Berkshire Money Management Inc

Item 5 – Fees and Compensation

Portfolio Management Services

 The specific manner in which fees are charged by BMM is established in a client’s written
 agreement with BMM. BMM will generally bill its fees on a quarterly basis in advance at
 the beginning each calendar quarter. Accounts initiated during a calendar quarter will be
 charged a prorated fee. BMM charges at minimum a $6,000 yearly fee.

 The annual fee for managing your portfolio is charged as a percentage of assets under
 management, according to the following tiered schedule:

                      Assets Under Management         Annual Fee (%)
                      Up to $400,000                     1.50%
                      $400,001 to $750,000               1.12%
                      $750,001 to $1,000,000               1.00%
                      $1,000,001 to $2,500,000             0.80%
                      Above $2,500,000                     0.60%

 Each fee bracket is applied to the respective asset amount of total client assets under
 management.

Financial Planning Services

 Clients may elect to receive BMM’s Financial Planning services. The minimum fee for this
 service is $7,500 per plan plus $450 per hour for any time more than ten hours. The $7,500
 is due prior to work beginning, and the remainder, if any, is due prior to or immediately
 upon delivery of the plan.

Consulting Services

 Consulting clients will typically be charged an individually-negotiated fixed fee, paid
 quarterly in advance. This fee may vary from client to client and will be determined at the
 time the consulting agreement is executed.

College Planning Services

 The cost of this service is assessed as a fixed fee of $599 and is charged in advance.

Trust and Estate Planning Solutions

The Trust Company signs a separate agreement with each client and receives a separate fee
for trustee services. BMM receives a portion of the trustee fee charged by the Trust Company
for referring clients to the Trust Company and, therefore, has a financial incentive to
recommend these services to clients.

Tax Preparation Services

The cost of this service is assessed as a fixed fee established by the third-party service
provider and will vary based on the type and level of service selected. An additional hourly
fee may be applied depending on the client’s specific situation and complexity of the project.
The fee will be assessed and collected directly by the third-party service provider. BMM will
receive a portion of the fees collected by the third-party service provider from clients and,
therefore, has a financial incentive to recommend these services to clients.

Fees in General

 Unless agreed otherwise, any and all account asset classes, including cash positions, are
 included in the firm’s advisory fee calculation. At certain times, our advisory fee may
 exceed the money market yield for cash assets.

 Fees and account minimums for all services are negotiable based upon certain criteria (i.e.
 level of service required, anticipated future additional assets, dollar amount of assets to be
 managed, related accounts, account composition and complexity, negotiations with client,
 etc.).

 Certain client agreements and legacy client agreements are governed by fee schedules
 different from those listed above or a tiered calculation methodology.

 In certain circumstances, all fees and account minimums are negotiable. For example,
 certain related accounts may be aggregated for the purpose of achieving the minimum
 account size or lower annual fee.

 Certain family members and personal acquaintances of BMM’s affiliated persons receive
 and may receive in the future advisory services at a discounted rate which is not generally
 available to you. BMM employees receive advisory services free of charge.

 Fees are charged quarterly in advance based on the asset size of your account(s) on the last
 day of the prior calendar quarter. Services rendered prior to that date, but not yet billed,
 are charged according to the above schedule based on your account average balance for
 that period. BMM will not charge you more than $1200 - six months or more in advance.

 Fees are directly debited from your custodial account with your written consent generally
 acknowledged in your Asset Management Agreement. Alternatively, you may elect to be
 invoiced and pay by check.

 Your agreement may be canceled at any time, by either you or BMM, for any reason. Upon
 termination of your advisory relationship with BMM, any prepaid, unearned fees will be
 promptly refunded, and any earned unpaid fees will be due and payable. You have the right
 to terminate your agreement without penalty any time after entering into it. Fees are not
 refunded for closed accounts of clients whose other accounts continue to receive BMM
 advisory services.

 BMM’s fees are exclusive of brokerage commissions, transaction fees, and other related
 costs and expenses which will be incurred by you. You may incur certain charges imposed
 by custodians, brokers, third party investment and other third parties such as fees charged
 by managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes,
 wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
 securities transactions. Mutual funds and exchange traded funds also charge internal
 management fees, or mutual fund distribution fees, which are disclosed in a fund’s
 prospectus. Such charges, fees and commissions are exclusive of and in addition to BMM’s
 fee. BMM and its supervised persons do not receive any portion of these commissions, fees,
 and costs, and do not receive compensation from the sale of any securities or investment
 products.

 You could invest in a mutual fund directly, without the services of BMM. In that case, you
 would not receive the services provided by BMM which are designed, among other things,
...

Item 7 – Types of Clients

BMM offers its advisory services to individuals, high net worth individuals, pension and
profit-sharing plans, trusts, estates, charitable organizations, and corporations or other
business entities.

Participation in Portfolio Management Services and/or receipt of free Financial Planning
Services requires a minimum portfolio size of $250,000 or a minimum annual fee of $4,375.

Occasionally, the minimum portfolio size and/or the minimum annual fee is waived for
clients that have the capacity to generate the minimum size or fee within a year. BMM may
also waive the minimum size or fee for certain clients at its sole discretion. Item 5 - Fees &
Compensation further describes factors that BMM considers when determining minimum
account size.