Element Squared LLC

Item 5: Fees and Compensation
 Method of Compensation and Fee Schedule
 ASSET MANAGEMENT
 Element Squared offers discretionary direct asset management services to advisory Clients.
 Element Squared charges an annual investment advisory fee based on the total assets under
 management as follows:

            Assets Under Management               Annual Fee                 Quarterly Fee
                 $0 to $499, 999                     1.7%                       .425%
              $500,000 to $999,999                   1.5%                       .375%
            $1,000,000 to $2,499,999                1.25%                       .313%
              $2,500,000 and above                   1.0%                       .250%
 This is a tiered or breakpoint fee schedule, the entire portfolio is charged the same asset
 management fee. For example, a Client with $750,000 under management would pay $11,250 on
 an annual basis. $750,000 x 1.5% = $11,250.
 The annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of
 assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts
 of assets to be managed, related accounts, account composition, negotiations with Clients, etc.).
 Fees are billed quarterly in advance based on the amount of assets managed as of the close of
 business on the last business day of the previous quarter. Lower fees for comparable services
 may be available from other sources. Clients may terminate their account within five (5)
 business days of signing the Investment Advisory Agreement with no obligation and without
 penalty. After the initial five (5) business days, the agreement may be terminated by Element
 Squared with thirty (30) days written notice to Client and by the Client at any time with written
 notice to Element Squared.
 For accounts opened mid-billing period, fees will be prorated based on the days services are
 provided during the given period. All unearned fees will be refunded to the Client for accounts
 closed mid billing period.
 Client shall be given thirty (30) days prior written notice of any increase in fees. Any increase in
 fees will be acknowledged in writing by both parties before any increase in said fees occurs.
 Client Payment of Fees
 Fees for asset management services are deducted from a designated Client account to facilitate
 billing. The Client must consent in advance to direct debiting of their investment
 Account. Additionally, the Firm must have a reasonable basis, after due inquiry, for believing that
 the qualified custodian sends custodial statements to the client, which include the client’s
 transactions and holdings, on at least a quarterly basis.
 Additional Client Fees Charged
 Custodians may charge brokerage commissions, transaction fees, and other related costs on
 the purchases or sales of mutual funds, equities, bonds, options, and exchange-traded

  funds. Mutual funds, money market funds, and exchange-traded funds also charge internal
  management fees, which are disclosed in the fund’s prospectus. Element Squared does not
  receive any compensation from these fees. All of these fees are in addition to the management
  fee you pay to Element Squared. For more details on the brokerage practices,
  see Item 12 of this brochure.
  Prepayment of Client Fees
  Element Squared does not require any prepayment of fees of more than $1,200 per Client
  and six months or more in advance.
  If the Client cancels after five (5) business days, any unearned fees will be refunded to the
  Client, or any unpaid earned fees will be due to Element Squared.
  External Compensation for the Sale of Securities to Clients
  Our firm does not charge or receive a commission or a mark-up on securities transactions, nor
  will the firm or an associate be paid a commission on the purchase of a securities
  holding that is recommended to a client. We do not receive “trails” or SEC Rule 12b-1 fees
  from an investment company that may be recommended to a client. Fees charged by such
  issuers are detailed in prospectuses or product descriptions and interested our clients are
  encouraged to read these documents before investing. Our firm and its associates receive
  none of these described or similar fees or charges. Our clients retain the right to purchase
  recommended or similar investments through a provider of their choice (i.e., broker, agent,
  etc.).
  When there is the potential for the receipt of a commission and other similar compensation via
  an insurance product transaction (e.g., fixed annuity, life or disability insurance policy, long-term
  care coverage, etc.) through an associate of our firm when serving as an insurance agent,
  the associate has an incentive to make such a recommendation based on the compensation they
  receive rather than a client’s needs. Our advisory firm and its associates take their
  responsibilities seriously and intend to recommend investments, insurance, or advisory
  services we believe appropriate for each client. Please refer to Item 10 of this firm brochure, in
  addition to Item 4 of an associate’s brochure supplement for details.

Item 7: Types of Clients
  Description
  Element Squared generally provides investment advice to individuals and high net worth
  individuals. Client relationships vary in scope and length of service.

  Account Minimums
  Element Squared typically requires a minimum of $50,000 to open an account. In certain
  instances, the minimum account size may be lowered or waived.