Betterwealth LLC

Item	5:	Fees	&	Compensation

Compensation	for	Our	Advisory	Services

BetterWealth	charges advisory fees for investment management services, per the following schedule:

               Assets	Under	Management	             Annual	Percentage	of	Assets	Charge
                     $0	to	$1,999,999.99	                                1.00%
               $2,000,000	to	$2,999,999.99	                              0.85%
               $3,000,000	to	$3,999,999.99	                              0.75%
                      $4,000,000	and	up	                                 0.65%

Once	a	client’s	portfolio	reaches	a	breakpoint,	all	account	assets	are	billed	at	the	corresponding	rate.
Fees	to	be	assessed	will	be	outlined	in	the	advisory	agreement	to	be	signed	by	the	client.	Fees	are
negotiable	and	are	generally	deducted	directly	from	client	account(s).	Annualized	fees	are	billed	on
a	 pro-rata	 basis	 quarterly	 in	 advance	 based	 on	 the	 value	 of	 the	 account(s)	 on	 the	 last	 day	 of	 the
previous	quarter.	The	formula	used	for	the	calculation	is	as	follows:	(Annual	Rate)	x	(Total	Assets
Under	 Management	 at	 Quarter-End)	 /	 4.	 For	 new	 client	 accounts,	 the	 first	 payment	 is	 a	 pro-rata
calculation	that	takes	into	consideration	the	initial	value	of	the	portfolio	and	remaining	days	in	the
quarter	 once	 the	 account	 is	 funded.	 Our	 firm	 bills	 on	 cash	 balances	 in	 client	 portfolios	 unless
indicated	 otherwise	 in	 writing.	 When	 applicable,	 our	 firm	 also	 bills	 on	 margined	 securities.
Adjustments	will	be	made	for	deposits	and	withdrawals	during	the	quarter.

Upon	the	client’s	request,	our	firm	will	agree	to	invoice	directly.	Some	accounts	are	under	different
fee	 schedules	 honoring	 prior	 agreements.	 BetterWealth	 aggregates	 related	 account	 balances	 of
clients	 within	 the	 same	 household	 for	 purposes	 of	 achieving	 the	 advisory	 fee	 breakpoints	 listed
above.	We	also	manage	some	family	and	related	accounts	without	charge.

Our	 Firm	 provides	 financial	 planning	 services	 as	 part	 of	 its	 ongoing	 investment	 management
services.	We	do	not	charge	a	separate	or	additional	fee	for	financial	planning.	The	cost	of	financial
planning	is	included	in	the	advisory	fee	described	above.

Sub-Advisory	Services

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Our	firm’s	selected	third	party	managers	will	debit	fees	for	this	service	as	disclosed	in	the	executed
advisory	 agreement	 between	 the	 client	 and	 the	 third	 party	 manager.	 The	 fees	 that	 BetterWealth
receives	for	providing	investment	management	services	are	separate	from	the	fees	charged	to	clients
by	third	party	advisers.	The	third	party	managers	we	recommend	will	not	directly	charge	you	a	higher
fee	than	they	would	have	charged	without	us	introducing	you	to	them.	Fees	under	these	programs
are	 billed	 in	 accordance	 with	 the	 outside	 manager’s	 billing	 methodology	 (e.g.,	 arrears/advance,
quarterly/semi-annually),	 as	 described	 in	 each	 respective	 manager’s	 separate	 written	 disclosure
documents. Clients	should	consider	the	additional	cost	of	paying	sub-advisory	fees	since	we	do	not
discount	or	offset	our	standard	management	fee	for	clients	that	choose	to	participate	in	sub-advisory
programs.

Retirement	Plans
Retirement	Plan	Services	fees	are	billed	based	on	the	percentage	of	plan	assets	under	management
at	an	annual	rate	not	exceeding	1%.	Fee	arrangements	are	determined	on	a	case-by-case	basis	based
on	the	scope	and	complexity	of	our	engagement	with	the	client,	which	is	detailed	in	each	Plan	client's
signed	agreement

Other	Types	of	Fees	&	Expenses

These	 fees	 are	 separate	 from	 our	 firm’s	 advisory	 fees	 and	 will	 be	 disclosed	 by	 your	 custodian(s).
Clients	 will	 incur	 transaction	 fees	 for	 trades	 executed	 by	 their	 chosen	 custodian	 via	 individual
transaction	charges.	Charles	Schwab	&	Co.,	Inc.	(“Schwab”)	does	not	generally	charge	transaction	fees
for	U.S.	listed	equities	and	exchange	traded	funds.	When	applicable,	clients	also	pay	holdings	charges
imposed	by	the	chosen	custodian	for	certain	investments,	charges	imposed	directly	by	a	mutual	fund,
index	 fund,	 or	 exchange	 traded	 fund,	 which	 are	 disclosed	 in	 the	 fund’s	 prospectus	 (e.g.,	 fund
management	fees,	IRA	and	qualified	retirement	plan	fees,	mark-ups	and	mark-downs,	spreads	paid
to	market	makers,	fees	for	trades	executed	away	from	custodian,	wire	transfer	fees,	etc.)	Our	firm
does	not	receive	any	portion	of	these	fees.

Termination	&	Refunds

Wealth	Management	Services
Either	party	may	terminate	the	advisory	agreement	signed	with	our	firm	for	Wealth	Management
services	in	writing	at	any	time.	Upon	notice	of	termination	our	firm	will	process	a	pro-rata	refund	of
the	unearned	portion	of	the	advisory	fees	charged	in	advance.

Retirement	Plans
Either	party	to	an	existing	Retirement	Plan	Services	Agreement	may	terminate	in	writing	at	any	time.
The	Plan	client	will	be	charged	in	arrears	on	a	pro-rata	basis	for	bona	fide	advisory	services	rendered
up	to	the	effective	date	of	termination.

Commissionable	Securities	Sales

Our	firm	and	representatives	do	not	sell	securities	for	a	commission	in	advisory	accounts.

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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;
    • Trusts,	Estates	or	Charitable	Organizations;
    • Pension	and	Profit-Sharing	Plans;	and
    • Corporations,	Limited	Liability	Companies	and/or	Other	Business	Types

While	our	firm	does	not	require	a	minimum	account	balance	for	our	Wealth	Management	services,
we	reserve	the	authority	to	terminate	a	client	account	or	reject	a	prospective	client	if	we	determine
that	the	size	of	an	account	is	too	small	to	effectively	service	the	client.