Highland Financial Advisors LLC

5. FEES AND COMPENSATION
HIGHLAND Financial Advisors, LLC is compensated directly by our clients for Wealth Management,
Investment Management services, ERISA Fiduciary Investment Management. We do not receive any
third-party compensation, 12b-1 fees, or commissions from any advice or products it recommends.

WEALTH MANAGEMENT SERVICES

The annual cost for the Wealth Management services described in Section 4 above ranges from 0.15%
to 1.00% of the client’s “Assets Under Management,” payable on a quarterly basis. Assets Under
Management includes Managed Assets held at a custodian under the management of HIGHLAND
Financial Advisors, LLC. We also provide advice on Assets Under Advisement. Assets Under
Advisement includes personal property, primary and secondary residences, closely-held business
interest, real estate investments, employer sponsored retirement plan you have control over (401(k),
403(b), 457), and any vested employer stock options or grants.

The compensation as a percentage of Assets Under Management is deducted solely from “Managed
Assets”. Services are billed quarterly in advance, beginning on the first business day of the month
following the month in which the accounts are funded. Thereafter, the quarterly amount due is based
on the value of the client’s account on the last business day of the previous month. A pro-rata refund
will be paid to client if canceled within any quarter.

For certain client circumstances, we may charge a flat-fee dollar amount until the client’s “Assets
Under Management” reaches a particular level to cover our Wealth Management Services.

INVESTMENT MANAGEMENT SERVICES

The annual cost for Investment Management services described in Section 4 above ranges from 0.15%
to 0.80% of the client’s assets under management. Services are billed quarterly in advance, beginning
on the first business day of the month following the month in which the accounts are funded.
Thereafter, the quarterly amount due is based on the value of the client’s account on the last business
day of the previous month. A pro-rata refund will be paid to client if canceled within any quarter.

ERISA FIDUCIARY INVESTMENT MANAGEMENT SERVICES

The annual cost for 3(38) Investment Management services described in Section 4 above ranges from
0.15% to 0.80% of the assets under management. Services are billed quarterly in advance, beginning
on the first business day of the month following the month in which the accounts are funded.
Thereafter, the fee is due quarterly based on the value of the client’s account on the last business day
of the previous month. A pro-rata refund will be paid to client if canceled within any quarter.

All clients with engagements starting prior to January 1, 2024 may have other fee schedules and
agreements for services.

                                                                        HIGHLAND Financial Advisors, LLC
                                                                              SEC File Number 801- 64369   7

June 1, 2026 – Firm Brochure
BEFORE AND BEYOND DIVORCE

The total cost for the education service is $2,000 for all four parts. The fee is paid in two installments,
50% down and the balance before the start of the fourth part.

Other fees or expenses paid in connection with advisory services: products and custodians. All fees
paid to HIGHLAND Financial Advisors, LLC for our services are separate and distinct from the fees and
expenses charged by mutual funds and exchange traded funds (ETFs) to their shareholders. Mutual
fund expenses are generally described in each fund's prospectus.

Clients may incur transaction fees or commissions in connection with trading of mutual funds, ETFs,
individual stocks and bonds, which are charged by the custodian (brokerage firm holding the client’s
assets for safekeeping). Transaction costs for mutual funds and stocks charged by our recommended
custodian, Charles Schwab & Co., Inc. (Schwab) generally vary from $0 to $20 for each purchase and
sale transaction.

Comparable services
HIGHLAND Financial Advisors, LLC believes that the charges and fees offered within its program are
competitive with alternative programs available through other firms offering a similar range of
services; however, lower fees for comparable services may be available from other sources.

Proper management of conflicts of interest relating to the fees we receive from Client, relating to
the receipt of percentage-based compensation
A conflict of interest can exist in any form of compensation; however, we have adopted internal
policies to properly manage these and other potential conflicts of interest. HIGHLAND Financial
Advisors, LLC goal is that advice to client remains at all times in client’s best interest. We bill for
services based on assets under management or assets under advisement. This is a very common form
of compensation for registered investment advisory firms and avoids the multiple inherent conflicts of
interest associated with commission-based compensation.

7. TYPES OF CLIENTS
HIGHLAND Financial Advisors, LLC generally offers investment advice to:
• Individuals and families
• High Net Worth Individuals and families
• Pension and profit-sharing plans
• Trusts, estates, endowments or charitable organizations
• Corporations or business entities other than those listed above
• Small business owners

                                                                           HIGHLAND Financial Advisors, LLC
                                                                                 SEC File Number 801- 64369   8

June 1, 2026 – Firm Brochure