Columbus Investment Advisory Inc

Item 5. Fees and Compensation
Fees for our investment management services are based on the market value of client portfolios. Our
fee schedule is as follows:

                                                        Annual Fee as a Percentage of
                        Portfolio Market Value             Portfolio Market Value
                 First $1,000,000                                   1.00%
                 Next $1,500,000                                    0.60%
                 Next $2,500,000                                    0.50%
                 Next $5,000,000                                    0.35%
                 Next $10,000,000                                Negotiable
                                  There is a minimum annual fee of $2,500

                                                             Then its annual investment
                If a portfolio’s Market Value Is:            management fee would be
             $500,000                                                  $ 5,000
             $1,000,000                                                $10,000
             $2,000,000                                                $16,000
             $3,000,000                                                $21,500
             $4,000,000                                                $26,000
             $5,000,000                                                $31,500
             $6,000000                                                 $35,000
             $7,000,000                                                $38,500

              $8,000,000                                              $42,000
              $9,000,000                                              $45,500
              $10,000,000                                             $49,500
Investment management fees are billed, in arrears, on a quarterly basis. All clients receive an invoice
which sets forth the market value(s) of their portfolio(s) and the investment management fee(s) that
apply for that billing period. Related portfolios may be combined for purposes of determining
investment management fees. Clients may elect to pay this fee by check or have the fee debited from
their portfolio(s).

Clients invested in mutual funds or alternative investments will apply both a direct management fee to
us and indirect fees to the mutual fund or alternative investment.

Clients may incur brokerage commissions, transaction fees, custody charges and other costs imposed by
the broker-dealer holding their assets.

We also charge fees for providing financial consulting services which are based on the time devoted and
nature of the services provided. We will also assess fees on unique, non-marketable assets based on
book value rather than market value.

Item 7. Types of Clients
Our investment management clients are primarily high net-worth individuals and families, trusts,
individual retirement accounts and charitable foundations. We do not serve investment companies,
pension plans, wrap programs or hedge funds.

A small portion of our business involves financial consulting services. These services generally consist of
consulting on matters relating to business and investment acquisitions, capital expenditures, investment
analysis, and strategic and corporate planning. Clients are often small business-owners or prospective
business owners/investors.