Alcyon Wealth Advisors LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
wealth management agreement with the Advisor.

A. Fees for Advisory Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the wealth
management agreement. Wealth management fees are based on the market value of assets under management at
the end of the prior calendar quarter. Wealth management fees range from 1.00% to 2.00% annually based on
several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed;
and the overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements,
portfolio restrictions and other complexities may be charged a higher fee.

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor, which may also include assets held away
from the Custodian listed herein. All securities held in accounts managed by Alcyon will be independently valued by
the respective Custodian. The Advisor will conduct periodic reviews of the Custodians’ valuation to ensure accurate
billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

B. Fee Billing
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s]. The amount due is calculated by applying the daily rate (annual rate divided by the
number of days in the year times the number of days in the quarterly billing period) to the total assets under
management with Alcyon at the end of the prior quarter. Clients will be provided with a statement, at least quarterly,
from the Custodian reflecting deduction of the wealth management fee. Clients are urged to also review the statement
provided by the Custodian, as the Custodian does not perform a verification of the Advisor’s fees. Clients provide
written authorization permitting advisory fees to be deducted by Alcyon to be paid directly from their account[s] held by
the Custodian as part of the wealth management agreement and separate account forms provided by the Custodian.

Contributions and Withdrawals – Clients may make additions to and withdrawals from their account[s] at any time,
subject to Alcyon’s right to terminate an account. Additions may be in cash or securities provided that Alcyon
reserves the right to liquidate any transferred securities or decline to accept particular securities into a Client’s
account[s]. Clients may withdraw account assets on notice to Alcyon, subject to the usual and customary securities
settlement procedures. However, Alcyon designs its portfolios as long-term investments, and the withdrawal of
assets may impair the achievement of a Client’s investment objectives. Alcyon may consult with its Clients about
the options and ramifications of transferring securities. However, Clients are advised that when transferred
securities are liquidated, they may be subject to transaction fees, fees assessed at the mutual fund level (i.e.
contingent deferred sales charge) and/or tax ramifications. Contributions into or withdrawals from the Account[s]
greater than $100,000 after the start of the quarterly period will be adjusted for billing purposes. Contributions and
withdrawals below $100,000 will not be adjusted. An adjustment will be made in the form of a credit or debit the
following billing period to reflect the interim change in portfolio value from the date of the deposit or withdrawal until
the end of the quarter.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Alcyon, in connection with
investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge
                                  Alcyon Wealth Advisors, LLC dba Alcyon Wealth Partners
                                 5121 Mahoning Avenue, Suite 101, Youngstown, OH 44515-1847
                                   Phone: (330) 797-4088 | Website: https://alcyonwealth.com

securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the
terms and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for
mutual funds and other types of investments. The fees charged by Alcyon are separate and distinct from these
custody and execution fees.

In addition, all fees paid to Alcyon for wealth management services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in
each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds,
other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible
distribution fee. A Client may be able to invest in these products directly, without the services of Alcyon, but would
not receive the services provided by Alcyon which are designed, among other things, to assist the Client in
...

Item 7 – Types of Clients

Alcyon offers wealth management services to high net worth individuals, families, trusts, estates, charitable
organizations, and businesses. Alcyon generally does not impose a minimum relationship size. However, its
services are tailored to high net worth families and professional athletes.

                                  Alcyon Wealth Advisors, LLC dba Alcyon Wealth Partners
                                 5121 Mahoning Avenue, Suite 101, Youngstown, OH 44515-1847
                                   Phone: (330) 797-4088 | Website: https://alcyonwealth.com