Description of Services and Fees WESCAP Management Group, Inc., doing business as ("dba") WESCAP Group, is a registered investment adviser based in Glendale, California. We are organized as a corporation under the laws of the State of California. We have been providing investment advisory services since 1988. Eric Weinlein, Joel Edstrom and Margaret Adams are our principal owners. Currently, we offer the following investment advisory services, which are personalized to each individual client:
•Wealth Management
•Automated Asset Management Program
•Financial Planning Services The following paragraphs describe our services and fees. Please refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this Brochure, the words "we", "our" and "us" refer to WESCAP Group and the words "you", "your" and "client" refer to you as either a client or prospective client of our firm. Also, you may see the term Associated Person throughout this Brochure. As used in this Brochure, our Associated Persons are our firm's officers, employees, and all individuals providing investment advice on behalf of our firm.
Wealth Management We offer discretionary and non-discretionary wealth management. Our investment advice is tailored to meet our clients' needs and investment objectives. If you retain our firm for Wealth Management, we will meet with you to determine your investment objectives, risk tolerance, and other relevant information (the "suitability information") at the beginning of our advisory relationship. We will use the suitability information we gather to develop a strategy that enables our firm to give you focused investment advice and/or to make investments on your behalf. Once we construct an investment portfolio for you, we will monitor your portfolio's performance, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances.
The following services are provided for Wealth Management accounts:
•Investment selection and portfolio management;
•Quarterly investment tracking and reporting;
•Ongoing review of investment performance and asset allocation;
•Review of any changes in portfolio objectives, market conditions and target asset allocation;
•Recommendations or actions on additional investment purchases and sales;
•Financial planning, review, and consulting services will be provided on an as needed or by request basis (see page 6). Not all financial planning, review, and consulting services will be provided to everyone. WESCAP is not obligated to provide comprehensive financial planning, unless expressly agreed to. WESCAP will be responsible only for financial planning services agreed to in writing. There is no additional fee for these services so long as assets meet the above minimum.
If you participate in our discretionary Wealth Management service, we require that you grant our firm discretionary authority to manage your account. Discretionary authorization will allow our firm to determine the specific securities, and the amount of securities, to be purchased or sold for your account without your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm or trading authorization forms. If you enter into non-discretionary arrangements with our firm, we must obtain your approval prior to executing any 4 transactions on behalf of your account. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased for your account) by providing our firm with your restrictions and guidelines in writing.
Automated Asset Management Program We offer an automated investment program (the "AAM Program") through which clients are invested in a range of investment strategies we have constructed and manage, each consisting of a portfolio of exchange-traded funds ("ETFs") and a cash allocation.
This service is for portfolios between $150,000 to $500,000. It utilizes a Charles Schwab, Inc. specialized trading platform that automates the risk assessment, cash flow management and trading functions. WESCAP manages the asset allocation and selects the investments from a subset of Charles Schwab approved no-transaction fee ETFs. Clients primarily interact via an automated website rather than directly with a WESCAP advisor. There are no financial planning services provided. If any of these financial planning services are desired, then a separate Financial Planning service and additional service fee will be agreed to in advance. Portfolio and account statements will be provided directly from Schwab, with no separate WESCAP-provided quarterly reports.
The client may instruct us to exclude up to three ETFs from their portfolio. The client's portfolio is held in a brokerage account opened by the client at Charles Schwab & Co., Inc. ("Schwab"). We use the Institutional Intelligent Portfolios platform ("Platform"), offered by Schwab Performance Technologies ("SPT"), a software provider to independent investment advisors and an affiliate of Schwab, to operate the AAM Program. We are independent of and not owned by, affiliated with, or sponsored or supervised by SPT, Schwab, or their affiliates (together, "Schwab"). We, and not Schwab, are the client's investment advisor and primary point of contact with respect to the AAM Program. We are solely responsible, and Schwab is not responsible, for determining the appropriateness of the AAM Program

for the client, choosing a suitable investment strategy and portfolio for the client's investment needs and goals, and managing that portfolio on an ongoing basis. We have contracted with SPT to provide us with the Platform, which consists of technology and related trading and account management services for the AAM Program. The Platform enables us to make the AAM Program available to clients online and includes a system that automates certain key parts of our investment process (the "System"). The System includes an online questionnaire that helps us determine the client's investment objectives and risk tolerance and select an appropriate investment strategy and portfolio. Clients should note that we will recommend a portfolio via the System in response to the client's answers to the online questionnaire. The client may then indicate an interest in a portfolio that is one level less or more conservative or aggressive than the recommended portfolio, but we then make the final decision and select a portfolio based on all the information we have about the client. The System also includes an automated investment engine through which we manage the client's portfolio on an ongoing basis through automatic rebalancing and tax-loss harvesting (if the client is eligible and elects).
Financial Planning Services We also engage in financial planning services for a fee. Financial planning and consulting will typically involve providing a variety of services, principally advisory in nature, to you regarding the management of your financial resources based upon an analysis of your individual needs. If you retain our firm for financial planning services, we will meet with you to gather information about your financial circumstances and objectives. Once we review and analyze the information you provide to our firm, we may deliver a written plan to you, designed to help you achieve your stated financial goals and objectives.
Our financial planning services consist of Financial Review services and/or Financial Consulting services.
5 Financial Review The fee for our Financial Review service is based upon the complexity of the review. The services to be provided generally include the following: Long-term financial security forecast:
•Gather information about your income, expenses, assets and liabilities;
•Project cash flows and investment balances;
•Develop different future scenarios to review alternative strategies;
•Often include a Monte Carlo forecast to analyze the effects of various investment return scenarios. Financial Consulting Financial planning, analysis and consulting fees are based upon the scope of services provided. Fees are charged on either an hourly rate of $450 or a fixed fee negotiated with you. All fees will be agreed upon in advance based upon the services to be provided. Under no circumstances will we require prepayment of a fee more than 6 months in advance and in excess of $1,200, as services will be rendered within six months of the date of contract. Financial Consulting may address any of the following areas:
•Income Tax, Cash Flow, Asset Allocation: Forecast of taxes and cash flow; Current asset allocation; Special situation analysis (Stock options, diversification, etc.).
•Illiquid Investments: Review and analysis of existing investments; Past performance evaluation; Analysis of proposed investments.
•Liquid Investments: Analysis of existing and suggested portfolio; Analysis of various categories of investment.
•Insurance Review: Coverage analysis coordinated with insurance agent.
•Estate Planning Review (coordinated with attorney): Analysis of current wills and trusts; Death tax calculations; Recommendation of potential appropriate techniques.
•Budgeting and Debt Management: Recommendation of loan restructuring; Recommendation of loan sources; Assistance with banking relationships.
•Planning for Children's Education: Needs analysis; Review of funding strategies including UTMAs, 529 plans and other methods.
•Other Financial Analysis You may act on our recommendations by placing securities transactions with any brokerage firm you choose. You are under no obligation to act on our financial planning recommendations. Moreover, if you elect to act on any of the recommendations, you are under no obligation to implement the financial plan advice through our firm. In some cases we may reduce or waive our financial planning fee if you implement our investment recommendation through our firm.
Fees for Financial Planning may be waived for Wealth Management clients at WESCAP's discretion.
Either party may terminate the financial planning agreement within five days of the date of acceptance without penalty or fees to the client. After the five-day period, upon written notice to the other, either party may terminate the financial planning agreement.
Types of Investments We primarily provide advice on mutual funds; however, we may advise you on any type of investment that we deem appropriate based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
6 You may request that we refrain from investing in particular securities or certain types of securities. You must provide these restrictions to our firm in writing.
Assets Under Management As of December 31, 2022, we provide continuous management services for $650,800,000 in client assets on a discretionary basis, and $198,900,000 in client assets on a non-discretionary basis.