Cleveland Wealth LLC

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based Fees for Portfolio Management

        Total Assets Under Management           Annual Fee

        $0 - $499,999                           1.50%

        $500,000 - $999,999                     1.35%

        $1,000,000 - $2,499,999                 1.15%

        $2,500,000 - $4,999,999                 1.00%

        $5,000,000 - $9,999,999                 .80%

        $10,000,000 – and up                    .65%

Lower fees for comparable services may be available from other sources.

These fees are generally negotiable, and the final fee schedule is attached as Exhibit II of
the Investment Advisory Contract. Fees are based on a straight fee schedule. Clients may
terminate the agreement without penalty for a full refund of CW's fees within five
business days of signing the Investment Advisory Contract. Thereafter, clients may
terminate the Investment Advisory Contract clients generally upon written notice.

Depending upon the type of advisory account established, CW uses the following
methods for purposes of determining the market value of the assets upon which the
advisory fee is based: 1) an average of the daily balance in the client's account throughout
the billing period or 2) the account balance on the last day of the quarter if billed quarterly
or the account balance on the last day of the month if billed monthly.

Selection of Other Advisers Fees

CW will receive a portion of the fee paid to the third party adviser. This relationship will
be memorialized in each contract between CW and each third-party adviser. Fees for this
service range from 0.5% - 1.65% per year. Specifically, CW may direct clients to
Morningstar Investment Services, Inc. and Brinker Capital, Inc. These fees are negotiable.
Total fees charged by both parties collectively will not exceed 1.65% of assets under
management per year. 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 CW. Please see Item 5C and
Item 12 below.

Pension Consulting Services Fees

The rate for pension consulting services is between .30% - .80% of the plan assets for which
CW is providing such consulting services. These fees are negotiable.

Financial Planning Fees

The annual negotiated fixed rate for creating client financial plans is between $1,200 and
$10,000. Clients may terminate the agreement without penalty for a full refund of CW's
fees within five business days of signing the Financial Planning Agreement. Thereafter,
clients may terminate the Financial Planning Agreement generally upon written notice.
CW will issue a full refund within 10 days after delivery of the financial plan should
clients not be satisfied with the plan delivered.

B. Payment of Fees

Payment of Asset-Based Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are typically paid in advance;
however, fees may be paid arrears depending upon the type of advisory account
established.

Payment of Selection of Other Advisers Fees

The frequency of which fees are paid will be dependent upon the third party adviser
chosen. Fees are typically paid monthly or quarterly in advance; however, fees may be
paid arrears depending upon the type of advisory account established.

Fees for selection of Morningstar Investment Services, Inc. as third-party adviser are
withdrawn directly from the client's accounts with client's written authorization.

Fees for selection of Brinker Capital, Inc. as third-party adviser are withdrawn directly
from the client's accounts with client's written authorization.

Payment of Pension Consulting Services Fees

Pension consulting fees are withdrawn directly from the client’s accounts with client’s
written authorization or may be invoiced and billed directly to the client and clients may
select the method in which they are billed. Fees are paid quarterly in advance or arrears.

Payment of Financial Planning Fees

Financial planning fees are generally paid by electronic payment (credit card, debit card ,
ACH) or a check to CW. For monthly fees, CW utilizes a third-party payment solution
(AdvicePay) in which the client securely inputs payment information through it secure

portal. CW does not have access to the client’s banking or card information. Fixed
financial planning fees are paid 100% in advance, but never more than six months in
advance.

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 CW. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

Typically, CW collects fees in advance. Refunds for fees paid in advance will be returned
within fourteen days to the client via check, or return deposit back into the client’s
account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
the fees collected in advance minus the daily rate* times the number of days elapsed in
the billing period up to and including the day of termination. (*The daily rate is calculated
by dividing the annual asset-based fee rate by 365.)

Fixed fees that are collected in advance will be refunded based on the prorated amount of
work completed at the point of termination.

E. Outside Compensation For the Sale of Securities to Clients

Certain supervised persons of the firm have outside business activities (see Item 10 below)
and are licensed to accept compensation for the sale of investment products (insurance
products) to CW clients. This presents a conflict of interest and gives the supervised
...

Item 7: Types of Clients

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

           ❖ Individuals & Families
           ❖ High-Net-Worth Individuals & Families

There is an account minimum of $500,000 for portfolio management. The account minimum may
be waived by CW in its discretion.