Talisman Wealth Advisors LLC

Item 5. Fees and Compensation

TWA offers services on a fee basis, which includes fixed fees, as well as fees based upon assets under
management. For investment management fees associated with participation in the Wrap Program, please
see the Wrap Brochure.

Financial Planning and Consulting Fees

TWA charges a fixed or hourly fee for providing financial planning and consulting services under a stand-
alone engagement. These fees are negotiable but range from $1,500 to $10,000 on a fixed basis and $200
to $400 per hour on an hourly basis, depending upon the scope and complexity of the services and the
professional rendering the financial planning and/or consulting services. The fee can be for a defined
project, such as the delivery of a plan or other content, or for ongoing services. If the client engages the
Firm for additional investment advisory services, TWA can offset all or a portion of its fees for those
services based upon the amount paid for the financial planning and/or consulting services.

The terms and conditions of the financial planning and/or consulting engagement are set forth in the
Advisory Agreement. Fees will be assessed via invoice on either a monthly or quarterly basis as agreed
upon between TWA and the Client. For certain project-based services TWA may require a portion of the
anticipated fee payable immediately upon execution of the Advisory Agreement. The Firm does not,
however, take receipt of $1,200 or more in prepaid fees, six or more months in advance of services rendered.

Investment and Wealth Management Fees

TWA offers investment management services for an annual fee based on the amount of assets under the
Firm’s management. This management fee varies between 10 and 150 basis points (0.10% - 1.50%),
depending upon the size and composition of a client’s portfolio, the type and amount of services rendered

and the individual(s) providing the services.

The annual fee is prorated and charged quarterly, in advance, based upon the market value of the assets
being managed by TWA on the last day of the previous month as determined by an independent third-party
which includes the client’s custodian. If assets are deposited into or withdrawn from an account after the
inception of a billing period, the fee payable with respect to such assets is adjusted to reflect the interim
change in portfolio value and adjusted at the next billing. For the initial period of an engagement, the fee is
calculated on a pro rata basis. In the event the advisory agreement is terminated, the fee for the final billing
period is prorated through the effective date of the termination and the outstanding or unearned portion of
the fee is charged or refunded to the client, as appropriate.

The Firm includes cash in a clients account in determining the valuation for billing purposes. The Firm
may, in its sole discretion, not include cash in determining the fee, especially where a client has a high
percentage of cash for reasons other than the Firm’s investment management decision. Additionally, for
asset management services the Firm provides with respect to certain client holdings (e.g., held-away assets,
accommodation accounts, alternative investments, etc.), TWA can negotiate a fee rate that differs from the
range set forth above. Clients are advised that a conflict of interest exists for the Firm to recommend that
clients engage TWA for additional services for compensation, including rolling over retirement accounts
or moving other assets to the Firm’s management. Clients retain absolute discretion over all decisions
regarding engaging the Firm and are under no obligation to act upon any of the recommendations.

Any LPL Program referenced above is subject to maximum fees, depending on which program is used.

Fee Discretion

TWA may, in its sole discretion, negotiate to charge a lesser fee based upon certain criteria, such as
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, pre-existing/legacy client relationship, account retention,
pro bono activities, or competitive purposes.

Additional Fees and Expenses

Unless the client participates in a wrap fee program, all fees paid for advisory services are in addition to
and separate and distinct from the fees and expenses charged by exchange-traded funds, mutual funds,
separate account managers, private placements, pooled investment vehicles, broker-dealers, and custodians
retained by clients. Such fees and expenses are described, respectively, in each exchange-traded fund and
mutual fund’s prospectus, each separate account manager’s Form ADV and disclosure brochure or similar
disclosure document, each private placement or pooled investment vehicle’s confidential offering
memoranda or similar document, and by any broker-dealer or custodian retained by the client. Clients are
advised to read these materials carefully before investing. If a mutual fund imposes sales charges, a client
may pay an initial or deferred sales charge as further described in the mutual fund’s prospect. The Firm’s
brokerage practices are described at length in Item 12, below.

Direct Fee Debit

Clients provide TWA and/or certain Independent Managers with the authority to directly debit their
accounts for payment of the investment advisory fees. The Financial Institutions that act as the qualified
custodian for client accounts, from which the Firm retains the authority to directly deduct fees, have agreed
to send statements to clients not less than quarterly detailing all account transactions, including any amounts
paid to TWA.

Use of Margin

TWA can recommend that certain clients utilize margin in the client’s investment portfolio or other
borrowing. TWA only recommends such borrowing for non-investment needs, such as bridge loans and
other financing needs. The Firm’s fees are determined based upon the value of the assets being managed
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Item 7. Types of Clients

TWA offers services to individuals, trusts, estates, corporations, and business entities. In general, TWA
does not require a minimum dollar amount to open and maintain an advisory account; however, the Firm
retains the right to terminate a client relationship if the client’s accounts fall below a minimum size which,

in the Firm’s sole opinion, is too small to manage effectively.