Independent Financial Advisors Inc

Fees and Compensation
   Description

                 Independent Financial Advisors, Inc. – February 26, 2026

    Fees are negotiable depending upon the needs of the client and complexity of
    the situation. After previously utilizing both breakpoint and tiered fee
    schedules, Veach Family Financial has adopted a firmwide tiered fee
    schedule for consistency and uniformity within the industry. Only utilizing a
    tiered fee schedule structure will make it easier for current or prospective
    clients to compare Veach Family Financials’ fees to other firm’s fees within
    the industry. All breakpoint fee schedules are in the process of being phased
    out and cannot be used for new clients.

Fee Billing
    Investment management fees are billed quarterly, in arrears, meaning that the
    client is invoiced after the three-month billing period has ended. Payment in
    full is expected upon invoice presentation. Fees are usually deducted from
    client accounts to facilitate billing. The client must consent in advance to
    direct debiting of their investment account.
    Annual asset management fees are up to 1% (0.25% quarterly) of assets
    under management based on a tiered schedule as follows:

     Total Assets Under Management (AUM)                          Annual Fee
               First $0 - $250,000                                   1.00%
            Next $250,000 - $500,000                                 0.90%
           Next $500,000 - $1,000,000                                0.80%
          Next $1,000,000 - $2,000,000                               0.70%
          Next $2,000,000 - $3,000,000                               0.60%
          Next $3,000,000 - $4,000,000                               0.50%
          Next $4,000,000 - $5,000,000                               0.40%
               Next $5,000,000 +                                     0.30%

    The minimum annual fee is $2,000 and is negotiable. Current client
    relationships may exist where the fees are higher or lower than the fee
    schedule above.
    All fees are negotiable.

    Retainer Agreement:
    Veach Family Financial does not currently require retainer fees.
    Hourly Planning Engagements:

              Independent Financial Advisors, Inc. – February 26, 2026

       Veach Family Financial provides hourly planning services for clients who
       need advice on a limited scope of work. The hourly rate for limited scope
       engagements is $200.

   Other Fees
       Custodians may charge transaction fees on purchases or sales of certain
       mutual funds. These transaction charges are usually small and incidental to
       the purchase or sale of a security. The selection of the security is more
       important than the nominal fee that the custodian charges to buy or sell the
       security.
       Veach Family Financial, in its sole discretion, may waive its minimum fee
       and/or charge a lesser investment advisory fee based upon certain criteria
       (e.g., historical relationship, type of assets, anticipated future earning
       capacity, anticipated future additional assets, dollar amounts of assets to be
       managed, related accounts, account composition, negotiations with clients,
       etc.).

   Expense Ratios
      Mutual funds generally charge a management fee for their services as
      investment managers. The management fee is called an expense ratio. For
      example, an expense ratio of 0.50 means that the mutual fund company
      charges an 0.5% annual fee for their services. These fees are in addition to
      the fees paid by clients to Veach Family Financial
       Performance figures quoted by mutual fund companies in various publications
       are after their fees have been deducted. In other words, quoted performance
       is net of the fees (expense ratios) charged by the mutual fund companies.

   Past Due Accounts and Termination of Agreement
       Veach Family Financial reserves the right to stop work on any account that is
       more than 30 days past due. In addition, Veach Family Financial reserves the
       right to terminate any engagement where a client has willfully concealed or
       has refused, in our judgment, to provide pertinent information about relevant
       and material financial situations when necessary and appropriate to providing
       proper financial advice. Unearned portions of fees collected in advance, if
       any, will be refunded within 15 days.

Types of Clients
   Description
      Veach Family Financial generally provides investment advice to individuals,
      pension and profit sharing plans, trusts, estates, charitable organizations, and
      corporations or business entities.
       Client relationships vary in scope and length of service.

   Account Minimums
      The Firm’s desired minimum account size is $250,000 in assets under
      management, which equates to an annual fee of $2,500.
       When an account falls below $200,000 in value, the minimum annual fee of
       $2,000 is charged. Depending upon circumstances, Veach Family Financial
       may enter into an hourly agreement with the client if assets have diminished
       significantly below $200,000. Fees are negotiable.
       Veach Family Financial has the discretion to waive the account minimum.
       Accounts of less than $200,000 may be set up when the client and the
       advisor anticipate the client will add additional funds to the accounts bringing
       the total to $250,000 within a reasonable time. Other exceptions may apply to
       employees of Veach Family Financial and their relatives, relatives of existing
       clients, or others on a case-by-case basis.

Methods of Analysis, Investment Strategies and Risk of Loss