Dean Jacobson Financial Services LLC

Item 5 – Fees and Compensation

Asset Management Maximum Fees

The maximum annual fee to be charged to the client’s account(s) will not exceed 1.60%. The fee to be
assessed to each account will be detailed in the client’s signed advisory agreement, LPL Account
Application. Our firm bills on cash unless indicated otherwise in writing.

Fees are billed on a pro-rata basis, quarterly in advance based on the value of the account(s) on the
last day of the previous quarter. Fees are negotiable and will be deducted from the account(s). Please
note that LPL Financial will make adjustments for deposits and withdrawals in client accounts held
at LPL which could result in a higher fee. Advisory fees will be equal to the value of the account on
the last day of the previous quarter, times the client Fee % (per annum), divided by the number of
days in the agreed upon year, and multiplied by the actual number of days in the quarter. Adviser
assumes a 360-day year and quarters lasting 90 days for accounts custodied at LPL Financial. If

accounts are opened during the quarter, the pro-rata advisory fees will be deducted during the next
regularly scheduled billing cycle. In rare cases, Adviser will agree to direct bill clients. As part of this
process, clients understand the following:

     (a) LPL, as the client’s custodian, sends statements at least quarterly, showing all
         disbursements for each account, including the amount of the advisory fees paid to Adviser;
     (b) Clients provide authorization permitting LPL to deduct these fees;
     (c) LPL calculates the advisory fees for all fee schedules and deducts them from the client’s
         account.

LPL Financial Sponsored Advisory Program Maximum Fees

The account fee charged to the client for each LPL advisory program is negotiable, subject to the
following maximum account fees:

                               Advisory Program                           Annual Fee
                        Manager Access Network (“MAN”)                    Up to 1.30%
                         Manager Access Select (“MAS”)                    Up to 1.30%
                         Model Wealth Portfolio (“MWP”)                   Up to 1.30%
                        Optimum Market Portfolio (“OMP”)                  Up to 1.30%
                        Personal Wealth Portfolio (“PWP”)                 Up to 1.60%

LPL serves as program sponsor, investment advisor and broker-dealer for the LPL advisory
programs. Adviser and LPL may share in the account fee and other fees associated with program
accounts. Associated persons of Adviser may also be registered representatives of LPL.

Adviser receives compensation as a result of a client’s participation in an LPL program. Depending
on, among other things, the type and size of the account, type of securities held in the account,
changes in its value over time, the ability to negotiate fees or commissions, the historical or expected
size or number of transactions, and the number and range of supplementary advisory and client-
related services provided to the client, the amount of this compensation may be more or less than
what Adviser would receive if the client participated in other programs, whether through LPL or
another sponsor, or paid separately for investment advice, brokerage and other services.

The account fee may be higher than the fees charged by other investment advisors for similar
services. Clients should consider the level and complexity of the advisory services to be provided
when negotiating the account fee (or the advisor fee portion of the account fee, as applicable) with
Adviser. With regard to accounts utilizing third-party portfolio managers under aggregate, all-in-one
account fee structures (including MAS, PWP and the legacy MWP fee structure), because the portion
of the account fee retained by Adviser varies depending on the portfolio strategist fee associated with
a portfolio, Adviser has a financial incentive to select one portfolio instead of another portfolio.

The MWP account fee consists of an LPL program fee and an advisor fee of up to 1.30%. Accounts
remaining under the legacy fee structure may be charged one aggregate account fee, for which the
maximum account fee is 1.60%. See the MWP program brochure for more information.

Other Types of Fees

Non-Wrap clients will incur transaction charges for trades executed in their accounts. These

transaction fees are separate from Adviser’s management fee.

LPL Financial offers a trading platform with select exchange traded funds (“ETFs”) that do not charge
transaction fees. The no-transaction-fee ETF trading platform is available to clients participating in
LPL Financial’s Strategic Wealth Management (“SWM”) program. Clients will be subject to
transaction fees charged by LPL Financial for ETFs not included in LPL Financial’s platform and for
other types of securities. The limited number of ETFs available on LPL Financial’s no-transaction fee
platform may have higher overall expenses than other types of securities and ETFs not included in
the platform. Other major custodians have eliminated transaction fees for all ETFs and U.S. listed
equities, so clients may pay more for investing in the same securities at LPL Financial.

Also, clients will pay the following separately incurred expenses, which Adviser does 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) and/or
sub-account manager, strategist, and SMA fees incorporated into LPL Financial Sponsored Advisory
Programs (which fees will be disclosed in the account agreement) . It is the ongoing intent of Adviser
to minimize overall costs consistent with the various account types in a manner that is in the best
long-term interest of the client.

Wrap fee clients will receive Form ADV, Part 2A, Appendix 1 (the “Wrap Fee Program Brochure”).
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Item 7 – Types of Clients

Adviser provides advisory services to:

         Individuals – An individual, their trusts, estates, 401(k) plans and IRAs, as well as those of
          their immediate family members count as one individual. Businesses organized as sole
          proprietorships are considered separate entities;
         High net worth individual – An individual who is a “qualified client” under rule 205-3 of
          the Advisers Act of 1940 or is a “qualified purchaser”;
         Pension and profit sharing plans (other than plan participants);
         Charitable Organizations and Endowments;
         Corporations or other business types.

Account Minimums

For LPL’s Financial Sponsored Advisory Programs, there may be account minimums. Please see Item 4
of this Brochure.