Allegiance Financial Advisors Inc

Item 5        Fees and Compensation

          INVESTMENT SUPERVISORY SERVICES ("ISS") MODEL PORTFOLIO
                             MANAGEMENT FEES

The annualized fee for Model Portfolio Management Services will be charged as a
percentage of assets under management, according to the following schedule:

    Assets Under Management                 Annual Fee             Quarterly Fee
    First $250,000                          1.75%                  0.4375%
    Next $500,000                           1.50%                  0.3750%
    Next $500,000                           1.25%                  0.3125%
    Additional Assets                       1.00%                   0.2500%

Our fees are billed quarterly, in advance, at the beginning of each calendar quarter
based upon the value (market value or fair market value in the absence of market
value), of the client's account at the end of the previous quarter. Fees will be debited
from the account in accordance with the client authorization in the Investment Advisory
Services Agreement.

A minimum of $50,000 of assets under management is required for this service. This
account size may be negotiable under certain circumstances. Allegiance Financial
Advisors, Inc. may group certain related client accounts for the purposes of achieving
the minimum account size and determining the annualized fee.

Limited Negotiability of Advisory Fees: Although Allegiance Financial Advisors, Inc.
has established the aforementioned fee schedule(s), we retain the discretion to
negotiate alternative fees on a client-by-client basis. Client facts, circumstances and
needs are considered in determining the fee schedule. These include the complexity of
the client, assets to be placed under management, anticipated future additional assets;
related accounts; portfolio style, account composition, reports, among other factors.
The specific annual fee schedule is identified in the contract between the adviser and
each client.

Discounts, not generally available to our advisory clients, may be offered to family
members and friends of associated persons of our firm.

                              FINANCIAL PLANNING FEES

Allegiance Financial Advisors, Inc.'s Financial Planning fee is determined based on the
nature of the services being provided and the complexity of each client’s
circumstances. All fees are agreed upon prior to entering into a contract with any client.

Our Financial Planning fees are calculated and charged on an hourly basis at $200.00
per hour. Although the length of time it will take to provide a Financial Plan will depend
on each client's personal situation, we will provide an estimate for the total hours at the
start of the advisory relationship.

Our Financial Planning fees are calculated and charged on a fixed fee basis, typically
ranging from $500.00 to $4,000.00 for a comprehensive plan, depending on the
specific arrangement reached with the client.

We may request a retainer upon completion of our initial fact-finding session with the
client; however, advance payment will never exceed $500 for work that will not be
completed within six months. The balance is due upon completion of the plan.

The client is billed monthly in arrears based on actual hours accrued.

                             CONSULTING SERVICES FEES

Allegiance Financial Advisors, Inc.'s Consulting Services fee is determined based on
the nature of the services being provided and the complexity of each client’s
circumstances. All fees are agreed upon prior to entering into a contract with any client.

Our Consulting Services fees are calculated and charged on an hourly basis at $200.00
per hour. An estimate for the total hours is determined at the start of the advisory
relationship.

Our Consulting Services fees are calculated and charged on a fixed fee basis, typically
ranging from $500.00 to $4,000.00 subject to the specific arrangement reached with
the client.

                                GENERAL INFORMATION

Termination of the Advisory Relationship: The investment agreement will terminate
automatically if it is assigned by the Advisor without consent of the client. The client
may terminate the agreement within five (5) days without charge. A client agreement
may be canceled at any time, by either party, for any reason upon receipt of written
notice, such termination to be effective as of the quarter ending date following receipt
of such notice in writing. As disclosed above, certain fees are paid in advance of
services provided. Upon termination of any account, any prepaid, unearned fees will
be promptly refunded. If terminated by the client, Allegiance shall be paid its fee
through the quarter ending date following receipt of such notice in writing.

Mutual Fund Fees: All fees paid to Allegiance Financial Advisors, Inc. for investment
advisory services are separate and distinct from the fees and expenses charged by
mutual funds and/or ETFs to their shareholders. These fees and expenses are
described in each fund's prospectus. These fees will generally include a management
fee, other fund expenses, and a possible distribution fee. If the fund also imposes sales
charges, a client may pay an initial or deferred sales charge. A client could invest in a
mutual fund directly, without our services. In that case, the client would not receive the
services provided by our firm which are designed, among other things, to assist the
client in determining which mutual fund or funds are most appropriate to each client's
financial condition and objectives. Accordingly, the client should review both the fees
charged by the funds and our fees to fully understand the total amount of fees to be
paid by the client and to thereby evaluate the advisory services being provided.

Additional Fees and Expenses: In addition to our advisory fees, clients are also
responsible for the fees and expenses charged by custodians and imposed by broker
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Item 7      Types of Clients
Allegiance Financial Advisors, Inc. provides advisory services to the following types of
clients:

•   Individuals (other than high net worth individuals)
•   High net worth individuals
•   Corporations or other businesses not listed above
•   Pension and profit-sharing plans (other than plan participants)

As previously disclosed in Item 5, our firm has established certain initial minimum
account requirements, based on the nature of the service(s) being provided. For a
more detailed understanding of those requirements, please review the disclosures
provided in each applicable service.

As previously disclosed in Item 5, our firm has established certain minimum account
requirements to maintain an account, based on the nature of the service(s) being
provided. For a more detailed understanding of those requirements, please review
the disclosures provided in each applicable service.