Bason Asset Management LLC

Item 5 - Fees and Compensation
Bason Asset Management is compensated only by the fees paid by its clients. Bason and its
representatives are not affiliated with a broker/dealer or insurance broker, and as such do not carry
licenses necessary to receive securities or insurance commissions. Fees for services provided under

Bason’s Asset Management Agreement currently include an initial flat fee for initial portfolio design
and set-up that ranges from $1,500 and $3,000 depending upon the scope and complexity of the
services required and an ongoing annual fee of $5,800 per client or $1,450 per quarter. Unless
waived, the flat fee for initial portfolio design and set-up is due at the time Bason provides the client
with the initial planning recommendations, and such fee is payable by check or ACH. Ongoing annual
fees for services provided under Bason’s Asset Management Agreement are paid quarterly in
advance, and should a client terminate the relationship with Bason, the unearned portion of the
retainer fee will be refunded. Clients terminating their contract with Bason within the first five days
are entitled to a full refund. Clients may elect to pay this fee directly or have the fee deducted
quarterly from investment accounts. Please refer to Item 15 for information regarding fees deducted
from investment accounts. Our fees are not tied to the value of the client’s investment portfolio. We
feel strongly that this structure is the most equitable to investors and helps to reduce the conflicts of
the asset-gathering model. Bason's retainer fee is negotiable under certain circumstances.

Clients may incur fees from the custodian selected to provide services related to record keeping, tax
reporting and statement production. These fees may include IRA and retirement account annual fees,
nominal trade ticket charges or banking fees. No portion of these fees is retained by or remitted to
Bason.

Clients who choose not to engage Bason for services under the Asset Management Agreement may
choose to engage Bason for financial planning services on a per-project basis. A typical project
engagement fee is $3,000 - $4,000 and is billed in arrears not less frequently than quarterly. Clients
may terminate this agreement within 5 calendar days of signing and receive a full refund of any
unearned fees paid. Clients otherwise terminating this agreement outside of the 5-day window will
receive a pro-rated refund of unearned fees.

Item 7 - Types of Clients
 Our firm works primarily with individuals and families but also serves retirement plans, foundations,
endowments, and other non-profit organizations.