Cypress Advisory Group LLC

Item 5: Fees & Compensation

    How We Are Compensated for Our Advisory Services

    Asset Management:

                      Assets Under Management          Annual Percentage of Assets Charge
                            $0 to $499,999                           1.35%
                         $500,000 to $999,999                        1.25%
                       $1,000,000 to $2,999,999                      1.00%
                       $3,000,000 to $4,999,999                      0.90%
                           Over $5,000,000                         Negotiable

    Our firm’s annualized fees are billed on a pro-rata basis quarterly in advance based on the time-
    weighted daily average of your account(s) during the previous quarter. Fees may be negotiable and
    will be deducted from your managed account. As part of this process, the client is made aware of the
    following:

         a) The client’s independent custodian sends statements at least quarterly showing the market
            values for each security included in the assets and all account disbursements, including the
            amount of the advisory fees paid to our firm.
         b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
            firm will send an invoice directly to the custodian.
         c) If our firm sends a copy of our invoice to the client, our invoice will include a disclosure urging
            the client to compare the information provided in our statement with those from the qualified
            custodian.

    Financial Planning & Consulting:

    We charge on an hourly or flat fee basis for financial planning and consulting services. The total
    estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of
    our engagement with you. Our fees are calculated based on the time spent and the hourly rate of the
    person doing the work. Our hourly fees are as follows:

    Name                                     Hourly Rate
    Geoff Grenert, Principal                 $200
    Design Analyst                           $150
    General Administrative Staff             $60

    Travel time to and from client meeting will be billed at 20% of the hourly billing rate indicated above.

ADV Part 2A – Firm Brochure                          Page 5                                        Sierra Legacy Group

    Our flat fees range from $1,500 to $10,000. We may require a retainer of fifty-percent (50%) of the
    ultimate financial planning or consulting fee with the remainder of the fee directly billed to you and
    due to us within thirty (30) days of your financial plan being delivered or consultation rendered to
    you. Our firm will not require prepayment of more than $1,200 when services cannot be rendered
    within 6 months.

    Other Types of Fees & Expenses

    Clients will incur transaction charges for trades executed in their accounts. These transaction fees
    are separate from our fees and will be disclosed by the firm that the trades are executed through.
    Also, clients will pay the following separately incurred expenses, which we do not receive any part
    of: charges imposed directly by a mutual fund, index fund, or exchange traded fund which shall be
    disclosed in the fund’s prospectus (i.e., fund management fees and other fund expenses).

    Termination & Refunds

    We charge our advisory fees quarterly in advance. In the event that you wish to terminate our
    services, we will refund the unearned portion of our advisory fee to you. You need to contact us in
    writing and state that you wish to terminate our services. Upon receipt of your letter of termination,
    we will proceed to close out your account and process a pro-rata refund of unearned advisory fees.

    Financial Planning & Consulting clients may terminate their agreement at any time before the
    delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
    performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
    Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
    firm.

    Commissionable Securities Sales

    In order to sell securities for a commission, our supervised persons are registered representatives of
    M Holdings Securities, Inc., member FINRA/SIPC. Our supervised persons may accept compensation
    for the sale of securities or other investment products, including distribution or service (“trail”) fees
    from the sale of mutual funds.

    Additionally, our firm may offer and be compensated for the sale of private placement annuities and
    variable life insurance through our broker-dealer affiliate, M Holdings Securities, Inc., member
    FINRA/SIPC, to qualified clients.

    A "Qualified Client" is defined as:

         (i) A natural person who or a company that immediately after entering into the contract has at least
              $1,000,000 under the management of the investment adviser;
         (ii) A natural person who or a company that the investment adviser entering into the contract (and
              any person acting on his behalf) reasonably believes, immediately prior to entering into the
              contract, either:
              (A) Has a net worth (together, in the case of a natural person, with assets held jointly with a
                  spouse) of more than $2,100,000, at the time the contract is entered into; or
              (B) Is a qualified purchaser as defined in section 2(a)(51)(AA) of the Investment Company Act
                  of 1940 (15U.S.C. 80a-2(51)(A)) at the time the contract is entered into; or
         (iii) A natural person who immediately prior to entering into the contract is:

ADV Part 2A – Firm Brochure                         Page 6                                       Sierra Legacy Group
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Item 7: Types of Clients & Account Requirements

    Our types of clients include Individuals and High Net Worth Individuals.

    We require a minimum household balance of $500,000 for our Asset Management service. This
    minimum household balance requirement may be negotiable depending on the scope and complexity
    of the engagement. The Investment Adviser Representative would hold the discretion of waiving the
    fee.

    Written financial plans are generally assessed a minimum fee of $1,500.