Godsey & GIBB Inc

ITEM 5 – FEES AND COMPENSATION
A. FEE SCHEDULE
   INDIVIDUAL PORTFOLIO MANAGEMENT FEES
                          ASSETS UNDER MANAGEMENT                          ANNUAL FEE
                                 First $1,000,000                            1.00%
                                 Next $1,000,000                             0.75%
                              All above $2,000,000                           0.50%
   Annual fees for Individual Portfolio Management services are based upon a percentage of assets under
   management. The minimum account size of $500,000, annual fee of $5,000, and fee schedule are negotiable. GGWM
   may group certain related client accounts for the purpose of achieving the minimum account size and determining
   the annualized fee. Such fees will be outlined in the written client agreement. Clients may terminate the agreement
   without penalty within five business days of signing the agreement. Thereafter, clients may terminate the
   agreement generally with 30 days' written notice.
   FINANCIAL PLANNING FEES
   Financial planning fees are based on the complexity of the client’s financial situation and the specific services to be
   provided. Under the Wealth Accumulation Model, GGWM charges an ongoing fixed annual fee typically ranging from
   $300 to $850 per month ($3,600 to $10,000 annually). Under the Wealth Preservation & Distribution Model, GGWM
   charges an ongoing fixed annual fee typically ranging from $375 to $1,500 per quarter ($1,500 to $6,000 annually).
   On a limited basis, project-based financial planning engagements may be offered for a fixed fee typically ranging
   from $3,600 to $10,000 per engagement. Financial planning fees may be reduced or waived for Individual Portfolio
   Management clients of GGWM to the extent specifically requested by such client. All fees are negotiable and agreed
   upon prior to entering into a contract with any client. Clients may terminate the agreement without penalty within
   five business days of signing the agreement. Clients may terminate the engagement generally upon written notice.
   TAX PREPARATION FEES
   Tax preparation fees are based on a rate of $200 per hour, subject to an $800 minimum per tax return. On a limited
   basis, project-based tax planning engagements may be offered at a rate of $200 per hour. Certain complex
   engagements may be offered at a higher fee. All fees are negotiable and agreed upon prior to entering the
   engagement with the client. Tax preparation fees are due upon completion of the engagement. Clients may
   terminate the engagement without penalty within five business days of execution of the engagement letter. Clients
   may terminate the engagement generally upon written notice.
   FINANCIAL EDUCATION FEES
   GGWM does not charge clients for attending any seminars or other speaking engagements hosted by GGWM.
B. PAYMENT OF FEES
   PAYMENT OF INDIVIDUAL PORTFOLIO MANAGEMENT FEES
   Asset-based fees for Individual Portfolio Management services are billed at the end of each quarter in which services
   are rendered based on the last day of the prior quarter and paid in arrears. Clients may elect to have fees withdrawn
   directly from the client’s accounts or be invoiced and billed directly for fees incurred.
   PAYMENT OF FINANCIAL PLANNING FEES
   Financial planning fees may be paid monthly or quarterly, partially in advance, or paid in arrears upon completion,
   as outlined in the agreement. Clients may elect to pay by check or electronic funds transfer initiated by the client.
   PAYMENT OF TAX PREPARATION FEES
   Tax preparation fees are paid in arrears upon completion. Clients may elect to pay such fees by check, credit card,
   ACH transfer initiated by the client, or withdrawn directly from client’s account with client’s written authorization.
   PAYMENT OF FINANCIAL EDUCATION FEES
   GGWM does not charge a fee for attending any seminars or other speaking engagements.

                             GODSEY & GIBB WEALTH MANAGEMENT | www.godseyandgibb.com
                           P: (804) 285-7333 | F: (804) 285-9268 | compliance@godseyandgibb.com

C. CLIENT RESPONSIBILITY FOR THIRD PARTY FEES
   Clients are responsible for the payment of all third-party fees (i.e. custodian fees, brokerage fees, transaction fees,
   etc.). Such fees are separate and distinct from the fees and expenses charged by GGWM. Clients should note that
   similar advisory services may or may not be available from other registered or unregistered investment advisers for
   similar or lower fees. Please refer to Item 12 of this brochure for additional information.
D. PREPAYMENT OF FEES
   GGWM does not require or solicit payment of fees in excess of $1,200 more than three months in advance of services
   rendered. A client agreement may be canceled at any time, by either party, for any reason upon receipt of 30 days
   written notice. Upon termination of a written client agreement, any prepaid, unearned fees will be refunded.
E. OUTSIDE COMPENSATION FOR THE SALE OF SECURITIES TO CLIENTS
   GGWM and its supervised persons do not accept compensation for the sale of investment products, including asset-
   based sales charges or service fees from the sale of mutual funds to GGWM clients.

ITEM 7 – TYPES OF CLIENTS
GGWM generally provides advisory services to the following types of clients:
     • Individuals (other than high net worth individuals)
     • High-net-worth individuals
     • Banking or thrift institutions
     • Pension, and profit-sharing plans (other than plan participants)
     • Charitable organizations
     • Corporations or other business entities not listed above
To open an account, GGWM requires a minimum account of $500,000, which may be negotiated or waived by GGWM in
its sole discretion. For more details, please review the disclosures provided in Item 5.