The Wealth Conservancy Inc

Item 5 - Fees and Compensation
 Fees for Investment Management Clients: As compensation for investment management services provided by The
 Wealth Conservancy, Inc., new investment-only clients can enter into an agreement for services based on a fee schedule
 that is either asset-based or a flat-fee-rate. The client agreement specifies which services will be provided to the client
 and the fee schedule. Discounts not available to our clients are offered to family members and friends of associated
 persons of our firm. The Wealth Conservancy, Inc. can negotiate agreed upon adjustment at its discretion.

 The Wealth Conservancy, Inc.’s standard asset-based investment management fee is the following:

                                       Annual Fee Based on Market Value of Assets

                                   First $2,000,000                1.00%

                                   $2,000,000 - $3,000,000         0.75%

                                   Over $3,000,000                 0.50%

                                  Minimum quarterly fee..........................$10,000.00

A flat-rate fee schedule is determined on a case-by-case basis and is assessed at a fixed fee. Investment management
fees charged by The Wealth Conservancy, Inc. are negotiable and can be different than those set forth in the standard
fee schedule noted above. In certain circumstances, The Wealth Conservancy, Inc. charges a flat or fixed fee,
discounts, or waives fees.

                                          Annual Fee Based on Market Value of Assets
                                         (Existing Clients Who Engaged Prior To 1995)
                                                            2%
                                First $250,000
                                                            1.5%
                                Next 250,000
                                                            0.50%
                                Over 500,000

                                   Minimum quarterly fee..........................$1,350.00

Grandfathering of Minimum Account Requirements: Pre-existing advisory clients are subject to The Wealth Conservancy,
Inc.'s minimum fee requirements and advisory fees in effect at the time the client entered into the advisory relationship.
Therefore, our firm's minimum fee requirements will differ among clients.

Fees for Financial Planning Clients: Fees for The Wealth Conservancy’s financial planning services are determined on a
case-by-case basis and are assessed as a fixed fee. We determine flat-rate or fixed-fee schedules at agreed-upon rates
based on client facts, circumstances, and needs. These include the complexity of the client situation, the services being
provided, the number of accounts and value of assets under advisement, anticipated future additional assets, related
accounts, portfolio style, account composition, and reports, among other factors. The specific annual fee schedule is
identified in the contract between the adviser and each client. Discounts not available to our clients are offered to
family members and friends of associated persons of our firm. The Wealth Conservancy, Inc. can negotiate discounts at
its discretion.

The Wealth Conservancy, Inc. also provides financial planning on a consulting or project basis. Fees are determined on a
case-by-case basis subject to the specific arrangement reached with the client and are agreed upon at the start of the
advisory relationship. Fees are calculated based on client preference, the nature of the services being provided, and the
complexity of each client’s circumstances. Historically, project fees range from $1,000 to $50,000. If the client is an Asset
Management client who is paying TWC for project work, the fees are either added to the client's quarterly billing or billed
separately as is appropriate to the project work.

Valuation of Assets: The valuation of marketable securities is made by the qualified custodian holding the assets and
the qualified custodian follows its standard valuation procedures. Valuations of limited liability companies or
partnerships and private funds are based upon the valuations made by the managing member or general partner or by an
independent, third-party accountant or auditor of the private funds or partnership. We group certain related client
accounts to determine the minimum fee requirements and annualized fee. The Wealth Conservancy, Inc. takes the
valuation of assets and the calculation of its asset-based fees seriously, however, clients are responsible for determining
whether the correct fees are being applied to their account(s). The client’s statement from the qualified custodian

reflects amounts dispersed from all custodial accounts, including the amount of any management fee paid to The Wealth
Conservancy, Inc. for our stated services.

Compensation for Services: The Wealth Conservancy, Inc.’s fees are billed quarterly, in advance, at the beginning of
each calendar quarter. Fees are deducted from the client’s account in accordance with the authorization in the client
agreement unless other arrangements have been made. Adjustments to fees can be made upon mutual agreement
between The Wealth Conservancy, Inc. and the client due to changing goals and financial needs. However, no
amendment is necessary for clients on a flat-rate schedule if the adjustment does not exceed 5% per year.

The client agreement can be terminated by either The Wealth Conservancy, Inc. or the client at any time by sending
written notice to us. Email notification is sufficient if there is an electronic acknowledgement of its receipt. Upon
termination, The Wealth Conservancy, Inc. will stop supervising client funds, and a refund will be made on a pro rata
basis based on the number of days remaining in the quarter for the unearned portion of any fees paid.
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Item 7 - Types of Clients
The Wealth Conservancy, Inc. provides advisory services to primarily high net worth individuals. We also provide
services to business entities and some individuals who are not considered to be high net worth individuals.

As previously disclosed in Item 5, our firm has established certain initial minimum fee requirements, based on
the nature of the service(s) provided. For a more detailed understanding of those requirements, please review
the disclosures provided in each applicable service.