BCM Advisors LLC

Item 5. Fees and Compensation

Portfolio Management Services

Our fees are paid at the beginning of each calendar quarter for services provided
in the previous calendar quarter by deducting the portfolio management fees
from the client’s account. Fees for portfolio management services are calculated
and paid quarterly based on the net asset value of the managed assets in the
client account(s), including cash, (the “account balance”) at the end of the
calendar quarter. We do not charge fees on non-managed assets, such as certain
non-managed or non-marketable assets (e.g., certain non-traded REITs or other
legacy positions), that are included in the client’s account.

Fees for management services for the Portfolios, other than the Cash
Management Portfolio, are based on the following fee schedule:

                Up to $2,000,000                1.00% per year
                $2,000,001 to $5,000,000        0.75% per year
                $5,000,001 to $10,000,000       0.60% per year
                $10,000,000 and above           0.50% per year

Fees for management services for the Cash Management Portfolio are based on a
flat fee schedule of 0.25% per year.

Fees are calculated quarterly by multiplying the account balance by one-fourth of
the applicable fee rate. Fees are pro-rated for additions and withdrawals made
during a calendar quarter so that fees are charged only for that time that the
additions and withdrawals are in the client’s account.

A conflict of interest exists when we recommend that a client add money to his or
her account. Since our fees are based on a client’s account balance, our fees
increase as the client’s account balance increases. BCM has a fiduciary duty to
our clients to only make that recommendation if such a recommendation is in the
best interest of client, considering the client’s goals and objectives.

A conflict of interest arises in those situations where BCM recommends that an
ERISA plan participant rollover a distribution from a company sponsored ERISA
Plan into an IRA for which BCM will provide portfolio management services.
Since BCM will receive management fees it would not have otherwise received if
the ERISA plan participant would have left the distribution in the ERISA Plan,
this presents a conflict of interest. Therefore, before recommending a rollover to
an IRA, BCM will make a best interest determination that the rollover is in the
“best interest” of the participant Additionally, BCM will provide the client with
the appropriate disclosures outlining factors to be considered by the client in
making the rollover, the conflicts of interest associated with the rollover, and
written reasons that the rollover is in the best interest of the client. BCM’s
rollover recommendations are made consistent with applicable fiduciary

standards, and BCM maintains documentation supporting the basis for rollover
recommendations, including consideration of costs, services, and other relevant
factors.

For certain ERISA accounts for which BCM provides portfolio management
services and which are billed through Focus Partners, an unaffiliated third-party
administrator, the portfolio management fees are billed by Focus Partners in
advance on the first day of each quarter and the BCM portfolio management fee
is then paid by Focus Partners.

The stated minimum account size for our portfolio management services is
$250,000. In certain circumstances and at the discretion of BCM, BCM may
waive the minimum account size requirement.

Mutual Fund and ETF Fees and Expenses: All fees paid to our firm for portfolio
management services are separate and distinct from the fees and expenses
charged by mutual funds and ETFs 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. A client could invest in a
mutual fund or ETF directly, without the services of our firm. In that case, the
client would not receive the services provided by us which are designed, among
other things, to assist the client in determining which mutual fund or funds or
ETFs are most appropriate to each client's financial condition and objectives.
Accordingly, the client should review both the fees charged by the funds and
ETFs and the fees charged by us to fully understand the total amount of fees to
be paid by the client and to thereby evaluate the management advisory services
being provided.

The Mutual Fund and ETF Fees and Expenses computed on a weighted average
expense basis and stated as a percentage of the asset value of a client’s account
for BCM’s various Portfolios are as follows:

      BCM Growth Strategy (except for Under $5K)              0.05% - 0.42%
      BCM Balanced Strategy (except for Under $5K)            0.07% - 0.30%
      BCM Conservative Strategy (except for Under $5K)        0.08% - 0.28%
      BCM Cash Management Program                             0.00% - 0.35%
      BCM Under $5K (all Strategies)                          0.02% - 0.58%

The above fees are subject to change in the event there is a change in a mutual
fund or ETF in a Portfolio, a change in the percentage allocation in each mutual
fund or ETF in a Portfolio, or if the mutual fund or ETFs change the amount of
fees associated with a mutual fund or ETF.

Brokerage and Custodian Fees

In addition to portfolio management service fees paid to our firm, and the
expenses of the mutual funds and ETFs, clients will also be responsible for all

transaction, brokerage, and custodian fees incurred as part of their account
management. Those fees consist of a $20 transaction fee associated with any
trade with a value in excess of $100 involving mutual funds from DFA and
Vanguard. There is a similar fee charged on certain transactions under $100
with certain mutual funds. Please see Item 12 of this Brochure for important
disclosures regarding our brokerage practices.

Sub-Advisory Fees
...

Item 7. Types of Clients

Our firm generally provides portfolio management services to individuals,
companies, pension and profit-sharing plans, trusts, estates, charitable
organizations, and other business entities.

Generally, we require a minimum account size of $250,000 of assets under
management for portfolio management services, and a minimum account size of
$500,000 of assets under management for Financial Planning and Wealth
Management Services.