Bauer Wealth Management Inc

Item 5 - Fees and Compensation
Bauer Heitzmann management fees are based on the market value of assets under management or
assets under advisement under an Outside Manager (e.g., Private Investments funds or vehicles), using
an average daily balance for assets under management and end of quarter value for assets under
advisement. Fees are paid quarterly in arrears, at the end of each calendar quarter, pursuant to the
terms of this Agreement. Bauer Heitzmann will provide a written or electronic invoice every time a fee is
deducted (quarterly) from a client account. The invoice will provide the amount of the fee, how it was
calculated, and the value of the assets used to calculate the fee.

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                Family Office Client Services – Annual Advisory Fee Schedule

 Asset Based Breakpoints                              Fee Schedule

 First $10,000,000*                                   1.25%

 Next $20,000,000                                     1.00%

 Next $20,000,000                                     0.75%

 Amount over $50,000,000                              0.50%

                Concierge Wealth Management – Annual Advisory Fee Schedule

 Asset Based Breakpoints                              Fee Schedule

 First $1,000,000*                                    1.5%

 Next $4,000,000                                      1.25%

 Next $5,000,000                                      1%

 Amount over $10,000,000                              0.75%

                Investment Management Only – Annual Advisory Fee Schedule

 Asset Based Breakpoints                              Fee Schedule

 First $1,000,000*                                    1.25%

 Next $4,000,000                                      1.00%

 Next $5,000,000                                      0.75%

 Amount over $10,000,000                              0.50%

        * Fees and minimums are negotiable or changed at the discretion of Advisor.
        Arrears - Advisor’s fees for each calendar quarter during the term of this agreement shall be due
        and payable at the end of each quarter.

    A. Pension Consulting Services Fees

The rate for pension consulting services is 0.5% of the plan assets for which Bauer Heitzmann is
providing such consulting services. These fees are negotiable.

Pension consulting fees are withdrawn directly from the client’s accounts with client’s written
authorization from non-retirement accounts. Fees are paid quarterly in arrears.

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    B. Financial Planning Services Fees

Bauer Heitzmann Management offers financial planning services as either a stand-alone service, ongoing
service for a 1-year commitment, or as a component of Family Office and Wealth Management Services
as described above. Fees for stand-alone and ongoing financial planning services are based on the
following:

Fees for financial planning are charged on a retainer basis and vary with each client. Fees reflect the
complexity of the client situation and are therefore somewhat subjective in nature. Fees for services are
billed according to the Financial Planning Agreement. Fees are based on the complexity of a client’s
situation and the client’s needs and consider annual income, investable assets, total net worth, and the
nature and placement of the client’s assets. Fees range from $2,500 to $25,000 per client annually and
are paid by the client through cash, check, credit card, or through debiting their account at Fidelity. If
clients have elected to have their fees deducted directly from Fidelity, an invoice indicating payment has
been made from their account is sent to the client by Bauer Heitzmann immediately following the fee
deduction. Please see Item 15 (custody) for more information.

    C. Additional Information Regarding Fees

Variations from the above fee schedule will be outlined in the Family Office, Concierge Wealth
Management or Investment Management Agreement or the Financial Planning Agreement under
Addendum A.

Fees for Investment Management will be due quarterly in arrears based on the average daily value of
the assets during the quarter, pursuant to a quarterly invoice (sent by Bauer Heitzmann to the client)
which shows the amount of the fee, how it was calculated, and the value of the assets used to calculate
the fee.

The custodian will also send clients quarterly account statements reflecting all disbursements from the
account, including the amount of our fee. Before withdrawing fees directly from client accounts, we
obtain written authorization from our clients permitting us to be paid directly from each client’s
account. We shall never have custody, except for authorized fees, of any client funds or securities, as the
services of a qualified and independent custodian will be used for these asset management services.

In addition to our fees, clients’ assets may be subject to custodial fees, transaction fees, and mutual
funds fees such as “l2b-1” fees. We do not share in any portion of the brokerage fees/ transaction
charges imposed by the custodian.

The Investment Management Agreement may be terminated by us or the client by submitting written
notice to the appropriate party. If notice of termination is received within five (5) business days of the
signing of the Investment Management Agreement, services will be terminated without penalty (i.e., no
fees are due). After the initial five (5) business days, fees will be due, based on the number of days of
services provided prior to receipt of such notice. Termination of services will not affect the liabilities or
obligations of the parties arising out of transactions initiated prior to termination. All written notices of
termination to any parties under the Investment Management Agreement shall be delivered by hand,
first class mail, e-mail, facsimile transmission, or by certified mail to the addresses set forth in the
Investment Management Agreement. Clients should note that lower fees for comparable services may
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Item 7 - Types of Clients
Bauer Heitzmann provides wealth advisory services to individuals, high net-worth and ultra-high-net-
worth families, trusts, estates, small businesses, corporations, charitable organizations and other
businesses. We generally require a minimum of one million dollars ($1,000,000) in assets under
management for ongoing concierge wealth advisory Clients or $250,000 for our investment
management only platform. Most of our clients have a net worth (assets minus debts) between
$500,000 and $15,000,000 and household income of $200,000 to $1,000,000. Bauer Heitzmann serves
many retirees and individual 5-10 years from retirement. We have worked with clients who have been
divorced or lost a spouse to death. We also have many clients who are busy professionals and business
owners who want help with organizing their finances and making financial decisions. The majority of our
clients fall within these descriptions, but we also have clients who do not fit these demographics.
Minimum investable assets may be negotiable or waived at the sole discretion of the Advisor. However,
we may service any Client by offering our financial fine tuning and financial wellness offerings. Bauer
Heitzmann’s goal is to offer the best value to our clients and to reduce unnecessary costs. Bauer
Heitzmann is happy to work with any client and there is no investment minimum if the client
relationship is likely to lead to a larger account balance in the future.

Item 8 - Method of Analysis, Investment Strategies, and Risk of Loss