Clear Ridge Wealth Management LLC

Item 5 – Fees and Compensation

In certain circumstances, fees and account minimums may be negotiable.

CRWM has contracted with Focus Partners Advisor Solutions for services including trade
processing, collection of management fees, record maintenance, report preparation,
marketing assistance, and research. CRWM has also contracted with Focus Partners Advisor
Solutions for sub-advisory services with respect to clients’ fixed income accounts. CRWM
pays a fee for Focus Partners Advisor Solutions services based on management fees paid to
CRWM on accounts which use Focus Partners Advisor Solutions. The fee paid by CRWM to
Focus Partners Advisor Solutions consists of a portion of the fee paid by clients to CRWM and
varies based on the total client assets participating in Focus Partners Advisor Solutions
through CRWM. These fees are not separately charged to advisory clients. The fee charged
by CRWM to its clients includes all sub-advisory fees charged by Focus Partners Advisor
Solutions.

The specific manner in which fees are charged by CRWM is established in a client’s written
agreement with CRWM. CRWM will request authority from Investment Management clients
to receive quarterly payments directly from the client's account held by an independent
qualified custodian. Clients may provide written limited authorization to CRWM, which may
be delegated to Focus Partners Advisor Solutions to withdraw fees from the account.

Investment Management and Employee Benefit Plan clients will be invoiced in advance at
the beginning of each calendar quarter based upon the value of the client’s account at the
end of the previous quarter. New accounts are charged a prorated fee for the remainder of
the quarter in which the account is incepted (date of first trade). Market value will be based
on independent third-party sources or fair market value in the absence of market value.
Client account balances on which CRWM calculates fees may vary from account custodial
statements based on independent valuations and other accounting variances, including
mechanisms for including accrued interest in account statements. Clients will receive
custodial statements showing the advisory fees debited from their account(s). Certain third-
party administrators will calculate and debit CRWM’s fee and remit such fee to CRWM.

A client may terminate an agreement without penalty by providing written notice of such
cancellation to CRWM within five (5) business days of the date hereof (the “Grace Period”).
Thereafter, either party may terminate this Agreement without penalty upon five (5) days-
notice in writing to the other party. Termination of this Agreement will not affect (a) the
validity of any action previously taken by CRWM under this Agreement; (b) liabilities or
obligations of the parties from transactions initiated before termination of this Agreement;

or (c) Client’s obligation to pay advisor fees (prorated through the date of termination). On
the termination of this Agreement, CRWM will have no obligation to recommend or take any
action with regard to the securities, cash or other investments in the Account. Upon
termination of an agreement, CRWM will calculate the number of days left in a quarter and
provide a refund to the client of those pre-paid, unearned fees from the date of termination.
This refund will be provided to the client directly into the client’s brokerage account or via
check.

The client agreement contains a provision for confidentiality, which reflects that client
grants CRWM permission to consult with and to obtain information from client’s attorney,
accountant or other advisors to the extent necessary. CRWM will hold in strict confidence all
information regarding client’s financial situation, as required by applicable laws. Client
agrees that all information, recommendations and advice provided by CRWM shall be
regarded as confidential and shall not be disclosed to any other person or entity.

CRWM’s fees are exclusive of brokerage commissions, transaction fees, and other related
costs and expenses which shall be incurred by the client. Clients may incur certain charges
imposed by custodians, brokers, third party investment and other third parties such as fees
charged by managers, custodial fees, 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. These fees will generally include a
management fee and other fund expenses. All fees paid to CRWM for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds and
ETFs to their shareholders.

Such charges, fees and commissions are exclusive of and in addition to CRWM’s fee, and
CRWM shall not receive any portion of these commissions, fees, and costs.

Neither CRWM nor any Supervised Person of CRWM receive any compensation, including
any commissions or markups, for the sale of securities or other investment products.

Advisory Fees

Investment Management Services:

The annual fee for investment management services will be charged as a percentage of assets
under management, according to the schedule below:

      Assets under management                      Annual Fee (%)
      On the first $2,000,000                      0.90%
      On the next $3,000,000                       0.70%
      Above $5,000,000                             0.40%

Some existing Investment Management Services clients might be on a different fee
schedule, and fees could be negotiated.

All accounts for members of the client’s family (husband, wife and dependent children) or
related businesses may be assessed fees based on the total balance of all accounts.

For clients with accounts managed by CRWM, we typically provide financial planning
services at no additional charge.

Financial Planning Services:
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Item 7 – Types of Clients

CRWM provides services to individuals, qualified retirement plans, trusts, charitable
organizations, corporations and small businesses.

CRWM generally imposes a minimum annual fee of $10,000 for Investment Management
Services. CRWM does not currently have any minimum account size requirements.