CornerStone Wealth Advisors Inc

Item 5: Fees & Compensation
    We are required to describe brokerage, custody fees and fund expenses so you will know how much
    you are charged and by whom for the advisory services we provide. Fees may be negotiable.

    Compensation for Our Advisory Services

    Comprehensive Financial Planning, Advice and Investment Management:

    We charge an asset-based fee ranging from 1.00% on the first $1,000,000 and declining above various
    thresholds to 0.25% on assets over $10,000,000. Some legacy clients may be charged on a higher fee
    schedule. These fees and thresholds are specified in our client Advisory Agreement. Our fees are
    billed quarterly in arrears and are calculated on a pro-rata annualized basis based on the average
    daily value of your portfolio throughout the quarter. Unless otherwise noted in writing, our firm bills
    on cash.

    For clients under the age of forty (40), in lieu of an asset-based fee, we may charge an annual retainer
    fee not exceeding 1.00% of income billed quarterly in arrears. This retainer will not exceed $15,000.

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    Generally, with the exception of some legacy clients, our minimum annual fee is $5,000. Legacy clients
    on a higher fee schedule are exempt from the minimum fee requirement. This fee may be discounted
    if performing these services for relatives of our existing clients.

    In most cases, these fees are automatically deducted from your managed investment accounts that
    we manage. In rare cases, we will agree to directly bill clients so that they may pay by check.
    Accordingly, you understand and acknowledge the following about how we collect advisory fees:
           a) Your 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) You 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, a legend urging the comparison of information
               provided in our statement with those from the qualified custodian will be included.

    Comprehensive Retirement Planning, Advice and Investment Management:

    Fees for this service generally have two components. The first is an annual a fixed dollar amount,
    determined on a case-by-case basis and which increases annually, of $3,000 - $40,000 for the
    Retirement Planning and Advice portion. This is billed quarterly in arrears. The second portion of
    annual the fee is an asset-based fee ranging from 0.40% on the first $1,000,000 and declining above
    various thresholds to 0.10% on assets over $10,000,000. Some legacy clients may be charged on a
    higher fee schedule. These fees and thresholds are specified in our client Advisory Agreement. Our
    fees are billed quarterly in arrears and are calculated on a pro-rata annualized basis based on the
    average daily value of your portfolio throughout the quarter. Our minimum annual total fee for both
    components $5,000. Legacy clients on a higher fee schedule are exempt from the minimum fee
    requirement. Unless otherwise noted in writing, our firm bills on cash. At a client's request, we may
    agree to offer one of these two advisory service components but not the other.

    In most cases, these fees are automatically deducted from your investment managed accounts that
    we manage. In rare cases, we will agree to directly bill clients so that they may pay by check.
    Accordingly, you understand and acknowledge the following about how we collect advisory fees:
           a) Your 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) You 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, a legend urging the comparison of information
               provided in our statement with those from the qualified custodian will be included.

    Other Types of Fees & Expenses

    Ongoing Investment Management clients incur transaction charges for some trades executed in their
    accounts. Transaction fees are separate from our fees and are disclosed by the firm through which
    trades are executed. Charles Schwab & Co., Inc. (“Schwab”) does not charge transaction fees for U.S.
    listed equities and exchange traded funds.

    Clients may also pay holding charges imposed by the chosen custodian for certain investments,
    charges imposed directly by a mutual fund or exchange traded fund, which shall be disclosed in the
    fund’s prospectus (e.g., fund management fees, distribution fees, surrender charges, variable annuity
    fees, IRA and qualified retirement plan fees, mark-ups and mark-downs, spreads paid to market

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    makers, fees for trades executed away from custodian, wire transfer fees and other fees and taxes on
    brokerage accounts and securities transactions). Our firm does not receive a portion of these fees.

    Termination & Refunds

    We bill our advisory fees quarterly in arrears. Accordingly, we do not collect fees in advance for our
    Ongoing Comprehensive Planning, Advice and Wealth Management service or our Retirement
    Planning, Advice and Investment Management service that could become unearned. In the event that
...

Item 7: Types of Clients & Account Requirements
    Our firm typically serves Individuals, High Net Worth Individuals, Trusts, Estates and/or Charitable
    Organizations.

    Our requirements for Comprehensive Financial Planning, Advice and Investment Management and
    Comprehensive Retirement Planning, Advice and Investment Management services are:
       • A minimum fee of $5,000.00 annually ($1,250.00 quarterly) to all clients; this can be assessed
           as a flat fee, based on income, or asset-based fee. Additionally, our firm reserves the ability to
           charge a lower minimum fee for Clients under the age of 40 at our firm’s discretion.
       • There is no minimum asset level or account size to establish an advisory relationship