Firethorn Wealth Partners LLC

ITEM 5 – FEES AND COMPENSATION
The Firm offers services on a fee basis, which may include fixed and/or hourly fees, as well as fees
based upon assets under management or advisement. Additionally, certain of the Firm’s Supervised
Persons, in their individual capacities, may offer insurance products under a separate commission-based
arrangement.

Investment Management Fees
Firethorn offers wealth management services (which includes financial planning, consulting, reporting, due
diligence, and investment management services) for an annual fee based on the amount of assets under
management. This management fee is generally a range of 0.50% - 1.25%.
The annual fee is prorated and charged monthly, in advance, based upon the market value of the
assets being managed by the Firm on the last day of the previous billing period. If assets in excess of
$10,000 are deposited into or withdrawn from an account after the inception of a billing period, the fee
payable with respect to such assets is adjusted to reflect the interim change in portfolio value. For the
initial period of an engagement, the fee is calculated on a pro rata basis. In the event the advisory
agreement is terminated, the fee for the final billing period is prorated through the effective date of the
termination and the outstanding or unearned portion of the fee is charged or refunded to the client, as
appropriate.

Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g.,
held- away assets, accommodation accounts, alternative investments, etc.), the Firm may negotiate a fee
rate that differs from the range set forth above.

Fee Discretion
The Firm may, in its sole discretion, negotiate to charge a lesser fee based upon certain criteria, such as
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, pre-existing/legacy client relationship, account
retention and pro bono activities.

 Firethorn Wealth Partners, LLC Disclosure Brochure                                           Revised July 2026

Financial Planning and Consultation Service
We will quote the client a fixed fee that is based on the estimate of time to complete the project, or will
negotiate another fee arrangement for the client, pursuant to the Financial Planning & Consulting
Agreement. The total estimated fee, as well as the ultimate fee that we charge you, is based on the scope
and complexity of our engagement with you. We may require a negotiable retainer, which is calculated
based on the estimated total financial planning or consulting fee with the remainder of the fee directly
billed to you and due to us within thirty (30) days of your financial plan being delivered or consultation
rendered to you. In all cases, we will not require a retainer exceeding $1,200 when services cannot be
rendered within six (6) months. In the event that the client or Firethorn terminates the financial consulting
engagement before completion of the financial plan or consultation, Firethorn will determine the fees due
for the services already completed. For flat fee engagements, Clients may receive a pro-rata refund of
unearned fees which will be based on the hours Advisor has spent on the engagement, billed at the
Advisor’s hourly rate for such engagements. If the retainer previously paid by you is more than the fees
due, Firethorn will refund the amount of the unearned fees to you. If the amount due is more than the
retainer we collected from you, Firethorn will send you an invoice for the remainder due, which will be
due within thirty (30) days of the invoice date. For ongoing engagements, Clients will receive a pro-rata
refund for any remaining days left in the quarter in which the contract was terminated.

Education Advisory and Consulting (“EAC”) Fees
We will quote the client fee separate from the Investment Management and Financial Planning and
Consulting fees. The flat fee will be $500 per engagement pursuant to the Financial Planning & Consulting
Agreement. The fee will be waived for the service it the client has $1,000,000 or more being currently
managed by Firethorn. In the event that the client or Firethorn terminates the EAC engagement before
completion of the plan or consultation, Firethorn will determine the fees due for the services already
completed. Clients may receive a pro-rata refund of unearned fees which will be based on the hours
Advisor has spent on the engagement, billed at the Advisor’s hourly rate for such engagements.

Additional Fees and Expenses
In addition to the advisory fees paid to the Firm, clients may also incur certain charges imposed by other
third parties, such as broker-dealers, custodians, trust companies, banks, outsourced services and other
financial institutions (collectively “Financial Institutions”). These additional charges may include securities
brokerage commissions, transaction fees, custodial fees, fees attributable to alternative assets, reporting
charges, margin costs, charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed
in the fund’s prospectus (e.g., fund management fees and other fund expenses), deferred sales charges,
odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on
brokerage accounts and securities transactions. In addition, fees charged by the Independent Managers
are charged to the clients separately. The Firm’s brokerage practices are described at length in Item 12,
below.

 Firethorn Wealth Partners, LLC Disclosure Brochure                                            Revised July 2026

Direct Fee Debit
Clients generally provide the Firm and/or the Independent Managers with the authority to directly debit
their accounts for payment of the investment advisory fees. The Financial Institutions that act as the
...

ITEM 7 – TYPES OF CLIENTS
Firethorn offers investment advice to individuals, pension and profit-sharing plans, trusts, estates,
charitable organizations, corporations and other business entities.

Minimum Account Requirements
The Firm does not impose a stated minimum fee or minimum portfolio value for starting and maintaining
an investment management relationship. Certain Independent Managers may, however, impose more
restrictive account requirements and billing practices from the Firm. In these instances, the Firm may alter
its corresponding account requirements and/or billing practices to accommodate those of the Independent

 Firethorn Wealth Partners, LLC Disclosure Brochure                                          Revised July 2026

Managers.