Colton Wealth Management

Fees and Compensation
Description
    CWM bases its fees on a percentage of assets under management.
    Fees are negotiable.

Compensation to CWM for Financial Planning & Investment Management
Services
    Financial planning and investment management clients pay CWM a 1.00%
    annual fee for its financial planning and investment management services,
    based on the fair market value of the entire account balance of assets in the
    client's managed account, as valued by the Custodian. Financial planning
    fees are not billed separately but are part of the investment management fee.
    These fees are paid quarterly in advance at the rate of one quarter of the
    annual rate. Initial charges will be pro-rated for the current quarter. This fee
    may be negotiable based upon a client’s particular facts and circumstances.
    Family and friends may pay different rates.

    Additional assets deposited into client's accounts after it is opened may be
    charged a pro-rata fee based upon the number of days remaining in the
    current calendar quarter. No fee adjustments will be made for partial
    withdrawals.
    At any specific point in time, depending upon current, perceived, or
    anticipated market conditions/events (there being no guarantee that
    anticipated market conditions/event will occur), CWM may maintain cash
    positions. All cash positions (money market, etc.) shall be included as part of
    assets under management for purposes of calculating CWM’s management
    fee. CWM may choose to waive the fee on cash positions depending on each
    client’s individual situation.

Fee Billing
    Financial planning and investment management fees are billed quarterly, in
    advance, meaning that we invoice you before the three-month billing period
    has ended. CWM financial planning and investment management fees will be
    withdrawn directly from the client's account held by an independent custodian.
    The client must consent in advance to direct debiting of their investment
    account. The custodian of the account is advised in writing of the limitation
    on CWM's access to the account. The custodian will also send a statement
    directly to the client, at least quarterly, indicating all the amounts disbursed
    from the account including financial planning and investment management
    fees paid to CWM.

Other Fees
    Clients are responsible for the transaction costs to acquire the recommended
    securities. Such charges are normally the institutional commission rates from
    clearing firms such as National Financial Services, LLC and Fidelity
    Brokerage Services, LLC (collectively, and together with all affiliates,
    "Fidelity"). These transaction charges are usually small and incidental to the
    purchase or sale of a security.
    CWM receives no fees or commissions for securities trades in client
    accounts. CWM receives no commissions on DFA funds, or any other funds
    purchased through its services. CWM receives no compensation from DFA
    and is not under any contractual agreement with DFA.
    As clients are under no obligation to act upon CWM’s recommendations
    regarding any financial advice that the client may receive, a client could invest
    in mutual funds and other securities directly, without the services of CWM. In
    that case, the client would not receive the services provided by CWM which

    are designed, among other things, to assist the client in determining which
    mutual funds or securities are most appropriate to each client's financial
    condition and objectives. DFA funds also may not be available to the retail
    client directly.
    CWM, in its sole discretion, may charge a lesser investment management 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,
    negotiations with clients, etc.).

Expense Ratios
    All fees paid to CWM for investment management services are separate and
    distinct from the fees and expenses charged by mutual funds and ETFs to
    their shareholders. These fees and expenses are described in each fund's
    prospectus. 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 0.5% annually for their services. These fees are in
    addition to the fees paid by you to CWM. Accordingly, the client should
    review both the fees charged by the funds and the fees charged by CWM to
    fully understand the total amount of fees to be paid by the client and to
    thereby evaluate the investment management services being provided.
    Performance figures quoted by mutual fund companies in various publications
    are 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 and investment advisory 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.

Types of Clients
   Description
       CWM generally provides investment advice to individuals, high net worth
       individuals, and pension and profit sharing plans and trusts.
       Client relationships may vary in scope and length of service.

   Account Minimums
       CWM does not generally require an annual minimum fee or asset level for
       investment management services, but a minimum fee arrangement may be
       agreed to by CWM and client on a negotiated case-by-case basis.

Methods of Analysis, Investment Strategies and Risk of Loss