AssetBuilder Inc

Fees and Compensation
       AssetBuilder offers advisory services on a fee basis, which includes
       consulting arrangements fixed and/or hourly fees, as well as fees
       based upon assets under management or advisement.
   Investment Management Fees
       At the beginning of each month, clients pay to AssetBuilder a fee
       calculated at an annual rate as indicated in the fee table below. The
       standard billing calculation is:

        Billed Market Value x Fee Rate x (Days in Cycle/365) = Fee Amount

       The fee is based upon the value of the client’s assets held during the
       previous calendar month. The fee amount may be adjusted
       according to cash flows in and out of the account during the fee
       cycle. AssetBuilder’s fee schedule is as follows:

               Value of Assets                                        Annual Fee

        $ 0 - $ 350,000                                .90 of one percent (90 basis points)

        $ 350,000 - $ 600,000                          .70 of one percent (70 basis points)

        $ 600,000 - $ 1,000,000                        .60 of one percent (60 basis points)

        $ 1,000,000 - $ 4,000,000                      .40 of one percent (40 basis points)

        $ 4,000,000 – and above                        .35 of one percent (35 basis points)

       AssetBuilder is not compensated on the basis of a share of capital
       gains upon or capital appreciation of the funds or any portion of the
       funds of the client.

    AssetBuilder reserves the right to provide its services to other types of
    clients (such as participants in 401(k) plans) and in other contexts.
    AssetBuilder also reserves the right to vary its fee structure for such
    other types of clients and in such other contexts.

Financial Planning and Consulting Fees
    AssetBuilder charges a fixed fee for providing financial planning and
    consulting services under a stand-alone engagement. These fees are
    negotiable but range from $3,500 to $6,000 annualized on a fixed fee
    basis depending upon the scope and complexity of the services and
    the professional rendering of the financial planning and/or the
    consulting services. AssetBuilder also provides hourly financial
    planning at a rate of up to $350 per hour. The terms and conditions of
    the financial planning and/or consulting engagement are set forth in
    an advisory agreement. AssetBuilder requires full payment of the fee
    (estimated hourly or fixed) payable upon execution of the advisory
    agreement. The Firm does not, however, take receipt of $1,200 or
    more in prepaid fees more than six months in advance of services
    rendered.

Investment Management Fee Billing
    All fees are billed pro rata, in arrears for the period covered, between
    the 1st and 15th of the month following the end of the previous
    calendar month. The advisory fee owed to AssetBuilder for any period
    of time less than a full calendar month shall be prorated based upon
    the proportion of time the incomplete period bears to the full-month
    period.
    It is further agreed by and between the parties that the client bears the
    cost of all securities purchased for the client as well as taxes, interest
    (if any), brokerage fees and commissions and custodian charges (if
    any).
    AssetBuilder, in its sole discretion, may charge a lesser investment
    advisory fee based upon certain criteria (e.g., historical relationship,
    type of assets, anticipated future earning capacity, anticipated future
    additional assets, dollar amounts of assets to be managed, related
    accounts, account composition, negotiations with clients, etc.).

Other Fees
    The account qualified custodian/clearing agent for the investment
    management accounts imposes a fee for executing transactions and
    other custodial services in each client account. These charges are not
    retail broker commissions, and no part of the transaction charge is
    paid to AssetBuilder.

    The fees and charges imposed by the clearing agent are in exchange
    for facilitating the execution of trades and for the custody of the assets
    in the client’s account. In addition to transaction charges, the
    custodian may also impose various fees for transferring securities and
    for other services. These transaction fees are subject to change
    without warning.
    All brokerage commissions, stock transfer fees, and other similar
    charges incurred in connection with transactions for the account are
    in addition to the investment management fees paid to AssetBuilder.
    The client bears responsibility for verifying the accuracy of fee
    calculations.

Expense Ratios
    Mutual funds generally charge a management fee for their services as
    investment managers. The management fee is called an expense
    ratio. For example, an expense ratio of 0.50 means that the mutual
    fund company charges 0.5% for their services. These fees are in
    addition to the fees paid by you to AssetBuilder.
    Performance figures quoted by mutual fund companies in various
    publications are after their fees have been deducted.

Past Due Accounts and Termination of Agreement
    If an AssetBuilder client account becomes delinquent with regard to
    management fees. AssetBuilder will follow the account termination
    process as defined in the asset management agreement.

Item 5. Performance-Based Fees

    Sharing of Capital Gains
        AssetBuilder does not use a performance-based fee schedule.

Item 6. Types of Clients

    Description
        AssetBuilder generally provides investment advice to individuals,
        pension and profit-sharing plans, trusts, estates, charitable
        organizations, corporations or business entities.

        Client relationships vary in scope and length of service.

    Account Minimums
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