Commonwealth Financial Planners Inc

Item 5 - FEES AND COMPENSATION
Upon the mutual agreement of CWFP and its client, an advisory agreement is executed by CWFP and its
investment advisory client. The investment advisory client compensates CWFP for investment advisory
services on an annual fee basis. The advisory fee is payable in advance, at the end of each quarter. Client
receives statements, at least quarterly, from RJFS that will reflect the advisory fee paid to CWFP. Client
should verify the accuracy of fees paid.

Annuities that were charged a commission are not included as billable assets in the calculations of advisory
fees for advisory clients, however certain eligible variable annuities that were not charged a commission
will be considered for inclusion in the account value on which the advisory fee is assessed.

Clients may terminate the advisory agreement at any time by written notice. There is no penalty for
terminating your agreement. If the advisory relationship terminates on a date other than the end of the
specified billing period, fees are prorated and an adjustment is made; any prepaid fees are refunded to the
client. Closing an account does not affect the client’s or CWFP’s responsibilities for previously initiated
transactions or for balances due in the account.

Investment Advisory Clients - Ambassador

CWFP offers the Ambassador Program to its clients. The Ambassador program is a wrap fee investment
advisory account offered and administered by Raymond James & Associates ("RJA"). The Asset
Management Services (“AMS”) division of RJA provides a variety of support services to the various wrap-
fee programs including, but not limited to fee-billing, model portfolio implementation, portfolio management,
due diligence, and financial advisor support. CWFP does not sponsor or serve as a portfolio manager to a
wrap fee program. CWFP will manage your account on a nondiscretionary basis according to your objective.
Ambassador offers you the ability to pay an asset-based advisory fee which includes transaction costs
within the advisory fee, in lieu of a commission for each investment transaction within the account. CWFP
receives a portion of the fee. This type of account can be utilized to buy, sell or otherwise trade stocks,
bonds, mutual funds (at net asset value), exchange traded funds, options and preferred stocks. There are
no transaction charges in Ambassador accounts. For further information, refer to the RJA Wrap Fee
Program Brochure.

Asset-based Fee Schedule

The minimum investment is $25,000 for Ambassador accounts.

The annual asset-based fee is paid quarterly in advance. When an account is opened, the asset-based fee
is billed for the remainder of the current billing period and is based on the initial contribution. Thereafter,
the quarterly asset-based fee is paid in advance, is based on the account asset value on the last business
day of the previous calendar quarter and becomes due the following business day. Client authorizes and
directs RJA as Custodian to deduct asset-based fees from the Client's account. Client understands that the
brokerage statement will show the amount of the asset-based fee. We may make accommodation
according to our billing procedures based on your specific request, from time to time under limited
circumstances, subject to our sole discretion.

Special Billing Procedure for Deposits or Withdrawals of $100,000 or More:

In the first two months of the quarter, we will:

(i) Assess the Fee based on the billable capital addition amount on the date of deposit for the pro rata
number of days remaining in the quarter, or

(ii) Refund the prepaid Fee based on the Account Value on the date of withdrawal of billable cash or
securities for the pro rata number of days remaining in the quarter.

During the last month of the quarter, no additional Fees or adjustments to previously assessed Fees will be
made in connection with deposits or withdrawals that occur during the last month of the quarter unless at
your request, subject to approval by AMS.

For mutual funds that provide RJFS with a 12b-1 fee, that fee is credited to the client account as a fee offset.
Such mutual fund related fees are paid only when provided in the mutual fund's prospectus. As a registered
representative of RJFS, our IARs do not receive any part of these payments. Mutual funds may, from time
to time, direct trades through RJFS as consideration for the broker/dealer processing mutual fund
transactions for you. You may also incur charges for other account services provided by RJA not directly
related to the execution and clearing of transactions. These include: IRA custodial fees, safekeeping fees,
interest charges on margin loans, and fees for legal or courtesy transfers of securities.

The annual advisory fees charged in the Ambassador programs are in addition to the management fees
and operating expenses charged by open-end, closed-end and/or exchange traded funds. If you intend to
hold fund shares for an extended period of time, it may be less expensive for you to purchase fund shares
outside of these programs. You may be able to purchase mutual funds directly from the respective fund
families without incurring our advisory fee.

Shares of certain mutual funds offered in these programs may impose short-term trading charges (typically
1% - 2% of the amount originally invested) for redemptions made within a short period of time. These short-
term charges are imposed by the mutual funds (and not RJFS or AWM) to deter "market timers" who trade
actively in the fund's shares. These charges, operating expenses and management fees may increase the
overall cost to the client by 1%-2% (or more) and are detailed in each fund's prospectus.

Administrative-only Assets

Certain securities may be held in your Ambassador account and designated "Administrative-Only
Investments". There are two primary categories of Administrative-Only Investments: Client-designated and
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Item 7 - TYPES OF CLIENTS
CWFP serves two types of clients: investment advisory account clients and financial planning clients.

CWFP provides investment advisory services to individuals, pension and profit sharing plans, corporations,
and small businesses. The minimum relationship size for opening and maintaining an investment advisory
account with CWFP is $500,000; however, CWFP has the discretion to revise its minimum based on the
prospective client's situation.

Financial Planning clients may only want financial planning advice regarding retirement and/or education
funding, estate planning, insurance needs or cash flow analysis. An hourly fee is charged for this kind of
service and the client is billed upon completion. The rate for this service is currently $175 an hour. After
the financial plan is completed, clients have the option to purchase any investment products recommended
through their own broker or agent who is not affiliated with CWFP.