Summit Wealth Management LLC

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based Fees for Portfolio Management

       Total Assets Under Management                  Annual Fee
                   All assets                           1.00%

These fees may be negotiable, and the final fee schedule is attached as Exhibit II of the Investment
Advisory Contract. Clients may terminate the agreement without penalty for a full refund of SWM's
fees within five business days of signing the Investment Advisory Contract. Thereafter, clients
may terminate the Investment Advisory Contract generally with 30 days' written notice.

SWM uses the value of the account as of the last business day of the prior billing period, after taking
into account deposits and withdrawals, for purposes of determining the market value of the assets
upon which the advisory fee is based.

Pension Consulting Services Fees

Asset-Based Fees for Pension Consulting

       Total Assets Under Management                  Annual Fee
                   All assets                           1.00%

These fees may be negotiable, and the final fee schedule is attached as Exhibit II of the Investment
Advisory Contract.

Clients may terminate the agreement without penalty for a full refund of SWM's fees within five
business days of signing the Investment Advisory Contract. Thereafter, clients may terminate the
Investment Advisory Contract generally with 30 days' written notice. SWM bills based on the balance
on the first day of the billing period

SWM uses the value of the account as of the last business day of the prior billing period, after taking
into account deposits and withdrawals, for purposes of determining the market value of the assets
upon which the advisory fee is based.

B. Payment of Fees

Payment of Asset-Based Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts with
client's written authorization on a quarterly basis. Fees are paid in advance for accounts custodied
at Charles Schwab. Fees on 401(k) plans not custodied at Charles Schwab are paid in arrears.

Payment of Asset-Based Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts with client's
written authorization on a quarterly basis. Fees are paid in advance.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees, brokerage fees,
mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by SWM. Please see Item 12 of this brochure regarding broker-dealer/custodian.

D. Prepayment of Fees

SWM collects certain fees in advance. Refunds for fees paid in advance will be returned within
fourteen days to the client via check or return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of the fees
collected in advance minus the daily rate* times the number of days elapsed in the billing period up
to and including the day of termination. (*The daily rate is calculated by dividing the annual asset-
based fee rate by 365.)

E. Outside Compensation For the Sale of Securities to Clients

Neither SWM nor its supervised persons accept any compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the sale of mutual
funds.

Item 7: Types of Clients
SWM generally provides advisory services to the following types of clients:

   •   Individuals
   •   Pension and Profit Sharing Plans
   •   401(k) Plans

Minimum Account Size

There is no account minimum for any of SWM’s services.