Horizon Wealth Advisors LLC

Item 5 – Fees and Compensation

In addition to the information provide in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation
arrangements.

Services and Fees

Financial Planning and Consulting
Horizon Wealth Advisors may provide general financial planning and consulting services to you focusing
on your specific needs and concerns. Financial planning and consulting services may include giving
advice on investment and non-investment related matters. While financial planning services are provided
with the intention of the client implementing investment recommendations made within the
planning/consulting services through Horizon Wealth Advisors, clients are not obligated to do so. Horizon
Wealth Advisors does not charge fees for financial planning and consulting services. However, if the
client chooses to implement the financial planning or consulting advice provided by Horizon Wealth
Advisors, through Horizon Wealth Advisors’ asset management program, fees will be earned for those
services. Additionally, Mr. Drizos, the owner and investment advisor representative of Horizon Wealth

Horizon Wealth Advisors                                                                     Disclosure Brochure

Advisors, is licensed as an insurance agent. When recommending insurance products as part of the
planning process, Mr. Drizos may earn commissions if the client chooses to purchase insurance products
through him in this separate capacity.

Horizon Wealth Advisors will collect a variety of information and documentation from the client that is
necessary to perform the financial planning and consulting services. The firm will not be required to verify
any information received from the client or from the client’s other professionals, if authorized by the client
to gather advice from other professionals, and is expressly authorize to rely on the information provided.

Clients retain discretion over implementation decisions relating to financial planning and consulting
services and are free to accept or reject any recommendation from Horizon Wealth Advisors. Clients are
advised that it remains their responsibility to notify the firm if there are any changes in their financial
situations or investment objectives. Client should notify Horizon Wealth Advisors of any changes so that
Horizon Wealth Advisors can work with the client to determine if the changes will affect the advice
provided by Horizon Wealth Advisors. The client and Horizon Wealth Advisors will then determine if the
client wishes to engage Horizon Wealth Advisors to review, evaluate and revise the previous
recommendations provided.

Pension Consulting
Horizon Wealth Advisors may provide pension consulting services to companies offering qualified plans.
Horizon Wealth Advisors can provide a wide variety of pension consulting services that focus on the
specific needs of the client. The following are examples of some of the general areas that may be
covered as part of Horizon Wealth Advisors’ services:

    •    Current Plan Review
    •    Vendor Search
    •    Plan Design and Implementation
    •    Investment Policy Statement Implementation
    •    Compliance Review
    •    Communication Plan Implementation
    •    Investment Committee Implementation
    •    Investment Review

The above list is not all inclusive and is provided only to give clients a general idea of the types of
consulting services that can be provided. Services will be negotiated with each client depending on the
individual needs of the client. Although as part of the services contracted for, Horizon Wealth Advisors
may provide recommendations on the investment options in the plan, Horizon Wealth Advisors will not
provide management services or be responsible for the implementation of the recommendations provided
through the consulting services. Horizon Wealth Advisors will not at any time maintain custody of plan
assets. Typically, the consulting services do not only focus on providing investment advice to the plan, in
addition, Horizon Wealth Advisors will provide consulting services focusing on plan design, compliance
matters, and problem solving.

Fees for pension consulting services will be charged as a percentage of the total plan assets. An annual
fee of up to 1% will be charged. The fees charged for pension consulting services will be negotiated with
each client based on the complexity of the services contracted for by the client, the anticipated amount of

Horizon Wealth Advisors                                                                      Disclosure Brochure

work involved in providing those services, and the size of the plan and the number of plan participants.
Fees will be charged monthly or quarterly and can be charged in advance or arrears. The terms of how
the fees will be charged will be determined with each client prior to services being provided. In many
cases, the plan administrator selected by the plan will be the determining factor in how the fees will be
charged as many plan administrators have pre-selected the frequency of the billing cycle (i.e., monthly or
quarterly) and the manner in which they are charged (i.e., advance or arrears). Fees will be based on the
market value of the total plan assets at the end of the previous quarter. In initial fee will be prorated
based on the number of days that services will be provided if the agreement for services is executed mid-
billing period.

Either party may terminate services by providing written termination to the other party. If services are
terminated within five business days of executing an agreement for services with Horizon Wealth
Advisors, services will be terminated without penalty. After the initial five business days, clients will be
responsible for payment of fees for services completed prior to termination of services. If services are
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Item 7 – Types of Clients

Horizon Wealth Advisors generally provides investment advice to the following types of clients:

    •    Individuals
    •    High-Net Worth Individuals
    •    Pension and profit sharing plans
    •    Trusts, estates, or charitable organizations

Minimum Investment Amounts Required

If a managed account is established with an account value less than $500,000, Horizon Wealth Advisors
will charge a one-time set up fee of $500. If the firm is only managing fixed-income securities in a client’s
account, the firm will charge a minimum annual fee of $3,000.