ELM3 Financial Group LLC

Item 5: Fees and Compensation
Investment Advisory Fees
The specific manner in which fees are charged by Elm3 is established in a client's written agreement. The
annual fee for investment advisory services is not negotiable and will be charged as a percentage of assets
under management according to the schedule below.

                                Assets Under Management         Annual Fee
                                $ 0 - $1,000,000                1.25%
                                $ 1,000,001 - $3,000,000        1.00%
                                $ 3,000,001 - $5,000,000        0.80%
                                $ 5,000,001 - and above         0.70%
Our fees are payable quarterly, in arrears using the gross value of the investment portfolio as of the last
business day of the prior quarter. Our clients authorize the account custodian to debit their client account
for the amount of our investment advisory fee. At the inception of the relationship and each quarter
thereafter, we will notify your custodian of the amount of the fee due and payable to us through our fee

schedule and contract. The custodian does not validate or check our fee, its calculation or the assets on
which the fee is based. They will "deduct" the fee from your account(s) or, if you have more than one
account from the account you have designated to pay our advisory fees.
Each month, you will receive a statement directly from your custodian showing all transactions, positions
and credits/debits into or from your account; the statements after the quarter end will reflect these
transactions, including the advisory fee paid by you to us.
Management fees shall be pro-rated for capital contributions made during the applicable calendar quarter
(with the exception of de minimis contributions). Accounts opened in mid-quarter will be assessed at a
pro-rated management fee.
With regards to employee related accounts and certain other accounts, the quarterly fees may be less, at
the sole discretion of Elm3 depending upon a number of factors, including portfolio size, length of
employment and relationship to the employee.
In the event of termination, any paid but unearned fees will be promptly refunded to the client, and any
fees due to Elm3 from the Client will be debited from an account or paid promptly.
Brokerage and Custodian Fees
In addition to the advisory fees paid to our firm, subscribers are also responsible for all transaction,
brokerage, and custodian fees incurred as part of their account management. All fees paid to Elm3 for
investment advisory services are separate and distinct from the fees and expenses charged by custodians
and mutual fund companies (described in each fund's prospectus). These fees can include a management
fee and other expenses. If the fund also imposes a sales charge, a client could pay an initial or deferred
sales charge. Fees paid to Elm3 are exclusive of all custodial and transaction costs paid to account
custodian, brokers or other third-party consultants and Elm3 shall not receive any portion of these
commissions, fees, and costs. The client should review all fees charged by mutual funds, the custodian,
Elm3 and others to fully understand the total amount of fees to be paid by the client.
Financial Planning Fees
Financial planning services are billed on a flat-fee or hourly basis. Fees will be quoted in advance and
range from $600to $5,000 depending on the scope and complexity of work. The quote will be based on
estimated time spent on the project which is calculated at a rate not to exceed $325 per hour depending
upon which professional is working on the project. If a client elects hourly billing, the rate will not exceed
$325 per hour. Elm3 will provide the Client with an estimate of fees prior to beginning any work. Should
additional time be required in order to complete the plan, the client shall be notified and made aware that
additional charges may apply. It is Elm3's policy to receive approval for planning fees prior to the initiation
of work. For one-time financial planning engagements, the fee will be due when the financial plan is
delivered to and presented to the client. For ongoing financial planning engagements, the initial fee will
be due when the financial plan is delivered to and presented to the client. The client will then be billed
either monthly for ongoing updates or will be billed once per year for updates throughout that year.
Financial plans are not required to be implemented through Elm3.
Financial Consulting (Stand-Alone) Fees
Stand-alone financial consulting services are billed on a flat-fee or hourly basis. Fees will be quoted in
advance and range from $600to $5,000 depending on the scope and nature of the consulting services
required. The quote will be based on estimated time spent on the project which is calculated at a rate not
to exceed $325 per hour depending upon which professional is working on the project. If a client elects
hourly billing, the rate will not exceed $325 per hour. Elm3 will provide the Client with an estimate of

fees prior to beginning any work. Should additional time be required, the client shall be notified and made
aware that additional charges may apply. Fees are due in advance of service. In the event you terminate
our services prior to the completion of the consulting project, you will be entitled to a refund of any prepaid
fees less time spent up to the point of termination. Elm3 may waive any or all fees related to consulting
services at our sole discretion.
Compensation for the Sale of Securities or Other Investment Products
Certain persons providing investment advice on behalf of our firm are licensed as independent insurance
agents. These persons can earn separate, yet customary commission compensation resulting from
implementing product transactions on behalf of advisory clients. Insurance commissions are separate and
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Item 7: Types of Clients
Elm3 generally provides portfolio management advice to individuals, families, businesses, trusts and
estates.
Generally, Elm3 does not impose any condition, such as a minimum account size, in connection with
providing advisory services.