Financial Planning Services

Fees for Financial Planning are charged in one of three ways:

1 - One-time/flat fee: Clients pay a flat fee and make a deposit against the fee as agreed in advance and set forth in the written agreement between the Client and the Firm. The balance is due upon completion of Financial Planning Services. The average planning fees for the first year of service are below:

Retirement Plan (limited scope) $495 per person

Single Goal $1,000 per goal

Individual Planning $4,500 first year, negotiable thereafter if needed

Estate Planning $5,000 first year, negotiable thereafter if needed

Business Owner Planning $7,500 first year, negotiable thereafter if needed

Corporate FP&A $10,000+ per year

2 - Hourly Basis: Hourly fees are charged at a rate of $300.00 per hour, including meeting time and preparation time (“Hourly Fee”). Support staff time may be billed at a lower rate where appropriate. The first month's fees will be billed against an initial deposit, with the deposit amount agreed on in advance and set forth in the written agreement between the Client and the Firm. Billing for Financial Planning Services is quarterly in arrears or on completion.

3 - Hourly Fee with a Guaranteed Maximum (Capped Hourly Fee): Clients agree to pay the Firm’s Hourly Fee, subject to an agreed-upon maximum total fee as agreed in advance and set forth in the written agreement between the Client and the Firm, subject to the scope of the work not changing significantly. The first month's fees will be billed against a deposit as agreed in advance. Billing is quarterly in arrears.

Investment Management Services

Investment Dept. charges fees for Investment Management Services in one of two ways:

1 - Flat Quarterly Retainer: Clients pay a flat quarterly retainer fee (“Flat Quarterly Retainer”) in an amount agreed in advance and set forth in the Client Agreement. The Flat Quarterly Retainer s billed quarterly in advance.

2 - Percentage of Managed Assets: Clients pay an annualized quarterly advisory fee (“AUM Fee”) in advance based on fair market value of the assets under management (as reasonably determined in good faith by Investment Dept.) as of the close of business on the last business day of the proceeding calendar quarter. The AUM Fee is calculated according to the below fee schedule:

• Assets Under Management Advisory Fee (% AUM)

  • Up to $1,000,000 1.0%, plus

  • $1,000,001 and $3,000,000 0.75%, plus

  • $3,000,001 and $5,000,000 0.60%, plus

  • More than $5,000,000 0.4%

Example calculation — Fees are based on blended rate. For an account that has $1,500,000 in AUM, the yearly fee would be $13,750. This equals $10,000 for the first $1,000,000 AUM @ 1%; plus $3,750 for the additional $500,000 AUM @ 0.75%. The effective blended rate for this client would be 0.917%.

Minimum fee — For Assets Under Management less than $250,000, a minimum fee of $625 per quarter applies (the “Minimum Fee”). The Minimum Fee will continue until Assets Under Management increases above $250,000 at which time the Percentage of Managed Assets fee schedule above applies.

Investment Management Services fees are billed quarterly and prorated based on the number of days that an account is open during the quarter. The Firm can reduce or waive entirely its Investment Management Fee for client accounts, in the Firm’s sole discretion.

Lower fees for comparable services may be available from other sources.