Fountain Square Asset Management LLC

Item 5: Fees and Compensation

Investment Advisory / Portfolio Management Services

Fees are charged monthly for customer accounts in arrears based upon the average daily value of
client assets during the previous month as valued by the custodian. Fees are pro-rated for the first
partial month when a new account is opened. The fee schedule breakpoints and rates will differ
between clients and are negotiable. . Investment advisory fees are not expected to exceed 1.25%. of
assets under management.

Financial Planning and Financial Consulting Services

For clients who retain our firm for its investment advisory services, there is generally no charge for
financial planning services. Your financial professional will update your financial plan upon request
or when your objectives or financial situation change.

General Information

An investment advisory agreement can generally be terminated at any time, by the firm or the client,
for any reason upon prior written notice. The timing is specified in the agreement between Fountain
Square and the client. In addition, if a client receives this Brochure at the time the client enters into
the investment advisory agreement, the client has the right to terminate the agreement within 5
business days after entering into it by giving written notice of such termination to the firm.

Our firm will not take custody or possession of client funds or securities at any time except to the
extent that we typically deduct fees directly from the client's account(s) when providing
discretionary investment management services.

All fees paid to Fountain Square are separate and distinct from fees and expenses charged by any
mutual fund, exchange-traded funds and closed-end funds. Fund fees are described in the respective
fund's prospectus. These fees will generally include management fees, various expenses and a
possible distribution fee. The client should review all fees being charged on its investments and those
charged by Fountain Square to fully understand the total amount of fees to be paid by the client and
to evaluate the advisory services being provided.

Clients incur certain charges imposed by custodians, brokers, and other third parties such as
custodial fees, trade execution fees, deferred sales charges, odd-lot differentials, transfer taxes,
electronic fund fees, other fees and taxes on brokerage accounts and securities transactions, and
paper copies of documents such account statements or tax forms. Please refer to Item 12 (Brokerage
Practices) in this Brochure for additional information.

Clients should be aware that similar advisory services could be available from other investment
advisors for similar or lower fees.

Certain of our firm’s supervised personnel are registered representatives of unaffiliated third-party
broker-dealers and have the capacity to sell securities through such broker-dealers. In addition, most
of our personnel are licensed insurance agents of unaffiliated third-party insurance companies or
agencies and sell insurance products through these affiliations. These products and services are
separate and distinct from the investment advisory services offered through Fountain Square.
Clients should be aware that these securities products and insurance products pay a commission.

                 Part 2A of Form ADV: Fountain Square Asset Management Brochure

All fees and commissions related to securities products or insurance products being sold by a
financial advisor in his/her capacity as a registered representative or insurance agent will be
disclosed to the client. In no event is any client obligated, contractually or otherwise, to use the
services of any registered representative or insurance agent acting in such capacity or to purchase
products or services through said individual.

Item 7: Types of Clients

We offer our firm’s services to individuals, high net worth individuals, corporations and other
business entities, pension and profit-sharing plans, and estates and trusts.