Target Rock Wealth Management LLC

Item 5: Fees and Compensation
Please note, unless a Client has received this brochure at least 48 hours prior to signing an Advisory
Contract, the Advisory Contract may be terminated by the Client within five (5) business days of signing the
Advisory Contract without penalty.

How we are paid depends on the type of advisory services we perform. Below is a brief description of our
fees, however, you should review your executed Advisory Contract for more detailed information regarding
the exact fees you will be paying. No increase to the agreed-upon advisory fees outlined in the Advisory
Contract shall occur without prior Client consent. All fees outlined below are negotiable.

Investment Management Services

The fee is based on a percentage of total gross assets under management and is negotiable at the sole
discretion of TRWM. The annualized fees for investment management services are based on the following
fee schedule:

                   Gross Asset Value                               Annual Advisory Fee

                      $0 - $500,000                                        1.45%

                  $500,001 - $2,000,000                                    1.00%

                 $2,000,001 - $5,000,000                                   0.85%

                 $5,000,001 and Above                                      0.50%

The annual advisory fee is paid quarterly in advance based on the total gross value of Client’s account(s) as
of the last day of the immediately prior calendar quarter. The advisory fee for the initial period shall be
based on the total gross value of the assets initially deposited into the Portfolio. The advisory fee is a
blended tier. The quarterly fee is determined by the following calculation: [Billable Balance x (( 90 / 360 ) x
Annual Rate)]. For example, for assets under management of $2,000,000, a Client would pay 1.45% on the
first $500,000 and 1.00% on the remaining balance. Our advisory fee is prorated for any partial billing
periods occurring during the engagement, including the initial and terminating billing periods.

In determining the advisory fee, we may allow accounts of members of the same household to be
aggregated. TRWM relies on the valuation as provided by Client’s custodian in determining assets under
management. TRWM, in its sole discretion, may negotiate to charge a lesser fee based upon certain criteria,
such as the complexity of the client’s portfolio, familial or personal client relationships, the level of service
involved, pre-existing client relationships, anticipated future additional assets, dollar amount of assets to be
managed, account retention and pro bono activities among other factors.

For account(s) managed by Sub-Advisors, the above fee schedule does not include the Sub-Advisors fee.
Depending on the model utilized, fees can range from 0.35% to 1.00% of assets under management.
Sub-Advisors will debit their fee directly from Client account(s). These fees are separate and apart from
TRWM’s fee. TRWM and the Sub-Advisor are separate and unaffiliated entities. Sub-Advisor advisory fees,
billing schedule, and payment procedures are set forth in your Client Agreement.

Advisory fees are directly debited from Client accounts, or the Client may choose to pay by electronic funds
transfer or check. The Advisory Contract may be terminated with written notice at least 30 calendar days in
advance. Upon termination of the Advisory Contract, a prorated refund will be provided to the Client.

Ongoing Comprehensive Financial Planning

Ongoing Financial Planning consists of an upfront fee ranging from $500 to $1,000, depending on the
complexity and needs of the Client. The initial fee covers the initial construction of the comprehensive
financial plan. This work will commence immediately after the fee is paid, and the length of time required to
complete and deliver the plan is dependent on several factors including the needs of the Client, the Client’s
ability to provide any necessary information and documentation, as well as the complexity of their financial
situation. Advisor may reduce or waive the initial fee at the Advisor’s discretion. At no time do we require
prepayment of $500 or more six months or more in advance of rendering the services.

Thereafter, TRWM charges an ongoing fee that is paid monthly or quarterly, in advance, at the rate of $200 -
$2,000 per month or $600 - $6,000 per quarter.

For medical students, residents, and physicians, TRWM offers investment management services in addition
to financial planning services under a single annual flat fee. The fee is based upon net worth, planning needs
and complexity, income, assets under advisement, and other factors. The ongoing annual fee generally
ranges from $5,000 to $50,000, but may be more or less. Fees are billed monthly or quarterly in advance.

Fees for this service may be paid by electronic funds transfer or check. This service may be terminated with
30 days’ notice. Upon termination of any agreement, the fee will be prorated and any unearned fee will be
refunded to the Client.

Project-Based Financial Planning

Project-Based Financial Planning is offered on a fixed fee or hourly basis. The fixed fee will be agreed upon
before the start of any work. The fixed fee can range between $500.00 and $20,000, depending on
complexity and the needs of the Client. The fee is negotiable. If a fixed fee program is chosen, half of the fee
is due at the beginning of the process and the remainder is due at completion of work, however, TRWM will
not bill an amount above $500.00 more than 6 months in advance.

Hourly Financial Planning engagements are offered at an hourly of $375.00 per hour, with a two (2) hour
minimum.

Fees for this service may be paid by electronic funds transfer or check. In the event of early termination any
prepaid but unearned fees will be refunded to the Client and any completed deliverables of the project will
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Item 7: Types of Clients
We provide financial planning and portfolio management services primarily to affluent and high net-worth
individuals. We also provide portfolio management services to institutions, organizations, and associations.

Our minimum account size requirement is $500,000. TRWM reserves the right to waive the minimum
account size requirement at their discretion.