Heritage Strategic Wealth LLC

ITEM 5. FEES AND COMPENSATION
FEE SCHEDULE
INVESTMENT MANAGEMENT FEES

Your fee will be calculated on a quarterly basis and is paid in arrears. The Firm uses the value
of the account as of the last business day of the billing period, after taking into account deposits
and withdrawals, for purposes of determining the market value of the assets upon which the
advisory fee is based. That amount is then multiplied by the fee percentage, which results in an
annualized fee. The annualized fee is divided by four to arrive at the quarterly fee you will be
charged.

The Firm’s fee may be negotiated but is generally 0.75% of the assets we manage on your behalf.
HSW’s annual fee is exclusive of, and in addition to, brokerage commissions, transaction fees,
and other related costs and expenses incurred by the client. HSW does not, however, receive
any portion of these commissions, fees, and costs. There is no minimum account size. As
previously mentioned in Item 4, and further reiterated below, HSW’s management fee may also
include financial planning services.

The specific annual fee schedule is identified in the Agreement between us. Your fee structure
will never change from that contained in your Agreement with us unless agreed to in writing
by you and made a part of your Agreement.

We request that you authorize and direct the custodian of your account(s) to pay our fees
directly to us from the portfolio. However, it is your option to authorize this process, and if you
do not approve of the direct deduction from your account, we will submit periodic invoices
directly to you or the custodian, as you request.

Our employees, their family members, and our proprietary accounts, such as a Firm 401k plan,
may be exempt from management fees charged by us to manage these accounts.

FINANCIAL PLANNING FEES

As previously mentioned in Item 4 - Advisory Business, financial planning services are generally
offered at no additional cost to all ongoing investment management clients.

FEES CHARGED BY FINANCIAL INSTITUTIONS
As further discussed in response to Item 12 (below), HSW will generally utilize Charles Schwab
& Co., Inc. (“Schwab”), a registered broker-dealer and member SIPC, which provides custody,
brokerage, and related services to the Firm, including through its advisor platform.

HSW may only implement its investment management strategy after the client has arranged for
and furnished HSW with all information and authorization regarding accounts it establishes
with the broker and custodian (“Financial Institutions”).

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Clients may incur certain charges imposed by the Financial Institutions and other third parties
such as custodial fees, charges imposed directly by a mutual fund or ETF in the account, which
are disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses),
deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund
fees, and other fees and taxes on brokerage accounts and securities transactions. Additionally,
for assets outside of any wrap fee programs, clients may incur brokerage commissions and
transaction fees. Such charges, fees and commissions are exclusive of and in addition to HSW’s
fee.

HSW’s Agreement and the separate agreement with any Financial Institution may authorize the
Financial Institution to debit your account for the amount of HSW’s fee and to directly remit
that management fee to HSW. The Financial Institution has agreed to send a statement to the
client, at least quarterly, identifying all amounts disbursed from the account including the
amount of management fees paid directly to HSW. Alternatively, clients may elect to have HSW
send an invoice for payment.

OTHER FEES
A portion or all of your assets may be invested in third-party mutual funds or exchange-traded
funds. Each fund charges an annual internal management fee, represented as an expense ratio,
as outlined in the fund’s prospectus. This management fee is deducted directly from the assets
you have invested in that fund. In addition, when invested in a mutual fund or exchange-traded
fund, you will indirectly bear your pro rata share of the fees, expenses, and charges described
in the fund’s prospectus. These may include, but are not limited to, investment management
fees, shareholder servicing fees, legal and audit expenses, custodial fees, and transaction costs
such as brokerage and execution charges, markups, and commissions. We do not receive any of
these fees; however, they represent additional costs that you incur in connection with your
investments.

Certain funds may also invest in other investment companies, which results in “acquired fund
fees and expenses.” In these cases, a fund’s reported expense ratio may include not only its own
operating expenses, but also a portion of the expenses of the underlying funds in which it
invests. As a result, the expense ratio may appear higher than that of a fund that does not invest
in other funds. These underlying expenses are not charged to you separately, but are reflected
in the performance of the underlying investments and therefore indirectly impact returns.

While we attempt to purchase the lowest cost share class available based on the size of your
investment and any applicable relationship benefits, and we generally utilize “no-load” funds,
there may be circumstances where we are unable to do so. Depending on factors such as
investment minimums, overall costs, and transaction fees, the selected share class may have
higher expenses, which can reduce investment returns. If a fund imposes a sales charge, you
may pay an initial or deferred sales charge. At no time will we select a higher-cost share class
for the purpose of receiving additional compensation. Our Firm does not receive 12b-1 fees and

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ITEM 7. TYPES OF CLIENTS
HSW generally provides advisory services to the following types of clients:

    Individuals
    High-Net-Worth Individuals
    Corporations
This list is not exhaustive, and HSW may provide advisory services to other types of clients as
appropriate.

There is no account minimum for any of HSW’s services.

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