Colorado Capital Management Inc

ITEM 5 - FEES AND COMPENSATION
Investment Management Fees and Compensation
Our Firm charges a fee as compensation for providing Investment Management services on your account.
These services include advisory services, trade execution, investment supervision, and other account-
maintenance activities. Our custodian charges transaction costs, custodial fees, redemption fees, retirement
plan and administrative fees or commissions. See Additional Fees and Expenses below for additional details.

Our fee for portfolio management services is based on a percentage of your assets we manage and is set forth
in the following fee schedule*:

                 $0               - $1,000,000 = 1.00%
                 $1,000,001       - $3,000,000 = 0.85%
                 $3,000,001       - $6,000,000 = 0.60%
                 $6,000,001+                         = 0.35%
                 *Some legacy clients may be charged under a different fee schedule.
                 The specific advisory fees are set forth in your Investment Advisory Agreement.

The fees for investment management are based on an annual percentage of assets under management and
are applied to the household asset value on a pro-rata basis and billed quarterly in advance or arrears, as
outlined in the Investment Management Agreement. For new clients, the initial billing will typically occur at
the beginning of first calendar quarter after the effective date of the Investment Management Agreement.
This billing normally covers the period from the effective date of the agreement until the end of the calendar
quarter in which the initial billing takes place. Fees are assessed on all assets under management, including
securities, cash and money market balances, although exceptions may be made in certain circumstances.

Our firm may have some legacy accounts that have different fee billing arrangements. These arrangements
are detailed and agreed to by the client and the firm in the Investment Advisory Agreement and Addendums.

We may negotiate a lower advisory fee or have the right to waive the minimum fee. Fees may vary based on
the size of the account, complexity of the portfolio, extent of activity in the account or other reasons agreed
upon by us and you as the client. In certain circumstances, our fees and the timing of the fee payments may be
negotiated.

Unless otherwise instructed by the Client, we will aggregate related client accounts for the purposes of
determining the account size and annualized fee. The common practice is often referred to as “householding”
portfolios for fee purposes and may result in lower fees than if fees were calculated on portfolios
separately. Our method of householding accounts for fee purposes looks at the overall family dynamic and
relationship.

The independent qualified custodian holding your funds and securities will debit your account directly for the
advisory fee and pay that fee to us. You will provide written authorization permitting the fees to be paid directly
from your account held by the qualified custodian. At our discretion, you may pay the advisory fees directly to
our Firm by check. Further, the qualified custodian agrees to deliver an account statement to you on
a quarterly basis indicating all the amounts deducted from the account including our advisory fees.

Either CCM or you may terminate the management agreement, upon written notice to the other party. The
management fee will be pro-rated to the date of termination, and any unearned fees will be refunded to you
or any earned fee will be billed to the account. Upon termination, you are responsible for monitoring the
securities in your account, and we will have no further obligation to act or advise with respect to those assets.
In the event of client’s death or disability, our Firm will continue management of the account until we are
notified of client’s death or disability and given alternative instructions by an authorized party.

In no case are our fees based on, or related to, the performance of your funds or investments.

Third Party Asset Management (“TPMM Program” or “TPMM”) Fees
Fees and billing methods are outlined in each respective TPMM’s prospectus or contract.

The Client pays an on-going fee directly to the TPMM (“Manager”) based upon a percentage of your assets
under management with respect to each TPMM. You will receive disclosure of all fees by the TPMM, which
include the terms of the compensation arrangement, and a description of the compensation paid, at the time
of signing an advisory agreement with the TPMM. The minimum account size for will vary from TPMM to
TPMM. All such minimums will be disclosed in the respective TPMM’s Brochure. We may have the ability to
negotiate such minimums for you.

You may terminate your relationship in accordance with the respective Managers’ disclosure documents. Pre-
paid fees will be refunded in accordance with the respective Manager’s agreement and disclosure documents.

A Manager relationship may be terminated at your or your Investment Advisor Rep.’s discretion. CCM may at
any time terminate the relationship with a Manager that manages your assets. CCM will notify you of instances
where we have terminated a relationship with any Manager with whom you are investing. CCM will not conduct
on-going supervisory reviews of the Manager following such termination. Factors involved in the termination
of a Manager may include a failure to adhere to their stated management style or your objectives, a material
change in the professional staff of the Manager, unexplained poor performance, unexplained inconsistency of
account performance, or our decision to no longer include the Manager on our list of approved Managers.

Some separately managed accounts are only available through a custodian other than Charles Schwab & Co.,
which is the custodian we use most often. Such other custodians may offer different services, reporting and
fee arrangements than Schwab.

Financial Planning Fees
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ITEM 7 - TYPES OF CLIENTS
Our clients include individuals, high net worth individuals, families, trusts, corporations, foundations, employee
sponsored retirement plans and other charitable organizations.

The minimum account size is $1,000,000 per household. Fees and minimum account size may be negotiable
or adjusted lower at our discretion, as a result of the size, complexity, and growth potential of an account.