TRED Avon Family Wealth LLC

ITEM 5 - FEES AND COMPENSATION
Fee Schedule & Billing Method
TAFW offers services on a fee basis, which may include fixed fees, fees based upon assets under
management or advisement, or financial planning fees, depending on the service.

Investment Management Services
The annual management fee for our Investment Management Services is based on the total dollar value of
the assets maintained in the client account. The fee assessed and/or charged is based on what is stipulated
in the Investment Advisory Agreement signed by each client. Fees may be charged as a flat or fixed fee, or
as a percentage of assets under advisement.
Our annual fee for clients who pay as a percentage of assets under advisement ranges up to 1% annually
and is assessed and/or charged quarterly and in advance, based on the value at the end of the billing period.

Financial Planning and Consulting Fees
In addition to the advisory fees paid, we may provide financial planning and/or consulting services to
clients, as a separate service, regarding the management of their financial resources, which is based upon
an analysis of their current personal and financial situations, goals, and objectives. The fee assessed and/or
charged is based on what is stipulated in the Financial Planning and Consulting Agreement signed by each
client. The Firm offers services on a fee basis, which may include fixed fees or an hourly charge. Hourly
fee-based clients may be billed quarterly for work completed to date or are billed the entire fee at the
completion of the work for which the client engaged the Advisor.

Other Fees and Expenses
In addition to the advisory fees paid to the Firm, clients may incur certain charges imposed by other third
parties, such as broker-dealers, custodians, trust companies, platform service providers, banks, and other
financial institutions (collectively “Financial Institutions”). These additional charges may include securities
brokerage commissions, transaction fees, custodial fees, fees attributable to alternative assets, reporting
charges, margin costs, charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed
in the fund’s prospectus (e.g., fund management fees and other fund expenses), deferred sales charges,
odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on
brokerage accounts and securities transactions. In addition, fees charged by the Independent
Managers/Sub-Advisors are charged to the clients separately. In these relationships with third-party and/or
Sub-Advisors, these fees would be in addition to the fees charged by the Firm, paid directly to the third-
party and/or Independent Manager/Sub-Advisor, and the Firm will not receive any portion of those fees or
share in those fees.

Direct Fee Debit
Clients generally provide the Firm and/or the Independent Managers/Sub-Advisors 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, are required to send statements to clients not less than quarterly
detailing account transactions, including any amounts paid to the Firm.

For those clients who prefer to pay TAFW directly, the client will be invoiced at the end of the billing period
with payment due within 30 days. Clients may pay by check, ACH or another account.

Account Additions and Withdrawals
As stated above, clients may make additions to and withdrawals from their accounts at any time, subject
to the Firm’s right to terminate an account. Additions may be in cash or securities, provided that the Firm
reserves the right to liquidate any transferred securities or declines to accept particular securities into a
client’s account. Clients may withdraw account assets on notice to the Firm, subject to the usual and
customary securities settlement procedures. However, the Firm generally designs its portfolios as long-
term investments, and the withdrawal of assets may impair the achievement of a client’s investment
objectives. The Firm may consult with its clients about the options and implications of transferring
securities. Clients are advised that when transferred securities are liquidated, they may be subject to
transaction fees, short-term redemption fees, fees assessed at the mutual fund level (e.g., contingent
deferred sales charges), and/or tax ramifications.

Termination
Either party may terminate the advisory agreement at any time by providing written notice to the other
party. The client may terminate the agreement at any time by writing, emailing, or phoning TAFW at our
office. The Firm will refund any prepaid, unearned advisory fees.
Terminations will not affect liabilities or obligations from transactions initiated in client accounts prior to
termination. In the event the client terminates the investment advisory agreement. The Firm will not
liquidate any securities in the account unless instructed by the client to do so. In the event of the client’s
death or disability, the Firm will continue management of the account until we are notified of the client’s
death or disability and given alternative instructions by an authorized party.

ITEM 7 - TYPES OF CLIENTS
TAFW provides asset management, financial planning, ERISA plan advisory & consulting, investment
advisory, consulting, and selection of third-party Independent Managers and/or Sub-Advisors. Our services
are provided on a discretionary or non-discretionary basis to a variety of clients, such as institutional
investors, individuals, high net worth individuals, trusts and estates, qualified purchasers, and individual
participants of retirement plans. In addition, we may also provide advisory services to entities such as
pension and profit-sharing plans, businesses, and other investment advisors.

Account Requirements
TAFW imposes a stated minimum portfolio value of $5,000,000 for starting and maintaining an investment
management relationship. However, based on facts and circumstances, TAFW may, at its sole discretion,
accept accounts with a lower value. Certain Independent Managers may, however, impose more restrictive
account requirements and billing practices from the Firm. In these instances, the Firm may alter its
corresponding account requirements and/or billing practices to accommodate those of the Independent
Managers.