Alphapoint Inc

Item 5: Fees and Compensation

                        PENSION AND RETIREMENT PLAN CONSULTING FEES
The annual fee for Investment Supervisory Services is charged generally as a flat dollar amount,
according to the following schedule:

                            Portfolio Value                            Annual Fee

                             Less than $10 million                      $6,000.00
                             $10 - $14.99 million                       $8,000.00

                             $15+ million                              $12,000.00

                             $50+ million                              $25,000.00
                             $100+ million                             $35,000.00

Limited Negotiability of Advisory Fees: Although AlphaPoint 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, anticipated future additional assets; related accounts; portfolio style, account composition,
reports, travel costs, among other factors. The specific annual fee schedule is identified in the contract
between the adviser and each client.

AlphaPoint’s fees may be debited from client plan expense accounts, or forfeitures, plan assets or billed
on a separate invoice as determined by the client. Clients are billed on a semi-annual or quarterly
billing. AlphaPoint does not charge a different amount based on the frequency of billing.

                                    FINANCIAL PLANNING SERVICES
 AlphaPoint charges individuals an hourly fee for investment consulting services, rather than a retainer
arrangement (which was previously used for a limited number of clients). These services are focused on
investment consulting and fund analysis, such as providing evaluations and recommendations of balanced funds
or similar investment options.
The exact fee to be charged will be based on the extent of the services to be provided and will be agreed
to in writing by the client prior to the commencement of services.

Services are completed and delivered inside of one year from commencement, contingent upon timely
delivery of all required documentation. Client may cancel within five (5) business days of signing
Agreement with no obligation and without penalty. If the client cancels after five (5) business days, any
unearned fees will be refunded to the client, or any unpaid earned fees will be due to AlphaPoint.
AlphaPoint reserves the right to waive the financial planning fee should the client implement the plan
through AlphaPoint.
                                        GENERAL INFORMATION
Termination of the Advisory Relationship: A client agreement may be canceled at any time, by either
party, for any reason upon receipt of 30 days’ written notice. 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. In calculating a client’s reimbursement of fees, we will pro rate the reimbursement
according to the number of days remaining in the billing period.

Mutual Fund Fees: All fees paid to AlphaPoint for investment advisory services are separate and distinct
from the fees and expenses charged by mutual funds, separate accounts 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
accounts that 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, retirement plan recordkeepers, administrators, and broker
dealers, including, but not limited to, any transaction charges imposed by a broker dealer with which an
independent investment manager effects transactions for the client's account(s). Please refer to the
"Brokerage Practices" section (Item 12) of this Form ADV for additional information. The client is
responsible for how retirement plan service provider fees are paid.

ERISA Accounts: AlphaPoint is deemed to be a fiduciary to advisory clients that are employee benefit
plans or individual retirement accounts (IRAs) pursuant to the Employee Retirement Income and
Securities Act ("ERISA"), and regulations under the Internal Revenue Code of 1986 (the "Code"),
respectively. As such, our firm is subject to specific duties and obligations under ERISA and the Internal
Revenue Code that include, among other things, restrictions concerning certain forms of compensation.

To avoid engaging in prohibited transactions, AlphaPoint does not receive or accept commissions,
12b-1 fees or soft-dollar payments from investments, funds and accounts or mutual fund companies.

Advisory Fees in General: Clients should note that similar advisory services may (or may not) be available
from other registered (or unregistered) investment advisers for similar or lower fees.

Limited Prepayment of Fees: Under no circumstances do we require or solicit payment of fees more
than six months in advance of services rendered.

Item 7: Types of Clients

AlphaPoint provides advisory services to the following types of clients:
  •   Pension and profit-sharing plans (other than plan participants)

AlphaPoint does not have a minimum account size requirement for opening or maintaining an account.