Total Wealth Planning LLC

Fees and Compensation
    Individuals & Families

    Total Wealth Planning charges fees based on a percentage of assets under management, subject to a
    minimum fee for each of the three service offerings.
    The fee schedule is as follows:
        First $1,000,000 of Investment Assets assessed at 1.25% per annum
        Next $2,000,000 of Investment Assets assessed at 0.80% per annum

   Next $2,000,000 of Investment Assets assessed at 0.70% per annum
   Next $5,000,000 of Investment Assets assessed at 0.50% per annum
   Over $10,000,000 of Investment Assets assessed at 0.35% per annum
   Fees are subject to minimum fees by service offering:
           Flexible Portfolio Management = $750 per Year
           Wealth Foundation Plan = $750 per Quarter
           Wealth Advancement Plan = $2,500 per Quarter
           Wealth Legacy Plan = $6,000 per Quarter
Clients who choose more comprehensive financial planning services without the suggested
minimum assets are likely to pay a higher annual rate (%) than listed above. With the exception of a
client paying a minimum fee, no client in good standing will pay an advisory fee rate higher than
what is listed above.
Fees are negotiable in circumstances when multiple client relationships result from the same
immediate family. There are some long-term existing Clients who may be grandfathered under
previous fee agreements not listed above. All securities held in accounts managed by Total Wealth
Planning will be independently valued by the Custodian. The Advisor will conduct periodic reviews of
the Custodian’s valuation to ensure accurate billing.

Institutional Plan Advisory

Fees for institutional advisory services are charged an annual asset-based fee ranging from 0.50% to
1.00% per annum. Fees are assessed and payable quarterly, in arrears, and based on the ending value
of each period. Fees are determined depending on plan assets, number of participants and complexity
of the Plan.
All charitable purpose accounts (i.e. Donor Advised Funds, Scholarships, Non-Profit owned accounts,
etc.) are billed at a reduced rate of 0.50% per year. This is one way we can help support the efforts of
our Clients who are active in philanthropic and community programs.

Fee Billing

Individuals and Families
Wealth Planning Advisory fees are billed quarterly, and are calculated based on the average daily
balance of the managed portfolio for the previous calendar quarter.
From a timing perspective, Clients will receive a quarterly report by the 15th calendar day following
the close of each calendar quarter. In practice, a client will receive their 4 th quarter report by January
15th for the advisory period of October 1st thru December 31st. Similar timing should be expected for

the 1st, 2nd and 3rd quarters, with reports delivered by April 15th, July 15th and October 15th,
respectively.
The advisory fee will be calculated using the average daily balance of the managed portfolio for the
previous 3 months. For example, a client should expect to receive their 4th quarter investment report
by January 15th with a value ending December 31st. The advisory fee covers all investment
management, financial planning, and servicing, and will be calculated using the average daily
balance of the managed portfolio from October 1st to December 31st. Similar calculation
methodology should be expected for the 1st, 2nd and 3rd quarters. The fee is calculated on a
percentage basis by dividing the annual fee rate by four, then multiplying by the average daily
balance of the assets under management.
Total Wealth Planning will deduct the quarterly fee, proportionally, across eligible client accounts
except in the case of Roth IRA’s, employer based 401ks, or when the client specifically requests
alternate payment arrangements, including payment by check or Venmo. The client must consent in
advance to direct debiting of their investment account. Payment in full is expected within 30 days of
invoice presentation.
Flexible portfolio (e.g. Investment only) Clients are billed on a semi-annual basis
The Firm is engaged by approximately 100 Clients for investment only services, where the billing
process is different than what is described above. These Clients are managed using the Schwab
Intelligent Institutional Platform (“IIP”).
For clients who are managed on the IIP platform, the semi-annual investment communications and
invoices will be delivered in March and September each year. The March communication will include a
semi-annual fee calculated using the period end value on the last business day of February for
management services from Jan 1 to Jun 30. The September communication will include a semi-annual
fee calculated using the period end value on the last business day of August for management services
from July 1 to Dec 31. Based on the process described above, an investment only client will pay in
arrears for 2 months, and prepay for the remaining 4 months. The fee calculation process does not
take into account deposits or withdrawals, and instead utilizes a snapshot of value (2/28 and 8/30) as
the basis of calculating the management fee.

Other Fees

The Client is responsible for all securities execution and custody fees charged by Charles Schwab,
Fidelity, or any other custodian, if applicable. The Firm's recommended custodians, Schwab and
Fidelity, do not charge securities transaction fees for ETF and equity trades in a client's account,
provided that the account meets the terms and conditions of Schwab’s or Fidelity’s brokerage
requirements. However, the custodian typically charges for mutual funds and other types of
investments. The selection of the security our philosophy deems as more important than the
nominal fee the custodian may charge.

The Firm, in its sole discretion, may waive its minimum fee and/or charge a lesser investment
advisory fee based upon certain criteria (e.g., historical relationship, type of assets, anticipated
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