CM Wealth Advisors LLC

ITEM 5: FEES AND COMPENSATION
(A) Fees and Compensation for Wealth Management Advisory Services (“WMAS”) Program

CMWA charges its clients an annual fee for participation in its WMAS Program. For this fee, CMWA
provides all the comprehensive wealth management services included as part of the WMAS Program,
including investment advisory services. The WMAS base fee ranges from 0.20% to 1.25% per annum of
assets under management. Under certain circumstances, the fee range may be negotiable or may be set in
whole or in part on a fixed fee basis. CMWA typically aggregates all accounts under management
belonging to family members when calculating the annual WMAS fee.

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 Fees of third-party investment managers used to manage a client’s investment accounts and third-party custody
 fees are charged to the client. In addition, to the extent any client participates in investments through
 partnerships, mutual funds, and pooled investment vehicles– including CMWA Pooled Investment Vehicles –
 the client will bear a share of the fees and expenses paid by the pooled investment vehicles. For certain
 CMWA Pooled Investment Vehicles that charge a management fee, a client may also directly pay a
 management fee to such Vehicle. A description of how CMWA utilizes pooled investment vehicles in
 connection with its investment advisory services is contained in Item 4(C) above.

 (B) Fees and Compensation for Wealth Management and Investment Advisory Services (“WMIAS”)
 Program

 CMWA charges its WMIAS clients an annual fee for participation in its WMIAS Program. For this fee,
 CMWA provides all the comprehensive wealth management services included as part of the WMIAS
 Program, including monitoring and advising of accounts. The WMIAS base fee is negotiable or may be
 set in whole or in part on a fixed fee basis. CMWA generally aggregates all accounts under advisement
 belonging to family members when calculating the annual WMIAS fee.

 (C) Fees and Compensation for Investment Advisory Services (“IAS” or “CIO”) Program

 CMWA charges its Investment Advisory Services clients an annual fee for participation in its investment
 advisory and CIO services programs. That fee ranges from 0.25% to 1.25% per annum of assets under
 management. The fee range may be negotiable or may be set in whole, or in part on a fixed fee basis.
 CMWA generally aggregates all accounts under management belonging to family members when
 calculating its annual investment advisory fees.

 Fees for third-party investment managers and custodians used for an advisory client's accounts are
 charged to the client. As with the WMAS Program, if a client participates in investments through CMWA
 Pooled Investment Vehicles, the client will bear a share of the fees and expenses paid by the CMWA
 Pooled Investment Vehicles. For certain CMWA Pooled Investment Vehicles that charge a management
 fee, a client may also directly pay a management fee to such Vehicle.

 (D) Fees and Compensation for Business Consulting

 The fee range for business consulting is set on a fixed fee basis and is negotiated with the client.

 (E) Billing of Fees

All fees and expenses are billed quarterly, in arrears (unless otherwise specified in the advisory
agreement). The billed fees are generally deducted directly from client accounts after each quarterly
billing; however, clients may elect to pay fees directly after receiving their quarterly billing statement.
Generally, accounts will be billed using the ending net asset values of the last business day of such
calendar quarter, except for initial, and/or final quarterly billing statements, which are pro-rated based on
the initial/final day assets are held under management. Certain other client billing arrangements may be
made on a case-by-case basis at CMWA’s sole discretion. For those clients who are billed in advance, any
payment of fees is subject to a refund in the event of termination of an account prior to the end of a
quarterly billing period for which payment has been made, with the amount of the refund being determined
on a prorated basis.

 (F) Brokerage and Transaction Costs

 See “Item 12: Brokerage Practices” below.

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(G) Other General Information on CMWA Fees and Compensation

CMWA’s sources of revenue are the (i) fees it receives from its clients and (ii) management fees,
performance fees and expense reimbursement payments it receives from CMWA Pooled Investment
Vehicles. Neither CMWA nor any of its employees or the Members receive, directly or indirectly, any
other type of compensation or commission related to the sale of securities or other investment products.
Furthermore, CMWA does not receive any “soft dollar benefits” from any third party in connection with
securities transactions of its clients or pooled investment vehicles.

Under certain circumstances, CMWA fees and account minimums may be negotiable. CMWA may waive
account minimum requirements at CMWA's discretion.

ITEM 7: TYPES OF CLIENTS

Most of CMWA’s clients are high-net-worth individuals. However, the firm also provides services to
trusts, charitable organizations, CMWA Pooled Investment Vehicles (typically formed as limited liability
companies) and other business entities. Among these are CMWA Pooled Investment Vehicles of which
CMWA and the Members are general partners, limited partners, managers, or members.3

CMWA requires that investment advisory clients have a minimum of $5,000,000 of assets under
management with CMWA or of available investable assets. Usually, CMWA requires that WMAS
clients have a minimum of $10,000,000 of assets under management with CMWA or of investable assets.
Under certain circumstances, CMWA may aggregate accounts belonging to family members to meet
these standards. Under certain circumstances, any of CMWA's minimum requirements may be
negotiable or waived at our sole discretion.

  Please refer to the disclosure in Item 11 of this Brochure for information on CMWA's policies and procedures for
instances where either CMWA and/or any Members may have a personal interest in client transactions.
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