FPF FA LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management               Annual Fees
        $0 - $500,000                               1.25%

        $500,001 - $1,000,000                       0.95%

        $1,000,001 - $3,000,000                     0.70%

        $3,000,001 - $6,000,000                     0.50%

        $6,000,001 - AND UP                         0.40%

Fees depicted in the above fee table are flat versus graduated. For instance, in a graduated
approach a client with $1,250,000 in assets under management would experience billing
of the first $500,000 at 1.25%, the second tranche of $500,000 at 0.95%, and the remaining
$250,000 at 0.70%. At FPFA, the client would experience the entire $1,250,000 being billed
at 0.70%.

FPFA uses an average of the daily balance in the client's account throughout the billing
period for purposes of determining the market value of the assets upon which the
advisory fee is based.

These fees are negotiable and the final fee schedule is memorialized in the client’s
Investment Advisory Contract. Clients may terminate the agreement without penalty for
a full refund of FPFA's fees within five business days of signing the Investment Advisory
Contract (if applicable). Thereafter, clients may terminate the Investment Advisory
Contract generally with 30 days' written notice.

Historically, FPFA has not charged for several types of accounts including 529 plans,
custodial Roths, UTMA accounts, and donor advised funds (DAF’s). However, FPFA may
charge its clients a fee for these accounts primarily to cover the costs of technology and
general servicing. This fee is negotiable and is dependent on several factors on a per client
basis. The exact amount of the fee will be in your investment advisory agreement.

FPFA does not bill on large cash balances that may have an agreed upon short-term
purpose (e.g. saving for a large down payment, an upcoming tax bill, school tuition,
emergency reserve, etc.). Likewise, FPFA does not bill on large cash balances being
invested over time into a portfolio (e.g. dollar cost averaging). Lastly, FPFA does not bill
on cash balances held for retirees with impending IRA distributions if FPFA and the client
have agreed to maintain a large cash balance to preserve funds for such distributions.
Each situation is unique. FPFA reserves the right to negotiate a fee for large cash balances
remaining uninvested or non-purposed for a long period of time. This fee reflects the cost
of technology and maintaining these accounts.

While not a policy, circumstances may arise whereby client investable assets are not billed
upon (e.g. low cost basis stock holdings, a stock selection requested by the client that is
outside of the agreed upon core investment strategy).

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $2,500 and $10,000.

Hourly Fees

The negotiated hourly fee for planning services is between $150 and $400. The amount of
the hourly fee is determined based upon a number of factors including but not limited to
the amount of work involved and the complexity of the case.

Clients may terminate the agreement without penalty verbally or with written notice
within five business days of signing the Financial Planning Agreement. Thereafter, clients
may terminate the Financial Planning Agreement generally upon written notice. If
cancellation occurs thereafter, the client is responsible only for expenses incurred to that
point. In such an event, an itemized invoice will be provided documenting the expenses
that have been incurred.

Participant Directed Retirement Plan Fees

The negotiated fee for these services generally ranges from 0.10% to 0.35%. The fee is
determined by factors such as assets in the plan, the amount of annual contributions to
the plan, number of employees, number of locations and geographic proximity of the
locations for the business, projected growth of the business, and type of business.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees for accounts using FPFA’s primary custodian
Schwab are withdrawn directly from the client’s accounts, with the client’s written
authorization, on a monthly basis. Fees are paid in arrears.

Some client assets are “held away” at Capital Group (parent of American Funds
Distributors, Inc.). Such fees are withdrawn directly from the client’s accounts, with the
client’s written authorization, quarterly in arrears.

Payment of Financial Planning Fees
Financial planning fees are paid via check.

Fixed financial planning fees are due and payable upon presentation of the plan and are
never paid in advance.

Hourly financial planning fees are paid upon billing by FPFA and are never paid in
advance.

In the event a financial planning client subsequently engage FPFA for an ongoing wealth
management relationship, FPFA may credit the amount of the financial planning fee
against ongoing portfolio management fees based on the specific facts and circumstances
of the engagement. Financial planning in the continuum will be performed without
additional fees.

Participant Directed Retirement Plan Fees

Participant directed retirement plan fees are withdrawn directly from the client’s account
according to the plan documents and recordkeeper’s processes on a monthly or quarterly
basis in arrears. Plan documents include an expense agreement between FPFA and the
plan sponsor.

C. Client Responsibility for Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e., custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by FPFA. One such fee clients incur is a
transactional fee when they buy or sell certain institutional class traditional mutual funds.
...

Item 7: Types of Clients

FPFA generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations or Business Entities
       ❖      Retirement Plans

There is no account minimum size or fee for any of FPFA’s services.