Financial Independence LLC

Item 5 Fees and Compensation
 Financial Planning Fees
We typically charge a fixed annual fee for financial planning services. In the first year, the fixed fee
typically ranges from $1,200 to $6,000 depending on the scope and complexity of services. In the first
year, the fixed fee is generally higher to account for the additional work associated with data gathering,
initial client meetings, goal setting and prioritization, software input, account linking, data and plan
assumption accuracy and completeness checks, initial financial statement development, digital vaulting of
critical documents and other efforts to build the foundation for the initial plan. In subsequent years (years
two and beyond), the ongoing fixed fee is often reduced and typically ranges from $600 to $3,000 per
year, depending on the scope and complexity of services. There are situations where we charge the same
or similar fee in the first year and subsequent years (years two and beyond) to accommodate client
needs, objectives and personal situations. All fees are negotiable, transparent, and disclosed upfront.

 Payment of Financial Planning Fees
Payments for financial planning fees will be processed through a secure online third-party platform in
monthly, quarterly, or semiannual installments (at the client’s preference). An online billing notice will be
sent, and payment will be due and payable upon receipt of such online billing notice. Fees will be charged
in advance. Clients will be provided relevant information regarding the online third-party billing platform
during the account creation process. If a client does not want online billing, a manual billing process may
be offered, and payment will be due and payable upon receipt of such billing notice.

We will not require prepayment of a fee more than six months in advance and in excess of $1,200. If you
are unsatisfied with your financial plan, for any reason, we may refund the fee you have paid to our firm.

We also allow clients to pay for financial planning services based on an hourly rate of $250 per hour. In
such cases, we will provide an estimate of the total fee at the start of the advisory relationship.

In certain situations where clients have long term relationships with the firm and/or have engaged the firm
to provide investment management services on large account balances, we may, at our discretion,
provide financial planning services at no additional separate charge.

AssetMark Platform and Financial Independence Advisory Fees
We charge a Financial Advisor fee typically ranging from 0.50% - 1.00% of our client assets on the
AssetMark Platform, which is in addition to AssetMark’s Platform fee. AssetMark’s Platform fee is
described in detail in the AssetMark Platform Disclosure Brochure. The AssetMark Platform fee includes:
 1. Payment for advisory services (including the Strategist’s or Manager’s Supplemental Fee, if
    applicable) and Administrative Services; and
 2. Payment for custodial and brokerage services (although additional fees are payable for certain third-
    party mutual funds, Actively Managed Fixed Income Strategies, Funding Account Strategies,
    acquired Global Financial Private Capital (“GFPC”) Strategies).

In certain circumstances, a portion of the account may not be subject to AssetMark’s fee, in which
case only our fee will apply. You are encouraged to review the AssetMark Platform Disclosure
Brochure for information regarding the AssetMark Platform and total fees charged. You should
consider all applicable fees.

Our advisory fees are negotiable depending on the complexity and scope of services, your financial
situation, and your objectives. Previous client relationships may be subject to a different fee schedule.
Fees are quarterly in advance. You will be required to enter into an advisory agreement with our firm
and a separate agreement with AssetMark. AssetMark’s advisory agreement may be terminated in
accordance with the terms set forth in the AssetMark Client Services Agreement. Pre-paid fees not yet
earned will be refunded.

 Payment of AssetMark Platform and Financial Independence Advisory Fees
For accounts managed on the AssetMark Platform, AssetMark will deduct all investment advisory fees,
including the AssetMark Platform fee and our Financial Advisor Fee, directly from your account through
the qualified custodian holding your funds and securities.

The Platform Fee charged to Client Accounts includes compensation for custodial services. Pursuant to
agreements that AssetMark has negotiated with third-party Custodians (e.g., Fidelity Brokerage
Services LLC (CRD# 7784)) on AssetMark’s Platform, AssetMark pays the Custodian for the custodial
services provided to Client Accounts. (The Custodians also have other income sources). The Client
does not pay transaction fees on trades made in most of the Solution Types available on the Platform.

Our financial advisor fee will be deducted only when the following requirements are met:
    • You provide AssetMark with written authorization permitting the fees to be paid directly from
        your account held by the qualified custodian.
    • AssetMark will send you a Quarterly Performance Review on our firm’s behalf, showing the value
      of the assets on which the fee is based, the fee schedule and the amount of the fee.
    • The qualified custodian will send you a statement, at least quarterly, indicating all amounts
      dispersed from your account including the amount of the financial advisor fee paid directly to our
      firm.
    Note: both the Quarterly Performance Review (AssetMark) and Custodial Statements (Fidelity
    Brokerage Services LLC (CRD# 7784) may be delivered digitally or hardcopy, based on client
    preference.

If our Form ADV Part 2A is not delivered to you within 48 hours prior to your entering into an advisory
agreement with our firm, you may terminate the agreement by providing written notice to our firm within
...

Item 7 Types of Clients
We offer investment advisory services to individuals, pension and profit-sharing plans, trusts, estates,
and charitable organizations.

In general, we require a minimum of $250,000 to open and maintain an advisory account. At our
discretion and with consideration of the overall client relationship to the firm, we may waive this
minimum account size. In addition, AssetMark may impose a minimum account size, depending on the
program in which your account is placed. These minimums are described in more detail in the
AssetMark Platform Disclosure Brochure. Accounts below the stated minimums may be accepted on
an individual basis at the discretion of AssetMark.