Oak Barrel Wealth Advisory LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
agreement with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the wealth
management agreement. Wealth management fees range up to $45,000 annually based on several factors, including:
the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship
with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other
complexities may be charged a higher fee. All Clients will be charged a minimum annual fee of $2,500.

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
Piedmont Wealth Advisory will be independently valued by the Custodian. The Advisor will conduct periodic reviews
of the Custodian’s valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers - As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment
portfolio utilizing one or more Independent Managers. To eliminate any conflict of interest, the Advisor does not earn
any compensation from an Independent Manager. The Advisor will only earn its investment advisory fee as described
above. The Advisor will allocate a portion of the advisory fee collected to the Independent Manager pursuant to the
terms of the executed agreement between the Advisor and the Independent Manager. The total blended fee, including
the Advisor’s fee and the Independent Manager’s fee, will not exceed 2.00% of Clients’ assets under management
annually.

Financial Planning Services
Piedmont Wealth Advisory offers financial planning services as part of its overall wealth management fee. The
Advisor also offers financial planning services as a stand-alone service. Financial planning fees range from $3,000
to $6,000 annually. Fees may be determined based on the nature and complexity of the services to be provided and

                                                   Piedmont Wealth Advisory
                                         12030 Sunrise Valley Drive, Reston, VA 20191
                                         Phone: (571) 313-5125 * Fax: (571) 449-2076
                                           https://www.piedmontwealthadvisory.com/

the overall relationship with the Advisor. An estimate for total costs will be determined prior to engaging for these
services.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from
the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the quarterly
rate (annual rate divided by 4) to the total assets under management with Piedmont Wealth Advisory at the end of the
prior quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the
wealth management fee. Clients are urged to also review the brokerage statement from the Custodian, as the Custodian
does not perform a verification of fees. Clients provide written authorization permitting advisory fees to be deducted by
Piedmont Wealth Advisory to be paid directly from their account[s] held by the Custodian as part of the wealth
management agreement and separate account forms provided by the Custodian.

Use of Independent Managers - For Client accounts implemented through an Independent Manager, the Client’s overall
fees may include the Advisor’s wealth management fee (as noted above) plus investment management fees and/or
platform fees charged by the Independent Manager[s], as applicable. In certain instances, the Independent Manager or
the Advisor may assume responsibility for calculating the Client’s fees and deduct all fees from the Client’s account[s].

Financial Planning Services
Financial planning fees for ongoing engagements are invoiced quarterly in advance. Financial planning fees are paid
via check.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Piedmont Wealth Advisory, in
connection with investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and
securities execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not
charge securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets
the terms and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for
mutual funds and other types of investments. The fees charged by Piedmont Wealth Advisory are separate and
distinct from these custody and execution fees.

In addition, all fees paid to Piedmont Wealth Advisory for wealth management services are separate and distinct from
the expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
...

Item 7 – Types of Clients

Piedmont Wealth Advisory offers investment advisory services to individuals, high net worth individuals, trusts,
charitable organizations, and estates. Piedmont Wealth Advisory generally requires a minimum annual fee of $2,500
to effectively implement its wealth management services.