Rockwood Wealth Management LLC

Item 5: Fees and Compensation
RWM bases its fees on a percentage of assets under management or fixed fees. RWM may also charge a retainer.
All fees are negotiable.

Minimum Fees
RWM generally imposes a minimum annual fee of $12,000. This minimum fee may have the effect of making
Rockwood Wealth Management’s service impractical for certain clients, particularly those with portfolios of less
than $1,000,000. RWM, in its sole discretion, may waive its minimum annual fee and/or charge a lesser fee based
upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar
amount of assets to be managed, related accounts, account composition, existing client relationships, account
retention, negotiations with clients, and pro bono activities.

If a new client relationship is executed at any time other than the first day of the calendar quarter RWM will apply
fees on a pro rata basis. As such the advisory fee is payable in proportion to the number of days in the quarter for
which a client is active.

                  Rockwood Wealth Management               ADV Part 2A    CRD/Number: 137481
                                                        (Brochure)
The specific manner in which fees are charged is described in the client’s written agreement. RWM will generally
bill its fees on a quarterly basis. Clients are billed in advance. The employee benefit plan accounts are billed in
arrears or advance dependent on the written agreement. Generally, clients authorize RWM to directly debit fees
from the account though certain clients may pay fees directly. Management fees shall not be prorated to reflect
capital contributions and withdrawals made during the fee period. Accounts initiated during a fee period will be
prorated, as applicable.

Wealth Management Fees and Asset Management Fees

   Assets Under Management                                           Annual Fee

   First $1,000,000                                                  1.25%

   Next $1,500,000                                                   1.00%

   Next $2,500,000                                                   0.80%

   Next $5,000,000                                                   0.60%

   Over $10,000,000                                                  0.50%

Other Fees
In addition to RWM’s fees, clients will incur fees and expenses charged by third parties in connection with portfolio
transactions and maintenance of a custodial account. Such fees include brokerage commission, transaction fees,
custodial fees, transfer taxes, wire and electronic fund fees, and other fees and taxes related to transactions and
investments in the account. Mutual funds and exchange traded funds charge internal management fees and other
expenses, which are disclosed in a fund’s prospectus. RWM does not receive or share in any of these fees and
expenses and is compensated solely by fees charged directly to the client. The fees that are paid to RWM for
wealth management and investment management advisory services are separate and distinct from the fees and
expenses charged by mutual funds or exchange traded funds as described in each fund’s prospectus.

At the firm’s discretion, RWM may combine the account values of family members to determine breakpoints and
applicable advisory fees. By combining the account values, an increase in total assets may result in meeting
minimum account deposit(s) or size and as a result a reduced advisory fee will be applied based on the fee schedule
above.

Please see the section entitled “Brokerage Practices” for more information.

Subscription Fees
RWM offers a quarterly newsletter. Newsletters are offered free of charge.

Educational Seminars/Workshops
RWM provides periodic educational seminars and workshops to clients. Educational seminars and workshops are
offered free of charge.

Compensation for Sales of Investment Products
The firm’s compensation is derived solely from fees paid directly by clients. The firm does not receive commission
based on the client’s purchase of any financial product, including insurance. No commissions in any form are
accepted.

Termination of Agreement and Fees
Upon termination of an account any prepaid, unearned fees will be promptly refunded, and any earned unpaid
fees will be promptly due and payable.

                   Rockwood Wealth Management           ADV Part 2A         CRD/Number: 137481
                                                     (Brochure)

Item 7: Types of Clients
RWM provides wealth management services to individuals, high-net-worth individuals, corporate qualified plans,
endowments, corporations, partnerships and profit‐sharing plans and trusts.

In general, we require a minimum to open and maintain an advisory account. A flat annual fee of approximately
$12,000 will be charged for those accounts under the minimum balance. At RWM’s discretion, we may waive or
reduce the minimum account deposit and annual fee.