DT Investment Partners LLC

ITEM 5 - FEES AND COMPENSATION

DTIP’s fee for its discretionary and non-discretionary investment management services, which
include comprehensive financial planning, is generally based on a percentage of assets under
management. The advisory fee is up to a maximum of 1.45% of assets under management. Fees
may be negotiated based on factors deemed relevant by us, including the value of assets placed
with us.

The fees charged are calculated as described above and are not charged on the basis of a share of
capital gains upon, or capital appreciation of, the funds, or any portion of the funds of an
advisory client (15 U.S.C. 80b‑5(a)(1)). Fees for accounts managed through a sub-advisory
relationship or a wrap platform may differ from DTIP’s standard fee practices and are negotiated
directly with the applicable advisor or third party.

As a general matter, fees are charged on a pro‑rata basis quarterly in advance and are based on
the closing market value of the account including cash, cash equivalents, and any accrued
income on the last business day of the calendar quarter. Advisor generally receives client
permission to have fees deducted automatically from the qualified custodian account. Clients
will receive a quarterly statement from the qualified custodian reflecting the deduction of the
advisory fee.

While it is the general policy of DTIP to charge fees in accordance with the practices noted
above, advisory fees are subject to negotiation and may vary to reflect circumstances specific to
a client relationship. For example, fees may differ due to long-standing relationships, anticipated
additions to assets under management, employee-related accounts, changing market conditions,
or other considerations.

         Fees for certain independent investment consulting services are negotiated but paid as a
flat fixed fee. The minimum fee for a one-time assessment is $5,000 but the fee may be higher
based upon the total assets of the client. The Firm negotiates fees with clients who elect a
recurring consulting relationship and the fee may also include active management of a portion of
the consulting assets.

        In the event the client provides notice of termination to the Advisor, the Advisor will
prorate fees earned through the termination date and promptly refund any unearned fees to the
Client.

Additional Information Concerning Fees
        Advice offered by Advisor will likely involve investments in stocks, bonds, Exchange
Traded Funds (ETFs), Master Limited Partnerships (“MLPS”), hedge funds, and mutual funds.
Clients are hereby advised that all fees paid to Advisor for investment advisory services are
separate and distinct from the fees and expenses charged by ETF’s, hedge funds and mutual
funds (described in each fund prospectus) to their shareholders. These fees will include, but are
not limited to, a management fee, upfront sales charges and other fund expenses.

Further, there will likely be transaction charges involved with purchasing or selling of securities.
Client will incur and Advisor does not share in any portion of the additional brokerage
fees/transaction charges or custody fees imposed by the custodian holding the client funds or
securities. The client should review all fees charged by money market funds, Advisor and others
to fully understand the total amount of fees to be paid by the client.

        A client could invest in a mutual fund or ETFs directly without the services of the
Advisor. In that case, the client would not receive the services provided by Advisor which are
designed, among other things, to assist the client in determining which mutual funds or ETFs are
most appropriate to the client’s financial condition, goals and objectives. Accordingly, the clients
should review both the fees charged by mutual funds or ETFs and the fees charged by Advisor to
fully understand the total amount of fees to be paid by the clients and to thereby evaluate the
advisory services that are provided. Further information regarding brokerage can be found in

ITEM 7 - TYPES OF CLIENTS

        DTIP provides investment advice to individuals, pension and profits sharing plans, trusts,
estates or charitable organizations, municipalities, corporations and clients of introducing
financial consultants, institutions or broker-dealers (“Sponsors”). In accounts introduced to
DTIP by a Sponsor, the client enters into agreements directly with both DTIP and the Sponsor, or
enters into an agreement solely with Sponsor or another entity that has an agreement with the
Sponsor.

DTIP currently does not require a minimum investment size to open and maintain an advisory
account; however, DTIP has the right to terminate the client’s account if it falls below a
minimum size which, in its sole opinion, is too small to manage effectively.