Endowment Wealth Management Inc

Item 5 Fees and Compensation
EWM is a fee-only investment adviser and is compensated through fees paid by its clients, including asset-
based advisory fees and, in certain cases, performance-based fees and administrative fees. As described in
this brochure, EWM and its affiliates may also receive certain indirect economic benefits. Fees are primarily
based on a percentage of assets under management (“AUM”), as described below.

EWM generally charges asset-based advisory fees. However, in certain circumstances described below,
EWM and/or its affiliates may receive performance-based compensation in connection with specific
investments. These arrangements are limited to certain private investments and are subject to applicable
regulatory requirements. Clients should carefully review the disclosures below and in Item 6 for a complete
description of these arrangements.

All fees described in this brochure are paid directly or indirectly by clients unless otherwise identified as
an indirect economic benefit.

A. Financial Planning Fees
Financial planning is billed either at a fixed fee or hourly rate of $350, depending on complexity. Total
fees generally range from $1,000 to $3,500.

Fees are due upon delivery of the plan. Clients are not required to implement recommendations through
EWM.

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Endowment Wealth Management, Inc.
Form ADV Part 2 Brochure
March 30, 2026
B. Asset-Based Advisory Fees

Traditional Investments: Taxable and Qualified Accounts
EWM charges the following annual fee based on AUM:

        Assets Under Management (AUM)                    Annual Fee Percentage
        $0-$1.0 million                                  1.00%
        $1.0 million to $2.5 million                     0.90%
        $2.5 million to $5.0 million                     0.80%
        $5.0 million to $7.5 million                     0.70%
        $7.5 million to $10.0 million                    0.60%
        $10.0 million to $20.0 million                   0.50%
        $20.0 million to $30.0 million                   0.40%
        $30.0 million and above                          Negotiable
Alternative Investments (Taxable Accounts)
EWM charges an annual advisory fee of 1.00% on alternative investments.

EWM may charge performance-based fees in connection with certain private investments, including private
equity and venture capital investments. These fees:
     Are typically structured as a percentage of realized profits (generally 10%).
     Are assessed upon a liquidity event (such as a sale, distribution, or transfer of the investment).
     Are calculated on an investment-by-investment basis; and
     Are only charged to clients who meet the definition of a “Qualified Client” under applicable SEC
        rules.

The specific terms, calculation methodology, and timing of such fees are set forth in a written agreement
or addendum executed at the time of the investment.

Qualified Accounts (e.g., IRA, Roth IRA, 401(k))
All assets (traditional and alternative) in qualified accounts are charged using the same AUM-based fee
schedule shown above (see Traditional Investments: Taxable and Qualified Accounts).
EWM does not charge performance-based fees directly to qualified accounts (such as IRAs or 401(k)
accounts). In addition, EWM generally does not recommend or permit qualified accounts to invest in private
investments or affiliated funds that involve performance-based compensation, as such arrangements may
result in prohibited transactions under applicable law.
As a result, clients should not expect to incur performance-based fees, either directly or indirectly, within
qualified accounts.

                                             P a g e 14 | 44

Endowment Wealth Management, Inc.
Form ADV Part 2 Brochure
March 30, 2026
401(k) Plans
Employer-sponsored plans are charged based on the same AUM schedule above (see Traditional
Investments: Taxable and Qualified Accounts). Fees are billed quarterly in arrears through the plan or its
service providers.
Public Charities & Non-Profits
Traditional assets:

        Assets Under Management (AUM)                     Annual Fee Percentage
        $0-$1.0 million                                   0.50%
        $1.0 million to $2.5 million                      0.45%
        $2.5 million to $5.0 million                      0.40%
        $5.0 million to $7.5 million                      0.35%
        $7.5 million to $10.0 million                     0.30%
        $10.0 million to $20.0 million                    0.25%
        $20 million to $30.0 million                      0.20%
Alternative investments: 1.00% annually. Performance fees may apply to certain private equity or venture
capital investments, as described in a written addendum executed at the time of investment. Performance
fees are equal to 10% of profits and are assessed upon a liquidity event or transfer of the investment. All
performance-based fees described above are paid directly by clients or indirectly through their
investments and are not paid by third parties in connection with the sale of investment products.
Private Funds (SPVs)
For private funds sponsored or managed by EWM or its affiliate, Global Alternative Investment
Management LLC (“Global Alts”), EWM and/or its affiliate may receive performance-based compensation
(such as carried interest or incentive allocations).

These fees:
    Are paid at the fund level and are borne indirectly by investors in the fund.
    Are based on the overall performance of the fund.
    Are governed by the terms of the fund’s offering documents; and
    May be in addition to other fees and expenses charged by the fund.
Although EWM does not charge its standard advisory fee on assets invested in these affiliated funds, the
receipt of performance-based compensation by EWM or its affiliates creates a conflict of interest, as
described in Items 10 and 11

C. Standard Billing Practices
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Item 7 Types of Clients
EWM provides investment advisory services to individuals (including non-accredited, accredited, qualified,
and sophisticated investors), pension, and profit-sharing plans, 401(k) plans, trusts, estates, endowments,
foundations, public charities, non-profit organizations, corporations, and other business entities.

EWM also provides advisory services to pooled investment vehicles and private funds.

EWM does not generally impose a minimum account size; however, certain services or investment
strategies may require minimum investment amounts.