Blong Financial LLC

Item 5 – Fees and Compensation

Fees for assets managed in the separately managed discretionary accounts generally
adhere to the following schedule:

Annual Fee (range of fees depending on asset strategy):
- Less than $1 million = 0.50%-1.50%
- Greater than $1 million = 0.50%-1.00%

Actual fees may be negotiated and may vary from the schedule set forth above due to the
client’s specific circumstances, level of services provided, or other investment
considerations. The fee set forth above is an annual fee, payable quarterly in advance or
quarterly arrears as outlined in the investment services agreement). Quarterly payments
will be due on the first business day of each calendar quarter based on the market value of
the client’s account as of the close of business on the last business day of the immediately
preceding quarter. Clients authorize payment of bLong’s fees directly from their custodial
accounts without the necessity of the client’s prior approval for each quarterly fee. Notice
of the amount of the fee will be provided to the client in the monthly account statements
furnished by the client’s custodian. bLong’s agreement with the client may be terminated
by either party upon written notification in accordance with the advisory agreement. Upon
termination, bLong’s fee will be pro-rated to the date of termination and any prepaid
unearned fees will be promptly refunded. In the event that a mutual fund, closed end fund,

exchange traded fund, or similar investment security is selected for a client’s account, the
client will pay an advisory fee to the mutual fund’s investment advisor that is separate from
and in addition to bLong advisory’s fee. bLong’s fees do not include brokerage
commissions, transaction costs, and other costs and expenses which may be incurred by
clients in connection with the management of their accounts (see section 12 Brokerage
Practices).

Item 7 – Types of Clients

bLong will provide portfolio management services to individuals, high net worth
individuals, corporate pension and profit-sharing plans, charitable institutions, trust
programs, estates and other U.S. and international institutions. For separately managed
accounts the minimum account size is generally $500, 000. The minimum account size may
be waived or modified at bLong’s discretion.