David Vaughan Investments LLC

Item 5 Fees and Compensation
DVI is compensated for investment advice and asset management services, wealth management advisory services, consulting
services and OCIO services based upon the value of assets under management that have accumulated in the accounts at the
David Vaughan Investments, LLC                                  6                                                          CRD #: 105990
Form ADV Part 2A, dated March 30, 2026                                                                             SEC File No.: 801-1264

end of each month or quarter. Generally, month-end asset values are collected as reasonably determined by DVI and the three-
month average is used to calculate the fee, which is then billed in arrears following the end of each calendar quarter. Some
Clients may instead choose to be billed on a monthly basis. Clients may choose to have their fees deducted from their account(s)
or be billed directly. In addition, Clients may choose to prepay fees upon request. In the event a Client prepays their fees and
then terminates DVI’s services before the prepaid period expires, the Firm will refund the unearned portion of the fees paid. DVI
requests a minimum annual relationship fee of $9,000 for Discretionary Asset Management Services engagements and Wealth
Management Advisory Services engagements, $1,000 for Mutual Fund Asset Allocation Portfolio Management Services, and
$1,500 for Consulting Services, but does not impose a minimum dollar value of assets for starting or maintaining a relationship.
DVI, at its discretion, may at times accept smaller relationships for fees less than its stated minimum.
The standard fee schedules for each type of investment strategy (shown below) are based upon a tiered approach where fees
are paid based upon the stated rate for a specific asset range. DVI does not utilize wrap fees in billing Client accounts.

Discretionary Asset Management Services Fees
For institutional Clients, the standard Discretionary Asset Management Services fee schedules for each type of investment strategy
(shown below) are based upon a tiered approach where fees are paid based upon the stated rate for the identified asset range.
These fee schedules are specific only to the execution of the stated investment strategy and do not include the ancillary services
provided under DVI’s Wealth Management Advisory Services as stated in Item 4 Advisory Business.
     Equity Common Stock Management - Equity Assets are billed at the following rates:
             .90 of 1% on the first $1,000,000 of equity assets
             .75 of 1% on $1,000,001 to $5,000,000 of equity assets
             .70 of 1% on $5,000,001 to $15,000,000 of equity assets
             .60 of 1% on $15,000,001 to $25,000,000 of equity assets
             .50 of 1% on equity assets that exceed $25,000,000
     Balanced Portfolio Management - Balanced Assets are billed at the following rates:
            .80 of 1% on the first $1,000,000 of balanced assets
            .70 of 1% on $1,000,001 to $5,000,000 of balanced assets
            .60 of 1% on $5,000,001 to $15,000,000 of balanced assets
            .50 of 1% on balanced assets that exceed $15,000,000
     Fixed Income Portfolio Management - Fixed Income Assets are billed at the following rates:
             .35 of 1% on the first $2,500,000 of fixed income assets
             .25 of 1% on fixed income assets that exceed $2,500,000
     Mutual Fund Asset Allocation Portfolio Management - Mutual Fund Assets are billed at the following rates:
            1.00% on the first $250,000 of mutual fund assets
            .90 of 1% on $250,001 to $500,000 of mutual fund assets
            .80 of 1% on $500,001 to $750,000 of mutual fund assets
            .70 of 1% on $750,001 to $1,000,000 of mutual fund assets
            .60 of 1% on mutual fund assets that exceed $1,000,000
Certain assets under management (notably in the Mutual Fund Asset Allocation schedule outlined above) are invested in open-
end investment funds. These funds generally charge a management fee to compensate the investment advisors of these funds.
These fees vary in amounts and are outlined in each fund’s mutual fund prospectus. DVI’s fees as outlined above are in addition
to these fund’s management fees. DVI does not receive any portion of these fund management fees.
DVI’s investment management fees are exclusive of brokerage commissions, transaction fees and other related costs and
expenses which may be incurred by the Client. Custodians, broker/dealers, and other third parties charge transaction fees and/or
commissions for the purchase and sale of stocks and mutual funds, wire transfer fees and various other transactions (See Item
12 Brokerage). DVI does not receive any portion of these transaction fees, commissions and/or costs.

Wealth Management Advisory Services Fees
For individual Clients, the Wealth Management Advisory Services fee schedule is based upon a tiered approach where fees are
paid based upon the stated rate for the identified asset range. This fee schedule incorporates both the investment of assets per
the Client’s stated investment strategy as well as the inclusion of DVI’s ancillary Wealth Management Advisory Services as stated
in Item 4 Advisory Business.
     Wealth Management Advisory Services – Wealth Management Advisory Services Assets are billed at the following rates:
            .90 of 1% on the first $1,000,000 of Wealth Management Advisory Services assets
            .75 of 1% on $1,000,001 to $5,000,000 of Wealth Management Advisory Services assets
            .70 of 1% on $5,000,001 to $15,000,000 of Wealth Management Advisory Services assets
            .60 of 1% on $15,000,001 to $25,000,000 of Wealth Management Advisory Services assets
            .50 of 1% on Wealth Management Advisory Services assets that exceed $25,000,000
...

Item 7 Types of Clients
DVI serves individual and high-net worth individuals, trusts, estates, charitable organizations, public & private foundations,
qualified plans, corporations, and other business entities. Minimum fees and account sizes are discussed in Item 5 Fees and
Compensation.