Wealth Management Consultants Inc

Item 5: Fees and Compensation
   Compensation for Advisory Services
    WMC has different fee structures for the various services we offer our clients.

    Management and Business Consulting to Family Owned Businesses
    WMC charges hourly or on a project basis determined by projected required hours
    for these services and generally sends a bill to the client on a quarterly basis, in
    arrears, for this service. The rate ranges from $200 to $495 per hour depending
    upon the staff individuals assigned to the consulting engagement. No investment
    advisory services are provided under this fee arrangement.

    Solely Investment Management Services
    Fees are 1.0% of assets, generally with a minimum fee of $19,200, depending upon
    the types of investments managed and whether additional financial planning
    services are included. While we have no minimum net worth requirements or
    minimum portfolio size requirements, the minimum fee is likely to preclude very
    small accounts from using WMC.

    Financial Planning Services
    WMC charges an annual retainer for this service. This annual retainer is $19,200
    per year, billed quarterly, in arrears. The annual retainer covers a “base” amount of
    consultant hours per year, based upon rates ranging from $200 to $495 per hour. At
    the end of the year, to the extent that the client has used excess hours over the

    “base” amount, these excess hours are billed to the client at that time. This is
    established in the investment advisory contract before the client begins with us.

   Client Billing
    WMC traditionally does not withdraw or instruct a custodian to pay our fees from a
    client account. We prefer the client pay our fees directly. However, upon client
    request and authorization only, WMC will instruct a custodian to deduct our fees
    from the client’s account. This is done quarterly as a convenience to the client, and
    the client is then sent a copy of the bill detailing the fees paid from their account. All
    other clients are billed on a quarterly basis.

   Other Client Fees or Expenses
    In addition to the fees charged by WMC for its investment advisory services, certain
    investments recommended, including mutual funds, unit investment trusts or private
    investments, may incur additional management or transaction fees. The fees will
    vary depending upon the type of investment recommended, and these fees are
    described in each fund’s prospectus. Clients are responsible for the fees and
    expenses charged by custodians and brokers. WMC receives no portion of the
    additional fees paid. Please refer to the “Brokerage Practices” section (Item 12) for
    additional information.

   Billing and Client Termination of Services
    Clients are billed in arrears for WMC’s services. If a client decides to terminate their
    relationship with WMC, the client is billed pro-rata through the termination date.

   Compensation for Sale of Investment Products
    No employees or supervised persons of WMC accept compensation for the sale of
    securities or other investment products.

Item 7: Types of Clients
    WMC provides investment advisory services to the following types of clients:

       High net worth individuals
       Trusts
       Charitable organizations

    WMC also provides non-investment advisory services to family owned or closely
    held businesses.

    WMC has no minimum net worth or investment asset requirements, but our fee
    structure is likely to preclude very small accounts from working with us.