Company History & Principals Beacon Financial Advisors, Inc. (“Beacon”) is a New York corporation formed in 2000. Beacon was a Registered Investment Adviser in New York from May 2000 through April 2013. Beacon has been registered with the U.S. Securities and Exchange Commission (“SEC”) since April 2013. As founder of Beacon, Ronald M. Robins served as President and sole owner of Beacon since its inception. Effective June 2021, Benjamin (Jamie) Robins, Ron’s son and partner since 2015, acquired sole ownership of Beacon and now serves as President and Chief Compliance Officer. Jamie has been engaged in the financial services industry since 2009. Ron will continue to serve Beacon’s clients as Financial Advisor. Overview Beacon Financial Advisors is an independent wealth advisory firm offering financial planning and asset management services customized to the needs of individuals and their families, pension and profit-sharing plans, charitable organizations, trusts, and businesses. We focus on providing personalized financial advice and superior service to a limited number of clients. As fiduciaries, we have a fundamental obligation to always act in the best interest of our clients and to always place our client’s interests ahead of our own. We specialize in: ▪ Estate Planning and Wealth Preservation ▪ Retirement/Income Planning ▪ Asset Management ▪ Multigenerational Financial Planning ▪ Stock Option Planning ▪ Non-Citizen Investment Issues ▪ Business Succession Planning ▪ Qualified Retirement Plans We tailor our advisory services to our clients’ individual needs. We offer an initial, no obligation consultation to discuss what potential clients hope to achieve from the financial planning process and assess if we can help with their specific needs. Clients may ask us to restrict and/or limit certain securities or types of securities when we invest for them. Should they wish to engage our services, new clients will be required to sign our advisory agreement outlining the relationship and specifying our fee. New clients typically pay an initial fee for the creation of their financial plan as well as an ongoing wrap fee that includes our asset management services, associated transaction costs, and the maintenance and monitoring of their financial plan. This ongoing wrap fee is based on the value of a client’s assets under management. Financial Planning Services Our financial planning service is a multi-step process which reviews a client’s entire financial profile, identifies potential qualitative and quantitative issues, develops an outline of steps to address the assorted and often interrelated issues, and begins to work through those issues. The solutions to the various issues identified often involve other professionals, most frequently estate attorneys and accountants. Beacon can “quarterback” the interactions with these professionals so that a client is not left to implement recommendations requiring professional assistance on their own. The initial development of a financial plan will typically take six months. Beacon Financial Advisors – ADV2A – March 2024 Page 5 of 21 The process involves various steps including a data gathering session wherein Beacon collects the financial and personal information about the client. This includes a review of any previous estate planning, investments, insurance, and assorted executive, company, or institutional benefits. A client’s financial plan may include advice on asset allocation, tax planning analysis, estate planning analysis, business succession planning, retirement planning, budgeting, cash flow, and/or fringe benefit analysis. Beacon will schedule a meeting with the client to present our analysis of the situation and discuss our recommendations to assist the client towards their financial goals. Plans are based on a client’s financial situation at that time and on financial information disclosed by the client to Beacon. Certain assumptions may be made with respect to interest rates, inflation rates, and use of past trends and performance of the market and economy. However, past performance is no indication of future performance. Beacon cannot offer any guarantees or promises that a client’s financial goals and objectives will be met. Further, the client must continue to review and update the plan based on changes in financial situation, goals, objectives, or changes in the economy, tax code, or law. If a client’s financial situation, investment goals, or objectives change the client must notify Beacon promptly of the changes. The advice offered by Beacon may be limited and is not meant to be comprehensive. The client is not obligated to implement advice through Beacon or its Investment Advisor Representatives. Asset Management Services Beacon provides asset management services on a discretionary basis to our clients. Once we complete our analysis of a client’s financial situation, we work with them to determine an appropriate portfolio allocation. All investments made on a client’s behalf will take into consideration a client’s limitations or restrictions as well as their financial situation, investment objectives, and risk tolerance. We will schedule a meeting with the client to present how the client’s account will be managed and the recommended portfolio allocation. A client does not have to engage us to develop a full financial plan. In its place, we will develop an asset allocation recommendation that is customized to the client’s financial situation, investment objectives, and risk tolerance. When Beacon provides continuous and ongoing asset management services, we will manage a client’s account on a discretionary basis, making changes to the allocation as deemed appropriate by Beacon and in accordance with the client’s financial situation, investment objectives, and risk tolerance. We will determine the securities to be purchased and sold in the account and will alter the securities holdings from time to time, without prior consultation with the client. Beacon’s Wrap Fee Program Beacon serves as a program sponsor and portfolio manager for its own wrap fee program, the Beacon Private Wealth Program (the “Program”). If a client participates in the Program, they will pay a single fee which includes asset management, portfolio monitoring, the ongoing maintenance and monitoring of their financial plan, as well as custodial and administrative costs incurred within their account(s). An appropriate wrap fee program brochure has been created and will be presented to the client by us prior to investing in the Program. When managing the assets in the Program, we do not manage these assets any differently than non-wrap fee program Beacon Financial Advisors – ADV2A – March 2024 Page 6 of 21 accounts. When managing a client’s account on a wrap fee basis, Beacon shall receive as payment for its services the balance of the wrap fee after transaction costs have been deducted. A client may pay more or less than if they participated in other wrap fee programs or if they paid separately for these services. Retirement Plan Consulting Beacon offers retirement plan advisory services to defined contribution retirement plans (the “Plan(s)”) and to the Plan’s named fiduciary (the “Plan Sponsor”). These services may include either discretionary or non- discretionary investment advice concerning the retirement plan's investment options that are available to participants in the plan. Investment Adviser 3(21) Fiduciary Services: The Firm shall serve as an “Investment Adviser” and a “fiduciary” within the meaning of Section 3(21) of Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, with respect to accounts in the Plan. (Although 3(21) fiduciaries provide advice, they do not take control of plan assets,

so the Plan Sponsor retains the final say regarding implementation of the recommended investment options.) If we are engaged as an Investment Adviser, we will provide recommendations concerning the selection of the investment options for the Plan, as well as the replacement, addition, or removal of such options on an ongoing basis. In general, these services may include an existing plan review and analysis, investment performance monitoring, and/or ongoing consulting. In providing these services, we will have the ongoing responsibility to select or make recommendations based upon the needs of the Plan. While the ultimate decision to act on behalf of the Plan shall remain with the Plan Sponsor, we will generally aid with the implementation of our recommendations after approval by said Plan Sponsor. Investment Manager 3(38) Fiduciary Services: The Adviser shall serve as an “Investment Manager” and a “fiduciary” within the meaning of Section 3(38) of ERISA with respect to accounts in the Plan. (As a Section 3(38) fiduciary, an “Investment Manager” has discretion, authority, and control of a plan’s assets. Under ERISA, a Plan Sponsor can delegate the job of selecting, monitoring, and replacing plan investments to the Investment Manager, but the Plan Sponsor retains liability for the selection, monitoring and benchmarking of the Investment Manager.) If we are engaged as an Investment Manager, we will select the investment options that are to be offered to the Plan's participants. We will also monitor the selected investment options and make changes to them, as necessary. In addition, we may aid with respect to the establishment and maintenance of an investment policy statement for the Plan. We shall be responsible for selecting the Qualified Default Investment Alternatives (“QDIA”) for the Plan as permitted under Section 404(c) of ERISA in the form of an investment fund or model portfolios that seek both long-term appreciation and capital preservation through a mix of equity and fixed income investments. Participant Services: In addition to providing plan-level advisory services, we may offer participant-level education services and may also assist with participant enrollment meetings and provide investment- related educational seminars to plan participants on such topics as diversification, risk tolerance and time horizon. Our educational seminars may include other investment-related topics specific to the plan. We may also provide additional types of retirement plan advisory and consulting services to Plans on an individually negotiated basis. All services, whether discussed above or customized based upon a Plan Sponsor’s requirements, shall be detailed in a written agreement and be consistent with the parameters set forth in the plan documents. Beacon Financial Advisors – ADV2A – March 2024 Page 7 of 21 Selection of Third-Party Investment Advisers Beacon's services do not typically include recommending a Third-Party Investment Adviser. However, if the service is requested by a client, a registered third-party investment adviser whose investment styles and strategies suit the client’s individual needs and financial objectives will be recommended. The investments in these accounts are managed by investment advisers who specialize in the types of securities or strategies. Beacon will be responsible for monitoring these investments for compliance with the client’s financial situation, investment objectives, and risk tolerance. The selected Third-Party Investment Manager will be responsible for securities selection according to the strategy selected. The client will be provided with the disclosure documents for any Third-Party Investment Manager recommended for investment in the client’s accounts. General Information The investment recommendations and advice offered by Beacon are not legal advice or accounting advice. The client should coordinate and discuss the impact of financial advice with their attorney and/or accountant. If a client’s financial situation, investment goals, and/or objectives should change, please inform Beacon promptly. The change may trigger a need for adjustments in the client’s plan or portfolio. Failure to notify Beacon of any such changes could result in investment recommendations not meeting the client’s needs. A client electing a wrap fee program will pay a single fee asset-based fee for bundled services which includes asset management, portfolio monitoring, the ongoing maintenance and monitoring of their financial plan, as well as trade execution, custody, and other standard brokerage services. If the client determines to engage Beacon on a non‐wrap fee basis, the client will pay separately for investment advisory services and will be responsible for paying for paying transaction fees for transactions conducted in the client’s account. When managing a client’s account on a wrap fee basis, Beacon shall receive as payment for its investment advisory services the balance of the total wrap fee after custodial, trading, and other costs (including execution and transaction fees) have been deducted. Beacon has a conflict of interest to use no‐transaction fee funds and securities to reduce Beacon’s costs resulting in Beacon retaining a higher portion of the advisory fee. In addition, it should be noted that since 2019, the preferred custodian recommended by Beacon does not charge a transaction fee for equity or ETF trades. Many of the leading custodians who compete with our preferred custodian have also implemented a zero-transaction fee policy. As such, it poses a potential conflict of interest should Beacon choose to purchase equity securities, over other securities, to reduce trading costs resulting in Beacon retaining a higher portion of the advisory fee. As we do not have control over when or if the custodian will begin charging a transaction fee for equities, we continue to believe that the remaining transaction costs warrant continuation of Beacon’s Wrap Fee Program. Beacon generally recommends clients participate in the wrap fee program, however we encourage you to review the custodian’s pricing to compare the total costs of entering into a wrap fee arrangement versus a non-wrap fee arrangement. If you choose to enter into a wrap fee arrangement, your total cost to invest could exceed the cost of paying for brokerage and advisory services separately (non-wrap). To see what you would pay for transactions in a non-wrap account with Schwab, please refer to their most recent pricing schedules available at schwab.com/aspricingguide. IRA Rollover Considerations As part of Beacon’s consulting and advisory services, we may provide a client with recommendations and advice concerning their employer retirement plan or other qualified retirement account. We may recommend that the client withdraw the assets from their employer's retirement plan or other qualified retirement account and roll the assets over to an individual retirement account ("IRA") that we will manage. If the client elects to roll the assets to an IRA under our management, we will charge the client an asset-based fee as described in Item 5. Beacon Financial Advisors – ADV2A – March 2024 Page 8 of 21 This practice presents a conflict of interest because our Investment Adviser Representatives have an incentive to recommend a rollover to the client for the purpose of generating fee-based compensation rather than solely based on the client’s needs. A client is under no obligation, contractually or otherwise, to complete the rollover. Furthermore, if a client does complete the rollover, they are under no obligation to have their IRA assets managed by us. Assets Under Management Beacon has discretionary assets under management of $166,739,598 and non‐discretionary assets under management of $14,462,594 as of December 31, 2023.