First Financial Advisory Services Inc

5.0     FEES & COMPENSATION
FFAS receives compensation from its Clients in consideration for services provided based on one or more of the
following fee structures: fee-based (based on a percentage of the Client’s assets under FFAS management);
transaction-based commissions and 12b-1 fees; an hourly rate; or a fixed fee. We do not receive third party referral
fees for our investment advisory services. FFAS does not charge fees for educational seminars to attendees.

                               FIRST FINANCIAL
                                 ADVISORY SERVICES, INC.

                            SEC FORM ADV PART 2A – April 21, 2026

5.1.FEE-BASED PORTFOLIO MANAGEMENT SERVICES
FFAS receives a fee as compensation for investment advisory services (the “Advisory Fee”). The Advisory Fee is
calculated and assessed as agreed to by Advisor and Client and will depend on the service selected. For
portfolio management services, the Advisory Fee, including the method of calculating and manner of payment,
may be amended as provided in the Amendment section of the Investment Management Agreement.

Advisory Fees will be billed quarterly, in advance, based upon the agreed annual percentage rate. Fees will be
based on the fair market value of the assets in Client’s Accounts at close of business as of the last day of the
quarter. One-quarter of the annual rate is assessed each quarter. The quarterly fee is determined by
multiplying the fee-based account values as of the market close on March 31st, June 30th, September 30th, and
December 31st by the annual fee rate, and then calculating a quarterly amount based on the number of days in
the quarter. There is an example of this fee calculation in Item 5.

FFAS does not have discretion to select a broker-dealer for the client. FFAS recommends the client’s broker-
dealer, and the client signs an agreement directly with the custodian involved. FFAS does not have discretion to
decide commission rates, except that it sometimes voluntarily reduces any standard commission to be received
by a representative with respect to a client’s brokerage account. For example, the representative may elect to
receive only 80 percent of a standard commission for any client that has an advisory account.

For new Accounts, the amount of the initial Advisory Fee charged for the quarter in which the Agreement is
established will be based upon the initial value of the assets transferred or deposited into the Accounts, pro-
rated based upon the number of days remaining in the quarter and will be billed in the month following the
establishment of the Account. For any quarter in which any interim deposit or withdrawal in excess of $10,000
in a single transaction is made, the qualifying deposit or withdrawal will be billed or credited, respectively, on a
pro-rata basis based on the number of days remaining in the quarter. Adjustments for deposits or withdrawals
will occur in the month following the qualifying transaction.

Unless otherwise specified, the Advisory Fee shall be automatically deducted from Client’s Accounts by the
Custodian by the fifteenth (15th) day of each calendar quarter. However, upon request, the client can arrange
to pay fees with a personal check, or to have the payment come from another designated account.

The annual Advisory Fee charged by Advisor is 1.5% of the Account value(s) per year if the value of the
Account(s) is $500,000 or less. Reductions in the annual Advisory Fee to 1.25% and 1.0% are scheduled to
occur if a specific Account’s value exceeds $500,000 or $1,000,000, respectively. The annual Advisory Fee is
negotiable for an Account worth $2,000,000 or more.

Advisory fees for accounts whose value is less than $2,000,000 may also be negotiated based on factors such as
the amount of assets under management, the range of investment types, and the relative complexity of
financial circumstances, among others. Since this fee is negotiable, the exact fee to be paid will be clearly
stated (as a percentage of account assets) in the Investment Management Agreement between FFAS and
Client.

                              FIRST FINANCIAL
                                ADVISORY SERVICES, INC.

                           SEC FORM ADV PART 2A – April 21, 2026

Upon termination of the Investment Management Agreement, the Client shall be entitled to a pro-rata refund
of unearned fees for the quarter.

Transaction charges, handling fees, custodial fees, service charges, ticket charges, asset-based custodial fees,
and other similar charges incurred in connection with transactions for the Accounts or other services rendered
by a custodian are in addition to any fee-based Advisory Fee paid to FFAS and must be paid by the Client. Client
agrees to be responsible for all additional fees and charges for which Client becomes obligated under any
separate agreement with the Custodian. These charges are separate from FFAS quarterly fees, and FFAS does
not typically receive any portion of these costs.

Mutual funds and similar investment vehicles pay managers to manage the assets of the fund, and the
expenses of the fund, including said management fees, are deducted from all of the fund assets, are chargeable
against the net asset value of fund shares owned by Client, and are therefore borne separately by Client.

Rule 12b-1 shareholder servicing and/or distribution fees are fees charged by mutual fund sponsors or their
affiliates in connection with certain investments in mutual funds. The Client, like other shareholders of mutual
funds, will bear a proportionate share of such fund's advisory, administrative, and Rule 12b-1 fees, as well as
the account fees on account assets invested in these fund shares. FFAS’s Advisors sometimes receive portions
of 12b-1 fees, as discussed below. Unrelated parties may also receive Rule 12b-1 shareholder servicing and/or
distribution fees, as well as other marketing payments from mutual fund sponsors or their affiliates in
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7.0     TYPES OF CLIENTS
FFAS provides portfolio management services and financial planning services (or both) to individual investors and
families, some with a high net worth. We also provide services to small businesses, corporations and charitable
organizations.

The minimum account value needed to open a fee-based brokerage account and receive portfolio management
services from FFAS is $25,000 (this requirement may be waived at FFAS’ discretion). There is no minimum account
size required to open a commission-based account and receive portfolio management services from FFAS, nor does
FFAS impose any other minimum requirements to consider before offering an agreement to provide financial
planning services to a Client.

FFAS makes the portfolio management and financial planning services described in Section 4.0 available to all
Clients in a variety of combinations that fall under one of the following three categories:

   Category I:     Clients who have one or more fee-based accounts with FFAS in which the Advisor's
   compensation is based on a fixed percentage of the account assets rather than on the number of trades
   executed (as is generally the case in a non-fee-based account). These Clients may also have non-fee-based
   accounts under FFAS management.

                                   FIRST FINANCIAL
                                     ADVISORY SERVICES, INC.

                                SEC FORM ADV PART 2A – April 21, 2026

    Category II:     Clients who do not have a fee-based brokerage account with FFAS, but who do have one or
    more of the following investment structures with an FFAS Advisor in which the Advisor’s compensation is
    derived from trade commissions, 12b-1 fees, or trailing commissions on investment products: (a) a non-fee-
    based account, (b) a directly-held mutual fund account, (c) an annuity, and/or (d) an alternative investment
    (e.g., a non-traded real estate investment trust).

    Category III: Clients who do not have any accounts for which an FFAS Advisor is identified as the financial
    representative or agent of record, but who seek advisory and financial services from FFAS. Accordingly, FFAS
    does not have authority to initiate or complete trades, assist with cash flow, or report portfolio data for such
    accounts as may be held otherwise or elsewhere by the Client. FFAS typically charges a flat quarterly fee in
    advance to provide portfolio management and/or and financial services to these Clients on an ongoing basis.