Apollo Wealth Management LLC

Item 5: Fees and Compensation
Pursuant to an investment advisory contract signed by each client, clients pay Apollo a quarterly
management fee. The fee is payable in advance or in arrears depending on the terms negotiated
with the client and is based on the amount of the assets to be managed as of the first business day
of each quarter. The table below defines the asset-based fees generally charged by the Firm for its
investment management services:

                                  Total Assets Under                              Fee*
                                     Management

                                     $0 - $249,000                                1.20%

                                  $250,000     - $499,999                         1.00%

                                  $500,000     - $999,999                         0.90%

                               $1,000,000    - $1,999,999                         0.85%

                               $2,000,000    - $4,999,999                         0.70%

                                    $5,000,000 plus                               0.53%

                        *These fees may be negotiated by Apollo at its sole discretion.

In addition to the advisory fee charged by the Firm, clients may incur addition charges for
brokerage, custodial, and other services, which may be charged directly to the client’s account.
Clients may purchase investment products recommended by the Firm through brokers or agents
that are not affiliated with the Firm. Clients whose assets are invested in mutual funds may also
pay fees associated with such investments, which may include investment advisory fees, and which
are separate and distinct from the investment management fees payable to Apollo. Apollo will
generally recommend or place transactions in no-load or load-waived mutual funds. Some no-load
or load-waived mutual funds may charge a transaction fee. Apollo’s advisory fees remain exclusive
of the additional costs discussed above. Accordingly, clients are encouraged to review their
account statements regularly for a full understanding of the fees and charges associated with their
accounts. Please see Item 12 below that discusses brokerage related issues in greater detail.

Pension Consulting and/or Financial Planning Fees:

Pension Consulting clients are charged a basis point percentage fee based on the assets under
management for the client. This fee is determined at the time Apollo enters into an agreement with
the client.
The Firm’s pension consulting and financial planning services may also be provided for an hourly
fee. The Firm’s hourly fee is generally billed at a rate between $100 to $200 per hour. Hourly fees
may be subject to negotiation but are agreed upon in writing by the parties. Hourly fee-based clients
are billed on a monthly basis upon completion of work.

Refund of Fees Paid in Advance: As noted above, clients may choose to have the management
fees paid in advance. Upon termination, any fees paid in advance will be prorated to the date of
termination and any excess fees will be refunded to the client.

Item 7: Types of Clients
Apollo provides investment advisory services to individuals, including high net worth
individuals, and pension/profit sharing plans.