MBE Wealth Management LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or
more written agreements with the Advisor.

A. Fees for Advisory Services
Financial Planning Services
MBE Wealth offers financial planning services either on an hourly or fixed fee basis. Hourly fees range from $100 to
$300 per hour. Fixed fees range from $500 to $2500 per engagement. Fees may be negotiable based on the
nature and complexity of the services to be provided and the overall relationship with the Advisor. An estimate for
total hours and/or total costs will be provided to the Client prior to engaging for these services.

Investment Management Services
Investment advisory fees are paid quarterly or monthly, at the beginning of each calendar quarter or end of each
calendar month, pursuant to the terms of the investment advisory agreement. Investment advisory fees are based
on the market value of assets under management at the end of the prior calendar quarter or end of the calendar
month. Investment advisory fees range up to 1.50% annually based on several factors, including: the complexity of
services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.
Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other complexities
may be charged a higher fee. If assets are deposited into or withdrawn from the Client’s account[s], The Advisor’s
fee will be adjusted in the next billing period to reflect the fee difference. The Advisor may negotiate a fee that
differs from the schedule above for certain account[s] or holdings.

The investment advisory fee in the first quarter or month of service is prorated from the inception date of the Client’s
account[s] to the end of the first quarter or month. Fees may be negotiable at the sole discretion of the Advisor. The
Client’s fees will take into consideration the aggregate assets under management with the Advisor. All securities
held in accounts managed by MBE Wealth will be independently valued by the Custodian. MBE Wealth will conduct
periodic reviews of the Custodian’s valuations.

For Client accounts established through American Funds Services, the Client will pay the Advisor an annual
investment advisory fee of 0.50%. Investment advisory fees are payable at the end of each quarterly period,
pursuant to the terms of the investment advisory agreement. Investment advisory fees are based on the market
value of assets under management at the end of the quarterly period, ending the last business day of February,
May, August and November. The investment advisory fee in the first quarterly period of services is prorated from
the inception date of the Client’s account[s] to the end of the first quarterly period. The investment advisory fee is
calculated based on the average net asset value of the Client’s assets during the quarterly period, as provided by
the Client’s designated Custodian.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C. below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fee, and costs.

Use of Independent Managers – As noted in Item 4, the Advisor will implement all or a portion of a Client’s
investment portfolio utilizing one or more Independent Managers. To eliminate any conflict of interest, the Advisor
does not earn any compensation from an Independent Manager. The Advisor will only earn its investment
                                             MBE Wealth Management, LLC
                                          200 W. Warren Street, Tomah, WI 54660
                                        Phone: (608) 372-5521 * Fax: (608) 372-5518
                                                 http://www.mbewealth.com

advisory fee as described above. Independent Managers typically do not offer any fee discounts but may have a
breakpoint schedule which will reduce the fee with an increased level of assets placed under management with
an Independent Manager. The terms of such fee arrangements are either included in the Independent Manager’s
disclosure brochure and applicable contract[s] with the Independent Manager or the Advisor will allocate a portion
of the advisory fee collected to the Independent Manager pursuant to the terms of the executed agreement
between the Advisor and the Independent Manager. The total blended fee, including the Advisor’s fee and the
Independent Manager’s fee, will not exceed 2.00% annually.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are paid quarterly, in advance of, or at the end of each calendar quarter,
pursuant to the terms of the retirement plan advisory agreement. Retirement plan advisory fees are charged as a
percentage of assets in the Plan that varies, based on the scope of the services to be rendered, and range up to
0.75% annually for highly complex and involved engagements. Fees may be negotiable based on the scope and
complexity of the services provided to the Plan.

Financial Institution Consulting Services
MBE Wealth receives a consulting fee based on the assets under MSI’s management from Brokerage Customers
who have provided written consent to MSI to receive the consulting service from MBE Wealth. The consulting fee is
calculated from the assets under MSI’s management as of the end of a calendar quarter period multiplied by the
annualized rate of 65 basis points. The initial fee is paid only after the completion of one full calendar quarter period
following the date of the executed agreement with MSI.

B. Fee Billing
Investment Management Services
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Item 7 – Types of Clients

MBE Wealth offers investment advisory services to individuals, high net worth individuals, trusts, estates,
charitable organizations, businesses, retirement plans and financial institutions. The amount of each type of
Client is available on MBE Wealth’s Form ADV Part 1A. These amounts may change over time and are updated
at least annually by the Advisor. MBE Wealth generally does not impose a minimum size for establishing a
relationship.