouth, MN 55447 (763) 560-2127 RJAInfo@rossjohnsonweb.com www.rossjohnsonweb.com Version Date: 4/16/2025 i  Item 2: Material Changes The last annual updating amendment of ROSS\JOHNSON & Associates, LLC‘s was on 1/31/2025. Material changes relate to ROSS\JOHNSON & Associates, LLC‘s policies, practices or conflicts of interests only.  Patrick T. Ross is the firm’s Chief Compliance Officer.  Patrick T. Ross is the firm’s sole owner.  Item 5: Portfolio management fees are deducted from clients’ accounts monthly or quarterly in arrears, based on custodian. ii  Item 3: Table of Contents Item 1: Cover Page Item 2: Material Changes ....................................................................................................................................... ii Item 3: Table of Contents ...................................................................................................................................... iii Item 4: Advisory Business ......................................................................................................................................1 Item 5: Fees and Compensation .............................................................................................................................3 Item 6: Performance-Based Fees and Side-By-Side Management ....................................................................4 Item 7: Types of Clients ..........................................................................................................................................4 Item 8: Methods of Analysis, Investment Strategies, & Risk of Loss ...............................................................4 Item 9: Disciplinary Information ...........................................................................................................................7 Item 10: Other Financial Industry Activities and Affiliations ...........................................................................7 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 ................................................................................................................................11 Item 14: Client Referrals and Other Compensation ..........................................................................................11 Item 15: Custody ....................................................................................................................................................12 Item 16: Investment Discretion ............................................................................................................................12 Item 17: Voting Client Securities (Proxy Voting) ..............................................................................................12 Item 18: Financial Information .............................................................................................................................12 Brochure Supplements – Form ADV Part 2B ....................................................................................................13 Privacy Notice ........................................................................................................................................................22 iii  Item 4: Advisory Business A. Description of the Advisory Firm ROSS\JOHNSON & Associates, LLC (hereinafter “RJA”) is a Limited Liability Company organized in the State of Minnesota. The firm was formed in June 1998, and the principal owner is Patrick Ross. RJA is registered as an Investment Adviser with the Securities and Exchange Commission. RJA filed its initial application to become registered as an investment adviser in July 2018. B. Types of Advisory Services Portfolio Management Services RJA offers ongoing portfolio management services based on the individual goals, objectives, time horizon, and risk tolerance of each client. RJA creates an investment policy statement for each client, which outlines the client’s current situation (income, tax, and risk tolerance) and then constructs a plan to aid in the selection of a portfolio that matches each client's specific situation. Portfolio management services include, but are not limited to, the following: • Investment strategy • Asset allocation • Risk tolerance • Personal investment policy • Asset selection • Regular portfolio monitoring RJA evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. RJA will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. RJA seeks to provide that investment decisions are made in accordance with the fiduciary duties owed to its accounts and without consideration of RJA’s economic, investment or other financial interests. To meet its fiduciary obligations, RJA attempts to avoid, among other things, investment or trading practices that systematically advantage or disadvantage certain client portfolios, and accordingly, RJA’s policy is to seek fair and equitable allocation of investment opportunities/transactions among its clients to avoid favoring one client over another over time. It is RJA’s policy to allocate investment opportunities and transactions it identifies as being appropriate and prudent among its clients on a fair and equitable basis over time. Services Limited to Specific Types of Investments RJA generally limits its investment advice to mutual funds, fixed income securities, equities, ETFs, treasury inflation protected/inflation linked bonds and non-U.S. securities. RJA may use other securities as well to help diversify a portfolio when applicable. 1  Written Acknowledgement of Fiduciary Status When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:  Meet a professional standard of care when making investment recommendations (give prudent advice);  Never put our financial interests ahead of yours when making recommendations (give loyal advice);  Avoid misleading statements about conflicts of interest, fees, and investments;  Follow policies and procedures designed to ensure that we give advice that is in your best interest;  Charge no more than is reasonable for our services; and  Give you basic information about conflicts of interest. C. Client Tailored Services and Client Imposed Restrictions RJA provides personalized, comprehensive financial planning and investment management for individuals, trusts, estates, and small businesses. RJA specializes in efficient Accumulation, Distribution and Conservation of client wealth. This includes risk assessment, cash flow management, and tax planning. The process starts with detailed fact-finding which allows for verification of a client’s Present Plan. The information provided will be used to build the client’s PS&G (Protection, Savings & Growth) Model which is utilized to verify the client’s present financial position. The goal is to identify and implement comprehensive strategies to ensure that the client’s financial position is optimally coordinated and integrated to accomplish the objectives. Periodic reviews are established to address future client needs as well as any changing circumstance. RJA will continue to assess and communicate specific courses of action that need to be taken moving forward. On more than an occasional basis, RJA furnishes advice to clients on matters not involving securities, such as financial planning matters, taxation issues, and trust services that often include estate planning. RJA evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. D. Wrap Fee Programs RJA does not participate in wrap fee programs. 2  E. Assets Under Management RJA has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $165,033,536 $5,381,746 December 2024 Item 5: Fees and Compensation A. Fee Schedule The Advisory Fee is calculated and payable either monthly or quarterly in arrears, based on Custodian, on the month-end or quarter-end balance of the Account. Portfolio Management Fees Total Assets Under Management Annual Fees $0 - $500,000 1.00% $500,001 - $3,000,000 0.75% $3,000,001 - AND UP 0.50% RJA uses the value of the account as of the last business day of the billing period, after taking into account deposits and withdrawals, for purposes of determining the market value of the assets upon which the advisory fee is based. These fees are generally negotiable, and the final fee schedule will be memorialized in the client’s advisory agreement. Clients may terminate the agreement without penalty for a full refund of RJA's fees within five business days of signing the Investment Advisory Agreement. Thereafter, clients may terminate the Investment Advisory Agreement immediately upon written notice. B. Payment of Fees Payment of Portfolio Management Fees Asset-based portfolio management fees are withdrawn directly from the client's accounts with the client’s written authorization on a monthly or quarterly basis. Fees are paid in arrears. 3  C. Client Responsibility for Third Party Fees Clients are responsible for the payment of all third-party fees (i.e. custodian fees, brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and expenses charged by RJA. Please see Item 12 of this brochure regarding custodian. D. Prepayment of Fees RJA collects its fees in arrears. It does not collect fees in advance. E. Outside Compensation for the Sale of Securities to Clients RJA does not accept compensation for the sale of securities or other investment products including asset-based sales charges or service fees from the sale of mutual funds. Item 6: Performance-Based Fees and Side-By-Side Management RJA does not accept performance-based fees or other fees based on a share of capital gains on or capital appreciation of the assets of a client. Item 7: Types of Clients RJA generally provides advisory services to the following types of clients: Individuals   High-Net-Worth Individuals There is no account minimum for any of RJA’s services. Item 8: Methods of Analysis, Investment Strategies, & Risk of Loss A. Methods of Analysis and Investment Strategies Methods of Analysis RJA’s methods of analysis include Fundamental analysis, Modern portfolio theory and Quantitative analysis. 4  Fundamental analysis involves the analysis of financial statements, the general financial health of companies, and/or the analysis of management or competitive advantages. Modern portfolio theory is a theory of investment that attempts to maximize the portfolios expected return for a given amount of portfolio risk or equivalently minimize risk for a given level of expected return, each by carefully choosing the proportions of various asset. Quantitative analysis deals with measurable factors as distinguished from qualitative considerations such as the character of management or the state of employee morale, such as the value of assets, the cost of capital, historical projections of sales, and so on. Investment Strategies RJA uses long term trading. B. Material Risks Involved Methods of Analysis Fundamental analysis concentrates on factors that determine a company’s value and expected future earnings. This strategy would normally encourage equity purchases in stocks that are undervalued or priced below their perceived value. The risk assumed is that the market will fail to reach expectations of perceived value. Modern portfolio theory assumes that investors are risk averse, meaning that given two portfolios that offer the same expected return, investors will prefer the less risky one. Thus, an investor will take on increased risk only if compensated by higher expected returns. Conversely, an investor who wants higher expected returns must accept more risk. The exact trade-off will be the same for all investors, but different investors will evaluate the trade-off differently based on individual risk aversion characteristics. The implication is that a rational investor will not invest in a portfolio if a second portfolio exists with a more favorable risk-expected return profile – i.e., if for that level of risk an alternative portfolio exists which has better expected returns. Quantitative analysis Investment strategies using quantitative models may perform differently than expected as a result of, among other things, the factors used in the models, the weight placed on each factor, changes from the factors’ historical trends, and technical issues in the construction and implementation of the models. Investment Strategies Long term trading is designed to capture market rates of both return and risk. Due to its nature, the long-term investment strategy can expose clients to various types of risk that will typically surface at various intervals during the time the client owns the investments. These risks include but are not limited to inflation (purchasing power) risk, interest rate risk, economic risk, market risk, and political/regulatory risk. Investing in securities involves a risk of loss that you, as a client, should be prepared to bear. 5  C. Risks of Specific Securities Utilized Clients should be aware that there is a material risk of loss using any investment strategy. The investment types listed below (leaving aside Treasury Inflation Protected/Inflation Linked Bonds) are not guaranteed or insured by the FDIC or any other government agency. Mutual Funds: Investing in mutual funds carries the risk of capital loss and thus you may lose money investing in mutual funds. All mutual funds have costs that lower investment returns. The funds can be of bond “fixed income” nature (lower risk) or stock “equity” nature. Equity investment generally refers to buying shares of stocks in return for receiving a future payment of dividends and/or capital gains if the value of the stock increases. The value of equity securities may fluctuate in response to specific situations for each company, industry conditions and the general economic environments. Fixed income investments generally pay a return on a fixed schedule, though the amount of the payments can vary. This type of investment can include corporate and government debt securities, leveraged loans, high yield, and investment grade debt and structured products, such as mortgage and other asset-backed securities, although individual bonds may be the best known type of fixed income security. In general, the fixed income market is volatile and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. The risk of default on treasury inflation protected/inflation linked bonds is dependent upon the U.S. Treasury defaulting (extremely unlikely); however, they carry a potential risk of losing share price value, albeit rather minimal. Risks of investing in foreign fixed income securities also include the general risk of non-U.S. investing described below. Exchange Traded Funds (ETFs): An ETF is an investment fund traded on stock exchanges, similar to stocks. Investing in ETFs carries the risk of capital loss (sometimes up to a 100% loss in the case of a stock holding bankruptcy). Areas of concern include the lack of transparency in products and increasing complexity, conflicts of interest and the possibility of inadequate regulatory compliance. Risks in investing in ETFs include trading risks, liquidity and shutdown risks, risks associated with a change in authorized participants and non-participation of authorized participants, risks that trading price differs from indicative net asset value (iNAV), or price fluctuation and disassociation from the index being tracked. With regard to trading risks, regular trading adds cost to your portfolio thus counteracting the low fees that one of the typical benefits of ETFs. Additionally, regular trading to beneficially “time the market” is difficult to achieve. Even paid fund managers struggle to do this every year, with the majority failing to beat the relevant indexes. With regard to liquidity and shutdown risks, not all ETFs have the same level of liquidity. Since ETFs are at least as liquid as their underlying assets, trading conditions are more accurately reflected in implied liquidity rather than the average daily volume of the ETF itself. Implied liquidity is a measure of what can potentially be traded in ETFs based on its underlying assets. ETFs are subject to market volatility and the risks of their underlying securities, which may include the risks associated with investing in smaller companies, foreign securities, commodities, and fixed income investments (as applicable). Foreign securities in particular are 6  subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets. ETFs that target a small universe of securities, such as a specific region or market sector, are generally subject to greater market volatility, as well as to the specific risks associated with that sector, region, or other focus. ETFs that use derivatives, leverage, or complex investment strategies are subject to additional risks. The return of an index ETF is usually different from that of the index it tracks because of fees, expenses, and tracking error. An ETF may trade at a premium or discount to its net asset value (NAV) (or indicative value in the case of exchange-traded notes). The degree of liquidity can vary significantly from one ETF to another, and losses may be magnified if no liquid market exists for the ETF’s shares when attempting to sell them. Each ETF has a unique risk profile, detailed in its prospectus, offering circular or similar material, which should be considered carefully when making investment decisions. Non-U.S. securities present certain risks such as currency fluctuation, political and economic change, social unrest, changes in government regulation, differences in accounting and the lesser degree of accurate public information available. Past performance is not indicative of future results. Investing in securities involves a risk of loss that you, as a client, should be prepared to bear. Item 9: Disciplinary Information A. Criminal or Civil Actions There are no criminal or civil actions to report. B. Administrative Proceedings There are no administrative proceedings to report. C. Self-regulatory Organization (SRO) Proceedings There are no self-regulatory organization proceedings to report. Item 10: Other Financial Industry Activities and Affiliations A. Registration as a Broker/Dealer or Broker/Dealer Representative Neither RJA nor its representatives are registered as, or have pending applications to become, a broker/dealer or a representative of a broker/dealer. 7  B. Registration as a Futures Commission Merchant, Commodity Pool Operator, or a Commodity Trading Advisor Neither RJA nor its representatives are registered as or have pending applications to become either a Futures Commission Merchant, Commodity Pool Operator, or Commodity Trading Advisor or an associated person of the foregoing entities. C. Registration Relationships Material to this Advisory Business and Possible Conflicts of Interests Patrick Ross is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Corey Ross is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Matthew Voigtlander is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Eric Marquardt is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. 8  D. Selection of Other Advisers or Managers and How This Adviser is Compensated for Those Selections RJA may utilize SEI Investments Management Corp to manage client accounts. In such circumstances, the advisory client will pay an advisory fee to RJA and a separate advisory fee to SEI. This situation creates a conflict of interest. However, when referring clients to other investment advisers, the client’s best interest and suitability of SEI will be the main determining factors of RJA. This relationship is disclosed to the client at the commencement of the advisory relationship and the client will execute separate advisory agreements with RJA and SEI. Clients are not obligated, contractually or otherwise, to use the services of SEI. Additionally, RJA will only recommend another investment adviser who is properly licensed or registered as an investment adviser. Item 11: Code of Ethics, Participation or Interest in Client Transactions and Personal Trading A. Code of Ethics As a fiduciary, our firm and its associates have a duty of utmost good faith to act solely in the best interests of each client. Our clients entrust us with their funds and personal information, which in turn places a high standard on our conduct and integrity. Our fiduciary duty is a core aspect of our Code of Ethics and represents the expected basis of all our dealings. We periodically review and amend our Code of Ethics to ensure that it remains current, and we require all firm access persons to attest to their understanding of and adherence to the Code of Ethics at least annually. Our firm will provide of copy of its Code of Ethics to any client or prospective client upon request. B. Recommendations Involving Material Financial Interests RJA does not recommend that clients buy or sell any security in which a related person to RJA or RJA has a material financial interest. C. Investing Personal Money in the Same Securities as Clients From time to time, representatives of RJA may buy or sell securities for themselves that they also recommend to clients. The CCO will always document any transactions that could be construed as conflicts of interest and RJA will always transact client business before its own when similar securities are being bought or sold. 9  D. Trading Securities At/Around the Same Time as Clients’ Securities From time to time, representatives of RJA may buy or sell securities for themselves that they also recommend to clients. The CCO will always document any transactions that could be construed as conflicts of interest and RJA will always transact client business before its own when similar securities are being bought or sold. Item 12: Brokerage Practices A. Factors Used to Select Custodians and/or Broker/Dealers RJA does not have any affiliation with Broker-Dealers. Specific custodian recommendations are made to clients based on their need for such services. We recommend custodians based on the reputation and services provided by the firm. 1. Research and Other Soft-Dollar Benefits While RJA has no formal soft dollar program in which soft dollars are used to pay for third party services, RJA may receive research, products, or other services from custodians in connection with client securities transactions (“soft dollar benefits”). RJA may enter into soft-dollar arrangements consistent with (and not outside of) the safe harbor contained in Section 28(e) of the Securities Exchange Act of 1934, as amended. There can be no assurance that any particular client will benefit from soft dollar research, whether or not the client’s transactions paid for it, and RJA does not seek to allocate benefits to client accounts proportionate to any soft dollar credits generated by the accounts. RJA benefits by not having to produce or pay for the research, products or services, and RJA will have an incentive to recommend a custodian based on receiving research or services. 2. Brokerage for Client Referrals RJA receives no referrals from a third party in exchange for using that third party. 3. Clients Directing Which Broker/Dealer/Custodian to Use RJA will require clients to use a specific custodian to execute transactions. Not all advisers require clients to use a particular custodian. B. Aggregating (Block) Trading for Multiple Client Accounts RJA does not aggregate or bunch the securities to be purchased or sold for multiple clients. 10  Item 13: Review of Accounts A. Frequency and Nature of Periodic Reviews and Who Makes Those Reviews All client accounts for RJA's advisory services provided on an ongoing basis are reviewed at least Annually by Patrick Ross, Owner & CCO with regard to clients’ respective investment policies and risk tolerance levels. All accounts at RJA are assigned to this reviewer. B. Factors That Will Trigger a Non-Periodic Review of Client Accounts Reviews may be triggered by material market, economic or political events, or by changes in client's financial situations (such as retirement, termination of employment, physical move, or inheritance). C. Content and Frequency of Regular Reports Provided to Clients Each client of RJA's advisory services provided on an ongoing basis will receive at a minimum a quarterly report detailing the client’s account, including assets held, asset value, and calculation of fees. This written report will come from the custodian. Item 14: Client Referrals and Other Compensation A. Economic Benefits Provided by Third Parties for Advice Rendered to Clients (Includes Sales Awards or Other Prizes) RJA does not receive any economic benefit, directly or indirectly from any third party for advice rendered to RJA's clients. RJA receives paid trips for conferences with vendors to learn about industry and vendor specific changes and learning opportunities. B. Compensation to Non – Advisory Personnel for Client Referrals RJA does not directly or indirectly compensate any person who is not advisory personnel for client referrals. 11  Item 15: Custody When advisory fees are deducted directly from client accounts at client's custodian, RJA will be deemed to have limited custody of client's assets and must have written authorization from the client to do so. Clients will receive all account statements from the custodian and they should carefully review those statements for accuracy. Item 16: Investment Discretion RJA provides discretionary and non-discretionary investment advisory services to clients. The advisory contract established with each client sets forth the discretionary authority for trading. Where investment discretion has been granted, RJA generally manages the client’s account and makes investment decisions without consultation with the client as to when the securities are to be bought or sold for the account, the total amount of the securities to be bought/sold, what securities to buy or sell, or the price per share. In some instances, RJA’s discretionary authority in making these determinations may be limited by conditions imposed by a client (in investment guidelines or objectives, or client instructions otherwise provided to RJA. Item 17: Voting Client Securities (Proxy Voting) RJA will not ask for, nor accept voting authority for client securities. Clients will receive proxies directly from the issuer of the security or the custodian. Clients should direct all proxy questions to the issuer of the security. Item 18: Financial Information A. Balance Sheet RJA neither requires nor solicits prepayment of more than $500 in fees per client, six months or more in advance, and therefore is not required to include a balance sheet with this brochure. B. Financial Conditions Reasonably Likely to Impair Ability to Meet Contractual Commitments to Clients Neither RJA nor its management has any financial condition that is likely to reasonably impair RJA’s ability to meet contractual commitments to clients. C. Bankruptcy Petitions in Previous Ten Years RJA has not been the subject of a bankruptcy petition in the last ten years. 12  Brochure Supplements – Form ADV Part 2B ROSS\JOHNSON & ASSOCIATES, LLC 763-560-2127 www.rossjohnsonweb.com Form ADV Part 2B – Brochure Supplement for Patrick T. Ross Investment Adviser Representative and Chief Compliance Officer This brochure supplement provides information about Patrick Terrence Ross that supplements the ROSS\JOHNSON & Associates, LLC brochure. You should have received a copy of that brochure. Please contact Patrick Ross if you have not received ROSS\JOHNSON & Associates, LLC’s brochure or if you have any questions about the contents of this supplement. Additional information about Patrick Terrance Ross is also available on the SEC’s website at www.adviserinfo.sec.gov which can be found using his CRD number: 2387120 Version Date: 4/16/2025 13  Item 2: Educational Background & Business Experience Patrick Terrence Ross Born: 1968 CRD: 2387120 Business Experience:  01/2025 – Present  08/2022 – Present  08/2018 - Present  08/2018 – Present  05/1999 – 07/2018  05/1999 – Present  6/1997 – Present  1993 – 5/1999 CCO, ROSS\JOHNSON & Associates LLC Financial Services Professional, MassMutual IAR\Owner, ROSS\JOHNSON & Associates RIA Field Representative, Penn Mutual Registered Representative, Park Avenue Securities Field Representative Guardian Owner, ROSS\JOHNSON & Associates, LLC Financial Representative, Northwestern Mutual Item 3: Disciplinary Information There are no legal, criminal or civil actions, administrative proceedings, or self-regulatory organization proceedings to report. Item 4: Other Business Activities Patrick Ross is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Patrick Ross is a beneficial owner at Estate of Charles M Ross. He is a 25% beneficial owner of land inherited from his father, Charles M Ross’s estate. He devotes 1 hour per month to business during trading hours and 1 hour per month to business outside trading hours. He receives no compensation during yearly business. Patrick Ross is an owner of a Rental Cabin, entailing responsibilities solely related to its ownership and management. The business is not investment related. The owner dedicates one hour per month outside of trading hours to the cabin's operations, with no involvement during trading hours. Although the business contributes to no part of the individual's compensation, it remains an active venture under their ownership. 14  Item 5: Additional Compensation Patrick Ross does not receive any economic benefit from any person, company, or organization, other than RJA in exchange for providing clients advisory services through RJA. Item 6: Supervision Patrick Ross, as Owner and Chief Compliance Officer of RJA, is responsible for supervision. He may be contacted at the phone number on this brochure supplement. 15  ROSS\JOHNSON & ASSOCIATES, LLC 763-560-2127 www.rossjohnsonweb.com Form ADV Part 2B – Brochure Supplement for Corey T. Ross Investment Adviser Representative This brochure supplement provides information about Corey Timothy Ross that supplements the ROSS\JOHNSON & Associates, LLC brochure. You should have received a copy of that brochure. Please contact Patrick Ross if you have not received ROSS\JOHNSON & Associates, LLC’s brochure or if you have any questions about the contents of this supplement. Additional information about Corey Timothy Ross is also available on the SEC’s website at www.adviserinfo.sec.gov which can be found using his CRD number: 7129742 Version Date: 4/16/2025 16  Item 2: Educational Background & Business Experience Corey Timothy Ross Born: 1996 CRD: 2387120 Educational Background:  2018 – B.A. Economics & B.A. Political Science, St. John’s University (Minnesota) Business Experience:  05/2019 – Present  05/2018 – Present Investment Advisor Representative, ROSS\JOHNSON & Associates LLC Case Manager, ROSS\JOHNSON & Associates LLC Item 3: Disciplinary Information There are no legal, criminal or civil actions, administrative proceedings, or self-regulatory organization proceedings to report. Item 4: Other Business Activities Corey Ross is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Item 5: Additional Compensation Corey Ross does not receive any economic benefit from any person, company, or organization, other than RJA in exchange for providing clients advisory services through RJA. Item 6: Supervision Patrick Ross, as Owner and Chief Compliance Officer of RJA, is responsible for supervision. He may be contacted at the phone number on this brochure supplement. 17  ROSS\JOHNSON & ASSOCIATES, LLC 763-560-2127 www.rossjohnsonweb.com Form ADV Part 2B – Brochure Supplement for Matthew G. Voigtlander Investment Adviser Representative This brochure supplement provides information about Matthew Gary Voigtlander that supplements the ROSS\JOHNSON & Associates, LLC brochure. You should have received a copy of that brochure. Please contact Patrick Ross if you have not received ROSS\JOHNSON & Associates, LLC’s brochure or if you have any questions about the contents of this supplement. Additional information about Matthew Gary Voigtlander is also available on the SEC’s website at www.adviserinfo.sec.gov which can be found using his CRD number: 6850428 Version Date: 4/16/2025 18  Item 2: Educational Background & Business Experience Matthew Gary Voigtlander Born: 1988 CRD: 6850428 Educational Background:  2012 – B.S. Education, North Dakota State University Business Experience:  05/2019 – Present  08/2017 – Present  06/2015 – 08/2017  08/2013 – 05/2015  06/2012 – 05/2013 Investment Advisor Representative, ROSS\JOHNSON & Associates LLC Case Manager, ROSS\JOHNSON & Associates LLC Sales, Steve’s Appliances Teacher, West Fargo Public Schools Substitute Teacher, Fargo Public Schools Item 3: Disciplinary Information There are no legal, criminal or civil actions, administrative proceedings, or self-regulatory organization proceedings to report. Item 4: Other Business Activities Matthew Voigtlander is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Item 5: Additional Compensation Matthew Voigtlander does not receive any economic benefit from any person, company, or organization, other than RJA in exchange for providing clients advisory services through RJA. Item 6: Supervision Patrick Ross, as Owner and Chief Compliance Officer of RJA, is responsible for supervision. He may be contacted at the phone number on this brochure supplement. 19  ROSS\JOHNSON & ASSOCIATES, LLC 763-560-2127 www.rossjohnsonweb.com Form ADV Part 2B – Brochure Supplement for Eric W. Marquardt Investment Adviser Representative This brochure supplement provides information about Eric William Marquardt that supplements the ROSS\JOHNSON & Associates, LLC brochure. You should have received a copy of that brochure. Please contact Patrick Ross if you have not received ROSS\JOHNSON & Associates, LLC’s brochure or if you have any questions about the contents of this supplement. Additional information about Eric William Marquardt is also available on the SEC’s website at www.adviserinfo.sec.gov which can be found using his CRD number: 4184598 Version Date: 4/16/2025 20  Item 2: Educational Background & Business Experience Eric William Marquardt Born: 1963 CRD: 4184598 Educational Background:  1988 – B.S. Business, Minnesota State University, Mankato Business Experience:  09/2020 – Present  08/2022 – Present  07/2019 - Present  04/1998 – 06/2019 Investment Advisor Representative, ROSS\JOHNSON & Associates LLC Financial Services Professional, MassMutual Field Representative, Penn Mutual Insurance Agent, Farmers Insurance Item 3: Disciplinary Information There are no legal, criminal or civil actions, administrative proceedings, or self-regulatory organization proceedings to report. Item 4: Other Business Activities Eric Marquardt is a licensed insurance agent. From time to time, he will offer clients advice or products from this activity. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. RJA always acts in the best interest of the client, including in the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of RJA in their capacity as a licensed insurance agent. Item 5: Additional Compensation Eric Marquardt does not receive any economic benefit from any person, company, or organization, other than RJA in exchange for providing clients advisory services through RJA. Item 6: Supervision Patrick Ross, as Owner and Chief Compliance Officer of RJA, is responsible for supervision. He may be contacted at the phone number on this brochure supplement. 21  Privacy Notice RJA recognizes the importance of protecting our clients’ privacy. We have policies to maintain the confidentiality and security of your nonpublic personal information. The following is designed to help you understand what information we collect from you and how we use that information to serve your account. Categories of Information We May Collect In the normal course of business, we may collect the following types of information:  Information you provide in the subscription documents and other forms (including name, address, social security number, date of birth, income and other financial-related information); and  Data about your transactions with us (such as the types of investments you have made and your account status). How We Use Your Information That We Collect Any and all nonpublic personal information that we receive with respect to our clients who are natural persons is not shared with nonaffiliated third parties which are not service providers to us without prior notice to, and consent of, such clients, unless otherwise required by law. In the normal course of business, we may disclose the kinds of nonpublic personal information listed above to nonaffiliated third-party service providers involved in servicing and administering products and services on our behalf. Our service providers include, but are not limited to, our administrator, our auditors and our legal advisor. Additionally, we may disclose such nonpublic personal information as required by law (such as to respond to a subpoena) or to satisfy a request from a regulator and/or to prevent fraud. Without limiting the foregoing, we may disclose nonpublic personal information about you to governmental entities and others in connection with meeting our obligations to prevent money laundering including, without limitation, the disclosure that may be required by the Uniting and Strengthening America Act by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001 and the regulations promulgated thereunder. In addition, if we choose to dispose of our clients’ nonpublic personal information that we are not legally bound to maintain, we will do so in a manner that reasonably protects such information from unauthorized access. The same privacy policy also applies to former clients who are natural persons. Confidentiality and Security We restrict access to nonpublic personal information about our clients to those employees and agents who need to know that information to provide products and services to our clients. We maintain physical, electronic and procedural safeguards to protect our clients’ nonpublic personal information. We respect and value that you have entrusted us with your private financial information, and we will work diligently to maintain that trust. We are committed to preserving that trust by respecting your privacy as provided herein. 22