Vision Financial Management LLC

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and Vision
Financial Management.

Fees for Vision Financial Asset Management Program

The annual investment advisory fee charged to clients will vary between 1.00% and 2.00% of the assets
held in the account and is negotiable depending on the market value of the account, asset types,
complexity of your portfolio and trading activity. The annual fee is divided and paid quarterly in advance
through a direct debit to your account. LPL is responsible for calculating and debiting all fees from your
accounts. You must provide LPL with written authorization to debit advisory fees from your accounts and
pay the fees to Vision Financial Management. Fees are based on the account's asset value as of the last

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business day of the prior calendar quarter. Fees for accounts opened at any time other than the
beginning of a quarter are prorated based on the number of days remaining in the initial quarter.

Prior to engaging Vision Financial Management to provide investment management services, you are
required to enter into a formal investment advisory agreement with us setting forth the terms and
conditions, including the amount of investment advisory fees, under which we manage your assets and
also separate custodial/clearing agreement with LPL.

Our Vision Financial Asset Management Program is a wrap fee account, meaning you do not pay
transaction charges associated with trade execution.

You will incur certain charges imposed by third parties other than Vision Financial Management in
connection with investments made through the account including, but not limited to, 12b-1 fees and
surrender charges, and IRA and qualified retirement plan fees. Our management fees (which include
transaction and execution fees charged by LPL for Vision Financial Asset Management Program
accounts) are separate and distinct from the fees and expenses charged by investment company
securities that are recommended to you. A description of these fees and expenses are available in each
investment company security’s prospectus. We do not retain any portion of such “other” fees and
expenses.

Our Vision Financial Asset Management Program may cost you more or less than if the assets were held
in a traditional brokerage account. In a brokerage account, you are charged commissions for each
transaction, and the representative has no duty to provide ongoing advice with respect to the account. If
you plan to follow a buy and hold investment strategy for the account or do not wish to purchase ongoing
investment advice or management services, you should consider opening a brokerage account rather
than a Vision Financial Asset Management Program account.

Either party may terminate the agreement for services at any time. If services are terminated within five
business days of executing the agreement, services are terminated without penalty and a full refund of all
fees paid in advance is provided. If services are terminated after the initial five day period, we provide
you with a prorated refund of fees paid in advance. The refund is based on the number of days service is
actually provided during the final billing period. Termination is effective from the time the other party
receives written notification or such other time as may be mutually agreed upon, subject to the settlement
of transactions in progress and the final refund of advisory fees. There is no penalty charge on
termination.

This section is intended to be a summary of the Vision Financial Asset Management Program. If you
contract for Vision Financial Asset Management Program services you are provided with a copy of the
Vision Financial Asset Management Program Form ADV Part 2A Appendix disclosure brochure.

Fees for Financial Planning Services

Vision Financial Management provides financial planning services under a fixed fee arrangement. A
mutually agreed upon fixed fee is charged for financial planning services under this arrangement. There
is a range in the amount of the fixed fee charged by Vision Financial Management for financial planning
services. The minimum fixed fee is generally $750, and the maximum fixed fee is generally no more than
$5,000. The amount of the fixed fee for your engagement is specified in your financial planning
agreement with Vision Financial Management. You are required to pay in advance 100% of the fixed fee

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at the time you execute an agreement with Vision Financial Management; however, at no time will Vision
Financial Management require payment of more than $500 in fees more than six months in advance.

Fees charged for our financial planning services are negotiable based upon the complexity of the client’s
overall situation and the topics covered in a plan.

Financial planning services terminate thirty (30) days following the delivery of the written financial plan or
either you or Vision Financial Management providing the other party with written notice.

If you terminate financial planning services before presentment of the financial plan or are unsatisfied with
our services, you will receive a full refund of the fixed fee. However, in such a situation, Vision Financial
Management retains intellectual property rights over any written financial plan prepared by Vision
Financial Management, and the written financial plan must be returned to Vision Financial Management.
...

Item 7 – Types of Clients

Vision Financial Management generally provides investment advice to the following types of clients:

       Individuals
       High net worth individuals
       Trusts, estates, or charitable organizations
       Corporations and other small business entities

You are required to execute a written agreement with Vision Financial Management specifying the
particular advisory services in order to establish a client arrangement with Vision Financial Management.

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Minimum Investment Amounts Required

There are no minimum investment amounts or conditions required for establishing an account managed
by Vision Financial Management. However, all clients are required to execute an agreement for services
in order to establish a client arrangement with Vision Financial Management and/or the third-party money
manager or the sponsor of third-party money manager platforms.

The minimum fixed fee generally charged for financial planning services on a fixed fee basis is $750.

Third-party money managers may have minimum account and minimum fee requirements in order to
participate in their programs. Each-third party money manager will disclose its minimum account size and
fees in its Form ADV Part 2A Disclosure Brochure.