IMPERIUM WEALTH MANAGEMENT, LLC

Imperium Wealth Management, LLC Wrap Fee Brochure Wrap Fee Brochure March 26, 2025 Imperium Wealth Management, LLC a Registered Investment Adviser 112 East Pecan St., Suite 2910, San Antonio, TX 78205 (210) 332-9533 www.imperiumwealth.com This wrap fee brochure provides information about the qualifications and business practices of Imperium Wealth Management, LLC (hereinafter “IWM”). If you have any questions about the contents of this brochure, please contact please contact Christopher Holden at (210) 332-9533. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about Imperium Wealth Management, LLC is available on the SEC’s website at www.adviserinfo.sec.gov. Imperium Wealth Management, LLC is an SEC registered investment adviser. Registration does not imply any level of skill or training. 1  Imperium Wealth Management, LLC Wrap Fee Brochure Item 2. Material Changes This section of the wrap fee brochure discusses only the material changes that have occurred since IWM’s last annual update of the wrap fee brochure dated March 13, 2024. The firm has no other changes to disclose in relation to this Item. Item 4: We are now charging an initial fee which is described in Item 4 below. 2  Imperium Wealth Management, LLC Wrap Fee Brochure Item 3. Table of Contents Item 1. Cover Page ....................................................................................................................................... 1 Item 2. Material Changes .............................................................................................................................. 2 Item 3. Table of Contents .............................................................................................................................. 3 Item 4. Services, Fees, and Compensation ................................................................................................... 4 Item 5. Account Requirements and Types of Clients ..................................................................................... 6 Item 6. Portfolio Manager Selection and Evaluation ...................................................................................... 6 Item 7. Client Information Provided to Portfolio Managers ........................................................................... 10 Item 8. Client Contact with Portfolio Managers ............................................................................................ 10 Item 9. Additional Information ...................................................................................................................... 10 3  Imperium Wealth Management, LLC Wrap Fee Brochure Item 4. Advisory Business The IWM Wrap Fee Program (the “Program”) is an investment advisory program sponsored by IWM. The Program provides clients with the ability to trade in certain investment products without incurring separate brokerage commissions or transaction charges. To join the Program, a client must: 1) Complete the investment advisory wrap fee agreement (the “Agreement”) with IWM; 2) Complete a new account agreement with a custodian broker-dealer IWM approves for participation in the Program (“Financial Institution”); and 3) Open a securities brokerage account with the Financial Institution and deposit those assets designated for participation in the Program into the account. After an analysis of any information provided by the client to IWM, IWM assists the client in developing an appropriate investment strategy for the assets in their accounts. Thereafter, all clients are encouraged to discuss their needs, goals, and objectives with IWM and to keep IWM informed of any changes thereto. IWM contacts ongoing clients at least annually to review its previous services and/or recommendations and to determine whether changes should be made to their investment strategy. Management of Your Portfolio All clients in the Program grant IWM discretionary authority to buy, sell, and otherwise trade in the type of securities described in Item 6, below for their accounts and to liquidate previously- purchased securities that the client has transferred to their Accounts. Assets are managed by IWM’s principal owner, Chris Holden. Fees for the Program Clients in the Program pay a single annualized fee for participation in the Program (the “Program Fee”). The Program Fee is prorated and charged quarterly, in advance, based upon the market value of the assets being managed by IWM under Program on the last day of the previous quarter. At the initiation of our services, a minimum fee of $2,250 will be charged. Any portion of this initial fee that exceeds the standard Assets Under Management (AUM) fee will be credited towards the fees for the following quarter. Clients whose initial AUM fee is higher than the minimum fee will pay the standard AUM fee in advance. The Program Fee varies pending upon the market value of the assets under management, as follows: 4  Imperium Wealth Management, LLC Wrap Fee Brochure PORTFOLIO VALUE BASE FEE up to $750,000 1.15% Next $750,000 0.95% Next $1,000,000 0.75% Next $2,500,000 0.65% above $5,000,000 0.45% IWM, in its sole discretion, may negotiate to charge a lesser Program Fee based upon certain criteria (i.e., related accounts, anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, account composition, pre-existing client, account retention, pro bono activities, etc.). Fee Comparison As referenced above, a portion of the fees paid to IWM are used to cover certain securities brokerage commissions and transactional costs attributed to the management of its clients’ portfolios. Services provided through the Program may cost clients more or less than purchasing these services separately. The number of transactions made in clients’ accounts, as well as the commissions charged for each transaction, determines the relative cost of the Program versus paying for execution on a per transaction basis and paying a separate fee for advisory services. Fees paid for the Program may also be higher or lower than fees charged by other sponsors of comparable investment advisory programs. Because the firm pays for the brokerage fees, the firm has an incentive to engage in less transactions, or transactions that cost less to the firm, including the use of mutual funds that do not have transaction charges, but have higher expenses to the client. The firm reviews the frequency and type of investments made in client accounts to act in the client’s best interest. Other Charges In addition to the advisory fees paid to IWM, clients may also incur certain charges imposed by other third parties, such as broker-dealers, custodians, trust companies, banks and other financial institutions (collectively, “Financial Institutions”). These additional charges may include margin costs, charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the fund’s prospectus (e.g., fund Program Fees and other fund expenses), fees and commission for assets not held with the Financial Institutions offered in the Program such as 401(k) or 529 plan assets as well as for fees for trades executed away from that Financial Institution (a conflict of interest exists where the firm avoids expenses by trading through a different Financial Institution), mark-ups and mark-downs on fixed-income transactions 5  Imperium Wealth Management, LLC Wrap Fee Brochure which cannot be paid by the firm (or it is overly burdensome to determine the amount of such mark-ups / downs), deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Item 5. Account Requirements and Types of Clients The Program participants include individuals, pension and profit sharing plans, trusts, estates, corporations and business entities. Minimum Account Size and Minimum Fee IWM does not require a minimum portfolio size, but, as a condition for participating in the Program, does impose a minimum annual Program Fee of $9,000. This minimum fee has the effect of making IWM’s service impractical for some clients having portfolios with less than $100,000 under IWM’s management. However, other circumstances such as income and other financial conditions may warrant the service at the stated minimum fee. IWM, in its sole discretion, may waive its minimum annual Program Fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities. Item 6. Portfolio Manager Selection and Evaluation IWM acts as the sponsor and portfolio manager to the Program. Certain wrap programs involve the services of multiple parties in these capacities, which may involve additional conflicts of interest that the sponsor would be required to disclose in this section. IWM has no disclosures to make under this section. Investment Management Services Clients can engage IWM to manage all or a portion of their assets on a discretionary basis or non- discretionary basis. The firm primarily allocates clients’ investment management assets among mutual funds, exchange-traded funds (“ETFs”), individual debt and equity securities and/or options as well as real estate investment trusts (“REITs”) in accordance with the investment objectives of the client. In addition, IWM may recommend that clients who are “accredited investors” as defined under Rule 501 of the Securities Act of 1933, as amended, invest in private placement securities, which include debt, equity, and/or pooled investment vehicles when consistent with the clients’ investment objectives. IWM also provides advice about any type of investment held in clients' portfolios. 6  Imperium Wealth Management, LLC Wrap Fee Brochure The firm may provide its participants in the Program with a broad range of comprehensive financial planning services, which may include tax preparation and related tax consulting services. In addition, the firm’s financial planning services include cash flow analysis, review of employee benefits and insurance as well as estate, retirement and education planning. The firm also may render non-discretionary investment management services to clients relative to variable life/annuity products that they own, their individual employer-sponsored retirement plans, and/or 529 plans or other products that are not held by the client’s primary custodian. In so doing, IWM either directs or recommends the allocation of client assets among the various investment options that are available with the product. Client assets are maintained at the specific insurance company or custodian designated by the product. IWM tailors its advisory services to the individual needs of clients, consulting initially with clients and on an ongoing basis to determine risk tolerance, time horizon and other factors that may impact their investment needs. IWM ensures that clients’ investments are suitable for their investment needs, goals, objectives and risk tolerance. Clients are advised to promptly notify IWM if there are changes in their financial situation or investment objectives or if they wish to impose any reasonable restrictions upon IWM’s management services. Clients may impose reasonable restrictions or mandates on the management of their account (e.g., require that a portion of their assets be invested in socially responsible funds) if, in IWM’s sole discretion, the conditions will not materially impact the performance of a portfolio strategy or prove overly burdensome to its management efforts. Performance-Based Fees and Side-by-Side Management The firm does not provide any services for performance-based compensation. Performance- based fees are those based on a share of capital gains or capital appreciation. Methods of Analysis, Investment Strategies and Risk of Loss IWM consults with clients initially and on an ongoing basis to develop an investment plan that is customized to each client’s goals and objectives. The firm employs fundamental, technical and cyclical methods of investment analysis. Methods of Analysis Fundamental analysis involves the fundamental financial condition and competitive position of a company. IWM will analyze the financial condition, capabilities of management, earnings, new products and services, as well as the company’s markets and position amongst its competitors in order to determine the recommendations made to clients. The primary risk in using fundamental analysis is that while the overall health and position of a company may be good, market conditions may negatively impact the security. 7  Imperium Wealth Management, LLC Wrap Fee Brochure Technical analysis involves the analysis of past market data rather than specific company data in determining the recommendations made to clients. Technical analysis may involve the use of charts to identify market patterns and trends which may be based on investor sentiment rather than the fundamentals of the company. The primary risk in using technical analysis is that spotting historical trends may not help to predict such trends in the future. Even if the trend will eventually reoccur, there is no guarantee that IWM will be able to accurately predict such a reoccurrence. Cyclical analysis is similar to technical analysis in that it involves the analysis of market conditions at a macro (entire market/economy) or micro (company specific) level, rather than the overall fundamental analysis of the health of the particular company that IWM is recommending. The risks with cyclical analysis are similar to those of technical analysis. Investment Strategies The firm’s investment strategy is to build a diversified portfolio in light of a client’s investment time horizon. An example of this includes investing long term dollars in long term assets such as unhedged stocks. IWM primarily allocates clients’ investment management assets among mutual funds, ETFs, individual debt and equity securities and/or options as well as REITs in accordance with the investment objectives of the client. Risk of Loss Mutual Funds and Exchange Traded Funds (ETFs) An investment in a mutual fund or ETF involves risk, including the loss of principal. Mutual fund and ETF shareholders are necessarily subject to the risks stemming from the individual issuers of the fund’s underlying portfolio securities. Such shareholders are also liable for taxes on any fund-level capital gains, as mutual funds and ETFs are required by law to distribute capital gains in the event they sell securities for a profit that cannot be offset by a corresponding loss. Shares of mutual funds are generally distributed and redeemed on an ongoing basis by the fund itself or a broker acting on its behalf. The trading price at which a share is transacted is equal to a fund’s stated daily per share net asset value (“NAV”), plus any shareholders fees (e.g., sales loads, purchase fees, redemption fees). The per share NAV of a mutual fund is calculated at the end of each business day, although the actual NAV fluctuates with intraday changes to the market value of the fund’s holdings. The trading prices of a mutual fund’s shares may differ significantly from the NAV during periods of market volatility, which may, among other factors, lead to the mutual fund’s shares trading at a premium or discount to NAV. Shares of ETFs are listed on securities exchanges and transacted at negotiated prices in the secondary market. Generally, ETF shares trade at or near their most recent NAV, which is generally calculated at least once daily for indexed-based ETFs and more frequently for actively managed ETFs. However, certain inefficiencies may cause the shares to trade at a premium or discount to their pro rata NAV. There is also no guarantee that an active 8  Imperium Wealth Management, LLC Wrap Fee Brochure secondary market for such shares will develop or continue to exist. Generally, an ETF only redeems shares when aggregated as creation units (usually 50,000 shares or more). Therefore, if a liquid secondary market ceases to exist for shares of a particular ETF, a shareholder may have no way to dispose of such shares. Options Options allow investors to buy or sell a security at a contracted “strike” price (not necessarily the current market price) at or within a specific period of time. Clients may pay or collect a premium for buying or selling an option. Investors transact in options to either hedge (limit) losses in an attempt to reduce risk or to speculate on the performance of the underlying securities. Options transactions contain a number of inherent risks, including the partial or total loss of principal in the event that the value of the underlying security or index does not increase/decrease to the level of the respective strike price. Holders of options contracts are also subject to default by the option writer which may be unwilling or unable to perform its contractual obligations. Market Risks The profitability of a significant portion of IWM’s recommendations may depend to a great extent upon correctly assessing the future course of price movements of stocks and bonds. There can be no assurance that IWM will be able to predict those price movements accurately. General Risk of Loss Investing in securities involves the risk of loss. Clients should be prepared to bear such loss. Legislative and Tax Risk Performance may directly or indirectly be affected by government legislation or regulation, which may include, but is not limited to: changes in investment advisor or securities trading regulation; change in the U.S. government’s guarantee of ultimate payment of principal and interest on certain government securities; and changes in the tax code that could affect interest income, income characterization and/or tax reporting obligations, particularly for options, swaps, master limited partnerships, Real Estate Investment Trust, Exchange Traded Products/Funds/Securities. We do not engage in tax planning, and in certain circumstances a Client may incur taxable income on their investments without a cash distribution to pay the tax due. Clients and their personal tax advisors are responsible for how the transactions in their account are reported to the IRS or any other taxing authority. Information Security Risk We may be susceptible to risks to the confidentiality and security of its operations and proprietary and customer information. Information risks, including theft or corruption of electronically stored data, denial of service attacks on our website or websites of our third-party service providers, and the unauthorized release of confidential information are a few of the more common risks faced by us and other investment advisers. Data security breaches of our electronic data infrastructure could have the effect of disrupting our operations and compromising our customers' confidential and personally identifiable information. Such breaches could result in an inability of us to conduct business, potential losses, including identity theft and 9  Imperium Wealth Management, LLC Wrap Fee Brochure theft of investment funds from customers, and other adverse consequences to customers. We have taken and will continue to take steps to detect and limit the risks associated with these threats. Structured Products A structured product, also known as a market-linked product, is generally a pre-packaged investment strategy based on derivatives, such as a single security, a basket of securities, options, indices, commodities, debt issuances, and/or foreign currencies, and to a lesser extent, swaps. Structured products are usually issued by investment banks or affiliates thereof. A feature of some structured products is a "principal guarantee" function, which offers protection of principal if held to maturity. However, these products are not always Federal Deposit Insurance Corporation (FDIC) insured; they may only be insured by the issuer, and thus have the potential for loss of principal in the case of a liquidity crisis, or other solvency problems with the issuing company. Investing in structured products involves a number of risks including but not limited to: fluctuations in the price, level or yield of underlying instruments, interest rates, currency values and credit quality; substantial loss of principal; limits on participation in any appreciation of the underlying instrument; limited liquidity; credit risk of the issuer; conflicts of interest; and, other events that are difficult to predict. Tax Risks Tax laws and regulations applicable to an account with Adviser may be subject to change and unanticipated tax liabilities may be incurred by an investor as a result of such changes. In addition, customers may experience adverse tax consequences from the early assignment of options purchased for a customer's account. Customers should consult their own tax advisers and counsel to determine the potential tax- related consequences of investing. Advisory Risk There is no guarantee that our judgment or investment decisions on behalf of particular any account will necessarily produce the intended results. Our judgment may prove to be incorrect, and an account might not achieve her investment objectives. In addition, it is possible that we may experience computer equipment failure, loss of internet access, viruses, or other events that may impair access to accounts’ custodians’ software. Adviser and its representatives are not responsible to any account for losses unless caused by Adviser breaching our fiduciary duty. Dependence on Key Employees An accounts success depends, in part, upon the ability of our key professionals to achieve the targeted investment goals. The loss of any of these key personnel could adversely impact the ability to achieve such investment goals and objectives of the account. Voting of Client Securities The firm is required to disclose if it accepts authority to vote client securities. The firm does not vote 10  Imperium Wealth Management, LLC Wrap Fee Brochure client securities on behalf of its clients. Clients receive proxies directly from the Financial Institutions. Item 7. Client Information Provided to Portfolio Managers IWM acts as the sponsor and portfolio manager to the Program. Certain wrap programs involve the services of multiple parties in these capacities. In those circumstances, the sponsor is required to disclose how and what type of information about client that it provides to portfolio managers. IWM has no disclosures to make under this section. Item 8. Client Contact with Portfolio Managers There are no restrictions on a clients’ ability to contact and consult with IWM. Item 9. Disciplinary Information Disciplinary Information IWM is required to disclose the facts of any legal or disciplinary events that are material to a client’s evaluation of its advisory business or the integrity of management. There are no such legal or disciplinary events to disclose. Code of Ethics The firm and persons associated with IWM (“Associated Persons”) are permitted to buy or sell securities that it also recommends to clients consistent with IWM’s policies and procedures. IWM has adopted a code of ethics that sets forth the standards of conduct expected of its associated persons and requires compliance with applicable securities laws (“Code of Ethics”). In accordance with Section 204A of the Investment Advisers Act of 1940 (the “Advisers Act”), its Code of Ethics contains written policies reasonably designed to prevent the unlawful use of material non-public information by IWM or any of its associated persons. The Code of Ethics also requires that certain of IWM’s personnel (called “Access Persons”) report their personal securities holdings and transactions and obtain pre- approval of certain investments such as initial public offerings and limited offerings. Unless specifically permitted in IWM’s Code of Ethics, none of IWM’s Access Persons may effect for themselves or for their immediate family (i.e., spouse, minor children, and adults living in the same household as the Access Person) any transactions in a security which is being actively purchased or sold, or is being considered for purchase or sale, on behalf of any of IWM’s clients. When IWM is purchasing or considering for purchase any security on behalf of a client, no Access Person may effect a transaction in that security prior to the completion of the purchase or 11  Imperium Wealth Management, LLC Wrap Fee Brochure until a decision has been made not to purchase such security. Similarly, when IWM is selling or considering the sale of any security on behalf of a client, no Access Person may effect a transaction in that security prior to the completion of the sale or until a decision has been made not to sell such security. These requirements are not applicable to: (i) direct obligations of the Government of the United States; (ii) money market instruments, bankers’ acceptances, bank certificates of deposit, commercial paper, repurchase agreements and other high quality short- term debt instruments, including repurchase agreements; (iii) shares issued by mutual funds or money market funds; and (iv) shares issued by unit investment trusts that are invested exclusively in one or more mutual funds. Clients and prospective clients may contact IWM to request a copy of its Code of Ethics. Review of Accounts and General Reports For those clients to whom the firm provides investment management services, it monitors those portfolios as part of an ongoing process while regular account reviews are conducted on at least am annual basis. For those clients to whom IWM provides financial planning services, reviews are conducted on an “as needed” basis. Such reviews are conducted by one of the firm’s investment adviser representatives. All investment advisory clients are encouraged to discuss their needs, goals, and objectives with IWM and to keep IWM informed of any changes thereto. IWM contacts ongoing investment advisory clients at least annually to review its previous services and/or recommendations and to discuss the impact resulting from any changes in the client’s financial situation and/or investment objectives. Unless otherwise agreed upon, clients are provided with transaction confirmation notices and regular summary account statements directly from the broker-dealer or custodian for the client accounts. Client Referrals and Other Compensation The firm is required to disclose any relationship or arrangement where it receives an economic benefit from a third party (non-client) for providing advisory services. In addition, the firm is required to disclose any direct or indirect compensation that it provides to a third party for client referrals. IWM does not have any required disclosures to this Item. Financial Information The firm is required to disclose whether it requires the prepayment of fees exceeding $1,200 six months or more in advance of providing advisory services. In addition, the firm is required to disclose any financial condition that is reasonably likely to impair its ability to meet contractual commitments to clients. The firm has no disclosures to report pursuant to this Item. Brokerage Practices 12  Imperium Wealth Management, LLC Wrap Fee Brochure IWM recommends that clients utilize the custody, brokerage and clearing services of Charles Schwab & Co., Inc., Bloomwell, and TIAA Financial Services depending, in part, upon services rendered to the client. IWM utilizes Charles Schwab & Co., Inc. (“Schwab”) member FINRA/SIPC/NFA. Schwab is an independent (and unaffiliated) SEC-registered broker-dealer. Schwab offers to independent investment Advisors services which include custody of securities, trade execution, clearance and settlement of transactions. Advisor receives some benefits from Schwab through its participation in the program. As disclosed above, IWM participates in Schwab’s program and IWM recommends Schwab to Clients for custody and brokerage services. There is no direct link between IWM’s participation in the program and the investment advice it gives to its Clients, although IWM receives economic benefits through its participation in the program that are typically not available to Schwab retail investors. These benefits include the following products and services (provided without cost or at a discount): receipt of duplicate Client statements and confirmations; research related products and tools; consulting services; access to a trading desk serving IWM participants; access to block trading (which provides the ability to aggregate securities transactions for execution and then allocate the appropriate shares to Client accounts); the ability to have advisory fees deducted directly from Client accounts; access to an electronic communications network for Client order entry and account information; access to mutual funds with no transaction fees and to certain institutional money managers; and discounts on compliance, marketing, research, technology, and practice management products or services provided to IWM by third party vendors. Schwab may also have paid for business consulting and professional services received by Advisor’s related persons. Some of the products and services made available by Schwab through the program may benefit Advisor but may not benefit its Client accounts. These products or services may assist IWM in managing and administering Client accounts, including accounts not maintained at Schwab. Other services made available by Schwab are intended to help IWM manage and further develop its business enterprise. The benefits received by IWM or its personnel through participation in the program do not depend on the amount of brokerage transactions directed to Schwab. As part of its fiduciary duties to clients, IWM endeavors at all times to put the interests of its clients first. Clients should be aware, however, that the receipt of economic benefits by IWM or its related persons in and of itself creates a potential conflict of interest and may indirectly influence the IWM’s choice of Schwab for custody and brokerage services. 13  Imperium Wealth Management, LLC Wrap Fee Brochure Imperium Wealth Management, LLC a Registered Investment Adviser 112 East Pecan St., Suite 2910, San Antonio, TX 78205 (210) 332-9533 www.imperiumwealth.com 14 

Imperium Wealth Management, LLC Disclosure Brochure Disclosure Brochure March 26, 2025 Imperium Wealth Management, LLC a Registered Investment Adviser 112 East Pecan St., Suite 2910, San Antonio, TX 78205 (210) 332-9533 www.imperiumwealth.com This brochure provides information about the qualifications and business practices of Imperium Wealth Management, LLC (hereinafter “IWM”). If you have any questions about the contents of this brochure, please contact Christopher Holden at (210) 332-9533. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about Imperium Wealth Management, LLC is available on the SEC’s website at www.adviserinfo.sec.gov. Imperium Wealth Management, LLC is an SEC registered investment adviser. Registration does not imply any level of skill or training. 1  Imperium Wealth Management, LLC Disclosure Brochure Item 2. Material Changes This Item discusses only the material changes that have occurred since IWM’s last annual update dated March 13, 2024. IWM has the following material changes. Item 5: We are now charging an initial fee which is described in Item 5 below. • 2  Imperium Wealth Management, LLC Disclosure Brochure Item 3. Table of Contents Item 1. Cover Page 1 Item 2. Material Changes 2 Item 3. Table of Contents 3 Item 4. Advisory Business 4 Item 5. Fees and Compensation 6 Item 6. Performance-Based Fees and Side-by-Side Management 9 Item 7. Types of Clients 9 Item 8. Methods of Analysis, Investment Strategies and Risk of Loss 9 Item 9. Disciplinary Information 11 Item 10. Other Financial Industry Activities and Affiliations 12 Item 11. Code of Ethics 12 Item 12. Brokerage Practices 13 Item 13. Review of Accounts 16 Item 14. Client Referrals and Other Compensation 17 Item 15. Custody 17 Item 16. Investment Discretion 17 Item 17. Voting Client Securities 18 Item 18. Financial Information 18 3  Imperium Wealth Management, LLC Disclosure Brochure Item 4. Advisory Business IWM is an investment advisory firm dedicated to serving the financial needs of individuals, corporate and business entities, trusts and estates and pension and profit sharing plans. The firm provides investment management as well as financial planning and retirement plan consulting services and works with clients to develop a plan that is customized to their individual goals and investment objectives. Prior to engaging the firm to provide any of the foregoing investment advisory services, the client is required to enter into one or more written agreements with IWM setting forth the terms and conditions under which IWM renders its services (collectively the “Agreement”). Owned wholly by Christopher Holden, IWM has been conducting business since December 2011. As of December 31, 2024 the firm had $217,794,434 of assets under management, $210,647,395 of which were managed on a discretionary basis and $7,147,039of which were managed on a non-discretionary basis. This Disclosure Brochure describes the business of IWM. Certain sections will also describe the activities of Supervised Persons. Supervised Persons are any of IWM’s officers, partners, directors (or other persons occupying a similar status or performing similar functions), or employees, or any other person who provides investment advice on IWM’s behalf and is subject to its supervision or control. Financial Planning Services The firm provides its clients with a broad range of comprehensive financial planning services, which include tax preparation and related tax consulting services. In addition, the firm’s financial planning services include cash flow analysis, review of employee benefits and insurance as well as estate, retirement and education planning. These services are generally included as part of the firm’s investment management services (described below) for clients in the firm’s wrap program. However, each of these services is also available to clients on a stand- alone basis, pursuant to the terms and fees set forth in a separate Agreement as discussed below in Item 5. In performing its services, the firm is not required to verify any information received from the client or from the client’s other professionals (e.g., attorney, accountant, etc.) and is expressly authorized to rely on such information. IWM may recommend the services of itself and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists if IWM recommends its own services. The client is under no obligation to act upon any of the recommendations made by IWM under a financial planning or consulting engagement or to engage the services of any such recommended professional, including IWM itself. The 4  Imperium Wealth Management, LLC Disclosure Brochure client retains absolute discretion over all such implementation decisions and is free to accept or reject any of IWM’s recommendations. Clients are advised that it remains their responsibility to promptly notify the firm if there is ever any change in their financial situation or investment objectives for the purpose of reviewing, evaluating, or revising IWM’s previous recommendations and/or services. Investment Management Services Clients can engage IWM to manage all or a portion of their assets on a discretionary basis. The firm primarily allocates clients’ investment management assets among mutual funds, exchange-traded funds (“ETFs”), individual debt and equity securities and/or options as well as real estate investment trusts (“REITs”) in accordance with the investment objectives of the client. In addition, IWM may recommend that clients who are “accredited investors” as defined under Rule 501 of the Securities Act of 1933, as amended, invest in private placement securities, which include debt, equity, and/or pooled investment vehicles when consistent with the clients’ investment objectives. IWM also provides advice about any type of investment held in clients' portfolios, but clients should not assume that these assets are being continuously monitored or otherwise advised on by the Firm unless specifically agreed upon. The firm also may render non-discretionary investment management services to clients relative to variable life/annuity products that they own, their individual employer-sponsored retirement plans, and/or 529 plans or other products that may are not held by the client’s primary custodian. In so doing, IWM either directs or recommends the allocation of client assets among the various investment options that are available with the product. Client assets are maintained at the specific insurance company or custodian designated by the product. IWM tailors its advisory services to the individual needs of clients, consulting initially with clients and on an ongoing basis to determine risk tolerance, time horizon and other factors that impact their investment needs. IWM ensures that clients’ investments are suitable for their investment needs, goals, objectives and risk tolerance. Clients are advised to promptly notify IWM if there are changes in their financial situation or investment objectives or if they wish to impose any reasonable restrictions upon IWM’s management services. Clients may impose reasonable restrictions or mandates on the management of their account (e.g., require that a portion of their assets be invested in socially responsible funds) if, in IWM’s sole discretion, the conditions will not materially impact the performance of a portfolio strategy or prove overly burdensome to its management efforts. Sponsor and Manager of Wrap Program IWM is the sponsor and manager of the IWM Wrap Program (the “Program”), a wrap fee program. In the event the client participates in the Program, IWM provides its wealth management services (investment management, financial planning and tax preparation) and 5  Imperium Wealth Management, LLC Disclosure Brochure arranges for brokerage transactions under a single annualized fee. Participants in the Program may pay a higher aggregate fee than if investment management and brokerage services are purchased separately. A complete description of the Program’s terms and conditions (including fees) are contained in the Program’s wrap fee brochure. Retirement Plan Consulting Services IWM provides various consulting services to qualified employee benefit plans and their fiduciaries. This suite of institutional services is designed to assist plan sponsors in structuring, managing and optimizing their corporate retirement plans. Each engagement is individually negotiated and customized, and includes any or all of the following services: • Plan Fee and Cost Analysis • Plan Design and Strategy • Plan Committee Consultation • Plan Review and Evaluation • Fiduciary and Compliance • Executive Planning & Benefits • Participant Education • Investment Selection As disclosed in the Advisory Agreement, certain of the foregoing services are provided by IWM as a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In accordance with ERISA Section 408(b)(2), each plan sponsor is provided with a written description of IWM’s fiduciary status, the specific services to be rendered and all direct and indirect compensation the Firm reasonably expects under the engagement. Item 5. Fees and Compensation Investment Management Fees The firm provides investment management services for an annual fee based upon a percentage of the market value of the assets being managed. The annual fee is exclusive of, and in addition to brokerage commissions, transaction fees, and other related costs and expenses which are incurred by the client. IWM does not, however, receive any portion of these commissions, fees, and costs. The firm’s annual fee is prorated and charged quarterly, in advance based upon the market value of the assets being managed on the last day of the previous quarter. The firm charges an initial minimum fee of $2,250 for new clients of the Firm at the start of the first quarter in which the Client engages us. Any portion of this initial fee that exceeds the standard Assets Under Management (AUM) fee will be credited towards the fees for the following quarter. Clients whose initial AUM fee is higher than the minimum fee will pay the standard AUM fee in advance. The annual fee is also negotiable under special circumstances. The annual fee is based on the market value of the assets under management, as follows: 6  Imperium Wealth Management, LLC Disclosure Brochure PORTFOLIO VALUE BASE FEE up to $750,000 1.15% Next $750,000 0.95% Next $1,000,000 0.75% Next $2,500,000 0.65% above $5,000,000 0.45% The firm, in its sole discretion, may negotiate to charge a lesser management fee based upon certain criteria (e.g., related accounts, anticipated future additional assets, dollar amount of assets to be managed, account composition, pre-existing client, account retention, pro bono activities, etc.). Financial Planning Services Fees IWM generally charges a fixed and/or hourly fee for providing financial planning and consulting services under a stand-alone engagement. These fees are negotiable, but generally range from $2,000 to $10,000 on a fixed fee basis and/or $800 on an hourly basis, depending upon the scope and complexity of the services and the professional rendering the financial planning and/or the consulting services. If the client engages the Firm for additional investment advisory services, IWM may offset all or a portion of its fees for those services based upon the amount paid for the financial planning and/or consulting services. The terms and conditions of the financial planning and/or consulting engagement are set forth in the Advisory Agreement and IWM generally requires one-half of the fee (estimated hourly or fixed) payable upon execution of the Advisory Agreement. The outstanding balance is generally due upon delivery of the financial plan or completion of the agreed upon services. The Firm does not, however, take receipt of $1200 or more in prepaid fees in excess of six months in advance of services rendered. Retirement Plan Consulting Fees IWM charges as fixed project-based fee to provide clients with retirement plan consulting services. Each engagement is individually negotiated and tailored to accommodate the needs of the individual plan sponsor, as memorialized in the Agreement. These fees vary, based on the scope of the services to be rendered. Fees Charged by Financial Institutions 7  Imperium Wealth Management, LLC Disclosure Brochure As further discussed in response to Item 12 (below), IWM generally recommends that clients utilize the brokerage and clearing services of certain custodian broker-dealers (“Financial Institutions”) for investment management accounts. These Financial Institutions offer to independent investment advisors services which include custody of securities, trade execution, clearance and settlement of transactions. IWM receives some benefits from Financial Institutions through its participation in their respective programs. IWM may only implement its investment management recommendations after the client has arranged for and furnished IWM with all information and authorization regarding accounts with appropriate financial institutions. Financial institutions include any broker-dealer recommended by IWM, broker-dealer directed by the client, trust companies, banks etc. (collectively referred to herein as the “Financial Institutions”). Clients may incur certain charges imposed by the Financial Institutions and other third parties such as custodial fees, charges imposed directly by a mutual fund or ETF in the account, which are disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Additionally, for assets outside of the Program, clients may incur brokerage commissions and transaction fees. Such charges, fees and commissions are exclusive of and in addition to IWM’s fee. The firm’s Agreement and the separate agreement with any Financial Institutions authorize IWM to debit the client’s account for the amount of IWM’s fee and to directly remit that management fee. The Financial Institutions recommended by IWM have agreed to send a statement to the client, at least quarterly, indicating all amounts disbursed from the account including the amount of management fees paid directly to IWM. Fees for Management During Partial Quarters of Service For the initial period of investment management services, the fees are calculated on a pro rata basis. The Agreement between IWM and the client will continue in effect until terminated by either party pursuant to the terms of the Agreement. IWM’s fees are prorated through the date of termination and any remaining balance is charged or refunded to the client, as appropriate. Clients may make additions to and withdrawals from their account at any time, subject to IWM’s right to terminate an account. Additions may be in cash or securities provided that IWM reserves the right to liquidate any transferred securities or decline to accept particular securities into a client’s account. Clients may withdraw account assets on notice to IWM, subject to the usual and customary securities settlement procedures. However, IWM designs its portfolios as long-term investments and the withdrawal of assets may impair the achievement of a client’s investment objectives. IWM may consult with its clients about the options and ramifications of transferring securities. However, clients are advised that when transferred securities are liquidated, they are subject to transaction fees, fees assessed at the mutual fund level (i.e. 8  Imperium Wealth Management, LLC Disclosure Brochure contingent deferred sales charge) and/or tax ramifications. If assets are deposited into or withdrawn from an account after the inception of a quarter the fee payable with respect to such assets will not be adjusted or prorated. Tax Services Fee For stand-alone tax preparation, research, planning and consulting work, IWM charges an hourly fee of $200. Fees may be more or less based on the scope of work, which will be outlined in the agreement. Item 6. Performance-Based Fees and Side-by-Side Management The firm does not provide any services for performance-based compensation. Performance- based fees are those based on a share of capital gains or capital appreciation. Item 7. Types of Clients IWM provides its services to individuals, pension and profit sharing plans, trusts, estates, corporations and business entities. Minimum Fee The firm does not require either a minimum fee or account balance except for clients in the Program who are subject to a minimum annual fee of $9,000. Item 8. Methods of Analysis, Investment Strategies and Risk of Loss IWM consults with clients initially and on an ongoing basis to develop an investment plan that is customized to each client’s goals and objectives. The firm employs fundamental, technical and cyclical methods of investment analysis. Methods of Analysis Fundamental analysis involves the fundamental financial condition and competitive position of a company. IWM will analyze the financial condition, capabilities of management, earnings, new products and services, as well as the company’s markets and position amongst its competitors in order to determine the recommendations made to clients. The primary risk in using fundamental analysis is that while the overall health and position of a company may be good, market conditions may negatively impact the security. Technical analysis involves the analysis of past market data rather than specific company data in determining the recommendations made to clients. Technical analysis may involve the 9  Imperium Wealth Management, LLC Disclosure Brochure use of charts to identify market patterns and trends which may be based on investor sentiment rather than the fundamentals of the company. The primary risk in using technical analysis is that spotting historical trends may not help to predict such trends in the future. Even if the trend will eventually reoccur, there is no guarantee that IWM will be able to accurately predict such a reoccurrence. Cyclical analysis is similar to technical analysis in that it involves the analysis of market conditions at a macro (entire market/economy) or micro (company specific) level, rather than the overall fundamental analysis of the health of the particular company that IWM is recommending. The risks with cyclical analysis are similar to those of technical analysis. Investment Strategies The firm’s investment strategy is to build a diversified portfolio in light of a client’s investment time horizon. An example of this includes investing long term dollars in long term assets such as unhedged stocks. IWM primarily allocates clients’ investment management assets among mutual funds, ETFs, individual debt and equity securities and/or options as well as REITs in accordance with the investment objectives of the client. Risk of Loss Mutual Funds and Exchange Traded Funds (ETFs) An investment in a mutual fund or ETF involves risk, including the loss of principal. Mutual fund and ETF shareholders are necessarily subject to the risks stemming from the individual issuers of the fund’s underlying portfolio securities. Such shareholders are also liable for taxes on any fund-level capital gains, as mutual funds and ETFs are required by law to distribute capital gains in the event they sell securities for a profit that cannot be offset by a corresponding loss. Shares of mutual funds are generally distributed and redeemed on an ongoing basis by the fund itself or a broker acting on its behalf. The trading price at which a share is transacted is equal to a fund’s stated daily per share net asset value (“NAV”), plus any shareholders fees (e.g., sales loads, purchase fees, redemption fees). The per share NAV of a mutual fund is calculated at the end of each business day, although the actual NAV fluctuates with intraday changes to the market value of the fund’s holdings. The trading prices of a mutual fund’s shares may differ significantly from the NAV during periods of market volatility, which may, among other factors, lead to the mutual fund’s shares trading at a premium or discount to NAV. Shares of ETFs are listed on securities exchanges and transacted at negotiated prices in the secondary market. Generally, ETF shares trade at or near their most recent NAV, which is generally calculated at least once daily for indexed-based ETFs and more frequently for actively managed ETFs. However, certain inefficiencies may cause the shares to trade at a premium or discount to their pro rata NAV. There is also no guarantee that an active secondary market for such shares will develop or continue to exist. Generally, an ETF only redeems 10  Imperium Wealth Management, LLC Disclosure Brochure shares when aggregated as creation units (usually 50,000 shares or more). Therefore, if a liquid secondary market ceases to exist for shares of a particular ETF, a shareholder may have no way to dispose of such shares. Options Options allow investors to buy or sell a security at a contracted “strike” price (not necessarily the current market price) at or within a specific period of time. Clients may pay or collect a premium for buying or selling an option. Investors transact in options to either hedge (limit) losses in an attempt to reduce risk or to speculate on the performance of the underlying securities. Options transactions contain a number of inherent risks, including the partial or total loss of principal in the event that the value of the underlying security or index does not increase/decrease to the level of the respective strike price. Holders of options contracts are also subject to default by the option writer which may be unwilling or unable to perform its contractual obligations. Market Risks The profitability of a significant portion of IWM’s recommendations may depend to a great extent upon correctly assessing the future course of price movements of stocks and bonds. There can be no assurance that IWM will be able to predict those price movements accurately. General Risk of Loss Investing in securities involves the risk of loss. Clients should be prepared to bear such loss. Item 9. Disciplinary Information IWM is required to disclose the facts of any legal or disciplinary events that are material to a client’s evaluation of its advisory business or the integrity of management. IWM does not have any required disclosures to this Item. Item 10. Other Financial Industry Activities and Affiliations Some members of our firm are certified public accountants who may provide income tax preparation and accounting services as part of our services. Clients have the option of engaging our firm for tax preparation, however, they are under no obligation to do so. Preparation of income tax returns are not expected to create conflicts of interest and will not affect our ability to supervise client accounts, as the volume of services is not expected to be significant and will be provided outside of normal business hours. 11  Imperium Wealth Management, LLC Disclosure Brochure Item 11. Code of Ethics The firm and persons associated with IWM (“Associated Persons”) are permitted to buy or sell securities that it also recommends to clients consistent with IWM’s policies and procedures. IWM has adopted a code of ethics that sets forth the standards of conduct expected of its associated persons and requires compliance with applicable securities laws (“Code of Ethics”). In accordance with Section 204A of the Investment Advisers Act of 1940 (the “Advisers Act”), its Code of Ethics contains written policies reasonably designed to prevent the unlawful use of material non-public information by IWM or any of its associated persons. The Code of Ethics also requires that certain of IWM’s personnel (called “Access Persons”) report their personal securities holdings and transactions and obtain pre- approval of certain investments such as initial public offerings and limited offerings. Unless specifically permitted in IWM’s Code of Ethics, none of IWM’s Access Persons may effect for themselves or for their immediate family (i.e., spouse, minor children, and adults living in the same household as the Access Person) any transactions in a security which is being actively purchased or sold, or is being considered for purchase or sale, on behalf of any of IWM’s clients. When IWM is purchasing or considering for purchase any security on behalf of a client, no Access Person may effect a transaction in that security prior to the completion of the purchase or until a decision has been made not to purchase such security. Similarly, when IWM is selling or considering the sale of any security on behalf of a client, no Access Person may effect a transaction in that security prior to the completion of the sale or until a decision has been made not to sell such security. These requirements are not applicable to: (i) direct obligations of the Government of the United States; (ii) money market instruments, bankers’ acceptances, bank certificates of deposit, commercial paper, repurchase agreements and other high quality short- term debt instruments, including repurchase agreements; (iii) shares issued by mutual funds or money market funds; and (iv) shares issued by unit investment trusts that are invested exclusively in one or more mutual funds. Clients and prospective clients may contact IWM to request a copy of its Code of Ethics. Item 12. Brokerage Practices IWM recommends that clients utilize the custody, brokerage and clearing services of Charles Schwab & Co., Inc., Nationwide Securities, Bloomwell, and TIAA Financial Services depending, in part, upon services rendered to the client. IWM utilizes Charles Schwab & Co., Inc. (“Schwab”) member FINRA/SIPC/NFA. Schwab is an independent (and unaffiliated) SEC-registered broker-dealer. Schwab offers to independent 12  Imperium Wealth Management, LLC Disclosure Brochure investment Advisors services which include custody of securities, trade execution, clearance and settlement of transactions. Advisor receives some benefits from Schwab through its participation in the program. (Please see the disclosure under Item 14 below.) Factors which IWM considers in recommending any custodian broker-dealer to clients include their respective financial strength, reputation, execution, pricing, research and service. The commissions paid by IWM’s clients comply with IWM’s duty to obtain “best execution.” Clients may pay commissions that are higher than another qualified Financial Institution might charge to effect the same transaction where IWM determines that the commissions are reasonable in relation to the value of the brokerage and research services received. In seeking best execution, the determinative factor is not the lowest possible cost, but whether the transaction represents the best qualitative execution, taking into consideration the full range of a Financial Institution’s services, including among others, the value of research provided, execution capability, commission rates, and responsiveness. IWM seeks competitive rates but may not necessarily obtain the lowest possible commission rates for client transactions. The firm periodically and systematically reviews its policies and procedures regarding its recommendation of Financial Institutions in light of its duty to obtain best execution. The client may direct IWM in writing to use a particular Financial Institution to execute some or all transactions for the client. In that case, the client will negotiate terms and arrangements for the account with that Financial Institution, and IWM will not seek better execution services or prices from other Financial Institutions or be able to “batch” client transactions for execution through other Financial Institutions with orders for other accounts managed by IWM (as described below). As a result, the client may pay higher commissions or other transaction costs or greater spreads, or receive less favorable net prices, on transactions for the account than would otherwise be the case. Subject to its duty of best execution, IWM may decline a client’s request to direct brokerage if, in IWM’s sole discretion, such directed brokerage arrangements would result in additional operational difficulties. Transactions for each client generally will be effected independently, unless IWM decides to purchase or sell the same securities for several clients at approximately the same time. IWM may (but is not obligated to) combine or “batch” such orders to obtain best execution, to negotiate more favorable commission rates, or to allocate equitably among IWM’s clients differences in prices and commissions or other transaction costs that might have been obtained had such orders been placed independently. Under this procedure, transactions will generally be averaged as to price and allocated among IWM’s clients pro rata to the purchase and sale orders placed for each client on any given day. To the extent that IWM determines to aggregate client orders for the purchase or sale of securities, including securities in which IWM’s Supervised Persons may invest, IWM generally does so in accordance with applicable rules promulgated under the Advisers Act and no-action guidance provided by the staff of the U.S. Securities and Exchange Commission. IWM does not receive any additional compensation or remuneration as a result of the aggregation. In the event that IWM determines that a prorated allocation is not appropriate under the particular circumstances, the allocation will be made based upon other relevant factors, which may include: (i) when only a small percentage of the order is executed, shares may be allocated to the account with the smallest order or the smallest position or to an account that is out of line with respect to security or sector weightings relative to other portfolios, with similar mandates; (ii) allocations may be given to one account when one account has limitations in its investment guidelines which prohibit it from purchasing 13  Imperium Wealth Management, LLC Disclosure Brochure other securities which are expected to produce similar investment results and can be purchased by other accounts; (iii) if an account reaches an investment guideline limit and cannot participate in an allocation, shares may be reallocated to other accounts (this may be due to unforeseen changes in an account’s assets after an order is placed); (iv) with respect to sale allocations, allocations may be given to accounts low in cash; (v) in cases when a pro rata allocation of a potential execution would result in a de minimis allocation in one or more accounts, IWM may exclude the account(s) from the allocation; the transactions may be executed on a pro rata basis among the remaining accounts; or (vi) in cases where a small proportion of an order is executed in all accounts, shares may be allocated to one or more accounts on a random basis. Consistent with obtaining best execution, brokerage transactions may be directed to certain broker- dealers in return for investment research products and/or services which assist IWM in its investment decision-making process. Such research generally will be used to service all of IWM’s clients, but brokerage commissions paid by one client may be used to pay for research that is not used in managing that client’s portfolio. The receipt of investment research products and/or services as well as the allocation of the benefit of such investment research products and/or services poses a conflict of interest because IWM does not have to produce or pay for the products or services. Software and Support Provided by Financial Institutions IWM may receive from Schwab, without cost to the firm, computer software and related systems support, which allow the firm to better monitor client accounts maintained at Schwab. The firm may receive the software and related support without cost because it renders investment management services to clients that maintain assets at the particular Schwab. The software and related systems support may benefit IWM, but not its clients directly. In fulfilling its duties to its clients, the firm endeavors at all times to put its clients’ interests first. Clients should be aware; however, that IWM’s receipt of economic benefits from a broker-dealer creates a conflict of interest since these benefits may influence the firm’s choice of broker- dealer over another broker-dealer that does not furnish similar software, systems support, or services. There is no direct link between IWM’s participation in Schwab’s institutional customer program and the investment advice it gives to its clients, although IWM receives economic benefits through its participation in the program that are typically not available to Schwab retail investors. Additionally, IWM may receive the following benefits from Schwab through its registered investment adviser division: receipt of duplicate client confirmations and bundled duplicate statements; access to a trading desk that exclusively services its Registered Investment Adviser participants; access to block trading which provides the ability to aggregate securities transactions and then allocate the appropriate shares to client accounts; and access to an electronic communication network for client order entry and account information. The Firm also has the ability deduct advisory fees directly from client accounts; access to an 14  Imperium Wealth Management, LLC Disclosure Brochure electronic communications network for client order entry and account information; access to mutual funds with no transaction fees and to certain institutional money managers; and discounts on compliance, marketing, research, technology, and practice management products or services provided to the Firm by third party vendors. Schwab may fund business consulting and professional services received by IWM’s related persons. Some of the products and services made available by Schwab through the program may benefit IWM but not its client. These products or services may assist IWM in managing and administering client accounts, including accounts not maintained at Schwab. Other services made available by Schwab are intended to help IWM manage and further develop its business enterprise. The benefits received by IWM’s participation in the program do not depend on the amount of brokerage transactions directed to Schwab. These services generally are available to independent investment advisors on an unsolicited basis, at no charge to them so long as a certain amount of the advisor’s clients’ assets are maintained in accounts at Schwab. Schwab’s services include brokerage services that are related to the execution of securities transactions, custody, research, including that in the form of advice, analyses and reports, and access to mutual funds and other investments that are otherwise generally available only to institutional investors or would require a significantly higher minimum initial investment. For client accounts maintained in its custody, Schwab generally does not charge separately for custody services but is compensated by account holders through commissions or other transaction- related or asset-based fees for securities trades that are executed through Schwab or that settle into Schwab accounts. Schwab also makes available to the Firm other products and services that benefit the Firm but may not benefit its clients’ accounts. These benefits may include national, regional or Firm specific educational events organized and/or sponsored by Schwab. Other potential benefits may include occasional business entertainment of personnel of IWM by Schwab personnel, including meals, invitations to sporting events, including golf tournaments, and other forms of entertainment, some of which may accompany educational opportunities. Other of these products and services assist IWM in managing and administering clients’ accounts. These include software and other technology (and related technological training) that provide access to client account data (such as trade confirmations and account statements), facilitate trade execution (and allocation of aggregated trade orders for multiple client accounts), provide research, pricing information and other market data, facilitate payment of the Firm's fees from its clients’ accounts, and assist with back-office training and support functions, recordkeeping and client reporting. Many of these services generally may be used to service all or some substantial number of the Firm’s accounts, including accounts not maintained at Schwab. Schwab also makes available to IWM other services intended to help the Firm manage and further develop its business enterprise. These services may include professional compliance, 15  Imperium Wealth Management, LLC Disclosure Brochure legal and business consulting, publications and conferences on practice management, information technology, business succession, regulatory compliance, employee benefits providers, human capital consultants, insurance and marketing. In addition, Schwab may make available, arrange and/or pay vendors for these types of services rendered to the Firm by independent third parties. Schwab may discount or waive fees it would otherwise charge for some of these services or pay all or a part of the fees of a third- party providing these services to the Firm. While, as a fiduciary, IWM endeavors to act in its clients’ best interests, the Firm's recommendation that clients maintain their assets in accounts at Schwab may be based in part on the benefits received and not solely on the nature, cost or quality of custody and brokerage services provided by Schwab, which creates a potential conflict of interest. Item 13. Review of Accounts For those clients to whom the firm provides investment management services, it monitors those portfolios as part of an ongoing process while regular account reviews are conducted on at least an annual basis. For those clients to whom IWM provides financial planning services, reviews are conducted on an “as needed” basis. Such reviews are conducted by one of the firm’s investment adviser representatives. All investment advisory clients are encouraged to discuss their needs, goals, and objectives with IWM and to keep IWM informed of any changes thereto. IWM contacts ongoing investment advisory clients at least annually to review its previous services and/or recommendations and to discuss the impact resulting from any changes in the client’s financial situation and/or investment objectives. Unless otherwise agreed upon, clients are provided with transaction confirmation notices and regular summary account statements directly from the broker-dealer or custodian for the client accounts. Financial planning clients will receive reports summarizing the firm’s analysis and conclusions as requested by the client or otherwise agreed to in writing. Item 14. Client Referrals and Other Compensation The Firm does not currently provide compensation to any third-party solicitors for client referrals. Other Compensation The Firm receives economic benefits from Schwab. The benefits, conflicts of interest and how they are addressed are discussed above in response to Item 12. Item 15. Custody The firm’s Agreement and/or the separate agreement with any Financial Institution may 16  Imperium Wealth Management, LLC Disclosure Brochure authorize IWM through such Financial Institution to debit the client’s account for the amount of IWM’s fee and to directly remit that management fee to IWM in accordance with applicable custody rules. The Financial Institutions recommended by IWM have agreed to send a statement to the client, at least quarterly, indicating all amounts disbursed from the account including the amount of management fees paid directly to IWM. Standing Letters of Authorization IWM also has custody due to clients giving the Firm limited power of attorney in a standing letter of authorization (“SLOA”) to disburse funds to one or more third parties as specifically designated by the client. In such circumstances, the Firm will implement the steps in the SEC’s no-action letter on February 21, 2017 which includes (in summary): i) client will provide instruction for the SLOA to the custodian; ii) client will authorize the Firm to direct transfers to the specific third party; iii) the custodian will perform appropriate verification of the instruction and provide a transfer of funds notice to the client promptly after each transfer; iv) the client will have the ability to terminate or change the instruction; v) the Firm will have no authority or ability to designate or change the identity or any information about the third party; vi) the Firm will keep records showing that the third party is not a related party of the Firm or located at the same address as the Firm; and vii) the custodian will send the client an initial and annual notice confirming the SLOA instructions. Item 16. Investment Discretion The firm is generally given the authority to exercise investment discretion on behalf of clients. Investment discretion over a client’s account occurs where an adviser is legally authorized to effect transactions for the client without first having to seek the client’s consent. This authority is conferred through a power-of- attorney included in the agreement between IWM and the client. Clients may request a limitation on this authority (such as certain securities not to be bought or sold). The firm overseas discretion over the following activities: • The securities to be purchased or sold; • The amount of securities to be purchased or sold; and • When transactions are made. Item 17. Voting Client Securities The firm is required to disclose if it accepts authority to vote client securities. The firm does not vote client securities on behalf of its clients. Clients receive proxies directly from the Financial Institutions. 17  Imperium Wealth Management, LLC Disclosure Brochure Item 18. Financial Information The firm is required to disclose whether it requires the prepayment of fees exceeding $1200 six months or more in advance of providing advisory services. In addition, the firm is required to disclose any financial condition that is reasonably likely to impair its ability to meet contractual commitments to clients. The firm has no disclosures to report pursuant to this Item. 18  Imperium Wealth Management, LLC Disclosure Brochure Imperium Wealth Management, LLC a Registered Investment Adviser 112 East Pecan St., Suite 2910, San Antonio, TX 78205 (210) 332-9533 www.imperiumwealth.com 19