DBK Financial Counsel LLC

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based Fees for Portfolio Management

        Total Assets Under Management          Annual Fee

        Up to $5,000,000                       1.00%

        $5,000,000 - $10,000,000               0.75%

        $10,000,000 - and up                   0.50%

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of
the Investment Advisory Contract. Clients may terminate the agreement without penalty
for a full refund of DBK's fees within five business days of signing the Investment
Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
generally on written notice.

DBK bills based on the balance on the first day of the billing period.

Financial Planning Fees

    DBK charges a fixed fee for financial planning services unless a client has assets managed
    by DBK. The hourly fee for these services is $295. The fees are negotiable.

    B. Payment of Fees

    Payment of Asset-Based Portfolio Management Fees

    Asset-based portfolio management fees are withdrawn directly from the client's accounts
    with client's written authorization on a quarterly basis. Fees are paid in advance.

    Payment of Financial Planning Fees

    Financial Planning fees are paid via check. Fees are generally paid quarterly, but in some
    cases maybe paid upon completion of work.

    C. Client Responsibility For Third Party Fees

    Clients are responsible for the payment of all third party fees (i.e. custodian fees,
    brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
    distinct from the fees and expenses charged by DBK. Please see Item 12 of this brochure
    regarding broker-dealer/custodian.

    D. Prepayment of Fees

    DBK generally collects fees in advance. Refunds for fees paid in advance will be returned
    within fourteen days to the client via check, or return deposit back into the client’s
    account.

    For all asset-based fees paid in advance, the fee refunded will be the balance of the fees
    collected in advance minus the daily rate* times the number of days in the billing period
    up to and including the day of termination. (*The daily rate is calculated by dividing the
    annual asset-based fee rate by 365.)

    E. Outside Compensation For the Sale of Securities to Clients

    Neither DBK nor its supervised persons accept any compensation for the sale of securities
    or other investment products, including asset-based sales charges or service fees from the
    sale of mutual funds.

Item 7: Types of Clients

DBK generally provides advisory services to the following types of clients:

           ❖ High-Net-Worth Individuals

Minimum Account Size for Portfolio Management

There is an account minimum of $1,000,000, which may be waived by DBK in its discretion.