CSM Advisors LLC

ITEM 5: FEES AND COMPENSATION

The Company receives compensation directly and indirectly for its services.

Direct Compensation comes in the form of payments from clients based upon assets managed.
The Company typically bills clients based upon a pre-determined fee schedule using the assets
managed as recorded in our system. Variations as to the assets’ valuation date, how the asset
values are calculated (for examples source may be from our accounts or custodian statements),
and invoice period are permissible. There are some sponsors (Unified Managed Assets “UMA”,
consultants, clients, etc.) that calculate their own fee under the applicable fee schedule and
remit payment without requiring an invoice from the Company.

Additional indirect compensation may come from pooled investment products that are sub-
advised by the Company, such as mutual funds, collective investment trusts (CITs), or other
commingled vehicles.

All fees are negotiable. Fees are billed in advance or in arrears according to a written and fully
executed management agreement. Fees may be billed separately or directly debited from a
client’s account. A client must authorize any direct debit arrangements with its custodian. New
and terminating clients will have invoices prorated to the nearest day. Refunds may be necessary
if client has elected to pay in advance and the termination falls in the middle of a billing cycle.
Any refunds will be paid promptly following termination or depending on the arrangements with
the client, following the end of the quarter.

 Investment Strategy            Fee Description                          Minimum       Minimum
                                                                            Fee       Account Size
 Large Cap Value                0.75% on the first $25 million of AUM     $22,500      $3,000,000
 Large-Cap Value Equity         0.50% on the next $25 million of AUM
 Large-Cap Core Equity          0.40% thereafter
 All Cap Value                  0.80% on the first $25 million of AUM     $24,000      $3,000,000
 All Cap Core                   0.70% on the next $25 million of AUM
                                0.60% thereafter
 Micro Cap Value Plus           1.00% on the first $25 million of AUM     $30,000      $3,000,000
                                0.70% on the next $25 million of AUM
                                0.60% thereafter
 Micro Cap Value                1.00% on all AUM                          $30,000      $3,000,000

 Small Cap Value                1.00% on the first $50 million of AUM     $30,000      $3,000,000
                                0.95% on the next $25 million of AUM
                                0.90% thereafter

 SMID Core                     1.00% on the first $25 million of AUM    $30,000      $3,000,000
                               0.95% on the next $25 million of AUM
                               0.90% thereafter
 Fixed Income Fee Schedule     0.45% on first $25,000,000               Negotiable    Negotiable
                               0.35% on next $25,000,000
                               0.25% on next $50,000,000
                               0.20% on assets over $100,000,000
 Balanced Fee Schedule         0.75% on first $5,000,000                Negotiable    Negotiable
                               0.50% on next $10,000,000
                               0.30% on any amounts thereafter
 Retail Clients*               1.25% on first $1,000,000                Negotiable    Negotiable
                               0.95% on next $2,000,000
                               0.85% on any amounts thereafter

*For Legacy retail accounts primarily custodied through Fidelity Investments Registered
Investment Advisor Group (“Fidelity”).

Clients will be charged additional commissions or other brokerage fees when McKee executes
trades with multiple broker/dealers other than the sponsor in order to provide favorable
execution (step-out trades). Fees are generally charged quarterly in arrears, but McKee may
enter into arrangements where fees are billed in advance. Typically, fees are charged as a
percentage of assets under management and are calculated at the close of each calendar
quarter, but McKee may enter into flat fee arrangements with certain clients on a case-by-case
basis. Typically, investment management fees charged as a percentage of assets under
management are based on account balances at the end of a calendar quarter provided by the
custodian. Typically, clients authorize McKee to deduct McKee’s fees directly from their account
by sending an invoice to the custodian. The account custodian does not check the fee
calculation, percentage or amount to be deducted, so the client is responsible for reviewing fee
deductions shown on account statements and informing McKee of any suspected errors.
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee. Upon
termination of any account, any prepaid, unearned fees will be promptly refunded, and any
earned, unpaid fees will be due and payable. McKee generally does not offer the services
provided under the Program separately. However, clients may be able to purchase services
similar to those offered under the Program from other service providers either separately or as
part of a similar wrap fee program. These services or programs may cost more or less than the
Program, depending on the fees charged by such other service providers.

North Square mutual funds sub-advised by CS McKee as of the date of this brochure

 Fund        Share      Ticker      Net           Gross     Subadvisors   Management
 Name        Class                  Expense       Expense                 Role / Notes
                                    Ratio         Ratio
 North       R6         NMKBX       0.28%         0.53%     CS McKee      Subadvised;
 Square                                                                   revenue
...

ITEM 7: TYPES OF CLIENTS

The Company primarily works with Institutional Clients.

As of the date of this Brochure, client types include high net worth individuals, investment
companies, pension and profit-sharing plans, charitable organizations, state or municipal
government entities, insurance companies, and corporations.

The standard account minimum account is $5,000,000, but exceptions will be made based upon
a multitude of factors including the size of the relationship, the ability of the Company to invest
a smaller amount effectively in an existing current strategy, level of service required, the strategy
requested, and the potential for gaining additional future assets.