Stolper Asset Management was founded in 2002 by Jon Stolper, who is the Chief Investment Officer and Portfolio Manager. The Adviser provides portfolio management for clients through discretionary accounts for a fee based on a percentage of the assets under management. The Adviser also publishes quarterly newsletters free of charge to clients and prospects. The Adviser focuses primarily on serving individuals, trusts, estates, charitable organizations, corporations, and other business entities with the following types of investments:
• Equity securities (exchange-listed, over-the-counter, and foreign issuers)
• Corporate debt securities (other than commercial paper)
• Exchange-Traded Funds
• Closed-End Funds
• Preferred securities
• Real Estate Investment Trusts
• Master Limited Partnerships
• Commercial paper
• Certificates of Deposit
• Municipal securities
• U.S. Government securities As of December 31, 202 3, the Adviser had the following in assets under management: 0 Total Assets: $ 264,076,766 Advisory services are tailored to the needs of each client’s specific situation. However, clients are not allowed to impose restrictions on investments at this time. For more information regarding the Adviser’s methods of analysis and investment strategies, please refer to Methods of Analysis, Investment Strategies and Risk of Loss sections of this brochure. The only advisory accounts offered by Stolper Asset Management are discretionary wrap programs. These programs are not the lowest cost Discretionary : $264,076,766 Non-Discretionary: $ alternative for all investors, particularly “buy and hold” investors and investors in fixed-income securities. Our Investment Adviser Representatives have a financial incentive to recommend the wrap programs, which creates an inherent conflict of interest. Stolper Asset Management ensures that this conflict of interest is addressed in the following ways:
• Disclosing all identified conflicts of interest prior to making recommendations to clients. The disclosures are made in writing (this brochure and Form CRS), and verbally when discussing recommendations with clients.

• Only recommending accounts that are in a client’s best interest, ensuring that our recommendations align with the client’s stated investment objectives, investment timeframe, financial condition, tax status, and risk profile. Examples in which we might recommend an Advisory account: ° Clients with more than $100,000 to invest ° Clients seeking discretionary investment management ° Clients with a long-term investment horizon Examples in which we might recommend a Brokerage account: °

Clients with less than $100,000 to invest ° Clients seeking fixed income investments totaling more than $100,000 ° Clients seeking a “buy and hold” investment strategy ° Clients with short-term investment horizons ° Clients who prefer making their own investment decisions
• Prohibiting compensation or other benefits (financial or otherwise) to our Representatives that might provide incentive to make recommendations against clients’ best interest – for example, compensation based on quotas, bonuses, sales contests, special awards based on the product sold, accounts recommended, AUM, or services provided; forgivable loans based upon the achievement of specified performance goals related to asset accumulation, revenue benchmarks, client transfer, or client retention.

• Allowing our Investment Advisor Representatives to also serve as Registered Representatives of R aymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, a broker-dealer that offers more appropriate vehicles for investors whose best interest is not served by a discretionary wrap program. Jon Stolper is a Registered Representative of RJFS, and Susan McDonald is not. Privacy Notice Stolper Asset Management is committed to protecting confidentiality of the information furnished to us by our clients. We are providing you this information as required by Regulation S-P adopted by the Securities and Exchange Commission. Information about you that we collect. We collect nonpublic personal information about you from information we receive from you on applications or other forms or through our Website and information about your transactions with us. How we protect your confidential information. Stolper Asset Management has policies that restrict access to nonpublic personal information about you to those employees who have need for that information to provide investment alternatives or services to you, and to employees who assist those who provide investment alternatives or services to you. We maintain physical, electronic and procedural safeguards to protect your nonpublic personal information. Our use of information about you. We share information about you with Raymond James & Associates (“RJA”), member NYSE/SIPC as the Custodian of all client accounts for everyday business purposes such as processing your transactions and maintaining your accounts. As required, we may also share information about you in response to court orders or reporting to credit bureaus. We do not share any of your personal information with RJA or any other company for their marketing purposes.