USA Financial Securities LLC

ITEM 5: FEES AND COMPENSATION
A. USA Financial Securities offers a variety of methods for investment planning and advisory accounts. In each of the avenues listed
in Item 4, representatives will assess a fee, as described below. These fees are negotiated between the representative and the client
based on the level and scope of overall investment advisory services to be rendered, which is based upon various objective and
subjective factors. These factors include but are not limited to: the amount of assets placed under the representative’s management,
the level and scope of financial planning, and the complexity of the engagement. As a result of these negotiated fees, clients could
pay diverse fees based upon the market value of their assets, the complexity of the engagement, and the other factors listed herein.
Services provided by USA Financial Securities to any client could possibly be available from other investment advisory firms at lower
fees. All clients and prospective clients should be guided accordingly.

The following is a summary of the fees charged by USA Financial Securities:

    Financial Planning Services
    USA Financial Securities' representatives charge fees for financial planning services. Clients can engage USA Financial Securities'
    advisors for financial planning services on an hourly, flat, fixed, or project-based fee. Fees are collected monthly in arrears for
    services rendered. Hourly fees cannot exceed $500/hour and USA Financial Securities typically does not permit flat or project­
    based fees to exceed $75,000. However, fees may be negotiable when additional services are bundled with the implementation of
    a financial plan. Prior to paying any fees, you must sign USA Financial Securities' investment advisory agreement.

    FINANCIAL PLANNING FEE REFUND POLICY - USA Financial Securities' refund policy permits you to request a 100% refund of
    all hourly and/or project fees paid within one year of signing the agreement. However, this refund policy only applies to financial
    planning fees; it does not apply to asset under management fees (i.e., transaction-based pricing fees and/or asset-based pricing
    fees).

    Planning fees will vary between USA Financial Securities' representatives based on a variety of factors: geographical location,
    representative experience, magnitude of the work involved, etc. As a result, it is possible that some clients will be paying more or
    less for the same services than those utilizing another USA Financial Securities financial adviser representative.

    Advisory Account Management
    Fees may be negotiated between clients and the investment adviser representative, provided that the total negotiated fee does not
    exceed 2.7%. USA Financial Securities receives a portion of the fee, as does the investment adviser representative.

        Transaction-Based Pricing Structure (Non-Wrap)
        In a non-wrap advisory account, fees are assessed separately, on an unbundled basis. As such, clients pay for each transaction
        in addition to USA Financial Securities’ advisory fee and the custodial and administrative costs assessed by Pershing.

        Pershing’s Fee Schedule is as follows:

                               BASIS POINT CHARGE                             15bps
                                         Stocks                  $20.00 (+ $0.025 per share)
                                     Mutual Funds                            $20.00
                                      Exchanges                               $4.00
                                          UITs                               $20.00
                                   Bonds - Corporate              $20.00 (+ $1.00 per bond)
                                     Bonds - Other                           $20.00
                                          CDs                                $40.00

                                      USA FINANCIAL SECURITIES • 6020 E. Fulton St. • Ada, Michigan 49301
                                                   Office 888-407-8198 • Fax 888-532-4757
                                                      FS-IADB-15 Page 7 of 23 Rev. 03.25.26

                                                                                                               SECURITIES
                                                                                                  Member FINRA / SIPC | Registered Investment Advisor

        If the USA Financial Securities' representative providing advisory services to the account does his or her own trading, the per-
        transaction brokerage costs may be less than those referenced above. How each representative trades will not affect your basis-
        point charge.

        In addition to the assets-under-management fee and brokerage charges, custodians also charge annual maintenance fees and
        account termination fees on all IRA and qualified retirement plan accounts. These fees apply to all IRA and qualified retirement plan
        accounts, not just accounts at USA Financial Securities. These fees will appear on the account statement. Pershing will deduct
        administrative charges from the management fee.

        Asset-Based Pricing Structure (Wrap)
        In a wrap fee advisory account, clients pay higher custodial and administrative fees because the transaction costs are included/
        bundled within this fee. Clients that pay a higher fee in a wrap account will not pay for individual transactions. Clients may pay more
        in wrap accounts if trading activity is low. Pershing charges 0.30% for participation in their wrap fee program.

    Representative Guided Investment Strategies
    Representatives that are approved by USA Financial Securities to provide investment strategies to their clients charge a strategy fee for
...

ITEM 7: TYPES OF CLIENTS
USA Financial Securities provides investment advice to individuals, corporations and trusts. Many investment adviser representatives focus
on retirement planning, therefore, a significant portion of USA Financial Securities’ client base is comprised of pre-retirees and retirees.

USA Financial Securities does not place restrictions on who can engage in financial planning services. A determination will be made, based
on the information available, whether a financial planning fee is suitable considering each client’s unique financial situation, objectives, and
goals. We require a minimum planning fee of $100.

Our wrap-fee program platforms do require account values of at least $15,000. Additional information regarding the wrap-fee platforms,
including account minimums, is provided as part of Appendix 1 - Wrap Fee Brochure.

Client participation in any AIM Strategies offered by their representative may have their own minimum investment accounts. These account
minimums are set by the representative that provides investment advice for the strategy and may vary. Minimum account sizes for investment
in an AIM strategy are generally determined by the amount of assets necessary to effectively participate in the strategy. Depending on the
investment strategy’s holdings, too small of an investment may not be sufficient to purchase the appropriate proportions of holdings for the
strategy to effectively pursue its objectives.

    ERISA 3(21) Fiduciary Services
    Certain USA Financial Securities investment adviser representatives may provide services as an ERISA 3(21) fiduciary to employer
    sponsored retirement plans. In this role, USA Financial Securities provides non discretionary investment advice, and the plan
    fiduciaries retain full authority and responsibility for all investment decisions. USAFS does not serve as an ERISA 3(38) discretionary
    investment manager, nor does I receive plan-level compensation beyond agreed advisory fees.