RASP Wealth Solutions LLC

Item 5 - Fees and Compensation

RASP charges fees based on a percentage of assets under management as well as fixed fees, depending on
the particular types of services to be provided. The specific fees charged by RASP for services provided
will be set forth in each client’s Agreement.

     A. Financial Planning and Investment Management Services

Fees for Financial Planning and Consulting Services
Clients that are receiving financial planning services only are charged a fixed fee ranging up to $4,000,       Commented [SG1]: Is this still accurate
depending on the complexity of a client’s plan and services provided. For clients receiving ongoing
financial planning services, initially 25% of the annual fee is due upon entering into the agreement with the
Firm and the remainder of the annual fee is charged quarterly thereafter based on a calendar quarter. For

RASP Wealth Solutions                                                                  Disclosure Brochure

financial planning services that are completed upon the delivery of the financial plan to the client, fees are
due quarterly upon the client entering into the financial planning agreement with RASP with final payment
due upon delivery of the completed financial plan. Actual fees charged are clearly outlined in the financial
planning agreement and clients receive invoices reflecting the amount of the fee due and payable. Please
refer to “Additional Information Regarding Fees” below for more detailed information regarding fees paid
by RASP clients.

Fees for Investment Management Services
RASP charges an annual advisory fee that is agreed upon with each client and set forth in an agreement
executed by RASP and the client. If fixed, the advisory fee will be specified on the fee schedule as set forth
in the agreement executed by RASP and the client. If based on a percentage of the value of assets under
management, the advisory fee for the initial quarter shall be paid, on a pro rata basis, in arrears, based on
the value of the assets of the client’s accounts at the end of such initial quarter. For subsequent quarters, the
advisory fee shall be paid, in advance, based on the average daily balance of the value of the assets of the
client’s accounts for the previous quarter as provided by third-party sources, such as pricing services,
custodians, fund administrators, and client-provided sources.

Following is RASP’s asset based fee schedule for Investment Management Services:

                                                  FEE SCHEDULE
                              Market Value of Assets                        Rate
                       Up to $499,999                                       1.50%
                       $500,000 to $999,999                                 1.25%
                       $1,000,000 to $9,999,999                             1.00%
                       $10,000,000 and above                              negotiable
                       The percentage for the highest range of Managed Asset value achieved
                       applies to all Managed Assets, not just Managed Assets within that
                       range. These rates are no blended.

Notwithstanding the foregoing, RASP and the client may choose to negotiate an annual advisory fee that
varies from the range and schedule set forth above. Factors upon which a different annual advisory fee
may be based include, but are not limited to, the size and nature of the relationship, the services rendered,
the nature and complexity of the products and investments involved, time commitments, and travel
requirements. The advisory fee charged by the Firm will apply to all of the client’s assets under
management, unless specifically excluded in the client agreement. The advisory fee may include the
financial planning services described above. Although RASP believes that its fees are competitive,
clients should understand that lower fees for comparable services may be available from other sources
and firms.

The investment advisory agreement between RASP and the client may be terminated at will by either RASP
or the client upon written notice. RASP does not impose termination fees when the client terminates the
investment advisory relationship, except when agreed upon in advance.

RASP Wealth Solutions                                                        Disclosure Brochure

     B. Payment of Fees

RASP generally deducts its advisory fee from a client’s investment account(s) held at his/her custodian.
Upon engaging RASP to manage such account(s), a client grants RASP this limited authority through a
written instruction to the custodian of his/her account(s). The client is responsible for verifying the accuracy
of the calculation of the advisory fee; the custodian will not determine whether the fee is accurate or
properly calculated. See Section A herewith for further information on fee billing. A client may utilize the
same procedure for financial planning or consulting fees if the client has investment accounts held at a
custodian.

Although clients generally are required to have their investment advisory fees deducted from their accounts,
in some cases, RASP will directly bill a client for investment advisory fees if it determines that such billing
arrangement is appropriate given the circumstances.

The custodian of the client’s accounts provides each client with a statement, at least quarterly, indicating
separate line items for all amounts disbursed from the client's account(s), including any fees paid directly
to RASP.

Clients may make additions to and withdrawals from their account at any time, subject to RASP’s right to
terminate an account. Additions may be in cash or securities provided that the Firm reserves the right to
liquidate transferred securities or decline to accept particular securities into a client’s account. Clients may
withdraw account assets at any time on notice to RASP, subject to the usual and customary securities
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Item 7 - Types of Clients

 RASP offers investment advisory services to individuals, including high net worth individuals, families,
 family offices, trusts, businesses, charitable foundations, and retirement/profit-sharing plans. RASP
 does not impose a minimum portfolio size or a minimum initial investment to open an account.
 However, RASP does reserve the right to accept or decline a potential client for any reason in its sole
 discretion.