TSA WEALTH MANAGEMENT

Part 2A of Form ADV: Firm Brochure Item 1, Cover Page TSA Wealth Management LLC 5718 Westheimer Road, Suite 950 Houston, Texas 77057 Tel: (713) 735-9217 Fax: (713) 735-9229 FORM ADV PART 2 FIRM BROCHURE This brochure provides information about the qualifications and business practices of TSA Wealth Management LLC. If you have any questions about the contents of this brochure, please contact us at (713) 735-9217. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about TSA Wealth Management LLC is also available on the SEC’s website at www.adviserinfo.sec.gov. The searchable IARD/CRD number for TSA Wealth Management LLC is 323123. TSA Wealth Management LLC is a Registered Investment Adviser. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. March 9, 2026 1  Form ADV, Part 2A, Item 2 Material Changes ANNUAL UPDATE The Material Changes section of this brochure will be updated annually or when material changes occur since the previous release of the Firm Brochure. Each year, we will ensure that you receive a summary of any material changes to this and subsequent brochures by April 30th. We will further provide you with our most recent brochure at any time at your request, without charge. You may request a brochure by contacting us at (713) 735-9217. Material Changes since the Last Update TSA Wealth Management LLC was established as a new Registered Investment Advisor in October 2022 with the Securities and Exchange Commission (“SEC”), under the rules and regulations of the US Investment Advisers Act of 1940, as amended (the "Advisers Act"). The following changes have been made since the last update on January 22, 2025: • None March 9, 2026 2  Form ADV, Part 2A, Item 3 Table of Contents 1) Cover Page ............................................................................................................................................................................................................................... 01 2) Material Changes ................................................................................................................................................................................................................ 02 3) Table of Contents ............................................................................................................................................................................................................... 03 4) Advisory Business .............................................................................................................................................................................................................. 04 5) Fees and Compensation ............................................................................................................................................................................................... 05 6) Performance-Based Fees and Side-By-Side Management ................................................................................................................ 06 7) Types of Clients ………………………………………………………………………………………………………………………………………………………………………………………06 8) Methods of Analysis, Investment Strategies and Risk of Loss……………………………………………………………………………………………..06 9) Disciplinary Information………………………………………………………………………………………………………………………………………………………………………08 10) Other Financial Industry Activities and Affiliations………………………………………………………………………………………………………………….08 11) Code of Ethics, Participation or Interest in Client Transactions and Personal Trading .................................................... 08 12) Brokerage Practices ........................................................................................................................................................................................................ 09 13) Review of Accounts ........................................................................................................................................................................................................... 10 14) Client Referrals and Other Compensation ......................................................................................................................................................... 10 15) Custody ....................................................................................................................................................................................................................................... 10 16) Investment Discretion ..................................................................................................................................................................................................... 10 17) Voting Client Securities .................................................................................................................................................................................................... 11 18) Financial Information ........................................................................................................................................................................................................ 11 19) Requirements for State-Registered Advisers ................................................................................................................................................... 11 March 9, 2026 3  Form ADV Part 2A, Item 4 Advisory Business TSA Wealth Management LLC (hereinafter called “TSAWM”) is a Registered Investment Adviser based in Houston, Texas, and incorporated under the laws of the State of Texas. TSAWM is owned by Jonathan Swanburg and Austin Marrs. TSAWM is registered with the SEC and subject to the rules and regulations of the US Advisers Act. Founded in February 2022, TSAWM provides investment advisory services, which may include, but are not limited to, the review of client investment objectives and goals, recommending asset allocation strategies of managed assets among investment products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing written investment strategies. Our investment advice is tailored to meet our clients’ needs and investment objectives. Clients may impose restrictions on investing in certain securities or types of securities (such as a product type, specific companies, specific sectors, etc.) by providing a signed and dated written notification, of which an e-mail is also an acceptable form of notification. TSAWM provides investment advisory and other financial services through its Investment Advisory Representatives ("IAR") to accounts opened with TSAWM. Managed Accounts are available to individuals, high net worth individuals, corporations and charities. TSAWM provides discretionary investment advisory services to some of its clients through various managed account programs. TSAWM will assist clients in determining the suitability of the Managed Account Programs for the client. The IAR is compensated through a comprehensive single fee and the account may be assessed other charges associated with conducting a brokerage business. TSAWM and its IAR, as appropriate, will be responsible for the following:  Performing due diligence  Recommending strategic asset and style allocations  Providing research on investment product options, as needed  Discussing client risk tolerance and suitability  Obtaining investment advisory contract from each new client  Performing client suitability check, review the investment objectives and evaluate the investment vehicle selections  Providing Firm Brochure (this document) As of December 31, 2025, the firm has assets under management of Discretionary: $358,837,829 AUM and Non-Discretionary: $0 AUM March 9, 2026 4  Form ADV, Part 2A, Item 5 Fees and Compensation The following types of fees will be assessed: ASSET MANAGEMENT – Fees are charged quarterly in arrears and are based primarily on asset size and the level of complexity of the services provided. In individual cases, TSAWM has the sole discretion to negotiate fees that are lower than the standard fee shown or to waive fees. Fees are not based on the share of capital gains or capital appreciation of the funds or any portion of the funds. Comparable services for lower fees may be available from other sources. Fees for the initial quarter will be prorated based upon the number of calendar days in the calendar quarter that the advisory agreement is in effect. Fees are based on the market value of the Assets Under Management; the value of the Assets Under Management is determined by the average daily market value of the assets during the previous quarter. Annual fees range from .20% - 1.00%, depending on the amount of assets under management (“AUM”) – See chart below. Consulting services are included in these fees for asset management services. Fee Schedule for Asset Management: Account Value Tier Tier Maximum Annual Advisory Fee First $2,000,000 1.00% $2,000,001 - $3,000,000 0.80% $3,000,001 - $4,000,000 0.60% $4,000,001 - $5,000,000 0.40% $5,000,001 - $10,000,000 0.30% $10,000,001 and above 0.20% As authorized in the client agreement, the account custodian withdraws TSA Wealth Management LLC’s advisory fees directly from the clients’ accounts according to the custodian’s policies, practices, and procedures. The custodial statement includes the amount of any fees paid to TSAWM for advisory services. You should carefully review the statement from your custodian/broker-dealer’s statement and verify the calculation of fees. Your custodian/broker-dealer does not verify the accuracy of fee calculations. Fees are charged in arrears on a quarterly basis, meaning that advisory fees for a quarter are charged in the following quarter. Clients may terminate investment advisory services obtained from TSAWM, without penalty, upon written notice within five (5) business days after entering into the advisory agreement with TSAWM. The client is responsible for any fees and charges incurred by the client from third parties as a result of maintaining the account such as transaction fees for any securities transactions executed and account maintenance or custodial fees. Thereafter, the client may terminate advisory services upon written notice delivered to and received by TSAWM. Clients who terminate investment advisory services during a quarter are charged a prorated advisory fee based on the date of TSAWM’s receipt of client’s written notice to terminate. Any earned but unpaid fees are immediately due and payable, and any prepaid and unearned fees will be immediately refunded. Additional Fees and Expenses In addition to advisory fees paid to TSAWM as explained above, clients may pay custodial service, account maintenance, transaction, and other fees associated with maintaining the account. These fees vary by broker and/or custodian. Clients should ask TSAWM for details on transaction fees or other custodial fees specific to their account, as these fees are not included in the annual advisory fee. TSAWM does not share any portion of such fees. Additionally, for any mutual funds purchased, the client may pay their proportionate share of the funds’ distribution, internal management, investment advisory and administrative fees. Such fees are not shared with TSAWM and are compensation to the fund manager. Clients are urged to read the mutual fund prospectus prior to investing. March 9, 2026 5  Mutual fund companies impose internal fees and expenses on clients. These fees are in addition to the costs associated with the investment advisory services as described above. Complete details of such internal expenses are specified and disclosed in each mutual fund company’s prospectus. Clients are strongly advised to review the prospectus(es) prior to investing in such securities. Mutual funds purchased or sold in broker-dealer accounts may generate transaction fees that would not exist if the purchase or sale were made directly with the mutual fund company. Mutual funds held in broker-dealer accounts also charge management fees. These mutual fund management fees may be more or less than the mutual fund management fees charged if the client held the mutual fund directly with the mutual fund company. Clients may purchase shares of mutual funds directly from the mutual fund issuer, its principal underwriter, or a distributor without purchasing the services of TSAWM or paying the advisory fee on such shares (but subject to any applicable sales charges). Certain mutual funds are offered to the public without a sales charge. In the case of mutual funds offered with a sales charge, the prevailing sales charge (as described in the mutual fund prospectus) may be more or less than the applicable advisory fee. However, clients would not receive TSAWM’s assistance in developing an investment strategy, selecting securities, monitoring performance of the account, and making changes as necessary. Please refer to Item 12 “Brokerage Practices” of this brochure for additional information. Form ADV, Part 2A, Item 6 Performance-Based Fees and Side-By-Side Management TSA Wealth Management LLC does not charge performance-based fees or participate in side-by-side management. Side-by-side management refers to the practice of managing accounts that are charged performance-based fees while at the same time managing accounts that are not charged performance-based fees. Performance-based fees are fees that are based on a share of capital gains or appreciation of the assets of a client. Our fees are calculated as described in Fees and Compensation section above, and are not charged on the basis of performance of your advisory account. Form ADV, Part 2A, Item 7 Types of Clients TSAWM offers investment advisory services to individuals and high net worth individuals, corporations and charities. There is a $500,000 minimum account size to open and maintain an advisory account. Though there is a $500,000 minimum account size, this is negotiable. Form ADV, Part 2A, Item 8 Methods of Analysis, Investment Strategies, and Risk of Loss TSAWM’s methods of analysis and investment strategies incorporate the client’s needs and investment objectives, time horizon, and risk tolerance. TSAWM is not bound to a specific investment strategy for the management of investment portfolios, but rather consider the risk tolerance levels pre-determined gathered at the account opening, as well as on an on-going basis. Examples of methodologies that our investment strategies may incorporate include: Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a mix of asset classes and the efficient allocation of capital to those assets by matching rates of return to a specified and quantifiable tolerance for risk. Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar amount of securities at regularly scheduled intervals, regardless of the price per share. This will gradually, over time, decrease the average share price of the security. Dollar- cost averaging lessens the risk of investing a large amount in a single investment at the wrong time. March 9, 2026 6  Technical Analysis – involves studying past price patterns and trends in the financial markets to predict the direction of both the overall market and specific stocks. Long-Term Purchases – securities purchased with the expectation that the value of those securities will grow over a relatively long period of time, generally greater than one year. Short-Term Purchases – securities purchased with the expectation that they will be sold within a relatively short period of time, generally less than one year, to take advantage of the securities’ short term price fluctuations. Our strategies and investments may have unique and significant tax implications. Regardless of your account size or other factors, we strongly recommend that you continuously consult with a tax professional prior to and throughout the investing of your assets. Investing in securities involves risk of loss that clients should be prepared to bear. Although we manage your portfolio with strategies and in a manner consistent with your risk tolerances, there can be no guarantee that our efforts will be successful. You should be prepared to bear the risk of loss. All investments involve the risk of loss, including (among other things) loss of principal, a reduction in earnings (including interest, dividends, and other distributions), and the loss of future earnings. These risks include market risk, interest rate risk, issuer risk, and general economic risk. Regardless of the methods of analysis or strategies suggested for your particular investment goals, you should carefully consider these risks, as they all bear risks. TSAWM’s primary goal for investing is to help the client maintain purchasing power over the long term. This may result in short term variability and loss of principal. Time horizon and risk tolerance are key determinates of the proper asset allocation. TSAWM’s approach focuses on taking appropriate risks for which clients are compensated (i.e. market risk) and seeking to limit or eliminate risks that do not provide compensation over the long term (i.e. individual stock risk or lack of portfolio risk): Below are some more specific risks of investing: Market Risk. The prices of securities in which clients invest may decline in response to certain events taking place around the world, including those directly involving the companies whose securities are owned by the client or an underlying fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency, interest rate and commodity price fluctuations. Investors should have a long-term perspective and be able to tolerate potentially sharp declines in market value. Management Risk. TSAWM’s investment approach may fail to produce the intended results. If our perception of the performance of a specific asset class or underlying fund is not realized in the expected time frame, the overall performance of client’s portfolio may suffer. Equity Risk. Equity securities tend to be more volatile than other investment choices. The value of an individual mutual fund or ETF can be more volatile than the market as a whole. This volatility affects the value of the client’s overall portfolio. Small- and mid-cap companies are subject to additional risks. Smaller companies may experience greater volatility, higher failure rates, more limited markets, product lines, financial resources, and less management experience than larger companies. Smaller companies may also have a lower trading volume, which may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies. Fixed Income Risk. The issuer of a fixed income security may not be able to make interest and principal payments when due. Generally, the lower the credit rating of a security, the greater the risk that the issuer will default on its obligation. If a rating agency gives a debt security a lower rating, the value of the debt security will decline because investors will demand a higher rate of return. As nominal interest rates rise, the value of fixed income securities is likely to decrease. A nominal interest rate is the sum of a real interest rate and an expected inflation rate. Municipal Securities Risk. The value of municipal obligations can fluctuate over time, and may be affected by adverse political, legislative and tax changes, as well as by financial developments that affect the municipal issuers. Because many municipal obligations are issued to finance similar projects by municipalities (e.g., housing, healthcare, water and sewer projects, etc.), conditions in the sector related to the project can affect the overall municipal market. Payment of municipal obligations may depend on an issuer’s general unrestricted revenues, revenue generated by a specific project, the operator of the project, or government appropriation or aid. There is a greater risk if investors can look only to the revenue generated by the project. In addition, municipal bonds generally are traded in the “over-the-counter” market among dealers and other large institutional investors. From time to time, liquidity in the March 9, 2026 7  municipal bond market (the ability to buy and sell bonds readily) may be reduced in response to overall economic conditions and credit tightening. Investment Companies Risk. When a client invests in open end mutual funds or ETFs, the client indirectly bears its proportionate share of any fees and expenses payable directly by those funds. Therefore, the client will incur higher expenses, many of which may be duplicative. In addition, the client’s overall portfolio may be affected by losses of an underlying fund and the level of risk arising from the investment practices of an underlying fund (such as the use of derivatives). ETFs are also subject to the following risks: (i) an ETF’s shares may trade at a market price that is above or below their net asset value; (ii) the ETF may employ an investment strategy that utilizes high leverage ratios; or (iii) trading of an ETF’s shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are de-listed from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally. TSAWM has no control over the risks taken by the underlying funds. Artificial Intelligence and Machine Learning Risk. Certain service providers utilized by the Firm to service client accounts have artificial intelligence components. The use of artificial intelligence and machine learning includes increased risk of data inaccuracies and security vulnerabilities. Due to the rapid advancement of machine learning technologies, future risks related to artificial intelligence are unpredictable. As a measure to mitigate these risks to our clients, the Firm performs periodic due diligence of our service providers for assurance that the service providers have appropriate controls in place to protect our clients’ information and to limit data inaccuracies when artificial intelligence is used by the service provider. Form ADV, Part 2A, Item 9 Disciplinary Information TSA Wealth Management LLC or its Principal Executive Officers have not had any reportable disclosable events in the past ten years. Form ADV, Part 2A, Item 10 Other Financial Industry Activities and Affiliations Neither TSAWM nor its representatives are registered as a Futures Commission Merchant, Commodity Pool Operator, or a Commodity Trading Advisor. The representatives of TSAWM are also licensed insurance agents. From time to time, they will offer clients advice or products from those activities. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. TSAWM always acts in the best interest of the client; including the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of TSAWM in their capacity as an insurance agent. Not more than 5% of representative’s time is spent on this activity. Form ADV, Part 2A, Item 11 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading TSAWM’s Code of Ethics includes guidelines for professional standards of conduct for our Associated Persons. Our goal is to protect client interests at all times and to demonstrate our commitment to fiduciary duties of honesty, good faith, and fair dealing. All of TSAWM’s Associated Persons are expected to strictly adhere to these guidelines. Persons associated with TSA Wealth Management LLC are also required to report any violations to the Code of Ethics. Additionally, the firm maintains and enforces written policies reasonably designed to prevent the misuse or dissemination of material, non-public information about our clients or client accounts by persons associated with our firm. TSAWM and its employees may buy or sell securities that are also held by clients. It is the expressed policy of the advisor that no person employed by our firm purchase or sell any security prior to the transaction being implemented for an advisory account; therefore, preventing such employees from benefiting from transactions placed on behalf of the advisory clients. March 9, 2026 8  The advisor may have an interest or position in a certain security, which may also be recommended to the client. As these situations may present a conflict of interest, the advisor has established the following restrictions in order to ensure its fiduciary responsibilities should this issue ever arise: 1) A director, officer or employee of the advisor shall not buy or sell a security for their personal portfolio(s) where their decision is substantially derived, in whole or part, by reason of his or her employment, unless the information is also available to the investing public. No owner/employee of TSAWM shall prefer their own interest to that of the client. 2) The advisor maintains a list of all securities held by the company and all directors, officers, and employees. These holdings are reviewed on a quarterly basis by the principal of the firm. 3) The advisor requires that all employees must act in accordance with all applicable Federal and State regulations governing registered investment advisors. 4) The advisor may block personal trades with those of clients but will ensure that clients are not at a disadvantage. TSAWM’s Code of Ethics is available to you upon request. You may obtain a copy of our Code of Ethics by contacting Crystal McKeon at (713) 735-9238. Form ADV, Part 2A, Item 12 Brokerage Practices In order for TSAWM to provide asset management services, we request you utilize the brokerage and custodial services of Charles Schwab & Co., Inc. (“Schwab”), for which we have an existing relationship. TSAWM and Schwab are not affiliated companies. In considering which independent qualified custodian will be the best fit for TSAWM’s business model, we are evaluating the following factors, which is not an all-inclusive list: Financial strength Types and quality of research › › Reputation › Reporting capabilities › Execution capabilities › Pricing, and › While you are free to choose any broker-dealer or other service provider, we recommend that you establish an account with a brokerage firm with which we have an existing relationship. Such relationships may include benefits provided to our firm, including, but not limited to research, market information, and administrative services that help our firm manage your account(s). We believe that recommended broker-dealers provide quality execution services for our clients at competitive prices. Price is not the sole factor we consider in evaluating best execution. We also consider the quality of the brokerage services provided by the recommended broker-dealers, including the value of research provided, the firm’s reputation, execution capabilities, commission rates, and responsiveness to our clients and our firm. You may direct us in writing to use a particular broker-dealer to execute some or all of the transactions for your account. If you do so, you are responsible for negotiating the terms and arrangements for the account with that broker-dealer. We may not be able to negotiate commissions, obtain volume discounts, or best execution. In addition, under these circumstances a difference in commission charges may exist between the commissions charged to clients who direct us to use a particular broker or dealer and other clients who do not direct us to use a particular broker or dealer. TSAWM does not receive client referrals from broker-dealers in exchange for cash or other compensation, such as brokerage services or research. TSAWM does not have any formal soft dollar arrangements. March 9, 2026 9  When TSAWM buys or sells the same security for two or more clients (including our personal accounts), we may place concurrent orders to be executed together as a single “block” in order to facilitate orderly and efficient execution. Each client account will be charged or credited with the average price per unit. We receive no additional compensation or remuneration of any kind because we aggregate client transactions. No client is favored over any other client. If an order is not completely filled, it is allocated pro- rata based on an allocation statement prepared by TSAWM prior to placing the order. Because of an order’s aggregation, some clients may pay higher transaction costs, or greater spreads, or receive less favorable net prices on transactions than would otherwise be the case if the order had not been aggregated. Form ADV, Part 2A, Item 13 Review of Accounts Client accounts are reviewed at least quarterly by an advisor, The advisory team reviews clients’ accounts with regards to their investment policies and risk tolerance levels. All accounts at TSAWM are assigned to this reviewer. Reviews may be triggered by material market, economic or political events, or by changes in client's financial situations (such as retirement, termination of employment, physical move, or inheritance). Each client will receive at least quarterly a written report that details the clients’ account which may come from the custodian. Clients are encouraged to review these statements to verify accuracy and calculation correctness. Form ADV, Part 2A, Item 14 Client Referrals and Other Compensation TSAWM does not compensate any individual or firm for client referrals. In addition, TSAWM does not receive compensation for referring clients to other professional service providers. Form ADV, Part 2A, Item 15 Custody TSAWM does not have physical custody of any client funds and/or securities, and does not take custody of client accounts at any time. Client funds and securities will be held with a bank, broker dealer, or other independent qualified custodian. However, by granting TSAWM written authorization to automatically deduct fees from client accounts, TSAWM is deemed to have limited custody. You will receive account statements from the independent, qualified custodian holding your funds at least quarterly. The account statement from your custodian will indicate the amount of advisory fees deducted from your account(s) each billing cycle. Clients should carefully review statements received from the custodian. Standing Letters of Authorization Some clients may execute limited powers of attorney or other standing letters of authorization that permit the firm to transfer money from their account with the client’s independent qualified Custodian to third-parties. This authorization to direct the Custodian may be deemed to cause our firm to exercise limited custody over your funds or securities and for regulatory reporting purposes, we are required to keep track of the number of clients and accounts for which we may have this ability. We do not have physical custody of any of your funds and/or securities. Your funds and securities will be held with a bank, broker-dealer, or other independent, qualified custodian. You will receive account statements from the independent, qualified custodian(s) holding your funds and securities at least quarterly. The account statements from your custodian(s) will indicate any transfers that may have taken place within your account(s) each billing period. You should carefully review account statements for accuracy Form ADV, Part 2A, Item 16 Investment Discretion March 9, 2026 10  Before TSAWM can buy or sell securities on your behalf, you must first sign our discretionary management agreement, a limited power of attorney, and/or trading authorization forms. By choosing to do so, you may grant the firm discretion over the selection and amount of securities to be purchased or sold for your account(s) without obtaining your consent or approval prior to each transaction. Clients may impose limitations on discretionary authority for investing in certain securities or types of securities (such as a product type, specific companies, specific sectors, etc.), as well as other limitations as expressed by the client. Limitations on discretionary authority are required to be provided to the IAR in writing. Please refer to the “Advisory Business” section of this Brochure for more information on our discretionary management services. Form ADV, Part 2A, Item 17 Voting Client Securities We do not vote proxies on behalf of your advisory accounts. At your request, we may offer you advice regarding corporate actions and the exercise of your proxy voting rights. If you own shares of common stock or mutual funds, you are responsible for exercising your right to vote as a shareholder. In most cases, you will receive proxy materials directly from the account custodian. However, in the event we were to receive any written or electronic proxy materials, we would forward them directly to you by mail, unless you have authorized our firm to contact you by electronic mail, in which case, we would forward any electronic solicitation to vote proxies. Form ADV, Part 2A, Item 18 Financial Information TSAWM is not required to provide financial information to our clients because we do not require or solicit the prepayment of more than $1,200 six or more months in advance. Form ADV, Part 2A, Item 19 Requirements for State-Registered Advisers This section is not applicable as TSAWM is SEC registered and not state registered. March 9, 2026 11  Part 2b of Form ADV: Firm Brochure Item 1, Cover Page Jon Swanburg, CFP® 5718 Westheimer Road, Suite 950 Houston, TX 77057 Phone: (713) 735-9228 FORM ADV PART 2 BROCHURE supplement This brochure supplement provides information about Jon Swanburg that supplements the TSA Wealth Management brochure. You should have received a copy of that brochure. Please contact Crystal McKeon if you did not receive a TSA Wealth Management’s brochure or if you have questions about this supplement. Mr. Swanburg’s CRD number is 5713713. Additional information about Jon Swanburg is also available on the SEC’s website at www.adviserinfo.sec.gov. March 9, 2026 12  Form ADV, Part 2B, Item 2 Educational Background and Business Experience Jon Swanburg, CFP® - Managing Member - Year of Birth: 1984 Business Background: TSA Wealth Management, Managing Member, October 2022 - Present Calton & Associates, Inc., Principal, Registered Representative, January 2015 – January 2023 Tri-Star Advisors, Inc., Investment Advisor Representative, September 2009 – January 2023 Tri-Star Financial, Institutional Specialist, Registered Representative, September 2009 – December 2014 • • • • Educational Background: Pepperdine University, Bachelor of Arts Degree in Economics, Graduated: 2005 • • Baylor University, Master of Business Administration (MBA)/Juris Doctor (JD), Graduated: 2009 RELEVANT DESIGNATIONS: CERTIFIED FINANCIAL PLANNER™ (CFP®) I am certified for financial planning services in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). Therefore, I may refer to myself as a CERTIFIED FINANCIAL PLANNER™ professional or a CFP® professional, and I may use these and CFP Board’s other certification marks (the “CFP Board Certification Marks”). CFP® certification is voluntary. No federal or state law or regulation requires financial planners to hold CFP® certification. You may find more information about CFP® certification at www.cfp.net. CFP® professionals have met CFP Board’s high standards for education, examination, experience, and ethics. To become a CFP® professional, an individual must fulfill the following requirements:  Education – Earn a bachelor’s degree or higher from an accredited college or university and complete CFP Board-approved coursework at a college or university through a CFP Board Registered Program. The coursework covers the financial planning subject areas CFP Board has determined are necessary for the competent and professional delivery of financial planning services, as well as a comprehensive financial plan development capstone course. A candidate may satisfy some of the coursework requirement through other qualifying credentials.  Examination – Pass the comprehensive CFP® Certification Examination. The examination is designed to assess an individual’s ability to integrate and apply a broad base of financial planning knowledge in the context of real-life financial planning situations.  Experience – Complete 6,000 hours of professional experience related to the personal financial planning process, or 4,000 hours of apprenticeship experience that meets additional requirements.  Ethics – Satisfy the Fitness Standards for Candidates for CFP® Certification and Former CFP® Professionals Seeking Reinstatement and agree to be bound by CFP Board’s Code of Ethics and Standards of Conduct (“Code and Standards”), which sets forth the ethical and practice standards for CFP® professionals. Individuals Who Become Certified Must Complete the Following Ongoing Education And Ethics Requirements To Remain Certified And Maintain The Right To Continue To Use The CFP Board Certification Marks:  Ethics – Commit to complying with CFP Board’s Code and Standards. This includes a commitment to CFP Board, as part of the certification, to act as a fiduciary, and therefore, act in the best interests of the client, at all times when providing financial advice and financial planning. CFP Board may sanction a CFP® professional who does not abide by this commitment, but CFP Board does not guarantee a CFP® professional's services. A client who seeks a similar commitment should obtain a written engagement that includes a fiduciary obligation to the client.  Continuing Education – Complete 30 hours of continuing education hours every two years to maintain competence, demonstrate specified levels of knowledge, skills, and abilities, and keep up with developments in financial planning. Two of the hours must address the Code and Standards. Form ADV, Part 2B, Item 3  March 9, 2026 13  Disciplinary Information Mr. Swanburg does not have any reportable disciplinary disclosures. Form ADV, Part 2B, Item 4 Other Business Activities Jonathan Swanburg does not have any outside business activities to report. . Form ADV, Part 2B, Item 5 Additional Compensation Jonathan Swanburg does not receive any economic benefit from anyone, who is not a client, for providing advisory services. Form ADV, Part 2B, Item 6 Supervision TSA Wealth Management has written supervisory procedures in place that are reasonably designed to detect and prevent violations of the securities laws, rules, and regulations of the US Investment Advisers Act of 1940, as amended (the "Advisers Act"). Jonathan Swanburg is supervised by Crystal McKeon, TSA Wealth Management’s Chief Compliance Officer. Ms. McKeon can be reached at (713) 735-9238. Form ADV, Part 2B, Item 7 Requirements for State-Registered Advisers This is not applicable as TSA Wealth Management is not a state-registered adviser. March 9, 2026 14  This is not applicable as TSA Wealth Management is not a state-registered adviser.   Part 2b of Form ADV: Firm Brochure Form ADV, Part 2B, Item 3 Item 1, Cover Page Disciplinary Information Mr. Swanburg does not have any reportable disciplinary disclosures. Form ADV, Part 2B, Item 4 Other Business Activities Austin Gentry Marrs, CFP® Jon Swanburg has a financial industry affiliated business as an independent insurance agent. Not more than 5% of his time is spent on these activities. From time to time, he offers clients advice or products from those activities. He may receive separate yet typical compensation in the form of commissions for the sale of insurance products. 5718 Westheimer Road, Suite 950 These practices represent a conflict of interest because it gives Mr. Swanburg an incentive to recommend products based on the commission amount received. This conflict is mitigated by the fact that Mr. Swanburg has a fiduciary responsibility to place the best Houston, TX 77057 interest of the client first and the clients are not required to purchase any products. Clients have the option to purchase these products through another insurance agent of their choosing. Mr. Swanburg also provides non-investment related legal advice, for no compensation, at his personal residence. Time spent will be minimal and will not be done during market hours Phone: (713) 735-9222 Form ADV, Part 2B, Item 5 Additional Compensation Jon Swanburg does not receive any economic benefit from anyone, who is not a client, for providing advisory services. Form ADV, Part 2B, Item 6 Supervision TSA Wealth Management has written supervisory procedures in place that are reasonably designed to detect and prevent violations of the securities laws, rules, and regulations of the US Investment Advisers Act of 1940, as amended (the "Advisers Act"). Jon Swanburg is supervised by Crystal McKeon, TSA Wealth Management’s Chief Compliance Officer. Ms. McKeon can be reached at (713) 735-9238. FORM ADV PART 2 BROCHURE supplement Form ADV, Part 2B, Item 7 Requirements for State-Registered Advisers This brochure supplement provides information about Austin Marrs that supplements the TSA Wealth Management brochure. You should have received a copy of that brochure. Please contact Austin Marrs if you did not receive a TSA Wealth Management’s brochure or if you have questions about this supplement. Mr. Marrs’ CRD number is 5979477. Additional information about Austin Marrs is also available on the SEC’s website at www.adviserinfo.sec.gov March 9, 2026 15  Form ADV, Part 2B, Item 2 Educational Background and Business Experience Austin Marrs, CFP® - Managing Member - Year of Birth: 1988 Business Background: TSA Wealth Management, Managing Member, October 2022 – Present Tri-Star Advisors, Inc., Investment Advisor Representative, July 2018 – December 2022 Calton & Associates, Inc., Registered Advisor, January 2015 – December 2022 Parallax Investments, LLC, Investment Advisor, January 2012-July 2018 Parallax Capital, LP, Investment Advisor Representative, January 2012-December 2014 Tri-Star Financial, Sales Assistant, September 2011-December 2014 • • • • • • Educational Background: Stephen F. Austin University, School of Business, Bachelor of Arts in Finance, Graduated: 2011 • RELEVANT DESIGNATIONS: CERTIFIED FINANCIAL PLANNER™ (CFP®) I am certified for financial planning services in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). Therefore, I may refer to myself as a CERTIFIED FINANCIAL PLANNER™ professional or a CFP® professional, and I may use these and CFP Board’s other certification marks (the “CFP Board Certification Marks”). CFP® certification is voluntary. No federal or state law or regulation requires financial planners to hold CFP® certification. You may find more information about CFP® certification at www.cfp.net. CFP® professionals have met CFP Board’s high standards for education, examination, experience, and ethics. To become a CFP® professional, an individual must fulfill the following requirements:  Education – Earn a bachelor’s degree or higher from an accredited college or university and complete CFP Board-approved coursework at a college or university through a CFP Board Registered Program. The coursework covers the financial planning subject areas CFP Board has determined are necessary for the competent and professional delivery of financial planning services, as well as a comprehensive financial plan development capstone course. A candidate may satisfy some of the coursework requirement through other qualifying credentials.  Examination – Pass the comprehensive CFP® Certification Examination. The examination is designed to assess an individual’s ability to integrate and apply a broad base of financial planning knowledge in the context of real-life financial planning situations.  Experience – Complete 6,000 hours of professional experience related to the personal financial planning process, or 4,000 hours of apprenticeship experience that meets additional requirements.  Ethics – Satisfy the Fitness Standards for Candidates for CFP® Certification and Former CFP® Professionals Seeking Reinstatement and agree to be bound by CFP Board’s Code of Ethics and Standards of Conduct (“Code and Standards”), which sets forth the ethical and practice standards for CFP® professionals. Individuals Who Become Certified Must Complete The Following Ongoing Education And Ethics Requirements To Remain Certified And Maintain The Right To Continue To Use The CFP Board Certification Marks:  Ethics – Commit to complying with CFP Board’s Code and Standards. This includes a commitment to CFP Board, as part of the certification, to act as a fiduciary, and therefore, act in the best interests of the client, at all times when providing financial advice and financial planning. CFP Board may sanction a CFP® professional who does not abide by this commitment, but CFP Board does not guarantee a CFP® professional's services. A client who seeks a similar commitment should obtain a written engagement that includes a fiduciary obligation to the client. March 9, 2026 16   Continuing Education – Complete 30 hours of continuing education hours every two years to maintain competence, demonstrate specified levels of knowledge, skills, and abilities, and keep up with developments in financial planning. Two of the hours must address the Code and Standards. Form ADV, Part 2B, Item 3 Disciplinary Information Mr. Marrs does not have any reportable disciplinary disclosures. Form ADV, Part 2B, Item 4 Other Business Activities Austin Marrs has a financial industry affiliated business as an independent insurance agent. Not more than 5% of his time is spent on these activities. From time to time, he offers clients advice or products from those activities. He may receive separate yet typical compensation in the form of commissions for the sale of insurance products. These practices represent a conflict of interest because it gives Mr. Marrs an incentive to recommend products based on the commission amount received. This conflict is mitigated by the fact that Mr. Marrs has a fiduciary responsibility to place the best interest of the client first and the clients are not required to purchase any products. Clients have the option to purchase these products through another insurance agent of their choosing. Form ADV, Part 2B, Item 5 Additional Compensation Austin Marrs does not receive any economic benefit from anyone who is not a client, for providing advisory services. Form ADV, Part 2B, Item 6 Supervision TSA Wealth Management has written supervisory procedures in place that are reasonably designed to detect and prevent violations of the securities laws, rules, and regulations of the US Investment Advisers Act of 1940, as amended (the "Advisers Act"). Austin Marrs is supervised by Crystal McKeon, TSA Wealth Management’s Chief Compliance Officer. Ms. McKeon can be reached at (713) 735-9238. Form ADV, Part 2B, Item 7 Requirements for State-Registered Advisers This is not applicable as TSA Wealth Management is not a state-registered adviser. March 9, 2026 17  Part 2b of Form ADV: Firm Brochure Item 1, Cover Page CRYSTAL A. MCKEON, CFP® 5718 Westheimer, Suite 950 Houston, TX 77057 Phone: (713) 735-9238 FORM ADV PART 2 BROCHURE supplement This brochure supplement provides information about Crystal A. McKeon that supplements the TSA Wealth Management LLC brochure. You should have received a copy of that brochure. Please contact Crystal A. McKeon if you did not receive a TSA Wealth Management LLC’s brochure or if you have questions about this supplement. Ms. McKeon’s CRD number is 4690796. Additional information about Crystal A. McKeon is also available on the SEC’s website at www.adviserinfo.sec.gov. March 9, 2026 18  Form ADV, Part 2B, Item 2 Educational Background and Business Experience Crystal A. McKeon - Chief Compliance Officer - Year of Birth: 1981 Business Background: TSA Wealth Management LLC, Chief Compliance Officer, October 2022- Present Tri-Star Advisors, Inc., Investment Advisor Representative, July 2018 – January 2023 Calton & Associates, Inc., Registered Representative, January 2015 – January 2023 Parallax Investments, LLC, Chief Compliance Officer & Investment Advisor Representative, September 2009 – July 2018 Tri-Star Financial, Registered Representative, July 2009 – December 2014 • • • • • Educational Background: • University of Houston, School of Business, Bachelor of Arts in Marketing RELEVANT DESIGNATIONS: CERTIFIED FINANCIAL PLANNER™ (CFP®) I am certified for financial planning services in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). Therefore, I may refer to myself as a CERTIFIED FINANCIAL PLANNER™ professional or a CFP® professional, and I may use these and CFP Board’s other certification marks (the “CFP Board Certification Marks”). CFP® certification is voluntary. No federal or state law or regulation requires financial planners to hold CFP® certification. You may find more information about CFP® certification at www.cfp.net. CFP® professionals have met CFP Board’s high standards for education, examination, experience, and ethics. To become a CFP® professional, an individual must fulfill the following requirements:  Education – Earn a bachelor’s degree or higher from an accredited college or university and complete CFP Board-approved coursework at a college or university through a CFP Board Registered Program. The coursework covers the financial planning subject areas CFP Board has determined are necessary for the competent and professional delivery of financial planning services, as well as a comprehensive financial plan development capstone course. A candidate may satisfy some of the coursework requirement through other qualifying credentials.  Examination – Pass the comprehensive CFP® Certification Examination. The examination is designed to assess an individual’s ability to integrate and apply a broad base of financial planning knowledge in the context of real-life financial planning situations.  Experience – Complete 6,000 hours of professional experience related to the personal financial planning process, or 4,000 hours of apprenticeship experience that meets additional requirements.  Ethics – Satisfy the Fitness Standards for Candidates for CFP® Certification and Former CFP® Professionals Seeking Reinstatement and agree to be bound by CFP Board’s Code of Ethics and Standards of Conduct (“Code and Standards”), which sets forth the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements to remain certified and maintain the right to continue to use the CFP Board Certification Marks:  Ethics – Commit to complying with CFP Board’s Code and Standards. This includes a commitment to CFP Board, as part of the certification, to act as a fiduciary, and therefore, act in the best interests of the client, at all times when providing financial advice and financial planning. CFP Board may sanction a CFP® professional who does not abide by this commitment, but CFP Board does not guarantee a CFP® professional's services. A client who seeks a similar commitment should obtain a written engagement that includes a fiduciary obligation to the client. March 9, 2026 19   Continuing Education – Complete 30 hours of continuing education hours every two years to maintain competence, demonstrate specified levels of knowledge, skills, and abilities, and keep up with developments in financial planning. Two of the hours must address the Code and Standards. Form ADV, Part 2B, Item 3 Disciplinary Information Ms. McKeon does not have any reportable disciplinary disclosures. Form ADV, Part 2B, Item 4 Other Business Activities Crystal A. McKeon does not have any other business activities to report. Form ADV, Part 2B, Item 5 Additional Compensation Crystal A. McKeon does not receive any economic benefit from anyone, who is not a client, for providing advisory services. Form ADV, Part 2B, Item 6 Supervision TSA Wealth Management LLC has written supervisory procedures in place that are reasonably designed to detect and prevent violations of the securities laws, rules, and regulations of the US Investment Advisers Act of 1940, as amended (the "Advisers Act"). Ms. McKeon is TSA Wealth Management LLC’s Chief Compliance Officer, therefore she is responsible for all of the activities that occur on behalf of TSA Wealth Management LLC and its clients. Ms. McKeon can be reached at (713) 735-9238. Form ADV, Part 2B, Item 7 Requirements for State-Registered Advisers This is not applicable as TSA Wealth Management is not a state-registered adviser. March 9, 2026 20