form adv part 2a firm brochuremarch 2016 – firm brochure 1 item 1 – cover pag 2080 s holly st.,...

March 2016 – Firm Brochure 1

ITEM 1 – COVER PAG

2080 S Holly St., #24250 Denver, CO 80224

(303) 539-9077

www.peakstonewealth.com

FORM ADV PART 2A FIRM BROCHURE

March 29, 2016

This brochure provides information about the qualifications and business practices of PeakStone Wealth Management, LLC. If you have any questions about the contents of this brochure, please contact us at (303) 539-9077. 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. PeakStone Wealth Management, LLC, is a Registered Investment Adviser with the State of Colorado. Registration of an Investment Adviser does not imply an endorsement by any regulatory authority, nor does it imply a certain level of skill or training. Additional information about PeakStone Wealth Management, LLC is available on the SEC’s website at www.adviserinfo.sec.gov. You can search this site by using a unique identifying number, known as the CRD number. The CRD number for PeakStone Wealth Management, LLC is 226659.


ITEM 2 - MATERIAL CHANGES Since the last ADV Part 2A Firm Brochure, dated September 1, 2015, there have been no material changes.


ITEM 3 - TABLE OF CONTENTS ITEM 1 – COVER PAGE ............................................................................................................... 1ITEM 2 - MATERIAL CHANGES .................................................................................................. 2ITEM 4 - ADVISORY BUSINESS ................................................................................................. 4ITEM 5 - FEES AND COMPENSATION ....................................................................................... 6ITEM 6 - PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT .................... 10ITEM 7 - TYPES OF CLIENTS ................................................................................................... 10ITEM 8 - METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS ...... 10ITEM 9 - DISCIPLINARY INFORMATION .................................................................................. 13ITEM 10 - OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS ........................ 13ITEM 11 - CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING ............................................................................................................... 14ITEM 12 - BROKERAGE PRACTICES ...................................................................................... 15ITEM 13 - REVIEW OF ACCOUNTS .......................................................................................... 17ITEM 14 - CLIENT REFERRALS AND OTHER COMPENSATION ........................................... 17ITEM 15 - CUSTODY .................................................................................................................. 18ITEM 16 - INVESTMENT DISCRETION ..................................................................................... 18ITEM 17 - VOTING CLIENT SECURITIES ................................................................................. 19ITEM 18 - FINANCIAL INFORMATION ...................................................................................... 19ITEM 19 - REQUIREMENT FOR STATE-REGISTERED ADVISERS ........................................ 19PRIVACY POLICY ...................................................................................................................... 19BUSINESS CONTINUITY PLAN ................................................................................................ 20BROCHURE SUPPLEMENT ...................................................................................................... 22


ITEM 4 - ADVISORY BUSINESS

DESCRIPTION OF THE ADVISORY FIRM PeakStone Wealth Management, LLC, (hereinafter “PSWM,” “firm,” or “we,”) is a Registered Investment Adviser with the State of Colorado. PSWM began conducting its advisory service in 2015. This brochure describes the business conducted by the firm. Throughout this brochure, the client or prospective client may be referred to as “you,” “your,” etc., and refers to a client engagement involving a single person as well as two or more persons. In addition, the term “advisor” and “adviser” are used interchangeably.

PRINCIPAL OWNERS Mr. Uwaila “Will” Osagiede is the President and Principal Owner of PSWM. There are no intermediate subsidiaries nor does the firm control another reportable financial industry entity. Mr. Osagiede serves as the firm’s Chief Compliance Officer and further information about his background may be found in Form ADV Part 2B—BROCHURE SUPPLEMENT.

TYPES OF ADVISORY SERVICES We offer the following advisory services:

• Investment Management • Financial Planning • Wealth Management (financial planning and investment management) • Retirement Plan Advisory

Investment Management PSWM provides Investment Management Services that consist of the management of investment accounts for clients on a discretionary and non-discretionary basis. We manage these accounts based on client-specified guidelines and objectives. PSWM will prepare a financial plan (see the “Financial Planning” section below for details) for an investment management client before we begin managing the client’s assets. Through the financial planning process, we will seek to determine the client’s time horizons, risk tolerance, liquidity needs, suitability and other factors. We will use the information provided by the client and on the financial plan to help us create an Investment Policy Statement for managing the client’s investment portfolio. The investment policy statement is developed as an essential roadmap for future investment decisions. This includes an understanding of risk parameters, asset allocation model, rebalancing guidelines, rules for the investment portfolio, securities restriction, and the rules to be followed to achieve those goals. If an investment management client chooses to not receive a financial plan, PSWM will seek to determine the client’s time horizons, risk tolerance, liquidity needs, suitability and other factors through an alternative data-gathering process. We will use the information gathered through this alternative process to help us create the investment policy statement and manage the client’s investment portfolio. Our investment recommendations are not limited to any specific types of investments. However, we usually implement our investment strategy though open ended, no load mutual funds and exchange-traded funds.


Financial Planning PSWM provides comprehensive Financial Planning Services by performing a thorough evaluation of a client’s current and future financial condition. Prior to engaging us to prepare a financial plan, we define the scope of the relationship between the financial planning client and PSWM in a written agreement, which includes the fee for the plan. The fee for the financial plan will not exceed the cost quoted within the written agreement. The financial planning process begins by gathering all of our client’s relevant data through a comprehensive confidential questionnaire to obtain information about assets and liabilities, income and expenses, risk tolerance and life goals. Using this information we will analyze and evaluate the client’s current financial status, then create financial statements to provide a snapshot of the client’s financial position and asset allocation. We use Net Worth and Cash Flow statements to prepare a long-term financial forecast using various assumptions such as inflation, rates of return, earnings growth, etc. We then have a follow-up Meeting with our client and use the created financial statements and forecast to advise them on any modifications that we deem appropriate to achieve their financial goals in all or some of following areas:

• Cash Flow/Debt Management • Retirement Planning • Income Tax Planning • Education Planning • Risk Management • Estate Planning • Investment Management

Implementation of any recommendations outlined in the financial plan is entirely at the client’s discretion. Clients may choose to implement investments or insurance recommendation as they see fit. However, should the client choose to implement our recommendations, we suggest that they work closely with their attorney, accountant, insurance agent, broker-dealer, and/or investment adviser as required. We may also coordinate with these professionals on the client’s behalf. Financial planning recommendations are not limited to proprietary products or services offered by one specific investment adviser, broker-dealer or insurance company. PSWM does not receive referral fees from these professionals for such referral. Wealth Management PSWM provides Wealth Management Service that combines its investment management service with an ongoing financial planning service as previously described (see the “Financial Planning” and “Investment Management” section above for details). Consulting services Clients can also receive investment advice on a more focused basis. This may include advice on only isolated areas of concern such as business planning or any other specific topic. We also provide specific consultation and administrative services regarding investment and financial concerns of the client. Consulting recommendations are not limited to any specific product or service offered by an investment adviser, broker-dealer or insurance company.


Retirement Plan Services PSWM provides fiduciary services, including Section 3(21) and 3(38) fiduciary services to retirement plans covered under the Employee Retirement Income Security Act (ERISA), including profit sharing and 401(k) plans and defined benefit plans. This service is offered to the plan sponsors. The scope of the relationship to the plan sponsor is defined in the written agreement, including the legal duties under ERISA. The services provided may include, but are not limited to:

• Analysis of the fees and expenses associated with the investments and the service providers. • Provider searches and analysis of services provided by bundled providers, record-keepers and other service

providers. • Selection, monitoring and replacement of investment options. • Benchmarking services and providing of analysis concerning the operations of the Plan. • Assistance with group enrollment meetings designed to increase retirement plan participation among

employees and investment and financial understanding by the employees. • Assist in the education of the plan participants about general financial and investment education, information

based on asset allocation models, and the investment alternatives available under the plan. This educational support will NOT provide plan participants with individualized, tailored investment advice or individualized, tailored asset allocation recommendations. The material provided will be general in nature.

Our fiduciary service under ERISA retirement plans are designed to assist the plan sponsors in meeting their fiduciary obligation to the plan.

CLIENT TAILORED RELATIONSHIPS AND IMPOSED RESTRICTIONS Our advisory services are tailored to the individual needs of our clients. Client goals and objectives are clarified in meetings and correspondence, and are used to determine the course of action for each individual client. Client may request restrictions on investing in certain securities or types of securities. This must be done in writing (through execution of an Investment Policy Statement) and be signed by the client and PSWM. Agreement may not be assigned without client consent.

WRAP FEE PROGRAMS The firm does not sponsor or serve as a portfolio manager in an investment program involving wrapped (bundled) fees.

ITEM 5 - FEES AND COMPENSATION

DESCRIPTION OF FEES AND COMPENSATION How we are compensated for our advisory services depends on the service we are providing. The following describes the fees and compensation for each of our services. Investment Management Fees The annual fee for investment management services is charged as a percentage of assets under management (AUM). The investment management fee ranges from 0.30% to 1.25% of assets under management, depending upon a number of factors including the size, composition and complexity of a client’s portfolio. The annual fee for fixed income assets under management (e.g., bond mutual funds) is calculated at a different rate than the annual fee for equity assets under management (e.g., stock mutual funds).


The standard investment management fee rate for fixed income assets under management is 0.30% per year and does not vary with the account size. The standard investment management fee rate for equity assets under management starts at 1.25% per year, and decreases according to the following schedule.

Market Value of Account Annual Fee Percentage

Cash Balances 0.00%

Fixed Income Assets 0.30%

Equity Graduated Fee Schedule

$1 - $250,000 1.25%

$250,000.01 - $1,000,000 1.00%

$1,000,000.01 - $2,000,000 0.90%

$2,000,000.01 - $3,000,000 0.80%

$3,000,000.01 - $4,000,000 0.70%

$4,000,000.01 - $5,000,000 0.60%

$5,000,000.01 or more 0.50%

Example 1: An investment management client with $800,000 in equity assets under management would be charged 1.25% per year on the first $250,000 of managed equity assets and 1.00% per year on the incremental $550,000 of managed equity assets. Example 2: An investment management client with $1,500,000 in blended equity ($1,200,000) and fixed income ($300,000) assets under management would be charged a flat 0.30% per year on the fixed income portion of the account, then 1.25% per year on the first $250,000, 1.00% on the next $750,000 and 0.90% per year on the remaining $200,000 of managed equity assets.

PSWM does not charge an investment management fee on cash balances (e.g., cash and money market fund balances). Fee Billing and Terms for Investment Management Services The specific manner in which fees are charged by PSWM is established in a client’s written agreement. Fees are payable quarterly in arrears and are calculated based on the market value of the account on the last trading day of the calendar quarter for which services are being billed. In any partial calendar quarter, the management fee is pro-rated based on the number of days that the account(s) was (were) open during the quarter. Fees are typically debited from the client’s account in accordance with the authorization in the client’s account application. In lieu of paying fees by way of direct debit, clients may elect to receive a quarterly invoice and pay their management fees by check. For fees to be debited from the client’s account(s), client must sign a written authorization permitting PSWM to be paid directly from the account(s) held with the qualified custodian. Each time fees are directly deducted from the client’s account, PSWM will send the qualified custodian an invoice specifying the amount of the fee to be deducted from the client’s account and send the client an invoice specifying and itemizing the fee. Itemization includes the formula used to calculate the fee, the amount of assets under management the fee is based on, and the time period


covered by the fee. The qualified custodian will send statements to the client showing all disbursements for the custodian account(s), including the amount of the advisory fee. Financial Planning Fee Fees for financial planning services are determined based on the nature of the services provided. Factors considered when determining the cost of a financial plan include, but are not limited to, the complexity of the plan and the number of hours required to complete the plan. Financial planning fees are quoted as a fixed fee (e.g., $1000) or a fixed fee range (e.g., $1000 – $5000), with the total cost of the financial plan not to exceed the maximum quoted fee. Prospective financial planning clients are advised in writing of the fixed fee or the fixed fee range prior to engaging PSWM for financial planning services. Financial planning services are available to clients who are not and do not plan to become investment management clients of PSWM. Monitoring and future plan updates are separate engagements and will be billed separately. An investment management client with standard equity management fees (as outlined above) with a minimum of $500,000 in billable equity assets under management is able to receive ongoing financial planning services for no additional cost. Billable equity assets under management are defined as equity assets that are included in the calculation of quarterly investment management fees. Consulting Service Fee PSWM’s fees for Consulting Services are calculated and charged on either an hourly or fixed-fee basis. The hourly rate is up to $250/hour. We may request a deposit upon completion of our initial information gathering session with the client. Advance payment, however, will never exceed $500 for work that will not be completed within six months. The balance is due upon completion of the consultation. Fee Billing and Terms for Financial Planning and Consulting Services The specific manner in which fees are charged by PSWM is established in a client’s written agreement. Fees for Financial Planning and Consulting Services are due after the services are rendered and the client receives an invoice. Clients are billed based on criteria listed above. All fees are first disclosed before PSWM begins its services. These fees cannot be paid by direct debit of a brokerage account. Retirement Plan Advisory Fees Our annual fees for Retirement Plan Advisory are based upon a percentage of the market value of the plan held with the qualified custodian, specifically:

Assets Under Advisement

$1 - $5,000,000 0.40%

$5,000,000.01 - $10,000,000 0.30%

$10,000,000.01 - $20,000,000 0.20%

$20,000,000.01 or more 0.10%


Fee Billing and Terms for Retirement Plan Advisory Services The specific manner in which fees are charged by PSWM for Retirement Plan Advisory Service is established in a client’s written agreement. Fees are payable quarterly in arrears and are calculated based on the market value of the account on the last trading day of the calendar quarter for which services are being billed. In any partial calendar quarter, the management fee is pro-rated based on the number of days that the account(s) was (were) open during the quarter. If this Agreement is terminated prior to the end of a billing quarter, any earned, unpaid fees will be due and payable. Clients shall authorize the Plan record-keeper (or other custodian of the Plan assets) in writing to remit the fees directly to PSWM from plan assets; however, if client desires, it may pay the fees directly, rather than with plan assets. However, for fees to be paid from plan assets, client must sign a written authorization permitting PSWM to be paid directly from the account(s) held with the qualified custodian. Each time fees are directly deducted from the client’s account, PSWM will send the qualified custodian an invoice specifying the amount of the fee to be deducted from the client’s account and send the client an invoice specifying and itemizing the fee. Itemization includes the formula used to calculate the fee, the amount of assets under advisement the fee is based on, and the time period covered by the fee. The qualified custodian will send statements to the client showing all disbursements for the custodian account(s), including the amount of the advisory fee, if paid directly from plan assets. General Fee Terms and Information Limited Negotiability of Advisory Fees: Although PSWM has established the aforementioned fee schedules, we retain the discretion to negotiate alternative fees on a client-by-client basis. Client facts, circumstances and needs will be considered in determining the fee schedule. These may include, among other factors, the complexity of the client relationship, assets to be placed under management, anticipated future additional assets, related accounts, portfolio style, account composition and reporting requirements, among other factors. The specific annual fee schedule will be identified in the contract between PSWM and each client. Special client requirements, such as compliance with special investment restrictions or the use of specially designed securities vehicle, and particular facts and circumstances relating to certain accounts, may also result in different fee rates. We will group related client accounts for the purposes of determining the annual fee, unless the client request otherwise. Discounts not generally available to our advisory clients may be offered to family members and friends of associated persons of our firm. Mutual Fund Fees and ETF Fees: All fees paid to PSWM for investment advisory services are separate and distinct from the fees and expenses charged by mutual funds and/or ETFs to their shareholders. These fees and expenses are described in each fund’s prospectus. These fees will generally include a management fee, other fund expenses, and a possible distribution fee. If the fund also imposes sales charges, a client may pay an initial or deferred sales charge. Client with existing position may pay deferred sales charge when fund is liquidated. A client could invest in a mutual fund directly, without our services. In that case, the client would not receive the services provided by our firm which are designed, among other things, to assist the client in determining which mutual fund or funds are most appropriate to each client’s financial condition and objectives. Accordingly, the client should review both the fees charged by the funds and our fees to fully understand the total amount of fees to be paid by the client and to thereby evaluate the advisory services being provided. Limited Prepayment of Fees: Under no circumstances do we require or solicit payment of fees in excess of $500 more than six months in advance of services rendered.


OTHER FEES

Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses that shall be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, third-party investments and other third-parties such as fees charged by managers, including but not limited to, mutual fund sales loads, 12(b)-1 fees and surrender charges, IRA and qualified retirement plan fees, custodial fees, deferred sales charges, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Please refer to the “Brokerage Practice” section (item 12) for additional information.

TERMINATION OF AGREEMENT Either party may cancel the advisory service agreement at any time upon written notice to the other. Usually upon termination of any agreement, any earned, unpaid fees will be due and payable. Any prepaid, unearned fees will be promptly refunded. In calculating a client’s reimbursement of fees, we will pro rate the reimbursement according to the percentage of work completed. Investment Management Services fees are pro-rated based on the number of days that the account(s) was (were) open during the calendar quarter through the date of termination. Termination of this agreement will not affect (i) the validity of any action previously taken by PSWM under this Agreement; (ii) liabilities or obligations of the parties from transactions initiated before termination of this Agreement; or (iii) client’s obligation to pay fees (prorated through the date of termination).

ITEM 6 - PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT PSWM does not charge any performance-based fees (fees based on a share of capital gains or capital appreciation of the assets of a client). All fees are calculated as described in item 5 and are not charged on the basis of income or capital gains or capital appreciation of the funds or any portion of the funds of an advisory client.

ITEM 7 - TYPES OF CLIENTS We generally provide our financial planning and investment advice to individuals, families, pension and profit-sharing plans, businesses, trusts and estates. Advice may extend to entities related to the client such as businesses, corporations, and charitable organizations, including foundations, and endowments. Client relations vary in scope and length of service.

CLIENT INCOME OR ACCOUNT MINIMUM We do not require minimum income or minimum account size for opening or maintaining an account.

ITEM 8 - METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS

METHODS OF ANALYSIS We utilize various tools to research the investments we use to implement client portfolio. Our analysis method may include, fundamental analysis, technical analysis, cyclical analysis, charting, and additional quantitative statistics (manager tenure, expenses, historical returns, alpha, standard deviation, style drift, sector rotation, corporate rating services (bonds) etc.). We also conduct our qualitative research and due diligence of fund managers by understanding their philosophies, reviewing annual reports and prospectuses, news releases and other information regarding their management of assets.


Fundamental analysis involves the measure of the intrinsic value of securities by measuring related economic, financial and other qualitative and quantitative factors (such as overall economy, industry condition, financial condition and management) to determine if the security is undervalued (indicating a buying opportunity) or overvalued (a potential selling opportunity or short). Fundamental analysis does not attempt to anticipate market movements. This presents a potential risk, as the price of a security can move up or down along with the overall market regardless of the economic and financial factors considered in evaluating the security. Technical analysis involves the evaluation of securities by analyzing statistics generated by market activity, such as past prices and trading volume to predict price trends. These trends are measured through charts of price movements and the use of trading volume to validate the trends. Technical analysis does not attempt to measure a security’s intrinsic value but instead, it attempts to predict future price trends based on past results. This presents a potential risk because past performance is in no way an indication of future performance. Cyclical analysis involves the analysis of business cycles to find favorable conditions for buying and/or selling a security. With respect to the purchase or sale of securities, our investment approach is long term in focus and centered on asset allocation and Modern Portfolio Theory. Securities purchases are made with the intent that they will be held long term (a year or longer).

INVESTMENT STRATEGIES PSWM uses Passive Portfolio Management to build client portfolios. This strategy seeks to match the return and risk characteristics of a market segment by being broadly diversified, giving clients access to asset classes that accomplish two things: they broadly represent the market, and they help target risk-adjusted returns without incurring the risk and volatility associated with active portfolio management. There are certain material risks involved with Passive Portfolio Management that are specific to our investment strategy. This strategy is based on the belief that markets are efficient, market returns cannot be surpassed regularly over time, and low-cost investments held for the long-term will provide the best returns. Therefore, we will not attempt to beat the market by actively trading or seek greater market returns by anticipating market movement. Efficient investment management strikes a balance between the science of managing risk and return (also known as Modern Portfolio Theory), the art of insight from investment management experience, and the delicate reality of managing investor emotions. Asset Allocation aims to balance risk versus reward by adjusting the percentage of each asset (such as equities, fixed-income and cash and equivalents) in an investment portfolio according to the client’s risk tolerance, goals and investment horizon. To achieve the right balance of investments in client’s portfolio, we recommend a globally balanced investment approach, within the limitations of the client’s Investment Policy Statement. We follow this disciplined approach through various market conditions, making appropriate investment management decisions. The investment strategy for a specific client is based upon the objectives, income needs, and tax situation provided by the client during information gathering and ongoing consultations. We focus on portfolio’s overall asset allocation (what proportion is invested in riskier stock-related investments, and what proportion is invested in safer cash/bond-related investments). We pay close attention to proper diversification within asset classes, taking market and economic outlooks into account. We seek relatively low cost and tax-efficient investments. The client may notify us of changes to these objectives at any time.


RISK OF LOSS We strive to help clients understand the investment risks they choose to take and help them select investment strategies that are appropriate for their risk tolerance. Different types of investments involve varying degrees of risk, and clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to any specific performance level(s). This includes the investments and/or investment strategies recommended or undertaken by our firm. Each client should review any prospectus, offering memoranda or other document provided by any mutual fund or other investment manager for a more detailed discussion of risks specifically associated with that investment. We ask that you work with us to help us understand your tolerance for risk. In addition to the risks associated with the methodologies and strategies described above, certain risks may be applicable to your investments, including, but not limited to: Failure to implement: As a financial planning client, you are free to accept or reject any or all of the recommendations made to you. While no advisory firm can guarantee future performance, no plan can succeed if it is not implemented. Clients who choose not to take the steps recommended in their financial plan may face an increased risk that their stated goals and objectives will not be achieved. Management Risk: An investment with a firm varies with the success and failure of its investment strategies, research, analysis and determination of its portfolio. If an investment strategy were not to produce expected returns, the value of the investment would decrease. Passive Investing: A portfolio that employs a passive, efficient market approach (representative of Modern Portfolio Theory) has the potential risk at times to generate lower-than-expected returns for the broader allocation than might be the case for a more narrowly focused asset class, and the return on each type of asset may be a deviation from the average return for the asset class. Research Data: When research and analysis are based on commercially available software, rating services, general market and financial information, or due diligence reviews, a firm is relying on the accuracy and validity of the information or capabilities provided by selected vendors, rating services, market data, and the issuers themselves. While our firm makes every effort to determine the accuracy of the information received, we cannot predict the outcome of events or actions taken or not taken, or the validity of all information researched or provided which may or may not affect the advice on or investment management of an account. Socially Conscious Investing: If you would like your portfolio to be invested according to socially conscious principles, you should note that returns on investments of this type may be limited and because of this limitation you may not be able to be as well diversified among various asset classes. The number of publicly traded companies that meet socially conscious investment parameters is also limited, and due to this limitation, there is a probability of similarly or overlap of holdings, especially among socially conscious mutual funds or ETFs. Therefore, there could be a more pronounced positive or negative impact on a socially conscious portfolio, which could be more volatile than a fully diversified portfolio. Company Risk: When investing in securities, such as stocks, there is always a certain level of company or industry-specific risk that is inherent in each company or issuer. There is the risk that the company will perform poorly or have its value reduced based on factors specific to the company or its industry. This is also referred to as unsystematic risk and can be reduced or mitigated through diversification. Interest-rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political, economic and social conditions may trigger market events.


Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation. Currency Risk: Overseas investments are subject to fluctuations in the value of the dollar against the currency of the investment’s originating country. This is also referred to as exchange-rate risk. Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e., interest rate). This primarily relates to fixed-income securities (bonds and bond funds). Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not. Financial Risk: Excessive borrowing to finance business’ operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value. Investing involves risk of loss that clients should be prepared to bear. We do not represent or guarantee that our services or methods of analysis can or will predict future results, successfully identify market tops or bottoms or insulate clients from losses due to market corrections or declines. We do not offer any guarantees or promises that your financial goals and objectives will be met. Past performance is in no way an indication of future performance.

ITEM 9 - DISCIPLINARY INFORMATION Neither the firm nor its management has been involved in a material criminal or civil action in a domestic, foreign or military jurisdiction, an administrative enforcement action, or self-regulatory organization proceeding that would reflect poorly upon our offering advisory business or its integrity.

ITEM 10 - OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS

OTHER FINANCIAL INDUSTRY ACTIVITY While PSWM is not an insurance agency, associates or management persons may be licensed as independent insurance agents and have affiliations with the various insurance companies whose products they sell. Specifically, Mr. Osagiede is licensed to sell life, accident and health insurance products and may engage in commissionable insurance or fixed annuities product sales with clients, for which he may receive additional compensation. This additional compensation represents a conflict of interest because the adviser will receive additional compensation when engaged in placement of certain insurance products or may have additional incentive to place such products. To mitigate this conflict of interest, we immediately disclose to the client such conflict and that adviser will receive additional compensation in additional to the advisory fees. Placement of insurance products is at the discretion of clients and clients may choose to implement as see fit. When engaged in placement of insurance products, Mr. Osagiede will act in accordance with his fiduciary duty. Our goal is to provide you with a greater understanding of your insurance policies through seamless integrated planning. We take an unbiased approach to search the marketplace for suitable insurance to meet your needs. It is the firm’s policy that all associated persons conduct business activities in a manner that minimize conflict of interest between the firm and its clients, or that may be contrary to law.


Aside from the insurance compensation described above, neither PSWM nor any of its associated persons will accept any commission for the sale of securities or other investment products other than fees paid by clients. PSWM will provide disclosure to each client prior to and throughout the term of an engagement regarding any conflicts of interest, which might reasonable compromise its impartiality or independence.

OTHER AFFILIATIONS Associated persons of PSWM may be affiliated with financial industry associations. Mr. Osagiede is a member of the Financial Planning Association (FPA, www.fpanet.org), the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models.

ITEM 11 - CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING

CODE OF ETHICS PSWM holds itself to a fiduciary standard, which means the firm and its associates will act in the utmost good faith, performing in a manner believed to be in the best interest of its clients. We have established rules of conduct that are designed to, among other things; govern personal securities trading activities and participation of interest in client transactions. The Code is based upon the principle that PSWM owe a fiduciary duty to its clients and to conduct their affairs, including their personal securities transactions, in such a manner as to avoid:

• Serving its own personal interests ahead of clients • Taking inappropriate advantage of its position as investment adviser • Any actual or potential conflicts of interest or any abuse of its position of trust and responsibility

The Code is designed to ensure that a high ethical standard is maintained by our firm. The purpose of the Code is to deter activities that may lead to or give the appearance of conflicts of interest, insider trading and other forms of prohibited or unethical business conduct. Pursuant to Section 206 of the Advisers Act or similar state statute and rules, PSWM is prohibited from engaging in fraudulent, deceptive or manipulative conduct. Compliance with this section involves more than acting with honesty and good faith alone. It means that PSWM has an affirmative duty of utmost good faith to act solely in the best interest of its clients. You may contact our office for a full copy of our Code of Ethics policy. Associates that are CERTIFIED FINANCIAL PLANNER™ Practitioners, such as Mr. Osagiede, also adhere to the Certified Financial Planner Board of Standards, Inc.’s Code of Ethics. These principles include: Principle 1 – Integrity An advisor will provide professional services with integrity. Integrity demands honesty and candor which must not be subordinated to personal gain and advantage. Advisors are placed in positions of trust by clients, and the ultimate source of that trust is the advisor’s personal integrity. Allowance can be made for innocent error and legitimate differences of opinion, but integrity cannot co-exist with deceit or subordination of one’s principles. Principle 2 – Objectivity An advisor will provide professional services objectively. Objectivity requires intellectual honesty and impartiality. Regardless of the particular service rendered or the capacity in which a advisor functions, an advisors should protect the integrity of their work, maintain objectivity and avoid subordination of their judgment.


Principle 3 – Competence Advisors will maintain the necessary knowledge and skill to provide professional services competently. Competence means attaining and maintaining an adequate level of knowledge and skill, and application of that knowledge and skill in providing services to clients. Competence also includes the wisdom to recognize the limitations of that knowledge and when consultation with other professionals is appropriate or referral to other professionals necessary. Certificants make a continuing commitment to learning and professional improvement. Principle 4 – Fairness Advisors will be fair and reasonable in all professional relationships. Fairness requires impartiality, intellectual honesty and disclosure of material conflicts of interest. It involves a subordination of one’s own feelings, prejudices and desires so as to achieve a proper balance of conflicting interests. Fairness is treating others in the same fashion that you would want to be treated. Principle 5 – Confidentiality Advisors will protect the confidentiality of all client information. Confidentiality means ensuring that information is accessible only to those authorized to have access. A relationship of trust and confidence with the client can only be built upon the understanding that the client’s information will remain confidential. Principle 6 – Professionalism Advisors will act in a manner that demonstrates exemplary professional conduct. Professionalism requires behaving with dignity and courtesy to clients, fellow professionals, and others in business-related activities. Certificants cooperate with fellow certificants to enhance and maintain the profession’s public image and improve the quality of services. Principle 7 – Diligence Advisors will provide professional services diligently. Diligence is the provision of services in a reasonably prompt and thorough manner, including the proper planning for, and supervision of, the rendering of professional services.

PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING PSWM and its associated persons may buy or sell securities that are also held or recommended to its clients. This represents a conflict of interest because an adviser can potentially trade ahead of its client’s orders, or front-running. This would put the clients transactions at a disadvantage. To mitigate this conflict of interest, we have strict policies that at no time will PSWM receive preferential treatment over clients. We monitor and retain records of all internal trades of securities, which may be held by clients, to ensure that we do not trade ahead of our clients. Trades of same securities held by clients may be traded on an aggregated basis. In such circumstance, the associated persons and client accounts receive securities at a total average price. PSWM believes that such activity is unlikely to have any material impact on purchase or sales price experienced by clients.

ITEM 12 - BROKERAGE PRACTICES

FACTORS USED IN SELECTING BROKERAGE FIRMS PSWM does not maintain physical custody of client’s asset (see item 15). A qualified custodian, such as a broker-dealer, bank or trust company, must maintain your account. Our firm is not a custodian nor is there an affiliate that is a custodian. We consider the financial strength, reputation, execution, pricing, research, and services of the custodian prior to our recommendation.


We recommend Shareholders Service Group (SSG) to maintain custody of client’s assets and to effect trades for their accounts. SSG provides institutional custody services for registered investment advisers and was chosen based on their relatively low transaction fees, quality of operations and access to a wide range of mutual funds, ETFs and markets. We do not negotiate commission rates to be paid for a client’s securities transaction. We do not charge a premium or commission on transactions, beyond the actual cost imposed by the Custodian. SSG is a member of FINRA/SIPC and clears trades on a fully disclosed basis through Pershing, LLC, member FINRA/NYSE/SIPC (a subsidiary of the Bank of New York Mellon Corporation). Pershing holds in custody the securities and cash in client’s accounts. Our choice for recommendation was made in an attempt to minimize commissions and other costs for our clients. This recommendation is also based on valuable services provided by SSG to PSWM and the client, such as online access, reporting, and statements. We do not receive fees or commissions from any of these arrangements. By using SSG to implement the advisory service provided, there are additional benefits such as access to electronic trading platforms, ability to deduct management fees, client statements, quotes and research, online reports, and access to No Transaction Fee (NTF) mutual funds that are otherwise generally available only to institutional investors or would require a significant higher minimum initial investment. These benefits are standard in a relationship with the custodian and are not in return for client recommendations or transactions. Clients may pay commissions that are higher than those obtainable from other broker-dealers in return for those products or services. We periodically review commission and fee structures of various broker-dealers to ensure clients are receiving best execution. Accordingly, while PSWM will consider competitive rates, it may not necessarily obtain the lowest possible commission rates for client account transactions. We evaluate the overall services provided by the broker-dealer to determine best execution. PSWM does not receive any portion of the trading fees.

RESEARCH AND OTHER SOFT DOLLAR BENEFITS PSWM does receive software, research and brokerage services from SSG that is considered to be soft dollar benefits. These services include administrative support, the execution of securities transaction, access to mutual funds and ETFs, and free research. PSWM does not rely on research provided by SSG or third parties in connection with client securities transaction. However, such services represents a conflict of interest because our custodian provides PSWM with access to these institutional services which are not generally available to retail investors or would require a significantly higher minimum initial investment. Please see Factors Used in Selecting Brokerage Firms above for additional information. To mitigate this conflict of interest, we reassess our brokerage practice on a yearly basis to ensure we are providing the best brokerage practice for our clients in accordance with our Fiduciary duty. The trading platform provided by SSG provides significant business efficiency which benefits our clients. The services provided by SSG are generally available to independent investment advisers on an unsolicited basis, and are not contingent upon our firm committing any specific amount of business, such as assets in custody or trading commissions.

BROKERAGE FOR CLIENT REFERRALS We receive no referrals from a broker-dealer or third party in exchange for using that broker-dealer or third party. We use the broker-dealer that provides us and you the best execution.

DIRECTED BROKERAGE PSWM does not direct brokerage for specific client transactions. It is our policy to not accept client directed brokerage instructions, which is also disclosed in the firm’s written client agreements.

ORDER AGGREGATION PSWM may (but is not obligated to) aggregate several client’s trades in the same security in a single order in an


effort to obtain best execution, to negotiate more favorable commission rates, or to allocate equitably among our clients differences in prices and commissions or other transaction costs that might have been obtained had such orders been placed independently. Trades involving mutual funds, exchange-traded funds, or are done on different days, may not garner any client benefit.

ITEM 13 - REVIEW OF ACCOUNTS

FREQUENCY OR NATURE OF PERIODIC REVIEWS AND TRIGGERS Investment Management Clients investment portfolios are reviewed quarterly according to the parameters set forth in the Investment Policy Statement. Portfolio reviews may focus on factors such as the status of individual investments, diversification, tax considerations, market opportunities and other relevant factors. More frequent reviews may be triggered by material changes in variables such as the client’s individual circumstances, or the market, political or economic environment. Financial Planning Services Financial plans for investment management clients are generally reviewed annually and revised when clients experience material changes in their financial situation. Financial plans for financial planning clients are reviewed upon client request. Consulting Services No formal reviews will be conducted for consulting services clients unless otherwise contracted for. Reviews may occur at different stages depending on the nature and terms of the specific engagement. Retirement Plan Advisory Services Retirement plan advisory investment options are reviewed quarterly and upon client request. The plan’s investment options are reviewed for consistency with investment objectives and applicable guidelines. The level of the review will be determined by the complexity and the factors that trigger the review. PSWM makes no representation with respect to legal matters, and it is the client’s responsibility to consult with legal counsel as necessary. Mr. Will Osagiede, President of PSWM, conducts these reviews.

REGULAR REPORTS Clients are provided with transaction confirmation notices, regular summary account statements, and annual tax reporting statements from their broker-dealer or custodian. Clients also receive regular statements from mutual fund companies that custody their investments. PSWM will not provide written reports to the client.

ITEM 14 - CLIENT REFERRALS AND OTHER COMPENSATION PSWM does not receive any economic benefit, directly or indirectly from any third party for advice rendered to our clients. We may receive client referrals from current clients, estate planning attorneys, accountants, friends, family, and other sources. PSWM does not pay for these referrals and does not directly or indirectly compensate any person who is not advisory personnel for client referrals.


PSWM does not accept referral fees or any form of remuneration from other professionals when a prospect or client is referred to another professional.

ITEM 15 - CUSTODY Client assets will be maintained by an unaffiliated, qualified custodian, such as a broker-dealer, bank or trust company. PSWM does not take custody of client assets or provide custodial services apart from authorized fee withdrawals, which is referred to as Constructive Custody. For more information on deduction of our management fees, please see item 5. In keeping with this policy involving our client funds or securities, PSWM:

• Restricts the firm or an associate from serving as a trustee or having a general power of attorney over a client account;

• Prohibits any associate from having authority to directly withdraw securities or cash assets from a client account;

• Does not accept or forward client securities (i.e., stock certificates) erroneously delivered to our firm; • Will not collect advance fees of $500 or more for services that are to be performed six months or more into

the future; and • Will not authorize an associate to have knowledge of a client’s account access information (i.e., online

401(k), brokerage or bank accounts) if such access would allow physical control over account assets. Your account custodian will provide you with your investment account transaction confirmations and account statements, which will include all debits and credits as well as our firm’s advisory fee for that period. Statements are provided on at least a quarterly basis and confirmations are provided as transactions occur within your account. Our advisory firm will not create an account statement for a client nor serve as the sole recipient of a client account statement. You are urged to carefully review account statements that you have received directly from your custodian.

ITEM 16 - INVESTMENT DISCRETION

DISCRETIONARY AUTHORITY FOR TRADING PSWM may manage client accounts on both a Discretionary and Non-Discretionary basis. Upon receiving written authorization from the client, PSWM, may accept discretionary authority to manage securities on behalf of clients. This does not represent having custody of client’s funds. When discretionary authority is granted, the firm will have the authority to determine the type of securities and the amount of securities that can be bought or sold for the client portfolio without obtaining the client’s consent for each transaction. However, such discretion is to be exercised in a manner consistent with the stated investment objectives for the particular client account. Over time, we will rebalance the positions based upon the client’s Investment Policy Statement. Other factors that could trigger a sale and a purchase are a change in either investment philosophy or the departure of a fund manager. Clients that determine to engage us on a non-discretionary basis must be willing to accept that we cannot effect any account transactions without obtaining prior verbal consent to any such transaction(s) from the client. When exercising investment discretion, we will not invest in Initial Public Offerings (IPO’s).

LIMITED POWER OF ATTORNEY Clients must sign a limited power of attorney in order for PSWM to trade or otherwise access a client’s account held by a custodian. The limited power of attorney is included in the qualified custodian’s account application and it is limited to only the functions intended by the Client and for PSWM to perform its advisory service.


ITEM 17 - VOTING CLIENT SECURITIES Proxy voting is an important right of shareholders and reasonable care and diligence must be undertaken to ensure that such rights are properly and timely exercised. As a matter of firm policy and procedure, PSWM does not have any authority to and does not vote proxies on behalf of clients. The firm will not undertake any responsibility to take any action or render any advice with respect to voting of proxies solicited by or with respect to the issuers of securities in which clients’ assets may be invested. Clients retain the responsibility for receiving and voting proxies for any and all securities maintained in client portfolios.

ITEM 18 - FINANCIAL INFORMATION Registered Investment Advisers are required to provide certain financial information or disclosures about the firm’s financial condition. PSWM has no financial commitment that impairs its ability to meet contractual and fiduciary commitments to clients, and has not been the subject of a bankruptcy proceeding. Our firm is not required to provide a balance sheet because we do not serve as a custodian for client funds or securities, other than as described above. We do not require or solicit payment of fees in excess of $500 per client more than six months in advance of services rendered.

ITEM 19 - REQUIREMENT FOR STATE-REGISTERED ADVISERS There are additional requirements for state registered investment advisers with one or more state securities authorities that PSWM must respond to and the following are those additional requirements. Principal Executive Officers and Management Persons Mr. Uwaila “Will” Osagiede is the sole principal executive officer (or management person). His biographical information is given on the attached Form ADV Part 2B—Brochure Supplement. Other Business Activity Under “item 10 - Other Financial Industry Activities and Affiliations,” explains that Mr. Osagiede is also a licensed insurance agent and may receive insurance commissions for the sale of insurance products. This activity and the conflicts of interest associated with it are discussed there at greater length. Performance-based Fees Please see item 6. Disciplinary Information Please see item 9 and Form ADV Part 2B – Brochure Supplement. Relationship or Arrangement With Any Issuer of Securities None

PRIVACY POLICY PSWM is committed to protecting the privacy and confidentiality of all its client’s personal information. We value your trust and want you to understand what information we obtain, how this information is used, and our safeguards for


protecting it. We do not disclose any confidential personal information about our clients, potential clients, or former clients to anyone, except as permitted by law.

• It is our policy not to sell or rent to anyone the information you have entrusted us. • We restrict access to confidential personal information about you to advisers who need to know that

information to provide services to you. • We maintain physical, electronic, and procedural safeguards to comply with federal standards to guard your

confidential personal information. • We will inform clients of our Privacy Policy annually and what changes, if any, are made.

What information do we obtain? We collect information from you when you fill out a form, account application, sign up for our newsletter, participate in a survey, fill out a request, or contact us. We may collect a variety of information, including your name, address, date of birth, Social Security number, email, phone, assets, income, transaction records, and so much more. How is the information used? As a trusted Financial Adviser, the information we collect allows us to provide services and recommendation to our clients. It also helps us to improve how we monitor our clients’ progress towards their goals. How do we protect this information? We implement a variety of security measures because we understand that the protection of your confidential personal information is of the utmost importance. We maintained strict procedures and technology designed to protect access to your confidential personal information. We restrict access to only those who have a business reason to know such information, and we educate our staffs (if any) about the importance of confidentiality and client privacy. We employ physical, electronic, and procedural protection in accordance with industry standards and regulation. Online Privacy Policy In addition to the privacy guidelines outlined above, the following online policies describe our commitment to protecting your information when accessing us through the web or electronic mail. We employ proven protection such as firewalls, encryption, and authentication verification to protect all information.

• We do not use cookies • We retain all copies of electronic correspondence in accordance with the law. • We may send you our free newsletter periodically. You may opt-out or unsubscribe anytime using the

unsubscribe link provided on our newsletter. • We provide links to third-party sites for your convenience. Please note that these third-party sites are

governed by their own privacy practices. We encourage you to learn about the privacy policies of these third-party sites.

Privacy Questions If you have any questions or concerns about our Privacy Policy, please contact us in writing.

BUSINESS CONTINUITY PLAN As part of its fiduciary duty to its clients and as a matter of best business practices, our firm has adopted policies and procedures for disaster recovery and for continuing normal business operation in the event of an emergency or a disaster. These policies are designed to allow us to resume providing service to clients in as short a period of time as


possible. These policies are, to the extent practicable, designed to address those specific types of disasters that our firm might reasonably face given its business and location.

March 2016 – ADV Part 2B Brochure Supplement 22

2080 S Holly Street #24250 Denver, CO 80224

(303) 539-9077

www.peakstonewealth.com

Form ADV Part 2B

BROCHURE SUPPLEMENT

March 29, 2016 This brochure supplement provides information about Mr. Uwaila “Will” Osagiede that supplements the PeakStone Wealth Management, LLC firm brochure. You should have received a copy of that brochure. Please contact Mr. Osagiede, President and Principal Owner of PeakStone Wealth Management, LLC if you did not receive the firm’s brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Osagiede is available on the SEC’s website at www.adviserinfo.sec.gov. You can search this site by using a unique identifying number, known as the CRD number. The CRD number for Mr. Osagiede is 5335910.


EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE President/Chief Compliance Officer/Investment Advisor Representative Uwaila “Will” Osagiede, CFP®, AWMA®, LUTCF® Year of Birth: 1983 CRD Number: 5335910 PeakStone Wealth Management 2080 S Holly Street #24250 Denver, CO 80224 (303) 539-9077 www.peakstonewealth.com www.willosagiede.com EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE Educational Background and Professional Designations/Certifications:

• CERTIFIED FINANCIAL PLANNER™ Practitioner, CFP®/Certified Financial Planner Board of Standards, Inc., 2014

• College for Financial Planning, Accredited Wealth Management Advisor (AWMA®), 2013 • Colorado Technical University, B.S. in Financial Planning with honors, 2013 • The American College of Financial Services, Life Underwriter Training Counsel Fellow (LUTCF®), 2012

Business Background for Preceding Five Years:

• 2014 – Present, President, PeakStone Wealth Management, LLC, Denver CO • 2013 – 2014, Senior Banker/Financial Advisor, BBVA Compass, Denver CO • 2009 – 2013, Independent Broker/Advisor, Maven Financial Advisers, Denver CO • 2008 – 2009, Registered Representative, Guardian/Park Avenue Securities, Denver, CO • 2007 – 2008, Registered Representative, Northwestern Mutual, Denver, CO

Explanation of Professional Designations/Certifications Investment Adviser Representatives of PeakStone Wealth Management, LLC have earned designations and credentials that are required to be explained in further detail. This summary of Professional Designations is provided to assist you in evaluating the professional and minimum qualification required for each designation and to allow you to understand the value of the designation. 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. 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® certification. Accredited Wealth Management Advisor℠ (AWMA®) The Accredited Wealth Management Advisor, AWMA® is a professional designation issued by the College for Financial Planning. To obtain the right to use the AWMA® designation, an individual must:

• Education – Complete a course of study encompassing wealth strategies, equity-based compensation plans, tax reduction alternatives, and asset protection alternatives.

• Examination – Pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations; and

• Ethics – Agree to adhere to the College of Financial Planning’s Standards of Professional Conduct which outline the five tenets of professional conduct for the AWMA designation: integrity, objective advice, competence, privacy, and professionalism.

In order to maintain the AWMA designation, individuals must complete the following ongoing requirements:

• Continuing Education – Complete 16 hours of continuing education every two years • Ethics – Adhere to the Standards of Professional Conduct and comply with the self-disclosure requirements.

Life Underwriter Training Counsel Fellow℠ (LUTCF®) The Life Underwriter Training Counsel Fellow, LUTCF, is a professional designation issued by The National Association of Insurance and Financial Advisors (NAIFA) through partnership with The American College of Financial Services. The LUTCF educational program includes required ethical training and five elective courses chosen from such topics as meeting client needs, serving personal markets, essentials of business insurance, annuities, long-term care, life insurance products, retirement planning, investment, and estate planning. An LUTCF has studied the fundamental skills required for a financial professional and must adhere to an ongoing ethical standard when serving clients. To maintain their LUTCF designation, the recipient must complete three hours of approved ethics training every two years. DISCIPLINARY INFORMATION


Registered investment advisers are required to disclose all material facts regarding any legal or disciplinary events that would be material to your evaluation of each supervised person providing investment advice. Neither Mr. Osagiede nor our firm has been subject to any legal or disciplinary event. OTHER BUSINESS ACTIVITIES Mr. Osagiede is licensed to sell life, accident and health insurance products and may engage in commissionable insurance or fixed annuities product sales with our clients, for which he may receive additional compensation. This additional compensation represents a conflict of interest between you and your adviser because the adviser may receive additional compensation when engaged in placement of certain insurance products or may have additional incentive to place the insurance product. To mitigate this conflict of interest, we immediately disclose to the client such conflict and that adviser will receive additional compensation in additional to the advisory fees. Placement of insurance products is at the discretion of clients and clients may choose to implement as see fit. When engaged in placement of insurance products, PSWM will act in accordance with its Fiduciary duty. ADDITIONAL COMPENSATION Registered Investment Advisers are required to disclose all material facts regarding any additional compensation received by supervised persons if someone who is not a client provides economic benefit to the supervised person for providing advisory services. Economic benefits include sales awards and other prizes, other than fees or compensation received from clients. There are no arrangements where a non-client provides an economic benefit directly to Mr. Osagiede for providing advisory services. SUPERVISION Mr. Osagiede is the President and Chief Compliance Officer of PeakStone Wealth Management, LLC. There are no other officers or supervised persons. Mr. Osagiede is responsible for supervision of all advisory activities, including advice provided to clients. REQUIREMENT FOR STATE-REGISTERED ADVISERS There have been neither awards nor sanctions or other matter where Mr. Osagiede or PeakStone Wealth Management, LLC has been found liable in a self-regulatory or administrative proceeding. Neither Mr. Osagiede nor PeakStone Wealth Management, LLC has been the subject of a bankruptcy petition.

form adv part 2a firm brochuremarch 2016 – firm brochure 1 item 1 – cover pag 2080 s holly st.,...

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