FAS Wealth Partners Inc

Item 5 – FEES AND COMPENSATION____________________________________ __________

1. General Asset Management:
Fee-based compensation is intended to align our interests with yours. This is because our
compensation increases when the assets we manage for you increase. However, this link
between the asset value of your account and our compensation can create a conflict of interest. If
your account value decreases, so does our compensation. This conflict could give us an incentive
to discourage you from withdrawing money from your account even if it might be in your best
interest to do so. Examples might include using money in your managed account to (1) pay down
debt; (2) purchase a home or car; or (3) travel.
Since we always strive to maintain a high degree of objectivity, our advice is not based on such
incentives. However, the conflict of interests exists, and you must be aware of that fact when you
consider our recommendations. Our goal is our advice to you remains at all times in your best
interest and is unbiased.
The structure and level of our advisory fee will vary by client based upon the level of services
provided and other considerations deemed relevant by FAS, but typically is in the form of a
percentage of assets under management ranging up to 1.50% per annum. However, our fee
sometimes is a mutually agreed upon flat dollar fee charged on either a quarterly or monthly basis.
FAS will apply a minimum quarterly fee, at our discretion and with a client’s approval, ranging up to
$1,250 ($5,000 annually) to manage your account(s). This minimum fee can cause you to
determine the cost of our management to be cost prohibitive, particularly clients with less than
$500,000 of “household assets” under our management. This minimum fee could also cause you
to pay a fee which could be greater than 1.50% per annum, depending upon the level of assets in
your portfolio. FAS, in its sole discretion, can decide to accept a lower minimum fee or no fee and a
lower amount of “household assets.” All fee arrangements are subject to negotiation.
We group together your related accounts, family accounts or corporate accounts for the purpose of
achieving the account and fee minimum requirements. We will, at our discretion, also establish a
“group fee rate” for an affiliated group of individuals or business entities.
The specific manner in which we charge fees to manage your investments is established in your
written Investment Management Services Agreement with us. We bill asset management fees on a
quarterly basis in arrears. We determine the dollar amount of the fee by multiplying one-fourth of
the annual percentage fee stated in your Investment Management Services Agreement by the
market value of the assets held in your account(s) on the last day of the previous quarter. The
specific annual fee schedule and/or quarterly fee schedule will be identified on Schedule A of the
Investment Management Services Agreement between FAS and you.
Accounts initiated or terminated during a calendar quarter are charged a prorated fee. Upon
termination of any account, any prepaid unearned fees are promptly refunded, but any earned,
        9   FAS Wealth Partners   .                                  Form ADV Part 2A Disclosure Brochure
            February 25, 2026

unpaid fees are due and payable. We can determine not to charge management fees to certain
family members and close associates of employees of FAS.
Your Investment Management Services Agreement authorizes us to directly debit our quarterly
fees from your custodial investment account(s) managed by FAS. If you choose not to have your
fee debited directly from your account, you must notify us in writing. Asset management fees are
prorated for each capital contribution and withdrawal made during the applicable calendar quarter.
Additional information can be found in some or all of the following documents:
   •   This ADV brochure
   •   Your FAS client agreement
   •   Custodial agreements with brokerage houses or trust companies
   •   Mutual funds’ prospectuses and Statements of Additional Information

Limited Negotiability of Fees for General Asset Management - Although we have established
the aforementioned fee range, we retain the discretion to negotiate alternative fees on a client-by-
client basis. Your facts, circumstances and needs are considered in determining your fee
schedule. These include the complexity of your situation, any planning services provided, assets
to be placed under management, anticipated future additional assets, related accounts, portfolio
style, account composition and reports among other factors. Your final fee schedule will be
memorialized in your Investment Management Services Agreement.
Our fee does not include brokerage commissions, transaction fees, and other related costs and
expenses so you can incur certain other charges imposed by custodians, brokers, third-party
investment managers and other third parties such as:

            •   Fees charged by fund managers
            •   Custodial fees
            •   Trustee fees
            •   Deferred sales charges
            •   Odd-lot differentials
            •   Transfer taxes
            •   Wire transfer and electronic fund fees
            •   Servicing fees
            •   Other fees and taxes on your brokerage accounts and securities transactions

Additionally, mutual funds and exchange-traded funds also charge internal management fees
which are disclosed in a fund’s prospectus. These charges and commissions are exclusive of and
in addition to our asset management fee, and we do not receive any portion of these types of
commissions, fees, and costs. Our affiliated broker/dealer, FAS Corp., receives fees known as
12(b)-1 fees as to an account of an FAS client carried on the books and records of FAS Corp. Item
12 further describes factors FAS considers in selecting or recommending broker-dealers for your
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Item 7 – TYPES OF CLIENTS______________________________________________________
FAS provides financial planning and asset management services to the following types of clients:
General Asset Management and Financial Planning:
       •        Individuals (including high net worth individuals)
       •        Defined contribution and benefit plans
       •        Trusts, estates, charitable organizations
       •        Corporations and other Business entities
       •        Banking or Thrift Organizations
As previously disclosed in Item 5, we have established certain initial minimum account
requirements in order to maintain an asset management account with us based on the nature of
the service(s) provided. For a more detailed understanding of the requirements, please review the
disclosures provided in each applicable service.