Austin Money Management Corporation

Item 5 Fees and Compensation
Asset Management Fees
Pursuant to an investment advisory contract signed by each client, the client will pay AMMC an annual
management fee of up to 1.00%, payable monthly or quarterly, in advance or in arrears, as agreed between the
client and Advisor. The fee will be calculated based on the value of portfolio assets of the account managed by
the Advisor as of the depending on the agreed upon billing arrangement. New account fees will be prorated
from the inception of the account to the end of the first quarter.

   •   AMMC’s maximum fee of 1.00% applies to both the wrap fee and investment management fee only
       (“non-wrap fee”) arrangements.

These fees may be negotiated at the sole discretion of the Advisor. Asset management fees will be directly
deducted from the client account by the qualified custodian. The client will give written authorization
permitting the Advisor to be paid directly from their account held by the custodian. The custodian will send a

statement at least quarterly directly to the client. Where it is not practical to have the Advisor’s fee deducted
directly from the client account, client will be sent an invoice for any outstanding advisory fees due.

Hourly Fee
Some clients will contract to have investment advisory advice and/or financial planning advice provided based
on an hourly fee rather than based on the assets under management. The Advisor’s hourly fee will be billed at a
rate of $500 per hour, but may be negotiated in advance at the sole discretion of the Advisor. Hourly fee-based
clients are billed on a monthly basis upon completion of work performed.

Fixed Fees
AMMC offers a fixed fee for ongoing comprehensive financial planning services that generally ranges from
$5,000 to $10,000 but are negotiable and can exceed $10,000 based on the scope and complexity of an
engagement as well as the amount of time and expertise required. Fixed fees are generally paid 50% in advance
and 50% upon completion.

Pension Consulting Fees
Plan Sponsors will pay the Advisor, as compensation for its services, a consulting fee at an annual rate of up to
1.00% of assets in the Plan. The consulting fee is payable monthly or quarterly, in arrears, based on the fair
market value of assets in the Plan at the end of each quarter. The consulting fee in the first quarter of the
Agreement shall be prorated from the inception date to the end of the quarter. Fees are negotiable at the sole
discretion of the Advisor.
The Plan Sponsor and the Advisor may agree, from time to time, that the Advisor be compensated for
additional non-investment related duties outside the normal scope of this Agreement on an hourly basis of
$500 per hour. In such cases, the additional duties and hourly rate of compensation shall be agreed to by both
parties, in advance, by execution of a separate agreement. Invoices and terms of payment, in such cases, will
be as expressed in the previous paragraph.

For each of the Advisor's services described above, the Client may terminate these services within five business
days of the effective date of an Agreement signed with the Advisor without any payment of the Advisor's fee.

All fees paid to AMMC for investment advisory services are separate and distinct from the expenses charged by
mutual funds to their shareholders. These fees and expenses are described in each fund’s prospectus. These fees
will generally include a management fee and other fund expenses.

At no time will AMMC accept or maintain custody of a client’s funds or securities except for authorized fee
deduction. In the non-wrap fee pricing option, client is responsible for all custodial and securities execution fees
charged by the custodian and executing broker-dealer. In the wrap fee pricing option securities transaction fees
are included in the advisory fee (with the exception of transaction costs embedded in mutual funds, which are
deducted from the net asset value of mutual fund shares and indirectly paid by clients). Therefore, in the non-
wrap pricing option, the client will pay the asset management fee solely for advisory services and will also
directly pay any transaction costs assessed by the executing broker-dealer or custodian, such as commissions
and transaction fees. In the wrap fee pricing option the asset management fee includes the investment advisory
services as well as all transaction costs and the client pays only that asset management fee and no other costs

concerning the trading and maintaining of the account. Generally, clients in the wrap fee accounts, with the
transaction and custody costs included, will pay a higher fee than the advisory fee in non-wrap fee accounts
where those costs are not included in the fee. The specific arrangement for each client will be negotiated and
defined in the investment advisory contract signed by each client.

Neither AMMC nor its supervised persons accept commission compensation for the sale of securities or other
investment products (except insurance products as described in Item 10 below), including sales charges or
service fees from the sale of mutual funds.

Money Managers and Product Sponsors
Investment advisor representatives will, on occasion, have an opportunity to attend a training event or
participate in a due diligence visit where the Money Manager or Product Sponsor will cover the associated
travel expenses such as airfare, hotel and meals. Training opportunities are often held at luxury resorts where
amenities such as golf, spas and entertain are provided. Such accommodations represent a conflict of interest
that can influence the evaluation of the Money Manager or Product sponsor based on factors other than the
quality of services.

Item 7 Types of Clients
The Advisor will offer its services to individuals, banks or thrift institutions, pension and profit sharing plans,
trusts, estates, charitable organizations, and corporations or other business entities.

   •   AMMC does not have any minimum requirements for opening or maintaining an account.