Welch Financial Planning LLC

ITEM 5 FEES AND COMPENSATION
Individually Managed Accounts
Clients receive investment management services through WFP. Fees will be calculated as a percentage of
assets under management (AUM) based on the average daily balance of account(s) and deducted from Client
account(s) in arrears on a monthly basis. Unless otherwise agreed upon and stated in the Investment
Management Agreement, fees are assessed on all assets under management, including securities, cash,
margin and money market balances. Each of these are considered categories within the asset allocation for
the client’s investment strategy.

Our fee schedule is:

                                  Total Assets Under
                                                                   Annual Fees
                                    Management
                                 Assets Up to $250,000                1.50%

                               From $250,001 - $500,000               1.25%

                              From $500,001-$1,000,000                1.00%

                             From $1,000,001-$3,000,000               0.75%

                                    Over $3,000,000                 0.75% (flat)

Our fee schedule is blended. This means an account valued at $500,000 will pay 1.50% on the first $250,000
and then 1.25% on the remaining $250,000. The fee is negotiable based on the size and number of the
account(s) managed.

The fee is calculated and collected monthly in arrears, meaning the Firm collects the management fee at the
end of each calendar month. The fee calculation is based on the custodian’s reported average daily account
balance for the month. This amount is multiplied by the fee percentage and divided by 12. Cash balances and

7 | Welch Financial Planning, LLC | 2A Brochure | June 2026

investments in money market funds, demand deposit accounts, or certificates of deposit held in the account
are included in the fee calculations.

Unless instructed by the client, we will aggregate asset amounts in accounts from the same household
together to determine the advisory fee for all accounts. We would do this, for example, where we also service
accounts on behalf of minor children, individual and joint accounts for a spouse, and/or other types of related
accounts. This consolidation practice is designed to allow the client to benefit from an increased asset total,
which could potentially cause the account(s) to be assessed a lower advisory fee. Either WFP or you may
terminate the management agreement immediately upon written notice to the other party. The
management fee will be pro-rated to the date of termination for the month in which the cancellation notice
was given and then refunded.

The Client will be asked to authorize us with the ability to instruct the custodian to withdraw our
management fee directly from your account. The Client may terminate this authorization at any time.

Participation Account Management (Discretionary) – Pontera Fees
We charge an annual advisory fee for services provided to these held away accounts, which is deducted on a
quarterly basis. Fees are based on the value of the assets within these held away accounts. All advisory fee
calculations for the held away discretionary account services are facilitated through a third-party
nonaffiliated service, Pontera. Client may opt to pay the Pontera fee directly or can elect to pay this fee from
their qualified account(s) at Schwab.

Financial Planning Fees
For clients engaged in our investment management services, our financial planning services are included in
the advisory fees described above.
For clients only engaging our Firm for financial planning services only, financial planning is offered under a
separate agreement and separate fee. Fees may vary based on the extent and complexity of your individual
or family circumstances and the amount of your assets under our management. Our fee will be agreed in
advance of services being performed and negotiated with you. The fee will be determined based on factors
including the complexity of your financial situation, agreed upon deliverables, and whether you intend to
implement any recommendations through WFP. Financial Planning fees may be fixed, hourly, quarterly or
annually. The fixed fees range from $2,500 to $20,000. Hourly fees range from $350 to $500/hour. For on-
going, financial planning services, the fee is defined in the financial planning agreement. The specific fee for
your financial plan will be discussed with you and specified in your planning agreement with WFP. Financial
planning fees may be paid via personal check or through AdvicePay, a third party, unaffiliated ACH and credit
card service as described below.
Typically, we complete a plan within a month and will present it to you within 90 days of the contract date,
if you have provided us all information needed to prepare the financial plan. Fifty percent (50%) of the
financial planning fees are due upon execution of the financial planning agreement. The remainder is due at
the time the financial plan and/or the coaching services are delivered to you.
You may choose to terminate the financial planning agreement by providing us with written notice. Upon
termination, fees will be prorated to the date of termination and any earned portion of the fee will be billed
to you based on the hours that our firm has spent on creating your financial plan prior to termination. The
hourly rate used for this purpose is $350/hour. The hourly rate would be stated in your executed Financial
Planning Agreement.
We will not require prepayment of more than $1,200 in fees per client, six (6) or more months in advance of
providing any services. In no case are our fees based on, or related to, the performance of your funds or
investments.

8 | Welch Financial Planning, LLC | 2A Brochure | June 2026

Estate Planning Services
Estate planning document creation services through wealth.com are offered for a separate fee. Clients who
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ITEM 7 TYPES OF CLIENTS
The Firm provides investment advice to many different types of Clients. These Clients generally include
individuals, trusts, estates, charitable organizations, corporations, and other types of business entities.

Minimum Account Size
The Firm has a minimum account size requirement of $1,000,000. In certain circumstances account size
requirement may be waived at the discretion of WFP.