Artifex Financial Group LLC

Item 5 - Fees And Compensation

Personal Wealth Management Services Fee

The fee for Personal Wealth Management Services is based on a client’s net worth (assets
less liabilities, but excluding the value of the client’s primary residence) calculated at time
the advisory agreement is entered into in accordance to the following schedule:

                     Net Worth                   Annual Fee          Quarterly Fee
      $0.00 to $499,999.00                         $5,000.00           $1,250.00
      $500,000.00 to $999,999.00                   $8,750.00           $2,187.50
      $1,000,000.00 to $1,499,999.00              $10,000.00           $2,500.00
      $1,500,000.00 to $2,000,000.00              $12,500.00           $3,125.00
      $2,000,000.00 to $2,999,999.00              $15,000.00           $3,750.00
      $3,000,000.00 to $5,000,000.00              $20,000.00           $5,000.00
      $5,000,001.00 to $7,500,000.00              $25,000.00           $6,250.00
      $7,500,001.00 to $10,000,000.00             $32,500.00           $8,150.00
      $10,000,001.00 to $15,000,000.00            $40,000.00          $10,000.00
      $15,000,001.00 to $20,000,000.00            $47,500.00          $11,875.00
      $20,000,001.00 to $25,000,000.00            $55,000.00          $13,750.00
      25,000,001.00 to $30,000,000.00             $62,500.00          $15,625.00
      $30,000,001.00 to $35,000,000.00            $70,000.00          $17,500.00
      $35,000,001.00 to $40,000,000.00            $77,500.00          $19,375.00
      $40,000,001.00 to $45,000,000.00            $85,000.00          $21,250.00
      $45,000,000.00 to $50,000,000.00            $92,500.00          $23,150.00
      Over $50,000,000.00                         Negotiable          Negotiable

There is a $5,000 minimum annual fee for Personal Wealth Management Services. Details of
the advisory fee charged are more fully described in the advisory agreement entered into
with each client. This service is based on the client and AFG entering into an annual
agreement which will renew automatically unless one party provides the other party with
prior written notice that they wish to discontinue the relationship. For fee purposes, the
client’s net worth will be recalculated as of the agreement’s renewal date. Advisory fees are
collected quarterly in advance at the beginning of each calendar quarter.

Investment Management Services Fee

The annual fee for the Investment Management Services is charged as a percentage of assets
under management in accordance with the following schedule:

                 Assets Under Management                       Annual Fee
      $0.00 to $499,999.00                                       1.25%
      $500,000.00 to $999,999.00                                 1.00%
      $1,000,000.00 to $1,999,999.00                             0.75%
      $2,000,000.00 to $2,999,999.00                             0.50%
      $3,000,000.00 to $5,000,000.00                             0.25%

Details of the Investment Management Services fees charged are more fully described in the
advisory agreement entered into with each client. Clients will be billed in advance at the
beginning of each calendar quarter, based upon the value (market value or fair market value
in the absence of market value), of the client's portfolio at the end of the previous quarter.

401(k) Retirement Consulting Services Fee

Fiduciary Services Fees

The fee for the Fiduciary Services may be paid in one of two ways:

1.   As a percentage of assets under management according to the following schedule:

                 Assets Under Management                 Maximum Annual Fee
      $0.00 to $2,500,000.00                                   1.50%
      $2,500,000.01 to $5,000,000.00                           1.00%
      $5,000,000.00 to $7,500,000.00                           0.75%
      $7,500,000.01 to $10,000,000.00                          0.50%
      $10,000,000.01 to $15,000,000.00                         0.35%
      $15,000,000.01 to $30,000,000.00                         0.25%
      $30,000,000.01 to $50,000,000.00                         0.15%
      $50,000,000.01 to $100,000,000.00                        0.10%
      $100,000,000.01 to $200,000,000.00                       0.08%
      Over $200,000,000.00                                     0.05%

     Details of the Fiduciary Services fee charged are more fully described in the advisory
     agreement entered into with each client. Clients will be billed in advance at the
     beginning of each calendar quarter, based upon the value (market value or fair market
     value in the absence of market value), of the client’s portfolio at the end of the previous
     quarter.

2.   As a fixed fee to be determined on a client-by-client basis. The fixed fee is payable
     quarterly in advance. Details of the fixed fee charged is more fully described in the
     advisory agreement entered into with each client.

Non-Fiduciary Services Fees

The fee for the Non-Fiduciary Services will be paid in one of two ways:

1.   As a fixed fee to be determined on a client-by-client basis. Fifty percent (50%) of the
     fixed fee shall be payable upon execution of this Agreement, with the balance payable
     upon completion of the services.

2.   On an hourly basis at a rate not to exceed $250 with a minimum charge of $2,500. The
     estimated number of total hours for the services to be performed will be provided prior
     to entering into the advisory agreement. Fifty percent (50%) of the fixed fee shall be
     payable upon execution of this Agreement, with the balance payable either upon
     completion of the services or monthly in arrears.

Details of the Non-Fiduciary Services fee charged are more fully described in the advisory
agreement entered into with each client.

Project-Based Services Fee
...

Item 7 - Types of Clients

AFG provides advisory services to individuals, including high net worth individuals, banks or
thrift institutions, investment companies, pension and profit sharing plans, trusts, estates,
or charitable organizations, corporations or business entities. Client relationships vary in
scope and length of service.

Engaging the Services of AFG

All clients wishing to engage AFG for investment advisory services must first complete the
applicable investment advisory agreement as well as any other document or questionnaire
provided by AFG. The investment advisory agreement describes the services and
responsibilities of AFG to the client. It also outlines AFG’s fee in detail. In addition, clients
must complete certain broker-dealer/custodial documentation. Upon completion of these
documents, AFG will be considered engaged by the client.

Clients are responsible for ensuring that AFG is informed in a timely manner of changes in
investment objectives and risk tolerance.

Conditions for Managing Accounts

Personal Wealth Management Services

There is no minimum net worth requirement for Personal Wealth Management Services
provided, however, that there is a minimum annual fee of $5,000.

Investment Management Services

AFG requires new clients have a minimum account of $500,000.00 for Investment
Management Services, although AFG retains the right to reduce or waive this minimum
account size in its sole discretion. AFG may combine related household accounts for fee
calculation purposes. Exceptions to the minimum account size will apply to employees of
AFG and their relatives, or relatives of existing clients. In addition, AFG reserves the right
to refuse to accept proposed portfolio management responsibilities or to resign from the
management of any individual account.

401(k) Retirement Consulting Services

There is no minimum account size for 401(k) Retirement Consulting Services although there
is a minimum fee of $5,000 for Non-Fiduciary Services when charged on an hourly basis.

Project Services and Consulting Services

There is no minimum account size or annual fee for either Project-Based Services or
Consulting Services.

Sub-Advisory Services Fees

AFG requires that the clients of new Sub-Advisory Services clients have a minimum account
of $125,000, although AFG retains the right to reduce or waive this minimum account size in
its sole discretion.