Nolet Wealth Management LLC

Item 5 – Fees and Compensation

A.     Fee Schedule
ASSET MANAGEMENT
Nolet offers asset management services to advisory Clients. Nolet charges an annual investment
advisory fee based on the total assets under management as follows:

              Assets Under Management                           Maximum Annual Fee

                        All Assets                                      1.50%

Fees are billed quarterly or monthly in advance or arrears, by Client election, based on the amount
of assets managed as of the close of business on the last business day of the previous billing
period. If margin is utilized, the fees may be billed based on the gross asset value of the account.
Lastly, please note that Nolet may group certain related Client accounts, often known as
“householding”, for the purposes of achieving the minimum account size and determining the
annualized fee.

FINANCIAL PLANNING AND CONSULTING
Nolet charges a fixed fee for financial planning and consulting. Prior to the planning process the
Client will be provided an estimated plan fee which will be based on the complexity of the
engagement. For fixed fee arrangements, services will be completed and delivered within six (6)
months contingent upon timely delivery of all required documentation.

       FIXED FEES
       Fixed Fee Services are offered based on a fixed fee to never exceed $100,000 depending
       on the complexity of the engagement. Fees are billed, no more than 75% in advance, based
       on Client election, with the balance due upon plan delivery/final consultation.

B.      Payment of Fees
Asset Management Fees are generally deducted directly from the Client’s Account. In situations
where Nolet is unable or the Client wishes to pay in any manner, Nolet reserves the right to directly
invoice the Client in lieu of a direct fee deduction.

Financial Planning and Consulting Fees are generally invoiced directly to the Client but may also be
deducted from another account held with Nolet.

Nolet, in its sole discretion, may charge a lesser investment advisory fee based upon certain criteria
(e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future
additional assets, dollar amounts of assets to be managed, related accounts, account composition,
negotiations with Clients, etc.).

For all services, Clients may terminate their engagement with Nolet within five (5) business days of
signing an Agreement with no obligation and without penalty. After the initial five (5) business days,
the Agreement may be terminated by Nolet with thirty (30) days written notice to Client and by the
Client at any time with written notice to Nolet. For accounts opened or closed mid-billing period,
fees will be prorated based on the days services are provided during the given period. All unpaid
earned fees will be due to Nolet and all unearned fees will be refunded to the Client. Any increase
in fees will be acknowledged in writing by both parties before any increase in said fees occurs.

C.     Additional Fees
Custodians may charge brokerage commissions, transaction fees, and other related costs on the
purchases or sales of mutual funds, equities, bonds, options, margin interest, and exchange-traded
funds. Mutual funds, money market funds, and exchange-traded funds may also charge internal
management fees, which are disclosed in the fund’s prospectus. Nolet does not directly receive
any compensation from these fees. All of these fees are in addition to the management fee you pay
to Nolet. For more details on the brokerage practices, see Item 12 of this brochure.

D.     Prepayment of Fees
Asset Management and Financial Planning & Consulting fee may be billed in advance.

E.     External Compensation for the Sale of Securities
Nolet does not receive any external compensation from the sale of securities.

Item 7 – Types of Clients & Account Minimums

Nolet’s Clients are generally individuals, small businesses, trusts, estates, high net-worth
individuals, pooled investment vehicles, and charities. Client relationships vary in scope and length
of service.

Nolet requires a minimum account size of $100,000 to enter into an Advisory Agreement. However,
Nolet retains the discretion to lower or waive said minimum.