Schneider Meredith Hall

Item 5 - FEES AND COMPENSATION

ADVISORY FEES
For its ongoing relationship investment management clients, SWM charges a fee based on a
percentage of the market value of the investments held in each client’s account. Assets in
the account are included in the fee assessment unless specifically identified for exclusion.
The annual management fee is prorated and billed every three months, in advance. The
Firm has established a minimum quarterly investment management fee per client relationship.

The management fee is computed on the last day of the billing period. Market value is
determined by Client’s Custodian, which in turn may rely on valuations provided by third-
party sources it believes to be most accurate. Adviser utilizes a portfolio management and
client billing platform known as Advyzon to obtain client account holdings and valuation
data directly from Client’s custodian. However, the Advyzon platform may use slightly
different parameters related to trade date, settlement date, interest credit dates and/or
dividend reinvestment dates than those used by the Client’s custodian. Variations in the
above dates will lead to variations in the identification of holdings and valuations between
Advyzon and the custodian even though the valuation data in both cases originates with the
custodian. For illiquid assets not subject to a readily obtainable market valuation, if any,
Adviser will rely on Client’s custodian, or other third parties such as Client’s accountant, legal
advisor, the issuer of the security or other outside appraiser to determine a valuation. Adviser
will not be liable for the accuracy of any valuation obtained by such custodian or third
parties.

The Firm may include assets held in accounts outside of its primary custodian, such as
employer-sponsored retirement plans (e.g., 401(k) accounts), in the calculation of advisory
fees where the Firm provides ongoing advice and/or management services for those assets.

These assets are valued based on account information provided by the client or made
available through third-party platforms. The Firm’s ability to implement investment decisions in
such accounts may be subject to limitations imposed by the account provider or plan
sponsor.

Unless otherwise negotiated between the Firm and the client, the annual fee is calculated
according to the following standard fee schedule:

  Value of Account Assets                                                      Annual Fee
                                                                               Rate

  First $1 million                                                             1.00%

  Next $2 million                                                              0.85%

  Next $2 million                                                              0.70%

  Next $ 5 Million                                                             0.55%

  Next $15 million                                                             0.45%

  Over $25 million                                                             0.35%

Certain existing clients may be subject to different fee arrangements based on their original
advisory agreements. Any changes to existing client fee arrangements are communicated
directly to those clients and documented accordingly.

Services provided for the above fees are for investment advice and quarterly reporting of
asset holdings, valuations, financial planning, and performance reviews. The client’s
investment management fee to the Firm is determined in accordance with the above
standard fee structure, with exceptions negotiated on a case-by-case basis at our discretion.
Any deviations from the fee structure are based on a number of factors including the nature
and length of the client relationship, the services requested, account composition, the
amount of work involved, the amount of assets placed under management and the
attention needed to manage the account.

Depending on the timing and size of deposits or withdrawals during a billing period, fees may
or may not be adjusted on a prorated basis. Accounts initiated or terminated during a
calendar month will be charged a prorated fee.

Clients customarily authorize SWM to deduct its quarterly investment advisory fee directly from
their custodial account. This authorization is granted under the terms of the client’s signed
investment management agreement and the client’s instructions to the custodian. It is the
client’s responsibility to verify the accuracy of the fee calculation, as the custodian will not
determine whether the fee is properly calculated.

Advisor’s investment strategy generally does not encourage clients to use margin account
trading. Therefore, the decision as to whether to employ margin is left to the sole discretion of
each client. To the extent that a client authorizes the use of margin, and margin is thereafter
employed, the market value of the client’s account and corresponding management fee
payable to Adviser may be increased as any margin balance will not be offset against the
value of assets purchased on margin when Adviser calculates its advisory fee.

FINANCIAL PLANNING FEES
Fees for project based non advisory clients engaging in only financial planning and financial
consultations typically are based upon a fixed fee ranging from $12,000-$18,000 or more
depending upon the complexity of the client’s financial circumstance and needs of the

client. Under certain circumstances, and in its sole discretion, SWM may negotiate an
alternative financial planning fee.

GENERAL FEE DISCLOSURE
SWM sets its fees for its services based upon various objective and subjective factors. As a
result, clients could pay diverse fees based upon the market value of their assets, the
complexity of the engagement, and the level and scope of the overall investment advisory
and/or consulting services to be rendered. As a result of these factors, the services to be
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Item 7 - TYPES OF CLIENTS

Our clients include individuals, high net worth individuals and trusts . As a result of its minimum
quarterly fee, SWM’s services may not be appropriate for everyone.