Avise Financial Cooperative Inc

Item 5: Fees and Compensation
Please note, unless a Client has received the firm’s Disclosure Brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the Client within five (5)
business days of signing the contract without incurring any advisory fees. How we are paid depends on the type of
advisory service we are performing. Please review the fee and compensation information below.

Investment Management Services (Avise Manages)
Our standard advisory fee is based on the market value of the assets under management and is calculated as
follows: The annual fees are pro-rated and paid in advance or arrears on a monthly or quarterly basis, as stated in
the client agreement, based on the account balance at the end of the previous month. The annual advisory fee will
not exceed 2% of the market value of all assets under management. Fees on assets under management are
negotiable. No increase in the annual fee shall be effective without agreement from the Client by signing a new
agreement or amendment to their current advisory agreement.

We calculate period-end account values after all dividends settle in the account. Therefore, the account value used
to calculate advisory fees may differ from that of the custodial account statement. Our billing invoice will indicate
the total account value used to calculate the advisory fee.
The fee schedule above does not include the Outside Manager’s fees. The Outside Manager’s fees will not exceed
1.25%. Total fees charged by both parties will not exceed 2% of assets under management per year.
Advisory fees are directly debited from Client accounts. Accounts initiated or terminated during the calendar
month or quarter will be charged a pro-rated fee based on the amount of time remaining in the billing period. An
account may be terminated with written notice at least 15 calendar days in advance. When fees are paid in arrears,
no refund will be needed upon termination of the account. When fees are paid in advance, any unearned fee will
be refunded to the Client upon termination of the account.
Use of Third-Party Managers, Outside Managers, or Sub-Advisors (TAMPs)
The investment management fee does not include the Outside Manager’s fees. Total fees charged by both parties
will not exceed 2% of assets under management per year.
In some instances, when Outside Managers are leveraged, the Outside Manager (Sub-Adviser) will debit the
client’s account for the Outside Manager’s fee either monthly or quarterly in advance or arrears as stated in the
client agreement, and the firm’s advisory fee will be debited separately. Alternatively, Avise may debit the fee
and remit the portion of the payment due to outside managers, directly to the outside manager. The final agreed
upon arrangement will be clearly notated on the client agreement. No increase in the annual fee shall be effective
without agreement from the Client by signing a new agreement or amendment to their current advisory
agreement.
Accounts initiated or terminated during a calendar month or quarter will be charged a pro-rated fee based on the
amount of time remaining in the billing period. An account may be terminated with written notice at least 15
calendar days in advance. When fees are paid in arrears, no refund will be needed upon termination of the
account. When fees are paid in advance, any unearned fee will be refunded to the Client upon termination of the
account.
Ongoing Financial Planning
Ongoing Financial Planning consists of an ongoing fee that is paid monthly or quarterly, in arrears, at the rate of
up to $18,000 per year based on complexity. The fee may be negotiable in certain cases. Fees for this service may
be paid by electronic funds transfer or check. This service may be terminated with 15 days’ notice. Upon
termination of any agreement, the fee will be prorated and any unearned fee will be refunded to the Client.

Project-Based Financial Planning Fees
Project-Based Financial Planning engagements are offered at an hourly rate up to $500 per hour, depending on
complexity. The total fee will be estimated and outlined in the client contract. The fee may be negotiable in
certain cases with a percentage of the fee due at the beginning of the engagement and the remaining amount due at

the completion of the engagement. The percentage of the fee due in advance will be between 10%-50% of the
total fee and will be agreed upon prior to the start of the engagement. In the event of early termination by the
Client, any fees for the hours already worked will be due and any completed deliverables of the project will be
provided to the Client. If applicable, any prepaid fees will be returned to the Client and any completed
deliverables of the project will be provided to the Client, and no further fees will be charged. Fees for this service
may be paid by check or electronic funds transfer.
Alternatively, Project-Based Financial Planning engagements may also be offered on a fixed fee basis. The fixed
fee will be agreed upon before the start of any work at a rate of up to $30,000 per engagement. The fee may be
negotiable in certain cases with a percentage of the fee due at the beginning of the engagement and the remaining
amount due at the completion of the engagement. The percentage of the fee due in advance will be between 10%-
50% of the total fee and will be agreed upon prior to the start of the engagement. In the event of early termination
by the Client, any fees for the hours already worked will be due and any completed deliverables of the project will
be provided to the Client. If applicable, any prepaid fees will be returned to the Client and any completed
deliverables of the project will be provided to the Client, and no further fees will be charged. Fees for this service
may be paid by check or electronic funds transfer.
Pension Consulting Services
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Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth individuals,
charitable organizations, trusts, estates, pension and profit-sharing plans, and corporations or other businesses.
We do not have a minimum account size requirement.