Three Cord True Wealth Management LLC

Item 5: Fees and Compensation

3C True Wealth Management Program (3CTWM II) Fees

Clients enter into an Investment Management Agreement (“IMA”) with 3CTWM that outlines the
services provided and fees paid to 3CTWM. The client will pay an asset management fee to
3CTWM based on the value of the client’s 3CTWM account, including cash holdings. Clients are
billed in advance on a quarterly basis based on the account value on the last day of the prior
quarter. Clients will be billed at the rate set forth in their agreement and TCTWM has the
authority to negotiate fees. Fees range from .7% to 1.3% annually for advisory services. For the
Manager Access Select clients are charged an account fee consisting of an LPL program fee of up
to 0.35% and an advisor fee of up to 2.50%. For the initial period of an engagement and
subsequent deposits and withdrawals, the fee is adjusted and calculated on a pro rata basis. In
the event the IMA is terminated, the fee for the final billing period is prorated through the
effective date of the termination and the outstanding or unearned portion of the fee is refunded
to the client. 3CTWM accounts are in a wrap fee program sponsored by 3CTWM. Clients should
review the separate 3CTWM Wrap Fee Program Brochure for more detail about the fees and
expenses related to this program.

Certain Advisory Persons are also licensed as independent insurance professionals. These
persons will earn fees or commissions for the sale of insurance and variable annuity products to
clients. This presents a conflict because Advisory Persons who are licensed insurance
professionals have an incentive to recommend insurance or variable annuity products for the
purpose of generating fees or commissions. To mitigate this conflict, clients are not required to
purchase insurance or variable annuity products through any person affiliated with 3CTWM.

Fee Discretion
3CTWM, in its sole discretion, negotiate to charge a lesser fee based upon certain criteria, such
as anticipated future earning capacity, anticipated future additional assets, dollar amount of
assets to be managed, related accounts, account composition, pre-existing/legacy Client

                          Three Cord True Wealth Management, LLC

relationship, employer-employee relationship, account retention and pro bono activities.
3CTWM will group certain related client accounts for the purposes of determining the fee.

Direct Fee Debit
Clients generally provide 3CTWM and/or certain Independent Managers 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, have agreed to send statements to clients not less than
quarterly detailing all account transactions, including any amounts paid to 3CTWM.

Additional Fees and Expenses
In addition to the advisory fees paid to 3CTWM, clients also incur certain charges imposed by
other third parties, such as broker-dealers, custodians, trust companies, banks and other financial
institutions (collectively "Financial Institutions"). These additional charges include, but aren’t
limited to, securities brokerage commissions, transaction fees, redemption fees, short term
transaction fees, custodial fees, overnight carrier fees for certain deliveries, early settlement fees
when a client wishes to exit investment positions in order to withdraw cash, fees charged by the
Independent Managers, margin costs, fees and expenses imposed directly by a mutual fund or
ETF in a client's account, as disclosed in the fund's prospectus, deferred sales charges, transfer
taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts
and securities transactions. If a client’s assets are invested in mutual funds or ETFs, clients should
be aware that there will be two layers of advisory fees and expenses for those assets. As a
shareholder of a fund, client will pay an advisory fee to the fund manager and other expenses
charged by the fund in addition to the advisory fee paid to 3CTWM.

The Firm's brokerage practices are described at length in Item 12, below. Other fees are disclosed
in the 3CTWM Wrap Fee Program Brochure, IMA, and LPL account documents.

Certain Conflicts of Interest
3CTWM receives compensation as a result of a client’s participation in an LPL program.
Depending on, among other things, the type and size of the account, type of securities held in
the account, changes in its value over time, the ability to negotiate fees or commissions, the
historical or expected size or number of transactions, and the number and range of
supplementary advisory and client-related services provided to the client, the amount of this
compensation will be more or less than what 3CTWM would receive if the client participated in
other programs, whether through LPL or another sponsor, or paid separately for investment
advice, brokerage and other services.

Wrap Fee Program Conflicts
Although clients do not pay a transaction charge for transactions in a wrap fee account, clients
should be aware that 3CTWM pays LPL transaction charges for those transactions. The
transaction charges paid by 3CTWM vary based on the type of transaction (e.g., mutual fund,
equity or ETF) and for mutual funds based on whether or not the mutual fund pays 12b-1 fees
and/or recordkeeping fees to LPL. Transaction charges paid by the Adviser for equities and ETFs

                          Three Cord True Wealth Management, LLC

are $9.00. For mutual funds, the transaction charges range from $0 to $26.50. Because 3CTWM
pays the transaction charges in these accounts, there is a conflict of interest in cases where the
mutual fund is offered at both $0 and $26.50. Clients should understand that the cost to the
Adviser of transaction charges is a factor that 3CTWM considers when deciding which securities
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Item 7: Types of Clients

As noted in Item 4, 3CTWM primarily provides investment management services to individuals
but also provides services to business owners, corporate executives, and retirement plans. There
are no minimum account values except for the Manager Access Select program which has a
$50,000 account minimum.