Bentley Financial Group Inc

Item 5: Fees and Compensation

BFG charges a fee for advisory services based on assets under management (“AUM”). Fees for financial planning
and hourly consulting services are charged as either hourly or fixed fees, or those services may be included in a
wealth management agreement, where appropriate.

In certain circumstances, fees, account minimums, and payment terms are negotiable depending on the client’s
unique situation, such as the aggregate related party portfolio size, family holdings, low-cost basis securities, or
certain passively advised investments and pre-existing relationships with clients. Certain clients will pay more or
less than others depending on the amount of assets, the type of portfolio, the time involved, the degree of
responsibility assumed, the complexity of the engagement, the special skills needed to solve problems, the
application of experience, and the knowledge of the client’s situation.

Compensation – Asset Management Services

Annual Asset management fees, including Wrap Program accounts, range from 0.00% to 2.50%. Clients will be
billed quarterly in advance at the beginning of each calendar quarter based upon the value of the account on the
last business day of the previous quarter. Fees will be debited from the account in accordance with the client
authorization in the Asset Management Agreement.

The advisory fee is deducted from the account by the custodian of the assets based on a written authorization from
the client.

If an Asset Management agreement is terminated before the end of the billing quarter, the client is entitled to a
prorated refund of any pre-paid advisory fee based on the number of days remaining in the quarter after the
termination date.

Compensation – Financial Planning and Consulting

Financial Planning and Consulting fees will be charged in one of three ways:

       8     Bentley Financial Group, Inc.

    •   On an hourly basis up to $500 per hour, payable in advance or upon completion of the plan/project;
    •   As a fixed fee, typically ranging from $500 to $20,000, depending on the nature and complexity of each
        client’s circumstances, payable in advance or upon completion of the plan/project;
    •   As a retainer fee, payable on an ongoing basis.

Financial planning and consulting fees are payable in advance or upon completion of the plan/project, which is
formalized through a written financial plan or consulting engagement for the client. When fees are paid in advance,
services must be completed within a six (6) month time frame.

BFG also offers its financial planning and consulting services through ongoing support payable through an annual
retainer fee. Annual retainer fees are at a fixed annual rate of up to $20,000, payable monthly, quarterly, or annually
(as defined in the agreement) in arrears, which will be based on the complexity of services, frequency of Client
interactions, and other factors. Fees are negotiable based on the nature and complexity of the services to be
provided and the overall relationship with the Advisor. An estimate for total fees will be provided to the Client in
advance of the engagement.

Retirement Plan Services Fees

BFG charges an annualized fee of up to 1.00% of the plan's assets for the pension consulting services described
above, payable quarterly or annually in advance. The type and amount of the fees charged to the client are
negotiable and are generally based on the size and complexity of the plan, the number of plan participants, the
location of the participants, the estimated number of meetings required, and other factors that are deemed relevant
by BFG when negotiating with the client. An estimate of the total cost will be determined at the start of the advisory
relationship.

If a Retirement Plan Service agreement is terminated before the end of the billing period, the client is entitled to a
prorated refund of any pre-paid fee based upon the total fee less the time and services spent on the engagement
prior to the termination.

Other Fees

As further discussed in response to Item 12 (below), BFG shall generally recommend that clients utilize the
brokerage and clearing services of LPL Financial (“LPL”) for investment management accounts.

BFG will implement its investment management recommendations only after the client has arranged for and
furnished BFG with all information and authorization regarding accounts with appropriate financial institutions.
Financial institutions shall include, but are not limited to, LPL, any other broker-dealer recommended by BFG, a
broker-dealer or directed by the client.

BFG’s Agreement and/or the separate agreement with the Financial Institution may authorize BFG through the
Financial Institution to debit the client’s account for BFG’s fee and to directly remit that management fee to BFG in
accordance with applicable custody rules. The Financial Institutions recommended by BFG have agreed to send a
statement to the client, at least quarterly, indicating all amounts disbursed from the account including the amount
of management fees paid directly to BFG.

In certain circumstances, Clients will incur charges imposed by the Financial Institution and other third parties, such
as fees charged by Independent Managers, custodial fees, charges imposed directly by a mutual fund or exchange
traded fund in the account (which shall be disclosed in the fund’s prospectus, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees on brokerage accounts and
securities transactions. When purchasing mutual fund shares for a Client’s account, a Client is subject to various
fees and charges, including, but not limited to, the cost of portfolio management, creating account statements,
account services, recordkeeping, commissions, and legal services. The particular fees and charges a Client will
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Item 7: Types of Clients

As described in Item 4, BFG clients include individuals, high net worth individuals, pension and profit-sharing plans,
trusts, estates, charitable organizations, and corporations or other business entities.

BFG requires a minimum account of $1,000 for investment advisory clients, although the minimum is negotiable
under certain circumstances. BFG will sometimes group certain related client accounts for the purpose of achieving
the minimum account size.

Certain Independent Manager(s) impose more restrictive account requirements and varying billing practices than
BFG. In such instances, BFG can alter its corresponding account requirements and/or billing practices to
accommodate those of the Independent Manager(s) or wrap program sponsor.