Magnolia Wealth Management LLC

Item 5 – Fees and Compensation

Portfolios Managed by Magnolia Wealth Management
For accounts managed by Magnolia Wealth Management, clients with $250,000 in assets under
management or less will generally be charged a 1.40% Fee. Clients who have between $250,000.01 and
$500,000 in assets under management will generally be charged 1.3%. Clients who have between
$500,000.01 and $1,000,000 in assets under management will generally be charged 1.25 %. Clients who
have between $1,000,000.01 and $2,000,000 in assets under management will generally be charged
0.95%. Clients who have between $2,000,000.01 and $5,000,000 in assets under management will
generally be charged 0.75%. Fees for clients with assets under management in excess of $5,000,000 will
be charged a negotiable fee.

Management of brokered CDs shall only be charged a negotiated management fee up to a maximum of
1.00%.

All of the fees described above are annual fees and may be negotiable based upon certain circumstances.
Multiple accounts of family members, at the same mailing address, may be considered one consolidated
account for billing purposes. No increase in the annual fee shall be effective without prior written
notification to you.

Fees are charged monthly, in arrears. Advisory Fees are deducted from client accounts five to ten business
days following the month end directly from client accounts, based on the market value of the account(s)
under management on the last business day of the previous month. Our fees will be clearly defined in the
contract you sign with us.

Financial Planning and Consulting Fees
We do not charge a fee for clients who are paying for portfolio management services. In those instances,
the financial consulting services we may offer will be incidental to our portfolio management services and
will be detailed in your Advisory Agreement. We will charge a fee of $200.00 per hour for our financial
planning and consulting services for clients who are not paying for portfolio management services, which
may be negotiable based on certain circumstances.

Magnolia Wealth Management   ADV Part 2A                    January 2026                                  Page 6 of 20
                                                                           © 2010 – 2025 Red Oak Compliance Solutions LLC

We do not accept prepayment of more than $1200 in fees per client, six months or more in advance. The
financial consulting services agreement will terminate once you receive the final plan.

The Consulting Services Agreement will show the fee you will pay.

All recommendations developed by us are based upon our professional judgment. We cannot guarantee
the results of any of our recommendations.

Third Party Money Managers

Fees for clients using third party money managers will be billed by Magnolia Wealth Management and the
third-party manager. The fee from Magnolia will be at the same rate as other portfolios managed by
Magnolia Wealth Management, as shown above. The third-party money manager fee will be separate
from, and in addition to, fees from Magnolia Wealth Management. Please refer to the third-party money
manager(s)’ ADV Part 2 and other disclosure documents for a full description of their fees.

Fees are charged monthly, in arrears. Advisory Fees are deducted from client accounts five to ten business
days following the quarter end directly from client accounts, based on the market value of the account(s)
under management on the last business day of the previous quarter. Third-party money manager fees will
be clearly defined in the contract you sign with the third-party money manager and in the third-party
money manager’s ADV Part 2A Brochure. The third-party money managers we recommend will not
directly charge you a higher fee than they would have charged without us introducing you to them. Under
no circumstances will the combined fees charged by the Adviser and third-party money manager(s)
exceed 2% of the client’s(s’) assets under management.

To determine the exact amount of the fees you will incur through your relationship with the third-party
money manager, you should review the contract you sign with the third-party money manager and the
third-party money manager’s ADV Part 2A. All third-party money manager fees, and the separate written
disclosures made to you regarding these fees, comply with applicable state statutes and rules. The
separate written disclosures that the third-party money manager must provide include: a copy of the
third-party money manager’s Form ADV Part 2, all relevant Brochures, and a copy of the third-party money
manager’s privacy policy.

In addition to the Adviser’s annual investment management fee, the Client shall also incur, relative to all
mutual fund purchases which includes charges imposed at the mutual fund level (i.e. advisory fees and
other fund expenses, if applicable), transaction and administrative fees. The Client acknowledges that
trading costs will be assessed to the Client according to the agreements made with the Custodian(s) and
other third parties as applicable.

No portion of the Adviser compensation shall be based on capital gains or capital appreciation of the
Assets. Magnolia Wealth Management LLC does not charge performance based fees.

The Client can terminate the relationship without penalty within the first five (5) days after the signing of
this agreement.

Magnolia Wealth Management    ADV Part 2A                    January 2026                                  Page 7 of 20
                                                                            © 2010 – 2025 Red Oak Compliance Solutions LLC

Third Party Fees
The fees charged by third party money managers may not include brokerage commissions, transaction
fees, and other related costs and expenses. You may incur certain charges imposed by custodians, third
party investment companies and other third parties. These include fees charged by managers, custodial
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