Merited Wealth LLC

Item 5 – Fees and Compensation

Asset Management Services
The specific manner in which fees are charged by the firm is established in a client’s written agreement and
account application between the client and Merited Wealth – up to 2.0% of assets under management. The account
fee is typically a straight percentage based on the value of all assets in the account, including cash holdings. The
account fee also may be structured on a tiered basis, with a reduced percentage rate based on reaching certain
thresholds. The client will not be charged above the % listed above.

Fees and compensation for using the AssetMark Platform are provided in more detail in the AssetMark Platform
Disclosure Brochure. The fees applicable to each Account on the AssetMark Platform can include:
       1. Financial Advisor Fee,
       2. Combined Platform Fee, which will now include the Custody Fee
           and any Strategist or Manager Supplemental Fee, if applicable,
       3. Initial Consulting Fees;
       4. Other fees for special services may also be charged. The Client should
           consider all applicable fees.

Clients’ Advisory Fees are collected by the custodian(s) from client accounts and paid to Merited Wealth.
AssetMark pays Merited Wealth their fee agreed upon and outlined in Client’s Investment Advisory Agreement
with Merited Wealth. With regard to accounts with AssetMark, AssetMark will retain the portion of the total
collected fee owed pursuant to AssetMark’s agreement with client.

Clients’ Held Away Asset Fees are collected by Merited Wealth. A quarterly invoice is forwarded to the Client
outlining the total fee pursuant to the Agreement. The total fee charged Client by Merited Wealth is inclusive of
this fee to be paid the third-party platform. All fees paid on the third-party platform are paid from Merited Wealth
and not from the Client.

Client fees are payable quarterly, in advance, based on assets under management. Clients may terminate accounts
at any time and receive a full pro-rata refund of any unearned fees.

  Fees for Financial Planning Services
Merited Wealth provides financial planning services under either an hourly or flat fee arrangement. The hourly
or flat fee will be based on the type of services to be provided, the experience and expertise required, and the
sophistication and bargaining power of the client. In some instances, financial planning services may be provided
at no additional cost. In other instances, financial planning may be provided based on a fixed fee for services.
The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a
range of $1,500 - $10,000 and are paid up front (if 3 months or less) or on a monthly basis. Before commencing
financial planning services, Merited Wealth will provide either an estimate of the approximate hours needed to
complete the requested financial planning services or a flat fee for the GamePlan or Annual Flat Fee for ongoing
services. The Advisor may waive a portion of the financial planning services at their discretion.

The following criteria are considered when determining the number of hours expected to create a client specific
financial plan.
•      Income                         •     Children             •      Account Types and Holdings
•      Net Worth                      •     Liquid Asset         •      Education Costs
•      Investment Experience          •     Marital Assets       •      Investment Timeframe
•      Budget                         •     Risk Tolerance       •      AUM
•      Employment Status              •     Tax Bracket          •      Overall complexity of Client Situation

For our Growth Mode and Beyond Growth Mode services for which a planning fee separate from the investment
management fee is charged, the client may pay an upfront flat fee, and then an annual fee, paid on a monthly
basis, beginning at the next month agreed to by client and Merited Wealth. An invoice is sent to the client
outlining the fee pursuant to the Agreement.

  Other Fee Terms for Financial Planning Services
You may pay the financial planning fees by submitting payment directly (for example, by check) or through a
credit card or ACH through a Bank. Such fees can be paid from a personal or business bank account or an
investment account.

   •   You should notify Merited Wealth within ten (10) days of receipt of an invoice if you have questions
       about or dispute any billing entry.

To the extent Merited Wealth engages an outside professional (i.e., attorney, independent investment adviser or
accountant) while providing financial planning services to you, Merited Wealth will be responsible for the
payment of the fees for the services of such an outside professional, and you will not be required to reimburse
Merited Wealth for such payments. To the extent that you personally engage such an outside professional, you
will be responsible for the payment of the fees for the services of such an outside professional, and Merited Wealth
will not be required to reimburse Client for such payments.

If you elect to have your Investment Adviser Representative provide you services in his or her Outside Business
Activity as described below, your Investment Adviser Representative at his or her discretion may waive

or reduce the advisory fee charged for these services by the amount of the compensation received by your
Investment Adviser Representative from such Outside Business Activity. Any reduction of the investment
advisory fee will not exceed 100% of the outside compensation received.

 Prepayment of Fees
The Financial Planning services continue in effect until terminated by either party (i.e., Merited Wealth or you)
by providing written notice of termination to the other party. Any unearned fees will be promptly refunded by
Merited Wealth to you. Fee refunds will be determined at the time of termination, if any.
...

Item 7 – Types of Clients
Merited Wealth generally provides advisory services to the following Types of Clients:

   •   Individuals
   •   High-Net-Worth Individuals
   •   Entrepreneurs, Self-Employed Professionals and Executives.
   •   Corporations regarding their Company Sponsored Retirement Plans.
           o 3(21) Non-Discretionary Services
           o Participant Services

        Merited Wealth does not have a minimum investment account size to work with clients. Merited Wealth
has a stated minimum overall fee received, whether through financial planning fees or investment management
fees, to work with clients. Such minimum fee can be met through either financial planning fees, investment
management fees or a combination of both. Merited Wealth may raise or lower such minimum on a case-by-
case basis.