Gilbert & Cook Inc

Item 5: Fees & Compensation

    Compensation for Our Advisory Services
    Financial Planning & Consulting:
    Gilbert & Cook charges on an hourly or flat fee basis for financial planning and consulting
    services. The total estimated fee, as well as the ultimate fee charged, is based on the scope and
    complexity of our engagement with the client. The maximum hourly fee to be charged will not
    exceed $350. Flat fees range from $150 to $65,000. Our Firm requires full payment of the flat
    fee for financial planning or consulting at the time of signing. We require a retainer of up to fifty
    percent (50%) of the hourly fee at the time of signing. We require a Due Diligence Review fee,
    which is based on the complexity of the investment, payable in advance in four quarterly
    installments for one year. This Due Diligence Review fee includes, but is not limited to: research,
    paperwork, interim capital calls, ongoing monitoring, which typically results in five percent (5%)
    to ten percent (10%) of committed capital for the term of the investment. Our Firm will not
    require prepayment exceeding $1,200 when services cannot be rendered within 6 (six) months.

ADV Part 2A – Firm Brochure                       Page 7                                      Gilbert & Cook, Inc.

    Retirement Plan Consulting:
    Our Retirement Plan Consulting services are billed on the percentage of Plan assets under
    management. The total estimated fee, as well as the ultimate fee charged, is based on the scope
    and complexity of our engagement with the client. Fees based on a percentage of managed Plan
    assets will not exceed 1.25%. The fee-paying arrangements for Retirement Plan Consulting
    service will be determined on a case-by-case basis and will be detailed in the signed consulting
    agreement.

    Other Types of Fees & Expenses
    The fees not included in the fees for our services are charges imposed directly by a mutual fund,
    index fund, or exchange traded fund which shall be disclosed in the fund’s prospectus (i.e., fund
    management fees and other fund expenses), mark-ups and mark-downs, spreads paid to market
    makers, wire transfer fees and other fees and taxes on brokerage accounts and securities
    transactions.

    Wrap fee clients will not incur transaction costs for trades, whether the account is assessed an
    asset-based or transaction-based fee. More information about this can be found in our separate
    Wrap Fee Platform Brochure.

    Termination & Refunds
    Either party may terminate the agreement for any of the Wrap Fee Platform services signed with
    our Firm in writing at any time. Upon notice of termination our Firm will process a pro-rata
    refund of the unearned portion of the advisory fees charged in advance at the beginning of the
    quarter.

    Financial Planning & Consulting clients may terminate their agreement at any time before the
    delivery of a financial plan by providing written notice. Clients will receive a full refund of
    prepaid fees.

    Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
    written notice to the other party. Full refunds will only be made in cases where cancellation
    occurs within five (5) business days of signing an agreement. After five (5) business days from
    initial signing, either party may terminate the agreement at any time by providing notice to the
    other party. Full refunds will only be made in cases where cancellation occurs within five (5)
    business days of signing this Agreement. After five (5) business days from initial signing of this
    Agreement, Clients/Advisor must provide the other party notice to terminate billing. Billing will
    terminate after receipt by Adviser/Client of notice. Clients will be charged on a pro-rata basis
    which takes into account work completed by the Adviser on behalf of the Client. The Client will
    incur charges for bona fide advisory services rendered up to the point of termination and such
    fees will be due and payable by the Client.

Item 7: Types of Clients & Account Requirements

ADV Part 2A – Firm Brochure                     Page 8                                     Gilbert & Cook, Inc.

    Gilbert & Cook has the following types of clients:
        • Individuals and High Net Worth Individuals;
        • Trusts, Estates and Charitable Organizations;
        • Profit Sharing Plans;
        • Corporations, Limited Liability Companies and/or Other Business Types

    Our Firm requires a minimum portfolio balance of $1,000,000 for our Portfolio Management
    Services. Generally, this minimum account balance requirement is negotiable.