Independence Wealth Advisors LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management               Annual Fees
        $1 - $500,000                               2.00%

        $500,001 - $1,000,000                       1.80%

        $1,000,001 - $2,000,000                     1.20%

        $2,000,001 - $10,000,000                    1.00%

        Above $10,000,000                           0.80%

IWA uses the value of the account as of the last business day of the billing period, after
taking into account deposits and withdrawals, for purposes of determining the market

value of the assets upon which the advisory fee is based. The fee schedule is a breakpoint
fee schedule.

Portfolio Management fee is a flat rate fee. An example of the flat fee is as:
Client has $500,000 in AUM at IWA. Client's fee will be 2.0% for the entire $500,000.
Client has $2,000,000 in AUM at IWA. Client's fee will be 1.2% for the entire $2,000,000.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of IWA's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 30 days' written notice.

Pension Consulting Services Fees

The rate for pension consulting services is up to 2.00% of the plan assets for which IWA is
providing such consulting services. These fees are negotiable. The fee schedule is as
follows:

        Total Assets Under Management         Annual Fees
        $1 - $500,000                         2.00%

        $500,001 - $1,000,000                 1.80%

        $1,000,001 - $2,000,000               1.20%

        $2,000,001 - $10,000,000              1.00%

        Above $10,000,000                     0.80%

eMoney Technology Fees

The negotiated ongoing eMoney Technology fee is $100/month.

Clients may terminate the agreement without penalty, for full refund of IWA’s fees, within
five business days of signing the Financial Planning Agreement. Thereafter, clients may
terminate the Financial Planning Agreement generally upon written notice.

Pontera Solutions Inc Fees
Fees will be assessed and billed quarterly in arrears. [Specifically, the exact amount
charged is determined by the account value at the end of the quarter.] In either case, if
the Adviser only manages your assets for part of a quarter, the charge will be prorated.

The advisory fee is a blended fee and is calculated by assessing the percentage rates
using the predefined levels of assets as shown in the above chart and applying the fee to
the account value as of the last day of the previous quarter (per the paragraph above),

  resulting in a combined weighted fee. For example, an account valued at $2,000,000
  would pay an effective fee of 1% with the annual fee being $20,000 (a quarterly fee of
  $5,000).

  Fees are generally directly debited on a pro rata basis from the client’s account or
  accounts. The fee payable for any held away account will be deducted directly from
  another client account at the Custodian IWA uses. In the event that a client’s account has
  insufficient funds or the client does not hold other accounts at the Custodian, the fees
  will be billed directly to the client.

  Accounts initiated or terminated during a calendar quarter will be charged a pro-rated
  fee based on the amount of time remaining in the billing period. An account may be
  terminated with written notice at least 30 calendar days in advance. Since fees are paid
  in arrears, no rebate will be needed upon termination of the account.;

  Selection of Other Advisers Fees

  IWA may direct clients to third-party investment advisers. IWA will receive its standard
  fee on top of the fee paid to the third party adviser. The fees shared are negotiable and
  will not exceed any limit imposed by any regulatory agency. The notice of termination
  requirement and payment of fees for third-party investment advisers will depend on the
  specific third-party adviser selected.

  IWA may specifically direct clients to Impact Partnership Wealth. The annual fee schedule
  is as follows:

         Total Assets          IWA’s Fee        Third Party’s Fee       Total Fee
          All Assets             1.25%               0.45%               1.70%

  Impact Partnership Wealth uses Advisors Excel Wealth Management as their Platform
  Provider. Advisors Excel Wealth Management handles billing, trading, and paperwork to
  the custodian for Impact Partnership Wealth.

  IWA may specifically direct clients to Parametric Portfolio Associates LLC. The annual fee
  schedule is as follows:

      Total Assets             IWA’s Fee        Third Party’s Fee       Total Fee
      $0 – $500,000              2.00%               0.18%               2.18%
  $500,001 - $1,000,000          1.60%               0.18%               1.78%
 $1,000,001 - $2,000,000         1.20%               0.18%               1.38%
$2,000,001 – $10,000,000         1.00%               0.18%               1.18%
   $10,000,001 and Up            0.80%               0.18%               0.98%

Financial Planning Fees

   Fixed Fees

   The rate for creating client financial plans is between $0 and $10,000. The fees are
   negotiable and the final fee schedule will be attached as Exhibit II of the Financial
   Planning Agreement. Clients may terminate the agreement without penalty, for full
   refund of IWA’s fees, within five business days of signing the Financial Planning
   Agreement. Thereafter, clients may terminate the Financial Planning Agreement
   generally upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a monthly basis. Fees are paid in arrears.
...

Item 7: Types of Clients

IWA generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Pension and Profit Sharing Plans

There is no account minimum for any of IWA’s services.