Aspiration Fund Adviser, LLC

Aspiration Fund Adviser, LLC is an investment adviser registered with the SEC, founded in October 2013 and headquartered in Marina del Rey, California. The firm serves as the investment adviser to the Aspiration Redwood Fund, a mutual fund, and delegates certain advisory duties to UBS Asset Management. Aspiration does not charge a fee to manage the Fund but allows investors to pay what they believe is fair. The firm does not provide personalized investment advice to individual clients but offers administrative services for Fund shares. Aspiration does not collect advisory fees currently. The firm had $147,009,436 of discretionary assets under management as of December 31, 2023. Aspiration does not charge a set fee for client accounts; instead, clients can pay based on the amount invested in the Fund. The firm does not accept compensation for the sale of securities. Aspiration does not charge performance-based fees and does not participate in wrap fee programs. The investment strategy of the Redwood Fund focuses on maximizing total return through equity securities, including sustainability factors. Aspiration does not provide ongoing monitoring of individual client accounts. The firm has no disciplinary events to report and does not have custody of client assets. Aspiration does not provide custodial services to clients and does not have discretionary authority to manage securities for individual clients.