CPA Asset Management Group LLC

Item 5 – Fees and Compensation
INVESTMENT SUPERVISORY SERVICES

Clients pay BOC a fee based on the value of assets in their account. Fees are charged quarterly in arrears based on the
quarter-ended fair market value of the account (including cash, cash equivalents and accrued income) to which such fee
relates. The fair market value shall not be reduced by any margin balance or borrowing against the account. While BOC
intends to charge fees in accordance with the standard fee schedule in place at the time of executing the portfolio
management agreement, fees are subject to negotiation and may vary from the standard schedules to reflect
circumstances that apply to a specific client account. The fee schedule, and any applicable terms and conditions, is stated
in the client’s portfolio management agreement.

BOC’s standard fee schedule is as follows:

         Assets Under Management              Annual Fee
         First $1,500,000                     1.00%
         Next $3,500,000                      0.70%
         Next $5,000,000                      0.50%
         Above $10,000,000                    0.30%

                         501 South Flagler Drive, Suite 220, West Palm Beach, FL 33401 | blueoceancpa.com                          5

The advisory fee covers only the portfolio management and advisory services provided by BOC and does not include
brokerage commissions, ticket charges, transaction fees, short-term trading fees, trade-away fees, prime broker fees,
mark-ups and mark-downs, exchange fees, dealer spreads or other costs associated with the purchase and sale of
securities, custodian fees, transfer fees, wire fees, interest, taxes, or other account expenses. All fees paid to BOC for
investment advisory services are separate and distinct from the fees and expenses charged by mutual funds or in
conjunction with internal expenses associated with exchange-traded funds. The client will be solely responsible, directly
or indirectly, for these additional expenses. BOC does not receive any portion of these additional fees. Refer to Item 12
for a detailed discussion of brokerage practices.

Clients grant BOC the authority to debit advisory fees directly from the clients’ accounts. Because the client authorizes
BOC to debit fees, BOC is deemed to have custody of the client’s funds. Clients will receive a statement, usually monthly
but no less than quarterly, directly from their account custodian. BOC urges clients to review the information on the
statement for accuracy and compare the information to any reports received directly from BOC. Please refer to Item 15 of
this document for additional disclosures relating to Custody.

Either party may terminate the portfolio management agreement immediately upon written notice to the other party.
Because fees are charged in arrears, no refunds are necessary. Termination of the agreement will not affect the liabilities
or obligations incurred or arising from transactions initiated under the agreement prior to the termination.

FAMILY OFFICE SERVICES AND FINANCIAL PLANNING

Fixed Fees

Fees for Family Office Services and/or Financial Planning are negotiated with the client based on the estimated time spent
and breadth of services expected. These services are generally charged at a fixed rate, but can be included in the fees for
Investment Supervisory Services. Fees are paid in arrears; therefore, no refund policy is necessary upon termination of the
agreement. Fees are negotiable and the final fee schedule will be attached to the Family Office or Investment Advisory
Agreement.

Hourly Fees

Depending upon the complexity of the situation and the needs of the client, BOC may charge an hourly fee for Family Office
Services and/or Financial Planning. Hourly rates range from $100 to $300. Fees are paid in arrears; therefore, no refund
policy is necessary upon termination of the agreement. Fees are negotiable and the final fee schedule will be attached to
the Family Office or Investment Advisory Agreement.

Tax and Accounting Services

BOC charges an hourly rate for tax and accounting services. Hourly rates range from $200 to $400. Clients are invoiced
either in installments or after the agreed upon work is completed, depending on the nature of the engagement. No refund
policy is necessary upon termination of any tax or accounting services.

Item 7 – Types of Clients
BOC clients include:

         •   Individuals
         •   High-Net-Worth Individuals
         •   Pension and Profit Sharing Plans
         •   Trusts, Estates, or Charitable Organizations
         •   Corporations or Business Entities

BOC requires a minimum account size of $1,000,000 for Investment Supervisory Services and Financial Planning, although
this minimum may be waived at BOC’s discretion. Typically, Family Office Services are most appropriate for clients with
$10,000,000 or more.