Smith Partners Wealth Management LLC

Item 5 – Fees and Compensation

5(a) SPWM receives 100% of its revenue from its clients. We disclose fee schedules in
advance; they are incorporated into signed management agreements. We do not receive
any fee, income, or kickback of any kind from any other party. Our fees are based on a
percentage of our client's publicly traded assets under our management, hourly fees, or
fixed-rate flat charges. The fees listed in the client's agreement may vary from the fee
schedule listed below.

5(a)(i) The management fee on accounts over $1,000,000 is 1.0%.

5(a) (ii) The Fee typically charged on accounts under $300,000 is 1.50 % on the first
$200,000 and 1.00 % on the amount over $200,000.

5(a) (iii) SPWM may, at its discretion, negotiate or waive a fee.

5(b) (i) The percentages above are annualized. A client's fee is computed in arrears on
the value of the publicly traded securities in the client’s portfolio, including accrued
interest, as of the last trading day of the period for which the fee is computed and may be
subject to a $3,000.00 annual minimum. Clients permit SPWM to deduct from its
investment account(s) the fee, monthly or quarterly, at its discretion. SPWM notifies its
clients in a detailed billing report posted to the client's secure portal or U.S. Mail. The
account value is calculated using our third-party portfolio management system. The third-
party portfolio management system’s values may differ from the market value generated
by the client’s custodian for various reasons, such as accounting methods and pricing
sources.

In most instances, SPWM shall bill on cash as we typically consider cash an asset class.
We define cash as Liquid cash, Money Market Funds, Short-Term Treasury Securities, and
Certificates of Deposit.

SPWM uses an aggregate billing approach for couples and families with children still living
at home. The algorithm aggregates the total value for the accounts and splits the fees
between the accounts.

5(c) (i) SPWM's Management Fees do not include brokerage commissions, transaction
fees, and related costs and expenses, which are borne by the client. Clients may also
incur certain charges imposed by custodians, wire transfer and electronic fund fees, and
other fees and taxes on brokerage accounts and securities transactions. Mutual funds and
exchange-traded funds also charge internal management fees disclosed in the Mutual
Fund's prospectus. SPWM shall ensure clients are invested in the appropriate share class
with the lowest fees that also helps meet the client’s investment objectives. Such costs
are in addition to SPWM's Management Fee. Neither SPWM nor any employee or related
party receives any fee, income, or kickback of any kind from any other party with respect
to these commissions or other charges.

5(c) (ii) Our typical client engagement includes ongoing financial planning, which is
covered by our management fees. However, on occasion, SPWM offers financial planning
separately from investment advisory services. SPWM anticipates that these consulting
engagements represent less than 5% of total advisory billings. Fees for these consulting
arrangements range from $150 to $350 per hour or an agreed-upon flat rate, depending
on the nature and complexity of the work and the level of SPWM resources involved. Fees
for these services are disclosed before the services are performed, are charged upon the
completion of the work, and can be paid by check.

5(c)(iii) The fees on the held-away assets are included as part of the client's advisory fee
with us. We pay the provider for the use of the platform to provide our advisory services
on held-away assets such as the 401K plans. The use of the platform does not change
your advisory fee with us.

5(d) SPWM will charge accounts initiated or terminated during a calendar month or
quarter a management fee prorated to the day that the client initially funded the new
account or to the day SPWM or the client terminated the management agreement. SPWM
reserves the right when to commence management fees following the inception of a new
advisory engagement. SPWM also reserves the right to waive a fee

SPWM shall periodically audit client billing to ensure accuracy and refund any fees as
needed to the affected client within a reasonable time, accompanied by written
communication to the client describing the difference and the refund.

5(e) SPWM does not receive any fees or commissions for trades made in client accounts.
Please refer to 5(c) above regarding the additional fees related to client accounts.

Clients do not pay a separate fee for services the Outsourced Chief Investment Officer
(OCIO) provides. SPWM compensates the OCIO through a flat or asset-based fee
arrangement, and this cost is not billed directly to clients. Our advisory fees, as disclosed
in this Brochure, remain inclusive of all services we provide, including portfolio
management support from the OCIO. If there are any future changes to client fees related
to the OCIO arrangement, clients will be notified in writing in advance.

Item 7 – Types of Clients

SPWM provides investment advice, financial planning, and customized financial consulting
to individuals, families, businesses, trusts, retirement and profit-sharing plans, and
charitable organizations.