Grey Fox Wealth Advisors 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 a written
agreement with the Advisor.

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

                Assets Under Management ($)              Annual Rate (%)
                Up to $1,000,000                         1.00%
                $1,000,001 to $2,500,000                 0.85%
                $2,500,001 to $5,000,000                 0.65%
                $5,000,001 to $10,000,000                0.50%
                $10,000,001 to $20,000,000               0.40%
                $20,000,001 and Over                     0.30%

                                            Grey Fox Wealth Advisors, LLC
                                  100 South Rockland Falls Road, Rockland, DE 19732
                                                Phone: (302) 482-3211

                                             http://www.greyfoxwealth.com

The investment advisory 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 at the Custodian and through
Non-Custodial Partnerships. All securities held in accounts managed by Grey Fox Wealth will be independently
valued by the Custodian. Non-custodial accounts will be independently valued by a third-party. Grey Fox Wealth
will not have the authority or responsibility to value portfolio securities.

As noted in Item 4, Grey Fox Wealth may charge its standard, assets-under-management fee schedule for
non-discretionary recommendations for a Client’s “Held-Away Assets.”

The Advisor’s fee is exclusive of, and in addition to, brokerage fees, transaction fees, and other related costs and
expenses, which may be incurred by the Client. However, the Advisor shall not receive any portion of these
commissions, fees, and costs.

Financial Planning and Consulting Services
Financial planning and consulting services are most often incorporated into the private wealth management
services. However, in certain circumstances, these financial planning and consulting services can be offered
independently on a fixed, fee-only, and/or contract-based structure.

For specific, fee-only financial planning projects, financial consulting projects may be designed based on the
type, timeline, and complexity of the individual situation. Contracts will be in writing and will include specific fee
arrangements, start and end dates, and a method of fee calculation. In general, fees will be charged on an
hourly-basis ($450 - $550 per hour) and will be paid in advance.

Once the financial consulting project has been completed or in the case of early termination, any fees that
exceed that amount of actual time required will be returned, by check, as appropriate.

Pension Consulting and Retirement Plan Advisory Services
Fees for pension consulting services are negotiable and are charged an annual asset-based fee of 0.15% for all
assets under management and are billed in advance pursuant to the terms of the pension consulting agreement.

Fees for retirement plan advisory services are charged an annual asset-based fee of up to 1.00% and are billed
in advance pursuant to the terms of the retirement plan advisory agreement. Retirement plan advisory fees are
based on the market value of assets under management at the end of the prior calendar quarter. Fees may be
negotiable depending on the size and complexity of the Plan.

B. Fee Billing
Wealth Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s]
at the Custodian or paid via check. If deducted from the Client 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. If paid via check, the Advisor will send an invoice to the Client. The
amount due is calculated by applying the quarterly rate (annual rate divided by 4) to the total assets under
management with Grey Fox Wealth at the end of the prior quarter. Clients will be provided with a statement, at
least quarterly, from the Custodian reflecting deduction of the investment advisory fee. In addition, the Advisor
will provide the Client a report itemizing the fee, including the calculation period covered by the fee, the account
value and the methodology used to calculate the fee. It is the responsibility of the Client to verify the accuracy of
these fees as listed on the Custodian’s brokerage statement as the Custodian does not assume this
responsibility. Clients provide written authorization permitting advisory fees to be deducted by Grey Fox Wealth to
be paid directly from their account[s] held by the Custodian as part of the investment advisory agreement and
separate account forms provided by the Custodian.

                                              Grey Fox Wealth Advisors, LLC
                                    100 South Rockland Falls Road, Rockland, DE 19732
                                                  Phone: (302) 482-3211

                                               http://www.greyfoxwealth.com

Pension Consulting and Retirement Plan Advisory Services
Pension consulting fees are withdrawn directly from the client’s account with the client’s written authorization.
...

Item 7 – Types of Clients
Grey Fox Wealth offers investment advisory services to individuals, high net worth individuals, small businesses,
and retirement plans in the State of Delaware and in other states. The number of each type of Client is available
on Grey Fox Wealth’s Form ADV Part 1A. These numbers may change over time and are updated at least
annually by the Advisor. Grey Fox Wealth does not have a “minimum account size” requirement. ​