Beacon Associates Wealth Management LLC

Item 5: Fees and Compensation
Method of Compensation and Fee Schedule
 ASSET MANAGEMENT- SUB-ADVISOR OR CO-ADVISOR
 Our Sub-Advisor offers an actively managed program of mutual fund and stock portfolios.
 The fee will be disclosed to the Client in the Investment Advisory Agreement and are
 negotiable. The Clients fee for these services will be based on a percentage of assets under
 management as follows:

 Advisory fees are typically based on a percentage of your advisory assets under
 management and range from .10% to 2.00%. Generally, these asset-based fees are charged

for our discretionary investment management services. The applicable fee arrangement
applies to individual, institutional, and retirement plan clients as well as Sub-Advisory
relationships. You are never charged additional fees to cover the fee sharing agreements
associated with our Sub-Advisory or Co-Advisory relationships. The fees shared will not
exceed any limit imposed by any regulatory agency.
Our fees are negotiable depending on your needs and the complexity of your situation. In
all cases, the final fee schedule is outlined in the agreement that you sign. Generally, our
fees are paid monthly/quarterly in arrears. If you are billed in arrears, no refund applies.
Fees associated with new accounts are pro-rated based on the time invested. When
accounts are billed in arrears, fees associated with cash-flows (contributions and
withdrawals) are pro-rated based on the timing of the cash flow. You may terminate your
agreement with thirty (30) days’ written notice. You may also terminate your accounts
without penalty within five (5) business days of signing the advisory agreement.
Project-Based Fee Arrangements
Depending on the complexity of your situation and needs, we may enter into a project-
based advisory arrangement whereby fees will be assessed on a fixed or hourly basis.
Hourly fees are between $50 and $400 per hour while fixed fees are determined on a case
by case basis but generally range from $1,000 to $10,000. The fees are negotiable, and the
final fee schedule will be outlined in the agreement you sign. Fees are typically paid in
arrears upon completion; however, some Investment Advisor Representatives may choose
to require up to one-half of the fee (estimated hourly or fixed) payable upon engagement
with the balance generally being due upon delivery of the financial plan or completion of
the agreed upon services. You may terminate your agreement without penalty within five
(5) business days of signing the advisory agreement.
Clients Are Responsible For Third Party Fees
You are responsible for the payment of all third-party fees (i.e., custodian fees, mutual fund
fees, transaction fees, etc.). Insurance products, such as annuities, may also have associated
fees and expenses. All third-party fees are separate and distinct from the fees and expenses
that we charge. Please see ITEM 12 of this brochure regarding brokerage practices. If you
are working with another investment adviser who is using us as a Sub-Advisor, your
primary investment adviser will charge additional fees and expenses. The total fee may be
higher than the fees that we charge to our clients not working with a separate investment
adviser. ETFs and mutual funds typically charge their shareholders various transactions
and operating expense costs associated with the establishment and operation of the funds.
These fees will generally include a management fee, shareholder servicing, other fund
expenses, and sometimes a distribution fee. Because of differences in distribution and often
lower transaction costs, total operating expense ratios for ETFs have been historically less
than those for corresponding mutual funds. These separate fees and expenses are disclosed
in each fund’s prospectus, which is available from the fund or we can provide it to you upon
your request. Consequently, for any type of fund investment, it is important for you to
understand that you are directly and indirectly paying two levels of advisory fees and
expenses: you pay one layer of fees to the fund and one layer of advisory fees and expenses
to us. Generally speaking, most funds may be purchased directly, without using our
services or incurring our advisory fees.

 Sub-Advisor and Co-Advisor fees
 We have a fee sharing agreement in place with the Sub-Advisor or Co-Advisor. The
 allocation of the gross advisory fees between us and the Sub-Advisor or Co-Advisor is
 dictated by the services provided to the individual client. Clients are not charged additional
 fees to cover this fee sharing agreement with the Sub-Advisor or Co-Advisor. The fees
 shared will not exceed our stated maximum advisory fee. The client will be asked to
 authorize the Sub-Advisor or Co-Advisor with the ability to withdraw the total advisory fee.
 For Client Directed Accounts, the Sub-Advisor will assist in the opening, closing and
 transferring of accounts. The Sub-Advisor will provide institutional and 3rd party reports
 on securities held in the account and investment analysis via email or via phone when
 requested. the Sub-Advisor will liquidate and purchase securities per the Client’s request.
 the Sub-Advisor will also provide administrative services per the Client’s written request
 such as: ACH, check writing, RMD servicing. the Sub-Advisor will provide consolidated
 household performance reporting on these accounts which are combined with any Sub-
 Advisor managed accounts.
 The above fees are negotiable. Fees are assessed monthly in arrears based on the amount
 of the assets managed as of the end of the previous month. For example: The Monthly
 Advisory Fee = (Month End Value x Annual Fee %) X (Days in Month/Days in Year).
 All management fees are withdrawn from the Client’s account unless otherwise noted. the
 Sub-Advisor will receive written authorization from the Client to deduct advisory fees from
 their account held by a qualified custodian. the Sub-Advisor will pay Beacon their share of
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Item 7: Types of Clients
Description
 Beacon generally provides investment advice to individuals, high net worth individuals,
 trusts or estates. Client relationships vary in scope and length of service.
Account Minimums
 Beacon does not require a minimum to open an account.