James R. Caldwell

The fee you pay to your FP is generally negotiated directly with them and may include services that are subject to different minimums/maximums. For investment advisory services, we typically charge an ongoing quarterly fee (sometimes referred to as an asset-based fee). Your FP may recommend that you use a sub-advisor, and your FP will receive a percentage of assets managed by a sub-advisor. These fees are a percentage of the value of your account. You pay this fee even if you don’t buy or sell investments. The more assets you have in an asset-based fee account, the more you will pay us in fees. This creates an incentive to encourage you to increase the size of your account, including by transferring or rolling over assets from other accounts. We may also charge an hourly fee or fixed fee for additional services such as financial planning and consulting services. For wrap fee program accounts, you will pay us a single asset-based fee for advisory services. This fee also covers most transaction costs associated with your investments. If you expect to trade infrequently, or to pursue a “buy and hold” strategy, a wrap fee program may cost you more than paying for the program’s services separately, and you may want to consider a non-wrap fee program account or a brokerage relationship rather than an advisory relationship. Depending on your account type, underlying products, sub-advisor and custodian, there may be other fees assessed by your sub-advisor, custodian, or product sponsor. Please review your custodian’s disclosure documents for a description of the fees and costs. Your FP may also earn additional transaction- based compensation for broker age services offered through LPL, insurance or other outside services provided. Your FP may recommend the use of our affiliated sub-advisor, Stratos Investment Management, LLC. SWP benefits from the additional sub-advisory fee paid to its affiliate.

You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Detailed information on our advisory fees can be found in our Form ADV at https://adviserinfo.sec.gov/firm/brochure/153184.

When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests (“COIs”). You should understand and ask us about these conflicts because they can affect the investment advice, we provide you. Here is an example to help you understand what this means.

Transition Assistance Benefits (TABs): TABs are payments or other benefits provided by custodians in exchange for an FP’s recommendation that a client utilize their services. This creates an incentive for FPs to favor the custodian providing the TAB. TABs and other conflicts of interest are disclosed in our ADV Part 2B, which will be provided prior to or concurrent with the offering of investment advice.

Our FPs make money by charging you an advisory fee based on your account value or by charging you flat or hourly fees related to financial planning services. They may also make money through separate affiliation(s) with LPL or insurance carriers. Please see the “What fees will I pay?” section, along with our Form ADV (https://adviserinfo.sec.gov/firm/brochure/153184,) for additional fee and company information.