TEPP RIA LLC

ITEM 5 - FEES AND COMPENSATION
In addition to the information provided in Item 4 – Advisory Business, this section details our Firm’s services and
each service’s fees and compensation arrangement. The Client and Tepp RIA LLC d/b/a Tepp Wealth
Management’s Investment Advisory Agreement will outline and agree upon the exact costs and other terms
related to the Client’s Accounts.

INVESTMENT MANAGEMENT FEE

Our Firm offers investment management services for an annual fee based on the amount of assets under
management. Our maximum annual fee is 2.00%, and we have a minimum account size of $1,000,000. We retain
the right to waive the minimum account size at our discretion. In certain circumstances, depending on the scope
and complexity of the investment management services provide, our firm may charge a minimum recurring fee
of $6,000 per year.
Our annual fee is reasonable in relation to (1) the services provided and (2) the fees charged by other investment
advisers offering similar services/programs.
Our annual fee is prorated and charged quarterly in arrears based on the value of the Client’s assets under
management as of the close of business on the last business day of the previous quarter. Cash and cash
equivalents, including money market funds, are subject to the agreed-upon advisory fee. Clients should
understand that the advisory fees charged on these balances may exceed the returns provided by cash, cash
equivalents, or money market funds, especially in low-interest rate environments.
Our Firm retains complete discretion to negotiate fees and may waive or impose different fees on any Client.
The investment advisory fees will be deducted from your account and paid directly to our Firm by the qualified
Custodian(s) of your account. The Client will authorize your account's qualified Custodian(s) to deduct fees from
the account and pay such fees directly to our Firm. All account assets, transactions, and advisory fees will be
shown on the monthly or quarterly statements provided by the Custodian. You should review your account
statements received from the qualified Custodian(s) and verify that appropriate investment advisory fees are
being deducted. The qualified Custodian(s) will not verify the accuracy of the investment advisory fees deducted.
We may aggregate related Client accounts to calculate the advisory fee applicable to the Client. The investment
management agreement will outline the fee charged to a Client and any breakpoints based on the level of assets
managed. The fees are subject to change with prior written notice to the Client.
Our annual investment advisory fee may be higher than that of other investment advisers that offer similar
services and programs. In addition to our compensation, you may incur charges imposed at the mutual fund
level (e.g., advisory fees and other fund expenses).
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the days the
Client account was open during that quarter. Any prepaid, unearned fees will be refunded upon termination of
any account.

LEGACY MANAGEMENT FEE

Managed legacy positions are included within our Firm’s standard investment management fee and are outlined
in the executed investment management agreement.

FINANCIAL PLANNING FEE

TEPP RIA LLC
D/B/A TEPP WEALTH MANAGEMENT
03.2026 | PAGE 11 OF 36

Our Firm provides financial planning services as part of our investment management services and fees.

TAX PLANNING SERVICE FEES

The fee for tax planning services is a minimum of [$MINIMUM OR FIXED FEE]. The fee is dependent on the
complexity and work involved in the tax planning. The fee for a custom tax analysis will be determined based
on the complexity of the client situation. A fee will be quoted and agreed upon before work commences. For
both services, the fee will be quoted and agreed upon before work commences. The fee is collected ½ up
front and ½ upon delivery and review of the plan.

The fee for tax return preparation is based on time spent preparing the client returns and will be submitted to
the client for payment when the tax return is complete.

INDEPENDENT SUB-ADVISORY & THIRD-PARTY MANAGER SERVICE FEES

A complete description of the SMA and ITPM’s services, fee schedules, and account minimums will be disclosed
in Manager's disclosure brochure, which will be provided to you before or when an agreement for services is
executed, and the account is established. Each third-party investment adviser is required under federal securities
laws to provide their clients, including SMA and ITPM Clients, with a Form ADV Part 2A (“Adviser Brochure” or
“this Brochure”) that includes disclosures, and among other things, the fees charged to their clients.
The actual fee charged to the Client will vary depending on SMA or ITPM. All fees are calculated and collected
by the Manager, who will be responsible for delivering our Firm’s portion of the fee paid by the Client. With
SMA and ITPMs, you may incur additional charges, including mutual fund sales loads, 12b-1 fees and surrender
charges, and IRA and qualified retirement plan fees.
There is a potential conflict of interest in using independent Managers if they pay us a portion of their advisory
fee and have met the conditions of our Firm’s due diligence review. Our Firm is committed to always working in
the Client's best interest. There may be other Managers not affiliated with our Firm that may be suitable for a
Client or may be more or less costly. As with any Advisor, no guarantees can be made that the SMA or ITPM will
achieve your financial goals or objectives. Further, no guarantees of performance can be offered.
Clients should review the SMA or ITPM’s Brochure in its entirety, along with this Brochure, to fully understand
the services, fees, agreements, and risks surrounding these arrangements and fully understand that these types
of arrangements have layers of fees that may or may not be apparent without reading the SMA or ITPM’s
...

ITEM 7 - TYPES OF CLIENTS
Our Firm provides investment management, investment advice, financial planning, consulting and advisement
to individuals, high-net-worth individuals, families, estates, trusts, partnerships, and retirement plans.
Our firm requires a minimum account value of $1,000,000 for advisory services. Clients have the option to
aggregate all household accounts to meet this minimum. Exceptions to the minimum account requirement may
be granted based on the Client's relationship with their representative.
For fee calculation purposes, unless instructed otherwise, we will automatically aggregate related client
accounts, a practice commonly known as "householding" portfolios. Householding may result in lower fees than
if each account were billed separately, as the combined value is used to determine the account size and the
corresponding annualized fee.
Our approach to householding considers the overall family dynamic and relationship. Additionally, if applicable,
and as noted in Appendix B of the Investment Management Agreement, legacy positions may be excluded from
the fee calculation.
Clients must execute a written agreement with our Firm specifying the advisory services to establish a Client
arrangement with us.