Bellwether Advisors LLC

ITEM 5 – FEES AND COMPENSATION
We are a fee-based advisor. This means we get paid a fee for our investment management services
based on the average daily market value of your assets under management in the preceding month.
We typically bill for our fees monthly, payable in advance. Our minimum account size and fees are
negotiable in certain circumstances. Fees can be paid by having them deducted directly from your
account or by check. The choice is yours. In either case, we provide you with a fee statement. Our
annual fee schedule is as follows:

       Assets Under Management                   Annual Fee*
       Up to $500,000                            1.25%
       $500,001 to $1,000,000                    1.00%
       $1,000,001- $2,500,000                    0.90%
       $2,500,000- $5,000,0000                   0.825%
       $5,000,001-$10,000,000                    0.750%
       $10,000,001-$25,000,000                   0.625%

       $25,000,001-$50,000,000                   0.500%

       $50,000,001 and up                        0.375%

      *Our minimum fee is $3,125 based on assets, but we may also negotiate additional
      fixed fees for planning/projects for smaller accounts and we, in our sole discretion, may
      negotiate to reduce any fee. AUM excludes any non- managed assets held in a
      managed account. A non-managed asset includes any asset that you have directed us
      to hold and not trade.

Asset Management Fee Calculation Example
A client with $3,000,000 in Assets Under Management would annually be billed as follows:
The first $500,000 is billed at a 1.25% annual rate (Tier 1), the next $500,000 is billed at a 1.00%
annual rate (Tier 2), the next $1,500,000 is billed at a 0.90% annual rate (Tier 3), and the next
$500,000 is billed at a 0.825% annual rate (Tier 4). The chart below further illustrates the manner
in which the fee is calculated:

                                    AUM         Annual Fee % Annual Fee $
                       Tier 1      $ 500,000           1.25%         $ 6,250
                       Tier 2      $ 500,000           1.00%         $ 5,000
                       Tier 3     $ 1,500,000          0.90%         $13,500
                       Tier 4       $ 500,000         0.825%         $ 4,125
                       Total       $3,000,000          0.96%         $28,875

                                Our minimum account size is $250,000
We do not currently charge a fee to an investment client for a financial plan. For non-investment
clients, we charge a fee of $3,000 for a financial plan billed at the completion of the plan.

We will also bill an hourly rate of $300 per hour for certain projects. An estimate of the project
completion time will be discussed with the client.
In investing your portfolio, we will likely use one or more mutual funds. If we do, you will incur
mutual fund fees and expenses that are in addition to the fees we charge you. Mutual funds pass
these fees and expenses on to investors directly - they are not charged nor billed by us.

We use Charles Schwab & Co., Inc. (“Schwab”), a registered broker-dealer and member of the
Securities Investor Protection Corporation, as our custodian. Through our use of Schwab’s
services, you will incur certain trading costs in addition to our fees. These costs are further
explained in Item 12 below.
Other Compensation
Certain of the Firm’s investment adviser representatives, in their individual capacities, are also
independent licensed insurance agents. Although the Firm itself does not sell such insurance
products to our investment advisory clients, we do permit investment adviser representatives, in
their individual capacities as licensed insurance agents (and on a fully-disclosed commission
basis), to sell insurance products to our investment advisory clients. A conflict of interest exists to

 the extent that an advisory representative recommends the purchase of insurance products where
 they also receive insurance commissions or other additional compensation in their role as an
 independent insurance agent. Clients are under no obligation to purchase insurance products
 through any person affiliated with our firm.
 Termination and Refund of Fees
 The Discretionary Investment Management Agreement may be terminated at any time upon receipt
 of notice to terminate by either party to the other. If you terminate the Agreement after the
 commencement of a calendar billing period, the unearned portion of the Management Fee will be
 promptly refunded.

ITEM 7 – TYPES OF CLIENTS
We provide investment advice to individuals, retirement plans, trusts, estates, charitable
organizations, corporations and other business entities. Minimum account size is $250,000, but we
reserve the right to manage smaller accounts. Our minimum fee is $3,125 based on assets, but we may
also negotiate additional fixed fees for planning/projects for smaller accounts and we, in our sole
discretion, may negotiate to reduce any fee.
Certain TPAMs may require a minimum account size and can vary from Manager to Manager.