Ashworth Wealth LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Comprehensive Wealth Management:

The maximum total annual advisory fee for this service shall not exceed 2.00%. A portion of this fee
will be paid to our firm by the Third-Party Money Manager. The ultimate fee to be charged as well as
the billing cycle will be outlined in the Statement of Investment Selection (“SIS”) or the Investment
Advisory Agreement provided the Third-Party Money Manager.

Our firm’s portion of the advisory fee will never be more than 1.25% per annum and will be detailed
in the SIS or the Investment Advisory Agreement provided the Third-Party Money Manager.

ADV Part 2A – Firm Brochure                     Page 6                                  Ashworth Wealth, LLC

Annualized fees are billed on a pro-rata basis quarterly, either in advance or arrears, based on the
value of the account(s) on the last day of the previous quarter. Our firm bills on cash unless indicated
otherwise in writing. Clients will be billed in advance or arrears depending on the Third-Party Money
Manager selected. Fees are negotiable and will be deducted from client account(s) by the Third-Party
Money Manager. Our firm does not offer direct invoicing. 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 the Third-Party Money Manager to be directly
       paid by these terms;
    c) The Third-Party Money Manager calculates the advisory fee and deducts them from the
       client’s account; and
    d) 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:

Our firm charges on a flat fee or hourly fee basis for stand-alone Financial Planning & Consulting
services. Financial plans are priced according to the degree of complexity associated with the client’s
situation. The ultimate fee we charge you will be detailed in the Financial Planning Agreement. Our
flat fees range from $1,000 to $50,000, and the maximum hourly fee to be charged will not exceed
$300. Basic Financial Plans for families will be priced at $1,000 - $5,000, Financial Plans for
Businesses will be priced at $5,000 - $15,000, and Complex and multifaceted Financial Plans will be
priced at $15,000 to $50,000.

Fees are NEGOTIABLE. The fee for a financial plan is predicated upon the facts known at the start of
the engagement. Fees are commonly negotiated where multiple family accounts are involved. Since
financial planning is a discovery process, situations occur wherein the client is unaware of certain
financial exposures or predicaments. Our firm will not require a retainer exceeding $1,200 when
services cannot be rendered within 6 months.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on an hourly or flat fee basis or a fee based on the
percentage of Plan assets under management. The total estimated fee, as well as the ultimate fee
charged, is based on the scope and complexity of our engagement with the client. Our flat fees range
from $1,000 to $20,000. The maximum hourly fee to be charged will not exceed $300. Fees based on
a percentage of managed Plan assets will not exceed 1.00% and are billed on a pro-rata basis either
monthly or quarterly in arrears based on the value of the account(s) on the last day of the month or
quarter. The fee-paying arrangements will be determined on a case-by-case basis and will be detailed
in the signed consulting agreement. Investment management fees for 401k plans are billed monthly
or quarterly, in ARREARS, meaning accounts are invoiced at the end of the month or three-month
billing period.

ADV Part 2A – Firm Brochure                    Page 7                                  Ashworth Wealth, LLC

Other Types of Fees & Expenses

Custodians may charge transaction fees on purchases or sales of certain mutual funds and exchange-
traded funds via individual transaction charges. These transaction charges are usually small and
incidental to the purchase or sale of a security. However, certain custodial platforms offered by
custodians that custody our Clients’ assets such as Charles Schwab & Co., Inc. (“Schwab”), and Fidelity
Brokerage Services (“Fidelity”) have eliminated transaction fees for U.S. listed equities and exchange
traded funds. Fidelity requires that Clients opt into electronic delivery of statements or maintain at
least $1 million in assets at Fidelity in order to avoid transaction costs.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Comprehensive Wealth
Management service in writing at any time. Upon notice of termination from clients who are billed
quarterly in advance, the Third-Party Money Manager will process a pro-rata refund of the unearned
portion of the advisory fees charged in advance. Upon notice of termination from clients billed
quarterly in arrears, 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.

Our firm reserves the right to stop work on any account that is more than 30 days overdue. In
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Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Pension and Profit-Sharing Plans;

Our requirements for opening and maintaining accounts or otherwise engaging us:
   • Our firm requires a minimum account balance of $500,000 for our Comprehensive Wealth
       Management service. However, our firm, in its sole discretion may waive this requirement.
   • The minimum annual investment advisory fee for our Comprehensive Wealth Management
       service is $5,000.00. However, legacy client relationships may exist where the fees are lower.
       Further, our firm’s management, in its sole discretion, may waive this minimum fee and/or
       charge a lesser investment advisory fee based upon certain criteria (e.g., historical
       relationship, type of assets, anticipated future earning capacity, anticipated future additional
       assets, dollar amounts of assets to be managed, related accounts, account composition,
       negotiations with clients, etc.).