Horizon Wealth Management LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or
more written agreements with the Advisor.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
agreement. Investment advisory fees are based on the market value of assets under management at the end of the
prior quarter. Investment advisory fees range up to 1.50% annually based on several factors, including the complexity
of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.
Relationships with multiple objectives, specific reporting requirements, portfolio restrictions, and other complexities
may be charged a higher fee. For deposits or withdrawals from the Client’s account[s], the Advisor’s fee will be
adjusted in the next billing period to reflect the fee difference.

The investment advisory fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter, which will be deducted at the end of the first quarter. Fees may be negotiable at the sole
discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under management with
the Advisor. All securities held in accounts managed by Horizon will be independently valued by the Custodian. The
Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing.

Financial Planning Services
Horizon offers standalone financial planning services either on an hourly basis or for a fixed fee. Hourly engagement
fees are charged at $250. Fixed fees range from $500 to $3,000. Fees may be negotiable based on the nature and
complexity of the services to be provided and the overall relationship with the Advisor. An estimate for total hours
and total costs will be provided to the Client prior to engaging in these services.

Retirement Plan Advisory Services
Fees for 3(21) retirement plan advisory services are charged on a flat fee basis or an annual asset-based fee. Flat
fees generally range from $500 to $2,000. Annual asset-based fees are charged up to 0.75%. Fees are payable
quarterly, in advance of each calendar quarter, pursuant to the terms of the retirement plan advisory agreement.
                                            Horizon Wealth Management, LLC
                                     22 Calendar Court - 2nd Floor, La Grange, IL 60525
  Page 6                                 Phone: (708) 352-4300 | Fax: (708) 352-2994
                                                  www.horizonwealth.biz

Retirement plan advisory fees are based on the market value of assets under management at the end of the prior
quarter. Fees may be negotiable depending on the size and complexity of the Plan and the services provided.

Fees for 3(38) retirement plan advisory services are charged on an annual asset-based fee of up to 1.50%. Fees
are payable quarterly, in advance of each calendar quarter, pursuant to the terms of the retirement plan advisory
agreement. Retirement plan advisory fees are based on the market value of assets under management and the end
of the prior calendar quarter. Fees may be negotiable depending on the size and complexity of the Plan and the
services provided.

B. Fee Billing
Investment Management Services
Investment advisory fees are calculated by the Custodian and deducted from the Client’s account[s] by the
Custodian. The Client shall instruct the Custodian to automatically deduct the investment advisory fee from the
Client’s account[s] at the beginning of the quarter and pay the investment advisory fee[s] to the Advisor. The amount
due is calculated by applying the quarterly rate [(annual rate divided by 360) multiplied by 90)] to the total assets
under management with Horizon at the end of the prior quarter. Clients will be provided with a statement, at least
quarterly, from the Custodian reflecting the deduction of the investment advisory fee. It is the responsibility of the
Client to verify the accuracy of these fees as listed on the Custodian’s brokerage statement, as the Custodian does
not assume this responsibility. Clients provide written authorization permitting advisory fees to be deducted by
Horizon to be paid directly from their account[s] held by the Custodian as part of the investment advisory agreement
and separate account forms provided by the Custodian.

Financial Planning Services
Financial planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed-upon deliverable[s]. In
all cases, Horizon does not collect advance fees of $1,200 or more for services to be performed six months or
more in the future.

Retirement Plan Advisory Services
Retirement plan advisory fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan,
depending on the terms of the retirement plan advisory agreement.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties other than Horizon in connection with
investments made on behalf of the Client’s account[s]. Horizon includes Covered Costs as part of its overall
investment advisory fee through the Horizon Wrap Fee Program. Securities transaction fees for Client-directed
trades may be charged back to the Client. Please see Item 4.D. above as well as Appendix 1 – Wrap Fee Program
Brochure.

In addition, all fees paid to Horizon for investment advisory services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described
...

Item 7 – Types of Clients

Horizon offers investment advisory services to individuals, high-net-worth individuals, trusts, estates, businesses,
charitable organizations, and retirement plans. The amount of each type of Client is available on the Advisor's
Form ADV Part 1A. These amounts will change over time and are updated at least annually by the Advisor.
Horizon generally does not impose a minimum relationship size.