Tidwell Wealth Management LLC

Item 5 – Fees and Compensation

In certain circumstances, all fees, account minimums and their applications to family circumstances
may be negotiable.
Advance fee payments will never exceed $500 for work that will not be completed within six
months.
TWM has contracted with Focus Partners – Advisor Solutions for services including trade
processing, collection of management fees, record maintenance, report preparation, marketing
assistance, and research. TWM has also contracted with Focus Partners – Advisor Solutions for sub-
advisory services with respect to clients’ accounts. TWM pays a fee for Focus Partners – Advisor
Solutions services based on management fees paid to TWM on accounts which use Focus Partners –
Advisor Solutions. The fee paid by TWM to Focus Partners – Advisor Solutions consists of a portion
of the fee paid by clients to TWM and varies based on the total client assets administered and/or
sub-advised by Focus Partners – Advisor Solutions through TWM. These fees are not separately
charged to advisory clients. The fee charged by TWM to its clients includes all sub-advisory fees
charged by Focus Partners – Advisor Solutions.

The specific manner in which fees are charged by TWM is established in a client’s written
agreement with TWM. Investment Management and Employee Benefit Plan clients will be invoiced
in advance at the beginning of each calendar quarter based upon the value (market value based on
independent third party sources or fair market value in the absence of market value; client account
balances on which TWM calculates fees may vary from account custodial statements based on
independent valuations and other accounting variances, including mechanisms for including
accrued interest in account statements) of the client’s account at the end of the previous quarter.
New accounts are charged a prorated fee for the remainder of the quarter in which the account is
incepted (date of first trade).

For Investment Management and Employee Benefit Plan Services, TWM will request authority from
the client to receive quarterly payments directly from the client's account held by an independent
custodian. Clients may provide written limited authorization to TWM or its designated service
provider, Focus Partners – Advisor Solutions, to withdraw fees from the account. Clients will receive
custodial statements showing the advisory fees debited from their account(s). Certain third-party
administrators will calculate and debit TWM’s fee and remit such fee to TWM.

A client agreement may be canceled at any time, by either party, for any reason upon receipt of 30
days written notice. Upon termination of any account, any prepaid, unearned fees will be promptly
refunded. The client has the right to terminate an agreement without penalty within five business
days after entering into the agreement.

TWM’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and
expenses which shall be incurred by the client. Clients may incur certain charges imposed by
custodians, brokers, third party investment and other third parties such as fees charged by

managers, custodial fees, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees,
and other fees and taxes on brokerage accounts and securities transactions. Mutual funds and
exchange traded funds also charge internal management fees, which are disclosed in a fund’s
prospectus. These fees will generally include a management fee and other fund expenses. All fees
paid to TWM for investment advisory services are separate and distinct from the fees and expenses
charged by mutual funds and ETFs to their shareholders.
Such charges, fees and commissions are exclusive of and in addition to TWM’s fee, and TWM shall
not receive any portion of these commissions, fees, and costs.

Neither TWM nor any of its supervised persons accepts compensation for the sale of securities or
other investment products, including asset-based sales charges or service fees from the sale of
mutual funds.

Advisory Fees

The annual fee for investment management services will be charged as a percentage of assets under
management, according to the schedule below:

              Assets Under Management                             Annual Fee (%)
                 On the first $500,000                                1.50%
                 On the next $500,000                                 1.25%
                On the next $1,000,000                                1.00%
                On the next $1,000,000                                0.90%
                On the next $2,000,000                                0.80%
                On the next $5,000,000                                0.70%
              Amounts after $10,000,000                               0.50%

TWM generally requires a minimum account size of $250,000 for Investment Management Services.
Smaller accounts may be accepted, for example, based on the expectation that the account will
reach the account minimum through additional client contributions.

All accounts for members of the client’s family (husband, wife and dependent children) or related
businesses may be assessed fees based on the total balance of all accounts.

For advice provided to clients about assets held in employer sponsored retirement plans TWM
generally applies the fee schedule noted above. For those clients who prefer lesser involvement by
TWM regarding their employer sponsored retirement plans, the fees noted above will be reduced
by 50 basis points in each asset level tier.

For California Residents: Subsection (j) of Rule 260.238, California Code of Regulations requires
that all investment advisers disclose to their advisory clients that lower fees for comparable
services may be available from other sources.

Clients will not be charged a total management fee in excess of 3%.

Employee Benefit Plan Services:
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Item 7 – Types of Clients

TWM provides services to individuals, trusts, charitable organizations, and businesses.

TWM generally requires a minimum account size of $250,000 for Investment Management Services.
A minimum of $500,000 is generally required for management services of portfolios of individual
fixed income securities. Minimum account sizes may be negotiable under certain circumstances.