Summit Wealth Group LLC

Item 5:      Fees and Compensation

     A.      Fees Charged

     All investment management clients will be required to execute an Investment Management
     Agreement that will describe the type of management services to be provided and the fees, among
     other items. Clients are advised that they may pay fees that are higher or lower than fees they may
     pay another advisor for the same services and may in fact pay lower fees for comparable services from
     other sources. Clients are under no obligation at any time to engage, or to continue to engage, SWG
     for investment services.

     Financial Life Planning
     Financial Life Planning fees for initial planning work will vary but are generally expected to be in the
     fixed fee range of $5,000 to $7,500 per plan. However, these fees are guidelines, subject to change
     according to the complexity of the plan and the specific client’s circumstances. Such changes may

include providing services pro bono for matters such as charities or higher fees for highly complex
matters. In limited circumstances, family members can receive discounted services for Financial Life
Planning.

The Financial Life Planning fee also includes any actions on the part of SWG required to implement the
plan for a period of up to 12 months from the Agreement signing. In some instances, there may be
additional planning not identified in the initial plan that will require more services and resources of
SWG. These additional services are provided on an hourly basis, at $500 per hour.

Wealth Management
SWG provides investment management services for an annual fee based upon a percentage of the
assets being managed by SWG. This asset-based fee typically varies between .25% and 1.5%. Fees are
negotiable, and may be higher or lower than this range, based on the nature of the account. This rate
is based on a blended tiered fee schedule. Factors affecting fee percentages include the size of the
account, complexity of asset structures, and other factors such as whether or not ongoing financial
planning is incorporated into asset management. All clients, but especially those with smaller
accounts, should be advised they may receive similar services from other professionals for higher or
lower overall costs.

Tax Preparation & Planning
Tax Preparation and planning services are charged on a fixed fee subscription basis paid in advance on
a calendar year basis. We offer three tiered levels of service from Basic to Advanced depending on
complexity. The annual fee ranges from $750 - $2,500. Services include tax preparation and filing, tax
planning scenario analysis, electronic filing, audit representation, year-round access for all tax matters,
and no hourly fees.

Financial Consulting
Financial consulting is done on a fixed fee basis. Fixed fees will be between $5,000 and $10,000. The
fee range stated is a guide. Fees may be higher or lower than this range, based on the nature of the
engagement. Fees are negotiable and will depend on the anticipated complexity of the project.

B.      Fee Payment

Financial Life Planning & Financial Consulting
Financial Life Planning and Financial Consulting fees will be due upon receipt of invoice from SWG.
Financial Life Planning fees are due at the presentation of the plan. Consulting fees may be billed 50%
up front on a case-by-case basis.

Wealth Management
For clients whose assets are managed by the firm, investment advisory fees will be debited directly
from each client’s account. The advisory fee is paid quarterly, in advance, and the value used for the
fee calculation is the gross value as of the last market day of the previous quarter. This means that if
your annual fee is 1.00%, then each quarter we will multiply the value of your account by 1.00% then
divide by 4 to calculate our fee. For assets deposited into or withdrawn from an account, known as
capital flows, after the inception of a billing period, the fee payable is prorated based on the number
of days remaining in the billing period. Any reduction in fees related to the withdrawal of assets in an
account will be credited against the next billing period’s investment advisory fees. Additionally, to the

extent there is cash in your account, it will be included in the value for the purpose of calculating fees.
Once the calculation is made, we will instruct your account custodian to deduct the fee from your
account and remit it to SWG.

Clients whose fees are directly debited will provide written authorization to debit advisory fees from
their accounts held by a qualified custodian chosen by the client. Each quarter, clients will receive a
bill itemizing the fees to be debited, including the formula used to calculate the fee, the amount of
assets upon which the fee is based, and the time period covered by the fee. The invoice will also state
that the fee was not independently calculated by the custodian. The client will also receive a statement
from their account custodian showing all transactions in their account, including the fee.

Third Party Managers
For clients whose assets are managed through third party managers (please see Item 8 for more
information regarding the use of third-party managers), the terms of fee payment may vary dependent
upon the manager or managers selected. For example, while SWG generally debits fees quarterly, in
advance, some managers calculate fees quarterly in arrears, or potentially even monthly. For details
on the exact methodology of calculating fees by each of the managers in a client’s portfolio, clients
should refer to the Form ADV for such managers.

Tax Preparation
Invoices for tax preparation services will be documented on each Client Engagement Letter and are
payable in advance on a calendar year basis.

C.      Other Fees

There are a number of other fees that can be associated with holding and investing in securities. Where
...

Item 7:      Types of Clients

     Clients advised may include individuals, families, trusts, charitable organizations and foundations,
     pensions, and corporations. SWG require each client to place at least $1,000,000 with the firm. This
     minimum may be waived in the discretion of SWG.