Clearview Financial Partners LLC

Item 5 — Fees and Compensation
IARs may only provide services and charge fees based on the account agreement. The specific services and fees
charged to a particular client depend on the representative working with the client and the individual needs of each
client.
   • Fees are deducted by the qualified custodian, in advance or in arrears on a quarterly basis, and are debited from
     the account depending on the custodian selected.
   • Depending on the custodian selected, clients may enter into a separate agreement regarding how fees are
     collected.
   • The qualified custodian sends clients a quarterly statement that details the amount of the fee charged, the amount
     of assets subject to the fee, and the time period covered by the fee.
The specific fee is negotiated based on the schedule below and is subject to account specifics such as account size,
management style, complexity of holdings, investment type, management strategy, and the expected amount of time
and effort required.

                                    Assets Under Management                                                      Annual Fee*
                                          $0 – $1,000,000                                                             1.50%
                                      $1,000,001 – $3,000,000                                                         1.25%
                                      $3,000,001 – $4,000,000                                                         0.90%
                                      $4,000,001 – $5,000,000                                                         0.80%
                                          Over $5,000,000                                                          Negotiable
                    * There is generally an additional 0.10% fee for a wrap fee account, in addition to the ranges above.

Clients may also incur certain charges imposed by third parties in connection with investments in the account,
including (without limitation) investment-manager fees, mutual fund management and administrative servicing fees,

Clearview Financial Partners, LLC                               Page 9 of 35                                             ADV 2A | 20260615

                                                                               Form ADV Part 2A — Clearview Financial Partners, LLC
mutual fund 12b-1 fees, deferred sales charges on previously purchased mutual funds, clearing, custody, postage and
handling, transaction charges and service fees (e.g., account transfer, wire transfer, and termination fees), interest on
debit balances, and IRA/qualified retirement plan fees. Further information regarding fund-level charges is available
in the applicable prospectus or disclosure statement.

Mutual Fund Share Class Disclosure and Fiduciary Duty (12b-1 Fees)
Section 206 of the Advisers Act imposes a fiduciary duty to act in a client’s best interests and prohibits an investment
adviser, directly or indirectly, from engaging in any transaction, practice, or course of business that operates as a fraud
or deceit upon any client or prospective client. When selecting a mutual fund for a client’s advisory account, the IAR
has a fiduciary duty to select the share class that appropriately manages the overall fee structure of the account.
However, the fiduciary duty to which advisers are subject is not specifically defined in the Advisers Act or the
Commission rules but reflects a Congressional recognition “of the delicate fiduciary nature of an investment advisory
relationship” as well as a Congressional intent to eliminate, or at least expose, all conflicts of interest which might
incline an investment adviser, consciously or unconsciously, to render advice which was not disinterested. The
purpose of 12b-1 fees, as approved by the SEC, are to cover marketing expenses and shareholder services such as the
support services. Mutual funds offer different share classes, each with varying fee structures and features, to
accommodate different types of investors. Below is a breakdown of the most common mutual fund share classes.
    •    Class A Shares: These shares typically charge a front-end sales load, which is a fee paid when the shares are
         purchased. This fee is a percentage of the total investment.
    •    Class B Shares: Class B shares often have a contingent deferred sales charge (CDSC), which is a fee paid when
         shares are sold, typically decreasing over time (usually over six to eight years).
    •    Class C Shares: Class C shares typically charge a level load, which is an annual fee as long as the shares are
         held, in addition to higher ongoing expenses.
    •    Class I Shares: also known as Institutional Shares, are a class of mutual fund shares designed primarily for
         institutional investors, such as pension funds, endowments, and large-scale investment managers.
    •    R Shares: Designed for retirement plans like 401(k) plans.
    •    NTF (No Transaction Fee) Mutual Funds: Mutual funds without a transaction fee or commission to the
         brokerage or platform through which they are purchased.
    •    Direct Purchase Mutual Funds: Often available directly from the mutual fund company. Direct purchase
         mutual funds can be a cost-effective option for knowledgeable investors who are comfortable managing their
         own investments and wish to avoid intermediary fees. However, it requires a proactive approach to research
         and decision-making.
The choice of the most beneficial mutual fund share class involves considering ticket charges, 12b-1 fees and the asset
management fee. Fees are considered in totality, not in isolation. Sometimes, investing in a share class with 12b-1 fees
can be the more cost-effective option rather than simply avoiding 12b-1 fees. Advisor has a fiduciary duty to select
...

Item 7 — Types of Clients
Clearview Financial Partners generally provides advice to individuals and high-net-worth individuals. The advisory
services offered are also available to small businesses, banks and thrift institutions, estates, charitable organizations,
state and municipal government entities, corporations, and pension plans as opportunities arise. In addition, the
Adviser provides investment management services to a pooled investment vehicle, Clearview Fund I LP, whose
investors must be accredited investors and, where performance-based compensation applies, qualified clients.
    •    The account minimum for an asset management account is generally $1,000,000.
    •    The minimum investment in Clearview Fund I LP is set forth in the Fund Offering Documents.