Ascentis Wealth Management LLC

Item 5         Fees and Compensation
The information below provides an overview of the fees and compensation we generally receive for the
services we provide. Please refer to your agreement with Ascentis for information about the specific fees
to be imposed with respect to your account and the other terms and conditions that will govern your
relationship with Ascentis. Our fees are generally negotiable. Fees may vary because of negotiations,
discussions and/or factors that may include, but are not limited to, the circumstances of the client, the
size and scope of the overall client relationship, client investment guidelines, additional or differing levels
of servicing, or as may be otherwise agreed with specific clients.

A. Ascentis Compensation
Financial Planning Fees
Ascentis Wealth Management offers either hourly or fixed fee arrangements to all clients for its financial
planning services. Fixed fees are computed based upon a good faith estimate of the hours required to
perform services. Ascentis attempts to maintain parity with hourly and fixed charges while allowing some
flexibility in estimation, considering case complexity and client-specific circumstances. Financial planning
fees are negotiated on an individual basis at the time of the engagement for such services. Factors
considered in determining the fees charged generally include, without limitation, the type of financial
planning services provided such as retirement planning, legacy planning, tax planning, insurance, and
special needs planning. An initial meeting is scheduled with a prospective client at no cost or obligation.
The purpose of the meeting is to inform the prospective client of the types of services the Adviser
provides and to generally discuss what the client desires from such a financial planning relationship. If
the prospective client is interested in exploring the Adviser’s services in more detail, the Adviser will
review the prospective client’s recent income tax returns and make a listing of his/her assets and
liabilities. At a subsequent session, the prospective client is given an idea of the specific value of pursuing
this financial planning process and is quoted a fee for the financial planning services to be provided. The
financial planning fee is quoted on a project basis and covers projected time and expense associated in
working with this client for a twelve-month period. This includes gathering data, developing the written
plan, reviewing the plan with appropriate advisers, discussing the plan with the client, implementation,
and continuing to review, monitor and update the client’s affairs throughout the ensuing twelve months.

The financial planning fee is based upon several factors, including net worth, gross income, complexity of
one’s financial affairs, and the time necessary to meet each individual client’s goals and priorities. Certain
unforeseen expenses may not be included in the financial planning fee and would be billed directly.

Once the client verbally agrees to the personal financial planning process, the process to develop the
written documents begins. Once the financial plan is completed and the appropriate advisers have
reviewed the plan, a meeting is scheduled to discuss the plan and the specific items to be implemented
with the client. The client takes from this meeting the written plan.

The client will be invoiced for the services provided. Payments are expected within 30 days of the invoice
date through an approved payment method offered by Ascentis Wealth as outlined on the invoice. The
financial planning fee shall be mutually agreed upon in advance by and between the client and Ascentis.
Any such fee shall be separate from the asset-based investment management fee. The Adviser reserves
the right to waive a portion of or the entire financial planning fee.

The client can terminate the financial planning and/advisory relationship at any time within 10 days’
written notice.
                                            Form ADV Part 2 Brochure

Platform Fees
When a client is invested with the Mercato platform, the Adviser receives compensation in the form of a
fee, this fee is not shared with the advisor.

Investment Management Fees
The Adviser bases its annual investment management fee upon a percentage of assets under
management. The Adviser charges an annual fee of up to 2.00% of assets under management. The
Adviser may choose to charge a lower asset-based fee at its sole discretion.

Fee Schedule
The client agrees to pay the following fees:
    • The management fee is in the amount of 200 basis points, at maximum, deducted on a quarterly
        basis.
    • Platform fees (e.g., Liberty Fi, Envestnet, etc.)
    • Investment management fees payable to third parties. Model portfolio advisors could include
        affiliates of Ascentis.
              o Ascentis Wealth Management may invest client assets in models that are created by
                  affiliates of Ascentis Wealth Management and the affiliates could be compensated on
                  models used by Ascentis Wealth Management clients.

Fee Calculation Basis
The value used to calculate the investment management fee will be based on the average daily balance
computed at the close of business each trading day or the value of the assets on the last day of the prior
quarter. Your specific billing will be referenced above and is detailed in your investment management
agreement.

Payment of Fees
Ascentis Wealth generally requires clients to authorize the direct debit of advisory service fees from their
accounts. However, certain exceptions may be granted, subject to Ascentis Wealth’s written consent, to
permit clients to be billed directly for advisory service fees. The client may withdraw this authorization for
direct debit of the advisory service fee at any time by notifying Ascentis Wealth or the custodian in writing.
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Item 7           Types of Clients
The Adviser predominantly offers its services to individuals, high net worth individuals, pension and
profit-sharing plans and participants, trusts, estates, charitable Organizations, corporations, or business
entities.

The Adviser may reduce or waive its minimum asset requirement based upon certain factors, like
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, negotiations with client and other considerations.
Other exceptions may apply to employees of the Adviser and their relatives, or relatives of existing
clients.