Legacy Wealth Advisors LLC

ITEM 5: FEES AND COMPENSATION

Financial Planning & Consulting
Financial planning and business & real estate consulting services can be provided for a fixed fee starting
at $2,500 per engagement, based on the complexity of the project and will be agreed upon in advance and
will be stated in the written agreement that the client signs, or on an hourly basis with a rate up to $500
per hour. We will provide you with an invoice when the services are completed. We expect payment of
the invoice upon receipt.

Additional fees, to be mutually agreed upon in advance, may be charged for specialized services not
anticipated in the original fee. Hourly fees, where applicable, are charged at a rate of up to $500 per hour
depending on the complexity of the service provided.

We have a conflict of interest when providing financial planning advice. When you implement the
financial plan through us, we receive the customary fees as disclosed in the following section. You are not
required to employ us to implement the plan, or any portion of it. If clients elect to implement
recommendations made in a financial plan, their accounts may incur transaction costs, retirement plan
administration fees, and other mutual fund annual expenses that are charged by broker-dealers, plan
administrators or mutual fund companies that sell securities or provide additional services to our clients.
These fees are in addition to and separate from planning and consulting fees.

LWA anticipates that the financial plan produced will be delivered within six months or sooner of the
date of the agreement. LWA considers fees for financial planning or a consulting project to be earned as
progress is realized toward creation of the plan or completion of the service. Under no circumstances will
LWA earn fees in excess of $500 more than six months in advance of services rendered.

Most financial planning services are “bundled” as part of the Wealth Advisory Services which are
described below.

Wealth Advisory Services
Fees for LWA Wealth Advisory Services are negotiated and generally range from 0.5%-1.5% per year of
the assets under management and advisement. When determining our fee, we consider the size of the
portfolio, complexity of the investment issues, portfolio configuration and the amount of ongoing
professional time required to manage the investment process and financial planning work. Fees may be
billed in arrears or advance, depending on the third-party managers’ policies.

The arrangement will be identified in the managers’ disclosure document which clients will receive a
copy of upon execution of LWA’s Client Agreement. Most LWA accounts are on the Envestnet platform

which bills in advance on a quarterly basis. In most cases fees are debited against client accounts. In a few
instances, clients are billed directly via quarterly invoice.

Fees are generally due on the first day of the calendar quarter and are based on the account’s asset value
as of the last business day of the prior calendar quarter. Fees are prorated for accounts opened during the
quarter.

The account custodian may charge fees, which are in addition to and separate from advisory fees.
Accounts may incur transaction costs, retirement plan administration fees, mutual fund annual expenses
and other fees. Clients should note that fees for comparable services vary and lower or higher fees may be
charged by different providers for similar services.

Note: Additional fees for the use of various third-party manager platforms and sub-managers may apply
and are outlined in their separate disclosure documents. At LWA’s direction, third-party managers may
provide operational support to calculate and instruct custodians to debit fees from accounts on a quarterly
basis.

Wealth Advisory Services may be terminated by you with a complete refund of any prepaid fees within
five (5) business days of the original engagement. After that initial period, Wealth Advisory Services may
be terminated by either you or LWA at any time by providing thirty (30) days written notice to the other
party. Clients will receive a prorated refund of any unearned fees that have been paid.

Receipt of Additional Compensation
Neither LWA nor any supervised person is associated with any broker-dealer or accepts compensation for
the sale of securities or other investment products, including asset-based sales charges or service fees
from the sale of mutual funds.

ITEM 7: TYPES OF CLIENTS
LWA provides wealth management and investment advice to individuals, high net worth individuals,
families and institutions.

Account Minimums: The Advisor requires a minimum of $2,000,000 to establish a new advisory account;
however, the minimum may be waived at the sole discretion of the Advisor. In addition, the Advisor may
continue to service existing accounts that have values that are below the minimum.