WURZ Financial Services LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management             Annual Fees
        $0 - $200,000                             1.50%

        $200,001 - $1,000,000                     1.30%

        $1,000,001 - $3,000,000                   1.10%

        $3,000,001 – $5,000,000                   0.90%

        $5,000,001 and Up                         0.80

         The minimum annual fee for portfolio management services is $6,250.

This fee schedule is a blended rate. Each layer of assets is billed at its respective rate. This
will no longer be a waterfall structure. For example on a $1M account, the first $200k is
billed at 1.5% and the next $800k would be charged at 1.3%.

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period. Other advisors may charge a lower fee for similar
services.

The fee will vary each billing period depending on fluctuations of the account’s market
value.

The fee schedule is a single schedule. Please see below for example.

       Fee formula description: For purposes of calculating the client’s portfolio
       management fees described above, an example is offered below for a sample
       $500,000 account:

       •   1.50% X $500,000= $7,500

       The quarterly fee would equal $7,500/4 which would result in a total quarterly
       fee of $1,875 on the sample $500,000 account.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of WFS's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 30 days' written notice.

Business Planning Fees

The fixed rate for business planning is $15,000 annually. This fee may increase over time.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating a one-time financial plan is between $0 and $50,000.

The negotiated fixed rate for a subscription to ongoing financial planning is between $100
and $4000 per month.

Clients may terminate the agreement without penalty, for full refund of WFS’s fees,
within five business days of signing the Financial Planning Agreement. Thereafter,
clients may terminate the Financial Planning Agreement generally upon written notice.
Fees are determined by the complexity of the engagement and time involved in
developing and implementing the plan.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis, or may be invoiced and billed
directly to the client on a quarterly basis. Clients may select the method in which they are
billed. Fees are paid in advance.

Payment of Business Planning Fees

The client has the option to pay the fees directly from their account with client written
authorization.

The client may also be invoiced. Invoice may be made payable via cash, check, Advice
Pay, or wire.

Clients will receive a 10% discount if they pay in advance for the full 12 months.

Payment of Financial Planning Fees

Financial planning fees are paid via check or AdvicePay.

Fixed financial planning fees are paid 100% in advance, but never more than six months
in advance.

Ongoing financial planning fees are paid monthly in advance.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by WFS. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

WFS collects fees in advance. Refunds for fees paid in advance but not yet earned will be
refunded on a prorated basis and returned within fourteen days to the client via check, or
return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
the fees collected in advance minus the daily rate* times the number of days elapsed in

       the billing period up to and including the day of termination. (*The daily rate is calculated
       by dividing the annual asset-based fee rate by 365.)

       Fixed fees that are collected in advance will be refunded based on the prorated amount of
       work completed at the point of termination.

       For hourly fees that are collected in advance, the fee refunded will be the balance of the
       fees collected in advance minus the hourly rate times the number of hours of work that
       has been completed up to and including the day of termination.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither WFS nor its supervised persons accept any compensation for the sale of securities
       or other investment products, including asset-based sales charges or service fees from the
       sale of mutual funds.

Item 7: Types of Clients

WFS generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations or Business Entities

There is no account minimum for any of WFS’s services.