Empower Financial Advisory LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
agreements with the Advisor based on the services selected.

A. Fees for Advisory Services
Investment Management Services
Investment management fees are paid quarterly, advance of each calendar quarter, pursuant to the terms of the
investment management agreement. Investment management fees are based on the market value of assets under
management at the end of the prior calendar quarter. Investment management fees range from 0.25% to 1.50%
annually. Fees may be based on the following schedule or a fixed rate up to 1.50%.

                              Assets Under Management ($)                 Annual Rate (%)
                              First $400,000                                  1.25%
                              Next $600,000 (Up to $1,000,000)                1.00%
                              Next $1,500,000 (Up to $2,500,000)              0.80%
                              Next $2,500,000 (Up to $5,000,000)              0.60%
                              Next $5,000,000 (Up to $10,000,000)             0.50%
                              Over $10,000,000                                0.25%

The investment management fee in the first quarter of service is prorated from the inception date of the account[s] to
the end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. Certain Clients may have a
fixed rate schedule. The Client’s fees will take into consideration the aggregate assets under management with the
Advisor. All securities held in accounts managed by Empower Financial will be independently valued by the
Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

For assets managed through a third-party platform, the Client is not charged any additional platform fees. The Advisor
bears the cost of the platform in order to service these Client assets. Advisory fees apply to assets accessed and
managed through the platform as part of the Client’s assets under management, as disclosed above.

Financial Planning Services
Empower Financial offers financial planning services as project-based engagements and ongoing financial planning
services. Project-based financial planning engagements are offered at an hourly rate of up to $300 per hour or a fixed
                                              Empower Financial Advisory, LLC
                                        655 Winding Brook Drive, Glastonbury, CT 06033
                                       Phone: 860-494-2600 | https://www.empowerfa.com

engagement fee ranging from $1,500 to $20,000 per engagement. Ongoing financial planning engagements are billed
a fixed engagement fee of $1,500 to $20,000 annually. Fees may be negotiable based on the nature and complexity
of the services to be provided and the overall relationship with the Advisor. An estimate for total hours and/or costs will
be determined prior to engaging for these services.

B. Fee Billing
Investment Management Services
Investment management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s]
at the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with Empower Financial at the end of
the prior quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction
of the investment management fee. Clients are urged to also review and compare the statement provided by the
Advisor to the brokerage statement from the Custodian, as the Custodian does not perform a verification of fees.
Clients provide written authorization permitting advisory fees to be deducted by Empower Financial to be paid directly
from their account[s] held by the Custodian as part of the investment management agreement and separate account
forms provided by the Custodian.

Financial Planning Services
Project-based financial planning fees may be invoiced up to 100% of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s]. The
Advisor will only charge an advance fee for project-based engagements expected to be completed in less than six (6)
months. Ongoing financial planning engagements are billed with an advance fee for the completion of the financial
plan and then an ongoing financial planning fee, which may be billed quarterly, semi-annually or annually. The Advisor
will not collect an advance for services that will not be completed in less than six (6) months. In such instances where
services will exceed this timeframe, the Advisor will bill as the project progresses.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Empower Financial, in connection
with investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge
securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the
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Item 7 – Types of Clients

Empower Financial offers wealth management services to individuals, high net worth individuals, trusts, estates,
and small businesses. Empower Financial generally does not impose a minimum relationship size.