Destination Wealth Management

Item 5 – Fees and Compensation
A. Advisory Fees

Destination charges investment advisory fees based on the type of advisory services provided. The specific fees,
billing methodology, and payment terms applicable to each client are set forth in the client's written IAA(s) and
are further detailed below. Although the Firm believes its fees are competitive, clients should be aware that
lower fees for comparable investment advisory services are available from other sources.

Generally, the fee for investment management services is determined based on a client's AUM with the Firm
and are assessed in accordance with the tiered or flat fee schedules set forth in the applicable IAA. However,
advisory fees are negotiable at the sole discretion of the Adviser, and in determining the fees charged, the Firm
may consider factors including, but not limited to, the client's investment objective, trading activity, client special
requests, number of accounts, size of portfolio, and estimated transition time.

Fees for financial planning services are generally charged on an hourly or project-based basis, as set forth in the
applicable IAA or financial planning agreement. For clients who engage the Firm for discretionary investment
management services, financial planning services may be provided on a complimentary basis, as described in

Destination Wealth Management                                                       IARD/CRD No: 110365
Form ADV, Part 2A                                                                   SEC File No.: 801-53077
Disclosure Brochure                                                                 April 2, 2026

the IAA. Financial planning fees may also be waived at the Firm’s discretion.

         1. Investment Management Fees

DWM charges Households an investment management fee that is assessed and billed quarterly in advance. The
advisory fee is calculated as an annualized percentage of AUM, based on the average daily value of the
Household’s managed assets during the preceding calendar quarter, as determined by DWM’s portfolio
accounting system. Fees are calculated and billed in accordance with the tiered fee schedule set forth in each
client’s IAA, which governs the calculation, billing, and payment of advisory fees.

                                   TIERED RATE FEE SCHEDULE
             (A separate advisory fee percentage is applied to each applicable tier of assets)

DWM charges an annualized investment management fee that is calculated using a tiered rate structure, with a
separate fee percentage applied to each portion of a Household’s AUM within the applicable tier.

                ASSET TIER                                 MANAGEMENT FEE (Annualized)
         First $500,000 ($0-$500,000)                               1.15%
         Next $500,000 ($500,000.01 - $1,000,000)                   0.98%
         Next $1m ($1,000,000.01 - $2,000,000)                      0.93%
         Next $1m ($2,000,000.01 - $3,000,000)                      0.88%
         Next $1m ($3,000,000.01 - $4,000,000)                      0.83%
         Next $1m ($4,000,000.01 - $5,000,000)                      0.78%

                                       FLAT RATE FEE SCHEDULE
                      (A single flat rate is applied across all eligible Household portfolios)

Once a Household exceeds $5,000,000 in assets AUM, as measured on the last day of the calendar quarter, the
Household will transition to DWM’s flat‑rate fee schedule. Under this structure, a single annualized management
fee rate is applied to the entire Household AUM, based on the applicable asset tier.

              ASSET TIER                                   MANAGEMENT FEE (Annualized)
         $5,000,000.01 - $10,000,000                                0.75%
         $10,000,000.01 - $15,000,000                               0.70%
         $15,000,000.01 - $20,000,000                               0.65%
         $20,000,000+                                               0.60%

Once a Household qualifies for the flat-rate fee schedule, the Household will generally remain on the flat-rate
schedule even if the Household’s AUM subsequently falls below the applicable threshold due solely to market
fluctuations or investment performance. However, if the Household’s AUM declines below $5,000,000 as a
result of client-directed withdrawals, DWM, in its sole discretion, may elect to transition the Household back to
the standard tiered fee schedule, as set forth in the applicable IAA.

For purposes of fee calculation, AUM generally includes cash balances held in managed accounts, including
accrued dividends and margin balance, as well as other assets managed by DWM pursuant to the IAA. No
increase in an advisory fee rate will be effective without prior written notice to the client. DWM generally
requires a minimum Household portfolio size of $500,000 for discretionary investment management services;
however, DWM may waive this minimum requirement in its sole discretion.

Destination Wealth Management                                                       IARD/CRD No: 110365
Form ADV, Part 2A                                                                   SEC File No.: 801-53077
Disclosure Brochure                                                                 April 2, 2026

As described above, DWM’s investment management fees are assessed and billed quarterly in advance. The
quarterly advisory fee is calculated by applying the applicable annualized fee rate to the average daily value of
the Household’s AUM during the preceding calendar quarter, as determined by DWM’s portfolio accounting
system, and prorating that amount for the number of days in the applicable billing period.

For example, assume a client has $1,000,000 in AUM based on the average daily value of the account during
the fourth quarter (October 1 through December 31) of the prior calendar year. The advisory fee for the first
...

Item 7 – Types of Clients
Destination provides investment advisory services to individuals, high net worth clients, pension plans, profit
sharing plans, trusts, estates, charitable organizations, corporations, and other business entities.

Destination normally requires a minimum account size of $500,000 to establish a new investment management
relationship; however, the minimum can be reduced or waived at the sole discretion of the Firm.

Destination Wealth Management                                                       IARD/CRD No: 110365
Form ADV, Part 2A                                                                   SEC File No.: 801-53077
Disclosure Brochure                                                                 April 2, 2026