Richards Merrill & Peterson Inc

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees
Fees are charged based on account value at the end of the month which represents billing for
the next month. Fees are paid monthly in advance, and clients may terminate their contracts
with written notice. Refunds are given on a prorated basis, based on the number of days
remaining in a month at the point of termination. Clients may terminate their contracts
without penalty, for full refund, within 5 business days of signing the advisory contract.
Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. In addition to the above fees, the client is responsible for the payment of
transaction and other account fees to the custodian. Fees charged to 401k plan participants
are at a negotiated rate and paid directly by the Third-Party Administrator.

RMWM offers two different advisory programs. One provides more diversity among
investment options and quarterly contact with the adviser (noted as IA 1). The other
program provides mutual fund modeled portfolios only, with a minimum annual contact
with adviser (noted as IA 2). The following fees apply (250M = $250,000).

The general fee schedule for IA 1 is as follows (fees are negotiable):

         $100M-$ 250M                     1.00%

         $250M-$500M                      0.95%

         $500M-$1MM                       0.80%

         $1MM-$3MM                        0.75%

         $3MM+                            0.67%

                                                                          Form ADV 2A Version 03/10/26

The general fee schedule for IA 2 is as follows (fees are negotiable):

         $0-$ 25M                         0.90%

         $25M-$50M                        0.85%

         $50M-$100M                       0.80%

         $100M+                           0.75%

Client shall be given thirty (30) days prior written notice of any increase in fees and the
fee increase will be reflected in an amended contract authorized by the client in writing.

Advisory fees noted above for IA1 accounts includes consulting and financial planning
services. Advisory fees for IA2 do not include financial planning.

Client should note that lower fees for comparable services may be available from other
sources.

B. Payment of Fees

Payment of Investment Supervisory Fees

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. Fees are paid monthly in advance. In addition to the above fees, the client is
responsible for the payment of transaction and other account fees to the custodian.

C. Clients Are Responsible for Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e., custodian fees, mutual
fund fees, transaction fee etc.). Those fees are separate and distinct from the fees and
expenses charged by RMWM. Please see Item 12 of this brochure regarding
broker/custodian.

                                                                         Form ADV 2A Version 03/10/26

       D. Prepayment of Fees

       RMWM collects advisory fees in advance. Fees that are collected in advance will be
       refunded based on the prorated amount of work completed at the point of termination and
       the total days during the billing period. Fees will be returned to the client via check or
       deposited back into client’s account.

       E. Outside Compensation for the Sale of Securities to Clients

       All Investment Adviser Representatives of RMWM are also Registered Representatives.
       In their role as Registered Representatives, they accept compensation for the sale of
       securities to RMWM clients.

       1. Conflict of Interest

          As a Broker/Dealer, RMWM and its supervised persons will accept compensation for
          the sale of securities or other investment products, including asset-based sales charges
          or services fees from the sale of mutual funds to its brokerage clients. This does not
          represent a conflict of interest to advisory clients as IAR will use no-load funds and
          other investments without charging commissions to advisory accounts.

          Receipt of commissions from insurance products also does not create a conflict of
          interest because the insurance product is not included in billable advisory assets. Thus,
          there is no additional (duplicate) compensation.

       2. Clients Options to Purchase Recommended Products from Other Brokers

          The client is under no obligation to act upon the investment advisor’s
          recommendation or to effect transactions through the Investment Advisor. However,
          if client chooses to purchase investments directly, then client will not receive any
          investment advice from RMWM including assistance in developing an investment
          strategy, selecting securities, monitoring performance and making changes as
          necessary.

Item 7: Types of Clients

RMWM generally provides management supervisory services to the following Types of Clients:

          ❖ Individuals
          ❖ High-Net-Worth Individuals
          ❖ 401k and Profit-Sharing Plans
          ❖ Trusts, Estates, or Charitable Organizations
          ❖ Corporations or Business Entities

      Minimum Account Size

      There is no account minimum for IA 1 or IA 2. However, certain pre-existing agreements
      require a household minimum. See your agreement for specific details.

      Retirement Accounts – Acknowledgement of Fiduciary Status under ERISA and the
      Code

      Guidance from the US Department of Labor (DOL) under Title I of the Employee Retirement
      Income Security Act (ERISA) and/or the Internal Revenue Code (Code), requires us to inform
      you that when we provide investment advice to you regarding your retirement plan or
      participant account or your individual retirement account (collectively retirement accounts),
      we are fiduciaries within the meaning of ERISA and/or the Code, as applicable, which are laws
      governing retirement accounts. The way we make money creates some conflicts with your
      interests, so for retirement accounts we operate under a special rule that requires us to act in
      your best interest and not put our interest ahead of yours. Under this special rule’s
      provisions, we must:

          •   Meet a professional standard of care when making investment recommendations (give
              prudent advice);
          •   Never put our financial interests ahead of yours when making recommendations (give
              loyal advice);
          •   Avoid misleading statements about conflicts of interest, fees, and investments;
          •   Follow policies and procedures designed to ensure that we give advice that is in your
              best interest;
          •   Charge no more than is reasonable for our services; and
          •   Give you basic information about conflicts of interest.

      Retirement Account Rollovers

      When leaving an employer, you typically have four options regarding your existing
      retirement plan:

                                                                         Form ADV 2A Version 03/10/26

     1. leave the assets in the former employer’s plan, if permitted,
     2. roll over the assets to the new employer’s plan, if one is available and rollovers are
        permitted,
     3. roll over the assets to an Individual Retirement Account (“IRA”), or
     4. take a full withdrawal in cash, which would result in ordinary income tax and a
        penalty tax if you are under age 59 1/2.

  If we recommend that you roll over your 401(k) or other qualified plan assets to an IRA, this
  rollover recommendation presents a conflict of interest in that we would receive
  compensation (or may increase current compensation) when investment advice is provided
  following your decision to roll over your plan assets. We will discuss your retirement plan
  options including retention of your 401(k) or qualified plan assets with your current plan, if
  allowed. Prior to making a decision you should carefully review the information regarding
  your rollover options. You are under no obligation to rollover retirement plan assets to an
  account managed by us.