Focus Partners Advisor Solutions LLC

Item 5 – Fees and Compensation

Turnkey Asset Management Services & Sub-Advisory Services

For certain client engagements, the fees charged by FAS for its comprehensive turnkey asset management
services are negotiated by the client’s investment advisor based on the total assets of the investment advisor’s
client accounts using FAS's services and paid to FAS directly by the advisor and the client is not charged a fee
from FAS.

Additional fees to the investment advisor may be charged on accounts of its clients that are held with a
custodian for which FAS cannot download account information electronically or otherwise requires manual data
entry. FAS also reserves the right to charge differently on accounts with circumstances requiring unusual
servicing efforts. Fees shall apply to accrued interest. Generally, fees shall apply to cash balances unless
negotiated or agreed upon otherwise.

In other situations, FAS will contract directly with the advisor and client to be paid directly by the client for
services described above with the current standard fee schedule as follows:

  Asset Level                                                         Maximum Annual Rate (paid quarterly)
  For the first amount from $0 to $500,000.00                                        0.65%

  For the next amount from $500,000.01 to $1,000,000.00                                0.35%
  For the next amount from $1,000,000.01 to $5,000,000.00                              0.25%
  For any amount above $5,000,000.00                                                   0.20%

Specific procedures related to fee calculation and deduction are communicated during the on-boarding process
and are detailed in each client and advisor agreement prior to execution. Fees shown above are the highest
levels charged by FAS as of the date of the ADV for its standard services and can be negotiated. Higher fees
may be charged when there is client request for additional service above our standard service offering.

For accounts where FAS has been engaged to provide these additional services, additional fees will apply.
Costs are negotiated on a case by case basis under separate agreement with advisor and/or client.

The fees charged by FAS do not include the advisory fees charged by independent investment advisors to
their clients. These advisory fees are disclosed in each independent investment advisor’s disclosure document.

The investment advisor, and in certain cases the client, will provide FAS with authority to directly debit fees.
Fees are billed in advance or arrears as determined under the contract between the parties.

For accounts billed in advance, fees are billed at the beginning of each calendar quarter, based upon the
market value of the investment advisor’s clients’ accounts at the end of the previous quarter. For accounts
billed in arrears, quarterly fees are based upon the average daily account balance during the most recent
calendar quarter or, in certain circumstances, based upon quarter end market value. If a client’s agreement is
terminated before the end of the billing period for a client who is billed in advance, then, upon notice of such
termination by the advisor, FAS will calculate the refund based on the billing cycle. Refunds are generally
issued in the same way fees were collected.

Fees charged are based on market value of the client’s assets under management which may include cash,
accrued interest, accrued dividends, securities purchased on margin, mutual funds, other securities, alternative
investments, private investments, and other investments and monies under management. The specifics of the
calculations are detailed in the contract executed between the parties. Margin accounts are charged based on
the equity value (excluding margin).

For certain clients, independent investment advisors will choose to include held away accounts mentioned
above in item 4 for billing and portfolio trading. Fees are typically based on the assets within these held away
accounts and are charged according to the valuation of the accounts at the close of the quarter as valued by
the account custodian. To facilitate this, FAS offers Pontera (formerly FeeX) as the technology solution used to
allow FAS to bring in data to bill and trade on behalf of independent investment advisor. For this service, FAS
will charge independent investment advisors an administrative fee. The final decision of whether to charge on
held away accounts or not is with the Client’s advisor and not FAS.

For its services to the SA Funds, FAS receives management, administration, and shareholder servicing fees
from each of the SA Funds as described in the SA Funds’ prospectus. The payments received by FAS from the
SA Funds are significant and may be greater than what FAS would earn through other fee arrangements. This
creates a conflict of interest, as it provides an incentive for FAS to recommend the purchase of the SA Funds
rather than other similarly-situated mutual funds. FAS addresses this conflict of interest by recommending
asset-class target allocations that can be implemented using mutual funds other than the SA Funds (namely,

the DFA Funds or other unaffiliated funds) and the actual selection of funds to be utilized to implement the
asset-class target allocation is selected by the client and/or investment advisor. Based on such factors as the
client’s individual financial circumstances, expressed cash needs, risk tolerance, investment objectives, and
other factors, the client and/or independent advisor can instruct FAS to invest an account into an asset-class
target allocation using the Funds they deem most appropriate.

Generally, service agreements between FAS and the investment advisor may be terminated for any reason
after providing sufficient written notice as more specifically detailed in each agreement.

FAS Retirement Solutions Services
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Item 7 – Types of Clients

As disclosed above, FAS provides services to independent registered investment advisors, end individuals and
registered investment companies. FAS also provides FAS Retirement Solutions services to qualified retirement
plans.

FAS typically suggests, but does not always require, a minimum account size of $500,000 for discretionary
individual fixed income management services.