Midwest Financial Network LLC

Item 5 - Fees and Compensation
    Forms of payment are based on the types of services being provided, term of service, etc., and will be stated
    in your engagement agreement with our firm. Our maximum published fees are negotiable, and we typically
    waive or discount our fee for associates of our advisory firm and their family members. We strive to offer
    fees that are fair and reasonable considering the experience of our firm and the services to be provided to
    you. Similar services may be made available from other investment advisers and potentially at a lesser fee.

    Fees are to be paid to the firm by check or draft from US-based financial institutions. With your prior
    authorization, payment may also be made by credit or debit card through a qualified, unaffiliated PCI
    compliant4 third-party processor, or withdrawal from your investment account held at your custodian of
    record. Midwest Financial Network, LLC does not accept cash, money orders or similar forms of payment for
    its engagements.

    Financial Planning
    Whether you choose a broad-based or modular plan, we assess an hourly fee for our financial planning
    services. Our rate is $400 per hour; billed in 6-minute increments (1/10th of an hour), and partial increments
    (e.g., four minutes) are treated as a whole increment. Prior to entering into an agreement with our firm you
    will receive an estimate of the overall cost based on your requirements and the time involved. If we are
    engaged to design an investment portfolio but are not providing ongoing portfolio management, we may
    assess a fixed fee of up to $5,000 depending on the scale and detail of the investment portfolio. We do not
    require a deposit at the time of engagement; the entire fee is due upon plan delivery.

    Educational Workshops
    We assess event sponsors (e.g., employer, associations, etc.) a fee of $250 per attendee for our workshop
    sessions. One-half of the fee is due in advance of the scheduled event, and the remainder after the final
    workshop session.

3   Term “assets under management” and rounding to the nearest $100,000 per the SEC’s General Instructions for Part 2 of Form ADV.
4   Our firm does not retain credit or debit card data. For an explanation of the term “PCI,” who the PCI Security Standards Council is,
    and its comprehensive standards to enhance payment card data security, go to
    https://www.pcisecuritystandards.org/security_standards/index.php

    Midwest Financial Network, LLC
    Form ADV Part 2 – 20260214 SEC

    Portfolio Management
    We require a per household minimum of $500,000 of investible assets to be managed by our firm to open
    and maintain a portfolio management services account. At the end of each month portfolio management
    clients pay our firm an asset-based fee based on an annualized rate as indicated in the following fee table.
    The firm’s fee is determined by the value of account assets calculated on each month-end by multiplying
    that quotient by the applicable number of basis points set forth in the fee table (one basis point equals
    1/100 of one percent). The result is then divided by 12 to determine the monthly fee.

                        Formula: ((month-end market value) x (applicable number of basis points)) ÷ 12
                             Assets Under Management                      Annualized Asset-Based Fee
                                                                          (Maximum Fee Per Account)
                                    $0 - $1,000,000                         1.25% (125 basis points)
                                $1,000,001 - $2,000,000                     1.05% (105 basis points)
                                $2,000,001- $5,000,000                      0.85% (85 basis points)
                                  $5,000,001 - Above                        0.68% (68 basis points)

    Fee Example: An account maintaining $1,000,000 of investible assets as of month’s end will be assessed
    $1,041.66 (monthly, in arrears). Formula: ($1,000,000 x 125 bps) = $12,500 (annualized fee) ÷ 12 (months) =
    $1.041.66 (monthly fee).

    Our fee is based on a blended tier. For example, an account maintaining $1,500,000 would be assessed 125
    basis points on the first $1,000,000 and the remainder would be assessed 105 basis points.

    In the rare absence of a reportable market value, our firm may seek a third-party opinion from a recognized
    industry source (e.g., unaffiliated public accounting firm), and the client may choose to separately seek such
    an opinion at their own expense as to the valuation of “hard-to-price” securities if they believe it to be
    necessary.

    The first billing cycle will begin once your engagement agreement is executed with our firm and assets have
    settled into your account held by the custodian of record. Advisory fees for partial months will be prorated
    based on the remaining days in the reporting period in which our firm services the account. Your written
    authorization is required in order for the custodian of record to deduct our advisory fee from your account.
    By signing our firm’s engagement agreement, as well as the custodian account opening documents, you will
    be authorizing the custodian to withdraw both advisory fees and any transactional fees from your account.
    The custodian will remit our fees directly to our firm. All fees deducted from your account will be noted on
    statements that you will receive directly from your custodian of record.5 Alternatively, you may request to
    directly pay our advisory firm its portfolio management fee in lieu of having the advisory fee withdrawn
    from your investment account. In this instance you will receive an invoice from our firm that will detail the
    total fee assessed, covered time period, calculation formula utilized, and reference to the assets under
...

Item 7 - Types of Clients
We provide our advisory services to individuals and high net worth individuals, businesses of all scale,
retirement plan sponsors, and other investment advisory firms. Refer to Item 5 for information about our
minimum asset levels. We reserve the right to decline services to any prospective client for any
nondiscriminatory reason.