Eagle Ridge Investment Management LLC

Item 5: Fees and Compensation

Eagle Ridge is compensated through management fees that it charges directly to clients.
Our investment advisory fees, also referred to as management fees, are based on the
market value of the managed assets of a client’s account on the last day of the quarterly
billing cycle (typically a calendar quarter). The fee is calculated within Eagle Ridge’s portfolio
accounting system, after the account has been reconciled with the custodian statement.
Clients’ fees are generally billed quarterly in arrears; however, a number of clients pay fees
in advance of services rendered.

Clients have the option to pay these fees to Eagle Ridge or have the custodian debit their
account. If the fees are directly debited, Eagle Ridge submits an invoice for investment
advisory services to the client’s custodian. These activities are completed in a manner
consistent with Rule 206(4)-2 of the Advisor’s Act.

Eagle Ridge is also compensated for its assets under advisement, based on the market value
of the assets on a periodic basis.

Our standard fee schedule for investment advisory services is:

      1.0% per annum on the first $5 million of assets;
      0.8% per annum on the next $5 million of assets;
      0.6% per annum on the next $15 million of assets; and
      0.4% per annum on any assets over $25 million.

The fee for assets managed for any period of less than a full quarter are pro-rated
accordingly. If a client who pays fees in advance terminates the contract before the end of
the quarter, Eagle Ridge will issue a refund based on the number of days remaining in that
quarter. When a client has multiple accounts within a relationship with Eagle Ridge, the
assets in these accounts will be combined for purposes of calculating the management fee,
and the fee will be allocated across these accounts on a pro-rated basis, or as directed by
client. Fee schedules and minimums may be negotiable depending on client circumstances.
Other fees and expenses that clients may incur include brokerage commissions, custodian
fees, transaction costs, mutual fund and exchange traded fund expenses.

Prior to engaging Eagle Ridge, a client is required to enter into an investment management
agreement setting forth the terms and conditions under which the firm shall manage the
client's assets. Clients must also have a relationship with a qualified custodian. Both Eagle
Ridge’s Investment Management Agreement and the custodian’s custodial/clearing
agreement may authorize the custodian to debit the account for the amount of Eagle Ridge’s
investment management fee and to directly remit that management fee to us in accordance
with required SEC procedures. The Investment Management Agreement between Eagle

Eagle Ridge Investment Management, LLC              Page 5                             March 2024
Form ADV Brochure

Ridge Investment Management, LLC and the client will continue in effect until terminated by
either party by written notice.

None of Eagle Ridge Investment Management, LLC’s partners or supervised persons accepts
compensation for the sale of securities or other investment products, including distribution
or service fees from the sale of mutual funds.

Item 7: Types of Clients

Eagle Ridge Investment Management, LLC provides investment advice to individuals and
families, trusts, charitable organizations, pension plans, retirement accounts, corporations
and other investment advisors. Our preferred account size minimum is $1 million. However,
special circumstances such as family relationships may result in acceptance of smaller
accounts. Eagle Ridge also allows a lower account minimum of $100,000 for assets managed
through another advisor.