DWD Portfolio Solutions Inc

Item 5. Fees and Compensation
Investment Management Services
Our annual fee for investment management services is based on a percentage of assets
under management. Our annual investment management fee is billed and payable
quarterly in advance, based on the portfolio value of on the last calendar day of the
preceding quarter. Inflows and outflows during the quarter will be prorated and charged
for the number of days the funds were in the account during the quarter. If the investment
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. Our advisory
fee is negotiable, depending on individual client circumstances. Each of our Investment
Adviser Representatives ("IARs") negotiates his or her own fee schedule, provided the
maximum advisory fee shall not exceed 1.25%. Specific fee terms and the calculation

methodology will be clearly set forth in your investment management agreement.

Our fees are calculated either on a tiered or incremental basis as set forth below. All
assets in each of your account(s) are included in the fee assessment unless
specifically identified in writing for exclusion.

Tiered Fee Schedule
 Assets Under Management                   Maximum Annual Fee*
 Up to $500,000                            1.25%
 $500,001 - $1,000,000                     1.00%
 $1,000,001 - $2,000,000                   0.80%
 $2,000,001 - $3,000,000                   0.70%
 $3,000,001 - $4,000,000                   0.60%
 Over $4,000,000                           Negotiable

*At our discretion, we may combine the account values of family members living in the same
household to determine the applicable advisory fee. For example, we may combine account
values for you and your minor children, joint accounts with your spouse, and other types of
related accounts. Combining account values may increase the asset total, which may result in
your paying a reduced advisory fee based on the available breakpoints in our tiered fee schedule
stated above.

Blended/Incremental Fee Schedule
 Assets Under Management                            Annual Rates
 First $500,000                                     1.25%
 Next $500,00                                       0.75%
 Next $1,000,000                                    0.50%
 Over $2,000,001                                    Negotiable

For certain legacy clients, asset-based advisory fees are calculated based on an incremental
pricing schedule. For example, an account valued at $1,000,000 would be charged under the
standard incremental pricing schedule set forth above (sample): First $500,000 in assets
charged at 1.25%; Next $500,000 in assets charged at 0.75% = $10,000 annualized fee (1.00%
annualized rate). This fee schedule is not available to new DWD clients.

Payment Terms
We will deduct our fee directly from your account through the qualified custodian holding your
funds and securities. We will deduct our advisory fee only when the following requirements
are met:

    • You provide our firm with written authorization permitting the fees to be paid directly
      from your account held by the qualified custodian.
    • The qualified custodian agrees to send you a statement, at least quarterly, indicating       8

       all amounts disbursed from your account including the amount of the advisory fee paid
       directly to our firm.

We encourage you to review the statement(s) you receive from the qualified custodian. If you
find the advisory fees charged are inconsistent with your advisory agreement, call our main
office number located on the cover page of this brochure.

You may terminate the Investment Advisory Agreement without fee or penalty by providing
written notice to DWD Portfolio Solutions within five (5) business days from the execution of
the agreement. Thereafter, either party may terminate the Investment Advisory Agreement by
providing written notice. Any fees collected in advance of services being performed will be
returned to you on a pro rata basis.

Financial Planning Services
We also offer Financial Planning services to clients that have not signed an investment advisory
agreement with us. The typical cost of these services is $200 per hour. This cost is negotiable
and depends on the scope and complexity of the plan, your situation, and your financial
objectives. We also offer advice on single subject financial planning/general consulting services
at the same hourly rate.
We will not require prepayment of a fee more than six months in advance and in excess of $500.

At our discretion, we may offset our financial planning fees to the extent you implement the
financial plan through our Portfolio Management Service.

Fixed Fees
You may enter into an Investment Advisory Agreement where the fee for services is determined
through negotiations and agreement between you and DWD Portfolio Solutions. Fixed fees are
not necessarily based upon the value of assets managed or time expended providing services.
Fixed fees are normally agreed to for one year, then renegotiated and agreed to for future
periods. If you are paying a fixed fee you may pay a fee higher or lower than one based upon
the value of assets managed. In the event a fixed fee engagement is terminated, unearned fees
will be returned to you on a pro rata basis.

Hourly Fees
We may perform services for you where the price of the service is based upon the amount of
time to complete the service times an hourly rate. The rate per hour depends upon the level of
complexity of the service and experience and expertise of the personnel used to do the work.
This negotiable rate would normally not exceed $200 per hour. The tasks and services to be
performed are described in an engagement letter that is signed by you and DWD Portfolio
...

Item 7. Types of Clients
DWD provides financial planning and portfolio management services to individuals, high net
worth individuals, pension plans and other corporations. We do not have a minimum account
size requirement but 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.