Allen Mooney & Barnes Investment Advisors LLC

Item 5 – Fees and Compensation

The fees we charge for the investment advisory and management services we provide are
typically determined as a percentage of the market value of the investment assets we
manage. Those fees are calculated and billed at the end of each calendar quarter and cover
the services we have provided over that prior quarter. This is commonly referred to as billing
“in arrears.”

The Firm’s management fees are negotiable and may vary based on the specific needs,
objectives, and circumstances of each client, as well as the scope and complexity of the
services provided. While the Firm retains the ability to consider fees on an individual or
household basis, no client will be charged a management fee that exceeds the Firm stated
maximum allowable rate of 2.50% of assets under management.

AMB also has two available tiered fee schedules in use by certain adviser representatives of
the firm. Under such a fee schedule, the actual fee charged to the entire aggregate billing
group will be the stated fee tier based upon Total Aggregate Assets Under Management. All
assets under the detailed household will be charged at this stated rate.

  Client Asset Tier          Assets Under Management                Client Annual Fee %
           1             $25,000 - $500,000                                 1.25%
           2             $500,001 - $1,000,000                              1.00%
           3             $1,000,001 - $2,000,000                           0.85%
           4             $2,000,001 - $3,000,000                           0.75%
           5             Greater than $3,000,000                           0.50%

  Client Asset Tier          Assets Under Management                Client Annual Fee %
           1             $25,000 - $1,000,000                               1.00%
           2             $1,000,001 - $2,000,000                           0.85%
           3             $2,000,001 - $3,000,000                           0.75%
           4             Greater than $3,000,000                           0.50%

Our fees are calculated based upon the market value of the investment assets in each client’s
account as determined by First Clearing, Charles Schwab, or the bank through which any
certificates of deposit or money market instruments are held. Our fees are billed quarterly on
a 365-day year, so each calendar quarter billing will vary slightly as they are based on the
actual number of days in the quarter. One-fourth of our annual fee is billed each calendar
quarter based on the calculated daily charge multiplied by the number of days.

The advisory fees we charge are adjusted based on contributions or withdrawals made
during the course of a calendar quarter. Where applicable to the investment (i.e. certain fixed
income) the advisory fee will be calculated including the accrued interest, as such interest is
owed to and part of the invested amount. The fees charged on accounts opened or closed
during a calendar quarter are prorated based on the number of days the account was open
during the quarter. For clients who anticipate the use of or are utilizing margin in their
accounts, any debit balance maintained in margin will be considered part of the account
balance and will be included in the quarterly fee calculation. Clients should consider the use
of margin carefully and AMB has a conflict to incent the use of margin on approved accounts
since margin debits will increase the compensation to the firm in the form of higher advisory
fees. AMB mitigates this conflict of interest by only establishing margin on advisory accounts
and promoting its use when doing so meets our clients’ objectives for the account(s).

AMB has an annual platform fee of $130 for each advisory account, to be assessed quarterly
in arears, and will be prorated based on the inception date of the account opening. This
platform fee allows AMB to best utilize the Firm’s technology and other resources made
available by our Custodians to service our client’s accounts. This platform fee is assessed by
AMB in addition to the advisory fee charged by your adviser representative. Your adviser
representative does not receive any portion of this platform fee as compensation for the
advisory services provided.

We generally invest client’s cash balances in money market funds, FDIC Insured Certificates
of Deposit, high-grade commercial paper and/or government backed debt instruments.
Ultimately, we try to achieve the highest return on our client’s cash balances through
relatively low-risk conservative investments. In most cases, at least a partial cash balance will
be maintained in a money market account so that our firm may debit advisory fees for our
services as applicable. Unless otherwise stated, AMB will charge advisory fees on cash and
cash equivalents. Such fees can have a significant effect on the yield / return of cash or cash
equivalents since their return is significantly lower over time than investment in equities or
other securities. Clients should consider this before maintaining large amounts of advisory
assets in cash or cash equivalents, as this will significantly decrease the overall returns on the
account.

Certificate of Deposit options available to clients from First Clearing are considered new issue
offerings, and as such, they have a small concession included in the purchase. AMB does not
provide any such concession to an IAR as compensation to mitigate any potential conflict to
the IAR for such transactions.

We reserve the right to negotiate with individual clients the amount of the fees we charge.
The fees to be charged will be set forth in the written Investment Advisory Agreement we
execute with each client. As negotiated with the Client, special billing arrangements that do
not include certain assets or asset classes as part of agreed upon billing creates a conflict for
AMB. Specifically, such arrangements create a financial incentive for AMB to recommend
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Item 7 – Types of Clients

AMB provides portfolio management services to individuals, high net worth individuals,
corporate pension and profit-sharing plans, charitable institutions, foundations, endowments,
municipalities, trusts, and corporations.

AMB requires a minimum investment of $25,000 in order to establish an account with our
firm. Additionally, we do reserve the right not to establish an account for a prospective client
regardless of investment amount, particularly in those instances where it does not appear
that the establishment of an account would be in the prospective client’s best interests.