Charis Legacy Partners LLC

Item 5: Fees and Compensation
Please note, unless a Client has received the firm’s Disclosure Brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the Client within five (5)
business days of signing the contract without incurring any advisory fees. How we are paid depends on the type of
advisory service we are performing. Please review the fee and compensation information below.
Investment Management and Financial Planning
Our standard advisory fee is based on a percentage of the market value of the assets under management and is
calculated as follows:
                       Account Value                                  Annual Advisory Fee
                       $0 - $1,000,000                                         1.00%
                  $1,000,000 - $3,000,000                                      0.85%
                  $3,000,000 - $5,000,000                                      0.70%
                   $5,000,000 and above                                      Negotiable

The fee is negotiable, prorated, and paid in arrears on a quarterly basis based on the last business day of the
calendar quarter. Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based
on the amount of time remaining in the billing period. CLP has a minimum annual fee of $7,500. In the event
assets under management (AUM) are at a level in which our minimum fee may exceed 3% of the Client's total
AUM, we disclose that such fee is in excess of the industry norm and that similar advisory services can be
obtained for less. No increase in the annual fee shall be effective without agreement from the Client by signing a
new agreement or amendment to their current advisory agreement.

CLP, in its sole discretion, may negotiate to charge a lesser fee based upon certain criteria, such as the complexity
of the Client’s portfolio, the level of expertise required to service the account, the staff time involved in servicing
the account, pre-existing client relationships, anticipated future additional assets, dollar amount of assets to be
managed, account retention and pro bono activities among other factors. Related Client accounts may be
aggregated for purposes of calculating fees. CLP may waive its advisory fee or at any time when it deems it
appropriate and/or necessary.
Advisory fees are directly debited from Client account(s) held at a qualified custodian or through electronic funds
transfer. An account may be terminated with written notice at least 30 calendar days in advance. Since fees are
paid in arrears, no refund will be needed upon termination of the account.
One-Time Financial Plan
One-time financial plans will be offered at an hourly rate of $499.00 per hour. Fees may be negotiable depending
on complexity. Upon initial assessment of the Client’s needs, CLP will provide a quote of expected hours to
complete the plan. Half of the fee is due upon signing a Client Agreement and the remainder is due at the
completion of the engagement. Fees for this service may be paid by electronic funds transfer or check.
For Clients who decide to engage CLP for investment management and financial planning services, the fees paid
for their One-time financial plan will be credited towards their ongoing investment management and financial
planning services.

This service may be terminated with 15 days’ written notice. In the event the engagement is terminated prior to the
delivery of the financial plan, any prorated fees for the hours already worked will be due and payable and any fees
collected but not yet earned will be refunded. In no event will CLP bill an amount above $1,200 more than 6 months
in advance. Any completed deliverables will be provided to the Client at the date of termination.
Retirement Plan Management
Our standard advisory fee is based on a percentage of the market value of the assets under management and is
calculated as follows:
                       Account Value                                  Annual Advisory Fee
                       $0 - $1,000,000                                         1.00%
                  $1,000,000 - $3,000,000                                      0.85%
                  $3,000,000 - $5,000,000                                      0.70%
                   $5,000,000 and above                                     Negotiable

The fee is billed quarterly, in arrears, based on the fair market value of portfolio assets supervised by the Advisor
on the last business day of the immediately preceding quarter. If the Advisor provides services for less than the
whole of any calendar quarter, its compensation shall be determined on the basis of the value of Plan assets on the
date of inception or date of termination, as applicable, and shall be payable on a pro rata basis for the period of the
calendar quarter for which it has served as Advisor.

The fee will be automatically deducted from the Plan’s account by the Custodian based on the authorization
provided by the Plan Sponsor or Plan Named Fiduciary to the Custodian. CLP shall send a quarterly invoice to the
Custodian indicating the amount of the fees to be deducted from the Plan Account.
The agreement may be terminated with written notice at least 30 calendar days in advance. Since fees are paid in
arrears, no refund will be needed upon termination of the agreement.
Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which
may be incurred by the Client. Clients may incur certain charges imposed by custodians, brokers, and other third
parties such as custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire transfer, and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual fund and
...

Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth individuals,
charitable organizations, and corporations or other businesses.
We do not have a minimum account size requirement to open or maintain an account under our management.