Description Frazier Financial Consultants, LLC ("FFC" or "The Firm") was founded in 1986 by Deborah Frazier. The Firm's corporate status was changed to an LLC in December 2007. In January 2024, Richard Frazier became the sole managing member of the Firm. Deborah Frazier is the Firm’s Chief Compliance Officer. FFC provides personalized confidential financial planning and investment management to individuals, small business’ profit-sharing plans, trusts, estates, and charitable organizations. Advice is provided through consultation with the client and may include determination of financial objectives, identification of financial problems, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, and estate planning. FFC is strictly a fee-only financial planning and investment management firm. The firm does not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. The firm is not affiliated with entities that sell financial products or securities. No commissions in any form are accepted. No finder’s fees are accepted. FFC does not act as a custodian of client assets. FFC places trades for clients under a limited power of attorney. Other professionals (e.g., lawyers, accountants, insurance agents, etc.) are engaged directly by the client on an as-needed basis. Conflicts of interest will be disclosed to the client in the unlikely event they should occur. The initial meeting, which may be by telephone, is free of charge and is considered an exploratory interview to determine the extent to which financial planning and investment management may be beneficial to the client. FFC hereby acknowledges that it is a "fiduciary" when the firm’s services are subject to the provisions of ERISA of 1974, as amended. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Types of Advisory Services FFC provides financial planning and on-going investment supervisory services, also known as asset management services. For asset management clients, a written evaluation of each client's initial situation is provided to the client, often in the form of a net worth statement. Periodic reviews are also communicated to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. For clients receiving financial planning only, those services are complete at the presentation of the financial plan or advice. No on-going oversight is provided as a part of the Firm's financial planning services. The client has the sole responsibility of implementing any recommendations made in a financial plan. On more than an occasional basis, FFC furnishes advice to clients on matters not involving securities, such as taxation issues, and trust services that often include estate planning. Types of Agreements The following agreements define the typical client relationships: Advisory Service Agreement Most clients choose to have FFC manage their assets in order to obtain ongoing in-depth advice and life planning. All aspects of the client’s financial affairs are reviewed, including those of their minor children. The engagement includes cash flow management; insurance review; investment management (including performance reporting); education planning; retirement

planning; estate planning; and tax planning, as well as the implementation of recommendations within each area. Realistic and measurable financial goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. Assets are invested primarily in stocks, no-load mutual funds, and exchange-traded funds, usually through discount brokers or fund companies. Stocks and bonds may be purchased or sold through a brokerage account when appropriate. Investments may also include equities (stocks), certificates of deposit, fixed income securities, investment company securities, variable annuities, and U. S. government securities. Initial public offerings (IPOs) are not available through FFC. Although the Advisory Service Agreement is an ongoing agreement and constant adjustments are required, the length of service to the client is at the client’s discretion. The client or FFC may terminate an Agreement by written notice to the other party. Tax preparation work for your CPA is performed as part of the Advisory Service Agreement. Financial Planning Agreement A financial plan is designed to help the client with all aspects of financial planning without ongoing investment management after the financial plan is completed. The financial plan may include, but is not limited to: a net worth statement; a cash flow statement; a review of investment accounts, including reviewing asset allocation and providing repositioning recommendations; strategic tax planning; a review of retirement accounts and plans including recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. Investment advice is provided as part of a financial plan. However, implementation of the advice is at the sole discretion of the client. Specific investment recommendations are only provided to clients under an advisory services agreement that includes on-going investment management. For clients receiving financial planning services under an hourly engagement, we provide only general asset allocation models for investment purposes. Services for financial planning only clients are complete upon presentation of the financial plan or advice. After delivery of a financial plan, future face-to-face meetings may be scheduled as necessary for up to one month, without additional charge. Follow-up implementation work after thirty days is billed at the rate of $300 per hour. Termination of Agreement If a Client has not received FFC’s Brochure at least 48 hours prior to executing an advisory agreement the Client shall have five business days from the date of signing the agreement to terminate FFC’s engagement without penalty or fee. After five days, a client may terminate any of the agreements at any time by notifying FFC in writing and paying the rate for the time spent on the investment advisory engagement prior to notification of termination. If the client made an advance payment, FFC will refund promptly any unearned portion of the advance payment. FFC may also terminate any of the agreements at any time by notifying the client in writing. FFC reserves the right to terminate any financial planning engagement where a client has willfully concealed or has refused to provide pertinent information about financial situations when necessary and appropriate, in FFC’s judgment, to providing proper financial advice. Wrap Fee Programs FFC does not participate in any wrap fee program. Assets Under Management As of December 31, 2023, FFC managed $160,100,381 in assets on a discretionary basis.