Randall & Associates Wealth Management Inc

Item 5 – Fees and Compensation

How We Are Compensated for Our Advisory Services

Our fees vary among the different types of advisory services we offer and may be negotiated at our
sole discretion. The specific fees and manner in which fees are charged and calculated are described
in your investment advisory agreement. You should carefully review the investment advisory
agreement prior to signing it.

Fees for our advisory services may be higher than fees charged by other advisers who offer similar
services. You may be charged different fees than similarly situated clients for the same services. You
should carefully review this brochure to understand the fees and other sources of compensation that
exist among our services prior to entering into an investment advisory contract with our firm.

Investment and Portfolio Management Services

Fees for investment and wealth management services are generally billed in advance each calendar
quarter based on the market value of the assets under management/advisement on the last day of the
previous calendar quarter.

Fees for Discretionary Investment Management Services

Our graduated fee schedule for discretionary investment management services is as follows:

                      Assets Under Management           Maximum Annual
                                                        Advisory Fee
                      $0 - $250,000                     1.5%
                      $250,000.01 - $1,000,000          1.25%
                      Over $1,000,000.00                1.00%

Once discretionary household assets under management reaches $2,000,000, the fee will move from
a graduated rate to a flat rate of 1%. For discretionary household assets under management of more
than $10,000,000, a flat rate of 0.90% will be assessed.

Fees for discretionary investment management services may be based on cumulative discretionary
household assets under management. However, certain ERISA rules prevent householding
corporate plans with personal assets for fee reductions. You should refer to your advisory agreement
for your specific fee rate(s).

For investment and portfolio management services Randall & Associates provides to certain clients
or for specific client holdings (e.g., held-away assets, 529 plans, etc.), we may negotiate a fee rate
that differs from our standard fee. Fees for such accounts may be deducted from another account
that is managed by Randall & Associates at the client’s request.

Fees for Non-Discretionary Investment Management Services

Fees for non-discretionary investment management services are 0.25% annually.

Financial Planning and Consulting Services

Fees for financial planning and consulting services are billed at a fixed or hourly rate. Fees are billed
either in advance or arrears based upon the needs of the client. When billed hourly, fees generally
range from $200-450 per hour. There is no minimum fee required for financial planning or
consulting services; however financial planning and consulting fees shall generally not exceed
$20,000 annually.

Fees for financial planning and consulting services are due and payable as incurred. While financial
planning and consulting services are available on a stand-alone basis, certain services may also be
rendered in conjunction with investment portfolio management services at no additional cost as part
of a comprehensive portfolio management engagement.

Factors we consider when determining our financial planning and consulting fees include, but are
not limited to:

   •   The amount of time we expect to spend completing the financial planning or consulting
       services and providing related advice;

   •   The complexity of your goals, issues and/or needs;

   •   The extensiveness and complexity of the data needed regarding your personal financial
       information;

   •   Your net worth or the value of your investment accounts and/or other assets that are the
       subject of the financial planning or consulting services; and/or

   •   Special circumstances related to life changes, marital status, health or special income needs,
       or growth or decline of a personal business.

Randall & Associates may request a retainer to initiate financial planning and consulting services;
however, we will not request the prepayment of fees more than $1,200 in advisory fees more than six
months in advance.

You may engage Randall & Associates for additional investment management services to assist with
implementing one or more financial planning recommendations. You will incur additional fees if
you retain our firm for such services. You have complete freedom in selecting an investment adviser
to assist you in implementing any recommendations by Randall & Associates and are under no
obligation to act upon the advice we provide.

For consulting services, the investment advisory agreement between Randall & Associates and the
client will continue in effect until terminated by either party. For stand-alone financial planning
services, the agreement between Randall & Associates and the client will terminate upon delivery of
the plan or completion of the service.

Payment of Fees

Clients authorize Randall & Associates to instruct the account custodian to directly debit fees from
the client’s account. Accounts initiated or terminated during a calendar quarter will be charged a
prorated fee.

Fees for our advisory services generally require you to pay investment advisory fees in advance of
receiving services. If services are provided by Randall & Associates for less than a full calendar
quarter, advisory fees will be prorated based on the number of days in the quarter services were
received or the assets were under Randall & Associates’ management and any pre-paid, unearned
fees will be promptly refunded. Advisory fees will also be prorated for additions made to or
withdrawals taken from an account in the aggregate amount of $1,000,000 or more during a
calendar quarter.
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Item 7 – Types of Clients
Randall & Associates provides portfolio management services to individuals, high net worth
individuals, family entities, non-profit organizations, foundations, and businesses/corporations.

For new clients, Randall & Associates generally requires a minimum initial investment of
$1,000,000 for investment management services. The firm, in its sole discretion, will accept clients
based upon each client’s particular circumstances.