Smith & Howard Wealth Management LLC

Item 5 - Fees and Compensation

General Fee Information
Fees paid to us are exclusive of all custodial and transaction costs paid to your custodian, brokers or
other third party consultants. Please see Item 12 - Brokerage Practices for additional information.
Fees paid to us are also separate and distinct from the fees and expenses charged by mutual funds,
ETFs (exchange traded funds) or other investment pools to their shareholders (generally including
a management fee and fund expenses, as described in each fund’s prospectus or offering materials).
You should review all fees charged by funds, brokers, SHWM and others to fully understand the
total amount of fees paid by you for investment and financial-related services.

Financial Planning Fees
Clients who wish to utilize our financial planning services may elect to have this service included in the
management of the portfolio, or may have the financial planning function performed separately. Fees
for separate financial planning are negotiated at the time of the engagement for such services, and
are normally based on an hourly rate.

Portfolio Management Fees
The annual fee schedule, based on a percentage of assets under management, is as follows:

                        First $1,000,000                         1.00%
                        Next $1,000,000                          0.90%
                        Next $3,000,000                          0.65%
                        Next $5,000,000                          0.40%
                        Balance over $10,000,000                 Negotiable

The minimum portfolio value is generally set at $1,000,000. Minimum annual fees may apply. We
may, at our discretion, make exceptions to the foregoing or negotiate special fee arrangements
where we deem it appropriate under the circumstances.

Portfolio management fees are generally payable quarterly, in advance. If management begins after
the start of a quarter, fees will be prorated accordingly. With your authorization and unless other
arrangements are made, fees are normally debited directly from your account(s).

Either you or SHWM may terminate your Investment Management Agreement at any time, subject
to any written notice requirements in our agreement. In the event of termination, any paid but
unearned fees will be promptly refunded to you based on the number of days that your account was
managed, and any fees due to us from you will be invoiced or deducted from your account prior to
termination.

Separate Account Manager Fees
The fee will vary somewhat depending on the Manager(s). Manager fees may be collected on a
schedule that is different from our standard arrangement of billing quarterly in advance. In any
case, the Manager’s fees are separate from and in addition to our fees.

Item 7 - Types of Clients

We serve individuals, pension and profit-sharing plans, trusts, estates, corporations and charitable
organizations. With some exceptions, the minimum portfolio value eligible for conventional
investment advisory services is $1,000,000 and minimum annual fees may apply. Under certain
circumstances and in our sole discretion, we may negotiate such minimums.