NORTHSTAR FINANCIAL PLANNING, LLC

Northstar Financial Planning, LLC 112 Range Road Windham, NH 03087 603.458.2776 www.northstarfp.com info@northstarfp.com April 1, 2025 FORM ADV PART 2 BROCHURE This brochure provides information about the qualifications and business practices of Northstar Financial Planning, LLC If you have any questions about the contents of this brochure, please contact us at: 603.458.2776, or by email at: info@northstarfp.com. 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. Additional information about Northstar Financial Planning, LLC is available on the SEC's website at www.adviserinfo.sec.gov. You can search this site by a unique identifying number, known as the CRD number. The CRD number for Northstar Financial Planning, LLC is 117205. 1  Item 2 Summary of Material Changes Form ADV Part 2 requires registered investment advisers to amend their brochure when information becomes materially inaccurate. If there are any material changes to an adviser's disclosure brochure, the adviser is required to notify you and provide you with a description of the material changes. Since our last annual updating amendment dated 3/25/25, we have made the following material change to our Form ADV: 1. We have removed that we have custody due to an Standing Letter of Authorization. 2  Item 3 Table Of Contents Item 1 Cover Page Item 2 Summary of Material Changes Item 3 Table Of Contents Item 4 Advisory Business Item 5 Fees and Compensation Item 6 Performance-Based Fees and Side-By-Side Management Item 7 Types of Clients Item 8 Methods of Analysis, Investment Strategies and Risk of Loss Item 9 Disciplinary Information Item 10 Other Financial Industry Activities and Affiliations Item 11 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading Item 12 Brokerage Practices Item 13 Review of Accounts Item 14 Client Referrals and Other Compensation Item 15 Custody Item 16 Investment Discretion Item 17 Voting Client Securities Item 18 Financial Information Item 19 Requirements for State Registered Investment Advisers Item 20 Additional Information Page 1 Page 2 Page 3 Page 4 Page 9 Page 13 Page 13 Page 14 Page 16 Page 16 Page 16 Page 17 Page 22 Page 22 Page 23 Page 23 Page 24 Page 25 Page 25 Page 25 3  Item 4 Advisory Business Firm Description Northstar Financial Planning, LLC ("Northstar Financial Planning") was founded in 1994 and is registered as an investment adviser. Northstar Financial Planning, LLC is an independent fee only investment adviser and we are not compensated in the form of commissions for selling any securities or insurance products. We provide personalized Wealth Management Services including financial life planning and investment management. Advice is provided through consultation with the client and may generally include but may not be limited to: determination of financial objectives, review of current financial picture, cash flow management, tax planning, insurance review, asset allocation and investment management, transition planning, education planning, retirement planning, and estate planning. We provide an initial complimentary consultation, either in person or via telephone, to discuss our services and the needs of the client. In the event you decide to engage us, we will enter into a written agreement for services which will detail the services provided. Initial and periodic reviews of the clients situation are communicated throughout the course of the relationship to provide reminders of the specific courses of action that need to be taken. More frequent reviews occur but are not necessarily communicated to the client unless immediate changes are recommended. We coordinate with other professionals (e.g., lawyers, accountants, insurance agents, etc.) who are engaged directly by the client on an as-needed basis. We also provide pension consulting services to qualified retirement plans as described below. Principal Owners Northstar Financial Planning, LLC is owned by Robin A. Young, Alexa Darbe, Rachel DeCarolis and Julie Fortin. Tailored Relationships Our advice is tailored according to each client's goals and objectives, tolerance for risk and other relevant criteria. We provide advice to clients based upon investment policy statements which we provide to each managed account client reflecting stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. Advisory Services Wealth Management/Investment Management Services Northstar Financial Planning, LLC provides Wealth Management Services where the client's financial affairs are reviewed holistically as prioritized by the client. Such services generally include but may not be limited to: determination of financial objectives, review of current financial picture, cash flow management, tax planning, insurance review, asset allocation and investment management (including performance reporting) transition planning, education planning, retirement planning; and estate planning; as well as assisting as needed in the implementation of recommendations within each area. In some cases, we provide stand alone Investment Management Services. In these circumstances, we will not provide Financial Life Planning services unless clients execute a separate engagement agreement. 4  We work with the client to define realistic and measurable goals and develop strategies to reach those goals. Once we construct an investment portfolio for the client, we will monitor the portfolio's performance on an ongoing basis. As goals and objectives change over time, we will adjust the portfolio, as necessary. If you retain our firm for Wealth Management/Investment Management Services, you will grant our firm discretionary authority to manage your account through a limited power of attorney. Discretionary authorization will allow our firm to determine the specific securities and the amount to be purchased or sold for your account without your approval prior to each transaction. For certain accounts which are held at custodians which we do not recommend (e.g. retirement accounts), we will make recommendations regarding the assets in such accounts but will not exercise discretionary authority over such assets. In such cases, it shall be your responsibility to implement recommendations which we provide. If we provide investment recommendations on assets held in your Employer Plans and include these assets on your performance reporting, you will be responsible for the execution of the investment recommendations. We will include these assets in our quarterly billing and charge a flat 0.50% per year on the total. Financial Life Planning Services Financial Life Planning Services are designed to assist clients with financial planning needs who do not require ongoing investment management services. The Financial Life Planning Services we may provide include, but are not limited to: a net worth statement; a cash flow statement and spending plan; a review of investment accounts, including reviewing asset allocation; strategic tax planning; a review of retirement accounts and plans including asset allocation recommendations; a review of insurance policies and recommendations for changes, if necessary; one or more retirement scenarios; estate planning review and recommendations; and education planning with funding recommendations. General investment advice may be provided as part of the financial planning process; however clients are responsible for implementing any advice. Financial plans are based on your financial situation at the time the plan is presented and are based on financial information disclosed by you to us. You are advised that certain assumptions may be made with respect to interest and inflation rates and the use of past trends and performance of the market and economy. Past performance of investments must not be assumed to be an indication of future performance. We cannot offer any guarantees or promises that your financial goals and objectives will be met. If and when your financial situation, goals, objectives, or needs change, you must notify us promptly. Northstar Rising Services Clients may receive any or all of the following services: Financial Planning, Investment Advisory, and Investment Management Services on an as needed basis. Each client's unique needs and priorities are evaluated. The following areas that may be addressed include but are not limited to: Financial Planning, Identifying Financial Goals, Net Worth Review, Cash Flow Planning, Employer Benefit Review, Northstar's Financial Dashboard for Goal Tracking, Investment Advisory on Employer Plan (401(k), 403(b), etc.), Establish and Transfer Accounts to Betterment Securities, or other appropriate custodian, Development & Execution of Portfolio Strategy, Portfolio Monitoring and Periodic Rebalancing, Consolidated Portfolio Performance Reporting. Types of Investments 5  We primarily provide advice on no-load mutual funds and exchange-traded funds. Mutual funds and exchange traded funds are professionally managed collective investment systems that pool money from many investors and invest in stocks, bonds, short-term money market instruments, other mutual funds, other securities or any combination thereof. The fund will have a manager that trades the fund's investments in accordance with the fund's investment objective. While mutual funds and ETFs generally provide diversification, risks can be significantly increased if the fund is concentrated in a particular sector of the market, primarily invests in small cap or speculative companies, uses leverage (i.e., borrows money) to a significant degree, or concentrates in a particular type of security (i.e., equities) rather than balancing the fund with different types of securities. Exchange traded funds differ from mutual funds since they can be bought and sold throughout the day like stock and their price can fluctuate throughout the day. The returns on mutual funds and ETFs can be reduced by the costs to manage the funds. Also, while some mutual funds are "no load" and charge no fee to buy into, or sell out of the fund, other types of mutual funds do charge such fees which can also reduce returns. You may request that we refrain from investing in particular securities or certain types of securities. These restrictions will be noted in your client file. Initial public offerings (IPOs) are not available through Northstar Financial Planning, LLC Termination of Agreement Clients may terminate the Wealth Management/Investment Management agreement and the Financial Life Planning agreement by providing us with written notice. In the event of termination, if you have pre-paid any fees which we have not yet earned, we will provide you with a refund as follows: (1) For ongoing Financial Life Planning Services, we will refund a pro-rata amount representing the percentage of your most recent quarterly fee for services that have not been performed; (2) For one time Financial Life Planning Services we will refund a pro-rata amount representing the percentage of your initial fee for services that have not been performed (you will also be responsible for payment for any services on a pro-rata basis representing the percentage of work performed not covered by the initial fee); and (3) For Wealth Management/Investment Management Services, you will be charged pro rata based on the number of days in the quarter for which you are a client. Pension Consulting Services We offer pension consulting services to employee benefit plans and their fiduciaries based upon the needs of the Plan and the services requested by the Plan sponsor or named fiduciary. In general, these services may include the investment strategy and execution, fund selection and portfolio monitoring and rebalancing, assistance in understanding investment reports, assisting the Plan sponsor with its duties in providing Plan participants with information, periodic meetings and assisting the Plan sponsor in carrying out the Plan sponsor's fiduciary duties. We generally take discretion for the Cash Balance Plans and may act as a discretionary "investment manager" of the Plan as defined in Section 3(38) under ERISA. 401k Advisory Services In performing fiduciary services, we are acting as a non-discretionary fiduciary of the Plan as defined in Section 3(21)(A)(ii). The ultimate decision to act on behalf of the Plan shall remain with the Plan sponsor or other named fiduciary. In general, the services may include consulting on plan design, investment options, fund selection, periodic monitoring of investment managers, and assistance in understanding investment reports. Additional services include assisting the Plan sponsor with its duties in providing Plan participants with information, assisting the sponsor with plan fee analysis, assistance with selecting and monitoring 6  Plan service providers, periodic meetings, and assisting the Plan sponsor in carrying out the Plan sponsor's fiduciary duties. We also assist with participant enrollment meetings and provide investment- related educational seminars to plan participants on such topics as: Diversification Asset allocation Risk tolerance Time horizon • • • • Advisory Services to Retirement Plans As disclosed above, we offer various levels of advisory and consulting services to employee benefit plans ("Plan") and to the participants of such Plans ("Participants"). The services are designed to assist Plan sponsors in meeting their management and fiduciary obligations to Participants under the Employee Retirement Income Securities Act ("ERISA"). Pursuant to adopted regulations of the U.S. Department of Labor under ERISA Section 408(b)(2), we are required to provide the Plan's responsible plan fiduciary (the person who has the authority to engage us as an investment adviser to the Plan) with a written statement of the services we provide to the Plan, the compensation we receive for providing those services, and our status (which is described below). Our compensation for these services is described below, at Item 5, and also in the service agreement. We may, with consent of the Plan, and in accordance with Plan documents, bill out-of-pocket expenses (such as overnight mailings, messenger, translation fees, etc.) at cost. We do not reasonably expect to receive any other compensation, direct or indirect, for the services we provide to the Plan or Participants. We may also provide additional types of consulting services to Plans on an individually negotiated basis. All services, whether discussed above or customized for the Plan based upon requirements from the Plan fiduciaries (which may include additional plan-level or participant-level services) shall be detailed in a written agreement and be consistent with the parameters set forth in the Plan documents. Wrap Program Northstar provides discretionary investment advisory service to clients under the Betterment Wrap Fee Program. Betterment Advisor Solutions offers its investment sub-advisory services for traditional securities portfolios through a wrap fee program that includes custody and trading services provided by its affiliate, Betterment Securities. Betterment Advisor Solutions is what is often termed a "robo- advisor", an online wealth management service that provides automated, algorithm-based portfolio management advice. Northstar Financial Planning receives a portion of the wrap fee. The overall cost you will incur if you participate in our wrap fee program may be higher or lower than you might incur by separately purchasing the types of securities available in the program. Betterment Advisor Solutions Betterment Advisor Solutions generally serves independent investment advisory firms and advisors (such advisors, "you" or "Advisor"). Betterment LLC ("Betterment"), a registered investment advisor, serves as sub-advisor to Advisor's clients ("Clients"). MTG LLC, dba Betterment Securities ("Betterment Securities"), a registered broker-dealer and member of FINRA and SIPC, serves as broker-dealer and custodian. Betterment and Betterment Securities are not a "Related Person" of any Advisor on the Betterment Advisor Solutions platform. Clients should review the Betterment LLC and wrap fee brochures for more information. The services provided by Betterment include: • Goal-Based Investment Management: Betterment's goal-based investment platform allows 7  Advisors and Clients to identify multiple investment goals for each Client, each with specific portfolio allocations; • Portfolio Construction Tools: Advisor and Advisor's Clients have access to a set of Betterment constructed portfolio strategies, third-party model portfolio strategies, or, if applicable, Advisor constructed custom portfolio strategies (described below), each of which is comprised of low cost, index-tracking exchange-traded funds or mutual funds (the latter only for advisors who are approved to construct portfolios with Dimensional Fund Advisors mutual funds), and are able to customize the risk-level for each investment goal (collectively "traditional securities portfolios"); • Automated Investment Management Services: Betterment's algorithms automate back-office tasks such as trading, portfolio management, and account rebalancing; • Website and Mobile Application: Betterment's website and mobile application provide a platform for account access and monitoring and delivery of account documentation and notices; and • Advisor Dashboard: Advisors have access to a dashboard for purposes of monitoring and managing Client accounts. We have chosen to offer our Clients custom portfolio strategies ("Custom Portfolios") through Betterment's platform. Our Custom Portfolios are designed using our own investment methodologies, and our Clients are able to use Betterment's automated advice features, including automatic rebalancing, dividend reinvestment, tax loss harvesting, and asset location services. We, and not Betterment, are responsible for managing any goal for which a Custom Portfolio is elected on the basis of a Client's financial situation and investment objectives. Betterment will not evaluate whether any Custom Portfolio is suitable for any Client's individual investment objectives, either at the time of election or on an ongoing basis. Betterment Advisor Solutions offers several account types to Advisors and their Clients, such as taxable investing accounts, individual retirement accounts (IRAs), and cash management accounts (Cash Reserve). If Advisor's Client also is employed by a company that utilizes Betterment's 401(k) offering, Betterment at Work, Advisor may also manage Client's Betterment 401(k) account if Client delegates investment management authority of their 401(k) to Advisor. Advisors can view Clients' Betterment checking account in their Advisor Dashboard, and Advisors can also view Clients' health savings accounts (HSAs), if the client has a Betterment managed HSA offered in partnership with Optum Bank. Tailored Services and Investment Restrictions To use Betterment Advisor Solutions' services, Clients and/or their Advisors must inform Betterment of their financial situation and preferences through Betterment's online application. To set up an investing account through the Betterment platform, Advisors and/or their Clients must select an investment goal, select a portfolio strategy (or follow the Advisor's pre-set default portfolio strategy), and set an allocation (the risk level of the portfolio which corresponds to a ratio of stock to bonds), and may provide additional details about the Client's investment objectives within Betterment's interface. Guidance provided by Betterment is available in the online application, but we are ultimately responsible for ensuring that our Clients are placed in suitable investments. We are also responsible for ensuring that the information we provide to Betterment about our Clients is accurate and up-to-date. We can also restrict the securities purchased for Client accounts by electing Betterment's Flexible portfolio strategy or Advisor's Custom Portfolio strategy to choose our own asset classes and adjust allocation weights. Clients and/or their Advisors can influence Betterment's discretionary management of their account by turning on or off several of Betterment automated portfolio management features. 8  IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must: • Meet a professional standard of care when making investment recommendations (give prudent advice); • Never put our financial interests ahead of yours when making recommendations (give loyal advice); • Avoid misleading statements about conflicts of interest, fees, and investments; • Follow policies and procedures designed to ensure that we give advice that is in your best interest; • Charge no more than is reasonable for our services; and • Give you basic information about conflicts of interest. Assets Under Management As of January 1, 2025, we provide continuous management services for $244,700,000 in client assets on a discretionary basis, and $17,800,000 in client assets on a non-discretionary basis for a total of $262,500,000. Item 5 Fees and Compensation Description For Wealth Management Services and Stand-Alone Investment Management Services, Northstar Financial Planning, LLC charges a fee based on a percentage of the assets under our management. The following is the Northstar Financial Planning, LLC standard fee schedule: Client Assets Under Management $0 to $500,000 Fee for Wealth Management1,2 1.25% per year $500,001 to $2,000,000 1.00% per year $2,000,001 to $5,000,000 0.80% per year $5,000,001 and above 0.50% per year Client Assets Under Management Fee for Stand-Alone Investment Management Up to $5,000,000 0.75% per year $5,000,001 to $10,000,000 0.60% per year Over $10,000,000 0.50% per year 9  The specific fee schedule charged by Northstar Financial Planning, LLC will be outlined in the client's written wealth management/investment management agreement. Fee schedules may be negotiable and will vary between clients based on a number of factors such as the client's assets under management, scope of services to be provided, or the origin of the client relationship. 1The minimum annual fee is $7,500 which may be reduced in our discretion. 2Should there be an initial transition phase during which we are providing financial and life planning services but are not yet managing your investments, we will charge you a minimum quarterly fee of $1,875.00. 1,2After some or all of your investment accounts have been transferred to the custodian of your account, we will calculate your pro-rated quarterly fee and any increment of your fee greater than the $1,875.00 minimum quarterly fee already paid will be deducted directly from your account. Assets may be transferred in to our Custodian and arrive before our analysis of your financial situation is completed. If we have not yet agreed upon an investment strategy for your assets, your account will remain in cash or in the holdings transferred in to your account. If we provide investment recommendations on assets held in Employer Plans and include these assets on your performance reporting, you will be responsible for the execution of the investment recommendations. We will include these assets in our quarterly billing and charge a flat 0.50% per year on the total. Fees will be assessed pro rata in the event the client agreement is executed at any time other than the first day of a calendar quarter. At our discretion, we may combine the account values of family members living in the same household to determine the applicable advisory fee. For example, we may combine account values for you and your minor children, joint accounts with your spouse, and other types of related accounts. For Financial Life Planning Services, our fees are due and payable quarterly in advance unless otherwise agreed upon. Our fees for Financial Life Planning Services range between $7,500 and $10,000 which may be a one time fee or an annual fee for ongoing services. Our Financial Life Planning fees are negotiable based on the degree of complexity associated with the client's situation. In the event the client's situation is substantially different than disclosed at the initial meeting, a revised fee will be provided for mutual agreement. The client must approve the change of scope in advance of the additional work being performed when a fee increase is necessary. Fee Billing Wealth Management/Investment Management fees are billed quarterly, in advance based on the value of the client's account on the last day of the previous quarter. Fees are usually deducted from a designated client account to facilitate billing, however clients have the option to pay our fees directly upon invoice. We will deduct our advisory fee only when the following requirements are met: • You provide our firm with written authorization permitting the fees to be paid directly from your account held by the qualified custodian. • We send you an invoice showing the amount of the fee, the value of the assets on which the fee is based, and the specific manner in which the fee was calculated. • The qualified custodian agrees to send you a statement, at least quarterly, indicating all 10  amounts dispersed from your account including the amount of the advisory fee paid directly to our firm. Other Fees As part of our investment advisory services to you, we may invest, or recommend that you invest, in mutual funds and exchange traded funds. We will invest your account, when suitable, in no load mutual funds. The fees that you pay to our firm for investment advisory services are separate and distinct from the fees and expenses charged by mutual funds or exchange traded funds (described in each fund's prospectus) to their shareholders. These fees will generally include a management fee and other fund expenses. You will also incur transaction charges and/or brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by the broker-dealer or custodian through whom your account transactions are executed. We do not share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or custodian. To fully understand the total cost you will incur, you should review all the fees charged by mutual funds, exchange traded funds, our firm, and others. For information on our brokerage practices, please refer to the Brokerage Practices section of this Brochure. Past Due Accounts and Termination of Agreement Northstar Financial Planning, LLC reserves the right to stop work on any account that is not settled on a timely basis. In addition, Northstar Financial Planning, LLC reserves the right to terminate any engagement where a client has willfully concealed or has refused to provide pertinent information about financial situations when necessary and appropriate, in Northstar Financial Planning, LLC's judgment, to providing proper financial advice. Clients may terminate the Wealth Management/Investment Management agreement and the Financial Life Planning agreement by providing us with written notice. In the event of termination, if you have pre-paid any fees which we have not yet earned, we will provide you with a refund as follows: (1) For ongoing Financial Life Planning Services, we will refund a pro-rata amount representing the percentage of your most recent quarterly fee for services that have not been performed; (2) For one time Financial Life Planning Services we will refund a pro-rata amount representing the percentage of your initial fee for services that have not been performed (you will also be responsible for payment for any services on a pro-rata basis representing the percentage of work performed not covered by the initial fee); and (3) For Wealth Management/Investment Management Services, you will be charged pro rata based on the number of days in the quarter for which you are a client. Betterment Advisor Solutions' Fees Betterment charges our Clients an asset-based wrap fee on amounts invested via the Betterment Advisor Solutions platform that is tiered based on the aggregate balance of all of our firm's Client accounts at Betterment (not including funds held in Betterment Cash Reserve). That asset-based wrap fee currently ranges from 0.12% to 0.20% and is dependent on the total assets we hold at Betterment. The asset-based wrap fee is included in the Fees for Wealth Management or Fees for Stand-Alone Wealth Management outlined above. Betterment will collect both its and our fee from each Client and remit our portion of the fee directly to us. The fee charged to you by Betterment is based solely on the assets you have in the Betterment program and not other assets we may manage for you. Because the fees our clients pay is based on the total assets we hold at Betterment, it encourages us to place more assets at Betterment to reduce client fees. This is considered a conflict of interest. To mitigate this conflict, we review each Client's financial situation and only recommend what we believe is in the Client's best interest. 11  The asset-based wrap fee is charged monthly in arrears on the first day of the month. The services included for the wrap fee include all of the services provided by Betterment and Betterment Securities through the Betterment Advisor Solutions platform, including advisory services, custody of assets, execution and clearing of transactions, and account reporting. Betterment collects wrap fees directly from Clients pursuant to the terms of the sub-advisory agreement between Betterment and each Client. Clients utilizing the Betterment Advisor Solutions platform may pay a higher aggregate fee than if the advisory, custodial, trade execution, and other services were purchased separately. As an Adviser with Clients on the Betterment Advisor Solutions platform, we also pay a fixed monthly fee to Betterment. Our fee to Betterment does not affect the fee paid by the Client. Additional information regarding Betterment's fees and compensation is described in Betterment's Form ADV Part 2A. You will receive a copy of the Betterment Form ADV Part 2A in addition to a copy of our Form ADV Part 2A. Northstar Rising Services The total cost of services is the sum of Financial Planning and Investment Management costs outlined below. The total cost of services includes the asset-based wrap fee. Financial Planning: Based on Employer Plan Assets None $1 - $200,000 $200,001 - $400,000 $400,000 - $600,000 >$600,000 Monthly Financial Planning Cost $260 $310 $385 $465 Elevate to Northstar Wealth Management Service Investment Management: The cost of Investment Management is 0.75% of assets under Northstar management. Fees are billed monthly in arrears. Pension Consulting Services We charge an annual fee which ranges up to 1% of the value of the Plan's assets and which may be based on a tiered fee schedule. The Plan platform provider will deduct the fee directly from the Plan's accounts or fees may be paid directly to our firm by the Plan/Plan sponsor. Fees are charged quarterly in advance based on the value of the Plan's assets on the last day of previous quarter. Fees for this service are calculated quarterly and paid in advance, based on the market value of Client's investment assets under Northstar management as of the last day of the preceding calendar quarter. Fees can be deducted from Included Assets or billed directly to the Client. You may terminate the pension consulting agreement upon 30 days written notice to our firm. You will incur a pro rata charge for services rendered prior to the termination of the consulting agreement. If you have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of those fees based on the number of days in which you are a client. 401k Plan Advisory Services 12  We charge a fee based on a percentage of the assets under our advisory. The following is the Northstar Financial Planning, LLC standard fee schedule: Included Assets Up to $1M $1M to 2M $2M to $5M $5M to $10M Annual Cost 0.55% 0.50% 0.40% 0.30% Quarterly Cost 0.1375% 0.125 % 0.10% 0.075% Fees are billed quarterly in advance. For the purposes of determining and calculating Fees, Plan assets are based on Included Assets. Fees can be deducted from Included Assets or billed directly to the Client. The fee is based on the market value of the Included Assets. The agreement may be terminated at any time with written notice. If the agreement is terminated prior to the end of a Fee Period, Adviser shall be entitled to a fee prorated for the number of days in the Fee Period prior to the effective date of termination. Our advisory fees for customized services will be negotiated with the plan sponsor or named fiduciary on a case-by-case basis. Item 6 Performance-Based Fees and Side-By-Side Management We do not accept performance-based fees or participate in side-by-side management. Side-by-side management refers to the practice of managing accounts that are charged performance-based fees while at the same time managing accounts that are not charged performance-based fees. Performance-based fees are fees that are based on a share of capital gains or capital appreciation of a client's account. Our fees are calculated as described above, and are not charged on the basis of a share of capital gains upon, or capital appreciation of, the funds in your advisory account. Betterment Advisors Solutions does not charge performance-based fees. Item 7 Types of Clients Description Northstar Financial Planning, LLC generally provides investment advice to individuals, pension and profit sharing plans, trusts, estates, or charitable organizations, corporations and business entities. Client relationships vary in scope and length of service. Account Minimums We generally impose a minimum account size and minimum annual fee of $500,000 and $7,500, respectively, for Wealth Management/Investment Management Services. Northstar Financial Planning, LLC has the discretion to waive the account minimum where we anticipate the client will add additional funds to the accounts bringing the total to $500,000 within a reasonable time. Other exceptions will apply to employees of Northstar Financial Planning, LLC and their relatives, or relatives of existing clients. 13  Item 8 Methods of Analysis, Investment Strategies and Risk of Loss Methods of Analysis We may use one or more of the following methods of analysis when providing investment advice to you: • Technical Analysis -Technical Analysis involves studying past price patterns and trends in the financial markets to predict the direction of both the overall market and specific stocks. The risk of market timing based on technical analysis is that charts may not accurately predict future price movements. Current prices of securities may reflect all information known about the security and day to day changes in market prices of securities may follow random patterns and may not be predictable with any reliable degree of accuracy. • Fundamental Analysis - Fundamental analysis involves analyzing individual companies and their industry groups, such as a company's financial statements, details regarding the company's product line, the experience, and expertise of the company's management, and the outlook for the company's industry. The resulting data is used to measure the true value of the company's stock compared to the current market value. The risk of fundamental analysis is that information obtained may be incorrect and the analysis may not provide an accurate estimate of earnings, which may be the basis for a stock's value. If securities prices adjust rapidly to new information, utilizing fundamental analysis may not result in favorable performance. • Cyclical Analysis - Cyclical analysis is a type of technical analysis that involves evaluating recurring price patterns and trends based upon business cycles. The lengths of economic cycles may be difficult to predict with accuracy and therefore the risk of cyclical analysis is the difficulty in predicting economic trends and consequently the changing value of securities that would be affected by these changing trends. Investment Strategies The primary investment strategy used on client accounts is strategic asset allocation utilizing a core and satellite approach. This means that the portfolios will be managed using a combination of both active and passive management styles, based on the belief that while passive (index based) investment management is well-diversified and effective in some parts of the markets, not all parts of all markets are well suited to the passive approach. In those areas, actively managed funds may be selected. Portfolios are globally diversified to control the risk associated with traditional markets. The investment strategy for a specific client is based upon the objectives stated by the client during consultations. As such, we determine investments and allocations based upon your predefined objectives, risk tolerance, time horizon, financial horizon, financial information, liquidity needs, and other various suitability factors. Your restrictions and guidelines may affect the composition of your portfolio. Each client executes an Investment Policy Statement that documents their objectives and their desired investment strategy. The client may change these objectives at any time which may require a change in their Investment Policy Statement. Our strategies and investments may have unique and significant tax implications. However, unless we specifically agree otherwise, and in writing, tax efficiency is not our primary consideration in the management of your assets. Regardless of your account size or any other factors, we strongly recommend that you continuously consult with a tax professional prior to and throughout the investing of your assets. As a result of revised IRS regulations, custodians and broker-dealers will begin reporting the cost basis of equities acquired in client accounts on or after January 1, 2011. Most custodians use the FIFO (First In First Out) accounting method as the default method for calculating the cost basis of your investments. You are responsible for contacting your tax advisor to determine if this accounting method is the right choice for you. If your tax advisor believes another accounting method is more 14  advantageous, please provide written notice to our firm immediately and we will alert your account custodian of your individually selected accounting method. Please note that decisions about cost basis accounting methods will need to be made before trades settle, as the cost basis method cannot be changed after settlement. Risk of Loss All investment programs have certain risks that are borne by the investor. We do not represent or guarantee that our services or methods of analysis can or will predict future results, successfully identify market tops or bottoms, or insulate clients from losses due to market corrections or declines. We cannot offer any guarantees or promises that your financial goals and objectives will be met. Past performance is in no way an indication of future performance. Our investment approach constantly keeps the risk of loss in mind. Investors face the following investment risks: • Interest-rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For example, when interest rates rise, yields on existing bonds become less attractive, causing their market values to decline. • • Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and intangible events and conditions. This type of risk is caused by external factors independent of a security's particular underlying circumstances. For example, political, economic and social conditions may trigger market events. Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar next year, because purchasing power is eroding at the rate of inflation. • Currency Risk: Overseas investments are subject to fluctuations in the value of the dollar against the currency of the investment's originating country. This is also referred to as exchange rate risk. • Reinvestment Risk: This is the risk that future proceeds from investments may have to be reinvested at a potentially lower rate of return (i.e. interest rate). This primarily relates to fixed income securities. • Business Risk: These risks are associated with a particular industry or a particular company within an industry. For example, oil-drilling companies depend on finding oil and then refining it, a lengthy process, before they can generate a profit. They carry a higher risk of profitability than an electric company, which generates its income from a steady stream of customers who buy electricity no matter what the economic environment is like. • Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets are more liquid if many traders are interested in a standardized product. For example, Treasury Bills are highly liquid, while real estate properties are not. • Financial Risk: Excessive borrowing to finance a business' operations increases the risk of profitability, because the company must meet the terms of its obligations in good times and bad. During periods of financial stress, the inability to meet loan obligations may result in bankruptcy and/or a declining market value. • Horizon and Longevity Risk: The risk that your investment horizon is shortened because of an unforeseen event, for example, the loss of your job. This may force you to sell investments that you were expecting to hold for the long term. If you must sell at a time that the markets are down, you may lose money. Longevity Risk is the risk of outliving your savings. This risk is particularly relevant for people who are retired, or are nearing retirement. Betterment Advisor Solutions Betterment Advisor Solutions makes available three categories of securities portfolio strategies: Betterment Constructed Portfolios, Third-Party Portfolios, and Custom Portfolios. • Betterment Constructed Portfolios are portfolios composed of securities for which Betterment 15  selects the underlying securities and weightings of those securities associated with particular allocations. Betterment Constructed Portfolios are composed of publicly traded ETF securities. • Third-Party Portfolios are portfolio strategies that are constructed and updated by third-party managers. Betterment does not select the underlying securities in Third-Party Portfolios but periodically reviews the Third-Party Portfolios to ensure that the portfolios remain consistent with the portfolio objectives identified by the third-party manager. • Custom Portfolios are Advisor-designed custom portfolios that Advisors are able to construct. A Custom Portfolio consists of a set or multiple sets of securities and allocations with underlying return and volatility assumptions that are either (i) provided by the Advisor to Betterment or (ii) defaulted to Betterment's capital markets assumptions if the Advisor does not provide assumptions. For any Advisor and/or Client who elects a Custom Portfolio, Betterment will allocate the Client's assets in accordance with the Custom Portfolio. For Custom Portfolios, the Advisor and not Betterment is responsible for ensuring the Custom Portfolio (1) is suitable for its Clients, and (2) is constructed and managed in a manner consistent with the Client's financial situation and investment objectives. For certain DFA-authorized Advisors on the Betterment Advisor Solutions platform, an Advisor may design a Custom Portfolio constructed entirely of DFA mutual funds and ETFs (such Custom Portfolio, a "DFA Portfolio"). Betterment does not independently review and/or approve Advisor-built Custom Portfolios. For additional information on the current investment strategies Betterment offers, please refer to Betterment's Form ADV Part 2A. All investing involves risks. Betterment's Form ADV Part 2A discusses risks inherent in all investing. Please review this section in detail. Item 9 Disciplinary Information Legal and Disciplinary The firm and its employees do not have any legal or disciplinary information to disclose. Item 10 Other Financial Industry Activities and Affiliations Northstar Financial Planning, LLC and its associated persons do not engage in or have any other financial industry activities or affiliations. Item 11 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading Code of Ethics The employees of Northstar Financial Planning, LLC have committed to a Code of Ethics that is available for review and will be provided to clients and prospective clients upon request. Northstar Financial Planning, LLC strives to comply with all applicable laws and regulations governing its practices. Therefore, Northstar Financial Planning, LLC has set forth guidelines for professional standards of conduct for its associated persons, the goal of which is to protect client interests at all times and to demonstrate its commitment to its fiduciary duties of honesty, good faith, and fair dealing with clients. All associated persons are expected to adhere strictly to these guidelines. Associated persons are also required to report any violations of the Firm's Code of Ethics. Additionally, Northstar Financial Planning, LLC maintains and enforces written policies reasonably designed to prevent the misuse or dissemination of material, non-public information about clients or their account holdings by Northstar Financial Planning, LLC or any associated person. 16  Participation or Interest in Client Transactions Neither our firm nor any of our associated persons has any material financial interest in client transactions beyond the provision of investment advisory services as disclosed in this Brochure. Personal Trading Our firm or persons associated with our firm buy or sell the same securities that we recommend to you or securities in which you are already invested. A conflict of interest exists in such cases because we have the ability to trade ahead of you and potentially receive more favorable prices than you will receive. To mitigate this conflict of interest, it is our policy that neither our firm nor persons associated with our firm shall have priority over your account in the purchase or sale of securities. Betterment Advisor Solutions Conflicts of Interest As part of our relationship with Betterment and Betterment Securities, Betterment offers us services intended to help us manage and further develop our business enterprise, such as additional advisory services, access to webinars, and advice about using the Betterment Advisor Solutions platform to grow our business. Betterment may offer different or expanded services in the future. These services create an incentive for us to recommend that our Clients invest through the Betterment Advisor Solutions platform. This is a potential conflict given that our interest in recommending Betterment could be influenced by our receipt of Betterment's and/or Betterment Securities' services to our business. Additionally, Betterment offers discounted pricing to our Clients based on the total combined assets of all of our firm's Clients on the Betterment Advisor Solutions platform. Other potential conflicts may exist regarding our use of the Betterment Advisor Solutions platform. To mitigate this conflict, Northstar Financial Planning strives to always provide programs and recommendations that are in the best interests of our clients. Item 12 Brokerage Practices Selecting Brokerage Firms Northstar Financial Planning, LLC recommends the qualified custodian Schwab Advisor Services division of Charles Schwab & Co., Inc. ("Schwab"). Northstar Financial Planning, LLC does not receive fees or commissions from these arrangements. Northstar Financial Planning, LLC recommends custodians based on the proven integrity and financial responsibility of the firm and the best execution of orders at reasonable commission rates. Research and Other Soft Dollar Benefits We do not have any soft dollar arrangements. Best Execution We believe that Schwab provides the best services at competitive rates. The reasonableness of commission rates is based on several factors, including the broker's ability to provide professional services, execution, the broker's reputation, experience and financial stability of the broker or dealer, and the quality of service rendered by the broker or dealer in transactions. Best execution is not measured solely by reference to commission rates. Paying a broker a higher commission rate than another broker might charge is permissible if the difference in cost is reasonably justified by the quality of the brokerage services offered. Mutual Fund Share Classes Mutual funds are sold with different share classes, which carry different cost structures. Each available share class is described in the mutual fund's prospectus. When we purchase, or recommend the purchase of, mutual funds for a client, we select the share class that is deemed to be in the client's best interest, taking into consideration cost, tax implications, and other factors. Typically we purchase "no load" mutual funds for our clients which have lower internal costs than many other share classes. 17  Internal fees (costs) impact your rate of return. Higher internal fees have a negative effect on your investment's rate of return over time. When the fund is available for purchase at net asset value, we will purchase, or recommend the purchase of, the fund at net asset value. We also review the mutual funds held in accounts that come under our management to determine whether a more beneficial share class is available, considering cost, tax implications, and the impact of contingent deferred sales charges. Brokerage Services We also recommend that clients in need of brokerage and custodial services utilize Charles Schwab & Co., Inc. (Schwab), registered broker-dealer, member SIPC, as the qualified custodian. We are independently owned and operated and are not affiliated with Schwab. Schwab will hold your assets in a brokerage account and buy and sell securities when we instruct them to. While we recommend that you use Schwab as custodian/broker, you will decide whether to do so and will open your account with Schwab by entering into an account agreement directly with them. We do not open the account for you, although we may assist you in doing so. Even though your account is maintained at Schwab, we can still use other brokers to execute trades for your account as described below (see " Your Brokerage and Custody Costs, " below). Your Brokerage and Custody Costs For our clients' accounts that Schwab maintains, Schwab generally does not charge you separately for custody services but is compensated by charging you commissions or other fees on trades that it executes or that settle into your Schwab account. Schwab's commission rates applicable to our client accounts were negotiated based on the condition that our clients collectively maintain a total of at least $10,000,000 of their assets in accounts at Schwab. This commitment benefits you because the overall commission rates you pay are lower than they would be otherwise. In addition to commissions, Schwab charges you a flat dollar amount as a "prime broker" or "trade away" fee for each trade that we have executed by a different broker-dealer but where the securities bought or the funds from the securities sold are deposited (settled) into your Schwab account. These fees are in addition to the commissions or other compensation you pay the executing broker-dealer. Because of this, in order to minimize your trading costs, we have Schwab execute most trades for your account. We have determined that having Schwab execute most trades is consistent with our duty to seek "best execution" of your trades. Best execution means the most favorable terms for a transaction based on all relevant factors, including those listed above (see "Selecting Brokerage Firms" above). Products and Services Available to Us from Schwab Schwab Advisor Services (formerly called Schwab Institutional) is Schwab's business serving independent investment advisory firms like us. They provide us and our clients with access to its institutional brokerage - trading, custody, reporting, and related services - many of which are not typically available to Schwab retail customers. Schwab also makes available various support services. Some of those services help us manage or administer our clients' accounts, while others help us manage and grow our business. Schwab's support services generally are available on an unsolicited basis (we don't have to request them) and at no charge to us as long as our clients collectively maintain a total of at least $10 million of their assets in accounts at Schwab. If our clients collectively have less than $10 million in assets at Schwab, Schwab may charge us quarterly service fees of $1,200. Following is a more detailed description of Schwab's support services: Services That Benefit You. Schwab's institutional brokerage services include access to a broad range of investment products, execution of securities transactions, and custody of client assets. The investment products available through Schwab include some to which we might not otherwise have access or that would require a significantly higher minimum initial investment by our clients. Schwab's services described in this paragraph generally benefit you and your account. 18  Services That May Not Directly Benefit You. Schwab also makes available to us other products and services that benefit us but may not directly benefit you or your account. These products and services assist us in managing and administering our clients' accounts. They include investment research, both Schwab's own and that of third parties. We may use this research to service all or a substantial number of our clients' accounts, including accounts not maintained at Schwab. In addition to investment research, Schwab also makes available software and other technology that: • Provide access to client account data (such as duplicate trade confirmations and account statements) • Facilitate trade execution and allocate aggregated trade orders for multiple client accounts • Provide pricing and other market data • Facilitate payment of our fees from our clients' accounts • Assist with back-office functions, recordkeeping, and client reporting services that generally benefit only us. Schwab also offers other services intended to help us manage and further develop our business enterprise. These services include: • Educational conferences and events • Consulting on technology, compliance, legal, and business needs • Publications and conferences on practice management and business • succession • Access to employee benefits providers, human capital consultants, and insurance providers Schwab may provide some of these services itself. In other cases, it will arrange for third-party vendors to provide the services to us. Schwab may also discount or waive its fees for some of these services or pay all or a part of a third party's fees. Schwab may also provide us with other benefits, such as occasional business entertainment of our personnel. Our Interest in Schwab's Services The availability of these services from Schwab benefits us because we do not have to produce or purchase them. We don't have to pay for Schwab's services so long as our clients collectively keep a total of at least $10 million of their assets in accounts at Schwab. Beyond that, these services are not contingent upon us committing any specific amount of business to Schwab in trading commissions or assets in custody. The $10 million minimum may give us an incentive to recommend that you maintain your account with Schwab, based on our interest in receiving Schwab's services that benefit our business rather than based on your interest in receiving the best value in custody services and the most favorable execution of your transactions. This is a potential conflict of interest. We believe, however, that our selection of Schwab as custodian and broker is in the best interests of our clients. Our selection is primarily supported by the scope, quality, and price of Schwab's services (see " How We Select Brokers/Custodians ") and not Schwab's services that benefit only us. As of January 2, 2024, we have approximately $201 million in client assets under management at Schwab, and we do not believe that recommending our clients to collectively maintain at least $10 million of those assets at Schwab in order to avoid paying Schwab quarterly service fees presents a material conflict of interest. Schwab provides us with access to its institutional trading and custody services, which are typically not available to Schwab retail investors. These services generally are available to independent investment advisors on an unsolicited basis, at no charge to them so long as a total of at least $10 million of the advisor's clients' assets are maintained in accounts at Schwab Advisor Services. These services are not otherwise contingent upon us committing to Schwab any specific amount of business (assets in custody or trading commissions). Schwab's brokerage services include the execution of securities 19  transactions, custody, research, and access to mutual funds and other investments that are otherwise generally available only to institutional investors or would require a significantly higher minimum initial investment. For our client accounts maintained in its custody, Schwab generally does not charge separately for custody services but is compensated by account holders through commissions and other transaction- related or asset-based fees for securities trades that are executed through Schwab or that settle into Schwab accounts. Schwab Advisor Services also makes available to us other products and services that benefit us but may not directly benefit our clients' accounts. Many of these products and services may be used to service all or some substantial number of our accounts, including accounts not maintained at Schwab. Schwab's products and services that assist us in managing and administering your' accounts include software and other technology that (i) provide access to your account data (such as trade confirmations and account statements); (ii) facilitate trade execution and allocate aggregated trade orders for multiple client accounts; (iii) provide research, pricing and other market data; (iv) facilitate payment of our fees from your account; and (v) assist with back-office functions, recordkeeping and client reporting. Schwab Advisor Services also offers other services intended to help us manage and further develop our business These services may include: (i) compliance, legal and business consulting; (ii) publications and conferences on practice management and business succession; and (iii) access to employee benefits providers, human capital consultants and insurance providers. Schwab may make available, arrange and/or pay third-party vendors for the types of services rendered to us. Schwab Advisor Services may discount or waive fees it would otherwise charge for some of these services or pay all or a part of the fees of a third-party providing these services to us. Schwab Advisor Services may also provide other benefits such as educational events or occasional business entertainment to us. As a fiduciary, we endeavor to act in the best interests of our clients. However, our recommendation that you maintain your assets in accounts at Schwab may be based in part on benefits provided to us by the availability of some of the foregoing products and services and not solely on the nature, cost, or quality of custody and brokerage services provided by Schwab to us, which may create a potential conflict of interest. Northstar Financial Planning, LLC and its associated persons endeavor at all times to put the interest of the clients first as part of their fiduciary duty. The provision of investment advice is conducted on a Fee-Only basis and there is never any receipt of commissions, kickbacks or additional compensation on investment products which could create a potential conflict of interest. You may be charged transaction fees involved when purchasing or selling securities through the selected broker-dealer/custodian. We do not share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer/custodian. Additionally the commission/transaction fees charged by the recommended broker-dealer/custodian may be higher or lower than those charged by other broker-dealer/custodians. Order Aggregation Northstar Financial Planning, LLC does not aggregate transactions for multiple client accounts. Most trades are mutual funds or exchange-traded funds where trade aggregation does not garner any client benefit. 20  Directed Brokerage In limited circumstances, and at our discretion, some clients may instruct our firm to use one or more particular brokers for the transactions in their accounts. If you choose to direct our firm to use a particular broker, you should understand that this might prevent from effectively negotiating brokerage commissions on your behalf. This practice may also prevent our firm from obtaining favorable net price and execution. Thus, when directing brokerage business, you should consider whether the commission expenses, execution, clearance, and settlement capabilities that you will obtain through your broker are adequately favorable in comparison to those that we would otherwise obtain for you. Betterment Brokerage Services With respect to the Betterment Wrap Program, Betterment Securities is responsible for execution of securities transactions and maintains custody of customer assets. Betterment Securities exercises no discretion in determining if and when trades are placed; it places trades only at the direction of Betterment. Clients should understand that the appointment of Betterment Securities as the broker for their accounts held at Betterment may result in their receiving less favorable trade executions than may be available through the use of broker-dealers that are not affiliated with Betterment. If Advisor's Clients do not wish to place assets with or execute trades through Betterment Securities, then Betterment cannot manage Advisor's Client accounts on the Betterment Advisor Solutions platform. Order Aggregation With respect to traditional securities portfolios, Betterment places aggregated orders involving multiple Betterment accounts trading in the same securities. Orders for the purchase or sale of securities are routed by Betterment Securities to Apex Clearing Corporation ("Apex"), the clearing broker used by Betterment Securities, for managed execution. Apex is entitled to receive payments or rebates on orders from Betterment Securities, but Apex does not pass on to Betterment Securities any portion of such payments. Research and Soft Dollar Benefits Betterment does not provide research or other products and services to third-party Advisors in connection with Client securities transactions. Brokerage for Client Referrals Betterment does not work with broker-dealers other than its affiliate, Betterment Securities, and Betterment does not receive client referrals from Betterment Securities. Directed Brokerage With respect to traditional securities portfolios, Clients are required to maintain wrap accounts and execute transactions through Betterment Securities. Betterment does not permit Clients to direct brokerage. Additional information regarding Betterment Securities can be found on FINRA's BrokerCheck. Products and Services Available to Us from Dimensional Fund Advisors ("DFA") Northstar has access to DFA's broad range of investment offerings, performance data, research, analytical tools to manage Client accounts. Additionally, Northstar has access to trainings and materials to assist with client communication. These products and services are available to all advisers who establish a relationship with DFA without meeting additional criteria. These are typical services available from most mutual fund companies in order to provide additional education about their products and the economy. Services That Benefit You. Access to DFA's institutional investment offerings. 21  Services That May Not Directly Benefit You. DFA also makes available to us other services that may not directly benefit you or your account. Theses services assist us in managing and administering our Clients' accounts. Services That Generally Benefit Only Us. DFA also offers other services intended to help us manage and further develop our business enterprise. These services include:  Educational conferences and events  Publications and conferences on practice management and business succession. Our Interest in DFA Northstar is a DFA-authorized Advisor and our relationship with DFA is based on shared views about how capital markets work and how best to provide clients with a successful investment experience. Investments are not available directly to individuals but are limited to clients of a select group of financial advisory firms like Northstar. The availability of these services from DFA benefits us because we do not have to produce or purchase them. We do not have to pay directly for these services. Item 13 Review of Accounts Periodic Reviews Robin Young, President, Alexa Darbe, Rachel DeCarolis, and Julie Fortin, Wealth Managers, monitor Investment Management Accounts on a continuous basis and conduct periodic reviews of accounts to determine if changes in investments strategies are needed to achieve client goals. Financial Plans are reviewed and updated on a periodic basis as deemed necessary by Northstar Financial Planning, LLC. Specific reviews of a financial plan may be prompted by request of the client. Review Triggers Other conditions that may trigger a review are changes in the tax laws, new investment information, and changes in a client's own situation. Regular Reports Clients receive periodic communications on at least an annual basis. Wealth Management clients receive semi-annual portfolio performance statements. In addition, clients will receive periodic statements and confirmations from the account custodian. Item 14 Client Referrals and Other Compensation Charles Schwab & Co., Inc. (Schwab Advisor Services) In addition, we receive an economic benefit from Schwab Advisor Services ("Schwab") in the form of the support products and services it makes available to us and other independent investment advisors whose clients maintain their accounts at Schwab. These products and services, how they benefit us, and the related conflicts of interest are described above (see Item 12 - Brokerage Practices). The availability to us of Schwab's products and services is not based on us giving particular investment advice, such as buying particular securities for our clients. Referral Arrangements We utilize a lead generation service network, Wealthramp (www.wealthramp.com), for client referrals. Wealthramp will provide up three potential investment advisors that match specified criteria. Northstar Financial Planning will pay Wealthramp a portion of the fees received by each solicited client ("Referral Fee"). The Referral Fee is equal to 25% of gross fees received in the first year from the referred client, 15% in the second year, and 10% thereafter for as long as the solicited client is retained by the advisory firm in accordance to Northstar Financial Planning's executed agreement with the client. 22  Referral Fees will cease once the solicited client and Northstar Financial Planning's relationship terminates. Referral Fees will be paid to Wealthramp within thirty (30) days following the receipt of fees from each solicited client. Betterment Advisor Solutions We receive non-economic benefits from Betterment in the form of support products and services Betterment makes available to us. See Item 12, Brokerage Practices for additional details. Item 15 Custody Your custodian will directly debit your account(s) for the payment of our advisory fees. This ability to deduct our advisory fees from your account(s) causes our firm to exercise limited custody over your funds or securities. We do not have physical custody of any of your funds and/or securities. Your funds and securities will be held with a bank, broker-dealer, or other independent, qualified custodian. You will receive account statements from the independent, qualified custodian(s) holding your funds and securities at least quarterly. The account statements from your custodian(s) will indicate the amount of our advisory fees deducted from your account(s) each billing period. You should carefully review account statements for accuracy. We will also provide statements to you reflecting the amount of advisory fee deducted from your account. You should compare our statements with the statements from your account custodian(s) to reconcile the information reflected on each statement. If you have a question regarding your account statement or if you did not receive a statement from your custodian, please contact Robin Young at 603.458.2776. Betterment Custody Services Betterment Securities maintains custody of our Clients' traditional securities and cash assets that are managed by Betterment. Clients can review their account statements in their Betterment accounts. Clients receive periodic emails from Betterment with information about their accounts as well as links to account statements. We encourage Clients to carefully and promptly review those statements. Clients with IRAs also agree to specific custodial agreements with Millennium Trust Company, who serves as the custodian for Betterment IRA accounts. Item 16 Investment Discretion Discretionary Authority for Trading Northstar Financial Planning, LLC accepts discretionary authority to manage securities accounts on behalf of clients. Northstar Financial Planning, LLC has the authority to determine, without obtaining specific client consent, the securities to be bought or sold, and the amount of the securities to be bought or sold. Discretionary trading authority facilitates placing trades in your accounts on your behalf so that we may promptly implement the investment policy that you have approved in writing. Discretionary authority is granted via a limited power of attorney executed by the client. The client approves the custodian to be used and the commission rates paid to the custodian. Northstar Financial Planning, LLC does not receive any portion of the transaction fees or commissions paid by the client to the custodian on certain trade. Betterment Advisor Solutions Clients who participate in the Betterment wrap fee program have discretionary accounts, meaning that Advisor and Betterment can buy and sell investments on Client's behalf when they determine it is appropriate to do so. Betterment uses algorithms to advise Clients and manage their accounts. These 23  algorithms are developed, overseen, and monitored by Betterment's investment advisory personnel. To use Betterment's investment services, Clients and/or we will inform Betterment of a Client's financial goals and personal information through Betterment's online applications. Betterment provides Advisors and Clients with information about its offered portfolio strategies to inform their decision-making but does not make recommendations to Clients that they invest in any particular strategy. Each portfolio is associated with a target allocation of investment types and/or asset classes but you or Clients can modify Betterment's initial target allocation as desired. If Advisor places a Client in a Custom Portfolio, Betterment will allocate the Client's accounts in accordance with Advisor's parameters specified in the Custom Portfolio rather than based on Betterment's own investment methodology. In the absence of a contrary direction, Betterment periodically rebalances Client portfolios so that in the face of fluctuating market prices each Client's portfolio remains within a range of the target allocation. Betterment also offers optional tax loss harvesting and automated asset location services. Clients will have fewer opportunities to harvest tax losses if an Advisor elects for that Client a Custom Portfolio strategy with fewer asset classes than are included in the Betterment portfolio strategy. Item 17 Voting Client Securities Proxy Votes We will not vote proxies on behalf of advisory accounts. At your request, we may offer you advice regarding corporate actions and the exercise of your proxy voting rights. If you own shares of common stock or mutual funds, you are responsible for exercising your right to vote as a shareholder. In most cases, you will receive proxy materials directly from the account custodian. However, in the event we were to receive any written or electronic proxy materials, the materials would be forwarded directly to you by mail, unless you have authorized the firm to contact you by electronic mail, in which case, we would forward any electronic solicitation to vote proxies. Class Action Lawsuits We do not determine if securities held by you are the subject of a class action lawsuit or whether you are eligible to participate in class action settlements or litigation nor do we initiate or participate in litigation to recover damages on your behalf for injuries as a result of actions, misconduct, or negligence by issuers of securities held by you. Betterment Advisor Solutions For assets managed on the Betterment Advisor Solutions platform, Clients delegate to Betterment the authority to receive and vote all proxies and related materials for any security held in Betterment accounts. Betterment maintains policies and procedures reasonably designed to mitigate conflicts of interest and reasonably ensure that proxy matters are conducted in the best interest of Clients. Betterment will only vote on proxies and respond to corporate actions associated with securities that Betterment currently selects for Betterment Constructed Portfolios (as defined above) and will abstain from voting on other securities, including but not limited to those securities only present in third-party portfolios, Advisor custom portfolios, or securities transferred to Betterment via ACATS, in each case that are not already supported in a Betterment Constructed Portfolio. If a security is present in Betterment Constructed Portfolios and outside of Betterment Constructed Portfolios, Betterment will vote on proxies associated with that security in all portfolios in which it is held. Betterment will abstain from voting on such proxies if it determines that abstaining is in the best interest of its clients. Additional information about proxy matters is contained in Betterment's Form ADV Part 2A. 24  Item 18 Financial Information We do not take physical custody of client funds or securities, or serve as trustee or signatory for client accounts, and, we do not require the prepayment of more than $1,200 in fees six or more months in advance. Therefore, we are not required to include a financial statement with this brochure. We have not filed a bankruptcy petition at any time in the past ten years. Item 19 Requirements for State Registered Investment Advisers We are a federally registered investment adviser; therefore, we are not required to respond to this item. Item 20 Additional Information Privacy Northstar Financial Planning, LLC is committed to maintaining the confidentiality, integrity and security of the personal information that is entrusted to us. The categories of nonpublic information that we collect from you may include information about your personal finances, information about your health to the extent that it is needed for the financial planning process, information about transactions between you and third parties, and information from consumer reporting agencies, e.g., credit reports. We use this information to help you meet your personal financial goals. With your permission, we disclose limited information to attorneys, accountants, and mortgage lenders with whom you have established a relationship., We share a limited amount of information about you with service providers, such as the custodian of your account, so that we may provide services to you. We maintain a secure office to ensure that your information is not placed at unreasonable risk. We employ a firewall barrier, secure data encryption techniques and authentication procedures in our computer environment. We do not provide your personal information to mailing list vendors or solicitors. We require strict confidentiality in our agreements with unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors. Federal and state securities regulators may review our Company records and your personal records as permitted by law. Personally identifiable information about you will be maintained while you are a client, and for the required period thereafter that records are required to be maintained by federal and state securities laws. After that time, information may be destroyed. We will notify you in advance if our privacy policy is expected to change. We are required by law to deliver this Privacy Notice to you annually, in writing. Trade Errors From time-to-time we may make an error in submitting a trade order on your behalf. In these situations, our policy is to restore your account to the position it should have been in had the trading error not occurred. Depending on the circumstances, corrective actions may include canceling the trade, adjusting an allocation, and/or reimbursing the account. For accounts maintained at Schwab, if a profit results from the correcting trade, the profit will remain in your account unless the same error involved other client account(s) that should have received the gain, it is not permissible for you to retain the gain, or we confer with you and you decide to forego the gain 25  (e.g., due to tax reasons). If the profit does not remain in your account and Schwab is the custodian, Schwab donates gains of $100 or more to charity. If a loss occurs greater than $100, our firm will pay for the loss. Schwab may retain gains of $100 or less, if they are not kept in your account, to offset administrative expenses. Generally, if related trade errors result in both gains and losses in your account, they may be netted. IRA Rollover Considerations As part of our investment advisory services to you, we may recommend that you withdraw the assets from your employer's retirement plan and roll the assets over to an individual retirement account ("IRA") that we will manage on your behalf. If you elect to roll the assets to an IRA that is subject to our management, we will charge you an asset based fee as set forth in the agreement you executed with our firm. This practice presents a conflict of interest because persons providing investment advice on our behalf have an incentive to recommend a rollover to you for the purpose of generating fee based compensation rather than solely based on your needs. You are under no obligation, contractually or otherwise, to complete the rollover. Moreover, if you do complete the rollover, you are under no obligation to have the assets in an IRA managed by our firm. Many employers 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: An employee will typically have four options: 1. Leaving the funds in your employer's (former employer's) plan. 2. Moving the funds to a new employer's retirement plan. 3. Cashing out and taking a taxable distribution from the plan. 4. Rolling the funds into an IRA rollover account. Each of these options has advantages and disadvantages and before making a change we encourage you to speak with your representative of your former employer's plan, your CPA and/or tax attorney. If you are considering rolling over your retirement funds to an IRA for us to manage here are a few points to consider before you do so: 1. Determine whether the investment options in your employer's retirement plan address your needs or whether you might want to consider other types of investments. i. Employer retirement plans generally have a more limited investment menu than IRAs. ii. Employer retirement plans may have unique investment options not available to the public such as employer securities, or previously closed funds. 2. Your current plan may have lower fees than our fees. i. 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. ii. You should understand the various products and services you might take advantage of at an IRA provider and the potential costs of those products and services. 3. Our strategy may have higher risk than the option(s) provided to you in your plan. 4. Your current plan may also offer financial advice. 5. If you keep your assets titled in a 401k or retirement account, you may be able to delay required minimum distributions (RMDs) beyond the standard RMD age—now 73 under the SECURE Act 2.0—if you are still working and meet certain conditions. 6. Your 401k may offer more liability protection than a rollover IRA; each state may vary. 26  i. 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 some exceptions to the general rules so you should consult with 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, 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 the purchase of a home. 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 us as the manager and keep the assets titled in the plan name. It is important that you understand the differences between these types of accounts and to decide whether a rollover is best for you. Prior to proceeding, if you have questions contact your investment adviser representative, or call our main number as listed on the cover page of this brochure. 27  Robin A. Young, President, CFP®, RLP®, CeFT® Northstar Financial Planning, LLC 112 Range Road Windham, NH 03087 Telephone: 603.458.2776 Email: robin@northstarfp.com November 19, 2020 FORM ADV PART 2B BROCHURE SUPPLEMENT This brochure supplement provides information about Robin Young that supplements the Northstar Financial Planning, LLC brochure. You should have received a copy of that brochure. Please contact us at 603-458-2776 if you did not receive Northstar Financial Planning, LLC's brochure or if you have any questions about the contents of this supplement. Additional information about Robin Young is available on the SEC's website at www.adviserinfo.sec.gov. Please retain this Form ADV Brochure Supplement for future reference, as it contains important information if you decide to add services or establish additional advisory accounts at Northstar Financial Planning, LLC. We will provide you with an updated copy of this Brochure only if there are material changes to the information in Item 3 (Disciplinary Information). 1 ©2017 National Compliance Services 800-800-3204  Item 2 Educational Background and Business Experience Robin A, Young, CFP®, RLP®, CeFT® Year of Birth: 1964 Educational Background: • Plymouth State College, 1986, B.S., Business • Suffolk University, 1999, MBA, Finance • College of Financial Planning, 2002, Diploma in Financial Planning Business Experience: • Northstar Financial Planning, LLC, Vice President/President, 2004 - Present • The Colony Group, Senior Financial Consultant, 1992 - 2003 Memberships: • Financial Planning Association (2002-present) • New Hampshire Estate Planning Council (2004-present) • Kinder Institute, Registered Life Planner (2007-present) Certifications: Certified Financial Planner™ ('CFP®) The CERTIFIED FINANCIAL PLANNER™, CFP® and federally registered CFP (with flame design) marks (collectively, the "CFP® marks") are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. ("CFP Board"). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Currently, more than 62,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Education – Complete an advanced college-level course of study addressing the financial planning subject areas that CFP Board's studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor's Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board's financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; Examination – Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one's ability to correctly diagnose financial planning issues and apply one's knowledge of financial planning to real world circumstances; Experience – Complete at least three years of full-time financial planning-related experience (or the equivalent, measured as 2,000 hours per year); and Ethics – Agree to be bound by CFP Board's Standards of Professional Conduct, a set of documents outlining the ethical and practice standards for CFP® professionals. 2 ©2017 National Compliance Services 800-800-3204  Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: Continuing Education – Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board's enforcement process, which could result in suspension or permanent revocation of their CFP® certification. Registered Life Planner (RLP®): Registered Life Planners are licensed by the Kinder Institute. RLP certification requirements: • Complete a comprehensive workshop curriculum • Complete a 6-month mentorship program consisting of 6 month online case study seminar Certified Financial Transitionist (CeFT®) The Certified Financial Transitionist, CeFT® designation is issued by The Financial Transitionist Institute. The CeFT® is a level-up designation, and as such only individuals who hold a Certified Financial Planner®, Certified Investment Management Analyst®, Certified Private Wealth Advisor®, Chartered Financial Analyst®, Chartered Financial Consultant ®, Certified Divorce Financial Analyst®, or Certified Public Accountant/Personal Financial Specialist designation can sit for certification. There are two parts to complete the program; Core is shorthand for our yearlong program in Financial Transitions Planning. It involves the study of the stages of transition, how people behave during transition, and how to most skillfully work with them. The exam evaluates the skill of the candidate in the application of Financial Transitionist® tools and protocols through role-playing/oral exam, written case essays, structured response, multiple-choice testing. Those awarded the Certified Financial Transitionist, CeFT® designation are required to complete 15 hours continuing education per year, including 10 hours through Financial Transitionist Institute/Sudden Money Institute. Item 3 Disciplinary Information Robin Young has no reportable disciplinary information. Item 4 Other Business Activities Robin Young has no other business activities Item 5 Additional Compensation Robin Young does not receive any additional compensation for providing advisory services beyond that received as President of Northstar Financial Planning, LLC. 3 ©2017 National Compliance Services 800-800-3204  Item 6 Supervision As President and Chief Compliance Officer of Northstar Financial Planning, LLC, Robin Young is not supervised by other persons. 4 ©2017 National Compliance Services 800-800-3204  Alexa F. Darbe, CFP®, CeFT® Northstar Financial Planning, LLC 112 Range Road Windham, NH 03087 Telephone: 603.458.2776 Email: adarbe@northstarfp.com November 19, 2020 FORM ADV PART 2B BROCHURE SUPPLEMENT This brochure supplement provides information about Alexa Darbe that supplements the Northstar Financial Planning, LLC brochure. You should have received a copy of that brochure. Please contact us at 603-458-2776 if you did not receive Northstar Financial Planning, LLC's brochure or if you have any questions about the contents of this supplement. Additional information about Alexa Darbe is available on the SEC's website at www.adviserinfo.sec.gov. Please retain this Form ADV Brochure Supplement for future reference, as it contains important information if you decide to add services or establish additional advisory accounts at Northstar Financial Planning, LLC. We will provide you with an updated copy of this Brochure only if there are material changes to the information in Item 3 (Disciplinary Information). 1 ©2017 National Compliance Services 800-800-3204  Item 2 Educational Background and Business Experience Alexa F. Darbe, CFP®, CeFT® Year of Birth: 1974 Educational Background: • Tufts University, 1996, BS, Psychology • Boston University's Program for Financial Planners, 2000, Certificate in Financial Planning Business Experience: • Northstar Financial Planning, LLC, Wealth Manager, 2007 - Present • First Financial Trust, Assistant Vice President, 2000 - 2006 Memberships: • Financial Planning Association (2001-present) Certifications: Certified Financial Planner™ (CFP®) The CERTIFIED FINANCIAL PLANNER™, CFP® and federally registered CFP (with flame design) marks (collectively, the "CFP® marks") are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. ("CFP Board"). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Currently, more than 62,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Education – Complete an advanced college-level course of study addressing the financial planning subject areas that CFP Board's studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor's Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board's financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; Examination – Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one's ability to correctly diagnose financial planning issues and apply one's knowledge of financial planning to real world circumstances; Experience – Complete at least three years of full-time financial planning-related experience (or the equivalent, measured as 2,000 hours per year); and Ethics – Agree to be bound by CFP Board's Standards of Professional Conduct, a set of documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: 2 ©2017 National Compliance Services 800-800-3204  Continuing Education – Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and Ethics – Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board's enforcement process, which could result in suspension or permanent revocation of their CFP® certification. Certified Financial Transitionist (CeFT®) The Certified Financial Transitionist, CeFT® designation is issued by The Financial Transitionist Institute. The CeFT® is a level-up designation, and as such only individuals who hold a Certified Financial Planner®, Certified Investment Management Analyst®, Certified Private Wealth Advisor®, Chartered Financial Analyst®, Chartered Financial Consultant ®, Certified Divorce Financial Analyst®, or Certified Public Accountant/Personal Financial Specialist designation can sit for certification. There are two parts to complete the program; Core is shorthand for our yearlong program in Financial Transitions Planning. It involves the study of the stages of transition, how people behave during transition, and how to most skillfully work with them. The exam evaluates the skill of the candidate in the application of Financial Transitionist® tools and protocols through role-playing/oral exam, written case essays, structured response, multiple-choice testing. Those awarded the Certified Financial Transitionist, CeFT® designation are required to complete 15 hours continuing education per year, including 10 hours through Financial Transitionist Institute/Sudden Money Institute. Item 3 Disciplinary Information Alexa Darbe has no reportable disciplinary information. Item 4 Other Business Activities Alexa Darbe has no other business activities Item 5 Additional Compensation Alexa Darbe does not receive any additional compensation for providing advisory services beyond that received as Wealth Manager of Northstar Financial Planning, LLC. Item 6 Supervision Robin Young, President and Chief Compliance Officer, is responsible for supervising Mrs. Darbe's advisory activities. As part of her supervisory responsibilities, Mrs. Young periodically reviews accounts and communications with clients. Mrs. Young can be reached at 603-458-2776 or robin@northstarfp.com. 3 ©2017 National Compliance Services 800-800-3204  Rachel N. DeCarolis, CFP®, CeFT® Northstar Financial Planning, LLC 112 Range Road Windham, NH 03087 Telephone: 603.458.2776 Email: rdecarolis @northstarfp.com November 19, 2020 FORM ADV PART 2B BROCHURE SUPPLEMENT This brochure supplement provides information about Rachel N. DeCarolis that supplements the Northstar Financial Planning, LLC brochure. You should have received a copy of that brochure. Contact us at 603-458-2776 if you did not receive Northstar Financial Planning, LLC's brochure or if you have any questions about the contents of this supplement. Additional information about Rachel N. DeCarolis (CRD # 6482778) is available on the SEC's website at www.adviserinfo.sec.gov. Please retain this Form ADV Brochure Supplement for future reference, as it contains important information if you decide to add services or establish additional advisory accounts at Northstar Financial Planning, LLC. We will provide you with an updated copy of this Brochure only if there are material changes to the information in Item 3 (Disciplinary Information). 1 ©2017 National Compliance Services 800-800-3204  Item 2 Educational Background and Business Experience Rachel N. DeCarolis, CFP®, CeFT® Year of Birth: 1982 Formal Education After High School: • Bentley University, MBA Financial Planning, 2007 • University of Arkansas, BA Psychology, 2004 Business Background: • Northstar Financial Planning, LLC, Investment Adviser Representative, 11/2017 - Present • Northstar Financial Planning, LLC, Wealth Manager, 10/2017 - Present • Perennial Advisors Group, LLC, Financial Advisor, 8/2015 - 11/2017 • Carpenter Associates, Financial Planning Analyst, 6/2007 - 8/2015 Certifications: The CERTIFIED FINANCIAL PLANNERTM, CFP® and federally registered CFP® (with flame design) marks (collectively, the "CFP® marks") are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. ("CFP Board"). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Currently, more than 63,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: - Complete an advanced college-level course of study addressing the financial • Education planning subject areas that CFP Board's studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor's Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board's financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; • Examination - Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one's ability to correctly diagnose financial planning issues and apply one's knowledge of financial planning to real world circumstances; - Complete at least three years of full-time financial planning-related experience (or • Experience the equivalent, measured as 2,000 hours per year); and - Agree to be bound by CFP Board's Standards of Professional Conduct, a set of • Ethics documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: • Continuing Education - Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and • Ethics - Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a 2 ©2017 National Compliance Services 800-800-3204  fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board's enforcement process, which could result in suspension or permanent revocation of their CFP® certification. Certified Financial Transitionist (CeFT®) The Certified Financial Transitionist, CeFT® designation is issued by The Financial Transitionist Institute. The CeFT® is a level-up designation, and as such only individuals who hold a Certified Financial Planner®, Certified Investment Management Analyst®, Certified Private Wealth Advisor®, Chartered Financial Analyst®, Chartered Financial Consultant ®, Certified Divorce Financial Analyst®, or Certified Public Accountant/Personal Financial Specialist designation can sit for certification. There are two parts to complete the program; Core is shorthand for our yearlong program in Financial Transitions Planning. It involves the study of the stages of transition, how people behave during transition, and how to most skillfully work with them. The exam evaluates the skill of the candidate in the application of Financial Transitionist® tools and protocols through role-playing/oral exam, written case essays, structured response, multiple-choice testing. Those awarded the Certified Financial Transitionist, CeFT® designation are required to complete 15 hours continuing education per year, including 10 hours through Financial Transitionist Institute/Sudden Money Institute. Item 3 Disciplinary Information Form ADV Part 2B requires disclosure of certain criminal or civil actions, administrative proceedings, and self-regulatory organization proceedings, as well as certain other proceedings related to suspension or revocation of a professional attainment, designation, or license. Ms. Rachel N. DeCarolis has no required disclosures under this item. Item 4 Other Business Activities Rachel N. DeCarolis is not actively engaged in any other business or occupation (investment-related or otherwise) beyond her capacity as Wealth Manager of Northstar Financial Planning, LLC. Moreover, Ms. DeCarolis does not receive any commissions, bonuses or other compensation based on the sale of securities or other investment products. Item 5 Additional Compensation Rachel N. DeCarolis does not receive any additional compensation beyond that received as an Wealth Manager of Northstar Financial Planning, LLC. Item 6 Supervision Robin Young, President and Chief Compliance Officer, is responsible for supervising Rachel N. DeCarolis's advisory activities. As part of her supervisory responsibilities, Mrs. Young periodically reviews accounts and communications with clients. Mrs. Young can be reached at 603-458-2776 or robin@northstarfp.com. 3 ©2017 National Compliance Services 800-800-3204  Julie Fortin, CFP®, FBS®, CeFT® Northstar Financial Planning, LLC 112 Range Road Windham, NH 03087 Telephone: 603.458.2776 Email: julie@northstarfp.com December 19, 2023 FORM ADV PART 2B BROCHURE SUPPLEMENT This brochure supplement provides information about Julie Fortin that supplements the Northstar Financial Planning, LLC brochure. You should have received a copy of that brochure. Contact us at 603-458-2776 if you did not receive Northstar Financial Planning, LLC's brochure or if you have any questions about the contents of this supplement. Additional information about Julie Fortin (CRD # 6605205) is available on the SEC's website at www.adviserinfo.sec.gov. Please retain this Form ADV Brochure Supplement for future reference, as it contains important information if you decide to add services or establish additional advisory accounts at Northstar Financial Planning, LLC We will provide you with an updated copy of this Brochure only if there are material changes to the information in Item 3 (Disciplinary Information). 1 ©2017 National Compliance Services 800-800-3204  Item 2 Educational Background and Business Experience Julie Fortin, CFP®, FBS®, CeFT® Year of Birth: 1975 Formal Education After High School: • Suffolk University, MS Finance, 2002 • Westfield State University, BS Business, 1998 Business Background: • Northstar Financial Planning, LLC, Wealth Manager/Investment Advisor Representative 5/2014 - Present • Advanced Portfolio Design, LLC, Assistant Advisor, 10/2007 - 4/2014 Certifications: The CERTIFIED FINANCIAL PLANNERTM, CFP® and federally registered CFP® (with flame design) marks (collectively, the "CFP® marks") are professional certification marks granted in the United States by Certified Financial Planner Board of Standards, Inc. ("CFP Board"). The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Currently, more than 63,000 individuals have obtained CFP® certification in the United States. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: - Complete an advanced college-level course of study addressing the financial • Education planning subject areas that CFP Board's studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor's Degree from a regionally accredited United States college or university (or its equivalent from a foreign university). CFP Board's financial planning subject areas include insurance planning and risk management, employee benefits planning, investment planning, income tax planning, retirement planning, and estate planning; • Examination - Pass the comprehensive CFP® Certification Examination. The examination, administered in 10 hours over a two-day period, includes case studies and client scenarios designed to test one's ability to correctly diagnose financial planning issues and apply one's knowledge of financial planning to real world circumstances; - Complete at least three years of full-time financial planning-related experience (or • Experience the equivalent, measured as 2,000 hours per year); and - Agree to be bound by CFP Board's Standards of Professional Conduct, a set of • Ethics documents outlining the ethical and practice standards for CFP® professionals. Individuals who become certified must complete the following ongoing education and ethics requirements in order to maintain the right to continue to use the CFP® marks: • Continuing Education - Complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field; and • Ethics - Renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning 2 ©2017 National Compliance Services 800-800-3204  services in the best interests of their clients. CFP® professionals who fail to comply with the above standards and requirements may be subject to CFP Board's enforcement process, which could result in suspension or permanent revocation of their CFP® certification. CERTIFIED FINANCIAL BEHAVIOR SPECIALIST™ The Certified Financial Behavior Specialist™ (FBS®) designation is a professional certification mark for financial professionals providing financial consulting services conferred by the Financial Psychology Institute™. To receive authorization to use the marks, the candidate must meet specific educational and continuing education requirements in the areas of behavioral finance and financial behavior. Certification Requirements • Bachelor's Degree or higher from a Regionally Accredited Institute of higher learning and/or a License, Registration, or Certification in financial planning, counseling, coaching, mental health, or a related field • Completion of a Certificate in Financial Psychology & Behavioral Finance or related field • Adherence to a "fiduciary standard" in interactions with clients and to follow the ethics code of either the CFP Board and/or American Psychological Association, depending on profession. • 20 Hours of CEUs in approved courses related to financial planning, financial behavior, or a related field every 2 years, either through the Financial Psychology Institute™ or other approved providers • Two letters of recommendation from professionals familiar with financial psychology or financial therapy, and who are also familiar with your work. Certificants include practicing financial planners, financial coaches, financial counselors, and mental health practitioners who use the theories and tools of financial behavior to provide more holistic services to clients, better understand financial beliefs and behaviors, and work more effectively with individuals, couples, families, and organizations around money. Certified Financial Transitionist (CeFT®) The Certified Financial Transitionist, CeFT® designation is issued by The Financial Transitionist Institute. The CeFT® is a level-up designation, and as such only individuals who hold a Certified Financial Planner®, Certified Investment Management Analyst®, Certified Private Wealth Advisor®, Chartered Financial Analyst®, Chartered Financial Consultant ®, Certified Divorce Financial Analyst®, or Certified Public Accountant/Personal Financial Specialist designation can sit for certification. There are two parts to complete the program; Core is shorthand for our yearlong program in Financial Transitions Planning. It involves the study of the stages of transition, how people behave during transition, and how to most skillfully work with them. The exam evaluates the skill of the candidate in the application of Financial Transitionist® tools and protocols through role-playing/oral exam, written case essays, structured response, multiple-choice testing. Those awarded the Certified Financial Transitionist, CeFT® designation are required to complete 15 hours continuing education per year, including 10 hours through Financial Transitionist Institute/Sudden Money Institute. 3 ©2017 National Compliance Services 800-800-3204  Item 3 Disciplinary Information Form ADV Part 2B requires disclosure of certain criminal or civil actions, administrative proceedings, and self-regulatory organization proceedings, as well as certain other proceedings related to suspension or revocation of a professional attainment, designation, or license. Ms. Julie Fortin has no required disclosures under this item. Item 4 Other Business Activities Julie Fortin is not actively engaged in any other business or occupation (investment-related or otherwise) beyond her capacity as Associate Planner of Northstar Financial Planning, LLC. Moreover, Ms. Fortin does not receive any commissions, bonuses or other compensation based on the sale of securities or other investment products. Item 5 Additional Compensation Julie Fortin does not receive any additional compensation beyond that received as an Wealth Manager of Northstar Financial Planning, LLC. Item 6 Supervision Robin Young, President and Chief Compliance Officer, is responsible for supervising Julie Fortin's advisory activities. As part of her supervisory responsibilities, Mrs. Young periodically reviews accounts and communications with clients. Mrs. Young can be reached at 603-458-2776 or robin@northstarfp.com. 4 ©2017 National Compliance Services 800-800-3204  Natalie Marin, CFP® Northstar Financial Planning, LLC 112 Range Road Windham, NH 03087 Telephone: 603-458-2776 Email: NMarin@northstarfp.com December 19, 2023 FORM ADV PART 2B BROCHURE SUPPLEMENT This brochure supplement provides information about Natalie Marin that supplements the Northstar Financial Planning, LLC brochure. You should have received a copy of that brochure. Contact us at 603-458-2776 if you did not receive Northstar Financial Planning, LLC's brochure or if you have any questions about the contents of this supplement. Additional information about Natalie Marin (CRD # 7271103) is available on the SEC's website at www.adviserinfo.sec.gov. Please retain this Form ADV Brochure Supplement for future reference, as it contains important information if you decide to add services or establish additional advisory accounts at Northstar Financial Planning, LLC. We will provide you with an updated copy of this Brochure only if there are material changes to the information in Item 3 (Disciplinary Information). 1  Item 2 Educational Background and Business Experience Natalie Marin, CFP® Year of Birth: 1996 Formal Education After High School: • Northeastern University, BS Business Administration and Mathematics, 2018 Business Background: • Northstar Financial Planning, LLC, Associate Wealth Advisor, 3/2022 - Present • Paladin Advisors LLC, Planning and Portfolio Analyst, 1/2020 - 2/2022 • Paladin Advisors LLC, Investment Administrator, 1/2019 - 12/2019 • Northeastern University, Student, 6/2017 - 1/2019 • Sun Life Financial, Actuarial Co-op, 1/2017 - 6/2017 • Northeastern University, Student, 9/2014 - 1/2017 • MFS Investment Management, Risk & Internal Control Co-op, 1/2016 - 6/2016 Certifications: CFP® 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. 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. 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: 2  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. Item 3 Disciplinary Information Natalie Marin has no reportable disciplinary information. Item 4 Other Business Activities Natalie Marin has no other business activities. Item 5 Additional Compensation Natalie Marin does not receive any additional compensation beyond that received as an Associate Wealth Advisor of Northstar Financial Planning, LLC. Item 6 Supervision Robin Young, President and Chief Compliance Officer, is responsible for supervising Ms. Marin's advisory activities. As part of her supervisory responsibilities, Mrs. Young periodically reviews accounts and communications with clients. Mrs. Young can be reached at 603-458-2776 or robin@northstarfp.com. 3