Planning Alternatives Ltd

ITEM 5: FEES AND COMPENSATION

Wealth Management Fee Schedule

        We charge one all-inclusive annual management fee for investment management,
financial planning, and advisory services. There are no hidden fees, and no trailing fees. Family
member house-holding of tiered billing rates is available.

       Although our fees for our services may be negotiated under certain circumstances, our
standard fee schedule is as follows:

Part 2A of Form ADV                              3                      Planning Alternatives, Ltd.

                            Wealth Management Fee Schedule
                  Value of Account(s)                      Annual Fee
                  First $2,000,000                            0.95%
                  Next $3,000,000                             0.75%
                  Next $5,000,000                             0.50%
                  Next $15,000,000                            0.35%
                  Next $25,000,000                            0.25%
                  Over $50,000,000                           0.20%
                  Minimum Annual Fee                         $5,000
       The specific way we charge fees is established in our written wealth management
agreement with you. Your fees will be calculated based upon the total value of the accounts
managed by us using the fee schedule above. Our fees are billed quarterly, in arrears, on
calendar-year quarters, based upon end of quarter value(s) of your account(s).
        Because we are compensated based on the total value of assets we are managing for you,
a conflict arises whenever you seek advice from us that would reduce the assets under our
management-because reducing the assets under our management will, in turn, reduce our fees.
For example, if you withdraw funds to pay off a home mortgage, our wealth management fees
will be reduced.

Additional Information on Fees
        For new clients we pro-rate the fee for your first quarter based on the number of calendar
days from the date of the initial contribution to the end of the quarter.

        When assets are deposited or withdrawn from your account after the initial quarter, we do
not adjust or pro-rate our fee with respect to such assets based on the number of days remaining in
the quarter.

        We may negotiate fees, in certain circumstances. Negotiated fees may be higher or lower
than those described in this Brochure. In these circumstances, we will establish the negotiated fee
schedule with you. We may change our fees at any time and we always have the right to amend
our fees to be lower than the fees set forth in the above Fee Schedule. Any changes will only
become effective after 30-days prior written notice from us, unless you terminate our agreement.

         Mutual funds, ETFs, ETNs and other investments we may use typically charge their
shareholders various advisory fees and expenses associated with the establishment and operation
of the funds. These fees will generally include a management fee, shareholder servicing, other
fund expenses, and sometimes a distribution fee. If the fund also imposes sales charges, you may
pay an initial or deferred sales charge. We generally use a combination of no-load retail and
institutional class mutual funds, and ETFs which may or may not have transaction fees. Each
fund’s current prospectus discloses these separate fees and expenses. A copy of the prospectus is
available from the fund or we can provide it to you upon request.

Part 2A of Form ADV                             4                       Planning Alternatives, Ltd.

        Consequently, for any type of fund investment, it is important for you to understand that
you are directly and indirectly paying two levels of advisory fees and expenses: one level of fees
to the fund and one level of advisory fees to us. Most mutual funds, ETFs, and ETNs may be
purchased directly, without using our services and without incurring our advisory fees.

        Our fees are exclusive of brokerage commissions, transaction fees, and other related costs
and expenses that you will incur. You may incur certain charges imposed by custodians, brokers,
third-party investment managers and other third parties. We do not receive any compensation
from these fees or commissions.

Investment Management as 3(38) Fiduciary Manager for Qualified Plans

       Although fees for wealth management services to our qualified plan clients may be
negotiated under certain circumstances, our standard fee schedule is as follows:

                                   Qualified Plan Fee Schedule
               Value of Account(s)                         Annual Fee
               $0 - $1,500,000                                    0.75%
               Next $3,500,000                                    0.50%
               Next $5,000,000                                    0.35%
             Amount greater than $10,000,000                  0.25%
      The specific manner in which we charge fees is established in our written investment
management agreement for ERISA Plans. We bill our fees quarterly, in arrears, on calendar-year
quarters, based upon the end of quarter value of the Plan assets in the account in accordance with
the fee schedule above.

Ongoing Advisory Services

        Generally, our fees for ongoing advisory services are based on a percentage of the assets
under management with the third-party adviser or in your Advisory Accounts. We charge you in
accordance with our “Wealth Management Fee Schedule” on page 4. Our fees are billed
quarterly, in arrears, on calendar-year quarters, based upon end of quarter value of the Advisory
Account. We reserve the right to negotiate our fee, at our sole discretion. For investment
management services provided by a third party, any fees charged by the third-party advisor are in
addition to the fees charged by us.

       If you choose, you may grant us the authority in the wealth management agreement to
...

ITEM 7: TYPES OF CLIENTS

       We provide wealth management services to, high net worth individuals, individuals,
pension and profit-sharing plans, trusts and estates, charitable institutions, foundations,
corporations and other business entities.

        These services are intended to assist you in making financial and investment decisions
within the context of your entire financial circumstances. To that end, we need you to provide us
with all the necessary financial and personal information that is required to make the appropriate
recommendations. Therefore, wealth management services may not be possible, if you do not
provide all your financial information or fail to regularly update us regarding changes to your
financial situation.