Valmark Advisers, INC.

Valmark Advisers offers investment management through several programs, including Valmark ACCESS and ACCESS Direct.

Valmark ACCESS:

• Fees are calculated as a percentage of your account's assets and are negotiated between you and your advisor, but will not exceed:
  • 1.95% annually for accounts less than $1,000,000
  • 1.75% annually for accounts between $1,000,001 and $2,000,000
  • 1.50% annually for accounts above $2,000,001
• A minimum investment of $50,000 is generally required.

ACCESS Direct:

• This program provides access to third-party managers, fee-based annuities, and fee-based variable life insurance contracts. Fees vary depending on the specific solution chosen.
• American Funds F-2 Direct Program: Fees are 1% of the account value annually.
• Fee-Based Variable Annuity Program: Fees will not exceed 1.5% of the contract's cash value annually.
• Fee-Based Variable Life Insurance Fees: Fees will not exceed 1.5% of the contract's cash value annually.

Select Manager Programs:

• Fees are calculated as a percentage of your account's assets and are negotiated between you and your advisor, but will not exceed:
  • 1.95% annually for accounts between $50,000 and $1,000,000
  • 1.75% annually for accounts between $1,000,001 and $2,000,000
  • 1.50% annually for accounts above $2,000,001
• A minimum investment of $100,000 is generally required.