Lifepoint Planning PLLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the client within five (5)
business days of signing the contract without incurring any advisory fees. How we are paid depends on the type
of advisory service we are performing. Please review the fee and compensation information below.

Investment Management & Financial Planning Services (LifePoint Planning Manages) - AUM Fee
The maximum fee table before discounts is based on the market value of the assets under management and is
calculated as follows:

 Asset Value                                                 Annual Fee

 <$1,000,000                                                 1.5%

 >$1,000,000                                                 1.0%

Fees to be assessed will be outlined in the advisory agreement to be signed by the client. Advisory fees are billed
monthly or quarterly in advance on a pro-rata basis based on the value of the account(s) on or near the last day
of the month.
The fees will be billed 12 times per year. For example: if the client’s fee is 0.72% on an annualized basis, each
time the fee is billed, it will equal (0.72 / 12) * (Account value).

Advisory fees are debited directly from client accounts, or clients may choose to pay by check. Accounts initiated
or terminated during a calendar month will be charged a pro-rated fee based on the amount of time remaining in
the billing period. An account may be terminated with written notice at least 30 calendar days in advance. Upon
termination of the account, any unearned fee will be refunded to the client.

Flat Fee Financial Planning and Investment Management Services
Flat Fee Financial Planning and Investment Management Services consist of an ongoing fee paid monthly or
quarterly in advance, generally ranging from $900 to $5,000 per month, with the fee adjusted annually for
inflation, up to a maximum of 3%. The fee may be negotiable in certain circumstances. For Clients engaging in
flat fee services, their fee may be directly debited from a managed account, not to exceed 3% of assets under
management per year. If a flat fee client elects to utilize a Separately Managed Account, the strategist’s fee will
be in addition to the adviser’s fee. As noted above, this type of relationship includes investment management
services for assets without incurring an additional investment management fee.

Use of Third Party Managers, Outside Managers, or Sub-Advisors
Betterment
Fees to be assessed will be outlined in the advisory agreement to be signed by the client. The fees are paid in
advance on a quarterly basis. The Outside Manager (Betterment) will debit the client’s account for both the
Outside Manager’s fee (0.20%), and LPP’s advisory fee, and will remit LPP’s fee to LPP. Please note LPP’s fee does
not include the Outside Manager’s fee. No increase in the annual fee shall be effective without agreement from
the client by signing a new agreement or amendment to their current advisory agreement. For Betterment’s fee
of 0.20%, they provide re-balancing, tax loss harvesting (when appropriate), and portfolio models. LPP’s role is to
help the client decide on a portfolio model that aligns with their goals and coach the client on their investing
behavior.
Altruist
Fees to be assessed will be outlined in the advisory agreement to be signed by the client. The annual fees are
calculated on an annual basis, paid monthly in advance, based on the previous months ending balance. For
example, a client with an account value of $1,100,000 will have an annual fee of $16,000 (($1,000,000 x 1.50%) +
($100,000 x 1.00%)). The Outside Manager (Altruist) will debit the client’s account for both the Outside
Manager’s fee, and LPP’s advisory fee, and will remit LPP’s fee to LPP. Please note LPP’s fee does not include the
Outside Manager’s fee. No increase in the annual fee shall be effective without agreement from the client by
signing a new agreement or amendment to their current advisory agreement. For Altruist’s fee, they provide
re-balancing, tax loss harvesting (when appropriate), and portfolio models. LPP’s role is to help the client decide
on a portfolio model that aligns with their goals and coach the client on their investing behavior.
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the amount
of time remaining in the billing period. An account may be terminated with written notice at least 30 calendar
days in advance. Upon termination of the account, any unearned fee will be refunded to the client.

Separately Managed Accounts (SMAs)
The annual fees are negotiable, pro-rated, and paid in advance or arrears on a monthly or quarterly basis. When
an SMA strategy is utilized, the maximum fee will not exceed 3%, which includes the adviser’s fee and the
provider/strategist’s fee.

Compensation for Sales of Securities
LPP nor its Supervised Persons (as defined in the Investment Advisers Act of 1940, as amended, the “Advisers
Act”) accept compensation for the sale of securities or other investment products other than certain Supervised
Persons who are licensed insurance professionals and may recommend certain insurance products to clients of
LPP. Implementations of insurance recommendations are not made by LPP. These Supervised Persons will receive
customary commissions and other related revenues from the various insurance companies whose products they
sell. Such Supervised Persons and their related activities are described in further detail in the Form ADV Part 2B
Brochure Supplements, which are available upon request.
This practice presents a conflict of interest and gives such Supervised Persons an incentive to recommend
insurance products based on the compensation received, rather than on a Client’s needs. Supervised Persons will
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Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth individuals,
corporations or other businesses.
We do not have a minimum account size requirement, however, $2,000,000 household net worth is suggested.