Cost Structure

Advisory Services

Assets Under Management (AUM)

For clients who engage us in an ongoing advisory relationship, we are compensated through an assets-under-management (AUM) fee. This fee is calculated as a percentage of the assets we manage on your behalf and is assessed quarterly in arrears.

This type of relationship is typically best for clients with a minimum of $25,000 in assets. Assets under management (AUM) fees vary based on the size of the account. Our fees are very competitive and mutually agreed upon.

The benefits of an ongoing fee-based relationship include:

• Ongoing portfolio monitoring and professional investment oversight
• Personalized guidance aligned with your broader financial objectives
• Periodic review meetings and ongoing communication
• Quarterly performance reporting
• A disciplined, long-term investment approach
• Aligned incentives — our compensation grows only as your portfolio grows
• A fiduciary relationship requiring us to act in your best interest

Additional information regarding advisory fees, platform costs, strategist fees, and other related expenses is detailed in Cetera Investment Advisors LLC’s Form ADV 2A and the applicable client agreement. Assets under management fee schedule reflective of advisory services offered through Preferred Asset Management.

Brokerage Services & Related Costs

In certain circumstances, clients may engage us in a brokerage relationship rather than an ongoing advisory arrangement.

In a brokerage relationship, compensation is generally transaction-based rather than fee-based and may include commissions, sales charges, or other compensation associated with the purchase or sale of investment products.

Brokerage-Related Costs May Include:

• Transaction or commission charges
• Sales charges on certain securities
• Product-level expenses embedded within investment products

All brokerage-related compensation and costs are disclosed prior to execution of any transaction.

Mutual Fund Share Classes & Breakpoints
Many mutual funds are available in multiple share classes, each with distinct cost structures. While the underlying investments are typically the same, expenses may vary based on factors such as purchase method, holding period, and eligibility.

Share Classes May Differ By:

• Up-front sales charges
• Ongoing internal expenses (expense ratios)
• Distribution or service fees
• Eligibility requirements

Additionally, many mutual fund families offer breakpoints, which provide reduced sales charges once certain investment thresholds are met. Breakpoints may be available based on:

• The size of a single investment
• Aggregate household or related account holdings
• Rights of accumulation
• Letters of intent

When applicable, we assist clients in identifying eligible breakpoints and appropriate share classes consistent with the client’s
objectives and circumstances.

Insurance Services

Insurance products are offered based on individual client needs and objectives. Costs and benefits vary by carrier and product design.

Compensation for insurance products is typically paid by the issuing insurance company and not directly by the client. All compensation arrangements are disclosed prior to implementation.

Our advisors are appropriately licensed in life, health, annuity, and long-term care insurance and are available to evaluate coverage needs and explore suitable options

Fees, commissions, and expenses vary based on services selected and are fully disclosed in applicable offering documents, client agreements, and regulatory filings. Clients are encouraged to review these materials carefully and to ask questions at any time.