Allen Financial Management LLC

Item 5 Fees and Compensation
Portfolio Management Services
Our fee for this service is up to 1.0% of the assets under management depending upon the market
value of your assets under our management, the type and complexity of the asset management
services provided, as well as the level of administration requested either directly or assumed by the
client. Assets in each of your account(s) are included in the fee assessment unless specifically
identified in writing for exclusion.

Our annual portfolio management fee is billed and payable, quarterly in arrears, based on the balance
at end of billing period.

If the portfolio management agreement is executed at any time other than the first day of a calendar
quarter, our fees will apply on a pro rata basis, which means that the advisory fee is payable in
proportion to the number of days in the quarter for which you are a client. Our advisory fee is
negotiable, depending on individual client circumstances. If funds have been withdrawn during a
quarter, a partial fee will be due for those funds based on the number of days they were included.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts.

We will send you an invoice for the payment of our advisory fee when deduct our fee directly from your
account through the qualified custodian holding your funds and securities. We will deduct our advisory
fee only when you have given our firm written authorization permitting the fees to be paid directly from
your account. Further, the qualified custodian will deliver an account statement to you at least
quarterly. These account statements will show all disbursements from your account. You should review
all statements for accuracy.

We encourage you to reconcile our invoices with the statement(s) you receive from the qualified
custodian. If you find any inconsistent information between our invoice and the statement(s) you
receive from the qualified custodian call our main office number located on the cover page of this
brochure.

You may terminate the portfolio management agreement upon Other. You will incur a pro rata charge
for services rendered prior to the termination of the portfolio management agreement, which means
you will incur advisory fees only in proportion to the number of days in the quarter for which you are a
client.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. You will also incur transaction charges and/or
brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by
the broker-dealer or custodian through whom your account transactions are executed. We do not
share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or
custodian. To fully understand the total cost you will incur, you should review all the fees charged by
mutual funds, exchange traded funds, our firm, and others. For information on our brokerage practices,
refer to the Brokerage Practices section of this brochure.

Compensation for the Sale of Securities or Other Investment Products
Persons providing investment advice on behalf of our firm are registered representatives with Mutual
Securities, Inc., a securities broker-dealer, and a member of the Financial Industry Regulatory
Authority and the Securities Investor Protection Corporation. In their capacity as registered
representatives, these persons receive compensation in connection with the purchase and sale of
securities or other investment products, including asset-based sales charges, service fees or 12b-1
fees, for the sale or holding of mutual funds. Compensation earned by these persons in their capacities
as registered representatives is separate and in addition to our advisory fees. This practice presents a
conflict of interest because persons providing investment advice to advisory clients on behalf of our
firm who are registered representatives have an incentive to recommend investment products based
on the compensation received rather than solely based on your needs. Persons providing investment
advice to advisory clients on behalf of our firm can select or recommend and in many instances will
select or recommend, mutual fund investments in share classes that pay 12b-1 fees when clients are
eligible to purchase share classes of the same funds that do not pay such fees and are less expensive.
This presents a conflict of interest. You are under no obligation, contractually or otherwise, to purchase
securities products through any person affiliated with our firm who receives compensation described
above.

We have a fiduciary duty to act in our client's best interest including the duty to seek best execution.
Therefore, our mutual fund selection and recommendation process takes into consideration several
factors in order to meet this requirement. See the Brokerage Practices section for additional
information on our mutual fund share class selection process.

Persons providing investment advice on behalf of our firm are licensed as independent insurance
agents. These persons will earn commission-based compensation for selling insurance products,
including insurance products they sell to you. Insurance commissions earned by these persons are
separate and in addition to our advisory fees. This practice presents a conflict of interest because
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Item 7 Types of Clients
We offer investment advisory services to individuals, trusts, estates, charitable organizations,
corporations, and other business entities.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size which, in our sole
opinion, is too small to manage effectively.