Maltin Wealth Management Inc

Item 5. Fees and Compensation
MWM offers its services on a fee basis, which may include hourly and/or fixed fees, as well as fees based upon
assets under management. In limited circumstances depending upon the size of the account, clients who
engage MWM to provide financial planning services only, who then also engage MWM to provide asset
management services may receive a credit against their asset management fees in the amount of their payment
for financial planning services.

Financial Planning and Consulting Fees

MWM generally charges a negotiable fixed fee for financial planning and consulting services that are offered on
a stand-alone basis. These fees generally range up to $20,000 and depend upon the scope of services and the
professional rendering the financial planning or consulting services. As stated above, MWM may also include
financial planning services as part of its overall asset-based investment management fee.

MWM generally requires one-half of the financial planning and/or consulting fee payable upon execution of the
Agreement. The balance is generally due upon delivery of the financial plan or completion of the agreed upon
services. If the client engages MWM for additional investment advisory services, MWM may offset all or a
portion of its fees for those services based upon the amount paid for the financial planning and/or consulting
services.

Investment Management Fee

MWM provides investment management services for an annual wrap fee based upon the amount of assets
under MWM’s management. A complete description of the Program’s terms and conditions (including fees) are
contained in the Program’s Wrap Fee Brochure.

All clients, but especially those with smaller accounts, should be advised they may receive similar services from
other professionals for higher or lower overall costs.

Fees Charged by Financial Institutions

As further discussed in response to Item 12 (below), MWM generally recommends that clients utilize the
brokerage and clearing services of an independent broker-dealer for investment management accounts.

MWM may only implement its investment management recommendations after the client has arranged for and
furnished MWM with all information and authorization regarding accounts with appropriate financial institutions.
Financial institutions include, but are not limited to any broker-dealers recommended by MWM, broker-dealers
directed by the client, trust companies, banks etc. (collectively referred to herein as the “Financial Institutions”).

Clients may incur certain charges imposed by the Financial Institutions and other third parties such as custodial
fees, charges imposed directly by a mutual fund or ETF in the account, which are disclosed in the fund’s
prospectus (e.g., fund management fees and other fund expenses), margin fees, deferred sales charges, odd-
lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage
accounts and securities transactions. Additionally, for assets outside of the Program, if any, clients may incur
separate brokerage commissions and transaction fees.

Fee Debit

MWM’s Agreement and the separate agreement with any Financial Institutions authorize MWM to debit the

client’s account for the amount of MWM’s fee and to directly remit that management fee to MWM. Any Financial
Institutions recommended by MWM have agreed to send a statement to the client, at least quarterly, indicating
all amounts disbursed from the account including the amount of management fees paid directly to MWM.

Account Additions and Withdrawals

Clients may make additions to and withdrawals from their account at any time, subject to MWM’s right to terminate
an account. Additions may be in cash or securities provided that MWM reserves the right to liquidate any
transferred securities or decline to accept particular securities into a client’s account. Clients may withdraw
account assets on notice to MWM, subject to the usual and customary securities settlement procedures.
However, MWM designs its portfolios as long-term investments and the withdrawal of assets may impair the
achievement of a client’s investment objectives. MWM may consult with its clients about the options and
ramifications of transferring securities. However, clients are advised that when transferred securities are
liquidated, they are subject to transaction fees, fees assessed at the mutual fund level and tax ramifications.

Types of Clients

Services through the Program are generally offered to individuals, pension and profit sharing plans, trusts,
estates, charitable organizations, corporations and business entities.

Item 6. Portfolio Manager Selection and Evaluation

Clients’ investment portfolios are managed directly by MWM.

Portfolio Management

Clients can engage MWM to manage all or a portion of their assets on a discretionary or non-discretionary
basis. MWM primarily allocates clients’ assets among mutual funds, ETFs and structured notes. Clients’ assets
may also be allocated to individual debt and equity securities and options. MWM may also advise on other types
of investments held in clients' portfolios, as needed.

Clients may also engage MWM to advise on certain of their assets that are not maintained with their primary
custodian (e.g., variable life/annuity products, individual employer-sponsored retirement plans, qualified tuition
plans, etc.). These assets are generally maintained at the custodian designated by the product’s provider or the
underwriting insurance company. In these situations, MWM directs or recommends the allocation of client
assets among the various investment options that are available with the product.

MWM tailors its advisory services to the individual needs of clients. MWM consults with clients initially and on an
ongoing basis to determine risk tolerance, time horizon and other factors that may impact the clients’ investment
needs. MWM ensures that clients’ investments are suitable for their investment needs, goals, objectives and risk
tolerance. Clients are advised to promptly notify MWM if there are changes in their financial situation or investment
objectives or if they wish to impose any reasonable restrictions upon MWM’s management services. Clients may
impose reasonable restrictions or mandates on the management of their account (e.g., require that a portion of
their assets be invested in socially responsible funds) if, in MWM’s sole discretion, the conditions will not materially
impact the performance of a portfolio strategy or prove overly burdensome to its management efforts.

Side-By-Side Management

MWM does not provide any services for performance-based fees. Performance-based fees are those based on
a share of capital gains on or capital appreciation of the assets of a client.