Apex Capital Management LLC

Item 5 – Fees and Compensation

In addition to the information provide in Item 4, Advisory Business, this section provides additional
details regarding our services along with descriptions of each service’s fees and compensation
arrangements.

Financial Planning and Consulting

We provide financial planning and consulting tailored to your needs and concerns, offering advice on both
investment and non-investment matters. Our plans are written and can be comprehensive or segmented.

    •   A comprehensive plan looks at your entire financial situation, helping you set and prioritize goals,
        create strategies and time frames for achieving them, and address weaknesses while building on
        strengths.
    •   A segmented plan focuses on specific concerns, but keep in mind that other important financial
        aspects may not be considered in the analysis and recommendations.

Our financial plans cover education, estate, retirement, tax planning, risk management, and asset
management. We meet with you to gather the necessary information and documents to assess your needs
and goals. Multiple meetings may be needed to ensure we have all the details and determine the services
best suited to you. Since we rely on the information you provide, it must be complete and accurate. We do
not verify information from you or your other professionals, such as your attorney or accountant.

Our services do not include legal advice. We urge you to work closely with your attorney, accountant, or
other professional consultants regarding your financial and personal situation. We also request that you
notify us if there is ever a change in your financial situation or investment objectives so that we can review,
evaluate and/or revise any prior recommendations made or services provided.

After completing a review and analysis of the information and documents received, our representatives
develop their analyses and recommendations and present the written plan. All of our recommendations
are generic in nature and are not limited to any specific product or service offered by the financial services
industry.

Apex Capital Management, LLC                                                                 Disclosure Brochure

Consultation services can be contracted for, in conjunction with a financial plan, or separately.
Consultations can cover any topic or topics of interest to you, including discussions about a previously
prepared financial plan.

Fees for segmented financial planning and consultations are charged at an hourly rate of $285. You will
be invoiced for the actual time spent on the services. Fees are payable when the financial plan is
presented, or the consultations are completed.**

The minimum fee for a comprehensive financial plan is $2,500. If the estimated time to complete the plan
exceeds 9 hours, we will contact you for permission before continuing with the services. For
comprehensive plans, you will be invoiced the minimum fee of $2,500, and if applicable, the additional
hours spent on the services at $285 per hour. Fees are payable when the financial plan is presented, or
the consultations are completed. **

** All fees are due within 30 days of receiving our billing notice (invoice).

Financial planning services terminate upon presentation of the plan or completion of the consultations.
However, either party has the ability to terminate services at any time by providing written notice to the
other party. Termination is effective upon receiving the notice. If services are terminated within five
business days of executing an agreement for services, services are terminated without penalty. You are
responsible for the time expended to the effective date of termination. We provide you with a billing notice
detailing the time spent and fees due and payable from you.

You have sole discretion about whether or not to contract for our services. In addition, you have sole
discretion about whether or not to implement any financial planning recommendations made by our
representatives. If you do decide to implement the recommendations, you are responsible for taking any
actions or implementing any transactions required; you are free to select any advisor, broker/dealer,
insurance agent, or other professional to implement the recommendations.

If you elect to implement our recommendations through our asset management programs described
elsewhere in this Disclosure Brochure, we receive on-going fees. In this case, we may waive or reduce
the financial planning fee as a result of the on-going fees received. When considering whether to waive or
reduce the financial planning fee, we consider our history and relationship with you and/or our affiliated
accounting firm, other advisory accounts you may have and possible future advisory services.

Please see Additional Compensation, below, Item 10, Other Financial Activities and Affiliations, and

Item 7 – Types of Clients

We generally provide investment advice to the following types of clients:

    •   Individuals (including high-net worth individuals)
    •   Pension and profit sharing plans
    •   Trusts, estates, or charitable organizations
    •   Corporations or business entities other than those listed above

Apex Capital Management, LLC                                                                Disclosure Brochure

Minimum Investment Amounts Required

We do not require any minimum investment amount or conditions to establish a managed account. The
minimum fee for asset management services is $500; the minimum fee for segmented financial planning is
$285, and the minimum fee for a comprehensive financial plan is $2,500.