Sieben Wealth Planning LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
advisory agreement with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
wealth management agreement. Wealth management fees are based on the market value of assets under
management at the end of the prior calendar quarter. Wealth management fees are based on the following tiered
fee schedules.

                                               Sieben Wealth Planning LLC
                                          200 Southdale Center, Edina, MN 55435
                                       Phone: 612-720-4637 | https://www.siebenwp.com

                           Assets Under Management ($)                          Annual Rate (%)
                     Up to $999,999*                                                1.00%
                     $1,000,000 to $2,999,999                                       0.85%
                     $3,000,000 to $4,999,999                                       0.75%
                     Over $5,000,000                                                0.65%

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Advisor typically offers a
tiered, incremental fee schedule (as detailed above) where the rate is reduced as assets under management
increase. In certain circumstances, the Advisor may charge a fixed annual rate or fixed fee for its services. The
Client’s fees will take into consideration the aggregate assets under management with the Advisor across all
accounts, unless otherwise agreed in writing. All securities held in accounts managed by Sieben Wealth Planning
will be independently valued by the Custodian. Sieben Wealth Planning will not have the authority or responsibility
to value portfolio securities.

Clients may make additions to and withdrawals from their account[s] at any time, subject to Sieben Wealth
Planning’s right to terminate an account. Additions may be in cash or securities provided that Sieben Wealth
Planning reserves the right to liquidate any transferred securities or decline to accept particular securities into a
Client’s account[s]. Clients may withdraw account assets on notice to Sieben Wealth Planning, subject to the
usual and customary securities settlement procedures. However, Sieben Wealth Planning designs its portfolios as
long-term investments, and the withdrawal of assets may impair the achievement of a Client’s investment
objectives. Sieben Wealth Planning may consult with its Clients about the options and ramifications of transferring
securities.

However, Clients are advised that when transferred securities are liquidated, they may be subject to transaction
fees, fees assessed at the mutual fund level (i.e. contingent deferred sales charge) and/or tax ramifications.

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation from an
Independent Manager. The Advisor will only earn its wealth management fee as described above. Independent
Managers typically do not offer any fee discounts but may have a breakpoint schedule which will reduce the fee
with an increased level of assets placed under management with an Independent Manager. When Independent
managers are utilized, clients will execute a separate agreement with each independent manager, which allows such
managers to calculate and collect fees directly from client accounts. The terms of fee arrangements between the
client and Independent Managers are included in the Independent Manager’s disclosure brochure and applicable
contract[s] with the Independent Manager.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged an annual asset-based fee ranging from 0.25% to 1.00%
based on the size of the Plan and scope of services to be provided. Fees are typically billed in advance of each
calendar quarter, pursuant to the terms of the retirement plan advisory agreement. Retirement plan fees are based
on the market value of assets under management in the Plan at the end of the prior calendar quarter. Fees may be
negotiable depending on the size and complexity of the Plan.

                                               Sieben Wealth Planning LLC
                                          200 Southdale Center, Edina, MN 55435
                                       Phone: 612-720-4637 | https://www.siebenwp.com

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] in advance of each calendar quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the market value of assets under management as of the end of the prior
calendar quarter. Clients will be provided with a statement, generally monthly, from the Custodian reflecting the
deduction of the wealth management fee. Clients provide written authorization permitting advisory fees to be
deducted by Sieben Wealth Planning to be paid directly from their account[s] held by the Custodian as part of the
wealth management agreement and separate account forms provided by the Custodian.

For Client accounts implemented through an Independent Manager, the Client’s overall fees do not typically
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Item 7 – Types of Clients

Sieben Wealth Planning offers advisory services to individuals, high net worth individuals, families, trusts,
estates, businesses, and retirement plans. Sieben Wealth Planning generally does not impose a minimum
relationship size.