Professional Services & Fiduciary Disclosure

1. Two kinds of relationship: software, and optional professional services

Velira is offered in four tiers. The entry tier, Velira OS, is a financial-information and education SOFTWARE tier. The three higher tiers — Velira Wealth, Velira Tax, and Velira Estate — add a dedicated, licensed HUMAN professional. This document explains how the human tiers work and how they differ from the software. It supplements, and is read together with, the Terms of Service, the No Investment, Tax, or Legal Advice notice, and the Privacy Policy.

The Velira OS software — which is also included in every higher tier — provides only general, impersonal educational information and tools: account aggregation, dashboards, summaries, projections and scenarios, and illustrative model and framework outputs. The software itself is not investment, tax, or legal advice, is not tailored to your individual situation in the way a licensed professional advising you would be, and creates no advisory or fiduciary relationship. It is read-only and propose-only: it never places a trade, moves money, or takes custody, and you act on what it shows you at your own discretion.

When you engage one of the human tiers, you additionally receive PERSONALIZED professional services from a licensed individual assigned to you, under a separate written engagement. That is a genuine professional relationship — the professional considers your particular circumstances and gives advice tailored to you. The disclosures in this document describe that relationship. Where this document and the general software disclaimers appear to conflict for a client on a human tier, this document governs the scope of the professional's services to that client.

Registration status. Velira is pursuing registration as an investment adviser with the assistance of counsel. The human-professional tiers are offered only once that registration is effective; upon effectiveness, Velira acts as a fiduciary on those tiers, and the advisory relationship is additionally governed by the Investment Advisory Agreement, Form ADV, and Form CRS published at /legal. Until the registration is effective, Velira does not offer or provide personalized investment advice.

2. Velira Wealth — a dedicated fiduciary CFP®

Velira Wealth adds a dedicated CERTIFIED FINANCIAL PLANNER™ (CFP®) professional who provides personalized financial-planning and investment advice: continuous portfolio monitoring, drift and rebalancing guidance, asset-location and equity-compensation planning, and ongoing plan maintenance grounded in your real, connected financial picture.

Fiduciary standard. On Velira Wealth, the CFP® professional acts as your FIDUCIARY and is held to a best-interest standard — a duty of loyalty and a duty of care that requires putting your interests ahead of the professional's and the firm's own. We do not charge asset-based (AUM) fees, performance fees, or commissions, and the professional does not receive third-party compensation for your transactions; the flat annual fee is the only compensation for the advisory relationship. Material conflicts of interest, and the fees and services in full, are described in our client relationship summary and firm brochure, which you receive when the advisory relationship is established.

Non-discretionary; no custody. The advice is NON-DISCRETIONARY and propose-only. Your CFP® professional recommends the move; YOU decide and YOU place every order yourself, in your own account at your own broker-dealer. Neither Velira nor your professional ever takes custody of your assets, holds or moves your money, or has authority to trade for you.

3. Velira Tax — a dedicated CPA for personal tax (personal only)

Velira Tax includes everything in Velira Wealth and adds a dedicated Certified Public Accountant (CPA) for year-round PERSONAL tax planning and for the preparation and filing of your personal U.S. individual income tax return (Form 1040), including the corresponding personal state returns. Your CPA coordinates tax planning with your financial plan — for example, tax-loss harvesting, asset location, Roth-conversion and bracket planning, and estimated-payment guidance — so your portfolio strategy and your filing stay aligned.

PERSONAL SCOPE ONLY — WHAT IS NOT INCLUDED. The CPA engagement is limited to your personal tax matters. It does NOT include business-entity or corporate tax returns (for example, Form 1120, Form 1120-S, or Form 1065 for an S-corporation, C-corporation, or partnership), business bookkeeping, or payroll services. Velira tracks your personal net worth in full — including privately held business interests, real estate, and private holdings — but the CPA does not prepare entity returns or maintain business books. If you need corporate tax, bookkeeping, or payroll work, you should retain a separate professional for those services.

Professional standards; you remain responsible for your return. Your CPA performs tax services in accordance with applicable professional standards, including the AICPA Statements on Standards for Tax Services and applicable state-board and IRS rules. Tax positions depend on the accuracy and completeness of the information you provide; you are responsible for reviewing your return before it is filed and for maintaining supporting records. Tax law is complex and fact-specific, and outcomes are not guaranteed.

4. Velira Estate — a dedicated Estate Planner

Velira Estate includes everything in Velira Tax and adds a dedicated Estate Planner for personal legacy work: legacy structuring, trust funding and alignment, titling and beneficiary-designation validation, and multi-generational maintenance of your plan. The software also generates informational estate-document templates (such as a will, trust, power of attorney, and healthcare directive) to help you organize your plan.

Legal advice and document execution. Estate planning can involve the practice of law. Where the service includes the drafting of legal documents or the provision of legal advice, that work is performed by, or under the supervision of, a licensed attorney in your jurisdiction; where it is not, software-generated estate documents are informational templates that you should have reviewed and executed with your own licensed attorney and in accordance with your state's requirements. We will tell you which of these applies to your engagement. Estate and tax laws vary by state and change over time.

No custody; personal legacy only. As with every tier, neither Velira nor your Estate Planner takes custody of your assets or moves your money; the service is planning and coordination. The scope is your personal and family legacy — it does not extend to corporate governance, business succession filings, or entity bookkeeping.

5. The software-vs-advice boundary

It is important to keep two things distinct. The Velira software (included at every tier) is general and educational: it is not advice, it is not tailored to you, and it creates no advisory or fiduciary relationship on its own. The personalized advice you receive on the human tiers comes from the LICENSED PROFESSIONAL assigned to you, under the written engagement for that tier — not from the software.

Whenever the software presents a projection, scenario, or model output, that output remains general, impersonal, hypothetical, and illustrative, and rests on stated assumptions that may not hold. Your professional may use those outputs as inputs to the personalized advice they give you, but the software output by itself is not a recommendation. You should read every software output together with its assumptions and limitations, and rely on your professional — not the software alone — for advice tailored to you.

6. Fees — flat annual fee, no AUM fee

Fees are flat and are NOT based on the value of your accounts (no assets-under-management fee), and are not performance fees or commissions. Velira OS is $2,000 per year plus a one-time $1,000 white-glove onboarding fee for initial setup of complex assets. Velira Wealth is $3,500 per year, Velira Tax is $6,000 per year, and Velira Estate is $9,500 per year (billed annually). Each higher tier includes everything in the tier below it.

Only Velira OS is instant self-serve checkout; the human-advisor tiers (Wealth, Tax, and Estate) onboard through a consultation, so that we can establish the professional relationship, gather the information needed to advise you, and put the written engagement in place before any personalized advice is given. The one-time onboarding fee is for setup work and is separate from the recurring annual fee. When billing is enabled, fees are billed through our third-party billing processor, Stripe; the fees are for professional services and software access and are not deducted from, or based on the value of, your investment or brokerage accounts. Cancellation, renewal, and refunds are governed by the Refund & Cancellation Policy and the Automatic Renewal Terms.

7. No custody, at any tier

At every tier, Velira and its professionals are NON-DISCRETIONARY and take NO CUSTODY of your assets. We never hold, receive, or have authority to withdraw your funds or securities; we never move money; and we never place a trade for you. Your money and securities stay at your own institutions, in your name. Every recommendation is a proposal that YOU decide whether to act on, and that YOU execute yourself in your own account. Account connections used to inform the advice are read-only.

8. How to engage, and contact

To engage a human tier, request a consultation from within the app or the pricing page. Your engagement, including its exact scope, fee, and the applicable relationship and conflict disclosures, is confirmed in the written agreement you receive before services begin. This document is a summary; the written engagement and the disclosures delivered with it govern the specifics of your professional relationship.

Questions about the professional-service tiers or this disclosure? Contact Velira, LLC at legal@velirafinance.com.