American Asset Management Inc

Item 5 Fees and Compensation
Description
While our annual fee is generally 1.00% of assets under management, we reserve the right to
negotiate up or down not to exceed an annual rate of 2.50% of assets under management.

Fee Billing
Investment management fees are billed quarterly, in arrears. Meaning that we invoice you after the
three-month billing period has ended. Fees are deducted from the designated client account to
facilitate billing. The client must consent in advance to direct debiting of their investment account but
this is the only way we operate.

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 imposed by the
broker-dealer or custodian through whom your account transactions are executed. 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.

We may trade client accounts on margin. Each client must sign a separate margin agreement before
margin is extended to that client account. Fees for advice and execution on these securities are based
on the total asset value of the account, which includes the value of the securities purchased on margin.
While a negative amount may show on a client's statement for the margined security as the result of a
lower net market value, the amount of the fee is based on the absolute market value. This creates a
conflict of interest where we have an incentive to encourage the use of margin to create a higher
market value and therefore receive a higher fee. The use of margin may also result in interest charges
in addition to all other fees and expenses associated with the security involved.

IRA Rollover Considerations
As part of our investment advisory services to you, we may recommend that you withdraw the assets
from your employer's retirement plan and roll the assets over to an individual retirement account
("IRA") that we will manage on your behalf. If you elect to roll the assets to an IRA that is subject to our
management, we will charge you an asset-based fee as set forth in the agreement you executed with

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our firm. This practice presents a conflict of interest because persons providing investment advice on
our behalf have an incentive to recommend a rollover to you for the purpose of generating fee-based
compensation rather than solely based on your needs. You are under no obligation, contractually or
otherwise, to complete the rollover. Moreover, if you do complete the rollover, you are under no
obligation to have the assets in an IRA managed by our firm.

Many employers permit former employees to keep their retirement assets in their company plan. Also,
current employees can sometimes move assets out of their company plan before they retire or change
jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options
are available, you should consider the costs and benefits of each.

An employee will typically have four options:
1. Leaving the funds in your employer's (former employer's) plan.
2. Moving the funds to a new employer's retirement plan.
3. Cashing out and taking a taxable distribution from the plan.
4. Rolling the funds into an IRA rollover account.

Each of these options has advantages and disadvantages and before making a change we encourage
you to speak with your CPA and/or tax attorney.

If you are considering rolling over your retirement funds to an IRA for us to manage here are a few
points to consider before you do so:
1. Determine whether the investment options in your employer's retirement plan address your needs
or whether you might want to consider other types of investments.
     a. Employer retirement plans generally have a more limited investment menu than IRAs.
     b. Employer retirement plans may have unique investment options not available to the public such
     as employer securities, or previously closed funds.
2. Your current plan may have lower fees than our fees.
     a. If you are interested in investing only in mutual funds, you should understand the cost structure
     of the share classes available in your employer's retirement plan and how the costs of those share
     classes compare with those available in an IRA.
     b. You should understand the various products and services you might take advantage of at an
     IRA provider and the potential costs of those products and services.
3. Our strategy may have higher risk than the option(s) provided to you in your plan.
4. Your current plan may also offer financial advice.
5. If you keep your assets titled in a 401k or retirement account, you could potentially delay your
required minimum distribution beyond age 70.5.
6. Your 401k may offer more liability protection than a rollover IRA; each state may vary.
     a. Generally, federal law protects assets in qualified plans from creditors. Since 2005, IRA assets
     have been generally protected from creditors in bankruptcies. However, there can be some
     exceptions to the general rules so you should consult with an attorney if you are concerned about
     protecting your retirement plan assets from creditors.
7. You may be able to take out a loan on your 401k, but not from an IRA.
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Item 7 Types of Clients
Description
AAM generally provides investment advice to individuals, pension and profit-sharing plans, trusts,
estates, or charitable organizations, partnerships, corporations, and investment companies.

Account Minimums
AAM requires a minimum account size of $250,000.00; however, this minimum account size may be
waived at our sole discretion.