BQS Financial Advisors LLC

Item 5: Fees and Compensation

A. Fee Schedule

Retirement Plan Services (ERISA and non-ERISA)

Asset-Based Fees

Asset-based fees are negotiable based on the scope and complexity of the services as well
as the amount of time and expertise required but generally do not exceed 1.25%.

BQS Advisors uses the value of the account that aligns with the custodian / recordkeeper,
after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement.

Clients may terminate the agreement without penalty for a full refund of BQS Advisors’
fees within five business days of signing the Investment Advisory Contract. Thereafter,
clients may terminate the pension consulting agreement generally with 30 days' written
notice.

Fixed Fees

The rate for fixed fee plans is up to $250,000. The final fee schedule will be memorialized
in the client’s advisory agreement. This service may be canceled with 30 days’ written
notice.

Hybrid Fees
In certain circumstances, BQS Advisors may charge a hybrid fee structure that includes a
combination of asset-based fees and fixed fees. This structure may be used depending on
the scope and complexity of the services provided, the amount of time and expertise
required, and the specific needs of the client relationship.

Under this arrangement, a portion of the fee may be calculated as a percentage of assets
under management, while another portion may be charged as a fixed fee. The asset-based
component generally does not exceed 1.25%, and the fixed fee component generally does
not exceed $250,000. The specific fee structure and schedule will be negotiated and
memorialized in the client’s advisory agreement.

Asset Management Fees

Fixed Fees

Portfolio Management fees are negotiable based on the scope and complexity of the
services as well as the amount of time and expertise required but generally do not exceed
1.25%.

BQS Advisors uses the value of the account that aligns with the custodian / recordkeeper,
after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty and
fee within five business days of signing the Investment Advisory Contract. Thereafter,
clients may terminate the Investment Advisory Contract generally with 30 days' written
notice.

Fixed Fees

The rate for fixed fee plans is up to $250,000. The final fee schedule will be memorialized
in the client’s advisory agreement. This service may be canceled with 30 days’ written
notice.

Hybrid Fees
In certain circumstances, BQS Advisors may charge a hybrid fee structure that includes a
combination of asset-based fees and fixed fees. This structure may be used depending on
the scope and complexity of the services provided, the amount of time and expertise
required, and the specific needs of the client relationship.

Under this arrangement, a portion of the fee may be calculated as a percentage of assets
under management, while another portion may be charged as a fixed fee. The asset-based
component generally does not exceed 1.25%, and the fixed fee component generally does
not exceed $250,000. The specific fee structure and schedule will be negotiated and
memorialized in the client’s advisory agreement.

Institutional Asset Management Fees

Asset-Based Fees

Asset-based fees are negotiable based on the scope and complexity of the services as well
as the amount of time and expertise required but generally do not exceed 1.25%.

BQS Advisors uses the value of the account that aligns with the custodian / recordkeeper,
after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement.

Clients may terminate the agreement without penalty and fee within five business days
of signing the Investment Advisory Contract. Thereafter, clients may terminate the
pension consulting agreement generally with 30 days' written notice.

Fixed Fees

The rate for fixed fee plans is up to $250,000. The final fee schedule will be memorialized
in the client’s advisory agreement. This service may be canceled with 30 days’ written
notice.

Hybrid Fees
In certain circumstances, BQS Advisors may charge a hybrid fee structure that includes a
combination of asset-based fees and fixed fees. This structure may be used depending on

the scope and complexity of the services provided, the amount of time and expertise
required, and the specific needs of the client relationship.

Under this arrangement, a portion of the fee may be calculated as a percentage of assets
under management, while another portion may be charged as a fixed fee. The asset-based
component generally does not exceed 1.25%, and the fixed fee component generally does
not exceed $250,000. The specific fee structure and schedule will be negotiated and
memorialized in the client’s advisory agreement.

Non-Qualified 457(b), 457 (f), and 409A Fees

Asset-Based Fees

Asset-based fees are negotiable based on the scope and complexity of the services as well
as the amount of time and expertise required but generally do not exceed 1.25%.

BQS Advisors uses the value of the account that aligns with the custodian / recordkeeper,
after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement.
...

Item 7: Types of Clients

BQS Advisors generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      ERISA and non-ERISA Retirement Plans
       ❖      Institutions

There is no account minimum for any of BQS Advisors’ services.