THE SHER WEALTH MANAGEMENT GROUP

Firm Brochure ADV Part 2A Item 1 Cover Page The Sher Wealth Management Group, Inc. DBA: The Sher Wealth Management Group 75 Second Ave., Suite 605| Needham, MA 02494 (617) 928 – 3656 – phone (617) 928 – 3657 – fax www.sherwealth.com January 2026 NOTICE TO PROSPECTIVE CLIENTS: READ THIS DISCLOSURE BROCHURE IN ITS ENTIRETY All the material within this Disclosure Brochure must be reviewed by those who are considering becoming a client of our firm. This Disclosure Brochure provides information about the qualifications and business practices of The Sher Wealth Management Group, Inc. (“Sher Wealth”). If you have any questions about the contents of this Disclosure Brochure, please contact us at (617) 928 - 3656. Our e-mail address is phil@sherwealth.com. In accordance with federal and state regulations, this Disclosure Brochure is on file with the appropriate securities regulatory authorities as required. The information provided in this Disclosure Brochure is not to be construed as an endorsement or recommendation by any state securities authorities in any jurisdiction within the United States, or by the United States Securities and Exchange Commission. The information in this Disclosure Brochure has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. Sher Wealth is an SEC registered investment adviser. Registration of a registered investment adviser does not imply any level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Additional information about The Sher Wealth Management Group, Inc. also is available on the SEC’s Web Site at www.adviserinfo.sec.gov. Page 1 of 12  Firm Brochure ADV Part 2A Item 2 – Material Changes Since the last filing, the following material changes have been made: • Updates pursuant to the required Annual Updating Amendment Item 3 – Table of Contents Item 1 – Cover Page ………………………………………………………………………………………………..…1 Item 2 – Material Changes …………………………………………………………………………………………... 2 Item 3 – Table of Contents …………………………………………………………………………………….…….. 2 Item 4 – Advisory Business …………………………………………………………………………………………. 3 Item 5 – Fee and Compensation …………………………………………………………………………………….. 5 Item 6 – Performance-Based Fees and Side-by-Side Management ………………………………………………… 7 Item 7 – Types of Clients …………………………………………………………………………………………… 7 Item 8 – Method of Analysis, Investment Strategies and Risk of Loss …………………………………………….. 7 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 ……………………………………………………………………………………... 12 Item 14 – Client Referrals and Other Compensation ………………………………………………………………. 12 Item 15 – Custody ………………………………………………………………………………………………….. 12 Item 16 – Investment Discretion …………………………………………………………………………………… 12 Item 17 – Voting Client Securities …………………………………………………………………………………. 12 Item 18 – Financial Information ……………………………………………………………………………………. 12 Page 2 of 12  Firm Brochure ADV Part 2A Item 4 – Advisory Business The Sher Wealth Management Group, Inc. (“Sher Wealth”) is a SEC registered investment adviser. The firm’s founder, Managing Director and sole owner, Philip J. Sher, organized the firm as a legal entity in January of 1999, which served as the “doing-business as” name for investment services that Mr. Sher provided as a registered representative and investment advisor representative of LPL Financial LLC (“LPL”). In 2014, Mr. Sher registered Sher Wealth as an independent investment adviser. Mr. Sher remains a registered representative of the LPL. Philip J. Sher is a CERTIFIED FINANCIAL PLANNER™ (CFP®) Professional and Certified Retirement Counselor® (CRC®) with over 30 years of experience in the financial services industry. Since 1998, he has worked exclusively in the comprehensive wealth management and retirement planning arenas. As the founder and Managing Director of Sher Wealth, an independent investment advisory firm based in the greater Boston area, Mr. Sher’s vision is to provide exceptional service, financial security and financial independence to his clients. His wide-ranging specialties include individual financial and retirement planning, cash flow analysis, asset allocation, tax review, and estate planning. Raised in Worcester, Massachusetts, Mr. Sher is a 1980 graduate of Bentley University in Waltham, Massachusetts. He also holds a Certificate of Special Studies in Administration and Management from Harvard University – University Extension. Sher Wealth provides fee-based investment advisory services primarily to individual retail clients. • Sher Wealth is compensated based on a percentage of assets under management. • The individuals associated with Sher Wealth are appropriately licensed and authorized to provide advisory services on behalf of Sher Wealth. Investment adviser representatives of Sher Wealth are restricted to providing services and charging fees in accordance with the descriptions detailed in this Disclosure Brochure and the account agreement. However, the exact service and fees charged to a particular client are dependent in part upon the investment adviser representative who is working with the client. Investment adviser representatives are instructed to consider the individual needs of each client when recommending an advisory account or program. Investment strategies and recommendations are tailored to the individual needs of each client. Clients may impose restrictions on investing in certain securities. Investment adviser representatives of Sher Wealth are also registered representatives of LPL, an SEC registered broker/dealer, a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investors Protection Corporation (“SIPC”). Any securities transactions shall be directed to LPL for execution. Sher Wealth and LPL are not affiliated entities. As of the date of this brochure, Sher Wealth has regulatory assets under management as follows: • $145,615,428 on a discretionary basis • $0 on a non-discretionary basis Page 3 of 12  Firm Brochure ADV Part 2A Asset Management Sher Wealth offers several investment advisory asset management options to clients. Through the Strategic Wealth Management (“SWM”) account, Sher Wealth provides ongoing investment advice and asset management in a client’s SWM account maintained at LPL (as the qualified custodian). In addition, Sher Wealth offers asset management programs available through LPL, an SEC-registered investment adviser. These advisory programs, which include the Optimum Market Portfolios program, the Personal Wealth Portfolios program, and the Model Wealth Portfolios program. All are described in more detail below. Strategic Wealth Management Account (SWM) Sher Wealth provides ongoing investment advice and management of assets in the client’s Strategic Wealth Management (SWM) account. LPL is the qualified custodian of all SWM accounts. “Strategic Wealth Management” is the name of the custodial account offered through LPL to support investment advisory services provided by Sher Wealth to clients. Additional information about SWM accounts and acknowledgements are further detailed in the SWM account application. Sher Wealth provides advice on the purchase and sale of various types of investments, such as mutual funds, exchange-traded funds (“ETFs”), variable annuity subaccounts, real estate investment trusts (“REITs”), equities, and fixed income securities. The advice is tailored to the individual needs of the client based upon the investment objective chosen by the client. SWM accounts are reviewed on a regular basis and rebalanced as necessary according to each client’s investment profile. Sher Wealth offers asset management advisory services on a discretionary basis. Optimum Market Portfolios Program (OMP) OMP offers advisory clients the ability to participate in a professionally managed asset allocation program using Optimum Funds Class I shares. Under OMP, the client will authorize LPL, an SEC-registered investment advisor, to purchase and sell Optimum Funds on a discretionary basis pursuant to investment objectives chosen by the client. Sher Wealth will assist the client in determining the suitability of OMP and in setting an appropriate investment objective. Sher Wealth will have discretion to select a mutual fund asset allocation portfolio designed by LPL consistent with the client’s investment objective. LPL will have discretion to purchase and sell Optimum Funds pursuant to the portfolio selected for the client. LPL also will have discretionary authority to rebalance the account. Personal Wealth Portfolios Program (PWP) PWP offers advisory clients an asset management account using asset allocation model portfolios designed by LPL. Sher Wealth will have discretion for selecting the asset allocation model portfolio based upon the client’s investment objective. Sher Wealth also will have discretion for selecting third party money managers (PWP Advisers) or mutual funds and ETFs within each Page 4 of 12  Firm Brochure ADV Part 2A asset class of the model portfolio. LPL will act as the overlay portfolio manager on all PWP accounts and will be authorized to purchase and sell on a discretionary basis mutual funds and equity and fixed income securities. Model Wealth Portfolios Program (MWP) MWP offers advisory clients a professionally managed mutual fund and/or exchange traded fund (“ETF”) asset allocation program. Sher Wealth will obtain the necessary financial data from the client, assist the client in determining the suitability of the MWP program and assist the client in setting an appropriate investment objective. Sher Wealth also will initiate the steps necessary to open an MWP account and have discretion to select a model portfolio designed by LPL consistent with the client’s stated investment objective. LPL is responsible for selecting the mutual funds and ETF’s within a model portfolio and for making changes to the mutual funds and/or ETF’s selected. The client will authorize LPL to act on a discretionary basis to purchase and sell mutual funds and ETF’s and to liquidate previously purchased securities. The client also will authorize LPL to effect rebalancing for MWP accounts. The MWP program makes available model portfolios designed by strategists other than LPL. Sher Wealth will have discretion to choose among the available models designed by LPL and outside strategists. Item 5 – Fees and Compensation The account fee charged to the client for each advisory program is negotiable, subject to the following maximum account fees: Maximum Annual Fee Advisory Program All Programs (e.g. SWM, OMP, PWP, MWP) 1.25% Account fees are payable quarterly in advance. The specific manner in which fees are charged by Sher Wealth is established in a client’s written agreement between the client and Sher Wealth. Sher Wealth’s annual investment advisory fee shall be based upon a percentage (%) of the market value of assets, including cash holdings, placed under the firm’s management. LPL serves as program sponsor, investment adviser and broker-dealer for the OMP, PWP, and MWP advisory programs. Sher Wealth and LPL share in the account fee and other fees associated with these advisory program accounts as detailed in the account opening documents for each advisory program account. Sher Wealth receives compensation as a result of a client’s participation in an advisory program sponsored by LPL. Depending upon, among other things, the size of the account, changes in its value over time, the ability to negotiate fees or commissions, and the number of transactions, the amount of this compensation may be more or less than what Sher Wealth would receive if the client participated in other programs, whether through LPL or another sponsor, or paid separately for investment advice, brokerage and other services. Page 5 of 12  Firm Brochure ADV Part 2A In addition to the account fee that you pay Sher Wealth for services, client will pay certain transaction charges for trade execution. These transaction charges are paid to LPL and are set out in the LPL brokerage account application. Sher Wealth does not receive any portion of the transaction charges. In certain circumstances, client will also incur certain charges imposed by third parties other than Sher Wealth in connection with investments made through the account depending upon the type of investments made and type of account. Sher Wealth does not receive any portion of these fees. These charges include, but are not limited to, the following: • Mutual funds – mutual fund 12b-1 fees, mutual fund management fees and administrative expenses, mutual fund transaction fees and redemption charges and deferred sales charges on previously purchased mutual funds transferred into the account • ETFs – fund management fees and expenses • Certain retirement accounts – IRA and qualified retirement plan fees • Certain trust accounts – administrative servicing fees for trust accounts • Sweep money market funds and cash balances – 12b-1 fees and other fees based on average daily deposit balances • Other charges required by law and imposed by the executing broker/dealer or custodian If client is currently invested in an employer-sponsored retirement plan or individual retirement account and is considering a rollover into an account to be managed by Sher Wealth, client should be aware that Sher Wealth does not make any recommendations with respect to client’s rollover decision. Client is solely responsible for considering all relevant services, fees, and conflicts of interest applicable to the management provided by Sher Wealth. Client typically has four available options when considering a rollover (and may engage in a combination of these options (i) remain invested in the current retirement plan or account (if available), (ii) transfer assets to a new employer-sponsored retirement plan (if available), (iii) transfer assets to an IRA with a financial institution, or (iv) withdraw assets directly which would be subject to federal and applicable state and local taxes and possibly subject to the IRS penalty of 10% depending upon the age of the client. When considering these options, Sher Wealth encourages the client to consider the advantages and disadvantages of each option, including any applicable fees and all features of each option. A decision to roll over retirement assets to an IRA to be managed by Sher Wealth should reflect consideration of various factors, the importance of which will depend on the client’s individual needs and circumstances. Client acknowledges that representatives of Sher Wealth may provide Client with various insurance and securities products upon which a commission may be paid to Sher Wealth’s representatives, and such commissions are separate and apart from the fees charged under this Agreement. A conflict exists because of the relationship. This conflict is mitigated by disclosures, procedures and Sher Wealth’s fiduciary obligation. The Client is under no obligation to act upon the investment advisor’s recommendations. If the Client elects to act on any of the recommendations, the Client is under no obligation to effect the transaction through Sher Wealth or its representatives. Page 6 of 12  Firm Brochure ADV Part 2A Sher Wealth generally does not receive more than 25% of its revenue from advisory clients as a result of commissions or other compensation for the sale of investment products the firm recommends to its clients. When Sher Wealth’s investment adviser representatives sell an investment product on a commission basis, Sher Wealth does not charge an advisory fee in addition to the commissions paid by the client for such product. When providing services on an advisory fee basis, Sher Wealth’s investment adviser representatives do not also receive commission compensation for such advisory services. However, a client may engage the firm to provide investment management services on an advisory fee basis and separate from such advisory service also purchase an investment product from Sher Wealth’s representatives on a separate commission basis. An advisory program account may be terminated according to the client agreement. If the client agreement provides for payment of the advisory fee in advance, the agreement will state how the client can obtain a refund of any pre-paid advisory fee if the agreement is terminated before the end of the billing period. In certain cases, LPL may serve as the broker/dealer on transactions in a customized advisory account. In such cases, LPL will charge the client transaction charges in connection with trade execution through LPL. The transaction charges will be clearly stated in the client agreement executed by the client at the time the relationship is established. In certain situations, Sher Wealth will pay the transaction charges on behalf of client. Client should understand that this represents a conflict of interest and the cost to Sher Wealth may be a factor that Sher Wealth considers when deciding which securities to select, how frequently to place transactions in client’s account, and the amount of the advisory fee to charge. Item 6 – Performance-Based Fees and Side-by-side Management Neither Sher Wealth nor any supervised person accepts performance-based fees, fees based on a share of capital gains on or capital appreciation of the assets of a client such as a hedge fund or other pooled investment vehicle. Item 7 – Types of Clients Sher Wealth generally provides advisory services to individuals, individual retirement accounts (“IRAs”) corporate entities, trusts, estates and pension and profit-sharing plans. For advisory asset management services, the account minimum is generally $250,000 or an aggregate amount across asset management platforms of $500,000 although exceptions may be made at the sole discretion of Sher Wealth. Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss Sher Wealth emphasizes continuous and regular account management. As part of our asset management service, we generally create a portfolio, consisting of individual stocks or bonds, exchange traded funds (“ETFs”), options, mutual funds and other public and private securities or investments. Page 7 of 12  Firm Brochure ADV Part 2A The client’s individual investment strategy is tailored to their specific needs and may include some or all of the previously mentioned securities. Each portfolio is designed to meet a particular investment goal, which Sher Wealth determines to be suitable to the client’s circumstances. Once the appropriate portfolio has been determined, Sher Wealth reviews the portfolio at least annually and if necessary, rebalances the portfolio based upon the client’s individual needs, stated goals and objectives. Each client has an opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Sher Wealth uses a combination of fundamental, valuation, and technical analysis in order to formulate investment advice when managing assets. Depending upon the analysis and the circumstances of a particular client, Sher Wealth will implement a long or short-term trading strategy consistent with the objectives and risk tolerance of a particular client. Investing in securities involves risk of loss that clients should be prepared to bear. There are different types of investments that involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy will be profitable or equal any specific performance level(s). Sher Wealth’s methods of analysis and investment strategies do not represent any significant or unusual risks; however, all strategies have inherent risks and performance limitations such as: Market Risk - the risk that the value of securities may go up or down, sometimes rapidly • or unpredictably, due to factors affecting securities markets generally or particular industries. • Interest Rate Risk - the risk that fixed income securities will decline in value because of an increase in interest rates; a bond or a fixed income fund with a longer duration will be more sensitive to changes in interest rates than a bond or bond fund with a shorter duration. Credit Risk - the risk that an investor could lose money if the issuer or guarantor of a fixed income security is unable or unwilling to meet its financial obligations. • Item 9 – Disciplinary Information Registered investment advisers are required to disclose all material facts regarding any legal or disciplinary events that would be material to your evaluation of an advisory firm or the integrity of a firm’s management. Any such disciplinary information for the company and the company’s investment advisor representatives would be provided herein and publicly accessible by selecting the Investment Advisor Search option at http://www.adviserinfo.sec.gov. There are no legal or disciplinary events to disclose. Item 10 – Other Financial Industry Activities and Affiliations Investment adviser representatives of Sher Wealth may be registered representatives of LPL Financial, LLC, an unaffiliated SEC registered investment adviser and FINRA/SIPC member broker/dealer. Clients may choose to engage an investment adviser representative of Sher Wealth Page 8 of 12  Firm Brochure ADV Part 2A in his or her capacity as a registered representative of LPL to implement investment recommendations on a commission basis. Investment adviser representatives of Sher Wealth also may be licensed as insurance agents/brokers and receive commissions for the sale of insurance products. As a result, a conflict of interest may arise as these insurance sales may create an incentive to recommend products based on the compensation adviser and/or our supervised persons may earn and may not necessarily be in the best interests of the client. Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading Sher Wealth maintains a Code of Ethics. The Code of Ethics establishes a standard of business conduct for all employees based upon fundamental principles of openness, integrity, honesty and trust. The Code of Ethics includes guidelines regarding personal securities transactions of Sher Wealth’s employees and investment adviser representatives. The Code of Ethics permits employees and investment adviser representatives to invest for their own personal accounts in the same securities that an investment adviser representative may purchase for clients in program accounts. This presents a conflict of interest because trading by an employee or investment adviser representatives in a personal securities account in the same security on or about the same time as trading by a client can disadvantage the client. Sher Wealth addresses this conflict of interest by requiring in its Code of Ethics that employees and investment adviser representatives report certain personal securities transactions and holdings to the Chief Compliance Officer for review. An investment adviser is considered a fiduciary. As a fiduciary, it is an investment adviser’s responsibility to provide fair and full disclosure of all material facts and to act solely in the best interest of each of our clients at all times. We have a fiduciary duty to all clients. Our fiduciary duty is considered the core underlying principle for our Code of Ethics which also includes Insider Trading and Personal Securities Transactions Policies and Procedures. We require all of our supervised persons to conduct business with the highest level of ethical standards and to comply with all federal and state securities laws at all times. Upon employment or affiliation with Sher Wealth and at least annually thereafter, all supervised persons will sign an acknowledgement that they have read, understand, and agree to comply with our Code of Ethics. Our firm and supervised persons must conduct business in an honest, ethical, and fair manner and avoid all circumstances that might negatively affect or appear to affect our duty of complete loyalty to all clients. This disclosure is provided to give all clients a summary of our Code of Ethics. However, if a client or a potential client wishes to review our Code of Ethics in its entirety, a copy will be provided promptly upon request. Sher Wealth and/or individuals associated with us may buy or sell for their personal accounts securities identical to or different from those recommended to our clients. In addition, any related persons may have an interest or position in a certain security which may also be recommended to a client. Page 9 of 12  Firm Brochure ADV Part 2A Sher Wealth’s policies prohibit any employee from purchasing or selling any security prior to a transaction being implemented for an advisory account, thereby preventing an employee from benefiting from transactions placed on behalf of advisory accounts. Item 12 – Brokerage Practices Sher Wealth requires clients to direct LPL as the sole and exclusive broker/dealer to execute transactions for SWM accounts. Because investment advisor representatives of Sher Wealth are licensed with LPL, this presents a conflict of interest. Clients should understand that not all advisors require clients to direct brokerage. By directing brokerage to LPL, client may be unable to achieve the most favorable execution of client transactions. Therefore, directed brokerage may cost the client more money. Sher Wealth receives support services and/or products from LPL, many of which assist Sher Wealth to better monitor and service advisory accounts maintained at LPL. Some of these services benefit only Sher Wealth, for example, services that assist us in growing our business. These support services and/or products may be received without cost, at a discount, and/or at a negotiated rate, and may include the following: investment-related research • • pricing information and market data • software and other technology that provide access to client account data facilitate trade execution, recordkeeping and client reporting • compliance and/or practice management-related publications • consulting services • attendance at conferences, meetings, and other educational and/or social events • marketing support • computer hardware and/or software • other products and services used by Sher Wealth in furtherance of its investment advisory business operations These products and support services are provided to Sher Wealth based upon the overall relationship between Sher Wealth and/or its investment adviser representatives and LPL. While we endeavor to act in the client’s best interest, the receipt of these benefits creates a conflict of interest because our requirement that client’s custody their assets at LPL is based in part on the benefit to Sher Wealth of the availability of the foregoing products and services and not solely on the nature, cost or quality of custody or brokerage services provided by LPL. Sher Wealth will continue to receive the services regardless of the volume of client transactions executed with LPL. There is no corresponding commitment made by Sher Wealth to LPL or any other entity to invest any specific amount or percentage of client assets in any specific securities as a result of the arrangement. Sher Wealth receives non-soft dollar services from LPL, which include custody of securities, trade execution, transaction clearing and settlement of transactions. LPL may make certain research and brokerage services available at no additional cost to Sher Wealth. These services may be directly from independent research companies, as selected by our firm (within specific parameters). Research products and services provided by LPL may include Page 10 of 12  Firm Brochure ADV Part 2A research reports on recommendations or other information about, particular companies or industries; economic surveys, data and analyses; financial publications; portfolio evaluation services; financial database software and services; computerized news and pricing services; quotation equipment for use in running software used in investment decision-making; and other products or services that provide lawful and appropriate assistance by LPL to our firm in the performance of our investment decision-making responsibilities. Although the non-soft dollar investment research products and services that may be obtained by Sher Wealth will generally be used to service all of our clients, a brokerage commission paid by a specific client may be used to pay for research that is not used in managing that specific client’s account. As a result of receiving such research services, Sher Wealth may have an incentive to continue to use or expand the use of services from LPL. Sher Wealth has examined this potential conflict of interest and we have determined that the relationship with LPL in the best interest of our clients and satisfies our fiduciary obligations, including our duty to seek best execution. LPL charges transaction charges for effecting certain securities transactions. LPL enables us to obtain many no-load mutual funds without transaction charges and other no-load funds at nominal transaction charges. The transaction charges charged by LPL may be higher or lower than those charged by other custodians and broker-dealers. For further information regarding transaction charges, refer to Item 5 of this brochure. In certain situations, Sher Wealth’s clients may pay a transaction charge to LPL that is higher than another qualified broker dealers might charge to effect the same transaction where we determine in good faith that the transaction charge is reasonable in relation to the value of the brokerage and research services received. In seeking best execution, the determinative factor is not the lowest possible cost, but whether the transaction represents the best qualitative execution, taking into consideration the full range of a broker-dealer’s services, including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive rates, to the benefit of all clients, we may not necessarily obtain the lowest possible commission rates for specific client account transactions. For further information regarding transaction charges, refer to Item 5 of this brochure. Neither Sher Wealth nor its employees have discretionary authority in making the determination of the brokers with whom orders for the purchase or sale of securities are placed for execution. Sher Wealth recommends the use of LPL and each client will be required to establish their account(s) with LPL. Item 13 – Review of Accounts For those clients to whom Sher Wealth provides investment supervisory services, account reviews are conducted on an ongoing basis by Sher Wealth’s principals and/or representatives. All investment supervisory clients are advised that it remains their responsibility to advise Sher Wealth of any changes in their investment objectives and/or financial situation. All clients (in person or via telephone) are encouraged to review investment objectives and account performance with their investment adviser representative on an annual basis. Sher Wealth will conduct account reviews other than annually based upon the occurrence of a triggering event, Page 11 of 12  Firm Brochure ADV Part 2A such as a change in client investment objectives and/or financial situation, market corrections and upon a client request. Clients are provided, at least quarterly, with written transaction confirmation notices and regular written summary account statements directly from the broker- dealer/custodian and/or program sponsor for the client accounts. Item 14 – Client Referrals and Other Compensation Sher Wealth and its employees may receive additional compensation from product sponsors. However, such compensation may not be tied to the sales of any products. Compensation may include such items as gifts valued at less than $100 annually, an occasional dinner or ticket to a sporting event, or reimbursement in connection with educational meetings with investment adviser representatives, client workshops or events, marketing events or advertising initiatives, including services for identifying prospective clients. Product sponsors may also pay for, or reimburse Sher Wealth for the costs associated with, education or training events that may be attended by Sher Wealth’s employees and/or conferences and events sponsored by Sher Wealth. Sher Wealth does not directly or indirectly compensate any third-persons for client referrals. Item 15 – Custody Sher Wealth does not have actual or constructive custody of client funds. LPL will serve as the custodian of client assets. Item 16 - Investment Discretion Sher Wealth manages client advisory assets on a discretionary basis. The client authorizes the use of investment discretion in writing at the time of the opening of the advisory account. In connection with the exercise of investment discretion, Sher Wealth has authority to buy, sell, or otherwise effect investment transactions involving the assets in the client’s name found in the discretionary account. Clients who grant investment discretion to Sher Wealth may impose restrictions on the use of discretion in writing. Such restriction may include limitations on the types and/or amounts of particular securities purchased for their accounts. Item 17 – Voting Client Securities Sher Wealth does not vote client proxies. However, third party money managers selected or recommended by Sher Wealth may vote proxies for clients. Clients will otherwise receive their proxies or other solicitations directly from the custodian. Clients may contact Sher Wealth at (617) 928-3656 to discuss any questions they may have with a particular proxy solicitation. Item 18 – Financial Information Sher Wealth does not require or solicit prepayment of more than $1,200 in fees per client, six months or more in advance. There are no financial conditions that are reasonably likely to impair Sher Wealth’s ability to meet contractual commitments to clients. At no time has Sher Wealth been the subject of a bankruptcy petition. Page 12 of 12