PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC 555 - 5 - these circumstances, clients may be assessed an all-in-one “wrap fee” for custody, brokerage, investment management and performance reporting services, rather than individual trading, and other costs. PMWMG will provide clients a copy of the program brochures prior to or concurrently with any asset allications through these platforms.
Investment Management Services to Retirement Plans PMWMG offers discretionary and non-discretionary advisory services to qualified plans, including 401k plans. These services include, depending upon the needs of the plan client, recommending, or for discretionary clients selecting, investment options for plans to offer to participants, ongoing monitoring of a plan’s investment options, assisting plan fiduciaries in creating and/or updating the plan’s written investment policy statements, working with plan service providers, and providing general investment education to plan participants.
Note for IRA and Retirement Plan Clients: When PMWMG provides investment advice to you regarding your retirement plan account or individual retirement account, PMWMG is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way PMWMG makes money creates some conflicts with your interests, so PMWMG operates under a special rule that requires PMWMG to act in your best interest and not put PMWMG’s interest ahead of yours.
C. CLIENT-TAILORED ADVISORY SERVICES Clients may impose reasonable restrictions on the management of their accounts

if PMWMG determines, in its sole discretion, that the conditions would not materially impact the performance of a management strategy or prove overly burdensome for PMWMG’s management efforts.
D. INFORMATION RECEIVED FROM CLIENTS PMWMG will not assume any responsibility for the accuracy or the information provided by clients. PMWMG is not obligated to verify any information received from a client or other professionals (e.g., attorney, accountant) designated by a client, and PMWMG is expressly authorized by the client to rely on such information provided. Under all circumstances, clients are responsible for promptly notifying PMWMG in writing of any material changes to the client’s financial situation, investment objectives, time horizon, or risk tolerance.
E. ASSETS UNDER MANAGEMENT PMWMG is a newly registered advisor. Therefore, as of the date of filing this Brochure, PMWMG did not have assets under management.
PMWMG charges fees based on a percentage of assets under management as well as fixed fees depending on the particular types of services to be provided. The specific fees charged by PMWMG for services provided will be set forth in each client’s agreement.
A. Financial Planning and Investment Management Services Fees for Financial Planning and Consulting Services Clients that are receiving financial planning services only are charged a fixed fee ranging from $5,000 to $300,000, depending upon the complexity of a client’s plan and services provided. Actual fees charged are clearly outlined in the financial planning agreement and clients receive invoices reflecting the amount of the fee due and payable.