Advocacy Wealth Management LLC

Item 5 – Fees and Compensation

Portfolio Management Fee Information
Investment management fees are payable in arrears on a monthly basis, commencing when both the
client investment management agreement is signed and the assets are deposited in the client’s account,
unless otherwise stipulated. Deposits and withdrawals made during the month will be billed for the time
that the funds were under management. Advocacy Wealth has the right to change any or all of its fee
schedules with 30 days written notice. Advocacy Wealth is not compensated on the basis of a share of
capital gains or capital appreciation in a client’s account.

The annual standard fee schedule for these services is:

          Investment Adviser Annual Fee
           Client Fee Assets Under Management
           1.5%        Charged up to $500,000
           1.0%        Charged from $500,000 to $3,000,000
                       Negotiable above $3,000,000
          Example: $2.75 million under management would pay an annual fee of 1.5% on the
          first $500,000 and 1% on $2,250,000.

The firm can charge a maximum fee up to 2% under certain circumstances. All fees are subject to
negotiation depending on a number of factors including, but not limited to, size, scope and complexity of
the account. The fee amount charged will be disclosed in the advisory agreement.

As authorized in the Client Agreement, Advocacy Wealth instructs the account custodian to withdraw
advisory fees directly from the clients’ accounts according to the custodian’s policies, practices, and
procedures and pass through to Advocacy Wealth. The custodian sends the client a statement monthly
indicating the amount disbursed from the account including the amount of advisory fees paid to Advocacy
Wealth. The custodian of the account, not Advocacy Wealth, holds all customer assets. For these clients,
the calculation of the fee charged can be requested from Advocacy Wealth. If requested, clients will be
billed directly for advisory services. In this case, the client will receive an invoice indicating the amount of
the fee, the value of the client’s assets on which the fee was based and the specific manner in which the
fee was calculated. Clients should verify the accuracy of the computation; the custodian will not do an
independent verification of the accuracy of the computation of fees. It is in the client’s best interest to
review their invoice and the account statement and alert Advocacy Wealth immediately if there are any
discrepancies. Clients can purchase shares of mutual funds directly from the mutual fund issuer, its
principal underwriter or a distributor without purchasing the services of Advocacy Wealth or paying the
advisory fee on such shares (but subject to any applicable sales charges). Certain mutual funds are offered
to the public without a sales charge. In the case of mutual funds offered with a sales charge, the prevailing
sales charge (as described in the mutual fund prospectus) can be more or less than the applicable advisory
fee. Advocacy Wealth currently only invests client funds in institutional class or other class shares which
do not further compensate Advocacy Wealth or its representatives. From time to time, clients may
transfer in kind share classes that are not restricted to institutional class. Advocacy Wealth may continue
to hold those non-institutional class shares to manage tax liability to the client or for other reasons. It is
worth noting that, however, clients who act on their own would not receive the Financial Advisor’s
assistance in developing an investment strategy, selecting securities, monitoring performance of the
account, and making changes to the investment portfolio, as necessary.

Margin loan balances are deducted from the account value when calculating fees. The minimum annual
fee is $1,000. Accordingly, a client could pay an effective rate greater than the rate specified in the fee
schedule shown above. Advocacy Wealth, in its sole discretion, can waive its minimum fee and/or charge
a lesser investment advisory fee based upon certain criteria (e.g., size of account(s) already managed,
historical relationship, type of assets, anticipated future earning capacity, anticipated future additional
assets, account composition, negotiations with clients, employee discount, etc.).

Fidelity Institutional Wealth Services, LLC (“Fidelity”), as well as others who have custody, charge
brokerage transaction-based fees or “ticket charges” that vary by security and type of transaction and are
passed through to the client. Some mutual funds are part of a “No Transaction Fee” program. Advocacy
Wealth uses these funds, when those “No Transaction Fee” funds show utility over others analyzed in the
client’s portfolio. Some mutual funds within this program pay 12b-1 service fees (normally 0.25% per year)
to Fidelity. Advocacy Wealth does not receive any 12b-1 fees.

Transaction fees charged can be higher than those otherwise available if the services were provided
separately for a discrete fee or if an Investment Adviser were to select brokerage and negotiate
commissions in the absence of the extra consulting service provided. Clients should consider the value of
the additional consulting services when making such comparisons. The combination of custodial,
consulting, and brokerage services may not be available separately or may require multiple accounts,
documentation, and fees. Fees charged by Advocacy Wealth for advisory services cover the salaries and
additional, non-commission-based compensation paid to Advocacy Wealth Investment Adviser
Representatives and other members of the staff. Costs and transaction fees arising out of transactions
effected by entities other than Advocacy Wealth or attributable to dealer mark-ups, mark-downs or
“spreads” (in transactions where another entity acts as principal for its own account) will be separately
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Item 7 – Types of Clients
Advocacy Wealth offers portfolio management services to individuals, corporations and business entities,
estates and trusts, other investment advisors, charitable organizations, and pension and profit sharing
plans. Any account minimum size would be subject to negotiation based upon account characteristics
and service requirements.