Garrison Murphy Wealth Management LLC

Item 5 Fees and Compensation
Wealth Advisory Services
Our fee for wealth advisory services is based on a percentage of the assets in your account and is set
forth in our investment advisory agreement but will not exceed 0.75% per annum.

Our annual portfolio management fee is billed and payable monthly, in arrears, based on the month
end or quarter end balance of assets under management which may include assets not held directly at
the Firm's custodian based on the scope of services agreed to in advance with the client.

If the portfolio management agreement is executed at any time other than the first day of a calendar
month, our fees will apply on a pro rata basis, which means that the advisory fee is payable in
proportion to the number of days in the month for which you are a client.

The firm may, in its sole discretion, negotiate to charge a lesser fee based upon the amount of work,
complexity of investment management and/or time that the firm expects to employ along with certain
other criteria such as the dollar amount of assets to be managed, related accounts, account
composition, pre-existing/legacy client relationship and account retention.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts. Combining
account values may increase the asset total, which may result in your paying a reduced advisory fee
based on any available breakpoints in our fee schedule.

We will deduct our fee directly from one or more of your accounts, proportionately or otherwise as
agreed, through the qualified custodian holding your funds and securities. We will deduct our advisory
fee only when you have given our firm written authorization permitting the fees to be paid directly from
your account(s). Further, the qualified custodian will deliver an account statement to you at least
quarterly. These account statements will show all disbursements from your account and you should
review all statements for accuracy.

You may terminate the portfolio management agreement upon 30 days written notice. You will incur a
pro rata charge for services rendered prior to the termination of the portfolio management agreement,
which means you will incur advisory fees only in proportion to the number of days in the month for
which you are a client. If you have pre-paid advisory fees that we have not yet earned, you will receive
a prorated refund of those fees.

Selection of Other Advisers
Advisory fees charged by TPMMs are separate and apart from our advisory fees. Assets managed by
TPMMs will be included in calculating your advisory fee, which is based on the fee schedule set forth in

the Wealth Advisory Services section in this brochure. Advisory fees that you pay to the TPMM are
established and payable in accordance with the brochure provided by each TPMM to which we have
allocated assets on your behalf. You should review the recommended TPMM's brochure and take into
consideration the TPMM's fees along with our fees to determine the total amount of fees associated
with our services.

Our recommendations to use third party money managers incur charges in addition to our wealth
advisory fee. The TPMM will deduct their fee directly, we will not share in the advisory fee you pay
directly to the TPMM. Advisory fees that you pay to the TPMM are established and payable in
accordance with the Form ADV Part 2 or other equivalent disclosure document provided by each
TPMM to whom you are referred. These fees may or may not be negotiable and you should review the
recommended TPMM's brochure for information on its fees and services.

In some circumstances you may be required to sign an agreement directly with the recommended
TPMM(s). You may terminate your advisory relationship with the TPMM according to the terms of your
agreement with the TPMM. You should review each TPMM's brochure for specific information on how
you may terminate your advisory relationship with the TPMM and how you may receive a refund, if
applicable. You should contact the TPMM directly for questions regarding your advisory agreement
with the TPMM.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds, exchange traded funds, separately managed accounts and private funds. The fees that
you pay to our firm for investment advisory services are separate and distinct from the fees and
expenses charged by mutual funds, exchange traded funds, (described in each fund's prospectus to
their shareholders), and separately managed accounts and private funds (described in each firm's ADV
Part 2 or subscription documents). These fees will generally include a management fee and other fund
expenses. You will also incur transaction charges and/or brokerage fees when purchasing or selling
securities. These charges and fees are typically imposed by the broker-dealer or custodian through
whom your account transactions are executed, and we do not share in any portion of the brokerage
fees/transaction charges imposed by the broker-dealer or custodian. To fully understand the total cost
you will incur, you should review all the fees charged by mutual funds, exchange traded funds,
separate account managers, private funds, our firm, and others. For information on our brokerage
practices, refer to the Brokerage Practices section of this brochure.

We may trade client accounts on margin. Each client must sign a separate margin agreement before
margin is extended to that client account. Fees for advice and execution on these securities are based
on the total asset value of the account, which includes the value of the securities purchased on margin.
The securities purchased on margin show as a negative amount on a client's statement and results in
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Item 7 Types of Clients
We offer investment advisory services to individuals (other than high net worth individuals), high net
worth individuals, pooled investment vehicles, charitable organizations and corporations or other
businesses not listed above.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size which, in our sole
opinion, is too small to manage effectively.