Hurlow Wealth Management Group Inc

Item 5: Fees & Compensation

    Compensation for Our Advisory Services

    Comprehensive Portfolio Management:

                       Assets Under Management        Annual Percentage of Assets Charge
                            First $1,000,000                       1.00%
                            Next $4,000,000                        0.80%
                            Next $5,000,000                        0.60%
                            Next $10,000,000                       0.40%
                           Over $20,000,000                        0.20%

    Annualized fees are billed on a pro-rata basis monthly in advance based on the value of the account(s)
    on the last day of the previous month. Fees are negotiable and will be deducted from client
    account(s). Adjustments will be made for deposits and withdrawals during the month for individual
    transactions equal to or exceeding $10,000. Further it is important to note that our firm assesses fees
    on all assets held in client accounts including cash and cash equivalents. As part of this process,
    Clients are made aware of the following:

         a) You provide written authorization permitting us to be paid directly from the managed
            account held by the independent custodian;
         b) Our firm sends an electronic request to the custodian indicating the amount of the fee to be
            paid from the client’s managed account;
         c) Your independent custodian sends statements at least quarterly to you showing the market
            values for each security included in the Assets and all disbursements in your account
            including the amount of the advisory fees paid to us.

    Asset Management:

    The maximum annual fee charged for this service will not exceed 1.0%. Fees to be assessed will be
    outlined in Schedule A of this Agreement. Annualized fees are billed on a pro-rata basis monthly in
    advance based on the value of the account(s) on the last day of the previous month. Fees are
    negotiable and will be deducted from Client account(s) by HWMG. Adjustments will be made for
    deposits and withdrawals during the month for individual transactions equal to or exceeding
    $10,000. Further it is important to note that our firm assesses fees on all assets held in client accounts
    including cash and cash equivalents. As part of this process, Clients understand the following:

         (a) Client provides authorization permitting HWMG, to be directly paid by these terms.; and
         (b) Client’s independent custodian sends statements, at least quarterly, showing the market
             values for each security included in the Assets and all account disbursements, including the
             amount of the advisory fees paid to HWMG; and
         (c) HWMG will send an invoice directly to the custodian. If HWMG sends an invoice to the Client,
             a legend urging the comparison of information provided in the statement with those from the
             qualified custodian will be included.

ADV Part 2A – Firm Brochure                        Page 7                          Hurlow Wealth Management Group, Inc.

    Fees For Held Away Accounts:

    In certain instances, our firm will manage client’s held away accounts through the Pontera platform.
    The fee associated with this platform is 0.25% of the assets under management, however, it is
    important to note that this fee will be paid by our firm and as such will not result in the client paying
    higher fees than if the assets were custodied with our recommended custodian, Charles Schwab &
    Co., Inc.

    Third Party Money Manager Fees:

    Generally, fees charged for Third Party Money Manager services shall be in addition to our advisory
    fees. The Third-Party Money Managers we recommend will not directly charge you a higher fee than
    they would have charged without us introducing you to them. Most Third-Party Money Managers
    establish and maintain their own separate billing processes over which we have no control. In
    general, they will directly bill you and describe how this works in their separate written disclosure
    documents.

    Financial Planning & Consulting:

    Our firm charges on a flat fee or hourly basis for financial planning and consulting services. The total
    estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
    engagement with the client. Flat fees are up to $15,000 and the maximum hourly fee to be charged
    will not exceed $350. Ongoing Financial Planning and Consulting services are billed upon
    engagement, or on a pro-rata monthly basis.

    Retirement Plan Consulting:

    Our Retirement Plan Consulting services are billed on a flat fee basis or a fee based on the percentage
    of Plan assets under management,. The total estimated fee, as well as the ultimate fee charged, is
    based on the scope and complexity of our engagement with the client. Our flat fees generally range
    from $1,000 to $20,000, however, the fee may exceed our general range on a case-by-case basis. Fees
    based on a percentage of managed Plan assets will not exceed 1.00%. It is important to note that the
    fee-paying arrangements for Retirement Plan Consulting service will be determined on a case-by-
    case basis and will be detailed in the signed consulting agreement. Clients will be invoiced directly
    for the fees.

    Other Types of Fees & Expenses

    Clients will incur transaction charges for trades executed in their accounts. These transaction fees
    are separate from our firm’s advisory fees and will be disclosed by the chosen custodian. It is
    important to note that Charles Schwab & Co., Inc. does not charge transaction fees on domestic equity
    and exchange traded fund transactions. Clients may also pay charges imposed directly by a mutual
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Item 7: Types of Clients & Account Requirements

    Our firm has the following types of clients:
       • Individuals and High Net Worth Individuals;
       • Trusts, Estates or Charitable Organizations;
       • Pension and Profit-Sharing Plans;
       • Corporations, Limited Liability Companies and/or Other Business Types.

    Our requirements for opening and maintaining accounts or otherwise engaging us:
       • Our firm requires a minimum aggregate account balance of $1,000,000 for our
           Comprehensive Portfolio Management. Generally, this minimum account balance
           requirement is not negotiable and would be required throughout the course of the client’s
           relationship with our firm, however, this may be waived at managements discretion.
       • Financial Planning and Asset Management services are reserved for clients with limited
           assets to be managed whom have a complex financial situation. With this in mind, in order to
           engage our services for standalone Financial Planning and Consulting services, and
           standalone Asset Management services, clients will need to meet the minimum annual fee for
           services provided of $5,000.

ADV Part 2A – Firm Brochure                        Page 9                         Hurlow Wealth Management Group, Inc.