NWM Advisors LLC

Item 5: Fees & Compensation

    Compensation for Our Advisory Services

    Section 529 accounts through American Funds:

    Asset Management for section 529 accounts through American Funds will not be assessed asset
    management fees. This service does not include discretionary trading authority by our firm. Our firm shall
    never have custody of any client funds or securities.

ADV Part 2A – Firm Brochure                         Page 5                                        NWM Advisors, LLC

    Comprehensive Portfolio Management:

    The maximum annual fee charged for this service will not exceed 1.5%. Fees to be assessed will be outlined
    in the advisory agreement to be signed by the Client. Annualized fees are billed on a pro-rata basis quarterly
    in advance or in arrears based on the value of the account(s) on the last day of the previous quarter. Fees
    are negotiable and will be deducted from client account(s). Adjustments will be made for deposits and
    withdrawals during the quarter. In rare cases, our firm will agree to directly invoice. Our firm will agree to
    direct bill clients upon request. Further, it’s important to note that our firm will bill on cash and cash
    equivalents held in client accounts unless specified in writing. As part of this process, Clients understand
    the following:

         a) The client’s custodian sends statements at least quarterly, showing all disbursements for each
            account, including the amount of the advisory fees paid to our firm;
         b) Clients provide authorization permitting the custodian to deduct these fees;
         c) NWMA will send an invoice directly to the custodian. If NWMA sends an invoice to the Client, a
            legend urging the comparison of information provided in the statement with those from the
            qualified custodian will be included.

    Retirement Plan Consulting:

    Our Retirement Plan Consulting services are billed on a fee based on the percentage of Plan assets under
    management. The total estimated fee, as well as the ultimate fee charged, is based on the scope and
    complexity of our engagement with the client. Fees based on a percentage of managed Plan assets will not
    exceed 1.50%. The fee-paying arrangements for Retirement Plan Consulting service will be determined on
    a case-by-case basis and will be detailed in the signed consulting agreement. Clients or the Plan’s Third
    Party Administrator will be invoiced directly for the fees.

    Other Types of Fees & Expenses

    Clients may incur transaction charges for trades executed in their accounts. These transaction fees are
    separate from our firm’s advisory fees and will be disclosed by the chosen custodian. Clients may also pay
    charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be disclosed
    in the fund’s prospectus (i.e., fund management fees, initial or deferred sales charges, mutual fund sales
    loads, 12b-1 fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, and
    other fund expenses). Our firm does not receive a portion of these fees.

     Termination & Refunds

    Either party may terminate the signed Comprehensive Portfolio Management Agreement at any time. Upon
    receipt of your notice of termination, our firm will process a pro-rate refund of the unearned portion of the
    advisory fees charged in advance at the beginning of the quarter.

    Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing written
    notice to the other party. Full refunds will only be made in cases where cancellation occurs within five (5)
    business days of signing an agreement. After five (5) business days from initial signing, either party must
    provide the other party thirty (30) days written notice to terminate billing. Billing will terminate 30 days
    after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes into account
    work completed by our firm on behalf of the client. Clients will incur charges for bona fide advisory services
    rendered up to the point of termination (determined as 30 days from receipt of said written notice) and
    such fees will be due and payable.

ADV Part 2A – Firm Brochure                        Page 6                                       NWM Advisors, LLC

    Commissionable Securities Sales

    Our firm and representatives do not sell securities for a commission in advisory accounts.

Item 7: Types of Clients & Account Requirements

    Our firm has the following types of clients:
       • Individuals and High Net Worth Individuals/Families;
       • Trusts, Estates or Charitable Organizations;
       • Pension and Profit Sharing Plans;
       • Corporations, Limited Liability Companies and/or Other Business Types.

    Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging us.