Wealthway Financial Advisors

Item 5: Fees and Compensation

   A. Fee Schedule

Investment Supervisory Services Fees

         Assets Under Management           Annual Fee %               Quarterly
                                                                      Fee
         First $500,000                    1.50%                      0.375%
         Next $500,000                     1.25%                      0.3125%
         Above $1 million                  1.00%                      0.25%

The fee schedule may be adjusted higher or lower depending upon the complexity of the
engagement, the number of accounts, the level of aggregation of family members and the number
of services provided. Individual fee schedules may be compressed for assets under management
exceeding $2 million.

There is a minimum quarterly fee of $1,250.

   B. Payment of Fees

Payment of Investment Supervisory Fees

The fees are billed quarterly in advance and are based upon the market value of the portfolio on
the last day of the quarter. Advisory fees are withdrawn directly from the clients’ accounts with
written client authorization. In the event the contract is terminated, any unearned fee is refunded
to the client.

Occasionally, Wealthway will allow a client to be billed directly for investment supervisory
services. Fees are calculated similarly and a bill is mailed to the client. The client has 30 days to
return payment by check. In the event the contract is terminated, any unearned fee is refunded to
the client.

   C. Clients are Responsible 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 Wealthway. See Item 12 of this brochure for more information regarding
Advisor’s custodian.

   D. Prepayment of Fees

Wealthway collects its fee in advance of the quarter due. In the event the contract is terminated,
any unearned fee will be refunded to the client. The refund is calculated by dividing the last
quarterly fee by the number of days in the quarter multiplied by the number of remaining days in

the quarter from the date of termination. A refund check is mailed to the client within 30 days of
the termination date.

   E. Outside Compensation for Sale of Securities to Clients

Neither Wealthway 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

Wealthway generally provides advice to individuals, families, trusts, estates, and charitable
organizations. Wealthway may also provide advice to corporations, pension, and profit-sharing
plans. Wealthway does not offer advice to investment companies.

Minimum Account Size

In general, the minimum account relationship is $500,000. A client’s accounts will be
aggregated for purposes of reaching the minimum and determining any fee breaks. Wealthway
reserves the right to make exceptions to the account minimum. Regardless of account size, a
minimum quarterly fee of $1,250 applies.