Cole Wealth Management LLC

Item 5: Fees and Compensation
Description
CWM bases its fees on a percentage of assets under management, hourly
charges and fixed fees (not including subscription fees). CWM also receives
compensation through commissions on fixed annuity and life insurance sales.
Financial plans are priced according to the degree of complexity associated with
the client’s situation.
Fees are negotiable.

Fee Billing
Investment management fees are billed monthly, in advance, meaning that we
invoice you before the monthly billing period has begun. Payment in full is
expected upon invoice presentation. Fees are usually deducted from a
designated client account to facilitate billing. The client must consent in advance
to direct debiting of their investment account.
Fees for financial plans are billed upon delivery of the plan.

Other Fees
Custodians may charge transaction fees on purchases or sales of securities,
certain mutual funds and exchange-traded funds. These transaction charges are
usually small and incidental to the purchase or sale of a security. The selection
of the security is typically more important than the nominal fee that the custodian
charges to buy or sell the security.
CWM, in its sole discretion, may waive its minimum fee and/or charge a lesser
investment advisory fee based upon certain criteria (e.g., historical relationship,
type of assets, anticipated future earning capacity, anticipated future additional
assets, dollar amounts of assets to be managed, related accounts, account
composition, referrals, negotiations with clients, family relatives, etc.).
New Advisory Service Agreement fees are calculated based on the complexity of
individual situations. The calculation is based on gross income, gross assets and
other financial considerations.

Expense Ratios
Mutual funds generally charge a management fee for their services as
investment managers. The management fee is called an expense ratio. For
example, an expense ratio of 0.50 means that the mutual fund company charges

                   Cole Wealth Management, LLC_01/02/2024

0.5% annually for their services. These fees are in addition to the fees paid by
you to CWM.
Performance figures quoted by mutual fund companies in various publications
are calculated after their fees have been deducted.

Past Due Accounts and Termination of Agreement
CWM reserves the right to stop work on any account that is more than 30 days
overdue. In addition, CWM reserves the right to terminate any financial planning
engagement where a client has willfully concealed or has refused to provide
pertinent information about financial situations when necessary and appropriate,
in CWM’s judgment, to providing proper financial advice. Any unused portion of
fees collected in advance will be refunded within 30 days.

Item 7: Types of Clients
Description
CWM generally provides investment advice to individuals, pension and profit-
sharing plans, trusts, estates, corporations and other business entities.
Client relationships vary in scope and length of service.

Account Minimums
CWM generally does not accept clients without investment assets of at least
$100,000. However, this minimum is negotiable.
Clients with lower assets under management may pay a higher percentage rate
on their annual fees than the fees paid by clients with greater assets under
management.