Alliance Wealth Strategies LLC

Item 5 – Fees and Compensation
Fees and account minimums may be negotiable under certain circumstances, including certain individual client
circumstances such as the client’s age, complexity of the client’s situation, total size of financial assets, propensity to add
funds to accounts, and the total client relationship, including with an affiliated entity.
BEWS has contracted with FPAS, for services including trade processing, collection of management fees, record
maintenance, report preparation, marketing assistance, and research. BEWS has also contracted with FPAS for sub-
advisory services with respect to clients’ fixed income accounts. BEWS compensates FPAS based on the management fees
paid to BEWS on accounts which use FPAS. All advisory fees are paid to BEWS, and the fee paid by BEWS to FPAS consists
of a portion of the fee paid by clients to BEWS which varies based on the total client assets participating in the FPAS
program. These fees are not separately charged to advisory clients. The fees disclosed below are the total fees paid by a
client and includes all sub-advisory fees charged by FPAS.

The specific manner in which fees are charged by BEWS is disclosed in a client’s written agreement with BEWS. BEWS will
request authority from the clients to receive quarterly payments directly from the client’s account held by an independent
qualified custodian. Clients may provide written limited authorization to BEWS, which may be delegated to FPAS, to
withdraw fees from the account.
Investment Management and Employee Benefit Plan clients will be invoiced in advance at the beginning of each calendar
quarter based upon the value of the client’s account at the end of the previous quarter. New accounts are charged a
prorated fee for the remainder of the quarter in which the account is incepted (date of first trade). Market value will be
based on independent third-party sources or fair market value in the absence of market value. Client account balances
on which BEWS calculates fees may vary from account custodial statements based on independent valuations and other
accounting variances, including mechanisms for including accrued interest in account statements. Clients will receive
custodial statements showing the advisory fees debited from their account(s). Certain third-party administrators will
calculate and debit BEWS’s fee and remit such fee to BEWS.
A client agreement may be canceled at any time, by either party, for any reason upon receipt of 30 days written notice.
Upon termination of any account, any prepaid, unearned fees will be promptly refunded.
BEWS’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which shall
be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, third party investment and
other third parties such as fees charged by managers, custodial fees, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual funds and ETFs
also charge internal management fees, which are disclosed in a fund’s prospectus. These fees will generally include a
management fee and other fund expenses. All fees paid to BEWS for investment advisory services are separate and
distinct from the fees and expenses charged by mutual funds and ETFs to their shareholders. BEWS shall not receive any
portion of these commissions, fees, and costs.

Advisory Fees
Investment Management Services
The annual fee for investment management services will be charged as a percentage of assets under management,
according to the schedule below:
                               Assets under management                  Annual Fee (%)
                               On the first $500,000                            1.25%
                               On the next $500,000                             0.90%
                               On the next $1,000,000                           0.70%
                               On the next $1,000,000                           0.50%
                               On the next $2,000,000                           0.40%
                               On all amounts thereafter                        0.35%
All accounts for members of the client’s household (i.e., husband, wife, and dependent children) or related businesses
may be assessed fees based on the total balance of all accounts.
BEWS generally requires a minimum of $500,000 in assets under management per client (or immediate family group) for
Investment Management Services. BEWS imposes a minimum annual fee of $5,000 for Investment Management Services.
This minimum fee could cause a smaller size account to have a fee higher than the stated fee above. Other advisors may
charge fees for their services which are lower than BEWS.
Independent Manager Fee
As stated in Item 4, BEWS, in coordination with the client, can recommend AQR as an Independent Manager for the
management of portfolios of individual securities. In these instances, AQR will charge its own separate and distinct fee
from BEWS’ advisory fees, which are noted above. Clients grant AQR authority to directly debit at the client’s custodian
AQR’s separate fee. Additionally, clients are required to sign an advisory agreement addendum with BEWS which discloses
these additional fees.

Employee Benefit Plan Services
The annual fee for plan 3(21) advisory services will be charged as a percentage of assets with the plan.
    •   For those clients utilizing the services of FPAS Retirement Services as the 3(38) investment manager, the fee will
        be as follows:
                                                          BEWS’           FPAS’s            Total
                      Value of Included Assets          Annual Fee     Annual Fee       Annual Fee
                      On the first $1 million                 0.70%          0.20%            0.90%
...

Item 7 – Types of Clients
BEWS provides services to individuals, qualified retirement plans, trusts, charitable organizations, corporations and small
businesses.
BEWS generally requires a minimum of $500,000 in assets under management per client (or immediate family group) for
Investment Management Services. BEWS imposes a minimum annual fee of $5,000 for Investment Management Services.