Concordia Wealth Management LLC

Item 5: Fees and Compensation

Advisory fees
Concordia Wealth Management, LLC charges fees which are dependent on the type of service
being offered to the client.

Compensation - Financial Planning Services
Concordia anticipates what it believes a typical financial planning exercise will entail and details
its fee structure in a financial planning agreement typically as a flat fee. Fees are typically paid
upon completion for basic financial plans or may require a deposit and milestone-based
payments for more complex plans. In the event that the client’s situation dictates further
investigation or planning beyond that discussed at the initial client meeting, a revision to the
fee may be necessary, but would be discussed with the client prior to a change in work being
performed.

Compensation - Investment Advisory Services
The annual fee for both discretionary and non-discretionary investment advisory services is
typically charged as a percentage, ranging between 0.30% to 1.0% of the average daily value of
investable assets under management when available; or of the month-end balances where our
portfolio management system does not receive a direct feed from the custodian; or as a flat fee
as detailed in the investment advisory agreement signed between Concordia and the client.
Fees are charged quarterly and paid in arrears. The fee percentage charged fluctuates based on
the size of the account, the types of investments to be made, frequency of transactions and/or
the services to be provided.

The client or Concordia may terminate an investment advisory agreement by written notice to
the other party, generally requiring a sixty-day notice. At termination, fees will be calculated on
a pro-rated basis for periods less than a full billing cycle (based upon the number of calendar
days in the quarter the agreement was in effect, including any required notice period.)

Compensation - Family Office Services
The annual family office services fee is a flat fee more fully detailed in the family office services
agreement signed between Concordia and the client. Family office service fees charged are
dependent on the scope and level of family office services provided. Fees may be charged
monthly or quarterly and paid in arrears.

The client or Concordia may terminate a family office services agreement by written notice to
the other party. At termination, fees will be calculated in accordance with the termination
provisions contained within the family office services agreement.

Fee Billing and Payment
Fees for investment advisory services are invoiced quarterly and family office services are
invoiced monthly or quarterly and paid in arrears. Clients either sign standing letters of

authorization with a specific custodian or sign wire instructions authorizing the custodian to
deduct Concordia’s fees from a designated account. A custodian, with a client’s pre-approval,
may pay fees as invoiced and presented by Concordia pursuant to Concordia’s fee schedule and
investment advisory agreement.

Termination of Agreement
A client or Concordia may terminate any of the aforementioned agreements at any time by
notifying the other party in writing and paying the agreed upon fee detailed in the particular
agreement signed between Concordia and the client. At termination, investment advisory
service will be billed on a pro-rated basis for periods less than a full billing cycle (based upon
the number of calendar days in the quarter the agreement was in effect, including any required
notice period.) A family office services agreement may be terminated by written notice to the
other party. At termination, fees will be calculated in accordance with the termination
provisions contained within the family office services agreement.

Concordia reserves the right to terminate any engagement where a client has willfully
concealed or has refused to provide pertinent information about financial situations when
necessary and appropriate, in Concordia’s judgment, to providing proper financial advice.

Other Compensation
Neither Concordia nor any of its supervised persons (employees) accept compensation for the
sale of securities or other investment products.

Cash Balances
Some of your assets may be held as cash and remain uninvested. Holding a portion of your
assets in cash and cash alternatives, i.e., money market fund shares, may be based on your
desire to have an allocation to cash as an asset class, to support a phased market entrance
strategy, to facilitate transaction execution, to have available funds for withdrawal needs or to
pay fees or to provide for asset protection during periods of volatile market conditions. Your
cash and cash equivalents will be subject to our investment advisory fees unless otherwise
agreed upon. You may experience negative performance on the cash portion of your portfolio if
the investment advisory fees charged are higher than the returns you receive from your cash.

Retirement Plan Rollover Recommendations
As part of our investment advisory services to our clients, we may recommend that clients roll
assets from their employer’s retirement plan, such as a 401(k), 457, or ERISA 403(b) account
(collectively, a “Plan Account”), to an individual retirement account, such as a SIMPLE IRA, SEP
IRA, Traditional IRA, or Roth IRA (collectively, an “IRA Account”) that we will advise on the
client’s behalf. We may also recommend rollovers from IRA Accounts to Plan Accounts, from
Plan Accounts to Plan Accounts, and from IRA Accounts to IRA Accounts.

If the client elects to roll the assets to an IRA that is subject to our advisement, we will charge
the client an asset-based fee as set forth in the advisory agreement the client executed with our
firm. This creates a conflict of interest because it creates a financial incentive for our firm to

recommend the rollover to the client (i.e., receipt of additional fee-based compensation).
...

Types of Clients
As described in Item 4, Concordia provides investment advice to individuals, high net worth
individuals, corporations and trusts.

Client relationships vary in scope and length of service.

Account Minimums
We have no minimum account size.