Midwest Professional Planners Ltd

Item 5:      Fees and Compensation

A. Methods of Compensation and Fee Schedule

  Financial Planning and Consulting Services Fees
MPPL offers a variety of financial planning services tailored to needs of the client, and fees range from
$2,500 to $25,000 depending on the scope and complexity of services.
In limited circumstances, MPPL and the client can agree to hourly planning fees. These fees can range
from $50/hour up to $600/hour depending on the individual needed to perform the desired functions and
will be billed in quarter-hour increments. Please be advised that MPPL has an economic incentive to
choose the financial professional at the highest fee to perform hourly financial planning services.
After initial planning is completed, clients can continue financial planning ongoing services if elected on
the CEA. Ongoing planning fees agreed to on the CEA start three months after the initial planning
engagement is completed. Ongoing planning is charged quarterly in advance. Clients that have an
investment management engagement with MPPL will be given the option of having their financial
planning fee debited from their custodial account. Clients paying more than $12,000 in investment
management fees annually to MPPL may have ongoing planning fees reduced or waived at the discretion
of MPPL.
The ongoing fee will be adjusted each year by the amount that the published US Consumer Price Index –
All Urban Consumers compiled by the US Bureau of Labor Statistics (“CPI-U”) changed on a percentage
basis during the prior calendar year. Any adjustment in such fees resulting from a change in the CPI-U
will be reflected on the first invoice following the release of the CPI-U in the applicable calendar year.
Clients will agree in advance to all financial planning and/or consulting fees. Any fees will be referenced
on the client engagement agreement (“CEA”).

                              Part 2A of Form ADV: MPPL Financial Brochure

If during the planning process it becomes clear the fee agreed to upfront will be insufficient to complete
the engagement or if the client requests changes to the scope of the agreement, a new fee can be
negotiated. Any changes must be agreed upon by both MPPL and the client before any additional
charges apply.

  Retirement Coaching
MPPL offers modules that include but are not limited to the following: housing, living location, travel, fun
& leisure, family & other activities, health & wellness, and financial. Clients may purchase one or more
modules, or all seven modules, and the fees can range from $99 to $1,500 depending on the type and
quantity of modules selected.
For one-on-one retirement coaching, clients will engage directly with Metamorphosis CCT, and fees will
be billed and paid separately through Metamorphosis CCT. MPPL does not receive any portion of that fee.

  Asset Management Fees
Asset management services will be billed either a flat annual fee or an asset-based fee charged to the
client’s account(s) after the first day of each quarter. Asset-based fees will be based on the market value
of the assets in the account on the last business day of the immediately preceding quarter. MPPL charges
a maximum 2.5% asset-based fee on the value of portfolio assets under management. Fees are
negotiable. If a client utilizes leverage, the firm’s fees will be billed on the gross balance in the portfolio.
The use of leverage creates a conflict of interest in that the adviser firm has an economic incentive to
utilize leverage as it inflates the market value upon which the adviser's fees are calculated, thereby
increasing the adviser's fee revenue.
As discussed below, MPPL offers sub-adviser services through the Betterment platform for a maximum
1.5.% fee. Please see conflict disclosure under the Sub-Adviser Fees (Betterment) section below.
For accounts charged a flat annual advisory fee, the fee will be adjusted each year by the amount the
published US Consumer Price Index – All Urban Consumers compiled by the US Bureau of Labor Statistics
(“CPI-U”) changed on a percentage basis during the prior calendar year. Any adjustment in the advisory
fee resulting from a change in the CPI-U will be reflected on the first invoice following the release of the
CPI-U in the applicable calendar year.
MPPL may modify the fee at any time upon 30 days’ written notice to the client. In the event the client has
an ERISA-governed plan, fee modifications must be approved in writing by the client.
The fees will be prorated if the investment advisory relationship commences otherwise than at the
beginning of a quarter. Adjustments for contributions in excess of $50,000 to a client’s portfolio are
prorated for the quarter in which the change occurs; no adjustments will be made for withdrawals.

  Sub-Adviser Fees (Betterment)
The annual fee for sub-adviser services via the Betterment platform will be charged as a percentage of
assets under management. MPPL’s maximum annual fee for this service is 1.50%. This fee is negotiable.
The fee covers MPPL’s fees for assessing and helping clients choose the model portfolios and
Betterment’s fees for its custodial, brokerage, and other platform services.
In consideration for such services, the program sponsor will charge a program fee that includes the
investment management fee of the strategists, the administration of the program, and trading, clearance
and settlement costs. The program sponsor will add MPPL’s investment advisory fee and will deduct the
overall fee from the client account.
In addition, for traditional asset management services as described under the Asset Management Fees
section above, MPPL has an economic incentive for those clients that qualify, subject to the minimum
$100,000 requirement, to recommend traditional asset management, as the firm charges a higher fee for
such services. While MPPL prioritizes clients’ best interests, it’s important to be aware of this conflict of
...

Item 7:      Types of Clients
MPPL offers its investment advisory services to various types of clients, including family offices, family
groups, high-net-worth individuals, trusts, corporate executive groups, retirement plans (including 401k
plans), pension and profit sharing plans, charitable organizations, corporations, partnerships, and other
legal entities. Although MPPL provides services to the various types of clients mentioned, the services are
conditioned upon meeting certain minimum criteria established by the firm.
For asset management services, MPPL generally requires a minimum account size of $100,000. This
minimum can be adjusted or waived at MPPL’s sole discretion.

                              Part 2A of Form ADV: MPPL Financial Brochure