Global Portfolio Solutions Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid monthly in arrears pursuant to the terms of the wealth management agreement.
Wealth management fees are based on the average daily balance of the market value of assets under management
during the month. The wealth management fee in the first month of service is prorated from the inception date of the
account[s] to the end of the first month.
                                                Global Portfolio Solutions, Inc.
                                7702 East Doubletree Ranch Road, Suite 300, Scottsdale, AZ 85258
                                                     Phone: (602) 558-1211
                                                      https://gpsinvest.com/

Wealth management fees range up to 2.00% annually based on several factors, including: the complexity of services to
be provided, the level of assets to be managed, and the overall relationship with the Advisor. Fees may be negotiable
at the sole discretion of the Advisor.

The Client’s fees will take into consideration the aggregate assets under management with the Advisor. All securities
held in accounts managed by GPS Investments will be independently valued by the Custodian. The Advisor will conduct
periodic reviews of the Custodian’s valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers - As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment
portfolio utilizing one or more Independent Managers. The Advisor will earn its wealth management fee as described
above. Independent Managers will charge a separate investment management and/or platform fee. For certain
Independent Manager relationships, the Advisor is compensated through a referral fee arrangement, whereby the
Advisor is compensated when a Client engages with the Independent Manager.

Third-Party Access Platforms - For assets managed through a third-party platform, the Client is not charged any
additional platform fees. The Advisor bears the cost of the platform in order to service these Client assets. Advisory fees
apply to assets accessed and managed through the platform as part of the Client’s assets under management, as
disclosed above.

Financial Planning Services
GPS Investments offers standalone financial planning services for a fixed engagement fee ranging from $1,500 to
$10,000 per engagement. Fees may be negotiable based on the nature and complexity of the services to be provided
and the overall relationship with the Advisor. An estimate for total costs will be determined prior to engaging for these
services.

Retirement Plan Advisory Services
Retirement plan advisory fees are charged an annual asset-based fee of up to 2.00%. Fees may be billed monthly
or quarterly (“Billing Period”) in advance or arrears pursuant to the terms of the retirement plan advisory agreement.
Retirement plan fees are based on the market value of assets under management at the end of the Billing Period.
Fees may be negotiable depending on the size and complexity of the Plan but shall not exceed the fee range stated
above.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from
the Client’s account[s] at the respective month end date. The amount due is calculated as follows: (average daily balance
of assets under management x annual rate) x (effective days in the billing period / days in the year). Clients will be
provided with a statement, at least quarterly, from the Custodian reflecting deduction of the wealth management fee.
Clients are urged to also review and compare the statement provided by the Advisor to the brokerage statement from
the Custodian, as the Custodian does not perform a verification of fees. Clients provide written authorization permitting
advisory fees to be deducted by GPS Investments to be paid directly from their account[s] held by the Custodian as
part of the wealth management agreement and separate account forms provided by the Custodian.

Use of Independent Managers - For Client accounts implemented through an Independent Manager, the Client’s overall
fees will include the Advisor’s wealth management fee (as noted above) plus investment management fees and/or
platform fees charged by the Independent Manager[s], as applicable. Depending on the relationship, the Independent
Manager or the Advisor may assume responsibility for calculating the Client’s fees and deduct all fees from the Client’s
account[s].

                                                Global Portfolio Solutions, Inc.
                                7702 East Doubletree Ranch Road, Suite 300, Scottsdale, AZ 85258
                                                     Phone: (602) 558-1211
                                                      https://gpsinvest.com/

Financial Planning Services
Financial planning fees for standalone engagements will be invoiced up to fifty percent (50%) of the expected total fee
upon execution of the financial planning agreement. The balance shall be invoiced upon completion of the agreed upon
deliverable[s]. Financial planning fees may be paid via check or ACH payment.

Retirement Plan Advisory Services
...

Item 7 – Types of Clients

GPS Investments offers investment advisory services to individuals, high net worth individuals, charitable
organizations, and retirement plans. GPS Investments generally does not impose a minimum relationship size.

                                               Global Portfolio Solutions, Inc.
                               7702 East Doubletree Ranch Road, Suite 300, Scottsdale, AZ 85258
                                                    Phone: (602) 558-1211
                                                     https://gpsinvest.com/