Cadence Wealth Management LLC

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 one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
investment advisory agreement. The period commences with the effective date of the investment advisory
agreement and continues on a pro-rata basis through the first month. The quarterly period includes this partial
month and the next two months. Investment advisory fees are based on the market value of assets under
management at the end of the prior period. Investment advisory fees range from 1.00% to 2.50% annually based on
several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the
overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio
restrictions and other complexities may be charged a higher fee.
                                            Cadence Wealth Management LLC
                                   1800 West Park Drive, Suite 330, Westborough, MA 01581
                                        Phone: (508) 898-0400 * Fax: (508) 898-0408
                                                   www.cadencewm.com

The investment advisory fee in the first or last quarter of service is prorated to the inception date of the account[s] to
the end of the quarterly period. Cadence will pro rate fees for accounts where the investment management
agreement is initiated or terminated on a date creating less than a full quarter of investment management for either
the initial or final month of the agreement. Any fees not earned may be refunded to the Client. Cadence reserves
the right not to pro rate its fees. Fees may be negotiable at the sole discretion of the Advisor, and the Advisor may
charge a lesser fee based upon criteria, such as, but not limited to, anticipated future earning capacity, anticipated
future assets to be managed, related accounts, account composition, and other factors. The Client’s fees will take
into consideration the aggregate assets under management with Advisor. All securities held in accounts managed
by Cadence will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the
Custodian’s valuation 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 expenses described in Item 5.C. below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment portfolio utilizing one or
more Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation
from an Independent Manager. The Advisor will only earn its investment advisory fee as described above. For
Clients that have accounts managed by an Independent Manager, the Independent Manager’s fee will typically be
charged separate from the Cadence fee listed above. The Client’s fee will be deducted from the Client’s account[s]
at the Custodian.

Financial Planning and Consulting Services
Cadence offers financial planning or consulting services on an annual basis for a fixed fee ranging from $600 to
$5,000, which may be negotiable depending on the nature and complexity of the services to be provided and the
overall relationship with the Advisor. The Advisor may also offer one-time Financial Planning services for short-term
engagements. An estimate for total costs will be determined prior to establishing the advisory relationship.

B. Fee Billing
Investment Management Services
Investment advisory fees will be 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 beginning of the respective quarter. The amount due is calculated by
applying the quarterly rate (annual rate divided by 4) to the total assets under management with Cadence at the
end of the prior quarterly period. Clients will be provided with a statement, at least quarterly, from the Custodian
reflecting deduction of the investment advisory 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 Cadence directly from their account[s] held
by the Custodian as part of the investment advisory agreement and separate account forms provided by the
Custodian.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Advisor and the Independent Manager
will each assume the responsibility for calculating and deducting their respective fees from the Client’s
account[s].

Financial Planning and Consulting Services
Financial planning and consulting fees are invoiced by the Advisor and are due upon execution of the financial
planning and consulting agreement.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Cadence, in connection with
investment made on behalf of the Client’s account[s]. The Client is responsible for all securities execution and

                                            Cadence Wealth Management LLC
                                   1800 West Park Drive, Suite 330, Westborough, MA 01581
...

Item 7 – Types of Clients
Cadence provides investment advisory services to individuals, high net worth individuals, families, trusts, and
estates. The amount of each type of Client is available on the Advisor's Form ADV Part 1A. These amounts may
change over time and are updated at least annually by the Advisor. Cadence generally requires a minimum
relationship size of $250,000 to effectively implement its investment process.