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Ridgewood Investments – Form CRS

Ridgewood Investments LLC is registered with the Securities and Exchange Commission as an investment adviser and, as such, we provide advisory services rather than brokerage services. Brokerage and investment advisory services and fees differ and it is important for you, our client, to understand the differences. Additionally, free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing. This document is a summary of the services and fees we offer to “retail” investors, which are natural persons who seek or receive services primarily for personal, family, or household purposes. What investment services and advice can you provide me? We offer the following investment advisory services to retail investors: Financial Planning Services; Portfolio Management Services; Pension Consulting Services; and Selection of Other Advisers. Detailed information regarding our services, fees, and other disclosures can be found in our Form ADV Part 2A Items 4, 7, and 8 Brochure to include the full URL at https://adviserinfo.sec.gov/firm/brochure/121220.

Account Monitoring: If you open an investment account with our firm, as part of our standard service we will monitor your investments on an ongoing basis with regular account reviews conducted at least quarterly.

Investment Authority: We manage investment accounts on a discretionary basis whereby we will decide which investments to buy or sell for your account. We have the discretion to select, retain or replace third-party managers to manage your accounts. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold for your account) by providing our firm with your restrictions and guidelines in writing. For our non-discretionary investment management services, we will provide advice, but you will ultimately decide which investments to buy and sell for your account. You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis.

Investment Offerings: We provide advice on various types of investments. Our services are not limited to a specific type of investment or product. Account Minimums and Requirements: In general, we require a minimum account size of $500,000 to open and maintain an advisory relationship, which may be waived at our discretion.

Key Questions to Ask Your Financial Professional

What fees will I pay? The following summarizes the principal fees and costs associated with engaging our firm for investment advisory services. For detailed information, refer to our Form ADV Part 2A, Items 5 and 6 Brochure to include the full URL at https://adviserinfo.sec.gov/firm/brochure/121220

Examples of the most common other fees and costs applicable to our clients are:

You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.

Key Questions to Ask Your Financial Professional

What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have? When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.

Refer to our Form ADV Part 2A Brochure to include the full URL at https://adviserinfo.sec.gov/firm/brochure/121220 to help you understand what conflicts exist.

Key Questions to Ask Your Financial Professional

How do your financial professionals make money? The financial professionals servicing your account(s) are compensated with salary and bonus. Financial professionals’ compensation is based on the amount of client assets they service and/or the revenue the firm earns from the person’s services or recommendations.

Do you or your financial professionals have a legal or disciplinary history? No, our firm and our financial professionals currently do not have any legal or disciplinary history to disclose. Visit Investor.gov/CRS for a free and simple research tool.

Key Questions to Ask Your Financial Professional

You can find additional information about your investment advisory services and request a copy of the relationship summary at 973-544-6970 or refer to Form ADV Part 2A Brochure to include the full URL at https://adviserinfo.sec.gov/firm/brochure/121220.

Key Questions to Ask Your Financial Professional

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