Werlemann Securities LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Asset Management:

The maximum annual fee charged for this service will not exceed 2.25%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the Client. Annualized fees are billed on a pro-
rata basis quarterly in advance based on the value of the account(s) on the last day of the previous
quarter. Our firm bills on cash and cash equivalents unless indicated otherwise in writing. Our firm
does not offer direct invoicing. Fees are negotiable and will be deducted from client account(s). As
part of this fee deduction process, Clients understand the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the assets and all account disbursements, including the
       amount of the advisory fees paid to our firm.
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian.
    c) If our firm sends a copy of our invoice to the client, the invoice will include a disclosure urging
       the comparison of information provided in our statement with those from the qualified
       custodian.

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian for certain
investments via individual transaction charges. These transaction fees are separate from our firm’s
advisory fees and will be disclosed by the chosen custodian. Charles Schwab & Co. Inc. (“Schwab”)
does not charge transaction fees for U.S. listed equities or exchange traded funds.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution
fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, mark-ups and
mark-downs, spreads paid to market makers, fees for trades executed away from custodian, wire
transfer fees and other fees and taxes on brokerage accounts and securities transactions. Our firm
does not receive a portion of these fees.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Asset Management
services by providing written or electronic notice to the other party at any time. Upon notice of
termination, our firm will process a pro-rata refund of any unearned portion of the advisory fees
charged in advance.

Commissionable Securities Sales

Our firm and representatives do not sell securities for a commission in advisory accounts.

ADV Part 2A – Firm Brochure                     Page 5                          Werlemann Wealth Management

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals
   • Trusts, Estates or Charitable Organizations

Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
us. However, our firm generally recommends a minimum household account balance of $1,000,000
for our Asset Management service.