Arrow Wealth Advisory LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

Arrow charges clients a fixed fee based on the complexity and scope of the advice
provided to the client including, but not limited to, the number of legal entities, the types
of asset classes to be considered, the number of non-managed accounts to be monitored,
client goals and family situation.

       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       Asset-based portfolio management fees are withdrawn directly from the client's accounts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. Fees are paid in advance.

       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 fees, transaction fees, etc.). Those fees are separate and
       distinct from the fees and expenses charged by Arrow. Please see Item 12 of this brochure
       regarding broker-dealer/custodian.

       D. Prepayment of Fees

       Arrow 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.

       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 of termination. (*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 Arrow 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

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

       ❖      High-Net-Worth Individuals
       ❖      Charitable Organizations

There is no account minimum for any of Arrow’s services.