PARKSIDE ADVISORS LLC

Parkside Advisors LLC Part 2A of Form ADV: Brochure 2040 Bancroft Way, Suite 300 Berkeley, CA 94704 510-883-1350 www.parksideadvisors.com March 5, 2025 : Cover Page Item 1: Cover Page This Brochure provides information about the qualifications and business practices of Parkside Advisors LLC (“Parkside”). If you have any questions about the contents of this Brochure, please contact us at 510- 883-1350 and/or info@parksideadvisors.com. The information in this Brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. information about Parkside Advisors LLC is available on the SEC’s website at Additional www.adviserinfo.sec.gov. Item 2: Material Changes Parkside is required to advise you of any material changes to our Brochure since the date of our last annual update, which was on March 11, 2024. This annual updating amendment updates our professional biographies and makes non-material edits to prior disclosures. i Berkeley | San Francisco www.parksideadvisors.com • 510.883.1350 INVESTMENT MANAGEMENT | FINANCIAL PLANNING | TAX PLANNING FINANCIAL PLAN UPDATE February 2018 Client Name  Item 3: Table of Contents : Cover Page ................................................................................................................................................. i Item 1: Cover Page ....................................................................................................................................... i Item 2: Material Changes .............................................................................................................................. i Item 4: Advisory Business ............................................................................................................................ 1 A. Investment Management Services ...................................................................................................... 1 B. Financial Planning Services .................................................................................................................. 1 C. Tax Planning ......................................................................................................................................... 2 Item 5: Fees and Compensation .................................................................................................................. 2 Item 6: Performance-Based Fees and Side-By-Side Management ............................................................. 3 Item 7: Types of Clients ............................................................................................................................... 3 Item 8: Methods of Analysis, Investment Strategies and Risk of Loss ........................................................ 3 Item 9: Disciplinary Information .................................................................................................................... 5 Item 10: Other Financial Industry Activities and Affiliations ......................................................................... 5 Item 11: Code of Ethics ................................................................................................................................ 5 Item 12: Brokerage Practices ....................................................................................................................... 5 Item 13: Review of Accounts........................................................................................................................ 7 Item 14: Client Referrals and Other Compensation ..................................................................................... 7 Item 15: Custody .......................................................................................................................................... 7 Item 16: Investment Discretion .................................................................................................................... 8 Item 17: Voting Client Securities .................................................................................................................. 8 Item 18: Financial Information ...................................................................................................................... 8 Charles Benziger’s Biographical Information .............................................................................................. 10 Audrey Grubman’s Biographical Information .............................................................................................. 11 Rael Rubin’s Biographical Information ........................................................................................................ 12 Bradford Stimpson’s Biographical Information ............................................................................................ 13 ii  Item 4: Advisory Business Parkside Advisors LLC (“Parkside”), formerly Grubman Wealth Management, was founded in 1996 and is owned by Charles Benziger, through his ownership of Parkside Capital Advisors LLC, and Audrey Grubman, through her ownership of Grubman Management, Inc. Parkside offers advisory services to individuals, trusts, estates, corporations and other entities. Parkside is a fiduciary to its investment advisory clients. As a fiduciary, it is committed to providing investment management services that are in the best interest of each client, acting with the care, skill, and diligence of a prudent person acting in a like capacity. Parkside provides its services taking into consideration the investment goals and objectives, risk tolerance, financial circumstances, and needs of each client without regard to the financial or other interests of Parkside or its employees, affiliates or related parties. Parkside has a main office in Berkeley, CA and maintains a branch office in San Francisco, CA. A. Investment Management Services Parkside provides Investment Management Services, defined as giving continuous advice to a client, or making investments for a client, based on the individual needs of the client. Through personal discussions in which goals and objectives based on a client's particular circumstances are established, Parkside develops a client's investment policy and creates and manages a portfolio based on that policy. Each portfolio is designed with reference to each client's individual financial objectives and income tax considerations. Parkside manages portfolios on a discretionary basis. Our portfolio strategies typically incorporate a diversified global asset allocation strategy utilizing index-linked exchange-traded funds or mutual funds. Asset allocations are based on a benchmark portfolio with a historical rate of return and volatility or standard deviation. The benchmark portfolio for each client is determined by a financial plan developed by Parkside with the client, or through discussions about risk and historical returns of the various asset classes in the benchmark portfolios referenced in Parkside’s portfolio construction. A benchmark portfolio with a particular historical rate of return and volatility or standard deviation is chosen by the client to be referenced by Parkside in the construction and management of the client’s portfolio. Fund selections typically include low- fee, no-load mutual funds and exchange-traded funds. For certain clients, portfolios will also include individual securities, such as stocks and bonds. In some situations, Parkside may recommend that a subadvisor be engaged to manage all or a portion of the portfolio in accordance with an investment strategy suited for a client’s particular circumstances. In that circumstance, Parkside retains supervisory discretionary authority over the subadvisory relationship. Parkside does not offer recommendations regarding rolling over 401(k)/403(b) assets into an individual retirement account. As of December 31, 2024, Parkside managed $746,542,674 on behalf of 218 clients. B. Financial Planning Services Parkside provides comprehensive financial planning and advice concerning various aspects of personal finance, including stock option planning, tax planning, debt and cash management, retirement planning, investment management, insurance needs and estate planning. Clients discuss their specific goals and objectives, income and expense expectations, cash flow needs, and provide financial data to Parkside through an information organizer. Parkside reviews this information and develops a draft financial plan. The draft financial plan includes assumptions such as investment returns and volatility, income taxes and inflation rates. Parkside and the client then meet to review the assumptions and projections in detail, agree on revisions and “what-if” scenarios. Scenarios are developed to address specific client concerns (or Parkside’s concerns about the client’s plan, e.g., if investment returns are lower than assumed, or if the client’s spending increases.) Parkside and the client review the assumptions and projections to identify revisions to be made to the draft financial plan. Parkside incorporates the revisions into the financial plan and develops an action plan with the client to implement the financial plan 1  recommendations. Parkside views the financial plan as a living document that can be updated over time with the client, for example if their financial situation changes. C. Tax Planning Parkside’s tax planning services include reviewing a client’s financial and tax situation to help the client consider ways they may be able to reduce their tax liabilities or increase their tax deferral opportunities. The process typically involves Parkside reviewing a client’s recently filed tax returns and then discussing the results of the review, including possible recommendations or action items for the client to consider. Item 5: Fees and Compensation Parkside's standard annual fee for its services is based on a percentage of assets under management. Fees are billed in arrears each calendar quarter based on the portfolio value including cash and cash equivalents at the end of the quarter. Parkside’s annual fee schedule scales as follows: Assets Under Management Annual Fee $0 to $2,500,000 0.90% $2,500,001 to $5,000,000 0.75% Over $5,000,000 0.45% Depending upon the circumstances of the engagement and the nature and complexity of the portfolio, Parkside may negotiate a management fee different from the above schedule. The first quarter's fee for a new client is prorated for the number of days in the quarter that the assets were managed, beginning the day of initial funding of the account(s). Parkside may, at its discretion, waive the first prorated fee. If a client terminates the investment management agreement with Parkside in the middle of a billing period, the final invoice will be prorated for the number of days that the account was managed. Parkside has up to 30 days to complete the termination process. Clients authorize Parkside to deduct the quarterly investment management fee automatically from their managed accounts at the custodian. In addition to Parkside’s investment management fees, clients bear any applicable trading costs and/or custodial fees. To the extent that clients’ accounts are invested in mutual funds and exchange-traded funds, these funds charge a separate layer of management, trading, and administrative expenses. These fees and expenses are described in each fund’s prospectus. Such charges, fees and commissions are exclusive of and in addition to Parkside’s fee. Parkside does not receive any portion of these commissions, fees, or expenses. If, after consultation with the client, Parkside has engaged a subadvisor to manage all or a portion of the client’s portfolio in accordance with a customized investment strategy, clients will pay a management fee to the subadvisor on the value of those assets in addition to Parkside’s fee on them. Item 12 further describes the factors that Parkside considers in selecting or recommending broker/dealers for client transactions and determining the reasonableness of their compensation (e.g., commissions). Parkside is compensated solely by fees paid by its clients and does not accept commissions or compensation from any other source (for example mutual funds, insurance products, other investment products, or referrals). Parkside charges an assets under management-based fee. As a result, Parkside’s recommendation to bring assets under its management or to keep them under management creates a conflict of interest with the client. Parkside acts as a fiduciary in making any such recommendation. It always considers the client’s facts and circumstances in determining whether the advice would be in the client’s best interests. 2  Item 6: Performance-Based Fees and Side-By-Side Management Parkside provides Investment Management Services, Financial Planning Services, and Tax Planning Services as described above. These services are provided on an account-by-account basis and are provided to individual account holders as described below. Parkside does not have financial arrangements with any account holders that provide a financial incentive to favor one account over any other managed account. Parkside does not charge performance-based fees. Item 7: Types of Clients Parkside primarily provides investment management services to individuals, high-net-worth individuals, and corporations, as well as to their associated trusts and estates. Parkside typically works with clients with investment assets of $2.0 million or more, although the firm may begin working with some clients at lower asset levels. Item 8: Methods of Analysis, Investment Strategies and Risk of Loss Parkside has an Investment Management Committee. Parkside’s Investment Management Committee works together to conduct analysis of all securities recommended for client accounts. This analysis varies depending on the security in question. Portfolios utilized by Parkside are based on a benchmark portfolio with a historical rate of return and volatility or standard deviation. The benchmark portfolio referenced for each client is determined by a financial plan developed by Parkside with the client, or through discussions about risk and historical returns of the various asset classes in the benchmark portfolios referenced in Parkside’s portfolio construction. A benchmark portfolio with a particular historical rate of return and volatility or standard deviation is chosen by the client to be referenced by Parkside in the construction and management of the client’s portfolio. There is no guarantee that the portfolio constructed by Parkside for the client based on the benchmark portfolio will perform in the future as the benchmark portfolio has performed historically. The analysis of the various assets utilized in the portfolios and investments managed by Parkside is dependent on the characteristics of those assets. For mutual funds and ETFs, the analysis generally includes a review of:  The fund’s historical risk and return characteristics;  The fund’s associated benchmark;  The fund’s exposure to sectors and individual issuers;  The fund’s fee structure; and  Any other factors considered relevant. For client accounts in which we recommend holding individual stocks our analysis generally includes a review of the company’s quarterly and annual reports that include earnings, cash flow and balance sheet trends, the stock’s relative valuation in the market, and additional factors considered relevant. For client accounts in which we recommend holding individual bonds our analysis generally includes a review of the credit ratings issued by industry credit rating agencies, such as S&P and Moody’s, the structure, yield and duration of the issue, and additional factors considered relevant. 3  Parkside Advisors provides portfolio solutions for clients that would like to have sustainable investment factors incorporated into their investment plan. Parkside uses funds in the ESG Aware family of sustainable funds issued by Blackrock, which are intended to strike a balance by modeling a similar risk and return profile as market indexes while tilting towards companies with favorable ESG ratings. The funds track indexes developed and determined by MSCI. Parkside may engage a subadvisor to implement a direct indexing strategy tied to a MSCI ESG index. Specific information regarding the sustainability component of these funds and MSCI ESG indexing is available on the Blackrock and MSCI websites. Parkside Advisors does not monitor securities in the underlying indexes with respect to sustainability objectives or assess the validity of MSCI’s evaluation of these objectives or the criteria and data used in that such evaluation. Certain clients may invest in stock options. Typically, stock option investments can be made to hedge a concentrated stock position, for investment purposes or for downside protection. Options strategies may involve an additional degree of risk and are only implemented after discussion with the client and when they are deemed to be consistent with the clients’ stated objectives, financial profile, tolerance for risk and overall investment plan. Margin borrowing will not be used for investment leverage purposes unless the client specifically directs Parkside to do so. Parkside may occasionally purchase securities using margin borrowing to avoid waiting for sales to settle before making purchases. Parkside also may take short positions in exchange traded funds or individual securities for certain client portfolios where the client directs Parkside to do so. Managing short positions for client portfolios requires that those accounts maintain a margin account with the custodian. When requested by the client, Parkside may use margin borrowing to provide funds for client’s cash requirements before the portfolio is rebalanced to make funds available. Risk of loss: Investing in securities involves risk of loss that clients should be prepared to bear. While the stock or bond markets may increase and a client’s account(s) could increase in value, it is also possible that the stock or bond markets may decrease and a client’s account(s) decrease in value below the amount originally invested and suffer a loss. It is important that clients understand the risks associated with investing in the stock and bond markets and ask Parkside any questions they may have. Some risks associated with Parkside’s investment strategy are:  Market risk: the risk that large-scale events will negatively affect the economy and the stock market.  Small company risk: small companies are often less liquid than large companies. As a result, small company stocks and the funds that invest in them may fluctuate relatively more in price.  Concentration risk: exposure to individual stock positions may cause a loss of investment due to specific company risks, such as fraud, lawsuits, shift in consumer preferences, etc. The implementation of an asset-allocation investment strategy in broad based index funds limits individual stock exposure (i.e. concentration risk). However, under specific client circumstances, we may hold individual options, stocks or bonds, which may lose value. Parkside may use Stop Loss orders to limit downside risk.  Foreign and emerging markets risk: legal, political, or diplomatic actions of foreign governments could adversely affect the value of an investment, as could changes in the values of foreign currencies relative to the U.S. dollar.  Currency risk: changes in the value of foreign currencies relative to the U.S. dollar will affect the value of investments in U.S. dollar terms. International equity funds may utilize forward currency contracts to minimize these changes, but in general, Parkside does not hedge international investments to protect against currency risk. Interest rate risk: if interest rates rise, the value of most bonds will fall.  4   Credit risk: the possibility that a bond issuer will default, which could lead to a downgrade in the credit rating of a bond and may cause the value of the bond to decrease.  Sustainable investing risk: an approach that restricts the available investments eligible for the portfolio can result in a greater likelihood that the portfolio will underperform the traditional market indices over time. Funds with a sustainability component can have higher annual fees than their traditional fund counterparts commonly used in Parkside’s traditional portfolios. Item 9: Disciplinary Information Neither Parkside nor its employees have been involved in any legal or disciplinary events that would be material to a client’s evaluation of the company or its personnel. Item 10: Other Financial Industry Activities and Affiliations Parkside's primary business is wealth management, of which investment management is a major component. Parkside offers integrated financial planning, investment management and tax planning services. Parkside and its employees do not have any relationships or arrangements with other financial services companies that pose material conflicts of interest. Item 11: Code of Ethics Parkside has adopted a written code of ethics that is applicable to all employees. Among other things, the code requires Parkside and its employees to act in clients’ best interests, with honesty, integrity and professionalism, and to abide by all applicable regulations. The Code of Ethics requires employees to preserve the confidentiality of client information, to avoid even the appearance of insider trading, to disclose any potential conflicts of interest and to pre-clear and regularly report on many types of personal securities transactions. Parkside’s restrictions on personal securities trading apply to employees, as well as employees’ family members living in the same household. Parkside’s clients or prospective clients may request a copy of the firm's Code of Ethics by contacting Jill Martin, Chief Compliance Officer of Parkside at (510) 883-1350. Parkside's Code of Ethics is also available at www.parksideadvisors.com. Item 12: Brokerage Practices Parkside will not take physical possession or control of any client assets at any time. Parkside recommends that clients establish brokerage accounts with the Fidelity Institutional division of Fidelity Investments (“Fidelity”) or the Schwab Institutional division of Charles Schwab & Co. (“Schwab). Clients may choose Fidelity or Schwab as custodian and broker/dealer of their accounts. Parkside is independently owned and operated and not affiliated with Fidelity or Schwab. If the client has executed a Prime Brokerage Agreement with the custodian, Parkside may execute fixed income transactions with a broker/dealer other than the custodian of their accounts. Parkside may use a broker other than Fidelity or Schwab for purchases and sales of fixed income securities to access a wider range of securities or to obtain better prices for the client. Fidelity and Schwab generally are compensated by account holders through commissions or other transaction-related fees for securities trades executed through Fidelity or Schwab, or that settle into Fidelity or Schwab. Fidelity and Schwab are also compensated by management fees and administrative fees charged to clients with investments in Fidelity and Schwab’s mutual funds and money market mutual funds. 5  Fidelity and Schwab may charge mutual funds shelf space fees which enable those funds to be offered for purchase through Fidelity and Schwab. Parkside does not participate in any transaction fees charged by, or commissions paid to, the broker/dealer or custodian. Parkside does not receive any fees, or commissions or other compensation for opening or maintaining client accounts. Commission rates are generally set by the broker. Best Execution Parkside has sought to make a good-faith determination that Fidelity and Schwab provide clients with good services at competitive prices. Fidelity and Schwab are discount brokers who charge relatively low commission fees. Parkside would notify its clients if it were to determine that another firm offered better total service than Fidelity or Schwab. Soft Dollar Benefits Parkside Advisors LLC is not a party to any formal soft dollar arrangements. Parkside receives certain products and services from Fidelity and Schwab free of charge or at discounted rates. Fidelity and Schwab provide Parkside with access to their institutional trading and custody services. Fidelity and Schwab may additionally provide access to some mutual funds that would not be available through Fidelity or Schwab’s retail divisions or would have higher transaction fees if traded through the retail divisions. The provision of any of these products and services is not contingent upon Parkside having any specific amount of assets in custody, other than the minimums required to establish an institutional relationship with the custodians, or any volume or frequency of trading. These products and services include:  Software and other technology that provide access to client account data;  Access to an electronic network for order entry, including the simultaneous entry of trades for multiple client accounts;  Pricing information;  The receipt of duplicate client trade confirmations, statements, and tax forms;  Direct advisory fee debiting capabilities;  Access to market and industry research; and  Access to industry seminars and events. Fidelity and Schwab also make available to Parkside other services intended to help Parkside manage and develop its business enterprise, such as consulting, publications, and conferences on practice management, information technology, regulatory compliance and marketing. Fidelity and Schwab may make available, arrange, provide a discount for and/or pay for these types of services provided by independent third parties. Parkside endeavors to act in each of its client's best interest. However, Parkside's requirement that clients maintain their assets in accounts at Schwab or Fidelity may be based in part on the benefit to Parkside of the availability of some of the foregoing products and services and not solely on the nature, cost or quality of custody and brokerage services provided by Fidelity and Schwab, which creates a conflict of interest. 6  Aggregated Trades When purchasing the same security for more than one client account, Parkside may aggregate orders to provide the same average price and trading costs as if the securities were purchased individually. The custodian then allocates trades to individual client accounts. Directed Brokerage Certain clients may direct Parkside to use a specific custodian or broker/dealer for one or more of their accounts, for example an employer’s retirement plan account that cannot be transferred to Fidelity or Schwab’s institutional divisions. In such cases, Parkside's ability to achieve best execution may be eliminated. Directing brokerage may cost clients more money. Parkside reserves the right to decline acceptance of any client account that directs the use of a custodian or broker other than Fidelity or Schwab if Parkside believes that the broker/dealer would adversely affect Parkside's fiduciary duty to the client and/or ability to effectively service the client's portfolio. Item 13: Review of Accounts All accounts are reviewed at least semi-annually by one or more members of the Investment Management Committee to confirm that clients’ investments are consistent with their Investment Policy Statements and with Parkside’s investment models. Parkside’s investment committee consists of Charles Benziger and Audrey Grubman, the firm’s Managing Principals. Reviews include a comparison of the portfolio's performance to appropriate benchmarks. If performance deviates materially from the relevant benchmark, the reason for such deviation is determined to ensure the portfolio is properly managed. Clients receive a quarterly statement from Parkside which includes a listing of all investment holdings in the managed portfolio, current market valuations, performance calculations, allocation proportions, and performance evaluation relative to standard investment benchmarks. Parkside’s quarterly statements are transmitted electronically unless a paper copy has been requested by the client. Clients also receive regular statements from the custodians of their individual accounts, typically monthly, and may elect to receive these statements electronically or via U.S. Mail. Parkside recommends updates to the client's financial plan if circumstances warrant. Financial Planning services are rendered upon the client's request. Item 14: Client Referrals and Other Compensation Other than the previously described products and services that Parkside receives from Fidelity and Schwab, Parkside does not receive any other economic benefits from non-clients in connection with the provision of investment advice to clients. Parkside does not use solicitors to obtain clients and does not pay any client referral fees apart from bonuses paid to supervised staff on account of such referrals. Item 15: Custody All clients’ accounts are held by unaffiliated broker/dealers or banks, but Parkside can access clients’ accounts through its ability to debit advisory fees. Account custodians send statements directly to the account owners on at least a quarterly basis. Parkside urges clients to carefully review these statements and compare them to the quarterly statements provided by Parkside. Note however that Parkside’s statements may vary from custodial statements based on accounting procedures, reporting dates, or valuation methods for certain securities. 7  Item 16: Investment Discretion Parkside has investment discretion over all clients’ accounts. Clients grant Parkside trading discretion through the execution of a limited power of attorney included in Parkside’s advisory contract. Clients can place reasonable restrictions on Parkside’s investment discretion. For example, some clients have placed restrictions on the use of margin, options, and/or short sales, or have asked Parkside not to sell certain securities in their account. Item 17: Voting Client Securities Parkside does not vote proxies on behalf of its clients. Parkside and/or the client will instruct each custodian to send all proxies and shareholder communications directly to the client. Clients retain the responsibility for receiving and voting proxies for any and all securities maintained in client portfolios, and for making all elections relative to any mergers, acquisitions, tender offers, bankruptcy proceeding or other events pertaining to the client’s investment assets. Where Parkside has engaged a subadvisor to implement a direct indexing strategy for a client, the subadvisor votes proxies on behalf of the Parkside client. Item 18: Financial Information Parkside has never filed for bankruptcy and is not aware of any financial condition that is expected to affect its ability to manage client accounts. 8  Parkside Advisors LLC Part 2B of Form ADV: Brochure Supplement 2040 Bancroft Way, Suite 300 Berkeley, CA 94704 510-883-1350 www.parksideadvisors.com March 5, 2025 This Brochure Supplement provides information about Charles Benziger, Audrey Grubman, Rael Rubin and Bradford Stimpson. It supplements Parkside’s accompanying Form ADV brochure. Please contact Jill Martin, Chief Compliance Officer, at 510-883-1350 if you have any questions about the contents of this supplement. Additional information about Charles Benziger, Audrey Grubman, Rael Rubin and Bradford Stimpson is available on the SEC’s website at www.adviserinfo.sec.gov. 9  Charles Benziger’s Biographical Information Educational Background and Business Experience Charles Benziger was born in 1970. He received a BA in English from Georgetown University in 1992 and an MBA in Finance and Accounting from Northwestern University’s Kellogg School of Management in 1998. He is a Managing Principal at Parkside. Mr. Benziger was the Managing Member of Parkside Capital Advisors LLC which he founded in 2013 and merged with Parkside Advisors LLC, formerly Grubman Wealth Management, in 2018. Prior to that he was an analyst and portfolio manager at Citadel LLC and Galleon Group and an analyst at SAC Capital Advisors and Perry Capital. Disciplinary Information Mr. Benziger has not been involved in any legal or disciplinary events that would be material to a client’s evaluation of Mr. Benziger or Parkside. Other Business Activities Mr. Benziger does not receive any compensation in connection with any business activity outside of Parkside. Additional Compensation Mr. Benziger does not receive economic benefits from any person or entity other than Parkside in connection with the provision of investment advice to clients. Supervision Mr. Benziger, Managing Principal of Parkside, serves as an advisor for the firm and is supervised by Audrey Grubman, also a Managing Principal of Parkside, and Jill Martin, the Chief Compliance Officer. These individuals can be reached by calling the telephone number on the cover of this brochure supplement. 10  Audrey Grubman’s Biographical Information Educational Background and Business Experience Audrey Grubman was born in 1957. She attended Northeastern University from 1975-1976, and the Massachusetts Institute of Technology from 1976-1978. Ms. Grubman founded Grubman Wealth Management and served as its President from 1996 until 2018 when the company became Parkside Advisors LLC (“Parkside”). She is a Managing Principal of Parkside. She earned her CERTIFIED FINANCIAL PLANNER® certification in 1998. 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 several 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® mark, an individual must complete an advanced college-level course of study that includes the following subject areas: insurance planning; risk management; employee benefits planning; investment planning; income tax planning; retirement planning; and estate planning. The individual must then pass the comprehensive CFP® Certification Examination, complete at least two to three years of full-time financial planning experience, agree to be bound by the CFP Board’s Standards of Professional Conduct, and complete 30 hours of continuing education every two years. Disciplinary Information Ms. Grubman has not been involved in any legal or disciplinary events that would be material to a client’s evaluation of Ms. Grubman or Parkside. Other Business Activities Ms. Grubman does not receive any compensation in connection with any business activity outside of Parkside. Additional Compensation Ms. Grubman does not receive economic benefits from any person or entity other than Parkside in connection with the provision of investment advice to clients. Supervision Ms. Grubman, Managing Principal of Parkside, serves as an advisor for the firm and is supervised by Charles Benziger, also a Managing Principal of Parkside, and Jill Martin, the Chief Compliance Officer. These individuals can be reached by calling the telephone number on the cover of this brochure supplement. 11  Rael Rubin’s Biographical Information Educational Background and Business Experience Rael Rubin was born in 1997. He received a BA in Finance and Management Information Systems from Washington State University in 2019. He is a senior associate and advisor. Prior to joining Parkside, Mr. Rubin was a portfolio analytics associate for Fisher Investments. He joined Parkside in December 2020. He earned his CERTIFIED FINANCIAL PLANNER® certification in 2024. 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 several 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® mark, an individual must complete an advanced college-level course of study that includes the following subject areas: insurance planning; risk management; employee benefits planning; investment planning; income tax planning; retirement planning; and estate planning. The individual must then pass the comprehensive CFP® Certification Examination, complete at least two to three years of full-time financial planning experience, agree to be bound by the CFP Board’s Standards of Professional Conduct, and complete 30 hours of continuing education every two years. Disciplinary Information Mr. Rubin has not been involved in any legal or disciplinary events that would be material to a client’s evaluation of Mr. Rubin or Parkside. Other Business Activities Parkside’s primary business is wealth management, of which investment management is a major component. Parkside offers integrated financial planning, tax planning, and investment management services. Mr. Rubin does not receive any compensation in connection with any business activity outside of Parkside. Additional Compensation Mr. Rubin does not receive economic benefits from any person or entity other than Parkside in connection with the provision of investment advice to clients. Supervision Mr. Rubin reports directly to Parkside’s Chief Compliance Officer, Jill Martin. Mr. Rubin’s advisory responsibilities are supervised by Parkside’s Managing Principals, Mr. Benziger and Ms. Grubman. These individuals can be reached by calling the telephone number on the cover of this brochure supplement. 12  Bradford Stimpson’s Biographical Information Educational Background and Business Experience Bradford Stimpson was born in 2001. He received a BA in Economics from California State University Chico in 2023. He is an associate and advisor. Prior to joining Parkside, Mr. Stimpson was a financial services intern at Summit Financial Group. He joined Parkside in December 2024. Disciplinary Information Mr. Stimpson has not been involved in any legal or disciplinary events that would be material to a client’s evaluation of Mr. Stimpson or Parkside. Other Business Activities Parkside’s primary business is wealth management, of which investment management is a major component. Parkside offers integrated financial planning, tax planning, and investment management services. Mr. Stimpson does not receive any compensation in connection with any business activity outside of Parkside. Additional Compensation Mr. Stimpson does not receive economic benefits from any person or entity other than Parkside in connection with the provision of investment advice to clients. Supervision Mr. Stimpson reports directly to Parkside’s Chief Compliance Officer, Jill Martin. Mr. Stimpson’s advisory responsibilities are supervised by Parkside’s Managing Principals, Mr. Benziger and Ms. Grubman. These individuals can be reached by calling the telephone number on the cover of this brochure supplement. 13