Tenet Wealth Partners LLC

ITEM 5 - FEES AND COMPENSATION
Fee Schedule & Billing Method
Tenet offers services on a fee basis, which may include fixed fees, as well as fees based upon
assets under management or advisement.

Investment Management Services
The annual management fee for our Investment Management Services, including Financial
Planning, is based on the total dollar value of the assets maintained in the client account.
The fee assessed and/or charged is based on what is stipulated in the Investment Advisory
Agreement signed by each client. This may include a minimum annual fee.

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Our annual fee ranges up to 1.60% annually and is assessed and/or charged monthly, in
advance, based on the value at the end of the billing period. Inflows and outflows of cash are
considered on a prorated basis in this calculation. Fees can be structured as a fixed flat
percentage fee on total assets in the account, a fixed flat dollar amount, or a tiered fee
schedule whereby the fee is calculated by applying different rates to different levels of assets.

Financial Planning Fees
In addition to the advisory fees paid, we may provide additional Financial Planning services
to clients regarding the management of their financial resources, which is based upon an
analysis of their current personal and financial situations, goals, and objectives. The fee
assessed and/or charged is based on what is stipulated in the Agreement signed by each
client. The Firm offers services on a fee basis, which may include fixed fees, as well as fees
based upon assets under management or advisement.

Other Fees and Expenses
In addition to the advisory fees paid to the Firm, clients may incur certain charges imposed
by other third parties, such as broker-dealers, custodians, trust companies, platform service
providers, banks, and other financial institutions (collectively “Financial Institutions”). These
additional charges may include securities brokerage commissions, transaction fees,
custodial fees, fees attributable to alternative assets, reporting charges, margin costs,
charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the
fund’s prospectus (e.g., fund management fees and other fund expenses), 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. In addition, fees charged
by the Independent Managers/Sub-Advisors are charged to the clients separately. In these
relationships with third-party and/or Sub-Advisors, these fees would be in addition to the
fees charged by the Firm, paid directly to the third-party and/or Independent Manager/Sub-
Advisor, and the Firm will not receive any portion of those fees or share in those fees.
The Firm will charge a separate fee to utilize Wealth.com for estate planning services, up to
$1,500.00, based on the complexity of the plan. Tenet does not and will not provide legal
advice through Wealth.com. Tenet is only providing access to the Wealth.com digital estate
planning platform, where clients will direct the creation of their own estate planning
documents. Tenet is not responsible for drafting and analyzing documents.
Direct Fee Debit
Clients generally provide the Firm and/or the Independent Managers/Sub-Advisors 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, are required to send statements to clients
not less than quarterly detailing account transactions, including any amounts paid to the
Firm.

Account Additions and Withdrawals
As stated above, clients may make additions to and withdrawals from their accounts at any
time, subject to the Firm’s right to terminate an account. The initial deposit will be prorated
for the portion of the Billing Period during which Assets are managed. Thereafter, deposits
or withdrawals made at any time during a Billing Period do not affect the calculation of the
Wealth Management Fee, which is based solely on the value of Assets on the final day of the

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Billing Period. All withdrawals are subject to customary securities settlement procedures.
Additions may be in cash or securities, provided that the Firm reserves the right to liquidate
any transferred securities or declines to accept particular securities into a client’s account.
Clients may withdraw account assets on notice to the Firm, subject to the usual and
customary securities settlement procedures. However, the Firm generally designs its
portfolios as long-term investments, and the withdrawal of assets may impair the
achievement of a client’s investment objectives. The Firm may consult with its clients about
the options and implications of transferring securities. Clients are advised that when
transferred securities are liquidated, they may be subject to transaction fees, short-term
redemption fees, fees assessed at the mutual fund level (e.g., contingent deferred sales
charges), and/or tax ramifications.

Termination
Either party may terminate the advisory agreement at any time by providing written notice
to the other party. The client may terminate the agreement at any time by writing, emailing,
or phoning Tenet at our office. The Firm will refund any prepaid, unearned advisory fees.
Terminations will not affect liabilities or obligations from transactions initiated in client
accounts prior to termination. In the event the client terminates the investment advisory
agreement. The Firm will not liquidate any securities in the account unless instructed by the
client to do so. In the event of the client’s death or disability, the Firm will continue
...

ITEM 7 - TYPES OF CLIENTS
Tenet provides asset management, Financial Planning, and ERISA plan advisory & consulting,
investment advisory and selection of third-party Independent Managers and/or Sub-
Advisors. Our services are provided on a discretionary or non-discretionary basis to a variety
of clients, including institutional investors, individuals, high-net-worth individuals, trusts and
estates, qualified purchasers, and individual participants in retirement plans. In addition, we
may also provide advisory services to entities such as pension and profit-sharing plans,
businesses, and other investment advisors.

Account Requirements
Tenet may impose a stated minimum fee, which may be waived at the Firm’s discretion, but
does not impose a minimum portfolio value for starting and maintaining an investment
management relationship. Certain Independent Managers may, however, impose more restrictive
account requirements and billing practices from the Firm. In these instances, the Firm may alter its
corresponding account requirements and/or billing practices to accommodate those of the Independent
Managers.

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