Hewell Financial Group Inc

Item 5: Fees and Compensation
Method of Compensation and Fee Schedule
ASSET MANAGEMENT
HFG offers discretionary direct asset management services to advisory Clients for a fee of
no more than 1.25% annually. This is a flat rate fee schedule, the entire portfolio is charged
the same asset management fee. For example, a Client with $750,000 under management
would pay $9,375 on an annual basis. $750,000 x 1.25% = $9,375.
The annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of
assets, anticipated future earning capacity, anticipated future additional assets, dollar
amounts of assets to be managed, related accounts, account composition, negotiations with
Clients, etc.). Fees are billed quarterly in advance based on the amount of assets managed
as of the close of business on the last business day of the previous quarter.
Lower fees for comparable services may be available from other sources. Clients may
terminate their account within five (5) business days of signing the Investment Advisory
Agreement with no obligation and without penalty. After the initial five (5) business days,
the agreement may be terminated by HFG with thirty (30) days written notice to Client and
by the Client at any time with written notice to HFG. If cash and/or securities are deposited
into or withdrawn from an existing account mid billing period a prorated fee will be
charged for that portion of the account. For accounts opened or closed mid-billing period,
fees will be prorated based on the days services are provided during the given period. All
unearned fees will be refunded to the Client. Client shall be given thirty (30) days prior
written notice of any increase in fees. Any increase in fees will be acknowledged in writing
by both parties before any increase in said fees occurs.
Accounts on the AssetMark Platform are assessed a Total Account Fee. The fees applicable
to each Account on the AssetMark Platform may include:
   1. Our maximum annual fee of 1.25%,

   2. Combined Platform fee, which will now include the Custody Fee and any Strategist
      or Manager Supplemental Fee, if applicable,
Other fees for special services may also be charged. The Client should consider all
applicable fees.
Client fees are payable quarterly, in advance, based on the assets under management. If
cash and/or securities are deposited into or withdrawn from an existing account mid
billing period a prorated fee will be charged for that portion of the account. The net
difference of the recalculated fees and the prior fees paid, if there are multiple such events
in the same billing period, will be combined at the next billing period and therefore may
result in a credit or debit to the account. Client may terminate AssetMark accounts at any
time and receive a full pro-rata refund on any unearned fees.
Fees and compensation for using the AssetMark Platform, are provided in more detail in
the AssetMark Platform Disclosure Brochure. Discretionary Manager Fee Schedule are
included in the Client Billing Authorization or the Appendix A to the Client Service
Agreement.
ERISA PLAN SERVICES
The annual fees are based on the market value of the Included Assets and will not exceed
1%. Fees may be charged quarterly or monthly in arrears or in advance based on the assets
as calculated by the custodian or record keeper of the Included Assets (without
adjustments for anticipated withdrawals by Plan participants or other anticipated or
scheduled transfers or distribution of assets) on the last business day of the previous
quarter or month. If the services to be provided start any time other than the first day of a
quarter or month, the fee will be prorated based on the number of days remaining in the
quarter or month. If this Agreement is terminated prior to the end of the fee period, we
shall be entitled to a prorated fee based on the number of days during the fee period
services were provided or Client will be due a prorated refund of fees for days services
were not provided in the billing cycle.
The fee schedule, which includes compensation for our services is described in detail in
Schedule A of the ERISA Plan Agreement. The Plan is obligated to pay the fees, however the
Plan Sponsor may elect to pay the fees. Client may elect to be billed directly or have fees
deducted from Plan Assets. We do not reasonably expect to receive any additional
compensation, directly or indirectly, for our services under this Agreement. If additional
compensation is received, we will disclose this compensation, the services rendered, and
the payer of compensation. We will offset the compensation against the fees agreed upon
under this Agreement.

FINANCIAL PLANNING AND CONSULTING
The Financial Planning Fee is determined based on the nature of the services being
provided and the complexity of each client’s circumstances. All fees are agreed upon prior
to entering into a contract with any client.
Our Financial Planning fees may be calculated and charged on a fixed fee basis, typically
ranging from $1,500 to $5,000 depending on the specific arrangement reached with the
client. Calculation of the fee is based on a $300 hourly rate.

We may request a retainer upon completion of our initial fact-finding session with the
client; however, advance payment will never exceed $1,200 for work that will not be
completed within six months. The balance is due upon completion of the plan.
The client is billed quarterly in arrears based on actual hours accrued.
We charge an hourly fee of $300 for one-time consulting arrangements with Administrative
hours billed at $75 per hour. Although the length of time it will take to provide a Financial
Plan will depend on each client’s personal situation, we will provide an estimate for the
total hours at the start of the advisory relationship. Prior to the process the client will be
provided an estimated plan fee. The payments are received in two installments; 50% at the
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Item 7: Types of Clients
Description
HFG generally provides investment advice to individuals and high net worth individuals,
trusts, estates, charitable organizations, 401(k) Plans and businesses. Client relationships
vary in scope and length of service.

Account Minimums
HFG does not require a minimum to open an account.