Zenith Advisory Group LLC

Item 5: Fees and Compensation

A. Fee Schedule

Fixed Portfolio Management Fees

Based on the suite of services provided, the negotiated fixed rate for portfolio management
will vary between $500- $25,000 per year. The fees will not exceed any limit imposed by
any regulatory agency.

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 Zenith's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 5 days' written notice.

Sub-advisors/TAMPs Fees

Zenith may direct clients to Sub-advisors/TAMPs. Zenith will be compensated via a fee
share from the advisers to which it directs those clients. The fees shared are negotiable
and will not exceed any limit imposed by any regulatory agency. The notice of termination
requirement and payment of fees for third-party investment advisers will depend on the
specific Sub-advisors/TAMPs selected.

Retirement Plan Advisory Services

Zenith will be compensated via a fee share with Advisors Excel Wealth Management.
Advisors Excel Wealth Management will receive 15bps regardless of the size of plan assets
and Zenith will receive anything over 15bps.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $500 - $2,500.

Clients may terminate the agreement without penalty, for full refund of Zenith’s fees,
within five business days of signing the Financial Planning Agreement. Thereafter, clients
may terminate the Financial Planning Agreement generally upon written notice.

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Asset-based portfolio management fees are withdrawn directly from the client's accounts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. Fees are paid in advance.

Sub-advisors/TAMPs Fees

The timing, frequency, and method of paying fees for selection of Sub-advisors/TAMPs
will depend on the specific Sub-advisors/TAMPs selected and will be disclosed to the
client prior to entering into a relationship with the third-party advisor.
Payment of Retirement Plan Advisory Services Fees

The timing, frequency, and method of paying fees for retirement plan advisory services
will be disclosed to the client prior to entering in a relationship with Advisors Excel
Wealth Management.

Payment of Financial Planning Fees

Financial planning fees are paid via check.

Fixed financial planning fees are paid 50% in advance, but never more than six months in
advance, with the remainder due upon presentation of the plan.

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 Zenith. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

Zenith 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.

       E. Outside Compensation for the Sale of Securities to Clients

       Certain individuals of Zenith in their outside business activities (see Item 10 below) are
       licensed to accept compensation for the sale of investment products to Zenith clients. This
       presents a conflict of interest and gives the supervised person an incentive to recommend
       products based on the compensation received rather than on the client’s needs. When
       recommending the sale of securities or investment products for which the supervised
       persons receive compensation, Zenith will document the conflict of interest in the client
       file and inform the client of the conflict of interest. Clients always have the right to decide
       whether to purchase Zenith-recommended products and, if purchasing, have the right to
       purchase those products through other brokers or agents that are not affiliated with
       Zenith.

       Commissions are not Zenith’s primary source of compensation for advisory services.
       Advisory fees that are charged to clients are not reduced to offset the commissions or
       markups on securities or investment products recommended to clients.

Item 7: Types of Clients

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

   ❖       Individuals
   ❖       High-Net-Worth Individuals

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