Arborstone Financial LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
agreement with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid in arrears of each month, pursuant to the terms of the wealth management
agreement. Wealth management fees are based on the market value of assets under management at the end of the
month. Wealth management fees are based on the following blended tier schedule:

                                Assets Under Management ($)                  Annual Rate (%)
                                       Up to $500,000                            1.25%
                                   $500,001 to $1,000,000                        1.00%
                                  $1,000,001 to $2,000,000                       0.90%
                                  $2,000,001 to $3,000,000                       0.80%
                                  $3,000,001 to $4,000,000                       0.70%
                                  $4,000,001 to $5,000,000                       0.60%
                                       Over $5,000,000                           0.50%

Certain legacy clients may be charged fees that differ from the tiered schedule above. The wealth management fee
in the first month of service is prorated from the inception date of the account[s] to the end of the first month. Fees
may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the aggregate
assets under management with the Advisor. All securities held in accounts managed by ArborStone Financial will be
                                                  ArborStone Financial, LLC
                                10 New England Business Center Dr. Suite 109, Andover, MA 01810
                                Phone: 978-269-6344 | Website: Https://www.arborstonefinancial.com

independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to
ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers – As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment
portfolio utilizing one or more Independent Managers. To eliminate any conflict of interest, the Advisor does not earn
any compensation from an Independent Manager. The Advisor will only earn its investment advisory fee as described
above. The Advisor will allocate a portion of the advisory fee collected to the Independent Manager pursuant to the
terms of the executed agreement between the Advisor and the Independent Manager. The total blended fee, including
the Advisor’s fee and the Independent Manager’s fee, will not exceed 2.00% annually.

Estate Planning Services
ArborStone Financial offers estate planning services as part of its wealth management services. The Advisor also offers
stand-alone estate planning services for a fixed engagement fee ranging up to $3,000 per engagement. Fees may be
negotiable based on the nature and complexity of the services to be provided and the overall relationship with the
Advisor. An estimate for total costs will be determined prior to engaging for these services.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the respective month end date. The amount due is calculated by applying the monthly
rate (annual rate divided by 12) to the total assets under management with ArborStone Financial at the end of each
month. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the
wealth management fee. Clients are urged to also review and compare the statement provided by the Advisor to the
brokerage statement from the Custodian, as the Custodian does not perform a verification of fees. Clients provide
written authorization permitting wealth management fees to be deducted by ArborStone Financial to be paid directly
from their account[s] held by the Custodian as part of the wealth management agreement and separate account
forms provided by the Custodian.

Use of Independent Managers – For Client accounts implemented through an Independent Manager, the Client’s
overall fees may include ArborStone Financial’s wealth management fee (as noted above) plus investment
management fees and/or platform fees charged by the Independent Manager[s], as applicable. In certain instances,
the Independent Manager or the Advisor may assume responsibility for calculating the Client’s fees and deduct all
fees from the Client’s account[s].

Estate Planning Services
Estate planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the estate
planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than ArborStone Financial, in connection
with investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge
securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms
...

Item 7 – Types of Clients

ArborStone Financial offers investment advisory services to individuals, high net worth individuals, trusts, and estates.
ArborStone Financial generally does not impose a minimum relationship size.