Our Firm’s History Heaton Adams Financial Services, LC was formed in 2001 by Robert M. Heaton to provide clients of Heaton Adams & Co., a Professional Corporation of Certified Public Accountants, with a choice for competent, independent and knowledgeable investment advice. July 1, 2014, Heaton Adams Financial Services, LC became The Heaton Hoppes Group, LLC and began doing business as Cedar Valley Wealth Advisors. The Registered Investment Advisor firm located in Waterloo was also moved to 411 Viking Road, Suite A, Cedar Falls, IA 50613. Our Firm’s Principal Owners Karla R. Hoppes is the Managing Member of Cedar Valley Wealth Advisors and serves as the Chief Compliance Officer. Karla R. Hoppes has been a CERTIFIED FINANCIAL PLANNER ™ since 2017 and has worked in the financial services industry since 1993. We encourage our clients to read Karla R. Hoppes’ Investment Advisor Representative Biography found at the end of this document. Robert M. Heaton, while still a Member, retired as the Managing Member of Cedar Valley Wealth Advisors on January 1, 2023. Robert M. Heaton is the Managing Member of Cedar Valley Tax & Accounting, LLC. As Robert M. Heaton is an owner in both firms and receives remuneration from both firms, we have disclosed details about this conflict of interest and how we address it in Item 10: Other Financial Industry Activities and Affiliations. Advisory Programs (Types of Services) Offered As a Registered Investment Advisor, Cedar Valley Wealth Advisors and our investment professionals act as fiduciaries to our clients and prospective clients, when providing investment advice. Cedar Valley Wealth Advisors and our investment professionals are also fiduciaries under ERISA and the Internal Revenue Code, as applicable, with respect to fiduciary investment advice provided to retirement investors. We offer the following advisory services to clients: Portfolio Management Services We provide Investment Supervisory Services, defined as giving continuous advice to a client or making investments for a client based on the individual needs of the client. Our Cedar Valley Wealth Advisors 5 process for providing this service begins with having personal discussions with a client and their professional advisors. A client’s goals and objectives are established through these discussions. From the client’s goals and objectives, we develop the client’s financial plan and investment policy schedule. We then create and manage the client’s portfolio per their personal financial plan and investment policy schedule. We create client portfolios consisting mainly of mutual funds and individual fixed income vehicles such as bonds and CDs. We primarily recommend mutual funds offered by Dimensional Fund Advisors (DFA). DFA sponsored mutual funds follow a passive asset class investment philosophy with low holdings turnover. We allocate the client's assets among various investments taking into consideration the overall investment and financial plan for the client. To learn more about how we create portfolios and why we use mostly DFA funds, please see Item 8: Methods of Analysis, Investment Strategies, and Risk of Loss. Clients will have the opportunity to place reasonable restrictions on the types of investments which will be made on their behalf. Clients will retain ownership of all investments. We provide Portfolio Management Services to individuals, pension and profit sharing plans, trusts, and businesses. We manage advisory accounts on a discretionary basis. See the table in Item 5: Fees and Compensation for the advisor fee that is applied to client accounts using Portfolio Management Services. Employee Benefit Plan Services We provide Employee Benefit Plan Services to participant-directed employee retirement benefit plans. We analyze the plan's

current investment platform and assist the plan in creating an investment policy schedule defining the types of investments to be offered and the restrictions that may be imposed. We recommend investment options to achieve the plan's objectives, provide participant education meetings, and monitor the performance of the plan's investment offerings. See the table in Item 5: Fees and Compensation for the advisor fee for Employee Benefit Plan Services. Financial Planning Financial planning is a core component of the services we provide to our Portfolio Management clients. We do not offer this service as a stand-alone service. Steps we may take with our Portfolio Management clients in the Financial Planning process include the following as appropriate: Cedar Valley Wealth Advisors 6 1. Understanding the Client’s Personal and Financial Circumstances – We will use forms and discussions to gather the appropriate data from our clients. 2. Identifying and Selecting Goals – Clients identify their goals, and we help to identify reasonable assumptions and estimates associated with their goals. 3. Analyze the Client’s Current Course of Action and Potential Alternative Courses of Action - Using the data provided by our clients, we will identify existing or potential problems. 4. Develop Financial Planning Recommendation(s) – We will develop a course of action, and possibly alternative courses, to help our client meet their financial goals. 5. Present the Financial Planning Recommendation(s) – We will discuss our recommendation(s) with our client. 6. Implement the Financial Planning Recommendations – We will make the appropriate changes to our clients’ portfolios and coordinate necessary activities with our clients and their other advisors. 7. Monitor the Progress and Update Financial Planning Recommendations – We will monitor our clients’ investments that we manage, changes in tax laws, and the general economic environment. Retirement Account Portfolio Management – IRA Fiduciary Advisors Services For our clients who are not in need of financial planning and are only needing Investment Supervisory Services for their retirement type accounts (IRAs and Roth IRAs), we offer our IRA Fiduciary Advisors level of service. Our process for providing this service begins with having personal discussions with a client. A client’s age and projected account inflows and outflows as well as the client’s risk tolerance is discovered through these discussions. From this information, we develop the client’s personal asset allocation. We then manage the client’s portfolio per their personal asset allocation. We create diversified client portfolios consisting of a limited number of mutual funds. We will primarily recommend funds of funds offered by Dimensional Fund Advisors (DFA) taking into consideration the personal asset allocation of the client. DFA sponsored mutual funds follow a passive asset class investment philosophy with low holdings turnover. To learn more about how we create portfolios and why we use mostly DFA funds, please see Item 8: Methods of Analysis, Investment Strategies, and Risk of Loss. Clients will retain ownership of all investments. We provide Retirement Account Portfolio Management – IRA Fiduciary Advisors services to individuals. We manage advisory accounts on a discretionary basis. Cedar Valley Wealth Advisors 7 See the table in Item 5: Fees and Compensation for the advisor fee that is applied to client accounts using Retirement Account Portfolio Management – IRA Fiduciary Advisors services. Non-Participation in Wrap Fee Programs Our firm does not participate in any wrap fee programs. Amount of Assets under Management As of December 2023, Cedar Valley Wealth Advisors had $150,105,472 in discretionary assets under management.