Castle Financial & Retirement Planning Associates Inc

FEES AND COMPENSATION

Planning and Consulting Service Fees:

Castle Financial's financial planning and consulting fees range from $500 to $2,500 on a fixed fee
basis, or up to $150 on an hourly rate basis, depending upon the level and scope of the services
required and the professionals rendering the service. Financial planning and consulting service
clients are generally charged an initial consultation fee of $100. If clients engage Castle Financial
for financial planning or consulting services following the initial consultation, fifty percent (50%)
of any fixed fee is payable upon signing Castle Financial’s Comprehensive Financial Advisor
Agreement, with the balance payable upon completion of the financial planning or consulting
service. Prepayment of fees will not exceed $1,200, unless the services are rendered within six (6)
months of execution of the Comprehensive Financial Advisor Agreement.
If clients engage Castle Financial for financial planning or consulting services following the initial
consultation on an hourly basis, an initial retainer may be required upon signing Castle Financial’s
Comprehensive Financial Advisor Agreement. Clients are billed in fifteen (15) minute increments
($37.50 maximum per 15 minutes) and the total fee will be deducted from the client’s account or
invoiced if the money is not available or the client so desires at the end of the consultation. Castle
Financial’s Advisor reserves the right to negotiate financial planning and consulting service fees
on a case-by-case basis.
Termination of Planning and Consulting Services
Clients may terminate Castle Financial’s Comprehensive Financial Advisor Agreement at any time
without penalty upon notice. If a client is contracted for consulting services or a financial plan and
terminates the agreement prior to completion of services or receiving the plan, the retainer is
refunded less the applicable hourly charge for any completed work.

Investment Management Fees
Castle Financial charges an annual investment management fee based on a percentage of the
market value of the assets being managed by Castle Financial. Castle Financial's fee is generally
between 0.40% or 1.50% of assets under management, depending upon the negotiations between
the client, the complexity of the relationship and various other objective and subjective factors.
The investment management fees are payable quarterly in arrears, based upon the average daily
balance of the client’s account during the previous quarter as valued by the Custodian.

Castle Financial’s investment advisory fee is negotiable at its discretion, depending upon objective
and subjective factors including but not limited to: the amount of assets to be managed; portfolio
composition; the scope and complexity of the engagement; the anticipated number of meetings
and servicing needs; related accounts; future earning capacity; anticipated future additional assets;
the professional(s) rendering the service(s); prior relationships with Castle Financial and/or its
representatives, and negotiations with the client. As a result of these factors, similarly situated
clients could pay different fees, the services to be provided by Castle Financial 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.

Castle Financial’s fee shall include investment management services, and general financial
planning and consulting services. In the event that the client requires extraordinary planning and/or
consultation services (to be determined in the sole discretion of the Advisor), Castle Financial may
determine to charge for such additional services pursuant to a separate agreement requiring client
signature.

Castle Financial generally requires a minimum of $250,000 for investment management services.
For investments that do not have a readily available market value, Castle Financial’s Advisor may
calculate its investment management fee based on the initial cost of the investments. Castle
Financial’s Advisor, in his sole discretion, may waive the account minimum and/or charge a lower
or no management fee based on various criteria (i.e., pre-existing financial planning client,
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to
be managed, related accounts, account composition, negotiations with client, etc.).

Upon signing Castle Financial’s Investment Advisory Agreement, the client authorizes the
custodian to deduct the Investment Management Fee from their Account(s) and remit the same to
Castle Financial pursuant to its invoice. The Advisor sends a quarterly invoice to the Custodian
setting forth the amount of the investment management fee that is due for the quarter, and the
investment management fees are directly deducted from the client’s account(s). The custodian
shall not be required to verify the Advisor’s calculation of the management fee. To satisfy the
payment of the management fee, funds will be deducted directly from the Account(s), and if
necessary, from liquidating holdings in the following order: (a) cash positions: (b) money market
funds, or (c) current positions in the Account. It should be noted that some mutual funds and
securities that are purchased and sold for the Account may have transaction fees, commissions,
and/or redemption fees that will be charged to the client. These transaction fees, etc. are not shared
with Castle Financial or its Advisor and are paid directly to the broker/dealer or custodian.

All fees paid to Castle Financial are separate and distinct from other fees the client may pay,
including transaction fees, short term trading fees, underlying mutual fund fees and expenses paid
to the fund by shareholders of the fund as outlined in each fund's prospectus, and custodial fees.
In addition, clients may pay brokerage and transaction fees, commissions, transfer taxes, exchange
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TYPES OF CLIENTS

Castle Financial’s clients are generally comprised of individuals, retirement plans, 401k plans,
trusts and corporations.

METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS