Taylor & Morgan Wealth Management LLC

Item 5: Fees and Compensation

 A. Fee Schedule

Investment Supervisory Services Fees

          Total Assets Under Management                   Annual Fee
                  $0 - $1,000,000                           1.00%

              $1,000,001 and Above                          0.75%

These fees are negotiable and the final fee schedule is attached as Exhibit II of the
Investment Advisory Contract. Fees are paid quarterly in arrears, and clients may
terminate their contracts with five days’ written notice. Payment for the unbilled
portion is due upon notice of termination. Because fees are charged in arrears, no
refund policy is necessary. Clients may terminate their accounts without penalty
within 5 business days of signing the advisory contract. IA will not be compensated
on the basis of a share of capital gains upon or capital appreciation of the funds or
any portion of the funds of the client.

Financial Planning Fees Hourly Fees
Depending upon the experience level of the investment advisor representative, the fees
for these services are between $175 and $300. The hourly for a junior representative is
$175 an hour, the hourly fee for a senior representative is $300. The final fee schedule
will be attached as Exhibit II of the Financial Planning Agreement. Fees are paid in
arrears upon completion. Because fees are charged in arrears, no refund is necessary.
Clients may terminate their contracts without penalty within five business days of
signing the advisory contract.

Mergers & Acquisitions Advisory Services Fees
The rate for Mergers & Acquisitions Advisory Services is $250 and $450 an hour with a
success fee that can range from .5% to 2% of the sale proceeds.

Educational Seminars/Workshops
TM provides periodic educational seminars and workshops to clients and the general public.

B. Payment of Fees
Payment of Investment Supervisory Fees
Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. Fees are paid quarterly in arrears.

       Advisory fees are also invoiced and billed directly to the client quarterly in arrears.
       Clients may select the method in which they are billed.

       Payment of Financial Planning Fees
       Hourly Financial Planning fees are paid via check, cash, or credit card in arrears upon
       completion. Because fees are charged in arrears, no refund is necessary.

       Payment of Mergers & Acquisitions Advisory Fees
       Mergers & Acquisitions Advisory fees are paid via check, ACH, or wire transfer monthly
       for hourly rate services. The success fees are paid at the time a merger & acquisition deal
       close.

       Payment of Educational Seminar/Workshop Fees
       Educational seminars and workshops are offered free of charge.

      C. Clients Are Responsible For Third Party Fees
     Clients are responsible for the payment of all third party fees (i.e. custodian fees, mutual
     fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
     expenses charged by TM. Please see Item 12 of this brochure regarding
     broker/custodian.

      D. Prepayment of Fees
     TM collects its fees in arrears. It does not collect fees in advance.

       E. Outside Compensation For the Sale of Securities to Clients

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

Item 7: Types of Clients

TM generally provides investment advice and/or management supervisory services to the
following Types of Clients:

          ❖ Individuals
          ❖ Pension and Profit-Sharing Plans

      Minimum Account Size
      There is no account minimum.