Collins Advisors LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Comprehensive Portfolio Management:

The maximum annual fee charged for this service will not exceed 1.25%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the Client. Our firm bills on cash unless indicated
otherwise in writing. Annualized fees are billed on a pro-rata basis monthly in advance based on the
value of the account(s) on the last day of the previous month or quarter. Fees are negotiable and will
be deducted from client account(s). Adjustments will be made for deposits and withdrawals during
the quarter. In rare cases, our firm will agree to directly invoice. As part of this process, Clients
understand the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the Assets and all account disbursements, including the
       amount of the advisory fees paid to our firm;
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
       information provided in our statement with those from the qualified custodian will be
       included.

Fees paid by clients who are referred to a sub-adviser are established and payable in accordance with
Form ADV Part 2 or other equivalent disclosure documents of each sub-adviser to whom our firm
refers its clients and may or may not be negotiable, as disclosed in the disclosure documents of the
sub-adviser. Our firm, does not receive a portion of the fee charged by the sub-adviser and will
charge its normal and customary asset management fee (as disclosed above) separate and apart from
the fee charged by the sub-adviser. Thus, a client may pay more for advisory services provided by a
sub-adviser. Clients who are referred to sub-advisers will receive disclosure documents that include
disclosures of services rendered by, and fee schedules of sub-advisers, at the time of the referral by
delivery of a copy of the relevant sub-adviser’s Form ADV Part 2 or equivalent disclosure document.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on the percentage of Plan assets under
management. The total estimated fee, as well as the ultimate fee charged, is based on the scope and
complexity of our engagement with the client. Fees based on a percentage of managed Plan assets
will not exceed 1.25%. The fee-paying arrangements will be determined on a case-by-case basis and
will be detailed in the signed consulting agreement.

ADV Part 2A – Firm Brochure                   Page 6                                  Collins Advisors, LLC

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian, via individual
transaction charges. These transaction fees are separate from our firm’s advisory fees and will be
disclosed by the chosen custodian. Charles Schwab & Co., Inc. (“Schwab”) and Raymond James, do not
charge transaction fees for U.S. listed equities and exchange traded funds.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution
fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, mark-ups and
mark-downs, spreads paid to market makers, fees for trades executed away from custodian, wire
transfer fees and other fees and taxes on brokerage accounts and securities transactions. Our firm
does not receive a portion of these fees.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Comprehensive
Portfolio Management services in writing at any time. Upon notice of termination our firm will
process a pro-rata refund of the unearned portion of the advisory fees charged in advance.

Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
written notice to the other party. Full refunds will only be made in cases where cancellation occurs
within 5 business days of signing an agreement. After 5 business days from initial signing, either
party must provide the other party 30 days written notice to terminate billing. Billing will terminate
30 days after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes
into account work completed by our firm on behalf of the client. Clients will incur charges for bona
fide advisory services rendered up to the point of termination (determined as 30 days from receipt
of said written notice) and such fees will be due and payable.

Commissionable Securities Sales

Our firm and representatives do not sell securities for a commission in advisory accounts.

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Trusts, Estates or Charitable Organizations;
   • Pension and Profit Sharing Plans;
   • Corporations, Limited Liability Companies and/or Other Business Types

ADV Part 2A – Firm Brochure                   Page 7                                  Collins Advisors, LLC

Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
us.