Beacon Financial Planning Inc

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, at the end of each calendar quarter, pursuant to the terms of the
wealth management agreement. Wealth management fees are based on the average daily balance of assets under
management each calendar quarter. Wealth management fees are based on the following schedule:

                                              Beacon Financial Planning, Inc.
                                        540 Main Street, Suite 14, Hyannis, MA 02601
                                         Phone: (508) 790-7039 * Fax: 617-334-7967
                                          https://www.beaconfinancialplanning.com/

                 Assets Under Management ($)               Annual Rate (%)
                 Up to $1,000,000                          1.00%
                 $1,000,001 to $3,000,000                  0.90%
                 $3,000,001 to $5,000,000                  0.80%
                 $5,000,001 to $7,000,000                  0.70%
                 $7,000,001 to $10,000,000                 0.60%
                 $10,000,000 and above                     0.40%

Client accounts below $500,000 are subject to a flat fee of $5,000. 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. Certain legacy clients may be billed under a different fee schedule.
The Client’s fees will take into consideration the aggregate assets under management with the Advisor. All
securities held in accounts managed by Beacon will be independently valued by the Custodian. Beacon will
conduct periodic reviews of the Custodian’s valuations 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 expense described in Item 5.C below, which may be incurred by the Client.

For assets managed through a third-party platform, the Client is not charged any additional platform fees. The
Advisor bears the cost of the platform in order to service these Client assets. Advisory fees apply to assets
accessed and managed through the platform as part of the Client’s assets under management, as disclosed
above.

Financial Planning Services
Beacon offers on-going financial planning services for an annual fee of $5,000, billed at the end of each calendar
quarter. For Clients who enter into a Wealth Management agreement with Beacon, within one year of receiving the
Advisor’s financial planning services, this fee will be credited towards the Client’s wealth management fees if the
client selects to hire Beacon for wealth management Services.

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 end of the respective quarter date. The amount due is calculated by applying the
quarterly rate (number of days in the quarter divided by 365) to the total assets under management with Beacon at
the end of the quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting
deduction of the wealth management fee. It is the responsibility of the Client to verify the accuracy of these fees as
listed on the Custodian’s brokerage statement as the Custodian does not assume this responsibility. Clients provide
written authorization permitting advisory fees to be deducted by Beacon 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.

Financial Planning Services
On-going financial planning fees are invoiced by the Advisor and billed at the end of each calendar quarter. At no
point will the Advisor collect advance fees of $1,200 or more for any services that will be completed six (6)
months or more in advance.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Beacon, 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 if applicable. The fees charged by Beacon are separate and distinct
from these custody and execution fees.

In addition, all fees paid to Beacon for wealth management 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

                                             Beacon Financial Planning, Inc.
                                       540 Main Street, Suite 14, Hyannis, MA 02601
                                        Phone: (508) 790-7039 * Fax: 617-334-7967
                                         https://www.beaconfinancialplanning.com/

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 Beacon,
but would not receive the services provided by Beacon 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
...

Item 7 – Types of Clients

Beacon offers investment advisory services to individuals, high net worth individuals, trusts, estates, and
charitable organizations. The amount of each type of Client is available on Beacon’s Form ADV Part 1A. These
amounts may change over time and are updated at least annually by the Advisor.

Beacon generally requires a minimum relationship size of $1,000,000 to effectively implement its investment
process for new clients. The minimum can be waived at the sole discretion of the Advisor. Client accounts below
$500,000 are subject to a flat fee of $5,000.

                                              Beacon Financial Planning, Inc.
                                        540 Main Street, Suite 14, Hyannis, MA 02601
                                         Phone: (508) 790-7039 * Fax: 617-334-7967
                                          https://www.beaconfinancialplanning.com/