NWF Advisory Services Inc

ITEM 5: FEES AND COMPENSATION

INDIVIDUAL PORTFOLIO MANAGEMENT

VISION 2020 – ADVISOR MANAGED PORTFOLOS PROGRAM

       We offer Advisor Managed Portfolios as an account where no separate transactions
charges apply and a single fee is paid for all advisory services and transactions ("Wrap
Account"). We also offer Advisor Managed Portfolios with separate advisory fees and
transaction charges (“Non-Wrap Account”). As such, in addition to the quarterly account fee
described below for advisory services, you will also pay separate per-trade transaction
charges.

         You will pay a quarterly account fee, in advance, based upon the market value of the
assets held in your account as of the last business day of the preceding calendar quarter. Your
account fees are negotiable and will be debited from your account by our custodian. You will
receive a full account fee refund in the event that you terminate your client agreement with us
within five business days of signing. If you terminate after the first five days, the account fee
will be credited back to you on a pro-rata basis for the unused portion of the quarter.

       Each of our Advisory Representatives negotiates their own account fee schedule.
Additional, ancillary fees may apply. Please see the Advisor Managed Portfolios Wrap Fee

Program Brochure for further details. Our Advisor Managed Portfolios account maximum
advisory fee schedule is as follows:

Wrap Fee Schedule

 Total Account Value                                       Maximum Advisory Fee

 $50,000 to $99,999                                        n/a
 $100,000 to $249,999                                      2.100%

 $250,000 to $499,999                                      1.875%
 $500,000 to $749,999                                      1.650%
 $750,000 to                                               1.425%
 $1,249,999
 $1,250,000 to                                             1.200%
 $1,999,999
 $2,000,000 to                                             0.975%
 $4,999,999
 $5,000,000 to                                             1.000%
 $24,999,999
 Over $25,000,000                                          0.775%

 Non-Wrap Fee
 schedule
 Total Account Value              Maximum Advisory Fee

 $50,000 to $99,999               2.050%
 $100,000 to $249,999             2.100%
 $250,000 to $499,999             1.875%
 $500,000 to $749,999             1.650%
 $750,000 to                      1.425%
 $1,249,999
 $1,250,000 to                    1.200%
 $1,999,999
 $2,000,000 to                    0.975%
 $4,999,999
 $5,000,000 to                    1.000%
 $24,999,999
 Over $25,000,000                 0.775%

VISION 2020 WEALTH MANAGEMENT PLATFORM – MODEL PORTFOLIOS PROGRAM

       We offer the Model Program as an account where no separate transactions charges
apply and a single fee is paid for all advisory services and transactions ("Wrap Account").

         You will pay a quarterly account fee, in advance, based upon the market value of the
assets held in your account as of the last business day of the preceding calendar quarter. Your
account fees are negotiable and will be debited from your account by our custodian. You will
receive a full account fee refund in the event that you terminate your client agreement with us
within five business days of signing. If you terminate after the first five days, the account fee
will be credited back to you on a pro-rata basis for the unused portion of the quarter.

        Each of our Advisory Representatives negotiates their own account fee schedule.
Additional, ancillary fees may apply. Please see the Model Program Wrap Fee Program
Brochure for further details. Our Model Portfolios Program account maximum advisory fee
schedule is as follows:

Total Account Value Fee                              Maximum Advisory Fee
$100,000 to $249,999                                 1.50%
$250,000 to $499,999                                 1.50%
$500,000 to $999,999                                  1.50%
$1,000,000 to $1,999,999                              1.50%
$2,000,000 to $4,999,999                              1.50%
$5,000,000 to $9,999,999                              1.50%
$10,000,000 to $24,999,999                            1.50%
$25,000,000 and Over                                  1.00%

VISION 2020 WEALTH MANAGEMENT PLATFORM – SMA AND UMA PROGRAM

        We offer WMAP as an account where no separate transactions charges apply and a
single fee is paid for all advisory services and transactions ("Wrap Account").

         You will pay a quarterly account fee, in advance, based upon the market value of the
assets held in your account as of the last business day of the preceding calendar quarter. Your
account fees are negotiable and will be debited from your account by our custodian. You will
receive a full account fee refund in the event that you terminate your client agreement with us
within five business days of signing. If you terminate after the first five days, the account fee
will be credited back to you on a pro-rata basis for the unused portion of the quarter.

        Each of our Advisory Representatives negotiates their own account fee schedule.
Additional, ancillary fees may apply. Please see the WMAP Wrap Fee Program Brochure for
further details. Our WMAP account maximum advisory fee schedule is as follows:

 Total Account Value                     Maximum Advisory Fee
$100,000 to $249,999                     1.50%
$250,000 to $499,999                     1.50%
$500,000 to $999,999                     1.50%
$1,000,000 to $1,999,999                 1.50%
$2,000,000 to $4,999,999                 1.50%
$5,000,000 to $9,999,999                 1.50%
$10,000,000 to $24,999,999               1.50%
$25,000,000 and Over                     1.00%

THIRD PARTY ADVISORY SERVICES

        Compensation in connection with Third Party Advisory Services generally consists of
...

ITEM 7: TYPES OF CLIENTS

       Our Advisory Representatives provide investment advisory services to:

                  Individuals
                  High Net Worth Individuals

       Our minimum account size requirements for opening an account with us are as follows:

Program                                          Requirements

VISION 2020 Wealth Management Program –          $50,000 – Non-Wrap Account
Advisor Managed Portfolios                       $50,000 – Wrap Account (If Osaic pays
                                                 transaction charges)

                                                 The program minimum for the Model Program
                                                 is $5,500. The specific minimum varies
VISION 2020 Wealth Management Platform –         according to the Program Manager and Asset
Genesis Model Portfolios Program                 Allocation Model selected.

                                                 The program minimum for the Model Program
VISION 2020 Wealth Management Program –          is $5,500. The specific minimum varies
UMA Program                                      according to the investment manager and
                                                 asset allocation model selected.
                                                 Each Third Party Advisory Service that we
                                                 offer has their own account minimum. Their
Third Party Advisory Services                    account minimums are disclosed to you
                                                 through their own Form ADV and associated
                                                 paperwork that will be presented to you.

Financial Planning                               no minimum

Retirement Plan Consulting                       no minimum

All account minimums may be waived in the sole discretion of the Program Sponsor