American Wealth Management

Fees and Compensation
                                                                                                  Form ADV Part 2A, Item 5

 All fees are negotiable with the typical account management fee billed at approximately one percent (1%),
 per annum, billed quarterly, in arrears. Lower fees may be available for larger accounts. Clients pay all
 trading costs in their account. For any of the investment advisory services offered by AWM, lower fees for
 comparable services may be available from other sources. In addition, AWM’s Advisory Affiliates may
 receive commissions resulting from securities or insurance transactions. They may also receive 12b-1 service
 fees from certain mutual funds as disclosed in the prospectus. These 12b-1 service fees are generally not
 credited against program fees but will be credited back to the account in ERISA (Employee Retirement

  American Wealth Management 570 Hammill Lane, Reno, Nevada 89511 | (775) 332-7000 | (800) 288-2772 | financialhealth.com

   Income Security Act), usually Profit Sharing and Pension Plan accounts. Such fees may create a conflict of
   interest as the Advisory Representative may receive a 12b-1 fee in addition to the investment advisory fee.
   Fees will be fully disclosed to clients and clients are under no obligation to purchase these securities through
   the Investment Advisory Representative of M.S. Howells & Co. and American Wealth Management.

  The minimum account size is generally $300,000 but may be lower in certain circumstances.

  Investment Management Fees are withdrawn quarterly and in arrears from the client’s custodial account
  pursuant to the client agreement, concurrently with the mailing of notice to the client. The billing notice will
  provide the value of the account, the amount to be deducted and the method of calculation. Fees for the
  first quarter are charged on a pro-rata basis. Please refer to the Investment Management Agreement (“IMA”)
  for more detail.

  Payment of fees is generally requested after the service is provided. Fees are determined according to each
  individual arrangement. Generally, if a portion of the fees is paid in advance with the balance to be paid
  upon completion of the services or the financial plan, fees paid prior to the commencement of services will
  be refunded if no work has yet been performed. If work has commenced, AWM reserves the right to charge
  a reasonable fee for its services and time already expended, subject to a full refund if services are canceled
  in the first five (5) business days. The Financial Planning Agreement terminates upon delivery of the
  Financial Plan.

  As part of the strategies it offers, AWM or its related persons may invest client assets or recommend that
  clients invest in shares or other interests in certain investment companies or investment products which AWM
  or its related persons advise or provide other services to and from which AWM and its advisory affiliates
  receive advisory, administrative and/or distribution fees.

                       Performance-Based Fees and Side-By-Side Management
                                                                                                     Form ADV Part 2A, Item 6

AWM does not enter into performance-based fee arrangements. AWM does not engage in side-by-side
management.

Types of Clients
                                                                                                     Form ADV Part 2A, Item 7

AWM’s clients include individuals, pension and profit-sharing plans, trusts, estates, charitable organizations,
corporations and business entities.

Generally, the minimum value of assets required to open an AWM managed account depends on the type of
investment strategy selected by the client. AWM generally requires a minimum of $300,000 although at its sole
discretion, AWM may allow accounts with smaller balances.

     American Wealth Management 570 Hammill Lane, Reno, Nevada 89511 | (775) 332-7000 | (800) 288-2772 | financialhealth.com

                 Methods of Analysis, Investment Strategies and Risk of Loss
                                                                                                  Form ADV Part 2A, Item 8