Campbell Asset Management LLC

Item 5: Fees and Compensation
Campbell Asset is a fee-only wealth management firm and our investment advisory fees are
based on percentage of assets under management.

Our investment advisory fees are billed quarterly in advance and deducted directly from client
accounts. Both Campbell Asset’s investment advisory agreement and the custodial/clearing

agreement may authorize the custodian of the assets (which is not Campbell Asset) to debit the
client account and directly remit that management fee to Campbell Asset in compliance with
regulatory procedures. Clients may request in writing to Campbell Asset that all fees be
debited from one account. If desired, clients may request to pay for investment advisory
services directly by check, and payment is due upon receipt of invoice. As an SEC-registered
adviser, the Firm will rely on the qualified custodian(s) to send client’s monthly account
statements which will reflect the quarterly billing amount in the month it occurs.

Our investment advisory fee structure is as follows: 1.) for individual clients with a household
balance at or below $5,000,000, the annual fee is 1.0%; 2.) for individual clients with
$5,000,000.01 or more in aggregate investment account balances, the annual fee for the first
$5,000,000 is 1.0%, and the annual fee for assets above $5,000,000 is 0.50%. For the purpose
of determining our investment advisory fee, we use the ending value of the account(s) on the
last business day of the quarter, which will fall on or about March 31st, June 30th, September
30th, and December 31st. Advisory fees for existing clients are subsequently adjusted at the
end of the quarter to reflect contributions to or withdrawals from the account(s) on a pro rata
basis from the date of transaction.

Campbell Asset may also act as a subadviser to unaffiliated third-party advisers and Campbell
Asset would receive a share of the fees collected from the third-party adviser’s client. The fees
charged are negotiable and will not exceed any limit imposed by any regulatory agency. This
relationship will be memorialized in each contract between Campbell Asset and the third-party
adviser. Subadviser fees may be withdrawn from client’s accounts or clients may be invoiced for
such fees, as disclosed in each contract between and the applicable third-party adviser.

Campbell Asset financial planning fees are calculated either on a project basis or on an ongoing
basis. Campbell Asset and the client will outline the scope of financial planning work and will
establish an estimated fee prior to client engagement.

Pre-existing clients are subject to Campbell Asset’s minimum account balances and advisory
fees in effect at the time the client entered into the advisory relationship. For institutional
clients, employer-sponsored retirement plans, immediate family members of employees, and
other situations, Campbell Asset reserves the right to and may negotiate a fee that is
appropriate for the types of services rendered. Campbell Asset may aggregate certain related
client accounts for the purpose of meeting the minimum account balance.

In addition, clients may incur additional fees or expenses such as transfer of account fees,
trading costs, transaction fees, prime brokerage fees, or other fees that may be associated with
the maintenance of the account. Campbell Asset receives no compensation from these fees,
and the fees are set by the custodian or broker-dealer of the assets. Although the commission
or transaction fee paid by Campbell Asset’s clients shall comply with Campbell Asset's duty to
obtain best execution, a client may pay a commission or transaction fee that is higher than that
of another qualified custodian or Prime Broker. Campbell Asset will determine, in good faith,

that the commission or transaction fee is reasonable in relation to the value rendered. The
brokerage commissions or transaction fees charged by the designated custodian or broker-
dealer are exclusive of, and in addition to, Campbell Asset’s investment management fee.

Either Campbell Asset or the client may terminate the Investment Advisory Agreement by
providing written notice of termination to the other party pursuant to the terms of said
agreement. If an investment advisory relationship is terminated before the end of a quarterly
billing period, Campbell Asset will issue a prorated refund based on the date of termination via
deposit to the client’s accounts or a check mailed to the client at the address of record.

Campbell Asset does not accept compensation for the sale of securities or other investment
products.

Tax Return Preparation Services Fees: Tax Return Preparation Services are provided on a flat
rate basis as agreed upon between Campbell Asset and the client prior to the work being
performed. Most engagements range from $1,250 to $5,000 for engagements for individual and
small business returns. Tax planning and preparation fees for more complex individuals,
businesses, and estates can be in excess of $10,000 subject to the estimation of time and effort
required to finalize the accounting necessary to prepare the return based on an hourly rate of
approximately $350. For tax returns priced at $1,500 or less, full payment is due in advance.
For tax returns priced at $1,501 or more, half of the payment will be due in advance and the
remainder will be due upon completion of the return. All fees are negotiable at the discretion
of the Financial Advisor based on the complexity. Fees to be paid will be ACH or check with half
due upon initial engagement and half due at completion of tax return.

Item 7: Types of Clients
Campbell Asset provides financial planning and investment advisory services for individuals,
high-net worth individuals, corporations or other businesses, pension and profit sharing plans,
trusts, estates, and charitable organizations. Campbell Asset maintains a minimum household
account balance of $250,000.