Legacy Wealth Asset Management LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Legacy Comprehensive Planning:

Our firm charges on a flat fee basis for Legacy Comprehensive Planning. We do, however, reserve the
right to waive the fees for Legacy Comprehensive Planning for any clients at our discretion. The total
estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
engagement with the client. Flat fees will not exceed $5,000. The fee-paying arrangements will be
determined on a case-by-case basis and will be detailed in the signed consulting agreement. Unless
otherwise noted in writing, our firm bills on cash. Our firm will not require a retainer exceeding
$1,200 when services cannot be rendered within 6 months.

ADV Part 2A – Firm Brochure                   Page 6                                       Legacy Wealth

Wrap Customized Legacy Portfolios:

Please refer to our Wrap Fee Program Brochure for more information regarding fees and
compensation for our Wrap Customized Legacy Portfolios service offering.

Wrap Legacy Funds Portfolios:

Please refer to our Wrap Fee Program Brochure for more information regarding fees and
compensation for our Wrap Legacy Funds Portfolios service offering.

Retirement Plan Consulting:

Our firm charges a fee based on a percentage of Plan assets under management for our Retirement
Plan Consulting service. The maximum annualized fee to be charged for this service will not exceed
1.00%. Fee-paying arrangements will be determined on a case-by-case basis and will be detailed in
the signed consulting agreement.

Other Types of Fees & Expenses

Legacy Comprehensive Planning clients who have not engaged our firm for our Wrap Customized
Legacy Portfolios or Wrap Legacy Funds Portfolios services will incur transaction fees for trades
executed by their chosen custodian. These transaction fees are separate from our firm’s advisory fees
and will be disclosed by the chosen custodian. Charles Schwab & Co., Inc. (“Schwab”) does not charge
transaction fees for U.S. listed equities and exchange traded funds.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees, distribution fees, surrender charges,
variable annuity fees, IRA and qualified retirement plan fees, mark-ups and mark-downs, spreads
paid to market makers, fees for trades executed away from custodian, wire transfer fees and other
fees and taxes on brokerage accounts and securities transactions). Our firm does not receive a
portion of these fees.

Wrap clients will not incur transaction costs for trades by their chosen custodian. More information
about this can be found in our separate Wrap Fee Program Brochure.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Wrap Customized
Legacy Portfolios & Wrap Legacy Funds Portfolios service in writing at any time. Upon notice of
termination pro-rata advisory fees for services rendered to the point of termination will be charged.
If advisory fees cannot be deducted, our firm will send an invoice for due advisory fees to the client.

Legacy Comprehensive Planning clients may terminate their agreement at any time by providing
written notice. Termination shall be effective upon receipt of notice. Clients shall be entitled to a full
refund upon termination of their agreement. Additionally, if clients are not satisfied with the financial
plan, our firm will provide a full refund at the Clients’ request provided that the refund is requested
within 30 days after delivery of the financial plan.

ADV Part 2A – Firm Brochure                     Page 7                                        Legacy Wealth

Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
written notice to the other party. Full refunds will only be made in cases where cancellation occurs
within 5 business days of signing an agreement. After 5 business days from initial signing, either
party must provide the other party 30 days written notice to terminate billing. Billing will terminate
30 days after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes
into account work completed by our firm on behalf of the client. Clients will incur charges for bona
fide advisory services rendered up to the point of termination (determined as 30 days from receipt
of said written notice) and such fees will be due and payable.

Commissionable Securities Sales

Representatives of our firm are registered representatives of M Holdings Securities, Inc. (“M
Financial”), member FINRA/SIPC. As such they are able to accept compensation for the sale of
securities or other investment products, including distribution or service (“trail”) fees. Clients should
be aware that the practice of accepting commissions for the sale of securities presents a conflict of
interest and gives our firm and/or our representatives an incentive to recommend investment
products based on the compensation received. Our firm generally addresses commissionable sales
conflicts that arise when explaining to clients these sales create an incentive to recommend based on
the compensation to be earned and/or when recommending commissionable mutual funds,
explaining that “no-load” funds are also available. Our firm does not prohibit clients from purchasing
recommended investment products through other unaffiliated brokers or agents.

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Trusts, Estates or Charitable Organizations;
   • Pension and Profit-Sharing Plans;
   • Corporations, Limited Liability Companies and/or Other Business Types

Our firm requires a minimum account balance of $150,000 for our Wrap Customized Legacy
Portfolio. Generally, this minimum account balance requirement is not negotiable and would be
required throughout the course of the client’s relationship with our firm.