Classic Asset Management LLC

Item 5 Fees and Compensation
Portfolio Management Services
Generally, fees vary from 0.50% to 2.00% per annum of the market value of a client’s assets managed
by Financial Strategies. Fees are negotiable, and may be higher or lower than this range, based on the
nature of the account. Factors affecting fee percentages include the size of the account, complexity of
asset structures, and other factors.

Investment advisory fees will generally be debited directly from each client’s account. The advisory fee
is paid on a quarterly basis, in advance, with adjustments made for deposits and withdrawals greater
than $25,000 intra-quarter. Fees are calculated by multiplying the overall asset value, as of the last day
of the prior quarter, or the account (or overall household, if applicable) by the annual fee rate, and then
dividing the result by 4. Thereafter, adjustments are made to pro-rate fees for any deposits or withdrawals
greater than $25,000 made during the prior quarter. Once the calculation is made, we will

instruct your account custodian to deduct the fee from your account and remit it to the firm.

For clients who elect to be billed on a flat fee basis, fees are payable on a quarterly basis, in advance,
and no adjustments are made for deposits and withdrawals made intra-quarter. Flat fees will be between
$1,000 and $100,000 per annum. The fee ranges stated are a guide. The annual flat fee will be renewed
upon the anniversary of the execution of the contract each year, and fees for renewal services will be
agreed upon by the parties at the time of renewal. Once the fee calculation is made each quarter, we will
instruct your account custodian to deduct the fee from your account and remit it to the firm.

Clients whose fees are directly debited will provide written authorization to debit advisory fees from their
accounts held by a qualified custodian chosen by the client. The client will also receive a statement from
their account custodian showing all transactions in the account, including the fee. It is the responsibility
of the client to verify the accuracy of all fee calculations. The client may terminate the investment advisory
agreement by notifying us in writing at its principal place of business.

The advisory agreement may be modified at mutually agreed upon in writing. The agreement is
terminable by you at any time. The agreement is not assignable by us without the advance written
consent of the client.

However, fees are negotiable and arrangements with any particular client may differ from those
described above.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and your
minor children, joint accounts with your spouse, and other types of related accounts. Combining account
values may increase the asset total, which may result in your paying a reduced advisory fee based on
the available breakpoints in our fee schedule stated above.

The assets in your account will be held in custody at, and securities will be purchased or sold either
through, Charles Schwab & Co., Inc. ("Schwab"), member FINRA/SIPC, or Axos Advisor Services. You
should be aware that there may be transaction charges involved with purchasing or selling securities
which are not covered by our advisory fee. We do not share in any portion of the brokerage
fees/transaction charges imposed by Schwab, Axos Advisor Services, or others.

Either party may terminate the management agreement within five days of the date of acceptance without
penalty. After the five-day period, you may terminate the portfolio management agreement upon 30-
days' written notice to our firm. You will incur a pro rata charge for services rendered prior to the
termination of the portfolio management agreement, which means you will incur advisory fees only in
proportion to the number of days in the quarter for which you are a client. If you have pre-paid advisory
fees that we have not yet earned, you will receive a prorated refund of those fees.

Financial Planning Services
Our financial planning fees are negotiable with respect to total fee and schedule of payments, depending
on the nature, complexity and time involved in providing the requested services.

    • Fixed Fees: We will charge a fixed fee, which ranges between $250.00 and $5,000.00, for
      broad based planning services. In limited circumstances, the total cost could potentially exceed
      $5,000.00. In such cases, we will notify you in advance and we may request that you pay an
      additional fee.
    • Hourly Fees: We charge an hourly fee that ranges between $40 - $250 for clients who request
      specific services (such as a modular plan) and do not desire a broad based written financial

       plan.

When the scope of the financial planning services has been agreed upon, a determination is made as to
our applicable fee. The final fee is dependent upon the facts and circumstances of your individual
financial situation and the complexity of the financial plan or service requested. An estimate of the total
cost is determined at the start of the advisory relationship. The fee is payable in arrears.

Either party may terminate the financial planning agreement within five days of the date of acceptance
without penalty. After the five-day period, either party may terminate the agreement by providing five
(5) business days written notice to the other party. You will incur a pro rata charge for bona fide planning
services actually rendered prior termination of the agreement. The agreement may not be modified or
amended except in writing and signed by you and a qualified representative of our firm.

Retirement Plan Advisory Services - Third Party Advisory Services
We do not charge you a separate fee for Retirement Plan Advisory Services offered through unaffiliated
...

Item 7 Types of Clients
We offer investment advisory services to individuals, high net worth, pension and profit sharing plans,
trusts, estates, charitable organizations, corporations, and other business entities as well as other
organizations. In general, we do not require a minimum dollar amount to open and maintain an advisory
account; however, we have the right to terminate your Account if it falls below a minimum size which, in
our sole opinion, is too small to manage effectively.