Wave Wealth Management 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
Investment Management Services
Investment management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of
the investment management agreement. Investment management fees are based on the market value of assets
under management at the end of the prior quarter and in accordance with the following schedule:

                           Assets Under Management ($)                  Annual Rate (%)
                           Up to $2,000,000                                 1.00%
                           $2,000,001 to $5,000,000                         0.80%
                           $5,000,001 to $10,000,000                        0.60%
                           $10,000,001 and Above                            0.40%

In certain cases, the Client’s investment management fees are based on a grandfathered tier schedule, outlined
in the Client’s agreement. The investment management fee in the first quarter of service is prorated from the
inception date of the account[s] to the end of the first quarter. Fees may be negotiable at the sole discretion of the
Advisor. The Client’s fees will take into consideration the aggregate assets under management with the Advisor.
All securities held in accounts managed by Wave Wealth will be independently valued by the Custodian. Wave
Wealth will conduct periodic reviews of the Custodian’s valuations.

The Advisor’s fee is exclusive of, and in addition to, brokerage fees, transaction fees, and other related costs and
expenses which may be incurred by the Client. However, the Advisor shall not receive any portion of these
commissions, fees, and costs.

Financial Planning Services
Wave Wealth offers ongoing, standalone financial planning services for an annual fee ranging up to $10,000 a
year. Financial planning fees are determined based on the nature and complexity of the services to be provided
and the overall relationship with the Advisor. Fees are negotiable at the Advisor’s sole discretion.

                                            Wave Wealth Management, LLC
                                     7000 Parkwood Blvd. Suite G300 Frisco, TX 75034
                                       Phone: (972) 954-4100 I Fax: (972) 954-4106
                                                  www.wavewealth.com

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged an annual asset-based fee of up to 1.00%, billed in
advance of each calendar quarter, pursuant to the terms of the retirement plan advisory agreement. Retirement
plan advisory fees are based on the market value of assets under management at the end of the prior quarter.
Fees may be negotiable depending on the size and complexity of the Plan, and certain existing Clients may have
fee schedules that differ from the schedule below. Retirement plan advisory fees are generally based on the
following schedule:

                           Assets Under Management ($)                   Annual Rate (%)
                           Up to $2,000,000                                  1.00%
                           $2,000,001 to $5,000,000                          0.80%
                           $5,000,001 to $10,000,000                         0.60%
                           $10,000,001 and Above                             0.40%

In certain cases, the Client’s fees for retirement plan advisory services are based on a grandfathered tier schedule,
outlined in the Client’s agreement.

Use of Independent Managers
As noted in Item 4, the Advisor will 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 investment advisory fee as described above. Independent
Managers typically do not offer any fee discounts but may have a breakpoint schedule that will reduce the fee with
an increased level of assets placed under management with an Independent Manager. 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% annually.

Third-Party Access Platforms
For assets managed through a third-party platform, the Client is not charged any additional platform fees. The
Advisor bears the cost of the platform in order to service these Client assets. Advisory fees apply to assets
accessed and managed through the platform as part of the Client’s assets under management, as disclosed
above.

B. Fee Billing
Investment Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s]
at the Custodian. The Advisor or its delegate shall send an invoice to the Custodian indicating the amount of the
fees to be deducted from the Client’s account[s] at the beginning of each quarter. The amount due is calculated
by applying the quarterly rate (annual rate/days in a year, multiplied by the days in the quarter) to the total assets
under management with Wave Wealth at the end of the prior quarter. Clients will be provided with a statement, at
least quarterly, from the Custodian reflecting the deduction of the investment advisory fee. In addition, the Advisor
will provide the Client with a report itemizing the fee, including the calculation period covered by the fee, the
account value, and the methodology used to calculate the fee. It is the responsibility of the Client to verify the
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Item 7 – Types of Clients

Wave Wealth offers investment advisory services to individuals, high-net-worth individuals, trusts, estates,
charitable organizations, and retirement plans. The amount of each type of Client is available on the Advisor’s
Form ADV Part 1A. These amounts may change over time and are updated at least annually by the Advisor. Wave
Wealth generally does not impose a minimum size for establishing a relationship.