Varra Wealth Management LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management          Annual Fees
        $1 - $1,000,000                        1.00%

        $1,000,001 - $3,000,000                0.80%

        $3,000,001 - $5,000,000                0.70%

        $5,000,001 - $10,000,000               0.60%

        $10,000,001 - AND UP                   0.50%

VWML uses an average of the daily balance in the client's account throughout the billing
period, after taking into account deposits and withdrawals, for purposes of determining
the market value of the assets upon which the advisory fee is based.

The final fee schedule will be memorialized in the client’s advisory agreement. Clients
may terminate the agreement without penalty for a full refund of VWML's fees within
five business days of signing the Investment Advisory Contract. Thereafter, clients may
terminate the Investment Advisory Contract generally with 7 days' written notice.

Pension Consulting Services Fees

Asset-Based Fees for Pension Consulting

        Total Assets Under Management          Annual Fee
        $0 - $2,000,000                        0.50%

        $2,000,001 - AND UP                    0.40%

VWML uses an average of the daily balance in the client's account throughout the billing
period, after taking into account deposits and withdrawals, for purposes of determining
the market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement.

Clients may terminate the agreement without penalty for a full refund of VWML's fees
within five business days of signing the Investment Advisory Contract. Thereafter, clients
may terminate the pension consulting agreement generally with 30 days' written notice.
VWML uses an average of the daily balance in the client’s account throughout the billing
period, after taking into account deposits and withdrawals, for purposes of determining
the market value of the assets upon which the advisory fee is based.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $2,500 and $25,000.

Clients may terminate the agreement without penalty, for full refund of VWML’s fees,
within five business days of signing the Financial Planning Agreement. Thereafter, clients
may terminate the Financial Planning Agreement generally upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

For clients who utilize LPL Financial as their custodian, asset-based portfolio
management fees are withdrawn directly from the client's accounts with client's written
authorization on a quarterly basis. Fees are paid in advance.

For clients who utilize SEI Private Trust Co as their custodian, asset-based portfolio
management fees are withdrawn directly from the client's accounts with client's written
authorization monthly basis. Fees are paid in arrears.

Payment of Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts
with client's written authorization on a monthly basis. Fees are paid in arrears.

Payment of Financial Planning Fees

Financial planning fees are paid via check and wire.

Fixed financial planning fees are paid 50% in advance, but never more than six months in
advance, with the remainder due upon presentation of the plan.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by VWML. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

VWML collects certain fees in advance and certain fees in arrears, as indicated above.
Refunds for fees paid in advance but not yet earned will be refunded on a prorated basis
and returned within fourteen days to the client via check, or return deposit back into the
client’s account.

Fixed fees that are collected in advance will be refunded based on the prorated amount of
work completed at the point of termination.

       E. Outside Compensation For the Sale of Securities to Clients

       James Stanley Johnson, Gina Marie Varra and Cameron Franklin Dunford are registered
       representatives of a broker-dealer. James Stanley Johnson, Gina Marie Varra and Cameron
       Franklin Dunford are also insurance agents. In these roles, they accept compensation for
       the sale of investment products to VWML clients.

       1. This is a Conflict of Interest

          Supervised persons may accept compensation for the sale of investment products,
          including asset based sales charges or service fees from the sale of mutual funds to
          VWML's clients. This presents a conflict of interest and gives the supervised person
          an incentive to recommend products based on the compensation received rather than
          on the client’s needs. When recommending the sale of investment products for which
          the supervised persons receives compensation, VWML will document the conflict of
          interest in the client file and inform the client of the conflict of interest.

       2. Clients Have the Option to Purchase Recommended Products From
       Other Brokers

          Clients always have the option to purchase VWML recommended products through
          other brokers or agents that are not affiliated with VWML.

       3. Commissions are not VWML's primary source of compensation for
       advisory services

          Commissions are not VWML’s primary source of compensation for advisory services.

       4. Advisory Fees in Addition to Commissions or Markups

          Advisory fees that are charged to clients are not reduced to offset the commissions or
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Item 7: Types of Clients

VWML generally provides advisory services to the following types of clients:

      ❖      Individuals
      ❖      High-Net-Worth Individuals
      ❖      Charitable Organizations
      ❖      Corporations or Business Entities

There is no account minimum for any of VWML’s services.