Hapanowicz & Associates Financial Services Inc

ITEM 5 – FEES AND COMPENSATION
In addition to the information provided in Item 4 – Advisory Business, this section provides details
regarding our services along with descriptions of each service’s fees and compensation
arrangements.

Immediate family members of Hapanowicz & Associates Financial Services, Inc.’s associated
persons may be offered a discounted fee. On occasion and at our complete discretion, discounts
may be offered to other clients as well.

Financial Planning
The fees for these services are generally based on the time required to perform the services and are
billed at a rate based upon the complexity of the client’s financial plan, subject to increases or
decreases upon further review. Hapanowicz & Associates Financial Services, Inc. also offers
consultation services on any topic of interest to the client. Consultation services can include
general non-securities advice on topics such as tax planning, estate planning and business
planning. The fees for these financial services are also included in the rate described above.
Hapanowicz does not provide legal or tax advice, however we do work well with your tax and legal
advisors.

Financial planning services automatically terminate upon presentation of the plan to the client or
upon completion of the consultation. Either party can also terminate the advisory agreement
before then by providing written notice to the other party. Termination will be effective upon receipt
of notice. If terminated within five business days of signing the advisory agreement, services are

Hapanowicz & Associates Financial Services, Inc.                                      Disclosure Brochure

terminated without penalty. If the agreement is terminated after five business days but prior to
completion of services, at the option of Hapanowicz & Associates Financial Services, Inc.’s
associated persons, clients may be responsible for the time expended, and expenses disbursed
prior to receipt of the termination notice. In this case, Hapanowicz & Associates Financial
Services, Inc. will provide clients with a statement detailing the time and expenses due.

Other Fee Terms for Financial Planning & Consulting Services
You may pay the investment advisory fees owed for the financial planning services by submitting
payment directly (for example, by check) or having the fee deducted from an existing investment
account.

If you elect to pay by automatic deduction from an existing investment account, you will provide
written authorization to Hapanowicz & Associates Financial Services, Inc. for such charge.
You should notify Hapanowicz & Associates Financial Services, Inc. within ten (10) days of receipt
of an invoice if you have questions about or dispute any billing entry.

As a part of our Financial Planning and Financial Consulting Services Hapanowicz has entered into
agreements with Accountants and Attorneys to provide support to our financial planning and
consulting services. Hapanowicz will be responsible for the payment of the fees for the services of
all professionals we engage, and you will not be required to reimburse us for such payments.
Clients may decide to engage the Accountant or Attorney utilized by Hapanowicz separate from our
planning or consulting services. In these instances, you will be responsible for the payment of the
fees for the services of these professionals.

Hapanowicz SWM (Strategic Wealth Investment Management) Program
The annual investment advisory fee charged shall vary up to 2.0% of the assets held in the account
and is determined by the market value of the account, asset types, the client’s financial situation
and trading activity, and is negotiable with the client. The annual fee shall be divided and payable
quarterly in advance through a direct debit in the client account. Hapanowicz is responsible for
calculating and instructing the custodian to debit fees from client accounts. Clients must provide
the qualified custodian written authorization to debit advisory fees from their accounts and pay
such fees to Hapanowicz. Fees are based on the account's asset value as of the last business day
of the prior calendar quarter. Fees for accounts opened at any time other than the beginning of a
quarter will be prorated based on the number of days remaining in the initial quarter. Advisory fees
for the current calendar quarter are based on the Account's asset value as of the last business day
of the prior calendarquarter. For billing purposes, the market value used by Advisor in calculating
the quarterly advisory fee will vary from the market value reported in the account statements sent
by the qualified custodian due to the timing differences associated with the receipt of dividends
and interest. Fees for Accounts opened at any time other than the beginning of a quarter will be
based on the value of assets when the Account is opened and will beprorated based on the number
of days remaining in the initial quarter. In addition, any additions to or withdrawals from the
Account during the quarter will be prorated, based on the number of days remaining in the quarter,
for the purpose of calculating the advisory fee. The minimum household account size is $1,000,000
with the exception of $300,000 for family members of existing clients. Exceptions to these
minimums may be granted at the discretion of the firm.

Clients may incur certain charges imposed by third parties other than Hapanowicz in connection
with investments made through the account, including but not limited to, 12b-1 fees and surrender

Hapanowicz & Associates Financial Services, Inc.                                    Disclosure Brochure

charges and IRA and qualified retirement plan fees. Management fees charged by Hapanowicz
(which include transaction and execution fees charged by the qualified custodian for Hapanowicz
SWM

In a brokerage account, the client is charged commissions for each transaction, and the
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ITEM 7 – TYPES OF CLIENTS
Hapanowicz & Associates Financial Services, Inc. generally provides investment advice to the
following types of clients:

Individuals
    •    High Net Worth Individuals
    •    Pension and profit-sharing plans
    •    Trusts, family partnerships, estates and charitable organizations
    •    Corporations and business entities other than those listed above

Minimum Investment Amount Guidelines
    •    Hapanowicz & Associates Financial Services, Inc. recommends a minimum investment
         amount of $1,000,000 for establishing and maintaining a Hapanowicz SWM Account. Under
         certain circumstances, accounts below $1,000,000 will be considered and may be
         accepted at the sole discretion of Hapanowicz & Associates Financial Services, Inc.