Bluewater Wealth Advisors LLC

Item 5. Fees and Compensation
      BWA offers services on a fee basis, which includes fixed fees, as well as fees based upon assets under
      management.

      Financial Planning and Consulting Fees

      While financial planning and consulting services are usually included as part of the Wealth Management
      fee described below, in certain circumstances BWA can charge a fixed fee for providing financial planning
      and consulting services. These fees are negotiable, but range from $1,000 to $10,000, depending upon the
      scope and complexity of the services and the professional rendering the financial planning and/or the
      consulting services. If the client engages the Firm for additional investment advisory services, BWA can
      offset all or a portion of its fees for those services based upon the amount paid for the financial planning
      and/or consulting services.

      The terms and conditions of the financial planning and/or consulting engagement are set forth in the
      Advisory Agreement. BWA requires one-half of the fee payable upon execution of the Advisory
      Agreement. The outstanding balance is due upon delivery of the financial plan or completion of the agreed
      upon services. The Firm does not, however, take receipt of $1,200 or more in prepaid fees, six or more
      months in advance of services rendered.

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 Disclosure Brochure

      Wealth Management Fees

      BWA offers wealth management services for an annual fee based on the amount of assets under the Firm’s
      management (unless a separate fee is charged for financial planning or consulting as described above). This
      management fee varies in accordance with the following fee schedule:

                                  PORTFOLIO VALUE                         BASE FEE
                                      Up to $500,000                         1.25%
                                   $500,001 - $2,500,000                     1.00%
                                  $2,500,001 - $5,000,000                    0.75%
                                  Greater than $5,000,000                    0.50%

      The annual fee is prorated and charged quarterly, in advance, based upon the market value of the assets
      being managed by BWA on the last day of the previous billing period.

      The Firm includes cash in a client’s account in determining the valuation for billing purposes. The Firm
      may, in its sole discretion, not include cash in determining the fee, especially where a client has a high
      percentage of cash for reasons other than the Firm's investment management decision.

      If assets are deposited into or withdrawn from an account after the inception of a billing period, the fee
      payable with respect to such assets is not adjusted to reflect the interim change in portfolio value. For the
      initial period of an engagement, the fee is calculated on a pro rata basis. In the event the advisory agreement
      is terminated, the fee for the final billing period is prorated through the effective date of the termination and
      the outstanding or unearned portion of the fee is charged or refunded to the client, as appropriate.

      Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g.,
      held-away assets, accommodation accounts, alternative investments, etc.), BWA can negotiate a fee rate
      that differs from the range set forth above. Clients are advised that a conflict of interest exists for the Firm
      to recommend that clients engage BWA for additional services for compensation, including rolling over
      retirement accounts or moving other assets to the Firm’s management. Clients retain absolute discretion
      over all decisions regarding engaging the Firm and are under no obligation to act upon any of the
      recommendations.

      Fee Discretion

      BWA may, in its sole discretion, negotiate to charge a lesser fee based upon certain criteria, such as
      anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
      managed, related accounts, account composition, pre-existing/legacy client relationship, account retention,
      pro bono activities, or competitive purposes.

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 Disclosure Brochure

      Additional Fees and Expenses

      In addition to the advisory fees paid to BWA, clients also incur certain charges imposed by other third
      parties, such as broker-dealers, custodians, trust companies, banks and other financial institutions
      (collectively “Financial Institutions”). These additional charges include securities brokerage commissions,
      transaction fees, custodial fees, fees attributable to alternative assets, fees charged by the Independent
      Managers, margin and other borrowing costs, charges imposed directly by a mutual fund or ETF in a client’s
      account, as disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses),
      deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other
      fees and taxes on brokerage accounts and securities transactions. The Firm’s brokerage practices are
      described at length in Item 12, below.

      Direct Fee Debit

      Clients provide BWA and/or certain Independent Managers with the authority to directly debit their
      accounts for payment of the investment advisory fees. The Financial Institutions that act as the qualified
      custodian for client accounts, from which the Firm retains the authority to directly deduct fees, have agreed
...

Item 7. Types of Clients
      BWA offers services to individuals, high net worth individuals, trusts, estates, charitable organizations,
      corporations and other business entities.