Capital Planning LLC

ITEM 5 FEES & COMPENSATION

ADVISORY FEES

Capital Planning, LLC charges a fixed fee percentage on assets under management. Our fee schedule for
Wealth Management Services, Investment Management Services, and Variable Annuity Services are as
follows:

             CPC ANNUAL FEE SCHEDULE – WEALTH MANAGEMENT SERVICES
       Assets                  (WMS-A1)                     (WMS-A2)                       (VAS)
 Under Management          Wealth Management            Wealth Management                Variable
                                Services                     Services                Annuity Services**
                                  CPC Models               Third Party Models*
 First $1M                          1.33%                        1.25%
 Next $1M to $5M                                                                       Fixed Percentage
                                    1.08%                        1.00%
                                                                                         .65% to 1.33%
 Amount over $5M                     .65%                          .59%

          CPC ANNUAL FEE SCHEDULE – INVESTMENT MANAGEMENT SERVICES
      Assets                    (IMS-A1)              (IMS-A2)                             (VAS)
Under Management         Investment Management Investment Management                     Variable
                                Services              Services                       Annuity Services**
                                  CPC Models               Third Party Models*
 First $1M                          1.08%                        1.00%
 Next $1M to $5M                                                                       Fixed Percentage
                                     .93%                         .85%
                                                                                        .635% to 1.08%
 Amount over $5M                     .635%                        .575%

Certain grandfathered clients may have accepted different pre-existing service offerings from Capital
Planning, LLC and may therefore receive services under different fee schedules than as set forth above.
As a result of these factors, similarly situated clients could pay different fees. The services to be
provided by CPC to any particular client could be available from other advisers at lower fees, and certain
clients may have fees different than those specifically set forth above.

Wealth Management & Investment Management Services – CPC Models
Client assets that are in CPC or CPC Custom models are managed by Capital Planning. The day-to-day
responsibility for rebalancing, monitoring and review of performance, asset allocation, and client
investment objectives is provided by Capital Planning.

*Wealth Management Services & Investment Management Services – Third Party Managers
Client assets that are in models managed by third party managers or Independent Managers (Managed
Programs) have the day-to-day responsibility for rebalancing provided by the outside managers. Capital
Planning reduces its advisory fee for the outside management of these models. Account reviews for
performance, asset allocation and investment objectives remain under Capital Planning’s supervision.
Clients receive an Envestnet Statement of Investment Selection (SIS) and associated materials that outline
the additional fees charged by Envestnet and the third party and/or independent managers.

**Variable Annuity Services Fee
Nationwide Annuity clients pay an annual fixed percentage fee that is calculated and agreed upon in the
written Agreement. Fees are prorated and billed quarterly, in arrears, based upon the average daily
balance of the assets under management in the previous quarter.

Reporting Plus Service
Fees are charged and billed in advance or arrears as calculated and agreed upon in the written
agreement.

Negotiability of Fees
Capital Planning, LLC fees are generally not negotiable. Fees may differ based on a number of factors:
       Size of the relationship – larger accounts may receive more favorable pricing.
       Family or related accounts – certain family and/or related accounts may receive more favorable
        pricing.
       Personal acquaintances of our firm may receive more favorable pricing.
       Grandfathered fee schedules – some clients entered into an advisory relationship with CPC
        under different terms that may not be available to new clients.

We may, in our sole discretion, waive or modify our minimum account sizes or advisory fee, or we may
charge a fixed percentage or fixed dollar fee based upon certain criteria (e.g., anticipated future earning
capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts,
account composition, competition, negotiations with client, etc.). As a result, similarly situated clients
could pay different fees.

Client Billing
Clients are billed quarterly in advance or arrears as calculated and agreed upon in the written
Agreement. Billing methods may produce slightly different fees for like services. Clients authorize
Envestnet and custodians, as applicable, to directly debit their accounts. Envestnet compensates the
Independent Managers made available through Envestnet.

Advance Billing. Fees are calculated based upon a percentage (%) of the market value of the Assets
under management in accordance with the tiered fee schedule. The fee shall be prorated and paid
quarterly (excluding Variable Annuity Services), in advance, based upon the market value of the Assets on
the last day of the previous quarter.
In excess of de minimis limits (currently $10,000 or more), fees on contributions and distributions are
calculated on a pro-rated basis determined by the number of days remaining in that calendar quarter.
This does not apply to Variable Annuity Services accounts.
...

ITEM 7 TYPES OF CLIENTS

Capital Planning, LLC generally provides wealth management, investment management and financial
planning & consulting services to the following types of clients:
       Individuals
       High-Net-Worth Individuals
       Trusts
       Estates
       Charitable Organizations
       Corporations
       Limited Liability Companies

Minimum Account Size: Capital Planning, LLC requires a minimum portfolio size of $1 million, although
we may aggregate related accounts for the purposes of achieving our minimum. Our minimum may be
negotiable. Clients should carefully review the disclosure documents of third party sub-advisors and
managers regarding account minimums and whether those account minimums are negotiable.