Copperwood Financial Inc

Item 5 Fees and Compensation

Asset Management Fees
Pursuant to an investment advisory contract signed by each client, the client will pay Copperwood
an annual management fee, payable quarterly in arrears, based on the average daily balance of the
assets under management during the quarter. New account fees will be prorated from the inception
of the account to the end of the first quarter.

       Up to $250,000                  1.25 %
       $250,001 – $999,999             1.00 %
       $1 million - $3 million         0.75 %
       Over $3 million                 0.65%

These fees may be negotiated at the sole discretion of the Advisor. Asset management fees will
be directly deducted from the client account on a quarterly basis by the qualified custodian. The
client will give written authorization permitting the Advisor to be paid directly from their account
held by the custodian. The custodian will send a statement at least quarterly to the client outlining
the fee calculation and the amount withdrawn from the client account. The client may terminate
the asset management services at any time by written notice to the Advisor, and such termination
shall be effective thirty (30) days after receipt of such notice in writing. If the client terminates
the agreement with the Advisor prior to the end of the quarter, the client will be responsible for
the prorated fees based on the number of days in the billing period, up to and including the effective
date of termination. Advisor’s Asset Management Fee is separate from any fees charged by third-
party managers or other investment advisors, as described in more detail below.

Clients who elect to open high-yield cash management accounts at Flourish Cash will be charged
an additional advisory fee of 0.10%. This additional fee will be based upon the value of the client’s
Flourish Cash account and will be deducted from the client’s overall annual percentage yield
(APY) on the account. This fee is not negotiable. This fee is separate and apart from
Copperwood’s investment advisory fees, and the cash assets will not be included in the calculation
of portfolio management fees described in the table above.

Third-Party Manager Fees
Clients may be referred to a third-party money manager to assist and advise the client with his/her
investments. In consideration for such, and as agreed to by the client in the third-party manager’s

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separate investment advisory agreement, the third-party manager will receive management fees
that may vary based on the fund options selected and utilized within the client’s portfolio. New
account fees will be prorated from the inception of the account to the end of the first month or
quarter, depending on the manager’s billing period. Copperwood will receive its investment
advisory fee paid out of the internal expenses charged by the third-party manager. Copperwood’s
portion of the fee is described in the Asset Management Fees disclosure above and will be agreed
to separately in Copperwood’s investment advisory agreement. At no time will cumulative fees
charged by the third-party manager and Copperwood ever meet or exceed 3% of the client’s total
assets under management.

Fixed Fee – Financial Planning
Copperwood charges fixed fees for financial planning services. The Advisor offers two levels of
financial planning assistance – Tier 1 and Tier 2 as described in Item 4 above. The fixed fee for
Tier 1 services is $2,500. The fixed fee for Tier 2 services starts at $5,000 but is calculated based
on the scope and complexity of services and the client’s needs.

Fixed fees may be negotiated in advance based at the discretion of the Advisor and are billed upon
completion and delivery of the plan. If the final fee is not paid by the client at the delivery of
services, the client is required to pay the fee within 14 business days of delivery. If the client
terminates the Agreement with the Advisor prior to the Advisor's completion of the project, any
fees due the Advisor will be invoiced to the client and payable within 14 days of delivery of the
invoice. Any fees due the Advisor as a result of termination of the Agreement will be calculated
based on the Advisor’s $400 hourly fee rate, multiplied by the number of hours the Advisor
incurred prior to Agreement termination.

Hourly Fee – Financial Planning
Some clients may require an additional financial planning or investment advisory service than is
offered in the Advisor’s Tier 1 and Tier 2 packages as described in Item 4. Copperwood may
provide any needed services beyond the scope of those packages based on an hourly fee. These
services will generally be assisting with a specific issue or transaction for the client that does not
develop a comprehensive financial plan. Rather, the service is intended to provide assistance with
a special issue or transaction. Clients will contract to have the specific investment advice and/or
financial planning service provided on an hourly fee rather than based on the assets under
management. The Advisor’s hourly fee will be billed at a rate of $400 per hour and will be
negotiated and agreed upon by the parties in advance. Hourly fee-based clients are billed monthly
and upon completion of work. If the final fee is not paid by the client at the delivery of services,
the client is required to pay the fee within 14 business days of delivery. If the client terminates the
Agreement with the Advisor prior to the Advisor's completion of the project, any fees due the
Advisor will be invoiced to the client and payable within 14 days of delivery of the invoice.

Qualified Retirement Plan Consulting Services
Plan Sponsor will pay the Advisor, as compensation for its services, a consulting fee at an annual
rate of 1.0% of assets in the Plan, including the value of any outstanding loans from the Plan to
Participants. Fees are negotiable based at the discretion of the Advisor. The consulting fee is
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Item 7 Types of Clients

The Advisor will offer its services to individuals, trusts, estates, or charitable organizations,
corporations, and other business entities.

The Advisor does not have any minimum requirements for opening or maintaining an account.