Cooper Financial Services Inc

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees

       Total Assets Under Management                  Annual Fee

      All Assets Under Management                   0.75% - 1.50%

The final fee schedule is attached as Exhibit II of the Investment Advisory Contract.
Some fees are paid quarterly in advance and clients may terminate their contracts with
written notice. Fees that are collected in advance will be refunded based on the prorated
amount of work completed up to the day of termination within the quarter terminated.
The fee refunded will be the balance of the fees collected in advance minus the daily
rate* times the number of days in the quarter up to and including the day of termination.
(*The daily rate is calculated by dividing the quarterly AUM fee by the number of days
in the termination quarter). Clients may terminate their contracts without penalty, for a
full refund, within 5 business days of signing the advisory contract. Advisory fees are
withdrawn directly from the client’s accounts with client written authorization. In some
instances, fees are charged in arrears. There is no refund provision for fees charged in
arrears. Fees are negotiable depending upon the needs of the client, complexity of the
situation, market value of the assets under management, and the type of investment
management services to be rendered.
Advisor, in its sole discretion, may negotiate to charge a lesser management fee based
upon certain criteria (i.e., anticipated future earning capacity, anticipated future
additional assets, dollar amount of assets to be managed, related accounts, account
composition, pre-existing client, account retention, pro bono activities, etc.). Some
clients, such as religious endowment funds or other special accounts, may be charged no
fee.

Selection of Other Advisors Fees
CFS may direct clients to various third-party money managers (“TPMM”). CFS will be
compensated via a fee share from these TPMMs to which it directs those clients. Clients
may incur certain charges imposed by the third-parties such as fees charged by TPMMs,
custodial fees, charges imposed directly by a mutual fund or exchange traded fund in
the account, which shall be disclosed in the fund’s prospectus (e.g., fund management
fees and other fund expenses), deferred sales charges, odd lot differentials, transfer
taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage
accounts and securities transactions. Additionally, clients may incur brokerage
commissions and transaction fees. Such charges, fees and commissions are exclusive of
and in addition to the CFS’s fee.

The investment management fees charged by the designated TPMMs, together with the
fees charged by any corresponding designated broker-dealer/custodian of the client’s
assets, may be exclusive of, and in addition to, CFS’s investment advisory fee set forth
above. As discussed above, the client may incur additional fees than those charged by
CFS, the designated TPMMs, and corresponding broker-dealer and custodian.

In addition to CFS’s written disclosure statement, the client shall also receive the written
disclosure statement of the designated TPMM. Certain TPMMs may impose more
restrictive account requirements and varying billing practices than CFS. In such
instances, CFS may alter its corresponding account requirements and/or billing
practices to accommodate those of the TPMMs.

If CFS refers a client to certain TPMMs where CFS’s compensation is included in the
advisory fee charged by such TPMMs and the client engages those TPMMs, CFS shall be
compensated for its services by receipt of a fee to be paid directly by the TPMMs to CFS
in accordance with the requirements of Rule 206(4)-3 of the Investment Advisers Act of
1940, as amended, and any corresponding state securities laws, rules, regulations, or
requirements. Any such fee shall be paid solely from the TPMMs investment
management fee and shall not result in any additional charge to the client. The fees
shared will not exceed any limit imposed by any regulatory agency. Fees are paid
quarterly in arrears and in advance. Fees that are charged in advance will be refunded
based on the prorated amount of work completed at the point of termination.

Clients may terminate their contracts without penalty within five business days of
signing the advisory contract.

B. Payment of Fees

Payment of Investment Supervisory Fees

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. Fees are paid quarterly in advance and in some instances, fees are
charged in arrears.

C. Clients are Responsible for Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees, mutual
fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by CFS.            Please see Item 12 of this brochure regarding
broker/custodian.

D. Prepayment of Fees

CFS collects fees in advance and in some instances, fees are charged in arrears. Fees that
are collected in advance will be refunded based on the prorated amount of work
completed at the point of termination and the total days during the billing period. Fees
will be returned within fourteen days to the client via check.
The fee refunded will be the balance of the fees collected in advance minus the daily
rate* times the number of days in the quarter up to and including the day of termination.
(*The daily rate is calculated by dividing the quarterly AUM fee by the number of days
in the termination quarter).

E. Outside Compensation for the Sale of Securities to Clients
Various Investment Adviser Representatives (“IAR”) of CFS are also registered
representatives of CFS Securities, Inc. (“CFS”), which is owned by Michael James Butler.
CFS is a registered limited Broker/Dealer and a FINRA/SIPC member. CFSs IARs may
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Item 7: Types of Clients

  CFS generally provides investment advice and/or management supervisory services to
  the following types of clients:

        Individuals
        High-Net-Worth Individuals
        Pension and Profit-Sharing Plans
        Trusts, Estates, or Charitable Organizations

  Minimum Account Size

  There is no account minimum.