Schulz Wealth Ltd

Item 5: Fees & Compensation

    How We Are Compensated for Our Advisory Services
    The fee and how it is charged is determined by the type of service engagement. Fees are negotiable
    at times in our sole discretion. The following describes the fees for each service we offer. Fees are
    subject to change upon notice to the client:

    Comprehensive Wealth Planning (at Schwab):

                       Assets Under Management       Annual Percentage of Assets Charge
                           Less than $900,000                     1.25%
                         $900,000 to $1,499,999                   1.00%
                        $1,500,000 to $2,999,999                  0.90%
                        $3,000,000 to $5,999,999                  0.75%
                        $6,000,000 to $9,999,999                  0.60%
                         $10,000,000 and above                    0.50%

    Our firm’s annualized fees are billed on a pro-rata basis quarterly in advance based on the value of
    your account on the last day of the previous quarter. Should a client open an account during a quarter,
    the firm’s management fee will be prorated based on the number of days the account was open during
    the quarter. In the event the firm’s services are terminated mid-quarter, any paid, unearned fees will
    be promptly refunded to the client. The number of days the account was managed during the quarter
    until termination is used to determine the percentage of the managed fee earned (based on the total
    number of days in the quarter) and the balance is refunded.

    Should the client have more than one Account managed by us, we may elect at our sole discretion to
    aggregate the client’s Accounts for the purpose of computing management fees.

    Clients will authorize their fee to be deducted from their managed account. As part of this process,
    the client is made aware of the following:

ADV Part 2A – Firm Brochure                        Page 7                                         Schulz Wealth, Ltd.

         a) Your independent custodian sends statements at least quarterly to you showing the market
            values for each security included in the Assets and all disbursements in your account
            including the amount of the advisory fees paid to us.
         b) You provide authorization permitting us to be directly paid by these terms. We send our
            invoice directly to the custodian.
         c) It is the client’s responsibility to verify the calculation of advisory fees deducted from the
            account; and
         d) We send a copy of our invoice to you, which includes a legend urging you to compare
            information provided in our statement with those from the qualified custodian.

    Investment Management (at Betterment):

    Our Investment Management fee is assessed quarterly, in arrears, at an annual percentage of 1.25%
    based upon a percentage of the client’s assets under management (including cash) as of the close of
    business on the last business day of the preceding calendar quarter. Investment management fees
    will be automatically deducted from the client’s account by the Custodian as soon as practicable
    following the end of each calendar quarter. Should the client open the Account during a quarter, our
    management fee will be prorated based on the number of days that the Account was open during the
    quarter. If our services are terminated mid-quarter, any amount owing will be due and payable. The
    number of days the account was managed during the quarter until termination is used to determine
    the percentage of the management fee due and payable (based on the total number of days in the
    quarter). Additional deposits of cash and/or securities will be subject to the same billing procedures.

    Betterment will charge its own fee for its services as set out in the direct agreement between
    Betterment and the client. Clients are charged an annual asset-based wrap fee of .18% on amounts
    invested via Betterment and our fee is an annual 1.07%, for a total annual fee of 1.25% of the assets
    overseen. Betterment deducts the fee quarterly, in arrears.

    Betterment’s separate agreement with the client provides authority for Betterment to directly debit
    the firm’s fees from the client’s account(s) and distribute the fees to the firm. All fees deducted by
    Betterment will be clearly noted on account statements that you will receive directly from the
    custodian of record on a quarterly basis.

    Should the client have more than one account managed by us, we may elect at our sole discretion to
    aggregate the client’s accounts for the purpose of computing management fees.

    Ongoing Financial Planning:

    Our Ongoing Financial Planning Fee is a fixed fee assessed semi-annually, typically on January 1st and
    July 1st, in arrears, based upon the scope of the services required by the Client and the complexity of
    the client’s financial situation.

    If the client begins services during a billing cycle, we will prorate the fee for the initial period based
    on the number of days in the billing cycle that services were provided and add the prorated fee to
    the first full billing. If our services are terminated during a billing cycle, upon termination, we will
    invoice the client for our fee based upon the number of days services were provided during that
    period. Our fee becomes immediately due and payable upon receipt of our invoice.

    We may amend our fee at any time by giving thirty (30) days advanced written notice to the client
    subject to the client’s consent and right to terminate the agreement.

ADV Part 2A – Firm Brochure                         Page 8                                          Schulz Wealth, Ltd.

    Limited-Scope Financial Planning:
...

Item 7: Types of Clients & Account Requirements

    We have the following types of clients:
        Individuals and High Net Worth Individuals
        Trusts, Estates or Charitable Organizations
        Defined Contribution Retirement Plans and Profit-Sharing Plans
        529 Plans
        Corporations, Limited Liability Companies and/or Other Business Types

    The Firm does not require a minimum initial investment to open an account. However, the Firm
    reserves the right to accept or decline a potential client for any reason in its sole discretion. Prior to
    engaging the Firm to provide any of the services described in this Brochure, the client will be required
    to enter into one or more written agreements with the Firm setting forth the terms and conditions
    under which the Firm shall render its services.