CLPF LLC

Item 5. Fees and Compensation
A. Fee Schedules
The Investment Advisor Group charges fees in various formats based on the services provided. Clients
engaging IAG for various services may be subject to a combination of these fees. Each representative
offers his or her services for a distinct fee schedule that may be more or less than can be had with other
parties or other representatives. Fees are negotiable. IAG and its representatives may charge a lesser or
no fee to certain accounts for certain services after considerations including but not limited to future assets
managed, value of assets managed, account composition, household accounts, client negotiations, etc.
Clients may cancel their agreement with IAG within five (5) business days from the date the advisory
agreement is signed without penalty.

Financial Planning Fees
Each advisor's services vary and may range from specific aspects to a comprehensive plan. As such, fees
will vary based on the complexity of the plan, time with the client, and advisor's experience among other
considerations. Clients receiving financial planning services will receive a separate financial planning
contract.

In such case that hourly fees are charged, the fee shall be no more than $300 per hour. When a flat fee is
agreed upon and charged, it will vary depending on the services to be provided and may range up to
$25,000 per year.

Termination of services must be requested in writing. If the engagement is terminated prior to the
completion of work, all fees due at the time of termination are due promptly if payment (or the balance of
payment) upon delivery was chosen. If payment was made in advance, IAG will refund any unearned,
prepaid fees within 30 days of written request of termination. If a flat fee agreement is being terminated,
the advisor representative’s standard hourly fee shall be used to determine the earned fee and the
difference of the amount paid and earned fee shall be returned to the client.

Investment Management Fees
Investment Management fees are assessed for the management of assets whether provided directly by the
representative or by selecting third party managers. Third party managers, like packaged products, have
their own fees which are assessed; please see the Other Fees section below for more details.

The fees, when assessed as a percent of assets (assets under management), is generally 1.25%, and
capped at 2% when utilizing 3rd Part Manager strategies, annually of AUM billed quarterly in advance.
Deposits or withdrawals greater than $10,000 will be billed (refunded) on a prorated basis. All deposits or
withdrawals related to the initiation or termination of an advisory relationship will be billed (refunded) on a

prorated basis regardless of value. Fee calculations are based on calendar days. All accounts for a client
are aggregated if breakpoints are included in the fee structure.

In the case where a flat fee is charged for management of assets, the fee shall be billed quarterly, in
advance. For quarters that include the initiation or termination of an advisory relationship the quarterly fee
will be prorated based on calendar days and the client will be billed or refunded as appropriate.

When assets are placed with third party managers, IAG’s normal investment management fees are
applicable as stated above. In addition, the third-party manager will assess their fee. When a third-party
manager is selected you will be given a copy of their ADV Part 2A and any other disclosure documents
needed (wrap brochure for example) which will state their fees and expenses.

In addition to the portfolios regularly offered, IAG also offers use of third-party portfolio models; some of
which have additional fees that will be disclosed at the time of placement. The fees are available to
advisors to view at any time and be used to determine the best course for a client’s needs. For the META
product IAG provides through Intelliflo, the fee is an additional 50bps in addition to advisory fees owed to
IAG. All clients invested in the META strategy will sign a fee addendum with IAG.

B. Payment of Fees
Client fees are due promptly after the invoice is presented.

Financial Planning fees are typically paid by check at engagement, at delivery of services, or 50% at
engagement with the balance due at delivery of services, and occasionally in arrears. For existing
investment management clients, we may be able to withdraw fees from a non-qualified account at the
custodian with your permission and direction. Hourly fees are billed at the end of the month they were
incurred. When payment is made by check, please include the invoice number and make the check
payable to the Investment Advisor Group LLC. If you direct fees to be deducted directly from your account
at a custodian, we will follow the requirements below when doing so.

Investment Management fees, with your permission, will be deducted directly from each of your accounts
proportionally based on the total fee. Alternatively, you may request we deduct the fee from a specific non-
qualified account at the custodian or you may request we accept a check for the total fee. If permission is
not given, IAG will not accept the agreement or may terminate the advisory agreement.

When we withdraw fees from your account at the custodian we will:

    ● send you an invoice coincidentally or prior to submitting the fees to the custodian
    ● use a custodian that provides you with quarterly, at minimum, statements showing all
      disbursements, including the fees
    ● have received written permission from you to be paid directly from the accounts held at the
      custodian.

Payments are never to be made directly to an advisor representative; if you are requested to do so, please
contact us at 607-930-4338 or chris@investmentadvisorgroup.com. We will not accept payment by check
or credit card for investment management services. Prospects and clients are free to terminate their
...

Item 7. Types of Clients
IAG generally provides financial planning and/or investment management services to individuals, families,
trusts, and closely held businesses of theirs. Each advisor representative determines their own minimum
account or relationship size. Usually, the recommended minimum is $100,000; however, exceptions may
be made on a case-by-case basis.