Nvest Financial, LLC (“Nvest”) was formed on 05/14/2003. The firm was registered with the Securities and Exchange Commission (“SEC”) in 2022. The firm is jointly owned by Nichole Raftopoulos and George Raftopoulos. Nichole Raftopoulos is the Chief Executive Officer of the firm. This Brochure is designed to provide detailed and clear information relating to each item noted in the table of contents. Certain disclosures are repeated in one or more items, and/or other items are referred to in an effort to be as comprehensive as possible on the broad subject matters discussed. Within this Brochure, certain terms in either upper- or lowercase are used as follows:  “We,” “us,” and “our” refer to Nvest.  “Advisor” refers to investment adviser representatives who provide investment recommendations or advice on behalf of Nvest.  “You,” “yours,” and “client” refer to clients of Nvest and its advisors. Description of Services Available Nvest offers a suite of investment advisory services and programs to its advisors for use with their clients. Our investment advisory services and programs are designed to accommodate a wide range of client investment philosophies, goals, needs, and investment objectives. Through these various advisory programs and services, clients have access to a wide range of securities products, including, but not limited to, common and preferred stocks; municipal, corporate, and government fixed income securities; mutual funds; exchange-traded products (“ETPs”); options and derivatives; unit investment trusts (“UITs”); and variable and fixed-indexed insurance products, as well as other products and services, including a variety of asset allocation services, financial planning, and consulting services. Our advisors may also offer advice related to direct participation programs, private placements, and other alternative investments, such as alternative energy programs, research and development programs, leasing programs, real estate programs, and pooled commodities futures programs. Nvest offers the following investment programs and services: Financial Planning Services Nvest provides financial planning services on a wide range of topics, including, but not limited to, budgeting and cash flow analysis, retirement planning, tax planning, estate planning and wealth transfer, risk management and fringe benefit analysis, education planning, and philanthropic and legacy planning. Our financial planning services begin with a formal consultation with the client to determine the client’s assets, liabilities, investment objectives, present and future foreseeable financial obligations, income, and risk tolerance. Using this information, we will create a financial plan consistent with the client’s needs. When the plan is completed, your advisor will meet with you to present the plan and answer any question you may have. You may also engage us for an annual update of your financial plan for an additional charge. The fees for both the initial plan and the annual update are listed in Item 5 of this brochure. Budgeting and Cash Flow Analysis Our advisors will assist clients with creating a personal financial statement as well as creating and monitoring a budget. Retirement Planning Our advisors work with clients to help them financially plan and prepare for their retirement. Once retired, we develop or implement our existing plan with a focus on making sure clients have the right tools in place to overcome financial challenges they may face during this phase of life. Tax Planning Minimizing your current and future tax burdens through financial tax strategies that consider the tax implications of individual, investment, and/or business decisions* Estate Planning and Wealth Transfer The creation of a master plan for the preservation of your estate while alive, and the most efficient manner to transfer your estate at demise through the evaluation of wills, trusts, and other wealth transfer techniques* Rev. 03/245 Risk Management and Fringe Benefit Analysis An assessment to evaluate and minimize financial and other losses potentially associated with risks to your assets, business, health, and/or life. Education Planning Our advisors will perform an analysis of your family’s educational funding needs, including a projection of potential costs and the selection of a vehicle to assist you in meeting your educational funding goals. Philanthropic and Legacy Planning Many of our client relationships have philanthropic and charitable desires that can be integrated into their investment and estate plans through our philanthropic and legacy planning. Retirement Plan Consulting Services Nvest has entered into an agreement with Commonwealth to offer Commonwealth’s Retirement Plan Consulting program. In the Retirement Plan Consulting program, our advisors provide a fee-for-service consulting program whereby advisors offer onetime or ongoing advisory services to qualified retirement plans. Clients may engage Nvest for Retirement Plan Consulting services on a negotiated hourly, flat, fixed, or asset-based fee basis. The maximum annual consulting fee, when stated as a percentage of assets, is 1.50% and is negotiable. Fees may be paid at the time of service, in advance of service, or after service has been rendered. If fees are being charged on an hourly basis, they may not exceed $500 per hour. Through the Retirement Plan Consulting Program, advisors assist plan sponsors with various items based on the specific need of each plan sponsor. These items may include any or all of the following:  Assisting with the sponsor’s fiduciary duties  Providing individualized advice based upon the needs of the plan and/or plan participants Investment policy statement support  Investment selection and monitoring  Overall portfolio composition * We work with qualified financial, legal, and tax professionals who understand the importance of the tax and estate laws. Nvest Financial, LLC is neither a certified public accountant nor an attorney. You should consult a tax or legal professional in those fields regarding your individual situation. We will, however, work together as a team to bring to you coordinated advice for your situation.
Asset Management Services Nvest has entered into an agreement with Commonwealth Financial Network (“Commonwealth”), an SEC-registered investment adviser. Specifically, Commonwealth’s PPS Custom Account Program and PPS Select Account Program, may be offered. For further information on the Program’s mentioned below, refer to Commonwealth’s Form ADV Part 2A and/or Wrap Fee Brochure. PPS Custom The PPS Custom Program enables an advisor to assist the client in developing a personalized investment portfolio using one or more investment types, including, but not limited to, stocks, bonds, mutual funds, exchange-traded funds (“ETFs”), UITs, variable and fixed-indexed annuities, and alternative investments. The advisor acts as portfolio manager with full investment discretion. The PPS Custom Program assesses an asset-based platform fee to generally cover purchase and sale transactions and annual maintenance fee costs. In addition, since the platform fee is household based and the advisor creates each client’s household, advisors who choose to pay the platform fee for their clients have a greater incentive to household a broader aggregation of that client’s accounts as a means to reduce the total platform fee that is paid by the advisor for those client accounts over other clients for whom the advisor has chosen not to pay the platform fee, which is a conflict of interest. Regardless of who pays the platform fee, clients should discuss which accounts will be included within the client’s household by the advisor for purposes of calculation of the platform fee. Clients who choose to open a PPS Custom Program account should carefully consider the costs and benefits of whether they or their advisor should pay the platform fee. PPS Custom Program clients should consider the annual fees, administrative and other charges, revenue-sharing arrangements, and other compensation that Commonwealth and the advisor receive in making a fair and reasonable assessment of the total costs associated with their decision to open and maintain a PPS Custom Program account.
Rev. 03/246 PPS Select The PPS Select Program offers clients a managed account employing specific asset allocation models developed and managed by Commonwealth’s own Investment Management and Research team as a portfolio manager. The account will be made up of a mix of asset classes with weightings based on risk profile, investment objective, individual client preferences, and availability. Clients will have the opportunity to periodically meet with their advisor to review their account. The account may be rebalanced at any time pursuant to the discretionary trading authority clients grant to Commonwealth to help ensure that the account remains within reasonable deviation parameters of the specific PPS Select asset allocation model selected by the client. Nvest’s advisors will collect financial data from clients, help clients determine the appropriateness of the account, and identify the appropriate investment objectives and strategies to be used. Each PPS Select account will have an appropriate percentage mix of asset classes allocated to the account, composed of domestic and/or international fixed income, equity mutual fund shares, ETFs, and/or variable annuity subaccounts. Most often, several asset classes with varying degrees of risk will be used in a client’s portfolio, depending on the client’s risk profile, investment objectives, individual client preferences, and availability. Commonwealth will have complete and unlimited discretionary trading authority to purchase and sell securities in the account, and to liquidate previously purchased securities that may be transferred into the account, in accordance with the investment objectives and model allocations chosen by the client. Clients participating in the PPS Select Program will pay a total account fee that consists of a combination of an advisor fee and a program fee. The advisor fee will be paid to Nvest. Commonwealth retains the program fee to compensate Commonwealth as portfolio manager and to pay custodial and clearing costs. Fees for our asset management services are described in Item 5 of this brochure and are based on the level of assets in your managed account. Wrap Fee Programs Commonwealth’s PPS Custom (Platform) and PPS Select programs, are considered “wrap fee” programs in which the client pays specified fees for portfolio management services and trade execution. Wrap fee programs differ from other programs in that the asset-based fee structure for wrap programs is intended to be largely all inclusive, whereas non- wrap fee programs typically assess trade-by-trade execution costs that are in addition to the asset-based fees. The PPS Select Program is managed in accordance with the investment methodology and philosophy of Commonwealth’s own Investment Management and Research team. The PPS Custom (Platform) program is managed by your advisor in accordance with his or her own investment methodology and philosophy. For the investment advisory services provided to you by our firm and your advisor, we and your advisor receive a portion of the wrap fees you

pay when you participate in any wrap fee program through Nvest. Commonwealth receives a higher portion of the wrap fees you pay when you participate in Commonwealth’s PPS Select programs to compensate for investment management and research services provided by the Commonwealth Investment Management and Research team. For more information relating to our wrap fee programs, please refer to Appendix 1 of Commonwealth’s brochure. The specific advisory program you select may cost you more or less than purchasing program services separately. Factors that bear upon the cost of a particular advisory program in relation to the cost of the same services purchased separately include, but may not be limited to, the type and size of the account; the historical or expected size or number of trades for the account; the types of securities and strategies involved; the amount of fees, commissions, and other charges that apply at the account or transaction level; and the number and range of supplementary advisory and client- related services provided to the account. Lower fees for comparable services may be available from other sources. Rev. 03/247 Program Choices and Conflicts of Interest Clients should be aware that the compensation to Nvest and your advisor will differ according to the specific advisory program chosen. This compensation to us and your advisor may be more than the amounts we would otherwise receive if you participated in another program or paid for investment advice, brokerage, and/or other relevant services separately. As a result of the differences in fee schedules and other sources of compensation that exist among the various advisory programs and services offered by our firm and your advisor, Nvest and your advisor have a financial incentive to recommend a particular program or service over other programs or services. Lower fees for comparable services may be available from other sources. Nvest and your advisor have a financial incentive to recommend advisory programs or services that provide us higher compensation over other comparable programs or services available elsewhere that may cost you less. It is important to understand all the associated costs and benefits of each option so you can decide which types of accounts and services may be best suited for your unique financial goals, investment objective, and time horizon. We encourage you to review Nvest’s Form CRS and to discuss your options with your advisor. Factors that bear upon the cost of a particular advisory program in relation to the cost of the same services purchased separately include, but may not be limited to, the type and size of the account; the historical or expected size or number of trades for the account; the types of securities and strategies involved; the amount of fees and other charges that apply at the account or transaction level; and the number and range of supplementary advisory and client-related services provided to the account. Lower fees for comparable services may be available from other sources. You are under no obligation to engage us for services and are free to use the firm of your choice. No Legal or Tax Advice Investment recommendations and advice offered by Nvest, and its advisors do not constitute legal, tax, or accounting advice. Clients should coordinate and discuss the impact of the financial advice they receive from their advisor with their attorney and accountant. Clients should also inform their advisor promptly of any changes in their financial situation, investment goals, needs, or objectives. Failure to notify the advisor of any material changes could result in investment advice not meeting the changing needs of the client. IRA Rollover Considerations As part of our financial planning services, we may provide you with recommendations and advice concerning your employer retirement plan or other qualified retirement account. We may recommend that you withdraw the assets from your employer’s retirement plan or other qualified retirement account and roll the assets over to an individual retirement account (“IRA”). You are under no obligation, contractually or otherwise, to complete the rollover. Employers may permit former employees to keep their retirement assets in their company plan. Also, current employees can sometimes move assets out of their company plan before they retire or change jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options are available, you should consider the costs and benefits of each. An employee will typically have four options: 1. Leave the funds in your employer’s (former employer’s) plan. 2. Roll over the funds to a new employer’s retirement plan. 3. Cash out and take a taxable distribution from the plan. 4. Roll the funds into an IRA rollover account. Each of these options has advantages and disadvantages. Before making a change, we encourage you to speak with your financial advisor, CPA and/or tax attorney. Before rolling over your retirement funds to an IRA, carefully consider the following. NOTE: This list is not exhaustive. 1. Determine whether the investment options in your employer’s retirement plan address your needs or whether other types of investments are needed. a. Employer retirement plans generally have a more limited investment menu than IRAs. b. Employer retirement plans may have unique investment options not available to the public such as employer securities or previously closed funds.
Rev. 03/248 2. Your current plan may have lower fees than the new IRA. a. If you are interested in investing only in mutual funds, you should understand the cost structure of the share classes available in your employer’s retirement plan and how the costs of those share classes compare with those available in an IRA. b. You should understand the various products and services available through an IRA provider and their potential costs. c. It is likely you will not be charged a management fee and will not receive ongoing asset management services unless you elect to have such services. If your plan offers management services, there may be a fee associated with the service that is higher or lower than the new IRA. 3. The IRA provider’s strategy may have higher risk than the option(s) provided in your plan. 4. Your current plan may offer financial advice, guidance, management, and/or portfolio options at no additional cost. 5. If you keep your assets titled in a 401k or retirement account and you are still working, you could potentially delay your required minimum distribution beyond age 73. 6. Your 401k may offer more liability protection than a rollover IRA; each state may vary. Generally, federal law protects assets in qualified plans from creditors. Since 2005, IRA assets have been generally protected from creditors in bankruptcies; however, there can be exceptions. Consult an attorney if you are concerned about protecting your retirement plan assets from creditors. 7. You may be able to take out a loan on your 401k, but not from an IRA. 8. IRA assets can be accessed any time; however, prior to age 59 1/2, distributions are subject to ordinary income tax and may also be subject to a 10% early distribution penalty unless they qualify for an exception such as disability, higher education expenses, or a home purchase. 9. If you own company stock in your plan, you may be able to liquidate those shares at a lower capital gains tax rate. 10. Your plan may allow you to hire another firm as the manager and keep the assets titled in the plan name. It is important that you understand your options, their features and differences and decide whether a rollover is best for you. If you have questions, you may speak with your advisor for guidance in your specific situation. In addition to complying with applicable SEC rules, Nvest is subject to certain rules and regulations adopted by the U.S. Department of Labor when we provide nondiscretionary investment advice to retirement plan participants and IRA owners. When these DOL rules apply, our advisors and Nvest are “fiduciaries,” for purposes of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, and the Internal Revenue Code of 1986 (“the Code”), as amended. Therefore, Nvest and our advisors may not receive payments that create conflicts of interest when providing fiduciary investment advice to plan sponsors, plan participants, and IRA owners, unless we comply with a prohibited transaction exemption (“PTE”). Nvest and our advisors will comply with ERISA and the Code by using PTE 2020-02. As fiduciaries under ERISA and the Code, we render advice that is in plan participants’ and IRA customers’ best interest. Nvest and our advisors’ status as an ERISA/Code fiduciary is limited to ERISA/Code covered nondiscretionary advice and recommendations regarding rolling over a retirement account and does not extend to all situations. Individualized Services and Client-Imposed Restrictions The investment advisory services provided by our advisors depend largely on the personal information the client provides to the advisor. In order for our advisors to provide appropriate investment advice to, or, in the case of discretionary accounts, make tailored investment decisions for, the client, it is very important that clients provide accurate and complete responses to their advisor’s questions about their financial condition, needs, goals, and objectives and notify the advisor of any reasonable restrictions they wish to apply to the securities or types of securities to be bought, sold, or held in their managed account. It is also important that clients promptly inform their advisor of any changes in their financial condition, investment objectives, personal circumstances, or reasonable investment restrictions pertaining to the management of their account, if any, that may affect their overall investment goals and strategies, or the investment advice provided, or investment decisions made by their advisor. Assets Under Management As of December 31, 2023, Nvest Financial LLC manages $379,824,260 in assets. All assets are managed on a discretionary basis. Rev. 03/249 In addition, Commonwealth offers our firm and our advisors one or more forms of financial benefits based on our total assets in Commonwealth’s PPS Program accounts, as well as financial assistance for transitioning from another firm to Commonwealth. The types of financial benefits that your advisor may receive from Commonwealth include, but are not limited to, forgivable or unforgivable loans, enhanced payouts, and discounts or waivers on transaction, platform, and account fees; technology fees; research package fees; financial planning software fees; administrative fees; brokerage account fees; account transfer fees; licensing and insurance costs; and the cost of attending conferences and events. The enhanced payouts, discounts, and other forms of financial benefits that your advisor may have the opportunity to receive from Commonwealth provide a financial incentive for our firm and your advisor to select Commonwealth as broker/dealer for your accounts over other broker/dealers from which they may not receive similar financial benefits. Please see items 12 and 14 of this Brochure for more detailed information about these types of conflicts and our relationship with Commonwealth.