Commerce Advisors LLC

Item 5 Fees and Compensation
General Fee Information
Fees paid to Commerce Advisors are exclusive of all custodial and transaction costs paid to the client’s
custodian, brokers or other third-party consultants. Please see Item 12 – Brokerage Practices for
additional information. Fees paid to Commerce Advisors are also separate and distinct from the fees
and expenses charged by mutual funds, ETFs (exchange traded funds) or other investment pools to
their shareholders (generally including a management fee and fund expenses, as described in each
fund’s prospectus or offering materials). The client should review all fees charged by funds, brokers,
Commerce Advisors and others to fully understand the total amount of fees paid by the client for
investment and financial-related services.

Financial Planning Fees
Fees associated with stand-alone financial planning services will be a fixed fee based upon the scope,
complexity and quality of the recordkeeping employed by the client.

Portfolio Management Fees
Fee arrangements are individually negotiated and agreed upon with each client. Commerce Advisors
and the client may agree to a fixed fee amount per year or may agree to a fee that is calculated and
assessed as a percentage of assets under management.

Both fixed fees and asset-based fees are negotiated and agreed upon based upon client expectations
of service, portfolio asset size, and scope of service provided, complexity of service, risk factors and
input costs. Asset based fees generally range from 0.30% to 1.00% annually, depending upon the
particular client's portfolio size and specific service needs. Fees are open to negotiation subject to
management approval.

Portfolio management fees are generally payable quarterly, in advance. If management begins after
the start of a quarter, fees will be prorated accordingly. With client authorization, unless other
arrangements are made fees are normally debited directly from client account(s). Advisory fees will be
billed directly to Client via fees being debited from Client’s account or invoiced depending on Client
selection in Commerce Advisors Client Portfolio Management Services Agreement.

Either Commerce Advisors or the client may terminate their Investment Advisory Agreement at any
time, subject to a 30-day written notice requirement in the agreement. In the event of termination, any
paid but unearned fees will be promptly refunded to the client based on the number of days that the
account was managed, and any fees due to Commerce Advisors from the client will be invoiced or
deducted from the client’s account prior to termination.

Retirement Plan Advisory Services
Our advisory fees for these customized services are typically charged as a fixed fee and will be
negotiated with the plan sponsor or named fiduciary on a case-by-case basis.

You may terminate the services agreement upon 30 days written notice to our firm. You will incur a pro
rata charge for services rendered prior to the termination of the agreement, which means you will incur
advisory fees only in proportion to the number of days in the quarter for which you are a client. If you
have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of those
fees.

Other Compensation
One of Commerce Advisors’ employees is also a Registered Representative of Purshe Kaplan Sterling
Investments (“PKS”), an unaffiliated broker dealer and FINRA and SIPC member. As such, he is
entitled to receive commissions or other remuneration on the sale of annuities, 529 plans and 401(k)
plans. Generally, these investment products are consummated at the request of a client or due to the
fact that the investment products commission fee is less than Commerce Advisors minimum advisory
fee. To protect client interests, Commerce Advisors’ policy is to disclose all forms of compensation
before any such transaction is executed. Clients will not pay both a commission to this individual and
also pay an advisory fee to Commerce Advisors on assets held in the same account. These lines of
business are the only one's commission based.

If you would like a copy of the PKS privacy notice, please contact Commerce Advisors for assistance.

Item 7 Types of Clients
Commerce Advisors serves high net worth individuals and family offices, and on a selective basis
corporate pension and profit-sharing plans, charitable institutions, foundations, endowments, trusts,
estates, and corporation or business entities.