Fullerton Advisors LLC

Item 5 Fees and Compensation
Investment Advisory Fees:
Clients will be charged a negotiable annualized fee of up to 1.0%, billed quarterly in arrears, based on the
account asset value at the end of the quarter. Fees will depend on the complexity of the client’s account
and financial circumstances. Fees will be assessed pro rata in the event the portfolio management
agreement is executed at any time other than the first day of a calendar quarter.

Payment of Fullerton’s advisory fees will be made by the qualified, independent custodian holding the
clients’ funds and securities provided that the following requirements are met:
    • The client provides written authorization permitting the fees to be paid directly from the client’s
         account held by the custodian. Fullerton does not have access to client funds for payment of fees
         without client consent in writing.
    • Fullerton sends the client an invoice showing the amount of the fee, the value of the client’s
         assets on which the fee is based, and the specific manner in which the fee was calculated.
    • It is disclosed to the client that it is the client’s responsibility to verify the accuracy of the fee
         calculation and that the custodian will not determine whether the fee is properly calculated.
    • Fullerton will send an invoice to the custodian indicating only the amount of the fee to be paid by
         the custodian.
    • The custodian agrees to send the client a statement, at least quarterly, indicating all amounts
         dispersed from the account including the amount of the advisory fee paid to a designated party of
         Fullerton.

Fullerton or the client may terminate the management agreement within five days of the date of
acceptance without penalty to the client. After the five-day period, either party, upon 30 days’ written
notice to the other, may terminate the management agreement. The management fee will be pro-rated for
the quarter in which the cancellation notice was given.

Advice offered by Fullerton may involve investments in mutual funds and ETFs. Clients are hereby
advised that all fees paid to Fullerton for investment advisory services are separate and distinct from the
fees and expenses charged by mutual funds (described in each fund’s prospectus) to their shareholders.
These fees will generally include a management fee and other fund expenses. Further, there may be
transaction charges involved with purchasing or selling of securities. Fullerton does not share in any
portion of the brokerage fees/transaction charges imposed by the custodian holding the client funds or
securities. The client should review all fees charged by mutual funds, Fullerton, and others to fully
understand the total amount of fees to be paid by the client.

Financial Planning Fees:
Fullerton utilizes the following financial planning fee schedule, subject to negotiation, depending on the
nature, complexity, and time involved in providing the client with requested services.

▪    Fixed Fees: After the initial consultation, if the Client engages Fullerton to provide a broad based or
     modular financial plan, Fullerton will charge the client a negotiable fixed fee ranging between $2,500
     and $10,000, 50% of which will be payable in advance with the remaining 50% payable upon
     completion of the services rendered.
or

▪   Hourly Fees: If the Client engages Fullerton to provide a broad based or modular plan Fullerton will
    charge the Client based upon a negotiable hourly rate of up to $400, 50% of which will be payable in
    advance with the remaining 50% payable upon completion of the services rendered. An estimate of
    the total cost will be determined at the start of the advisory relationship. In limited circumstances, the
    cost/time could potentially exceed the initial estimate. In such cases, the Firm will notify the Client
    and may request that the client approve the additional fee. For general consulting services, Fullerton
    charges clients is regular hourly rate, subject to negotiation, payment of which will be due upon
    completion of the services rendered.

The Firm or the client may terminate the financial planning agreement within five days of the date of
acceptance without penalty to the client. After the five-day period, either party, upon 30 days written
notice to the other, may terminate the financial planning agreement. In the event of termination, the client
will receive a pro rata refund or will be charged for the portion of work performed by the Firm, as
applicable. At no time will the firm charge clients more than $500 and for six months or more in
advance.

Pension Consulting Fees:
For such services, Fullerton charges a negotiable hourly rate of up to $400, which shall be due and
payable monthly in arrears and paid directly to the Firm by the client.

Fullerton may also provide portfolio management services to qualified plans and will charge a negotiable
annualized fee of up to 1.0%, billed quarterly in arrears, based on the value of the Plan’s assets at the end
of the quarter. Fees will depend on the complexity of the client’s account and financial circumstances.
Fees will be assessed pro rata in the event the agreement is executed at any time other than the first day of
a calendar quarter.

The Firm or the client may terminate the consulting agreement within five days of the date of acceptance
without penalty to the client. After the five-day period, either party, upon 30 days written notice to the
other, may terminate the pension consulting agreement.

Client accounts are regulated under the Employee Retirement Income Securities Act and/or other
applicable law. Fullerton does not maintain discretionary authority or control with respect to client’s
accounts. Fullerton provides clients with alternatives and various courses of action; however decisions
regarding the selection of investments remains with the client.

Item 7 Types of Clients
Fullerton Advisors, LLC offers investment advisory services to individuals, trusts, estates, charitable
organizations, pension and profit sharing plans, corporations, and other business entities.