Bassam Wealth Management LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
agreement with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the wealth
management agreement. Wealth management fees are based on the market value of assets under management at
the end of the prior calendar quarter. Wealth management fees are based on the following schedule:

                             Assets Under Management ($)                Annual Rate (%)
                             Up to $1,000,000                                2.00%
                             $1,000,001 to $5,000,000                        1.50%
                             $5,000,001 to $10,000,000                       1.25%
                             $10,000,001 to $25,000,000                      1.00%
                             $25,000,001 and above                         Negotiated
                           *Minimum annual fee of $10,000

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
BWM will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s
valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers
As noted in Item 4, the Advisor will implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. The Advisor does not earn any compensation from an Independent Manager and will only
earn its wealth management fee as described above. The Advisor will be allocated a portion of the investment
advisory fee collected by the Independent Manager pursuant to the terms of the executed agreement between the
Advisor and the Independent Managers.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with BWM at the end of the prior
quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the
investment advisory fee. Clients are urged to also review and compare the statement provided by the Advisor to the

                                              Bassam Wealth Management, LLC
                                              2875 South Ocean Blvd, Suite 200-28
                                                     Palm Beach, FL 33480
                             Phone: (561) 494-6391 | Website: https://bassamwealthmanagement.com

brokerage statement from the Custodian, as the Custodian does not perform a verification of fees. Clients provide
written authorization permitting advisory fees to be deducted by BWM to be paid directly from their account[s] held
by the Custodian as part of the wealth management agreement and separate account forms provided by the
Custodian.

Use of Independent Managers
For Client accounts implemented through Independent Managers, the Client’s overall fees will include the Advisor’s
wealth management fee (as noted above) plus investment management fees and/or platform fees charged by the
Independent Managers. The Independent Managers will assume the responsibility for calculating the Client’s fees
and deducting all fees from the Client’s account[s].

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than BWM, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge securities
transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and
conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by BWM are separate and distinct from these custody and
execution fees.

In addition, all fees paid to BWM for investment advisory services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in
each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds,
other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible
distribution fee. A Client may be able to invest in these products directly, without the services of BWM, but would not
receive the services provided by BWM which are designed, among other things, to assist the Client in determining
which products or services are most appropriate for each Client’s financial situation and objectives. Accordingly, the
Client should review both the fees charged by the fund[s] and the fees charged by BWM to fully understand the total
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Item 7 – Types of Clients

BWM offers investment advisory services to individuals, high net worth individuals, trusts, estates, businesses, and
retirement plans. BWM generally requires a minimum annual fee of $10,000 to effectively implement its wealth
management services.