Buchanan Wealth Management LLC

Item 5 – Fees and Compensation
Investment Management
Fees are paid quarterly in advance and will generally not exceed 1.35% of assets under management unless the
scope, complexity, amount of time or expertise required warrant a higher fee. The account custodian calculates
the advisory fee based on the prior quarter end value, multiplied by the advisory fee divided by 360 and then
multiplied by 90. The fee is deducted based on a separate written authorization between the custodian and the
Client. The advisory fee schedule is the same for wrap or non-wrap accounts.

                              Portfolio Size                 Annual Tiered Advisory Fee
                   Additional Amounts over $5,000,000                  0.80%
                          On the Next $3,000,000                          0.95%
                          On the Next $1,000,000                          1.10%
                          On the Next $500,000                            1.20%
                           On the first $500,000                          1.35%

   •   Clients will receive quarterly statements from the Custodian that provides details of the advisory fees.

   •   The investment advisory fee in the first period of service is pro-rated from the inception date of the
       account[s] to the end of the first quarter.

   •   If the advisory agreement is terminated before the end of the quarterly period, Client is entitled to a pro-
       rated refund of any pre-paid quarterly advisory fee based on the number of days remaining in the quarter
       after the termination date.

   •   Asset management fees are exclusive of and in addition to, brokerage fees, transaction fees, and other
       related costs and expenses.

   •   The firm will not have the authority or responsibility to value portfolio securities.

   •   Fees are generally not negotiable.

Mutual Fund Share Class Disclosures
Buchanan Wealth Management, LLC strives to select the lowest cost share class available; however, certain
mutual fund share classes charge a 12b-1 fee that generally amounts to an additional .25% expense ratio or more.
The purpose of 12b-1 fees, as approved by the SEC, are to cover marketing expenses and shareholder services
such as support services and “other expenses” such as legal, accounting and the administrative functions of the
custodian. When selecting a mutual fund, Investment Advisor Representatives have a fiduciary duty to choose
the share class that helps manage the overall fee structure of the account. The entire fee structure

 ADV 2A – Firm Disclosure Brochure

includes such fees as the asset management fee, the expense ratio and ticket charges.

       •    Mutual funds typically offer multiple share classes, including lower-cost share classes that do not
            charge 12b-1 fees and are therefore usually less expensive.
       •    Investment Advisor Representatives will consider investing Client funds in 12b-1 fee-paying share
            classes even when a lower-cost share class is available as appropriate to account for the overall fee
            structure and tax considerations as well as attributes of a fund not available for lesser fees.

Financial Planning
The fee for financial planning is based on an hourly rate of $300 a hour. Hourly fees are generally charged as they
are incurred.

   •       Comprehensive Financial Planning: $300 an hour.
The amount of time required is based on the scope and complexity of a particular Client’s financial situation as
well as the amount of expertise required. In some cases, a fee greater or lesser then the typical fee range may be
warranted.

Hourly Consulting Services
The fee for hourly consulting is generally $300 an hour based on the scope and complexity as well as the amount
of time and/or expertise required.

Retirement Plan Consulting
The fee for Retirement Plan Consulting will generally not exceed 0.50% of plan assets under management plus
a flat $500 fee per quarter. The total estimated fee, as well as the ultimate fee charged is based on the scope and
complexity of the engagement. The fee-paying arrangement for Retirement Plan Consulting will be outlined in a
separate agreement.

Compensation for Sales of Securities
Buchanan Wealth Management, LLC does not receive commission compensation for advisory services.

Other Fees and Expenses
Clients will incur transaction charges for trades executed in a non-Wrap Fee account. These transaction fees are
separate from our fees. Also, Clients will pay the following separately incurred expenses, which we do not
receive any part of: charges imposed directly by a mutual fund, index fund, or exchange traded fund which shall
be disclosed in the fund’s prospectus (i.e., fund management fees and other fund expenses). If a Client’s assets
are invested in mutual funds or other pooled investment products, Clients should be aware that there will be two

 ADV 2A – Firm Disclosure Brochure

layers of advisory fees and expenses for those assets. Client will pay an advisory fee to the fund manager and
other expenses as a shareholder of the fund. Client will also pay Advisor the advisory fee with respect to those
assets. Most of the mutual funds available in the program may be purchased directly. Therefore, Clients could
generally avoid the second layer of fees by not using the management services of Buchanan Wealth Management,
LLC and by making their own investment decisions. Further information regarding fees assessed by a mutual
fund is available in the appropriate prospectus.

Termination
A contract between Buchanan Wealth Management, LLC and a Client may be cancelled at any time and billing
will be stopped as soon as reasonable efforts allow. Clients will be given this brochure form ADV Part 2A,
forty-eight hours in advance of signing an agreement or they will have five business days to unconditionally
cancel the agreement.

Item 7 – Types of Clients
The advisory services offered by Buchanan Wealth Management, LLC are available for individuals, individual
retirement accounts (“IRAs”), and profit-sharing plans, including plans subject to Employee Retirement Income
Security Act of 1974 (“ERISA”) and other business entities or trusts.