Flagship Private Wealth LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management           Maximum Annual Fee
        Retirement and Non-Retirement Assets    1.35% of AUM

Portfolio management fees may vary depending on complexity. The advisory fee is
calculated using the value of the assets in the Account on the last business day of the prior
billing period.

The final fee schedule is specified on the client account application. Clients may terminate
the agreement without penalty for a full refund of FPW's fees within five business days of
signing the Investment Advisory Contract. Thereafter, clients may terminate the
Investment Advisory Contract generally with 30 days' written notice.

Selection of Other Advisers Fees

FPW will be compensated via a fee share from the advisers to which it directs those clients.
This relationship will be memorialized in each contract between FPW and each third-
party adviser. The fees shared will not exceed any limit imposed by any regulatory
agency.

FPW may direct clients to LPL Financial. The annual fee schedule is as follows:

    Total Assets Under                                                  Maximum
                             FPW’s Fee           Third Party’s Fee
    Management                                                          Total Fee
    $0 – and up              85% of total fee    15% of total fee       1.35% of AUM

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period. These fees are negotiable.

Financial Planning Fees

The fixed rate for creating client financial plans is between $500 and $7,500, based on the
complexity of the financial plan and payable in advance.

Clients may terminate the agreement without penalty, for full refund of FPW’s fees, within
five business days of signing the Financial Planning Agreement. Thereafter, clients may
terminate the Financial Planning Agreement generally upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in advance.

Payment of Selection of Other Advisers Fees

Fees for selection of LPL Financial as third-party adviser are withdrawn directly from the
client's accounts with client's written authorization. Fees are paid quarterly in advance.

Payment of Financial Planning Fees

Financial planning fees are paid via check. Fixed financial planning fees are paid 100% in
advance, but never more than six months in advance.

C. Client Responsibility For Third Party Fees

This brochure describes FPW’s non-wrap fee advisory services; clients utilizing FPW’s
wrap fee portfolio management should see the separate Wrap Fee Program Brochure.
Client accounts not participating in the wrap fee program are responsible for the payment
of all third-party fees (i.e., custodian fees, commissions, brokerage fees, mutual fund fees,
transaction fees, etc.). Those fees are separate and distinct from the fees and expenses
charged by FPW. Please see Item 12 of this brochure regarding broker/custodian.

D. Prepayment of Fees

FPW collects fees in advance. Refunds for fees paid in advance will be returned within
fourteen days to the client via check, or return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
the fees collected in advance minus the daily rate* times the number of days elapsed in
the billing period up to and including the day of termination. (*The daily rate is calculated
by dividing the annual asset-based fee by 365.)

Fixed fees that are collected in advance will be refunded based on the prorated amount of
work completed at the point of termination.

E. Outside Compensation For the Sale of Investment Products to
Clients

Certain supervised persons of FPW are also registered representatives of a broker-dealer
and licensed insurance agents. When acting in these separate roles, they receive
transaction-based compensation, including commissions and mutual fund 12b-1 fees, on
the sale of investment products in brokerage accounts. Supervised persons do not receive
commissions or 12b-1 fees on transactions in advisory accounts.

This is a Conflict of Interest

   The receipt of transaction-based compensation presents a conflict of interest and gives
   the supervised person an incentive to recommend products based on the
   compensation received rather than on a client’s needs. When a supervised person
   recommends the sale of investment products for which the supervised persons receive
   transaction-based compensation, FPW will document the conflict of interest in the
   client file and inform the client of the conflict of interest.

Clients Have the Option to Purchase Recommended Products From Other
Brokers

   Clients always have the option to purchase recommended products through other
   brokers or agents that are not affiliated with FPW.

        Commissions are not a source of compensation for advisory services

           FPW does not receive commissions as compensation for its advisory services.

       Advisory Fees in Addition to Commissions

           Advisory fees that are charged to clients are not reduced to offset any separate
           transaction-based compensation its supervised persons receive.

Item 7: Types of Clients

FPW generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations / Other Businesses

There is no account minimum for any of FPW’s services.