Nexwealth LLC

ITEM 5. FEES AND COMPENSATION
NexWealth offers its services on a fee-only basis, as further described below.
INVESTMENT MANAGEMENT FEE
Your fee will be calculated on a quarterly basis and is paid in advance. To calculate your fee, we take the value
of all assets in your portfolio as of the first day of the quarter. That amount is then multiplied by the fee percentage,
which results in an annualized fee. The annualized fee is divided by four to arrive at the quarterly fee you will be
charged.
Our annual fee for investment advisory services is based upon a percentage of assets under management. Fees
and minimum account size may be negotiable on a client-by-client basis depending on a number of factors,
including the type and nature of services to be provided, the amount of assets to be managed, complexity of the
account, and/or anticipated future additional assets and accounts. The specific annual fee schedule is identified in
the Agreement between us. Your fee structure will never change from that contained in your Agreement with us
unless agreed to in writing by you and made a part of your Agreement. There will be no retroactive increase in
the minimum account size required for a specific investment.
In certain circumstances, a fixed fee for services may be offered as an option. As mentioned above, all services
are determined on a client-by-client basis.
NexWealth’s annual fee is exclusive of, and in addition to, brokerage commissions, transaction fees, and other
related costs and expenses incurred by you or your accounts. NexWealth does not, however, receive any portion
of these commissions, fees, and costs.
We request that you authorize and direct the custodian of your account to pay our fees directly to us from the
portfolio. However, it is your option to authorize this process, and if you do not approve of the direct deduction
from your account, we will submit periodic invoices directly to you or the custodian, as you request.
Our employees, their family members, and our proprietary accounts, such as a Firm 401k plan, may be exempt
from management fees charged by us to manage these accounts.
INVESTMENTS IN AFFILIATED MUTUAL FUNDS
When our Firm uses mutual funds as part of your investment strategy, where appropriate, we will use a proprietary
mutual fund, of an affiliate of ours under common control with the owner of this Firm, in various client accounts.
The name of the affiliate is Long Short Advisors, LLC (“LSA”), an SEC registered investment advisor. LSA
manages one mutual fund. There is a conflict of interest when we invest your assets into a proprietary fund of an
affiliate in that our affiliate will receive a fee on those same assets as described in that fund’s prospectus. However,
to mitigate this conflict, our Firm will not charge a fee on the assets invested in a proprietary fund when calculating
quarterly fees. As previously mentioned, the fees associated with the investment in the proprietary fund will be
paid to our affiliated firm in accordance with the fund’s prospectus and the affiliated firm’s specific investment
advisory agreement with that fund. In addition, when invested in our affiliated firm’s mutual fund, you will
indirectly bear your pro-rata share of the fees, expenses, and charges described in that fund’s prospectus. Such
fees, expenses, and charges include, but are not limited to, fees incurred for legal, audit, custodial services
provided to the funds, and the cost of transactions effected for the funds such as brokerage and execution charges,
markups, and commissions.

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SUB-ADVISOR FEES
As discussed in Item 8, if a sub-advisor is selected to manage a portion of your assets, you as the client, will incur
additional expenses in the form of the sub-advisor’s fee, on top of the fee you pay in accordance with the
Agreement with the Firm, which would not be the case if we managed all your assets internally. Different sub-
advisors may also have different fee structures in place.
OTHER FEES
In addition, a portion of your assets may be invested in third-party mutual funds or exchange traded funds. These
funds charge an annual internal management fee as outlined in their prospectuses which is deducted directly from
your account balance by that fund. We do not receive any of these additional fees; however, these fees do represent
an additional fee that you are paying above that being charged by us. Accordingly, you should review the fees
charged by other third-party managed mutual funds, and our fees, to fully understand the total amount of fees to
be paid by you and to thereby evaluate the advisory services provided.
We will always seek best execution, and when we determine that any part of your assets that we manage will be
invested in a third-party mutual fund, we will always attempt to purchase the lowest cost share class given the
size of your investment and any “relationship” benefit, meaning the total assets we have invested with the fund,
for which our Firm may qualify. However, depending on various circumstances such as fund minimums, expense
costs, and transaction fees, to name a few, we may not be able to always purchase the lowest cost share class
available (where multiple available share classes exist), and in doing so, the costs of ownership of those share
classes may be higher, resulting in lower growth and performance of the funds selected. However, at no time will
we invest your assets in a higher cost share class to secure any residual payment for the benefit of NexWealth,
such as a 12b-1 fee. Any 12b-1 fee will be solely for the benefit of the broker of your transactions.
FEES CHARGED BY FINANCIAL INSTITUTIONS
As further discussed in response to Item 12 (below), NexWealth currently utilizes National Financial Services
LLC, and Fidelity Brokerage Services LLC (together with all its affiliates, “Fidelity”) and Charles Schwab & Co.,
...

ITEM 7. TYPES OF CLIENTS
NexWealth provides services to individuals, high net worth clients, pension and profit-sharing plans, trusts,
estates, charitable organizations, corporations and business entities. NexWealth does not impose a strict minimum
account size, however, NexWealth may decline to accept any account regardless of size at its sole discretion.

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