Genesis Financial Group LLC

Item 5 Fees and Compensation
Fees and other charges

Individually Managed Accounts:
Fees for individually managed accounts are based on the amount of assets under our management. Fees
based on a percentage of assets under management will not exceed 2%. The exact fee will be agreed
upon with each individual client and will be noted in the Investment Advisory Agreement. All asset-
based fees are deducted by the qualified custodian of record on a quarterly basis in advance, or as
otherwise indicated in the client agreement. Client statements for prior deductions will be provided on
a quarterly basis.

All fees paid to Genesis Financial for investment advisory services are separate and distinct from the
expenses charged by third-party managers and Investment Companies to their shareholders. These fees
and expenses are described to the client in separate disclosures. These fees will generally include third-
party management fees, an Investment Company management fee, other fund expenses, and in some
situations a possible distribution fee.

Genesis Financial will provide investment advisory and portfolio management services but not custodial
or other administrative services. At no time will Genesis Financial accept or maintain custody of a
client’s funds or securities except for authorized fee deduction. The Client may contact the Custodian
directly for disbursements, or account record changes, and may also do so in writing to the custodian.
Genesis Financial may act at the client’s convenience to facilitate such written communications to the
Custodian, provided that such action is not construed to be custody of client assets.

Client is responsible for all custodial and securities execution fees charged by the custodian and
executing broker dealer. Fees paid to Genesis Financial are separate from the custodian and execution
fees.

Clients may request to terminate their advisory contract with Genesis Financial, as a whole or in part, by
providing advance written notice. Upon termination, any fees paid in advance will be prorated to the
date of termination, and any excess will be refunded to the client through the Custodian. Client’s advisory
agreement with Genesis Financial is non-transferable without Client’s written approval.

Genesis Financial Group, LLC

Fee Deduction Disclosure

Where Genesis Financial deducts its management fee from client accounts utilizing a qualified custodian,
Genesis Financial is required to meet the following requirements.

   a. Possess written authorization from the client to deduct advisory fees from an account held by a
   qualified custodian;

   b. The firm must send the qualified custodian a written invoice detailing the fee amount to be
   deducted from the client account; and,

Right of Cancellation

In addition to the right to terminate an agreement pursuant to its terms, a client may cancel an agreement
with Adviser within five (5) business days of first receiving a copy of this disclosure brochure and
supplement without penalty or fee.

C. Additional Fees and Expenses

Custodians may charge transaction fees on purchases or sales of securities. These transaction charges
are small and incidental to the purchase or sale of a security. The selection of the security is more
important than the nominal fee that the custodian charges to buy or sell the security. The fees that you
pay to our firm for investment advisory services are separate and distinct from the fees and expenses
charged by mutual funds or exchange traded funds (described in each fund prospectus) to their
shareholders. These fees will include a management fee and other fund expenses. You will also incur
transaction charges and/or brokerage fees when purchasing or selling securities. These charges and fees
are typically imposed by the broker-dealer or custodian through whom your account transactions are
executed. We do not share any portion of the brokerage fees/transaction charges imposed by the broker-
dealer or custodian. To fully understand the total cost you will incur, you should review all the fees
charged by mutual funds, exchange traded funds, our firm, and others. For information on our brokerage
practices, refer to the Brokerage Practices section of this brochure.

D. Termination and Refunds

Adviser's Investment management fees are payable quarterly in advance, based on the value at the end
of the previous quarter, which will then be billed at the beginning of the next quarter. Upon termination,
any fees paid in advance will be prorated to the date of termination, and any excess will be refunded to
client by check issued to the customer as soon as practicable.

Item 7 Types of Clients
Genesis Financial provides investment advice to many different types of clients. These clients
generally include individuals, high-net worth individuals, corporations, and other types of business
entities.

Minimum Account Size

The Firm does not require a minimum account size. Third-party managed programs have account
minimum requirements, and these minimum requirements vary from manager to manager. Account
minimums are generally higher on fixed income accounts than equity-based accounts.