Cascade Financial Partners LLC

Fees and Compensation

The following types of fees will be assessed:

Asset Management – Fees are charged quarterly in arrears and are based primarily on the
average daily balance of the assets and the level of complexity of the services provided. In
individual cases, Cascade has the sole discretion to negotiate fees that are lower than the standard
fee shown or to waive fees. Fees are not based on the share of capital gains or capital
appreciation of the funds or any portion of the funds. Comparable services for lower fees may be
available from other sources. Fees for the initial quarter will be prorated based upon the number
of calendar days in the calendar quarter that the advisory agreement is in effect. Fees are based
on the average daily market value of the assets for the previous quarter. Annual fees range from
0.40% - 0.95%, depending on the amount of assets under management (“AUM”) – See chart
below. Consulting services are included in these fees for asset management services.

Fee Schedule for Asset Management:

   Total Account Value                                  Maximum Annual Advisory Fee
  First $1,000,000                                               0.95%
  Next $1,000,000                                                0.80%
  Next $3,000,000                                                0.70%
  Next $5,000,000                                                0.50%
  Above $10,000,000                                              0.40%

As authorized in the client agreement, the account custodian withdraws Cascade Financial
Partners, LLC’s advisory fees directly from the clients’ accounts according to the custodian’s
policies, practices, and procedures. The custodial statement includes the amount of any fees paid
to Cascade for advisory services. You should carefully review the statement from your
custodian/broker-dealer’s statement and verify the calculation of fees. Your custodian/broker-
dealer does not verify the accuracy of fee calculations.

Fees are charged in arrears on a quarterly basis, meaning that advisory fees for a quarter are
charged on the first day of the following quarter. We may utilize margin accounts, when
this happens, we typically assess fees on your “gross” assets.

Clients may terminate investment advisory services obtained from Cascade without penalty
upon written notice within five (5) business days after entering into the advisory agreement
with Cascade. The client is responsible for any fees and charges incurred by the client from
third parties as a result of maintaining the account such as transaction fees for any securities
transactions executed and account maintenance or custodial fees. Thereafter, the client may
terminate advisory services upon written notice delivered to and received by Cascade. Clients
who terminate investment advisory services during a quarter are charged a prorated advisory
fee based on the date of Cascade’s receipt of client’s written notice to terminate. Any earned
but unpaid fees are immediately due and payable, and any prepaid and unearned fees will be
immediately refunded.

Additional Fees and Expenses

In addition to advisory fees paid to Cascade as explained above, clients may pay custodial
service, account maintenance, transaction, and other fees associated with maintaining the
account. These fees vary by broker and/or custodian. Clients should ask Cascade for details on
transaction fees or other custodial fees specific to their account, as these fees are not included in
the annual advisory fee. Cascade does not share any portion of such fees. Additionally, for any
mutual funds purchased, the client may pay their proportionate share of the funds’ distribution,
internal management, investment advisory and administrative fees. Such fees are not shared
with Cascade and are compensation to the fund manager. Clients are urged to read the mutual
fund prospectus prior to investing.

As part of our investment advisory services to you, we may invest, or recommend that you invest,
in mutual funds and exchange-trade funds. The fees that you pay to our firm for investment
advisory services are separate and distinct from the fees and expenses charged by mutual funds or
exchange traded funds (described in each fund's prospectus) to their shareholders. These fees will
generally include a management fee and other fund expenses. You will also incur transaction

charges and/or brokerage fees when purchasing or selling securities. These charges and fees are
typically imposed by the broker- dealer or custodian through whom your account transactions are
executed. We do not share in any portion of the brokerage fees/transaction charges imposed by
the broker-dealer or custodian. To fully understand the total cost you will incur, you should
review all the fees charged by mutual funds, exchange traded funds, our firm, and others. For
information on our brokerage practices, please refer to the Brokerage Practices section of this
brochure.

We may use third-party services to assist clients in accessing alternative investments, including
private fund opportunities. Clients do not pay any additional fees to us for the use of these
services. Clients should be aware that private funds themselves typically charge fees and
expenses in addition to our advisory fees. These fees are set by the fund sponsor and are fully
disclosed in the fund offering documents.

Form ADV, Part 2A, Item 6

          Performance-Based Fees and Side-By-Side Management

Cascade Financial Partners, LLC, does not charge performance-based fees or participate in side-
by-side management. Side-by-side management refers to the practice of managing accounts that
are charged performance-based fees while at the same time managing accounts that are not
charged performance-based fees. Performance-based fees are fees that are based on a share of
capital gains or appreciation of the assets of a client. Our fees are calculated as described in Fees
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Types of Clients

Cascade offers investment advisory services to individuals and high net worth individuals. We
do not impose a minimum account size to open and maintain an advisory account.

When we provide investment advice to you regarding your retirement plan account or individual
retirement account, we are fiduciaries under Title I of the Employee Retirement Income Security
Act (ERISA) and/or the Internal Revenue Code, as applicable. These laws govern retirement
accounts and require that we act in your best interest when giving advice.

This applies to clients who have retirement accounts, including 401(k) plans, IRAs, and similar
retirement accounts. Because the way we make money can create conflicts with your interests, we
operate under a special rule that requires us to act solely in your best interest and not put our
interests ahead of yours. Under this rule, we must:

   •   Meet a professional standard of care when making investment recommendations (give
       prudent advice);
   •   Never put our financial interests ahead of yours when making recommendations (give loyal
       advice);
   •   Avoid misleading statements about conflicts of interest, fees, and investments;

   •   Follow policies and procedures designed to ensure that we give advice that is in your best
       interest;
   •   Charge no more than is reasonable for our services; and
   •   Give you basic information about conflicts of interest.

We benefit financially from the rollover of your assets from a retirement account to an account that
we manage or provide investment advice, because the assets increase our assets under management
and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is
in your best interest.

Form ADV, Part 2A, Item 8

       Methods of Analysis, Investment Strategies, and Risk of Loss

Cascade’s methods of analysis and investment strategies incorporate the client’s needs and
investment objectives, time horizon, and risk tolerance. Cascade is not bound to a specific
investment strategy for the management of investment portfolios but rather consider the risk
tolerance levels pre-determined gathered at the account opening, as well as on an on-going basis.
Examples of methodologies that our investment strategies may incorporate include:

Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a
mix of asset classes and the efficient allocation of capital to those assets by matching rates of
return to a specified and quantifiable tolerance for risk.

Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar
amount of securities at regularly scheduled intervals, regardless of the price per share. This will
gradually, over time, decrease the average share price of the security. Dollar-cost averaging
lessens the risk of investing a large amount in a single investment at the wrong time.

Technical Analysis – involves studying past price patterns and trends in the financial markets
to predict the direction of both the overall market and specific stocks.

Long-Term Purchases – securities purchased with the expectation that the value of those
securities will grow over a relatively long period of time, generally greater than one year.

Short-Term Purchases – securities purchased with the expectation that they will be sold within a
relatively short period of time, generally less than one year, to take advantage of the securities’
short term price fluctuations.

Our strategies and investments may have unique and significant tax implications. Regardless of
your account size or other factors, we strongly recommend that you continuously consult with a
tax professional prior to and throughout the investing of your assets.

Investing in securities involves risk of loss that clients should be prepared to bear. Although we
manage your portfolio with strategies and in a manner consistent with your risk tolerances, there
can be no guarantee that our efforts will be successful. You should be prepared to bear the risk
of loss.

All investments involve the risk of loss, including (among other things) loss of principal, a
reduction in earnings (including interest, dividends, and other distributions), and the loss of
future earnings. Regardless of the methods of analysis or strategies suggested for your
particular investment goals, you should carefully consider these risks, as they all bear risks.

Cascade’s primary goal for investing is to help the client maintain purchasing power over the
long term. This may result in short-term variability and loss of principal. Time horizon and risk
tolerance are key determinates of the proper asset allocation. Cascade’s approach focuses on
taking appropriate risks for which clients are compensated (i.e. market risk) and seeking to limit
or eliminate risks that do not provide compensation over the long term (i.e. individual stock risk
or lack of portfolio risk).

Below are some more specific risks of investing:

Market Risk. The prices of securities in which clients invest may decline in response to certain
events taking place around the world, including those directly involving the companies whose
securities are owned by the client or an underlying fund; conditions affecting the general
economy; overall market changes; local, regional or global political, social or economic
instability; and currency, interest rate and commodity price fluctuations. Investors should have a
long-term perspective and be able to tolerate potentially sharp declines in market value.

Management Risk. Cascade’s investment approach may fail to produce the intended results. If
our perception of the performance of a specific asset class or underlying fund is not realized in
the expected time frame, the overall performance of client’s portfolio may suffer.

Equity Risk. Equity securities tend to be more volatile than other investment choices. The value
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