HMV Wealth Advisors LLC

Item 5 – Fees and Compensation
In certain circumstances, all fees, portfolio minimums, and their applications to family circumstances
may be negotiable.

HMVWA has contracted with FPAS for services including trade processing, collection of management
fees, record maintenance, report preparation, marketing assistance, and research. HMVWA has also
contracted with FPAS for sub-advisory services with respect to client portfolios. HMVWA pays a fee for
FPAS’s services based on management fees paid to HMVWA on portfolios which use FPAS. The fee paid
by HMVWA to FPAS consists of a portion of the fees paid by clients to HMVWA and varies based on the
total client assets administered and/or sub-advised by FPAS through HMVWA. These fees are not
separately charged to clients. The fee charged by HMVWA to its clients includes all sub-advisory fees
charged by FPAS.

The specific manner in which fees are charged by HMVWA is established in the client’s written agreement
with HMVWA. Investment Management clients will be billed in advance at the beginning of each calendar
quarter based on the value of the client’s account(s) at the end of the previous quarter. Market value is
based on independent third-party sources or fair market value in the absence of market value. Fees for
new portfolios will be initially prorated based on the number of days remaining in the quarter in which the
portfolio is incepted (date of first trade). Client account balances on which HMVWA calculates fees may
vary from account custodial statements based on independent valuations and other accounting
variances, including mechanisms for including accrued interest on account statements.

For Investment Management Services and Employee Benefit Retirement Plan Services, HMVWA will
request authority from the client to receive quarterly payments directly from the client’s account held by
an independent third-party custodian. Clients may provide written limited authorization to HMVWA or its
designated service provider, FPAS, to withdraw fees from the account. Clients will receive custodial
statements showing the advisory fees debited from their account(s). Certain third-party administrators
and/or recordkeepers will calculate and debit HMVWA’s fee and remit such fee to HMVWA.

A client agreement may be canceled at any time, by either party, for any reason upon receipt of thirty (30)
days’ written notice. Upon termination of any account, the fees for the quarter will be prorated to the
effective date of the termination and any prepaid fees with respect to the period after the effective date of
the termination will be refunded. The client has the right to terminate an agreement without penalty
within five (5) business days after entering into the agreement.

HMVWA’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and
expenses which shall be incurred by the client. Clients may incur certain charges imposed by custodians,
brokers, third-party investment advisers, and other third parties such as fees charged by managers,
custodial fees, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees
and taxes on brokerage accounts and securities transactions. Mutual funds and ETFs also charge internal

management fees, which are disclosed in the fund’s prospectus. These fees will generally include a
management fee and other fund expenses. All fees paid to HMVWA for investment advisory services are
separate and distinct from the fees and expenses charged by mutual funds and ETFs to their
shareholders. Such charges, fees, and commissions are exclusive of and in addition to HMVWA’s fee, and
HMVWA shall not receive any portion of these commissions, fees, and costs.

Investment Management Services

In general, the annual fee for Investment Management Services will be charged as a percentage of assets
under management, according to the schedule below. The specific fee charged is included in the client’s
advisory agreement.

                   Assets Under Management                     Annual Fee (%)
                    On the first $1,000,000*                        1.00%
                    On the next $1,000,000                         0.70%
                    On the next $1,000,000                         0.50%
                    On the next $2,000,000                         0.40%
                   On all amounts thereafter                       0.35%
                            *HMVWA’s minimum portfolio size is $1,000,000

All accounts for members of the client’s family (husband, wife and dependent children) or related
business may be assessed fees based on the total balance of all accounts.

If an independent third-party adviser is utilized for separate account management, that adviser can
charge its own management fee. All fees and expenses charged by a separate account manager are
separate and distinct from HMVWA’s management fee and are withdrawn from the client’s account by the
separate account manager.

Employee Benefit Retirement Plan Services

In general, the annual fee for plan services will be charged as a percentage of assets within the plan.

 Assets Under Management         HMVWA’s Annual           FPAS’s Annual Fee (%)         Total Annual Fee
                                     Fee
  On the first $1,000,000*           0.70%                         0.20%                      0.90%
  On the next $4,000,000            0.45%                         0.15%                      0.60%
  On the next $5,000,000            0.25%                         0.08%                      0.33%
 On all amounts thereafter          0.15%                         0.05%                      0.20%

Item 7 – Types of Clients
HMVWA provides services to individuals, high-net-worth individuals, trusts, estates, partnerships,
corporations, other entities, charitable organizations and retirement plans. As stated above in Item 5, the
minimum portfolio size for clients working with HMVWA is generally $1,000,000 for Investment
Management Services. A minimum of $500,000 is generally required for management services of
portfolios of individual fixed income securities.