Kirkwood Financial Services LLC

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation

Secure Financial Management                        Page 8                       Form ADV Part 2A: Firm Brochure

arrangements. The exact fees and other terms will be outlined in the agreement between you and Secure
Financial Management.
Investment Advisory Services (Asset Management)
Fees charged investment advisory services are based on a percentage of assets under management,
billed monthly in arrears (at the end of the billing period) and calculated based on the fair market value of
your Account as of the last business day of the current billing period.
Fees are prorated (based on the number of days service is provided during the initial billing period) for
your Account opened at any time other than the beginning of the billing period. If investment advisory
services commence in the middle of the billing period, then the prorated fee for that billing period will be
billed in arrears at the end of that billing period.
Fees charged for our investment advisory services are negotiable based on the potential for additional
account deposits, the total amount of assets under management for the client, and as determined by your
investment adviser representative.
       The annual fee for asset management services will be between 0.80% and 1.50%

We typically charge clients using a fee schedule whereby the annual fee rate is lowered when assets
increase. For example, a client with $500,000 could be charged closer to 1.50% but a client with
$3,000,000 will be charged closer to .80%. When client assets increase and they reach the next
breakpoint on the fee schedule, the entire value of their assets will be charged at the next breakpoint.
There is a minimum account size of $250,000. See Item 7 – Types of Clients for more information.
Secure Financial Management believes that its annual fee is reasonable in relation to (1) services
provided and (2) the fees charged by other investment advisers offering similar services/programs.
However, our annual investment advisory fee may be higher than that charged by other investment
advisers offering similar services/programs.
The investment advisory fees will be deducted from your account and paid directly to our firm by the
qualified custodian(s) of your account. Therefore, you must provide us written authorization and provide
the qualified custodian written authorization to have fees deducted directly from your account(s). Refer to

Item 7 – Types of Clients

Secure Financial Management generally provides investment advice to the following types of clients:

       Individuals, including their families, trusts, estates, individual 401k or similar retirement plans, and
        IRAs
       High net worth individuals – An individual who is a qualified client under Rule 205-3 of the
        Investment Advisers Act of 1940 or is a “qualified purchaser”.
       Business entities including sole proprietorship

You are required to execute a written agreement with Secure Financial Management specifying the
advisory services to establish a client arrangement with Secure Financial Management.

Minimum Investment Amounts Required
Secure Financial Management requires a minimum of $250,000 to open an account. To reach this
account minimum, clients can aggregate all household accounts. Exceptions may be granted to this
minimum upon approval of Jay Kirkwood and are typically determined based on the expectation of future
investable assets.