MC Byrd Wealth Management LLC

Item 5 – Fees and Compensation

Fees charged are negotiable and will not exceed 1.5%.

M.C. Byrd utilizes the services of multiple custodians in order to service different aspects
of our client’s overall portfolio (e.g., retirement, non-retirement, college savings, etc.).
Each custodian may process fee billings in a different manner. Therefore, our annual fee
will be based on the total account value, and such fee shall be automatically deducted
from the client’s Account payable quarterly or monthly in arrears or advance on the first
day of the month or quarter, depending on the custodian.

The initial Management Fee will be prorated to cover the period from the date the Account
is opened through the end of the first calendar month or quarter. Thereafter, the
Management Fee will be based upon (depending on the custodian) either the average
daily balance or the market value of the assets in the Account as of the close of business
on the last business day of each applicable calendar quarter or month. Please note that
the balance your fee is based on may not match the statement you receive from the
custodian due to dividends, incoming contributions, outgoing withdrawals, settlement
issues, etc.

Fees are negotiable. Therefore, clients with similar assets under management and
investment objectives may pay significantly higher or lower fees than other clients. The
client’s fees will take into account the aggregate number of portfolios under management
with the Adviser. Both the Adviser’s Investment Advisory Agreement and the
custodial/clearing agreement may authorize the custodian, to debit the account for the
amount of the Adviser’s investment advisory fee and to directly remit that management
fee to the Adviser in compliance with regulatory procedures. Clients will be provided with
a monthly or quarterly statement from the account custodian reflecting deduction of the
advisory fee.

The custodians that we use charge transaction fees (which we reserve the right to pass
along) for effecting certain securities transactions (i.e., transaction fees are charged for
certain no-load mutual funds, ETFs, and/or for individual equity and fixed income
securities transactions), in addition to wire transfer fees and other fees and taxes on
brokerage accounts and securities transactions. In addition to the Adviser’s investment
management fee, and/or transaction fees, the client will also incur, relative to all mutual
fund and ETFs, charges imposed at the fund level (e.g., management fees and other fund
expenses), which shall be disclosed in the fund/ETF prospectus. The transaction fees

charged by our custodians may be higher or lower than those charged by other broker-
dealers/custodians.

Either party may terminate the agreement at any time by providing written notice to the
other party. Full refunds will only be made in cases where cancellation occurs within five
(5) business days of signing the Adviser’s investment advisory agreement. After five (5)
business days, and as applicable, clients will receive a pro-rata refund, which take into
account work completed by the Adviser on behalf of the client. The client will incur charges
for bona fide advisory services rendered to the point of termination excluding
administrative fees or account set-up fees, and such fees will be due and payable by the
client.

Fees for Referral to Third-Party Asset Manager Services

MAS Program

Third-party asset manager services are provided on a fee-only basis for a percentage of
assets, not to annually exceed 1.5% of assets under management. Under these
arrangements, your advisory fee is split between us and the third-party asset manager.

The third-party money managers’ annual investment advisory fee (along with our portion)
shall be pro-rated and paid quarterly, in advance or in arrears. The percentage (%) portion
of the fee shall be based upon the market value of the assets on the last day of the
previous quarter. These third-party money managers may, in their sole discretion, charge
a lesser annual advisory fee based upon certain criteria (i.e., anticipated future earning
capacity, anticipated future additional assets, dollar amount of assets to be managed,
related accounts, type of services required, account composition, negotiations with
clients, etc.).

Envestnet bills the client for investment management fee, collects the fee and disburses
the fee to M.C. Byrd and the third-party money manager. A breakdown of the fees charged
to the client is available in the client agreement.

Fees for Financial Planning and Financial Consulting Services

Adviser offers financial planning services on an hourly basis for $250 per hour, which may
be negotiable depending on the nature and complexity of each client’s circumstances. An
estimate for total hours will be determined at the start of the advisory relationship.

The Adviser’s fee is exclusive of, and in addition to, brokerage commissions, transaction
fees, and other related costs and expenses which shall be incurred by the client. However,
the Adviser shall not receive any portion of these commissions, fees, and costs. The

hourly fees are determined after considering many factors, such as the level and scope
of the services.

The Adviser may also charge a negotiable fixed fee of $1,000 for a financial plan, which
is dependent upon the level and scope of these services. One half of the total estimated
fixed and hourly fees are due and payable at the time the client’s agreement is executed,
the remainder of the fees are due upon presentation of a plan or the rendering of
consulting services. Financial plans will be presented to the clients within six (6) months
of the contract date, provided that all information needed to prepare the financial plan has
been promptly provided by the clients.

As stated previously, the hourly rate is $250 per hour. In the event that a client cancels
the financial planning agreement under which any plan is being created, the client shall
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Item 7 – Types of Clients

We provide investment advisory services to individuals, pension and profit-sharing plans,
trusts, estates, charitable organizations, and foundations. We do not require a minimum
account size for opening or maintaining an account.