Western Reserve Capital Management LLC

Item 5: Fees and Compensation
Please note, unless a Client has received this brochure at least 48 hours prior to signing an Advisory
Contract, the Advisory Contract may be terminated by the Client within five (5) business days of signing the
Advisory Contract without penalty.

How we are paid depends on the type of advisory services we perform. Below is a brief description of our
fees, however, you should review your executed Advisory Contract for more detailed information regarding
the exact fees you will be paying. No increase to the agreed-upon advisory fees outlined in the Advisory
Contract shall occur without prior Client consent.

Investment Management Services

The fee is based on a percentage of assets under management and is negotiable. The annualized fees for
investment management services are based on the following fee schedule:

                     Assets Under Management                    Annual Advisory Fee
                            $0 - $500,000                               1.50%
                        $500,001 - $2,000,000                           1.00%
                       $2,000,000 - $5,000,000                          0.80%
                       $5,000,001 - $12,000,000                         0.50%
                         Above $12,000,000                              0.40%

The annual advisory fee is paid quarterly in advance based on the value of Client’s account(s) as of the last
day of the billing period. The advisory fee is a blended tier. For example, for assets under management of
$2,500,000, a Client would pay $1.50% for the first $500,000, 1.00% on the next $1,500,000 and 0.80% on the
remaining balance. The quarterly fee is determined by the following calculation: (($500,000 x 1.50%) +
($1,500,000 x 1.00%) + ($500,000 x 0.80%)) ÷ 4.

In determining the advisory fee, we may allow accounts of members of the same household to be
aggregated. WRCM relies on the valuation as provided by Client’s custodian in determining assets under
management. Our advisory fee is prorated for any partial billing periods occurring during the engagement,
including the initial and terminating billing periods. Clients may make additions or withdrawals from their
account at any time; however, WRCM reserves the right to adjust our advisory fees on a pro-rata basis on
account of any such cash-flow transactions.

For legacy Clients who have previously worked with representatives of the firm, fees may be higher than the
fees outlined above; all fees will be disclosed and agreed upon in the Advisory Contract.

Asset under management fees will be charged quarterly for fee-based annuities managed by WRCM under
the same advisory fee schedule. These fees are negotiable.

Ongoing Financial Planning

We charge a $5,000 annual fee for Ongoing Financial Planning. Fees are paid quarterly in advance and may
be negotiable.

Ongoing Financial Planning services are included without an additional fee for Clients with more than
$500,000 in managed assets.

Project-Based Financial Planning

WRCM charges either a fixed or hourly fee for Project-Based Financial Planning. Fixed fee rates range
between $2,500 - $4,000. Our hourly rate is $250.

The fee range is dependent upon variables including the specific needs of the Client, complexity, estimated
time, research, and resources required to provide services to you, among other factors we deem relevant.
Fees are negotiable and the final agreed upon fee will be outlined in your Advisory Contract. WRCM may
request a portion of the fee be collected in advance with the remainder due upon completion of the
services. WRCM will not bill an amount above $1,200 more than 6 months or more in advance of rendering
the services.

Fee Payment

For Investment Management services, we deduct our advisory fee from one or more account(s) held at an
unaffiliated third-party custodian, as directed by the Client. Please refer to Item 15 of this Brochure
regarding our policy on direct fee deduction. Clients may also pay by electronic funds transfer (EFT) or check.
We use an independent third party payment processor in which the Client can securely input their payment
information to pay their fee. We do not have access to the Client’s banking or credit information at any time.
The Client will be provided with their own secure portal in order to make payments.

For Financial Planning services, fees are paid by electronic funds transfer (EFT) or check. We use an
independent third party payment processor in which the Client can securely input their banking information
and pay their fee. We do not have access to the Client’s banking information at any time. The Client will be
provided with their own secure portal in order to make payments.

Other Types of Fees and Expenses

Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses
which may be incurred by the Client. Clients may incur certain charges imposed by custodians, brokers, and
other third parties such as custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire
transfer, and electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions. Mutual fund and exchange-traded funds also charge internal management fees, which are
disclosed in a fund's prospectus. Such charges, fees, and commissions are exclusive of and in addition to
our fee, and we shall not receive any portion of these commissions, fees, and costs.

Item 12 further describes the factors that we consider in selecting or recommending custodians for Client’s
transactions and determining the reasonableness of their compensation (e.g., commissions).

Clients may incur fees from third-party professionals such as accountants and attorneys that WRCM may
recommend, upon Client request. Such fees are separate and distinct from WRCM’s advisory fees.

Terminations and Refunds
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Item 7: Types of Clients
We provide financial planning and investment management services to individuals and high net-worth
individuals, charitable organizations, and corporations or other businesses.

We do not have a minimum account size requirement.