Wolf Financial 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. How we are paid depends on the type of advisory services we are performing.
Please review the fee and compensation information below.

Investment Advisory Services

WFA’s advisory fee for discretionary investment management services is based on a percentage of
the assets in said client accounts, and these fees may range up to but not exceed 0.3% of assets
under management.

Unless negotiated otherwise, WFA charges clients a quarterly fee based on the value of the account(s) on
the last day of the calendar quarter, See the fee schedule below.

          Assets Under Management                              Annual Advisory Fee
                 First $1,000,000                                     0.30%
                 Next $6,000,000                                      0.20%
                Above $7,000,000                                    Negotiated

WFA advisory fee is billed in arrears (after end of quarter) and is payable quarterly. New
additions of securities will be prorated for the quarter in the fee calculation. The fee calculation
is “blended”, meaning that at the end of each quarter, the total value of the client account will
be charged a fee based on the tiers in which the values fall for a “blended” fee. Certain assets
in a client account may be excluded from the fee calculation as agreed to by the client.

Clients’ fees will be withdrawn directly from their account(s) and paid to WFA. Advisory fees
may be negotiated, depending on the individual client(s) needs and circumstances.

As part of WFA's investment advisory services to client, WFA may and in most cases does
invest in mutual funds and exchange traded funds (ETFs). The fees that a client pays to WFA
are for investment advisory services and are separate and distinct from the fees and
expenses charged by mutual funds or ETFs (described in each fund's prospectus to their
shareholders). These fees will generally include a management fee and other fund expenses.

Hourly Financial Planning
Financial planning may be offered on an hourly basis at a rate of $150 per hour. The fee may
be negotiable in certain cases and is due at the completion of the engagement. In the event
of early termination by the client, any fees for the hours already worked will be due.

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 7: Types of Clients

We provide financial planning and investment advisory services to individuals and high net-
worth individuals. We are also available to serve as an adviser to certain retirement plans. We
do not have minimum account size requirements.