Duncan & Haley Ltd

Item 5 – Fees and Compensation

All fees are subject to negotiation.

The specific manner in which fees are charged by Duncan & Haley, Ltd. is established in the
Client’s written agreement with Duncan & Haley, Ltd. Duncan & Haley, Ltd. will generally bill
fees on a monthly basis, in arrears and directly to the Client.

Service and Fee summary:

Institutional:

401(k) and Defined Benefit cost/performance/service benchmarking study fees range from
$1,000 to $100,000. The type and complexity of the plan, the size of the plan, the depth of
review, and the number of providers reviewed will determine the fee within the stated range.

Ongoing retirement plan review and participant education fees range from $2,500 to $200,000.
At a minimum, Clients will receive no less than annual reviews and participant education
meetings. At a maximum, Clients will receive quarterly reviews (four per year) and monthly
participant education meetings (twelve per year). The frequency of reviews desired, the number
of participant education meetings, the number of employees and turnover ratio, and the size of
the plan will, in aggregate, determine the fee within the stated range.

Private Client:

Private Client services will be charged fixed fees ranging from $1,000 to $20,000, and asset
based fees ranging from .15% to 1.00%, depending on assets under management. At a
minimum, Clients will receive a one-time, base financial plan, encompassing the areas of
retirement and education planning. At a maximum, Client's will receive a base financial plan that
will include, but not be limited to, retirement, education, business succession and estate
planning, with ongoing updates and reviews as frequently as quarterly. The depth and
complexity of the financial plan, the frequency of update and review, and the volume of assets
under management will determine the fee within the stated range.

We may also be engaged on an hourly consulting basis at a rate of $300 per hour.

As described within Item-4 Duncan & Haley, Ltd. also operates an insurance practice. This
poses a conflict of interest in that it could give the Advisors of Duncan & Haley, Ltd. incentive to
provide recommendations based on compensation received, rather than Client needs. Duncan &
Haley, Ltd. is committed to always act in the Client’s best interest. Any compensation of this
nature is always fully disclosed, in advance, and, by policy, is not to influence Client
recommendations.

Clients have the option to purchase investment or insurance products that we recommend
through our fee-based advisory services at other brokers or agents that are not affiliated with
Duncan & Haley, Ltd.

Item 7 – Types of Clients

Duncan & Haley, Ltd. provides investment management, consulting and planning services to
individuals, corporate pension and profit-sharing plans, charitable institutions, foundations,
endowments, and trusts.