Leconte Wealth Management LLC

Item 5 Fees and Compensation
Discretionary Asset Management Services
Our fee for asset management services is based on a percentage of your assets we manage and is set
forth in the following blended fee schedule:

Assets Under Management              Annualized Fee*
First $500,000                       1.50%
Next $500,000                        1.25%
Next $1,000,000                      1.10%
Next $3,000,000                      1.00%
Amounts above $5,000,000             0.90%

*Our minimum fee requirement and account size is $2,000 and $500,000 respectively and may be
waived at our sole discretion.

Our annual asset management fee is billed and payable quarterly in advance based on the value of
your account on the last day of the quarter. If the portfolio management agreement is executed at any
time other than the first day of a calendar quarter, our fees will apply on a pro rata basis, which means
that the advisory fee is payable in proportion to the number of days in the quarter for which you are a
client. Our advisory fee is negotiable, depending on individual client circumstances. At our discretion,
we may combine the account values of family members living in the same household to meet the
minimum account size. For example, we may combine account values for you and your minor children,
joint accounts with your spouse, and other types of related accounts.

We will deduct our fee directly from your account through the qualified custodian holding your funds
and securities. We will deduct our advisory fee only when you have given our firm written authorization
permitting the fees to be paid directly from your account. Further, the qualified custodian will deliver an
account statement to you at least quarterly. These account statements will show all disbursements
from your account. You should review all statements for accuracy.

Purpose Built Planning
Your initial consultation for services will be complimentary for up to an hour. Thereafter, we charge an
annual fee, which generally ranges between $2,500 to $15,000. The fee is negotiable depending upon
the complexity and scope of the plan, your financial situation, and your objectives. Fixed fees are
payable to the firm quarterly and due in advance of services rendered with the remaining balance
payable upon completion of the contracted services. We do not require you to pay fees six or more
months in advance and in excess of $1,200. Should the engagement last longer than six months
between acceptance of the Agreement and delivery of the financial plan, any prepaid, unearned fees
will be promptly returned to you less a pro rata charge for bona fide financial planning services
rendered to date.

Advisory Consulting Services
We charge an hourly fee of $250 for advisory consulting services, which is negotiable depending on
the scope and complexity of the plan, your situation, and your financial objectives. An estimate of the
total time/cost will be determined at the start of the advisory relationship to include a two (2) hour
minimum. In limited circumstances, the cost/time could potentially exceed the initial estimate. In such
cases, we will notify you and request that you approve the additional fee. Fees are billed monthly, and
are payable as services are rendered.

Tax Preparation Only
Our stand-alone tax preparation service fees are based on an hourly rate of $250 with a typical return
taking 2 to 3 hours depending on the scope and complexity of the return. An estimate of the total
time/cost will be determined at the start of the tax season. Our tax preparation fees are:
1) effective upon execution of the Agreement,
2) renewable annually, and
3) payable as services are rendered.

Termination
You may terminate your Agreement with us upon 30-days' written notice to our firm. You will incur a
pro rata charge for services rendered prior to the termination of the Agreement, which means you will
incur advisory fees only in proportion to the number of days in the quarter for which you are a client. If
you have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of
those fees.

IRA Rollover Considerations
As part of our investment advisory services to you, we may recommend that you withdraw the assets
from your employer's retirement plan and roll the assets over to an individual retirement account
("IRA") that we will manage on your behalf. If you elect to roll the assets to an IRA that is subject to our
management, we will charge you an asset based fee as set forth in the agreement you executed with
our firm. This practice presents a conflict of interest because persons providing investment advice on
our behalf have an incentive to recommend a rollover to you for the purpose of generating fee based
compensation rather than solely based on your needs. You are under no obligation, contractually or
otherwise, to complete the rollover. Moreover, if you do complete the rollover, you are under no
obligation to have the assets in an IRA managed by our firm.

Many employers permit former employees to keep their retirement assets in their company plan. Also,
current employees can sometimes move assets out of their company plan before they retire or change
jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options
are available, you should consider the costs and benefits of each.

An employee will typically have four options:

1. Leaving the funds in your employer's (former employer's) plan.
2. Moving the funds to a new employer's retirement plan.
3. Cashing out and taking a taxable distribution from the plan.
4. Rolling the funds into an IRA rollover account.

Each of these options has advantages and disadvantages and before making a change we encourage
you to speak with your CPA and/or tax attorney.

If you are considering rolling over your retirement funds to an IRA for us to manage here are a few
points to consider before you do so:
...

Item 7 Types of Clients
We offer investment advisory services to individuals, corporate, and charitable organizations. In
general, our minimum fee requirement and account size is $2,000 and $500,000 respectively and may
be waived at our sole discretion. For example, we may waive the minimum if you appear to have
significant potential for increasing your assets under our management.