NHWM 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 may 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 average daily balance of the assets under management and is
calculated as follows:
                      Account Value                              Annual Advisory Fee
                       $0 - $250,000                                    2.00%
                   $250,001 - $500,000                                  1.55%
                  $500,001 - $2,000,000                                 1.15%
                  $2,000,001 and Above                                  0.75%

The annual fees are negotiable under certain circumstances and depending on a range of factors and are pro-
rated and paid monthly in advance. The advisory fee is a blended fee and is calculated by assessing the
percentage rates using the predefined levels of assets as shown in the above chart, resulting in a combined
weighted fee. 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. Accounts initiated or terminated during a billing
period will be charged a pro-rated fee based on the amount of time remaining in the billing period. An account
may be terminated with written notice at least 15 calendar days in advance. Upon termination of the
account, any unearned fee will be refunded to the client on a prorated basis.

Financial Planning Fees
Financial planning is included in the investment management service fee.

Cash Sweep Program
Your uninvested cash, or “free credit balances,” will be automatically deposited or “swept” to a deposit
account at Schwab whose deposits are insured up to applicable limits by the Federal Deposit Insurance
Corporation (“FDIC”) (the “Sweep Program”). Free credit balances are defined as the uninvested cash in your
account, minus the funds necessary to pay for purchase transactions that are waiting to settle and charges

to your account. It is important that you understand the unique nature and available insurance coverage by
participating in the Sweep Program.
In addition, there are always alternatives for the short-term investment of cash balances, including non-
sweep money market mutual funds, treasury bills, and brokered certificates of deposit, that may offer higher
returns than the Sweep Program made available to you but will need to be sold, with any applicable fees,
prior to generating cash that can be distributed from your account.

Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses that
may be incurred by the client. Clients may 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 not 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.

Item 7: Types of Clients
We provide financial planning and portfolio management services to middle class individuals and families,
high net-worth individuals and families, multi-generational clients, and corporations or other businesses.
We do not have a minimum account size requirement.