Prospera Financial Services Inc

ITEM 5 – FEES AND COMPENSATION

Summit Advisory Program Fees

Summit clients pay PFS a fixed fee or annualized wrap advisory fee based upon a percentage of the market value of Account assets for services provided
by us. Fees charged on all assets are negotiable and the maximum annual fee charged for program accounts shall not exceed 2.15% of assets under
management. Summit does not have a minimum account size. However, your Financial Advisor will be charged a fee if your advisory account value drops
below the stated minimum account sizes for our offered advisory programs or $10,000 in Summit accounts. Therefore, it is a conflict for your Financial
Advisor to recommend you increase your account size if it falls below the minimum stated program limits for our offered advisory programs or falls below
$10,000 in Summit accounts.

For newly established advisory accounts where assets transfer in from other broker-dealers or outside accounts, the fee for the first month will be billed in
arrears based on the market value of your account assets at the end of the month in which your account was first funded and pro-rated for the number of
days applicable. For PFS brokerage accounts converted to advisory accounts, the first month’s fee may be billed in arrears and based on the market value
of the former brokerage account’s assets at the end of the previous month and pro-rated for the number of days applicable. Thereafter, the Program fee is
calculated and collected for the current month based on the value of Program assets as of the last business day of the prior month, net of any excluded
assets. Off-platform assets linked to and shown on the statement are usually considered excluded assets in the fee calculation unless you agree (either on
the Program advisory agreement or through a separate advisory agreement) that they are included in the calculation. Fees are not pro-rated or refunded
for any partial month when the advisory relationship is terminated. Therefore, you may be assessed a fee for the entire last month if you terminate the
advisory services at any time before the final day of that same month. The fee is considered earned when paid. The actual fee charged is based on factors
such as, but not necessarily limited to, the amount of assets under management, totality of services provided to you and your overall financial complexity.
The specific services to be provided and fee charged will be mutually agreed upon and described in the Summit Advisory Agreement before commencing
services.

Summit RBC Advisory Program Fees

Summit RBC clients pay PFS a fixed fee or annualized wrap advisory fee based upon a percentage of the market value of Account assets for services
provided by us. Fees charged on all assets are negotiable and the maximum annual fee charged for program accounts shall not exceed 2.15% of assets
under management. Summit RBC does not have a minimum account size. However, your Financial Advisor will be charged a fee if your advisory account
value drops below the stated minimum account sizes for our offered advisory programs or $10,000 in Summit RBC accounts. Therefore, it is a conflict for
your Financial Advisor to recommend you increase your account size if it falls below the minimum stated program limits for our offered advisory programs or
falls below $10,000 in Summit RBC accounts.

For newly established advisory accounts where assets transfer in from other broker-dealers or outside accounts, the fee for the first quarter will be billed
based on the market value of your account assets at the end of the month in which your account was first funded and pro-rated for the number of days
applicable. For PFS brokerage accounts converted to advisory accounts, the first quarter’s fee may be billed in arrears and based on the market value of
the former brokerage account’s assets at the end of the previous month and pro-rated for the number of days applicable. Thereafter, the Program fee is
calculated and collected for the current quarter based on the value of Program assets as of the last business day of the prior month, net of any excluded
assets. Off-platform assets linked to and shown on the statement are usually considered excluded assets in the fee calculation unless you agree (either on
the Program advisory agreement or through a separate advisory agreement) that they are included in the calculation. Fees are pro-rated and refunded for
any partial quarter when the advisory relationship is terminated.

Summit Schwab Advisory Program

Summit Schwab clients pay PFS a fixed fee or annualized wrap advisory fee based upon a percentage of the market value of Account assets for services
provided by us. Fees charged on all assets are negotiable and the maximum annual fee charged for program accounts shall not exceed 2.15% of assets

                                                                                                        Prospera Financial Services, Inc. Brochure

under management. Summit Schwab does not have a minimum account size. However, your Financial Advisor will be charged a fee if your advisory
account value drops below the stated minimum account sizes for our offered advisory programs or $10,000 in Summit Schwab accounts. Therefore, it is a
conflict for your Financial Advisor to recommend you increase your account size if it falls below the minimum stated program limits for our offered advisory
programs or falls below $10,000 in Summit Schwab accounts.

For newly established Summit Schwab advisory accounts where assets transfer in from other broker-dealers or outside accounts, the fee for the first month
will be billed in arrears based on the market value of your account assets at the end of the month in which your account was first funded and pro-rated for
the number of days applicable. For PFS brokerage accounts converted to advisory accounts, the first month’s fee may be billed in arrears and based on
...

ITEM 7 – TYPES OF CLIENTS

We provide the advisory services described in this Brochure to individuals, pension, retirement, and profit-sharing plans, trusts, estates or charitable
organizations, and corporations or other business entities.