Bryspen Incorporated

Item 5      Fees and Compensation

FINANCIAL PROFILE SERVICE FEES
Bryspen's Financial Profile Services fee is determined based upon the nature of the information
eventually provided to a client and the complexity of their specific circumstance. All fees are agreed
upon prior to entering into a Financial Profile Agreement with any client. Financial Profile fees are
calculated and charged in one of two ways; 1) on an hourly basis, or 2) for a fixed fee.
Our hourly fee ranges from $375 to $575 per hour. Although the length of time required to prepare a
Financial Profile will depend on each client's personal situation, we will provide an estimated total
hours quote at advisory relationship inception.
Our fixed fees typically range from $3,750 to $5,750 depending on the specific arrangement reached
with the client.
We may request a retainer upon completion of our initial fact-finding session with the client; however,
the advance payment will never exceed $1,200 for work not rendered within a six month period. The
balance is due upon completion of the work. In addition, in rare circumstances we may request that the
client pre-approve travel and other reimbursable expenses incurred in connection with the preparation
of a Financial Profile.
INVESTMENT SUPERVISORY SERVICES
Our annual fees for Investment Supervisory Services are based upon a percentage of assets under
management and generally range from 0.50% to 1.00% according to the following schedule:
Client’s Assets Under Management                            Fee (as a percentage of assets)
$0.00 - $250,000                                                        1.00%
$250,000.01 - $500,000                                                  0.95%
$500,000.01 - $1,000,000                                                0.90%
$1,000,000.01 - $2,000,000                                              0.75%
$2,000,000.01 - $3,000,000                                              0.65%
$3,000,000.01 +                                                         0.50%
Our fees are billed in arrears at the end of each calendar quarter based upon the value (market value or
fair market value in the absence of market value), of the client's account at previous quarter conclusion.
Fees are generally debited from the account (s) with the oral approval of a client or via a written
authorization found within an Investment Advisory Agreement.
Limited Negotiability of Advisory Fees: Although Bryspen has established the aforementioned fee
schedule(s), we retain the discretion to negotiate alternative fees on a client-by-client basis. Client
facts, circumstances and needs are considered in determining the fee schedule. These include the
complexity of the client’s situation, assets to be placed under management, anticipated future additional
assets, related accounts, portfolio style, account composition, reports, among other factors. The
specific annual fee schedule can be determined/identified via either an oral or written agreement
between Bryspen and each client.

At our discretion we may group certain related client accounts for the purposes of achieving the
minimum account size requirements when determining the annualized fee.
Discounts not generally available to our advisory clients, may be offered to family members and
friends of associated persons of our firm.
CONSULTING SERVICES FEES
Bryspen's Consulting Services fee is determined based on the nature of the services being provided and
the complexity of each client’s circumstances. All fees are agreed upon by the client prior to entering
into any agreement.
Our Consulting Services fees are calculated and charged on an hourly basis, ranging from $375 to $575
per hour. An estimate for the total hours is determined at advisory relationship inception.
                                  GENERAL FEE INFORMATION
Termination of the Advisory Relationship: An agreement with a client may be canceled at any time,
by either party, for any reason upon receipt of 30 days written notice. Upon termination of any
relationship, any prepaid, unearned fees will be promptly refunded. Likewise, any earned fees
remaining will be billed.
Mutual Fund Fees: All fees paid to Bryspen for investment advisory services are separate and distinct
from the fees and expenses charged by mutual funds and/or ETFs to their shareholders. These fees and
expenses are described in each fund's prospectus. They typically include a management fee, other fund
expenses, and a possible distribution fee. If the fund also imposes sales charges, a client may pay an
initial or deferred sales charge, however this rarely if ever is the case and Bryspen has not, does not and
will not accept commission compensation (considered by many in the financial services industry to be
a sign of advisor bias, therefore potentially not serving client true best interests) from any source. A
client could invest in a mutual fund directly, sans our help. In that case, they would not receive the
services provided by our firm which are designed, among other things, to assist the client in
determining which mutual funds are most appropriate to each client's financial condition and
objectives. Accordingly, the client should review both the fees charged by the funds and our fees to
fully understand the total amount they are paying (to thereby fairly evaluate the probable value of the
advisory services being provided).
Additional Fees and Expenses: In addition to our advisory fees, clients are also responsible for the
fees and expenses charged by custodians and imposed by broker-dealers, including, but not limited to,
any transaction charges imposed by a broker-dealer with which an independent investment manager
such as Bryspen effects transactions for the client's account(s). Please refer to the "Brokerage
Practices" section (Item 12) of this Form ADV for additional information.
ERISA Accounts: Bryspen is deemed to be a fiduciary to advisory clients that are employee benefit
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Item 7       Types of Clients

Bryspen mainly provides advisory services to the following types of clients: High net worth
individuals (those defined by Advisers Act Rule 205-3 as “Qualified Clients”), Corporations or other
businesses.