Vance Wealth LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or
more written agreements with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid in advance, either quarterly or monthly, pursuant to the terms of the investment
advisory agreement (herein “Billing Period"). Wealth management fees are based on the market value of assets
under management at the end of the prior billing period. Wealth management fees are based on the following
schedule:

                  Assets Under Management ($)                  Annual Rate (%)
                  Up to $500,000                                   1.50%
                  Next $3,000,000                                  0.90%
                  Next $11,500,000                                 0.50%
                  Over $15,000,000                                 0.35%

The wealth management fee in the first billing period of service is prorated from the inception date of the account[s]
to the end of the first billing period Fees may be negotiable at the sole discretion of the Advisor. All securities held in
accounts managed by Vance Wealth will be independently valued by the Custodian. Vance Wealth will conduct
periodic reviews of the Custodian’s valuations.

The Advisor’s fee is exclusive of, and in addition to, any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C. below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

                                                    Vance Wealth, LLC
                                         26491 Summit Circle, Santa Clarita, CA 91350
                                         Phone: (888) 775-0950 * Fax: (661) 775-0956
                                                   www.vancewealth.com

The Client may make additions or withdrawals from the account[s] at any time, subject to the Advisor’s right to
terminate an account or the overall relationship. Additions may be in cash or securities provided that the Advisor
reserves the right to liquidate any transferred securities or decline to accept particular securities into a Client’s
account[s]. Clients may withdraw account assets on notice to Vance Wealth, subject to the usual and customary
securities settlement procedures. However, the Advisor typically designs its investment portfolios as long-term
investments and the withdrawal of assets may impair the achievement of a Client’s investment objectives. Vance
Wealth may consult the Client about certain implications such transactions. Clients are advised that when such
securities are liquidated, they may be subject to securities transaction fees, short-term redemption fees, and/or tax
ramifications. If assets in excess of $100,000 are deposited into or withdrawn from the Client’s account[s], the
Advisor’s fee will be adjusted prior to the next billing period to reflect the fee difference. The Advisor may negotiate
a fee that differs from the schedule above for certain account[s] or holdings. Certain legacy Clients may be subject
to fee schedules that differ from the above, not to exceed 2.00% annually.

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation from an
Independent Manager. The Advisor will only earn its wealth management fee as described above. Independent
Managers typically do not offer any fee discounts but may have a breakpoint schedule which will reduce the fee
with an increased level of assets placed under management with an Independent Manager. The Advisor will
allocate a portion of the advisory fee collected to the Independent Manager pursuant to the terms of the executed
agreement between the Advisor and the Independent Manager. If the Client is required to authorize and enter into
an investment advisory agreement with an Independent Manager then the terms of such fee arrangements are
included in the Independent Manager’s disclosure brochure and applicable contract[s] with the Independent
Manager. The total blended fee, including the Advisor’s fee and the Independent Manager’s fee, will not exceed
2.50% annually.

Financial Planning Services
Vance Wealth typically offers financial planning services as a component of wealth management services as
described above. Vance Wealth also offers its financial planning as a standalone service and can be provided in
addition to wealth management services, depending on the complexities and scope of the engagement. Financial
planning is either billed on an hourly or fixed fee basis. Hourly engagements are billed at a rate of up to $700 per
hour. Fixed annual engagements range up to $60,000 per year. Fixed one-time engagements range up to $25,000.
Fees may be negotiable based on the nature and complexity of the services to be provided and the overall
relationship with the Advisor. An estimate for total hours and/or total costs will be provided to the Client prior to
engaging for these services.

Business Consulting Services
Vance offers business consulting services for a fixed fee ranging $6,000 to $60,000, which may be negotiable
depending on the nature and complexity of each Client’s circumstances. For clients engaged in business consulting
services, wealth management fees are charged an annual asset based fee payable quarterly, in advance.

Retirement Plan Advisory Services
Retirement plan advisory fees are paid monthly or quarterly, at the end of each month or quarter, pursuant to the
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Item 7 – Types of Clients

Vance Wealth offers wealth management services to individuals, high net worth individuals, trust, estates,
businesses, retirement plans, charitable organizations, and other financial institutions. The amount of each type
of Client is available on Vance Wealth’s Form ADV Part 1A. These amounts may change over time and are
updated at least annually by the Advisor. Vance Wealth generally requires a minimum advisory fee of $6,000 to
effectively implement wealth management services. This minimum may be waived at Vance Wealth’s sole
discretion.