Quantum Financial Advisors, LLC (“We”, “our firm”, or “Quantum”) is a registered investment advisor dedicated to providing individuals and other types of clients with a wide array of investment advisory and financial planning services. Our firm is a limited liability company formed under the laws of the State of California in 2021 and has been in business as an investment adviser since 2022. Our firm is owned by David DeWolf, John Eing, Elizabeth Greulich, Wende Headley, Darius Gagne, Scott Swanson, and Ryan Balderian who are also licensed investment advisor representatives (“IARs”) of Quantum. The purpose of this Brochure is to disclose the conflicts of interest associated with the investment transactions, compensation and any other matters related to investment decisions made by our firm or its representatives. As a fiduciary, it is our duty to always act in the client’s best interest. This is accomplished in part by knowing our client. Our firm has established a service-oriented advisory practice with open lines of communication for clients to help meet their financial goals while remaining sensitive to risk tolerance and time horizons. Working collaboratively with our clients to understand their investment objectives, while providing education about our process, facilitates the kind of working relationship our clients and we value. Types of Advisory Services Offered Comprehensive Portfolio Management: We provide Comprehensive Portfolio Management, which includes asset management, financial planning or consulting services. This service is designed to assist clients in meeting their financial goals through the use of a financial plan or consultation. Our firm conducts client meetings to understand their current financial situation, existing resources, financial goals, and tolerance for risk. Based on what is learned, an investment approach is presented to the client, consisting primarily of:
• exchange traded funds (“ETFs”) that invest in stocks
• ETFs that invest in real estate investment trusts (“REITs”)
• ETFs that invest in bonds
• mutual funds that invest in stocks
• mutual funds that invest in REITs
• mutual funds that invest in bonds
• separately managed accounts (“SMAs”) that invest in stocks
• SMAs that invest in bonds. Once the appropriate portfolio has been determined, portfolios are continuously and regularly monitored, and rebalanced, as necessary, based upon the client’s individual needs, stated goals and objectives. Upon client request, our firm provides a summary of observations and recommendations for the planning or consulting aspects of this service. We offer two types of portfolios, “Total Market” and “Sustainable”, each designed to have a similar risk and return profile. The Total Market portfolio invests in all available industries and does not exclude any companies. The portfolio is primarily designed with ETFs and mutual funds offered by Avantis Investors and Dimensional Fund Advisors (“DFA”), but also includes Vanguard. The Sustainable portfolio divests ADV Part 2A – Firm Brochure Page 5 Quantum Financial Advisors, LLC from fossil fuel companies in most of its funds. Also, in most of its funds that invest in stocks it allocates more to companies that rank higher on environmental criteria and allocates less to companies that rank lower on environmental criteria, than the allocation to those same companies in the Total Market portfolio. The portfolio is primarily designed with mutual funds offered by DFA, but also includes Avantis Investors and Vanguard. DFA is responsible for ranking companies based on environmental criteria (which they do using data from specialized vendors such as MSCI, Inc.). In cases where specific companies or industries need to be excluded from the portfolio or specific tax strategies need to be deployed, we will use a separately managed account (“SMA”) for stocks, or an SMA for bonds, or both, within the Total Market or Sustainable portfolios, and those SMAs will replace certain ETFs or mutual funds. SMAs that invest in stocks are managed by DFA while SMAs that invest in bonds are managed by Wasmer Schroeder Strategies (owned by Charles Schwab Investment Management, Inc.). The SMAs used in the Total Market portfolio have exclusions that are unrelated to environmental concerns, but otherwise have a similar design as the funds used in the Total Market portfolio. The SMAs in the Sustainable portfolio have a similar design as the funds in the Sustainable portfolio, including the environmental focus, but add additional exclusions that the funds do not provide which may or may not be environmental related. In terms of investment style, the ETFs, mutual funds, and SMAs that invest in stocks in the Total Market portfolio allocate more to small capitalized (“small cap”) companies, low price-to-book (“value”) companies, and high profitability-to-book (“high prof”) companies, while allocating less to large capitalized (“large cap”) companies, high price-to-book (“growth”) companies, and low profitability-to- book (“low prof”) companies, than the allocations would be to those same companies in a market- capitalized (“market cap”) weighted portfolio. The Sustainable Portfolio is built on the same style design, but within each ‘style bucket’ (whose metrics are company size, price-to-book, profitability-to-book), an additional over-weighting and underweighting based on environmental scoring is performed as described above in such a way that the metrics of the style bucket are preserved. As a result of the investment style of the two portfolios, the composition of underlying companies, as well as the performance of the portfolios, can vary significantly from widely used benchmark indices. Portfolios can hold investments that our firm does not normally invest in, the most common situation being legacy holdings that the client bought before working with our firm which would incur significant capital gains if sold. The most common types of such investments

are individual stocks, mutual funds that invest in stocks, ETFs that invest in stocks, and annuities. Depending on how well the investment is suited to the client’s goals and circumstances, the degree of taxation required to liquidate the investment, and the liquidity of the investment, a plan is often put in place to liquidate the investment over a specific period of time agreed to by the client and the Quantum IAR. Trades for these assets, including individual stocks, are rules-based (such as selling a certain percentage of the shares each year), driven by tax and financial planning considerations, and are not based on an analysis of the circumstances of the underlying companies, nor an analysis of market and economic conditions, nor a determination of the optimal timing or the optimal stock valuation at which to sell. Those trades may be discretionary or non-discretionary as agreed to between the client and the Quantum IAR. A liquidation plan is not always appropriate or needed, such as if the investment is well suited to the client’s goals. ADV Part 2A – Firm Brochure Page 6 Quantum Financial Advisors, LLC Financial Planning & Consulting: Our firm provides a variety of financial planning and consulting services to clients for the management of financial resources based upon an analysis of their current situation, goals, and objectives. Financial planning services will typically involve preparing a financial plan or rendering a financial consultation for clients based on the client’s financial goals and objectives. This planning or consulting could encompass Investment Planning, Retirement Planning, Estate Planning, Charitable Planning, Education Planning, Corporate and Personal Tax Planning, Cost Segregation Study, Corporate Structure, Real Estate Analysis, Mortgage/Debt Analysis, Insurance Analysis, Lines of Credit Evaluation, or Business and Personal Financial Planning. Written financial plans or financial consultations rendered to clients usually include general recommendations for a course of activity or specific actions to be taken by the clients. Implementation of the recommendations will be at the discretion of the client. Our firm provides clients with a summary of their financial situation, and observations for financial planning engagements. Financial consultations are not typically accompanied by a written summary of observations and recommendations, as the process is less formal than the planning service. Assuming that all the information and documents requested from the client are provided promptly, plans or consultations are typically completed within 6 months of the client signing a contract with our firm. Retirement Plan Consulting: Our firm provides retirement plan consulting services to employer plan sponsors on an ongoing basis. Generally, such consulting services consist of assisting employer plan sponsors in establishing, monitoring and reviewing their company's participant-directed retirement plan. As the needs of the plan sponsor dictate, areas of advising may include:
• Establishing an Investment Policy Statement – Our firm will assist in the development of a statement that summarizes the investment goals and objectives along with the broad strategies to be employed to meet the objectives.
• Investment Options – Our firm will work with the Plan Sponsor to evaluate existing investment options and make recommendations for appropriate changes.
• Asset Allocation and Portfolio Construction – Our firm will develop strategic asset allocation models to aid Participants in developing strategies to meet their investment objectives, time horizon, financial situation and tolerance for risk.
• Investment Monitoring – Our firm will monitor the performance of the investments and notify the client if any changes are recommended.
• Participant Education – Our firm will provide opportunities to educate plan participants about their retirement plan offerings, different investment options, and general guidance on allocation strategies. In providing services for retirement plan consulting, our firm does not provide any advisory services with respect to the following types of assets: employer securities, real estate (excluding real estate funds and publicly traded REITs), participant loans, non-publicly traded securities or assets, other illiquid investments, or brokerage window programs (collectively, “Excluded Assets”). All retirement plan consulting services shall be in compliance with the applicable state laws regulating retirement consulting services. This applies to client accounts that are retirement or other employee benefit plans (“Plan”) governed by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). If the client ADV Part 2A – Firm Brochure Page 7 Quantum Financial Advisors, LLC accounts are part of a Plan, and our firm accepts appointment to provide services to such accounts, our firm acknowledges its fiduciary standard within the meaning of Section 3(21) of ERISA as designated by the Retirement Plan Consulting Agreement with respect to the provision of services described therein. Tailoring of Advisory Services Our firm offers individualized investment advice to our Comprehensive Portfolio Management clients. General investment advice will be offered to our Financial Planning & Consulting and Retirement Plan Consulting clients. Each Comprehensive Portfolio Management client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may not be possible due to the level of difficulty this would entail in managing the account. Participation in Wrap Fee Programs Our firm does not offer or sponsor a wrap fee program. Regulatory Assets Under Management As of December 31st, 2023, our firm managed $948,997,591 on a discretionary basis and $23,229,586 on a non-discretionary basis for a total of $972,227,177 in assets under management.