Washington Avenue Advisors LLC

Item 5: Fees and Compensation

WAA is compensated for its financial planning services through a flat fee. This financial planning fee will vary
according to the needs of each client. The fee will increase based on the type of plan undertaken and the ultimate
complexity of the financial plan. For our investment advisory services we are compensated on a fee on assets under
management basis or through a flat annual fee. Each such method and its calculation is set forth in the advisory
agreement. Our fees generally are negotiable. An example of our standard investment advisory fee schedule is
presented below:

  Part 2A Firm Brochure                              Page 5 of 16                  Washington Avenue Advisors, LLC

             Assets Under
                                                                         Fee
           Management (AUM)
             $0 – $500,000                       1.00% – 1.50% (one to one and one-half percent)
          $500,001 – $1,000,000               0.85% – 0.98% (eighty-five to ninety-eight basis points)
         $1,000,001 – $2,000,000             0.75% – 0.98% (seventy-five to ninety-eight basis points)
         $2,000,001 – $3,000,000             0.75% – 0.87% (seventy-five to eighty-seven basis points)
         $3,000,001 – $4,000,000               0.65% – 0.76% (sixty-five to seventy-six basis points)
         $4,000,001 – $5,000,000               0.65% – 0.76% (sixty-five to seventy-six basis points)
              Over $5,000,000                    0.36% – 0.65% (thirty-six to sixty-five basis points)

For our financial planning clients, fees are billed as incurred. For our investment advisory clients, fees are deducted.
Fees may be billed or deducted on a quarterly or monthly basis as set forth in your financial planning or investment
advisory agreement.

 Other Fees

 Other fees our clients will pay in connection with our advisory services include the internal management expenses
 of mutual funds and ETFs, for which fees are disclosed in the fund’s prospectus. Also, clients will pay transaction
 costs for certain executed trades that are separate from WAA’s advisory fees and which will be fully disclosed to
 clients. Other fees may include brokerage commissions, custodial fees, and separately managed account fees. See
 Section 12, below, for more information about our brokerage practices.

 Timing of Payments

 All of WAA’s fees are paid in arrears instead of needing to be paid in advance.

 Compensation for Product Sales

 No supervised person of WAA accepts compensation for the sale of securities or other investment products.

Item 7: Types of Clients

 WAA’s clients include individuals, high net worth individuals, trusts, retirement plans, businesses, and non-profit
 associations.

   Part 2A Firm Brochure                              Page 6 of 16                  Washington Avenue Advisors, LLC