Daviman Financial LLC

Item 5: Fees and Compensation
Financial Planning Fees
An initial meeting is scheduled with a prospective client at no cost or obligation. The
purpose of the meeting is to inform the prospective client of the types of services Daviman
provides and to generally discuss what the client desires from such a financial planning
relationship. If the prospective client is interested in exploring the Adviser’s services in
more detail, Daviman will review the prospective client’s recent income tax returns and a
listing of his/her assets and liabilities. At a subsequent session, the prospective client is
given an idea of the specific value of pursuing this financial planning process and is
quoted a fee for the financial planning services to be provided. The financial planning fee
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is quoted on a project basis and covers projected time and expense associated in working
with this client for a twelve-month period. This includes gathering data, developing the
written plan, reviewing the plan with appropriate advisers, discussing the plan with the
client, implementation, and continuing to review, monitor and update the client’s affairs
throughout the ensuing twelve months. Appropriate billing will be determined in advance
and billed quarterly. The adviser does not solicit prepayment of fees of more than $1,200
six months or more in advance.

The financial planning fee is based upon several factors, including: net worth, gross
income, complexity of one’s financial affairs, and the time necessary to meet each
individual client’s goals and priorities. Certain unforeseen expenses may not be included
in the financial planning fee and would be billed directly.

Once the client verbally agrees to the personal financial planning process, the process to
develop the written documents begins. Once the financial plan is completed and the
appropriate advisers have reviewed the plan, a meeting is scheduled to discuss the plan
and the specific items to be implemented with the client. Reports will be provided
throughout the process and during implementation. As reports are provided ongoing, a
full written plan may not be necessary for completion.

Any balance of the financial planning fee not billed quarterly is billed to the client within
180 days of the start of the relationship and can be paid by the client in any manner
suitable to the client within 30 days of the invoice date. The financial planning fee shall
be mutually agreed upon in advance by and between the client and Daviman. Any such
fee shall be separate from the asset-based investment management fee. The Adviser
reserves the right to waive some or the entire financial planning fee.

Ongoing planning services (including plan updates, new analyses and/or projections) can
be provided and charged via a retainer fee, typically billed in advance on a quarterly basis.
The retainer fee is based upon the estimate of total hours the Adviser will devote to the
Client’s planning needs and the complexity of the Client’s individual circumstances.
Daviman’s hourly rate is up to $500 per hour and this fee may be negotiable. Daviman
may also provide services for a fixed retainer fee of up to $250,000 annually, which may
be negotiable depending upon the nature and complexity of the client’s circumstances. If
a fixed fee is negotiated, that fee will be listed in the Advisory Agreement and Disclosure
Statement.

The client can terminate the financial planning and/advisory relationship at any time with
a 10 days’ written notice.

Managed Discretionary and Non-Discretionary Asset Fees
The Adviser bases its annual investment management fee for managed discretionary and
non-discretionary assets upon a percentage (%) of the market value of the assets and
the specific types of investment management services provided. Daviman charges an
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annual fee of up to 1.5% of assets under management. The Adviser may choose to
charge a lower asset-based fee at its sole discretion.

The typical managed discretionary fee rate will be established once annually, based on
the value of the total household assets under management as of the final day of the fourth
quarter of the previous year as follows:

 Household Assets Under Management              Annualized Fee Rate
 Less than $1,000,000                           1.00%
 $1,000,000 - $2,999,999                        0.75%
 $3,000,000 - $7,500,000                        0.50%
 More than $7,500,000                           Negotiable

The management fee will then be calculated and charged on a quarterly basis for the
following calendar year, in advance, based upon the market value of a client’s assets on
the last day of the previous quarter times the annualized fee rate as determined above.

At the commencement of the agreement the annualized fee rate will be determined for
the remainder of the calendar year based on the household assets under management
upon funding of all household accounts and the client will be charged a pro-rated fee
based on the number of days remaining in the quarter.

Depending on the type of account the Adviser selects for the client, the fee may also be
assessed in arrears by applying our fee schedule to the eligible accounts’ Average Daily
Balance as valued by the Custodian.

Retirement Plan Consulting Fees
The Adviser bases its annual investment consulting fee for institutional retirement plan
assets either upon a percentage (%) of the market value of the assets or as a flat fee
based on plan size, depending on the specific types of investment consulting services
provided. Daviman charges an annual fee of up to 1.50% of assets under management.
Or, flat fees range from $500 to $15,000 annually and automatically increase a
designated percentage on each anniversary of the effective date of the agreement. The
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Item 7: Types of Clients
Description
The Adviser predominantly offers its services to individuals, high net worth individuals,
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pension and profit-sharing plans and participants, trusts, estates, charitable
organizations, corporations or business entities.

Account Minimums
Daviman does not require an account minimum for investment management services or
a minimum account quarterly fee.