Grove Street Fiduciary LLC

Item 5 Fees and Compensation
Wealth and Trust Advisory Services
Our fee for wealth and trust advisory services ranges from 0.60% to 1.50% per annum of investable
assets, subject to a minimum annual fee of $12,000, which may be waived for certain legacy clients.
Our annual wealth and trust advisory fee is billed and payable quarterly in arrears based on the
average daily balance of your investable assets for the quarter. We do not receive compensation for
the purchase or sale of securities or other investment products.

If the client agreement is executed at any time other than the first day of a calendar quarter, our fees
will apply on a pro rata basis, which means that the advisory fee is payable in proportion to the number
of days in the quarter for which you are a client. Our advisory fee is negotiable, depending on the
individual client circumstances.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts.

We will deduct our fee directly from your account(s) through the qualified custodian holding your funds
and securities. We will deduct our advisory fee only when you have given our company written
authorization permitting the fees to be paid directly from your account. Further, the qualified custodian
will deliver an account statement to you at least quarterly. These account statements will show all
disbursements from your account. You should review all statements for accuracy.

You may terminate our services upon written notice to our company. You will incur a pro rata charge
for services rendered prior to the termination of the agreement, which means you will incur advisory
fees only in proportion to the number of days in the quarter for which you are a client.

Hourly Consulting Services
We charge an initial consultation fee of $1,000. Subsequent meetings are $450 per hour. Fees are
generally due upon completion of the services rendered. For clients with $5 million or more of
investable assets, for whom our comprehensive services are most appropriate, the initial consultation
is complimentary.

You may terminate the financial consulting agreement upon written notice to our firm. If you have pre-
paid financial consulting fees that we have not yet earned, you will receive a prorated refund of those
fees. If financial consulting fees are payable in arrears, you will be responsible for a prorated fee based
on services performed prior to termination of the financial consulting agreement.

Pension Consulting Services
Our fee and fee paying arrangements for pension consulting services will vary based on the scope and
complexity of the services to be rendered and will be determined on a case-by-case basis. You may
terminate the consulting agreement by providing written notice to our company.

We do not require prepayment of a fee more than six months in advance and in excess of $1,200.
Certain pre-existing clients of the company may pay lower/different fees than those stated above.

We do not participate in a wrap fee program.

Additional Fees and Expenses
As part of our wealth and trust advisory services to you, we may invest, or recommend that you invest,
in exchange traded funds and indexed mutual funds. The fees that you pay to our company for wealth
and trust advisory services are separate and distinct from the fees and expenses charged by exchange
traded funds and indexed mutual funds (described in each fund's prospectus) to their shareholders.
These fees will generally include a management fee and other fund expenses in which we do not
share in any portion. You may also incur transaction charges when purchasing or selling securities.
These charges are typically imposed by the broker-dealer or custodian through whom your account
transactions are executed. We do not share in any portion of the brokerage 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 exchange traded funds, indexed mutual funds, our company, and
others. For information on our brokerage practices, please refer to the Brokerage Practices section of
this brochure.

Mortgage Payoff Considerations
As part of our wealth and trust advisory services, we may provide advice on paying off mortgage
balances. While we endeavor to provide advice to you in your best interests, we may have a potential
conflict of interest in the rendering of such advice, because we may have an incentive to recommend
maintaining account assets over paying down your mortgage which would result in our continued
receipt of advisory fees on such assets. You are under no obligation, contractually or otherwise, to
follow our advice on mortgage payoffs.

Rollover Considerations
As part of our wealth and trust advisory services to you, we may recommend that you withdraw the
assets from your employer's retirement plan and roll the assets over to an individual retirement account
("IRA") that we will manage on your behalf. If you elect to roll the assets to an IRA that is subject to our
management, we will charge you an asset based fee as set forth in the agreement you executed with

our company. This practice presents a conflict of interest because we may have an incentive to
recommend a rollover to you for the purpose of generating fee based compensation rather than solely
based on your needs. You are under no obligation, contractually or otherwise, to complete the rollover.
If you do complete the rollover, you are under no obligation to have the assets in an IRA managed by
our company.

Many employers permit former employees to keep their retirement assets in their company plan. Also,
current employees can sometimes move assets out of their company plan before they retire or change
...

Item 7 Types of Clients
We offer wealth and trust advisory services to individuals, trusts, estates, pension and profit sharing
plans, charitable organizations, corporations, foundations and other business entities.

In general, we require a minimum of $5,000,000 of investable assets to provide wealth and trust
advisory services. At our discretion, we may waive this minimum. For example, we may waive the
minimum if you appear to have significant potential for increasing your assets under our management.
We may also combine account values for you and your minor children, joint accounts with your
spouse, and other types of related accounts to meet the stated minimum.