Description of Advisory Firm Painted Porch Advisors LLC (“Painted Porch,” “we,” “our,” or “us”) is a privately owned limited liability company registered as an investment adviser with the U.S. Securities and Exchange Commission (“SEC”). Painted Porch is managed and owned as follows:
• Brian Lloyd - 55% Owner, and Managing Member
• Kurt Schliemann - 35% Owner, and Member
• James Castanino - 10% Owner, and Member Advisory Services Offered Painted Porch offers comprehensive wealth management services to our clients. Our investment management, financial planning, and all other related services are offered on an integrated basis and all are included in our typical client engagement. Investment Management Services Painted Porch offers advice to clients regarding asset allocation and the selection of investments. Investment management services include designing, implementing, and continued monitoring of the client’s account. Painted Porch will invest the account on a fully discretionary basis, limited only by the client’s individual needs and any restrictions imposed on the account. We will typically allocate client portfolios among traditional marketable securities (money market instruments, bonds, preferred stocks, common stocks, and real estate investment trusts). We also utilize exchange traded funds and mutual funds where appropriate for diversification needs. Painted Porch may also occasionally offer advice regarding additional types of investments if they are appropriate to address the individual needs, goals, and objectives of the client or in response to client inquiry. Painted Porch may offer investment advice on any investment held by the client at the start of the advisory relationship or acquired by the client during the relationship. We describe the material investment risks for many of the securities that we recommend under the heading Specific Security Risks in Item 8 below. We discuss our discretionary authority below under Item 16 - Investment Discretion. For more information about the restrictions clients can put on their accounts, see Tailored Services and Client Imposed Restrictions in this item below. We describe the Fees charged for investment management services below under Item 5 - Fees and Compensation. Non-Discretionary Accounts Painted Porch also offers investment advisory services to clients on a non-discretionary basis. For these clients Painted Porch will contact the client before making recommendations it deems appropriate for the client. See also Item 16 – Investment Discretion below. Proprietary Private Funds Painted Porch PE GP, LLC and Painted Porch RE GP, LLC act as the applicable general partners of five proprietary private funds, Painted Porch PE 1, L.P., Painted Porch RE 1, L.P., Painted Porch RE 2022, L.P., Painted Porch Rallyday 2, L.P. and Painted Porch RE 2023, L.P. (the “Funds”), organized to make private equity investments. The Funds are available only to “Accredited Investors,” as the term is defined by Rule 501 of the Securities Act of 1933, and only by a private offering memorandum. Additional information on these standards is provided in the offering documents for the Funds. This Form ADV Part 2A Brochure is not an offer to sell, or a solicitation of an offer to purchase, interests in any of the Funds. Financial Planning Services Painted Porch offers a range of financial planning services, from broad planning to custom planning focused on specific areas requested by the client. Painted Porch prefers to conduct a long-term cash flow analysis to help clients determine an appropriate asset allocation. Generally, Painted Porch will deliver a plan to each client. Painted Porch offers to update the plan annually at no charge. There may be circumstances when a financial plan is not necessary. As part of the financial planning process, Painted Porch typically requests information from the client about the client’s financial situation and needs, including: net worth, income, expenses, taxes, investments, retirement plans, life insurance, disability insurance, health insurance, long term care insurance, business agreements, divorce papers, pre-nuptial agreements, estate documents, and any other documents that pertain to their overall financial picture. In addition, Painted Porch asks the client about their future goals, financial circumstances and objectives. Painted Porch then assists clients with developing a personalized plan. Typically, we develop the plan with the client over several in-person or video conference meetings. Painted Porch may also work with the client to provide advice regarding a particular aspect of the client’s financial situation. Areas of focus might include: 1. Preparing for or living in retirement 2. Investment strategies 3. Estate planning strategies 4. Income tax planning 5. Stock option analysis and planning 6. Insurance: life, disability, medical, long-term care insurance 7. Family savings and cash flow planning 8. Education planning and funding 9. Charitable gifting 10. Debt management 11. Employee benefit usage 12. Other, as determined between Painted Porch and the client Our financial planning services do not include preparation of any kind of income tax or estate tax returns or preparation of any legal documents, including wills or trusts. We provide financial planning services as a component of our integrated wealth management services. We describe our fees for investment management and retainer services below under Item 5 - Fees and Compensation. Retainer Services In certain selective situations, we offer retainer

services to clients who desire continuing financial planning services or investment management services for portfolios which contain dissimilar assets requiring varying amounts of time for supervision and management. For example, dissimilar assets may include low cost basis stock. Upon client request, we will monitor dissimilar assets on an ongoing basis. We describe the fees charged for retainer services below under Item 5 - Fees and Compensation. Consulting Services For certain clients or particular circumstances, as described below, Painted Porch may also provide consulting services. The specific scope of any engagement to provide consulting services is agreed upon with the client. Real Estate Consulting Our real estate consulting services may include any or all of the following: (i) consulting services in connection with proposed purchase and sale transactions; (ii) formulating investment, tax, estate, and multi-generational strategies; (iii) advice on property management; and (iv) consultation services with respect to real estate limited partnerships and other real estate-focused private funds. Foundation/Endowment Advisory Services Our consulting services for foundations or endowments may include any or all of the following: (i) acting as a consulting chief investment officer for the organization and overseeing asset managers, risk profile of the portfolio, performance and other factors on a non-discretionary basis; (ii) assisting with the development and maintenance of an effective spending policy designed to protect the long-term viability of the organization’s assets; (iii) assisting with development of a clear governance process to confirm that investment decisions are properly vetted; and (iv) assisting or leading on education of the organization’s board or committee members on important topics and policies related to stewardship of the organization’s assets and investments. Corporate Advisory Services Our corporate consulting services may include any or all of the following: (i) employee benefits consulting (401k plans, insurance, etc.); (ii) financial planning services for executives and other employees; (iii) objective strategic business guidance for owners and/or entrepreneurs; (iv) advice on succession planning and enhancing business value; and (iv) advice with respect to potential financing and other corporate finance transactions. Limitations on Investments In some circumstances, Painted Porch’s advice may be limited to certain types of securities. Limitation by Plan Sponsor/Employer In the event Painted Porch is managing assets within a retirement plan such as 401(k) or other employer plan, Painted Porch is limited to those investment providers and investment options chosen by the plan administrator. Similarly, when we provide services to participants in an employer-sponsored plan, the participant may be limited to investing in securities included in the plan’s investment options. Therefore, Painted Porch can only make recommendations to the client from among the available options and will not recommend or invest the client’s account in other securities, even if there may be better options elsewhere. Mutual Fund Limitations No Load Mutual Funds Painted Porch generally limits recommendations of mutual funds to no load funds or equivalent investment products. Limitation by Custodian There may also be limitations on the mutual funds that we recommend. Clients establish brokerage accounts with Schwab Institutional®, a division of Charles Schwab & Co., Inc. (“Schwab”), registered broker-dealer, Member SIPC. Limitation by Client Painted Porch may also limit advice based on certain client-imposed restrictions. For more information about the restrictions clients can put on their accounts, see Tailored Services and Client Imposed Restrictions in this Item below. Tailored Services and Client Imposed Restrictions Painted Porch manages client accounts based on the asset allocation the client chooses, as discussed below under Item 8 - Methods of Analysis, Investment Strategies, and Risk of Loss. Painted Porch applies the strategy for each client, based on the client’s individual circumstances and financial situation. We make investment decisions for clients based on information the client supplies about their financial situation, goals, and risk tolerance. Our recommendations may be limited if the client does not provide us with accurate and complete information. It is the client’s responsibility to keep Painted Porch informed of any changes to their investment objectives or restrictions. Clients may also request other restrictions on the account, such as when a client needs to keep a minimum level of cash in the account or does not want Painted Porch to buy or sell certain specific securities or security types in the account. If a client requests restrictions on certain categories of securities (for socially conscious reasons, for example), Painted Porch may replace that portion of the portfolio with a broad-based exchange traded fund or mutual fund as an asset class substitute. Painted Porch reserves the right not to accept, or the right to terminate, management of a client’s account if we feel that the client-imposed restrictions would limit or prevent us from meeting or maintaining the client’s investment strategy. Assets Under Management Painted Porch manages client assets in discretionary and non-discretionary accounts on a continuous and regular basis. As of December 31, 2023, the total assets under management were: Discretionary Assets $371,811,867 Non-Discretionary Assets 0 Total Assets Under Management $371,811,867