Easley Investment Consultants Inc

Item 5 – Fees and Compensation

A     Fees for Portfolio Management. As described above, EIC’s portfolio management services
      are subject to a Wrap Fee arrangement. Please see our Wrap Brochure for full details
      regarding our Wrap Fees.

EASLEY INVESTMENT CONSULTANTS INC.                       FORM ADV PART 2A – FIRM BROCHURE

      Fees for Financial Planning Services. We typically charge hourly fees at a maximum rate
      of $300 per hour for financial planning and consulting services. Our hourly fee rate is
      negotiable and the specific rate applicable to your engagement will be determined prior to
      the commencement of services based on our expectation of the complexity, time, research,
      and resources required to provide services to you, and other factors we deem relevant. For
      annual retainer financial planning engagements, our hourly fees are invoiced to the client
      either monthly or quarterly and are payable to us within thirty (30) days of invoicing. For
      one-time financial planning and consulting engagements, hourly fees are invoiced to the
      client monthly and are payable to us within thirty (30) days of invoicing. Full payment of
      any unpaid fees is due upon delivery of the written financial plan, report, or checklist to
      the client.

      Fees for Pension Consulting Services. Where our pension consulting services include non-
      discretionary portfolio management services, we charge Wrap Fees as set forth in our
      separate Wrap Brochure. Please see our Wrap Brochure for full details.

      For any non-fiduciary pension consulting services (e.g., existing plan review, formulation
      of the investment policy statement, performance monitoring, education services, etc.) we
      typically charge hourly fees at a maximum rate of $300 per hour. These fees may be
      invoiced to the client and paid either quarterly or monthly, in arrears or in advance, as may
      be agreed with the client in our written advisory agreement. The specific hourly fee
      structure and rate applicable to the client’s account will vary based upon the nature of the
      pension consulting services selected, complexity of the engagement, and our expectation
      of the time and resources necessary to provide services to the client, among other factors.

B     Direct Deduction of Fees; Account Statements. Our Wrap Fees are directly deducted from
      your account held at the Custodian upon your written approval of such arrangement and
      our periodic submission to the Custodian of a written invoice reflecting the amount of
      advisory fees to be charged to your account. Your authorization for direct fee deduction is
      set forth in our written advisory agreement and/or the account opening documents with the
      Custodian. We will liquidate money market shares or use cash balances from your account
      to pay our Wrap Fee, however, if money market shares or cash value are not available other
      investments may be liquidated. Please note that unexpected or premature liquidation of
      investments to pay our advisory fees may impair the performance of your account. We do
      not offer direct paper or electronic invoicing of our Wrap Fees.

      The Custodian will send an account statement to you typically monthly, but no less than
      quarterly, identifying the amount of funds and each security in your account at the end of
      the period and setting forth all transactions in your account during the period, including the
      amount of any fees paid directly to us. We encourage you to review our invoices and the
      Custodian’s account statements carefully and promptly upon receipt. If you believe we
      have miscalculated our fees or if there is any other issue with your account, you should
      contact us immediately at the phone number listed on the cover page of this firm brochure.

EASLEY INVESTMENT CONSULTANTS INC.                       FORM ADV PART 2A – FIRM BROCHURE

      Fees for financial planning and consulting services and for non-fiduciary pension
      consulting services are directly invoiced in paper or electronic form to the client as
      described above.

C     Additional Fees and Expenses Associated with Portfolio Management Services. Our Wrap
      Fee covers the combined the costs of EIC’s advisory services, trade execution, custody,
      and certain other standard brokerage services and costs generated in connection with our
      management of your account. Most portfolio management client accounts are expected
      (but not required) to engage the custodial and brokerage services of our recommended
      Custodian, Schwab. Where you select Schwab as your Custodian, you are advised that our
      Wrap Fee does not cover fees charged by other brokers for execution of trades that settle
      into the client’s Schwab account (i.e., “trade-away” fees), markups, markdowns, bid-ask
      spreads, and selling concessions, custody charges for non-publicly traded securities,
      margin interest charges (if applicable), electronic funds and wire transfer fees, transfer
      taxes, odd-lot differentials, and other similar fees and charges, which shall be paid
      separately by the client. If you elect to use a Custodian other than Schwab, there may be
      material differences in the specific brokerage costs and charges that are covered within our
      Wrap Fee.

      As part of our portfolio management services, we may invest your account in mutual funds
      and/or ETFs. The Wrap Fee that you pay to our firm is separate and distinct from the
      internal management fees and other expenses that may be charged by mutual funds and/or
      ETFs to their shareholders, for which you will be separately responsible.

      Additional Fees and Expenses Associated with Financial Planning and Consulting Services
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Item 7 – Types of Clients

We typically provide investment advice to individuals, high net worth individuals, pension and
profit sharing plans and their participants, trusts, partnerships, corporations, and other business
entities. Because each client is unique, they must be willing to be involved in the planning and
ongoing processes of our management of their account. Such involvement does not have to be time
consuming, however we want our clients to remain informed and have a sense of security about
their investments.

We do not require any minimum account size to engage our services.