A. Description of the Advisory Firm Financial Planning Associates, LLC is a Limited Liability Company organized in the state of New York. This firm was formed in December of 2011, and the principal owner is Antonio A. Taddeo. B. Types of Advisory Services Financial Planning Associates, LLC (hereinafter "FPA") offers the following services to advisory clients: Investment Supervisory Services FPA offers ongoing portfolio management services based on each client's individual goals, objectives, time horizon, and risk tolerance. FPA creates an Investment Policy Statement for each client, which outlines the client's current situation (income, tax levels, and risk tolerance levels) and then constructs a plan (the Investment Policy Statement) to aid in the selection of a portfolio that matches each client's specific situation. Investment Supervisory Services include, but are not limited to, the following: • Investment strategy • Personal investment policy • Asset allocation • Asset selection • Risk tolerance • Regular portfolio monitoring FPA evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. FPA will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. Risk tolerance levels are documented in the Investment Policy Statement, which is given to each client. Selection of Other Advisors FPA may direct clients to third party money managers. FPA will be compensated via a fee share from the advisors to which it directs those clients. The fees shared will not exceed any limit imposed by any regulatory agency. Before selecting other advisors for clients, FPA will always ensure those other advisors are properly licensed or registered as an investment advisor. The third party manager will be determined based on the client's investment goals, time horizon, risk tolerance, and investment objectives. The shared fee will

not result in the client paying a higher management fee. Financial Planning Financial plans and financial planning services may include but are not limited to: investment planning, life insurance; tax concerns; retirement planning; college planning; and debt/credit planning. These services are based on hourly and fixed fees, and the final fee structure is documented in Exhibit II of the Financial Planning Agreement. Services Limited to Specific Types of Investments FPA generally limits its investment advice and/or money management to mutual funds, equities, bonds, fixed income, debt securities, ETFs, real estate, REITs, insurance products, including annuities and government securities. FPA may use other securities as well to help diversify a portfolio when applicable. C. Client Tailored Services and Client Imposed Restrictions FPA offers the same suite of services to all of its clients. However, specific client financial plans and their implementation are dependent upon the client's financial planning questionnaire which outlines each client's current situation (income, tax levels, and risk tolerance levels) and is used to construct a client specific plan to aid in the selection of a portfolio that matches restrictions, needs, and targets. Clients may not impose restrictions on investing in certain securities or types of securities in accordance with their values or beliefs. D. Wrap Fee Programs A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, fund expenses, and any other administrative fees. FPA has discretionary authority to select third party advisers, where client assets may be included in the third-party adviser’s wrap fee program. Under such arrangement, FPA acts as neither the sponsor nor the portfolio manager. E. Amounts Under Management FPA has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $60,370,218 $0 12/31/2023