Familywealth Asset Management

Item 5 – Fees and Compensation

We provide our services for a fee. Our fee approach is generally to charge a percentage of assets in the
account, as explained below. Our Client investment management contract addresses the fees, how they
are charged and their frequency. Some clients’ advisory agreements currently contemplate a trading fee
of 2.5 basis points. However, we do not implement trading fees in our current advisory agreements and
any clients with advisory agreements containing a trading fee are in the process of agreeing to new
advisory agreements.

You may authorize the custodian to directly debit fees from your account held at the custodian and to pay
us.

Your agreement with us may be terminated by either party at any time upon written notice pursuant to
the provisions of your agreement with us. There is no penalty for terminating your account and
agreement.

Upon termination, you will receive a refund for the portion of the prepaid management fees which have
not been earned by us. Any fees that are due, but have not been paid, will be billed to you and are due
immediately.

Although we do not make any representation that the products and services offered by us are offered at
the lowest available cost, we strive to provide products and strategies that we think are in your best
interest. If you feel that situations exist where we can achieve a better investment strategy and asset
allocation at a cheaper price, we encourage you to discuss such matters with us. If you are unsure about
such alternatives, you are equally encouraged to constructively challenge your IAR to explain how his/her
recommendations and asset management decisions are in your best interest, and explain whether, based
upon the research of the IAR, any cheaper options are available that could achieve the same result in
terms of the risk/reward relationship determined to be most appropriate for you . You may be able to
obtain the same products or services at a lower cost from other providers, but we think our fees are
competitive considering our services.

    1. Asset Management Fee Schedule

We generally impose a minimum dollar amount of $500,000 of assets for institutional accounts, although
smaller accounts may be accepted. Retail accounts do not have a minimum. The fee charged is based
upon the amount of money you invest. No increase in the annual fee shall be effective without prior
written notification to you. We believe our advisory fee is reasonable considering the fees charged by
other Registered Investment Advisers offering similar services/programs. Management fees are prorated
for each contribution and withdrawal made during the applicable calendar quarter (except for small
inconsequential contributions and withdrawals). You will be provided with a quarterly statement
reflecting deduction of the advisory fees. Additionally, note that Client accounts may be aggregated (i.e.,
“householded”) for purposes of fee billing.

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Payments are due and will be assessed on the last day of each quarter, based on the ending balance of
the account under management for the preceding quarter and are calculated according to the following
Retail and Institutional Schedules. In some cases, we may bill client accounts monthly in arrears due to
the policies of a particular custodian.

Retail Fee Schedule

Retail Clients are charged a 1.45% fee.

Institutional Fee Schedule

                                  Percentage            Portfolio Size (AUM)
                                    0.80%             $500,000 - $1,000,000
                                    0.70%             $1,000,000 - $2,000,000
                                    0.65%             $2,000,000 - $5,000,000
                                    0.60%             $5,000,000 - $10,000,000

FamilyWealth Platform Fees

In addition to the fees shown above, the Client will pay the following Platform fees:

                                                  Asset Based Fees:2

                                 First $500,000 .................30bps (0.30%)
                                 Next $500,000 ................. 25bps (0.25%)
                                 Next $1,000,000 ..............20bps (0.20%)
                                 Next $1,000,000 ..............15bps (0.15%)
                                 Next $1,000,000 ..............10bps (0.10%)
                                 Assets Over $4,000,000…… 5bps (0.05%)

Note that FWAM will receive the Platform Fee for certain portfolio management services rendered to
Clients through the FWAM TAMP.

    2. Separate Account Manager Fees

 If applicable, the asset based FamilyWealth Platform fee is included in the 1.45% fee, which is split between the
Platform or the Manager and FWA.

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An additional 10bps (0.10%) to 35bps (0.35%) asset management fee applies for asset managers of
strategies and portfolios in the Managed Account Solutions Platform, depending on, manager selected.
Fees do not include expense ratios of underlying investments, which may include, but are not limited to,
Mutual Funds, ETFs, UMA fees, outside advisor fees or brokerage fees.

We retain the right to negotiate the fee structure on a per Client basis.

    3. Financial Advisor Fee on Non-Managed Assets

Additionally, as may be negotiated between the Client and the IAR or Solicitor through its financial advisor,
a Financial Advisor Fee may be payable to Solicitor or IARs on “non-managed” assets. “Non-managed”
assets are assets custodied at a custodian that has a trading relationship with the Client or FamilyWealth™,
but for which the Adviser provides no investment management services, including but not limited to
certain ERISA covered services or the FamilyWealth™ platform services. If payment of a Financial Advisor
Fee on non-managed” assets is agreed upon, the adviser shall arrange that the custodian with which the
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Item 7 – Types of Clients

We provide portfolio management services to individuals, high net worth individuals, trusts, estates,
corporate pension and profit-sharing plans, charitable organizations, trusts, foundations, endowments,
corporations, trusts, small businesses and churches.

For institutions, our minimum account opening balance is $500,000.00, which may be negotiable based
upon certain circumstances. For individuals, we have no minimum account opening balance.

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