Capital Ideas LLC

Item 5 Fees and Compensation
 Portfolio Management Program Fee Schedule

     Account Balances                           Annual Charge
     Up to $1,000,000                           Up to 1.5%
     Over $1,000,000                            Up to 1.0%

 There is no minimum annual fee per account. The fee schedule includes all funds eligible for
 equity investment, including funds that may be temporarily invested in money market funds. Our

12720 Hillcrest Rd., Suite 910, Dallas Texas 75230   Phone (214) 750-4400   Fax (214) 466-1990   www.cap-ideas.com

 account minimums and fees charged are negotiable in situations where your portfolio size begins
 outside our published fee brackets or in other situations deemed appropriate by us in our sole
 discretion.

 One fourth of the annual fee is payable at the end of each calendar quarter, based on the portfolio
 value at the end of that quarter. Fees are calculated on the value of all assets under management
 on the last business day of the quarter by multiplying the assets under management market value
 by the relevant percent and dividing such product by four (4). New clients will be pro-rata billed to
 the next valuation date based on assets placed with us.

 Portfolio Management fees will be billed in one of two ways:

 (1) Fees will be directly deducted from your account(s) at the custodian quarterly in arrears within
 thirty (30) days following the end of the quarter. We will send the qualified custodian written notice
 of the amount of the fee to be deducted from your account.

 We and/or the custodian shall provide written notice/invoice documentation reasonably
 supporting the determination of the investment advisor fees. The custodian will send to you a
 monthly account statement that shows the amount of our advisory fee. We will provide an invoice
 with the value of your assets upon which the fee was based and the specific manner in which the
 fee was calculated. We will verify that the custodian sends account statements on a quarterly
 basis.

 You should compare invoices for advisory fees to the corresponding custodian statement.
 Statements should be received from the custodian no less than quarterly. If statements are not
 received, contact us immediately.

 (2) Fees will be directly invoiced on a quarterly basis within (30) days following the end of the
 quarter and payable within five days of the due date.

 Termination

 You can request us to cease management supervision at any time for any reason with a 30-day
 prior written notice. A pro-rata fee will be charged for services rendered up to the date of
 termination. You will be responsible for any fees or charges incurred by you from third parties as
 a result of maintaining the account or for any securities transactions executed. In the case that we
 receive written notice of the termination of the management agreement, we to the best of our
 ability will fulfill any specific instructions in the written notice. If no specific instructions are given,
 we shall honor our basic fiduciary responsibility to preserve capital.

 Infrastructure PLUS Strategy Fee Schedule

 The fees payable to us for both the subadvisery services and providing the model portfolio to RIAs
 depend upon the fee arrangement between us and the RIA. The basic fee schedule for these
 services will vary based on the RIA and will be determined in the subadvisery agreement.

 ERISA and the Pension Protection Act of 2006 (PPA)

 We also have IRA accounts or other retirement accounts which are subject to the Pension
 Protection Act of 2006 (PPA). In all cases an “eligible investment advice arrangement” or advisory
 agreement will be executed with the client. We will be considered a “fiduciary advisor” and will
 charge fees to the retirement account based on a level-fees basis which means the fees will not
 vary depending on the basis of the investment option selected.

12720 Hillcrest Rd., Suite 910, Dallas Texas 75230   Phone (214) 750-4400   Fax (214) 466-1990   www.cap-ideas.com

 Additional Types of Fees or Expenses

 In addition, you will pay fees for custodial services, account maintenance, transaction fees and
 other fees associated with maintaining an account. We share in a portion of such fees. You will also
 pay commissions on advisory account trades. This is an additional payment to the adviser, over
 and above the fee based on assets under management.

 Other Compensation Received

 Many of our client accounts for both securities and funds are maintained at Wells Fargo Clearing
 Services, LLC (Member FINRA/SIPC), the designated custodian and clearing firm for Rhodes
 Securities, Inc. (Member FINRA/SIPC). Two of our advisory agents are registered representatives
 of Rhodes Securities, Inc. In this capacity, our advisory agents sell securities through Rhodes
 Securities, Inc. and receive discounted commissions as a result of such purchases and sales.
 This presents a conflict of interest to the extent that the advisory agent recommends that you
 invest in a security which results in a commission being paid to the advisory agent. Neither our
 Firm nor its advisory agents are affiliates of Wells Fargo Clearing Services, LLC.

Item 7 Types of Clients
 Client Base

 Our client base consists of individuals, high net worth individuals, pension and profit-sharing plans,
 trusts, estates, charitable organizations, family limited partnerships, corporations and other
 business entities. These are the types of clients that we service, but we may not have all these
 types as current clients.

 Conditions for Account Management

 We have imposed a minimum account size of $500,000 in assets to be managed by us. We will
 aggregate related accounts in the same household to meet account minimums. We do make
 exceptions to this minimum from time to time based on individual factors.