GFS Wealth Management Advisors Inc

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management           Annual Fees
        All Assets                              1.50%

The advisory fee is calculated using the value of the assets on the last business day of the
prior billing period.

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of
the Investment Advisory Contract. Clients may terminate the agreement without penalty
for a full refund of GFS'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.

Pension Consulting Services Fees

       Asset-Based Fees for Pension Consulting

                        Total Assets                            Annual Fee
                        All Assets                              1.50%

       The advisory fee is calculated using the value of the assets on the last business day
       of the prior billing period

       Fixed Fees

       The rate for creating client pension consulting plans is between $1,000 and $50,000.

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of
the pension consulting agreement. Clients may terminate the agreement without penalty
for a full refund of GFS's fees within five business days of signing the contract. Thereafter,
clients may terminate the pension consulting agreement generally with 30 days' written
notice.

Financial Planning Fees

       Fixed Fees

       The negotiated fixed rate for financial planning services is typically between $1,000
       and $50,000; however, the fee may be higher for clients with extensive planning
       needs. The final negotiated fee will be set forth in the financial planning
       agreement. In some cases, the parties may agree to annual fee increases which will
       be described in the agreement.

       Hourly Fees

       The negotiated hourly fee for these services is between $150 and $400.

Clients may terminate the agreement without penalty, for full refund of GFS’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Asset-based portfolio management fees are withdrawn directly from the client's accounts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, or may be invoiced and billed
directly to the client on a quarterly basis. Clients may select the method in which they are
billed. Fees are paid in advance.

Payment of Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis, or may be invoiced and billed
directly to the client on a quarterly basis. Clients may select the method in which they are
billed. Fees are paid in advance.

Fixed pension consulting fees are paid via check. These fees are paid 100% in advance, but
never more than six months in advance.

Payment of Financial Planning Fees

Financial planning fees are paid via check and wire.

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

Hourly financial planning fees are paid in arrears upon completion.

C. Client Responsibility For Third Party Fees

For client accounts not participating in the wrap fee program, GFS will charge clients one
fee and pay transaction fees using the fee collected from the client. Clients utilizing GFS’s
wrap fee portfolio management should also see the separate Wrap Fee Program Brochure
for additional details regarding third party fees.

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, transaction fees,
etc.). Those fees are separate and distinct from the fees and expenses charged by GFS.
Please see Item 12 of this brochure regarding broker/custodian.

D. Prepayment of Fees

GFS 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 rate 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 Securities to Clients

Lawrence John Ganim is an insurance agent and is also a registered representative of a
broker-dealer. In these roles, he may accept compensation for the sale of investment
products to GFS clients.

Lawrence John Ganim is a licensed insurance agent with Ganim Insurance Consultants,
Inc., and from time to time, will offer clients advice or products from those activities.
Clients should be aware that these services pay a commission or other compensation and
involve a conflict of interest, as commissionable products conflict with the fiduciary duties
of a registered investment adviser. GFS always acts in the best interest of the client;
including the sale of commissionable products to advisory clients. Clients are in no way
required to utilize the services of any representative of GFS in connection with such
individual's activities outside of GFS.

Lawrence John Ganim is a registered representative. From time to time, he will offer
clients advice or products from this activity. Clients should be aware that these services
pay a commission and involve a possible conflict of interest, as commissionable products
...

Item 7: Types of Clients

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

       ❖       Individuals
       ❖       High-Net-Worth Individuals
       ❖       Pension and Profit Sharing Plans

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