Clarion Wealth Management Partners LLC

Item 5 – Fees and Compensation
Advisory / Account- and Investment-Level Management Fees

The advisory fees we charge to manage your investments at the account level are based on a
percentage of the market value of assets under management - this typically includes cash and
cash equivalent investments: bank sweep programs, money market funds, CDs, and T-Bills.

Additionally, mutual funds, exchange traded funds (ETFs), unit investment trusts, real estate
investment trusts, other “packaged” products or third-party managers charge asset (or
investment-level) management fees. These fees are in addition to the advisory fee that Clarion
charges to manage your portfolio and account(s). The fees charged by such funds or managers
are disclosed in each fund’s prospectus or third-party investment manager’s Form ADV Part 2A.
Clarion does not share in any portion of these fees.

Advisory fees to manage your portfolio and accounts are determined and agreed upon by clients
and your advisor at the time you become a client. Advisory fees are negotiable at the sole
discretion of Clarion. The advisory fee to manage your account does not cover debit balances or
related margin interest or SEC fees or other fees or taxes required by law. In addition, certain
accounts may be required to pay custodian, account maintenance, trade execution, transaction
or alternative custodial fees - all fees will be detailed in your client agreement otherwise known
as the Investment Advisory Agreement.

Financial Planning / Wealth Management Consulting Fees

The fees we charge for wealth management consulting only, financial planning advice or non-
profit or business consulting are fixed fees. These fees are generally a flat dollar amount and are
payable in advance and contract our services for a specific amount of time, however, we may
choose to charge on an hourly basis. Annual financial planning or consulting fees generally begin
at $5,000 and are usually no higher than $25,000. Hourly rates will not exceed $750. Fixed fees

CLARION WEALTH MANAGEMENT PARTNERS                                             FORM ADV PART 2A

are based on the complexity of each particular situation, the anticipated scope of services, and
actual work required and completed in order to deliver these services to you.

In our sole discretion for clients who are investing through us in the Investment Management
Program described above and have more than $1,000,000 under our management, we may
reduce or waive financial planning fees altogether.

For clients who are invested in the Wrap Fee Program described above, we waive these fixed
fees and provide financial planning services at no additional charge.

Termination of Contracts

The Investment Advisory Agreement, as applicable, may be terminated by either party at any time
by giving the other party written notice. The effective termination date will be 30 days after written
notice is received unless otherwise stated. While the termination date can be the date of the
notification, the termination date cannot be prior to notification.

Fees paid in advance will be prorated to the effective date of termination and any unearned portion
of the fee will be refunded to you within a practical period of time. The advisory fee will be returned
to the account from which was deducted, if possible or, if not possible, sent via check. Online
access to your accounts through wealth management platforms (Investor360) provided by Clarion
will be held open for a maximum of 30 days after the effective date.

We provide a current copy of this Brochure to prospective clients before entering into an advisory
contract or, at the latest, at the time of entering into the contract. Detailed information on the
termination terms and fees that you may encounter if you close accounts can be found in the
applicable investment advisory agreement.

How You’re Charged and How We’re Compensated

Clients who elect to receive investment advisory services through one or more of Clarion’s
investment management programs will generally pay a fee to Clarion and their advisor for those
services. Your advisory fee is an annualized percentage of assets under management, including
cash and money market positions.

Clarion offers a breakpoint fee schedule. The breakpoint schedule is applied at the household
level (an individual or couple with or without college-aged children as an example).

Breakpoint Schedule
A breakpoint schedule looks at the account values in the household and compares it to a set fee
schedule. Based upon the value of the accounts in the household at the end of the billing period,
the billable fee rate will decline as the value of the account reaches the next fee rate, or
“breakpoint.” The total value of the accounts in the household is compared against the fee rate
for the respective value range that corresponds with the household values to determine the total
account fee for that period.

For example, assume the advisor and client negotiate the following breakpoint fee schedule:

CLARION WEALTH MANAGEMENT PARTNERS                                                 FORM ADV PART 2A

                  Account Value                     Fee
                  Up to $2,000,000                  1.50%
                  $2,000,000 - $3,999,999           1.25%
                  $4,000,000 - $5,999,999           1.00%
                  Above $6,000,000                  0.80%

Also, assume the account value at the end of the billing period is $1,800,000. In this hypothetical
example, and assuming an advanced quarterly billing cycle is applied, the account fee for the
upcoming quarter would be assessed as follows: The $1,800,000 account value falls within the
fee schedule value range of up to $2,000,000 which corresponds with a fee rate of 1.50 percent.
Therefore, $1,800,000 x 1.50% = $27,000; $27,000 ÷ 4 = a $6,750 advance quarterly account
fee.

The maximum annual rate for account management at Clarion is 1.5%.
...

Item 7 – Types of Clients
Clarion provides investment advisory and financial planning services to a variety of clients.
Individuals, couples and families (including high net worth individuals, couples and families) as
well as small business owners, charitable (non-profit) organizations, employer-sponsored profit-
sharing plans and corporations can all be clients of Clarion. Each client is considered by Clarion
as a “household.”

In general, Clarion requires each household to have a minimum of $500,000 that is managed by
Clarion. We may waive this minimum at our discretion. We have found that our investment
strategies are best employed with amounts at or above $500,000.