CFM Advisors Inc

Item 5     Fees and Compensation
                         INVESTMENT SUPERVISORY SERVICES
                      INDIVIDUAL PORTFOLIO MANAGEMENT FEES

The annualized fee for Investment Supervisory Services will be charged as a percentage of
assets under management, according to the following schedule:

                   Assets Under Management                      Annual Fee
                    $0 to $1,000,000 in Assets                     2.00%
                    $1,000,001 to $3,000,000                       1.50%
                    $3,000,001 to $5,000,000                       1.00%
                    $5,000,001 to $8,000,000                       0.80%
                         Over $8,000,000                           0.50%

Limited Negotiability of Advisory Fees: Although CFM Advisors has established the
aforementioned fee schedule(s), we retain the discretion to negotiate alternative fees on a
client-by-client basis. Client facts, circumstances and needs will be 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, account
composition, reports, among other factors. The specific annual fee schedule will be identified
in the contract between the adviser and each client.

We may group certain related client accounts for the purposes of achieving the minimum
account size requirements and determining the annualized fee.

Discounts, not generally available to our advisory clients, may be offered to family members
and friends of associated persons of our firm.

                          INVESTMENT SUPERVISORY SERVICES
                             MANAGER OF MANAGERS FEES

CFM Advisors participates in the Managed Accounts Program (the "Program") sponsored by
SEI Investments Management Corporation ("SIMC"). To participate in the Program, CFM
Advisors, SIMC and each investor execute a tri-party agreement (hereinafter, a "Managed
Account Agreement") providing for the management of certain investor assets in accordance
with the terms thereof. Pursuant to a Managed Account Agreement, the investor appoints
CFM Advisors as its investment adviser to assist the investor in selecting an asset allocation
strategy, which wouldinclude a percentage of investor assets allocated to designated
portfolios of separate securities (each, a "Separate Account Portfolio") and may include a
percentage of assets allocated to a portfolio of mutual funds sponsored by SIMC or an
affiliate thereof. The investorappoints SIMC to manage the assets in each Separate Account
Portfolio in accordance with astrategy selected by the investor together with CFM Advisors.
SIMC may delegate its responsibility forselecting particular securities to one or more portfolio
managers. The Program seeks to provide a globally diversified portfolio in order to meet an
investor's long-term goals.

CFM Advisors provides recommendations regarding a client's asset allocation strategy and
the choiceof portfolio managers within the program on a non-discretionary basis. All changes
require theprior approval of the client. CFM Advisors will recommend changes to the client
based on the individual needs of the client and changes within the Managed Accounts
Program.

Contractually, we are paid by the selected asset manager(s), based on a percentage of the
client's assets under management with that manager. Accordingly, our fee, which typically
ranges from 0.10% to 1.00%, depending on the size of the account, is included in the asset
manager's annual management fee.

CFM Advisors does not control the fees or the billing arrangements of any selected asset
manager. For a complete description of the fee arrangement including billing practices,
minimum account requirements and account termination provisions, clients should review the
independent investment adviser's Firm Brochure or other disclosure document.

FEES: The following schedule is used as the starting point for determining the fee to be
charged to the client, based on the account's asset size and the nature and complexity of the
client's circumstances. An exact fee will be quoted to each client. The total of CFM Advisors
and SIMC's fees charged to the client will typically not exceed 3% of managed assets.
                   Market Value                           Annual Fee (%)
                   Up to $1,000,000                            2.00%
                   $1,000,001 to $3,000,000                    1.50%
                   $3,000,001 to $5,000,000                    1.00%
                   $5,000,001 to $8,000,000                    0.80%
                   $8,000,001 and up                           0.50%

The fees payable to SIMC are as follows:

                   U.S. Equity Tax/Transition:
                   · 0.90% for the first $3,000,000
                   · 0.80% for the next $2,000,000
                   · 0.70% for the next $5,000,000
                   · 0.65% for the next $10+ million

                   U.S. Large Cap:
                   · 1.05% for the first $3,000,000
                   · 1.00% for the next $2,000,000
                   · 0.85% for the next $5,000,000
                   · 0.75% for the next $10+ million

                   U.S. Small Cap:
                   · 1.20% for the first $3,000,000
                   · 1.10% for the next $2,000,000
                   · 1.00% for the next $5,000,000
                   · 0.90% for the next $10+ million

                  International Equity:
                  · 1.20% for the first $3,000,000
                  · 1.05% for the next $2,000,000
                  · 0.95% for the next $5,000,000
                  · 0.85% for the next $10+ million

                  Core Fixed Income and Active Municipal Bond:
                  · 0.65% for the first $3,000,000
                  · 0.60% for the next $2,000,000
                  · 0.50% for the next $5,000,000
...

Item 7     Types of Clients

CFM Advisors provides advisory services to the following types of clients:

• Individuals (other than high net worth individuals)
• High net worth individuals
• Pension and profit sharing plans (other than plan participants)
• Corporations or other businesses not listed above