Vantage Wealth Management LLC

Item 5          Fees and Compensation
        For Financial Planning Services, either for a One-Time or Ongoing Financial Planning, a
fixed financial planning fee is determined in advance and agreed upon in the Financial Planning

Agreement. For One-Time Financial Plans, the fee range is between $0 to $30,000. For On-
Going Financial Planning, the fee ranges from $0 - $50,000 per year. For As-Needed Financial
Advice, Vantage usually charges a fee of $300-$800 per hour.

        Fees payable to Vantage for its Asset Management Services are based on a percentage
of assets under management. Vantage may charge up to 2.00% per year, but generally charges
according to the following fee schedule:

       Account Value                                        Annual Fee
                                                    (as percentage of total value)

       First $2.0 Million                                   1.00%
       Next $3.0 Million ($2,000,001 to $5.0 Million)       .80%
       Next $5.0 Million ($5,000,001 to $10.0 Million)      .60%
       Next $15.0 Million ($10,000,001 to $25.0 Million)    .40%
       Over $25.0 Million                                   .25%

Financial Planning Services
        For One-Time Financial Plans a fixed fee is charged ranging from $3,000-$10,000, but
Vantage may charge anywhere from $0 to $30,000 depending on the complexity of the
situation. Fees are determined based on the complexity of the client’s financial situation and
the services that will be provided as well as the advisor representative providing the services.
Vantage charges the financial planning fee upfront. The exact amount of the fee is determined
in advance and is disclosed in the Financial Planning Agreement. One-time financial planning
services are terminated upon presentation of the written financial plan or completion of the
consultation services. The client may terminate one-time services at any time with no penalty
by providing notice to Vantage. However, in the event services are terminated prior to the
completion of the financial plan, the client will be responsible for the amount of time expended
by Vantage prior to notice of termination.

        Vantage may also provide Ongoing Financial Planning services fees may range from $0
to $50,000 per year. On-going financial planning services may be used to monitor and update
an initial financial plan. These services are provided to clients that would benefit from on-going
reviews and updates to their financial situation. At least annually, Vantage will provide an in-
depth analysis of the client’s financial situation. On a more frequent basis (for example
quarterly), Vantage is available to answer client questions and provide as-needed consultations.
The annual fee for Vantage’s ongoing services will be determined at the time the initial

agreement is executed. Fees are divided and billed into equal monthly as agreed upon by
Vantage and the client. The annual fixed-fees are determined based on factors such as the
amount of the client’s assets, the complexity of the client’s financial situation, the advisor
representative working with the client, and the estimated amount of Vantage’s time that will
be needed throughout the year. The annual fee will automatically carry over from year to year
unless both parties agree, in writing, to a different fee. Fees are typically deducted directly
from a client’s investment or bank account. Clients must provide the custodian with written
authorization to have fees deducted from the account and paid to Vantage. The custodian will
send client statements, at least quarterly, showing all disbursements for the account including
the amount of the advisory fee, if deducted directly from the account. Either party may
terminate ongoing services at any time. If services are terminated within five (5) business days
of executing the agreement, services will be terminated without penalty and no fees shall be
due. If services are terminated after the initial five-day period, the final fee will be pro-rated
and charged to the client as calculated on the date of termination. In the event a client
terminates services, termination shall be effective from the time Vantage receives notification
or such other time as may be mutually agreed upon. There will be no penalty charge upon
termination. In the event Vantage terminates the relationship, the agreement will be
terminated on the fifth day after written notification is delivered to the client or such time as
may be mutually agreed upon and subject to the final payment of advisory fees.

       Finally, Vantage may occasionally offer As-Needed Financial Planning Services and
charge an hourly fee for limited advice/analysis instead of a flat fee. Under this type of
arrangement, Vantage charges a fee of $300-$800 per hour, but may range from $0 to $1000
per hour. Fees for this service are billed via invoice upon completion of the service. Either
party may terminate services by providing notice to the other party.

         While financial planning services are prepared with the intention of the client
implementing recommendations made within the plan through Vantage, clients are not
obligated to do so. If clients elect to have a representative of Vantage implement the advice
provided as part of the financial planning services, implementation will be made through
Vantage’s Asset Management services described. Any adjustment to the financial planning fee
is at the discretion of Vantage and will be disclosed to client prior to implementing transactions.

Asset Management Services
        While the fee schedule indicated above is typical for most Vantage clients, Vantage may
offer some clients a lesser or greater fee schedule or a flat percentage for all assets. The annual
fee calculated as a percentage of assets under management may range from 0.00% to 2.00%.
The annual fee for Vantage’s services is divided and billed quarterly in arrears based on the
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Item 7          Types of Clients
        Vantage provides services to, but not limited to, individuals, trusts, charities,
pension/profit sharing plans, corporations and/or small businesses, and broker/dealers.
Vantage’s primary focus is on helping clients reach retirement and/or financial independence.
Often a client’s situation may involve multiple entities. For example, a small business owner
may have his or her individual retirement as a primary goal, but establishing an employer-
sponsored retirement plan and planning for an eventual succession may best help the
individual client achieve his or her goals. Usually, advice provided by Vantage to an entity, such
as a trust, corporation or pension, is in conjunction with advice provided to individuals related
to the entity. Vantage imposes a minimum investment amount of $1,000,000 for its asset
management services. However, exceptions to this minimum may be granted at the discretion
of Vantage.