My Wealth Management Inc

Item 5: Fees & Compensation

    How We Are Compensated for Our Advisory Services

    Asset Management:*

                              Assets Under Management (AUM)                Annual %
                                        First $1,500,000                     0.89%
                                     $1,500,001 and above                    0.40%
                        *Minimum Annual Fee $4,000, Fees are calculated on a tiered basis
                     Annuities are not included in calculations of AUM when determining breakpoint.
ADV Part 2A – Firm Brochure                            Page 5                                  MY Wealth Management, Inc.

    Fees to be assessed will be outlined in the advisory agreement to be signed by the client. Annualized
    fees are billed on a pro-rata basis monthly in arrears based on the value of the account(s) on the last
    day of the month. Fees are negotiable and will be deducted from client account(s). Please note our
    firm has the right to waive the minimum annual fee. Unless otherwise noted in writing, our firm bills
    on cash. In rare cases, our firm will agree to directly invoice. As part of this process, Clients
    understand the following:

         a) The client’s independent custodian sends statements at least quarterly showing the market
            values for each security included in the Assets and all account disbursements, including the
            amount of the advisory fees paid to our firm;
         b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
            firm will send an invoice directly to the custodian; and
         c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
            information provided in our statement with those from the qualified custodian will be
            included.

    Wrap Asset Management:

    Wrap Asset Management is only offered to legacy clients who have already engaged us for this service
    offering. We will continue to honor the terms and conditions of executed Wrap Asset Management
    Agreements with legacy clients but are no longer offering a wrap fee account option for new or
    existing clients in other advisory accounts.

    Wrap Asset Management Fee Schedule:
    Assets Under Management Annual %
    First $250,000             1.25%
    Next $250,000              0.85%
    Next $500,000              0.75%
    Next $500,000              0.50%
    Next $1,000,000            0.35%
    Next $1,000,000            0.30%

    Asset Management(2020):

    Asset Management(2020) is only offered to legacy clients who have already engaged us for this
    service offering. We will continue to honor the terms and conditions of executed Asset
    Management(2020) Agreements with legacy clients.

    Asset Management(2020) Fee Schedule:
    Assets Under Management Annual %
    First $500,000               1.20%
    Next $500,000                0.70%
    Next $2,000,000              0.50%
    Next $2,000,000              0.30%
    The minimum annual fee is $3,200.

ADV Part 2A – Firm Brochure                       Page 6                                 MY Wealth Management, Inc.

    Retirement Plan Consulting:

    Our Retirement Plan Consulting services are billed on an hourly or flat fee basis, or a fee based on the
    percentage of Plan assets under management. The total estimated fee, as well as the ultimate fee
    charged, is based on the scope and complexity of our engagement with the client. The maximum
    hourly fee to be charged will not exceed $300. Our flat fees range from $750 to $10,000. Fees based
    on a percentage of managed Plan assets will not exceed 0.75%. The fee-paying arrangements for
    Retirement Plan Consulting service will be determined on a case-by-case basis and will be detailed
    in the signed consulting agreement.

    Other Types of Fees & Expenses

    Non-Wrap Clients will incur transaction fees for trades executed by their chosen custodian, via
    individual transaction charges. These transaction fees are separate from our firm’s advisory fees and
    will be disclosed by the chosen custodian. Charles Schwab & Co. Inc. (“Schwab”) and Altruist Financial
    LLC (“Altruist”) do not charge transaction fees for U.S. listed equities and exchange traded funds.

    Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
    charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
    disclosed in the fund’s prospectus (e.g., fund management fees, distribution fees, surrender charges,
    variable annuity fees, IRA and qualified retirement plan fees, mark-ups and mark-downs, spreads
    paid to market makers, fees for trades executed away from custodian, wire transfer fees and other
    fees and taxes on brokerage accounts and securities transactions). Our firm does not receive a portion
    of these fees.

    Legacy Wrap fee clients have received our Form ADV, Part 2A, Appendix 1 (the “Wrap Fee Program
    Brochure”). Wrap fee clients will not incur transaction costs for trades. More information about this
    is disclosed in our separate Wrap Fee Program Brochure.

    Termination & Refunds

    Either party may terminate the advisory agreement signed with our firm for Asset Management
    services in writing at any time. Upon notice of termination, pro-rata advisory fees for services
    rendered to the point of termination will be charged. If advisory fees cannot be deducted, our firm
    will send an invoice for due advisory fees to the client.

    We historically charged our Wrap Asset Management advisory fees quarterly in advance. In the event
    that you wish to terminate our services, we will refund the unearned portion of our advisory fee to
    you. You need to contact us or your custodian in writing and state that you wish to terminate our
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Item 7: Types of Clients & Account Requirements

    We have the following types of clients:
       • Individuals and High Net Worth Individuals;
       • Trusts, Estates or Charitable Organizations;
       • Pension and Profit Sharing Plans; and
       • Corporations, Limited Liability Companies and/or Other Business Types

    While MY Wealth does not require a minimum account value for us to manage client accounts, we do
    charge a minimum annual fee of $4,000.