Phoenix Wealth Advisors Inc

Item 5 Fees and Compensation
Generally, Phoenix’ fees are negotiable on a client-by-client, account-by-account basis, subject to applicable
maximum fees as outlined in this Brochure. Each client will be required to enter into a written agreement with
Phoenix that details the services to be provided and fee schedule. The agreement may be amended, from time to
time, in accordance with the terms of the client and custodial agreements.

Phoenix’s IARs price advisory services on various objective and subjective factors. As a result, Phoenix’s clients
will pay diverse fees and costs based upon, among other things, the complexity of the engagement, type of
service(s), investment products used, investment program and strategies employed, and other third-party-specific
costs. Clients may inquire at any time with their IAR as to client-specific fees and costs. The information
contained in this Brochure cannot disclose every possible fee, expense and cost that a client may incur and is not
intended to be an exhaustive list. Rather, this section provides a description of the most commonly incurred fees,
expenses and costs associated with the products and services available through Phoenix.

Phoenix and your IAR are compensated in several ways, as described in this Brochure. Clients should be aware
that the receipt of economic and/or other benefits by Phoenix and its IARs creates a conflict of interest and may
influence Phoenix’s choices for and your IAR’s recommendations of investments, services and third-party parties.
Therefore, it is important that you understand how Phoenix and your IAR are compensated, as well as the other
costs and conflicts of interest associated with the investments and services provided to you through Phoenix and its
IARs.

For example, your IAR may earn fees on an account managed under a written agreement through Phoenix and, if
applicable, in the capacity as a registered representative with Raymond James Financial Services, Inc. (“RJFS”), a
member FINRA/SIPC, earn transaction-based compensation or commissions on brokerage services at RJFS or
insurance services through an insurance agency. If your IAR serves in multiple capacities, a conflict of interest
exists because your IAR has an incentive to recommend investment products or services that create the greatest
compensation for your IAR. In addition to disclosing these conflicts of interest, Phoenix has created and
implemented a compliance and supervisory program to mitigate such conflicts through the oversight of client
accounts and investment advisory activities. Phoenix mitigates these conflicts of interest, in part, by endeavoring
to act in each client’s best interest and through the adoption and implementation of a Code of Ethic and other
policies and procedures. See Item 11 for additional information. To determine whether your IAR earns
compensation in multiple capacities, review your IAR’s Form ADV 2B Brochure Supplement. If a client has not
received a copy of that document, the client should contact the Firm, using the information on the cover page of
this Brochure.

Financial Planning Fees:
Fees charged for the full financial planning service are dependent upon the time required and complexity of the
plan. The fees are payable as follows: hourly rates for plan development or consultation are $350 per hour, fixed
fees for plans will run between $1,150 and $4,200 depending on the complexity and comprehensiveness of the plan.
Compensation is payable when services are rendered. A client may be asked for a deposit of $400 fee as a retainer
at the time a financial planning contract is signed. Either the client or Phoenix may terminate the engagement at
any time with written notice. Specific services and amount of fees are described in the financial planning agreement.

A client may terminate a financial planning agreement without penalty within five (5) business days from the
contract date. Otherwise, either party may terminate upon written notification to the other party. A financial
planning agreement automatically terminates once the services have been rendered and payment for such services
is received by Phoenix. If the financial planning agreement is terminated before completion of services, any
unearned fees will be refunded to the client.

Retirement Plan Fees:
Retirement plan services are negotiable on an hourly, flat fee or asset-based basis. The level of service and
frequency of meetings impact the retirement plan service fees charged to the client. Typically, most fees for
retirement plan services are asset-based and range from 0.25% - 0.75% of assets under management, annually.
Asset-based fees may be charged quarterly or monthly, in arrears or advanced, as negotiated with the client and as

specified in the written agreement. On occasion, Phoenix may enter into an hourly or flat fee arrangement with
smaller entities that require an “as-needed” approach to retirement plan services.

A client may terminate a retirement plan services agreement without penalty within five (5) business days from the
contract date. Otherwise, either party may terminate upon providing ten (10) days written notification to the other
party. Any unearned, but collected fees will be pro-rated and refunded to the client or, if applicable, any fees for
services completed, but not yet billed will be pro-rated until the effective date of the termination, billed to and owed
by the client.

Asset Management Fees:

Ambassador. Most clients are assessed an all-inclusive wrap fee, as follows:

             Account Value                            Annual Fee

             ≤ $1,000,000                             1.25%

             > $1,000,000                             1.00%

Phoenix, at its sole discretion, also offers a reduced all-inclusive wrap fee, as follows:
           Client Type                                                                                   Annual Fee
...

Item 7 Types of Clients
Presently, Phoenix focuses on providing services mainly to the following types of Clients:

    •   Individuals including high net worth individuals
    •   Retirement plans
    •   Trusts
    •   Estates
    •   Corporations

The Adviser may require a minimum aggregate account balance of $500,000 for account relationships at its sole
discretion.