WORLD INVESTMENT ADVISORS, LLC

Item 1 – Cover Page World Investment Advisors, LLC 24 East Cota Street Santa Barbara, CA 93101 Phone: (888) 201-5488 http://www.worldadvisors.com March 31, 2025 This wrap fee brochure provides information about the qualifications and business practices of World Investment Advisors, LLC. If you have any questions about the contents of this Brochure, please contact us at (888) 201-5488 or email compliance@worldadvisors.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. World Investment Advisors, LLC is a Registered Investment Adviser. Registration of an Investment Adviser does not imply any level of skill or training. This Brochure is intended, in part, to provide information which can be used to make a determination to hire or retain an Adviser. Additional information about World Investment Advisors, LLC is also available on the SEC’s website at www.adviserinfo.sec.gov. (Please see page 12 for WIA’s Privacy Policy) i  Item 2 - Material Changes The Firm has no material changes to report since the last annual brochure dated July 30, 2024. The Firm has made the following clarification within the Brochure: • Additional clarification for the section ”Other Financial Industry Activities and Affiliations” with more information about our relationship with Goldman Sachs. Each year, we will provide each client with (i) a free updated Brochure that either includes a summary of material changes or is accompanied by a summary of material changes, or (ii) a summary of material changes that includes an offer to provide a copy of the updated Brochure and information on how clients may obtain the Brochure. Our Brochure may be requested by contacting us toll-free at (888) 201-5488 or by sending an email to compliance@worldadvisors.com. Additional information about World Investment Advisors, LLC is also available via the SEC’s website at www.adviserinfo.sec.gov. The SEC’s website provides information about any persons affiliated with World Investment Advisors, LLC who are registered, or are required to be registered, as investment adviser representatives of World Investment Advisors, LLC. ii  Item 3 - Table of Contents ITEM 1 – COVER PAGE ............................................................................................................................................. I ITEM 2 - MATERIAL CHANGES ................................................................................................................................ II ITEM 3 - TABLE OF CONTENTS ............................................................................................................................... III ITEM 4 - SERVICES, FEES AND COMPENSATION ...................................................................................................... 1 THIRD-PARTY MONEY MANAGEMENT ................................................................................................................................ 1 REASONABLE RESTRICTIONS ............................................................................................................................................. 2 FEES AND COMPENSATION ............................................................................................................................................... 2 ACCOUNT TERMINATION ................................................................................................................................................. 5 ITEM 5 - ACCOUNT REQUIREMENTS AND TYPES OF CLIENTS .................................................................................. 5 ITEM 6 - PORTFOLIO MANAGER SELECTION AND EVALUATION ............................................................................. 5 ITEM 7 - CLIENT INFORMATION PROVIDED TO PORTFOLIO MANAGERS ................................................................ 5 PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT .............................................................................................. 6 METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS ...................................................................................... 6 VOTING CLIENT SECURITIES .............................................................................................................................................. 7 ITEM 8 - CLIENT CONTACT WITH PORTFOLIO MANAGERS ...................................................................................... 7 ITEM 9 - ADDITIONAL INFORMATION .................................................................................................................... 7 DISCIPLINARY INFORMATION ............................................................................................................................................ 7 OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS .................................................................................................... 7 CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING ............................................... 8 REVIEW OF ACCOUNTS .................................................................................................................................................. 10 CLIENT REFERRALS AND OTHER COMPENSATION ................................................................................................................ 10 INVESTMENT DISCRETION .............................................................................................................................................. 11 FINANCIAL INFORMATION .............................................................................................................................................. 12 PRIVACY POLICY ................................................................................................................................................... 12 iii  Item 4 - Services, Fees and Compensation World Investment Advisors, LLC (“WIA” or “Adviser”) was established in March 2015. WIA is a wholly owned subsidiary of WIA Holdings, LLC. WIA sponsors a wrap fee program (“Pensionmark Portfolio”) that is custodied with Schwab Institutional (“Schwab”), a division of Charles Schwab & Co, Inc. WIA provides advisory services, giving continuous advice based on the client’s individual needs. Through personal discussions in which goals and objectives based upon the client’s personal objectives are established, the firm will develop a personal investment policy based upon the WIA Client Profile and manage the portfolio according to the criteria. Through Pensionmark Portfolio, WIA provides investment recommendations based upon a review of the client’s investment goals, financial situation and risk tolerance. Pensionmark Portfolio accounts may be managed on a discretionary or non-discretionary basis, as specified in the written advisory agreement (“Agreement”). Clients have the option of accepting WIA’s recommendations or selecting alternative investments for their accounts. WIA offers periodic rebalancing of the securities or upon the client’s direction. We may also provide monitoring and reporting of portfolio performance to clients on a periodic basis. Third-Party Money Management WIA has access to a wide range of non-affiliated investment advisors (“third-party money managers”) via the Envestnet ENV2 platform to offer asset allocation and asset management services to WIA advisory clients. Each IAR shall assist their client in formulating a strategic investment portfolio based on the client's investment objectives. Once formulated, if appropriate for the client, a suitable third-party money manager is selected to implement and continually manage the portfolio. In preparing the portfolio, each IAR may set restrictions or limitations on the management of the account and will explain to the client the continual account activity transacted by the third-party money manager. Also, WIA will periodically review the current and historical performance record of each third-party money manager. WIA has also entered into additional agreements with various non-affiliated investment advisors (“third- party money managers”) not available on the Envestnet platform to offer asset allocation and asset management services to WIA advisory clients. In the same way as mentioned above, each IAR shall assist their client in formulating a strategic investment portfolio based on the client's investment objectives. Once formulated, a suitable third-party money manager is selected to implement and continually manage the portfolio. In preparing the portfolio, each IAR may set restrictions or limitations on the management of the account and will explain to the client the continual account activity transacted by the third-party money manager. Also, WIA will periodically review the current and historical performance record of each third-party money manager. The relationship of WIA with any third-party money manager will be clearly communicated to all clients in the third-party money manager’s Client Services Agreement and/or other similar documentation. Each third-party money manager is required to provide WIA and the IAR with a disclosure document statement, typically a copy of their Form ADV 2A. The third-party money manager’s Form ADV 2A will be provided to the client by IAR. Additionally, WIA advisors may recommend the use of WealthPath models to Clients. These models are managed by WealthPath Advisors, LLC. WealthPath advisors are registered as investment advisor representatives of WIA. When offered to their own clients there are no additional fees; however, when offered to the client of other advisors (including other WIA advisors), a portion of the total advisory fee 1  charged is paid to WealthPath in exchange for their investment management services. This may create a conflict of interest, because although the fee paid by the Client is not impacted, WIA may receive additional remuneration when WealthPath is selected as the manager of the Clients’ assets because WealthPath is not an outsourced third-party money manager. WIA’s fiduciary responsibility is to always choose the manager or portfolio that is in the best interest of the client, and WIA does not promote the exclusive use of WealthPath as a third-party manager alternative. WIA may recommend stocks, bonds, mutual funds, or other assets of any kind, consistent with the client’s investment objectives. Most types of securities are eligible for purchases in the Pensionmark Portfolio account including but not limited to, common and preferred stocks, exchange traded funds, closed end funds, unit investment trusts, corporate and government bonds, certificate of deposit, mutual funds, and certain wrap class alternative investments, such as hedge funds. WIA also offers a non-wrap program, WIA Wealth, which is described in the firm’s ADV Part 2A. In a wrap fee program, clients are charged an all-inclusive wrap fee on Program Assets that covers advisory, execution, custodial and reporting services on Eligible Assets. A portion of these fees will be paid to WIA for advisory services. Clients may incur certain charges imposed by custodians, brokers, and other third parties such as fees charged by managers, custodial fees, 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. Mutual funds and exchange traded funds also charge internal management fees, which are disclosed in the fund’s prospectus. Such charges, fees and commissions are exclusive of and in addition to WIA’s fee, and WIA shall not receive any portion of these commissions, fees, and costs. Reasonable Restrictions Each client has the ability to impose reasonable restrictions on the management of his/her account, including the designation of particular securities or types of securities that should not be purchased for the account, or that should not be sold if held in the account. If a client’s instructions are unreasonable or an investment advisor representative believes that the instructions are inappropriate for the client, WIA will notify the client that, unless the instructions are modified, it may cancel the instructions in the client’s account. A client will not be able to provide instructions that prohibit or restrict the Investment Adviser of an open-end or closed-end mutual fund or ETF with respect to the purchase or sale of specific securities or types of securities within the fund. Fees and Compensation Fees for the Pensionmark Portfolio program will cover advisory services, performance measurement, transaction costs, custody services, and trading. These fees do not cover the fees and expenses of any underlying funds purchased in the account. Fees are based on the assets in the account and are generally assessed monthly. Pensionmark Portfolio accounts are charged an all-inclusive “wrap fee” on Program Assets that covers advisory, execution, custodial and reporting services on Eligible Assets. Clients pay all Pensionmark Portfolio’s usual and customary commissions, transaction fees and other charges for transactions on Excluded Assets. Commissions and fees on Excluded Assets and other charges will be assessed against a client’s account on or about the transaction date or such other date assessed by the Pensionmark Portfolio Program. See the Program Fees and Account Minimums section below for details of fee exclusions, calculations, refunds and other information. The imposition of the minimum fees may cause the effective Program Fee rate (expressed as a percentage) to be greater than the fee rates specified in the table below. 2  The specific manner in which fees are charged by the Firm is established in a client’s written agreement. Fees are generally based on a percentage of assets under management as of the last day in the previous billing period, calculated at an annual rate, and billed in advance based on the number of days in that particular period. In some instances, other methodologies for calculations of fees (i.e., fees payable in arrears or on a quarterly basis) may be employed and will be specifically outlined in the client’s Agreement. Fees are usually based on the assets in the account per the schedule below and in some instances, may be negotiated. WIA may also engage with clients under a flat-fee structure; however, the fees assessed will not exceed the percentage fees outlined below. Fee Schedule Gross Market Value $0 - $500,000 $500,001 - $1,000,000 $1,000,001 - $2,000,000 $2,000,001 - $5,000,000 Over $5,000,001 Maximum Annual Fee 3.00% 2.75% 2.50% 2.25% 2.00% A minimum annual fee of $30 per quarter ($120 annually) will be charged. Accordingly, a client may pay an effective rate greater than the rate specified in the fee schedule shown above. The firm, in its sole discretion, may waive its minimum fee and/or charge a lesser investment advisory fee based upon certain criteria (e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, client negotiations, etc.). In addition to the fees outlined above, a separate fee of up to 0.05% (5 basis points) may be levied by Envestnet or Tamarac, the firm's technology platforms used for billing and reporting (“platform fee”). This fee may be levied in addition to the advisory fee assessed for investment management services and is not billed as a separate line item. The annual Envestnet/Tamarac platform fee will not exceed 0.05% or a $100.00 minimum annual fee, prorated monthly, whichever is greater. Accordingly, a client might pay an effective rate greater than the rate specified in the fee schedule on their Advisory Agreement. The $100.00 fee resets annually based on the month the account was originally opened. In the event a third-party money manager is implemented in a client portfolio, the annual Envestnet/Tamarac platform fee will not exceed 0.15% or a $150.00 minimum annual fee, prorated monthly, whichever is greater. This fee may be reduced based on the amount of investable assets and is in addition to the advisory fee assessed by WIA and the third-party asset manager for investment management services. If a client’s Agreement becomes effective as of a day other than the first day of a billing period or if a termination of a client’s Agreement is effective on a day other than the last day of a billing period, the Fees for that billing period shall be prorated (calculated on a per diem basis) and the applicable amount promptly paid by Client to WIA or refunded by WIA to Client, as the case may be. Fees will be deducted from the account directly unless the Client requests to be billed separately. Generally, no further proration is done for additions or withdrawals made during the fee period. A portion of the fees described herein will be paid to WIA Financial Advisors in connection with the provision of investment advice and/or client-related services within those programs. This compensation may be more than WIA’s Financial Advisors would receive if clients paid separately for investment advice, brokerage, and other services and therefore, WIA Financial Advisors may have a financial incentive to recommend the program services over other programs or services. Load and no-load mutual funds may pay annual distribution charges, sometimes referred to as 12b-1 fees. 12b-1 fees come from fund assets, therefore, indirectly from client assets. Some mutual funds within this 3  program pay 12(b)-1 service fees (normally 0.25% per year) to the Custodian. For certain ERISA accounts, 12b-1 fees in whole or in part are credited back to the account to offset fees charged. The mutual funds the Firm could purchase or recommend offer a variety of share classes, including some that do not charge 12(b)-1 fees and are, therefore, less expensive. Typically, WIA does not recommend mutual funds that charge 12(b)-1 fees when other share classes are available. However, there are instances in which WIA would recommend a mutual fund that carries a 12(b)-1 fee, even when a lower-cost share class is available for the same fund. For example, a lower-cost class share may not be available to WIA due to investment minimums, or the custodian may make available certain funds which do not carry a transaction fee. WIA does not receive any part of the fees charged by Mutual Funds, and as a fiduciary to your account, will select the most appropriate fund share class. The wrap program may cost the client more or less than purchasing such services separately and will depend on the trading activity in the client’s account. The cost of non-wrapped investment advisory services may be lower than investment advisory services provided under the wrap program. Because WIA may receive more compensation from a client from the client’s participation in the Program than if the client received advisory services and brokerage services separately, WIA may have a financial incentive to recommend the Program to clients over other types of advisory services. WIA may give advice to others that may be different from the advice given to Program clients. Clients should consider the value of the additional consulting services when making such comparisons. The combination of custodial, consulting, and brokerage services may not be available separately or may require multiple accounts, documentation, and fees. In addition, certain advisors may not be available to certain clients outside the consulting relationship because of minimum account sizes, fee schedules, geographic availability, or other factors. A non-wrapped pricing arrangement may be more cost effective for accounts that do not experience frequent trading activity. Because of the single fee charged to a Program account, WIA may be regarded as having a conflict of interest in that it may realize a greater profit on a Program account with a relatively low rate of portfolio turnover compared to other types of accounts, assuming the same level of fees. However, WIA is constrained by fiduciary principles to act in its clients’ best interests. All fees may be subject to negotiation. When negotiating fees, factors considered include, but are not limited to: (i) clients with multiple accounts; (ii) size of the account; (iii) a prior or existing relationship; and (iv) a client’s particular needs or financial characteristics. Because fees may vary, clients with existing accounts may be charged fees which differ from the foregoing fee schedules, or the fees paid by other clients. Other costs that may be assessed and that are not part of those outlined above include fees for portfolio transactions executed away from the broker/custodian selected by the client, dealer mark-ups, electronic fund and wire transfers, spreads paid to market-makers, and exchange fees, among others. Brokers/custodians may charge clients certain additional and/or minimum fees. The Program wrap fee does not include: (i) annual account fees or other administrative fees, such as wire fees, charged by custodians (ii) certain odd-lot differentials, transfer taxes, transaction fees mandated by the Securities Act of 1934, and charges imposed by law with regard to transactions in the client’s account; and (iii) advisory fees, expenses or sales charges (loads) of mutual funds (including money market funds), closed-end investment companies or other managed investments, if any, held in client’s account. 4  Account Termination Client and/or the firm may initiate termination of the contract at any time by sending written notice to the contra party and will be accepted the day that it is received by the contra party. WIA does not charge a fee for terminating the account, but the custodian may charge a termination fee. Upon written receipt of notice to terminate its client Agreement, and unless specific transfer instructions are received, WIA and its representative(s) will cease advisory services. Should the client provide specific instructions to liquidate, WIA will proceed with liquidation of the client’s account in an orderly and efficient manner. There will not be a charge by WIA for such redemption; however, the client should be aware that certain securities impose redemption fees as stated in each company’s prospectus. Additionally, custodians may assess additional redemption fees for short-term liquidations. Clients must keep in mind that the decision to liquidate security issues or mutual funds may result in tax consequences that should be discussed with the client’s tax advisor. Factors that may affect the orderly and efficient manner would be size and types of issues, liquidity of the markets, and market makers’ abilities. Should the necessary securities’ markets be unavailable, and trading suspended, efforts to trade will be done as soon as possible following their reopening. Due to the administrative processing time needed to terminate client’s investment advisory services and communicate the instructions to client’s Investment Advisor, termination orders received from clients are not market orders; it may take several business days under normal market conditions to process the client’s request. During this time, the client’s account is subject to market risk. WIA and its representative(s) are not responsible for market fluctuations of the client’s account from time of written notice until complete liquidation. All efforts will be made to process the termination in an efficient and timely manner. Item 5 - Account Requirements and Types of Clients WIA provides advisory services to Individuals and Retirement Plans including, 401(k) Plans, 403(b) Plans, pensions and profit-sharing plans, non-qualified plans, foundations, endowments, corporations, or other businesses not listed above. For Wealth Clients, Adviser generally does not require a minimum account size, but may impose a minimum annual consulting fee. Certain third-party money managers may require a higher minimum account size as disclosed in the individual manager’s Firm Brochure. Under certain circumstances, the minimum may be waived, including related accounts that may be combined to meet the minimum if the services involved may otherwise be provided. Item 6 - Portfolio Manager Selection and Evaluation WIA serves as the portfolio manager in the wrap fee program. WIA may outsource its portfolio management by using outside portfolio managers for the referenced Program. WIA uses industry standards to measure the performance of its portfolio managers; however, the firm does not use a third- party auditor to review and verify the performance of its portfolio managers. Item 7 - Client Information Provided to Portfolio Managers WIA is usually both your registered investment adviser and your portfolio manager. WIA may outsource its portfolio management by using outside portfolio managers for the referenced Programs. In some cases, your portfolio manager has the same access to your information as WIA. This information may include, among other things, income, net worth, risk tolerance, and investment objectives. Portfolio Managers use this information to determine an appropriate asset allocation and manage investments. When a client updates their information with WIA, portfolio managers will be provided with the same updated information. 5  Performance-Based Fees and Side-By-Side Management WIA does not charge any performance-based fees (fees based on a share of capital gains on or capital appreciation of the assets of a client). Methods of Analysis, Investment Strategies and Risk of Loss Investment recommendations are based on an analysis of the client’s individual needs and are drawn from research and analysis. Security analysis methods may include the following: • Fundamental analysis: WIA attempts to measure the intrinsic value of a security by looking at economic and financial factors to determine if the company is underpriced or overpriced. Fundamental analysis does not attempt to anticipate market movements. This presents a potential risk, as the price of a security can move up or down along with the overall market regardless of the economic and financial factors considered in evaluating the stock. • Technical analysis and charting: WIA attempts to determine the trend of a security by studying past market data, including price and volume. This presents a potential risk, as the price of a security can change direction at any time and past performance is not a guarantee of future performance. • Cyclical analysis: WIA attempts to identify the industry cycle of a company to determine whether the company is in a market introduction phase, growth phase or maturity phase. Generally projected revenues, growth potential and business risk may fluctuate based on the company’s cycle stage. Information for this analysis may be drawn from financial newspapers and magazines, research materials prepared by others, annual reports, corporate filings, prospectuses, company press releases and corporate ratings services. It is important to note that investing in securities involves a risk that clients should be prepared to bear. For any risks associated with Investment Company products, please refer to the prospectuses for additional details about these risks. Our investment approach constantly keeps the risk of loss in mind. These risks include, but are not limited to: • Interest-rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. • • Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political, economic, and social conditions may trigger market events. Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation. • Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e., interest rate). This primarily relates to fixed income securities. • Business Risk: These risks are associated with a particular industry or a particular company within an industry. For example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like. 6  • Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not. • Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value. Voting Client Securities As a matter of firm policy and practice, WIA does not vote proxies on behalf of Pensionmark Portfolio advisory clients. Clients retain the responsibility for receiving and voting proxies for any and all securities maintained in client portfolios. Clients should contact their financial advisor if they have any questions and/or to obtain this information. Clients will receive their proxies directly from their custodian or transfer agent. Clients can authorize investment managers to vote proxy requests on their behalf in their client agreements. Please refer to the respective investment manager's Form ADV for a full disclosure of its proxy voting policies and procedures. Item 8 - Client Contact with Portfolio Managers Clients may communicate with portfolio managers directly during normal business hours. Consultations beyond normal business practices may require additional negotiated fees. Item 9 - Additional Information Disciplinary Information Registered investment advisers are required to disclose all material facts regarding any legal or disciplinary events that would be material to an evaluation of WIA or the integrity of WIA’s management. WIA has no information applicable to this Item. Other Financial Industry Activities and Affiliations WIA is a wholly owned subsidiary of WIA Holdings, LLC. Under the common control of WIA Holdings, LLC, WIA is affiliated with Goldman Sachs & Co., LLC, a FINRA broker-dealer (Member SIPC) and SEC Registered Investment Adviser, Pensionmark Securities, LLC (“PSC”) and World Investments, Inc., FINRA broker- dealers (Members SIPC), World Advisory Services, Wealth Advisory Group, Inc., and Financial Planning Concepts of America, Inc., all SEC Registered Investment Advisers. WIA is also affiliated with World Insurance Associates, LLC, Scotts American, LLC, Keating, LLC, ESA Associates, LLC, FastComp, LLC, Hamond Safety Management, LLC, Pacific Coast NCA Premium Finance, LLC, and World Insurance Programs, LLC, all insurance agencies engaging in Life, Health, Long Term Care, Variable, and various other Insurance business. Recommendations for Goldman Sachs investment products are limited to a small subset of products approved by WIA. No incentives are provided to WIA or WIA Investment Advisor Representatives to recommend Goldman Sachs products over other investment products. WIA is also affiliated with other financial services companies, but does not have any shared business dealings, operations, referral programs, clients, representatives, or premises with these other companies, and has no reason to believe the firm’s relationship with them otherwise creates a conflict of interest with WIA clients. A full list of WIA’s affiliates will be provided upon request. 7  Investment Adviser Representatives (“IARs”) of WIA may effect securities transactions for Clients as registered representatives of Pensionmark Securities, LLC (“PSC”), St. Bernard Securities, LLC (“St. Bernard”), or World Investments, Inc. (“WII”), all FINRA broker-dealers. WIA is affiliated with PSC and WII through the common control and ownership by WIA Holdings, LLC. WIA has no affiliation with St. Bernard. Advisors that are registered representatives of these firms may recommend either of the two firms with whom they are registered for broker-dealers services. Factors for such a recommendation may be when transaction compensation is seen as a benefit to the client. For broker-dealer services, PSC, St. Bernard, WII, or their associated persons may receive compensation, which is separate and distinct from compensation related to investment advisory services. Commissions paid to advisors for broker-dealer services may be higher or lower than those paid by other brokers. All FINRA, SEC, and other regulatory agencies disclosure requirements and policies are observed for all transactions. If a trade error were to occur, it may result in profit or loss to the firm. The firm has controls in place to limit such trade errors. Investment Advisers will not participate in any profits resulting from such errors. One WIA Advisor is also registered as an Advisor with Icon Wealth Partners, LLC. (“IWP”). This Advisor utilizes IWP for their individual wealth clients, and only utilizes WIA for their Retirement plan business. Some Investment Adviser Representatives (“IARs”) of WIA may also be registered as IARs of Acrisure Investment Advisory Solutions, LLC (“Acrisure”). However, these IARs do not effect any transactions through Acrisure. One WIA Advisor is also registered as an Advisor with Nexus338, an advisory firm providing technology-based retirement plan managed account services to non-WIA clients . WIA is not affiliated with IWP, Acrisure, or Nexus338. Investment Adviser Representatives (“IARs”) of the Adviser may also be licensed as insurance agents with Pensionmark Securities, LLC, an insurance agency engaging in Variable Insurance business. Limited non- variable products may also be offered through the insurance agency. Individuals may also write Insurance business through Pensionmark Partners Insurance Services, LLC (“PPIS”) as independent insurance agents. PPIS is affiliated with WIA through common control and ownership. PPIS is an insurance producer group engaging in Life, Health, Long Term Care and Variable Insurance business. Variable insurance products will be offered exclusively through PSC, while non- variable products will be offered directly with an insurance carrier through the producer group contracts. Compensation will be paid directly by these entities. Individuals licensed as Registered Representatives or Insurance Agents may spend as much as 50% of their time on these non-advisory activities. When a client’s Advisor is acting in their capacities as registered representatives or independent insurance agents, clients will be charged separately from their advisory services. Clients have the option to purchase investment products that we recommend through other brokers or agents that are not affiliated with WIA. Code of Ethics, Participation or Interest in Client Transactions and Personal Trading WIA has adopted a Code of Ethics for all supervised persons of the firm describing its high standard of business conduct, and fiduciary duty to its clients. The Code of Ethics includes provisions relating to the confidentiality of client information, a prohibition on insider trading, a prohibition of rumor mongering, restrictions on the acceptance of significant gifts and the reporting of certain gifts and business entertainment items, and personal securities trading procedures, among other things. All supervised persons at WIA must acknowledge the terms of the Code of Ethics annually, or as amended. 8  Advisors of WIA may buy or sell securities that are recommended to clients. WIA’s employees and persons associated with WIA are required to follow the Code of Ethics. Subject to satisfying this policy and applicable laws, officers, directors, and employees of WIA and its affiliates may trade for their own accounts in securities which are recommended to and/or purchased for WIA’s clients. The Code of Ethics is designed to assure that the personal securities transactions, activities, and interests of the employees of WIA will not interfere with (i) making decisions in the best interest of advisory clients and (ii) implementing such decisions while, at the same time, allowing employees to invest for their own accounts. Under the Code certain classes of securities have been designated as exempt transactions, based upon a determination that these would not materially interfere with the best interest of WIA’s clients. In addition, the Code requires pre-approval of many transactions, and restricts trading in close proximity to client trading activity. Nonetheless, because the Code of Ethics in some circumstances would permit employees to invest in the same securities as clients, there is a possibility that employees might benefit from market activity by a client. Employee trading is continually monitored under the Code of Ethics to reasonably prevent conflicts of interest between WIA and its clients. Advisors may recommend and trade in the same securities with clients and/or related accounts at or about the same time. Generally, this would pose a conflict if the Advisor or related account were given a better price than the client. To mitigate this conflict, it is procedure to not trade an Advisors account or related persons’ account on the same day as a client unless the client gets the better price. Trades may be done on an aggregated basis when consistent with WIA's obligation of best execution. In such circumstances, the Advisor (or related account) and client accounts will share commission costs equally and receive securities at a total average price. WIA will retain records of the trade order (specifying each participating account) and its allocation, which will be completed prior to the entry of the aggregated order. Completed orders will be allocated as specified in the initial trade order. Partially filled orders will be allocated on a pro rata basis. Any exceptions will be explained on the order. WIA’s clients or prospective clients may request a copy of the firm's Code of Ethics by contacting WIA at (888) 201-5488 or by sending an email to compliance@worldadvisors.com. Brokerage Services WIA generally recommends that clients establish brokerage accounts with Charles Schwab & Co., Fidelity Institutional Wealth Services, or Pershing Advisory Services (“Schwab”, “Fidelity”, “Pershing”, or collectively, “the Custodian(s)”), FINRA registered broker-dealers, members SIPC, to maintain custody of clients’ assets and to effect trades for their accounts. In some instances, WIA may recommend clients establish brokerage accounts with other custodians. We recommend the services of the Custodian based on several factors including financial strength, reputation, execution, pricing, responsiveness, fees, research, and other services. Although WIA may recommend that clients establish accounts at the Custodian, it is the client’s decision to custody assets with the Custodian. WIA does not direct brokerage to a particular venue for execution, but rather relies on the Custodian (with the exception of bond trades that may be directed to a third party available to WIA through the Custodian’s Platforms). Fees and commissions charged by Fidelity or Schwab may be higher or lower than obtainable elsewhere. Circumstances occasionally arise when Schwab or Fidelity must impose a separate or special handling or custodial charge for acting as custodian for an exempt security or private placement that was recommended by WIA to a WIA Advisory Client. On a case-by-case basis, WIA may cover the cost of this type of fee on a “value-added” basis by having the fee directly billed to WIA rather 9  than the Client or by reimbursing the Client. WIA is independently owned and operated and not affiliated with Schwab or Fidelity. Custodians may make products and services available to WIA that benefit WIA but may not directly benefit its clients’ accounts. Many of these products and services are used to service all or a substantial number of WIA accounts. Some of these products and services provided includes software and other technology that provides access to client account data (such as trade confirmations and account statements); provides research, pricing, and other market data; facilitates payment of fees from clients’ accounts; and assists with back-office functions, recordkeeping, and client reporting. WIA clients can benefit when trades are aggregated to obtain volume discounts on execution costs. Trade aggregation refers to the practice of combining orders for execution. When consistent with WIA’s duty to obtain best execution, multiple client transactions will be aggregated into a single order in order to obtain the best price for clients. In such circumstances, the accounts will share commission costs equally and receive securities at a total average price. WIA will retain records of the trade order (specifying each participating account) and its allocation, which will be completed prior to the entry of the aggregated order. Completed orders will be allocated as specified in the initial trade order. Partially filled orders will be allocated on a pro rata basis. Any exceptions will be explained on the order. Trade aggregation will typically be done at the branch level. For third party money managers WIA recommends, WIA does not direct brokerage in these accounts. Brokerage practices of separately managed accounts are disclosed separately in their Brochure(s). Review of Accounts Accounts are assigned to IARs who are responsible for performing periodic reviews and consulting with the respective client. Accounts are reviewed no less than annually by the Advisor. Factors that are considered during such reviews include, but are not limited to, the following: investment objectives, targeted allocation, current allocation, suitability, performance, monthly distributions, concentrated positions, diversification, and outside holdings. Examples of situations that may impact Client’s account would be the following: performance that is not in line with the client’s “downside risk tolerance,” change in investment objective, the client making a significant addition or withdrawal of capital from the account, rebalancing of the portfolio if current allocation and targeted allocation are not consistent, concentrated position(s) that could lead to volatility, etc. Accounts may also be subject to a secondary review by a designated supervisor. Such supervisory reviews will be done on a periodic basis. The supervisor will oversee the selected accounts for the same triggering factors as mentioned above. Advisor has the ability to provide performance reports for assets under advisement through the Envestnet and Tamarac data aggregation and portfolio reporting tools. For data aggregation purposes, these reports may include information for assets managed by the Adviser for both commissionable and fee-based accounts. The client agrees to inform the firm in writing of any material changes to the information included in the Client Profile or any other change in the client’s financial circumstances that might affect the manner in which client’s assets should be invested. Clients may contact the firm during normal business hours to consult with the firm concerning the management of the client’s account(s). Client Referrals and Other Compensation WIA, in some instances, may compensate third-party promoters for Client referrals. For a promoter to be compensated by WIA for referring a Client to WIA, the promoter must be engaged by WIA under a 10  Promoter or Referral Agreement (“Agreement”) in compliance with Section 206(4)-1 of the Investment Advisers Act of 1940. In general, a promoter is compensated by a percentage of the advisory fee collected for a limited period specified in the Agreement. The Client pays no additional fee for the referral over and above WIA’s quoted advisory fee; to the contrary, the fee the Adviser earns is reduced by the amount of the compensation to the promoter. A Client who is referred by a promoter will receive the promoter’s separate Disclosure Statement describing the nature of the arrangement in detail. Clients may request details regarding a particular Agreement by contacting us toll-free at (888) 679-6067 or by emailing compliance@worldadvisors.com. Certain mutual fund companies, record keepers or other third parties (“Third Parties”) will periodically sponsor educational seminars for participating financial advisors designed to facilitate and promote professional development and product knowledge. To encourage participation, Third Parties will cover travel-related expenses for certain advisors to attend these meetings. Such expense reimbursements are only permissible by WIA when pre-approved, and after review of the agenda and estimated costs. WIA will not approve expense reimbursements by the Third Parties for travel unless the travel expenses appear reasonable and customary; lavish expenses will not be approved. WIA Advisors do not base recommendations on the expectation of such conference and travel. In addition, WIA or its Advisors may host events where Third Parties “sponsor” a specific portion of the event, e.g., the cost of a dinner. WIA Advisors do not base recommendations on the expectation of such event sponsorship. Custody WIA is deemed to have custody of client funds because investment advisory fees are directly debited from some Client accounts. Debiting of fees is done pursuant to authorization provided by the Client. Clients should receive statements at least quarterly from the selected qualified Custodian that holds and maintains client’s investment assets. WIA urges clients to carefully review such statements and compare the official custodial records to the account statements that WIA may provide. WIA’s statements may vary from custodial statements based on accounting procedures, reporting dates, or valuation methodologies of certain securities. WIA is also deemed to have custody of client assets as a result of certain Clients’ authorization for WIA and/or its IARs to distribute assets from their account(s) to a specific named recipient on demand in accordance with a standing letter of instruction. WIA intends to comply with the SEC No-Action Letter dated 2/21/2017 (Investment Adviser Association) allowing firms complying with the provisions of the No- Action Letter to forego an annual surprise custody examination with respect to those assets. Investment Discretion WIA typically acts in a discretionary capacity for its Wealth Clients but may act in a non-discretionary capacity. Discretionary authority provides the WIA Advisor with the authority to determine, without obtaining specific Client consent, both the securities to be bought and sold in their accounts as well as the dollar amount/quantity of securities to be bought and sold. If discretionary authority is granted to select the identity and amount of securities to be bought or sold, clients must authorize such discretion in writing in the advisory agreement. In all cases, such discretion is to be exercised in a manner consistent with the stated investment objectives for the particular client account. When selecting securities and determining amounts, WIA observes the investment policies, 11  limitations, and restrictions of the clients for which it advises. Investment guidelines and restrictions must be provided to WIA in writing. WIA may recommend third party money managers. When acting in a discretionary capacity, the firm can evaluate managers and may switch money managers or reallocate assets among managers without consulting the client. When acting in a non-discretionary capacity, the Advisor will make recommendations, but only the client has the authority to hire or switch money managers or reallocate assets between programs. In all cases, the Advisor will monitor the performance of the third-party money manager and will make recommendations consistent with the client’s investment objectives and risk tolerance. Financial Information Registered Investment Advisers are required to provide certain financial information or disclosures about WIA’s financial condition. WIA has no financial commitment that impairs its ability to meet contractual and fiduciary commitments to clients and has not been the subject of any bankruptcy proceedings. Privacy Policy World Investment Advisors, LLC (“WIA”) recognizes that its Clients have an expectation that WIA and its affiliates will maintain the confidentiality of Clients’ nonpublic personal information. Consequently, WIA has adopted this Privacy Policy concerning information obtained during the servicing of Client’s account(s). Nonpublic Information: Nonpublic information obtained by WIA for purposes of providing services hereunder will not be furnished to third parties for any other purpose other than in furtherance of the services to be provided hereunder. Notwithstanding the foregoing, WIA may disclose nonpublic information (i) to the extent such disclosure is required by court order or by a valid order of a governmental body governmental or quasi-governmental agency (such as FINRA) (ii) after the time of disclosure such information becomes part of the public knowledge or literature, not as a result of any inaction or action of WIA, (iii) reasonably necessary for WIA to enforce its legal rights in any dispute with that Client; or (iv) is approved by Client, in writing, for release. WIA does not disclose nonpublic personal information about its Clients to any party except as permitted by law. Sources of Personal Information: WIA collects Personal Information about its Clients from meetings with Clients and on applications or other forms Clients have submitted to WIA, as well as information about Clients’ investments or transactions with WIA or others (such as third-party service providers or fund companies) from other sources. How WIA Protects the Confidentiality of Clients’ Nonpublic Personal Information: WIA does not sell or trade Clients’ information with nonaffiliated companies. When information is provided to third party service providers, safeguards are in place to assure that information is used only for the purpose it is provided. WIA maintains its records on secured computers. Prospective employees are screened for criminal convictions. Once hired, employees are made aware of WIA’s Privacy Policy and of the confidential nature of the information they handle. Employees are limited to accessing only that customer information that is necessary to perform their job functions. To Whom This Policy Applies: This Notice applies to all WIA Clients who enter into an Advisory Services Agreement or Customer Agreement with WIA. For Former Clients: WIA’s Privacy Policy continues to apply even to Clients that have terminated services with the firm. 12  Internet Cookies: An internet “cookie” is a small amount of data that is placed on to your electronic device by a website and stored in your internet browser. Cookies allow websites to store things like preferences, so that it can recognize users when returning to the site and respond appropriately. When individuals access the Worldadvisors.com website, WIA makes use of cookies to improve the load times and functionality of the website, and in some cases registration pages. WIA may from time to time also utilize data tracking software to assist in spotting trends and areas of improvement on the website. By accessing the Worldadvisors.com site and embedded web pages, users are providing their express approval allowing WIA to utilize these technologies to improve services provided. WIA may also use various third-party cookies to report usage statistics of the service, or to authenticate users and prevent fraudulent access of user accounts. Access to and Correction of Information: Upon the written request of Clients, WIA will make available for review any file that may be maintained for their personal Information; provided, however, that any Information collected in connection with, or in anticipation of, any claim or legal proceeding will not be made available. If Clients notify WIA that any Information is incorrect, the information will be reviewed. If WIA agrees the information is incorrect, records will be corrected. If WIA disagrees, Clients may submit a short statement of dispute, which will be included in any future disclosure of the disputed Information. Additional California Privacy Disclosures: Please consult the supplemental WIA Privacy Notice for California Residents for additional disclosures pertinent to California residents. Further Information: WIA reserves the right to change this Privacy Policy at any time. The examples contained within this Privacy Policy are illustrations and are not intended to be exclusive. This Policy attempts to comply with federal and state regulations regarding privacy. Clients may have additional rights under other foreign or domestic laws that may apply to them. If the financial advisor servicing a client account leaves WIA to join another firm, the advisor is permitted to retain copies of client information so that he/she can assist with the transfer of the client account and continue to serve the client at their new firm. by calling (888) 201-5488 or by an email “Opting Out” of Third-Party Disclosures: If a client does not want a financial advisor to retain copies of client sensitive information when he/she leaves WIA to join another firm, the client may contact the WIA Compliance Department to sending compliance@worldadvisors.com to request further information regarding this policy. 13 

Item 1 – Cover Page World Investment Advisors, LLC 24 East Cota Street Santa Barbara, CA 93101 Phone: (888) 201-5488 http://www.worldadvisors.com March 31, 2025 This Brochure provides information about the qualifications and business practices of World Investment Advisors, LLC. If you have any questions about the contents of this Brochure, please contact us at (888) 201-5488 or email compliance@worldadvisors.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. World Investment Advisors, LLC is a Registered Investment Adviser. Registration of an Investment Adviser does not imply any level of skill or training. This Brochure is intended, in part, to provide information which can be used to make a determination to hire or retain an Adviser. Additional information about World Investment Advisors, LLC also is also available on the SEC’s website at www.adviserinfo.sec.gov. (Please see page 11 for WIA’s Privacy Policy) i  Item 2 – Summary of Material Changes The Firm has no material changes to report since the last annual brochure dated July 30, 2024. The Firm has made the following clarification within the Brochure: • Additional clarification for Item 10 with more information about our relationship with Goldman Sachs. Each year, we will provide each client with (i) a free updated Brochure that either includes a summary of material changes or is accompanied by a summary of material changes, or (ii) a summary of material changes that includes an offer to provide a copy of the updated Brochure and information on how clients may obtain the Brochure. Our Brochure may be requested by contacting us toll-free at (888) 201-5488 or by sending an email to compliance@worldadvisors.com. Additional information about World Investment Advisors, LLC is also available via the SEC’s website at http://www.adviserinfo.sec.gov. The SEC’s website provides information about any persons affiliated with World Investment Advisors, LLC who are registered, or are required to be registered, as investment adviser representatives of World Investment Advisors, LLC. ii  Item 3 -Table of Contents Item 1 – Cover Page ....................................................................................................................................... i Item 2 – Summary of Material Changes ....................................................................................................... ii Item 3 -Table of Contents ............................................................................................................................ iii Item 4 – Advisory Business ........................................................................................................................... 1 Item 5 – Fees and Compensation ................................................................................................................. 3 Item 6 – Performance-Based Fees and Side-By-Side Management ............................................................. 4 Item 7 – Types of Clients ............................................................................................................................... 4 Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss ........................................................ 5 Item 9 – Disciplinary Information ................................................................................................................. 6 Item 10 – Other Financial Industry Activities and Affiliations ...................................................................... 6 Item 11 – Code of Ethics ............................................................................................................................... 7 Item 12 – Brokerage Practices ...................................................................................................................... 8 Item 13 – Review of Accounts....................................................................................................................... 8 Item 14 – Client Referrals and Other Compensation .................................................................................... 8 Item 15 – Custody ......................................................................................................................................... 9 Item 16 – Investment Discretion .................................................................................................................. 9 Item 17 – Voting Client Securities ............................................................................................................... 10 Item 18 – Financial Information .................................................................................................................. 10 Privacy Policy .............................................................................................................................................. 10 iii  Item 4 – Advisory Business World Investment Advisors, LLC (“WIA” or “Adviser”) was established in March 2015. WIA is a wholly owned subsidiary of WIA Holdings, LLC. WIA is an Investment Adviser registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940. WIA provides advisory services to Retirement Plans including, 401(k) Plans, 403(b) Plans, pensions and profit-sharing plans, non-qualified plans, foundations, endowments, corporations, or other businesses not listed above, collectively (“Client,” “Plan Client,” or “Plan”). Approximately 70% of WIA advisory fee revenue is derived from the continuous and regular investment supervisory services rendered to Plan Clients, however, this is typically done on a non-discretionary basis. WIA willingly accepts the designation as a “Co-Fiduciary” under ERISA 3(21)(A) or ERISA 3(38) as part of its normal course of business. WIA also provides Wealth Management Services which are disclosed in a separate Disclosure Brochure (Form ADV Part 2A) which represents approximately 30% of advisory fee revenue. WIA will require each Plan Client to make a selection of services in writing as part of the Retirement Plan Advisory Agreement(s) (RPAA), which sets forth the rights and obligations of WIA and the Client. The RPAA is customized to state the negotiated fee. Retirement Plan Advisory Services include, but are not limited to: Non-Discretionary ERISA 3(21) Investment Adviser Fiduciary Services Discretionary ERISA 3(38) Investment Manager Fiduciary Services Development of Investment Policy Statement investment Performance Measurement and Analysis NON-DISCRETIONARY DISCRETIONARY Advice on the Selection, Monitoring & Replacement of Designated Investment Alternatives (DIAs) Selection, Monitoring & Replacement of Designated Investment Alternatives (DIAs) Advice on the Selection, Monitoring & Replacement of Qualified Default Investment Alternative(s) (QDIAs) Selection, Monitoring & Replacement of Qualified Default Investment Alternative(s) (QDIAs) Advice on Model Asset Allocation Portfolios Creation and Maintenance of Model Asset Allocation Portfolios Managed Account Services Non-Fiduciary Services Plan Administration Support Service Provider Support Investment Monitoring Support Financial Wellness and Education WIA provides investment advisory services and typically acts in a “non-discretionary” basis (serving as a "fiduciary" as defined by §3(21)(A)(ii) of the Employee Retirement Income Security Act of 1974 ("ERISA")). 1  If requested, WIA may also serve on a discretionary basis and thus will serve as an “investment manager” as defined by §3(38) of ERISA. In either case, WIA provides specific investment advice to Client with regard to the selection of investment manager(s) and/or investment vehicles available to the Plan within the platform provided by the Plan's Administrator. WIA also offers a web-based, managed account service to eligible Plan Clients whose recordkeeping platform can accommodate this service. The managed account service is for participants who wish to have an investment manager select their investments from among the Plan’s available investment options and manage their participant account for them. Participants receive a personalized investment portfolio that reflects the managed account service investment options based upon the Participants retirement time horizon, life stage, risk tolerance and general financial circumstance, including assets held outside the Plan, to the extent the Participant elects to provide this information, all of which may be taken into consideration when determining the allocation of assets within the participant’s account. The managed account service does not provide advice for, recommend allocations of, or manage a participant’s outside or non-Plan assets. The managed account service does not include management services for individual stocks, self-directed brokerage accounts, guaranteed certificate funds, employer-directed monies, or in- plan annuities. WIA has discretionary authority over allocating the participant’s account without prior participant approval of each transaction through the managed account service. Assets will be monitored, rebalanced, and reallocated periodically to respond to market fluctuations. Participants will receive and can update personal information at any time by calling the Plan’s toll-free customer service number or by visiting the Plan’s website. Participants utilizing the managed account service must allocate their entire balance to the service, and participants may cancel their participation in the service at any time. Additionally, WIA advisors may recommend the use of the WealthPath Smart Risk series of managed models to Plan Clients. These models are organized as Collective Investment Trusts (“CITs”) and are managed by WealthPath Advisors, LLC and offered through Alta Trust Company. WealthPath advisors are registered as Investment Advisor Representatives of WIA. When offered to their own Plan Clients there are no additional fees; however, when offered to the Plan Clients of other advisors (including other WIA advisors), there is a separate share class which does include a fee that is paid to WealthPath in exchange for its investment management services. This fee is paid directly to WealthPath. WIA as a firm does not retain any of the compensation related to this investment management service so as to avoid any conflicted recommendations. CITs are bank maintained and are not registered with the Securities and Exchange Commission. CITs are also not mutual funds registered under the Investment Company Act of 1940, as amended (“1940 Act”) or other applicable law, and unit holders are not entitled to the protections of the 1940 Act. Regulations applicable to CITs are different from those applicable to a mutual fund. Additionally, CITs are not securities registered under the Securities Act of 1933, as amended, or applicable securities laws of any state or other jurisdiction. Plan Clients may choose to name their Financial Advisor (an Investment Adviser Representative of WIA) as “broker of record” in their capacity as a Registered Representative of WIA’s affiliated broker/dealer, Pensionmark Securities, LLC (“PSC”), for the purpose of capturing product revenue to reduce (or offset) investment advisory fees for the Plan Client. Many Plan Clients consider this a “value-added” service because it provides the Plan Sponsor flexibility in utilizing product fees to pay for plan expenses in the absence of an ERISA Budget Account. 2  However, if a Plan Client does not engage WIA through an RPAA, the Financial Advisor, when appointed as a “broker of record”, is truly acting as an agent (or Registered Representative) and not as an Investment Advisory Representative with respect to the Plan Client, in that case, WIA will not act as a Co-Fiduciary to the Plan. Consultations. Adviser may occasionally furnish investment advice on a consulting basis with a Plan Sponsor or Fiduciary Committee. To the extent it is requested to do so, Adviser may provide its Clients with investment advisory and consultation services on a “fee for service” basis. Fees for such consultations will be quoted to the Client prior to engagement. Unless approved by the firm’s Chief Compliance Officer in advance, Adviser does not offer advice on private placements, REITs, Business Development Companies and/or limited partnerships that are considered “alternative investments.” Adviser may offer advice on private equity funds that contain investments in equities, futures, options, and other securities. Any such recommendation will be made only when determined to be suitable and must be accompanied by or preceded by prospectus or offering memorandum. This type of advice is rendered to Wealth Clients or Nonqualified Plan or other institutional clients, not 401(k) or 403(b) plans. In performing its services, WIA shall not be required to verify or audit the information received from the Plan Client or from the Plan Client’s other professionals and is expressly authorized to rely thereon. If requested by the Client, WIA shall recommend the services of other professionals for implementation purposes. The Client is under no obligation to engage the services of any such recommended professional. The Client retains absolute discretion over all such implementation decisions and is free to accept or reject any recommendation from WIA. It is each Client’s responsibility to promptly notify WIA if there is ever any change in the Client’s financial situation or investment objectives. As of December 31, 2023, the Firm had $14,663,109,964 in discretionary assets under management and $23,096,654,363 in non-discretionary assets under management. Item 5 – Fees and Compensation WIA will require each Plan Client to make a selection of services in writing as part of the Retirement Plan Advisory Agreement(s) (RPAA), which sets forth the rights and obligations of WIA and the Client. Fees for Retirement Plan Advisory Services are negotiated prior to the signing of the RPAA. The RPAA is then customized to state the negotiated fee, which, in general, is expressed as a percentage of total Plan assets. In general, fees charged for investment advisory services are payable quarterly or monthly as dictated by the third-party administrator, recordkeeper or custodian, in arrears, and are based upon the market value of the Client’s Plan assets on the last business day of the calendar month or quarter, as the case may be. In some instances, fees are payable in advance, rather than in arrears; however, this will always be disclosed in the RPAA. Fees may be direct billed to the Client or to a third-party administrator (“TPA”) or custodian at the Client’s instruction. Fees for Plan Clients engaging WIA mid-period will be prorated and calculated on a per diem basis. The RPAA will continue in effect until terminated by either party upon thirty (30) days written notice to the other party. If any advisory relationship terminates before the last day of a month or quarter, fees are prorated accordingly, and the Adviser will refund any unearned fees due to the Client. 3  Flat/Fixed Fee Service. To the extent so engaged by Client, the Adviser may charge a Flat or Fixed fee for investment advisory and consultation services. Fixed fees are negotiable, but generally range from $1,000 to $250,000 on an annual basis, depending upon the level and scope of the services required. Fixed fee(s) will be charged quarterly in advance unless otherwise noted, (calculated on a per diem basis) upon the signing of an RPAA by the Client. Fees for Clients engaging Adviser mid-quarter will be prorated on a per diem basis. Occasionally, advisory services will be quoted on an hourly or per diem basis. In cases where Plan Clients have elected to appoint a WIA Financial Advisor as “broker of record”, PSC will be compensated by general promotion, advertising, and distribution fees (12b-1 fees) in relation to Client purchases and sales of mutual fund shares. However, these 12b-1 fees will be taken into account when calculating the Plan Client advisory fee for service for a particular period and the typical fee reduced based on the 12b-1 fees received by PSC. In some cases, the mutual funds the Firm could recommend offer a variety of share classes, including some that do not charge 12(b)-1 fees and are, therefore, less expensive. Typically, WIA does not recommend mutual funds that charge 12(b)-1 fees when other share classes are available. However, there are instances in which the WIA Financial Advisor would recommend a mutual fund that carries a 12(b)-1 fee, even when a lower-cost share class is available for the same fund. For example, a lower-cost class share may not be available to the Client due to investment minimums or recordkeeping platform restrictions. In other cases, retirement plan fund line-ups containing mutual funds charging 12(b)-1 fees are taken over by WIA from another firm, in which case the Firm may recommend the Client holds the existing share class initially, instead of selling the fund and buying a lower-cost share, due to ERISA participant disclosure timing requirements. Fees charged may be higher than otherwise available elsewhere. A portion of the fees charged by WIA for advisory services are paid to Investment Advisor Representatives of WIA. All fees described herein may be subject to negotiation depending on a range of factors including, but not limited to, plan size and overall range of services requested. WIA’s fees are exclusive of other related costs and expenses which shall be incurred by the Plan Client. For example, Clients may incur certain charges imposed by custodians, brokers, third party investment and other third parties such as fees charged by managers, record-keeping/custodial fees, sales charges, redemption fees, wire transfer and electronic fund fees, and other fees and/or taxes. Mutual funds and exchange traded funds also charge internal management fees, which are disclosed in a fund’s prospectus. Such charges, fees and commissions are exclusive of and in addition to WIA’s fee, and WIA shall not receive any portion of these other fees or costs. Item 6 – Performance-Based Fees and Side-By-Side Management WIA does not charge any performance-based fees (fees based on a share of capital gains on or capital appreciation of the assets of a Client). Item 7 – Types of Clients WIA provides advisory services to Retirement Plans including, 401(k) Plans, 403(b) Plans, pensions and profit-sharing plans, non-qualified plans, foundations, endowments, corporations or other businesses not listed above. WIA also provides investment advisory services to individuals (“Wealth Clients”), on a continuous and regular basis, but those services are disclosed separately, in WIA’s Wealth Advisory Services Disclosure Brochure. For Plan Clients, Adviser does not require a minimum account size, but may impose a minimum annual consulting fee. 4  investment Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss Investment recommendations are based on an analysis of the Plan Client’s specific needs and are drawn from research and analysis. Each Plan is analyzed separately paying particular attention to the limitations on the lineup as determined by the Plan documents, the Plan’s current service the Plan’s current platform has an open or closed providers/platform and whether architecture. However, in general, security analysis methods include fundamental analysis as well as quantitative and qualitative research on a given investment vehicle. Information for this analysis may be drawn from financial newspapers, magazines and databases, research materials prepared by others, annual reports, corporate filings and prospectuses. Additional sources of information utilized by WIA include meetings and discussions with Investment Managers employed by Investment Companies, statistical summaries and analyses, and other such sources WIA personnel deem appropriate. WIA may utilize services of sub-advisers and established third-party research services to assist WIA with formulating asset allocation, industry and sector selection, and investment recommendations in managing the Plan Client’s funds. Technical Analysis may be used when analyzing indices and/or securities other than open- ended mutual funds. It is important to note that investing in securities involves certain risks that are borne by the investor. For any risks associated with Investment Company products, please refer to the prospectuses for additional details about these risks. WIA’s investment approach constantly keeps the risk of loss in mind. In general, risks associated with investing include, but are not limited to: • Interest-rate Risk: Fluctuations in interest rates cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. • • Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political, economic and social conditions may trigger market events. Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation. • Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e., interest rate). This primarily relates to fixed income securities. • • Business Risk: These risks are associated with a particular industry or a particular company within an industry. For example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like. Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not. • Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value. 5  Item 9 – Disciplinary Information Registered investment advisers are required to disclose all material facts regarding any legal or disciplinary events that would be material to an evaluation of WIA or the integrity of WIA’s management. WIA has no information applicable to this Item. Item 10 – Other Financial Industry Activities and Affiliations WIA is a wholly owned subsidiary of WIA Holdings, LLC. Under the common control of WIA Holdings, LLC, WIA is affiliated with Goldman Sachs & Co., LLC, a FINRA broker-dealer (Member SIPC) and SEC Registered Investment Adviser, WIA Securities, LLC (“PSC”) and TFS Securities, LLC, FINRA broker-dealers (Members SIPC), TFS Advisory Services, Wealth Advisory Group, Inc., and Financial Planning Concepts of America, Inc., all SEC Registered Investment Advisers. WIA is also affiliated with World Insurance Associates, LLC, Scotts American, LLC, Keating, LLC, ESA Associates, LLC, FastComp, LLC, Hamond Safety Management, LLC, Pacific Coast NCA Premium Finance, LLC, and World Insurance Programs, LLC, all insurance agencies engaging in Life, Health, Long Term Care, Variable, and various other Insurance business. Recommendations for Goldman Sachs investment products are limited to a small subset of products approved by WIA. No incentives are provided to WIA or WIA Investment Advisor Representatives to recommend Goldman Sachs products over other investment products. WIA is also affiliated with other financial services companies, but does not have any shared business dealings, operations, referral programs, clients, representatives, or premises with these other companies, and has no reason to believe the firm’s relationship with them otherwise creates a conflict of interest with WIA clients. A full list of WIA’s affiliates will be provided upon request. Investment Adviser Representatives (“IARs”) of WIA may effect securities transactions for Clients as registered representatives of Pensionmark Securities, LLC (“PSC”), St. Bernard Securities, LLC (“St. Bernard”), or World Investments, Inc. (“WII”), all FINRA broker-dealers. WIA is affiliated with PSC and WII through the common control and ownership by WIA Holdings, LLC. WIA has no affiliation with St. Bernard. Advisors that are registered representatives of these firms may recommend either of the two firms with whom they are registered for broker-dealers services. Factors for such a recommendation may be when transaction compensation is seen as a benefit to the client. For broker-dealer services, PSC, St. Bernard, WII, or their associated persons may receive compensation, which is separate and distinct from compensation related to investment advisory services. Commissions paid to advisors for broker-dealer services may be higher or lower than those paid by other brokers. All FINRA, SEC, and other regulatory agencies disclosure requirements and policies are observed for all transactions. If a trade error were to occur, it may result in profit or loss to the firm. The firm has controls in place to limit such trade errors. Investment Advisers will not participate in any profits resulting from such errors. Many WIA Advisors are life insurance licensed in order to act as “agent of record” for those Plan Clients whose retirement plans are funded with group variable insurance products. Additionally, Financial Advisors at WIA may occasionally recommend fixed or variable annuities or life insurance to their Wealth Clients when assisting them in executing their financial plan. Variable Annuities will be offered through PSC, while fixed annuities or other life insurance products may be offered through an independent insurance agency. Insurance products are separate and distinct from advisory services offered. In general, product revenue associated with Plan Client assets is captured to reduce the plan advisory fee pursuant to the terms of the RPAA. One WIA Advisor is also registered as an Advisor with Icon Wealth Partners, LLC. (“IWP”). This Advisor utilizes IWP for their individual wealth clients only. IWP is not used for any Retirement plan business. 6  Some Investment Adviser Representatives (“IARs”) of WIA may also be registered as IARs of Acrisure Investment Advisory Solutions, LLC (“Acrisure”). However, these IARs do not effect any transactions through Acrisure. One WIA Advisor is also registered as an Advisor with Nexus338, an advisory firm providing technology-based retirement plan managed account services to non-WIA clients . WIA is not affiliated with IWP, Acrisure, or Nexus338. WIA may recommend recordkeepers to Plan Clients. American Pension Benefits (“APB”) is a recordkeeper that is owned and operated by certain Investment Advisors Representatives of WIA. All revenue earned by APB is separate and distinct from WIA fees. WIA and APB are not affiliated and WIA does not receive remuneration for referrals to APB. WIA also serves as a 3(38) discretionary investment manager to the Architect PEP. The pooled employer plan (“PEP”) combines plan administration services with investment management services for participating employers. WIA has no affiliation with the Pooled Plan Provider, Finway Group, and receives levelized compensation based on assets under management within the PEP. Individuals licensed as Registered Representatives or Insurance Agents may spend as much as 50% of their time on these non-advisory activities. In their capacities as registered representatives or as independent insurance agents, clients will be charged separately from their advisory services. Clients have the option to purchase investment products that we recommend through other brokers or agents that are not affiliated with WIA. Please Note: Item 12 includes additional details regarding brokerage practices and related disclosures. Item 11 – Code of Ethics Personal transactions in securities by directors, officers, and employees of WIA who have access to nonpublic information regarding Clients’ purchase and sale of securities, are involved in making securities recommendations to Clients, or who have access to such non-public recommendations (“access persons”) are subject to the restrictions and procedures in WIA’s Code. All supervised persons at WIA must acknowledge the terms of the Code of Ethics annually, or as amended. The Code addresses, among other things, the following: (i) general principles that address WIA’s fiduciary obligations to its Clients, (ii) personal securities trading procedures restricting the purchase and sale, by access persons for their own accounts, of specific securities; (iii) provisions relating to the confidentiality of Client information; (iv) a prohibition on insider trading; and (v) restrictions on the acceptance of significant gifts and the reporting of certain gifts and business entertainment. Occasionally, access persons of Adviser may recommend that Clients buy or sell the same securities or investment products that access persons of the Adviser also own. In such circumstances, Adviser shall give precedence to Client transactions. WIA’s employees and persons associated with WIA are required to follow the Code of Ethics. The Code of Ethics is designed to assure that the personal securities transactions, activities and interests of the employees of WIA will not interfere with (i) making decisions in the best interest of advisory Clients and (ii) implementing such decisions while, at the same time, allowing employees to invest for their own accounts. Under the Code certain classes of securities have been designated as exempt transactions, based upon a determination that these would not materially interfere with the best interest of WIA’s Clients. In addition, the Code requires pre-approval of specific types of transactions, and restricts trading in close proximity to client trading activity. Nonetheless, because the Code of Ethics in some circumstances would permit employees to invest in the same securities as Clients, there is a possibility that employees might benefit from market activity by a Client. 7  Employee trading is monitored under the Code of Ethics to reasonably prevent conflicts of interest between WIA and its Clients. Because all trading for Plan Clients is done by the Plan’s recordkeeper, WIA does not effect any block or bunched trades. WIA’s Clients or prospective clients may request a copy of the firm's Code of Ethics by contacting the Compliance Department at (888) 201-5488 or by sending an email to compliance@worldadvisors.com. Item 12 – Brokerage Practices WIA is affiliated with Pensionmark Securities, LLC (“PSC”) (registered Broker/Dealer with FINRA) under the common control and ownership of WIA Holdings, LLC. PSC collects 12b-1 fees or product commissions that may be used to offset WIA advisory fees. In this case, WIA tracks all 12b-1 or product revenue (by plan Client) that is actually received by PSC and offsets advisory fees on a monthly or quarterly basis as the case may be, in accordance with the RPAA. In the absence of an RPAA, a Plan Client may appoint a WIA Financial Advisor (only in his/her capacity as registered representative of a FINRA broker-dealer) as the “Broker of Record” in order to compensate the WIA Financial Advisor solely with product revenue. Consequently, Investment Adviser Representatives, who are also Registered Representatives of PSC, may receive compensation in the form of commissions for each transaction if that Registered Representative is named as “Broker or Agent of Record” to investment company products that the Plan Client is invested in. Therefore, on rare occasions, a Registered Representative may be compensated by 12b-1 fees or direct commissions only. Brokerage Practices affecting Wealth Clients are separately disclosed in its Wealth ADV Part 2A. Wealth disclosures include that Investment Adviser Representatives may effect securities transactions for Clients as registered representatives of a broker/dealer. All FINRA, SEC, and other regulatory agencies disclosure requirements and policies are observed for all transactions. Associated persons may receive compensation for such transactions, where such compensation is separate and distinct from Adviser’s compensation related to its investment advisory services. As stated in Item 5, any product revenue stemming from an RPAA with an ERISA Plan Client captured by PSC will be used to offset WIA advisory fees. Item 13 – Review of Accounts Plan Client Accounts are reviewed by their Financial Advisor, the Investment Advisor Representatives (IAR) responsible for performing periodic reviews and consulting with the respective Client. Additionally, monthly or quarterly statements are provided by the Plan Client’s custodian or recordkeeper, but additional reports may be provided by Third Party Administrators employed by the Plan Client. Plan Clients agree to inform the WIA in writing of any material changes to the Plan Client’s financial circumstances that may affect advice being rendered to the Plan. Plan Clients may contact the Adviser during normal business hours to consult with the firm concerning any such material changes. Item 14 – Client Referrals and Other Compensation WIA, in some instances, may compensate third-party promoters for Client referrals. In order for a promoter to be compensated by WIA for referring a Client to WIA, the promoter must be engaged by WIA under a Promoter or Referral Agreement (“Agreement”) in compliance with Section 206(4)-1 of the Investment Advisers Act of 1940. In general, a promoter is compensated by a percentage of the advisory fee collected for a limited period specified in the Agreement. The Client pays no additional fee for the referral over and above WIA’s quoted advisory fee; to the contrary, the fee the Adviser earns is reduced 8  by the amount of the compensation to the promoter. A Client who is referred by a promoter will receive the promoter’s separate Disclosure Statement describing the nature of the arrangement in detail. Clients may request details regarding a particular Agreement by contacting us toll-free at (888) 679-6067 or by emailing compliance@worldadvisors.com. Certain mutual fund companies, recordkeepers, or other third parties (“Third Parties”) will periodically sponsor educational seminars for participating financial advisors designed to facilitate and promote professional development and product knowledge. To encourage participation, Third Parties will cover travel related expenses for certain financial advisors to attend these meetings. Such expense reimbursements are only permissible by WIA when pre-approved, and after review of the agenda and estimated costs. WIA will not approve expense reimbursements by the Third Parties for travel unless the travel expenses appear reasonable and customary; lavish expenses will not be approved. WIA Advisors do not base recommendations on the expectation of such conference and travel. In addition, WIA or its Advisors may host events where Third Parties “sponsor” a specific portion of the event, e.g., the cost of a dinner. WIA Advisors do not base recommendations on the expectation of such conferences, travel or event sponsorship. Item 15 – Custody WIA is deemed to have custody of client funds because investment advisory fees are directly debited from some Client accounts. Debiting of fees is done pursuant to authorization provided by the Client. Clients should receive statements at least quarterly from the selected qualified Custodian that holds and maintains client’s investment assets. WIA urges clients to carefully review such statements and compare the official custodial records to the account statements that WIA may provide. WIA’s statements may vary from custodial statements based on accounting procedures, reporting dates, or valuation methodologies of certain securities. WIA is also deemed to have custody of client assets as a result of certain Clients’ authorization for WIA and/or its IARs to distribute assets from their account(s) to a specific named recipient on demand in accordance with a standing letter of instruction. WIA intends to comply with the SEC No-Action Letter dated 2/21/2017 (Investment Adviser Association) allowing firms complying with the provisions of the No- Action Letter to forego an annual surprise custody examination with respect to those assets. Item 16 – Investment Discretion WIA most often acts in a non-discretionary capacity as an ERISA 3(21) fiduciary. As such, WIA will make recommendations of investments to plan sponsors, but does not have the authority to make decisions on behalf of the Plan. The plan sponsor/trustee retains ultimate decision-making authority for investments and may accept or reject the recommendations. The plan sponsor is responsible for the selection and monitoring of the 3(21) fiduciary and implementation of any of the 3(21) fiduciary’s investment recommendations and assumes responsibility and liability for any decisions made. For certain WIA Clients, the discretionary RPAA (Retirement Plan Advisory Agreement) gives WIA the authority to take discretion over the investment selection in a Plan. This service elevates WIA’s fiduciary role to that of an ERISA 3(38) “investment manager.” In that circumstance, the plan sponsor has the obligation to select and monitor WIA as a 3(38) investment manager. WIA’s separate Disclosure Brochure for its Wealth Management Services discloses the level of authority and discretion WIA is granted, in general, for its Wealth Management clients. 9  Adviser may have the authority to negotiate fees on behalf of the Plan Client with its other service providers. Specifically, in its efforts to perform “Request(s) For Proposals” (RFPs) on behalf of Plan Clients, Adviser assists the Plan Client in determining the most suitable fee for services structure that can be obtained within the constraints of the Retirement Plan Document(s). However, WIA does not have any “control” over the fees or commissions charged by custodians or investment companies for the products or services they provide. Consequently, the Plan Client may pay fees or commissions higher than obtainable elsewhere for similar products or services. Item 17 – Voting Client Securities WIA typically does not vote proxies on behalf of clients. Clients retain the responsibility for receiving and voting proxies for any and all securities maintained in client portfolios. Clients should contact their financial advisor if they have any questions and/or to obtain this information. Clients will receive their proxies directly from their custodian or transfer agent. In limited circumstances, WIA will agree to vote proxies on securities on behalf of a Retirement client. In all such instances, proxies will be voted in accordance with the terms of the client’s Investment Advisory Agreement. WIA has adopted procedures that are designed to ensure client securities are voted in the best interests of the firm’s clients, and to avoid potential conflicts of interest that may arise between WIA’s interests and those of the firm’s clients. The firm will analyze the proxy issues and execute votes in accordance with the firm’s established proxy voting guidelines. Any issues regarding potential material conflicts will be raised with the firm’s Compliance Officer. If a conflict of interest is identified, the client will be contacted to provide guidance on voting the proxy in an appropriate manner. To the extent the guidelines do not address a proxy issue, the company will vote that proxy in the best interest of WIA’s client. A copy of WIA’s Proxy Voting Policies and Procedures and/or the record of proxies that have been voted for the client are available to clients upon their request. Item 18 – Financial Information Registered Investment Advisers are required to provide certain financial information or disclosures about their financial condition. WIA has no financial commitment that impairs its ability to meet contractual and fiduciary commitments to Clients and has not been the subject of any bankruptcy proceedings. Privacy Policy World Investment Advisors, LLC (“WIA”) recognizes that its Clients have an expectation that WIA and its affiliates will maintain the confidentiality of Clients’ nonpublic personal information. Consequently, WIA has adopted this Privacy Policy concerning information obtained during the servicing of Client’s account(s). Nonpublic Information: Nonpublic information obtained by WIA for purposes of providing services hereunder will not be furnished to third parties for any other purpose other than in furtherance of the services to be provided hereunder. Notwithstanding the foregoing, WIA may disclose nonpublic information (i) to the extent such disclosure is required by court order or by a valid order of a governmental body governmental or quasi-governmental agency (such as FINRA) (ii) after the time of disclosure such information becomes part of the public knowledge or literature, not as a result of any inaction or action of WIA, (iii) reasonably necessary for WIA to enforce its legal rights in any dispute with that Client; or (iv) is approved by Client, in writing, for release. WIA does not disclose nonpublic personal information about its Clients to any party except as permitted by law. 10  Sources of Personal Information: WIA collects Personal Information about its Clients from meetings with Clients and on applications or other forms Clients have submitted to WIA, as well as information about Clients’ investments or transactions with WIA or others (such as third-party service providers or fund companies) from other sources. How WIA Protects the Confidentiality of Clients’ Nonpublic Personal Information: WIA does not sell or trade Clients’ information with nonaffiliated companies. When information is provided to third party service providers, safeguards are in place to assure that information is used only for the purpose it is provided. WIA maintains its records on secured computers. Prospective employees are screened for criminal convictions. Once hired, employees are made aware of WIA’s Privacy Policy and of the confidential nature of the information they handle. Employees are limited to accessing only that customer information that is necessary to perform their job functions. To Whom This Policy Applies: This Notice applies to all WIA Clients who enter into an Advisory Services Agreement or Customer Agreement with WIA. For Former Clients: WIA’s Privacy Policy continues to apply even to Clients that have terminated services with the firm. Internet Cookies: An internet “cookie” is a small amount of data that is placed on to your electronic device by a website and stored in your internet browser. Cookies allow websites to store things like preferences, so that it can recognize users when returning to the site and respond appropriately. When individuals access the Worldadvisors.com website, WIA makes use of cookies to improve the load times and functionality of the website, and in some cases registration pages. WIA may from time to time also utilize data tracking software to assist in spotting trends and areas of improvement on the website. By accessing the Worldadvisors.com site and embedded web pages, users are providing their express approval allowing WIA to utilize these technologies to improve services provided. WIA may also use various third-party cookies to report usage statistics of the service, or to authenticate users and prevent fraudulent access of user accounts. Access to and Correction of Information: Upon the written request of Clients, WIA will make available for review any file that may be maintained for their personal Information; provided, however, that any Information collected in connection with, or in anticipation of, any claim or legal proceeding will not be made available. If Clients notify WIA that any Information is incorrect, the information will be reviewed. If WIA agrees the information is incorrect, records will be corrected. If WIA disagrees, Clients may submit a short statement of dispute, which will be included in any future disclosure of the disputed Information. Additional California Privacy Disclosures: Please consult the supplemental WIA Privacy Notice for California Residents for additional disclosures pertinent to California residents. Further Information: WIA reserves the right to change this Privacy Policy at any time. The examples contained within this Privacy Policy are illustrations and are not intended to be exclusive. This Policy attempts to comply with federal and state regulations regarding privacy. Clients may have additional rights under other foreign or domestic laws that may apply to them. If the financial advisor servicing a client account leaves WIA to join another firm, the advisor is permitted to retain copies of client information so that he/she can assist with the transfer of the client account and continue to serve the client at their new firm. by calling (888) 201-5488 or by an email “Opting Out” of Third-Party Disclosures: If a client does not want a financial advisor to retain copies of client sensitive information when he/she leaves WIA to join another firm, the client may contact the WIA Compliance Department to sending compliance@worldadvisors.com to request further information regarding this policy. 11  12 

Item 1 – Cover Page World Investment Advisors, LLC 24 East Cota Street Santa Barbara, CA 93101 Phone: (888) 201-5488 http://www.worldadvisors.com March 31, 2025 This Brochure provides information about the qualifications and business practices of World Investment Advisors, LLC. If you have any questions about the contents of this Brochure, please contact us at (888) 201-5488 or email compliance@worldadvisors.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. World Investment Advisors, LLC is a Registered Investment Adviser. Registration of an Investment Adviser does not imply any level of skill or training. This Brochure is intended, in part, to provide information which can be used to make a determination to hire or retain an Adviser. Additional information about World Investment Advisors, LLC is also available on the SEC’s website at www.adviserinfo.sec.gov. (Please see page 12 for WIA’s Privacy Policy) i  Item 2 – Material Changes The Firm has no material changes to report since the last annual brochure dated October 31, 2024. The Firm has made the following clarification within the Brochure: • Additional clarification for Item 11 with more information about our relationship with Goldman Sachs. Each year, we will provide each client with (i) a free updated Brochure that either includes a summary of material changes or is accompanied by a summary of material changes, or (ii) a summary of material changes that includes an offer to provide a copy of the updated Brochure and information on how clients may obtain the Brochure. Our Brochure may be requested by contacting us toll-free at (888) 201-5488 or by sending an email to compliance@worldadvisors.com. Additional information about World Investment Advisors, LLC is also available via the SEC’s website at www.adviserinfo.sec.gov. The SEC’s website provides information about any persons affiliated with World Investment Advisors, LLC who are registered, or are required to be registered, as investment adviser representatives of World Investment Advisors, LLC. ii  Item 3 - Table of Contents Table of Contents Item 1 – Cover Page ....................................................................................................................................... i Item 2 – Material Changes ............................................................................................................................ ii Item 3 - Table of Contents ............................................................................................................................ iii Item 4 – Advisory Business ........................................................................................................................... 1 Item 5 – Fees and Compensation ................................................................................................................. 3 Item 6 – WorldMAP ...................................................................................................................................... 6 Item 7 – Performance-Based Fees and Side-By-Side Management ............................................................ 10 Item 8 – Types of Clients ............................................................................................................................. 10 Item 9 – Methods of Analysis, Investment Strategies and Risk of Loss ...................................................... 10 Item 10 – Disciplinary Information ............................................................................................................. 11 Item 11 – Other Financial Industry Activities and Affiliations .................................................................... 11 Item 12 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading ............... 13 Item 13 – Brokerage Practices .................................................................................................................... 14 Item 14 – Review of Accounts .................................................................................................................... 14 Item 15 – Client Referrals and Other Compensation .................................................................................. 15 Item 16 – Custody ....................................................................................................................................... 15 Item 17 – Investment Discretion ................................................................................................................. 16 Item 18 – Voting Client Securities ............................................................................................................... 16 Item 19 – Financial Information .................................................................................................................. 16 Privacy Policy .............................................................................................................................................. 17 iii  Item 4 – Advisory Business World Investment Advisors, LLC (“WIA” or “Adviser”) was established in March 2015. WIA is a wholly owned subsidiary of WIA Holdings, LLC. WIA is an Investment Adviser registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940. In addition to the Programs described in this Brochure, WIA also offers a wrap fee program, which is disclosed in a separate Wrap Fee Brochure. This wrap program includes portfolio management services including mutual funds and exchange traded funds (ETFs), along with high quality individual fixed income and equity securities. In a wrap fee program, clients are charged an all-inclusive wrap fee on Program Assets that covers advisory, execution, custodial and reporting services on Eligible Assets. A portion of these fees will be paid to WIA for advisory services. In a non-wrap fee program, WIA’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which shall be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, technology platforms, third party investment and other third parties such as fees charged by managers, custodial fees, 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. Mutual funds and exchange traded funds also charge internal management fees, which are disclosed in the fund’s prospectus. Such charges, fees and commissions are exclusive of and in addition to WIA’s fee, and WIA shall not receive any portion of these commissions, fees, and costs. As of December 31, 2023, the Firm had $14,663,109,964 in discretionary assets under management and $23,096,654,363 in non-discretionary assets under management. WIA Wealth WIA provides advisory services through its Wealth Program, giving continuous advice based on the client’s individual needs. Through personal discussions in which goals and objectives based upon the client’s personal objectives are established, the firm will typically develop a personal investment policy based upon the Client Profile and manage the portfolio according to the criteria. Through its advisor as portfolio manager program, WIA advisors can deliver customized portfolio solutions though their access to online tools that streamline the process of managing client accounts, including rebalancing and liquidity tools, client-level security restrictions, trading tools, alerts, and integrated reporting functions. Third-Party Money Management WIA has access to a wide range of non-affiliated investment advisors (“third-party money managers”) via the Envestnet ENV2 platform to offer asset allocation and asset management services to WIA advisory clients. Each IAR shall assist their client in formulating a strategic investment portfolio based on the client's investment objectives. Once formulated, if appropriate for the client, a suitable third-party money manager is selected to implement and continually manage the portfolio. In preparing the portfolio, each IAR may set restrictions or limitations on the management of the account and will explain to the client the continual account activity transacted by the third-party money manager. Also, WIA will periodically review the current and historical performance record of each third-party money manager. WIA has also entered into additional agreements with various non-affiliated investment advisors (“third party money managers”) not available on the Envestnet platform to offer asset allocation and asset management services to WIA advisory clients. In the same way as mentioned above, each IAR shall assist their client in formulating a strategic investment portfolio based on the client's investment objectives. 1  Once formulated, a suitable third-party money manager is selected to implement and continually manage the portfolio. In preparing the portfolio, each IAR may set restrictions or limitations on the management of the account and will explain to the client the continual account activity transacted by the third-party money manager. Also, WIA will periodically review the current and historical performance record of each third-party money manager. The relationship of WIA with any third-party money manager will be clearly communicated to all clients in the third-party money manager’s Client Services Agreement and/or other similar documentation. Each third-party money manager is required to provide WIA and the IAR with a disclosure document statement, typically a copy of their Form ADV 2A. The third-party money manager’s Form ADV 2A will be provided to the client by IAR. Additionally, WIA advisors may recommend the use of WealthPath models to Clients. These models are managed by WealthPath Advisors, LLC. WealthPath advisors are registered as investment advisor representatives of WIA. When offered to their own clients, there are no additional fees; however, when offered to the clients of other advisors (including other WIA advisors), a portion of the total advisory fee charged is paid to WealthPath in exchange for their investment management services. Although the fee paid by the Client is not impacted, WIA receives additional remuneration when WealthPath is selected as the manager of the Clients’ assets because WealthPath is not an outsourced third-party money manager. WIA’s fiduciary responsibility is to always choose the manager or portfolio that is in the best interest of the client. Additionally, WIA does not promote the exclusive use of WealthPath as a third-party money manager alternative. Reasonable Restrictions Each client has the ability to impose reasonable restrictions on the management of his/her account, including the designation of particular securities or types of securities that should not be purchased for the account, or that should not be sold if held in the account. If a client’s instructions are unreasonable or an investment advisor representative believes that the instructions are inappropriate for the client, WIA will notify the client that, unless the instructions are modified, it may cancel the instructions in the client’s account. A client will not be able to provide instructions that prohibit or restrict the Investment Adviser of an open-end or closed-end mutual fund or ETF with respect to the purchase or sale of specific securities or types of securities within the fund. Financial Planning & Analysis As an extension of its wealth advisory services, WIA may provide advice in the form of a Financial Plan. Clients may receive a written plan, providing the client with a detailed financial plan designed to achieve their stated financial goals and objectives. In general, the plan will address any or all of the following: • Personal: Family records, budgeting, personal liability, estate information and financial goals Tax and Cash Flow: Income tax, spending analysis and planning for past and future years. • • Death and Disability: Cash needs at death, income needs of surviving dependents, estate planning • Retirement: Strategies and investment plans to help client achieve their retirement goals Investments: Analysis of investment alternatives and their effect on a client’s portfolio. • Information on clients will be gathered through in-depth personal interviews and review of personal financial information. Gathering data concerning current financial status, future requirements, risk appetite and goals is essential. In some instances, this information may be incorporated into eMoney or another technology solution offering a goals-based approach to financial planning and analysis. 2  WIA may work with other professionals such as attorneys, Certified Public Accountants, trust officers, Mortgage Analysts, etc., to offer financial and estate planning advice. WIA specializes in the areas of investment, finance, estate, risk management, retirement, and business continuation planning. The financial management process begins with an in-depth evaluation of the client’s current financial goals and objectives. Once overall objectives have been established, the Advisor will focus on the client’s specific goals. eMoney In addition to the aforementioned services, WIA offers investment data storage and periodic comprehensive reporting services which can incorporate all of the client’s investment assets, including those investment assets that are not part of the assets managed by WIA (the “Excluded Assets”). Should the client utilize these reporting services, the client acknowledges and understands that with respect to the Excluded Assets, WIA’s service is limited to reporting and data storage services only and does not include investment management, review, or monitoring services, nor investment recommendations or advice. As such, WIA will not be responsible for the investment performance of the Excluded Assets. If the client requests WIA to provide investment management services with respect to the Excluded Assets, the client may engage WIA to do so for a separate and additional fee. Item 5 – Fees and Compensation WIA Wealth The specific manner in which fees are charged by the Firm is established in a client’s written agreement (“Agreement”). Fees, for accounts custodied at Schwab, are generally based on a percentage of assets under management as of the last day in the previous month, calculated at an annual rate and billed monthly in advance based on the number of days in that particular month. If the account is custodied at Fidelity the fees are generally based on a percentage of assets under management as of the last day in the previous month, calculated at an annual rate, divided by 12 and billed monthly in advance. In some instances, other methodologies for calculations of fees (i.e., fees payable in arrears or on a quarterly basis) may be employed and will be specifically outlined in the client’s Agreement. WIA IARs may also use a custodian other than Schwab or Fidelity, which will be made clear to the client prior to any accounts being opened. Maximum fees are based on the assets in the account per the schedule below and in some instances, may be negotiated. WIA may also engage with clients under a flat-fee structure; however, the fees assessed will not exceed the percentage fees outlined below. FEE SCHEDULE Gross Market Value 0-$500,000 $500,001 – $1,000,000 $1,000,001 – $2,000,000 $2,000,001 - $5,000,000 Over $5,000,001 Maximum Annual Fee 3.00% 2.75% 2.50% 2.25% 2.00% The firm, in its sole discretion, may waive or charge a lesser investment advisory fee based upon certain criteria (e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, negotiations with clients, etc.). 3  If a client’s Agreement becomes effective as of a day other than the first day of a billing period or if a termination of a client’s Agreement is effective on a day other than the last day of a billing period, the Fees for that billing period shall be prorated (calculated on a per diem basis) and the applicable amount promptly paid by Client to WIA or refunded by WIA to Client, as the case may be. Fees will be deducted from the account directly unless the Client requests to be billed separately. Generally, no further proration is done for additions or withdrawals made during the fee period. Fees may be reduced or waived for WIA employees. Financial Planning WIA may charge a fixed agreed upon rate or an hourly rate for any agreed upon financial planning work. This rate may vary depending on the requested task; however, the client will be provided with an estimate in advance. In some instances, clients may elect to engage in ongoing financial planning for which an ongoing fee will be charged. In these instances, the client will be notified in advance of the cost of the ongoing financial planning, and details about the recurring fee will be specifically outlined in the client’s Agreement. Financial planning fees will be charged at an agreed upon fixed fee, generally ranging from $1,000 to $5,000, or on an hourly basis, generally ranging from $100 to $275 per hour, depending on the nature and complexity of each client's circumstances. In certain instances, financial planning fees may exceed these rates, typically in cases of highly complex circumstances. The firm may also, in its sole discretion, waive or charge a lesser financial planning fee based upon certain criteria (e.g., historical relationship, anticipated future earning capacity, anticipated future additional assets, related accounts, negotiations with clients, etc.). When charging an hourly financial planning fee, an estimate for the total hours will be determined at the start of the advisory relationship. Up to 50% of the estimated fee may be due upon signing the Agreement, with the balance (based on actual hours) due upon presentation of the plan to the client. Typically, the financial plan will be presented to the client within 90 days of the contract date, provided that all of the relevant information needed to prepare the financial plan has been promptly provided by the client. The client may terminate its arrangement at any time, in writing, and will be refunded a portion of the fee based upon a pro-rated calculation related to the time and expense expended by the firm. General Fee Information The advisory fees and transaction charges do not cover charges imposed by third parties for investments held in the account, such as contingent deferred sales charges or 12(b)-1 trails on mutual funds. In addition, each mutual fund or third-party money manager charges asset management fees, which are in addition to the advisory fees charged by our firm. The fees charged by such funds or managers are disclosed in each fund’s prospectus or Manager’s ADV Part 2A. Accounts may require a minimum advisory fee or quarterly maintenance fee that will be detailed in the applicable advisory agreement. The Management Fee also does not cover custodial or platform fees and charges in connection with debit balances; margin interest; odd-lot differentials; IRA fees; transfer taxes; exchange fees; wire transfers; extensions; non-sufficient funds; mailgrams; legal transfers; bank wires; postage; costs associated with exchanging foreign currencies; and SEC fees or other fees or taxes required by law. Load and no-load mutual funds may pay annual distribution charges, sometimes referred to as 12b-1 fees. 12b-1 fees come from fund assets, therefore, indirectly from client assets. Some mutual funds within this program pay 12(b)-1 service fees (typically 0.25% per year) to the Custodian. For certain ERISA accounts, 12b-1 fees in whole or in part are credited back to the account to offset fees charged. The mutual funds the Firm could purchase or recommend offer a variety of share classes, including some that do not charge 4  12(b)-1 fees and are, therefore, less expensive. Typically, WIA does not recommend mutual funds that charge 12(b)-1 fees when other share classes are available. However, there are instances in which WIA would recommend a mutual fund that carries a 12(b)-1 fee, even when a lower-cost share class is available for the same fund. For example, a lower-cost class share may not be available to WIA due to investment minimums, or the chosen custodian may make available certain funds which do not carry a transaction fee. WIA does not receive any part of the fees charged by Mutual Funds, and as a fiduciary to your account, will select the most appropriate fund share class. In addition to the fees outlined above, a separate fee of up to 0.05% (5 basis points) may be levied by Envestnet or Tamarac, the firm's technology platforms used for billing and reporting (“platform fee”). This fee may be levied in addition to the advisory fee assessed for investment management services and is not billed as a separate line item. The annual Envestnet/Tamarac platform fee will not exceed 0.05% or a $100.00 minimum annual fee, prorated monthly, whichever is greater. Accordingly, a client might pay an effective rate greater than the rate specified in the fee schedule on their Advisory Agreement. The $100.00 fee resets annually based on the month the account was originally opened. In the event a third-party money manager is implemented in a client portfolio, the annual Envestnet/Tamarac platform fee will not exceed 0.15% or a $150.00 minimum annual fee, prorated monthly, whichever is greater. This fee may be reduced based on the amount of investable assets and is in addition to the advisory fee assessed by WIA and the third-party asset manager for investment management services. Although WIA believes its fees are reasonable in light of the services provided, clients should be aware that such fees may be more or less than the fees and commissions associated with investment advisory and brokerage services purchased separately. The comparison is dependent upon several factors, including the frequency of brokerage activity in the client’s account, the size of the account under management, and any negotiated fee arrangements with respect to the account. An investor should consider these factors prior to opening an Advisory Account with WIA. Transaction fees charged may be higher than those otherwise available if the services were provided separately for a discrete fee or if an Investment Advisor were to select brokerage and negotiate commissions in the absence of the extra consulting service provided. Clients should consider the value of the additional consulting services when making such comparisons. The combination of custodial, consulting, and brokerage services may not be available separately or may require multiple accounts, documentation, and fees. All fees described herein may be subject to negotiation depending on a range of factors including, but not limited to, account size and overall range of services requested. Clients have the option to purchase investment products that WIA and its IARs recommend through other brokers or agents that are not affiliated with WIA. Account Termination Client and/or the firm may initiate termination of the contract, with or without cause, upon not less than 30 days’ prior written notice provided to the other party. The contract termination will be effective on the date specified in the notice, provided it is at least 30 days after the other party’s receipt of such. WIA does not charge a fee for terminating the contract, but the custodian may charge a termination fee. Upon written receipt of notice to terminate its client Agreement, and unless specific transfer instructions are received, WIA and its representative(s) will cease advisory services. Should the client provide specific instructions to liquidate, WIA will proceed with liquidation of the client’s account in an orderly and efficient manner. There will not be a charge by WIA for such redemption; however, the client should be aware that certain securities impose redemption fees as stated in each company’s prospectus. Additionally, 5  custodians may assess additional redemption fees for short-term liquidations. Clients must keep in mind that the decision to liquidate security issues or mutual funds may result in tax consequences that should be discussed with the client’s tax advisor. Factors that may affect the orderly and efficient manner would be size and types of issues, liquidity of the markets, and market makers’ abilities. Should the necessary securities’ markets be unavailable, and trading suspended, efforts to trade will be done as soon as possible following their reopening. Due to the administrative processing time needed to terminate client’s investment advisory services and communicate the instructions to client’s Investment Advisor, termination orders received from clients are not market orders; it may take several business days under normal market conditions to process the client’s request. During this time, the client’s account is subject to market risk. WIA and its representative(s) are not responsible for market fluctuations of the client’s account from time of written notice until complete liquidation. All efforts will be made to process the termination in an efficient and timely manner. Item 6 – WorldMAP WorldMAP Program Overview World Managed Account Platform (WorldMAP) is an asset management platform offered by WIA to its clients. WorldMAP provides clients with access to professionally managed portfolios that are designed to achieve certain investment objectives and/or to comply with specific risk limitations and other constraints. The investment manager typically makes investment decisions based on a strategy the manager has developed to meet those objectives and constraints. Typically, the manager creates and maintains a “model portfolio,” that is, a portfolio consisting of certain securities in specific allocations that can be implemented widely in the separate accounts of those clients who subscribe to that manager’s strategy. In some cases, the client’s advisor will create and manage a customized portfolio, rather than a model. Whether managing a model portfolio or a customized one, the manager maintains the portfolio by making decisions to buy and sell securities and to adjust the allocation among the securities held in the portfolio on an ongoing basis. Investment management services under the WorldMAP program are implemented through a portal, or “platform,” to which WIA has been provided access under agreements with Vestmark Advisory Solutions, Inc. and its affiliates (VAS). WorldMAP offers WIA clients access to: (a) model or customized portfolios managed by the client’s advisor (Advisor-Managed Portfolios or “AMP”); (b) model portfolios managed by Cota Street Investment Management, WIA’s investment management team (Cota Street Models); and (c) model portfolios made available to WIA pursuant to a sub-advisory agreement between WIA and VAS that are managed by third- party managers (Third-Party Manager Models). Clients participating in the WorldMAP program will typically hold investments based on one or more of these types of model or customized portfolios. Additionally, through participation in WorldMAP, a client may choose to receive certain tax strategy services and direct indexing services for accounts for which those services are appropriate. These portfolios and services are discussed in more detail below. After reviewing those descriptions, each client should also review the section further below titled “WorldMAP-Related Fees and Conflicts of Interest” for important additional information. Additionally, VAS publishes its own Form ADV, Part 2A, commonly called a “brochure,” which is similar to this document. It describes the VAS platform and services in more detail. The current brochure for VAS will be delivered to clients who participate in the WorldMAP program, and we encourage our clients to review that brochure. The decision to liquidate security issues or mutual funds may result in tax consequences that should be discussed with the client’s tax advisor. Factors that may affect the orderly and efficient manner would be size and types of issues, liquidity of the markets, and market makers’ abilities. Should 6  the necessary securities’ markets be unavailable, and trading suspended, efforts to trade will be done as soon as possible following their reopening, due to the administrative processing time needed to terminate client’s investment advisory services and communicate. WorldMAP Advisor Managed Portfolios (AMP) Accounts participating in AMP are managed and traded by the client’s advisor. Model portfolios created by advisors will vary from one advisor to the next in terms of investment objectives, risk, trading restraints and other factors. Advisors may also offer customized portfolios under the AMP program. AMP offers clients and their advisor the flexibility to structure portfolios in any manner deemed suitable for each client. Whether in a model or customized portfolio, allowable investments include, but are not limited to, equities, fixed income securities, mutual funds, partnership interests, certain unit investment trusts (“UITs”), managed futures funds, Exchange Traded Funds (“ETFs”), options or any combination thereof. Portfolios are constructed based on the investment goals established by the client. Prior to opening an account, the client and the advisor will discuss the client’s investment objectives and risk tolerance. From that information, the advisor will either recommend a model portfolio managed by the advisor or will construct a portfolio that best matches the client’s individual needs. The client may impose reasonable restrictions on investing in certain securities or types of securities. After the client’s initial investment, the advisor performs ongoing monitoring and due diligence to ensure the portfolio continues to meet the relevant investment for which the portfolio was originally designed, making changes as needed. AMP accounts can include many combinations of securities and strategies. As such, it is important for each client to discuss with his or her advisor the specific risks associated with the account holdings and/or strategy to ensure the client understands each asset and/or technique used to manage the account. Please review the section below labeled “WorldMAP-Related Fees and Conflicts of Interest” for important additional information relevant to any consideration of whether to participate in the AMP program. WorldMAP Cota Street Models For the Cota Street Models, the WIA Investment Team analyzes securities and then selects and allocates those securities that the team believes to be the best choices to achieve each model’s objectives within its constraints. These models are made available to the entire network of WIA advisors, but there is no obligation for any advisor to use the models. The models are monitored and reviewed regularly by the team to ensure they continue to meet the investment standards, objectives and constraints for which they were originally selected and allocated. The team will make changes to the models as necessary. Please review the section below labeled “WorldMAP-Related Fees and Conflicts of Interest” for important additional information relevant to any consideration of whether to participate in a Cota Street Model. WorldMAP Third-Party Manager Models The WIA Investment Team also analyzes Third-Party Manager Models available on the VAS platform and selects certain of those models to be made available to WIA clients. These are made available to the entire network of WIA advisors, but there is no obligation for any advisor to use the models. These models are available for all WIA advisors and WIA clients, subject to client suitability and investment objectives. After the initial approval of the models, the Investment Team performs ongoing monitoring and due diligence of these models to ensure they continue to meet their investment standards and adhere to the investment philosophy and process for which they were originally selected. If a particular Third-Party Manager Model materially deviates from its stated objectives and/or constraints, and/or performance or 7  risk is materially different from the WIA Investment Team’s expectations for the model, the Investment Team may decide to remove the model from the WorldMAP Model Program. Additionally, the Investment Team may remove a Third-Party Manager Model for any reason at any time without advance notice. The Investment Team will provide recommendation(s) for replacement of those models the WIA Investment Team removes from the WorldMAP Model Program. It is possible that a client’s account will be adversely affected if this should happen, as WIA would no longer follow the trading activity of the portfolio manager. In those instances, clients have the option to have their account invested in a new model, or clients may elect to hold one or more securities that were dictated by the discontinued model while not continuing to follow the model in its entirety. In these scenarios, clients should discuss all alternatives with their advisor. Please review the section below labeled “WorldMAP-Related Fees and Conflicts of Interest” for important additional information relevant to any consideration of whether to participate in a Third-Party Manager Model. WorldMAP Tax-Managed Overlay (TMO) WorldMAP Tax-Managed Overlay (TMO) is available via the VAS platform for clients seeking potential benefits from active tax management of their non-qualified accounts. TMO is a service by which the client’s portfolio is actively managed to generate capital losses to help offset capital gains generated in the subscribing account throughout the tax year. TMO also includes tax transition services for assets being transferred into the account. The tax transition service helps to move client assets from another model or strategy into the WorldMAP model in a tax-efficient manner based on each client's individual tax situation. TMO is optional to clients and available for an additional fee (TMO Fee), over and above the Program Fee. Please review the section below labeled “WorldMAP-Related Fees and Conflicts of Interest” for important additional information relevant to any consideration of whether to participate in the TMO program. WorldMAP (Cota Street Direct Indexing) WorldMAP Cota Street Direct Indexing (CSDI) is available to clients seeking potential benefits from active tax management and/or personalization of their non-tax-qualified accounts. CSDI is an investment service in which the investment manager buys and sells securities to replicate the performance and risk characteristics of a specified equity index, while simultaneously harvesting securities to create capital losses to help offset capital gains generated in the client account. To participate in CSDI enrollment, TMO is also required for the entire subscribing client account. CSDI is optional to clients and is available for a fee (CSDI Fee) that is in addition to the Program Fee and TMO Fee, both of which are described above. Please review the section below labeled “WorldMAP-Related Fees and Conflicts of Interest” for important additional information relevant to any consideration of whether to participate in the CSDI program. WorldMAP-Related Fees and Conflicts of Interest Program Fee. WIA charges a Program Fee on all accounts managed in the WorldMAP program (“Program Fee”). From the Program Fee, WIA pays a variety of types of fees to VAS, such as asset-based fees for access to technology, model trading services, back-office services such as account setup and maintenance, and fees for other services provided under WIA’s agreements with Vestmark and VAS. However, the fees payable to Vestmark and VAS will be less than the Program Fee, meaning that a portion of the Program Fee will be retained by WIA. This creates an incentive for WIA to recommend participation in the WorldMAP program, which presents a conflict of interest. This conflict of interest is mitigated through disclosure to clients and by assuring that all client recommendations are made in the client’s best interest, considering all relevant factors, including fees. 8  The way in which WIA compensates our advisors represents an additional conflict of interests with respect to possible recommendations to participate in the WorldMAP program. Specifically, our advisors typically receive a portion of the investment advisory fees WIA receives for management of our clients’ accounts. But an amount equal to the Program Fee will be deducted from the advisory fee prior to calculating the portion of the fee that the advisor would otherwise receive. That means that an advisor has a disincentive to recommend participation in the WorldMAP Program because he or she will receive less compensation for participating accounts. Additionally, if the advisor does recommend the WorldMAP program to a client, he or she has an incentive to raise the client’s investment advisory fee for that client by the amount of the Program Fee, so that the net compensation to the advisor is equal or approximately equal to that which the adviser receives for both WorldMAP and non-WorldMAP clients. In other words, some advisors will pass on to their client the cost of participating in the program. In some cases, advisors will incur other administrative or other expenses for clients participating in the WorldMAP programs. These expenses will sometimes be passed on to the client in the form of increased investment advisory fees. This will vary from one advisor to the next. The conflicts of interest discussed above are mitigated through disclosure to clients and by assuring that all client recommendations are made in the client’s best interest, considering all relevant factors, including fees. WIA anticipates that many advisors will, in fact, charge a higher advisory fee for WorldMAP- participating clients than for non-WorldMAP participating clients and recognizes that would be appropriate in many circumstances. Clients should discuss with their adviser the amount of fees incurred in connection with participating in WorldMAP, whether the costs of participating in the program are being passed on to clients, and whether the client’s advisory fee is reasonable in relation to the benefits provided by participating in a WorldMAP model. Strategy Fee. Clients will pay an additional Strategy Fee for some but not all model portfolios or strategies. Unlike the Program Fee, which is paid out of the advisory fee the client is charged, the Strategy Fees is charged in addition to the client’s advisory fee. The Strategy Fee is paid to Vestmark who, in turn, pays the fee to the relevant strategist or third-party manager. The amount of the Strategy Fee varies depending on the strategy. Strategy fees for approved managers will be published as “Guide to Fees” on a regular basis to https://worldadvisors.com/important-disclosures. In the case of Cota Street Model Portfolios, the Strategy Fee is paid to Cota Street. This creates a conflict of interest in the form of an economic incentive for WIA and its advisors to recommend Cota Street strategies or models. This conflict of interest is mitigated through disclosure to clients and by assuring that all client recommendations are made in the client’s best interest, considering all relevant factors, including fees. In the case of advisor created model portfolios, the Strategy Fee is paid to the advisor. This creates a conflict of interest in the form of an economic incentive for WIA advisors to recommend their own strategies or models. This conflict of interest is mitigated through disclosure to clients and by assuring that all client recommendations are made in the client’s best interest, considering all relevant factors, including fees. Tax Management Fee (TMO). The TMO Fee is charged to the subscribing client account by WIA. Unlike the Program Fee, which is paid out of the advisory fee the client is charged, the TMO Fee is charged in addition to the client’s advisory fee. WIA pays a variety of types of fees to VAS in connection with accounts that subscribe to TMO, but WIA retains a portion of the TMO Fee. This creates a conflict of interest because it incentivizes WIA and its advisors to recommend the TMO service to clients for their eligible accounts. WIA 9  mitigates this conflict of interest through disclosure and by assuring that all investment recommendations are made in the client’s best interest. The Tax Management fee will be published within the “Guide to Fees” on a regular basis to https://worldadvisors.com/important-disclosures. Direct Indexing Fee (CSDI Fee). The CSDI Fee is charged to the subscribing client account by WIA. Unlike the Program Fee, which is paid out of the advisory fee the client is charged, the CSDI Fee is charged in addition to the client’s advisory fee. WIA pays a variety of types of fees to VAS in connection with accounts that subscribe to CSDI, but WIA retains a portion of the CSDI Fee. This creates a conflict of interest because it incentivizes WIA and its advisors to recommend the CSDI service to clients for their eligible accounts. WIA mitigates this conflict of interest through disclosure and by assuring that all investment recommendations are made in the client’s best interest. The Direct Indexing fee will be published within the “Guide to Fees” on a regular basis to https://worldadvisors.com/important-disclosures. Item 7 – Performance-Based Fees and Side-By-Side Management WIA does not charge any performance-based fees (fees based on a share of capital gains on or capital appreciation of the assets of a client). Item 8 – Types of Clients WIA provides advisory services to Individuals and Retirement Plans including, 401(k) Plans, 403(b) Plans, pensions and profit-sharing plans, non-qualified plans, foundations, endowments, corporations, or other businesses not listed above. For Wealth Clients, Adviser generally does not require a minimum account size but may impose a minimum annual consulting fee. Certain third-party money managers may require a higher minimum account size as disclosed in the individual manager’s Firm Brochure. Under certain circumstances, the minimum may be waived, including related accounts that may be combined to meet the minimum if the services involved may otherwise be provided. Item 9 – Methods of Analysis, Investment Strategies and Risk of Loss WIA’s investment strategy begins with an understanding of a client’s financial goals. Advisors use demographic and financial information provided by the client to assess the client’s risk profile and investment objectives in determining an appropriate plan for the client’s assets. Investment strategies ordinarily include long- or short-term purchases of stock portfolios, mutual funds, fixed income securities and third-party money managers, if appropriate. Should the client’s risk profile and/or objectives change during the advisory relationship, the client must notify the advisor accordingly. Investment recommendations are based on an analysis of the client’s individual needs and are drawn from research and analysis. Security analysis methods may include the following: • • Fundamental analysis: WIA attempts to measure the intrinsic value of a security by looking at economic and financial factors to determine if the company is underpriced or overpriced. Fundamental analysis does not attempt to anticipate market movements. This presents a potential risk, as the price of a security can move up or down along with the overall market regardless of the economic and financial factors considered in evaluating the stock. Technical analysis and charting: WIA attempts to determine the trend of a security by studying past market data, including price and volume. This presents a potential risk, as the price of a security can change direction at any time and past performance is not a guarantee of future performance. 10  • Cyclical analysis: WIA attempts to identify the industry cycle of a company to determine whether the company is in a market introduction phase, growth phase or maturity phase. Generally projected revenues, growth potential and business risk may fluctuate based on the company’s cycle stage. Information for this analysis may be drawn from financial newspapers, websites, and magazines, research materials prepared by others, annual reports, corporate filings, prospectuses, company press releases, and/or corporate ratings services. It is important to note that investing in securities involves a risk that clients should be prepared to bear. For any risks associated with Investment Company products, please refer to the prospectuses for additional details about these risks. WIA’s investment approach constantly keeps the risk of loss in mind. These risks include, but are not limited to: • Interest-rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. • • Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security’s particular underlying circumstances. For example, political, economic, and social conditions may trigger market events. Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation. • Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e., interest rate). This primarily relates to fixed income securities. • • • Business Risk: These risks are associated with a particular industry or a particular company within an industry. For example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like. Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not. Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value. Item 10 – Disciplinary Information Registered investment Advisers are required to disclose all material facts regarding any legal or disciplinary events that would be material to an evaluation of WIA or the integrity of WIA’s management. WIA has no information applicable to this Item. Item 11 – Other Financial Industry Activities and Affiliations WIA is a wholly owned subsidiary of WIA Holdings, LLC. Under the common control of WIA Holdings, LLC, WIA is affiliated with Goldman Sachs & Co., LLC, a FINRA broker-dealer (Member SIPC) and SEC Registered Investment Adviser, Pensionmark Securities, LLC (“PSC”) and World Investments, Inc., FINRA broker 11  dealers (Members SIPC), World Advisory Services, Wealth Advisory Group, Inc., and Financial Planning Concepts of America, Inc., all SEC Registered Investment Advisers. WIA is also affiliated with World Insurance Associates, LLC, Scotts American, LLC, Keating, LLC, ESA Associates, LLC, FastComp, LLC, Hamond Safety Management, LLC, Pacific Coast NCA Premium Finance, LLC, and World Insurance Programs, LLC, all insurance agencies engaging in Life, Health, Long Term Care, Variable, and various other Insurance business. Recommendations for Goldman Sachs investment products are limited to a small subset of products approved by WIA. No incentives are provided to WIA or WIA Investment Advisor Representatives to recommend Goldman Sachs products over other investment products. WIA is also affiliated with other financial services companies, but does not have any shared business dealings, operations, referral programs, clients, representatives, or premises with these other companies, and has no reason to believe the firm’s relationship with them otherwise creates a conflict of interest with WIA clients. A full list of WIA’s affiliates will be provided upon request. Investment Adviser Representatives (“IARs”) of WIA may effect securities transactions for Clients as registered representatives of Pensionmark Securities, LLC (“PSC”), St. Bernard Securities, LLC (“St. Bernard”), or World Investments, Inc. (“WII”), all FINRA broker-dealers. WIA is affiliated with PSC and WII through the common control and ownership by WIA Holdings, LLC. WIA has no affiliation with St. Bernard. Advisors that are registered representatives of these firms may recommend either of the two firms with whom they are registered for broker-dealers services. Factors for such a recommendation may be when transaction compensation is seen as a benefit to the client. For broker-dealer services, PSC, St. Bernard, WII, or their associated persons may receive compensation, which is separate and distinct from compensation related to investment advisory services. Commissions paid to advisors for broker-dealer services may be higher or lower than those paid by other brokers. All FINRA, SEC, and other regulatory agencies disclosure requirements and policies are observed for all transactions. If a trade error were to occur, it may result in profit or loss to the firm. The firm has controls in place to limit such trade errors. Investment Advisers will not participate in any profits resulting from such errors. One WIA Advisor is also registered as an Advisor with Icon Wealth Partners, LLC. (“IWP”). This Advisor utilizes IWP for their individual wealth clients, and only utilizes WIA for their Retirement plan business. Some Investment Adviser Representatives (“IARs”) of WIA may also be registered as IARs of Acrisure Investment Advisory Solutions, LLC (“Acrisure”). However, these IARs do not effect any transactions through Acrisure. One WIA Advisor is also registered as an Advisor with Nexus338, an advisory firm providing technology-based retirement plan managed account services to non-WIA clients. WIA is not affiliated with IWP, Acrisure, or Nexus338. Investment Adviser Representatives (“IARs”) of the Adviser may also be licensed as insurance agents with Pensionmark Securities, LLC, an insurance agency engaging in Variable Insurance business. Limited nonvariable products may also be offered through the insurance agency. Individuals may also write Insurance business through Pensionmark Partners Insurance Services, LLC (“PPIS”) as independent insurance agents. PPIS is affiliated with WIA through common control and ownership. PPIS is an insurance producer group engaging in Life, Health, Long Term Care and Variable Insurance business. Variable insurance products will be offered exclusively through PSC, while nonvariable 12  products will be offered directly with an insurance carrier through the producer group contracts. Compensation will be paid directly by these entities. Individuals licensed as Registered Representatives or Insurance Agents may spend as much as 50% of their time on these non-advisory activities. When a client’s Advisor is acting in their capacities as registered representatives or independent insurance agents, clients will be charged separately from their advisory services. Clients have the option to purchase investment products that we recommend through other brokers or agents that are not affiliated with WIA. Item 12 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading WIA has adopted a Code of Ethics for all supervised persons of the firm describing its high standard of business conduct, and fiduciary duty to its clients. The Code of Ethics includes provisions relating to the confidentiality of client information, a prohibition on insider trading, a prohibition of rumor mongering, restrictions on the acceptance of significant gifts and the reporting of certain gifts and business entertainment items, and personal securities trading procedures, among other things. All supervised persons at WIA must acknowledge the terms of the Code of Ethics annually, or as amended. Advisors of WIA may buy or sell securities that are recommended to clients. WIA’s employees and persons associated with WIA are required to follow the Code of Ethics. Subject to satisfying this policy and applicable laws, officers, directors and employees of WIA and its affiliates may trade for their own accounts in securities which are recommended to and/or purchased for WIA’s clients. The Code of Ethics is designed to assure that the personal securities transactions, activities and interests of the employees of WIA will not interfere with (i) making decisions in the best interest of advisory clients and (ii) implementing such decisions while, at the same time, allowing employees to invest for their own accounts. Under the Code, certain classes of securities have been designated as exempt transactions, based upon a determination that these would not materially interfere with the best interest of WIA’s clients. In addition, the Code requires pre-approval of many transactions and restricts trading in close proximity to client trading activity. Nonetheless, because the Code of Ethics in some circumstances would permit employees to invest in the same securities as clients, there is a possibility that employees might benefit from market activity by a client. Employee trading is continually monitored under the Code of Ethics to reasonably prevent conflicts of interest between WIA and its clients. Advisors may recommend and trade in the same securities with clients and/or related accounts at or about the same time. Generally, this would pose a conflict if the Advisor or related account were given a better price than the client. To mitigate this conflict, it is procedure to not trade an Advisors account or related persons account on the same day as a client unless the client gets the better price. Trades may be done on an aggregated basis when consistent with WIA's obligation of best execution. In such circumstances, the Advisor (or related account) and client accounts will share commission costs equally and receive securities at a total average price. WIA will retain records of the trade order (specifying each participating account) and its allocation, which will be completed prior to the entry of the aggregated order. Completed orders will be allocated as specified in the initial trade order. Partially filled orders will be allocated on a pro rata basis. Any exceptions will be explained on the order. WIA’s clients or prospective clients may request a copy of the firm's Code of Ethics by contacting WIA at (888) 201-5488 or by sending an email to compliance@worldadvisors.com. 13  Item 13 – Brokerage Practices WIA generally recommends that clients establish brokerage accounts with Charles Schwab & Co., Fidelity Institutional Wealth Services, or Pershing Advisory Services (“Schwab”, “Fidelity”, “Pershing”, or collectively, “the Custodian(s)”), FINRA registered broker-dealers, members SIPC, to maintain custody of clients’ assets and to effect trades for their accounts. In some instances, WIA may recommend clients establish brokerage accounts with other custodians. We recommend the services of the Custodian based on several factors including financial strength, reputation, execution, pricing, responsiveness, fees, research, and other services. Although WIA may recommend that clients establish accounts at the Custodian, it is the client’s decision to custody assets with the Custodian. WIA does not direct brokerage to a particular venue for execution, but rather relies on the Custodian (with the exception of bond trades that may be directed to a third party available to WIA through the Custodians’ Platforms). Fees and commissions charged by the Custodian may be higher or lower than obtainable elsewhere. Circumstances occasionally arise when the Custodian must impose a separate or special handling or custodial charge for acting as custodian for an exempt security or private placement that was recommended by WIA to a WIA Advisory Client. On a case-by-case basis, WIA may cover the cost of this type of fee on a “value-added” basis by having the fee directly billed to WIA rather than the Client or by reimbursing the Client. WIA is independently owned and operated and not affiliated with any Custodian. Custodians may make products and services available to WIA that benefit WIA but may not directly benefit its clients’ accounts. Many of these products and services are used to service all or a substantial number of WIA accounts. Some of these products and services provided include software and other technology that provides access to client account data (such as trade confirmations and account statements); provides research, pricing, and other market data; facilitates payment of fees from clients’ accounts; and assists with back-office functions, recordkeeping, and client reporting. WIA clients can benefit when trades are aggregated to obtain volume discounts on execution costs. Trade aggregation refers to the practice of combining orders for execution. When consistent with WIA’s duty to obtain best execution, multiple client transactions will be aggregated into a single order to obtain the best price for clients. In such circumstances, the accounts will share commission costs equally and receive securities at a total average price. WIA will retain records of the trade order (specifying each participating account) and its allocation, which will be completed prior to the entry of the aggregated order. Completed orders will be allocated as specified in the initial trade order. Partially filled orders will be allocated on a pro rata basis. Any exceptions will be explained on the order. Trade aggregation will typically be done at the branch level. For third party money managers WIA recommends, WIA does not direct brokerage in these accounts. Brokerage practices of separately managed accounts are disclosed separately in their Brochure(s). Item 14 – Review of Accounts Accounts are assigned to IARs who are responsible for performing periodic reviews and consulting with the respective client. Accounts are reviewed no less than annually by the Advisor. Factors that are considered during such reviews include, but are not limited to, the following: investment objectives, targeted allocation, current allocation, suitability, performance, monthly distributions, concentrated positions, diversification, and outside holdings. Examples of situations that may impact Client’s account would be the following: performance that is not in line with the client’s “downside risk tolerance,” change 14  in investment objective, the client making a significant addition or withdrawal of capital from the account, rebalancing of the portfolio if current allocation and targeted allocation are not consistent, concentrated position(s) that could lead to volatility, etc. Accounts may also be subject to a secondary review by a designated supervisor. Such supervisory reviews will be done on a periodic basis. The supervisor will oversee the selected accounts for the same triggering factors as mentioned above. Advisor has the ability to provide performance reports for assets under advisement through the Envestnet and Tamarac data aggregation and portfolio reporting tools. For data aggregation purposes, these reports may include information for assets managed by the Adviser for both commissionable and fee-based accounts. The client agrees to inform the firm in writing of any material changes to the information included in the Client Profile or any other change in the client’s financial circumstances that might affect the manner in which the client’s assets should be invested. Clients may contact the firm during normal business hours to consult with the firm concerning the management of the client’s account(s). Item 15 – Client Referrals and Other Compensation WIA, in some instances, may compensate third-party promoters for Client referrals. For a promoter to be compensated by WIA for referring a Client to WIA, the promoter must be engaged by WIA under a Promoter or Referral Agreement (“Agreement”) in compliance with Section 206(4)-1 of the Investment Advisers Act of 1940. In general, a promoter is compensated by a percentage of the advisory fee collected for a limited period specified in the Agreement. The Client pays no additional fee for the referral over and above WIA’s quoted advisory fee; on the contrary, the fee the Adviser earns is reduced by the amount of the compensation to the promoter. A Client who is referred by a promoter will receive the promoter’s separate Disclosure Statement describing the nature of the arrangement in detail. Clients may request details regarding a particular Agreement by contacting us toll-free at (888) 679-6067 or by emailing compliance@worldadvisors.com. Certain mutual fund companies, recordkeepers, or other third parties (“Third Parties”) will periodically sponsor educational seminars for participating financial advisors designed to facilitate and promote professional development and product knowledge. To encourage participation, Third Parties will cover travel-related expenses for certain advisors to attend these meetings. Such expense reimbursements are only permissible by WIA when pre-approved, and after review of the agenda and estimated costs. WIA will not approve expense reimbursements by the Third Parties for travel unless the travel expenses appear reasonable and customary; lavish expenses will not be approved. WIA Advisors do not base recommendations on the expectation of such conference and travel. In addition, WIA or its Advisors may host events where Third Parties “sponsor” a specific portion of the event, e.g., the cost of a dinner. WIA Advisors do not base recommendations on the expectation of such event sponsorship. Item 16 – Custody WIA is deemed to have custody of client funds because investment advisory fees are directly debited from some Client accounts. Debiting of fees is done pursuant to authorization provided by the Client. Clients should receive statements at least quarterly from the selected qualified Custodian that holds and maintains client’s investment assets. WIA urges clients to carefully review such statements and compare the official custodial records to the account statements that WIA may provide. WIA’s statements may vary 15  from custodial statements based on accounting procedures, reporting dates, or valuation methodologies of certain securities. WIA is also deemed to have custody of client assets as a result of certain Clients’ authorization for WIA and/or its IARs to distribute assets from their account(s) to a specific named recipient on demand in accordance with a standing letter of instruction. WIA intends to comply with the SEC No-Action Letter dated 2/21/2017 (Investment Adviser Association) allowing firms complying with the provisions of the NoAction Letter to forego an annual surprise custody examination with respect to those assets. Item 17 – Investment Discretion WIA typically acts in a discretionary capacity for its Wealth Clients but may act in a non-discretionary capacity. Discretionary authority provides the WIA Advisor with the authority to determine, without obtaining specific Client consent, both the securities to be bought and sold in their accounts as well as the dollar amount/quantity of securities to be bought and sold. If discretionary authority is granted to select the identity and amount of securities to be bought or sold, clients must authorize such discretion in writing in the advisory agreement. In all cases, such discretion is to be exercised in a manner consistent with the stated investment objectives for the particular client account. When selecting securities and determining amounts, WIA observes the investment policies, limitations, and restrictions of the clients for which it advises. Investment guidelines and restrictions must be provided to WIA in writing. WIA may recommend third-party money managers. When acting in a discretionary capacity, the firm can evaluate managers and may switch money managers or reallocate assets among managers without consulting the client. When acting in a non-discretionary capacity, the Advisor will make recommendations, but only the client has the authority to hire or switch money managers or reallocate assets between programs. In all cases, the Advisor will monitor the performance of the third-party money manager and will make recommendations consistent with the client’s investment objectives and risk tolerance. Item 18 – Voting Client Securities As a matter of firm policy and practice, WIA does not vote proxies on behalf of WIA Wealth advisory clients. Clients retain the responsibility for receiving and voting proxies for all securities maintained in client portfolios. Clients should contact their financial advisor if they have any questions and/or to obtain this information. Clients will receive their proxies directly from their custodian or transfer agent. Clients can authorize third-party investment managers to vote proxy requests on their behalf in their client agreements. Please refer to the respective investment manager's Form ADV for a full disclosure of its proxy voting policies and procedures. Item 19 – Financial Information Registered Investment Advisers are required to provide certain financial information or disclosures about their financial condition. WIA has no financial commitment that impairs its ability to meet contractual and fiduciary commitments to Clients and has not been the subject of any bankruptcy proceedings. 16  Privacy Policy World Investment Advisors, LLC (“WIA”) recognizes that its Clients have an expectation that WIA and its affiliates will maintain the confidentiality of Clients’ nonpublic personal information. Consequently, WIA has adopted this Privacy Policy concerning information obtained during the servicing of Client’s account(s). Nonpublic Information: Nonpublic information obtained by WIA for purposes of providing services hereunder will not be furnished to third parties for any other purpose other than in furtherance of the services to be provided hereunder. Notwithstanding the foregoing, WIA may disclose nonpublic information (i) to the extent such disclosure is required by court order or by a valid order of a governmental body governmental or quasi-governmental agency (such as FINRA) (ii) after the time of disclosure such information becomes part of the public knowledge or literature, not as a result of any inaction or action of WIA, (iii) reasonably necessary for WIA to enforce its legal rights in any dispute with that Client; or (iv) is approved by Client, in writing, for release. WIA does not disclose nonpublic personal information about its Clients to any party except as permitted by law. Sources of Personal Information: WIA collects Personal Information about its Clients from meetings with Clients and on applications or other forms Clients have submitted to WIA, as well as information about Clients’ investments or transactions with WIA or others (such as third-party service providers or fund companies) from other sources. How WIA Protects the Confidentiality of Clients’ Nonpublic Personal Information: WIA does not sell or trade Clients’ information with nonaffiliated companies. When information is provided to third party service providers, safeguards are in place to assure that information is used only for the purpose it is provided. WIA maintains its records on secured computers. Prospective employees are screened for criminal convictions. Once hired, employees are made aware of WIA’s Privacy Policy and of the confidential nature of the information they handle. Employees are limited to accessing only that customer information that is necessary to perform their job functions. To Whom This Policy Applies: This Notice applies to all WIA Clients who enter into an Advisory Services Agreement or Customer Agreement with WIA. For Former Clients: WIA’s Privacy Policy continues to apply even to Clients that have terminated services with the firm. Internet Cookies: An internet “cookie” is a small amount of data that is placed on to your electronic device by a website and stored in your internet browser. Cookies allow websites to store things like preferences, so that it can recognize users when returning to the site and respond appropriately. When individuals access the worldadvisors.com website, WIA makes use of cookies to improve the load times and functionality of the website, and in some cases registration pages. WIA may from time to time also utilize data tracking software to assist in spotting trends and areas of improvement on the website. By accessing the worldadvisors.com site and embedded web pages, users are providing their express approval allowing WIA to utilize these technologies to improve services provided. WIA may also use various third-party cookies to report usage statistics of the service, or to authenticate users and prevent fraudulent access of user accounts. Access to and Correction of Information: Upon the written request of Clients, WIA will make available for review any file that may be maintained for their personal Information; provided, however, that any Information collected in connection with, or in anticipation of, any claim or legal proceeding will not be 17  made available. If Clients notify WIA that any Information is incorrect, the information will be reviewed. If WIA agrees the information is incorrect, records will be corrected. If WIA disagrees, Clients may submit a short statement of dispute, which will be included in any future disclosure of the disputed Information. Additional California Privacy Disclosures: Please consult the supplemental WIA Privacy Notice for California Residents for additional disclosures pertinent to California residents. Further Information: WIA reserves the right to change this Privacy Policy at any time. The examples contained within this Privacy Policy are illustrations and are not intended to be exclusive. This Policy attempts to comply with federal and state regulations regarding privacy. Clients may have additional rights under other foreign or domestic laws that may apply to them. If the financial advisor servicing a client account leaves WIA to join another firm, the advisor is permitted to retain copies of client information so that he/she can assist with the transfer of the client account and continue to serve the client at their new firm. “Opting Out” of Third-Party Disclosures: If a client does not want a financial advisor to retain copies of client sensitive information when he/she leaves WIA to join another firm, the client may contact the WIA Compliance Department by phone at (888) 201-5488 or by email at compliance@worldadvisors.com to request further information regarding this policy. 18