Asset One Wealth Management LLC

Item 5. Fees & Compensation

Asset One offers services on a fee basis based upon the amount of assets under management or
advisement.

Investment Management and Wealth Management Fees

Asset One offers investment management and Wealth Management services for an annual fee
(“management fee”) based on the amount of assets under Asset One’s management. The annual fee will
not exceed 1.75% per annum.

Asset One may charge clients different fees for assets advised by Asset One that are held away from the
primary custodian.

The management fee is charged quarterly in advance based upon the market value of the assets being
managed as of the last day of the previous calendar quarter. For the initial quarter, the management fee
is charged based on the market value of the assets as of the first day for which investment advisory
services are rendered.

Management fees are prorated where the engagement begins on a day other than the first day of a
calendar quarter, where assets are added on a day other than the first day of a calendar quarter, and
where assets are withdrawn on a day other than the last day of a calendar quarter.

In the event the advisory agreement is terminated on a day other than the last day of a calendar quarter,
the fee for the final billing period is prorated for the number of days for which services are rendered
through the effective date of the termination, and the unearned portion of the fee is refunded to the
client, as appropriate.

Asset One’s management fee includes payment of fees charged by Independent Managers, which will be
disclosed to clients. Clients may be able to obtain services from other third-party managers at rates lower
than those procured by Asset One. For clients with at least $2 million in assets under management with
Asset One, Asset One will provide a one-time credit of up to $10,000 to be utilized for the preparation of
client’s estate planning documents and an annual credit of up to $7,500 for the preparation of client’s tax
returns as part of its family office services made available to such clients.

Retirement Plan Service Fees

Asset One charges an asset-based fee for its retirement plan investment consulting services. This fee is
negotiated with the plan sponsor and is memorialized in the Advisory Agreement with the client. Fees are
charged quarterly or monthly in advance or arrears based on the market value of the plan assets.

Fee Discretion

Asset One can, in its sole discretion, negotiate to charge lesser fees based upon certain criteria, such as
the overall scope of services to be provided to the client, anticipated future earning capacity, anticipated
future additional assets, dollar amount of assets to be managed, related accounts, account composition,
pre-existing/legacy client relationship, account retention, and pro bono activities.

Additional Fees and Expenses

In addition to the advisory fees paid to Asset One, clients also incur certain charges imposed by third
parties, such as fund managers, broker-dealers, custodians, trust companies, banks, and other financial
institutions (collectively “Financial Institutions”). These additional charges include, among others,
securities brokerage commissions; other transaction costs; custodial fees; reporting charges; charges
imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the fund’s prospectus (e.g.,
fund management fees, distribution fees, and other fund expenses); deferred sales charges; odd-lot

differentials; transfer taxes; wire transfer and electronic fund fees; and other fees and taxes on brokerage
accounts and securities transactions. Asset One’s brokerage practices are described at length in Item 12
below.

Direct Fee Debit

Clients provide Asset One with the authority to directly debit their accounts for payment of its investment
management/wealth management fees. The Financial Institutions that act as the qualified custodian for
client accounts, from which Asset One retains the authority to directly deduct fees, have agreed to send
statements to clients not less than quarterly detailing all account transactions, including any amounts paid
to Asset One.

For retirement plan services, plan participants are responsible for paying Asset One’s fees.

Commissions and Sales Charges for the Recommendation of Securities

Clients can engage certain persons associated with Asset One (but not Asset One directly) to render
securities brokerage services under a separate commission-based arrangement. Clients are under no
obligation to engage such persons and may choose brokers or agents not affiliated with Asset One. Under
this arrangement, Asset One’s Supervised Persons, in their individual capacities as registered
representatives of Purshe Kaplan Sterling Investments, Inc. (“PKS”), will provide securities brokerage
services and implement securities transactions under a separate commission-based arrangement.
Supervised Persons may be entitled to a portion of the brokerage commissions paid to PKS, as well as a
share of any ongoing distribution or service (trail) fees from the sale of certain investment products. As a
result, a conflict of interest exists as Asset One has an incentive to recommend PKS to its clients for
brokerage services and products.

Types of Clients

Asset One offers investment management services to individuals, trusts/estates, business entities,
pension and profit sharing plans, and charitable organizations.

Minimum Account Requirements

Asset One does not impose a minimum annual fee or account size to work with Asset One.