Succession Financial Inc

Item 5: Fees and Compensation
Please note, unless a Client has received this brochure at least 48 hours prior to signing an Advisory
Contract, the Advisory Contract may be terminated by the Client within five (5) business days of signing the
Advisory Contract without penalty or incurring any fees. At no time do we require prepayment of $1,200 or
more six months or more in advance of rendering the services.

How we are paid depends on the type of advisory services we perform. Below is a brief description of our
fees, however, you should review your executed Advisory Contract for more detailed information regarding
the exact fees you will be paying. Fees are negotiable and some fees may vary by Client for similar services.
No increase to the agreed-upon advisory fees outlined in the Advisory Contract shall occur without prior
Client consent.

Investment Management Services

The fee is based on a percentage of assets under management, not to exceed 1.50%, and is negotiable as
determined by SF. The advisory fee will be clearly listed within the Advisory Agreement. The annual advisory
fee is paid monthly in advance based on the value of the Client's account(s) as of the last day of the billing
period. The formula for the monthly fee is determined by the following calculation: [(Assets Managed x 1.5%
) ÷ 365] x # of days in the billing period]. Certain Clients may have preexisting fee arrangements based upon
the Advisory Agreement in place at the time of signing.

In determining the advisory fee, we may allow accounts of members of the same household to be
aggregated. SF relies on the valuation as provided by Client’s custodian in determining assets under
management. Our advisory fee is prorated for any partial billing periods occurring during the engagement,
including the initial and terminating billing periods. Adjustments will be made for deposits and withdrawals
during the billing period.

If SF utilizes an Outside Manager, the above fee includes the Outside Manager’s fee. The Outside Manager’s
advisory fees, billing schedule, and payment procedures are set forth in their separate written disclosure
documents, advisory agreements, and/or the account opening documents of your account Custodian. At no
point will the combined fee charged to the Client exceed 2% of assets under management.

The advisory fee is a bundled fee that covers the combined costs of our investment advice, together with the
costs of all brokerage commissions incurred in your account held at the Custodian (“Wrap Fee”). Please see
Form ADV Appendix 1, Wrap Fee Program Brochure for more information about our Wrap Fee Program.

For fee-based annuities, SF charges a fee based on a percentage of the annuity account value, not to exceed
1.50%, payable monthly in arrears. We rely on the valuation as provided by Client’s custodian or insurance
carrier in determining the account value. SF does not include the annuity account value(s) when determining
your investment management fees. Any transaction costs are separate and apart from our advisory fee and
is borne by the Client.

Ongoing Financial Planning

We charge a recurring fixed fee for Ongoing Financial Planning. The annual fee ranges from $0 to $75,000
and is payable monthly or quarterly in advance. The fee range is dependent upon variables including the
specific needs of the Client, complexity, estimated time, research, and resources required to provide
services to you, among other factors we deem relevant. Fees are negotiable and the final agreed upon fee
will be outlined in your Advisory Contract.

Retirement Plan Management

The fee is based on a percentage of assets under management and is negotiable. The fee depends on the
type of plan covered:

   ●​ Guideline 401k - The annual advisory fee is 0.25% of assets under management. The fee is paid
      quarterly in arrears based on the average daily balance of the Client’s account(s).

   ●​ Defined Benefit plan - The annual advisory fee 1.50% of assets under management. The fee is paid
      monthly in advance based on the value of Client’s account(s) as of the last day of the billing
      period/the average daily balance of the Client’s account(s).

This does not include fees to other parties, such as record keepers, custodians, or third-party
administrators. SF relies on the valuation as provided by Client’s custodian in determining assets under
management. Our advisory fee is prorated for any partial billing periods occurring during the engagement,
including the initial and terminating billing periods.

Fee Payment

For Investment Management services, we deduct our advisory fee from one or more account(s) held at an
unaffiliated third-party custodian, as directed by the Client. Please refer to Item 15 of this Brochure
regarding our policy on direct fee deduction. Clients may also pay by electronic funds transfer (EFT) or check.
We use an independent third party payment processor in which the Client can securely input their payment
information to pay their fee. We do not have access to the Client’s banking or credit information at any time.
The Client will be provided with their own secure portal in order to make payments.

When an Outside Manager is used, the Outside Manager will debit the Client’s account for both the Outside
Manager’s fee, and SF’s advisory fee.

For Financial Planning services, fees are paid by electronic funds transfer (EFT) or check. We use an
independent third party payment processor in which the Client can securely input their banking information
and pay their fee. We do not have access to the Client’s banking information at any time. The Client will be
provided with their own secure portal in order to make payments.

For Retirement Plan services, fees are either paid directly by the plan sponsor or deducted directly from the
plan assets by the custodian. Please refer to Item 15 of this Brochure regarding our policy on direct fee
...

Item 7: Types of Clients
We provide financial planning and investment management services to individuals, high net-worth
individuals, pension and profit sharing plans, charitable organizations, and corporations or other
businesses.

We do not have a minimum account size requirement to open or maintain an account.