WMS Advisors LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the investment
advisory contract, the investment advisory contract may be terminated by the client within five (5) business days of signing
the contract without incurring any advisory fees and without penalty. How we are paid depends on the type of advisory
service we are performing. Please review the fee and compensation information below.

                                                                                  Level 1
                                                                                                 Level 2
                                                                                                                Level 3
                                                            Portfolio Value:      $5M+         $1M - $5M         < $1M
 Relationship Management - Primary Advisory Team
     Dedicated Team of Client Advisor(s) and Client Service Associates                x              x              x
 Portfolio and Investment Management:
      Portfolio Design / Maintenance                                                  x              x              x
      Annual Review of Investment Policy Statement and Risk Profile                   x              x              x
 Reporting and Communications:
      Quarterly Performance Reports                                                   x             x               x
      Household Aggregate of Outside Investment Accounts - Annually                   x             x
                                                                                                  Semi-
      Meeting Frequency                                                          Quarterly       Annually       Annually
 Financial Planning:
      Goal Planning and Projections                                                   x              x              x
      Insurance Analysis - Disability, Life, and Long-Term Care                       x              x
      Income and Cash Flow Planning                                                   x              x
      Other Planning Services (see below) i                                           x
 Tax and Estate Planning:
      Tax Loss Harvesting                                                             x              x              x
      Tax Planning Assistance                                                         x              x
      Estate Planning Assistance                                                      x              x
      Other Wealth Planning Services (as requested and agreed upon)i                  x              x
 Relationship Coordination/Partnerships
      Tax and Accounting                                                              x              x
     Insurance Specialist                                                             x              x
     Estate Attorneys                                                                 x              x
     Other Professionals (as requested and agreed upon)                               x              x

Portfolio Monitoring and Management
The type of revenue is broken down below:
    • Fee based accounts, with portfolio management services offered by a third-party asset manager
    • Managed accounts wherein WMS acts as portfolio manager
    • Commission based

We offer three distinct levels of service known as our Service Offerings. Services provided are based on total assets under
management per client household. The three Service Offerings levels are defined below:

WMS generates revenue by several compensation methods. These options include:
    1.   Percentage of assets under management – Discretionary and Non-Discretionary
    2.   Hourly charges for financial planning engagements
    3.   Commissions – primarily for alternative investments, payable to Associated Persons

Percentage of assets under management: Discretionary

For clients on our Service Offerings platform, fees are deducted directly from the clients’ brokerage accounts. Fees are billed
quarterly in advance based on the value of the clients’ account balances as of the final day of the previous calendar quarter.
Fees cover all services listed in the Service Offerings model appropriate for each client. Billing typically occurs by the 15th
of the month following the end of the calendar quarter. Our fee schedule is detailed below and only on rare occasions is
this fee schedule negotiable.

                                                  Portfolio Value                     WMS Fee
                            $                  0        $               499,999        1.25%
                            $            500,000        $               999,999         1.0%
                            $          1,000,000        $             1,999,999        0.90%
                            $          2,000,000        $             4,999,999        0.80%
                            $          5,000,000        $             9,999,999        0.70%
                            $       10,000,000 +                                     Negotiable

Services can be terminated at any time by either party. If a client wishes to terminate their advisory relationship or WMS
deems it necessary to terminate an advisory relationship, fees will be adjusted pro-rata and refunded within 30 days of
termination.

Percentage of assets under management: Non-Discretionary

Fees are billed quarterly in advance based on the value of the clients’ account balances as of the final day of the previous
calendar quarter. Fees cover all services listed in the Service Offerings model appropriate for each client. Billing typically
occurs by the 15th of the month following the end of the calendar quarter. Our fee schedule is detailed below and only on
rare occasions is this fee schedule negotiable.
...

Item 7: Types of Clients
WMS offers investment advice to the following types of clients:
    •   Individuals and families
    •   Pension and profit-sharing plans
    •   Trusts, estates, or charitable organizations
    •   Corporations or business entities other than those listed above

The firm maintains a minimum investment level by household, depending on the service level, of $250,000 for all clients
except for 529 plan clients where the investment minimum is $15,000. These minimums may be waived in certain
circumstances.