MAIN LINE RETIREMENT ADVISORS, LLC

150 N. Radnor Chester Road #F200 Radnor, PA 19087 800.480.8681 2 O’Brien Ave Whitefish, MT 59937 406.862.3795 Disclosure Brochure February 27, 2025 This brochure provides information about the qualifications and business practices of Main Line Retirement Advisors, LLC, d/b/a Heartstone Advisors. If you have any questions about the contents of this brochure, please contact us at 800.480.8681. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Main Line Retirement Advisors, LLC is a registered investment adviser. Heartstone Advisors is a doing business as designation for Main Line Retirement Advisors, LLC. Registration of an investment adviser does not imply any level of skill or training. Additional information about Main Line Retirement Advisors, LLC, d/b/a Heartstone Advisors, is also is available on the SEC’s website at www.adviserinfo.sec.gov. Material Changes Main Line Retirement Advisors, LLC, d/b/a Heartstone Advisors (hereinafter “we, us, our, ours”) provides this Brochure initially when we enter into an advisory agreement with you. Going forward, we will deliver a summary of material changes and/or an updated Brochure on an annual basis, no later than April 29 of each year. 0  Main Line Retirement Advisors, LLC, d/b/a Heartstone Advisors has made the following Material Changes to our Brochure since our last Brochure filings March 2023: There have been no material changes since our last filing. We may also provide updated disclosure information about material changes on a more frequent basis. Any summaries of changes will include the date of our last annual update of our brochure. Currently, our brochure may be requested by contacting Alfred F. Matarazzo, Chief Compliance Officer, at 800.480.8681. We will provide you with a new brochure at any time without charge. information about us is available via Additional the SEC’s website: www.adviserinfo.sec.gov. This website also provides information about any persons affiliated with us who are registered as investment adviser representatives (“your advisory representative”) of ours. Information on our investment adviser representatives who work with your account can be found in our brochure supplements. CRD Number 284780 SEC Number 801-108390  Table of Contents Advisory Business .......................................................................................................................................... 1 Individual Wealth Management Services .................................................................................................. 1 Corporate Retirement Consulting ............................................................................................................. 3 Assets Under Management ....................................................................................................................... 3 Third Party Investment Advisory Services ................................................................................................. 3 Fees and Compensation ................................................................................................................................ 4 Fees for Individual Wealth Management Services .................................................................................... 4 Fees for Corporate Retirement Consulting ................................................................................................ 4 Fees for Third Party Investment Advisory Services .................................................................................... 7 Compensation for the Sale of Securities or Other Investment Products ................................................... 7 Performance-Based Fees ............................................................................................................................... 7 Types of Clients ............................................................................................................................................. 7 Methods of Analysis, Investment Strategies and Risk of Loss ....................................................................... 8 Disciplinary Information ................................................................................................................................ 9 Other Financial Industry Activities and Affiliations ........................................................................................ 9 Code of Ethics; Participation or Interest in Client Transactions and Personal Trading .................................. 9 Brokerage Practices ..................................................................................................................................... 10 Review of Accounts ..................................................................................................................................... 12 Client Referrals and Other Compensation ................................................................................................... 13 Custody ....................................................................................................................................................... 14 Investment Discretion ................................................................................................................................. 15 Voting Client Securities ............................................................................................................................... 15 Financial Information .................................................................................................................................. 15 Brochure Supplement ................................................................................................................................. 17 Brochure Supplement ................................................................................................................................. 20  Advisory Business Main Line Retirement Advisors, LLC is a Limited Liability Company organized under the laws of Pennsylvania. Al Matarazzo, Jr. is the principal owner and founded the Malvern, PA-based investment advisory firm in 2016. Main Line Retirement Advisors, LLC is a SEC registered investment advisory firm. In addition to Main Line Retirement Advisors, LLC, we offer these investment advisory services under the brand HeartStone Advisors as well, which is a “doing business as” designation for Main Line Retirement Advisors, LLC. Both Main Line Retirement Advisors, LLC and our d/b/a Heartstone Advisors are referred herein collectively as “we, us, our and/or ours.” We trace our roots back to Main Line Financial Advisors, a wholistic wealth planning firm founded in 1958 by Alfred Matarazzo Sr. outside of Philadelphia, PA. Individual Wealth Management Services Our firm offers individual wealth management services through the our Wealth Management Program . on a discretionary or non-discretionary basis. Discretionary investment management means that we may execute securities transactions in your account without your prior approval. Non-discretionary advisory services means we must have your consent or instruction before executing securities transactions. Account supervision is guided by the client's stated objectives (e.g. conservative, moderate, balanced, growth, aggressive), as well as tax considerations. Clients may impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Our investment recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company and will generally include advice regarding the following securities: ➢ Exchange-listed securities ➢ Securities traded over-the-counter ➢ Foreign issuers ➢ Corporate debt securities (other than commercial paper) 1  ➢ Commercial paper ➢ Certificates of deposit ➢ Municipal securities ➢ Variable life insurance ➢ Variable annuities ➢ Mutual fund shares ➢ United States governmental securities ➢ Options contracts on securities ➢ Interests in partnerships investing in real estate Because some types of investments involve certain additional degrees of risk, they will only be implemented/recommended when consistent with the client's stated investment objectives, tolerance for risk, liquidity and suitability. Our firm also provides Comprehensive Wealth Management Services to clients which include all of the services listed above plus certain financial planning services which may involve tax planning, retirement planning, risk management analysis, estate planning, cash flow planning, business planning and/or education planning. With a client’s consent, our firm may also provide discretionary and non- discretionary individual wealth management services to client’s “Held Away Accounts.” Held Away Accounts are assets held at custodians that are not directly accessible by our firm. The custody and management of Held Away Accounts are discussed in greater detail in Item 15, Custody. Clients who request individual wealth management services for Held Away Accounts must agree to the Pontera Order Management System (“Pontera”) End User Terms and Condition and Privacy Policy, and must further agree to keep our firm appraised of any changes to the user name and password access credentials for the Held Away Accounts. We do not use client’s usernames or passwords to manage Held Away Accounts. Rather, such access credentials are provided to Pontera, which grants us access to the Held Away Accounts for viewing and trading authority only. We are only able, through the Pontera system, to view the holdings and balances of Held Away Accounts and enter trades in the Held Away Accounts under our discretionary or 2  non-discretionary authority. As described below, services will be invoices against the client’s other accounts that are held by our qualified custodian(s). Corporate Retirement Consulting We assist corporate retirement plan sponsors by serving as their investment and fiduciary advisor, helping them meet the needs of their employees while working within increasingly stringent guidelines put in place by ERISA. Our service model involves implementing customized processes designed to help sponsors manage their organization’s plan as effectively as possible, including quarterly reporting, ERISA compliance and, when requested, assisting with employee allocations. As part of a comprehensive corporate retirement plan management strategy, we regularly monitor plan fees and costs and review the overall performance of investment options. Significant cost savings from providers and vendors may be realized through aggressive negotiation and process improvement. Among other functions, we will design and help implement an investment policy statement, propose funds to watch and make recommendations regarding investment changes within the plan, monitor existing investment options and conduct participant education seminars. Assets Under Management As of December 31, 2024, we managed approximately $394,229,834 in client assets on a discretionary basis (where we made all investment decisions). We did not have any client assets managed on a non-discretionary basis (where our clients made the investment decisions based upon our recommendations). Third Party Investment Advisory Services We may recommend that all or a portion of your portfolio be allocated to an unaffiliated third party investment manager. We have entered into an agreements with a third party investment manager to provide investment management services for select clients. We will use the information you have provided about your investment objectives, goals, and risk tolerances, as well as other relevant 3  information, to identify if a third party investment manager appears appropriate for you. Specifically, through a third party management agreement, we offer customers and prospective customers investment advisory services provided by Vanguard Third Party Investment Advisory Services. Fees and Compensation Fees for Individual Wealth Management Services We offer our individual wealth management services on a fee basis, which is based on a percentage of the assets under management in your account(s). In addition to our advisory fee, you may also incur transaction fees, including custodian charges, brokerage commissions, transaction costs, reporting and withdrawal fees and other account expenses associated with the management of your investment account. Specifically, in addition to our fee, you may incur the following additional costs: . ➢ custodial fees, ➢ brokerage commissions, ➢ transaction fees, ➢ internal fees and expenses charged by mutual funds or exchange traded funds (“ETFs”), and ➢ other fees and taxes on brokerage accounts and securities transactions. Fees for Corporate Retirement Consulting Depending on the scope of the engagement, annualized fees range from 15 to 65 basis points (0.15% - .65%) based on the total plan assets. These asset-based fees are charged in advance generally on a quarterly basis and on a blended tiered basis. The fee will be calculated based on the value of the Program Assets in the account on the last day of the previous quarter, as determined by the account custodian. 4  There is no proration of fees based upon inflows or outflows during a calendar quarter. All fees are in addition to any fees paid for brokerage or custody arrangements (see below). In addition, fees to the plan administrator are covered under separate agreement between the two parties. Fees are invoiced to the plan sponsor and are automatically debited from the plan assets pursuant to written agreement. All fees are negotiable depending upon the size and complexity of the plan assets and program offered. Advisor may amend the fee amount with 90 days written notice to the plan sponsor. You must authorize us to have the custodian/broker-dealer pay us directly by charging your account. This authorization must be provided in writing. One-fourth of the annual fee is charged each calendar quarter. Quarterly Fee Calculation Assets under Management X Annual Fee ÷ 4 = Quarterly Fee Your custodian/broker-dealer provides you with statements that show the amount paid directly to us. You should review the custodian/broker-dealer’s statement and verify the calculation of our fees. Your custodian/broker-dealer does not verify the accuracy of fee calculations. In addition to our fee, you may be required to pay other charges such as: 5  ➢ custodial fees, ➢ brokerage commissions, ➢ transaction fees, ➢ internal fees and expenses charged by mutual funds or exchange traded funds (“ETFs”), and ➢ other fees and taxes on brokerage accounts and securities transactions. The asset-based advisory fee payable for management of Held Away Account assets (as defined below in Items 4 and 15) will be deducted directly from one of your other custodian/broker-dealer accounts. If there are insufficient funds available in another account or if we believe that deducting the fee from another account would be prohibited by applicable law, we will invoice you. Invoices must be paid within thirty (30) days of receipt and will bear interest after it becomes due and payable and shall continue to accrue interest until payment is made at a rate equal to the lesser of either (a) two percent (2%) above the prime rate as reported by Federal Reserve Bank of New York, located in New York, New York, as of the date such payment was due and payable, or (b) the maximum rate permitted by applicable law. In the event you terminate our advisory agreement, all prepaid advisory fees will be returned to you on a pro rata basis determined by the number of days remaining in the quarter of termination. Mutual fund companies, ETFs, and variable annuity issuers charge internal fees and expenses for their products. These fees and expenses are in addition to any advisory fees charged by us. Complete details of these internal fees and expenses are explained in the prospectuses for each investment. You are strongly encouraged to read these explanations before investing any money. You may ask us any questions you have about fees and expenses. If you purchase mutual funds through the custodian/broker-dealer, you may pay a transaction fee that would not be charged if the transactions were made directly through the mutual fund company. Also, mutual funds held in accounts at brokerage firms may pay internal fees that are different from funds held at the mutual fund company. While you may purchase shares of mutual funds directly from the mutual fund company without a transaction fee, those investments would not be part of our 6  advisory relationship with you. This means that they would not be included in our investment strategies, investment performance monitoring, or portfolio reallocations. Please be sure to read the section entitled “Brokerage Practices,” which follows later in this brochure. Fees for Third Party Investment Advisory Services The advisory services provided by third party investment managers, such as Vanguard Third Party Investment Advisory Services, and the fees they charge for those services are detailed in their respective disclosure brochures. We will provide you with a copy of the brochure for each investment manager recommended to you. The fees paid to third party investment managers are in addition to the fees paid to us for the advisory services provided by us and will appear separately on your custodial statements. For Vanguard Third Party Investment Advisory Services, customers will pay .20% of assets under management for the first $50 million, .18% for assets of $50 million to $100 million, and .15% for assets of $100 million to $500 million. Compensation for the Sale of Securities or Other Investment Products Our advisory representatives do not collect any other forms of compensation. Performance-Based Fees Performance-based fees are designed to give a portion of the returns of an investment to the investment adviser as a reward for positive performance. The fee is generally a percentage of the profits made on the investments. We do not charge performance-based fees on any of our client accounts. Types of Clients We also provide retirement plan services to corporations or business entities including their pension and profit-sharing plans. 7  As a condition for starting and maintaining an advisory relationship, we generally require for investment advisory services is $1,000,000. We, at our sole discretion, may accept clients with smaller portfolios based upon certain factors including anticipated future earning capacity, anticipated future additional assets, account composition, related accounts, and pre-existing client relationships. We may consider the portfolios of your family members to determine if your portfolio meets the minimum size requirement. Methods of Analysis, Investment Strategies and Risk of Loss We select specific investments for your portfolios through the use of fundamental and technical analysis, as well as, charting. Fundamental analysis is a method of evaluating a company that has issued a security by attempting to measure the value of its underlying assets. It entails studying overall economic and industry conditions as well as the financial condition and the quality of the company’s management. Earnings, expenses, assets, and liabilities are all important in determining the value of a company. The value is then compared to the current price of the issuing company’s security to determine whether to purchase, sell or hold the security. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a security's intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity. Charting involves identifying patterns that can suggest future activity in price movements. A chart pattern is a distinct formation on a stock chart that creates a trading signal or a sign of future price movements. Chartists use these patterns to identify current trends and trend reversals to trigger buy and sell signals. Some of the chart types are Line Charts, Bar Charts, Candlestick, Point and Figure, etc. Although we manage your portfolio in a manner consistent with your risk tolerances, there can be no guarantee that our efforts will be successful. You should be prepared to bear the risk of loss. 8  in earnings (including All investments involve the risk of loss, including (among other things) loss of principal, a reduction interest, dividends and other distributions), and the loss of future earnings. These risks include market risk, interest rate risk, issuer risk, and general economic risk. Our investment strategies may include long-term and short-term purchases and sales, and the use of options, and trading (securities sold within 30 days). You may place reasonable restrictions on the strategies to be employed in your portfolio and the types of investments to be held in your portfolio. Disciplinary Information We have not been the subject of any legal or disciplinary events that would be material to your evaluation of our business or the integrity of our management. Other Financial Industry Activities and Affiliations Al Matarazzo, Jr., managing partner and Chief Compliance Officer of Main Line Retirement Advisors, LLC and Heartstone Advisors, and maintained no other industry affiliations. Information about your advisory representative’s financial industry activities and affiliations is disclosed in the advisory representative’s brochure supplement which you will receive with this brochure. Additional information about your advisory representative is also available at www.adviserinfo.sec.gov. Code of Ethics; Participation or Interest in Client Transactions and Personal Trading We have adopted a Code of Ethics (“Code”) to address the securities-related conduct of our advisory representatives and employees. The Code includes our policies and procedures developed to protect your interests in relation to the following: ➢ the duty at all times to place your interests ahead of ours; ➢ that all personal securities transactions of our advisory representatives and employees be conducted in a manner consistent with the Code and avoid any 9  interest, or any abuse of an advisory actual or potential conflict of representative’s or employee’s position of trust and responsibility; ➢ that advisory representatives may not take inappropriate advantage of their positions; ➢ that information concerning the identity of your security holdings and financial circumstances are confidential; and ➢ that independence in the investment decision-making process is paramount. We will provide a copy of the Code to you or any prospective client upon request. We do not buy or sell securities for our firm that we also recommend to clients. Our advisory representatives and employees are permitted to buy or sell the same securities for their personal and family accounts that are bought or sold for your account(s). The personal securities transactions by advisory representatives and employees may raise potential conflicts of interest when they trade in a security that is owned by your or considered for purchase or sale for you. We have adopted policies and procedures that are intended address these conflicts of interest. These policies and procedures: ➢ require our advisory representatives and employees to act in your best interest, ➢ prohibit favoring one client over another, and ➢ provide for the review of transactions to discover and correct any same-day trades that result in an advisory representative or employee receiving a better price than a client. Advisory representatives and employees must follow our procedures when purchasing or selling the same securities purchased or sold for you. Brokerage Practices We may recommend that the broker-dealer/custodian for your account be Charles Schwab & Co., Inc. (hereinafter, referred to as “the broker dealer/custodian”). The broker dealer/custodian will assist us in servicing your accounts. We are independently owned and operated and not affiliated with the broker dealer/custodian. Our use of the broker dealer/custodian is, however, a beneficial business arrangement. Information regarding the benefits of this relationship is described below. 10  Our recommendation of a specific custodian is based in part on our existing relationships; the custodian’s financial strength; reputation; breadth of investment products; and, the cost and quality of custody and brokerage services provided to you and our other clients. The determining factor in the selection of the broker dealer/custodian to execute transactions for your accounts is not the lowest possible transaction cost, but whether the broker dealer/custodian can provide what is in our view the best qualitative execution for your account. In addition to brokerage and custody services, services customarily made available to advisers include access to investments generally available to institutional investors; research; software; and educational opportunities. Custodians may also make available or arrange for these types of services to be provided to us by independent third parties. Custodians may discount or waive the fees they would otherwise charge for some of the services they make available to us. They may also pay all or a part of the fees of a third party providing these services to us. We receive economic benefits as a result of our relationship with the custodians because we do not have to produce or purchase the products and services listed above. These services are not contingent upon us committing any specific amount of business to the custodians in trading commissions. We do not enter into soft- dollar arrangements with custodians or brokers. Because the products or services we receive may vary depending on the custodian/broker-dealer we recommend to be used by our clients, we may have a conflict of interest in making that recommendation. Our recommendation of specific broker dealer/custodian may be based in part on the economic benefit to us and not solely on the nature, cost or quality of custody and brokerage services provided to you and our other clients. We nonetheless strive to act in your best interests at all times. Commissions and other fees for transactions executed through the broker dealer/custodian may be higher than commissions and other fees available if you 11  use another custodian/broker-dealer firm to execute transactions and maintain custody of your account. We believe, however, that the overall level of services and support provided to our clients by the broker dealer/custodian outweighs the benefit of possibly lower transactions cost which may be available under other brokerage arrangements. Many of the services described above may be used to benefit all or a substantial number of our accounts, including accounts not maintained at through the broker dealer/custodian. We do not attempt to allocate these benefits to specific clients. You may direct us in writing to use a particular broker-dealer to execute some or all of the transactions for your account. If you do so, you are responsible for negotiating the terms and arrangements for the account with that broker-dealer. We may not be able to negotiate commissions, obtain volume discounts, or best execution. In addition, under these circumstances a difference in commission charges may exist between the commissions charged to clients who direct us to use a particular broker or dealer and other clients who do not direct us to use a particular broker or dealer. Review of Accounts All accounts are reviewed with you by your assigned advisory representative, initially and at least annually or as agreed upon with you. The reviews focus on consistency of portfolio investments with investment objectives and risk tolerances. In addition, investment constraints are considered and tested against portfolio holdings. These constraints include but are not limited to: ➢ time horizon, ➢ liquidity needs, ➢ tax considerations, ➢ legal/regulatory constraints and ➢ any other unique circumstances. We will monitor accounts on an ongoing basis. Account reviews may be triggered by potential changes in general economic and market conditions, analyst reports, company news and interest rate movement. There is no limit to the number of accounts assigned to the reviewer. 12  As previously noted, we strongly encourage you to advise your advisory representative of any changes in your personal circumstances, your investment goals or objectives, and your risk tolerances to ensure that your investments and investment strategies are most appropriate for you. We do not perform review of financial plans unless you request us to do so. Our advisory representatives perform reviews in the ordinary course of their duties. Review of pension client assets will be conducted in accordance with the specific contract with each plan sponsor. All reviews will be conducted by Alfred Matarazzo, Jr. and our team. You will receive statements from the custodian/broker-dealer at least quarterly. These statements identify your current investment holdings, the cost of each of those investments, and their current market values. Client Referrals and Other Compensation We may enter into written agreements with certain unaffiliated investment advisers and other professionals (such as CPAs, attorneys, etc.) to compensate them for referring clients to us. We will pay these individuals (referred to as “promoters”) a percentage of the advisory fee that you pay us if it is determined that you have become a client of ours as a result of their direct or indirect efforts. The payments we make to a promoter will not result in an increase in the amount of the advisory fee that the referred client will pay. Our solicitation or referral arrangements will comply with applicable laws that govern the nature of the services provided, the fees to be paid, disclosure of promoter arrangements to clients, and client consents, as required. We receive certain economic benefits as a result of our participation in a custodian institutional program. Those benefits are described in detail in the preceding section entitled “Brokerage Practices.” As noted above, we may receive compensation when we refer you to third party asset managers. In practice, we do not receive any additional compensation for third party asset manager. This possible compensation arrangement creates a conflict of interest because we have an incentive to recommend those third party 13  asset managers based on the compensation we receive rather than what’s in your best interest. We address this conflict by disclosing it to you. Additionally, as fiduciaries we place your interests above our own in determining whether a referral to a third party asset manager is appropriate for you. You are under no obligation to use the services of a third party asset manager we recommend. Custody Your account is maintained by a qualified custodian. However, we may be deemed to have custody when you authorize us to deduct our fees from your account. You will receive statements from the custodian/broker-dealer that holds your investment account on at least a quarterly basis. The statements will show the amount of our fee that was deducted and other charges assessed against your account(s). We urge you to carefully review these statements. You should verify that the transactions in your account are consistent with your investment goals and the objectives for your account. We also encourage you to contact your advisory representative or our Chief Compliance Officer should you have any questions or concerns regarding your account. Certain client accounts subject to our services may be held at a custodian that is not directly accessible by the us (“Held Away Accounts”). We may, but are not required to, manage these Held Away Accounts using the Pontera Order Management System (“Pontera”). Pontera allows us to view and manage these assets on a discretionary or non-discretionary basis. To manage Held Away Account, a client must agree to the Pontera End User Terms and Conditions and Privacy Policy and must further agree to keep us apprised of any changes to the client’s usernames and passwords for the Held Away Accounts so that we can promptly update the client’s credentials using the Pontera system. The client also must agree to promptly address any requests to update applicable login credentials when requested by the Pontera system. In the event of any delay by a client to update applicable login credentials, the client must acknowledge in the advisory agreement that we will not have access to view or manage the Held Away Account, which may result in investment losses or inadvertently incorrect valuations being used in the billing process under the investment management agreement. We will not be responsible for any losses arising from a client’s delays in updating login credentials through the Pontera system and we will be under no obligation to credit any fees for valuations made in 14  good faith during periods when we did not have access to any Held Away Account in calculating its fees under the investment management agreement. Investment Discretion We offer our advisory services on a discretionary and non-discretionary basis. Discretionary means that we do not need advance approval from you to determine the type and amount of securities to be bought and sold for your accounts. Non-discretionary means that we need advance approval from you to determine the type and amount of securities to be bought and sold for your accounts. We do not have the ability to withdraw funds from your account (other than to withdraw our advisory fees which, may only be done with your prior written authorization.) This discretion is used in a manner consistent with the stated investment objectives for your account, if you have given us written authorization to do so. We only exercise discretion in accounts where we have been authorized by you. This authorization is typically included in the investment advisory agreement you enter into with us. Voting Client Securities We do not take any action or give any advice with respect to voting of proxies solicited by or with respect to the issuers of securities in which your accounts may be invested. In addition, we do not take any action or give any advice with respect to any securities held in any accounts that are named in or subject to class action lawsuits. You will receive proxy information from your account custodian. We will, however, forward to you any information received by us regarding proxies and class action legal matters involving any securities held in your accounts. Financial Information We have no financial commitment that impairs our ability to meet contractual and fiduciary commitments to you and we have not been the subject of a bankruptcy proceeding. 15  16  Alfred F. Matarazzo, Jr. 150 N. Radnor Chester Road #F200 Radnor, PA 19087 800.480.8681 2 O’Brien Ave Whitefish, MT 59937 406.862.3795 Brochure Supplement February 27, 2025 This brochure supplement provides information about Al Matarazzo, Jr. that supplements the Main Line Retirement Advisors, LLC dba HeartStone Advisors brochure. You should have received a copy of that brochure. Please contact Al Matarazzo, Chief Compliance Officer, if you did not receive Main Line Retirement Advisors LLC’s brochure or if you have any questions about the contents of this supplement. Additional information about Al Matarazzo, Jr, CRD Number 2232383, is available on the SEC’s website at www.adviserinfo.sec.gov. 17  Educational Background and Business Experience Alfred Matarazzo, Jr. Year of birth: 1970 Formal education includes: ➢ Albright College - 1993, B.S., Finance and Economics Business background includes: ➢ Main Line Retirement Advisors, LLC - Advisory Representative, Chief Compliance Officer, Managing Partner (2016 – Present) ➢ Main Line Financial Advisors, LLC - Advisory Representative; Owner (1992 – 2018) ➢ Csenge Advisory Group, Inc – Advisory Representative (2016 – 2018) ➢ FSC Securities Corporation – Registered Representative (1992 – 2018) Professional Designations CHARTERED MUTUAL FUND COUNSELOR® (“CMFC”) The CMFC Program is the only industry-recognized mutual fund designation. It is the result of collaboration between the College for Financial Planning® and the Investment Company Institute (ICI), the primary trade association for the mutual fund industry. The program’s quality and thoroughness reflect the combined experience and expertise of the College and the ICI. This program provides an individual with a thorough knowledge of mutual funds and their various uses as investment vehicles. The College for Financial Planning® awards the CHARTERED MUTUAL FUND COUNSELORSM and CMFC® designation to students who: ➢ successfully complete the program; ➢ pass the final examination; and ➢ comply with the Code of Ethics, which includes agreeing to abide by the Standards of Professional Conduct and Terms and Conditions. 18  Applicants must also disclose of any criminal, civil, self-regulatory organization, or governmental agency inquiry, investigation, or proceeding relating to their professional or business conduct. Conferment of the designation is contingent upon the College for Financial Planning’s review of matters either self-disclosed or which are discovered by the College that are required to be disclosed. Successful students are granted the right to use the designation on correspondence and business cards for a two-year period. Continued use of the CMFC® designation is subject to ongoing renewal requirements. Every two years individuals must renew their right to continue using the CMFC® designation by: ➢ completing 16 hours of continuing education; ➢ reaffirming to abide by the Standards of Professional Conduct, Terms and Conditions, and self disclose any criminal, civil, self-regulatory organization, or governmental agency inquiry, investigation, or proceeding relating to their professional or business conduct; and ➢ paying a biennial renewal fee. Disciplinary Information Alfred Matarazzo, Jr. has not been the subject of any legal or disciplinary event. Other Business Activities Mr. Matarazzo has no other business activities. Additional Compensation Mr. Matarazzo receives no additional compensation. Supervision Mr. Matarazzo is Managing Partner of Main Line Retirement Advisors, LLC. As such, there is no employee in a position to supervise him. Mr. Matarazzo is bound by the firm’s Code of Ethics and compliance procedures, as well as the advisory contracts executed by our clients. You may reach Mr. Matarazzo at 800.480.8681. 19  Zachary T. Matarazzo 150 N. Radnor Chester Road #F200 Radnor, PA 19087 800.480.8681 2 O’Brien Ave Whitefish, MT 59937 406.862.3795 Brochure Supplement February 27, 2025 This brochure supplement provides information about Zachary Matarazzo that supplements the Main Line Retirement Advisors, LLC dba HeartStone Advisors brochure. You should have received a copy of that brochure. Please contact Al Matarazzo, Chief Compliance Officer, if you did not receive Main Line Advisor’s brochure or if you have any questions about the contents of this supplement. Additional information about Zachary Matarazzo CRD Number 6889116, is available on the SEC’s website at www.adviserinfo.sec.gov. 20  Educational Background and Business Experience Zachary T. Matarazzo Year of birth: 1995 Formal education includes: ➢ Bucknell University – (2013 – 2017), Bachelor of Business Administration, Financial Management Business background includes: ➢ Main Line Retirement Advisors, LLC – Partner (06/2017 – Present) Professional Designations CERTIFIED FINANCIAL PLANNER™ professional I am certified for financial planning services in the United States by Certified Financial Planner Board of Standards, Inc. (“CFP Board”). Therefore, I may refer to myself as a CERTIFIED FINANCIAL PLANNER™ professional or a CFP® professional, and I may use these and CFP Board’s other certification marks (the “CFP Board Certification Marks”). The CFP® certification is voluntary. No federal or state law or regulation requires financial planners to hold the CFP® certification. You may find more information about the CFP® certification at www.CFP.net. CFP® professionals have met CFP Board’s high standards for education, examination, experience, and ethics. To become a CFP® professional, an individual must fulfill the following requirements: • Education – Earn a bachelor’s degree or higher from an accredited college or university and complete CFP Board-approved coursework at a college or university through a CFP Board Registered Program. The coursework covers the financial planning subject areas CFP Board has determined are necessary for the competent and professional delivery of financial planning services, as well as a comprehensive financial plan development capstone course. A candidate may satisfy some of the coursework requirement through other qualifying credentials. CFP Board implemented the bachelor’s degree or higher requirement in 2007 and the financial planning development capstone course requirement in March 2012. Therefore, a CFP® professional who first became certified before those dates may not have earned a bachelor’s or higher degree or completed a financial planning development capstone course. • Examination – Pass the comprehensive CFP® Certification Examination. The examination is designed to assess an individual’s ability to integrate and apply a broad base of financial planning knowledge in the context of real-life financial planning situations. 21  • Experience – Complete 6,000 hours of professional experience related to the personal financial planning process, or 4,000 hours of apprenticeship experience that meets additional requirements. • Ethics – Satisfy the Fitness Standards for Candidates for CFP® Certification and Former CFP® Professionals Seeking Reinstatement and agree to be bound by CFP Board’s Code of Ethics and Standards of Conduct (“Code and Standards”), which sets forth the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements to remain certified and maintain the right to continue to use the CFP Board Certification Marks: • Ethics – Commit to complying with CFP Board’s Code and Standards. This includes a commitment to CFP Board, as part of the certification, to act as a fiduciary, and therefore, act in the best interests of the client, at all times when providing financial advice and financial planning. CFP Board may sanction a CFP® professional who does not abide by this commitment, but CFP Board does not guarantee a CFP® professional's services. A client who seeks a similar commitment should obtain a written engagement that includes a fiduciary obligation to the client. • Continuing Education – Complete 30 hours of continuing education every two years to maintain competence, demonstrate specified levels of knowledge, skills, and abilities, and keep up with developments in financial planning. Two of the hours must address the Code and Standards. AIF®--Accredited Investment Fiduciary Fiduciary 360 (fi360) provides fiduciary education; professional designations and support; and analytical, reporting and client management technology which are designed to support the fi360 Prudent Practices. The Accredited Investment Fiduciary® (AIF) designation is designed to educate investment fiduciaries on fi360’s Prudent Practices, their legal underpinnings and how to apply them within existing fiduciary policies and procedures. The AIF Training curriculum is offered in distance education or a blended learning option to suit each student’s needs. Each format culminates in the 60 question AIF examination, which must be passed with 75% correct answers in order to file for the AIF designation. After passing the exam, a student wishing to file for the AIF Designation must submit the accreditation application and accreditation fee. In order to earn and maintain the AIF Designation, individuals must also fulfill the following requirements: ➢ Meet prerequisite requirements through a sufficient combination of experience, education, licensing, and/or industry credentials. ➢ Attest to the AIF Code of Ethics. ➢ Comply with the AIF qualification and conduct standards. ➢ Accrue six hours of continuing professional education each renewal year with at least four coming from fi360-produced sources. ➢ Maintain current contact information in fi360’s designee database Disciplinary Information Zachary Matarazzo has not been the subject of any legal or disciplinary event. Other Business Activities 22  Mr. Matarazzo is not engaged in any business activities other than those related to Main Line Retirement Advisors, LLC Additional Compensation Mr. Matarazzo does not receive any additional compensation related to the advisory services provided to you. Supervision Zachary Matarazzo is supervised by Alfred Matarazzo, Jr., Chief Compliance Officer of Main Line Retirement Advisors, LLC. You may reach Alfred Matarazzo, Jr.at 800.480.8681. We supervise Zachary Matarazzo by requiring that he adhere to our processes and procedures as described in our firm’s Code of Ethics. We will monitor the advice that Mr. Matarazzo gives to you by performing the following reviews: ➢ A review of relevant account opening documentation when the relationship is established; ➢ A review of account transactions; ➢ Review custodial information on a quarterly basis to assess account activity; ➢ Perform annual oversight so that Mr. Matarazzo is aware of your current financial situation, objectives, and individual investment needs; ➢ A review of client correspondence; and ➢ Annual random sampling of client account to review the proper alignment of client objectives and investments. 23