Financial Service Group Inc

Item 5 - Fees and Compensation
Fees paid to FSG are for FSG advisory services only. In addition to FSG’s fees, account
custodians and investment companies may charge their own management and
distribution fees and transaction expenses. See Item 12 for information about custodian
relationships. Occasionally, Third Party Service Providers (example: attorneys, realtors,
or insurance agents) are used to assist with the implementation of recommendations.
The expenses for these services are separate from fees charged by FSG.
Thirty (30) days advance written notice will be provided to client prior to any change in
applicable fees by FSG. Clients will receive a statement with a calculation showing how
FSG arrived at the fee prior to fees being deducted. Clients have the ability to select
whether fees will be deducted from their assets or billed directly. Fees are payable
calendar-quarterly, after services are provided.
The fee for the first quarter shall be prorated from the date the contract is signed to the
end of the first quarter. If this Agreement terminates, fees will be billed through the end
of the quarter billing period to cover the cost of transferring accounts and addressing
outstanding items.
                               Relationship Service Fees
The annual Relationship Fee is based on the following formula:
$1,800 + 0.60% of Net Worth up to $2.5 million (0.30% on amounts over $2.5 million)
+ 1% of AGI

    A. Net Worth equals Assets minus Liabilities

        (i) Assets include all non-personal property such as investments, retirement
            accounts, cash accounts, real estate, majority-owned businesses, etc.

       (ii) Liabilities include all debts such as mortgages, student loans, consumer debt,
            etc.

    B. Adjusted Gross Income (AGI) equals the amount reported on the most recent
       income tax return
The fee is fixed for at least 24 months and billed in quarterly installments. It will then be
recalculated based on the above components. (For relationships established prior to
4/1/2022, the maximum increase is 15% every 24 months).
The minimum annual fee is $6,000 (or $4,800 for relationships established prior to
4/1/2022). The fee is negotiable at the discretion of FSG.
                             Foundations Program Service Fees
The Foundations Program Fee is based on the same formula as the Relationship Fee
above but may be billed as a monthly installment. It is recalculated every 24 months
without the maximum increase of 15% limitation. The minimum monthly fee is $200.
This service is only available to clients in the accumulation phase at the discretion of
FSG.
                               Elder Life Planning Service Fees
The Elder Life Planning Service Fees are billed at an hourly rate of $250 or at a day rate
of $2,000 depending on the specific needs of the participating client or client family
member. These fees are separate from the Relationship Service Fees and require a
separate written agreement.
                              Limited Relationship Service Fees
The annual fee for the Limited Relationship is $1,500. An additional fee of 1.00% will be
charged for portfolios greater than $150,000. Additional fees for more than one meeting
per year and tax preparation services may also apply. The fee for tax preparation ranges
from $100-$150. This service model is for legacy clients only and is not available to new
clients.

Item 7 - Types of Clients/Minimum Account Size
FSG makes its' advisory services available to a wide variety of clients including, but not
limited to, individuals, pension and profit sharing plans, trusts, estates, charitable
organizations, corporations and other business entities.
FSG does not impose a minimum dollar value of assets or other conditions for starting or
maintaining an account. FSG does impose a minimum annual fee for Relationship Fee
Services of $6,000. The minimum monthly fee for the Foundations Program is $200.