Garde Capital Inc

Item 5: Fees and Compensation
Compensation Methodology and Rates

Assets Under Management
Most clients are charged for our asset management services based on a percentage of the
assets being managed. Portfolio Management clients are subject to this fee arrangement.
Clients may receive financial planning services as part of the portfolio management process
and, as such, would not be charged an extra fee for planning. In some cases, we may offer
financial planning services to clients for whom we do not manage a portfolio. In those
instances, the client may be subject to the hourly fees described below. The following table
represents our standard fee schedule for investment supervisory services. A client’s specific
annual fee arrangement will be described in the written Investment Advisory Agreement
entered into between Garde Capital and the client. The investment supervisory fees we charge
are negotiable at our sole discretion based on the work required to manage the relationship,
the total assets under management, the tenure of the relationship, and whether the account is
related to other accounts we manage. All clients do not pay the same fees. Some clients may
pay more and some clients may pay less than the fee schedule below, but this is our standard
fee schedule.

Annualized Fees
 From                        To                            Per Year
 $0                          $1,000,000                      0.95%
 $1,000,001                  $2,000,000                      0.90%
 $2,000,001                  $5,000,000                      0.90%
 $5,000,001                  $10,000,000                     0.80%
 $10,000,001                 $25,000,000                     0.60%
 $25,000,001                 $50,000,000                     0.50%
 $50,000,001 and up                                         0.40%

The annual fee for our services is billed quarterly in advance based on the value of the account
at the end of the previous quarter. If the management agreement does not span the entire
quarterly billing period, the fee will be prorated based on the number of days the account is
open during the billing period. The quarterly fee will also be adjusted if inflows or outflows
occur on any given day in a billed account in excess of $500,000. That fee adjustment will be
prorated across all accounts in the billing household. The client’s qualified account custodian
will send statements, at least quarterly, showing all disbursements for the account, including
the amount of the investment supervisory fee, if deducted directly from the account. It is the
shared responsibility of Garde Capital and the client to verify the accuracy of the fee calculation
as the qualified custodian will not determine whether or not the fee has been properly
calculated.

Either party may terminate the Investment Advisory Agreement by providing written notice.
Upon receipt of the client’s termination notice, we will cease providing advisory services. Any
fees collected in advance of services being performed will be returned to the client on a pro
rata basis.

Hourly Fees
Garde Capital may perform services for clients where the fee is based on an hourly rate. The
rate per hour depends upon the level of complexity of the service and experience and expertise
of the personnel used to do the work. This negotiable rate would normally not exceed $400 per
hour. The tasks and services to be performed are described in an engagement letter that is
signed by the client and Garde Capital that also includes the hourly rate, an estimate of time to
complete the project, and the procedure for refund or partial billing if the engagement is
terminated before completion.

Flat Fees
In addition to the asset management and financial planning services outlined above, we may
provide other financial services as described in Item 4. In these cases, we may charge a flat fee
to compensate Garde Capital for the work that comes with these enhanced services. The flat
fee will be priced based on the scope of work for each client relationship. This fee will typically
be charged in addition to the fees for investment management services noted above.
Depending on the amount of the flat fee, the total fees as a percentage of assets under
management may be higher than that shown in our schedule above.

Valuation of Publicly Traded Securities
Publicly traded securities in client account(s) managed by us are held at the custodian that we
recommend but is ultimately chosen by the client. We use the securities valuation provided by
the independent qualified custodian for reporting and billing purposes. The third-party vendor
we use for client reporting and fee billing uses period-ending custodial values as well as data
concerning accrued dividends and interest for the period to determine the actual value upon
which clients will be billed. The account custodian generally does not include accrued dividends
on the statement, which may lead to a difference between the values shown by the custodian
and the values used by our billing vendor. We provide clients with an internally-produced fee
statement in addition to the statement provided directly by the custodian, to permit review of
the amounts billed and the valuation used. We encourage clients to carefully compare the
statements received from Garde Capital and the statements received from the custodian and to
contact us with any questions regarding the billing value. Publicly traded securities are usually
valued by the custodian as of the end of business on the last trading day of the calendar
quarter.

How Clients Pay Advisory Fees
Fees are generally deducted directly from the client’s account. The client must provide the
qualified account custodian with written authorization to have fees deducted from the client’s
account and paid to Garde Capital.

Minimum Annual Advisory Fee
All households that are being charged an asset-based fee are subject to a minimum annual
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Item 7: Types of Clients
General Services
We provide advisory services to a variety of types of clients including individuals and families,
trusts, charitable organizations, individual pension plan accounts, and retirement plan trustees.

Pension and Other Retirement Plans
We provide advisory services to pension plans and other institutional clients. These services
may include recommendations to the plan which are then approved by the pension plan
sponsor. In some cases we will serve as a discretionary advisor to the plan. As part of our
pension plan services we also provide employee education to plan participants. This education
is consistent with Modern Portfolio Theory. Clients are encouraged to ask their pension plan
sponsor what services Garde Capital is providing the plan.