Heritage Wealth Management Group Ltd

Item 5: Fees and Compensation
  A. Adviser is compensated for its Investment Management and Comprehensive Financial Planning
     advisory services either by fees charged based on a client’s assets under management with
     Adviser or by a flat annual fee of between $1,000 and $12,500 paid semi-annually, quarterly, or
     monthly in advance. Fees are negotiable, and each client’s specific fee schedule is included as
     part of the investment advisory agreement signed by Adviser and the client. Certain clients are
     charged pursuant to a different fee schedule than specifically described herein.

      Adviser’s standard asset-based fee schedule is set forth below:

           Client Assets Under Management                          Annual Fee Percentage
                                                                      (paid quarterly)
                 For the first $1,000,000                                  1.10%
             From $1,000,001 to $2,000,000                                 1.00%
             From $2,000,001 to $3,000,000                                 0.90%
             From $3,000,001 to $4,000,000                                 0.80%
             From $4,000,001 to $5,000,000                                 0.70%
            For any amount above $5,000,000                                0.60%

      Fees may also be negotiated individually with some clients and may differ from the fees shown in the
      table, depending on portfolio size, the types of investments, and the services required. In some
      circumstances, negotiated fees may result in different fees being charged for similar services, and
      possibly on a different billing cycle.

      Pension Consulting Fees

      Pension consulting fees can be charged monthly, quarterly, or semi-annually in advance for
      ongoing pension consulting services or a one-time flat fee for project-based, one-time
      engagements. Each engagement is individually negotiated and tailored to accommodate the
      needs of the individual plan sponsor, as memorialized in the advisory agreement.

      Pension consulting fees are generally quoted as a flat fee based on the estimated number of
      hours required for us to deliver the specific pension consulting services requested, and generally
      range between $1,000 and $12,500.

      For ongoing services, we generally charge an ongoing flat annual fee that is paid monthly,
      quarterly, or semi-annually in advance, and that ranges between $1,000 to $12,500 per year.

      Financial Planning Fees

      Financial planning may be offered on a flat fee basis as a standalone service that does not
      include investment management services. The flat fee will be agreed upon before the start of any
      work and paid by check, ACH withdrawal, or debit/credit card through an independent and
      unaffiliated third-party payment processor. The flat fee generally ranges between $1,000 and
      $12,500, and we generally charge the entirety of the flat fee at the beginning of the financial
      planning engagement.

      Alternatively, a client may request that only $1,000 be due at the beginning of the engagement,
      with the remainder due at the completion of work. If the client decides to engage HWMG for
      investment advisory services within 30 days of receipt of Financial Plan, the Financial Planning
      Fee paid will be applied to investment advisory fees, provided that Client’s advisory fees are in
      excess of the fees due under this Agreement.

    In limited circumstances, Adviser alternatively offers financial planning services on an hourly
    basis at a rate of up to $500 per hour, charged upon completion of the agreed-upon scope of
    financial planning services to be rendered and payable electronically via check, ACH, debit card,
    or credit card through an independent and unaffiliated third-party payment processor.

B. The asset-based fee schedule above is a “tiered” or “blended” fee schedule, which means that
   different annual fee percentages will apply to different ranges of client assets under Adviser’s
   management. For example, an account value of $2.5 million shall be billed such that the first $1
   million is charged at 1.10% per annum, with the next $1 million charged at 1.0% per annum, and
   the remaining $500,000 is charged at 0.70% per annum. Client deposits into an account are
   billed pro-rata based on the number of days remaining in the applicable billing quarter from the
   date of the deposit, and client withdrawals from an account are refunded pro-rata based on the
   number of days remaining in the applicable billing quarter from the date of withdrawal. Pro-rata
   billing and refunding amounts are based on the aggregate value of the account, as shown in the
   above fee table, including the applicable deposit(s) and withdrawal(s). Fees are generally
   deducted in advance on a quarterly basis from clients’ assets and based upon the market value
   of such assets managed by Adviser as of the last business day of the prior calendar quarter
   (inclusive of cash, securities, and other investment positions).

C. In addition to the fees charged by Adviser, clients will incur brokerage and other transaction costs.
   Please refer to Item 12: Brokerage Practices, for further information on such brokerage and other
   transaction-related practices. Depending on the specific investment products held in a client’s
   account and the services provided, a client may also incur additional fees and costs charged by
   other independent and unaffiliated third-parties. Such additional fees and costs may include, but
   are not necessarily limited to, the internal fees and costs of an investment product (like a mutual
   fund or exchange traded fund), margin interest, account or asset transfer fees, subadvisory or
   third-party investment manager fees, account type fees, early redemption charges, market-maker
...

Item 7: Types of Clients
Adviser generally provides its services to individuals, high-net-worth individuals, charitable
organizations, corporations or other business entities, and pension or profit-sharing plans. Adviser does
not require a minimum account value to open or maintain an account.