Item 2 Educational, Background and Business Experience

Full Legal Name: David Douglas Close

Born: 1957

Education:

• Loyola University of Chicago; B.B.A., Public Accounting; 1981.

Business Experience:

• Gryphon Advisors, LLC; President, Managing Member; from 08/2006 to Present.
• Close and Associates, LLC; Managing Member; from 01/1985 to Present.
• Takaki Close and Associates, LTD.; President; from 04/1993 to 08/2006.

Designations:

• Certified Financial Planner; CFP Board; 1993. The program is administered by the Certified Financial Planner Board of Standards, Inc. Those with the CFP® designation have demonstrated competency in all areas of finance related to financial planning. Candidates complete studies on over 100 topics, including stocks, bonds, taxes, insurance, retirement planning and estate planning. In addition to passing the CFP certification exam, candidates must also complete qualifying work experience and agree to adhere to the CFP Board’s code of ethics and professional responsibility and financial planning standards. For more information on the CFP® designation, please visit http://www.cfp.net/certificants/ADVexplanation.asp
• Certified Public Accountant (CPA); Illinois Board of Examiners; 1982. CPAs are licensed and regulated by their state boards of accountancy. While state laws and regulations vary, the education, experience and testing requirements for licensure as a CPA generally include minimum college education (typically 150 credit hours with at least a baccalaureate degree and a concentration in accounting), minimum experience levels (most states require at least one year of experience providing services that involve the use of accounting, attest, compilation, management advisory, financial advisory, tax or consulting skills, all of which must be achieved under the supervision of or verification by a CPA), and successful passage of the Uniform CPA Examination. In order to maintain a CPA license, states generally require the completion of 40 hours of continuing professional education (CPE) each year (or 80 hours over a two year period or 120 hours over a three year period). For more information about the CPA designation please visit https://www.aicpa.org/becomeacpa/licensure.html

Item 3 Disciplinary Information

Disciplinary History:

• D. Douglas Close has no reportable disciplinary history.

Item 4 Other Business Activities

Investment-Related Activities:

• D. Douglas Close is not engaged in any other investment-related activities.
• D. Douglas Close does not receive commissions, bonuses or other compensation on the sale of securities or other investment products.

Non Investment-Related Activities:

• D. Douglas Close is the owner and managing member of Close & Associates, LLC (“C&A”). C&A is an accounting firm that provides tax preparation services for some Gryphon clients.

Item 5 Additional Compensation

• D. Douglas Close does not receive any economic benefit from a non-advisory client for the provision of advisory services.

Item 2 Educational, Background and Business Experience

Full Legal Name: Anthony John Sapienza
Born: 1979
Education:

• University of Wisconsin; B.B.A., Finance; 2002.

Business Experience:

• Gryphon Advisors, LLC, Principal, from 01/2021 to Present
• Gryphon Advisors, LLC; Manager; from 08/2006 to 12/2020.
• Takaki Close and Associates, LTD.; Manager; from 02/2004 to 08/2006.
• Harris Bank and Trust; Associate Underwriter; from 04/2003 to 10/2003.

Designations:

• Certified Financial Planner; Financial Planning Association; 2007. The program is administered by the Certified Financial Planner Board of Standards, Inc. Those with the CFP® designation have demonstrated competency in all areas of finance related to financial planning. Candidates complete studies on over 100 topics, including stocks, bonds, taxes, insurance, retirement planning and estate planning. In addition to passing the CFP certification exam, candidates must also complete qualifying work experience and agree to adhere to the CFP Board’s code of ethics and professional responsibility and financial planning standards.

Item 3 Disciplinary Information

Disciplinary History:

• Anthony John Sapienza has no reportable disciplinary history.

Item 4 Other Business Activities

Investment-Related Activities:

• Anthony John Sapienza is not engaged in any other investment-related activities.
• Anthony John Sapienza does not receive commissions, bonuses or other compensation on the sale of securities or other investment products.

Non Investment-Related Activities:

• Anthony John Sapienza is not engaged in any other business or occupation that provides substantial compensation or involves a substantial amount of his or her time.

Item 5 Additional Compensation

• Anthony John Sapienza does not receive any economic benefit from a non-advisory client for the provision of advisory services.

Item 6 Supervision

Supervisor: D. Douglas Close, President and CCO
Phone Number: 847-424-0465

Item 2 Educational, Background and Business Experience

Full Legal Name: John Patrick Swee

Born: 1985

Education:

• Northwestern University; B.A., Economics & English Literature; 2008.

Business Experience:

• Gryphon Advisors, LLC, Principal, from 01/2021 to Present.
• Gryphon Advisors, LLC; Manager; from 10/2008 to 12/2020.

Designations:

• Certified Financial Planner; Financial Planning Association; 2012. The program is administered by the Certified Financial Planner Board of Standards, Inc. Those with the CFP® designation have demonstrated competency in all areas of finance related to financial planning. Candidates complete studies on over 100 topics, including stocks, bonds, taxes, insurance, retirement planning and estate planning. In addition to passing the CFP certification exam, candidates must also complete qualifying work experience and agree to adhere to the CFP Board’s code of ethics and professional responsibility and financial planning standards.

Item 3 Disciplinary Information

Disciplinary History:

• John Patrick Swee has no reportable disciplinary history.

Item 4 Other Business Activities

Investment-Related Activities:

• John Patrick Swee is not engaged in any other investment-related activities.
• John Patrick Swee does not receive commissions, bonuses or other compensation on the sale of securities or other investment products.

Non Investment-Related Activities:

• John Patrick Swee is not engaged in any other business or occupation that provides substantial compensation or involves a substantial amount of his or her time.

Item 5 Additional Compensation

• John Patrick Swee does not receive any economic benefit from a non-advisory client for the provision of advisory services.

Item 6 Supervision

Supervisor: D. Douglas Close, President and CCO
Phone Number: 847-424-0465