ELE Advisory Services Inc

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees

       Mutual Funds & Non-Individual Portfolios:

   Total Assets Under Management                          Annual Fee

          Up to $100,000,000            Up to 3% & Determined at Engagement

        $100,000,001 and Over           Up to 2% & Determined at Engagement

       Stock Portfolios:

    Total Assets Under Management                         Annual Fee

          Up to $100,000,000            Up to 3% & Determined at Engagement

        $100,000,001 and Over           Up to 2% & Determined at Engagement

Clients will not be charged in excess of 3% of assets under management annually,
including any fees paid to a third-party money manager.

EAS will not be compensated on the basis of a share of capital gains upon or capital
appreciation of the funds or any portion of the funds of the client. These fees are negotiable
and the final fee schedule is attached as Exhibit II of the Investment Advisory Contract.
Lower fees for comparable services may be available from other sources. EAS assesses
clients a one-time implementation fee of $365 to open an account; this fee is negotiable.
EAS uses the last day of previous billing period for purposes of determining the market
value of the assets upon which the advisory fee is based. Fees are paid quarterly in advance
but allows for alternate billing by client request, and clients may terminate their contracts
with seven days’ written notice. Fees that are collected in advance will be refunded based
on the prorated amount of work completed up to the day of termination within the month
terminated. The fee refunded will be the balance of the fees collected in advance minus
the daily rate* times the number of days in the month up to and including the day of
termination. (*The daily rate is calculated by dividing the monthly AUM fee by the
number of days in the termination month). Fees will be returned within fourteen days to
the client via check or fee reversal requested though the custodian. Clients may terminate
their contracts without penalty, for full refund, within 5 business days of signing the
advisory contract. Advisory fees are withdrawn directly from the client’s accounts with
client written authorization.

Financial Planning Fees (Plans and Consultations)
Fixed Fees

Depending upon the complexity of the situation and the needs of the client, the rate for
creating client financial plans is $250 and higher. Fees are paid in advance by retainer, but
never more than $500 or six months in advance, with the remainder due upon presentation
of the plan. The fees are negotiable, and clients may terminate their contracts without penalty
within five business days of signing the agreement,

Hourly Fees
Depending upon the complexity of the situation and the needs of the client, the hourly fee for
these services is between $150 and $250. A retainer of equal to ½ of the negotiated fee is due
at the onset of the agreement with the balance being due at completion of services. Payment
for any unbilled portion is due upon notice of termination. The fees are negotiable, and clients
may terminate their contracts without penalty within five business days of signing the
agreement.

Selection of Other Advisers Fees
EAS may direct clients to third-party investment advisers. EAS will be compensated via a fee
share from the advisers to which it directs those clients. The fees shared are negotiable and
will not exceed any limit imposed by any regulatory agency. The notice of termination
requirement and payment of fees for third-party investment advisers will depend on the
specific third-party adviser selected.

Retirement Planning Seminar Fees

EAS also offers free monthly seminars related to retirement planning.

 B. Payment of Fees

Payment of Investment Supervisory Fees
A one-time implementation fee of $365 to open an account is paid at the time of execution of
the Investment Advisory Services Contract. This fee is negotiable and can be paid via check,
credit card, or the client may choose to have the implementation fee withdrawn directly from
the client’s account with client written authorization.

Fees are paid monthly or quarterly in advance, and clients may terminate their contracts with
seven days’ written notice. Fees that are collected in advance will be refunded based on the
prorated amount of work completed up to the day of termination within the month
terminated. The fee refunded will be the balance of the fees collected in advance minus the
daily rate* times the number of days in the month up to and including the day of termination.
(*The daily rate is calculated by dividing the monthly AUM fee by the number of days in the
termination month). Fees will be returned within fourteen days to the client via check or fee

reversal requested though the custodian. Advisory fees may also be invoiced and billed
directly to the client with payments due when services are rendered. Clients may select the
method in which they are billed.

Payment of Financial Planning Fees
Fixed Financial Planning fees are paid via check, credit card, or the client may choose to have
financial planning fees withdrawn directly from the client’s account with client written
authorization. Fees that are charged in advance will be refunded based on the prorated
amount of work completed at the point of termination.

Hourly Financial Planning fees are paid via check, credit card, or the client may choose to
have financial planning fees withdrawn directly from the client’s account with client written
authorization. The fee refunded for fees charged in advance will be the balance of the fees
collected in advance minus the hourly rate times the number of hours of work that has been
completed up to and including the day of termination.

Payment of Consultation Services Fees
Consultation Services fees are paid via check, credit card, or the client may choose to have
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Item 7: Types of Clients
EAS generally provides investment advice and/or management supervisory services to the
following Types of Clients:

           ❖   Individuals
           ❖   High-Net-Worth Individuals
           ❖   Business Owners
           ❖   Charitable Organizations

       Minimum Account Size

       There is no account minimum.