Laughlin Financial LLC

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional details
regarding Laughlin Financial LLC’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other sources.

The exact fees and other terms will be outlined in the agreement between you and Laughlin Financial LLC.

Asset Management Services

The asset management services continue in effect until terminated by either party (i.e., Laughlin Financial LLC or
you) by providing written notice of termination to the other party.

Laughlin Financial LLC charges the following fee schedule for asset management services based on the total
assets under management for the client:

                           Weighted Average Scale (for $AUM under $7,500,000)
                           Assets Under Management          Annual Fee Rate
                           $0 to $500,000                       1.25%
                           $500,001 to $1,000,000               0.75%
                           $1,000,001 to $3,000,000             0.50%
                           $3,000,001 to $7,500,000             0.35%

                           Flat rate on all $AUM, if total exceeds $7,500,000
                           Over $7,500,000                  Flat Rate on all assets 0.40%

For assets under management under $7.5M, fees are calculated using the weighted average blended annual fee
rate and are prorated based upon the number of days in a billing period (typically quarterly). For assets under
management over $7.5M, a flat rate will be used on all $AUM.

The tier and fees may be negotiable based upon the type of client, the services requested, the complexity of the
client's situation, the composition of the client's account, other advisory services provided and the relationship of
the client and the investment adviser representative.

For example, let’s assume on 12/31/2023, a hypothetical client had $4,000,000 in assets under management.
The client would be assessed an annual fee of $500,000*1.25% + $500,000*0.75% + $2,000,000*0.50% +
$1,000,000*0.35% = $23,500, or a weighted average annualized fee rate of 0.588%, and this would be prorated
for the period from 1/1/2024 to 3/31/2024 (91 days). The prorated fee would be calculated as follows: $23,500 *
91 / 366 = $5,842.90.

Example client with $4,000,000 $AUM
                                                                                               Begin    1/1/2024    1/1/2024
Tiered Fee Schedule    Rate      Amount Annual Fee                                              End    3/31/2024   12/31/2024
$0 to $500k           1.250%    $500,000   $6,250                                              Days        91          366
$500k to $1M          0.750%    $500,000   $3,750
$1M to $3M            0.500%   $2,000,000 $10,000                 A             B          C=A * B         D           E        =C* D/ E
Above $3M             0.350%   $1,000,000  $3,500          Prior Qtr Balance Blended Rate Annual Fee Prorated Days Total Days Assessed Fee
Total                 0.588%   $4,000,000 $23,500             $4,000,000        0.588%    $ 23,500.00      91         366       $5,842.90

Continuing with this same example, for Clients with multiple separate accounts under management, the total
assets under management will be utilized to calculate the fee rate charged for the billing period. The weighted

Laughlin Financial LLC, Page 11, Form ADV Part 2A and 2B Disclosure Brochure, 01/22/2026

average of the management fee rate calculated across all accounts will be charged on the total assets under
management based upon the number of days in the billing period service was provided. For example:

                                                      A B            C=A*B             D                E     F=D/E                                                                    G=C*F
                                              Blended Fee Rate (as              Number of Days Number of Days Proration                                                               Assessed
Account   Account Type         Account Value calculated above)     Annual Fee in Billing Period in Year       Factor                                                                  Fee
Account A Roth IRA             $   500,000.00        0.588%         $ 2,937.50         91             366       0.249                                                                  $ 730.36
Account B Rollover IRA         $ 1,500,000.00        0.588%         $ 8,812.50         91             366       0.249                                                                  $ 2,191.09
Account C Individual Brokerage $ 2,000,000.00        0.588%         $ 11,750.00        91             366       0.249                                                                  $ 2,921.45

Total Client                                 $ 4,000,000.00                                          $ 23,500.00                                                                       $ 5,842.90

Where Laughlin Financial LLC has the authority to deduct asset fees, in some cases, the firm may deduct fees
assessed to one account from another account, if specified by the client. For example, fees assessed to a Roth
IRA may be deducted from an individual taxable account (“Individual Brokerage”). Continuing with the same
example above,

                                                                                                                          Actual Fee Charged to
                                             Account     Account Type      Assessed Fee Adjustment                               Account
                                            Account A Roth IRA                $730.36    -$730.36                                  $0.00
...

Item 7 – Types of Clients

Laughlin Financial LLC generally provides investment advice to the following types of clients:

    •    Individuals
    •    High net worth individuals
    •    Pension and profit sharing plans
    •    Trusts, estates, or charitable organizations

You are required to execute a written agreement with Laughlin Financial LLC specifying the particular advisory
services in order to establish a client arrangement with Laughlin Financial LLC.

Minimum Amounts Required

Laughlin Financial LLC does not require a minimum investment amount to establish a relationship.