FLP Wealth Management LLC

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding FLP’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and FLP.

Financial Planning & Consulting Services

Fees charged for FLP’s financial planning and consulting services are negotiable based upon the type of
client, the services requested, the investment adviser representative providing advice, the complexity of
the client’s situation, the composition of the client’s account, other advisory services provided and the

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relationship of the client and the investment adviser representative. The following are the fee
arrangements available for financial planning and consulting services offered by FLP.

                                  Fees for Financial Planning Services

FLP provides financial planning services under a fixed fee arrangement. A mutually agreed upon fixed
fee is charged for financial planning services under this arrangement. There is a range in the amount of
the fixed fee charged by FLP for financial planning services. The minimum fixed fee is $400, and the
maximum fixed fee is no more than $10,000. The amount of the fixed fee for your engagement is
specified in your financial planning agreement with FLP. At FLP’s discretion, FLP may grant exceptions
to these minimum and maximum fixed fees based on the negotiability factors listed in the paragraph
above. Any exceptions will be documented in the client agreement. Upon completion and delivery of the
financial plan, the fixed fee is considered earned by FLP and any unpaid amount is immediately due.

To the extent FLP provides you with general investment recommendations as part of the financial
planning services and you implement such investment recommendations through FLP, FLP may offer in
FLP’s agreement with you to waive or reduce the fees for financial planning services.

                              Termination of Financial Planning Services

The financial planning services terminate upon delivery of the written financial plan or upon either party
providing the other party with written notice of termination.

You may terminate the financial planning services within five (5) business days of entering into an
agreement with FLP without penalty or fees due. If you terminate the financial planning services after five
(5) business days of entering into an agreement, you will be responsible for immediate payment of any
financial planning services performed by FLP prior to the receipt by FLP of your notice. For financial
planning services performed by FLP under a fixed fee arrangement, you will pay FLP a pro-rated fixed fee
equivalent to the percentage of work completed by FLP as determined by FLP. In the event that there is
a remaining balance of any fees paid in advance after the deduction of fees from the final invoice, those
remaining proceeds will be refunded by FLP to you.

                                      Fees for Consulting Services

FLP provides consulting services under a fixed fee arrangement. A mutually agreed upon fixed fee is
charged for consulting services under this arrangement. There is a range in the amount of the fixed fee
charged by FLP for consulting services. The minimum fixed fee for consulting services will be $400, and
maximum fixed fee for consulting services will be no more than $10,000. The amount of the fixed fee for
your engagement is specified in your consulting agreement with FLP. At FLP’s discretion, FLP may
grant exceptions to these minimum and maximum fixed fees based on the negotiability factors listed in
the section “Financial Planning & Consulting Services” on page 11 of this brochure. Any exceptions will
be documented in the client agreement.

The fixed fee will be considered earned by FLP and immediately due from Client upon completion of the
consulting services.

FLP also provides financial consulting services under an hourly fee arrangement. An hourly fee of $200
per hour is charged by FLP for financial consulting services under this arrangement. Before commencing
financial planning services, FLP provides an estimate of the approximate hours needed to complete the
requested financial consulting services. If FLP anticipates exceeding the estimated number of hours
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required, FLP will contact you to receive authorization to provide additional services. You will pay in
advance a mutually agreed upon retainer that will be available for FLP to bill hourly fees against our
financial consulting services; however, under no circumstances will FLP require you to pay fees more
than $500 more than six months in advance. The standard billing dates and events of FLP are the
following: (1) the first business day of each month; (2) the date when incurred hourly fees and expenses
will cause the retainer balance to be depleted to zero; (3) the date or thereafter that FLP substantially
provides the agreed upon services; and (4) the date the engagement is terminated by either you or FLP.
Upon presentment of the invoice to you, FLP will deduct the hourly fees due FLP against your current
retainer balance and you are required to pay immediately FLP any outstanding balance of hourly fees due

FLP offers ongoing advisement services billed at a rate of 0.25% to 1.00% of the assets under
advisement. The annual fee will be divided by 4 and charged quarterly in arrears based upon the value of
your retirement plan account on the last day of the last quarter.
...

Item 7 – Types of Clients

FLP provides investment advice to the following types of clients:

    •   Individuals
    •   High net worth individuals
    •   Pension and profit-sharing plans
    •   Corporations or business entities other than those listed above

You are required to execute a written agreement with FLP specifying the particular advisory services in
order to establish a client arrangement with FLP.

Minimum Investment Amounts Required

There are no minimum investment amounts or conditions required for establishing an account managed
by FLP. However, all clients are required to execute an agreement for services in order to establish a
client arrangement with FLP and/or the third-party money manager or the sponsor of third-party money
manager platforms.

The minimum fee charged for financial planning services on a fixed fee basis is $400 unless an exception
to the minimum fixed fee has been negotiated between the client and FLP.

Third-party money managers may have minimum account and minimum fee requirements in order to
participate in their programs. Each-third party money manager will disclose its minimum account size and
fees in its Form ADV Part 2A Disclosure Brochure.