West Advisors Incorporated

Item 5: Fees and Compensation
Fee Only Adviser
We are a “fee‐only” investment adviser. Our only source of compensation for advisory services is
the fee we charge our clients. We do not accept commissions, sales loads, or other compensation
from any third party.

Fee Arrangements
We bill our clients for our services as described below:

    1. Discretionary and Non-Discretionary Investment Management – Our fee for our
       discretionary investment management service is an annual flat fee rate paid quarterly,
       negotiated with the client at the inception of the relationship and as revised by mutual
       agreement upon an annual review.
           a. Quarterly Billing – We bill for our investment management service in arrears at the
               end of each calendar quarter based on the annual flat fee rate negotiated and agreed
               upon in advance by the client. Periods less than one quarter are pro-rated on a
               daily basis. We do not require clients to prepay our fee. Clients are invoiced for
               fees. Our firm does not withdraw assets from Client accounts to pay fees.

    2. Fees Charged by Third Parties – Clients will pay fees to third parties in addition to paying
       our fee described above. These third-party fees may include some or all the following:
           a. The custodian selected by the client may charge a fee for its custodial services.
           b. The broker selected by the client will charge a commission for its brokerage
               services or will make a markup on the price of a security when the broker executes
               transactions in the client’s account. See Item 12 – Brokerage Practices.
           c. When the client holds mutual funds or exchange traded funds in their account, the
               mutual fund or exchange traded fund will charge a fee to all shareholders of the
               fund, including our client. The fees charged by the mutual fund or exchange traded
               fund will be described in the prospectus for the fund. The fees would generally be
               comprised of a management fee, an operations fee and possibly a distribution fee.
               We routinely use no‐load mutual funds. However, in extraordinary circumstances
               we may recommend a mutual fund which imposes a sales charge, and in that case
               our client may pay an initial or deferred sales charge – but we do not receive any
               part of that sales charge. We are a fiduciary to our clients, and therefore we make
               every reasonable attempt to minimize the cost of investing for our clients. We
               regularly review the fees charged by mutual funds and exchange traded funds and
               we consider the tradeoff between expected investment return and a fund’s fees
               when we make investment decisions for clients.

West Advisors, Inc. Form ADV Parts 2A & 2B                                             February 2026

    3. Ad-hoc Consulting/Services - We charge clients for consulting services not otherwise
       incorporated under the terms of Discretionary or Non-Discretionary Investment
       Management services (above) either on a flat fee basis negotiated in advance or based on
       the time we incur to provide that service at our standard hourly rate for the staff member
       providing the service, as agreed upon by us and client as appropriate.

As of December 31, 2025, our standard hourly rate for our professional ad-hoc services was $200
per hour. Our fee is due at the completion of the assignment to the client’s satisfaction. Our firm
does not withdraw assets from Client accounts to pay fees. In 2025, there were not ad-hoc services.

Item 7: Types of Clients

We provide our advisory services for individuals, high net worth individuals, married couples,
trusts, qualified retirement plans, and tax- exempt organizations.