Convergence Financial LLC

Item 5 – Fees and Compensation

Investment Management Advisory Fees
Fees are negotiable. The specific manner in which fees are charged by the firm is established in the client’s
written agreement. All clients enter into an Investment Management Agreement with the Adviser for
investment management advisory services. We charge an ongoing annual fee (sometimes referred to as
an asset-based fee) for investment management services. This fee is a percentage of the value of your
account. You pay this fee even if you don’t buy or sell investments.

Investment management fees are paid as established in the client’s written agreement and may be paid
quarterly and/or monthly in advance pursuant to the terms of the investment management agreement.
All Clients are charged an investment advisory program fee (“Program fee”) for the initial and ongoing
analysis of Client’s Account investment needs and objectives, periodic consultations; portfolio

construction and asset allocation; trading; rebalancing and account monitoring; account reviews, market
updates, and other client communications.

The Program fee is based on the market value of assets under management at the end of the prior
calendar quarterly and/or monthly cycle. The Program fee is negotiable based on the scope and
complexity of Client’s account. The Program fee typically does not exceed an annualized rate of 1.5%. The
specific manner in which the Program fee is charged by the firm is established in the Client’s written
agreement. We and our investment advisors receive a portion of the Program fee.

Householding of Accounts for Fee Calculation

Clients may elect, or we may recommend, to aggregate (or "household") the value of multiple related
accounts for purposes of calculating the Program fee. Accounts that are householded may include those
of family members, related persons, or entities sharing a common interest, as agreed upon and
documented in the Client's written agreement.

When accounts are householded, the total assets under management across all accounts in the household
are aggregated to determine the applicable fee rate under a tiered or bespoke fee schedule established
in the Client's written agreement. The resulting fee rate is then applied to each account within the
household on a pro rata basis. As a result, each householded account pays the same fee rate, regardless
of that individual account's value, and an account may pay a rate that is higher or lower than the rate it
would pay if it were assessed on a standalone, account-by-account basis.

Because aggregating account values generally results in a lower blended fee rate as total household assets
increase, householding may reduce the overall fees paid across the household. However, the impact on
any individual account will vary: a smaller account within a household may pay a lower effective rate than
it would on a standalone basis, while a larger account may pay a higher effective rate than it would
standalone. Householding is voluntary and the specific accounts included, the applicable fee schedule,
and the resulting rate are established in the Client's written agreement.

Our ability to determine which accounts are eligible for householding, whether to household accounts,
and how a household is composed presents a conflict of interest, because these decisions affect the
advisory fees we and our investment advisors receive. For example, we may have a financial incentive to
compose or decline to compose a household in a manner that results in higher overall fees, or to include
or exclude particular accounts to influence the fee rate applied. We address this conflict through the
following measures: householding arrangements and the resulting fee schedule are documented in and
governed by each Client's written agreement; we disclose this conflict to you in advance; and we have
adopted policies and procedures, supervisory review, and periodic monitoring designed to ensure that
householding determinations and the fees charged are consistent with our fiduciary duty and each Client's
best interests. We do not benefit from householding in any manner not described in this Brochure and
your written agreement. Please ask us any questions regarding how your fees are calculated and the
compensation we receive.

Platform Fees

Certain Clients enter into Account agreements which include additional platform fees which are paid by
the Client, as applicable. Certain Clients enter into Account agreements which include platform fees which
are paid to us by the investment advisor. Clients with Account agreements which paid by the Client are
charged a Platform fee (“Platform fee”) in addition to the Program fee. The Platform fee is charged for
the support and maintenance of Client’s account on the advisory platform, such as centralized trading
tools in support of Client’s investment strategy. The specific manner in which the Platform fee is charged
by the firm is established in the Client’s written agreement. We earn platform fees, whether they are paid
by the investment advisor or the Client. This is a conflict of interest as it creates an incentive for us to
encourage you to enter into Account agreements which include platform fees and for the investment
advisor to encourage you to enter into Account agreements which include platform fees which are paid
by the Client, rather than the investment advisor. This conflict of interest is mitigated in that we and our
investment advisors may only recommend investment services that we believe are in a client’s best
interests. Please ask any questions regarding the compensation received. Investment advisors do not
receive any portion of the Platform fee.

Investment management fees are deducted from the Client’s account(s) by the qualified Custodian and
are debited from the account and/or paid directly depending on the custodian. Clients will be provided
...

Item 7 – Types of Clients

The firm offers investment advisory services primarily to individuals and families, high net worth
individuals and business entities, trusts, estates, and charitable organizations, but services are available
to other types of clients as the opportunity may arise. The number of each type of Client is provided on
Form ADV Part 1A. These amounts change over time and are updated at least annually.