Kerux LLC

ITEM 5 - FEES AND COMPENSATION
In addition to the information provided in Item 4 – Advisory Business, this section details our Firm’s services and
each service's fees and compensation arrangement. The Client and KERUX’s Investment Advisory Agreement
will outline and agree upon the costs and other terms related to the Client’s Accounts.

INVESTMENT MANAGEMENT & FINANCIAL PLANNING FEE

Our Firm offers investment management and financial planning services for an annual fee based on the amount
of assets under management. Our maximum annual fee is 2.05%. Our annual fee is prorated and charged
quarterly in advance based on the value of the Client's assets under management as of the close of business on
the last business day of the previous quarter. Cash and cash equivalents, including money market funds, are
subject to the agreed-upon advisory fee. Clients should understand that the advisory fees charged on these

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balances may exceed the returns provided by cash, cash equivalents, or money market funds, especially in low-
interest rate environments.
Managed legacy positions are included within our Firm's standard investment management fee and are outlined
in the executed investment management agreement.
Our Firm retains complete discretion to negotiate fees and may waive or impose different fees on any Client.
The investment advisory fees will be deducted from the Client account and paid directly to our Firm by LPL
Financial (“LPL”). The Client will authorize LPL Financial to deduct fees from the account and pay such fees
directly to our Firm. All account assets, transactions, and advisory fees will be shown on the monthly or quarterly
statements provided by LPL. The Client should review their account statements received from LPL and verify
that appropriate investment advisory fees are being deducted. The qualified Custodian(s) will not verify the
accuracy of the investment advisory fees deducted. We may aggregate related Client accounts to calculate the
advisory fee applicable to the Client. The investment management agreement will outline the fee charged to
the Client and any breakpoints based on the level of assets managed. The fees are subject to change with prior
written notice to the Client.
Our annual investment advisory fee may be higher than that of other investment advisers that offer similar
services and programs. In addition to our compensation, the Client may incur charges imposed at the mutual
fund level (e.g., advisory fees and other fund expenses).
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the days the
Client account was open.

LPL FINANCIAL SPONSORED ADVISORY PROGRAMS

The account fee charged to the Client for each LPL advisory program is negotiable, subject to the following
maximum account fees:
                 o    Strategic Wealth Management Option 1          2.05%

      Strategic Wealth Management Option 1- The SWM platform is an open architecture, fee-based investment
      platform. This platform allows clients to consolidate multiple investments into one account and receive one
      statement. The platform is available in two forms, the selection of which is mutually determined at the
      inception of the engagement. The Client pays the advisory fee, all transaction costs, and any commission,
      if applicable. Clients authorize LPL to deduct from their Account the transaction charges and other fees
      applicable to the Account. The transaction charges are paid to LPL to defray costs associated with trade
      execution; however, they are not directly related to transaction-related expenses of LPL and are a source
      of revenue to LPL. The transaction charges vary depending on the type of security being purchased or sold
      (e.g., currently $9 for equities). In the case of mutual funds, the transaction charges vary depending on
      whether LPL retains compensation from the mutual fund for services it provides to the fund, such as
      recordkeeping fees and asset-based service fees or sales charges. LPL uses that compensation from mutual
      funds to reduce its trading costs and, therefore, assesses a lower transaction charge to clients. Mutual fund
      transaction charges are currently either $0 or $26.50. LPL does not charge a transaction charge for fixed-
      income securities (e.g., bonds or structured products); however, LPL acts as principal on fixed-income
      security transactions and receives a markup/down on the transaction. The Firm does not share or participate
      in such transaction fees, commissions, or 12b-1 fees, if applicable. 12b-1 fees are marketing and distribution
      fees on a mutual fund. The 12b-1 fee is an operational expense and, as such, is included in a mutual fund’s
      expense ratio.
      Strategic Wealth Management Option 2 (“Kerux, LLC’s Wrap Fee Accounts”) – Transaction costs are
      included in a single fee that covers both advisory fees and transaction costs, the latter of which is paid by
      the adviser. Please refer to our Firm’s Wrap Brochure for more information. The Firm or the IAR can

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      negotiate with the Custodian for a flat basis point or flat fee to cover all the transaction charges or will pay
      the standard transaction fees. It is important to remember that the IAR can charge a higher overall advisory
      fee to offset their cost for the transaction charges involved in managing the portfolio. The appropriateness
      of SWM can depend on several factors, including, among other things, client investment objectives and
      financial situation, frequency of withdrawals from the accounts, the IAR's investment strategies and trading
      patterns, including the frequency of trading, and the number and size of the transactions. Clients should
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ITEM 7 - TYPES OF CLIENTS
Our Firm provides investment management, investment advice, financial planning, consulting and advisement,
and third-party portfolio management to individuals, high-net-worth individuals and families, trusts, retirement
plans, charitable organizations, corporations, and foundations.
Our Firm does not require a minimum account size for advisory accounts. However, Clients must execute a
written agreement with our firm specifying the advisory services to establish the Clients’ arrangement with us.