CDM Financial Counseling Services Inc

Item 5. Fees and Compensation
Thames Financial Management is primarily compensated for financial advisory services based upon the amount and type of assets under
management. The fee rate is determined by the types of securities held (cash, fixed income, equity/options), and the total value of client
portfolios. Multiple accounts within a household are combined to determine the applicable fee rate.

Limited Negotiability of Advisory Fees: Although Thames has established the standard fee schedule below, we retain the discretion to
negotiate alternative fees on a client-by-client basis. Client facts, circumstances and needs are considered in determining the fee schedule.
These include the complexity of the client, assets to be placed under management, anticipated future additional assets, related accounts,
portfolio style, and account composition, among other factors. The specific annual fee schedule is identified in the written agreement
between Thames and each client.

The Fee Schedule for the Equity, Fixed Income, Balanced and Long Options portions of Investment Portfolios is as follows:
                          Value of Assets                   Annual Fee Rate
                          $ 50,000 – 249,999                        1.00%
                          $250,000 – 3,499,999                      0.75%
                                    > 3,500,000                     Negotiable

The Annual Fee Rate for Short Options: 0.50% of Committed Capital.

                                                                                                                457 West Main Street
                                                                                                                  Norwich, CT 06360
                                                                                                                     (860) 886-5108
                                                                                                                 www.thamesct.com

Fees are not currently assessed on the cash/money market portion of portfolios. In the current low interest rate environment, we believe
that it would be inappropriate to assess a fee for assets that can, at best, earn a fraction of our fee. If interest rates increase, we will
reconsider, and may reverse, this policy.

Portfolio supervisory fees as a percentage of assets under management are deducted from client accounts quarterly in arrears. The
quarterly fee is determined by averaging the three month-end balances for the quarter and multiplying the average by 1/4 of the applicable
annual rate.

Investment Advisory Fees based on an hourly rate are billed upon completion of service. The hourly rate for Investment Advisory
Services is $300.00 per hour. Fractional time is charged accordingly. Under certain circumstances charges may apply to client
conferences at the office, telephone conferences, research and review of client investments. At times, expenses incurred on behalf of the
client, such as postage fees, copying, long distance calls, etc., may be charged separately to the client.

In addition to portfolio management fees paid to Thames, under certain circumstances, clients will pay fees to the custodian for brokerage
transactions, and, if mutual funds are owned, fees to the mutual fund for management and administrative services. Please see section 7
for additional brokerage information.

Item 7. Types of Clients
Thames provides portfolio management services to individuals, trusts, estates, pension and profit-sharing plans, and corporations or
other business entities. Thames provides investment supervisory services to high-net-worth clients (investable assets of >$750,000 or
financial net worth of >$1,500,000). Our clients generally have investible assets of >$300,000. In some cases, we do accept clients with
less than these asset levels.