Western Wealth Management LLC

Item 5: Fees and Compensation

Comprehensive Portfolio Management:
The maximum annual fee charged for this service will not exceed 3.0% of assets under management.
The details and frequency of each client’s specific billing arrangement is determined by the custodial
platform of choice, and client preferences.
Alternatively, a flat fee, not to exceed 2.5% of assets under management or a negotiated flat rate may
be applied in certain circumstances. Our fees may be negotiable. The exact billing details will be
spelled out in the executed client agreement.
Fees will be automatically deducted from your managed account. Further it is important to note that
our firm assesses fees on all assets held in client accounts including cash and cash equivalents. As part
of this process, you understand and acknowledge the following:
a)     Your qualified custodian sends quarterly statements to you showing all disbursements for your
       account, including the amount of the advisory fees paid to us.
b)     Accounts custodied at LPL will be automatically adjusted for deposits and withdrawals during
       the billing period. LPL will calculate and deduct advisory fees for accounts custodied with them.

c)     Accounts custodied at Charles Schwab or Fidelity will utilize the fee arrangement specified
       on Schedule A of the Comprehensive Portfolio Management Agreement. Our firm will use
       Orion Advisor services to calculate fees that Charles Schwab & Co. and/or Fidelity
       Investments will deduct from accounts custodied with them;
d)     You provide authorization permitting your accounts to be debited by these terms and for us to
       be directly paid by these terms.

WWM also acts as a solicitor for referring potential clients to third party investment advisory firms.
As set forth in a written agreement, WWM will receive a portion of the annual management fee that
the third-party advisory firm collects. The third-party advisory firm is responsible for managing the
assets and the IAR of our firm is responsible for managing the ongoing relationship with the client and
ensuring suitability of investments. To the extent that WWM receives compensation for such referrals,
a conflict of interest exists because WWM will receive additional compensation if clients use the
services of the third-party firms.
In other instances, WWM will utilize the services of third-party money managers to aid in the
management of client assets. Fees charged for third party manager services shall be in addition to our
advisory fees. The third-party money managers we recommend will not directly charge you a higher
fee than they would have charged without us introducing you to them. Third-party money managers
establish and maintain their own separate billing processes over which we have no control. In general,
they will directly bill you and describe how this works in their separate written disclosure documents.
If you wish to terminate our services, you must contact us in writing and state that you wish to
terminate, we will then refund the unearned portion of our advisory fee to you. Upon receipt of your
letter of termination, we will proceed to close out your account and process a pro-rata refund of
unearned advisory fees. For fees collected in arrears, we will proceed to close out your account and
charge you a pro-rata advisory fee(s) for services rendered up to the point of termination.

Institutional Investment Management:

The Firm bases its fees on a percentage of assets under management and will not exceed 1%. WWM’s
fees are negotiable based upon the degree of service offered which will be memorialized in a service
agreement between WWM and the Institutional client. Investment management fees are billed quarterly,
in advance, based on the value in the account on the last day of the previous quarter, meaning that we
invoice the client before the three-month billing period has begun. If advisory fees are directly billed,
payment in full is expected upon receipt of the invoice. Fees are usually deducted from a designated client
account to facilitate payment. The client must consent in advance to direct the debiting of his/her
investment management account. In a limited number of instances (most often IRAs) the client may
choose to pay the fee from an outside account.

Financial Planning and/or Consulting:
We charge on an hourly, flat, or ongoing fee basis for financial planning and/or consulting services.
The total estimated fee, as well as the ultimate fee that we charge you, is based on the scope and
complexity of our engagement with you. Our hourly fees range from $100 to $1,000. Flat fees range
from $100 to $10,000. In certain circumstances we may provide our services free of charge. Ongoing
plans will automatically renew after one year of service, unless terminated in writing by the client.
We may require a retainer, calculated as a portion of the ultimate financial planning or consulting fee,
with the remainder of the fee directly billed to you and due to us within thirty (30) days of your
financial plan being delivered or consultation rendered to you. In all cases, we will not require a
retainer exceeding $1,200 when services cannot be rendered within 6 (six) months.

Portfolio Monitoring:
The maximum annual fee charged for this service will not exceed 0.3% of monitored assets.
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. Fees are negotiable. Clients will be directly billed for our
portfolio monitoring service according to the terms outlined in their executed agreement. Our bill is
due and payable within 30 days.

529 Account Management

The maximum fee for this service will not exceed 0.65% per annum. For billing purposes, our Firm
bills each account individually. Annualized fees are billed on a pro-rata basis quarterly in arrears
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Item 7: Types of Clients & Account Requirements

We have the following types of clients:
   • Individuals and High Net Worth Individuals
   • Charitable Organizations
   • Corporations, Limited Liability Companies, and/or Other Business Types
   • Other Investment Advisors
   • Pension and Profit-Sharing Plans

  Our requirements for opening and maintaining accounts or otherwise engaging us:

        •   Please see Item 4B(iii) for the minimum account balance requirements of LPL Sponsored
            Advisory Programs.

  Fidelity clients who opt into electronic delivery of statements and confirmations or maintain at least
  $1 million in assets at Fidelity will not be charged transaction fees for U.S. listed equities and exchange
  traded funds.