3 financial planning process, all questions, information, and analysis will be considered as they affect and are affected by the entire financial and life situation of the client. Clients purchasing this service will receive a written or an electronic report, providing the client with a detailed financial plan designed to achieve his or her stated financial goals and objectives. In general, the financial plan will address any or all of the following areas of concern. The client and advisor will work together to select the specific areas to cover. These areas may include, but are not limited to, the following:
• Business Planning: We provide consulting services for clients who currently operate their own business, are considering starting a business, or are planning for an exit from their current business. Under this type of engagement, we work with you to assess your current situation, identify your objectives, and develop a plan aimed at achieving your goals.
• Cash Flow and Debt Management: We will conduct a review of your income and expenses to determine your current surplus or deficit along with advice on prioritizing how any surplus should be used or how to reduce expenses if they exceed your income. Advice may also be provided on which debts to pay off first based on factors such as the interest rate of the debt and any income tax ramifications. We may also recommend what we believe to be an appropriate cash reserve that should be considered for emergencies and other financial goals, along with a review of accounts (such as money market funds) for such reserves, plus strategies to save desired amounts.
• College Savings: Includes projecting the amount that will be needed to achieve college or other post-secondary education funding goals, along with advice on ways for you to save the desired amount. Recommendations as to savings strategies are included, and, if needed, we will review your financial picture as it relates to eligibility for financial aid or the best way to contribute to grandchildren (if appropriate).
• Employee Benefits Optimization: We will provide review and analysis as to whether you, as an employee, are taking the maximum advantage possible of your employee benefits. If you are a business owner, we will consider and/or recommend the various benefit programs that can be structured to meet both business and personal retirement goals.
• Estate Planning: This usually includes an analysis of your exposure to estate taxes and your current estate plan, which may include whether you have a will, powers of attorney, trusts, and other related documents. Our advice also typically includes ways for you to minimize or avoid future estate taxes by implementing appropriate estate planning strategies such as the use of applicable trusts. We always recommend that you consult with a qualified attorney when you initiate, update, or complete estate planning activities. We may provide you with contact information for attorneys who specialize in estate planning when you wish to hire an attorney for such purposes. From time-to-time, we will participate in meetings or phone calls between you and your attorney with your approval or request.
• Financial Goals: We will help clients identify financial goals and develop a plan to reach them. We will identify what you plan to accomplish, what resources you will need to make it happen, how much time you will need to reach the goal, and how much you should budget for your goal.
• Insurance: Review of existing policies to ensure proper coverage for life, health, disability, long-term care, liability, home, and automobile.
• Investment Analysis: This may involve developing an asset allocation strategy to meet clients’ financial goals and risk tolerance, providing information on investment vehicles and strategies, reviewing employee stock options, as well as assisting you in establishing your own investment account at a selected broker/dealer or custodian. The strategies and types of investments we may recommend are further discussed in Item 8 of this brochure.
• Retirement Planning: Our retirement planning services typically include projections of your likelihood of achieving your financial goals, typically focusing on financial independence as the primary objective. For situations where projections show less than the desired results, we may make recommendations, including those that may impact the original projections by adjusting certain variables (e.g., working longer, saving more, spending less, taking more risk with investments). If you are near retirement or already retired, advice may be given on appropriate distribution strategies to minimize the likelihood of running out of money or having to adversely alter spending during your retirement years.
• Risk Management: A risk management review includes an analysis of your exposure to major risks that could have a significant adverse impact on your financial picture, such as premature death, disability, property and casualty losses, or the need for long-term care planning. Advice may be provided on ways to minimize such risks and about weighing the costs of purchasing insurance versus the benefits of doing so and, likewise, the potential cost of not purchasing insurance (“self-insuring”).
• Tax Planning Strategies: Advice may include ways to minimize current and future income taxes as a part of your overall financial planning picture. For example, we may make recommendations on which type of account(s) or specific investments should be owned based in part on their “tax efficiency,” with consideration that there is always a possibility of future changes to federal, state or local tax laws and rates that may impact your situation. We recommend that you consult with a qualified tax professional before initiating any tax planning strategy, and we may provide you with contact information for accountants or attorneys who specialize in this area if you wish to hire someone for such purposes. We will participate in meetings or phone calls between you and your tax professional with your approval. Comprehensive Wealth Management Comprehensive wealth management includes:
• Goal Planning Evaluation of Money History Evaluation of upcoming life and financial transitions Written goal plan & timeline Ongoing progress updates towards planning goals
• Tax Personal Tax Preparation Roth vs Traditional Calculations Sole Prop vs S-Corp vs C-Corp Calculations Tax monitoring and minimization Roth Conversion Analysis Business Tax Planning End of Year Tax Planning & Projection Lifetime Tax Projection & Scenario Analysis Withholding analysis
• Cash Flow Creation and Monitoring of Spending Plan Categorization and Tracking of Spending; Personal Bookkeeping Credit Review and Funding Emergency Fund Analysis
• Debt Management Ongoing Student Loan Optimization Mortgage Refinancing Analysis Buy vs Lease Car
• Investment Risk Tolerance Assessment & Monitoring Daily Rebalancing Fund Selection & Due Diligence Fee-Only & Fiduciary Creation of Investment Policy Statement Rollover & Investment Consolidation Investment Behavior Management Tax Efficient and ESG Portfolios Liquidity Savings & Distribution Plan Cost Basis Determination & Tracking Investment Education Tax Loss Harvesting Investment Reporting Backdoor Roth IRA Processing Concentrated Position Planning Real Estate Investment Planning Capital Gains Harvesting Business Planning Cash Flow & Compensation Analysis Large Asset Purchase Analysis Retirement Plan Design Corporate Structure Review Succession Planning QBI Deduction
• Risk Management Property & Casualty Insurance Review Life Insurance Review Disability Insurance Review Health Insurance Review Long Term Care Funding
• Special Planning Circumstances Special Needs Planning Education Planning Student Loan Planning New Job or Career Change Equity Compensation
• Employee Benefits Health Insurance Plan Selection HSA Planning FSA Review
• Legacy Planning Charitable Giving Optimization

& Planning Estate and Inheritance Tax Minimization Account Titling & Beneficiary Review Review of Wills, Trusts, and Powers of Attorney Retirement Planning Social Security Optimization Medicare Planning Penson Funding Analysis Monte Carlo & Linear Projections
• Personal Financial Management Coordination with Outside Professionals Organization of All Financial Accounts & Data Management of Digital Document Vault Comprehensive Financial Education Written Financial Plan & Ongoing Updates/Revisions Written Financial Action Plan & Accountability What-If Financial Planning Scenario Analysis Ongoing, Proactive Responsibility for Finances
• Life Events Buying A Home Relocation Terminal Illness Diagnosis or Death Care for Loved Ones Windfall Birth of A Child Wedding Planning Divorce/Separation Pension Consulting Services WealthFD offers consulting services to pension or other employee benefit plans (including but not limited to 401(k) plans). Specifically, WealthFD may serve as a limited scope ERISA 3(21) fiduciary that can advise, help, and assist plan sponsors with their investment decisions on a non-discretionary basis. As an investment adviser, WealthFD has a fiduciary duty to act in the best interest of the client. The plan sponsor is still ultimately responsible for the decisions made in their plan, though WealthFD can help the plan sponsor delegate responsibilities by following a diligent process. Fiduciary services include the following: ● Provide non-discretionary investment advice to the client about asset classes and investment alternatives available for the Plan in accordance with the plan’s investment policies and objectives. Client will make the final decision regarding the initial selection, retention, removal, and addition of investment options. WealthFD acknowledges that it is a fiduciary as defined in ERISA section 3(21)(A)(ii). ● Assist the client in the development of an investment policy statement (“IPS”). The IPS establishes the investment policies and objectives for the plan. Client shall have the ultimate authority to establish such policies and objectives and to adopt and amend the IPS. ● Provide non-discretionary investment advice to the plan sponsor with respect to the selection of a qualified default investment alternative for participants who are automatically enrolled in the plan or who have otherwise failed to make investment elections. The client retains the sole responsibility to provide all notices to the Plan participants required under ERISA Section 404(c)(5) and 404(A)-5. ● Assist in monitoring investment options by preparing periodic investment reports that document investment performance, consistency of fund management and conformance to the guidelines set forth in the IPS and make recommendations to maintain, remove, or replace investment options. ● Meet with client on a periodic basis to discuss the reports and the investment recommendations. Non-fiduciary services include the following: ● Assist in the education of plan participants about general investment information and the investment alternatives available to them under the plan. Client understands WealthFD’s assistance in education of the plan participants shall be consistent with and within the scope of the Department of Labor’s definition of investment education (Department of Labor Interpretive Bulletin 96-1). As such, WealthFD is not providing fiduciary advice as defined by ERISA 3(21)(A)(ii) to the plan participants. ● Assist in the group enrollment meetings designed to increase retirement plan participation among the employees and investment and financial understanding by the employees. ● Provide educational and financial planning tools for participant use. Participants are responsible for the proper input of any information and should review any ideas or strategies with their CPA, attorney, financial planner, or other trusted advisor before making any financial decisions. The above services may be provided by WealthFD or WealthFD may arrange for the plan’s other providers to offer these services as agreed upon between the adviser and client. WealthFD has no responsibility to provide services related to employer securities, real estate (except for real estate funds or publicly traded REITS), stock brokerage accounts or mutual fund windows, participant loans, non-publicly traded partnership interests, or other non-publicly traded, hard-to-value, or illiquid securities or properties. These excluded assets will not be included in calculation of fees paid to WealthFD. Selection of Other Advisers – Betterment for Dentists WealthFD may direct clients to third-party investment advisers, specifically Betterment. Before selecting other advisers for clients, WealthFD will verify that all recommended C. Client Tailored Services and Client Imposed Restrictions D. Wrap Fee Programs E. Assets Under Management advisers are properly licensed, notice filed, or exempt in the states where WealthFD is recommending the adviser to clients. Services Limited to Specific Types of Investments WealthFD generally limits its investment advice to mutual funds, fixed income securities, equities and ETFs. WealthFD may use other securities as well to help diversify a portfolio when applicable. WealthFD offers the same suite of services to all of its clients. However, specific client investment strategies and their implementation are dependent upon the client Investment Policy Statement which outlines each client’s current situation (income, tax levels, and risk tolerance levels). Clients may impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs. However, if the restrictions prevent WealthFD from properly servicing the client account, or if the restrictions would require WealthFD to deviate from its standard suite of services, WealthFD reserves the right to end the relationship. A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, and certain other administrative fees. WealthFD does not participate in wrap fee programs. WealthFD has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $ 19,563,507 $0 December 2022 A. Fee Schedule Portfolio Management Fees Total Assets Under Management Annual Fees $0 - $500,000 1.00% $500,001 - $1,000,000 0.75% $1,000,001 - $3,000,000 0.50% $3,000,001 - $5,000,000 0.30% $5,000,001 and above Negotiable The advisory fee is calculated using the value of the assets in the account on the last business day of the prior billing period. The advisory fee is a tiered fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown in the above chart and resulting in a combined weighted fee. Advisory fee includes fees paid to third party advisers, if any. These fees may be 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 WealthFD'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. Financial Planning Project Fees Financial Planning will be offered on an hourly or fixed fee basis for clients who do not require ongoing comprehensive wealth management services. For fixed fee projects, the fixed fee will be agreed upon before the start of any work. The fixed fee starts at $1,000 and can be negotiable. If a fixed fee program is chosen, half of the fee is due at the beginning of the process and the remainder is due at completion of work, however, WealthFD will not bill an amount above $500.00 more than 6 months in advance. Financial Planning will also be offered on an hourly basis at a rate of $250 - $1,000 per hour. The fee may be negotiable in certain cases and is due at the completion of the engagement. In the event of early termination by the client, any fees for the hours already worked will be due.