Bruce G Allen Investments LLC

ITEM 5 - FEES AND COMPENSATION

Investment Management Fees and Compensation
Bruce G. Allen Investments charges a fee as compensation for providing Investment
Management services on your account. These services include advisory and consulting
services, trade entry, investment supervision, and other account-maintenance activities.
Our custodian charges transaction costs, custodial fees, redemption fees, retirement plan
and administrative fees or commissions. See Additional Fees and Expenses below for
additional details.

The fees for portfolio management are based on an annual percentage of assets under
management and are applied to the account asset value on a pro-rata basis and billed
quarterly in advance. The initial fee will be based upon the portfolio's market value on the
last business day of the partial quarter, prorated for the number of days in the quarter that
your account is under management. Thereafter, the quarterly fee will be calculated on last
day of the calendar quarter. The market value will be determined as reported by the
Custodian. Unless otherwise agreed upon and stated in the Investment Management
Agreement, fees are assessed on all assets under management, including securities, cash,
and money market balances.

Our maximum annual advisory fee is for accounts paying a percentage of assets under
management is typically less than 1.25%. The specific advisory fees are set forth in your
Investment Advisory Agreement. Fees may vary based on the size of the account,
complexity of the portfolio, extent of activity in the account or other reasons agreed upon
by us and you as the client. Additional deposits and withdrawals will be added or
subtracted from portfolio assets, as the case may be, which may lead to an adjustment of
the account fee. Our employees and their family-related accounts are charged a reduced
fee for our services.

Unless instructed by the client, we will aggregate asset amounts in accounts from your
same household together to determine the advisory fee for all your accounts. We would
do this, for example, where we also service accounts on behalf of your minor children,
individual and joint accounts for a spouse, and/or other types of related accounts. This
consolidation practice is designed to allow you the benefit of an increased asset total,
which could potentially cause your account(s) to be assessed a lower advisory fee.
      Bruce G. Allen Investments, LLC - 3200 E Cherry Creek South Drive, Suite 640 Denver, Colorado 80209
                                     FORM ADV 2A Brochure – March 2026

The independent qualified custodian holding your funds and securities will debit your
account directly for the advisory fee and pay that fee to us. You will provide written
authorization permitting the fees to be paid directly from your account held by the
qualified custodian. Further, the qualified custodian agrees to deliver an account
statement at least quarterly directly to you indicating all the amounts deducted from the
account including our advisory fees. At our discretion, you may pay the advisory fees by
check. You are encouraged to review your account statements for accuracy.

Either Bruce G. Allen Investments or you may terminate the management agreement
immediately upon written notice to the other party. The management fee will be pro-rated
to the date of termination, for the month in which the cancellation notice was given and
refunded to you. Upon termination, you are responsible for monitoring the securities in
your account, and we will have no further obligation to act or advise with respect to those
assets. In the event of a client’s death or disability, Bruce G. Allen Investments will continue
management of the account until we are notified of client’s death or disability and given
alternative instructions by an authorized party.

       Administrative Services Provided by Black Diamond Performance Reporting, LLC
       We have contracted with Black Diamond Performance Reporting, LLC (referred to
       as “Black Diamond”) to utilize its technology platforms to support data
       reconciliation, performance reporting, fee calculation and billing, research, client
       database maintenance, quarterly performance evaluations, payable reports, web
       site administration, models, trading platforms, and other functions related to the
       administrative tasks of managing client accounts. Due to this arrangement, Black
       Diamond will have access to client accounts, but Black Diamond will not serve as
       an investment advisor to our clients. Bruce G. Allen Investments and Black Diamond
       are non-affiliated companies. Black Diamond charges Bruce G. Allen Investments
       an annual fee for each account administered by Black Diamond. The annual fee is
       paid from the portion of the management fee retained by us.

Financial Planning Fees
Bruce G. Allen Investments will negotiate the planning fees with you. Fees may vary based
on the extent and complexity of your individual or family circumstances and the amount
of your assets under our management. We will determine your fee for the designated
financial advisory services based on a fixed fee arrangement.

Under our fee arrangement, any fee will be agreed in advance of services being performed.
The fee will be determined based on factors including the complexity of your financial
situation, agreed-upon deliverables, and whether or not you intend to implement any
recommendations through Bruce G. Allen Investments. Fixed fees for financial plans range
from $1,000 to $15,000.

      Bruce G. Allen Investments, LLC - 3200 E Cherry Creek South Drive, Suite 640 Denver, Colorado 80209
                                     FORM ADV 2A Brochure – March 2026

Typically, we complete a plan within a month and will present it to you within 90 days of
the contract date, provided that you have provided us all information needed to prepare
...

ITEM 7 - TYPES OF CLIENTS

We provide investment advice to high-net-worth individuals, family foundations, trusts,
retirement plans and businesses. Our minimum initial account value is $1,000,000;
however, we may accept accounts for less than the minimum at our sole discretion.