Financial Network Specialists LLC

Item 5: Fees and Compensation
Description
          FNS will manage assets for a client with the annual advisory fee being
          negotiated based on the client's particular needs. The annual negotiated fee
          will stay in effect until both parties agree to any change. The client has the
          choice of having this fee either debited from their account or FNS will provide
          an email invoice for services. FNS will, however, have a minimum of
          $2,000.00 for annual consulting and advisory services. Both parties prior to
          any work being done will agree upon this fee.

Fee Billing
           Investment management fees are billed quarterly, in advance, for clients
           choosing an email invoice instead of having their account debited. Payment in
           full is expected upon invoice presentation. Clients can choose to have their
           fees debited from their account. Fees are usually deducted from a designated
           client account to facilitate billing. The client must consent in advance to direct
           debiting of their investment account.

Other Fees
         FNS does not participate or collect any additional fees of any kind from the
         client or any other financial service company.

Expense Ratios
        Mutual funds generally charge a management fee for their services as
        investment managers. The management fee is called an expense ratio. For
        example, an expense ratio of 0.50 means that the mutual fund company
        charges 0.5% for their services. These fees are in addition to the fees paid
        by you to FNS.
          Performance figures quoted by mutual fund companies in various publications
          are after their fees have been deducted.

Past Due Accounts and Termination of Agreement
         FNS reserves the right to stop work on any account that is more than 45 days
         overdue. In addition, FNS reserves the right to terminate any financial
         services engagement where a client has willfully concealed or has refused to
         provide pertinent information about financial situations when necessary and
         appropriate, in FNS’ judgment, to providing proper financial advice. Any
         unused portion of fees collected in advance will be refunded within 30 days.

          Financial Network Specialists

Item 7: Types of Clients
Description
          FNS generally provides investment advice to individuals, pension and profit
          sharing plans, trusts, estates, corporations or business entities.
          Client relationships vary in scope and length of service.

Account Minimums
         FNS does not have a minimum account size. However, the minimum annual
         fee of $2,000.00 must be value added to both parties and communicated to
         client before any working arrangement is accepted.