Ruston G Matherne

Our fees vary and are negotiable. The amount you pay will depend, for example, on the services you receive and the amount of assets in your account. Our wrap fee program allows clients to pay a single fee for investment advisory services and associated custodial transaction costs. The maximum annual fee charged to your account(s) will not exceed 2.50% and will be billed quarterly or monthly in advance. The fee associated with our wrap program will include most transaction costs and fees charged by the custodian holding your account, and therefore are higher than a typical asset-based advisory fee. Because our firm absorbs client transaction fees in a wrap account, an incentive exists to limit trading activities in client accounts and to select securities that cost less than other types of securities available for selection. These incentives create conflicts of interests.

For non-wrap services, custodial transaction costs, however, are not included in the advisory fee charged by our firm and are paid by the client to the client’s chosen custodian. Depending on the client’s account or portfolio trading activity, clients may pay more for using our wrap fee services than they would for using our non-wrap services.

The more assets you have in your advisory account, including cash, the more you will pay us. We therefore have an incentive to increase the assets in your account in order to increase our fees. You pay our quarterly or monthly fee even if you do not buy or sell in your account. In addition to our advisory fees, clients might also pay holdings charges imposed by the chosen custodian for certain investments, charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be disclosed in the fund’s prospectus. 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.

Financial Planning and Consulting services may charge a flat fee or ongoing (subscription based) fee. Flat fee arrangements are assessed and payable within 30 days of the completion of service.

Fees for ongoing services will be billed monthly, quarterly, or semi-annually. In all cases, we will not require a fee exceeding $1,200 when services cannot be rendered within 6 months.

If you choose to open a separately managed account, you will also pay the 3rd party manager an asset based fee which is separate and in addition to our fee.

For additional information, please see NewEdge Advisors, LLC Form ADV, Part 2A brochure (Item 5 or Item 4 of Part 2A Appendix 1).

Firm override on advisory business: The Firm receives a percentage of advisory fees paid to financial advisors for management of client accounts. Additionally, the Firm has negotiated pricing at qualified custodians and makes money on the difference between what is charged by the firm to the FA and what the Firm pays the custodian.

Third Party Payments: We receive compensation from unaffiliated third parties when you borrow money using securities as collateral (both to invest in other securities or for non-investment purposes).

Payments to Affiliates: Our affiliate’s Bank Deposit Sweep Program (BDSP) is the only sweep investment available for brokerage accounts custodied at National Financial Services. We indirectly receive a financial benefit from participating banks when free cash balances are swept into BDSP. We have a conflict of interest in only offering BDSP because our affiliate earns more money on uninvested cash swept into BDSP than other sweep options.

For additional information, please see NewEdge Advisors, LLC Form ADV, Part 2A brochure (Items 10 and 14 or Items 4,6, and 9 of Part 2A Appendix 1) and our Bank Deposit Program Disclosure Document, both of which can be found on our website at www.newedgeadvisors.com.

Our financial advisors are compensated through advisory fees, financial planning/consulting fees, commissionable transactions as representatives of a broker dealer and for some, through commissions earned as insurance agents/brokers.