AAF Wealth Management LLC

Item 5: Fees & Compensation
     How We Are Compensated

ADV Part 2A – Firm Brochure                            Page 6                                   AAF Wealth Management, LLC

     Asset Management:

     For your benefit, we reserve the right to reduce the calculated fee based on the value of certain asset
     classes.

            Assets Under Management                            Annual Percentage of Assets Charge
                     $0 – $500,000                                           1.50%
               $500,001 – $1,000,000                                         1.25%
              $1,000,001 – $2,500,000                                        1.00%
              $2,500,001 – $5,000,000                $23,000 + 0.600% of the Amount Over $2,500,000
             $5,000,001 – $10,000,000                $38,000 + 0.500% of the Amount Over $5,000,000
            $10,000,001 – $25,000,000                $63,000 + 0.375% of the Amount Over $10,000,000
            $25,000,001 – $50,000,000               $119,000 + 0.150% of the Amount Over $25,000,000
                     $50,000,001 +                                        Negotiable

     Our firm assesses an annual advisory fee for asset management services. The advisory fee, which is based
     on the account(s)’ average daily balance, will be deducted quarterly in arrears from your account(s). Any
     illiquid securities that do not have daily valuations will be billed based upon their most recently available
     valuation. Fees are negotiable at the sole discretion of the Advisor. Our firm bills on cash unless otherwise
     indicated in writing. Factors affecting the fees charged include the size of the account and complexity of
     asset structures. Furthermore, Legacy Clients may be offered a different rate based on the terms of
     previously executed agreements. Alternative payment arrangements, such as a check for the advisory fee
     are available.

     As part of the fee deduction process, clients are made aware of the following:

          a) The client’s independent custodian sends statements at least quarterly showing the market values
             for each security included in the Assets and all account disbursements, including the amount of
             the advisory fees paid to our firm;
          b) Clients provide authorization permitting us to be directly paid by these terms. We send our invoice
             directly to the custodian; and
          c) If we send a copy of our invoice to the clients, it will include a legend urging the comparison of
             information provided in our statement with those from the qualified custodian.

     Sub-Advisor Accounts:

     For those limited clients who utilize a Platform Manager, their fees will be outlined in the Statement of
     Investment Selection (“SIS”) provided by the Platform Manager. Their total maximum annual advisory fee
     to be charged for services will not exceed 1.65% and shall be inclusive of our fee. The total advisory fee
     shall be billed to clients by the Platform Manager. Further, this annualized fee will be billed on a pro-rata
     basis quarterly in advance based on the value of the account on the last business day of the prior calendar
     quarter and will be deducted from the Client’s managed account by the Platform Manager. Adjustments
     will be made for deposits and withdrawals throughout the quarter. Our firm bills on cash unless otherwise
     indicated in writing.

ADV Part 2A – Firm Brochure                           Page 7                                   AAF Wealth Management, LLC

     As part of the fee deduction process, clients are made aware of the following:

          a) The client’s independent custodian sends statements at least quarterly showing the market values
             for each security included in the Assets and all account disbursements, including the amount of
             the advisory fees paid to our firm;
          b) Clients provide authorization permitting us or the Platform Manager to be directly paid by these
             terms. We send our invoice directly to the custodian; and
          c) The Platform Manager or our firm depending on the signed agreement will calculate the
             advisory fees for all fee schedules and deducts them from the client accounts.
          d) If we send a copy of our invoice to the client, it will include a legend urging the comparison of
             information provided in our statement with those from the qualified custodian.

     However, for those limited clients using an Asset Manager, the maximum annual fee charged will be a
     separate fee to our standard Asset Management service and it may be in addition to the maximum fee
     published above for this service. Our firm will debit fees for our portion of this arrangement as disclosed
     in the executed advisory agreement between the client and our firm. The Asset Manager establishes and
     maintains their own separate billing processes over which we have no control. They will directly bill the
     client either in advance or in arrears and describe how this works in their separate written disclosure
     documents. The Asset Manager we recommend will not charge you a higher fee than they would have
     charged without us introducing you to them.

     Pontera® Held Away Accounts Service:

     As noted in Item 4 of this brochure, in certain instances, our firm will manage clients held away accounts
     through the Pontera® platform. While there are fees associated with this platform, our firm feels that it is
     important to note that these fees will be paid by our firm and as such will not result in the client paying
     higher fees than if the assets were custodied with our recommended custodian.

     Pension Consulting:

     We charge on an flat fee basis or fee based on the percentage of Plan assets under management for
...

Item 7: Types of Clients & Account Requirements
     Types of clients we typically manage accounts on behalf of, include:
         Individuals and High Net-Worth Individuals;
         Trusts, Estates and Charitable Organizations;
         Pension and Profit Sharing Plans; and
         Corporations, Limited Liability Companies, Partnerships and/or other business types.

     Our requirements for opening and maintaining accounts or otherwise engaging us:
         Our firm requires a minimum account balance of $100,000 for our services. Generally, this
            minimum account balance requirement is not negotiable and would be required throughout the
            course of the client’s relationship with our firm. However, exceptions may be made on a case by
            case basis at the discretion of management.

     Further, Platform Managers utilized by our firm may have minimums to open accounts on their platform.

     Additionally, clients who opt into electronic delivery of statements or maintain at least $1 million in assets
     at Fidelity will not be charged transaction fees for U.S. listed equities and exchange traded funds.