Switchpoint Financial Planning LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing
the investment advisory contract, the investment advisory contract may be terminated by the client
within five (5) business days of signing the contract without incurring any advisory fees.
How we are paid depends on the type of advisory service we are performing. Our primary fee type is
Comprehensive Financial Planning and Investment Management. All other fee types offered on case-by-
case basis at our discretion and will be outlined in the Client’s advisory contract.
Please review the fee and compensation information below.

Comprehensive Financial Planning and Investment Management
The fee for Comprehensive Financial Planning and Investment Management is a flat fee generally ranging
from $6,800 to $30,000 per year.
The fee is determined by the complexity of the client’s situation and the expected resources required to
service the client. Factors used to determine complexity include, but are not limited to, marital status,
number of dependents, number and type of income sources (such as self-employment, executive
compensation, etc.), number and type of investment accounts, real estate holdings, private debt or equity
holdings, and estate planning needs.
Because the fee is determined based on complexity and not portfolio size, clients with similar portfolio
sizes could pay different fees and clients with different portfolio sizes may pay the same fee.
The fee will be mutually agreed upon with the client and outlined in the advisory agreement prior to
SwitchPoint engaging the client.
The annual fee shall not exceed 3% of client assets under management. The fee will be paid quarterly, in
advance at ¼ the annual rate. These fees may be negotiable in certain cases.

Clients may choose to have advisory fees debited from client accounts or to pay by check or ACH. This
service may be terminated with 30 days’ notice, and any unearned portion of the fee will be refunded.
No increase in the annual fee shall be effective without agreement from the client by signing a new
agreement or amendment to their current advisory agreement.

Retirement Plan Consulting
Our firm’s fees are a flat fee based on the complexity of the plan, with a minimum annual fee of $2,400
per year. The final agreed upon annual fee will be memorialized in the client’s advisory agreement.

Fees are billed on a pro-rata basis quarterly in arrears. Fees are negotiable in certain circumstances. Fees
may be paid by the sponsor of the Qualified Plan or directly deducted from the assets of the Qualified
Plan. The fee-paying arrangements for Retirement Plan Consulting service will be determined on a case-
by-case basis and will be detailed in the signed consulting agreement.

Hourly Planning and Project Fees
Financial Planning projects will generally be offered on a fixed fee basis, which is agreed upon before the
start of any work. Fixed fees will be determined on a case-by-case basis with the fee based on an
estimate of the number of hours required to complete the project, multiplied by $300.00 per hour. The
fixed fee for planning projects typically ranges between $1,000.00 - $3,000.00. The fee is negotiable in
certain cases. If a fixed fee program is chosen, half of the fee is due at the beginning of process and the
remainder is due at completion of work. However, SwitchPoint will not bill an amount above $1,200.00
more than 6 months in advance. If the situation necessitates additional work beyond the typical project
range, an hourly rate of $300.00 per hour will be billed.

Investment Management Only (no Financial Planning included)
At our sole discretion, we may accept clients for investment management only services. This service is
generally not available for clients with portfolios over $500,000. The standard advisory fee for
investment management only services is 1.5% of the market value of the assets under management. The
annual advisory fee is pro-rated and paid in advance on a quarterly basis. The advisory fee is calculated
by using the value of the assets in the account(s) on the last business day of the prior billing period, then
multiplying by ¼ the annual fee. The fee may be negotiable in certain cases.

The advisory fee is directly debited from Client accounts. Accounts initiated during a calendar quarter
will be charged a pro-rated fee based on the amount of time remaining in the billing period. An account
may be terminated with written notice of at least 30 calendar days in advance. Upon termination of the
account, any unearned fee will be refunded to the Client.

Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses
which may be incurred by the client. Clients may incur certain charges imposed by custodians, brokers,
and other third parties such as custodial fees, deferred sales charges, odd-lot differentials, transfer
taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
securities transactions. Mutual fund and exchange traded funds also charge internal management fees,
which are disclosed in a fund’s prospectus. Such charges, fees and commissions are exclusive of and in
addition to our fee, and we shall not receive any portion of these commissions, fees, and costs.

Item 12 further describes the factors that we consider in selecting or recommending broker-dealers for
client’s transactions and determining the reasonableness of their compensation (e.g., commissions).
We do not accept compensation for the sale of securities or other investment products including asset-
based sales charges or service fees from the sale of mutual funds.
Clients may incur fees from third-party professionals such as accountants and attorneys that SwitchPoint
may recommend, upon Client request. Such fees are separate and distinct from SwitchPoint’s advisory
fees.

Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth
individuals, pension and profit-sharing plans, and corporations or business entities.
We do not have a minimum account size requirement.