Ascent Financial Group LLC

Item 5: Fees and Compensation

A. Fee Schedule

How we are paid depends on the type of advisory service we are performing. Please
review the fee and compensation information below.

Comprehensive Financial Planning & Portfolio Management
Services Fees

Asset-Based Fee

Our standard advisory fee (including separate accounts of insurance products purchased
through DPL as disclosed in Item 4 above) is based on the market value of the assets under
management and is calculated as follows:

        Total Assets Under Management         Annual Advisory Fees
        $0 - $1,500,000                       1.00%

        $1,500,001 - $4,999,999               0.75%

        $5,000,000 +                          0.50%

 AFG advisory clients pay an annualized fee "Advisory Fee" for services rendered by their
financial advisor and AFG. The Advisory Fee is based on the value of assets in the account,
including cash holdings, and is billable quarterly in advance. The Advisory Fee will be
assessed at the beginning of each quarter based on the account value as of the close of
business on the last business day of the preceding quarter. Additional deposits and
withdrawals will be added or subtracted from portfolio assets on a prorated basis to adjust
the Advisory Fee.

These fees are negotiable at our sole discretion, and the final fee schedule will be
memorialized in the client’s advisory agreement. Clients may terminate the agreement
without penalty for a full refund of AFG's fees within five business days of signing the
Investment Advisory Contract. Thereafter, clients may terminate the Investment
Advisory Contract generally with written notice.

Fees associated with AFG’s recommendations to use sub-advisers paid by AFG out of
ordinary business expenses, and come at no additional cost to the client. AFG does not
charge you a separate fee for the selection of other advisers.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are typically withdrawn directly from the client's
accounts with client's written authorization quarterly in advance. Alternatively, the client
may choose to pay from a separate checking account by check, or by ACH withdrawal or
debit/credit card by a third-party payment processor. Fees are paid in advance.

C. Client Responsibility For Third Party Fees

Broker-dealers such as charge brokerage commissions and/or transaction fees for
effecting certain securities transactions (i.e., transaction fees are charged for certain no-
load mutual funds, commissions are charged for individual equity transactions, and
mark-ups and mark-downs are charged for fixed income transactions). The amount of
these commissions and/or transaction fees may vary depending upon a range of factors,
which typically include the following: the broker-dealer/custodian utilized; the total
value of regulatory assets under management held at the applicable custodian; the type
of asset (e.g., equity, ETF, mutual fund, fixed income product). In addition, client accounts
may invest in open-end mutual funds (including money market funds) and ETFs that
have various internal fees and expenses (i.e., management fees), which are paid by these
funds but ultimately borne by clients as a fund shareholder. These internal fees and
expenses are in addition to the fees charged by the Firm. Those fees are separate and
distinct from the fees and expenses charged by AFG. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

AFG collects certain fees in advance and certain fees in arrears, as indicated above. Where
the Firm may request a fee in advance, the amount paid in advance will not be more than
$1,200 per client and 6 months in advance. A client has the right to terminate any contract
with AFG without a penalty assessed by AFG within five (5) business days after entering
into the contract. If the client’s advisory relationship with the Firm terminates, the client
will pay the Firm only for that portion of the quarter during which the advisory contract
was in effect. If the client paid AFG in advance at the beginning of the quarter, AFG will
return to the client the portion of the fees for the time period that the advisory contract
was not in effect. If the client did not pay AFG in advance, the client will pay AFG only
for that portion of the quarter that the advisory contract was in effect. The cancellation of
any contract may be accompanied by the payment of penalties or fees assessed by the
custodian or other third party, and while these penalties or fees should not restrict the
client’s ability to terminate AFG, the client should carefully review all account
documentation before cancellation to determine any other costs or considerations related
to the client’s accounts and assets.

       Refunds for fees paid in advance but not yet earned will be refunded on a prorated basis
       and returned within thirty days to the client via check, or return deposit back into the
       client’s account.

       Fixed fees that are collected in advance will be refunded based on the prorated amount of
       work completed at the point of termination.

       E. Outside Compensation For the Sale of Securities to Clients

       The Firm is an asset-based fee investment management firm. Neither AFG nor its
       supervised persons accept any compensation for the sale of securities or other investment
       products, including asset-based sales charges or service fees from the sale of mutual
       funds.

       E. Fee Deduction Disclosure

       Where the Firm deducts its management fee from client accounts utilizing a qualified
       custodian, the Firm is required to meet the following requirements:
       a.      Possess written authorization from the client to deduct advisory fees from an
       account held by a qualified custodian;
       b.      The firm must send the qualified custodian a written statement detailing the fee
...

Item 7: Types of Clients

AFG generally provides advisory services to the following types of clients:

           •   Individuals
           •   High-Net-Worth Individuals

We do not have a minimum account size requirement.