McCay Wealth Advisory LLC

Fees and Compensation

The following types of fees will be assessed:

Asset Management – Fees are charged in advance and are based primarily on asset size and the
level of complexity of the services provided. In individual cases, McCay Wealth Advisory, LLC
has the sole discretion to negotiate fees that are lower than the standard fee shown or to waive
fees. Fees are not based on the share of capital gains or capital appreciation of the funds or any
portion of the funds. Comparable services for lower fees may be available from other sources.
Fees for the initial quarter will be prorated based upon the number of calendar days in the
calendar quarter that the advisory agreement is in effect. Fees are based on the market value of
the assets on the last business day of the previous quarter. Annual fees range from 1.00% -
1.40% depending on the amount of assets under management (“AUM”) – See chart below.
Consulting services are included in these fees for asset management services with the exception
of unique circumstances that may require a separate agreement for financial planning services
(description and fees are discussed below). If the situation warrants separate financial planning
fees, it will be discussed upfront and a separate agreement will be negotiated.

Fee Schedule for Asset Management:

   Total Account Value                                Maximum Annual Advisory Fee

  Under $1,000,000                                                  1.40%
 $1,000,001 – $3,000,000                                            1.20%
 $3,000,001 or more                                                 1.00%

As authorized in the client agreement, the account custodian withdraws McCay Wealth
Advisory, LLC’s advisory fees directly from the clients’ accounts according to the custodian’s
policies, practices, and procedures. The custodial statement includes the amount of any fees paid
to McCay Wealth Advisory, LLC for advisory services. You should carefully review the
statement from your custodian/broker-dealer’s statement and verify the calculation of fees. Your
custodian/broker-dealer does not verify the accuracy of fee calculations.

Fees are charged in advance on a quarterly basis, meaning that advisory fees for a quarter are
charged on the first day of the quarter. Clients may terminate investment advisory services
obtained from McCay Wealth Advisory, LLC, without penalty, upon written notice within five
(5) business days after entering into the advisory agreement with McCay Wealth Advisory, LLC.
The client is responsible for any fees and charges incurred by the client from third parties as a
result of maintaining the account such as transaction fees for any securities transactions executed
and account maintenance or custodial fees. Thereafter, the client may terminate advisory
services upon written notice delivered to and received by McCay Wealth Advisory, LLC.
Clients who terminate investment advisory services during a quarter are charged a prorated
advisory fee based on the date of McCay Wealth Advisory, LLC’s receipt of client’s written
notice to terminate. Any earned but unpaid fees are immediately due and payable.

Financial Planning – Financial planning services are charged in advance through a fixed fee or
hourly arrangement as agreed upon between the client and McCay Wealth Advisory, LLC.
There will never be an instance where $500 or more in fees is charged six or more months in
advance. Hourly fees are generally charged when the scope of services cannot be determined or
if the services are limited to one meeting. Fixed fees are generally quoted to the client for longer
term consulting projects. Fees are negotiable and vary depending upon the complexity of the
client situation and services to be provided. Hourly fees range from $250 - $500 per hour,
depending on what is negotiated between McCay Wealth Advisory, LLC and the client. Similar
financial planning services may be available elsewhere for a lower cost to the client. Fixed fees
for longer-term consulting projects range from $250 to $2,000 per project. An estimate for total
hours and charges is determined at the start of the advisory relationship.

Typically, clients will be invoiced monthly for all time spent by McCay Wealth Advisory, LLC
as agreed upon by client or upon completion of the services if less than a month. Clients who
wish to terminate the planning process prior to completion may do so with written notice. The
client may obtain a refund of a pre-paid fee if the advisory contract is terminated before the end
of the billing period by contacting Brent McCay at (931) 728-2130. Upon receipt of written
notification, any earned fee will immediately become due and payable. A client may terminate
an advisory agreement without being assessed any fees or expenses within five (5) days of its
signing.

Additional Fees and Expenses

In addition to advisory fees paid to McCay Wealth Advisory, LLC as explained above, clients
may pay custodial service, account maintenance, transaction, and other fees associated with
maintaining the account. These fees vary by broker and/or custodian. Clients should ask McCay
Wealth Advisory, LLC for details on transaction fees or other custodial fees specific to their
account, as these fees are not included in the annual advisory fee. McCay Wealth Advisory,
LLC does not share any portion of such fees. Additionally, for any mutual funds purchased, the
client may pay their proportionate share of the funds’ distribution, internal management,
investment advisory and administrative fees. Such fees are not shared with McCay Wealth

Advisory, LLC and are compensation to the fund manager. Clients are urged to read the mutual
fund prospectus prior to investing.

Mutual fund companies impose internal fees and expenses on clients. These fees are in addition
to the costs associated with the investment advisory services as described above. Complete
...

Types of Clients

McCay Wealth Advisory, LLC offers investment advisory services primarily to individuals.
There is no minimum account size to open and maintain an advisory account.

Form ADV, Part 2A, Item 8

       Methods of Analysis, Investment Strategies, and Risk of Loss

McCay Wealth Advisory, LLC’s methods of analysis and investment strategies incorporate the
client’s needs and investment objectives, time horizon, and risk tolerance. McCay Wealth
Advisory, LLC is not bound to a specific investment strategy for the management of investment
portfolios, but rather consider the risk tolerance levels pre-determined gathered at the account
opening, as well as on an on-going basis. Examples of methodologies that our investment
strategies may incorporate include:

Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a mix
of asset classes and the efficient allocation of capital to those assets by matching rates of return
to a specified and quantifiable tolerance for risk.

Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar amount
of securities at regularly scheduled intervals, regardless of the price per share. This will
gradually, over time, decrease the average share price of the security. Dollar-cost averaging
lessens the risk of investing a large amount in a single investment at the wrong time.

Technical Analysis – involves studying past price patterns and trends in the financial markets to
predict the direction of both the overall market and specific stocks.

Long-Term Purchases – securities purchased with the expectation that the value of those
securities will grow over a relatively long period of time, generally greater than one year.

Short-Term Purchases – securities purchased with the expectation that they will be sold within a
relatively short period of time, generally less than one year, to take advantage of the securities’
short-term price fluctuations.

Our strategies and investments may have unique and significant tax implications. Regardless of
your account size or other factors, we strongly recommend that you continuously consult with a
tax professional prior to and throughout the investing of your assets.

Investing in securities involves risk of loss that clients should be prepared to bear. Although we
manage your portfolio with strategies and in a manner consistent with your risk tolerances, there

can be no guarantee that our efforts will be successful. You should be prepared to bear the risk
of loss.

All investments involve the risk of loss, including (among other things) loss of principal, a
reduction in earnings (including interest, dividends, and other distributions), and the loss of
future earnings. These risks include market risk, interest rate risk, issuer risk, and general
economic risk. Regardless of the methods of analysis or strategies suggested for your particular
investment goals, you should carefully consider these risks, as they all bear risks.

Artificial Intelligence and Machine Learning Risk - Certain service providers utilized by the
Firm to service client accounts have artificial intelligence components. The use of artificial
intelligence and machine learning includes increased risk of data inaccuracies and security
vulnerabilities. Due to the rapid advancement of machine learning technologies, future risks
related to artificial intelligence are unpredictable. As a measure to mitigate these risks to our
clients, the Firm performs periodic due diligence of our service providers for assurance that the
service providers have appropriate controls in place to protect our clients’ information and to
limit data inaccuracies when artificial intelligence is used by the service provider.

Form ADV, Part 2A, Item 9