Partnership Wealth Management LLC

Item 5 Fees and Compensation

A. & B. Method of Compensation and Fee Schedule and Client Payment of Fees

Asset Management Fees
Pursuant to an investment advisory contract signed by each client, the client will pay PWM a
quarterly management fee, payable in advance, based on the value of portfolio assets of the account
managed by the Advisor as of the opening of business on the first business day of each quarter.

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The fee schedule is as follows:

         Assets Under Management                                 Annual Fee
         $0-$1,000,000                                             1.50%
         $1,000,001-$2 Million                                     1.25%
         $2,000,001-$3 Million                                     1.00%
         $3,000,001 - $5 Million                                   0.80%
         $5,000,001 - $10 Million                                  0.60%
         $10,000,001 Million and Above                             0.50%

These fees may be negotiated, in the sole discretion of the Advisor, based on anticipated future
earning capacity, anticipated future additional assets, dollar amount of assets to be managed,
related accounts, account composition, negotiations with client, etc. Discounts and fee waivers,
not generally available to our advisory clients, may be offered to family members and associated
persons of our firm. The fees stated above are for PWM only. Asset management fees may be
automatically deducted from the client account on a quarterly basis by the qualified custodian. The
client may also opt to have these fees billed directly. The client will give written authorization
permitting the Advisor to be paid directly from their account held by the custodian. The custodian
will send a quarterly statement to the client and the Advisor will also send a quarterly invoice to
the client outlining the fee calculation and the amount withdrawn from the client account.

PWM will allow clients to use margin accounts. Clients should be aware if PWM uses margin
accounts, this will result in clients paying additional fees for securities bought on margin. When
clients pay an asset under management fee based on the assets under management versus the net
value of an account (1) the client will pay additional fees for securities bought on margin and (2)
PWM has a conflict of interest when securities are bought on margin because this will increase
advisory fees.

Hourly Fee
Some clients will contract to have investment advisory advice and/or financial planning advice
provided based on an hourly fee. The Advisors hourly fee will be billed either at the end of the
project or the client can select a monthly/quarterly billing at a rate between $125 - $500 per hour
depending on the level of complexity and staff seniority and will be agreed upon by the parties in
advance. This fee may be negotiated in the sole discretion of the Advisor. The fee will be based
upon the scope and complexity of the project and clients will be billed upon completion of the
project. If the final fee is not paid by the client at project completion, the client is required to pay
the fee within 5 days of completion. If the client terminates the Agreement with the Advisor prior
to the Advisor's completion of the project, any fees due the Advisor will be invoiced to the client
and payable within 5 days of delivery of the invoice. If the Advisor completes the project in less
time than originally planned, the Advisor will refund to the client a pro-rata share of the fee the
client paid. The Advisor will refund the pro-rata fee to the client within 5 days of project
completion.

Fixed Fees
PWM will charge a fixed fee for comprehensive financial planning services as contracted with the
client in advance. One-time new client financial planning fees range from $1,000 - $7,500
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depending on the estimated hours spent including number of meetings with client, and staff level
working on various aspects of the planning. Ongoing financial planning for clients with less than
$1,000,000 of assets with PWM range from $400 - $1,750 per quarter depending on the estimated
hours spent including number of meetings with the client, and staff level working on various aspects
of the planning.

Fixed fees may be negotiated in advance based at the discretion of the Advisor. Fixed fee-based
clients are either billed monthly or quarterly in advance or as a one time fixed fee. The fixed fee
will be due either at the time the financial planning agreement is signed, or one half of the fee at the
time of signing the Agreement with the Advisor and the other one half upon delivery of the financial
plan to the client. If the final fee is not paid by the client at the delivery of the financial plan, the
client is required to pay the fee within 5 days of delivery of the financial plan. Those paid upfront
will be completed/delivered within six months. If the client terminates the Agreement with the
Advisor prior to the Advisor's completion of the financial plan, any fees due the Advisor will be
invoiced to the client and payable within 5 days of delivery of the invoice. If the Advisor completes
the financial plan in less time than originally planned, the Advisor will refund to the client a pro-
rata share of the fee the client paid. The Advisor will refund the pro- rata fee to the client within 5
days of delivery of the financial plan. The Advisor will complete the financial plan within six
months of signing an Agreement with the client.

For each of the Advisor's services described above, the Client may terminate these services within
five business days of the effective date of an Agreement signed with the Advisor without any
payment of the Advisor's fee.

                     *** NOTICE TO CALIFORNIA CLIENTS ***

Pursuant to the California Code of Regulations Subsection (j) of Rule 260.238, Advisor discloses
...

Item 7 Types of Clients and Minimum Account Size

The Advisor will offer its services to individuals, trusts, estates, or charitable organizations,
corporations or business entities.

The Advisor does not have any minimum requirements for opening or maintaining an account.