Conrad Capital Management Inc

Item 5 Fees and Compensation
Our Advisory Fees
Please refer to the following paragraphs for information on our advisory fees, fee deduction
arrangements, and refund policy according to each service we offer.

Money Management Services and Concierge Services
Our fee for money management services is based on a percentage of your assets we manage. Our fee
for Concierge Services is also based on a percentage of your assets we manage and is in addition to
our money management fee. Our standard fee schedules are set forth below*. If a majority of your
portfolio is comprised of fixed income securities, the "Fixed Income Portfolio Management Fee
Schedule" will apply; otherwise, the "Money Management and Concierge Services Fee Schedule" will
apply.

   Money Management and Concierge Services Fee Schedule
   Minimum of $100,000 of assets under management is required for this service. Exceptions
   possible depending on circumstances.

   Asset Value of Client's Account                Annual Fee
   $100,000 - $999,999                             2.00%
   $1,000,000 - $1,999,999                         1.50%
   $2,000,000 - $4,999,999                         1.00%
   $5,000,000 - $7,499,999                         0.90%
   $7,500,000 - $9,999,999                         0.80%
   $10,000,000 and above                            0.75%
   Concierge Services                              0.10 - 0.25%

   Fixed Income Portfolio Management Fee Schedule
   Minimum of $250,000 of assets under management is required for this service. Exceptions
   possible depending on circumstances.

   Asset Value of Client's Account                Annual Fee
   $250,000 - $999,999                              0.65%
   $1,000,000 - $4,999,999                          0.50%
   $5,000,000 - $9,999,999                          0.40%
   $10,000,000 and greater                         negotiable

   * Older client relationships may be subject to different fee schedules.

Our annual money management/concierge fee is billed and payable quarterly in advance based on the
value of your account on the last day of the previous quarter. If the money management/concierge
agreement is executed at any time other than the first day of a calendar quarter, our fees will apply on
a pro rata basis, which means that the advisory fee is payable in proportion to the number of days in
the quarter for which you are a client. Our advisory fee is sometimes negotiable, depending on
individual client circumstances.

We will deduct our fee directly from your account through the qualified custodian holding your funds
and securities in accordance with your advisory agreement with our firm. We will deduct our advisory
fee only when you have given our firm written authorization permitting the fees to be paid directly from
your account. Further, the qualified custodian will deliver an account statement to you at least
quarterly. These account statements will show all disbursements from your account. You should review

                                                                             ©2017 National Compliance Services 800-800-3204

all statements for accuracy. We will also receive a duplicate copy of your account statements. In
limited circumstances, you may request that we send you an invoice for the payment of our advisory
fee in lieu of deducting our fee from your account.

You may terminate the money management/concierge agreement upon notice to our firm. Upon
termination, it is your responsibility to monitor the securities in your account, and we will have no
further obligation to act or provide advice with respect to those assets. If the agreement is terminated
partway through a calendar quarter, fees collected in advance will be refunded to the client, pro-rata,
based on the number of days remaining in the calendar quarter following the effective date of
termination.

Financial Planning Services
We charge an hourly fee ranging from $150 to $300 for financial planning services, which is negotiable
depending on the scope and complexity of the plan, your situation, and your financial objectives. Fees
are due and payable upon the receipt of our invoice, which is generally upon completion of services
rendered. We may require that you pay a retainer equal to 50% of the financial planning fee at the
outset of our engagement. We will not require prepayment of a fee more than six months in advance
and in excess of $1,200.

You may terminate the financial planning agreement by providing written notice to our firm. You will
incur a pro rata charge for work performed up until the termination date. If fees are due, we will issue a
bill to you, which will be due and payable upon receipt. If you have pre-paid advisory fees that we have
not yet earned, you will promptly receive a prorated refund of those fees.

Selection of Other Advisers
We do not charge you a separate fee for the selection of other advisers. We will share in the advisory
fee you pay directly to the money manager. The advisory fee you pay to the money manager is
established and payable in accordance with this brochure provided by each money manager to whom
you are referred. These fees may or may not be negotiable. Our compensation may differ depending
upon the individual agreement we have with each money manager. As such, a conflict of interest may
arise where our firm or our Associated Persons may have an incentive to recommend one money
manager over another money manager with whom we have more favorable compensation
arrangements or other advisory programs offered by money managers with whom we have less or no
compensation arrangements.

You will be required to sign an agreement directly with the recommended money manager(s). You may
terminate your advisory relationship with the money manager according to the terms of your
agreement with the money manager. You should review each money manager's this brochure for
...

Item 7 Types of Clients
We offer investment advisory services to individuals, pension and profit sharing plans, trusts, estates,
and corporations.

We require a minimum of $100,000 to open and maintain an advisory account under our money
management services; however, we require a minimum of $250,000 to participate in the Fixed Income
Portfolio.

                                                                            ©2017 National Compliance Services 800-800-3204