Description of the Firm We are Sustainable, Responsible, Impact investing (SRI) advisors, with a core commitment to building a sustainable and socially just world through sound investment practices. People have used a lot of different words to describe main investment strategy — Environmental‐Social‐Governance (ESG) Issues, Investing Socially Responsible Investing, Socially Conscious Investing, Socially Aware Investing, Responsible Investing, Green Investing, Ethical Investing, Values‐Based Investing, Mission‐Related Investing, Natural Investing, Stewardship Investing, Sustainable and Responsible Investing, … The basic idea behind all of these labels, though, is simple. SRI is an investment strategy that adds an additional layer to traditional investing: the consideration of values, with the goal of ensuring that your investments have a positive impact on society and the environment. Horizons holds itself to a fiduciary standard, which means that we owe each of our clients a fiduciary duty to put the client’s interest first which includes, but is not limited to, a duty of care, loyalty, obedience, and utmost good faith. Horizons is a New Mexico domiciled company formed in 2013. Johann Klaassen, PhD, CFP®, AIF® is the firm's primary officer and shareholder. Horizons also has other investment advisor representatives located in Alabama, Oregon, and Washington. Additional information about Mr. Klaassen and each of Horizons’ investment advisor representatives can be found in their respective Form ADV Part 2B brochure supplements, either included with this brochure, or on the SEC’s website at www.adviserinfo.sec.gov. Description of Advisory Services Offered The firm provides a broad range of investment advisory and financial planning solutions to its clients. For those interested in areas such as cash flow and budgeting, education funding, retirement planning, risk management, estate planning, tax planning, as well as periodic investment advice, it offers its financial planning and investment consultation services. Horizons also provides ongoing and continuous supervision of clients’ portfolios through its own investment supervisory services offering, as well as providing our clients’ access to institutional investment managers through investment management services engagements. We will typically begin by conducting an introductory interview to determine the scope of services for your engagement. During or prior to your first meeting with our firm, you will be provided with a current ADV Part 2 advisory brochure that includes a statement involving our privacy policy. We will also ensure any material conflicts of interest are disclosed that could be reasonably expected to impair the rendering of unbiased and objective advice. Should you wish to engage Horizons for its services, we must first enter into a written agreement via our client services engagement agreement; thereafter, discussion and analysis will be conducted to determine your financial needs, goals, holdings, etc. Depending on the scope of the engagement, you can or will be asked to provide current copies of the following documents early in the process:
• Wills, codicils and trusts
• Insurance policies
• Mortgage information
• Tax returns
• Current financial specifics including W‐2s or 1099s
• in retirement and non‐retirement accounts
• Completed risk profile questionnaires or other forms provided by our firm
• Information on current retirement plans and benefits provided by your employer 5 | P a g e It is important that the information and financial statements you provide is accurate. The firm can, but is not obligated to, verify the information you have provided which will then be used in the financial planning or investment advisory process. Clients who contract with Horizons for asset management services all begin by completing two worksheets: a Financial Values Worksheet (FVW), and a Social Policy Worksheet (SPW). The FVW gathers information including such items as risk tolerance and desired returns, current income and tax considerations, time horizon and contribution/distribution plans. Based on the answers provided by the client, and any additional discussions between the client and their Advisor, a basic asset allocation model is selected. The SPW gathers information about your basic SRI‐related screening criteria, commitment or aversion to shareholder advocacy strategies, and interest in participating in below‐market‐rate community investment opportunities. For clients with larger portfolios, for whom our individual stock portfolios are appropriate, we can also make special exclusions based on broad social issues, economic sectors, or specific companies. ii. From the information provided by the client on these two worksheets, an Investment Policy Statement (IPS) is generated – and, after another round of discussion with the client and Advisor, the IPS is finalized and signed. Our ability to provide our advisory services depends on access to important information about our clients. Accordingly, it is necessary that you provide us with an adequate level of information and supporting documentation throughout the term of the engagement, including but not limited to source of funds, income levels, and an accountholder or their legal agent’s authority to act on behalf of the account, among other information. This helps us determine the appropriateness of our financial planning or investment strategy for you. It is also very important that you keep us informed on significant changes that can call for an update to your financial and investment plans. Events such as changes in employment, unplanned windfall, marriage or divorce, or the purchase or sale of a home or business can have a large impact on your circumstances and needs. We need to be aware of such events, so we can make the adjustments needed to your plan or advice to keep you on track toward your goals. Investment Management and Investment Supervisory Services You can engage our firm to implement investment strategies that we have recommended to you. Depending on your risk profile, goals and needs, among other considerations, your portfolio will involve the employment of one of our investment strategies as well as either a broad range or more narrowly focused choice of investment vehicles as described in further detail in Item 8 of this brochure. Where appropriate, we will prepare an investment policy statement (IPS) or similar document reflecting:
•your investment objectives
•annual Income
•time horizon
•Total Net Worth
•Liquid Net Worth
•Employment Status
•Tax Status
•Investment Experience
•Risk Tolerance
•Other relevant information Since the IPS, to a large extent, will be a product of information and data you have provided, you will be responsible for reviewing and providing final approval of the document/plan. 6 | P a g e Investment Management Services (Third‐Party Investment Managers) Following our consultation session and plan development, we can or will recommend you engage a third‐ party investment manager to implement a portion or your entire portfolio. Prior to recommending a third‐ party investment manager, we will conduct what is believed to be an appropriate level of due diligence to include ensuring the third‐party investment manager is appropriately registered or notice‐filed within your jurisdiction. On a continuing basis but no less than annually thereafter, a review will be performed from both a compliance and performance perspective to determine whether the selected third‐party investment manager remains an appropriate fit for your portfolio. Horizons will maintain the discretional authority to re‐assign the sub‐adviser that will provide services to client accounts. Under this type of engagement, we will gather information from you about your financial situation, investment objectives, reasonable restrictions you can or will want to impose on the management of the account, and we will then provide this data to the third‐party investment manager to develop the portfolio. Third‐ party managers will invest on behalf of a client account in accordance with the strategies set forth in their own requisite disclosure documents which will be provided to you by our firm prior to your portfolio employing their strategies. The selected third‐party investment manager typically assumes discretionary authority over an account (defined in Item 16), and some of these programs can or perhaps will not be available for those clients who prefer an account to be managed under a non‐discretionary engagement or whom can or will have other unique account restrictions. Under the third‐party investment process, one of the managers selected for your account can or will be Horizons. Under this process, with accounts maintained at Folio Institutional, we do not charge an additional manager fee. Only those managers who are not Horizons will charger the third‐ party manager fee for the portion of the account that they are managing. Investment Supervisory Services In limited situations and only when an account requires unique customization, our firm will provide its own investment supervisory services under either a discretionary or non‐discretionary agreement (see Item 16). The engagement can include:
• Investment strategy
• Investment policy statement development
• Asset allocation
• Asset selection
• Risk tolerance
• Regular monitoring
• Periodic rebalancing Financial Planning and Investment Consultation Services Financial planning and investment consultation services can be broad‐based (sometimes coined “comprehensive planning”) or more narrowly focused as you can or will desire. For initial or contracted Financial Planning and Consulting Services, financial plans are completed within a year or less. New or additional financial planning and consulting services are performed pursuant to a separate engagement agreement with the client. If several or all of the services described are provided together through a broad‐ based plan, the total time needed to complete these services can be less than the time it would take to complete each service separately because of the efficiency gained by combining more than one service. 7 | P a g e Cash Flow Analysis and Debt Management A review of your income and expenses will be conducted to determine your current surplus or deficit along with advice on prioritizing how any surplus should be used, or how to reduce expenses if they exceed your income. Advice can also be provided on which debts to pay off first based on factors such as the interest rate of the debt and any income tax ramifications. Recommendation can also be made with respect to appropriate cash reserves for emergencies and other financial goals, and a review of accounts (such as money

market funds) for such reserves, plus strategies to save desired amounts. Risk Management A risk management review includes an analysis of your exposure to major risks that could have a significant adverse impact on your financial picture, such as premature death, disability, property and casualty losses, or the need for long‐term care planning. Advice can be provided on ways to minimize such risks and about weighing the costs of purchasing insurance versus the benefits of doing so and, likewise, the potential cost of not purchasing insurance (“self‐insuring”). Employee Benefits We will provide review and analysis as to whether you, as an employee, are taking the maximum advantage possible in your employee benefits. If you are a business owner, we will consider and/or recommend the various benefit programs that can be structured to meet both business and personal retirement goals. Retirement Planning Retirement planning services typically include projections of your likelihood of achieving your financial goals, with financial independence usually the primary objective. For situations where projections show less than the desired results, a recommendation can include showing you the impact on those projections by making changes in certain variables (i.e., working longer, saving more, spending less, taking more risk with investments). If you are near retirement or already retired, advice can be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during your retirement years. Tax Planning Strategies Advice can include ways to minimize current and future income taxes as a part of your overall financial planning picture. For example, we can or will make recommendations on which type of account(s) or specific investments should be owned based in part on their “tax efficiency,” with consideration that there is always a possibility of future changes to federal, state or local tax laws and rates that can or will impact your situation. Education Planning College funding advice can include projecting the amount that will be needed to achieve post‐secondary education funding goals, along with savings strategies and the “pros‐and‐cons” of various college savings vehicles that are available. Estate Planning Review and advice usually involves an analysis of your exposure to estate taxes and your current estate plan; determining whether you have a will, powers of attorney, trusts and other related documents. Our advice also typically includes ways for you to minimize or avoid future estate taxes by implementing appropriate estate planning strategies such as the use of applicable trusts. 8 | P a g e We always recommend that you consult with a qualified attorney when you initiate, update, or complete estate planning activities. We can or will provide you with contact information for attorneys who specialize in estate planning when you wish to hire someone for such purposes. From time‐to‐time, we will participate in meetings or phone calls between you and your attorney with your approval or request. We are not compensated for these referrals. Investment Consultation Our investment consultation services can involve providing information on the types of investment vehicles available, employee stock options, investment analysis and strategies, asset selection and portfolio design, as well as assisting you in establishing your own investment account at a selected broker/dealer or custodian (collectively, we term as “service providers”). The strategies and types of investments we can recommend are further discussed in Item 8 of this brochure. Periodic Review We strongly urge our clients to notify us of any change in their circumstances, and to schedule a review any time there is such a change. An annual review should be considered even if there is not a substantial change, because tax laws, estate laws, and insurance and investment products are rapidly evolving. Additional information can be found in Item 13. Educational Workshops Horizons offers periodic sessions for those desiring general advice on personal finance and investing. Topics can include issues related to financial planning, college funding, estate planning, retirement strategies, or various other economic and investment topics. Our workshops are educational in nature and do not involve the sale of insurance or investment products. Information presented will not be based on any one person’s need nor do we provide individualized investment advice to attendees during our general sessions. Client‐Tailored Services and Client‐Imposed Restrictions Broad‐Based v. Modular Financial Planning A broad‐based plan is an endeavor that requires detail, therefore, certain variables can affect the cost involved in the development of the plan: the quality of your own records, complexity and number of current investments, diversity of insurance products and employee benefits you currently hold, size of the potential estate, special needs of the client or their dependents, among others. While certain broad‐based plans can or will require 10 or more hours to complete, complex plans can or will require more than 20 hours. Alternatively, we can or will concentrate on reviewing only a specific area (modular planning), such as college funding, a portfolio allocation, or evaluating the sufficiency of your retirement plan. Note that when these services focus only on certain areas of your interest or need, your overall situation or needs can or perhaps will not be fully addressed due to limitations you can or will have established. Whether we have created a broad‐based or modular plan, we will present you with a summary of our recommendations, guide you in the implementation of some or all of them, as well as offer you periodic reviews thereafter (see Item 13). Unless stated otherwise in your agreement with our firm, upon completion of our presentation or delivery of advice, our financial planning and investment consultation engagement is typically concluded. We recommend that you return for periodic reviews. In all instances involving our financial planning and investment consultation services, our clients retain full 9 | P a g e discretion over all implementation decisions and are free to accept or reject any recommendation we make. Clients have the option to purchase investment products that you recommend through other brokers or agents that are not affiliated with Horizons or investment adviser representatives of Horizons. Management of Assets for Other Advisors Horizons is available to manage client assets for other advisors and their clients on a contracted basis managing with our portfolios of Mutual Funds, Individual Stock accounts at Folio or Individual Bond SMA accounts within an SRI framework. Accounts will be held at Schwab Institutional or Folio Institutional and Horizons will be the Manager of Record for these accounts and have access to the client account for trading, fee billing and distribution purposes only. Assets will be billed quarterly, in advance, with the fee to Horizons being not more than ¼ of the overall fee charged to the client. All accounts will be managed on a Discretionary basis. Any discounts offered to the client will be shared by both the Advisor and Horizons with the maximum fee to the client to not exceed 1.6% annually, lower fee schedules can be negotiated per client or account. The Fees shared do not include custody and trading costs. All advisors will maintain their own RIA and designations and will not be an IAR of Horizons. Consultation with Other Firms From time to time, Horizons can be asked to consult with other RIA Firms, Asset Managers, or Mutual Funds on creating a SRI platform/social screening or monitoring, or the ongoing management of the SRI platform/social screening and monitoring. We will receive a consulting fee for those services either as a one‐ time consultation fee or as an ongoing consultation fee for ongoing services to the RIA or Fund. Investment Account Restrictions As stated in your IPS or similar document, we will account for any reasonable restrictions you can or will require for the management of your investment account(s). For example, a client can prefer to avoid or require certain types of holdings (e.g., “sin stocks,” international or small cap stocks, etc.) in their portfolio. We will then communicate these restrictions to the portfolio manager handling your account. We want to note that it is our duty make reasonable efforts to document and annually update client suitability information however, you should promptly notify us if there is any change in your financial situation and/or investment objectives for the purpose of our reviewing, evaluating or revising previous account restrictions or firm investment recommendations. Wrap Fee Programs Our firm does not serve as sponsor or portfolio manager in an investment program involving wrapped fees. Client Assets Under Management As of December 31, 2023, our firm had $134,076,856 of client assets under management: $133,793,095 through discretionary account agreements, and $283,761 through non‐discretionary account agreements; (as defined in Item 16‐Investment Discretion). General Information Horizons does not provide legal or accounting services. With your consent, we can work with your other professional advisors to assist with coordination and implementation of accepted strategies. You should be aware that these other advisors will charge you separately for their services and these fees will be in addition to our own advisory fees. 10 | P a g e Our firm will use its best judgment and good faith effort in rendering its services. Horizons cannot warrant or guarantee any particular level of account performance or that your account will be profitable over time. Past performance is not necessarily indicative of future results. Except as otherwise be provided by law, our firm will not be liable to the client, heirs, or assignees for any loss an account can or will suffer by reason of an independent investment decision made or other action taken or omitted in good faith by our firm with that degree of care, skill, prudence and diligence under the circumstances that a prudent person acting in a fiduciary capacity would use; any loss arising from our adherence to your direction or that of your legal agent; any act or failure to act by a service provider maintaining an account. Federal and state securities laws impose liabilities under certain circumstances on persons who act in good faith and, therefore, nothing contained in this document shall constitute a waiver of any rights that a client can or will have under federal and state securities laws. Nothing in this Agreement can be interpreted to limit or modify the investment adviser’s fiduciary duties to its clients.