MLG Wealth Management Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and PGFG.

Asset Management Services

Fees charged for our asset management services are charged based on a percentage of assets under
management, billed in advance (at the start of the billing period) on a quarterly calendar basis and
calculated based on the fair market value of your account as of the last business day of the previous
billing period as reported by the custodian of your account (inclusive of the value of cash and securities,
and specifically inclusive of called capital with respect to private investments). Fees are prorated (based
on the number of days service is provided during the initial billing period) for your account opened at any
time other than the beginning of the billing period. If asset management services are commenced in the
middle of a billing period, the prorated fee for the initial billing period is billed in arrears at the same time
as the next full billing period’s fee is billed. Fees are also prorated for client deposits and withdrawals
made during a quarterly billing period.

The asset management services continue in effect until terminated by either party (i.e., PGFG or you) by
providing written notice of termination to the other party. Any prepaid, unearned fees will be promptly
refunded by PGFG to you. Fee refunds will be determined on a pro rata basis using the number of days
services are actually provided during the final period.

Fees charged for our asset management services are negotiable based on the type of client, the
complexity of the client's situation, the composition of the client's account (i.e., equities versus mutual
funds), the potential for additional account deposits, the relationship of the client with the investment
adviser representative, and the total amount of assets under management for the client.

The annual fee for asset management services will range up to a maximum of 1.25%, which is exclusive
of the separate portfolio management fee that will be charged by a Third-Party Adviser that may be
retained to manage all or a portion of your account(s). Any additional Third-Party Adviser fee will be
separately disclosed to you in writing, but will typically not exceed 0.35% of assets designated to be under
the management of the Third-Party Adviser per year. Our asset management fee and the Third-Party
Adviser’s portfolio management fee will both be deducted from your designated account(s) by the
Third-Party Adviser, and the Third-Party Adviser will remit our asset management fee to us while retaining
its portfolio management fee.

There is a minimum account size of $250,000.

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PGFG believes that its annual fee is reasonable in relation to: (1) services provided and (2) the fees
charged by other investment advisers offering similar services/programs. However, our annual
investment advisory fee may be higher than that charged by other investment advisers offering similar
services/programs. In addition to our compensation, you will also generally incur internal fees and costs
of an investment product (like a mutual fund or exchange traded fund), such as advisory fees and other
fund expenses.

The investment advisory fees will be deducted from your account and paid directly to our firm by the
qualified custodian(s) of your account. You will authorize the qualified custodian(s) of your account to
deduct fees from your account and pay such fees directly to our firm.

You should review your account statements received from the qualified custodian(s) and verify that
appropriate investment advisory fees are being deducted. The qualified custodian(s) will not verify the
accuracy of the investment advisory fees deducted.

Brokerage expenses and/or transaction fees charged by the qualified custodian are billed directly to you
by the qualified custodian. PGFG does not receive any portion of such commissions or fees from you or
the qualified custodian. In addition, you will incur certain charges imposed by third parties other than
PGFG in connection with investments made through your account including, but not limited to, mutual
fund sales loads, 12(b)-1 fees and surrender charges, variable annuity fees and surrender charges, IRA
and qualified retirement plan fees, and charges imposed by the qualified custodian(s) of your account.
Management fees charged by PGFG are separate and distinct from the fees and expenses charged by
investment company securities that may be recommended to you. A description of these fees and
expenses are available in each investment company security’s prospectus.

Retirement Plan Services

For retirement plan sponsor clients, PGFG will charge an annual fee that is calculated as a percentage of
the value of plan assets. This fee is negotiable based upon the complexity of the plan, the size of the
plan assets and the actual services requested.

PGFG charges an annual fee based upon the value of the plan assets, we charge an annual fee of up to
0.50% per year that is either payable in full directly by the retirement plan or payable by each participant
on a prorated basis based on each such participant’s respective account balance.

For retirement plan sponsors and participants, fees are billed in advance (at the start of the billing period)
on a quarterly calendar basis and calculated based on the fair market value of your account as of the last
business day of the previous billing period. Fees are prorated (based on the number of days service is
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Item 7 – Types of Clients

PGFG generally provides investment advice to the following types of clients:

    ●​ Individuals
    ●​ High net worth individuals

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You are required to execute a written agreement with PGFG specifying the particular advisory services in
order to establish a client arrangement with PGFG.

Minimum Investment Amounts Required

PGFG requires a minimum of $250,000 in order to open an account. To reach this account minimum,
clients can aggregate all household accounts. Exceptions may be granted to this minimum for the
relationship of the client to the representative.

The minimum fixed fee generally charged for financial planning services on a fixed fee basis is $2,500.

Third-Party Advisers may also have account or asset class investment minimums that are disclosed in
such Third-Party Advisers’ respective Form ADV Part 2A.