Center for Asset Management LLC

Item 5: Fees and Compensation

Asset Management Fees

Fees charged for our asset management services are charged based on a percentage of assets
under management, billed in advance (at the start of the billing period) on a quarterly calendar
basis and calculated based on the fair market value of your account as of the last business day
of the prior billing period. Fees are prorated (based on the number of days service is provided
during the initial billing period) for your account opened at any time other than the beginning
of the billing period. If our asset management services begin in the middle of a billing period,
the prorated fee will be charged at the end of the next calendar quarter. Fees for the initial billing
period will be billed in arrears at the same time as the next full billing period’s fee is billed in
advance. If your account is terminated on a date other than the last business day of a quarter,
pro-rated fees will be refunded for the time remaining in the quarter for which you were already
billed, using the number of days in the quarter prior to termination.

The fees charged by CFAM for our asset management services range from .70% to 1.50%
annually and are generally based on the amount of assets a client has under management with
CFAM. If CFAM elects to manage a client’s assets through AssetMark, CFAM clients are also
charged a “platform fee” by AssetMark, which will range from .10% to 1.0%, depending on
which of AssetMark’s Investment Solutions, and/or Sub-Advisers, are utilized to manage your
accounts. AssetMark provides full disclosure of the applicable fees for the various investment
options offered by AssetMark. See “Fees for Third-Party Management/Sub-Advisory Services”
for details about the AssetMark fees.

Fees charged for our asset management services are negotiable based on the type of client, the
complexity of the client's situation, the composition of the client's account (i.e., equities versus
mutual funds), the potential for additional assets, deposits, the relationship of the client with
the IAR, and the total amount of assets under management for the client. The exact amount of
fee that will be charged for our asset management services will be specified in your asset
management agreement with CFAM (“AMA”) .

CFAM believes that its annual fee is reasonable in relation to: (1) services provided and (2) the
fees charged by other investment advisers offering similar services/programs. However, our
investment advisory fees may be higher than those charged by other investment advisers offering
similar services/programs. Our investment advisory fees will be deducted from your account
and the investment advisory fees will be paid directly to our firm by the qualified

custodian(s) of your account. Your agreement with the qualified custodian (“Custodian”) will
authorize the Custodian of your account to deduct fees directly from your account and pay
applicable fees directly to our firm. Please note that you should always review your account
statements received from the Custodian(s) and verify that appropriate the asset management fees
are deducted. The Custodian(s) charges your account at our direction and will not verify the
accuracy of the investment advisory fees deducted.

Fees will be charged to your account by other service providers in addition to the fees charged
for our asset management services. Such fees include, if applicable:

   •   A Platform Fee paid to AssetMark (see below for details) of .10% to 1%, which includes
       transaction fees for any transactions in your account directed by AssetMark or CFAM
       Commissions and/or transaction fees charged by your Custodian outside of ordinary
       portfolio management transactions;
   •   Embedded mutual fund/ETF management fees charged by the sponsor of the applicable
       mutual fund and/or ETF, including mutual fund sales charges and 12b-1 fees for
       marketing and distribution;
   •   IRA and retirement plan fees, as applicable.

The fees listed above would be charged by the Custodian, AssetMark, or other broker-dealers
and are not charged by or received by CFAM. Each will be separately described to you, as
applicable, by AssetMark, and the Custodian/broker-dealer, in your agreement with such
party. Your agreement to hire a third party asset manager, such as AssetMark, will be in your
asset management agreement, or AMA, with CFAM. Mutual Fund and ETF management fees,
sales fees and 12b-1 fees will be disclosed and described in the prospectus for the relevant
mutual fund and/or ETF.

All fees paid to CFAM for asset management services are separate and distinct from the fees and
expenses charged by mutual funds and ETFs to their shareholders. These fees and expenses are
described in each mutual fund’s or ETF’s prospectus. These fees will generally include a
management fee, other fund expenses and a possible distribution fee. Such fees are usually
“embedded” in the mutual funds’ NAV (Net Asset Value), meaning that the fees are reflected in
the mutual fund’s or ETF’s market value. If the fund also imposes sales charges, you will pay an
initial or deferred sales charge.

If you retain CFAM to implement the recommendations provided under this service, CFAM
recommends both no-load mutual funds and load mutual funds that charge 12b-1 fees.

Fees for Third Party Management/Sub-advisory Services

If we manage your account utilizing a platform such as AssetMark, you will incur fees charged
by the platform provider in addition to the investment advisory fees charged by CFAM.
AssetMark’s fees include all transaction fees and investment management fees related to the
management of your account (“Wrap Fees”). This type of fee arrangement is referred to as a
“wrap account,” which means that transaction fees, platform fees, custody fees and asset
management fees are included and that AssetMark will remit payment of a portion of the
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Item 7: Types of Clients
CFAM provides management supervisory services to the following Types of Clients:

    Individuals
    High-Net-Worth Individuals
    Pension and Profit-Sharing Plans

Minimum Account Size

There is an account minimum, $10,000, which can be waived by the investment adviser, based
on the needs of the client and the complexity of the situation.