Gibson Financial Solutions Inc

Item 5 Fees and Compensation

Description
        As previously described under the service description sections, we generally
        base our fees on a percentage of assets under management, hourly charges,
        or retainer fees.
        Retainer fees are generally priced based on the complexity of work and
        assets under management and are generally offered when asset
        management is not the most significant part of the relationship.
        We prepare financial plans and consult using an hourly fee of $200. The fee
        for financial planning and consulting is based on the number of hours involved
        in plan development and preparation and is charged at $200 per hour. The
        number of hours involved depends upon the complexity of your situation and
        typically takes from 3-15 hours. Clients may select the Quick Plan approach
        or the Comprehensive Approach, thereby controlling time and cost.
        The annual Investment Advisory Agreement fee is generally based on a
        percentage of the investable assets according to the following schedule:

               Total Assets Under Management                    Annual Fee
                        Up to $1,000,000                          1.00%

                 Next $1,000,001 to $3,000,000                    0.50%

                       Above $3,000,001                           0.25%

        The minimum annual fee is generally $500. Current client relationships may
        exist where the fees are lower than the fee schedule noted above or may be
        based on a retainer rather than assets under management, especially if asset
        management is not the most significant part of the relationship.
        Fees are negotiable. Some determining factors in negotiating fees include
        totality of services to be provided, complexity of your situation, and estimate
        of time to provide services. GFS in its sole discretion, may waive its minimum
        fee and/or charge a lesser investment advisory fee based upon certain criteria
        (e.g., historical relationship, type of assets, anticipated future earning
        capacity, anticipated future additional assets, dollar amounts of assets to be

                             Gibson Financial Solutions, Inc.

         managed, related accounts, account composition, negotiations with clients,
         etc.).
         We are constantly aware of the conflict of interest of the Assets Under
         Management fee structure. Circumstances may arise in which you may
         request advice concerning, for example, paying off a mortgage, making
         charitable contributions, or gifting assets which would result in a reduction in
         assets under management. In the event such a circumstance arises, we will
         disclose the conflict of interest, discuss the pros and cons of taking action,
         and will recommend that you obtain additional counsel from your accountant,
         attorney or other professional.

Fee Billing
         Investment management fees are billed monthly or quarterly, in arrears,
         meaning that we invoice you after the monthly or quarterly billing period has
         ended. Payment in full is expected upon invoice presentation. When we
         manage assets, we generally deduct fees from a designated account to
         facilitate billing. You must consent in advance to direct debiting of an
         account, or you may elect to pay fees directly.
         We bill for financial plans and other hourly work upon completion of the
         planning/hourly engagement at $200 per hour. We do not deduct hourly fees
         directly from client accounts.

Other Fees
         Custodians may charge transaction fees on purchases or sales of certain
         mutual funds and exchange-traded funds. These transaction charges are
         usually 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.
         Clients may incur brokerage fees and commissions. Please see the section
         entitled “Brokerage Practices” in Item 12. We are not affiliated with a Broker
         Dealer and we do not split commissions or receive commissions, nor do we
         accept 12-b1 fees or any remuneration from any party other than fees paid to
         us by our clients as previously described.

Expense Ratios
         Mutual funds generally charge a management fee for their services as
         investment managers. The management fee is called an expense ratio. For
         example, an expense ratio of 0.50 means that the mutual fund company
         charges 0.5% for their services. These fees are in addition to the fees paid
         by you to GFS.

                              Gibson Financial Solutions, Inc.

         Performance figures quoted by mutual fund companies in various publications
         are after their fees have been deducted.

Past Due Accounts and Termination of Agreement
         We reserve the right to terminate any financial planning engagement where a
         client has willfully concealed or has refused to provide pertinent information
         about financial situations when necessary and appropriate, in our judgment,
         to providing proper financial advice.
         We reserve the right to terminate any investment management engagement.
         Reasons for termination might include but are not limited to the client
         impeding our ability to manage accounts in the client’s best interest, per the
         judgment of GFS, or failure to pay management fees within 60 days of the
         presentation of the bill. GFS will contact the client in writing to discuss the
         reason for termination. This contract may not be assigned by either party
         without the express written consent of the other party.

Item 7 Types of Clients

Description
         We generally provide investment advice to individuals and high net worth
         families.
         Client relationships vary in scope and length of service.

Account Minimums
         Clients receiving ongoing asset management services will be assessed a
         $500 minimum annual fee. Consequently, clients with assets below $50,000
         may pay a higher percentage rate on their annual fees than the fees paid by
         clients with greater assets under management. Depending upon
         circumstances, GFS may sign an Hourly Consulting Agreement with the client

                              Gibson Financial Solutions, Inc.

         if asset values are below $50,000 or have diminished significantly below
         $50,000.
         We have discretion to waive the account minimum. Accounts of less than
         $50,000 may be set up when we anticipate the client will add additional funds
         to the accounts bringing the total to $50,000 within a reasonable time. Other
         exceptions will apply to employees of GFS and their relatives, or relatives of
         existing clients.