Merrithew & Thorsten Inc

Item 5 – Fees and Compensation
The fee structure at Merrithew & Thorsten, Inc. is designed to eliminate conflicts of
interest between our clients and ourselves. For comprehensive financial planning, we
charge a flat fee based on the complexity of our clients’ situations. These fees are billed
under our Retainer Agreement.
Fees for all services are billed in advance.
Retainer Agreement
We offer Tax Planning, Tax Preparation, Insurance Review, Asset Inventory, Portfolio
Analysis, Development of the Asset Allocation strategy, Financial Goals and Needs
Analysis, Preparation of Estate Plan, and Asset Allocation recommendations.
Our clients’ needs vary from levels of extremely complexity, requiring much analysis
and frequent consultants, to portfolio maintenance with minimal ongoing planning
needs. We believe our fees should, in fairness, reflect these varied circumstances.
Hence, our fees for our consulting services vary, dependent upon the complexity of the
engagement and the time likely required of the Consultant to deliver the services
requested.
The retainer fee is based on the individual situation of the client and generally range
from $5,000 to $6,000. One-half the fee is due upon signing of the Retainer Agreement
with the balance billed in six months. The client may continue the financial planning
service at the annual renewal fee. The annual renewal fee is based on the current fee
schedule.
Fixed-retainer compensation may conflict with a client’s expectations since the
advisor will be paid the same amount, irrespective of the amount of work actually
performed.
Asset Management Agreement
Merrithew & Thorsten typically manages assets on a discretionary basis and is guided
by the stated objectives of the client. Fees are based on the account’s asset value
(including both securities and cash) as of the last business day of the previous quarter.
During the initial retainer year, investment recommendations will be discussed with and
agreed to by the client(s) prior to any trades being placed by Merrithew & Thorsten, Inc.
After the initial retainer year, the client’s portfolio will be managed by Merrithew &
Thorsten, Inc. on a discretionary basis.
The annual fee for the Asset Management Agreement is charged as a percentage of
assets under management, according to the schedule below. Fees are paid in quarterly
installments, in advance, and payment is deducted directly from the client’s investment
accounts.

                 Merrithew & Thorsten, Inc. | Item 5 – Fees and Compensation 8

                         FORM ADV PART 2A (“FIRM BROCHURE”)
         January 1, 2026 FOR MERRITHEW & THORSTEN, INC.

       Assets Managed                             Annual Fee
       First $1 to $999,999                       1.00%
       Next $1,000,000 to $1,999,999              0.75%
       Above $2,000,000                           0.50%
Assets in 401(k), 401(a), 403(b) and Deferred Compensation plans outside of SSG will
be billed at ½ (one half) of the above rates unless set up of a new plan is involved.
Merrithew & Thorsten believes that the charges and fees offered within its program are
competitive with alternative programs available through other firms offering a similar
range of services; however, lower fees for comparable services may be available from
other sources.
Merrithew & Thorsten does not represent, warrant, or imply that the services or methods
of analysis used by the firm can or will predict future results, successfully identify market
tops or bottoms, or insulate clients from losses due to market corrections.
Clients may provide written authorization to the custodian of their accounts to pay
Merrithew & Thorsten’s fees from the client’s account. Under these circumstances,
Merrithew & Thorsten will send to the client a statement showing the amount of the fee,
the value of the client’s assets on which the fee was based, and the specific manner in
which the fee was calculated. The account custodian does not verify the accuracy of
Merrithew & Thorsten’s advisory fee calculation. The custodian will send the client a
statement, at least quarterly, indicating all amounts disbursed from the account
including the amount of advisory fees paid directly to Merrithew & Thorsten.
Fees for all levels of service are negotiable on a case by case basis.
General Information Regarding Advisory Services and Fees
Merrithew & Thorsten’s fees are exclusive of brokerage commissions, transaction fees,
and other related costs and expenses which shall be incurred by the client. Clients may
incur certain charges imposed by custodians, brokers, third party investment and other
third parties such as fees charged by managers, custodial 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. Mutual funds and
exchange traded funds also charge internal management fees, which are disclosed in a
fund’s prospectus.
Clients may also incur “account termination fees” upon the transfer of an account from
one brokerage firm (custodian) to another. The account termination fees are believed to
range generally from $0 to $200 at present, but at times may be much higher. Clients
should contact their custodians (brokerage firms, banks or trust companies, etc.) to
determine the amount of account termination fees which may be charged and deducted
from their accounts for any existing accounts which may be transferred.

                 Merrithew & Thorsten, Inc. | Item 5 – Fees and Compensation 9

                         FORM ADV PART 2A (“FIRM BROCHURE”)
         January 1, 2026 FOR MERRITHEW & THORSTEN, INC.

Such charges, fees and commissions are exclusive of and in addition to the firm’s fee,
and the firm does not receive any portion of these commissions, fees, and costs.
Item 12 further describes the factors that the firm considers in selecting or
...

Item 7 – Types of Clients
Merrithew & Thorsten provides portfolio management services primarily to individuals
and high net worth individuals. Client relationships vary in scope and length of service.
Required Minimum Client Accounts
Merrithew & Thorsten requires a $1,000,000 account minimum for investment
management services. Merrithew & Thorsten, in its sole discretion, may charge a lesser
management fee, or choose to reduce or waive the minimum account size, based upon
certain criteria (i.e. pre-existing financial planning client, anticipated future earning
capacity, anticipated future additional assets, dollar amount of assets to be managed,
related accounts, account composition, negotiations with client, etc.)

                         Merrithew & Thorsten, Inc. | Item 7 – Types of Clients 13

                         FORM ADV PART 2A (“FIRM BROCHURE”)
         January 1, 2026 FOR MERRITHEW & THORSTEN, INC.