Troy Wagner

Our advisory fees may be in the form of a percentage of assets in an account we advise or manage, a fixed rate fee or an hourly service fee.

• Percent of Assets Advised or Managed
  For accounts we manage on a discretionary basis or advise on a non-discretionary basis our fees are based on a percentage of assets managed or advised for the client. Fees are charged quarterly in advance of the calendar quarter to which the fee applies, based on the value of the portfolio as of the last business day of the preceding quarter. The standard annualized fee ranges from 0.40% to 1.00% of account assets. Fees may be negotiated and may vary from client to client depending upon a number of factors.

• Financial and Estate Planning Fees
  Fees for Financial, Estate and Business Succession Planning Services are based on a percentage of assets or a fixed amount, plus costs. They are typically billed monthly, at the time of an engagement to create a plan, at the time the plan is presented, or a combination of these methods. Fees may range from $500 for a basic financial plan involving a small amount of assets to over $10,000 for a plan involving a larger complex business.

• Consulting Fees
  Fees for consulting services are negotiated and are generally based on the scope, duration, and complexity of the consultation engagement. They may be in the form of a fixed rate or an hourly fee. There may be a limitation on hourly fees.

Additional Information. You may incur sub-advisor fees, early redemption fees, termination fees or CDSC charges, postage and handling charges, wire transfer fees, tax preparation fees, IRA or other retirement account fees. Investments in mutual funds, educational savings plans, and variable insurance products also involve product level expenses that reduce investment returns. 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. For additional information, please see the Firm’s Form ADV Part 2A or other disclosure documents you may receive at the time of a transaction.

When we provide you with a recommendation as your broker-dealer or 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. You should understand and ask us about these conflicts because they can affect the recommendations and investment advice we provide you. Here are some examples to help you understand what this means.

• If we receive a brokerage compensation for a transaction, you should be aware that we have an incentive to recommend it, which creates a potential conflict of interest. It is the policy of CLA Wealth Advisors to disclose to its clients the nature and amount of any such compensation.

• If we charge an asset-based fee, the more assets that are included in your account that we manage, the more fees you will pay. Therefore, we have incentive to encourage you to increase the assets in your account, which is a conflict of interest.

• We may receive compensation from or share revenue with third parties when we recommend that you invest in a certain private investment, which is a conflict of interest. When we make such a February, 2022 4 recommendation involving compensation from a third party, we will disclose it to you before you make your investment decision.

Additional Information. For additional information on conflicts of interest and how the Firm addresses them, please see Section 10 of the Firm’s Form ADV Part 2A Firm Brochure – Industry Activities and Affiliations.

All investment adviser representatives and agents are compensated on a salary-only basis and a bonus may be awarded to all employees by the parent company’s Board of Directors from time to time. Investment advisors’ long-term compensation is based upon factors such as the amount of client assets they service; the time and complexity required to meet a client’s needs; product sales commissions; and revenue the Firm earns from the financial professional’s advisory services or recommendations. An investment advisory or broker dealer representative’s promotions within the Firm and salary level may be influenced in part by the amount of revenue for the Firm the representative helps create.

• Commissions
  For brokerage transactions of securities or fixed insurance products the Firm will receive a commission from the product distributor. This is a conflict of interest for the Firm and the registered representative. It is possible that in a transaction the Firm and its representative’s best interests may not match with the client’s best interests. While the Firm strives to always act in the client’s best interests there can be no assurance that it will do so in every case.
  For brokerage transactions, the Firm will earn commissions. For transactions conducted through ValMark, a portion of the commissions are retained by ValMark, with the remainder paid to CLA Wealth Advisors. For transactions conducted solely through CLA Wealth Advisors, all commissions are paid to and retained by CLA Wealth Advisors. No part of commissions are paid directly to employees of CLA Wealth Advisors, but they may impact the future salary of these professionals.

• Fees for Real Estate Capital Markets Activities
  Fees for Capital Markets Placement agent services or activities are negotiated with the fund or project Sponsor. These fees will vary based on a number of factors. The Firm offers no guarantee in raising these funds and will use commercially reasonable efforts.

• Fees for Investment Banking and Sell-Side Representation
  Fees for Investment Banking services or activities are negotiated with the client selling their business. These fees will vary based on a number of factors and variables present in the sale.

Additional Information. You may incur sub-advisor fees, early redemption fees, termination fees or CDSC charges, postage and handling charges, wire transfer fees, tax preparation fees, IRA or other retirement account fees. Investments in mutual funds, educational savings plans, and variable insurance products also involve product level expenses that reduce investment returns. 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. For additional information, please see the Firm’s Form ADV Part 2A or other disclosure documents you may receive at the time of a transaction.

When we provide you with a recommendation as your broker-dealer or 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. You should understand and ask us about these conflicts because they can affect the recommendations and investment advice we provide you. Here are some examples to help you understand what this means.

• If we receive a brokerage compensation for a transaction, you should be aware that we have an incentive to recommend it, which creates a potential conflict of interest. It is the policy of CLA Wealth Advisors to disclose to its clients the nature and amount of any such compensation.

• If we charge an asset-based fee, the more assets that are included in your account that we manage, the more fees you will pay. Therefore, we have incentive to encourage you to increase the assets in your account, which is a conflict of interest.

• We may receive compensation from or share revenue with third parties when we recommend that you invest in a certain private investment, which is a conflict of interest. When we make such a February, 2022 4 recommendation involving compensation from a third party, we will disclose it to you before you make your investment decision.

Additional Information. For additional information on conflicts of interest and how the Firm addresses them, please see Section 10 of the Firm’s Form ADV Part 2A Firm Brochure – Industry Activities and Affiliations.

All investment adviser representatives and agents are compensated on a salary-only basis and a bonus may be awarded to all employees by the parent company’s Board of Directors from time to time. Investment advisors’ long-term compensation is based upon factors such as the amount of client assets they service; the time and complexity required to meet a client’s needs; product sales commissions; and revenue the Firm earns from the financial professional’s advisory services or recommendations. An investment advisory or broker dealer representative’s promotions within the Firm and salary level may be influenced in part by the amount of revenue for the Firm the representative helps create.