Cravens Brothers Private Wealth Management LLC

Item 5: Fees and Compensation
Method of Compensation and Fee Schedule
 ASSET MANAGEMENT
 Cravens offers non-discretionary direct asset management services to advisory Clients.
 Cravens charges an annual investment advisory fee based on the total assets under
 management as follows:
       Assets Under Management            Equity/Balanced           Fixed Income Only
            First $5,000,000                   0.90%                      0.50%
           Next $10,000,000                    0.75%                      0.40%
           Next $35,000,000                    0.50%                      0.30%
          Above $50,000,000                    0.40%                      0.25%
 This is a blended fee schedule; the asset management fee is calculated by applying different
 rates to different portions of the portfolio. Cravens may group certain related Client
 accounts for the purposes of achieving the minimum account size and determining the
 annualized fee.
 For example, a Client with $10,000,000 under management would pay $82,500 on an
 annual basis.
 First $5,000,000 x .0090 = $45,000
 Next $5,000,000 x .0075 = $37,500
 The annual fee may be negotiable based upon certain criteria (e.g., historical relationship,
 type of assets, anticipated future earning capacity, anticipated future additional assets,
 dollar amounts of assets to be managed, related accounts, account composition,
 negotiations with Clients, etc.).
 Fees are billed monthly in arrears based on the average daily balance of the account for the
 billing period. Lower fees for comparable services may be available from other sources.
 Clients may terminate their account within five (5) business days of signing the Investment
 Advisory Agreement with no obligation and without penalty. Clients may terminate
 advisory services with thirty (30) days written notice. For accounts opened or closed mid-
 billing period, any unpaid earned fees will be due to Cravens. Client shall be given thirty
 (30) days prior written notice of any increase in fees. Any increase in fees will be
 acknowledged in writing by both parties before any increase in said fees occurs.
 FINANCIAL PLANNING AND CONSULTING
 Cravens charges either an hourly, fixed, or ongoing fee for financial planning. Prior to the
 planning process the Client will be provided an estimated plan fee. Services are completed
 and delivered inside of ninety (90) days contingent upon timely delivery of all required
 documentation. Client may cancel within five (5) business days of signing Agreement with
 no obligation and without penalty. If the Client cancels after five (5) business days, any
 unearned fees will be refunded to the Client, or any unpaid earned fees will be due to
 Cravens. Cravens reserves the right to waive the fee should the Client implement the plan
 through Cravens. Fees for fixed and hourly financial plans are billed upon delivery of the
 completed plan. Fees for ongoing planning services are billed monthly and in arrears.

        HOURLY FEES
        Hourly Financial Planning Services are offered based on an hourly fee of $300 per
        hour.
        FIXED FEES
        Fixed Fee Financial Planning Services are offered based on a flat fee between $1,000
        and $20,000.
        ONGOING SERVICES
        Ongoing Financial Planning Services are offered on an ongoing basis and will remain
        in effect year over year unless cancelled in writing by either party by giving the
        other party thirty (30) days written notice. The fee for this service will be based on
        fixed annual rate between $1,000 and $20,000 or on the Client’s Net Asset Level as
        follows:
                          Asset Level                                Fee
                       First $10,000,000                            0.45%
                       Next $15,000,000                             0.35%
                       Over $25,000,000                             0.20%

Client Payment of Fees
 Investment management fees are billed monthly in arrears Fees are usually deducted from
 a designated Client account to facilitate billing. The Client must consent in advance to direct
 debiting of their investment account.
 Fees for fixed and hourly financial plans are billed upon delivery of the completed plan.
 Fees for ongoing planning services are billed monthly and in arrears.
 Cravens, in its sole discretion, may charge a lesser investment advisory fee based upon
 certain criteria (e.g., historical relationship, type of assets, anticipated future earning
 capacity, anticipated future additional assets, dollar amounts of assets to be managed,
 related accounts, account composition, negotiations with Clients, etc.).
Additional Client Fees Charged
 Custodians may charge transaction fees on purchases or sales of certain mutual funds,
 equities, and exchange-traded funds. These charges may include mutual fund transaction
 fees, postage and handling and miscellaneous fees. For more details on the brokerage
 practices, see Item 12 of this brochure.
Prepayment of Client Fees
 Cravens does not require any prepayment of fees.
External Compensation for the Sale of Securities to Clients
 Cravens does not receive any external compensation for the sale of securities to Clients, nor
 do any of the investment advisor representatives of Cravens.

Item 7: Types of Clients
Description
 Cravens generally provides investment advice to individuals, high net worth individuals,
 charitable organizations and business organizations. Client relationships vary in scope and
 length of service.
Account Minimums
 Cravens does not require a minimum to open an account.