Diversified Financial Advisors LLC

Item 5 Fees and Compensation
A. Asset Management Services

Our annual fee for portfolio management services varies between .25 % to 1.50% depending upon the
market value of your assets under our management, the type and complexity of the asset management
services provided, as well as the level of administration requested either directly or assumed by the
client. Assets in each of your account(s) are included in the fee assessment unless specifically
identified in writing for exclusion.

Our advisory fee is negotiable, depending on individual client circumstances.

Our asset management services fee is billed and payable quarterly in advance based on the value of
your account on the last day of the previous quarter. If the asset management agreement is executed
at any time other than the first day of a calendar quarter, our fees will apply on a pro rata basis, which
means that the advisory fee is payable in proportion to the number of days in the quarter for which you
are a client.

The qualified custodian holding your funds and securities will deduct our advisory fee directly from your
account. They will deduct our advisory fee only when you have given our Firm written authorization
permitting the fees to be paid directly from your account according to the agreement. Further, the
qualified custodian will deliver an account statement to you at least quarterly. These account
statements will show the amount of our advisory fee deducted from your account each billing period.
You should review all statements for accuracy.

Either party to our service agreement may terminate the portfolio management agreement upon 30
days written notice. You will incur a pro rata charge for services rendered prior to the termination of the
portfolio management agreement, which means you will incur advisory fees only in proportion to the
number of days in the quarter for which you are a client. If you have pre-paid advisory fees that we
have not yet earned, you will receive a prorated refund of those fees.

B.    Retirement Plan Advisory Services

The compensation arrangement for the Retirement Plan Advisory Services is an asset-based fee
which is negotiable but will not exceed 1.25% per annum. All payment arrangements will be
negotiated and outlined in our service agreement based upon the account size, complexity and
services being rendered. Our retirement plan advisory service fee is billed either monthly or quarterly
in arrears as required by the Plan's administrator or record keeper. Under the average daily balance
method, each day's balance for the billing cycle is summed then divided by the number of days in the
cycle, to compute the average daily balance. The average daily balance is then multiplied by the
monthly or quarterly fee. Our advisory fees for the customized services referenced in Item 4 will be
negotiated with the plan sponsor or named fiduciary on a case-by-case basis.

Either party to our service agreement may terminate the arrangement as outlined in the service
agreement, upon thirty (30) days prior written notice to the other party. After the last day of service, all
fees due and payable will be submitted for payment to the Plan's administrator or recordkeeper.

C.    Financial and Investment Planning Services

We charge an hourly fee of $250 for financial planning services, which is negotiable depending on the
scope and complexity of your situation and your financial objectives. An estimate of the total time/cost
will be determined at the start of the advisory relationship. In limited circumstances, the cost/time
could potentially exceed the initial estimate. In such cases, we will notify you and request that you
approve the additional fee.

We require that you pay 50% of the fee in advance and the remaining portion upon the completion of
the services rendered.

We will not require prepayment of a fee more than six months in advance and in excess of $1,200.
 You may terminate the financial planning agreement by providing 30 days written notice to our Firm.
You will incur a pro rata charge for services rendered prior to the termination of the agreement. If you
have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of those
fees. At our discretion, we may offset our financial planning fees to the extent you implement the
financial plan through our Portfolio Management Service.

Financial Consulting Services

We charge an hourly fee of $250 for financial consulting services. Our consulting fees are due at the
inception of the consulting relationship.

D.    Selection of Third-Party Money Managers

Our Firm will not share in the fee paid by you to the TPMM. Fees paid by you to the TPMM are
established and payable in accordance with the disclosure document provided by each TPMM to
whom you are referred, and these fees may or may not be negotiable. Such compensation may differ
depending upon the individual agreement we have with each TPMM.

If you are referred to TPMMs you will receive full disclosure, including services rendered and fee
schedules, at the time of the referral by delivery of a copy of the relevant TPMM's disclosure
document. In addition, if the investment program recommended to you is a wrap fee program, you will
also receive the Appendix 1 or equivalent wrap fee Brochure provided by the sponsor of the program.
 Our Firm or the TPMM will provide you with all appropriate disclosure statements.

If the advisory agreement is terminated and TPMM is compensated in advance, you will receive a pro
rata refund of any prepaid advisory fees.

Terminating Agreements and Fee Refunds

A client who is party to any service agreement executed may terminate the agreement by providing
thirty (30) days written notice to our Firm. You will incur a pro rata charge for services rendered prior
to the termination of the agreement. If you have pre-paid advisory fees that we have not yet earned,
you will receive a prorated refund of those fees.
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Item 7 Types of Clients
We primarily offer investment advisory services to individuals, high-net-worth individuals, pension,
profit sharing and 401(k) plans, trusts, estates, charitable organizations, corporations, and other
business entities.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size which, in our sole
opinion, is too small to manage effectively.