Albanyadvisor Group LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one more
written agreements with the Advisor.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid quarterly, at the end of each calendar quarter pursuant to the terms of the
investment advisory agreement. Investment advisory fees are based on the market value of assets under
management at the end of the calendar quarter. Investment advisory fees range from 0.50% to 1.50% annually based
on several factors, including: the scope and complexity of the services to be provided; the level of assets to be
managed; and the overall relationship with the Advisor. Relationships with multiple objectives, specific reporting
requirements, portfolio restrictions and other complexities may be charged a higher fee.

The investment advisory fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
AAG will be independently valued by the Custodian. AAG will not have the authority or responsibility to value portfolio
securities.

AAG may direct clients to third-party investment advisers. The notice of termination requirement and payment of
fees for third-party investment advisers will depend on the specific third-party adviser selected.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

                                                   AlbanyAdvisor Group LLC
                                    20 Corporate Woods Blvd., Suite 400, Albany, NY 12211-2396
                                         Phone: (518) 689-3577 | https://albanyadvisor.com

Financial Planning Services
AAG may include financial planning services as part of an overall investment management engagement or as a
separate engagement and fee. AAG offers financial planning services for a fixed engagement fee based on the
scope of work. A financial plan is typically offered at $495. An annual review of the financial plan is billed $195. If the
Client also wants an estate planning review, the additional fee is $500. Fees may be negotiable based on the nature
and complexity of the services to be provided and the overall relationship with the Advisor. An estimate for total costs
will be determined prior to engaging for these services. If the Client retains AAG for Investment Management Services
within three (3) months of the financial plan delivery, AAG will apply fees paid for financial planning towards future
investment advisory fees, pursuant to the terms of the financial planning agreement.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged an asset-based fee of up to 1.00% annually and are billed in
either in advance or arrears, pursuant to the terms of the retirement plan advisory agreement. Retirement plan fees
are based on the market value of assets under management at the end of the respective calendar quarter. Fees may
be negotiable depending on the size and complexity of the Plan.

B. Fee Billing
Investment Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from
the Client’s account[s] following the end of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with AAG at the end of each quarter.
Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the investment
advisory fee. Clients are urged to also review from the Custodian, as the Custodian does not perform a verification of
fees. Clients provide written authorization permitting advisory fees to be deducted by AAG to be paid directly from
their account[s] held by the Custodian as part of the investment advisory agreement and separate account forms
provided by the Custodian.

Financial Planning Services
Financial planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].

Retirement Plan Advisory Services
Retirement plan advisory fees are calculated quarterly in advance or arrears, based on the market value of assets
under management at the end of the respective calendar quarter. Retirement plan advisory fees may be directly
invoiced to the Plan Sponsor or deducted from the assets of the Plan, depending on the terms of the retirement plan
advisory agreement.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than AAG, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge securities
transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and
conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by AAG are separate and distinct from these custody and
execution fees.
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Item 7 – Types of Clients

AAG offers investment advisory services to individuals, high net worth individuals, trusts, estates, small businesses,
and retirement plans. AAG generally does not impose a minimum relationship size.