Chancellor Financial Group LP

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
advisor. Each Client shall enter into one or more agreements that detail the responsibilities of CFG and the Client.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid monthly, at the end of each month, pursuant to the terms of the investment
advisory agreement. Investment advisory fees are based on the market value of assets under management at the
end of each month. Investment advisory fees range from 1.00% to 2.00% based on the following schedule:
                      Assets Under Management                    Annual Rate
                      Up to $2,000,000                             2.00%
                      $2,000,001 to $5,000,000                     1.75%
                      $5,000,001 and over                          1.00%
Investment advisory fees are also available at a fixed fee basis which is negotiable at the sole discretion of the
Advisor depending on the size, nature and complexity of the Client relationship. Fixed fees range up to $50,000 per
year, not to exceed 2.00% of assets under management. Relationships with multiple objectives, specific reporting
requirements, portfolio restrictions and other complexities may be charged a higher fee.

The investment advisory fee in the first month of service is prorated from the inception date of the account[s] to the
end of the first month. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed
by CFG will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s
valuation to ensure accurate billing.

Financial Planning and Consulting Services
CFG offers financial planning services either on an hourly basis or for a fixed fee. Hourly engagements range from
$100 to $500 per hour. Fixed engagement fees will be based upon the expected hours to complete the
engagement at the hourly rate. Fees may be negotiable based on the nature and complexity of the services to be
provided and the overall relationship with the Advisor. An estimate for total hours and/or total costs will be provided
to the Client prior to engaging for these services.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

B. Fee Billing
Investment Management Services
Investment advisory fees will be calculated by the Advisor and deducted from the Client account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client account[s] at the respective month-end date. For Clients billed by a percentage of their assets under
management, the amount due is calculated by applying the monthly rate (annual rate divided by 12) to the total
assets under management with CFG at the end of the month. Clients will be provided with a statement, at least
quarterly, from the Custodian reflecting deduction of the investment advisory fee. It is the responsibility of the Client
to verify the accuracy of these fees as listed on the Custodian’s brokerage statement as the Custodian does not
assume this responsibility. For Clients billed on a fixed fee basis, the amount due is calculated by dividing the
annual rate by 12. Clients provide written authorization permitting advisory fees to be deducted by CFG directly
                                            Chancellor Financial Group WB LP
                                     60 Public Square, Suite 600, Wilkes-Barre, PA 18701
                                        Phone: (570) 822-4475 * Fax: (570) 822-4476
                                              www.chancellorfinancialgroup.com

from their accounts held by the Custodian as part of the agreement and separate account forms provided by the
Custodian.

Financial Planning and Consulting Services
Financial planning and consulting fees may be invoiced up to fifty percent (50%) of the expected total fee upon
execution of the financial planning agreement. The balance shall be invoiced upon completion of the agreed upon
deliverable[s].

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than CFG, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian. The Advisor's recommended Custodian does not charge securities transaction fees for
ETF and equity trades in Client accounts, but typically charges for mutual funds and other types of investments.
The investment advisory fee charged by CFG is separate and distinct from these custody and execution fees.

In addition, all fees paid to CFG for investment advisory services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in
each fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds,
other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible
distribution fee. A Client may be able to invest in these products directly, without the services of CFG, but would not
receive the services provided by CFG, which are designed, among other things, to assist the Client in determining
which products or services are most appropriate to each Client’s financial situation and objectives. Accordingly, the
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Item 7 – Types of Clients
CFG offers investment advisory services to individuals, high net worth individuals, trusts, estates and charitable
organizations. The amount of each type of Client is available on the Advisor's Form ADV Part 1A. These
amounts may change over time and are updated at least annually by the Advisor. CFG generally does not
impose a minimum size for establishing a relationship.