The Waterford Group, LLC

Alera Retirement Advisors, LLC, an SEC registered investment adviser, has been in operation since January 18, 2011. The firm's investment advisory services focus on discretionary portfolio management tailored to individual client needs, primarily utilizing Independent Managers, mutual funds, and exchange traded funds. Alera Retirement Advisors may also provide non-discretionary services for specific investment products. Clients have the ability to impose reasonable restrictions on their accounts and can request limited consultation services. The firm's investment strategy involves fundamental analysis and a proprietary scoring system for evaluating investments. Alera Retirement Advisors generally charges an annual fee based on a percentage of assets under management, with a minimum portfolio size requirement of $1,000,000. The firm may also provide retirement plan advisory services under ERISA regulations. Alera Retirement Advisors exercises investment discretion on behalf of clients and may vote client securities proxies. The firm maintains custody of client assets through designated financial institutions and has a Code of Ethics in place to ensure compliance with securities laws. Alera Retirement Advisors may receive benefits from third parties, such as Charles Schwab & Co., Inc., for providing services. The firm does not provide services for performance-based fees and has no disciplinary disclosures.