Lord and Richards Wealth Management LLC

Item 5: Fees and Compensation
II                                                                                                 II
     A. Fee Schedule

     Portfolio Management Fees

             Total Assets Under Management          Annual Fees
             Up to $1,000,000                       1.50%

             $1,000,001 - $2,499,999                1.00%

             $2,500,000 - $4,999,999                0.75%

             Above $5,000,000                       0.50%

     LRWM uses the value of the account as of the last business day of the billing period for
     the purpose of determining the market value of the assets upon which the advisory fee is
     based.

     These fees are generally negotiable, and the final fee schedule will be memorialized in the
     client’s advisory agreement. Clients may terminate the agreement without penalty for a
     full refund of LRWM's fees within five business days of signing the Investment Advisory
     Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
     with 30 days' written notice.

     B. Payment of Fees

     Payment of Portfolio Management Fees

     Asset-based portfolio management fees are withdrawn directly from the client's accounts
     with client's written authorization monthly. Fees are paid in arrears.

     C. Client Responsibility for Third Party Fees

     Clients are responsible for the payment of all third-party fees (i.e. custodian fees,
     brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
     distinct from the fees and expenses charged by LRWM. Please see Item 12 of this brochure
     regarding broker-dealer/custodian.

     D. Prepayment of Fees

     LRWM collects its fees in arrears. It does not collect fees in advance.

       E. Outside Compensation for the Sale of Insurance Products to
       Clients

       Timothy Alan Trier, Jonathan Luke Glazier, Colin Timothy Richards, Luke Taylor
       Gregory, Andrew Jay Stenzel, William Waring Meyer Jr and Justin De McDonald are
       insurance agents. In this role, they accept compensation for the sale of insurance products
       to LRWM clients.

       1. This is a Conflict of Interest

          Supervised persons may accept compensation for the sale of insurance products to
          LRWM’s clients, including commissions, sales charges or service fees. This presents a
          conflict of interest and gives the supervised person an incentive to recommend
          products based on the compensation received rather than on the client’s needs. .
          LRWM addresses this conflict of interest by requiring its supervised persons to always
          act in the best interest of the client, including when acting as an insurance agent.

       2. Clients Have the Option to Purchase Recommended Products from
       Other Brokers

          Clients always have the option to purchase LRWM recommended products through
          other brokers or agents that are not affiliated with LRWM.

       3. Commissions are not LRWM's primary source of compensation for
       advisory services

          Commissions are not LRWM’s primary source of compensation for advisory services.

       4. Advisory Fees in Addition to Commissions or Markups

          Advisory fees that are charged to clients are not reduced to offset the commissions or
          markups on insurance products recommended to clients.

Item 7: Types of Clients

LRWM generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals

There is no account minimum for any of LRWM’s services.