Bauman Advisory Group LLC

Item 5: Fees and Compensation

Method of Compensation and Fee Schedule
  ASSET MANAGEMENT
  BWA offers discretionary direct asset management services to advisory Clients. Fees for
  these services will be based on a percentage of Assets Under Management. Following is
  BWA’s asset based fee schedule for Asset Management Services:

                                   FEE SCHEDULE
                  Market Value of Assets                              Rate
       Up to $499,999                                                1.50%
       $500,000 to $999,000                                          1.25%
       $1,000,000 to $2,999,999                                      1.00%
       3,000,000 and Up                                              0.85%
       $100 Annual Minimum per Account

       The percentage for the highest range of Managed Asset value achieved applies to
       all Managed Assets, not just Managed Assets within that range.

  Accounts within the same household may be combined for a reduced fee. The annual fee is
  negotiable 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.). Fees are billed quarterly in arrears based on the amount of assets managed as of the
  close of business on the last business day of each quarter, as provided by the custodian(s)
  or other third-party sources. The percentage for the highest range of Managed Asset value
  achieved applies to all Managed Assets, not just Managed Assets within that range. BWA
  fees are typically withdrawn from the Client’s account unless otherwise noted in the
  Client’s Investment Advisory Agreement. The investment management services fee

 charged by the Firm will apply to all of the client’s assets under management, unless
 specifically excluded in the client agreement. Clients may terminate their account within
 five (5) business days of signing the Investment Advisory Agreement with no obligation.
 Clients may terminate advisory services with thirty (30) days written notice. BWA is
 entitled to a pro rata fee for the days service was provided in the final quarter, but does not
 impose termination fees, except when agreed upon in advance. Client shall be given thirty
 (30) days prior written notice of any increase in fees.
 BWA assesses a $100 minimum annual account fee, per account under management. This
 fee is waived at BWA’s sole discretion.

Client Payment of Fees
 Investment management fees are billed quarterly, in arrears, meaning that we bill you after
 the three-month billing period has ended. Fees are usually deducted from a designated
 Client account to facilitate billing. The Client must consent in advance to direct debiting of
 their investment account. The client is responsible for verifying the accuracy of the
 calculation of the investment management services fee; the custodian will not determine
 whether the fee is accurate or properly calculated. The custodian of the client’s accounts
 provides each client with a statement, at least quarterly, indicating separate line items for
 all amounts disbursed from the client's account(s), including any fees paid directly to BWA.

 Clients may make additions to, and withdrawals from, their account at any time, subject to
 BWA’ right to terminate an account. Additions may be in cash or securities provided that
 the Firm reserves the right to liquidate transferred securities or decline to accept particular
 securities into a client’s account. Clients may withdraw account assets at any time on notice
 toBWA, subject to the usual and customary securities settlement procedures. However, the
 Firm generally designs its portfolios as long-term investments and the withdrawal of assets
 may impair the achievement of a client’s investment objectives. BWA may consult with its
 clients about the options and implications of transferring securities. Clients are advised that
 when transferred securities are liquidated, they may be subject to transaction fees, short-
 term redemption fees, fees assessed at the mutual fund level (e.g. contingent deferred sales
 charges) and/or tax ramifications.

Additional Client Fees Charged
 In connection with BWA’s management of an account, a client will incur fees and/or
 expenses separate from and in addition to BWA’s investment management services fee.
 These additional fees may include transaction charges and the fees/expenses charged by
 any custodian, mutual fund, ETF, limited partnership, transfer taxes, odd lot differentials,
 exchange fees, interest charges, ADR processing fees, and any charges, taxes or other fees
 mandated by any federal, state or other applicable law, retirement plan account fees (where
 applicable), margin interest, brokerage commissions, mark-ups or mark-downs and other
 transaction-related costs, electronic fund and wire fees, and any other fees that reasonably
 may be borne by a brokerage account. The client is responsible for all such fees and
 expenses. Please see Item 12 of this brochure regarding brokerage practices.
Prepayment of Client Fees
 BWA does not collect fees in advance.

 External Compensation for the Sale of Securities to Clients
  BWA does not receive any external compensation for the sale of securities to Clients, nor
  do any of the investment advisor representatives of BWA.

Item 7: Types of Clients

 Description
  BWA generally provides investment advice to individuals, high net worth individuals and
  charitable organizations. Client relationships vary in scope and length of service.
 Account Minimums
  BWA requires a minimum of $250,000 to open an account. BWA may at their discretion
  waive or lower this minimum. BWA reserves the right to accept or decline a potential
  client for any reason in its sole discretion.