Arcadia Investment Advisors LLC

Item 5: FEES AND COMPENSATION
 Our fees for investment advisory services are as follows:

          If client’s billable AUM is less than $1 million:

          1.0% annual fee is charged for the management of equities up to $1,000,000.
          .3% for fixed income.

          If Client’s billable AUM is more than $1 million:

          .9% annual fee is charged for the management of equities up to $1,000,000.
          .3% annual fee is charged for the management of equities in excess of $1,000,000.
          .3% annual fee is charged for the management of all fixed-income investments.
          If client’s billable AUM is over $5 million:
          Flat fee of $21,000/year

Our fees are calculated in arrears and are typically paid to Arcadia directly from the client’s brokerage
account(s) on a quarterly basis in January, April, July and October. At the time fees are deducted each
quarter, we provide clients with a fee calculation based on the client’s portfolio balance at quarter end
along with their quarterly reports. We urge you to compare statements you receive from us with the
statements you receive from your custodian, and to contact us if you believe there are any
discrepancies. In cases where fees are not automatically deducted from a client’s account, a bill is sent
and fees are due upon receipt. At our discretion, some assets may be excluded from the fee calculation.
Fees may be amended from time to time by Arcadia. If changes do occur, our clients will receive written
notice at least 60 days in advance.

Our fees are not negotiable. However, in some cases, clients receive the same services at a reduced
rate or at no charge. This is available for immediate family members or other clients on a case-by-case
basis.

General Information

Termination of the Advisory Relationship: Arcadia or the client may terminate the service agreement
at any time with notice by telephone, or in writing, to the other party. Fees will be prorated for the
last date services were rendered and are due immediately upon receipt. If you choose to terminate
our services within five (5) business days of signing the service agreement, no fees will be charged.

We are a fee only advisory firm, which means our only compensation comes directly from our clients.
Arcadia and our advisors do not receive commissions or compensation of any kind from any other
financial services firms.

Mutual Fund Fees: All fees paid to Arcadia for investment advisory services are separate and distinct
from the fees and expenses charged by mutual funds 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 will 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 funds 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 and imposed by 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.
Grandfathering of Minimum Account Requirements: Pre-existing advisory clients are subject to
Arcadia's minimum account requirements and advisory fees in effect at the time the client entered
into the advisory relationship. Therefore, our firm's minimum account requirements will differ
among clients.
ERISA Accounts: Arcadia 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, Arcadia may only charge fees for
investment advice about products for which our firm and/or our related persons do not receive any
commissions or 12b-1 fees.
When we provide any rollover recommendations (e.g. from your employer’s retirement plan, such as
a 401(k), 457, or ERISA 403(b) account to individual retirement accounts), we are acting as fiduciaries
within the meaning of Title I of the ERISA and/or the Internal Revenue Code (“IRC”), as applicable,
which are laws governing retirement accounts. If you elect to roll the assets to an IRA we will
manage for you, we will charge you an advisory fee. This financial incentive creates a conflict of
interest. You are under no obligation 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.

Due to the conflict of interest when we make rollover recommendations, we operate under rules
that require us to act in your best interests and not put our interests ahead of yours. These rule’s
provisions require us to:

       meet a professional standard of care when making investment recommendations (i.e., give
        prudent advice);
       never put our financial interests ahead of yours when making recommendations (i.e., give
...

Item 7: TYPES OF CLIENTS
Our services are offered to individuals, trusts, pension plans, non-profits, profit sharing plans and others.
Most of our clients are individuals and families.

Our minimum portfolio for new clients is $100,000. Portfolios may be comprised of multiple account
registrations, including joint, trust, IRA, 401(k), 403(b), other retirement accounts, minor children’s
accounts or others. Account minimums may be waived at our discretion.