Investment Partners Ltd

Item 5 – Fees and Compensation

This section provides details regarding Rea Wealth’s fees and compensation arrangements for its various advisory
services that are described at Item 4 – Advisory Business. It should be noted that lower fees for comparable advisory
services are available from other sources.

Asset Management Fee Schedule
     Our compensation is based on fees calculated as a percentage of the market value of your account on the last
     business day of the just completed calendar quarter and shall be paid in advance of each calendar quarter.
     Accounts managed for a part of the quarter (i.e. accounts established during a calendar quarter or closed during
     a calendar quarter) will be charged or credited a prorated portion of the advisory fees for the calendar quarter.
     Accounts established during a quarter will be charged an initial advisory fee based on the value of the account
     at the end of the month following account establishment and prorated for the remaining calendar quarter.

Rea Wealth Management                                                                                   Disclosure Brochure

    Our advisory fees will be collected directly from your accounts provided that you have provided Commonwealth
    with written authorization to withdraw advisory fees directly from your Account. You will receive an account
    statement reflecting the deduction of the advisory fee from your account. If the Account does not contain
    sufficient funds to pay advisory fees, we will sell or redeem securities, as necessary, in sufficient amounts to pay
    advisory fees. These fees are generally deducted from your brokerage account by the end of the following
    month.

    Fees are negotiable. Therefore, fees differ from client to client based on such factors as type and size of the
    account. Transaction charges and other account-related fees assessed by the account custodian or
    Commonwealth are not negotiable. For certain clients, we may aggregate multiple accounts for billing purposes
    in order to determine the applicable advisory fee under either a fixed or blended fee schedule.
     . We consider this a negotiating factor that is not available to all clients. Additionally, advisory fees are not
    based on a share of capital gains upon or capital appreciation of the funds or any portion of the funds. Advisory
    fees are in accordance with the following maximum fee schedules depending on the type of managed account.

    Rea Wealth generally offers two types of fee schedules. A Fixed Schedule looks at the account value at the end
    of the billing period and calculates the fee. A blended schedule looks at the account value and compares it to a
    set fee schedule. Based upon the value of the account at the end of the billing period, the fee schedule identifies
    specific portions of the account value to be charged at different fee rates. The total value of the account is
    compared against this schedule and based on the account size; the different fee rates are blended to determine
    the total account fee for that period. Unless a billing group is created, the blended schedule is applied at the
    account level. Billing groups are maintained by Rea Wealth.

     The maximum annual advisory fee for asset management services, under both fixed and blended fee schedules,
    is 1.50% of assets under management.

    For non-wrap accounts, a transaction fee applies to all stock trades, and a transaction fee also will apply to the
    purchase, sale or exchange of certain mutual funds. By selecting this traditional Rea Wealth Asset Management
    Program or PPS Custom program you have elected to directly pay for the execution charges in your managed
    account. These transaction fees will be debited from your account on the settlement date of such transactions.
    Rea Wealth does not share in a portion of transaction fees for stock trades. Additionally, all clients will pay their
    proportionate share of the fund’s management and administrative fees, as well as the mutual fund adviser’s fee
    of any mutual fund they purchase in the managed account. Such fees are not shared with Rea Wealth and are
    compensation to the fund-manager. You should read the mutual fund prospectus prior to investing.

    You may make additions to or withdrawals from your account at any time. Advisory fees are generally not
    adjusted during the billing period for partial withdrawals, additional deposits, or changes in account value due
    to market appreciation or depreciation. If your account is managed under a wrap fee program, transaction-related
    costs, including execution charges and ticket fees, are typically included in the overall advisory (wrap) fee. As a
    result, you will not be charged separately by the custodian for such execution services.

    Should an error in the execution of a trade be found, we will promptly take steps to rectify the situation. In the
    event the error has been identified as an error that has occurred as a result of the account custodian’s activities
    or Rea Wealth actions, your account will be corrected and any charges for the corrections will be paid by us.
    Errors created by Rea Wealth in advisory accounts will be corrected in a way that does not harm you. If any
    trade errors that occur result in a gain, Rea Wealth will not receive the gain or benefit from the corrected error.
    We will not use soft dollars to correct errors made by Rea Wealth when placing a trade for your account. You
    will be made whole, or the transaction corrected as soon as possible.
    PPS Select Program: In addition to the annual asset management fee, all clients participating in PPS Select
    will pay an annual program fee. There are several different PPS Select model portfolios with program fees that
    vary; however, the maximum fee within the PPS Select program is as follows:
...

Item 7 – Types of Clients

Rea Wealth generally provides investment advice to the following types of clients.

    •    Individuals (other than high net worth individuals)
    •    High Net Worth Individuals
    •    Pension and profit-sharing plans
    •    Trusts, estates, or charitable organizations
    •    Corporations or business entities other than those listed above

Rea Wealth Management                                                                                   Disclosure Brochure

         All clients are required to execute an agreement for services in order to establish a client arrangement with
         Rea Wealth. We do not require a minimum investment amount or account size for participation in its advisory
         service programs.

         Charitable organizations sponsor donor-advised-funds (“DAFs”). DAFs are planned giving vehicles where
         clients make an irrevocable gift into an account owned by a charitable organization and can recommend
         distributions to charities of their choice thereafter. Clients have the option to request the firm serves as the
         investment adviser on the account and pay the firm an investment advisory fee based on assets in the DAF.
         In such case, the firm and the advisor have an incentive to advise a client to make a distribution directly to a
         DAF in lieu of a charity and advise against distributions from the DAF to eligible charities because doing so
         would dilute the amount of assets managed when the firm and the advisor are paid on a percentage of such
         assets. However, the firm and the advisor are obligated to act in the best interests of the client when providing
         investment advice to a DAF.