Mangham Associates, Inc.

Mangham Associates, Inc. is a financial advisory firm founded in 1991 by Joel R. Mangham and registered with the SEC in 1994. The firm specializes in providing investment management services to non-profit organizations, high-net-worth individuals, and families. Mangham offers a range of investment strategies, including long-only equity, fixed income, private equity, real assets, and more. The firm evaluates clients' investment objectives and risk tolerance to develop tailored investment planning strategies, often guided by an Investment Policy Statement. As of December 31, 2022, Mangham had approximately $840,220,000 in assets under management, with both discretionary and non-discretionary management options available. For fees, Mangham charges asset-based fees on a quarterly basis, with a minimum annual fee of $20,000. The fee structure is tiered based on assets under management. The firm may negotiate fees and reserves the right to change fee schedules. Mangham does not charge performance-based fees but may invest in External Managers that do. The firm acts as a fiduciary and does not receive compensation for client referrals. Clients have the option to grant Mangham discretionary authority over their assets, and the firm may recommend brokerage services through Charles Schwab & Co., Inc. Mangham does not vote proxies on behalf of clients but provides input upon request. The firm has not been involved in any material legal or disciplinary events and maintains custody of client assets through its affiliate, MA Investors Management, LLC. Clients receive regular portfolio reviews and performance reports to ensure alignment with their financial goals and risk profiles.