Gold Medal Waters 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
For Clients engaged in comprehensive wealth management services, the Client will be charged a single
combined fee for investment management and financial planning. Wealth management fees are paid quarterly at
the end of each calendar quarter and range between $8,500 and 48,000 annually, pursuant to the terms of the
agreement. Fees are determined by the Client’s needs and objectives, size of the relationship, complexity of the
relationship, scope of work, specific reporting requirements, portfolio restrictions, and other complexities. Certain
legacy Clients may be charged a fee that may be different from the described fee above.

                                                Gold Medal Waters, Inc.
                                  4845 Pearl East Circle, Suite 101, Boulder, CO 80301
                                      Phone: (720) 887-1299 * Fax: (720) 438-7118
                                          http://www.goldmedalwaters.com

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 GMW will be
independently valued by the Custodian. GMW will conduct periodic reviews of the Custodian’s valuations.

Financial Planning Services
GMW may also offer ongoing financial planning services at a fixed annual fee ranging from $8,500 to $48,000
payable at the end of each monthly or quarterly period, pursuant to the agreement. Fees are based on the scope
of financial planning services provided to the Client, as detailed in Item 4.B above. Fees may be negotiable based
on the nature, size of the relationship, and complexity of the services to be provided and the overall relationship
with the Advisor. An estimate for overall costs will be provided to the Client prior to engaging for these services.
Certain legacy engagements may be charged differently than from what is disclosed above.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged an annual asset-based fee ranging from 0.10% to 0.70%
or charged a fixed fee ranging from $4,000 to $40,000, billed quarterly or annually (“Billing Period”) in arrears, at
the end of each calendar Billing Period. Fees are based on the needs and complexities of the Plan. Retirement
plan advisory fees are negotiable at the sole discretion of the Advisor.

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 or its delegate 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 quarter-end date. For Clients whose assets are
custodied at Altruist, fixed fees will be charged quarterly, at the agreed upon annual fixed fee divided by four (4).
Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the wealth
management fee. It is the responsibility of the Client to verify the accuracy of these fees as listed on the
Custodian’s brokerage statement as the Custodian does not assume this responsibility. Clients provide written
authorization permitting GMW to be paid directly from their account[s] held by the Custodian as part of the
agreement and separate account forms provided by the Custodian.

Financial Planning Services
For ongoing financial planning services, fees are due at the end of each monthly or quarterly period, depending
on the terms of the financial planning agreement.

Retirement Plan Advisory Services
Fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan, depending on the
terms of the retirement plan advisory agreement.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than GMW, in connection with
investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, if applicable. Certain recommended custodians do not charge
securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the
terms and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for
mutual funds and other types of investments. The fees charged by GMW are separate and distinct from these
custody and execution fees. In addition, Clients are responsible for fees charged by third parties engaged for
recommended services.

All fees paid to GMW for investment advisory services are separate and distinct from the expenses charged by

                                               Gold Medal Waters, Inc.
                                 4845 Pearl East Circle, Suite 101, Boulder, CO 80301
                                     Phone: (720) 887-1299 * Fax: (720) 438-7118
                                         http://www.goldmedalwaters.com

mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are described in each
fund’s prospectus. These fees and expenses will generally be used to pay management fees for the funds, other
fund expenses, account administration (e.g., custody, brokerage and account reporting), and a possible
distribution fee. A Client may be able to invest in these products directly, without the services of GMW, but would
not receive the services provided by GMW which are designed, among other things, to assist the Client in
...

Item 7 – Types of Clients

GMW offers investment advisory services to individuals, high net worth individuals, retirement plans, charitable
organizations and corporations or other businesses. The amount of each type of Client is available on GMW’s
Form ADV Part 1A. These amounts may change over time and are updated at least annually by the Advisor. The
Advisor will not restrict any type of Client that wishes to engage GMW for its financial planning services. GMW
will not impose a minimum relationship size for its investment management clients.