Allodium Investment Consultants LLC

Item 5. Fees and Compensation

      Allodium offers its services on a fee basis, which include hourly and/or fixed fees, as well as fees based
      upon assets under management.

      Fees for Investment Management Services

      Allodium provides investment management services for an annual fee that is dependent on a number of
      factors, including the services to be provided and assets being managed by Allodium. Allodium’s annual
      fee is exclusive of, and in addition to brokerage commissions, transaction fees, and other related costs and
      expenses which are incurred by the client. Allodium does not, however, receive any portion of these
      commissions, fees, and costs.

      For clients under Allodium’s Wealth Management or Fiduciary Management Agreements, Allodium’s
      annual fee is prorated and charged quarterly, in advance, based upon the market value of the assets being
      managed by Allodium on the last day of the previous quarter. The annual fee varies between 0.05% and
      1.00%, depending upon the market value of the assets under management. The annual fee may exceed
      1.00% for those clients with less than $1,000,000 under Allodium’s management, as Allodium imposes a
      minimum quarterly fee of $2,500 for these services.

      For clients under Allodium’s Investment Management Consulting Agreement, Allodium typically charges
      an annual retainer fee between $50,000 and $100,000 based on complexity of the relationship and the
      services requested. This fee is prorated and charged quarterly in advance.

      Where the Firm charges a fixed fee for services, the management fee will automatically increase each year
      by 3% (rounded to the nearest whole dollar amount) at the start of each calendar year regardless of when
      the Agreement is executed. Clients should be aware that it is possible that a fixed fee could be higher than

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      what they would pay for a typical asset-based fee depending on the assets under management.

      For client assets on the Allodium Portfolios platform, Allodium’s annual fee is prorated, calculated and
      paid quarterly in arrears based on the average daily account balance during the previous quarter as valued
      by the custodian. Allodium’s annual fee for clients on the Allodium Portfolios platform is 1.00%, and a
      minimum fee is not imposed for this service.

      Allodium, in its sole discretion, may negotiate to charge a fixed retainer fee or modified fee schedule that
      varies from Allodium’s standard fee schedule 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, pre-existing client relationship, account retention, pro bono activities, etc.).

      Allodium includes cash in a client’s account in determining the valuation for billing purposes. The Firm
      may, in its sole discretion, not include cash in determining the fee, especially where a client has a high
      percentage of cash for reasons other than the Firm's investment management decision.

      Clients are advised that a conflict of interest exists for the Firm to recommend that clients engage Allodium
      for additional services for compensation, including rolling over retirement accounts or moving other assets
      to the Firm’s management. Clients retain absolute discretion over all decisions regarding engaging the Firm
      and are under no obligation to act upon any of the recommendations.

      When we provide investment advice to you regarding your retirement plan account or individual retirement
      account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act
      and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way
      we make money creates some conflicts with your interests, so we operate under a special rule that requires
      us to act in your best interest and not put our interests ahead of yours.

      Fees for Standalone Financial Planning and Fiduciary Consulting Services

      Allodium charges a fixed fee and/or hourly fee for standalone financial planning and fiduciary consulting
      services. These fees are negotiable, but generally range from $2,500 to $50,000 on a fixed fee basis and/or
      from $200 to $500 on an hourly rate basis, depending upon the level and scope of the services and the
      professional rendering the financial planning and/or the fiduciary consulting services. If the client engages
      Allodium for additional investment management services, Allodium may offset all or a portion of its fees
      for those investment management services based upon the amount paid for the financial planning and/or
      fiduciary consulting services.

      Prior to engaging Allodium to provide standalone financial planning and/or fiduciary consulting services,
      the client is required to enter into a written Agreement with Allodium setting forth the terms and conditions
      of the engagement. Allodium requires one-half of the fee (estimated hourly or fixed) payable upon entering
      the written Agreement. The balance is due upon completion of the agreed upon services.

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      Fees Charged by Financial Institutions

      As further discussed in Item 12, Allodium generally recommends that clients under Allodium’s Wealth
      Management, Fiduciary Management or Investment Management Consulting Agreements utilize the
      brokerage and clearing services of Charles Schwab & Co., Inc. (“Schwab”) for investment management
...

Item 7. Types of Clients
      Allodium provides its services to individuals, foundations, endowments, pension and profit-sharing plans,
      trusts, estates, charitable organizations, corporations and business entities.

      Minimum Fee

      As a condition for starting and maintaining a relationship under Allodium’s Wealth Management and
      Fiduciary Management Agreements, Allodium imposes a minimum quarterly fee of $2,500. This minimum
      fee will make Allodium’s service impractical for certain clients, particularly those with portfolios with less
      than $1,000,000 under Allodium’s management, and so Allodium typically recommends clients with less
      than $1,000,000 under Allodium’s management to use the Allodium Portfolios platform. Allodium, in its
      sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future
      earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related
      accounts, account composition, pre-existing client, account retention, and pro bono activities.

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