Genesis Private Wealth LLC

Item 5 – Fees and Compensation

How We Are Compensated for Our Advisory Services

Our fees vary among the different types of advisory services we offer and are negotiable at our sole
discretion. The specific fees and manner in which fees are charged and calculated are described in
your investment advisory agreement. You should carefully review the investment advisory
agreement prior to signing it.

Fees for our advisory services may be higher than fees charged by other advisers who offer similar
services. You may be charged different fees than similarly situated clients for the same services. You
should carefully review this brochure to understand the fees and other sources of compensation that
exist among our services prior to entering into an investment advisory contract with our firm.

Investment and Wealth Management Services

Fees for investment and wealth management services are based on the amount of assets under
management. The maximum fee for our wrap fee program is as follows:

                                   Maximum Annual Advisory Fee

                                                  1.5%

You should refer to your advisory agreement for your specific fee rate(s).

Fees are generally billed in advance each calendar quarter based on the market value of the assets
under management/advisement on the last day of the previous calendar quarter.

For investment and wealth management services LFG provides to certain clients or for specific
client holdings (e.g., held-away assets, 529 plans, etc.), we may negotiate a fee rate that differs from
our standard fee.

Selection of Other Independent Managers

Fees for other Independent Managers used to manage all or a portion of a client’s account are set
forth by the Independent Manager and are either included in or in addition to LFG’s fees. LFG
retains the discretion to select investment managers and investment programs in conjunction with
our investment agreement. While LFG’s wrap fee remains consistent, underlying managers’ costs
vary. You should refer to the Independent Manager’s Form ADV Part 2A Brochure for information
on their fees and compensation. Fees are available to be reviewed via your quarterly statement from
the custodian.

Programs Offered Through Adhesion

Fees for the program available through Adhesion are inclusive of LFG’s advisory fees, the third-
party asset manager’s advisory fees and Adhesion’s overlay/platform fee, and are as follows:

                                   Maximum Annual Advisory Fee

                                                 1.75%

You should refer to your investment management agreement for your specific fee rate(s).

Programs Offered Through Wells Fargo Advisors

Fees for advisory programs offered through Wells Fargo Advisors are inclusive of LFG’s and Wells
Fargo Advisors’ advisory fees and are as follows:

       Program                   Program Type                 Maximum Annual Advisory Fee
       Private Advisor           Separately Managed           1.75%
       Network                   Account
       Personalized Unified      Unified Managed              1.75%
       Managed Account           Account

       FundSource®              Mutual Fund Advisory         1.25%
                                Program

Advisory fees for the third-party manager utilized through the Private Advisor Network Program are
not included in the above program fee. You pay for the services of the third-party manager
separately. You should refer to your advisory agreement for your specific fee rate(s).

Wells Fargo Advisors will calculate and directly debit advisory fees from the clients’ accounts for
assets within their programs.

Financial Planning and Consulting Services

Fees for financial planning and/or consulting services are billed on an hourly or fixed rate in
advance. Hourly fees generally range up to $350 per hour. There is no minimum fee required for
financial planning or consulting services; however financial planning and consulting fees generally
range from $1,250 - $20,000 annually. Fees are due and payable as incurred. While financial
planning and consulting services are available on a stand-alone basis, certain services are also
rendered in conjunction with investment portfolio management services at no additional cost as part
of a comprehensive wealth management engagement.

Factors we consider when determining our financial planning and consulting fees include, but are
not limited to:

   •   The amount of time we expect to spend completing the financial planning or consulting
       services and providing related advice;

   •   The complexity of your goals, issues and/or needs;

   •   The extensiveness and complexity of the data needed regarding your personal financial
       information;

   •   Your net worth or the value of your investment accounts and/or other assets that are the
       subject of the financial planning or consulting services; and/or

   •   Special circumstances related to life changes, marital status, health or special income needs,
       or growth or decline of a personal business.

LFG requests a retainer to initiate financial planning and consulting services; however, we will not
request the prepayment of fees more than $1,200 in advisory fees more than six months in advance.

You may engage LFG for additional investment management services to assist with implementing
one or more financial planning recommendations. You will incur additional fees if you retain our
firm for such services. You have complete freedom in selecting an investment adviser to assist you in
implementing any recommendations by LFG and are under no obligation to act upon the advice we
provide.

For consulting services, the investment advisory agreement between LFG and the client will
continue in effect until terminated by either party. For stand-alone financial planning services, the
agreement between LFG and the client will terminate upon delivery of the plan or completion of the
...

Item 7 – Types of Clients
LFG provides portfolio management services to individuals, high net worth individuals, trusts,
estates, foundations, and other business entities.

LFG generally requires a minimum initial investment of $1,000,000 for investment management
services. The firm, in its sole discretion, will accept clients based upon each client’s particular
circumstances.

Certain Independent Managers impose more restrictive account requirements and varying billing
practices than LFG. In such instances, LFG would alter its corresponding account requirements
and/or billing practices to accommodate those of the Independent Managers.