Empower Private Wealth

ITEM 5      Fees and Compensation
            ANNUAL FEES FOR ADVISORY SERVICES
            EMPOWER PW is compensated for providing asset management services by charging a fee based on the
            total assets under management. The fees and billing will be pre-determined in writing in the Investment
            Advisory Agreement executed by you and EMPOWER PW.
            The fees charged for financial planning services are negotiable and vary depending on the complexity of
            the process undertaken, the types of issues addressed, the scope of services provided, and the frequency
            with which the services are rendered. All fees are agreed upon before entering into the Financial Planning
            and Consulting Agreement you sign.
            The below ranges are the standard fee ranges that are typically charged.
                                Asset Management Fee Schedule
                                             All Assets                        1.50%

                                          Financial Planning and Consulting Fee Schedule
                                             Fixed Fee                   $2,500– 250,000
                                 On-going Annual Planning Fee             $1,000 -$7,500

EMPOWER PW is compensated for providing client referrals to RIAs. Once a referred client becomes a
client of the RIA, that firm will charge and bill its advisory fee in accordance with its Form ADV Part 2A.
We will receive a fee up to 75% of the client advisory fee paid to RIA (“referral percentage rate”), which
fee shall be due and payable within sixty (60) days after RIA receives the client advisory fee. The referral
fee will be paid for as long as the referred client maintains its relationship with that RIA.

FEE BILLING & PAYMENT
Our asset management fees are annual fees and are negotiable. Asset management fees are paid in
advance, quarterly, bi-annually, or annually at the sole discretion of Empower PW.
Fees may be assessed as a one-time project fee, or as an annual fee payable either quarterly, bi-annually,
or annually. For one-time projects, the Client agrees to pay one half of the total fee upon signing this
Agreement and Schedule and the remaining fee upon delivery of the plan. For ongoing annual planning,
the Client agrees to pay a one-time initial planning fee in addition to an annual fee paid out either
quarterly bi annually, or annually in advance.

TERMINATION OF AGREEMENT
Either party can terminate the agreement by providing 30-day advance written notice. Upon termination
of any account, any prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will
be due and payable up to and including the effective date of termination.
Notwithstanding the above, if we do not deliver the appropriate disclosure statement to you at least 48
hours prior to you entering into any written or oral advisory contract with us, then you have the right to
terminate the contract without penalty within five (5) business days after entering into the contract.

OTHER EXPENSES AND FEES
The fees discussed above include payment solely for the investment advisory services provided by us and
are separate from certain fees or charges that are imposed by third parties in connection with investments
made on your behalf for your account. Third-party fees can include markdowns, markups, commissions,
other transaction costs, and/or custodial fees.
Please refer to Item 12 of this brochure for a more detailed explanation of brokerage practices.

OTHER COMPENSATION
Certain of our associated persons are also licensed, insurance agents. In this capacity, the IARs can
recommend insurance, advisory, or other products and receive normal insurance commissions if products
are purchased through the IAR(s) in this capacity. Thus, a conflict of interest exists between the interests
of these individuals and those of the advisory clients, creating an incentive for the IAR(s) to recommend

         products based on the compensation received rather than on a client’s needs. However, Empower PW
         IARs take a fiduciary approach to insurance recommendations, insurance policy design, and product
         selection. Clients are under no obligation to act upon any of these recommendations. Although our
         recommendations can include products offered by third parties, these recommendations are not limited
         to such products, as all financial planning advice provided is of a generic nature. Empower PW often refers
         clients to third party insurance specialist to help design, process, and implement insurance policies.
         Insurance commissions are typically split between Empower PW and the third parties. Clients have the
         option to purchase insurance products recommended by the IAR through other agents not affiliated with
         our firm. Please refer to Item 10 of this Brochure for a more detailed explanation of how our firm handles
         and mitigates these conflicts of interest.

ITEM 6   Fees and Side-by-Side Management
         We do not charge any performance-based fees. These are fees based on a share of capital gains on or
         capital appreciation of the assets of a client.

ITEM 7   Types of Clients
         We provide our investment advisory services to:
         -   Friends & Family
         -   Direct referrals
         -   Empower PW OBA clients
         -   Qualified Investors
         -   High Net Worth Individuals
         Our minimum account size requirements for opening an account with us are as follows:
         Minimum account size of $100,0000.