Wealth Management Solutions LLC

ITEM 5: FEES AND COMPENSATION

HOW WMS IS COMPENSATED FOR ADVISORY SERVICES

Investment Management Services Fees

WMS advisory fees will be debited directly from each client’s account. Fees range from 0.00% to 1.2%.
WMS Investment Advisory Agreement authorizes the custodian to debit the account for the amount of
WMS investment advisory fee. Investment advisory fees are negotiable in the sole discretion of WMS.

Some clients are grandfathered under a tiered fee structure as specified in their investment management
agreements.

Hourly Rates

For hourly planning services WMS charges an hourly rate typically between $120.00 and $500.00 per hour,
depending upon the complexity of the work and the experience level of the WMS employee working with
the client.

401(k) Plans

Certain WMS clients are 401(k) Plan clients, in which case, services for company retirement plans are
provided based upon the asset-based fee.

Other Fee Arrangements

For some clients financial planning fees and/or investment management fees may be structured as a flat
annual fee invoiced on a quarterly basis.

HOW FEES ARE COLLECTED

The value of accounts are totaled on the last business day of each quarter. The appropriate fee is taken
and ¼ of that fee is multiplied by the end-of-quarter account values. This fee is debited and the client pays
in advance for services rendered for that calendar quarter in which the fee is debited.

For some clients, rather than debiting fees an invoice is sent each quarter for financial planning fees
and/or investment advisory fees. Financial planning assignments are collected fifty (50%) percent at the
onset of the engagement, followed by the balance upon completion.

For 401(k) Plan clients, as agreed to by WMS and the client/401k plan the client will either (i) pay in arrears
for services rendered for the previous calendar month or quarter in which the fee is debited or (ii) pay in
advance for services to be rendered for the subsequent calendar month or quarter for which the fee will
be debited. The 401(k) company will determine and debit the Plan account daily for WMS’ fee but WMS
shall only be paid on either a quarterly or monthly basis in arrears or advance as applicable to the specific
agreed-upon relationship. WMS does not require or solicit clients to pay fees in advance.

In some circumstances, 401(k) Plan clients will pay fees directly and separately from plan assets.

ANY ADDITIONAL FEES

All fees paid to WMS for investment advisory services are separate and distinct from any mutual fund fees
(internal fees and expense ratios) or transaction fees charged by the broker/dealer or custodian to
purchase or sell any investment. For example, a broker/dealer or custodian may impose a specific
transaction fee to buy or sell stocks, ETFs, mutual funds, options, etc. WMS does not receive fees or
compensation from a broker/dealer or custodian, nor does WMS participate in the fees they collect from
the client in any way. Additional information on brokerage services can be found in Item 12 of this
brochure.

Accordingly, the client should review transaction fees, the fees charged by the funds and the fees charged
by WMS to fully understand the total amount of fees to be paid by the client and to thereby evaluate the
value of the advisory services being provided. In full disclosure efforts, WMS is happy to assist the client
by providing a detailed fee analysis of existing and proposed investment strategies.

REFUNDS/TERMINATION

Clients may terminate the agreement by providing written notice (email is acceptable) at any time. Once
written notice is received, WMS will assist clients with any documentation or information needed for the
transition through the end of the calendar quarter in which the written notice is received. WMS also has
the ability to terminate the advisory contract, provided 30 days prior written notice is delivered to the
client. If a written termination notice is delivered to the client, WMS will continue services and assist
clients with any documentation or information needed for the transition through the end of the calendar
quarter in which the written notice is delivered. Refunds for any unearned portion of the advisors closing

quarter’s services may be requested in writing. WMS will refund any unearned fee back to all clients if
services are terminated mid quarter

COMMISSIONS

No WMS personnel accept compensation for the sale of securities or other investment related products,
nor do they participate in the receipt of any asset-based sales charge or service fees from the sale of
mutual funds.

ITEM 7: TYPES OF CLIENTS

WMS works primarily with individuals and families and on a limited basis with corporate accounts,
charitable foundations, 401(k) plans, profit sharing plans and/or defined benefit plans, generally when
these accounts or plans are connected with an individual who is a WMS client. WMS does not require a
minimum account size, but comprehensive planning are generally most appropriate for those with
investable assets of $1 million or more. WMS provides services only after an advisory agreement has been
signed by both the client and WMS.