Delta Financial Advisors, Inc. (hereinafter referred to as "Delta") is an investment advisory firm offering a variety of advisory services customized to our client’s individual needs. A. Delta was incorporated in Maryland in November 1992. Delta is primarily owned by Joseph Fischetti. B. Delta offers the following advisory services. Each of the services is more fully described below.
• Wealth Management
• Financial Planning and Consulting C. Delta tailors the wealth management services it offers to the client’s individual needs. Client may impose restrictions and/or limitations on the investing in certain securities or types of securities. Delta will ask the client to complete a fact finder or data gathering questionnaire to assist Delta with obtaining information about the client’s financial situation and history. Additionally, Delta will confer with the client and conduct an interview and data gathering session to continue the due diligence process. The information gathered by Delta will assist Delta to provide the client with the requested services and customize the services to the client’s financial situation. Depending on the services the client has requested, Delta will gather various financial information and history, potentially including topics such as:
• Retirement and financial goals
• Investment objectives
• Investment horizon
• Financial needs
• Cash flow analysis
• Cost of living needs
• Education needs
• Savings tendencies
• Other applicable financial information required by Delta order to provide the investment advisory services requested. D. Delta does not participate in any wrap fee programs. E. As of March 5, 2024, the firm has assets under management of Discretionary: $136,122,676 AUM and Non-Discretionary: $52,683,056 AUM. Wealth Management Program After Delta completes its analysis of the client’s situation, Delta will determine an asset allocation strategy tailored to the stated financial goals, objectives and risk tolerance. Periodically, Delta will meet with the client or contact the clients to discuss recommendations for changes within the account and obtain the client's prior authorization before any buy, sell or exchange. Delta provides continuous and ongoing discretionary and non-discretionary management services 5 of 16 based on clients’ individual needs and investment goals and objectives. Generally, Delta requires minimum aggregate investment by the client or members of the client’s household of $100,000. General Information The investment recommendations and advice offered by Delta are generally not legal advice or accounting advice. Delta does provide some accounting/tax services to certain clients for a separate fee. Clients should coordinate and discuss the impact of financial advice with

the clients’ attorney and/or accountant. Clients must inform Delta promptly with respect to any changes in the client’s financial situation and investment goals and objectives. If the client does not notify Delta of changes, Delta’s investment recommendations may not meet the client’s needs. Financial Planning and Consulting Services Delta provides a variety of financial planning and consulting services, principally advisory in nature, to individuals or families regarding the management of their financial resources, based upon analysis of the client's needs. Generally, financial planning services will involve preparing a financial program for a client based on the client's financial circumstances and objectives. Planning services are customized to the client's individual needs and areas where planning is needed. The following advisory services are offered:
• Comprehensive planning
• Cash Flow Analysis
• Retirement planning
• Education planning
• Estate planning
• Tax preparation services and planning strategies
• Insurance and risk analysis
• Divorce planning
• Employee benefits analysis
• Qualified plan analysis and allocation
• Stock options analysis
• Debt management
• Investment planning and risk analysis
• Business owner planning and business transition and succession services
• Elder care planning
• Long term care analysis The program developed for the client will usually include general recommendations for a course of activity or specific actions to be taken by the clients. For example, Delta may recommend that the clients obtain insurance or revise existing coverage, establish an individual retirement account, increase or decrease funds held in savings accounts or invest funds in securities. Financial plans are based on the client's financial situation at the time and are based on financial information disclosed by the client to Delta using certain assumptions with respect to interest and inflation rates and based on past trends and performance of the market and economy. However, past 6 of 16 performance is in no way an indication of future performance. Delta cannot offer any guarantees or promises that client's financial goals and objectives will be met. Further, clients must continue to review any plan and update the plan based upon changes in the client's financial situation, goals, or objectives or changes in the economy. Should client's financial situation or investment goals or objectives change, clients must notify Delta promptly of the changes. Delta is not in a position to provide advice or guidance on all of clients’ possible insurance needs. Therefore, clients should seek other insurance professionals to review all insurance needs.