Conservative Wealth Management LLC

ITEM 5: FEES AND COMPENSATION
Compensation for Our Advisory Services

The maximum annual fee charged for this service will not exceed 0.88%, depending on the
scope and complexity of the portfolio. Fees to be assessed will be outlined in the advisory
agreement to be signed by the client. Annualized fees are billed on a pro-rata basis quarterly
in arrears based on the time-weighted daily average of the account(s) during the previous
quarter. Unless otherwise indicated in writing, our firm will bill on cash. Fees are negotiable
and will be deducted from client account(s). As part of this process, clients understand the
following:

    a) The client’s independent custodian sends statements at least quarterly showing the
       market values for each security included in the assets and all account disbursements,
       including the amount of the advisory fees paid to our firm;
    b) Clients will provide authorization permitting our firm to be directly paid by these
       terms. Our firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to the client, it will include a disclosure urging
       the comparison of information provided in our statement with those from the
       qualified custodian.

Other Types of Fees & Expenses

Clients will incur transaction charges for trades executed in their accounts. These
transaction fees are separate from our fees and will be disclosed by the firm through which
trades are executed. Our firm’s recommended custodian, Fidelity, eliminated transaction
fees for U.S. listed equities and exchange traded funds for clients who opt into electronic
delivery of statements or maintain at least $1 million in assets at Fidelity. Clients who do not
meet either criteria will be subject to transaction fees charged by Fidelity for U.S. listed
equities and exchange traded funds. Also, clients will pay the following separately incurred
expenses, of which we do not receive any part: charges imposed directly by a mutual fund,
index fund, or exchange-traded fund which shall be disclosed in the fund’s prospectus (i.e.,
fund management fees and other fund expenses).

Termination & Refunds

We charge our advisory fees quarterly in arrears. Either party may terminate the agreement
at any time by providing written notice to the other party. You will incur charges for bona

ADV Part 2A – Firm Brochure                 Page 5                   Conservative Wealth Management, LLC

fide advisory services rendered to the point of termination and such fees will be due and
payable by the client. Refunds will be given on a pro-rata basis.

Commissionable Securities Sales

We do not sell securities for a commission. To sell securities for a commission, we would
need to have our associated persons registered with a broker-dealer. We have chosen not to
do so.

ITEM 7: TYPES OF CLIENTS AND ACCOUNT REQUIREMENTS
We have the following types of clients:
  • Individuals and High Net Worth Individuals;
  • Trusts, Estates or Charitable Organizations; and
  • Corporations, limited liability companies and/or other business types.

We do not require a minimum account balance for our Asset Management service. However,
most new client relationships should involve a total of at least $10 million dollars in
investable assets.

Clients who opt into electronic delivery of statements or maintain at least $1 million in assets
at Fidelity will not be charged transaction fees for U.S. listed equities and exchange traded
funds.