TIGEROAK MANAGEMENT, LLC

TigerOak Management, L.L.C. d/b/a HS Wealth Partners Form ADV Part 2A – Disclosure Brochure Effective: August 4, 2025 This Form ADV Part 2A (“Disclosure Brochure”) provides information about the qualifications and business practices of TigerOak Management, L.L.C. d/b/a HS Wealth Partners (“HS Wealth Partners” or the “Advisor”). If you have any questions about the content of this Disclosure Brochure, please contact the Advisor at 505-361-2223 and info@hswealthpartners.com. HS Wealth Partners is a registered investment advisor with the U.S. Securities and Exchange Commission. The information in this Disclosure Brochure has not been approved or verified by the U.S. Securities and Exchange Commission (“SEC”) or by any state securities authority. Registration of an investment advisor does not imply any specific level of skill or training. This Disclosure Brochure provides information about HS Wealth Partners to assist you in determining whether to retain the Advisor. Additional information about HS Wealth Partners and its Advisory Persons is available on the SEC’s website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD#330640. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 www.hswealthpartners.com  Item 2 – Material Changes Form ADV 2 is divided into two parts: Part 2A (the "Disclosure Brochure") and Part 2B (the "Brochure Supplement"). The Disclosure Brochure provides information about a variety of topics relating to an Advisor’s business practices and conflicts of interest. The Brochure Supplement provides information about the Advisory Persons of HS Wealth Partners. For convenience, the Advisor has combined these documents into a single disclosure document. HS Wealth Partners believes that communication and transparency are the foundation of its relationship with clients and will continually strive to provide you with complete and accurate information at all times. HS Wealth Partners encourages all current and prospective clients to read this Disclosure Brochure and discuss any questions you may have with the Advisor. Material Changes No material changes have been made to this Disclosure Brochure since the last filing and distribution on July 7, 2025. Future Changes From time to time, the Advisor may amend this Disclosure Brochure to reflect changes in business practices, changes in regulations or routine annual updates as required by the securities regulators. This complete Disclosure Brochure or a Summary of Material Changes shall be provided to you annually and if a material change occurs. At any time, you may view the current Disclosure Brochure on-line at the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD#330640. You may also request a copy of this Disclosure Brochure at any time by contacting the Advisor at 505-361-2223. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 2  Item 3 – Table of Contents Item 1 – Cover Page 1 Item 2 – Material Changes ..................................................................................................................................... 2 Item 3 – Table of Contents ..................................................................................................................................... 3 Item 4 – Advisory Services .................................................................................................................................... 4 A. Firm Information .............................................................................................................................................................. 4 B. Advisory Services Offered ............................................................................................................................................... 4 C. Client Account Management ........................................................................................................................................... 5 D. Wrap Fee Programs ........................................................................................................................................................ 5 E. Assets Under Management ............................................................................................................................................. 6 Item 5 – Fees and Compensation ......................................................................................................................... 6 A. Fees for Advisory Services.............................................................................................................................................. 6 B. Fee Billing........................................................................................................................................................................ 6 C. Other Fees and Expenses .............................................................................................................................................. 6 D. Advance Payment of Fees and Termination ................................................................................................................... 7 E. Compensation for Sales of Securities ............................................................................................................................. 7 Item 6 – Performance-Based Fees and Side-By-Side Management .................................................................. 7 Item 7 – Types of Clients ....................................................................................................................................... 7 Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss ........................................................... 7 A. Methods of Analysis ........................................................................................................................................................ 7 B. Risk of Loss ..................................................................................................................................................................... 8 Item 9 – Disciplinary Information .......................................................................................................................... 9 Item 10 – Other Financial Industry Activities and Affiliations ............................................................................ 9 Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading ................. 9 A. Code of Ethics ................................................................................................................................................................. 9 B. Personal Trading with Material Interest ........................................................................................................................... 9 C. Personal Trading in Same Securities as Clients ............................................................................................................. 9 D. Personal Trading at Same Time as Client .................................................................................................................... 10 Item 12 – Brokerage Practices ............................................................................................................................ 10 A. Recommendation of Custodian[s] ................................................................................................................................. 10 B. Aggregating and Allocating Trades ............................................................................................................................... 11 Item 13 – Review of Accounts ............................................................................................................................. 11 A. Frequency of Reviews ................................................................................................................................................... 11 B. Causes for Reviews ...................................................................................................................................................... 11 C. Review Reports ............................................................................................................................................................. 11 Item 14 – Client Referrals and Other Compensation ........................................................................................ 11 A. Compensation Received by HS Wealth Partners ......................................................................................................... 11 B. Compensation for Client Referrals ................................................................................................................................ 12 Item 15 – Custody ................................................................................................................................................. 12 Item 16 – Investment Discretion ......................................................................................................................... 12 Item 17 – Voting Client Securities ....................................................................................................................... 12 Item 18 – Financial Information ........................................................................................................................... 12 Form ADV Part 2A – Appendix 1 ......................................................................................................................... 14 Form ADV Part 2B – Brochure Supplement ....................................................................................................... 21 Form ADV Part 2B – Brochure Supplement ....................................................................................................... 24 Form ADV Part 2B – Brochure Supplement ....................................................................................................... 27 Privacy Policy ....................................................................................................................................................... 31 TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 3  Item 4 – Advisory Services A. Firm Information TigerOak Management, L.L.C. d/b/a HS Wealth Partners (“HS Wealth Partners” or the “Advisor”) is a registered investment advisor with the U.S. Securities and Exchange Commission. The Advisor is organized as a Limited Liability Company (LLC) under the laws of the State of New Mexico. HS Wealth Partners was founded in November 2017 and is owned and operated by Pete D. Henderson (“Partner”) and Anthony D. Steffan (“Partner”). This Disclosure Brochure provides information regarding the qualifications, business practices, and the advisory services provided by HS Wealth Partners. B. Advisory Services Offered HS Wealth Partners offers investment advisory services to individuals, high net worth individuals, trusts and estates (each referred to as a “Client”). The Advisor serves as a fiduciary to Clients, as defined under the applicable laws and regulations. As a fiduciary, the Advisor upholds a duty of loyalty, fairness and good faith towards each Client and seeks to mitigate potential conflicts of interest. HS Wealth Partners' fiduciary commitment is further described in the Advisor’s Code of Ethics. For more information regarding the Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading. Wealth Management Services HS Wealth Partners provides customized investment advisory solutions for its Clients. This is achieved through continuous personal Client contact and interaction while providing discretionary investment management and a broad range of comprehensive financial planning. These services are described below. Investment Management Services – HS Wealth provides customized investment management services. This is achieved through continuous personal Client contact and interaction while providing discretionary investment management services. HS Wealth Partners works closely with each Client to identify their investment goals and objectives as well as risk tolerance and financial situation in order to create a portfolio strategy. HS Wealth Partners will then construct an investment portfolio consisting of exchange-traded funds (“ETFs”), individual stocks, and bonds to achieve the Client’s investment goals. The Advisor may retain other types of investments from a Client’s legacy portfolio based on portfolio fit and/or tax considerations. HS Wealth Partners’ investment strategies are primarily long-term focused, but the Advisor may buy, sell or re- allocate positions that have been held for less than one year to meet the objectives of the Client or due to market conditions. HS Wealth Partners will construct, implement and monitor the portfolio to ensure it meets the goals, objectives, circumstances, and risk tolerance agreed to by the Client. Each Client will have the opportunity to place reasonable restrictions on the types of investments to be held in their respective portfolio, subject to acceptance by the Advisor. HS Wealth Partners evaluates and selects investments for inclusion in Client portfolios only after applying its internal due diligence process. HS Wealth Partners may recommend, on occasion, redistributing investment allocations to diversify the portfolio. HS Wealth Partners may recommend specific positions to increase sector or asset class weightings. The Advisor may recommend employing cash positions as a possible hedge against market movement. HS Wealth Partners may recommend selling positions for reasons that include, but are not limited to, harvesting capital gains or losses, business or sector risk exposure to a specific security or class of securities, overvaluation or overweighting of the position[s] in the portfolio, change in risk tolerance of the Client, generating cash to meet Client needs, or any risk deemed unacceptable for the Client’s risk tolerance. At no time will HS Wealth Partners accept or maintain custody of a Client’s funds or securities, except for the limited authority as outlined in Item 15 – Custody. All Client assets will be managed within the designated account[s] at the Custodian, pursuant to the terms of the advisory agreement. Please see Item 12 – Brokerage Practices. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 4  Retirement Accounts – When the Advisor provides investment advice to Clients regarding ERISA retirement accounts or individual retirement accounts (“IRAs”), the Advisor is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws governing retirement accounts. When deemed to be in the Client’s best interest, the Advisor will provide investment advice to a Client regarding a distribution from an ERISA retirement account or to roll over the assets to an IRA, or recommend a similar transaction including rollovers from one ERISA sponsored Plan to another, one IRA to another IRA, or from one type of account to another account (e.g., commission-based account to fee-based account). Such a recommendation creates a conflict of interest if the Advisor will earn a new (or increase its current) advisory fee as a result of the transaction. No client is under any obligation to roll over a retirement account to an account managed by the Advisor. Financial Planning Services – HS Wealth Partners will provide a variety of financial planning services to Clients as part of its overall wealth management services. Services are offered in several areas of a Client’s financial situation, depending on their goals and objectives. Generally, such financial planning services involve preparing a formal financial plan or rendering a specific financial consultation based on the Client’s financial goals and objectives. This planning or consulting may encompass one or more areas of need, including but not limited to, investment planning, retirement planning, personal savings, education savings, insurance needs, and other areas of a Client’s financial situation. A financial plan developed for, or financial consultation rendered to the Client will usually include general recommendations for a course of activity or specific actions to be taken by the Client. For example, recommendations may be made that the Client start or revise their investment programs, commence or alter retirement savings, establish education savings and/or charitable giving programs. The Advisor may also refer Clients to an accountant, attorney or other specialists, as appropriate for their unique situation. Financial planning and consulting recommendations pose a conflict between the interests of the Advisor and the interests of the Client. For example, the Advisor has an incentive to recommend that Clients engage the Advisor for investment management services or to increase the level of investment assets with the Advisor, as it would increase the amount of advisory fees paid to the Advisor. Clients are not obligated to implement any recommendations made by the Advisor or maintain an ongoing relationship with the Advisor. If the Client elects to act on any of the recommendations made by the Advisor, the Client is under no obligation to implement the transaction through the Advisor. C. Client Account Management Prior to engaging HS Wealth Partners to provide investment advisory services, each Client is required to enter into an agreement with the Advisor that define the terms, conditions, authority and responsibilities of the Advisor and the Client. These services may include: ● Establishing an Investment Strategy – HS Wealth Partners, in connection with the Client, will develop a strategy that seeks to achieve the Client’s goals and objectives. ● Asset Allocation – HS Wealth Partners will develop a strategic asset allocation that is targeted to meet the investment objectives, time horizon, financial situation and tolerance for risk for each Client. ● Portfolio Construction – HS Wealth Partners will develop a portfolio for the Client that is intended to meet the stated goals and objectives of the Client. ● Investment Management and Supervision – HS Wealth Partners will provide investment management and ongoing oversight of the Client’s investment portfolio. D. Wrap Fee Programs HS Wealth Partners includes, in addition to custodial costs, securities transaction fees, administrative fees, wire fees, trade away transactions, other fees and expenses (herein “Covered Costs) together with its wealth management fees. Including these fees into a single asset-based fee is considered a “Wrap Fee Program.” The Advisor customizes its investment management services for its Clients. The Advisor sponsors the HS Wealth Partners Wrap Fee Program TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 5  solely as a supplemental disclosure regarding the combination of fees. Depending on the level of trading required for the Client’s account[s] in a particular year, the Client may pay more or less in total fees than if the Client paid its own transaction fees. Please see Appendix 1 – Wrap Fee Program Brochure, which is included as a supplement to this Disclosure Brochure. E. Assets Under Management As of December 31, 2024, HS Wealth manages $397,587,843 in Client assets, all of which are managed on a discretionary basis. Clients may request more information at any time by contacting the Advisor. Item 5 – Fees and Compensation The following paragraphs detail the fee structure and compensation methodology for services provided by the Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written agreement with the Advisor. A. Fees for Advisory Services Wealth Management Services Wealth management fees are paid quarterly, in advance of each quarter, pursuant to the terms of the wealth management agreement. Wealth management fees are based on the market value of assets under management at the end of the prior quarter. Wealth management fees range up to 1.75% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other complexities may be charged a higher fee. The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by HS Wealth Partners will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing. As noted in Item 4.D, the Advisor’s wealth management fees will include Covered Costs. However, the Advisor shall not receive any portion of these commissions, fees, and costs. B. Fee Billing Wealth Management Services Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the quarterly rate (annual rate/days in a year, multiplied by the days in the quarter) to the total assets under management with HS Wealth Partners at the end of the prior quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the investment advisory fee. Clients are urged to also review and compare the statement provided by the Advisor to the brokerage statement from the Custodian, as the Custodian does not perform a verification of fees. Clients provide written authorization permitting advisory fees to be deducted by HS Wealth Partners to be paid directly from their account[s] held by the Custodian as part of the investment advisory agreement and separate account forms provided by the Custodian. C. Other Fees and Expenses Clients may incur certain fees or charges imposed by third parties in connection with investments made on behalf of the Client’s account[s]. HS Wealth Partners includes Covered Costs as part of its overall wealth management fee through the HS Wealth Partners Wrap Fee Program. Securities transaction fees for Client-directed trades may be charged back to the Client. Please see Item 4.D. above as well as Appendix 1 – Wrap Fee Program Brochure. In addition, all fees paid to HS Wealth Partners for wealth management services are separate and distinct from the expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 6  possible distribution fee. A Client may be able to invest in these products directly, without the services of HS Wealth Partners, but would not receive the services provided by HS Wealth Partners which are designed, among other things, to assist the Client in determining which products or services are most appropriate for each Client’s financial situation and objectives. Accordingly, the Client should review both the fees charged by the fund[s] and the fees charged by HS Wealth Partners to fully understand the total fees to be paid. Please refer to Item 12 – Brokerage Practices for additional information. D. Advance Payment of Fees and Termination Wealth Management Services HS Wealth Partners may be compensated for its wealth management services in advance of the quarter in which services are rendered. Either party may terminate the wealth management agreement, at any time, by providing advance written notice to the other party. The Client may also terminate the wealth management agreement within five (5) business days of signing the Advisor’s agreement at no cost to the Client. After the five-day period, the Client will incur charges for bona fide advisory services rendered to the point of termination and such fees will be due and payable by the Client. Upon termination, the Advisor will refund any unearned, prepaid wealth management fees from the effective date of termination to the end of the quarter. The Client’s wealth management agreement with the Advisor is non-transferable without the Client’s prior consent. E. Compensation for Sales of Securities HS Wealth Partners does not buy or sell securities to earn commissions and does not receive any compensation for securities transactions in any Client account, other than the investment advisory fees noted above. Insurance Agency Affiliation Certain Advisory Persons are licensed as independent insurance professionals. As an independent insurance professional, an Advisory Person may earn commission-based compensation for selling insurance products, including insurance products offered to Clients. Insurance commissions earned by the Advisory Person are separate and in addition to investment advisory fees. This practice presents a conflict of interest as an Advisory Person who is also an insurance professional will have an incentive to recommend insurance products to the Client for the purpose of generating commissions rather than solely based on the Client’s needs. Clients are under no obligation, contractual or otherwise, to purchase insurance products through any Advisory Person affiliated with the Advisor. Please see Item 10 below. Item 6 – Performance-Based Fees and Side-By-Side Management HS Wealth Partners does not charge performance-based fees for its investment advisory services. The fees charged by HS Wealth Partners are as described in Item 5 above and are not based upon the capital appreciation of the funds or securities held by any Client. HS Wealth Partners does not manage any proprietary investment funds or limited partnerships (for example, a mutual fund or a hedge fund) and has no financial incentive to recommend any particular investment options to its Clients. Item 7 – Types of Clients HS Wealth Partners offers investment advisory services to individuals, high net worth individuals, trusts and estates. HS Wealth Partners generally does not impose a minimum relationship size. Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss A. Methods of Analysis HS Wealth Partners primarily employs a fundamental analysis method in developing investment strategies for its Clients. Research and analysis from HS Wealth Partners are derived from numerous sources, including financial media companies, third-party research materials, Internet sources, and review of company activities, including annual reports, prospectuses, press releases and research prepared by others. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 7  Fundamental analysis utilizes economic and business indicators as investment selection criteria. This criteria consists generally of ratios and trends that may indicate the overall strength and financial viability of the entity being analyzed. Assets are deemed suitable if they meet certain criteria to indicate that they are a strong investment with a value discounted by the market. While this type of analysis helps the Advisor in evaluating a potential investment, it does not guarantee that the investment will increase in value. Assets meeting the investment criteria utilized in the fundamental analysis may lose value and may have negative investment performance. The Advisor monitors these economic indicators to determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s review process are included below in Item 13 – Review of Accounts. As noted above, HS Wealth Partners generally employs a long-term investment strategy for its Clients, as consistent with their financial goals. HS Wealth Partners will typically hold all or a portion of a security for more than a year, but may hold for shorter periods for the purpose of rebalancing a portfolio or meeting the cash needs of Clients. At times, HS Wealth Partners may also buy and sell positions that are more short-term in nature, depending on the goals of the Client and/or the fundamentals of the security, sector or asset class. B. Risk of Loss Investing in securities involves certain investment risks. Securities may fluctuate in value or lose value. Clients should be prepared to bear the potential risk of loss. HS Wealth Partners will assist Clients in determining an appropriate strategy based on their tolerance for risk and other factors noted above. However, there is no guarantee that a Client will meet their investment goals. While the methods of analysis help the Advisor in evaluating a potential investment, it does not guarantee that the investment will increase in value. Assets meeting the investment criteria utilized in these methods of analysis may lose value and may have negative investment performance. The Advisor monitors these economic indicators to determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s review process are included below in Item 13 – Review of Accounts. Each Client engagement will entail a review of the Client's investment goals, financial situation, time horizon, tolerance for risk and other factors to develop an appropriate strategy for managing a Client's account. Client participation in this process, including full and accurate disclosure of requested information, is essential for the analysis of a Client's account[s]. The Advisor shall rely on the financial and other information provided by the Client or their designees without the duty or obligation to validate the accuracy and completeness of the provided information. It is the responsibility of the Client to inform the Advisor of any changes in financial condition, goals or other factors that may affect this analysis. The risks associated with a particular strategy are provided to each Client in advance of investing Client accounts. The Advisor will work with each Client to determine their tolerance for risk as part of the portfolio construction process. Following are some of the risks associated with the Advisor’s investment strategies: Market Risks The value of a Client’s holdings may fluctuate in response to events specific to companies or markets, as well as economic, political, or social events in the U.S. and abroad. This risk is linked to the performance of the overall financial markets. ETF Risks The performance of ETFs is subject to market risk, including the possible loss of principal. The price of the ETFs will fluctuate with the price of the underlying securities that make up the funds. In addition, ETFs have a trading risk based on the loss of cost efficiency if the ETFs are traded actively and a liquidity risk if the ETFs has a large bid-ask spread and low trading volume. The price of an ETF fluctuates based upon the market movements and may dissociate from the index being tracked by the ETF or the price of the underlying investments. An ETF purchased or sold at one point in the day may have a different price than the same ETF purchased or sold a short time later. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 8  Bond Risks Bonds are subject to specific risks, including the following: (1) interest rate risks, i.e., the risk that bond prices will fall if interest rates rise, and vice versa, the risk depends on two things, the bond's time to maturity, and the coupon rate of the bond. (2) reinvestment risk, i.e. the risk that any profit gained must be reinvested at a lower rate than was previously being earned, (3) inflation risk, i.e. the risk that the cost of living and inflation increase at a rate that exceeds the income investment thereby decreasing the investor’s rate of return, (4) credit default risk, i.e. the risk associated with purchasing a debt instrument which includes the possibility of the company defaulting on its repayment obligation, (5) rating downgrades, i.e. the risk associated with a rating agency’s downgrade of the company’s rating which impacts the investor’s confidence in the company’s ability to repay its debt and (6) Liquidity Risks, i.e. the risk that a bond may not be sold as quickly as there is no readily available market for the bond. Past performance is not a guarantee of future returns. Investing in securities and other investments involve a risk of loss that each Client should understand and be willing to bear. Clients are reminded to discuss these risks with the Advisor. Item 9 – Disciplinary Information There are no legal, regulatory or disciplinary events involving HS Wealth Partners or its management persons. HS Wealth Partners values the trust Clients place in the Advisor. The Advisor encourages Clients to perform the requisite due diligence on any advisor or service provider that the Client engages. The backgrounds of the Advisor or Advisory Persons are available on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD#330640. Item 10 – Other Financial Industry Activities and Affiliations Insurance Agency Affiliation As noted in Item 5, certain Advisory Persons are licensed insurance professionals. Implementations of insurance recommendations are separate and apart from one’s role with the Advisor. As an insurance professional, the Advisory Person will receive customary commissions and other related revenues from the various insurance companies whose products are sold. Advisory Persons are not required to offer the products of any particular insurance company. Commissions generated by insurance sales do not offset investment advisory fees. This presents a conflict of interest in recommending certain products of the insurance companies. Clients are under no obligation to implement any recommendations made by the Advisor or Advisory Persons. Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading A. Code of Ethics HS Wealth Partners has implemented a Code of Ethics (the “Code”) that defines the Advisor’s fiduciary commitment to each Client. This Code applies to all persons associated with HS Wealth Partners (“Supervised Persons”). The Code was developed to provide general ethical guidelines and specific instructions regarding the Advisor’s duties to each Client. HS Wealth Partners and its Supervised Persons owe a duty of loyalty, fairness and good faith towards each Client. It is the obligation of HS Wealth Partners’ Supervised Persons to adhere not only to the specific provisions of the Code, but also to the general principles that guide the Code. The Code covers a range of topics that address employee ethics and conflicts of interest. To request a copy of the Code, please contact the Advisor at 505- 361-2223. B. Personal Trading with Material Interest HS Wealth Partners allows Supervised Persons to purchase or sell the same securities that may be recommended to and purchased on behalf of Clients. HS Wealth Partners does not act as principal in any transactions. In addition, the Advisor does not act as the general partner of a fund, or advise an investment company. HS Wealth Partners does not have a material interest in any securities traded in Client accounts. C. Personal Trading in Same Securities as Clients TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 9  HS Wealth Partners allows Supervised Persons to purchase or sell the same securities that may be recommended to and purchased on behalf of Clients. Owning the same securities that are recommended (purchase or sell) to Clients presents a conflict of interest that, as fiduciaries, must be disclosed to Clients and mitigated through policies and procedures. As noted above, the Advisor has adopted the Code to address insider trading (material non-public information controls); gifts and entertainment; outside business activities and personal securities reporting. When trading for personal accounts, Supervised Persons have a conflict of interest if trading in the same securities. The fiduciary duty to act in the best interest of its Clients can be violated if personal trades are made with more advantageous terms than Client trades, or by trading based on material non-public information. This risk is mitigated by HS Wealth Partners requiring reporting of personal securities trades by its Supervised Persons for review by the Chief Compliance Officer (“CCO”). The Advisor has also adopted written policies and procedures to detect the misuse of material, non-public information. D. Personal Trading at Same Time as Client While HS Wealth Partners allows Supervised Persons to purchase or sell the same securities that may be recommended to and purchased on behalf of Clients, such trades are typically aggregated with Client orders or traded afterwards. At no time will HS Wealth Partners, or any Supervised Person of HS Wealth Partners, transact in any security to the detriment of any Client. Item 12 – Brokerage Practices A. Recommendation of Custodian[s] HS Wealth Partners does not have discretionary authority to select the broker-dealer/custodian for custody and execution services. The Client will engage the broker-dealer/custodian (herein the "Custodian") to safeguard Client assets and authorize HS Wealth Partners to direct trades to the Custodian as agreed upon in the investment advisory agreement. Further, HS Wealth Partners does not have the discretionary authority to negotiate commissions on behalf of Clients on a trade-by-trade basis. Where HS Wealth Partners does not exercise discretion over the selection of the Custodian, it may recommend the Custodian to Clients for custody and execution services. Clients are not obligated to use the recommended Custodian and will not incur any extra fee or cost associated with using a custodian not recommended by HS Wealth Partners. However, the Advisor may be limited in the services it can provide if the recommended Custodian is not engaged. HS Wealth Partners may recommend the Custodian based on criteria such as, but not limited to, reasonableness of commissions charged to the Client, services made available to the Client, and its reputation and/or the location of the Custodian’s offices. HS Wealth Partners will generally recommend that Clients establish their account[s] at Goldman Sachs Custody Solutions and related divisions and entities of Goldman Sachs & Co., Inc. (collectively “Goldman Sachs”), a FINRA- registered broker-dealer and member SIPC. Goldman Sachs will serve as the Client’s “qualified custodian”. HS Wealth Partners maintains an institutional relationship with Goldman Sachs, whereby the Advisor receives economic benefits from Goldman Sachs. Please see Item 14 below. Following are additional details regarding the brokerage practices of the Advisor: 1. Soft Dollars - Soft dollars are revenue programs offered by broker-dealers/custodians whereby an advisor enters into an agreement to place security trades with a broker-dealer/custodian in exchange for research and other services. HS Wealth Partners does not participate in soft dollar programs sponsored or offered by any broker- dealer/custodian. However, the Advisor receives certain economic benefits from the Custodian. Please see Item 14 below. 2. Brokerage Referrals - HS Wealth Partners does not receive any compensation from any third party in connection with the recommendation for establishing an account. 3. Directed Brokerage - All Clients are serviced on a “directed brokerage basis”, where HS Wealth Partners will place trades within the established account[s] at the Custodian designated by the Client. Further, all Client accounts TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 10  are traded within their respective account[s]. The Advisor will not engage in any principal transactions (i.e., trade of any security from or to the Advisor’s own account) or cross transactions with other Client accounts (i.e., purchase of a security into one Client account from another Client’s account[s]). HS Wealth Partners will not be obligated to select competitive bids on securities transactions and does not have an obligation to seek the lowest available transaction costs. These costs are determined by the Custodian. B. Aggregating and Allocating Trades The primary objective in placing orders for the purchase and sale of securities for Client accounts is to obtain the most favorable net results taking into account such factors as 1) price, 2) size of the order, 3) difficulty of execution, 4) confidentiality and 5) skill required of the Custodian. HS Wealth Partners will execute its transactions through the Custodian as authorized by the Client. HS Wealth Partners may aggregate orders in a block trade or trades when securities are purchased or sold through the Custodian for multiple (discretionary) accounts in the same trading day. If a block trade cannot be executed in full at the same price or time, the securities actually purchased or sold by the close of each business day must be allocated in a manner that is consistent with the initial pre-allocation or other written statement. This must be done in a way that does not consistently advantage or disadvantage any particular Clients’ accounts. Item 13 – Review of Accounts A. Frequency of Reviews Securities in Client accounts are monitored on a regular and continuous basis by Advisory Persons and periodically by the Chief Compliance Officer of HS Wealth Partners. Formal reviews are generally conducted at least annually or more frequently depending on the needs of the Client. B. Causes for Reviews In addition to the investment monitoring noted in Item 13.A., each Client account shall be reviewed at least annually. Reviews may be conducted more frequently at the Client’s request. Accounts may be reviewed as a result of major changes in economic conditions, known changes in the Client’s financial situation, and/or large deposits or withdrawals in the Client’s account[s]. The Client is encouraged to notify HS Wealth Partners if changes occur in the Client’s personal financial situation that might adversely affect the Client’s investment plan. Additional reviews may be triggered by material market, economic or political events. C. Review Reports The Client will receive brokerage statements no less than quarterly from the Custodian. These brokerage statements are sent directly from the Custodian to the Client. The Client may also establish electronic access to the Custodian’s website so that the Client may view these reports and their account activity. Client brokerage statements will include all positions, transactions and fees relating to the Client’s account[s]. The Advisor may also provide Clients with periodic reports regarding their holdings, allocations, and performance. Item 14 – Client Referrals and Other Compensation A. Compensation Received by HS Wealth Partners HS Wealth Partners is a fee-based advisory firm, that is compensated solely by its Clients and not from any investment product. HS Wealth Partners does not receive commissions or other compensation from product sponsors, broker-dealers or any un-related third party. HS Wealth Partners may refer Clients to various unaffiliated, non-advisory professionals (e.g., attorneys, accountants, estate planners) to provide certain financial services necessary to meet the goals of its Clients. Likewise, HS Wealth Partners may receive non-compensated referrals of new Clients from various third-parties. Participation in Institutional Advisor Platform TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 11  The Advisor has established an institutional relationship with Goldman Sachs. As a registered investment advisor participating on the Goldman Sachs platform, the Advisor receives access to software and related support because the Advisor renders investment management services to Clients that maintain assets at Goldman Sachs. Services provided by Goldman Sachs benefit the Advisor and many, but not all services provided by Goldman Sachs will benefit Clients. In fulfilling its duties to its Clients, the Advisor endeavors at all times to put the interests of its Clients first. Clients should be aware, however, that the receipt of economic benefits from a custodian creates a potential conflict of interest since these benefits may influence the Advisor's recommendation of this custodian over one that does not furnish similar software, systems support, or services. The Advisor examined this potential conflict of interest when it chose to enter into the relationship with Goldman Sachs. The Advisor has determined that the relationship is in the best interests of Clients and satisfies its Client obligations, including its duty to seek best execution. In addition, Goldman Sachs has provided the Advisor with financial support in the launch of the Advisor and reimbursements for various third-party service providers. B. Compensation for Client Referrals Certain Clients may be referred to the Advisor by either an affiliated or unaffiliated party (herein "Promoter") and receive, directly or indirectly, compensation for the Client referral. In such instances, the Advisor will compensate the Promoter a fee in accordance with Rule 206(4)-1 of the Advisers Act and any corresponding state securities requirements. Any such compensation shall be paid solely from the investment advisory fees earned by the Advisor, and shall not result in any additional charge to the Client. Item 15 – Custody HS Wealth Partners does not accept or maintain custody of any Client accounts, except for the limited circumstances below: Deduction of Advisory Fees - To ensure compliance with regulatory requirements associated with the deduction of advisory fees, all Clients for whom HS Wealth Partners exercises discretionary authority must hold their assets with a "qualified custodian." Clients are responsible for engaging a “qualified custodian” to safeguard their funds and securities and must instruct HS Wealth Partners to utilize that Custodian for securities transactions on their behalf. Clients are encouraged to review statements provided by the Custodian and compare to any reports provided by HS Wealth Partners to ensure accuracy, as the Custodian does not perform this review. For more information about custodians and brokerage practices, see Item 12 – Brokerage Practices. Money Movement Authorization - For instances where Clients authorize HS Wealth Partners to move funds between their accounts, HS Wealth Partners and the Custodian have implemented safeguards to ensure that all money movement activities are conducted strictly in accordance with the Client’s documented instructions. Item 16 – Investment Discretion HS Wealth Partners generally has discretion over the selection and amount of securities to be bought or sold in Client accounts without obtaining prior consent or approval from the Client. However, these purchases or sales may be subject to specified investment objectives, guidelines, or limitations previously set forth by the Client and agreed to by HS Wealth Partners. Discretionary authority will only be authorized upon full disclosure to the Client. The granting of such authority will be evidenced by the Client's execution of an investment advisory agreement containing all applicable limitations to such authority. All discretionary trades made by HS Wealth Partners will be in accordance with each Client's investment objectives and goals. Item 17 – Voting Client Securities HS Wealth Partners does not accept proxy-voting responsibility for any Client. Clients will receive proxy statements directly from the Custodian. The Advisor will assist in answering questions relating to proxies, however, the Client retains the sole responsibility for proxy decisions and voting. Item 18 – Financial Information TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 12  Neither HS Wealth Partners, nor its management, have any adverse financial situations that would reasonably impair the ability of HS Wealth Partners to meet all obligations to its Clients. Neither HS Wealth Partners, nor any of its Advisory Persons, have been subject to a bankruptcy or financial compromise. HS Wealth Partners is not required to deliver a balance sheet along with this Disclosure Brochure as the Advisor does not collect advance fees of $1,200 or more for services to be performed six months or more in the future. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 13  TigerOak Management, L.L.C. d/b/a HS Wealth Partners Form ADV Part 2A – Appendix 1 (“Wrap Fee Program Brochure”) Effective: July 7, 2025 This Form ADV2A - Appendix 1 (“Wrap Fee Program Brochure”) provides information about the qualifications and business practices for TigerOak Management, L.L.C. d/b/a HS Wealth Partners (“HS Wealth Partners” or the “Advisor”) services when offering services pursuant to a wrap program. This Wrap Fee Program Brochure shall always be accompanied by the HS Wealth Partners Disclosure Brochure, which provides complete details on the business practices of the Advisor. If you did not receive the complete HS Wealth Partners Disclosure Brochure or you have any questions about the contents of this Wrap Fee Program Brochure or the HS Wealth Partners Disclosure Brochure, please contact the Advisor at 505-361-2223. HS Wealth Partners is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). The information in this Wrap Fee Program Brochure has not been approved or verified by the SEC or by any state securities authority. Registration of an investment advisor does not imply any specific level of skill or training. This Wrap Fee Program Brochure provides information about HS Wealth Partners to assist you in determining whether to retain the Advisor. Additional information about HS Wealth Partners and its advisory persons are available on the SEC’s website at www.adviserinfo.sec.gov by searching the Advisor’s firm name or CRD#330640. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 14  Item 2 – Material Changes Form ADV 2A - Appendix 1 provides information about a variety of topics relating to an Advisor’s business practices and conflicts of interest. In particular, this Wrap Fee Program Brochure discusses the Wrap Fee Program offered by the Advisor. Material Changes The following material changes have been made to this Disclosure Brochure since the last annual amendment filing on January 28, 2025: • The Advisor has moved its primary office location to 25 Music Square East, Suite 200, Nashville, TN 37203. Effective July 1, 2025. Future Changes From time to time, the Advisor may amend this Wrap Fee Program Brochure to reflect changes in business practices, changes in regulations or routine annual updates as required by the securities regulators. This complete Wrap Fee Program Brochure (along with the complete HS Wealth Partners Disclosure Brochure) or a Summary of Material Changes shall be provided to you annually and if a material change occurs in the business practices of HS Wealth Partners. At any time, you may view this Wrap Fee Program Brochure and the current Disclosure Brochure on-line at the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching for the Advisor’s firm name or CRD# 330640. You may also request a copy of this Disclosure Brochure at any time, by contacting the Advisor at 505-361-2223. Item 3 – Table of Contents Item 2 – Material Changes Item 3 – Table of Contents Item 4 – Services Fees and Compensation Item 5 – Account Requirements and Types of Clients Item 6 – Portfolio Manager Selection and Evaluation Item 7 – Client Information Provided to Portfolio Managers Item 8 – Client Contact with Portfolio Managers Item 9 – Additional Information Privacy Policy 14 15 16 17 17 19 19 19 29 TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 15  Item 4 – Services Fees and Compensation A. Services HS Wealth Partners provides customized wealth management services for its Clients. This Wrap Fee Program Brochure is provided as a supplement to the HS Wealth Partners Disclosure Brochure (Form ADV Part 2A). This Wrap Fee Program Brochure is provided along with the complete Disclosure Brochure to provide full details of the business practices and fees when selecting HS Wealth Partners as your investment advisor. As part of the wealth management fees noted in Item 5 of the Disclosure Brochure, HS Wealth Partners includes, in addition to securities transaction fees, custodial costs, administrative fees, wire fees, trade away transactions, other fees and expenses (herein “Covered Costs”) as part of its wealth management fee. Securities regulations often refer to this combined fee structure as a “Wrap Fee Program”. The Advisor sponsors the HS Wealth Partners Wrap Fee Program. The sole purpose of this Wrap Fee Program Brochure is to provide additional disclosure relating the combination of Covered Costs into a single “bundled” wealth management fee. This Wrap Fee Program Brochure references back to the HS Wealth Partners Disclosure Brochure in which this Wrap Fee Program Brochure serves as an Appendix. Please see Item 4 – Advisory Services of the Disclosure Brochure for details on HS Wealth Partners’ investment philosophy and related services. B. Program Costs Advisory services provided by HS Wealth Partners are offered in a wrap fee structure whereby Covered Costs are included in the overall wealth management fee paid to HS Wealth Partners. As the level of activity in a Client’s account[s] may vary from year to year, the annual cost to the Client may be more or less than engaging for investment advisory services where the Covered Costs are borne separately by the Client. The cost of the Wrap Fee Program varies depending on services to be provided to each Client, however, the Client is not charged more if there is higher trading activity or other Covered Costs. A Wrap Fee structure has a potential conflict of interest as the Advisor is incentivized to limit the number of trades placed in the Client’s account[s] – or to utilize securities that do not have transaction fees. As the Advisor places all clients in Wrap Fee Accounts, the Advisor will ensure that all Client Accounts are traded in what is believed to be the Client’s best interest without regard for transaction fees. Please see Item 5 – Fees and Compensation of the Disclosure Brochure for complete details on fees. C. Fees Wealth Management Services Wealth management fees are paid quarterly, in advance of each quarter, pursuant to the terms of the wealth management agreement. Wealth management fees are based on the market value of assets under management at the end of the prior quarter. Wealth management fees range up to 1.75% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other complexities may be charged a higher fee. The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by HS Wealth Partners will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing. Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the quarterly rate (annual rate/days in a year, multiplied by the days in the quarter) to the total assets under management with HS Wealth Partners at the end of the prior quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the investment advisory fee. Clients are urged to also review and compare the statement provided by the Advisor to the brokerage statement from the Custodian, as the Custodian does not perform a verification of fees. Clients provide written authorization permitting advisory fees to be TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 16  deducted by HS Wealth Partners to be paid directly from their account[s] held by the Custodian as part of the investment advisory agreement and separate account forms provided by the Custodian. As noted above, the Wrap Fee Program includes Covered Costs incurred in connection with the discretionary wealth management services provided by HS Wealth Partners, as part of its overall wealth management fee. In addition, all fees paid to HS Wealth Partners for wealth management services or part of the Wrap Fee Program are separate and distinct from the expenses charged by mutual funds and exchange-traded funds to their shareholders, if applicable. These fees and expenses are described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible distribution fee. Securities transaction fees for Client- directed trades will be charged back to the Client. In connection with the discretionary investment management services provided by HS Wealth Partners, the Client will incur other costs assessed by the Custodian or other third parties, other than the Covered Costs noted above, such as wire transfer fees, fees for trades executed away from the Custodian and other fees. The Advisor does not control nor share in these fees. The Client should review both the fees charged by the fund[s] and the fees charged by HS Wealth Partners to fully understand the total fees to be paid. Please see Item 5.C. – Other Fees and Expenses in the Disclosure Brochure (included with this Wrap Fee Program Brochure). D. Compensation HS Wealth Partners is the sponsor and portfolio manager of this Wrap Fee Program. HS Wealth Partners receives investment advisory fees paid by Clients for participating in the Wrap Fee Program and pays the Covered Costs associated with the management of the Client’s account[s]. Item 5 – Account Requirements and Types of Clients HS Wealth Partners offers investment advisory services to individuals, high net worth individuals, trusts, estates, businesses, and retirement plans. HS Wealth Partners generally does not impose a minimum account size for establishing a relationship. Please see Item 7 – Types of Clients in the Disclosure Brochure for additional information. Item 6 – Portfolio Manager Selection and Evaluation Portfolio Manager Selection HS Wealth Partners serves as sponsor and as portfolio manager for the services under this Wrap Fee Program. Related Persons HS Wealth Partners personnel serve as portfolio managers for this Wrap Fee Program. HS Wealth Partners does not serve as a portfolio manager for any third-party Wrap Fee Programs. Performance-Based Fees HS Wealth Partners does not charge performance-based fees for its investment advisory services. The fees charged by HS Wealth Partners are as described in Item 5 above and are not based upon the capital appreciation of the funds or securities held by any Client. Supervised Persons HS Wealth Partners Advisory Persons serve as portfolio managers for all accounts, including the services described in this Wrap Fee Program Brochure. Details of the advisory services provided are included in Item 4.A. of the Disclosure Brochure. Methods of Analysis Please see Item 8 of the Disclosure Brochure (included with this Wrap Fee Program Brochure) for details on the research and analysis methods employed by the Advisor. Risk of Loss TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 17  Investing in securities involves certain investment risks. Securities may fluctuate in value or lose value. Clients should be prepared to bear the potential risk of loss. HS Wealth Partners will assist Clients in determining an appropriate strategy based on their tolerance for risk and other factors noted above. However, there is no guarantee that a Client will meet their investment goals. While the methods of analysis help the Advisor in evaluating a potential investment, it does not guarantee that the investment will increase in value. Assets meeting the investment criteria utilized in these methods of analysis may lose value and may have negative investment performance. The Advisor monitors these economic indicators to determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s review process are included below in Item 13 – Review of Accounts. Each Client engagement will entail a review of the Client's investment goals, financial situation, time horizon, tolerance for risk and other factors to develop an appropriate strategy for managing a Client's account. Client participation in this process, including full and accurate disclosure of requested information, is essential for the analysis of a Client's account[s]. The Advisor shall rely on the financial and other information provided by the Client or their designees without the duty or obligation to validate the accuracy and completeness of the provided information. It is the responsibility of the Client to inform the Advisor of any changes in financial condition, goals or other factors that may affect this analysis. The risks associated with a particular strategy are provided to each Client in advance of investing Client accounts. The Advisor will work with each Client to determine their tolerance for risk as part of the portfolio construction process. Following are some of the risks associated with the Advisor’s investment strategies: Market Risks The value of a Client’s holdings may fluctuate in response to events specific to companies or markets, as well as economic, political, or social events in the U.S. and abroad. This risk is linked to the performance of the overall financial markets. ETF Risks The performance of ETFs is subject to market risk, including the possible loss of principal. The price of the ETFs will fluctuate with the price of the underlying securities that make up the funds. In addition, ETFs have a trading risk based on the loss of cost efficiency if the ETFs are traded actively and a liquidity risk if the ETFs has a large bid-ask spread and low trading volume. The price of an ETF fluctuates based upon the market movements and may dissociate from the index being tracked by the ETF or the price of the underlying investments. An ETF purchased or sold at one point in the day may have a different price than the same ETF purchased or sold a short time later. Bond Risks Bonds are subject to specific risks, including the following: (1) interest rate risks, i.e., the risk that bond prices will fall if interest rates rise, and vice versa, the risk depends on two things, the bond's time to maturity, and the coupon rate of the bond. (2) reinvestment risk, i.e. the risk that any profit gained must be reinvested at a lower rate than was previously being earned, (3) inflation risk, i.e. the risk that the cost of living and inflation increase at a rate that exceeds the income investment thereby decreasing the investor’s rate of return, (4) credit default risk, i.e. the risk associated with purchasing a debt instrument which includes the possibility of the company defaulting on its repayment obligation, (5) rating downgrades, i.e. the risk associated with a rating agency’s downgrade of the company’s rating which impacts the investor’s confidence in the company’s ability to repay its debt and (6) Liquidity Risks, i.e. the risk that a bond may not be sold as quickly as there is no readily available market for the bond. Past performance is not a guarantee of future returns. Investing in securities and other investments involve a risk of loss that each Client should understand and be willing to bear. Clients are reminded to discuss these risks with the Advisor. Please see Item 8.B. – Risk of Loss in the Disclosure Brochure for details on investment risks. Proxy Voting TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 18  HS Wealth Partners does not accept proxy-voting responsibility for any Client. Clients will receive proxy statements directly from the Custodian. The Advisor will assist in answering questions relating to proxies, however, the Client retains the sole responsibility for proxy decisions and voting. Item 7 – Client Information Provided to Portfolio Managers HS Wealth Partners is the sponsor and sole portfolio manager for the Program. The Advisor does not share Client information with other portfolio managers because it is the sole portfolio manager for this Wrap Fee Program. Please see the HS Wealth Partners Privacy Policy. Item 8 – Client Contact with Portfolio Managers HS Wealth Partners is a full-service investment management advisory firm. Clients always have direct access to the Portfolio Managers at HS Wealth Partners. Item 9 – Additional Information A. Disciplinary Information and Other Financial Industry Activities and Affiliations There are no legal, regulatory or disciplinary events involving HS Wealth Partners or its management persons. HS Wealth Partners values the trust Clients place in the Advisor. The Advisor encourages Clients to perform the requisite due diligence on any advisor or service provider that the Client engages. The backgrounds of the Advisor or Advisory Persons are available on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD#330640. Please see Item 9 of the HS Wealth Partners Disclosure Brochure as well as Item 3 of each Advisory Person’s Brochure Supplement (included with this Wrap Fee Program Brochure) for additional information on how to research the background of the Advisor and its Advisory Persons. Other Financial Activities and Affiliations Please see Item 10 – Other Financial Activities and Affiliation and Item 14 – Client Referrals and Other Compensation of the Form ADV Part 2A – Disclosure Brochure (included with this Wrap Fee Program Brochure). B. Code of Ethics, Review of Accounts, Client Referrals, and Financial Information HS Wealth Partners has implemented a Code of Ethics that defines the Advisor’s fiduciary commitment to each Client. This Code of Ethics applies to all persons subject to HS Wealth Partners’ compliance program (our “Supervised Persons”). Complete details on the HS Wealth Partners Code of Ethics can be found under Item 11 – Code of Ethics, Participation in Client Transactions and Personal Trading in the Disclosure Brochure (included with this Wrap Fee Program Brochure). Investments in Review of Accounts Client accounts are monitored on a regular and continuous basis by Advisory Persons of HS Wealth Partners under the supervision of the Chief Compliance Officer (“CCO”). Details of the review policies and practices are provided in Item 13 of the Form ADV Part 2A – Disclosure Brochure. Other Compensation The Advisor has established an institutional relationship with Goldman Sachs. As a registered investment advisor participating on the Goldman Sachs platform, the Advisor receives access to software and related support because the Advisor renders investment management services to Clients that maintain assets at Goldman Sachs. Services provided by Goldman Sachs benefit the Advisor and many, but not all services provided by Goldman Sachs will benefit Clients. In fulfilling its duties to its Clients, the Advisor endeavors at all times to put the interests of its Clients first. Clients should be aware, however, that the receipt of economic benefits from a custodian creates a potential conflict of interest since these benefits may influence the Advisor's recommendation of this custodian over one that does not furnish similar software, systems support, or services. The Advisor examined this potential conflict of interest when it chose to enter into the relationship with Goldman Sachs. The Advisor has determined that the relationship is TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 19  in the best interests of Clients and satisfies its Client obligations, including its duty to seek best execution. In addition, Goldman Sachs has provided the Advisor with financial support in the launch of the Advisor and reimbursements for various third-party service providers. Please see Item 14 – Other Compensation in the Form ADV Part 2A – Disclosure Brochure (included with this Wrap Fee Program Brochure) for details on additional compensation that may be received by HS Wealth Partners or its Advisory Persons. Each Advisory Person’s Brochure Supplement (also included with this Wrap Fee Program Brochure) provides details on any outside business activities and the associated compensation. Client Referrals from Solicitors Certain Clients may be referred to the Advisor by either an affiliated or unaffiliated party (herein "Promoter") and receive, directly or indirectly, compensation for the Client referral. In such instances, the Advisor will compensate the Promoter a fee in accordance with Rule 206(4)-1 of the Advisers Act and any corresponding state securities requirements. Any such compensation shall be paid solely from the investment advisory fees earned by the Advisor, and shall not result in any additional charge to the Client. Financial Information Neither HS Wealth Partners, nor its management, have any adverse financial situations that would reasonably impair the ability of HS Wealth Partners to meet all obligations to its Clients. Neither HS Wealth Partners, nor any of its Advisory Persons, have been subject to a bankruptcy or financial compromise. HS Wealth Partners is not required to deliver a balance sheet along with this Disclosure Brochure as the Advisor does not collect advance fees of $1,200 or more for services to be performed six months or more in the future. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 20  Form ADV Part 2B – Brochure Supplement for Pete D. Henderson, CIMA® Partner Effective: July 7, 2025 This Form ADV 2B (“Brochure Supplement”) provides information about the background and qualifications of Pete D. Henderson (CRD# 2301206) in addition to the information contained in the TigerOak Management, L.L.C. (“HS Wealth Partners” or the “Advisor”, CRD# 330640) Disclosure Brochure. If you have not received a copy of the Disclosure Brochure or if you have any questions about the contents of the HS Wealth Partners Disclosure Brochure or this Brochure Supplement, please contact us at 505-361-2223 or by email at info@hswealthpartners.com. Additional information about Mr. Henderson is available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or his Individual CRD# 2301206. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 21  Item 2 – Educational Background and Business Experience Pete D. Henderson, born in 1968, is dedicated to advising Clients of HS Wealth Partners as a Partner. Mr. Henderson earned a BBA Management from University of New Mexico in 1993. Additional information regarding Mr. Henderson’s employment history is included below. Employment History: Partner, TigerOak Management, L.L.C. d/b/a HS Wealth Partners Investment Advisor Representative, Cambridge Investment Research Advisors, Inc. Registered Representative, Cambridge Investment Research, Inc. Financial Advisor, UBS Financial Services, Inc. 05/2024 to Present 11/2017 to 05/2024 11/2017 to 05/2024 11/2008 to 11/2017 Certified Investment Management Analyst™ (“CIMA®”) The CIMA® certification signifies that an individual has met initial and ongoing experience, ethical, education, and examination requirements for investment management consulting, including advanced investment management theory and application. To earn CIMA® certification, candidates must: submit an application, pass a background check and have an acceptable regulatory history; pass an online Qualification Examination; complete an in-person or online executive education program at an AACSB® accredited university business school; pass an online Certification Examination; and have an acceptable regulatory history as evidenced by FINRA Form U-4 or other regulatory requirements and have three years of financial services experience at the time of certification. CIMA® certificates must adhere to IMCA’s Code of Professional Responsibility, Standards of Practice, and Rules and Guidelines for Use of the Marks. CIMA® designees must report 40 hours of continuing education credits, including two ethics hours every two years to maintain the certification. The designation is administered through the Investment Management Consultants Association™ (IMCA®). Item 3 – Disciplinary Information There are no legal, civil or disciplinary events to disclose regarding Mr. Henderson. Mr. Henderson has never been involved in any regulatory, civil or criminal action. There have been no client complaints, lawsuits, arbitration claims or administrative proceedings against Mr. Henderson. Securities laws require an advisor to disclose any instances where the advisor or its advisory persons have been found liable in a legal, regulatory, civil or arbitration matter that alleges violation of securities and other statutes; fraud; false statements or omissions; theft, embezzlement or wrongful taking of property; bribery, forgery, counterfeiting, or extortion; and/or dishonest, unfair or unethical practices. As previously noted, there are no legal, civil or disciplinary events to disclose regarding Mr. Henderson. However, we do encourage you to independently view the background of Mr. Henderson on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or his Individual CRD# 2301206. Item 4 – Other Business Activities Insurance Agency Affiliations Mr. Henderson is also a licensed insurance professional. Implementations of insurance recommendations are separate and apart from Mr. Henderson’s role with HS Wealth Partners. As an insurance professional, Mr. Henderson will receive customary commissions and other related revenues from the various insurance companies whose products are sold. Mr. Henderson is not required to offer the products of any particular insurance company. Commissions generated by insurance sales do not offset regular advisory fees. This practice presents a conflict of interest in recommending certain products of the insurance companies. Clients are under no obligation to implement any recommendations made by Mr. Henderson or the Advisor. Mr. Henderson spends approximately 5% of his time per month in this capacity. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 22  Item 5 – Additional Compensation Mr. Henderson has additional business activities where compensation is received that are detailed in Item 4 above. Item 6 – Supervision Mr. Henderson serves as a Partner of HS Wealth Partners and is supervised by Joshalyn Baca, the Chief Compliance Officer. Ms. Baca can be reached at 505-361-2223. HS Wealth Partners has implemented a Code of Ethics, an internal compliance document that guides each Supervised Person in meeting their fiduciary obligations to Clients of HS Wealth Partners. Further, HS Wealth Partners is subject to regulatory oversight by various agencies. These agencies require registration by HS Wealth Partners and its Supervised Persons. As a registered entity, HS Wealth Partners is subject to examinations by regulators, which may be announced or unannounced. HS Wealth Partners is required to periodically update the information provided to these agencies and to provide various reports regarding the business activities and assets of the Advisor. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 23  Form ADV Part 2B – Brochure Supplement for Anthony D. Steffan Partner Effective: July 7, 2025 This Form ADV 2B (“Brochure Supplement”) provides information about the background and qualifications of Anthony D. Steffan (CRD# 2404745) in addition to the information contained in the TigerOak Management, L.L.C. (“HS Wealth Partners” or the “Advisor”, CRD# 330640) Disclosure Brochure. If you have not received a copy of the Disclosure Brochure or if you have any questions about the contents of the HS Wealth Partners Disclosure Brochure or this Brochure Supplement, please contact us at 505-361-2223 or by email at info@hswealthpartners.com. Additional information about Mr. Steffan is available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or his Individual CRD# 2404745. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 24  Item 2 – Educational Background and Business Experience Anthony D. Steffan, born in 1969, is dedicated to advising Clients of HS Wealth Partners as a Partner. Mr. Steffan earned a BBA from University of New Mexico in 1993. Additional information regarding Mr. Steffan’s employment history is included below. Employment History: Partner, TigerOak Management, L.L.C. d/b/a HS Wealth Partners Investment Advisor Representative, Cambridge Investment Research Advisors, Inc. Registered Representative, Cambridge Investment Research, Inc. Financial Advisor, UBS Financial Services, Inc. 05/2024 to Present 11/2017 to 05/2024 11/2017 to 05/2024 11/2008 to 11/2017 CERTIFIED FINANCIAL PLANNER™ (“CFP®”) The CERTIFIED FINANCIAL PLANNER™, CFP®, and federally registered CFP® (with flame design) marks (collectively, the “CFP® marks”) are professional certification marks granted in the United States by CERTIFIED FINANCIAL PLANNER™ Board of Standards, Inc. (“CFP® Board”). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Currently, more than 87,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: ● Education – Complete an advanced college-level course of study addressing the financial planning subject areas that CFP Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board’s financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; ● Examination – Pass the comprehensive CFP® Certification Examination. The examination includes case studies and client scenarios designed to test one’s ability to correctly diagnose financial planning issues and apply one’s knowledge of financial planning to real-world circumstances; ● Experience – Complete at least three years of full-time financial planning-related experience (or the equivalent, measured as 2,000 hours per year); and ● Ethics – Agree to be bound by CFP Board’s Standards of Professional Conduct, a set of documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: ● Continuing Education – Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and ● Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board’s enforcement process, which could result in suspension or permanent revocation of their CFP®. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 25  Item 3 – Disciplinary Information There are no legal, civil or disciplinary events to disclose regarding Mr. Steffan. Mr. Steffan has never been involved in any regulatory, civil or criminal action. There have been no client complaints, lawsuits, arbitration claims or administrative proceedings against Mr. Steffan. Securities laws require an advisor to disclose any instances where the advisor or its advisory persons have been found liable in a legal, regulatory, civil or arbitration matter that alleges violation of securities and other statutes; fraud; false statements or omissions; theft, embezzlement or wrongful taking of property; bribery, forgery, counterfeiting, or extortion; and/or dishonest, unfair or unethical practices. As previously noted, there are no legal, civil or disciplinary events to disclose regarding Mr. Steffan. However, we do encourage you to independently view the background of Mr. Steffan on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or his Individual CRD# 2404745. Item 4 – Other Business Activities Insurance Agency Affiliations Mr. Steffan is also a licensed insurance professional. Implementations of insurance recommendations are separate and apart from Mr. Steffan’s role with HS Wealth Partners. As an insurance professional, Mr. Steffan will receive customary commissions and other related revenues from the various insurance companies whose products are sold. Mr. Steffan is not required to offer the products of any particular insurance company. Commissions generated by insurance sales do not offset regular advisory fees. This practice presents a conflict of interest in recommending certain products of the insurance companies. Clients are under no obligation to implement any recommendations made by Mr. Steffan or the Advisor. Mr. Steffan spends approximately 5% of his time per month in this capacity. Item 5 – Additional Compensation Mr. Steffan has additional business activities where compensation is received that are detailed in Item 4 above. Item 6 – Supervision Mr. Steffan serves as a Partner of HS Wealth Partners and is supervised by Joshalyn Baca, the Chief Compliance Officer. Ms. Baca can be reached at 505-361-2223. HS Wealth Partners has implemented a Code of Ethics, an internal compliance document that guides each Supervised Person in meeting their fiduciary obligations to Clients of HS Wealth Partners. Further, HS Wealth Partners is subject to regulatory oversight by various agencies. These agencies require registration by HS Wealth Partners and its Supervised Persons. As a registered entity, HS Wealth Partners is subject to examinations by regulators, which may be announced or unannounced. HS Wealth Partners is required to periodically update the information provided to these agencies and to provide various reports regarding the business activities and assets of the Advisor. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 26  Form ADV Part 2B – Brochure Supplement for Joshalyn Baca Chief Compliance Officer, Wealth Partner Associate Effective: July 7, 2025 This Form ADV 2B (“Brochure Supplement”) provides information about the background and qualifications of Joshalyn Baca (CRD# 4043144) in addition to the information contained in the TigerOak Management, L.L.C. (“HS Wealth Partners” or the “Advisor”, CRD# 330640) Disclosure Brochure. If you have not received a copy of the Disclosure Brochure or if you have any questions about the contents of the HS Wealth Partners Disclosure Brochure or this Brochure Supplement, please contact us at 505-361-2223 or by email at info@hswealthpartners.com. Additional information about Ms. Baca is available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with her full name or her Individual CRD# 4043144. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 27  Item 2 – Educational Background and Business Experience Joshalyn Baca, born in 1980, is dedicated to advising Clients of HS Wealth Partners as the Chief Compliance Officer, Wealth Partner Associate. Ms. Baca earned a High School Diploma in 1998. Additional information regarding Ms. Baca’s employment history is included below. Employment History: 05/2024 to Present Chief Compliance Officer, Wealth Partner Associate, TigerOak Management, L.L.C. d/b/a HS Wealth Partners Investment Advisor Representative, Cambridge Investment Research Advisors, Inc. Registered Representative, Cambridge Investment Research, Inc. Senior Registered Client Service Associate, UBS Financial Services, Inc. 11/2017 to 05/2024 11/2017 to 05/2024 11/2008 to 11/2017 Item 3 – Disciplinary Information There are no legal, civil or disciplinary events to disclose regarding Ms. Baca. Ms. Baca has never been involved in any regulatory, civil or criminal action. There have been no client complaints, lawsuits, arbitration claims or administrative proceedings against Ms. Baca. Securities laws require an advisor to disclose any instances where the advisor or its advisory persons have been found liable in a legal, regulatory, civil or arbitration matter that alleges violation of securities and other statutes; fraud; false statements or omissions; theft, embezzlement or wrongful taking of property; bribery, forgery, counterfeiting, or extortion; and/or dishonest, unfair or unethical practices. As previously noted, there are no legal, civil or disciplinary events to disclose regarding Ms. Baca. However, we do encourage you to independently view the background of Ms. Baca on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with her full name or her Individual CRD# 4043144. Item 4 – Other Business Activities Insurance Agency Affiliations Ms. Baca is also a licensed insurance professional. Implementations of insurance recommendations are separate and apart from Ms. Baca’s role with HS Wealth Partners. As an insurance professional, Ms. Baca will receive customary commissions and other related revenues from the various insurance companies whose products are sold. Ms. Baca is not required to offer the products of any particular insurance company. Commissions generated by insurance sales do not offset regular advisory fees. This practice presents a conflict of interest in recommending certain products of the insurance companies. Clients are under no obligation to implement any recommendations made by Ms. Baca or the Advisor. Ms. Baca spends approximately 5% of her time per month in this capacity. Item 5 – Additional Compensation Ms. Baca has additional business activities where compensation is received that are detailed in Item 4 above. Item 6 – Supervision Ms. Baca serves as the Chief Compliance Officer and Wealth Partner Associate of HS Wealth Partners. Ms. Baca can be reached at 505-361-2223. HS Wealth Partners has implemented a Code of Ethics, an internal compliance document that guides each Supervised Person in meeting their fiduciary obligations to Clients of HS Wealth Partners. Further, HS Wealth Partners is subject to regulatory oversight by various agencies. These agencies require registration by HS Wealth Partners and its Supervised Persons. As a registered entity, HS Wealth Partners is subject to examinations by regulators, which may be announced or unannounced. HS Wealth Partners is required to periodically update the information provided to these agencies and to provide various reports regarding the business activities and assets of the Advisor. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 28  Form ADV Part 2B – Brochure Supplement for Jack A. Henderson Private Wealth Manager Effective: August 4, 2025 This Form ADV 2B (“Brochure Supplement”) provides information about the background and qualifications of Jack A. Henderson (CRD# 7567765) in addition to the information contained in the TigerOak Management, L.L.C. (“HS Wealth Partners” or the “Advisor”, CRD# 330640) Disclosure Brochure. If you have not received a copy of the Disclosure Brochure or if you have any questions about the contents of the HS Wealth Partners Disclosure Brochure or this Brochure Supplement, please contact us at (505) 361-2223 or by email at info@hswealthpartners.com. Additional information about Mr. Henderson is available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or his Individual CRD# 7567765. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 29  Item 2 – Educational Background and Business Experience Jack A. Henderson, born in 2000, is dedicated to advising Clients of HS Wealth Partners as a Private Wealth Manager. Mr. Henderson earned his MBA from University of Montevallo in 2024. Mr. Henderson also earned his Bachelor’s Degree in Economics and Entrepreneurship from Lewis and Clark College in 2023. Additional information regarding Mr. Henderson’s employment history is included below. Employment History: Private Wealth Manager, TigerOak Management, L.L.C. Summer Intern, Stifel Detail, Mercedes Benz of Albuquerque 05/2024 to Present 05/2022 to 07/2022 06/2020 to 08/2020 Item 3 – Disciplinary Information There are no legal, civil or disciplinary events to disclose regarding Mr. Henderson. Mr. Henderson has never been involved in any regulatory, civil or criminal action. There have been no client complaints, lawsuits, arbitration claims or administrative proceedings against Mr. Henderson. Securities laws require an advisor to disclose any instances where the advisor or its advisory persons have been found liable in a legal, regulatory, civil or arbitration matter that alleges violation of securities and other statutes; fraud; false statements or omissions; theft, embezzlement or wrongful taking of property; bribery, forgery, counterfeiting, or extortion; and/or dishonest, unfair or unethical practices. As previously noted, there are no legal, civil or disciplinary events to disclose regarding Mr. Henderson. However, we do encourage you to independently view the background of Mr. Henderson on the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with his full name or his Individual CRD# 7567765. Item 4 – Other Business Activities Mr. Henderson is dedicated to the investment advisory activities of HS Wealth Partners’s Clients. Mr. Henderson does not have any other business activities. Item 5 – Additional Compensation Mr. Henderson is dedicated to the investment advisory activities of HS Wealth Partners’s Clients. Mr. Henderson does not receive any additional forms of compensation. Item 6 – Supervision Mr. Henderson serves as a Private Wealth Manager of HS Wealth Partners and is supervised by Joshalyn Baca, the Chief Compliance Officer. Ms. Baca can be reached at (505) 361-2223. HS Wealth Partners has implemented a Code of Ethics, an internal compliance document that guides each Supervised Person in meeting their fiduciary obligations to Clients of HS Wealth Partners. Further, HS Wealth Partners is subject to regulatory oversight by various agencies. These agencies require registration by HS Wealth Partners and its Supervised Persons. As a registered entity, HS Wealth Partners is subject to examinations by regulators, which may be announced or unannounced. HS Wealth Partners is required to periodically update the information provided to these agencies and to provide various reports regarding the business activities and assets of the Advisor. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 30  Privacy Policy Effective: July 7, 2025 Our Commitment to You TigerOak Management, L.L.C. d/b/a HS Wealth Partners (“HS Wealth Partners” or the “Advisor”) is committed to safeguarding the use of personal information of our Clients (also referred to as “you” and “your”) that we obtain as your Investment Advisor, as described here in our Privacy Policy (“Policy”). Our relationship with you is our most important asset. We understand that you have entrusted us with your private information, and we do everything that we can to maintain that trust. HS Wealth Partners (also referred to as "we", "our" and "us”) protects the security and confidentiality of the personal information we have and implements controls to ensure that such information is used for proper business purposes in connection with the management or servicing of our relationship with you. HS Wealth Partners does not sell your non-public personal information to anyone. Nor do we provide such information to others except for discrete and reasonable business purposes in connection with the servicing and management of our relationship with you, as discussed below. Details of our approach to privacy and how your personal non-public information is collected and used are set forth in this Policy. Why you need to know? Registered Investment Advisors (“RIAs”) must share some of your personal information in the course of servicing your account. Federal and State laws give you the right to limit some of this sharing and require RIAs to disclose how we collect, share, and protect your personal information. What information do we collect from you? Driver’s license number Date of birth Social security or taxpayer identification number Assets and liabilities Name, address and phone number[s] Income and expenses E-mail address[es] Investment activity Account information (including other institutions) Investment experience and goals What Information do we collect from other sources? Custody, brokerage and advisory agreements questionnaires and suitability Other advisory agreements and legal documents Transactional information with us or others Account applications and forms Investment documents Other information needed to service account How do we protect your information? To safeguard your personal information from unauthorized access and use we maintain physical, procedural and electronic security measures. These include such safeguards as secure passwords, encrypted file storage and a secure office environment. Our technology vendors provide security and access control over personal information and have policies over the transmission of data. Our associates are trained on their responsibilities to protect Client’s personal information. We require third parties that assist in providing our services to you to protect the personal information they receive from us. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 31  How do we share your information? A RIA shares Client personal information to effectively implement its services. In the section below, we list some reasons we may share your personal information. Basis For Sharing Do we share? Can you limit? Yes No to: processing Servicing our Clients We may share non-public personal information with non-affiliated third parties (such as administrators, brokers, custodians, regulators, credit agencies, other financial institutions) as necessary for us to provide agreed upon services to you, consistent with applicable law, including but not transactions; general account maintenance; limited responding to regulators or legal investigations; and credit reporting. No Not Shared Marketing Purposes HS Wealth Partners does not disclose, and does not intend to disclose, personal information with non-affiliated third parties to offer you services. Certain laws may give us the right to share your personal information with financial institutions where you are a customer and where HS Wealth Partners or the client has a formal agreement with the financial institution. We will only share information for purposes of servicing your accounts, not for marketing purposes. Yes Yes Authorized Users Your non-public personal information may be disclosed to you and persons that we believe to be your authorized agent[s] or representative[s]. No Not Shared Information About Former Clients HS Wealth Partners does not disclose and does not intend to disclose, non-public personal information to non-affiliated third parties with respect to persons who are no longer our Clients. Changes to our Privacy Policy We will send you a copy of this Policy annually for as long as you maintain an ongoing relationship with us. Periodically we may revise this Policy and will provide you with a revised Policy if the changes materially alter the previous Privacy Policy. We will not, however, revise our Privacy Policy to permit the sharing of non-public personal information other than as described in this notice unless we first notify you and provide you with an opportunity to prevent the information sharing. Any Questions? You may ask questions or voice any concerns, as well as obtain a copy of our current Privacy Policy by contacting us at 505-361-2223. TigerOak Management, L.L.C. d/b/a HS Wealth Partners 25 Music Square East, Suite 200, Nashville, TN 37203 Phone: 505-361-2223 | Fax: 505-300-4851 Page 32