Carey Consulting Wealth Management Inc

Item 5: Fees & Compensation

    How We Are Compensated for Our Advisory Services

    Comprehensive Portfolio Management:

    The maximum annual fee to be charged for this service is 1.25%. The fee assessed client account(s)
    or portfolio will be detailed in an advisory agreement to be signed by the client. Our firm’s annualized
    fees are billed on a pro-rata basis quarterly in advance based on the value of your account on the last
    day of the previous quarter. Adjustments will be made for deposits and withdrawals during the
    quarter. Unless otherwise agreed to in writing, our advisory fees will be assessed on cash and cash
    equivalents. Fees are negotiable and will be deducted from your account. As part of this process, the
    client is made aware of the following:

         a) Your independent custodian sends statements at least quarterly to you showing the market
            values for each security included in the Assets and all disbursements in your account
            including the amount of the advisory fees paid to us;
         b) You provide authorization permitting us to be directly paid by these terms. We send our
            invoice directly to the custodian; and
         c) It is the client’s responsibility to verify the calculation of advisory fees deducted from the
            account.

    Financial Planning & Consulting:

    We charge on an hourly or flat fee basis for financial planning and consulting services. The total
    estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of
    our engagement with you. Our hourly fee to be charged will not exceed $350. Flat fees generally range
    from $1,500 to $10,000. We require a retainer of fifty-percent (50%) of the ultimate financial
    planning or consulting fee with the remainder of the fee directly billed to you and due to us within
    thirty (30) days of your financial plan being delivered or consultation rendered to you. In all cases,
    we will not require a retainer exceeding $1,200 when services cannot be rendered within 6 (six)
    months.

    Pension Consulting:

    Services are billed as a percentage of Plan assets under management. The total estimated fee, as well
    as the ultimate fee charged, is based on the scope and complexity of our engagement with the client.
    The maximum fee will not exceed 1.00% of Plan assets under management. The fee-paying
    arrangements for this service will be determined on a case-by-case basis and will be detailed in the
    signed Pension Consulting Agreement.

    Other Types of Fees & Expenses

    Non-Wrap fee Clients will incur transaction charges for trades executed in their accounts. These
    transaction fees are separate from our fees and will be disclosed by the firm that the trades are

ADV Part 2A – Firm Brochure                        Page 6                                  Carey Wealth Management

    executed through. Charles Schwab Co., Inc. (“Schwab”) does not charge transaction fees for U.S. listed
    equities and exchange traded funds.

    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).

    Wrap fee clients will receive our Form ADV, Part 2A, Appendix 1 (the “Wrap Fee Program Brochure”).
    Wrap fee clients will not incur transaction costs for trades. More information about this is disclosed
    in our separate Wrap Fee Program Brochure.

    Termination & Refunds

    We charge our advisory fees quarterly in advance. In the event that you wish to terminate our
    services, we will refund the unearned portion of our advisory fee to you. You need to contact us in
    writing and state that you wish to terminate our services. Upon receipt of your letter of termination,
    we will proceed to close out your account and process a pro-rata refund of unearned advisory fees.

    For purposes of calculating refunds for Financial Planning and Consulting services, all work
    performed by us up to the point of termination shall be calculated at our hourly fee currently in effect.
    You will receive a pro-rata refund of unearned fees based on the time and effort expended by our
    firm and Planner.

Item 7: Types of Clients & Account Requirements

    We have the following types of clients:
       • Individuals and High Net Worth Individuals;
       • Pension and Profit-Sharing Plans;

    Our Wrap Fee Program generally requires a minimum household balance of $1,000,000 for
    participation.