Cherrydale Wealth Management LLC

Item 5: Fees & Compensation

    How We Are Compensated for Our Advisory Services

                    Assets Under Management          Annual Percentage of Assets Charge
                             All Assets                         Up to 1.00%

    CWM’s fees are billed on a pro-rata annualized basis. Fees are billed quarterly, in advance of each
    calendar quarter, based upon the closing market balance at the end of the prior quarter. Total market
    balance calculations include all investments in the account(s), including cash and cash equivalents
    and are calculated gross of any margin utilized for the account(s). Fees are adjusted for contributions
    or withdrawals from the account(s) during a quarter based on the number of days remaining in the
    quarter and applied during the next billing period. Our financial planning service is only available to
    existing Clients who pay a fee based on assets under management, and there is no additional financial
    planning fee. In select instances, advisory fees are negotiable and will be deducted from the Client’s
    account(s) at the Custodian. However, CWM’s minimum annual fee for new clients is $10,000, and

Form ADV Part 2A – Disclosure Brochure             Page 5                          Cherrydale Wealth Management, LLC

    we may reduce this minimum at our sole discretion. As part of the fee deduction process, the Client
    is made aware of the following:

         a) Your Custodian sends statements to you on at least a quarterly (typically monthly) basis
            showing your holdings, their market value, and all disbursements;
         b) You provide authorization permitting CWM to be paid directly from the account(s) held by
            the Custodian;
         c) CWM sends an electronic request to the Custodian indicating the amount of the fee to be paid
            from the Client’s account(s), and this invoice is concurrently sent to the Client.
         d) We encourage Clients to compare information provided in their statements with those from
            the Custodian in account opening notices and subsequent statements.
         e) All securities held in accounts managed by CWM will be independently valued by the
            Custodian. CWM will conduct periodic reviews of the Custodian’s valuation to ensure
            accurate billing.

    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. Independent Managers will not typically offer any fee discounts, but
    may have a breakpoint schedule which will reduce the fee with an increased level of assets placed
    under management with an Independent Manager. The terms of such fee arrangements are included
    in the Independent Manager’s disclosure brochure and applicable contract[s] with the 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]. The total fee, including
    the Advisor’s fee and the Independent Manager’s fee will not exceed 2.25% annually.

    Other Types of Fees & Expenses
    Clients will incur transaction charges for trades executed in their accounts. CWM’s recommended
    custodian does not charge securities transaction fees for ETF and equity trades in Client accounts,
    but does charge for mutual funds and other types of investments. These transaction fees are separate
    from CWM’s fees. Also, Clients will pay the following separately incurred expenses, which we do not
    receive any part of: charges imposed directly by an ETF or mutual fund, which shall be disclosed in
    the fund’s prospectus (i.e. fund management fees and other fund expenses). Please see Item 12.

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

    Termination & Refunds – Independent Managers
    In the event that the Advisor has determined that an Independent Manager is no longer in the Client’s
    best interest, the Advisor will have the discretion to terminate the relationship with the Independent
    Manager. The terms for termination are set forth in the respective agreements between the Advisor
    and the Independent Managers.

Form ADV Part 2A – Disclosure Brochure            Page 6                          Cherrydale Wealth Management, LLC

    Commissionable Securities Sales
    We do not sell securities for a commission in our advisory accounts. Neither CWM nor any supervised
    persons accept compensation for the sale of securities or other investment products.

Item 7: Types of Clients & Account Requirements

    We provide comprehensive wealth management advice to individuals, high net-worth individuals,
    and families. We are open to working with other types of Clients in the future. The amount of each
    type of Client is available on the Advisor's Form ADV Part 1A. Clients interested in market timing
    can’t open an account through CWM. CWM generally requires a minimum relationship size of
    $1,000,000, which may be reduced at the sole discretion of the Advisor.