FMA Wealth Management LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one more
written agreements with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
investment advisory agreement. Wealth management fees are based on the market value of assets under
management at the end of the prior quarter. Wealth management fees are based on the following schedule:

                              Assets Under Management ($)                   Annual Rate (%)
                          First $1,000,000                                      1.00%
                          Next $1,000,000 (up to $2,000,000)                    0.75%
                          Next $2,000,000 (up to $4,000,000)                    0.50%
                          Next $6,000,000 (up to $10,000,000                    0.40%
                          Over $10,000,000                                    Negotiable

Certain legacy Clients may be billed under a different fee schedule. The wealth management fee in the first quarter of
service is prorated from the inception date of the account[s] to the end of the first quarter. Fees may be negotiable at
the sole discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under
management with the Advisor. All securities held in accounts managed by FMA will be independently valued by the
Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Financial Planning Services
FMA typically offers financial planning services as part of its overall wealth management service. FMA also offers
financial planning services at an hourly rate of $250 per hour or as a fixed fee engagement. Fixed fees range up to
$5,000. Fees may be negotiable based on the nature and complexity of the services to be provided and the overall
relationship with the Advisor. An estimate for total hours and/or total costs will be provided to the Client prior to
engaging for these services.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor and deducted from the Client’s account[s] at the Custodian.
The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from the Client’s
account[s] at the beginning of the] respective quarter. The amount due is calculated by applying the quarterly rate
(annual rate divided by 4) to the total assets under management with FMA at the end of the prior quarter. Clients will
be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the wealth management
fee. Clients provide written authorization permitting advisory fees to be deducted by FMA to be paid directly from their

                                               FMA Wealth Management, LLC
                                       33 Railroad Avenue, Suite 2, Duxbury, MA 02332
                                          Phone: 781-934-7880 * Fax: 781-934-8220

account[s] held by the Custodian as part of the wealth management agreement and separate account forms provided
by the Custodian.
Financial Planning Services
Financial planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than FMA, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian, as applicable. The Advisor's recommended Custodian may not charge securities
transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and
conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by FMA are separate and distinct from these custody and
execution fees.

In addition, all fees paid to FMA for wealth management services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in
each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds,
other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible
distribution fee. A Client may be able to invest in these products directly, without the services of FMA, but would not
receive the services provided by FMA which are designed, among other things, to assist the Client in determining
which products or services are most appropriate for each Client’s financial situation and objectives. Accordingly, the
Client should review both the fees charged by the fund[s] and the fees charged by FMA to fully understand the total
fees to be paid. Please refer to Item 12 – Brokerage Practices for additional information.

D. Advance Payment of Fees and Termination
Wealth Management Services
FMA is compensated for its investment management services in advance of the quarter in which quarter services are
rendered. Either party may terminate the investment advisory agreement, at any time, by providing advance written
...

Item 7 – Types of Clients

FMA offers investment advisory services to individuals, high net worth individuals, trusts, estates, charitable
organizations, corporations, and businesses. FMA generally does not impose a minimum relationship size.