Guardian Wealth Management LLC

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees

         Total Assets Under Management                     Annual Fee
               Less than $1,000,000                          0.90%
                $1,000,000 or more                           0.75%

These fees are negotiable and will vary based on factors that include, but are not limited
to, the amount of assets under management, the number of accounts a client will have,
the overall complexity of the client’s situation and other factors important to the
particular client.
Because fees are negotiable, clients can be charged different rates. For example, some
clients are charged more than 0.75% on assets exceeding $1,000,000 and some clients are
charged less than 0.75%.
The final fee schedule is attached as Exhibit II of the Investment Advisory Contract. Fees
are paid quarterly in advance, and clients may terminate their contracts with five days’
written notice. Refunds are given on a prorated basis, based on the number of days
remaining in a quarter at the point of termination. Fees that are collected in advance will
be refunded based on the prorated amount of work completed up to the day of
termination within the quarter terminated. The fee refunded will be the balance of the
fees collected in advance minus the daily rate* times the number of days in the quarter
up to and including the day of termination. (*The daily rate is calculated by dividing
the quarterly AUM fee by the number of days in the termination quarter).

Clients may terminate their contracts without penalty, for full refund, within 5 business
days of signing the advisory contract.

GWM will meet the following five conditions when withdrawing fees directly from
client accounts.

1) GWM will obtain written authorization from the client permitting the adviser’s fees
   to be paid directly from the client’s account held by the independent custodian.
2) GWM will ensure the independent custodian will send the client, at least quarterly, a
   statement indicating all amounts disbursed from the account.
3) GWM will send a statement to clients showing the amount of the fee, the value of the
   client’s assets upon which the fee was based, and the specific manner in which the
   fee was calculated.
4) GWM will disclose to clients that it is the client’s responsibility to verify the accuracy

   of the fee calculation and that the custodian will not determine whether the fee is
   properly calculated.
5) GWM will send a bill to the custodian indicating the amount of the fee to be paid by
   the custodian to GWM.

Financial Planning Fees

GWM provides initial financial plans for a fixed fee of $750. Updates to the financial
plan can be provided for a fixed fee of $250.

You are required to pay in advance 100% of the fixed fee (which is our standard, non-
negotiable fee assessed to all clients receiving this service) at the time you execute an
agreement with GWM.

The $750 fixed fee for an initial financial plan and $250 fixed fee for updates to the initial
plan is waived for our Investment Supervisory Services clients that have at least
$500,000 of investable assets under management with GWM.

Financial planning services terminate thirty (30) days following the delivery of the
written financial plan or either you or GWM providing the other party with written
notice.

B. Payment of Fees

Payment of Investment Supervisory Fees

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. Fees are paid quarterly in advance.

Payment of Financial Planning Fees

Financial planning fees are paid by check.

C. Clients Are Responsible For Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees, mutual
fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by GWM. Please see Item 12 of this brochure regarding
broker/custodian.
To the extent that you personally engage such an outside professional (i.e. attorney,
independent investment adviser or accountant) while GWM is providing financial
planning services to you, you will be responsible for the payment of the fees for the
services of such an outside professional, and GWM will not be required to reimburse
you for such payments. Fees for the services of an outside professional (i.e. attorney,
independent investment adviser or accountant) will be in addition to and separate from

       the fees charged by GWM, and you will be responsible for the payment of the fees for
       the services of such an outside professional. In no event will the services of an outside
       professional be engaged without your express approval.
       All fees paid to GWM for financial planning services are separate and distinct from the
       commissions charged by a broker-dealer or asset management fees charged by an
       investment adviser to implement such recommendations.
       If you elect to implement the recommendations of GWM through our other Investment
       Advisory Service and have at least $500,000 of assets under management, GWM will
       waive the fixed fee for financial planning services.

       D. Prepayment of Fees

       Prepayment of Investment Supervisory Fees
       GWM collects fees in advance. Fees that are collected in advance will be refunded based
       on the prorated amount of work completed at the point of termination and the total days
       during the billing period. Fees will be deposited back into client’s account within
       fourteen.
       Prepayment of Financial Planning Fees
       If you terminate the financial planning services after entering into an agreement with us,
       you will be responsible for any financial planning services performed by GWM prior to
       the receipt by GWM of your notice of termination. You will owe GWM a pro-rated
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Item 7: Types of Clients
GWM generally provides management supervisory services to the following Types of Clients:

           Individuals
           High-Net-Worth Individuals

       Minimum Account Size

       There is an account minimum, $1,000,000, which may be waived by the investment
       advisor, based on the needs of the client and the complexity of the situation.