Brazos Wealth Advisors LLC

Fees and Compensation - Item 5

 Wealth Management Services
 BWA charges a fixed fee for its services, which is determined on a client-by-client basis using several factors,
 including, but not limited to, the client’s household assets, income, Service Tier, etc. The typical range of fees for
 each Service Tier is illustrated in the table below.

                         SERVICE TIER                                       TYPICAL FEE RANGE**

     Investor                                                $4,000 - $8,000
     Accumulator                                             $8,000 - $15,000
     Independent                                             $15,000 - $24,000
     Affluent                                                $24,000 - $30,000
     Legacy/Family Plan                                      $30,000 +

 * Clients may pay a fee outside the ranges above for a given Service Tier.

 **The Service Tier is determined by the scope of financial planning, investment management, and concierge
 services requested by the client. In evaluating the Service Tier, BWA follows a Service Grid to help determine the
 negotiated services and fee. The Service Grid is reviewed with each Client and incorporated within the Advisory
 Agreement (as Schedule A) executed with our firm.

 These fees are typically billed in advance on a monthly or quarterly basis and may be prorated if services begin or
 end in the middle of a billing cycle. If fees are withdrawn from a custodied account, the qualified custodian holding
 the investment account will send an itemized statement, at least quarterly, which will include fee details. If fees
 are invoiced directly, BWA will send the client an itemized invoice at the time of billing. The specific fees payable
 by the Client, as well as the terms and schedule for payment, will be memorialized in an agreement between BWA
 and the Client.

 Upon client request, BWA may consider offering an alternative fee arrangement. Such alternative fees are
 considered on a client-by-client basis and negotiated on a client-by-client basis, the potential scope of work,
 complexity, and time required by BWA varying widely from one client to another. We may have certain legacy
 clients that pay advisory fees that were in effect at the time those individuals became clients.

 We will typically deduct our fee directly from your account through the qualified custodian holding your funds
 and securities. We will deduct our advisory fee only when you have given our firm written authorization
 permitting the fees to be paid directly from your account. Further, the qualified custodian will deliver an account
 statement to you at least quarterly. These account statements will show all disbursements from your account.
 You should review all statements for accuracy. In limited circumstances, and in our sole discretion, we may agree
 to invoice clients directly in lieu of the custodian debiting the client’s managed account.

 You may terminate the wealth management agreement upon written notice (email and/or ACAT notice will
 suffice). You will incur a pro rata charge for services rendered prior to the termination of the wealth management
 agreement, which means you will incur advisory fees only in proportion to the number of days in the billing period
 for which you are a client. Lower fees for comparable services may be available from other sources.

 Financial Planning and Consulting Services
 We charge an annual fixed fee for financial planning and consulting services that may range up to $20,000. In
 limited circumstances, we may negotiate a higher fixed fee where the client’s financial circumstances and
 planning needs are complex and require enhanced planning services. The fee will be determined based on factors

Brazos Wealth Advisors LLC
Form ADV Part 2A Brochure

 including the complexity of your financial situation, agreed upon deliverables, and whether you intend to
 implement any recommendations through Brazos. Clients who engage us for hourly planning will be charged up
 to $500 per hour. Our financial planning and consulting fee and payment arrangement are negotiable with each
 individual client. Clients will be invoiced directly for financial planning and consulting fees or the client may
 authorize us to bill an existing account that we manage under our management services. Either party may
 terminate the engagement by providing written notice to the other party. Clients will incur a pro rata charge for
 services rendered prior to the termination of the agreement, and will receive a refund for unearned fees if an
 advance is negotiated.

 Retirement Planning and Consulting Services
 BWA serves pension and profit-sharing plans under the following fee schedule:

  Total Assets Under Management                             Annual Fee
  $0 - $1,000,000                                           0.65%
  $1,000,001 - $2,000,000                                   0.60%
  $2,000,001 - $3,000,000                                   0.55%
  $3,000,001 - $4,000,000                                   0.50%
  $4,000,001 - $5,000,000                                   0.45%
  Over $5,000,000                                           Annual Flat Fee of $22,500

 *In our sole discretion, we may negotiate other fees, such as flat or fixed fees, depending on the client
 circumstances.

 Additional Fees and Expenses
 As part of our investment advisory services to you, we may invest, or recommend that you invest, in mutual funds
 and exchange traded funds. The fees that you pay to our firm for investment advisory services are separate and
 distinct from the fees and expenses charged by mutual funds or exchange traded funds (described in each fund's
 prospectus) to their shareholders. These fees will generally include a management fee and other fund expenses.
 You will also incur transaction charges and/or brokerage fees when purchasing or selling securities. These charges
...

Types of Clients - Item 7

 BWA currently provides services to individuals, high net worth individuals, including trusts, and pension and
 profit-sharing plans. BWA does not impose any account minimum annual fees or minimum account requirements.

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

 Our Methods of Analysis and Investment Strategies
 BWA’s methods of analysis include fundamental analysis, quantitative analysis and modern portfolio theory.
 Fundamental analysis involves the analysis of financial statements, the general financial health of companies,
 and/or the analysis of management or competitive advantages. Quantitative analysis deals with measurable
 factors as distinguished from qualitative considerations such as the character of management or the state of
 employee morale, such as the value of assets, the cost of capital, historical projections of sales, and so on. Modern
 portfolio theory is a theory of investment that attempts to maximize portfolio expected return for a given amount
 of portfolio risk or equivalently minimize risk for a given level of expected return, each by carefully choosing the
 proportions of various assets.

 Long-term purchases. When utilizing this strategy, we may purchase securities with the idea of holding them for
 a relatively long time (typically held for at least a year). A risk in a long-term purchase strategy is that by holding
 the security for this length of time, we may not take advantage of short-term gains that could be profitable to a
 client. Moreover, if our predictions are incorrect, a security may decline sharply in value before we make the
 decision to sell.

 Short-term purchases. When utilizing this strategy, we may also purchase securities with the idea of selling them
 within a relatively short time (typically a year or less). We do this in an attempt to take advantage of conditions
 that we believe will soon result in a price swing in the securities we purchase. Any investment with a short-term
 time horizon is unpredictable and can fluctuate wildly. Risks of principal loss may be higher in these scenarios

 Margin transactions. We may purchase stocks for your portfolio with money borrowed from your brokerage
 account. This allows you to purchase more stock than you would be able to with your available cash, and allows
 us to purchase stock without selling other holdings. Margin transactions carry significant risk, including principal
 loss from the underlying investment, rising rates on the margin loans, and compounding interest on the loan.
 Purchasing securities on margin is not a typical recommendation for long-term investing.

 Option writing. We may use options as an investment strategy. An option is a contract that gives the buyer the
 right, but not the obligation, to buy or sell an asset (such as a share of stock) at a specific price on or before a
 certain date. An option, just like a stock or bond, is a security. An option is also a derivative, because it derives its
 value from an underlying asset. The two types of options are calls (the right to buy an asset at a certain price
 within a specified period of time) and puts (the right to sell an asset at a certain price within a specified period of
 time). We may use basic option strategies, such as covered calls, protective puts, and spreads, or more advanced
 option strategies where appropriate.

 Investing in securities involves a risk of loss that you, as a client, should be prepared to bear.