New River Financial Group LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract can be terminated by the client within five (5)
business days of signing the contract without incurring any advisory fees and without penalty. How we are paid
depends on the type of advisory service we are performing. Please review the fee and compensation information
below.

Investment Management Services
Our standard advisory fee is based on the market value of the assets under management per account. Advisor
charges a tiered management fee of up to 1.75% of the assets under management.

The annual fees are negotiable based on the scope, complexity as well as the time and credentials required.
These fees are pro-rated and paid in arrears on quarterly or monthly basis as indicted on the asset management

 Disclosure Brochure

agreement and the custodian selected. No increase in the annual fee shall be effective without agreement from
the client by signing a new agreement or amendment to their current advisory agreement.

Advisory fees are directly debited from client accounts, or the client can choose to pay by check. Accounts
initiated or terminated during a calendar quarter will be charged a pro-rated fee based on the amount of time
remaining in the billing period. An account can be terminated with written notice at least 30 calendar days in
advance. Since fees are paid in arrears, no rebate will be needed upon termination of the account.

SEI Mutual Fund Models Program

The annual advisory fee for the SEI Program is as follows and is based on a percentage of the market value of
your account (excluding the outside manager fee). Advisor charges a tiered management fee of up to 1.75% of
the assets under management. Advisory fees are negotiable based on the scope and complexity as well as the
time and credentials required, and the amount of the advisory fee will be as stated in the application to establish
the account with SEI. Advisory fees are billed quarterly in arrears and calculated based on the account’s market
value on the last business day of the quarter. SEI, as the qualified custodian for the SEI Program account, is
responsible for calculating and deducting all advisory fees from the account.

As the SEI Program invests solely in mutual funds, please note that the client will pay the fund a management
fee and other expenses as a shareholder of the fund in addition to paying the above advisory fee to MWS. As the
funds can be purchased directly, clients could avoid the second layer of fees by not using MWS’s management
services and by making their own investment decisions. The SEI Program can cost clients more or less than if
the assets were held in a traditional brokerage account. In a brokerage account, clients are charged commissions
for each transaction, and MWS would have no duty to provide ongoing advice with respect to the account.
Clients can terminate the agreement for services with MWS at any time with 30 calendar days written notice.
Upon termination, any earned and unpaid fees will be immediately due to MWS.

MWS is not compensated by SEI. For additional information, refer to Item 12 – Brokerage Practices.
Depending on client need, they can be invested in a SEI program where SEI charges an additional fee of 0.20%
to 0.50%. In this event, SEI’s portion of the fee is included in the Annual Advisory Fee referenced above.

 Disclosure Brochure

Disclosure Brochure

Financial Planning Hourly Fee
Financial Planning fee is an hourly rate of $400.00 per hour with a 5 hour Minimum requirement. The fee can
be negotiable in certain cases and at the sole discretion of MWS. An initial deposit of $2,000.00 (5 hours) at
the signing of the advisory agreement. The remaining hours worked, above the 5 hours, will be due at the
completion of the engagement. An account can be terminated with written notice at least 30 calendar days in
advance. In the event of early termination by client, any fees for the hours already worked will be due. If the
initial deposit is greater than the amount billed, then the client will be refunded the difference. If the initial
deposit is less, then the client will be billed the difference.

An ongoing financial planning engagement is also available for a monthly fee. Depending on the scope of
services the month fee generally ranges from $150 to $250.

Retirement Plan Consulting
The fee for Retirement Plan Consulting will not exceed 1.75% of plan assets under management. The total
estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of the
engagement. The fee-paying arrangement for Retirement Plan Consulting will be outlined in a separate
agreement.

Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses that can
be incurred by the client. Clients can incur certain charges imposed by custodians, brokers, and other third
parties such as custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual fund
and exchange traded funds also charge internal management fees, which are disclosed in a fund’s prospectus.
Such charges, fees and commissions are exclusive of and in addition to our fee, and we shall not receive any
portion of these commissions, fees, and costs. Item 12 further describes the factors that we consider in selecting or
recommending broker-dealers for client’s transactions and determining the reasonableness of their compensation (e.g.,
commissions).
We do accept compensation for the sale of securities or other investment products including asset-based sales
charges or service fees from the sale of mutual funds. Please see Item 10 for more detail.

 Disclosure Brochure

Item 7: Types of Clients

We provide financial planning and portfolio management services to individuals, charities, businesses, and high
net-worth individuals. We do not have a minimum account size requirement.