Boyd Financial Strategies Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for our services. Each
Client engaging us for services described herein shall be required to a written agreement with our firm.

A. Fees for Advisory Services

Wealth Management Services

Wealth Management fees are paid quarterly, arrears of each calendar quarter, pursuant to the terms of
the Wealth Management agreement. Wealth Management fees are based on the market value of assets
under management at the end of the prior calendar quarter. Wealth Management fees are based on the
following schedule:

                Assets Under Management ($)             Annual Rate (%)

                First $125,000                          1.00%

                Next $250,000                           0.90%

                Next $500,000                           0.80%

                Next $1,000,000                         0.70%

                Next $2,000,000                         0.60%

                Next $4,000,000                         0.50%

The wealth management fee in the first quarter of service is prorated from the inception date of the
account[s] to the end of the first quarter. Fees may be negotiable at the sole discretion of our firm.
Hourly fees may be partially waived for Clients who are paying an ongoing wealth management fee
greater than $300 per quarter and the annual review does not exceed 2 hours of billable time. The
Client’s fees will take into consideration the aggregate assets under management with our firm. All
securities held in accounts managed by our firm will be independently valued by the Custodian. Our firm
will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing.

Our firm’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees,
and other related costs and expenses described in Item 5.C below, which may be incurred by the Client.
However, our firm shall not receive any portion of these commissions, fees, and costs.

Our firm may offer advisory services at an hourly rate ranging up to $150 per hour. Fees may be
negotiable based on the nature and complexity of the services to be provided and the overall

relationship with our firm. An estimate for total hours and overall costs will be provided to the Client
prior to engaging for these services.

B. Fee Billing

Wealth Management Services

Wealth management fees are calculated by our firm or its delegate and deducted from the Client’s
account[s] at the Custodian. The amount due is calculated by applying the quarterly rate (annual rate
divided by [4]) to the total assets under management with our firm at the end of the previous quarter.
Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of
the wealth management fee. Clients provide written authorization permitting advisory fees to be
deducted by our firm to be paid directly from their account[s] held by the Custodian as part of the
investment advisory agreement and separate account forms provided by the Custodian.

C. Other Fees and Expenses

Clients may incur certain fees or charges imposed by third parties, other than our firm, in connection
with investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and
securities execution fees charged by the Custodian, as applicable. Our firm’s recommended Custodian
does not charge securities transaction fees for ETF and equity trades in a Client's account, provided that
the account meets the terms and conditions of the Custodian's brokerage requirements. However, the
Custodian typically charges for bond purchases and certain fee based mutual funds. The fees charged by
our firm are separate and distinct from these custody and execution fees.

In addition, all fees paid to our firm for investment advisory services are separate and distinct from the
expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and
expenses are described in each fund’s prospectus. These fees and expenses will generally be used to pay
management fees for the funds, other fund expenses, account administration (e.g., custody, brokerage
and account reporting), and a possible distribution fee. A Client may be able to invest in these products
directly, without the services of our firm, but would not receive the services provided by our firm which
are designed, among other things, to assist the Client in determining which products or services are
most appropriate for each Client’s financial situation and objectives. Accordingly, the Client should
review both the fees charged by the fund[s] and the fees charged by our firm to fully understand the
total fees to be paid. Please refer to Item 12 – Brokerage Practices for additional information.

D. Advance Payment of Fees and Termination

Wealth Management Services

Our firm may be compensated for its wealth management services as they are rendered. Either party
may terminate the investment advisory agreement, at any time, by providing advance written notice to
the other party. The Client may also terminate the investment advisory agreement within five (5)
business days of signing the our firm’s agreement at no cost to the Client. After the five-day period, the
Client will incur charges for bona fide advisory services rendered to the point of termination and such

fees will be due and payable by the Client. The Client’s investment advisory agreement with the Advisor
is non-transferable without the Client’s prior consent.

E. Compensation for Sales of Securities

Our firm does not buy or sell securities to earn commissions and does not receive any compensation for
securities transactions in any Client account, other than the investment advisory fees noted above.

Insurance Agency Affiliation

Certain Advisory Persons are licensed as independent insurance professionals. As an independent
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Item 7 - Types of Clients

Most of our Clients are individuals or couples or their related trusts. We may have a small number of
pension plans, non-profit or business Clients to whom we provide services.