Burkett Financial Services LLC

Item 5 - Fees and Compensation

General Fee Information
Fees paid to us are exclusive of all custodial and transaction costs paid to your custodian, brokers or
other third party consultants. Please see Item 12 - Brokerage Practices for additional information.
Fees paid to us are also separate and distinct from the fees and expenses charged by mutual funds,
ETFs (exchange traded funds) or other investment pools to their shareholders (generally including
a management fee and fund expenses, as described in each fund’s prospectus or offering materials).
You should review all fees charged by funds, brokers, BFS and others to fully understand the total
amount of fees paid by you for investment and financial-related services.

Portfolio Management and Financial Planning Fees
The annual fee schedule, based on a percentage of assets under management, is as follows:

       First $1,000,000                      1.00% (with a maximum quarterly fee of $2,500)
       From $1,000,001 to $2,000,000         0.85% (with a maximum quarterly fee of $4,625)
       From $2,000,001 to $5,000,000         0.65% (with a maximum quarterly fee of $7,875)
       From $5,000,001 to $10,000,000        0.50% (with a maximum quarterly fee of $14,125)
       From $10,000,001 and above            0.40% (with no maximum quarterly fee)

We require a minimum portfolio value of $500,000. We may, at our discretion, make exceptions to
the foregoing or negotiate special fee arrangements where we deem it appropriate under the
circumstances.

Portfolio management fees are generally payable quarterly, in arrears. If management begins after
the start of a quarter, fees will be prorated accordingly. With your authorization and unless other
arrangements are made, fees are normally debited directly from your account(s).

Either BFS or you may terminate your Investment Management Agreement at any time, subject to
any written notice requirements in the agreement. In the event of termination, any paid but
unearned fees will be promptly refunded to you based on the number of days that the account was
managed, and any fees due to us from you will be invoiced or deducted from your account prior to
termination.

Financial Planning Fees
From time to time, we are asked to provide a financial plan separate from portfolio management
services, the fee for these services is negotiated at the time of the engagement, and is normally
based on an hourly fee basis.

General Consulting Fees
When we provide general consulting services to you, these services are generally separate from our
financial planning and portfolio management services. Fees for general consulting are negotiated at
the time of the engagement for such services, and are normally based on an hourly or fixed fee
basis.

Item 7 - Types of Clients

We serve individuals, pension and profit-sharing plans, trusts, and estates. We impose a minimum
portfolio value of $500,000. Under certain circumstances and in our sole discretion, we may
negotiate such minimums.