Hayes Wealth Advisors LLC

Item 5 – Fees and Compensation

Financial Planning Fees
When we provide stand-alone financial planning services to you, these fees are negotiated at the time of the
engagement for such services and are based on the scope of the engagement with a 6 month timeframe for
completion and delivery of the financial plan. Planning fees consist of an initial charge that generally ranges from
$6,000 to $12,000, and an annual update fee of $1,500 or higher. The annual update fee will be due at the one
(1) year anniversary of the plan delivery but not more than $500 in advance of fees being earned. All fees are
agreed upon in advance. Fees for this service may be debited from a managed account or may be paid by check.
If a client engages HWA to provide investment management service, the second portion of the financial planning
may be waived. HWA will not accept payment of more than $500 six (6) month in advance.
The initial portion of the financial planning fee is for client onboarding, data gathering, and setting the basis for
the financial plan. This work will commence immediately after one-half of the agreed-upon fee is paid, with the
balance due upon completion and delivery of the Plan.
Either you or HWA may terminate your Financial Planning Agreement at any time, subject to any written notice
requirements in the agreement. Upon termination of financial planning services, after five (5) the fee will be
prorated based on our estimation of the proportion of work that has been completed, and any unearned pre-
paid fee will be refunded to you. Any earned unpaid fee will be due to HWA. Lower fees for comparable services
may be available from other sources.

Portfolio Management Fees
The blended annualized fee schedule, regardless of account type, is based on a percentage of assets under
management, as follows:

                               Portfolio Value                       Annual Billing Rate
                               First $1,000,000                        0.35% to 1.20%
                               Next $4,000,000                         0.35% to 0.90%
                               Balance over $5,000,000                 0.35% to 0.65%

In addition to the assets under management, the fee charged per account is based on the scope and complexity of
the account as well as the amount of time and expertise required.

 Disclosure Brochure

There is a minimum annual fee of up to $6,000. We may, at our discretion, make exceptions to the foregoing or
negotiate special fee arrangements where we deem it appropriate under the circumstances.

Portfolio management fees are payable quarterly, in arrears as of the value on the last day of the previous quarter.
If management begins after the start of a quarter, fees will be prorated accordingly. Fees are debited directly
from your account(s). HWA will send a copy of its invoice to the custodian at the same time that it sends the Client a
copy.

    •   The custodian will send at least quarterly statements to the Client showing all disbursements for the
        account, including the amount of the advisory fee; and
    •   The Client will provide written authorization to HWA, permitting them to be paid directly for their accounts
        held by the custodian.

Either you or HWA may terminate your Investment Management Agreement at any time, subject to any
written notice requirements in the agreement. In the event of termination, after 5 days any fees due to us
from you will be invoiced or deducted from your account prior to termination.

When a copy of the Brochure Document(s) are not provided to the client at least 48 hours prior to signing the
contract(s), client has five business days in which to cancel the contract, without penalty or fees.

Mutual Fund Share Class Disclosures
Section 206 of the Investment Advisers Act of 1940 (“Advisers Act”) imposes a fiduciary duty to act in a client’s best
interests and specifically prohibits investment advisers, directly or indirectly, from engaging in any transaction,
practice, or course of business which operates as a fraud or deceit upon any client or prospective client.

The purpose of 12b-1 fees, as approved by the SEC, are to cover marketing expenses and shareholder services such
as the support services. The more beneficial share class depends on an analysis of all fees including ticket charges
and expected 12b-1 fees. Investing in a 12b-1 fee paying share class can be less expensive for a client than investing
in a share class with a lower expense ratio if the ticket charges on the lower-cost share class exceed the amount of
ongoing 12b-1 fees.

HWA will only hold mutual funds that pay a 12b-1 fee in very limited circumstances. Any such holding will not be
subject to an advisory fee.

Legacy Mutual Fund Holdings
When the client transfers assets into a managed account, the portfolio advisor will review the client’s mutual fund
holdings. If not one of Advisor’s recommended funds, the mutual fund will generally be sold unless the client needs
to avoid a taxable gain or directs the Company to hold the position. In some circumstances, if the legacy holding fits
into the asset allocation of the portfolio, it may be held going forward.

When legacy holdings are maintained in a client’s account, the firm is responsible for conducting an initial analysis of
the mutual fund share class that he or she believes is in the client’s best interest to hold based on the account size,
investment strategy and eligibility requirements.

 Disclosure Brochure

If in the client’s best interest to convert to an alternative share class and the position meets the minimum
investment and eligibility criteria, Advisor will place instructions for the custodian to convert the position on its next
available share class conversion date. If not converted, the position will be re-evaluated during the next account
review. All steps taken will be documented either in the client’s file or in the trading records of the firm.
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Item 7 – Types of Clients
We serve individuals, high net worth individuals, pension and profit-sharing plans, and corporations. We do not
generally impose a minimum portfolio value for conventional investment management services or a minimum fee.