IAM Advisory 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
Wealth Management Services
Wealth management fees are paid monthly, at the end of each month pursuant to the terms of the wealth management
agreement. Wealth management fees are based on the average daily balance of assets under management during
the month. Wealth management fees range from 0.50% to 2.00% annually based on several factors, including: the
scope and 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. Wealth management services are subject to a minimum annual fee of $250
which will be assessed at the end of every calendar year and prorated from the adoption of Client wealth management
agreement to the end of the first year.

The wealth management fee in the first month of service is prorated from the inception date of the account[s] to the
end of the first month. 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
IAM will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s
valuations.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Financial Planning Services
IAM offers stand-alone financial planning services either on an hourly or fixed fee basis. Hourly fees range from $100
to $500 per hour. Fixed fees range from $250 to $7,500 per engagement. Fees may be negotiable based on the nature

                                                     IAM Advisory LLC
                                          137 North Second Street, Easton, PA 18042
                                          Phone: 610-258-3269 * Fax: 610-258-5841
                                                   www.iamadvisoryllc.com

and complexity of the services to be provided and the overall relationship with the Advisor. An estimate for total hours
and/or total costs will be provided to the Client prior to engaging for these services.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged either an annual asset-based fee of up to 1.50% based on the
market value of assets under management or an annual fixed fee. Retirement plan advisory fees are billed monthly or
quarterly in arrears. Fees may be negotiable depending on the size and complexity of the Plan.

B. Fee Billing
Wealth management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the respective month end date. The amount due is calculated by applying the monthly
rate (annual rate divided by 12) to the average daily balance of assets under management during the month. Clients
will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the wealth management
fee. Clients provide written authorization permitting advisory fees to be deducted by IAM to be paid directly from their
account[s] held by the Custodian as part of the wealth management 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].

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 IAM, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge securities
transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and
conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by IAM are separate and distinct from these custody and execution
fees.

In addition, all fees paid to IAM 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 in each
fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds, other
fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible distribution
fee. A Client may be able to invest in these products directly, without the services of IAM, but would not receive the
services provided by IAM which are designed, among other things, to assist the Client in determining which products
or services are most appropriate for each Client’s financial situation and objectives. Accordingly, the Client should
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Item 7 – Types of Clients

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