M Holdings Securities Inc

Item 5               Fees and Compensation

M Securities and our Financial Professionals receive compensation for providing Clients with investment advisory
services. Advisory fees vary between Programs and services. With the exception of Financial Planning/Consulting
Services, and certain Retirement Plan services, Client’s will pay an advisory fee based on the value of Account assets
under management, including cash and cash equivalents. Clients can negotiate advisory fees directly with their
Financial Professional. Advisory fees will vary from Client to Client and from Financial Professional to Financial
Professional. Prior to establishing an Account, the total advisory fee will be detailed, in writing, in the Client’s
Agreement. Clients should carefully compare the services, costs, and experience level between Financial Professionals
as well as to other portfolio managers and investment advisory programs.

The advisory fee does not include fees for the services of sub-advisors, custodian, and trade execution, and other
transaction costs, for fees and expenses charged by mutual funds, or fees charged by insurance carriers for their
policyholders. Wrap Program Fees differ in that those fees generally include the fees of subadvisors, trade execution
costs, and the Financial Professional. Further information is provided below under Wrap Fee Program Fees and Costs.

INVESTMENT ADVISORY SERVICE - WRAP FEE PROGRAMS FEES AND COSTS

In a wrap fee arrangement, Clients pay a single fee for advisory, brokerage, and custodial services. In evaluating such
an arrangement, the Client should also consider that, depending upon the wrap fee charged, the amount of portfolio
activity in the Client’s account, and other factors, the wrap fee may or may not exceed the aggregate cost of such
services if they were to be provided separately. While we summarize the fees for Wrap Fee Programs below, more
detailed information about these programs is available in Item 4 of our Wrap Brochure.

WealthPursuit Wrap Fee Programs
The maximum fee for WealthPursuit Wrap Fee Programs is limited to 3%, and Clients will negotiate their Program Fee
to levels that range with their Financial Professional. Certain minimum Platform Fees will apply to these Programs that
will increase the negotiated Program Fee for accounts below specified asset levels.

M Wealth MPP Wrap Program
MPP Wrap Program fees vary depending upon the custodian and model selected, but will not exceed 1.36% for
accounts with at least $150,000 in Account assets under management (Accounts with asset values less than $45,455
will have minimum Platform Fees that will cause this rate to increase).

INVESTMENT ADVISORY SERVICE - ADVISORY SERVICES FEES AND COSTS (NON-WRAP)

The information below describes the fees associated with programs that are non-wrap programs, as such the advisory
fee typically does not include certain costs, unless specifically noted, such as brokerage, transaction fees, custodial,
sub-advisors, and internal product charges. Please see the general information and calculation of fees sections that
follow the individual program fee descriptions.

WealthPursuit Prime Fees
In WealthPursuit Prime, Clients pay an annualized advisory fee that is limited to a maximum rate of 3% of Account
assets under management. Clients will negotiate the advisory fee with their Financial Professional. Transactions fees
M Holdings Securities, Inc.
Form ADV Part 2A – Disclosure Brochure

are paid separately by the Client to the custodian for each transaction in the Account and are not included in the
advisory fee. Additional custodian fees will apply, please see below under General Information, Custodian Fees for
information. M Securities uses the advisory fee to pay for the services of the Financial Professional, Platform Provider
and our oversight of the Account. Our Platform Provider for this Program has a minimum fee and a maximum fee that
can cause your stated advisory fee to increase or decrease slightly. Please see details below under Calculation of
Advisory Fees, Minimum Annual Platform Fee, for additional information.

Schwab Managed Account Select, Managed Account Access, and Marketplace Fees
In Schwab Select and Access, Schwab will charge a Schwab Program Fee based on the amount of assets under
management. The Schwab Program Fee will compensate the MM for their portfolio management services and Schwab
for most brokerage services. The Schwab Program Fee does not pay for specific services provided by BDs other than
Schwab for transactions executed or effected through the Account. The exact Schwab Program Fee Client will pay will
be specified in a separate Schwab Managed Account Agreement and other supplemental documents provided by
Schwab, but will range from .25% to 1% of assets under management. Schwab imposed account minimums are
$100,000 for most equity strategies, $250,000 for most fixed income strategies, and range from $150,000 to $650,000
for diversified portfolios. Related accounts can be combined for the purpose of lower program fees. Clients should
refer to the appropriate Schwab Form ADV brochure and the Client’s Schwab account application for greater fee detail.

For Marketplace Accounts, Schwab will charge clients the management fee of the MM chosen to manage Marketplace
Account assets, which will vary depending upon MM chosen. Schwab Accounts not associated with Marketplace will
not have additional MM fees, as the Clients appoint the Financial Professional as portfolio manager.

Clients will additionally choose to pay Schwab asset-based transaction fees (“ABP”) based on Account assets, or Clients
will choose to pay Schwab transaction-based fees (“TBP”) for each transaction. All such transaction charges are
retained by Schwab and are not shared with M Securities. The schedule for these TBP or ABP charges are detailed in a
separate Schwab Marketplace Agreement or Schwab Account Agreement. Additional services and costs, including but
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Item 7               Types of Clients

M Securities provides advisory services to a wide variety of Clients including but not limited to: individuals, charitable
organizations, corporations, and other business entities, retirement plans (including 401(k) plan sponsors and pension
plans) and trusts.