Waypoint Wealth Management LLC

Item 5 – Fees and Compensation

WWM has contracted with Advisor Solutions, for services including trade processing,
collection of management fees, record maintenance, report preparation, marketing
assistance, and research. WWM has also contracted with Advisor Solutions for sub-
advisory services to monitor, rebalance and process trades for certain clients of WWM.
WWM pays a fee for Advisor Solutions services based on management fees paid to WWM
on accounts which use Advisor Solutions. The fee paid by WWM to Advisor Solutions
consists of a portion of the fee paid by clients to WWM and varies based on the total client
assets participating in Advisor Solutions through WWM. These fees are not separately
charged to advisory clients.

The specific manner in which fees are charged by WWM is established in a client’s written
agreement with WWM. Generally, Investment Management clients will be billed in advance
at the beginning of each calendar quarter based upon the value (market value based on
independent third-party sources or fair market value in the absence of market value; client
account balances on which WWM calculates fees may vary from account custodial
statements based on independent valuations and other accounting variances, including
mechanisms for including accrued interest in account statements) of the client’s account at
the end of the previous quarter. New accounts are charged a prorated fee for the remainder

of the quarter in which the account is incepted (date of first trade or date assets transferred
in).

A client agreement may be canceled at any time, by either party, for any reason upon
receipt of 30 days written notice. Upon termination of any account at any time after the
required 30-day notice, any prepaid, unearned fees will be promptly refunded. The client
has the right to terminate an agreement without penalty within five business days after
entering into the agreement.

WWM will request authority from the client to receive quarterly payments directly from
the client's account held by an independent custodian. Clients may provide written limited
authorization to WWM or its designated service provider, Advisor Solutions, to withdraw
fees from the account. WWM will send to the client a statement showing the amount of the
fee, the value of the client's assets on which the fee was based, and the specific manner in
which the fee was calculated. Clients should verify the accuracy of the fee calculations in
such statements. Client custodians will send at least quarterly statements directly to the
client. Custodial statements will only show the amount of the advisory fee.

WWM’s fees are exclusive of brokerage commissions, transaction fees, and other related
costs and expenses which shall be incurred by the client. Clients may incur certain charges
imposed by custodians, brokers, third-party investment and other third parties such as fees
charged by managers, custodial fees, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions. Mutual funds and exchange traded funds also charge internal management
fees, which are disclosed in a fund’s prospectus. Mutual funds and exchange traded funds
(ETFs) also charge internal management fees, which are disclosed in a fund’s prospectus.
These fees will generally include a management fee and other fund expenses. All fees paid
to WWM for investment advisory services are separate and distinct from the fees and
expenses charged by mutual funds and ETFs to their shareholders. The services provided
by WWM are designed, among other things, to assist the client in determining which
mutual fund, ETF or funds are most appropriate to each client's financial condition and
objectives. Accordingly, the client should review both the fees charged by the funds and the
fees charged by WWM to fully understand the total amount of fees to be paid by the client
and to thereby evaluate the advisory services being provided.

Such charges, fees and commissions are exclusive of and in addition to WWM’s fee, and
WWM shall not receive any portion of these commissions, fees, and costs.

Advisory Fees

Investment Management Services:

The annual fee for investment management services will be charged as a percentage of
total assets under management, and will not exceed the schedule below:

     Total assets under management                            Annual Fee (%)
           On the first $500,000*                                 1.25%
           On the next $500,000                                   1.00%
          On the next $1,000,000                                  0.90%
          On the next $1,000,000                                  0.80%
          On the next $2,000,000                                  0.70%
         On all amounts thereafter                                0.60%

*Annual minimum fee for new clients is $10,000 and will be billed $2,500 quarterly.
Fees and account minimums may be negotiable based on family relations or individual
circumstances including account size, potential future account growth, business
relationships and the level and scope of the services requested. Individual accounts for
immediate family members (such as husband, wife and dependent children) may be
aggregated, and the fee may be charged based on the total value of all family members’
accounts.

Certain pre-existing Investment Management Services clients may be on a different fee
schedule.

Financial Planning Services:

Financial planning engagements are typically provided to clients who do not have assets
under management with WWM.

WWM’s Financial Planning fees are determined based on the nature of the services being
provided and the complexity of each client’s circumstances. All fees are agreed upon prior
to entering into a contract with any client.

Financial planning fees will be charged as a fixed fee, typically ranging from $1,800 to
...

Item 7 – Types of Clients

WWM provides services to individuals, high net worth individuals, trusts, qualified
retirement plans and businesses.

WWM generally imposes a minimum annual fee of $10,000 per new client. For individual
fixed income securities, a minimum of $500,000 is generally required for investment
management services for those fixed income securities. All accounts for members of the
client's family (husband, wife and dependent children) or related businesses may be
assessed fees based on the total balance of all accounts.