Fellowship Financial Planning LLC

Item 5 – Fees and Compensation
In most situations, the fee for Investment Management for will be based on the amount of assets under
management (“AUM”), as determined by the independent qualified custodian. Clients for Investment
Management are provided an advisory agreement (“Agreement”) that outlines our services, as well as
a description of the fees charged (“Advisory Fees”). Typically, Advisory Fees will be charged every
three months and in advance, based on the value of the assets at the beginning of the three-month
period. Accounts opened under the Agreement will be aggregated together for determining AUM during
the billing process, which may provide the client a lower Advisory Fee rate. Our standard Advisory Fee
schedule for Individual Accounts is as follows:
                                    $0 to $1,000,000           1.50%
                                    $1,000,000 to $2,000,000 1.25%
                                    Over $2,000,000            1.00%
Our Advisory Fee is calculated on a breakpoints, so clients will pay one rate that corresponds to their
total AUM. Advisory Fees we charge are separate and distinct from the fees and expenses charged by
investments like mutual funds and exchange traded funds (ETFs). In these cases, the fees and

expenses are described in each fund's prospectus or available through common financial websites.
These fees will generally include a management fee, other fund expenses, and a possible distribution
fee. In the event a fee-based annuity is utilized for a client, the fees for Investment management of the
same will be outlined in the Agreement signed between Fellowship and the client.
Financial Planning is charged at a rate of $1,500 per plan and is considered completed upon delivery
and explanation of the financial plan. Fees for Financial Consulting are based on the arrangement,
and will be priced based upon a scope of services proposed to the client—not to exceed $10,000 per
year or on an hourly basis not to exceed $500 per hour. Flat Financial Consulting fees are charged
quarterly and in advance and hourly Financial Consulting is payable after the services are provided.
Financial Planning and Financial Consulting fees are paid by check, ACH or through any taxable
account opened through Investment Management.
In addition to our Advisor Fee, clients are also responsible for the transaction charges, fees and other
expenses charged and imposed by the firm (“Custodian”) who holds the client assets. Accordingly,
clients should review both the fees charged by the funds/ETFs, the Custodian and the fees charged by
the Advisor to fully understand the total amount of fees to be paid.
The fees for Advisory Fees, Financial Planning and Financial Consulting may be negotiated, lowered
or waived for family, friends or based upon the complexity level of the client situation. In some situations
Investment Management Clients are on a flat fee schedule based upon the historical relationship.
Clients provide us authorization to electronically debit our fees in the Agreement and custodial
paperwork. Clients can cancel the Agreement for Investment Management without any charges and
penalties within 5 business days after contract execution.
In the event a client terminates our services Advisory Fees will be charged until the notice of termination
is provided by the client. Any fees charged in advance will be rebated for the unused portion of the fee.
Advisory Fees are electronically debited from client accounts. The value of the fee used to calculate
the Advisory Fee will include all positions in the account, cash, dividends, accrued interest and interest
payments unless specifically excluded in the Special Instructions section of the Agreement. Similar
services may be offered by other advisors at a lower fee.

Item 7 – Types of Clients
We provide services to individuals, trusts, estates, charitable organizations (non-profits), corporations,
associations and other business entities (such as limited liability companies, networks or limited
partnerships). We do not have a minimum fee.