Wealth Planning Asset Management Limited Liability Company

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based Fees for Portfolio Management

        Total Assets Under Management         Annual Fee

        $250,000 - $10,000,000                2.50%

        $10,000,001 - $25,000,000             2.00%

        $25,000,001 and above                 1.50%

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of
the Investment Advisory Contract. Clients may terminate the agreement without penalty
for a full refund of WPAM's fees within five business days of signing the Investment
Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
immediately upon written notice.

WPAM uses the value of the account as of the last business day of the prior billing period,
after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based.

Selection of Other Advisers Fees

WPAM will receive its standard fee on top of the fee paid to the third party adviser. This
relationship will be memorialized in each contract between WPAM and each third-party
adviser. The fees will not exceed any limit imposed by any regulatory agency.

These fees are negotiable.

WPAM may engage in the selection of third-party money managers, but does not have
any such arrangements in place at this time. This service may be canceled immediately
upon written notice.

       B. Payment of Fees

       Payment of Asset-Based Portfolio Management Fees

       Asset-based portfolio management fees are withdrawn directly from the client's accounts
       with client's written authorization on a quarterly basis. Fees are paid in advance.

       Payment of Selection of Other Advisers Fees

       The timing, frequency, and method of paying fees for selection of third-party managers
       will depend on the specific third-party adviser selected.

       C. Client Responsibility For Third Party Fees

       Clients are responsible for the payment of all third party fees (i.e. custodian fees,
       brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
       distinct from the fees and expenses charged by WPAM. Please see Item 12 of this brochure
       regarding broker-dealer/custodian.

       D. Prepayment of Fees

       WPAM collects certain fees in advance and certain fees in arrears, as indicated above.
       Refunds for fees paid in advance will be returned within fourteen days to the client via
       check, or return deposit back into the client’s account.

       For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
       the fees collected in advance minus the daily rate* times the number of days elapsed in
       the billing period up to and including the day of termination. (*The daily rate is calculated
       by dividing the annual asset-based fee rate by 365.)

       Fixed fees that are collected in advance will be refunded based on the prorated amount of
       work completed at the point of termination.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither WPAM nor its supervised persons accept any compensation for the sale of
       securities or other investment products, including asset-based sales charges or service fees
       from the sale of mutual funds.

Item 7: Types of Clients

WPAM generally provides advisory services to the following types of clients:

          ❖   Individuals
          ❖   High-Net-Worth Individuals
          ❖   Pension and Profit Sharing Plans
          ❖   Corporations or Other Businesses
          ❖   Charitable Organizations

Minimum Account Size for Portfolio Management

There is no account minimum.