Wealth Management Advisors LLC

Item 5 - Fees and Compensation
Advisor Managed Account Fees

Investment Management accounts are custodied at Charles Schwab. The fee assessed to the
Client account(s) will be detailed in our firm’s Investment Advisory Agreement ("Advisory
Agreement"). Our annual portfolio management fee is billed and payable quarterly in advance as
agreed by you in your investment advisory agreement. In instances when your account is
opened in the middle of a quarter, the advisory fee may be payable in arrears. The fee is based
on the value of your account on the last trading day of the previous quarter. If the Advisory
Agreement is executed at any time other than the first day of a calendar quarter, our fees will
apply on a pro rata basis, which means that the advisory fee is payable in proportion to the
number of days in the quarter for which you are a client. Fees are based on the assets in the
account per the schedule below and in some instances, may be negotiated. Clients participating
in the Wrap Program individually negotiate fee arrangements with us and will generally pay an
annual rate of no more than 2.5% of assets under management.

Thereafter, the fee will be calculated by multiplying the fair market value of the assets in the
account as of the last trading day of each calendar quarter by the annual fee and then dividing
that result by 4, which represents each quarter. The account value is calculated as the market
value of all long and short securities positions in the account and will not be reduced by any
margin or other indebtedness of the Client with respect to such securities or other investments.
Fees will not be adjusted or pro-rated for additions to or withdrawals from the account during
the calendar quarter, other than a complete withdrawal in connection with the termination of
the Account Agreement.

Fees are automatically deducted from the account pursuant to the advisory agreement and are

not billed separately to Clients. Clients must maintain or deposit sufficient funds in the account
to cover payment of all fees authorized by the contract. If there are no funds to cover the fees,
then WMA can liquidate assets to cover fees. The amount of the fee will be shown on the
statement received by the Custodian. WMA urges Clients to carefully review such statements.

Either you or WMA may terminate your Investment Management Agreement at any time, subject
to any written notice requirements in the agreement. Upon termination of an account, any
prepaid, asset-based fees will be prorated according to the days the account was opened during
the calendar month and excess fees will be re-bated to the Client. All custodial termination and
transfer fees assessed by the Custodians, if any, will be the responsibility of the Client.

In addition to the advisory fee, accounts will be assessed transaction fees. Transaction fees
charged may be higher or lower than transaction charges or commissions charged by other
broker-dealers. The custodian receives a portion of the transaction fees paid by Clients. Although
transaction charges may be identified as commissions on trade confirmations, the Investment
Adviser Representative does not receive any portion of these charges.

Financial Planning Fees

When we provide stand-alone financial planning services to you, these fees are estimated at the
time of the engagement for such services and are based on the hourly rate of $500. If you
terminate your agreement and your financial plan is not complete, we will prorate the hourly
fee based on how many hours have been worked on the plan by an Advisor.

WMA Wrap Program Fees

Alternatively, we may recommend that you participate in the WMA Wrap Program. The
Program fee structure includes the brokerage expenses (e.g., commissions, ticket charges, etc.)
of the account as well as the management fee paid to us. Under this inclusive billing
alternative, we will assess one client fee that captures the management, brokerage, and
administrative portions collectively.

Clients participating in the Wrap Program individually negotiate fee arrangements with us, and
will generally pay an annual rate of no more than 2.5% of assets under management.
Brokerage expenses of the account(s) managed by us are included in the negotiated fee. The
minimum portfolio value is generally set at $250,000, which may be negotiable. There is no
minimum annual fee for any account. We may, at our discretion, make exceptions to the
foregoing or negotiate special fee arrangements where we deem appropriate under the
circumstances.

Separate Account Manager Fees

In instances where the services of a Separate Account Manager are utilized, the Separate
Account Manager fees will be charged in addition to our fee and may be debited on a fee
schedule that is different from our billing schedule. Fees will be detailed in the Management
Agreements signed by you.

General Consulting Fee

If you choose to engage our services for general consulting, the consulting is included for
clients that retain us for portfolio management services for a specified number of hours
agreed upon in the advisory agreement. If you terminate your agreement before the end of a
quarter, any consulting fees due will be deducted from any applicable management fee rebate
amount.

Other Compensation

As noted in Item 4, certain of our employees are also Registered Representatives of Arkadios.
As such, they are entitled to receive commissions or other remuneration on the sale of insurance
as well as other products. To protect your interests, our policy is to disclose all forms of
compensation before any such transaction is executed. You will not pay both a commission to
these individuals and also contemporaneously pay an advisory fee to us on assets held in the
same account. These fees are exclusive of each other.

Item 7 - Types of Clients

We serve individuals, pension and profit-sharing plans, corporations, trusts, estates, state or
municipal government entities and charitable organizations. With some exceptions, the
minimum portfolio value eligible for conventional investment advisory services is $250,000, and
there is no minimum annual fee charged. Under certain circumstances and in our sole discretion,
we may negotiate such minimums.