Five Seasons Financial Planning LLC

Item 5 - Fees and Compensation
   Description

       Wealth Management
       As discussed in the “Types of Advisory Services” section above, financial
       planning services (e.g. retirement planning and projections, tax minimization
       strategies, insurance needs analyses and reviews, advice on debt
       management and education funding, etc.), as needed or requested by the
       client, are included in Wealth Management fees.
       The vast majority of Wealth Management client accounts are held by our
       recommended/preferred independent custodian, Charles Schwab, and these
       will be referred to below as “custodial” accounts. By necessity or choice,
       however, some retirement plan accounts, annuities, and cash value life
       insurance policies under our management may be custodied elsewhere, and
       these will be referred to as “held-away” accounts or “client-directed” custodial
       arrangements.

       “Custodial” Accounts Under Our Management – Custodial accounts under
       our management will be listed in the client’s initial Investment Policy
       Statement. For clients with custodial accounts under our management, the
       client will be required to provide a written authorization (included as part of
       Charles Schwab’s account applications) permitting our fees to be paid directly
       from the client’s account(s). Client fees will be billed in arrears, meaning that
       Five Seasons will invoice the client after the three-month billing period has
       ended, and fees will be based on the amount of client assets under our
       management at the end of every quarter. At this time, Five Seasons will send
       a statement to the client showing the amount of the fee, the amount of client
       assets on which the fee was based and the method by which the fee was
       calculated. It will be the client’s responsibility to check the accuracy of the fee
       calculation; the custodian will not determine whether the fee is properly
       calculated. The resulting amount disbursed from the client’s account(s) will
       be included in the periodic account statements sent from the custodian to the
       client.

                            Five Seasons Financial Planning

Five Seasons Financial Planning applies the following fee schedule for
Wealth Management custodial accounts. This is a “blended” fee schedule.
This means that the assets in a client’s account will be billed at different levels
according to the fee following fee:
                                                            Quarterly Equivalent
Assets Under Management                  Annual                    of Annual
     At End of Quarter                Advisory Fee*              Advisory Fee

For the First $250,000                     1.00%                     0.25%

For the Next $250,000                      0.90%                     0.225%

For the Next $500,000                      0.80%                      0.20%

For the Next $1,000,000                    0.70%                     0.175%

For the Next $3,000,000                    0.60%                      0.15%

For Amounts Above $5,000,000               0.50%                     0.125%
                                              *Billed quarterly.

In addition to the fees illustrated in the schedule above, Five Seasons will
charge the client a 0.5% annual advisory fee (0.125% quarterly) for managing
any custodial account balances allocated to individual equity securities (as
differentiated from equity mutual funds).

This creates a conflict of interest in that there is an economic incentive for
Five Seasons to recommend individual equity security strategies because we
charge a higher fee. Five Seasons has taken steps to manage its conflict of
interest arising from its use of different fee rates/schedules whereby the
decision as to whether or not individual equity securities will be a part of a
given client’s account(s) under management will be made by mutual
agreement between Five Seasons and the client during the development of
the Investment Policy Statement (for more information on the IPS, please
refer to the description of Wealth Management services under the “Types of
Advisory Services” heading above). Only a small minority of Wealth
Management custodial accounts contain individual equity securities. Five
Seasons will only recommend the change of asset classes or investment
products when in the best interest of the client and without regard to the
financial interest of Five Seasons.

Any custodial client account balances that are allocated to cash and cash
equivalents (e.g. Money Market funds), solely to meet the client's short-term
financial obligations and/or the client's need for income (as described in the
Investment Policy Statement), will not be subject to fees. In addition, the first

                     Five Seasons Financial Planning

quarterly Wealth Management fee will be prorated according to the actual
number of days any client accounts are being managed by Five Seasons.

“Held-Away” Accounts Under Our Management – “Held-away” accounts
under our management will also be listed in the client’s initial Investment
Policy Statement. Some “held-away” custodians offer clients the ability to
allow their financial advisors to withdraw advisory fees directly from these
“held-away” accounts under our management. Clients without any Custodial
Accounts under our management may take advantage of this facility to pay
our fees if it is available. In this case, the client must consent in advance to
direct debiting of their investment account(s).

As with Custodial Accounts, client fees will be billed in arrears, meaning that
Five Seasons will invoice the client after the three-month billing period has
ended, and fees will be based on the amount of client assets under our
management at the end of every quarter. At this time, Five Seasons will send
...

Item 7 - Types of Clients
   Description
      Five Seasons Financial Planning generally provides investment advice to
      individuals, families, and trusts. Advice may extend to entities related to the
      client such as small businesses and charitable organizations, including
      foundations and endowments. Client relationships vary in scope and length
      of service.

   Account Minimums
      Wealth Management
       In offering Wealth Management services, Five Seasons Financial Planning
       generally requires a minimum initial dollar value of client investment assets
       under management of $500,000. However, this condition may be waived if
       the client's financial circumstances indicate that that level will be attained in
       the near future. Other exceptions may apply to relatives of firm principals, or
       to relatives of existing clients, or to referrals from existing clients.
       Furthermore, if Five Seasons is being engaged to create and supervise a
       portfolio of individual equity or fixed-income securities (as opposed to mutual
       funds, exchange-traded funds, and closed-end funds), we may require a
       higher minimum account size in order to generate an adequate degree of
       diversification without incurring excessive transaction costs. In this case, the
       minimum asset level will be dependent on the proposed types of investments
       (e.g. individual stocks and fixed-income securities versus mutual and
       exchange-traded funds) and on the diversity and quantity of client assets not
       under our management.