Brownson Rehmus & Foxworth Inc

Item 5- Fees and Compensation
Typical Fee Arrangement
The Firm charges a base fee to each client that is determined by the appropriate Principal and approved by the client on a
periodic basis, or as needed to reflect the evolving client relationship.
A Principal will negotiate with each client and determine the amount of the base fee to be charged to the client (subject to
client approval) based on a number of factors unique to each client. Such factors may include but are not limited to: (i) the
amount of the client’s assets under the Firm’s management or advisement, (ii) anticipated future assets, (iii) types of assets,
(iv) complexity of services to be provided, (v) service intensity, (vi) degree of custom work, (vii) time requirements, (viii)
number of entities, (ix) number of the client’s family members served, (x) ease of interaction, and (xi) travel requirements.
Depending on factors such as those listed above, the base fee that the Firm charges its clients typically varies from 0.15%
to 1.00% of assets under management or advisement. This fee rate is generally lower for clients with higher amounts of
assets under the Firm's management and higher for clients with lower amounts of assets under the Firm’s management;
however, other factors such as those listed above will also influence the negotiation and determination of pricing.
On a case-by-case basis, the Firm and the client may agree to additional fees beyond the base fee for projects outside the
scope of services the Firm performs in typical client engagements. In all cases, the services to be provided and the fee(s) for
those services are agreed upon in writing in advance with the client.
Corporate Clients
With respect to corporate clients, the Firm is retained by a corporation to provide financial counseling services to key
officers and executives. The Firm charges a corporation an advisory fee on a sliding scale, which is typically based upon a
variety of factors, including (i) the total cash compensation paid to the executive, (ii) the range of services provided, and
(iii) the complexity of the executive’s financial affairs.
Minimum Fee
Minimum annual fees vary between Principals but tend to start at $25,000.
Rates for Ad Hoc or Project-Based Consultation(s)
For an ad-hoc or project-based consultation provided to a client, the Firm will charge the client an hourly fee – the rate(s)
for the hourly fee may vary depending on the (i) the service(s) provided, and (ii) the experience, knowledge, skill, and
compensation of the individual(s) performing the services on behalf of the Firm. Hourly rates generally range from $150 to
$500 per hour.

B R FA D V I SO R S. C O M                                                                                                  2

Termination Fees
In the event a client’s relationship with the Firm terminates, the Firm will automatically refund the client any prepaid fees
for services not yet rendered. Such refund will be calculated on a daily, prorated basis as of the termination date, and will
be based upon the ratio of remaining days in the billing period to total days in the billing period.
Billing Method
The Firm generally invoices its fees to clients quarterly or semi-annually in advance on a calendar year basis. Clients are not
requested to nor required to pay fees six months or more in advance.
Clients may elect to pay their fees due to BRF by (i) authorizing BRF to deduct such fees directly from clients’ designated
brokerage account(s) or (ii) remitting payments via check or wire transfer.
In order for clients to provide fee deduction authorization, clients must execute and deliver to their custodian a written fee
payment withdrawal authorization (“Withdrawal Authorization” or “Authorization to Pay Fees to Investment Advisors”),
which will (i) authorize BRF to withdraw the fees calculated and agreed upon between BRF and clients and (ii) permit clients
to terminate the fee deduction authorization at any time. Clients will receive an invoice for services no fewer than seven
days prior to fee withdrawal. Such invoice will (i) specify the fees owed by clients for a particular period of service, (ii)
provide clients with the opportunity to and method for objecting to the invoiced amount, and (iii) indicate the date payment
is due. In such instances, the custodian will provide clients with a monthly or quarterly statement indicating separate line
items for all amounts disbursed from client accounts.
Other Fees and Expenses
Fees paid by clients to the Firm for non-discretionary investment advice are separate and distinct from the asset
management fees and expenses charged by or incurred within mutual funds, exchange-traded funds, separate account
money managers, limited partnerships, and other pooled investment vehicles that the Firm may recommend.
Fees paid to the Firm do not include custodian or brokerage transaction fees. Clients purchase investments that the Firm
recommends through the broker-dealer of their choice. The Firm is not affiliated with any custodian or brokerage firms. See
Brokerage Practices for more information. Custodians and brokerage firms may charge transaction fees and/or other
similar charges on purchases or sales of certain investments. These costs tend to be small and incidental to the purchase or
sale of a security. Neither the Firm nor any of its Principals or employees share in any commissions or fees charged by our
clients’ custodians or brokerage firms.
Other Benefits or Compensation Received by the Firm or its Principals
As discussed elsewhere in this document—see Code of Ethical Conduct, Participation or Interest in Client Transactions and
Personal Trading—in the event one or more of the Firm’s clients invest in a private investment vehicle recommended by
the Firm, the general partner or manager of such private investment vehicle may permit one or more Principals or
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Item 7- Types of Clients
Description
The Firm generally provides financial counsel and non-discretionary investment advice to individuals and families with
substantial investment assets (i.e., typically in excess of $5 million), high income professionals, and groups of senior
corporate executives (i.e., where we are retained by major corporations on behalf of their officers). The Firm may also
provide similar services to pension and profit-sharing plans, trusts, estates, private foundations, and other charitable or tax-
exempt organizations.
Each client is required to execute a Financial Counseling Agreement, which outlines the scope and terms of the engagement
(including the annual fee to be paid to the Firm). Such Agreement can be terminated as set forth in the Agreement.

B R FA D V I SO R S. C O M                                                                                                    3

Account Minimums
Each Principal establishes relationship asset minimums or annual fee minimums at his or her sole discretion—typically based
on what the Principal deems to be his or her preferred minimum size of client. Minimum annual fees vary between Principals
but tend to start at $25,000.