Capital and Planning LLC

ITEM 5 – FEES AND COMPENSATION

INVESTMENT MANAGEMENT FEES AND COMPENSATION

Our Firm charges a fee as compensation for providing Investment Management services on your account. These
services include advisory services, trade entry, investment supervision, and other account maintenance activities.
Our recommended Custodian charges transaction costs, custodial fees, redemption fees, retirement plan and
administrative fees or commissions. See Additional Fees and Expenses below for details.
A calendar quarterly investment management fee is billed in advance based on the market value of your account
during the previous calendar month.
CAP charges an annual investment advisory fee based on the total assets under management as follows:

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                       Assets Under Management                 Annual Tiered Advisory Fee Schedule

                           First $0 - $1,000,000                                1.20%

                     Next $1,000,000.01 - $2,000,000                            1.00%

                     Next $2,000,000.01 - $3,000,000                            0.80%

                        Next Over $3,000,000.01                                 0.60%

                               Billing frequency:                          Quarterly in Advance
                          Fees are billed based on:                    End of Calendar Quarter Value

Example: $4,000,000 Account:

                    Assets Under Management           Annual Advisory Fee         Annual Fee per Tier
                         First $1,000,000                    1.20%                      $12,000.00

                         Next $1,000,000                     1.00%                      $10,000.00
                         Next $1,000,000                     0.80%                      $8,000.00
                         Next $1,000,000                     0.60%                      $6,000.00

                  Effective Advisory Fee Rate         $36,000 / $4,000,000                0.90%
                  Total Annual Advisory Fee               $36,000.00
                  Quarterly Advisory Fee                   $9,000.00

This is a tiered or breakpoint fee schedule, meaning the entire account is charged the same management fee. The
annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of assets, anticipated future
earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts,
account composition, negotiations with Clients, etc.). Our employees and their family-related accounts are
charged a reduced fee for our services.
The relevant fee and billing method is defined and agreed to by the firm and the client in the executed Investment
Advisory Agreement. This fee may be debited directly from your investment account or you may pay this fee
separately. You will need to indicate how you would like to pay this fee in your Investment Advisory Agreement.
Unless otherwise instructed by the Client, we will aggregate related client accounts for the purposes of
determining the account size and annualized fee. The common practice is often referred to as “house-holding”
portfolios for fee purposes and may result in lower fees than if fees were calculated on portfolios separately. Our
method of house-holding accounts for fee purposes looks at the overall family dynamic and relationship. When
applicable, and noted in Appendix of the Investment Management Agreement, legacy positions will also be
excluded from the fee calculation.
The independent and qualified custodian holding your funds and securities will debit your account directly for the
advisory fee and pay that fee to us. When establishing a relationship with CAP, you provide written authorization
permitting the fees to be paid directly from your account held by the qualified custodian. Further, the qualified

CAPITAL AND PLANNING | PART 2A BROCHURE                                                   MARCH 2026 | PAGE 7 OF 25

Custodian agrees to deliver an account statement to you on a monthly basis indicating all the amounts deducted
from the account including our advisory fees.
Clients may terminate their engagement with CAP within five (5) business days of signing an Agreement with no
obligation and without penalty. After the initial (5) business days, the Agreement may be terminated by CAP with
thirty (30) days written notice to Client and by the Client at any time with written notice to CAP. For accounts
opened or closed mid-billing period, fees will be prorated based on the days services are provided during the given
period. All unpaid earned fees will be due to CAP. Additionally, all unearned fees will be refunded to the Client.
Any increase in fees will be acknowledged in writing by both parties before any increase in said fees occurs.
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 client’s death or disability, CAP will continue
management of the account until we are notified of client’s death or disability and given alternative instructions
by an authorized party.
CAP fees are not based on, or related to, the performance of your funds or investments.

FINANCIAL PLANNING FEES

Our Firm provides financial planning services in conjunction with our investment advisory services. There is no
additional charge for this service.

ITEM 7 - TYPES OF CLIENTS

CAP’s Clients are generally individuals, small businesses, trusts, estates, high net-worth individuals, and charities.
Client relationships vary in scope and length of service.
There is no minimum account size and Clients are not required to have a certain amount of investment experience
or sophistication.