Bond & Devick Financial Network Inc

Item 5: Fees & Compensation

    Compensation for Our Advisory Services

    Comprehensive Portfolio Management:

    The maximum annual fee charged for this service will not exceed 1.25% of assets under management.
    Our firm typically assesses an advisory fee based on a percentage of assets under management in
    accordance with a tiered fee schedule disclosed in the signed advisory agreement. Each tier of assets
    under management is assessed a different advisory fee percentage. Assets in the higher tiers are
    subject to a lower advisory fee percentage than the lower tiers. In certain cases, we charge a flat
    percentage for all assets under management that is not subject to different tiers. Fees to be assessed
    will be outlined in the advisory agreement to be signed by the client. Annualized fees are billed on a
    pro-rata basis quarterly in advance based on the value of the account(s) on the last day of the
    previous quarter. Our firm bills on cash unless indicated otherwise in writing. In rare cases, our firm
    will agree to directly invoice. Fees are negotiable and will be deducted from client account(s). As part
    of this process, clients understand the following:

         a) The client’s independent custodian sends statements at least quarterly showing the market
            values for each security included in the assets and all account disbursements, including the
            amount of the advisory fees paid to our firm.
         b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
            firm will send an invoice directly to the custodian.
         c) If our firm sends a copy of our invoice to the client, our invoice will include a disclosure urging
            the client to compare the information provided in our statement with those from the qualified
            custodian.

ADV Part 2A – Firm Brochure                          Page 6                               Bond & Devick Wealth Partners

    For clients with margin accounts, the advisory fee calculation is based on the total asset long value of
    the account as calculated by the custodian and reported in the custodial statement rather than the
    total account value. Using the total asset long value instead of the total account value results in a
    higher account valuation because it does not net out margin loan balances. Clients charged an
    advisory fee based on the total long value of their margin account pay a higher advisory fee because
    the calculation is based on the greater account valuation.

    For assets held at a custodian that is not directly accessible by our firm (such as 401k assets), we
    may, but are not required to, manage these held away accounts using the Pontera Order Management
    System ("Pontera"). Pontera allows our firm to view and manage such assets. Clients will give our
    firm written authorization to deduct the fee from another non-qualified account managed by our
    firm. If there are insufficient funds available in another client account or our firm believes that
    deducting the advisory fee from another client account would be prohibited by applicable law, we
    will invoice the client directly. Our firm will charge an advisory fee for managing Pontera accounts in
    accordance with the client’s fee schedule in effect. Clients will not pay an additional fee for Pontera.
    Based on the held away managed account’s value, our firm pays 0.30% of our advisory fee to Pontera
    on a quarterly basis.

    The maximum annual fee charged to clients utilizing third party managers will not exceed the
    maximum fee published above for this service. Our firm will debit fees for this service as laid out in
    the executed advisory agreement between the client and our firm. This fee shall be in addition to any
    fees assessed by the chose third party money manager. The third party money managers we select
    will not directly charge you a higher fee than they would have charged without us introducing you to
    them. Third party money managers establish and maintain their own separate billing processes over
    which we have no control. In general, they will directly bill you and describe how this works in their
    separate written disclosure documents.

    Asset Management:

    The maximum annual fee charged for this service will not exceed 1.00% of assets under management.
    Our firm typically assesses an advisory fee based on a percentage of assets under management in
    accordance with a tiered fee schedule disclosed in the signed advisory agreement. Each tier of assets
    under management is assessed a different advisory fee percentage. Assets in the higher tiers are
    subject to a lower advisory fee percentage than the lower tiers. In certain cases, we charge a flat
    percentage for all assets under management that is not subject to different tiers. Fees to be assessed
    will be outlined in the advisory agreement to be signed by the client. Annualized fees are billed on a
    pro-rata basis quarterly in advance based on the value of the account(s) on the last day of the
    previous quarter. Our firm bills on cash unless indicated otherwise in writing. In rare cases, our firm
    will agree to directly invoice. Fees are negotiable and will be deducted from client account(s). As part
    of this process, clients understand the following:

         a) The client’s independent custodian sends statements at least quarterly showing the market
            values for each security included in the assets and all account disbursements, including the
            amount of the advisory fees paid to our firm.
         b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
            firm will send an invoice directly to the custodian.
         c) If our firm sends a copy of our invoice to the client, our invoice will include a disclosure urging
...

Item 7: Types of Clients & Account Requirements

    Our firm has the following types of clients:
       • Individuals and High Net Worth Individuals;
       • Trusts, Estates or Charitable Organizations; and
       • Corporations, Limited Liability Companies and/or Other Business Types

    Our requirements for opening and maintaining accounts or otherwise engaging us:
       • Our firm requires a minimum account balance of $1,000,000 for our Comprehensive Portfolio
           Management service and a minimum account balance of $500,000 for our Asset Management
           service. Generally, these minimum account balance requirements are negotiable and would
           be required throughout the course of the client’s relationship with our firm.