Schorn Wealth LLC

Item 5. Fees and Compensation
Schorn Wealth offers its services on a fee basis, which may include fixed fees, as well as fees based. upon
assets under management. For all services, Schorn Wealth’s annual fee is exclusive of, and in addition
to brokerage commissions, transaction fees, and other related costs and expenses which are incurred
by the client. Schorn Wealth does not, however, receive any portion of these commissions, fees, and
costs.

Financial Planning Fees:
Schorn Wealth’s financial planning and consulting fees are negotiable depending upon the level and
scope of the service(s) required and the professional(s) rendering the service(s). Before engaging
Schorn Wealth to provide financial planning or consulting services, clients will be required to enter into
a Financial Planning Agreement with Schorn Wealth setting forth the terms and conditions of the
engagement, describing the scope of the services to be provided, and the portion of the fee that is due
from the client prior to Schorn Wealth commencing services.

Schorn Wealth, LLC (IARD#304104)
March 2026

Investment Management Fees:
Schorn Wealth’s investment management fee schedule (“Advisory Fees”) for accounts managed by
Schorn Wealth is based on a percentage of assets (generally net of any debit balances) and is set forth
below. The Advisory Fees represent the highest fee that may be charged absent special circumstances:

Advisory Assets                                               Annual Fee
0 - $250,000                                                     1.75%
$250,001 - $750,000                                              1.50%
$750,001 - $1,000,000                                            1.25%
All assets in excess of $1 million                               1.00%

Schorn Wealth’s Advisory Fees shall also be prorated and paid quarterly, in advance, based upon the
market value of the assets on the last business day of the previous quarter. Schorn Wealth’s actual
fees may be negotiated, and a client may pay more or less than similar clients depending on the
particular circumstances of the client, which may include considerations related to size of the client’s
account, additional and/or differing levels of service or as negotiated. Clients that negotiate fees may
end up paying a higher fee than that set forth in the fee schedules above as a result of fluctuations in
the client’s assets under management and/or account performance.

Fees Charged by Financial Institutions
Schorn Wealth generally recommends that clients utilize the brokerage and clearing services of Charles
Schwab & Co. Inc., member FINRA/SIPC (“Schwab Advisor Services”), for investment management
accounts.

Schorn Wealth may only implement its investment management recommendations after the client has
arranged for and furnished Schorn Wealth with all information and authorization regarding accounts
with appropriate financial institutions. Clients may incur certain charges imposed by the Financial
Institutions and other third parties such as fees charged by Independent Managers , custodial fees,
charges imposed directly by a mutual fund or ETF in the account, which are disclosed in the fund’s
prospectus (e.g., fund management fees and other fund expenses), deferred sales charges, odd- lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on
brokerage accounts and securities transactions.

Additionally, clients may incur brokerage commissions and transaction fees. Such charges, fees and
commissions are exclusive of and in addition to Schorn Wealth’s fee. Schorn Wealth’s Agreement and
the separate agreement with any Financial Institutions may authorize Schorn Wealth or Independent
Managers to debit the client’s account for the amount of Schorn Wealth’s fee and to directly remit that
management fee to Schorn Wealth or the Independent Managers. Any Financial Institutions
recommended by Schorn Wealth have agreed to send a statement to the client, at least quarterly,
indicating all amounts disbursed from the account including the amount of management fees paid
directly to Schorn Wealth. Alternatively, clients may elect to have Schorn Wealth send an invoice for
payment.

Schorn Wealth, LLC (IARD#304104)
March 2026

Fees for Management During Partial Quarters of Service
For the initial period of investment management services, the fees are calculated on a pro rata basis.
The Agreement between Schorn Wealth and the client will continue in effect until terminated by either
party pursuant to the terms of the Agreement. Schorn Wealth’s fees are prorated through the date of
termination and any remaining balance is charged or refunded to the client, as appropriate. Clients
may make additions to and withdrawals from their account at any time, subject to Schorn Wealth’s
right to terminate an account. Additions may be in cash or securities provided that Schorn Wealth
reserves the right to liquidate any transferred securities or decline to accept particular securities
into a client’s account.

Clients may withdraw account assets on notice to Schorn Wealth, subject to the usual and customary
securities settlement procedures. However, Schorn Wealth designs its portfolios as long-term
investments, and the withdrawal of assets may impair the achievement of a client’s investment
objectives. Schorn Wealth may consult with its clients about the options and ramifications of
transferring securities. However, clients are advised that when transferred securities are liquidated,
they are subject to transaction fees, fees assessed at the mutual fund level (i.e., contingent deferred
sales charge) and/or tax ramifications.

Item 7. Types of Clients
Schorn Wealth provides its services to individuals, trusts, estates, corporations, and business entities.