Centennial Wealth Advisory LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

CWA may direct clients to third-party investment advisers. CWA will be compensated
via a fee share from the advisers to which it directs those clients. The fees shared are
negotiable and will not exceed any limit imposed by any regulatory agency. The notice of
termination requirement and payment of fees for third-party investment advisers will
depend on the specific third-party adviser selected.

       Total Assets         CWA’s Fee        Third Party’s Fee       Total Fee
         All Assets         Up to 1.00%         0.35% - 0.45%       Up to 1.45%

An average of the daily balance in the client’s account throughout the billing period is
used to determine the market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of CWA's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract
immediately upon written notice.

Tax Preparation

CWA charges $249 for the preparation of individual income tax returns. This fee may be
waived or reduced on a case by case scenario when providing portfolio management
services.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a monthly basis, or may be invoiced and billed
directly to the client on a monthly basis. Clients may select the method in which they are
billed. Fees are paid in arrears. CWA then remits the balance to the third party platform.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by CWA. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

CWA collects its fees in arrears. It does not collect fees in advance.

E. Outside Compensation for the Sale of Securities to Clients

Luke Leonard Mooi, Arthur Rolland Canfield, Jonathan Thomas Torbet, Nicholas D
Greenman, Raymond Joseph Jager, Jack C Klunder, Joseph Denzel Carpenter, Aaron
Stahl, Leah Neverth, Dylan McCardel and Ashley Smtih are insurance agents.

1. This is a Conflict of Interest

   Supervised persons may accept compensation for the sale of insurance products,
   including commissions from the sale of insurance products to CWA's clients. This
   presents a conflict of interest and gives the supervised person an incentive to
   recommend products based on the compensation received rather than on the client’s
   needs. When recommending the sale of investment products for which the supervised
   persons receives compensation, CWA will document the conflict of interest in the
   client file and inform the client of the conflict of interest.

2. Clients Have the Option to Purchase Recommended Products From
Other Brokers

   Clients always have the option to purchase CWA recommended products through
   other agents that are not affiliated with CWA.

       3. Commissions are not CWA's primary source of compensation for
       advisory services

           Commissions are not CWA’s primary source of compensation for advisory services.

       4. Advisory Fees in Addition to Commissions or Markups

           Advisory fees that are charged to clients are not reduced to offset the commissions or
           markups on insurance products recommended to clients.

Item 7: Types of Clients

CWA generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations or Business Entities

There is no account minimum for any of CWA’s services.