Beacon Financial Advisors Inc

Item 5 – Fees and Compensation

                                                 Financial Planning Services

The fee for Financial Planning Services may be a fixed flat fee or may be based on an hourly charge. Fees for
financial planning are negotiable. Typically, the agreement for financial planning services is for a period of one
year. A client’s fee depends on several factors including time spent with Beacon, number of meetings,
complexity of the client’s situation, amount of research, services requested, staff resources, as well as whether
the client engages Beacon for ongoing monitoring of their financial plan. The completed financial plan will be
delivered within six months of the signing of the agreement.

If a fixed fee is negotiated, the fee will be payable in full in advance for engagements lasting not more than six
months. The maximum fixed fee for financial planning services is $200,000 per annum. If an hourly rate has
been negotiated, the fee will be payable monthly in arrears. The maximum hourly rate for financial planning
services is $1,000 per hour for Investment Adviser Representatives and $500 per hour for Support Staff.

Annual Renewal: The agreement for Financial Planning Services will renew annually. Upon the anniversary of
a client’s agreement with Beacon, the client’s Investment Adviser Representative will contact the client to
schedule a meeting or call to review their financial plan. This meeting or call is encouraged so that we can ensure
that the financial plan accurately reflects the client’s financial objectives as well as provide us with the
opportunity to amend the plan to accommodate any change in the client’s circumstances (retirement, marriage,
disability, etc.). The fee for consultation is based on the degree of change in the client’s situation. All services
will be provided on an hourly basis. For clients participating in the Beacon Private Wealth Program, the
monitoring and maintenance of the financial plan is included in the Program Fee.

Termination Provisions: The agreement will remain in effect for a period of one year. It will automatically renew
at the end of each year for a period of one year unless terminated. Beacon may modify the advisory agreement
with 30-days prior written notice to the client at the address of record. The agreement may be terminated by
either party upon written notice to the other party. The client will be responsible for any time spent by Beacon
up to the day notice is received. We will refund any prepaid unearned fees to the client within 14 days. Refunds
will not be provided for work that has already been performed.

                                                 Asset Management Services

Advisory fees are based on the aggregate value of all managed accounts within the established household.
However, by mutual agreement, certain accounts or individual positions may be excluded from the aggregate
valuation or subject to an asset management fee that differs from the fee charged under the aggregate value

Beacon Financial Advisors – ADV2A – March 2026                                                           Page 8 of 21

calculation. The fee schedules below apply to wrap fee and non-wrap fee accounts alike. As such, we
recommend that all clients participate in the Beacon Private Wealth Program.

All new clients will be subject to the following blended fee schedule for asset management services:

                           Aggregate Value of Accounts               Advisory Fee Per Year
                                 First $2,000,000                            1.00%
                                 Next $1,500,000                             0.75%
                                 Next $1,500,000                             0.60%
                                 Over $5,000,000                             0.50%

For existing clients who signed an advisory agreement prior to January 1, 2019, and for any new account an
existing client may open, the following fee schedule reflects the maximum applicable fee which will remain in
effect:

                           Aggregate Value of Accounts                    Fee Per Year
                                $100,000 - $500,000                         2.000%
                               $500,001 - $1,000,000                        1.500%
                              $1,000,001 - $2,000,000                       1.000%
                              $2,000,001 - $3,500,000                       0.750%
                              $3,500,001 - $5,000,000                       0.600%
                             $5,000,001 - $15,000,000                       0.500%
                               $15,000,001 or more                         Negotiable

All advisory fees and household minimums are subject to negotiation. Beacon may offer discounted rates to its
employees and their families as well as to institutional and ultra, high-net-worth clients with substantial account
balances. A client’s fee will be specified in the agreement that the client signs. Fees are not based on a share of
capital gains or capital appreciation of the funds or any portion of the funds.

Advisory fees will be charged in advance of the billing period. The billing period will be on a calendar quarterly
basis (i.e., March 31, June 30, September 30, and December 31). The quarterly asset management fee will be
based on the value of the account on the last business day of the just completed calendar quarter end. Fees for
partial periods will be prorated. Accounts that have margin balances will be billed on the gross value of billable
securities, not the net after deduction for margin balance.

                                     Selection of Third‐Party Investment Adviser Services

Clients whose account(s) are managed through the selection of a third-party investment adviser service will pay
fees to Beacon as well as to each Third-Party Investment Adviser which has its own fee schedule disclosed in
...

Item 7 – Types of Clients

Beacon provides financial planning and asset management services for individuals and their families as well as
for high‐net‐worth individuals, trusts, and estates. We also service pension and profit-sharing plans, charitable
organizations, trusts, corporations, and other business entities.

Beacon generally requires a minimum amount of assets be deposited to an account for the purpose of obtaining
asset management services. Beacon will generally require a client to deposit a minimum of $1,000,000 (cash or
securities) per client relationship. However, under certain circumstances, Beacon may waive the minimum
account size requirement and accept accounts with a lower balance. All advisory fees and asset minimums
are subject to negotiation at the discretion of the firm.

The Third-Party Investment Advisers to which Beacon may refer clients may impose an account minimum to
obtain their services. Clients should refer to the Third‐Party Investment Adviser’s disclosure documents for
further information.