MK Brown Wealth Advisory LLC

Item 5 Fees and Compensation
Ambassador Program Fees
Our fee for portfolio management services is based on a percentage of the assets in your account.
The fee schedule as stated in the Ambassador agreement for services and is set forth below:

Fee-Based Relationship Value               Annualized Fee
Up to $1 million                           2.25%
$1 million up to $2 million                2.00%
$2 million up to $5 million                1.75%
$5 million up to $10 million               1.50%
$10 million and up                         1.25%

Our fees are negotiable and in most cases range between .70% to 1.75%. The minimum investment
required to open an Ambassador account is $25,000. Typically we require a minimum of $100,000 to
open an account with us. The annual asset-based fee is paid quarterly in advance. When an account
is opened, the asset-based fee is billed for the remainder of the current billing period and is based on
the initial contribution. Thereafter, the quarterly asset-based fee is paid in advance, is based on the
account asset value on the last business day of the previous calendar quarter and becomes due the
following business day. Client authorizes and directs the Custodian to deduct asset-based fees
from your account; you further authorize and direct the Custodian to send a quarterly statement to that
shows all amounts disbursed from your account, including fees paid to us.

Where you are charged a wrap fee, you are not charged separate fees for the different components of
the services provided by in the Ambassador Program. We pay all trade expenses of trades placed on
your behalf.

As a client, you should be aware that the wrap fee charged by us may be higher (or lower) than those
charged by others in the industry, and that it may be possible to obtain the same or similar services
from other firms at lower (or higher) rates. A client may be able to obtain some or all of the types of

services available through our wrap fee program on an individual basis through other firms and,
depending on the circumstances, the aggregate of any separately paid fees may be lower or higher
than the annual fees shown above.

Wrap Fee Disclosures:

    • The benefits under a wrap fee program depend, in part, upon the size of the Account, the
      management fee charged, and the number of transactions likely to be generated in the account.
      For example, a wrap fee program may not be suitable for accounts with little trading activity. In
      order to evaluate whether a wrap fee program is suitable for you, you should compare the fee
      and any other costs of the wrap fee program with the amounts that would be charged by other
      advisers, broker-dealers, and custodians, for advisory fees, brokerage and other execution
      costs, and custodial services comparable to those provided under the wrap fee program.
    • In considering the investment programs described in this brochure, you should be aware that
      participating in a wrap fee program may cost more or less than the cost of purchasing advisory,
      brokerage, and custodial services separately from other advisers or broker-dealers.
    • We receive compensation as a result of your participation in the Program. This compensation
      may be more than the amount we would receive if you paid separately for investment advice,
      brokerage, and other services.

For mutual funds that provide RJA and/or its affiliates with a 12b-1 fee, that fee is credited to the client
account as a fee offset. Such mutual fund related fees are paid only when provided in the mutual
fund's prospectus. As a registered representative of RJFS, our IARs do not receive any part of these
payments.

The annual advisory fees charged in the Ambassador programs are in addition to the management
fees and operating expenses charged by open-end, closed-end and/or exchange traded funds. If
you intend to hold fund shares for an extended period of time, it may be less expensive for you to
purchase fund shares outside of these programs. You may be able to purchase mutual funds directly
from the respective fund families without incurring our advisory fee. Shares of certain mutual funds
offered in these programs may impose short-term trading charges (typically 1% - 2% of the amount
originally invested) for redemptions made within a short period of time. These short-term charges are
imposed by the mutual funds and not the program sponsor to deter "market timers" who trade actively
in the fund's shares. These charges, operating expenses and management fees may increase the
overall cost to the client by 1%-2% (or more) and are detailed in each fund's prospectus.

Clients of M.K. Brown Wealth Advisory will also receive RJA's (and/or its affiliates') Wrap Fee Brochure
which provides detailed disclosure on:

    •   Billing on Cash Balances Held in Ambassador Accounts
    •   Investment of Cash Reserves
    •   Cash Sweep Program
    •   Additional Expenses
    •   Investment Costs
    •   Conflicts of Interest

Non-Billable Assets - Clients that hold securities and other assets designated as non-billable are not
assessed advisory fees on these positions. As a result, the Account Value upon which the advisory fee
rate is applied will not include the value of these positions, although these positions will be included on
the account statement. Please note that these non-billable assets may not be designated as such on
your account statement.

The agreement can be terminated upon either parties notice to the other. You will incur a pro rata
charge for services rendered prior to the termination of the portfolio management agreement, which
means you will incur advisory fees only in proportion to the number of days in the quarter for which you
are a client. If you have pre-paid advisory fees that we have not yet earned, you will receive a prorated
refund of those fees.

Additional Fees and Expenses
...

Item 7 Types of Clients
We offer investment advisory services to individuals, pension and profit sharing plans, trusts
and estates.

The minimum investment required by RJA to open an Ambassador account is $25,000. Typically we
require a minimum of $100,000 to open an account with us. At our discretion, we may waive this
minimum account size requirement. For example, we may waive the minimum if you appear to have
significant potential for increasing your assets under our management. We may also combine account
values for you and your minor children, joint accounts with your spouse, and other types of related
accounts to meet the stated minimum.