The Menard Financial Group LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Wrap Asset Management:

Please see our Wrap Fee Program Brochure for information regarding our fees and compensation
for Wrap Asset Management services.

Financial Planning & Consulting:

Our firm charges on an hourly or flat fee basis for financial planning and consulting services. The total
estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
engagement with the client. The maximum hourly fee to be charged will not exceed $400. Generally,
flat fees range from $600 to $15,000. Flat fees will not exceed $150,000. Our firm requires a minimum
retainer of 25% of the ultimate financial planning or consulting fee at the time of signing. The
remainder of the fee will be directly billed to the client and due within 30 days of a financial plan
being delivered or consultation rendered. Our firm will not require a retainer exceeding $1,200 when
services cannot be rendered within 6 months.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on a fee based on the percentage of Plan assets
under management. The total estimated fee, as well as the ultimate fee charged, is based on the scope
and complexity of our engagement with the client. Fees based on a percentage of managed Plan assets
will not exceed 1.00%. The fee paid by the Client may represent the compensation for the selection,
management and on-going monitoring of fee-based variable annuities.

The fee is paid monthly, in advance, at the beginning of each calendar month for such month and the
fee will be based on the value of the assets in the account on the last business day of the preceding
calendar month. The fee is debited from the annuity, certain restrictions apply and are detailed in the
Lincoln Financial Group Private Letter Ruling issues from the IRS. This document is available upon
request. Clients may also be charged a separate and additional fee as dictated by the insurance carrier
issuing the annuity contract. For additional information regarding these fees, expenses and charges,
Client should refer to the annuity prospectus and Item 8 of this Brochure.

Other Types of Fees & Expenses

Wrap clients will not incur transaction costs for trades by their chosen custodian. More information
about this can be found in our separate Wrap Fee Program Brochure. However, clients may pay
custodial fees, charges imposed directly by an index fund which shall be disclosed in the fund’s
prospectus (i.e., fund management fees and other fund expenses), mark-ups and mark-downs,
spreads paid to market makers, wire transfer fees and other fees and taxes on brokerage accounts
and securities transactions. These fees are not included within the wrap-fee they are charged by our
firm.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution

ADV Part 2A – Firm Brochure                    Page 7                          The Menard Financial Group, LLC

fees, surrender charges IRA and qualified retirement plan fees, mark-ups and mark-downs, spreads
paid to market makers, fees for trades executed away from custodian, wire transfer fees and other
fees and taxes on brokerage accounts and securities transactions. Our firm does not receive a portion
of these fees.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Wrap Asset Management
service in writing at any time. Upon notice of termination our firm will process a pro-rata refund of
the unearned portion of the advisory fees charged in advance.

Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
firm.

Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
written notice to the other party. Full refunds will only be made in cases where cancellation occurs
within 5 business days of signing an agreement. After 5 business days from initial signing, either
party must provide the other party 30 days written notice to terminate billing. Billing will terminate
30 days after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes
into account work completed by our firm on behalf of the client. Clients will incur charges for bona
fide advisory services rendered up to the point of termination (determined as 30 days from receipt
of said written notice) and such fees will be due and payable.

Commissionable Securities Sales

Our firm and representatives do not sell securities for a commission in advisory accounts.

Retirement Rollover Conflicts of Interest

When we provide investment advice to you regarding your retirement plan account or individual
retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement
Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing
retirement accounts. The way we make money creates some conflicts of interest with your
interests, so we operate under a special rule that requires us to act in your best interest and not put
our interests ahead of yours.

Item 7: Types of Clients & Account Requirements

ADV Part 2A – Firm Brochure                    Page 8                          The Menard Financial Group, LLC

Our firm has the following types of clients:
    Individuals and High Net Worth Individuals;
    Trusts, Estates or Charitable Organizations;
    Pension and Profit Sharing Plans;
    Corporations, Limited Liability Companies and/or Other Business Types

Our requirements for opening and maintaining accounts or otherwise engaging us:
    Our firm requires a minimum account balance of $100,000 for our Wrap Asset Management
       service. However, this amount may be negotiable under special circumstances.
    Written financial plans are generally assessed a minimum fee of $600.