Edge Financial Advisors LLC

Fees and Compensation

General Information about Fees

EFA renders investment management services on a fee basis. EFA charges an annual fee
based upon a percentage of the market value of the assets being managed by EFA (“base
fee”). EFA may also charge certain qualified clients a performance-based fee in accordance
with the requirements set forth in applicable laws, rules, and regulations. For more details
on performance-based fees, please see the section of this brochure entitled “Performance-
Based Fees and Side-By-Side Management” in Section 6 of this ADV Part2.

EFA’s annual fee is exclusive of, and in addition to brokerage commissions, transaction
fees, and other related costs and expenses which the client will incur. However, EFA does
not receive any portion of these commissions, fees, and costs.

Direct Management Fees

EFA’s fees are prorated and charged quarterly, in arrears or in advance, based upon the
market value of the assets on the last day of the current or previous quarter. The annual
fees are negotiable up to 2% per annum based upon the market value of the assets as
described above.

Independent Managers’ Fees

The investment management fees charged by the designated Independent Manager(s),
together with the fees charged by the wrap fee program sponsor and corresponding
designated broker-dealer/custodian of the client’s assets, may be exclusive of, and in
addition to, EFA’s investment advisory fee described above. As discussed above, the
client may incur additional fees beyond those charged by EFA, the designated Independent
Manager(s), wrap fee program sponsor (if applicable), and corresponding broker-dealer and
custodian.

If EFA refers a client to certain Independent Manager(s) where EFA’s compensation is
included in the advisory fee charged by such Independent Manager(s) and the client engages
those Independent Manager(s), EFA will be compensated for its services by receiving a fee
paid directly by the Independent Manager(s) in accordance with the requirements of Rule
206(4)-3 of the Investment Advisers Act of 1940, as amended, and any corresponding state
securities laws, rules, regulations, or requirements. Any such fee will be paid solely from
the Independent Manager(s) investment management fee or the program fee of the wrap fee

program (as appropriate) and will not result in any additional charge to the client.

Additionally, certain Independent Manager(s) may impose more restrictive account
requirements and varying billing practices than EFA. In such instances, EFA may alter its
corresponding account requirements and/or billing practices to accommodate those of the
Independent Manager(s) or wrap fee program sponsor.

Financial Planning Fees

EFA charges financial planning fees on a retainer basis, and billed at a rate of up to $1,200,
in advance until the termination of the relationship by either party. Flat fees for a plan of
up to $10,000, with the initial $5,000 paid in advance, are also available. All plans will be
produced within six months of payment. This fee is negotiable based upon several factors,
including but not limited to the nature and complexity of the Client’s circumstances and
whether the Client decides to implement the plan with us through asset management.
Lower rates for both asset management and financial planning are negotiable if a client
elects to receive both from us. Services shall be rendered within 6 months. We will aim to
provide services within the billing period, and we will not accept prepayment in excess of
$1,200, six months or more in advance of services rendered.

If the plan is implemented through us, we will receive the above asset management fees.
The asset management fee would be separate from, and in addition to, the financial
planning fee you pay. The fees and expenses you pay for the purchase of these products
may be more or less than the expenses you would pay should you decide to implement our
recommendations through another investment advisory firm or broker-dealer. As a result
of the additional compensation we may receive, an inherent conflict of interest may exist
between our interests and your interests since we may recommend our own services rather
than those of a similarly suitable investment adviser. This potential conflict is addressed in
our Code of Ethics and, as a fiduciary, we endeavor to place your best interest ahead of
our own.

Transaction Costs

Clients may incur certain charges imposed by the Financial Institution(s) and other third
parties such as fees charged by Independent Managers (as defined below), custodial fees,
charges imposed directly by a mutual fund or exchange traded fund on the account, which
are disclosed in the fund’s prospectus (e.g., fund management fees and other fund
expenses), deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions. Additionally, for assets outside of any wrap fee programs, clients may incur
brokerage commissions, ticket charges, and transaction fees. Such charges, fees and
commissions are exclusive of and in addition to EFA’s fee.

Debiting and Pro-rating of Fee

EFA’s Agreement and/or the separate agreement with the Financial Institution(s) may authorize
EFA through the Financial Institution(s) to debit the client’s account for the amount of EFA’s
fee and to directly remit that management fee to EFA in accordance with applicable
custody rules. The Financial Institution(s) recommended by EFA have agreed to send a
statement to the client, at least quarterly, indicating all amounts disbursed from the account
including the amount of management fees paid directly to EFA.

For the initial quarter of investment management services, the fees will be calculated on a
pro rata basis. The Agreement between EFA and the client will continue until terminated by
either party pursuant to the terms of the Agreement. EFA’s annual fee will be prorated
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Types of Clients

EFA generally provides investment management services to individuals, pension and
profit-sharing plans, trusts, estates, charitable organizations, corporations, and business
entities.

EFA generally imposes a minimum annual fee for providing investment management
services. The specific minimum will depend on the type of services EFA has been
engaged to provide, as further discussed above. These minimum fees may have the effect
of making EFA’s service impractical for clients with smaller portfolios. EFA, in its sole
discretion, may waive its minimum annual fee based upon certain criteria including
anticipated future earning capacity, anticipated future additional assets, dollar amount of
assets to be managed, related accounts, account composition, pre-existing client, account
retention, and pro bono activities.

            Methods of Analysis, Investment Strategies and Risk of Loss

Methods of Analysis, Sources of Information, and Investment Strategies
EFA uses a variety of security analysis methods including fundamental, technical, and
cyclical factors. EFA obtains information from financial newspapers and magazines,
research materials, annual reports, company filings and press releases. EFA primarily
implements the investment strategy through long- and short-term purchases, but at times
will also utilize trading (securities sold within 30 days). To a lesser extent, EFA may
conduct short sales, option trades, or invest on margin.

In addition, EFA advises on leveraged ETFs which are leveraged long and short funds that
are designed to enhance both the positive and negative returns of the market they are
linked to. Due to the leverage component of the ETFs, there may be additional risk to
such investments.

In addition, EFA may recommend that clients that are “accredited investors” as defined
under Rule 501 of the Securities Act of 1933, as amended, or “qualified purchasers” as
defined in Section 2(a) (51) of the Investment Company Act of 1940, invest in private
placement securities, which may include debt, equity, and/or pooled investment vehicles
when consistent with the client’s investment objectives. These private placement securities
involve a high degree of risk due primarily to the fact that the securities themselves are not
liquid and the securities in which the pool may invest are not liquid as well. These
securities should be purchased only by those who can bear the long-term illiquidity of the
investment as well as the possibility of the entire loss of their investment.

Please note that all investment programs have certain risks that are borne by the investor.
Our investment approach constantly keeps the risk of loss in mind. Investors face the
following investment risks:

   • Interest-rate Risk: Fluctuations in interest rates may cause investment prices to
     fluctuate. For example, when interest rates rise, yields on existing bonds become
     less attractive, causing their market values to decline.

   • Market Risk: The price of a security, bond, or mutual fund may drop in reaction to
     tangible and intangible events and conditions. This type of risk is caused by
     external factors independent of a security’s underlying circumstances. For example,
     political, economic, and social conditions may trigger market events.

   • Inflation Risk: When any type of inflation is present, a dollar today will not buy as
     much as a dollar next year, because purchasing power is eroding at the rate of
     inflation.

   • Currency Risk: Overseas investments are subject to fluctuations in the value of the
     dollar against the currency of the investment’s originating country. This is also
     referred to as exchange rate risk.

   • Reinvestment Risk: This is the risk that future proceeds from investments may have
     to be reinvested at a potentially lower rate of return (i.e., interest rate). This
     primarily relates to fixed income securities.

   • Business Risk: These risks are associated with a particular industry or a particular
     company within an industry. For example, oil-drilling companies depend on finding
     oil and then refining it, a lengthy process, before they can generate a profit. They
     carry a higher risk of profitability than an electric company, which generates its
     income from a steady stream of customers who buy electricity no matter what the
     economic environment is like.

   • Liquidity Risk: Liquidity is the ability to readily convert an investment into cash.
     Generally, assets are more liquid if many traders are interested in a standardized
     product. For example, Treasury Bills are highly liquid, while real estate properties
     are not. Other examples of illiquid securities include private placement securities,
     including hedge fund or pooled vehicle interests.

Different types of investments involve varying degrees of risk, and it should not be
assumed that future performance of any specific investment or investment strategy
(including the investments and/or investment strategies recommended or undertaken by
EFA) will be profitable or equal any specific performance level(s).

Please Note: Options Transactions

Although the intent of the options-related transactions that may be implemented by EFA
is to produce current income and/or to hedge against principal risk, certain of the options-
related strategies (i.e., straddles, short positions, etc.), may, in and of themselves, produce
principal volatility and/or risk. Thus, a client must be willing to accept these enhanced
volatility and principal risks associated with such strategies. In light of these enhanced
risks, client may direct EFA, in writing, not to employ any or all such strategies for
his/her/their/its accounts.

Please Note: Use of Margin

To the extent that a client authorizes the use of margin, and margin is thereafter employed
by EFA in the management of the client’s investment portfolio, the market value of the
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