Contango Wealth Management LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management             Annual Fees
        $0 - $500,000                             1.25%

        $500,001 - $1,000,000                     1.00%

        $1,000,001 - $2,000,000                   0.90%

        $2,000,001 - $4,000,000                   0.85%

        $4,000,001 – AND UP                       0.80%

CWM uses an average of the daily balance in the client's account throughout the billing
period, after taking into account deposits and withdrawals, for purposes of determining
the market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of CWM's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 30 days' written notice.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $750 and $5,000.

Hourly Fees

The negotiated hourly fee for these services is between $250 and $325.

       Clients may terminate the agreement without penalty, for full refund of CWM’s fees,
       within five business days of signing the Financial Planning Agreement. Thereafter, clients
       may terminate the Financial Planning Agreement generally upon written notice.

       B. Payment of Fees

       Payment of Portfolio Management Fees

       Asset-based portfolio management fees are withdrawn directly from the client's accounts
       with client's written authorization on a monthly basis. Fees are paid in arrears. Under
       certain circumstances, fees may be invoiced and billed directly to the client.

       Payment of Financial Planning Fees

       Financial planning fees are paid via check and wire.

       Fixed financial planning fees are paid in arrears upon completion.

       Hourly financial planning fees are paid in arrears upon completion.

       C. Client Responsibility For Third Party Fees

       Clients are responsible for the payment of all third party fees (i.e. custodian fees,
       brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
       distinct from the fees and expenses charged by CWM. Please see Item 12 of this brochure
       regarding broker-dealer/custodian.

       D. Prepayment of Fees

       CWM collects its fees in arrears. It does not collect fees in advance.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither CWM nor its supervised persons accept any compensation for the sale of
       securities or other investment products, including asset-based sales charges or service fees
       from the sale of mutual funds.

Item 7: Types of Clients

CWM generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals

There is no account minimum for any of CWM’s services.