Heritage Wealth Management Group, Ltd. (“HWMG” or “We”) was incorporated in the Commonwealth of Virginia on March 17, 2004. HWMG provides investment advisory services to various categories of institutional and individual clients. Generally, our services are implemented on a discretionary basis, managed by us through separate investments in equities, mutual funds, bonds, cash-equivalents, and other instruments. HWMG will provide investment consulting services that relate to matters such as allocation of assets among different classes, portfolio diversification, managing portfolio risk, and other general economic and financial topics. Account supervision is guided by the stated objectives of the client (i.e., maximum capital appreciation, growth, etc.), detailed in each client’s Investment Policy Statement and all managed accounts are maintained with an independent custodian. Principal Owners: Full Legal Name DE/FE/I Title or Status Date Title or Status Acquired Control Person PR CRD # or SSN Tekamp, Mark, Howard Individual Vice President, Chief Investment Strategist, Financial Advisor 11/2018 Yes N 1056839 Hussey, Kevin, Patrick Individual President & Chief Compliance Officer 01/2024 Yes N 6395126 Bryan, Peter, Humphrey Individual Shareholder 01/2024 Yes N 1052911 Types of Services For the purposes of this document, a client may refer to an individual, a small or large business, or an institution (non-profit or other similar organization). Written Acknowledgement of Fiduciary Status When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. Investment Management Services Our services include a financial planning risk profile, a goals assessment, and an investment policy statement. We offer Financial Planning Services, the details of which are listed below. Business planning, risk analysis and other consulting services may also be offered, possibly at additional cost. Our investment management process begins with the client. We view each client as unique with goals and objectives specific to themselves. Some of the best insights we capture in how to best manage a client’s financial assets flow from their life story, their investment background, their investment decision making process, their sources of information, etc. We start by listening. We also understand that our clients harbor attitudes and beliefs relating to investments and the financial markets that we may not agree with but it is important that we are aware of them because it is the client’s world that we are being asked to enter into rather than their entering into ours. Investment Selection Services Investment Selection may refer to individual investments, a specific portfolio model, selection of individual mutual funds, money managers, or other advisers or sub-advisors. These decisions are guided by a client’s total net worth, a client’s general Investment Policy Statement and specific investment Policy Decisions. We believe we may be entering into an era in which what has worked in the past may not work well in the future. We therefore may seek, from time to time, to broaden the universe of standard equity and fixed income assets to include less

commonly used asset classes including commodities, currencies, real estate and other assets. We adopt a high altitude approach in understanding the macro environment and we believe that this is very important in constructing our client’s investment portfolios. We don’t believe that there are so much good investments and bad ones, but rather that there are economic environments which are conducive to the employment of certain assets and that if we understand the environment, it improves the likelihood that what we are doing will work well. We acknowledge that the client’s portfolio return is ultimately dependent upon various markets and the returns of those markets are what they are. Every single expense involved in creating those returns is a reduction in the client’s rate of return. The cost of investing needs to be minimized if our client’s returns are to be maximized. Our advisory fees need to appropriately compensate us for the value which we create but we strive to minimize any other expense to the maximum extent possible. Financial Planning Services HWMG provides financial planning services in addition to investment management. Provided services may include, but are not limited to, investment planning, retirement planning, financial planning, personal tax planning, trust & estate planning, insurance planning, debt analysis, divorce planning, college planning, compensation and benefits planning, tax planning, and the preparation of financial analyses and personal financial statements reflecting net worth, cash flow planning and income tax projections, business planning, and risk analysis. We may refer client to third party vendors for more specialized consulting services who may charge fees which are outside of HWMG’s purview. HWMG may collect additional pertinent data from the clients through personal interviews and written questionnaires. A written summary of this data may be provided to the clients, upon request, highlighting specific preliminary recommendations regarding their individual needs. Financial planning services are included as part of our Advisory services for clients who sign an investment management agreement and place assets under HWMG’s management. For clients who only want a financial plan, fees for Financial Planning Services may range from $800 to upwards of $5,000 per plan/year, or more. The fixed fee will be negotiated with the client prior to performing any service. Such fees shall be collected as follows: ½ of the fee will be due and payable, when the financial planning contract is executed. The other ½ of the fee will be collected when the financial plan is completed and delivered. Fees for Financial Planning Services may be waived should the financial planning client choose to retain HWMG for ongoing Investment Management services. A client may cancel the financial planning agreement and receive a full refund if HWMG is notified within five business days after signing an agreement. If cancellation occurs thereafter, the client is responsible only for expenses incurred to that point. In such an event, an itemized invoice will be provided documenting the expenses that have been incurred. Financial Education Services At HWMG, we believe that a well-educated, financially literate, and well-informed client is not only in our best interest, but also in the best interest of each client as well. It is to this end that we may occasionally host seminars. From time to time we may also provide, through our Website, LinkedIn and Facebook pages, additional materials such as basic financial education pieces, market commentaries, articles of general interest related to our firm, and links to other publicly available articles and industry sources. Wrap Fee Programs HWMG does not currently provide portfolio management services for, or participate in, any Wrap Fee type programs of any kind. Managed Client Assets Asset Under Management Number of Accounts Calculation Date Discretionary Assets: $ 137,526,477 513 31 December 2023 Non-Discretionary Assets: $ 19,172,554 24 31 December 2023 Total Assets: $ 156,699,031 537 31 December 2023