Haire Wealth Management Inc

Item 5       Fees and Compensation

Financial Planning Fees

We charge a flat or hourly fee for financial planning services. Flat fees are generally $1,000 to
$5,000, whereas our hourly rate is typically $500 per hour. Fees are negotiated on a case-by-
case basis depending on the size, complexity, and nature of your portfolio and will be detailed
in the agreement with you. Financial planning services fees are typically not offset against any
investment management fee payable to us unless otherwise outlined in the agreement. We can
waive the fees for financial planning services at our discretion. This practice creates a conflict
of interest because some clients will pay more than others for financial planning services.

We will invoice you for our financial planning services. Refunds are not provided. You have the
right to terminate a financial planning agreement without penalty within five (5) business days
after signing the agreement. After that, the agreement automatically terminates upon delivery of
the financial plan. We can also terminate the provision of financial planning by giving written
notice to you or upon certain events described in the agreement.

Investment Management

Investment advisory fees for investment management services are based on the value of
assets we manage calculated as a percentage of assets under management. This fee
compensates us for advisory services and portfolio management. The minimum investment is
$500,000, though we may accept smaller accounts at our discretion. We charge a fee of no
more than 1.35% annually for our investment management services. The specific amount of the
advisory fee will be detailed in the agreement you sign when establishing the relationship.

The investment advisory fee is negotiated individually with each client based on the size,
complexity, and nature of the managed portfolio, and will be detailed in the investment
management agreement. Because these fees are negotiated, not all clients pay the same
amount. You can pay a higher or lower fee depending on factors such as the size of your
account, how long you have maintained a relationship with us or our IAR, and/or the combined
market value of related portfolios. While we believe our investment advisory fees are
competitive, you may find lower or higher fees for similar services elsewhere.

The custodian will deduct our advisory fee quarterly in advance; however, for the initial fee deduction, it
will deduct the our advisory fee at the beginning of the quarter following the establishment of your
account and will include a prorated fee for the initial quarter in addition to the quarterly advisory fee
for the upcoming quarter. Subsequent fee deductions will be made at the beginning of each quarter
based on the value of the account assets as of the close of business on the last business day of the
preceding quarter. Additional deposits and withdrawals will be added or subtracted from the assets,
which may lead to an adjustment of the our advisory fee. If we or you notify the custodian of the
termination or deactivation of the account’s advisory account status at the custodian, the custodian
will process a prorated refund of our advisory fees that were prepaid based upon the number of
days remaining in the quarter after the notice of termination to the custodian. These asset-based
fees apply to all billable assets under management, including securities, cash, and money
market funds. We can revise the investment advisory fee outlined in the agreement at any time,
provided that you receive at least 30 days’ written notice.

We may, but are not obligated to, group or “household” certain related client accounts to
achieve efficiencies in reporting and monitoring overall investment objectives. A “household” is

generally defined as a group of accounts associated with the same family. Householding of
accounts is also a factor we consider when negotiating fees. This practice creates a conflict of
interest because some clients will pay more than other clients for investment management.

Automatic Debiting of Investment Advisory Fees

When you open an account with us, you authorize and instruct the custodian to deduct the
investment advisory fee from your account. This causes the custodian to send the payment
directly to us. If your account does not have enough cash or money market funds to cover our
advisory fee, or if automatic debiting is restricted, you will need to deposit additional funds
(subject to certain restrictions for IRA accounts and qualified retirement plans) or make an
alternative payment acceptable to us. If additional funds are not deposited, securities in your
account will be liquidated in an amount sufficient to cover such debits.

Fees for LPL Financial Sponsored Advisory Programs

The account fee charged to you for each LPL advisory program is negotiable, subject to the
following maximum account fees of 2.50% for OMP and 2.95% for MWP. The MWP account
fee consists of an advisory fee of up to 2.35% annually and a manager fee of up to 0.60%. See
the MWP program brochure for more information. Account fees are payable quarterly in
advance. LPL serves as program sponsor, co-investment adviser and broker-dealer for the LPL
advisory programs.

We and LPL share in the account fee and other fees associated with program accounts. Our
IARs are also registered representatives of LPL.

Certain Conflicts of Interest related to LPL Financial Sponsored Advisory Programs

We receive compensation as a result of a client’s participation in an LPL program. Depending
on, among other things, the type and size of the account, type of securities held in the account,
changes in its value over time, the ability to negotiate fees or commissions, the historical or
expected size or number of transactions, and the number and range of supplementary advisory
and client-related services provided to the client, the amount of this compensation may be more
...

Item 7        Types of Clients

We generally offer advisory services to individuals, corporations, other business entities, and
trusts. A minimum investment of $500,000 is required for investment management services.
However, we accept smaller accounts at our discretion.

When we provide investment advice to you regarding your retirement plan or individual
retirement account, we are fiduciaries within the meaning of Title I of ERISA and/or the Internal
Revenue Code, as applicable, which are laws governing retirement accounts. The way we
make money creates some conflicts with retirement clients’ interests, so we operate under a
special rule that requires us to act in retirement clients’ best interests and not put our interests
ahead of theirs.

Under this regulation’s provisions, we must:

   •     Meet a professional standard of care when making investment recommendations (give
         prudent advice);

   •     Not put our financial interests ahead of a retirement client’s when making
         recommendations (give loyal advice);

   •     Avoid misleading statements about conflicts of interest, fees, and investments;

   •     Follow policies and procedures designed to ensure that we give advice that is in a
         retirement client’s best interest;

   •     Charge no more than is reasonable for our services; and

   •     Give a retirement client basic information about conflicts of interest.

We have an economic incentive to encourage you to rollover a retirement plan or IRA into an
IRA we manage. This arrangement creates a conflict of interest in that it creates an incentive
for us to recommend that you rollover their account for advisory services rather than retaining it
with an unaffiliated third party.