Aegis Wealth Management LLC

Item 5: Fees and Compensation

Clients may utilize our firm to prepare personal income and gift tax returns. For those
who do so, a separate fee is quoted and collected. In the case of certain clients, this fee may
be allocated from the asset advisory fee already paid by the client.

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management         Annual Fees
        $0 - $3,000,000                       1.00%

        $3,000,000 - $10,000,000              0.60%

        $10,000,000 - $25,000,000             0.40%

        $25,000,000 - ALL                     0.30%

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period. Account values for fee calculation purposes are
derived from AWM’s billing platform, which sources valuation information from a single
provider. As such, values used for AWM fee calculation may deviate from values shown
on custodian account statements and related documents for a variety of reasons, such as
differing treatment of accrued dividends and other earnings, settlement timing
differences, and other factors.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Alternative annual fee arrangements, such as fixed fees, may
be agreed upon between AWM and the client. Certain clients may also be engaged under
legacy fee structures or arrangements that are no longer offered to new clients and are
not discussed herein. All clients are advised to refer to their advisory agreement with
AWM, and any supplements and amendments thereto, for specific details regarding their
fee arrangement.

Clients may terminate the agreement without penalty for a full refund of AWM's fees
within five business days of signing the Investment Advisory Contract. Thereafter, the
agreement will remain in effect until terminated by AWM or the client through written
notice to the other. Certain legacy clients are advised that their advisory agreement with
AWM could require up to thirty (30) days advance notice for termination, and that, in
such circumstances, any refunds owed to the client will be prorated based upon the
effective date of termination. Please see Item 5.D below for further discussion of fee
refunds.

Selection of Other Advisers Fees

AWM will receive its standard fee, which is separate from the fee paid to the third-party
adviser. This relationship will be memorialized in each contract between AWM and each
third-party adviser, and third-party adviser fees to be borne by the client will be agreed
upon and/or disclosed to the client prior to the commencement of the third-party
adviser’s services. The fees will not exceed any limit imposed by any regulatory agency.

B. Payment of Fees

Payment of Portfolio Management Fees

       Asset-based portfolio management fees are withdrawn directly from the client's accounts
       with client's written authorization on a quarterly basis, or may be invoiced and billed
       directly to the client on a quarterly basis. Clients may select the method in which they are
       billed. Fees are generally paid in advance, unless otherwise agreed. Please see Item 5.D
       below for further discussion.

       Payment of Selection of Other Advisers Fees

       The timing, frequency, and method of paying fees for selection of third-party managers
       will depend on the specific third-party adviser selected.

       C. Client Responsibility For Third Party Fees

       Clients are responsible for the payment of all third party fees (i.e. custodian fees,
       brokerage fees, mutual fund and exchange-traded fund internal expenses, transaction
       fees and commissions, block trade fees, etc.). Those fees are separate and distinct from
       the fees and expenses charged by AWM. Please see Item 12 of this brochure regarding
       broker-dealer/custodian.

       D. Prepayment of Fees

       AWM generally collects fees in advance. Refunds for fees paid in advance but not yet
       earned will be refunded on a prorated basis and returned within fourteen days to the
       client via check, or return deposit back into the client’s account. In limited instances,
       alternative fee arrangements, such as collecting fees in arrears, may be agreed upon with
       the client, at AWM’s sole discretion, and any such alternative fee arrangements will be
       memorialized in writing with the client.

       For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
       the fees collected in advance minus the daily rate* times the number of days elapsed in
       the billing period up to and including the day on which the termination becomes effective.
       (*The daily rate is calculated by dividing the annual asset-based fee rate by 365.)

       E. Outside Compensation For the Sale of Securities to Clients

       Neither AWM nor its supervised persons accept any compensation for the sale of
       investment products, including asset-based sales charges or service fees from the sale of
       mutual funds.

Item 7: Types of Clients

AWM generally provides advisory services to the following types of clients:

       ❖       Individuals
       ❖       High-Net-Worth Individuals
       ❖       Charitable Organizations

AWM does not currently impose an account minimum for AWM’s services, but minimum annual
fees may be assessed, in AWM’s sole discretion, on a case-by-case basis. Any such minimum
annual fee will be memorialized in writing with the client. AWM’s decision to assess a minimum
annual fee can be based on a variety of factors, such as the client’s account size, financial planning
needs, meeting frequency, negotiations, the representative assigned to the client’s engagement,
and other factors. Clients subject to a minimum annual fee are advised that their annual fee rate
may exceed the 1.00% shown in the fee schedule in Item 5 above.