Clark Asset Management 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 and without penalty.

Wealth Management Service
Clark Asset Management, LLC is compensated only by a fixed flat fee. Currently this fee is $12,500 annually
per client. Fees are paid quarterly in advance, or clients may choose to pay monthly. Fees are negotiable at
the discretion of the Advisor.
Clients may elect to have the quarterly charge deducted from investment accounts, or they may pay by check
or use AdvicePay, a third-party electronic payment processor. Our fees are not tied to the value of the client’s
investment portfolio. The potential drawback of our fixed flat fee is that it could give us the incentive to not

proactively manage our client’s investment portfolio. To help mitigate this risk, we plan to develop a written
investment policy statement (IPS) for each client. The IPS will help to guide our ongoing management of client
assets.

Advisors often charge a lower fee for managing assets over which they do not have discretion. CAM charges
the same fixed flat fee, whether we have discretion of client assets or not. Our rationale is that the total
workload involved in helping clients manage their assets is similar under both arrangements – discretionary
and non-discretionary.

Accounts initiated or terminated during a calendar quarter will be charged a pro-rated fee based on the
amount of time remaining in the billing period. An account may be terminated with written notice at least 60
calendar days in advance. Upon termination of the account, any unearned fee will be refunded to the client
on a prorated basis.
       SyntheticFi LLC - If CAM determines to utilize the services of SyntheticFi, they charge an Annual
       Management fee of 0.50% of the loan amount. SyntheticFi shall be responsible for sending monthly
       client fee invoices via email. The fees will be charged via client credit card on file at SyntheticFi. Please
       refer to SyntheticFi’s Form ADV Part 2A for further information.

Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses that
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
funds and exchange traded funds also charge internal management fees, which are disclosed in a fund’s
prospectus. Such charges, fees and commissions are exclusive of and in addition to our fee, and we shall not
receive any portion of these commissions, fees, and costs.
Item 12 further describes the factors that we consider in selecting or recommending broker-dealers for client’s
transactions and determining the reasonableness of their compensation (e.g., commissions).
We do not accept compensation for the sale of securities or other investment products including asset-based
sales charges or service fees from the sale of mutual funds.

Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals and high net-worth
individuals. We do not have a minimum account size requirement; however, our wealth management service
is most appropriate for clients with $1 to $10 million in investable assets and moderate to high financial
planning complexity.