2 Financial Planning and Consulting Services Beacon offers clients a broad range of financial planning and consulting services, which may include any or all of the following functions:
• Investment Management Services
• Personal Financial Planning
• Insurance Management and Consulting
• IRA Rollovers from Qualified Plans
• Tax Planning
• Manager Due Diligence
• Retirement Planning
• Trust and Estate Planning While each of these services is available on a stand-alone basis, certain of them may also be rendered in conjunction with investment portfolio management as part of a comprehensive wealth engagement (described in more detail below). In performing these services, Beacon is not required to verify any information received from the client or from the client’s other professionals (e.g. attorneys, accountants, etc.) and is expressly authorized to rely on such information. Beacon may recommend clients engage the Firm for additional related services and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest exists for the Firm to recommend that clients engage Beacon or its affiliates to provide (or continue to provide) additional services for compensation. Clients retain absolute discretion over all decisions regarding implementation of any financial planning or consulting engagement and are under no obligation to act upon any of the recommendations made in such engagement. Clients are also advised that it is their responsibility to promptly notify the Firm of any change in their financial or investment objectives for the purpose of reviewing, evaluation or revising Beacon’s recommendations and/or services. A personal financial plan may be offered at no additional costs after evaluating multiple facets of the client’s overall financial picture. Such plan may include financial analysis, cash flow analysis, investment portfolio design, asset allocation, education-planning, risk analysis, estate planning and retirement planning. Clients retain absolute discretion regarding implementation of any or all of client’s financial plan and are under no obligation to act upon any recommendations made in such financial plan. Use of Independent Managers As mentioned above, Beacon may select certain Independent Managers to actively manage a portion of its clients’ assets. The specific terms and conditions under which Beacon engages an Independent Manager on behalf of the Client are set forth in the Client’s Financial Advisory Agreement and/or a Limited Power of Attorney (LPOA) which is used to add trading access for the sub-advisor (Independent Manager). In addition to this brochure, clients may also receive the written disclosure documents of the respective Independent Managers to manage their assets. Beacon evaluates a variety of information about Independent Managers, which may include the Independent

Managers’ public disclosure documents, materials supplied by the Independent Managers themselves and other third-party analyses it believes are reputable. To the extent possible, the Firm seeks to assess the Independent Managers’ investment strategies, past performance and risk results in relation to its clients’ individual portfolio allocations and risk exposure. Beacon also takes into consideration each Independent Managers’ management style, returns, reputation, financial strength, reporting, pricing and research capabilities, among other factors. Beacon continues to provide services relative to the discretionary selection of Independent Managers. On an ongoing basis, the Firm monitors the performance of those accounts being managed by Independent Managers. Beacon seeks to ensure the Independent Managers’ strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests. Fees for independent managers are included in the Client’s advisory fee. Beacon offers services on a fee basis, which may include fixed fees, hourly fees, as well as fees based upon assets under management or advisement. The firm does not, in any case, take receipt of $1200 or more in prepaid fees in excess of six months in advance of services rendered. Wealth Management Fees Depending on the particular client engagement, Beacon offers investment services for an annual fee based on the amount of assets under the Firm’s management. This management fee typically range from 0.50% - 1.25%. However, individual fees may be negotiable based on total Household assets under management. See “Fee Discretion” section below for additional details. The annual fee is prorated and charged quarterly, in advance based upon the market value of the assets being managed by Beacon on the last day of the previous billing period. If assets are deposited or withdrawn from an account after the inception of a billing period, the fee payable with respect to such assets is adjusted to reflect the interim change in portfolio value. For the initial period of an engagement, the fee is calculated on a pro rata basis. In the event the advisory agreement is terminated, the fee for the final billing period is prorated through the effective date of the termination and the outstanding or unearned portion of the fee is charged or refunded to the client, as appropriate. If a Client utilizes Independent Managers, the fees charged may be more or less than set out above as each manager determines their own fees. For your specific fees, see your Financial Advisory Agreement. While the Firm typically offers financial planning on a complimentary basis, it has the option of charging fixed or hourly fees under a wealth management agreement. Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g., held-away assets, accommodation accounts, alternative investments, etc.),