MPWM Advisory Solutions LLC

Item 5: Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services
provided by the Advisor. Each Client shall sign one or more agreements that detail the
responsibilities of MPWM and the Client.

A. Fees for Advisory Services

Investment Management Services
Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the
terms of the investment advisory agreement. Investment advisory fees range up to 2.25% annually
based on several factors, including the complexity of the services to be provided, the level of assets
to be managed, and the overall relationship with the Advisor. Relationships with multiple
objectives, specific reporting requirements, portfolio restrictions and other complexities may be
charged a higher fee.

The investment advisory fee in the first quarter of service is prorated from the inception date of
the Client’s account(s) to the end of the first quarter and added to the ongoing advance fees going
forward. Fees may be negotiable at the sole discretion of the Advisor. Certain Client’s fees will
take into consideration the aggregate assets under management with the Advisor. All securities
held in accounts managed by MPWM will be independently valued by the Custodian. MPWM
will conduct periodic reviews of the Custodian’s valuations.
Clients may make additions to and withdrawals from their account[s] at any time, subject to
MPWM’s right to terminate an account. Additions may be in cash or securities provided that
MPWM reserves the right to liquidate any transferred securities or decline to accept securities
into a Client’s account[s]. Clients may withdraw account assets on notice to MPWM, subject to
the usual and customary securities settlement procedures. However, MPWM designs its
portfolios as long-term investments, and the withdrawal of assets may impair the achievement
of a Client’s investment objectives. MPWM may consult with its Clients about the options and
ramifications of transferring securities. However, Clients are advised that when transferred

securities are liquidated, they are subject to transaction fees, fees assessed at the mutual fund
level (i.e. contingent deferred sales charge) and/or tax ramifications.

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment
portfolio utilizing one or more Independent Managers. To eliminate any conflict of interest, the
Advisor does not earn any compensation from an Independent Manager. The Advisor will only
earn its investment advisory fee as described above. Independent Managers typically do not
offer any fee discounts but may have a breakpoint schedule that will reduce the fee with an
increased level of assets placed under management with an Independent Manager. The terms of
such fee arrangements are included in the Independent Manager’s disclosure brochure and
applicable contract[s] with the Independent Manager. The total blended fee, including the
Advisor’s fee and the Independent Manager’s fee, will not exceed 2.60% annually.

Financial Planning Services

MPWM may offer one-time financial planning services on an hourly or fixed fee basis. Fixed fee
engagements are negotiated based on the expected number of hours to complete the
engagement at the Advisor’s hourly rate.

Fees may be negotiable at the sole discretion of the Advisor, depending on the nature and
complexity of services to be provided. A description of the arrangement will be provided to the
Client prior to engaging for these services.

Financial Planning fees can be paid via check to MPWM or can be invoiced and processed
through a third-party nonaffiliated service, AdvicePay. With AdvicePay, Clients will be asked
to set up their bank account or credit card at AdvicePay to enable credit card or ACH payments.
While AdvicePay allows firms like MPWM to receive payments directly from the client’s credit
card or bank account, it does not give MPWM access to the bank account itself, nor to any of the
client’s credit card or bank account information. MPWM is not able to initiate any additional
payments via AdvicePay.

Retirement Plan Advisory Services

Retirement plan advisory fees are paid quarterly, in arrears each calendar quarter, pursuant to
the terms of the retirement plan advisory agreement. Fees are based on the market value of
assets in the Plan at the end of the prior calendar quarter. Fees range from 0.25% to 0.75%
annually and may be negotiable depending on the size and complexity of the Plan.

B. Fee Billing

Investment Management Services

Investment advisory fees are typically calculated by the Custodian and deducted from the
Client’s account[s]. The Client shall instruct the Custodian to automatically deduct the
investment advisory fee from the Client’s account[s] for each billing period and pay the
investment advisory fee[s] to the Advisor. The amount due is calculated by applying the
quarterly rate (annual rate multiplied by the number of days in the year divided by the number
of days in the quarter) to the total assets under management with MPWM at the respective
quarter-end date. Note that the amount of days used for quarter-end advisory fee calculations
will vary depending on the platform being used. Clients will be provided with a statement, at
least quarterly, from the Custodian reflecting deduction of the investment advisory fee. Clients
provide written authorization permitting advisory fees to be deducted by MPWM directly from
their accounts held by the Custodian as part of the investment advisory agreement and separate
account forms provided by the Custodian. The Custodian deducts the fee – not MPWM.

Use of Independent Managers

For Client accounts implemented through an Independent Manager, the Client’s overall fees
will include MPWM’s investment advisory fee (as noted above) plus investment management
...

Item 7: Types of Clients
  MPWM offers investment advisory services to individuals, high net worth individuals, families,
  trusts, estates, businesses, charitable organizations and retirement plans. MPWM generally does
  not impose a minimum size for establishing a relationship. However, smaller accounts may be
  subject to different investment selection and strategies.