Wallick Investments, LLC

Wallick Investments, LLC 2118 Lincoln Street Columbia, SC 29201 wallickinvestments.com This brochure provides information about the qualifications and business practices of Wallick Investments, LLC. If you have any questions about the contents of this brochure, please contact us at (803) 699-9400 or Danwallick@wallickinvestments.com. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Being “registered” does not imply a certain level of skill or training. Additional information about Wallick Investments, LLC is also available on the SEC’s website at www.adviserinfo.sec.gov. Wallick Investments, LLC’s CRD number is: 162976. Date of current brochure: August 24, 2026  2. Material changes from our last brochure/ADV Form Part 2, dated February 4, 2026 Form ADV Part 2 requires registered investment advisors to amend their brochure when information becomes materially inaccurate. If there are any material changes to an adviser's disclosure brochure, the adviser is required to notify you and provide you with a description of the material changes. Since our last annual updating amendment, dated 03/28/2025, we have made the following material changes to our Brochure • Item 5 has been updated to reflect new fees. 2  3. Table of Contents Item # Item Page 1 2 2 3 3 4 5 5 7 7 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. Cover page Material Changes Table of Contents Advisory Business Fees and Compensation Performance-Based Fees and Side by Side Management Types of Clients Methods of Analysis, Investment Strategies and Risk of Loss Disciplinary Information Other Financial Industry Activities and Affiliations Code of Ethics, Participation or Interest in Client Transaction and Personal Trading Brokerage Practices Review of Accounts Client Referrals and Other Compensation Custody Investment Discretion Voting Client Securities Financial Information 7 7 8 8 9 9 10 10 3  4. Advisory Business A. Wallick Investments is a Limited Liability Company established in Camden, South Carolina in June of 2005. Our offices are currently located at 2118 Lincoln Street in Columbia, SC. We have four principle members/owners: Daniel T. Wallick, Susan H. Wallick, Patricia Stoner and J. Wade Stinnette, Jr. Mr. Wallick is our managing partner, compliance officer and chief investment officer. B. Wallick Investments, LLC specializes in discretionary investment management services. C. Investment Management and advisory services are both tailored to investors’ goals, time horizons and risk tolerances. Within discretionary investments management accounts, Wallick Investments, LLC may purchase securities outside the Wallick Investments models for individual client accounts. However, this should be on rare occasions and clients may not define what is included in the individual Wallick Investment models. On request, Wallick Investments may create a customized model. D. Wallick Investments, LLC does not participate in any wrap fee program. However, Wallick Investments owns the Fidelis Multi-Factor Index which is replicated by Inspire in an ETF format for their Inspire Fidelis Multi-Factor ETF; Ticker FDLS. The Fidelis Index has also been licensed to be replicated in a separate account format by another third-party provider. Wallick Investments receives a licensing fee based and assets in these associated investment solutions. E. As of July 31, 2026, Wallick Investments, LLC managed $168,303,749in assets on a discretionary basis. 5. Investment Management Fees and Compensation A. Wallick Investments’ fees for investment management are a percentage of a client’s assets under management. The percentage is based on a client’s risk tolerance and assets under management. Wallick Investments can add greater value to portfolios weighted more heavily towards equities. Following is the Wallick Investments’ maximum fee schedule. Conservative 401K Plans Assets Managed Moderate Balanced Aggressive Moderately Aggressive Growth Very Conservative Defensive <$250,000 1.25% 1.25% 1.25% 1.25% 1.25% 1.20% 1.20% 1.15% 1.10% 1.05% Portfolios of funds or ETFs .60% $250,000- 499,999 1.00% .95% .90% .85% .80% $500,000- 999,999 Individual fund or ETF .35% 4  $1,000,000 .80% .75% .70% .65% .60% Fees may be negotiable. Clients who joined Wallick Investments before August 2022 received a discount to offset licensing fee Wallick Investments receives associated with Inspire’s EFT FDLS. The associated advisory fees are charged quarterly in advance and are based upon assets under management. The first billing will occur within the first 30 days of signing the client agreement. If a written request to terminate the client agreement is received, Wallick Investments will issue a pro-rated refund for the remainder of that quarter. B. In addition to quarterly Wallick Investments advisory fees, clients will also incur brokerage and custodian fees. For clients using FOLIOfn/Goldman Sachs brokerage and custodian services, the related fee schedule is as follows: On assets (per client) above: Fee as a % of assets .15% .12% .10% .07% .05% .03% $0.01 $250,000 .01 $500,000.01 $1,000,000.01 $5,000,000.01 $10,000,000.01 Up to and including assets (per client) of: $250,000.00 $500,000.00 $1,000,000.00 $5,000,000.00 $10,000,000.00 On Up All clients using FOLIOfn/Goldman Sachs Investments for brokerage services will have fees deducted directly from their accounts. FOLIOfn/Goldman Sachs billing notices go out approximately 10 days in advance. Clients not using FOLIOfn/Goldman Sachs will have their fees calculated by Wallick Investments and directly deducted from their accounts. At the client’s request, Wallick Investments will invoice the client. Fees are deducted and invoices are sent on a quarterly basis. C. Clients using Charles Schwab as their custodian may incur trading fees. (Please see custodial agreement). D. When Wallick Investments purchases mutual funds or exchange traded funds for a client’s portfolio, the client will incur the associated management fees. These fees are deducted directly from the reported value of the funds. Please see section 12 for additional brokerage related information. E. Wallick Investments receives a licensing fee of .15% for assets allocated to the Inspire Fidelis Multi-Factor ETF (NYSE ticker: FDLS). This ETF is charged with replicating Wallick Investments’ Fidelis Multi-Factor Index. F. Investment Advisement fees Maximum of .75% of investable assets. The is no minimum asset level, however there is a minimum fee of $500. This fee could be one-time or ongoing. Under this agreement, Wallick Investments, LLC will provide advice, but clients will be responsible for implementing, 5  including establishing accounts and making recommended suggestions within their own accounts. 6. Performance-Based Fees Wallick Investments does not accept performance-based fees. 7. Types of Clients Wallick Investments offers our services to individuals, trusts, endowments, foundations and other non-affiliated advisors and institutions. The minimum account size for continuous investment advisory services is $200,000. 8. Methods of Analysis, Investment Strategies and Risk of Loss A. Wallick Investments relies heavily on quantitative analysis for equity security selection. We consider two types of factors for equity selection: opportunistic and defensive. For both, Wallick Investments, LLC uses a proprietary factor-based security-selection strategy that leverages research data from two well-known independent providers, Morningstar® and Zacks®. The Wallick Investments’ equity selection process identifies companies with the following factors and characteristics: Opportunistic Factors (Value and Momentum) • Reasonable valuation ratios • Strong price and earnings momentum Defensive Factors (Quality and Low Volatility) • Above-average growth • Above-average profitability • Above-average financial health • Above average dividend yield • Low Beta and/or Standard Deviation WI’s Fidelis portfolio is a core equity portfolio and has close to a neutral weighting to Quality, Value and Momentum opportunistic and defensive factors. As of August 2022, the sole holding of the WI Fidelis portfolio became the Inspire Fidelis Multi-Factor ETF (ticker:FDLS) with a mandate of replicating the WI Fidelis Multi-Cap Multi-Factor Index. The WI Fidelis portfolio seeks to outperform its primary benchmark the Russell 1000 Equal Weight Index. WI’s Excelsis portfolio is a core equity portfolio that holds primarily large-cap equities and may make modest tactical adjustments. These tactical adjustments may include changes to market 6  exposure (beta) and/or sector or equity factor tilts. WI’s Excelsis portfolio may allocate a material portion of its holdings to WI Fidelis. WI’s Tactical Asset Allocation portfolio may invest in any publicly available security (long or short) to provide clients with an alternative to traditional stocks and bonds. The Tactical Asset Allocation portfolio may hold stocks, bonds, commodities or currencies primarily through managed futures contracts. The benchmark for the Tactical Asset Allocation portfolio is 65% Commodities (DJP) and 35% short-term treasury bills (BIL). Wallick Investments, LLC has one fixed income/bond strategy. Depending on the interest rate environment, we will tactically adjust the allocations to a diversified set of fixed income mutual or exchange traded funds. B. A client’s actual allocation to WI portfolios is dependent on their risk tolerance, time frames and goals and objectives. Investing in equity, fixed income and hedge related securities involves risk of loss that clients should be prepared to bear. The amount of risk (from an academic perspective) is directly correlated with the level of expected return. All our strategies comply with the US Conference of Catholic Bishops Investment Guidelines and new holdings will not have a negative Inspire Social Impact Score at time of purchase. Inspire’s Social Impact Score is a faith-based security selection methodology that seeks to identify the most inspiring, biblically aligned companies in the world. The Inspire Impact Score utilizes both positive inclusionary and negative exclusionary screens Inspire in the scoring process. The result is a rules-based system of excluding companies which are operating at odds with biblical values. Learn more at www.inspireinvesting.com/impact-score finding companies which are operating as blessings to their customers, communities, workforce and the world, and C. For each of our strategies, there is a “material risk” of loss of principal. Following is the brief discussion of the types of risks associated with all investment strategies. a. Equity risk: the risk that stock prices and/or the implied volatility will change. b. Interest rate risk: the risk that interest rates and/or the implied volatility will change. For each of our strategies, there is also a “material risk” of loss of principal specific to each model. Following is a brief discussion of the types of risks associated with our specific models. c. Market cap risk: the risk that stock prices and/or the implied volatility will change due specifically to the size of the companies held (Large, Mid, Small). d. Style risk: the risk that interest rates and/or the implied volatility will change due to a specific style of investing (growth, value, momentum, absolute, socially or morally responsible, etc.) 7  e. Currency risk: the risk that foreign exchange rates and/or the implied volatility will change. (Hedge, International) f. Commodity risk: the risk that commodity prices (e.g. corn, copper, crude oil) and/or implied volatility will change. (Hedge) g. Social Impact Screening: the risk screening will limit the pool of investment options to such a degree that a diversified portfolio with expected factor exposure cannot be achieved. Social Impact Screening risks being out of favor and may trial the overall market and benchmarks. In addition to the risk associated with all investment strategies and our specific models, the Wallick Investment strategies have risks associated with active management. Active strategies tend to increase portfolio turnover and if a client does not use a broker that charges a flat fee based on assets under management, such as FOLIOfn/Goldman Sachs, clients may incur additional costs. Higher turnover also has the potential to increase taxes associated with capital gains. There is no guarantee that the Wallick Investment selection criteria will add value to clients’ portfolios. D. Wallick Investments strongly recommends asset allocation and security diversification. Our core equity portfolios maintain sector diversification of plus or minus 8% of the benchmark and all client portfolios are allocated according to the individual clients’ risk tolerance and time horizon. Individual client’s allocations will be defined in their Investment Policy Statements. 9. Disciplinary Information Wallick Investments, LLC has no legal or disciplinary events to disclose. 10. Other Financial Industry Activities and Affiliations As noted above Wallick Investments, LLC owns and manages the Fidelis Multi Factor Index which is replicated by other investment institutions. Wallick Investments, LLC receives a licensing fee for assets allocated to replicating products. Wallick Investments, LLC has no other financial industry activities or affiliations to disclose. 11. Code of Ethics, Participation or Interest in Client Transactions and Personal Trading A. Wallick Investments, LLC agrees to uphold the CFA Society’s code of Ethics as well as its Asset Manager Code of Professional Conduct. B. Members and managers may buy or sell securities that are also recommended to Wallick Investment clients. The potential conflict of interest associated with these transactions will be included in every client agreement. To fully disclose and/or minimize any risk of possible conflicts of interest, Wallick Investments: 8  1. Limits manager and member individual equity holdings to a maximum of 5%. This does not include mutual funds or exchange traded funds. 2. Requires all managers and members to disclose all their holdings to our corporate compliance officer at least annually. 3. Will not transact member/manager trades prior to discretionary client transactions. 4. Upon request, will provide investment management clients with a listing of all member/manager holdings and buy/sell activity for the previous three months (excluding associated value). 12. Brokerage Practices For all standard client relationships, except where a client has directed Wallick Investments, LLC to use a specific broker, Wallick Investments will recommend a custodian/broker to be utilized. Wallick Investments, LLC selects and recommends brokers based on best available price (commissions) and most favorable execution. Occasionally, clients will request or require Wallick Investments, LLC to select a certain broker-dealer to execute transactions on their behalf. By directing brokerage, clients forego potential benefits from savings on commissions and execution costs that Wallick Investments may be able to obtain for other clients through negotiated volume discounts. Wallick Investments does not direct brokerage to any broker-dealers as compensation for client referrals and we do not have any commission recapture agreements with broker-dealers under which a portion of the commission dollars are used to pay our operating costs or expenses. We also do not accept “soft dollars” for research provided by any brokers or their affiliates. Wallick Investments will recommend clients establish a custodian account with select firms. Currently, Goldman Sachs and Charles Schwab. These relationships will allow Wallick Investments to trade directly with that custodian. If a client elects to have another broker/dealer or custodian, we will require them to acknowledge in writing that Wallick Investments will not have authority to negotiate commissions and the best execution may not be achieved. In addition, these clients may pay commission rates higher than our other clients. Wallick Investments has access to research, products, or other services from its broker/dealer in connection with client securities transactions (“soft dollar benefits”) consistent with (and not outside of) the safe harbor contained in Section 28(e) of the Securities Exchange Act of 1934, as amended, and may consider these benefits in recommending brokers. 13. Review of Accounts Investment Management clients will receive monthly account statements from their custodian and quarterly performance reviews and commentary from Wallick Investments LLC. Clients may also accept a quarterly invitation to set up a meeting to discuss the performance in person or via phone. 9  All reviews will include analysis of overall portfolio performance. There will be one reviewer for each account. The reviewers will be titled “portfolio manager.” As of July 1, 2024, Daniel T. Wallick and J. Wade Stinnette Jr. are our portfolio managers. 14. Client Referrals and Other Compensation A. Wallick Investments, LLC does not receive any economic benefit from anyone who is not a client. However, Wallick Investments does enter into written sub-advisory agreements with other third-party advisors to provide investment management services to their clients for a portion of the clients’ overall fee. Currently Wallick Investments has no such agreements, however Wallick Investments does have a licensing agreement with Inspire Investing. Details are listed in section 5.E. B. Wallick Investments, LLC may enter into written agreements with solicitors (referring parties) to refer clients to Wallick Investments, LLC. If a referred client enters into an agreement with Wallick Investments, LLC, a referral fee (based upon a percentage of the client advisory fee generated) is paid to the referring party. The referral arrangement between any referring party and Wallick Investments, LLC will not result in any charges to the client in addition to the normal level of advisory fees charged. Pursuant to Rule 206(4)-3, in addition to a Wallick Investments, LLC Disclosure Document, a “Solicitor’s Separate Written Disclosure,” listing compensation to be paid to solicitors, is provided to the client prior to or at the signing of a Wallick Investments, LLC Advisory Agreement. Applicant’s referral agreement is in compliance with the federal regulations as set out in 17 C.F.R. Section 275-206(4)-3, and each client is required to sign a copy of the “Solicitor’s Separate Written Disclosure” document at the time of entering into an advisory contract in any jurisdiction. Wallick Investments, LLC will evaluate appropriate risk tolerances and investment time frames for all new clients. Anyone who solicits business for Wallick Investments, LLC will register as a registered investment advisory representative either of Wallick Investments, LLC or another registered investment advisory firm. As of December 31, 2025, Wallick Investments, LLC has no solicitor agreements in force. As noted above Wallick Investments, LLC owns and manages the Fidelis Multi Factor Index which is replicated by other investment institutions. Wallick Investments, LLC receives a licensing fee for assets allocated to replicating products. 15. Custody Wallick Investments, LLC does not have custody of clients’ funds or securities. 10  16. Investment Discretion A client’s investment management agreement with Wallick Investments, LLC will be for discretionary services. For discretionary accounts, Wallick Investments, LLC has the authority to execute transactions on behalf of the client without obtaining specific client consent. This includes the securities to be bought or sold and amount to buy or sell. The only limitations on the investment authority will be those limitations imposed in writing by the client. A client’s investment advisory agreement will be for non-discretionary services. The planning solutions as well as the securities to be bought or sold and amount to buy or sell must be executed by the client for their own accounts. The adviser will also develop with the client (both discretionary and non-discretionary) an investment policy statement which will outline some of the portfolio management parameters such as asset allocation and stock selection criteria as well as any client-imposed restrictions. 17. Voting Client Securities Wallick Investments, LLC does not vote proxies for our clients. All clients have access to proxy information through their broker-dealer/custodian. If a client has a question about voting a proxy, they may call us to discuss. 18. Financial Information Wallick Investments, LLC does not require or solicit prepayment of $1,200 or more in fees per client, six months or more in advance. Wallick Investments is not aware of any conditions that are reasonably likely to impair our ability to meet contractual commitments to our clients. 11