Spark Financial Advisors LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the client within five (5)
business days of signing the contract without incurring any advisory fees. How we are paid depends on the type
of advisory service we are performing. Please review the fee and compensation information below.
Wealth Management Services
Wealth Management clients receive a comprehensive, holistic service including Investment Advisory,
Investment Management, and Comprehensive Financial Planning services. The Wealth Management service
consists of an upfront fee and an ongoing fee. The upfront Comprehensive Financial planning fee ranges from
$0 - $6,000, depending on complexity and the needs of the client.

The upfront portion of the Wealth Management fee is for client onboarding, data gathering, and setting the basis
for the financial plan. This work will commence immediately after the fee is paid and will typically be completed
within the first 90 days of the date the fee is paid. Therefore, the upfront portion of the fee will not be paid more
than 6 months in advance. The upfront fee may be paid out of assets only if the total fee does not exceed 2% of
Assets Under Management. The upfront fee is negotiable. If a client terminates service by notifying us in writing,
with at least 15 days’ notice, we will refund any unearned upfront portion of the fee.
Wealth Management clients are billed an ongoing base fee based on complexity. For new clients after
September 9th, 2022 the minimum retainer is based on the following advisory fee schedule based on the
market value of the assets under advisory and assets under management and is calculated as follows:

                      Account Value                                   Annual Advisory Fee
                       $0-1,000,000                                           1.0%
               $1,000,0001- to $5,000,000                                    0.75%
                $5,000,001 to $7,000,000                                      0.5%
                    Above $7,000,001                                         0.25%

Assets under advisory include any brokerage account, employer retirement plan, and vested stock options. It
may also include private placements, business interests, and private real estate holdings should the client desire
such services.

For clients after March 15th, 2020: In addition to the schedule above, Spark may use its sole discretion to make
flat-dollar upward adjustments to clients’ fee calculation to account for situations that may require ongoing
planning work that is above and beyond what would be considered typical for that client service model. Upward
adjustments range from $500-$6,000 per occurrence and relate to additional planning work related to
irrevocable trusts, business ownership or self-employment, exit planning, significant real estate holdings,
alternative investments or other complex needs.

There are two service models clients can select:

 Freedom Builders (*minimum fee of $6,000                  Legacy Builders (*minimum fee $6,000 annually)
 annually)

     ●   Cash flow planning & debt repayment                   ●   Cash flow planning & debt repayment
     ●   Insurance review                                      ●   Insurance review
     ●   Tax review and planning                               ●   Long-Term Care analysis
     ●   Investment analysis (risk profile, asset              ●   Tax review and planning
         allocation, current portfolio review)                 ●   Tax-efficient portfolio withdrawal analysis
     ●   College Planning                                      ●   Pension Claiming Strategy
     ●   Employee Benefit analysis                             ●   Investment analysis (risk profile, asset
     ●   Retirement Planning                                       allocation, current portfolio review)
     ●   Charitable Planning                                   ●   College Planning
     ●   Estate Planning                                       ●   Employee Benefit analysis
                                                               ●   Retirement Planning and coaching
                                                               ●   Social Security Planning
                                                               ●   Charitable Planning
                                                               ●   Estate Planning

The annual fees are negotiable, pro-rated and paid in arrears on a quarterly basis. The minimum retainer advisory
fee is a flat fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown
in the above chart and applying the fee to the account value as of June 30th and divided into quarterly or monthly
payments. If any additional fees based on complexity are required they will be assessed on top of the base fee.
The annual fee for new clients is calculated based on the value of investable assets determined during the initial
financial planning process.

If, for any reason, the value of any asset cannot be determined on June 30th, fees will be calculated based on
asset values as close to June 30th as possible. The ongoing fee will be updated on an annual basis. No increase in
the annual fee attributable to assets under advisory shall be effective without notification sent to the client at
least 15 days’ prior to any fee change.
Advisory and Management fees may be directly debited from client accounts, or the client may choose to pay
by check or by electronic funds transfer. Accounts initiated or terminated during a calendar quarter will be
charged a pro-rated fee based on the amount of time remaining in the billing period. An account may be
terminated with written notice at least 30 calendar days in advance. Since fees are paid in arrears, no rebate
...

Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth individuals,
charitable organizations, and corporations or other businesses.
We do not have a minimum account size requirement.