Summit Wealth Partners LLC

Item 5 | FEES AND COMPENSATION

DESCRIPTION OF FEES
Summit’s standard annual wealth management and investment advice fees vary between 0.75% and
2.00%, depending upon the assets under management and the specific services provided. In limited
circumstances and at our discretion, our advisory fees are negotiable and will be set forth in the
agreement for services with the client. Negotiated fee arrangements vary based on the type of client,
investment objectives, account size, and individual circumstances. Some legacy accounts may have
different fee provisions. Note that as a fee-only firm, neither Summit nor any Summit employee ever
receives commissions on securities transactions.

Summit allows investment accounts of members of the same household to be aggregated for purposes
of determining annual fees. For example, we allow such aggregation when we separately manage
investment accounts for relatives or children of current clients.

As described in Item 4, Summit provides Financial Planning services on an engagement basis at rates that
are determined by the scope of the engagement.

Our fees are stated in the Financial Services Agreement or the Financial Planning Agreement that each
client signs. These Agreements define our relationship with the client. They describe the services we will
provide and the client’s obligations to us. A new client may terminate any Agreement within five days of
the date of acceptance without any cost to the client. After the five-day period, an Agreement may be
canceled by either party, for any reason, with 30 days' prior written notice to the other party. Upon
termination of any account, any unpaid but earned fees will be due and payable.

PAYMENT OF FEES
Rather than direct billing and payment for our services, our clients usually have the custodian for their
investment account(s) deduct our fees from the investment account. The client provides written
authorization permitting Summit to directly bill the custodian for Summit’s fees. If our fees are going to
be directly debited from a client’s custody account, the custodian will send the client a quarterly account
statement that indicates all amounts disbursed from the account, including fees paid directly to Summit.
Clients are informed that it is their responsibility to verify the accuracy of the custodian statement and fee
calculation. The investment account custodian does not determine whether the fee is properly
calculated.

CLIENT RESPONSIBILITY FOR THIRD-PARTY FEES
Clients are responsible for the payment of all third-party fees, to the extent such may exist, including, but
not limited to: TPM fees, investment platform sponsor fees, sub-advisor/portfolio strategist fees,

              Page 7 of 22 — Part 2A of FORM ADV for SUMMIT WEALTH PARTNERS, LLC – March 27, 2026

custodian fees, brokerage fees, ETF/ mutual fund fees, and transaction fees. Such fees are separate and
distinct from the advisory fees charged by Summit.

We use a third-party platform to facilitate the management of held-away assets, such as defined
contribution plan participant accounts, with discretion. The platform allows us to avoid being considered
to have custody of client funds since we do not have direct access to client log-in credentials to affect
trades. We are not affiliated with the platform in any way and receive no compensation from them for
using their platform. A link will be provided to the client, allowing them to connect an account(s) to the
platform. Once client account(s) are connected to the platform, the adviser will review the current account
allocations. When deemed necessary, the adviser will rebalance the account considering the client's
investment goals and risk tolerance, and any change in allocations will consider current economic and
market trends. The goal is to improve account performance over time, minimize loss during difficult
markets, and manage internal fees that harm account performance. Client account(s) will be reviewed at
least quarterly, and allocation changes will be made as deemed necessary. The annual fee is 0.30%
billed quarterly in advance.

FEE REFUNDS
Summit’s annual wealth management or investment advisory fees are billed based on the fair market value
of the assets under management on the last day of the immediately prior month, either monthly or
quarterly, and either in arrears or advance. Fees are assessed pro rata if our services commence on any
date other than the first day of a calendar month. Upon termination of the Advisory Relationship, Summit
will promptly refund the pro rata share of any prepaid fees to the client.

COMPENSATION FOR THE SALE OF SECURITIES TO CLIENTS
Neither Summit nor any of its supervised persons accepts any compensation for the sale of any securities.

Item 7 | TYPES OF CLIENTS

Summit offers its services to individuals and a variety of legal entities, including but not limited to the
following: charitable organizations, public and private corporations, LLCs and LLPs, trusts, foundations, and
pension and profit-sharing plans.

Although Summit generally seeks to serve clients with minimum investable assets of $1,000,000, we
have no specific minimum account size. However, unaffiliated TPMs selected by Summit may have
minimum annual fees or minimum account size requirements. Clients should consult the appropriate TPM’s
disclosure documents for complete disclosure of such requirements and fees.

              Page 8 of 22 — Part 2A of FORM ADV for SUMMIT WEALTH PARTNERS, LLC – March 27, 2026