Adkins Seale Capital Management LLC

Item 5           Fees and Compensation

   A.
                                    ADKINS SEALE WRAP PROGRAM
         The Registrant’s annual investment Program fee is based on a percentage of the market
         value of a client’s assets placed under the Registrant’s management as follows:

                   Market Value of Portfolio               Annual fee as % of Assets
                      First $250,000                                 1.20%
                      Next $250,000                                  1.00%
                      Next $500,000                                  0.85%
                      Next $1,000,000                                0.70%
                      Next $3,000,000                                0.50%
                      Above $5,000,000                             Negotiable

         By way of example, a client placing $350,000 under Registrant’s management under the
         above fee schedule would be assessed an annual fee of 1.20% on the first $250,000 placed
         under Registrant’s management, with an annual fee of 1.00% assessed on the remaining
         $100,000.

               FINANCIAL PLANNING AND CONSULTING SERVICES (STAND-ALONE)
         To the extent requested by a client, the Registrant may determine to provide financial
         planning and/or consulting services (including investment and non-investment related
         matters, including estate planning, insurance planning, etc.) on a stand-alone fee basis.
         Registrant’s planning and consulting fees are negotiable, but generally range from $1,500
         to $5,500 on a fixed fee basis and $250 to $500 on an hourly rate basis, depending upon

    the level and scope of the service(s) required and the professional(s) rendering the
    service(s).

                         RETIREMENT PLAN CONSULTING SERVICES
    The terms and conditions of the Registrant’s retirement plan consulting services are
    generally outlined in a Retirement Plan Consulting Agreement with the plan sponsor.
    Registrant’s negotiable retirement plan consulting fees generally range between 0.20% and
    1.00% of the value of plan assets under advisement.

         ADDITIONAL INFORMATION POTENTIALLY RELEVANT TO ALL CLIENT
                               RELATIONSHIPS

B. Fee Calculations and Deductions Applicable to All Relationships. Clients may elect to
   have the Registrant’s advisory fees deducted from their custodial account. Both
   Registrant's Investment Advisory Agreement and the custodial/clearing agreement
   authorize the custodian to debit the account for the amount of the Registrant's investment
   advisory fee and to directly remit that management fee to the Registrant in compliance with
   regulatory procedures. In the limited event that the Registrant bills the client directly,
   payment is due upon receipt of the Registrant’s invoice. The Registrant deducts fees and/or
   bills clients quarterly in advance, based upon the market value of the assets on the last
   business day of the previous quarter. In determining market value, the Registrant’s
   reporting software includes accrued interest, but does not include accrued dividends.

C. Additional Fees and Expenses. As discussed below, unless the client directs otherwise or
   an individual client’s circumstances require, the Registrant generally recommends that
   Schwab serve as the broker-dealer/custodian for client investment management assets.
   Broker-dealers such as Schwab charge transaction fees for effecting certain securities
   transactions or receive revenues from services they perform for your account. Schwab
   currently does not charge transaction fees on U.S. equities or ETFs. In addition, as a
   condition of our continued relationship with Schwab, Schwab requires us to use Schwab’s
   proprietary or affiliated money market mutual funds or cash sweeps accounts, which do
   not provide the highest return available. A complete list of all fees and expenses is available
   upon request from your account’s custodian.

    In addition, client accounts may invest in mutual funds (including money market funds)
    and ETFs that have various internal fees and expenses (i.e., management fees), which are
    paid by these funds and ultimately borne by clients as a fund shareholder. These internal
    fees and expenses are in addition to the fees charged by the Registrant. When beneficial
    to the client, individual fixed-income or equity transactions may be effected through
    broker-dealers that the Registrant or the client have entered into arrangements for prime
    brokerage clearing services, including effecting certain client transactions through other
    broker-dealers. In that case, the client generally will incur both the transaction fee charged
    by the executing broker-dealer and a “trade away” fee charged by the custodian (i.e.,
    Schwab). For Program clients, commissions and trading fees, including trade away fees,
    are paid for by the Registrant.

D. Timing of Fee Payments; Refunds. Registrant's annual investment advisory fee shall be
   prorated and paid quarterly, in advance, based upon the market value of the assets on the
   last business day of the previous quarter. In the event that the client withdraws or deposits

         $10,000 or more into their accounts, the Registrant will either provide a credit against the
         withdrawal or apply its fee to the contribution the following quarter. The Registrant, in its
         sole discretion, charge a lesser investment management fee, or waive its advisory fee, based
         upon certain criteria (i.e., anticipated future earning capacity, anticipated future additional
         assets, dollar amount of assets to be managed, related accounts, account composition,
         service requirements, complexity of the engagement, competition, courtesy accounts,
...

Item 7           Types of Clients

         The Registrant’s clients shall generally include individuals, business entities, trusts, estates,
         charitable organizations and pensions and profit sharing plans.