Ascension Advisors Arizona LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Asset Management:

The maximum annual fee changed for this service will not exceed 1.00%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the client. Our firm bills on cash unless indicated
otherwise in writing. Annualized fees are billed on a pro-rata basis quarterly in arrears based on the
value of the account(s) on the last day of the quarter. Fees are negotiable and will be deducted from
client account(s). In rare cases, our firm will agree to directly invoice. As part of this process, Clients
understand the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the Assets and all account disbursements, including the
       amount of the advisory fees paid to our firm;
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
       information provided in our statement with those from the qualified custodian will be
       included.

Comprehensive Portfolio Management:

The maximum annual fee changed for this service will not exceed 1.00%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the client. Our firm bills on cash unless indicated
otherwise in writing. Annualized fees are billed on a pro-rata basis quarterly in arrears based on the
value of the account(s) on the last day of the quarter. Fees are negotiable and will be deducted from
client account(s). In rare cases, our firm will agree to directly invoice. As part of this process, Clients
understand the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the Assets and all account disbursements, including the
       amount of the advisory fees paid to our firm;
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
       information provided in our statement with those from the qualified custodian will be
       included.

Financial Planning & Consulting:

Tax planning strategies services are available through an unaffiliated third-party company to clients
using our Comprehensive Portfolio Management and Financial Planning & Consulting advisory
services at no additional cost.

Our firm charges on a flat fee basis for financial planning and consulting services. The total estimated
fee, as well as the ultimate fee charged, is based on the scope and complexity of our engagement with
the client. Flat fees range from $2,500 to $7,500. The fee-paying arrangements will be determined on

ADV Part 2A – Firm Brochure                     Page 6        Ascension Advisors Arizona, LLC DBA Ascension Advisers

a case-by-case basis and will be detailed in the signed consulting agreement. Our firm will not require
a retainer exceeding $500 when services cannot be rendered within 6 months.

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian, either based on a
percentage of the dollar amount of assets in the account(s) or via individual transaction charges.
These transaction fees are separate from our firm’s advisory fees and will be disclosed by the chosen
custodian. Charles Schwab & Co., Inc. (“Schwab”), does not charge transaction fees for U.S. listed
equities and exchange traded funds.

Altruist Financial LLC (“Altruist”) has commission-free trading, which means that it charges $0
commissions for Altruist brokerage accounts that trade United States listed equities, ETFs and
warrants via web or mobile devices.

Vanguard Marketing Corporation DBA Vanguard Brokerage Services (“Vanguard”) does not charge
commissions to buy or sell Vanguard mutual funds and ETFs online in a clients’ Vanguard Brokerage
Account. Broker-assisted trades for ETFs, mutual funds, stocks, and other products under $1 million
will incur transaction fees.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution
fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, mark-ups and
mark-downs, spreads paid to market makers, fees for trades executed away from custodian, wire
transfer fees and other fees and taxes on brokerage accounts and securities transactions. Our firm
does not receive a portion of these fees.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Asset Management and
Comprehensive Portfolio Management services in writing at any time. Upon notice of termination
pro-rata advisory fees for services rendered to the point of termination will be charged. If advisory
fees cannot be deducted, our firm will send an invoice for due advisory fees to the client.

Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
firm.

Commissionable Securities Sales

Our firm and representatives do not sell securities for a commission in advisory accounts.

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals; and
   • Trusts, Estates or Charitable Organizations.

Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
us.