Berman McAleer LLC

Item 5.      Fees and Compensation

  A. Fees and Compensation

  Asset Management Services
  Asset management fees are calculated and paid monthly in advance based on the total gross value
  of the assets under management for the Client as of the last day of the prior month as calculated in the
  portfolio administration system, including cash balances. The fees are calculated according to the
  following fee schedule:

                             Assets Under Management               Annual Fee
                                    $0-$2,500,000*                    1.00%

                                $2,500,001-$7,500,000                 0.75%

                               $7,500,001-$15,000,000                 0.50%

                              $15,000,001-$$25,000,000                0.30%
                                    $25,000,001 +                     0.20%

  *A supplemental fee of 0.40% will be added for clients onboarded after January 1, 2025 with total
  assets under management less than our$1,500,000 minimum. This can be waived in the sole
  discretion of BMc.

  In determining the tiered annual fee percentage, the client’s total assets under management will be
  aggregated. Asset management fees are negotiable in the sole discretion of the Firm depending upon
  the complexity of the client’s financial situation and the scope of services rendered. Please note these
  fees have “tiers,” meaning that if your assets exceed the maximum of the first tier, your overall fee
  will be a blended percentage rate that is the result of being charged the corresponding fee for the first
  level of assets, plus the different corresponding fee for the next level of assets, and so on. Third party
  manager fees, if applicable in the management of Client assets, are in addition to the asset
  management fee charged by BMc.

  529 plans and Fidelity Charitable asset accounts are charged 0.50% annually for an asset
  management fee regardless of the size of the account(s) or other portfolio assets.

BMc has an alternative tiered fee schedule with a starting point of 1.22% that was applied to legacy
clients upon the formation of BMc as an independent registered investment advisor in 2024 in
circumstances where it was in the best interest of the legacy client and was agreed upon between
the legacy client and BMc.

Asset values provided by BMc’s portfolio administration software, for purposes of calculating fees,
may vary in comparison to the custodian statement value. This is due to the reporting timing methods
used by BMc’s portfolio administration system and the custodian when trades or transactions, such
as dividends or accrued interest payments, are made at the end of the month. BMc uses the value
reported in the portfolio administration system for fee calculation.

Financial Planning Services
BMc charges new clients a flat fee for initial financial planning and/or consulting services, ranging from
$3,500 to $15,000. Our planning fees are negotiable based on the scope and complexity of the
engagement with the client. After the initial financial planning process, we do not charge additional flat
fees for planning. BMc prefers to enter into long-term, holistic relationships with clients, in which its
financial planning services are part of its overall engagement for investment management services. If a
client engages BMc for financial planning services outside the normal scope, the services will be provided
on an hourly basis ranging from $450 to $700 per hour.

Retirement Plan Consulting Services
BMc charges either a flat annual advisory fee for ERISA retirement plan consulting services, not to
exceed 1.25% of the total plan assets placed under our advisement, or a tiered annual advisory fee.
The exact fee amount and method of payment will be specified in the Retirement Plan Consulting
Agreement. Fees are negotiable in the sole discretion of BMC based on the complexity of the
retirement plan and services provided. Fees are calculated and billed monthly in advance based on
the value of the plan assets the last day of the prior month as per the following:

                           Assets Under Management                Annual Fee
                                   $0-$2,500,000*                     1.00%

                              $2,500,000-$7,500,000                   0.75%

                              $7,500,000-$15,000,000                  0.50%

                            $15,000,000-$$25,000,000                  0.30%
                                   $25,000,000 +                      0.20%

*A supplemental fee of 0.40% will be added for clients onboarded after January 1, 2025 with total
assets under management less than our $1,500,000 minimum. This can be waived in the sole
discretion of BMc.

Please note this fee has “tiers,” meaning that if your assets exceed the maximum of the first tier, your
overall fee will be a blended percentage rate that is the result of being charged the corresponding fee
for the first level of assets, plus the different corresponding fee for the next level of assets, and so on.
In determining the tiered annual fee percentage, the client’s total assets under management will be
aggregated. For purposes of this section, “total assets” are defined to include plan assets under the
Retirement Plan Consulting Agreement and any other separate assets the plan sponsor has under
management with BMc pursuant to a separate Investment Advisory Agreement. Upon termination of

  a Retirement Plan Consulting Agreement, the accounts will be refunded on a pro-rata basis for the
  number of days left in the month.

  B. Fee Payment

  As authorized in your Investment Advisory Agreement, the Firm will instruct the qualified custodian
  (the “Custodian”) to deduct advisory fees directly from your account(s). The Custodian may charge
  separate fees (for example, account or transaction fees), set and collected by the Custodian, and
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Item 7.   Types of Clients
  BMc provides investment advisory services to individuals, high net worth individuals, business
  entities, trusts, and estates. The minimum relationship opening balance is $1,500,000, which may be
  negotiable at the discretion of the Firm.