Fidelis Wealth Advisors LLC

ITEM 5 - FEES AND COMPENSATION

INVESTMENT MANAGEMENT FEES AND COMPENSATION
Our Firm charges a fee as compensation for providing Investment Management services on your account. These
services include advisory services, trade entry, investment supervision, and other account maintenance activities.
Our custodian charges transaction costs, custodial fees, redemption fees, retirement plan and administrative
fees or commissions.
Fidelis Wealth Advisors’ investment management fees are generally calculated and payable quarterly in advance
based on the value as of the last business day of the prior quarter, with payment due within 10 days from the
date of the invoice. Some contracts charge in arrears, that is, at the end of the billing cycle as of the last day of
the quarter. Our fee is determined by taking the percentage rate we charge, divided by four, times the market
value of the account. The market value is the sum of the values of all assets in the account. Unless otherwise
agreed upon and stated in the Investment Management Agreement, fees are assessed on all assets under man-
agement. This includes securities, cash, margin and money market balances. Securities and margin balances are
included as part of assets under management for purposes of calculating the firm’s advisory fee. In cases where
there are partial periods at the commencement or termination of our agreement, fees will be billed or refunded
on a pro-rated basis based on the number of days services were provided in the quarter. Quarterly fee adjust-
ments for additional assets received into the account during a quarter or for partial withdrawals will also be
provided on the above pro rata basis.
If there is insufficient cash in your account to pay your fees, securities in your portfolio may be sold to pay our
fee. In addition to our fees, there may be a custodial, mutual fund, 12b-1 fee, or similar third-party management
fees and charges.
Our maximum investment advisory fee is 1.50%, or we may negotiate a lower advisory fee. The specific advisory
fees are set forth in your Investment Advisory Agreement. A minimum fee of $1,200 a year or $300 a quarter will
be assessed on accounts. The minimum fee may reflect a fee of greater than 1.50%. Fees may vary based on the
size of the account, complexity of the portfolio, extent of activity in the account, or other reasons agreed upon

by us and you as the client. In certain circumstances, our fees and the timing of the fee payments may be nego-
tiated. Our employees and their family-related accounts are charged a reduced fee for our services.
We do not charge additional fees to work with your attorney and/or accountant. Our fee includes the time and
activities necessary to work with your attorney and/or accountant in reaching agreement on solutions, as well as
assisting them in implementation of all appropriate documents. We are not responsible for attorney or account-
ing fees charged to you as a result of the above activities.
If the Client has outside accounts, variable annuities or REITS that will be reported through Tamarac for perfor-
mance purposes, a quarterly fee for assets held with an outside custodian of $25 will be charged on each account.
Fee charged quarterly in Advance.
Unless otherwise instructed by the Client, we will aggregate related client accounts for the purposes of deter-
mining the account size and annualized fee. The common practice is often referred to as “house-holding” port-
folios for fee purposes and may result in lower fees than if fees were calculated on portfolios separately. Our
method of house-holding accounts for fee purposes looks at the overall family dynamic and relationship. When
applicable and noted in Appendix A of the Investment Management Agreement, legacy positions will also be
excluded from the fee calculation.
The independent and qualified custodian holding your funds and securities will debit your account directly for
the advisory fee and pay that fee to us. You will provide written authorization permitting the fees to be paid
directly from your account held by the qualified custodian. Further, the qualified custodian agrees to deliver an
account statement to you on a quarterly basis indicating all the amounts deducted from the account including
our advisory fees.
Either Fidelis or you may terminate the management agreement immediately upon written notice to the other
party. The management fee will be pro-rated to the date of termination for the quarter in which the cancellation
notice was given, and the unearned fee will be refunded to your account. Full refunds will only be made in cases
where cancellation occurs within five (5) business days of signing the Advisor’s investment advisory agreement.
After five (5) business days, clients will receive pro-rata refunds, which take into account work completed by the
Advisor on behalf of the client.
Upon termination, you are responsible for monitoring the securities in your account, and we will have no further
obligation to act or advise with respect to those assets. In the event of client’s death or disability, Fidelis will
continue management of the account until we are notified of client’s death or disability and given alternative
instructions by an authorized party.

            ADMINISTRATIVE SERVICES PROVIDED BY TAMARAC, INC.
            For some of our clients our Firm has contracted with Tamarac, Inc. (referred to as “Tamarac”) to
            utilize its technology platforms to support data reconciliation, performance reporting, fee calculation
            and billing, research, client database maintenance, performance evaluations, payable reports, web
            site administration, models, trading platforms, and other functions related to the administrative
            tasks of managing client accounts. Due to this arrangement, Tamarac will have access to client ac-
            counts, but Tamarac will not serve as an investment advisor to our clients. Our Firm and Tamarac are
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ITEM 7 - TYPES OF CLIENTS

Fidelis Wealth Advisors generally provides asset management and financial planning services to the following
types of clients: Individuals, High-Net-Worth Individuals, Pension and Profit-Sharing Plans, 401(k) Plans, Trusts,
Estates, Charitable Organizations, Donor Advised Funds, and Corporations.
Minimum Account Size:
Fidelis Wealth Advisors has a $250,000 account minimum however, this minimum can be waived at the sole discre-
tion of the Firm.