Steve Lynch Wealth Management

Fees and Compensation
Description
   STEVE LYNCH WEALTH MANAGEMENT bases its fees on a percentage of
   assets under management and hourly charges.
    Some Retainer Agreements may be priced based on the complexity of work,
    especially when asset management is not the most significant part of the
    relationship.
    Financial plans are priced according to the degree of complexity associated
    with the client’s situation.
    Asset Management Fees are not negotiable but financial plans may be
    negotiable.
    STEVE LYNCH WEALTH MANAGEMENT, in its sole discretion, may waive
    its minimum fee and/or charge a lesser investment advisory fee based upon
    certain criteria (e.g., historical relationship, type of assets, anticipated future
    earning capacity, anticipated future additional assets, dollar amounts of
    assets to be managed, related accounts, account composition, negotiations
    with clients, etc.).
    Stephen C. Lynch and Kyle K. Lynch are Registered Representatives and
    offer securities for which they can receive commissions. Clients may
    purchase recommended products from other dealers/brokers.

Fee Billing
    Investment management fees are billed quarterly, in advance. Fees are
    deducted from each client account to facilitate billing. The client must
    consent in advance to direct debiting of their investment account.
    The annual Advisory Service Agreement fee is 1.25% (one and twenty five
    hundredths percent). For New Mexico residents, a gross receipts tax will be
    added which is presently at 7.625% on the fee amount. These fees are billed
    quarterly in advance on the following months: January, April, July, and
    October. If an account is introduced mid-way through a billing cycle, the fee
    will be pro-rated from the date of introduction.
    There is no minimum or maximum annual fee.
    Although the Advisory Service Agreement is an ongoing agreement and
    constant adjustments are required, the length of service to the client is at the
    client’s discretion. The client or the investment manager may terminate an
    Agreement by written notice to the other party. At termination, fees will be
    billed on a pro rata basis for the portion of the quarter completed. The
    portfolio value at the completion of the prior full billing quarter is used as the
    basis for the fee computation, adjusted for the number of days during the
    billing quarter prior to termination. A refund will be issued for remaining days
    in the quarter by crediting the brokerage account.

Fee Computation
    Fees are assessed at the beginning of the upcoming quarter. The fee is
    determined by taking the market value of the account (MV) on the last trading
    day of the quarter and multiplying that by 1.25 (one and twenty five
    hundredths) percent annual fee. That figure is then multiplied with the result
    of the number of days in the upcoming quarter (D) divided by 365 (or 366 in a
    leap year), and. The formula is as follows: FEE = ((MV x .0125) x (D/365)).
    For New Mexico residents, the Gross Receipts tax of 7.625% (or the
    prevailing rate) will be added to the fee.

Financial Plan Fee
    The fee for a financial plan is predicated upon the facts known at the start of
    the engagement. The fees range from $1500 and up but they are negotiable.
    Since financial planning is a discovery process, situations occur wherein the
    client is unaware of certain financial exposures or predicaments.
    In the event that the client’s situation is substantially different than disclosed
    at the initial meeting, a revised fee will be provided for mutual agreement.
    The client must approve the change of scope in advance of the additional
    work being performed when a fee increase is necessary.
    After delivery of a financial plan, future face-to-face meetings may be
    scheduled as necessary for up to one month. Follow-up implementation work
    is billed separately at the rate of $500 per hour.
    Fees for financial plans are billed 50% in advance, with the balance due upon
    delivery of the financial plan.

Hourly Planning Engagements
   STEVE LYNCH WEALTH MANAGEMENT provides hourly planning services
   for clients who need advice on a limited scope of work. The hourly rate for
   limited scope engagements is $500.

Termination of Agreement
    A Client may terminate any of the aforementioned agreements at any time by
    notifying STEVE LYNCH WEALTH MANAGEMENT in writing and paying the
    rate for the time spent on the investment advisory engagement prior to
    notification of termination. If the client made an advance payment, STEVE
    LYNCH WEALTH MANAGEMENT will refund any unearned portion of the
    advance payment.
    STEVE LYNCH WEALTH MANAGEMENT may terminate any of the
    aforementioned agreements at any time by notifying the client in writing. If the
    client made an advance payment, STEVE LYNCH WEALTH MANAGEMENT
    will refund any unearned portion of the advance payment.

Other Fees
    Custodians may charge transaction fees on purchases or sales of certain
    mutual funds and exchange-traded funds.
    Additionally, Pershing, LLC, charges a program fee for managed accounts.
    Their fee is calculated by taking the account value used for the fee at the end
    of the quarter and multiplying it with the product of (.0005/4). This fee is a cost
    for lower ancillary charges and ticket charges clients pay.
    New Financial Plan fees are calculated on a formula basis and adjusted for
    complexity of individual situations. The formula is based on gross income,
    gross assets and other financial considerations.

Expense Ratios
   Mutual funds generally charge a management fee for their services as
   investment managers. The management fee is called an expense ratio. For
   example, an expense ratio of 0.50 means that the mutual fund company
...

Types of Clients
  Description
     STEVE LYNCH WEALTH MANAGEMENT generally provides investment
     advice to individuals, pension and profit-sharing plans, trusts, estates, or
     charitable organizations, and corporations or business entities.
      Client relationships vary in scope and length of service.

  Account Minimums
     The minimum account size is $10,000 of assets under management, which
     equates to an annual fee of $134.53 for NM residents (gross receipts
     included) or $125.00 for out of state residents, if billed once annually.
      STEVE LYNCH WEALTH MANAGEMENT has the ability to seek permission
      and waive the account minimum. Permission is often granted if client will
      meet minimum threshold within six (6) months of opening an account and
      they are investing a monthly amount.

Methods of Analysis, Investment Strategies and
                Risk of Loss