Cypress Financial Planning LLC

Item 5: Fees and Compensation

We base our fees on fixed fees or a percentage of assets under management, which are
described below.

Compensation – Financial Planning
Financial Planning fees will be charged as a fixed fee, typically ranging from $1,500 - $5,000,
depending on the nature and complexity of each client’s circumstances.

All financial planning fees are due in arrears, upon presentation of the financial plan.

Compensation – Wealth Management Services
Wealth Management fees are charged an annual fee as follows:

                      Assets Under Management                        Annual Fee
                           First $1,000,000                            1.20%
                Portion from $1,000,001 to $2,000,000                  1.05%
               Portion from $2,000,0001 to $3,000,000                  0.92%
                Portion from $3,000,001 to $4,000,000                  0.79%
                 Portion for 4,000,001 to $5,000,000                   0.66%
                Portion from $5,000,001 to $7,500,000                  0.54%
                          $7,500,001 and up                            0.39%

The asset-based fee is billed on a quarterly basis, in arrears, based upon the market value of the
Household Assets, including cash, on the last day of the previous quarter as valued by the
custodian.

The minimum annual fee for Wealth Management services ranges from $1,000 to $2,500.

Retirement Plan Services Fees
We charge an annualized fee of up to 1.00% of the plan's assets for the pension consulting
services described above. In lieu of an asset-based fee, we may charge a fixed fee ranging from
$1,500 to $8,000. Generally, a fixed fee will not exceed 1.00% of the plan's assets unless there
are special circumstances warranting a higher fee. The type and amount of the fees charged to
the client are negotiable and are generally based on the size and complexity of the plan, the
number of plan participants, the location of the participants, the estimated number of meetings
required, and other factors that may be deemed relevant by us when negotiating with the
client. An estimate of the total cost will be determined at the start of the advisory engagement.
Fees for pension consulting services are generally payable quarterly in advance.

Calculation and Payment
The specific manner in which we charge fees is established in a client’s written agreement with
us. Clients may elect to be invoiced directly for fees or to authorize us to directly debit fees
from client accounts.
Accounts initiated 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.

In no cases will more than $1,200 be collected from the client more than 6 months in advance.

Other Fees
There are no additional types of fees or expenses that our clients pay in connection with the
delivery of advisory services. The educational seminars and newsletters that the Firm provides
to both current clients and non-clients are offered free of charge.

Agreement Terms
Either party may terminate an agreement at any time by notifying the other in writing. If the
client made an advance payment, we would refund any unearned portion of the advance
payment. If the client made a payment in arrears, we would collect any earned yet unpaid fees.

Cash Balances
Some of your assets may be held as cash and remain uninvested. Holding a portion of your
assets in cash and cash alternatives, i.e., money market fund shares, may be based on your
desire to have an allocation to cash as an asset class, to support a phased market entrance
strategy, to facilitate transaction execution, to have available funds for withdrawal needs or to
pay fees or to provide for asset protection during periods of volatile market conditions. Your
cash and cash equivalents will be subject to our investment advisory fees unless otherwise
agreed upon. You may experience negative performance on the cash portion of your portfolio if
the investment advisory fees charged are higher than the returns you receive from your cash.

Retirement Plan Rollover Recommendations
As part of our investment advisory services to our clients, we may recommend that clients roll
assets from their employer’s retirement plan, such as a 401(k), 457, or ERISA 403(b) account
(collectively, a “Plan Account”), to an individual retirement account, such as a SIMPLE IRA, SEP
IRA, Traditional IRA, or Roth IRA (collectively, an “IRA Account”) that we will advise on the
client’s behalf. We may also recommend rollovers from IRA Accounts to Plan Accounts, from
Plan Accounts to Plan Accounts, and from IRA Accounts to IRA Accounts.

If the client elects to roll the assets to an IRA that is subject to our advisement, we will charge
the client an asset-based fee as set forth in the advisory agreement the client executed with our
firm. This creates a conflict of interest because it creates a financial incentive for our firm to
recommend the rollover to the client (i.e., receipt of additional fee-based compensation).
Clients are under no obligation, contractually or otherwise, to complete the rollover. Moreover,
if clients do complete the rollover, clients are under no obligation to have the assets in an IRA

advised on by our firm. Due to the foregoing conflict of interest, when we make rollover
recommendations, we operate under a special rule that requires us to act in our clients’ best
interests and not put our interests ahead of our clients.’

Under this special rule’s provisions, we must:

   •    meet a professional standard of care when making investment recommendations (give
        prudent advice);
   •    never put our financial interests ahead of our clients’ when making recommendations
        (give loyal advice);
   •    avoid misleading statements about conflicts of interest, fees, and investments;
...

Types of Clients
We provide comprehensive financial planning and portfolio management services to
individuals, high net worth individuals, families, businesses, corporate pension and profit-
sharing plans, charitable institutions, foundations, endowments, and trust programs.

Account Minimums
We have no minimum account size.