A Our Firm. Frango Financial LLC (“Frango Financial,” “Frango,” “firm,” “we,” “our,” and “us”) is a fee-only financial planning firm that specializes in providing comprehensive financial planning and investment advisory services to individuals and families. The firm is owned and operated by Frances E. Goldman and has been in business since January 2009. We first became licensed as an investment advisor in 2011. Frango Financial distinguishes itself from traditional investment advisory firms by offering a broad array of investment advisory and financial planning services that are tailored to meet the needs of our diverse client base. We are a “fee-only” fiduciary investment advisor. We serve as a trusted guide to our clients (“client,” “you,” and “your”), providing portfolio management services and financial planning advice with respect to topics such as risk management, retirement planning, cash flow and budget management, recordkeeping, estate planning, business development, and goal setting. We also offer tax planning and tax preparation services. Prior to engaging our services, we may offer an exploratory consultation, free of charge, to discuss the potential benefits and costs of our services with you and to address any questions you may have regarding our firm, our financial professionals, and our service offerings. Our advisory services commence only upon your execution of a written advisory agreement with Frango Financial. B C Our Services. We offer a variety of investment advisory services to clients. Our investment advice is always tailored according to each client’s unique financial circumstances, objectives, and needs. A description of our various investment advisory services is as follows: Open Retainers Our primary service offering, Open Retainer engagements include comprehensive financial planning and ongoing portfolio management of the client’s designated investment accounts for a fixed fee over the course of one year. We will meet with you in-person, telephonically, and/or via video conference to learn about your financial goals and concerns, personal values, tolerance for investment risk, investment time horizon and experience, tax situation, current and expected income, expenses, cash flow, and other relevant factors, and document the same in our records. Based on our analysis of this information, and as further informed by our subsequent periodic consultations with you, we will provide you with ongoing detailed financial planning and portfolio management advice that is uniquely tailored to your financial circumstances, objectives, and needs. Frango Financial attempts to break down financial planning into manageable pieces to encourage clients to follow through with our recommendations and steadily progress toward their financial goals. Clients will typically have four to six scheduled meetings during the Initial Year of services, depending on their individual situation, and generally two or three scheduled meetings during Renewal Years. Meetings are generally in-person, but may be conducted by telephone or through other secure remote meeting technology, depending on client availability. In addition to scheduled meetings, additional face-to-face, e-mail, and/or telephone consultations regarding common financial topics and concerns are included at no additional charge. In Renewal Years, meetings are generally less frequent, and topics are often combined. During the Initial Year of an Open Retainer relationship, the following financial topics and concerns are typically addressed at our scheduled meetings (as relevant to the client’s specific needs):  budgeting and cash flow management;  record-keeping;  insurance analysis;  analysis of employee benefits;  tax planning, preparation, and filing;  inventory of assets, liabilities, and net worth;  portfolio analysis;  goal setting;  analysis of financial goals;  asset allocation strategy;  investment recommendations;  investment strategy implementation;  retirement planning;  education funding;  small business planning  Medicare planning; and  estate planning. During Renewal Years, the focus of our meetings typically shifts, as initial tasks are completed and changes occur in the client’s life and financial circumstances. Typical Renewal Year meeting topics include the following:  investment review/update;  cash flow and budgeting review;  goal setting review;  tax planning and preparation;  rebalancing of assets; and  other client specific financial concerns.
The Initial Year and Renewal Year topics are reviewed with the client periodically thereafter, as needed, throughout the duration of our relationship, which may be renewed at your option on an annual basis. If you wish to have us provide ongoing portfolio management advice as part of this service, you will be required to deposit your assets to an account (or accounts) held in your name at an independent

qualified custodian, typically a licensed broker-dealer, banking, or savings institution. New clients are typically required to grant our firm discretionary trading authority over their account(s) held at the custodian. This means that we will not be required to obtain your prior approval for each specific investment transaction we direct within your account. Notwithstanding your grant of discretionary trading authority to Frango Financial, as a matter of practice, it is our policy that whenever reasonable, we will make an effort to discuss potential transactions with you prior to their implementation. We will always exercise our discretionary authority in a manner consistent with our fiduciary duty to you and our understanding of your unique investment profile, objectives, needs, and restrictions. You may impose reasonable restrictions on our management of your account(s), including instructing us not to purchase certain specific securities, industry sectors, and/or asset classes. Certain legacy clients may continue to maintain non-discretionary portfolio management arrangements with Frango Financial that require us to obtain their consent prior to executing transactions in their accounts. We will monitor your designated investment accounts on an ongoing basis and implement changes to your portfolio from time-to-time, as we believe to be in your best interests. Where our investment advice relates to assets held-away from the account(s) over which we have been granted discretionary trading authority (e.g., employer sponsored retirement accounts, education savings accounts, insurance products), unless otherwise agreed, you will be responsible for investment implementation and monitoring. We will consult with you as needed or reasonably requested to review portfolio performance, discuss current financial issues and concerns, and re-assess goals and plans throughout the duration of our Open Retainer relationship. Project Retainers If an Open Retainer relationship is not desired or practical, Frango Financial may enter into a Project Retainer agreement. Project Retainers are narrower in scope than Open Retainers and usually focus on just one or several of the financial topics that might be addressed in the context of an Open Retainer relationship (see above). Depending on the complexity and number of financial topics selected by the client, this service typically includes only a single consultation or a limited number of consultations and the delivery of a shorter written report, summary, checklist, or oral presentation of our advice and recommendations to the client. Project Retainers do not include comprehensive financial planning services, ongoing management or monitoring of any client accounts, or any other ongoing services. Reviews and updates of our Project Retainer advice and investment implementation assistance are not provided, and the engagement is deemed to be concluded following our final consultation with the client or our delivery of the requested written report, summary, or checklist of advice and recommendations to the client. You will make all final investment decisions, select the service providers to be utilized, and shall be solely responsible for the implementation and monitoring of all your investments under this service. If the client wishes to upgrade to an Open Retainer engagement at the conclusion of these services, they may receive credit toward Open Retainer fees for amounts paid under a Project Retainer engagement for the past six months. Financial Fitness Reviews Our most limited offering, a Financial Fitness Reviews consist of an in-person or telephone meeting, accompanied by a written report that provides an overall review of the client’s financial situation, focusing on up to three financial planning topics selected in advance by the client. Financial Fitness Reviews do not include comprehensive financial planning, ongoing management or monitoring of client accounts, or any other ongoing services. Reviews and updates of our Financial Fitness Review advice and investment implementation assistance are not provided, and the engagement is deemed to be concluded following our delivery of the requested written report containing our recommendations to the client. You will make all final investment decisions, select the service providers to be utilized, and shall be solely responsible for the implementation and monitoring of all your investments under this service. If the client wishes to upgrade to an Open Retainer engagement at the conclusion of these services, they may receive credit toward Open Retainer fees for amounts paid under their Financial Fitness Review engagement for the past six months. D Wrap Fee Programs. We do not currently sponsor, serve as a portfolio manager to, or recommend any wrap fee programs to our clients. E Assets Under Management. We manage approximately $111,470,992 of client assets on a non- discretionary basis and $0 on a discretionary basis. These amounts were calculated as of December 31, 2023.