Financial Advisory Partners LLC

Item 5 Fees and Compensation
Portfolio Management Services
Detailed information about the Financial Advisory Partners Wrap Fee Program and program fees is
provided in the Form ADV Part 2A, Appendix 1 (Wrap Brochure) that is attached to this Form ADV Part
2A Disclosure Brochure. Please refer to that portion of this Brochure for further information.

Financial Planning and Consulting Services
We offer these services on either an hourly basis or fixed fee basis. Our hourly fee is $350 and our
fixed fees range up to $10,000. Typically, our hourly fee is billed for general consulting services and
our fixed fees are billed for modular (project-based) and/or broad-based financial planning.

Our financial planning fees - both hourly and fixed fees - are negotiable depending upon the complexity
and scope of the services, your financial situation, and your objectives. Our hourly and fixed fees are
generally due upon completion of services rendered. For our fixed fees, however, we may require that
you pay 50% of the fee in advance with the remaining portion due upon completion of
services rendered. In our discretion, we may negotiate other fee-paying arrangements. All important
terms will be evidenced in the agreement that you sign with our firm.

We also offer annual, ongoing financial planning and consulting services for a fixed monthly fee
ranging up to $10,000. Our fee for ongoing services is customized for each engagement and varies
widely based on the complexity of each client's financial circumstances.

In limited circumstances, we may negotiate fees above our maximum fees disclosed above where the
client requires complex planning and consulting services.

Either party may terminate the agreement by providing written notice to the other party. You will incur a
pro rata charge for services rendered prior to the termination of the agreement. If you have pre-paid
advisory fees that we have not yet earned, you will receive a prorated refund of those fees.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. You may also incur transaction charges and/or

brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by
the broker-dealer or custodian through whom your account transactions are executed. We do not
share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or
custodian. To fully understand the total cost you will incur, you should review all the fees charged by
mutual funds, exchange traded funds, our firm, and others. For information on our brokerage practices,
refer to the Brokerage Practices section of this Brochure.

Compensation for the Sale of Securities or Other Investment Products
Investment Adviser Representatives ("IARs") of our firm may also be registered representatives
with Lanark Financial, Inc., a securities broker-dealer, and a member of the Financial Industry
Regulatory Authority and the Securities Investor Protection Corporation. In this capacity as registered
representatives, these IARs will receive commission-based compensation in connection with the
purchase and sale of securities, including 12b-1 fees for the sale of investment company
products. IARs of our firm may also be licensed as independent insurance agents, and they will earn
commission-based compensation for selling insurance products.

Compensation earned by these IARs in their separate capacities as registered representatives and/or
licensed insurance agents is separate and in addition to our advisory fees. These practices present a
conflict of interest because IARs of our firm who are registered representatives and/or licensed
insurance agents have a financial incentive to effect securities transactions on your behalf and/or sell
insurance products to you. We address this conflict of interest by recommending securities and/or
insurance products only where we, in good faith, believe that it is appropriate for the client’s particular
needs and circumstances. Clients are under no obligation, contractually or otherwise, to purchase
securities and/or insurance products through any person affiliated with our firm. As a fiduciary, it is our
firm's obligation to act in our client's best interest.

Where fixed annuities are sold, clients should also note that the annuity sales result in substantial up-
front commissions and ongoing trails based on the annuity’s total value. In addition, many annuities
contain surrender charges and/or restrictions on access to your funds. Payments and withdrawals can
have tax consequences. Optional lifetime income benefit riders are used to calculate lifetime payments
only and are not available for cash surrender or in a death benefit unless specified in the annuity
contract. In some annuity products, fees can apply when using an income rider. Annuity guarantees
are based on the financial strength and claims-paying ability of the issuing insurance company. We
urge our clients to read all insurance contract disclosures carefully before making a purchase decision.
Rates and returns mentioned on any program presented are subject to change without notice.
Insurance products are subject to fees and additional expenses.

Item 7 Types of Clients
We typically offer investment advisory services to individuals, high net worth individuals, charitable
organizations, corporations or other businesses.

In general, we require a minimum of $100,000 to open and maintain an advisory account. At our
discretion, we may waive this minimum account size. For example, we may waive the minimum if you
appear to have significant potential for increasing your assets under our management. We may also
combine account values for you and your minor children, joint accounts with your spouse, and other
types of related accounts to meet the stated minimum.

For clients where alternative investments are included in their allocation, we require a
minimum account size of $50,000 for each strategy selected.