Petix & Botte Company

Item 5: Fees & Compensation

    How We Are Compensated for Our Advisory Services

    Asset Management:

                      Assets Under Management           Annual Percentage of Assets Charge
                            $0 to $250,000                        0.85% - 2.00%
                           Above $250,000                         0.25% - 1.50%

    Our firm’s fees are billed on a pro-rata annualized basis quarterly in advance based on the value of
    your account on the last day of the previous quarter. The ultimate fee we charge is based on the scope
    and complexity of the engagement and will be listed in Schedule A of the advisory agreement. Our
    firm bills on cash and cash equivalents unless indicated otherwise in writing. LPL will make quarterly
    adjustments for deposits and withdrawals in client accounts. Fees will generally be automatically
    deducted from your managed account*. As part of this process, you understand and acknowledge the
    following:

              a) LPL Financial as the custodian sends statements at least quarterly to clients showing all
                 disbursements for their account, including the amount of the advisory fees paid to our
                 firm.
              b) The client has provided authorization permitting fees to be directly paid by these terms.
              c) LPL Financial calculates the advisory fees and deducts them from the Client’s account.

    *In rare cases, we will agree to directly bill clients.

    Financial Planning & Consulting:

    We charge an hourly or flat fee for our Financial Planning & Consulting services. The total estimated
    fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of our
    engagement with you. Our hourly fee is $250 and flat fees generally range from $500 to $3,000.

    We do not require a retainer of the ultimate financial planning or consulting fee we charge you. The
    fee is due to us within thirty (30) days of your financial plan being delivered or consultation rendered
    to you.

    LPL Sponsored Programs:

    The maximum fees for the LPL sponsored advisory programs are as follows:

               LPL Sponsored Advisory Program                   Annual Percentage of Assets Charge
          (a) Optimum Market Portfolios Program (OMP)                        2.50%
           (b) Model Wealth Portfolios Program (MWP)                         2.50%
             (c) Manager Access Select Program (MAS)                         2.50%
           (d) Guided Wealth Portfolios Program (GWP)                        0.35%

    The fees for LPL’s Financial Sponsored Advisory Programs are billed on a pro-rata annualized basis
    quarterly in advance based on the value of your account on the last day of the previous quarter. LPL
    serves as program sponsor, investment adviser, and broker-dealer for the LPL advisory programs. Our
    firm and LPL may share in the account fee and other fees associated with program accounts.

ADV Part 2A – Firm Brochure                           Page 7                                  Petix & Botte Financial

    Our firm’s fees are billed on a pro-rata annualized basis quarterly in advance based on the value of
    your account on the last day of the previous quarter. Management fees will be deducted from the
    client’s managed account, upon a signed Account Application Form. The ultimate management fee is
    indicated on the Account Application Form. Our firm does not have the authority to instruct LPL
    Financial to change or deduct fees without written client consent. LPL Financial sends a quarterly
    statement showing all fees deducted from the clients accounts.

    The MWP account fee consists of an LPL Financial program fee, a strategist fee (if applicable) and an
    advisor fee of up to 2.00%. Accounts remaining under the legacy fee structure may be charged one
    aggregate account fee, for which the maximum account fee is 2.50%. See the MWP program brochure
    for more information.

    GWP Managed Service clients are charged an account fee consisting of an LPL Financial program fee
    of 0.35% and an advisor fee of up to 1.00%. In the future, a strategist fee may apply. However, LPL
    Research currently serves as the sole portfolio strategist and does not charge a fee for its services.
    FutureAdvisor is compensated directly by LPL Financial for its services, including the Algorithm and
    related software, through an annual sub-advisory fee (tiered based on assets under management by
    FutureAdvisor, at a rate ranging from 0.10% to 0.17%). As each asset tier is reached, LPL Financial’s
    share of the compensation shall increase and clients will not benefit from such asset tiers.

    GWP Educational Tool provides access to sample recommendations at no charge to users. However,
    if users decide to implement sample recommendations by executing trades, they will be charged fees,
    commissions, or expenses by the applicable broker or adviser, as well as underlying investment fees
    and expenses.

    Other Fees:

    Clients will incur transaction charges for trades executed in their accounts. These transaction fees
    are separate from our fees and will be disclosed by the firm that the trades are executed through. LPL
    Financial offers a trading platform with select exchange traded funds (“ETFs”) that do not charge
    transaction fees. The no-transaction-fee ETF trading platform is available to clients participating in
    LPL Financial’s Strategic Wealth Management (“SWM”) program. Clients will be subject to
    transaction fees charged by LPL Financial for ETFs not included in LPL Financial’s platform and for
    other types of securities. The limited number of ETFs available on LPL Financial’s no-transaction fee
    platform may have higher overall expenses than other types of securities and ETFs not included in
...

Item 7: Types Of Clients & Account Requirements

    We have the following types of clients:
       • Individuals and High Net Worth Individuals;
       • Trusts, Estates or Charitable Organizations; and
       • Corporations, Limited Liability Companies and/or Other Business Types.

    We do not have any requirements for opening and maintaining accounts or otherwise engaging us.
    However, LPL Financial has the following account requirements for their sponsored advisory
    programs:
       • A minimum account value of $15,000 is required for OMP.
       • A minimum account value of $25,000 is required for MWP.
       • A minimum account value of $100,000 is required for MAS, however, in certain instances, the
          minimum account size may be lower or higher.
       • A minimum account value of $5,000 is required for GWP.