Headinvest LLC

Item 5 Fees and Compensation
Our annual fee for portfolio management services ranges up to 1.25% depending upon the type and
size of the relationship and complexity of the asset management services provided, as well as the level
of administration requested either directly or assumed by the client. Assets in each of your account(s)
are included in the fee assessment unless specifically identified in writing for exclusion. Fees vary and
are negotiable based on size of portfolio, types of assets managed, extent of family relationship and
other factors.

Our fees are billed three months in advance, on a quarterly basis, based on the valuation of assets
under management at the end of the prior month. We have a standard relationship size of $1,000,000.
In addition, there is a minimum fee of $10,000 per year (to be charged quarterly in advance). The
minimum fee and/or minimum relationship size can be waived at our discretion.

Minimum Account Requirements: Pre-existing advisory clients are subject to HeadInvest's minimum
account requirements and advisory fees in effect at the time the client entered into the advisory
relationship.

Non-profit organizations are eligible to receive up to a 20% discount. Any discount depends on the size
and service requirements of the relationship.

HeadInvest utilizes exchange-traded funds ("ETFs") and/or other mutual funds in the management of
most client accounts. You should understand that these investments are managed separately and
incur fees and expenses that are separate and in addition to our fees.

On occasion, we have advised clients to retain third party investment managers. In such cases, the
client pays the third-party manager directly under the terms of a separate agreement between them.

In most instances, our clients authorize us to deduct management fees directly from their accounts.
Alternatively, you may elect to be billed for fees incurred. If you terminate our services before the end
of a billing period, we will refund any amount we have not earned. Likewise, any fees we have earned
but are unpaid will be due and payable.

We do not maintain custody of your assets; instead, we recommend qualified brokerage firms and/or
banks to maintain custody of your assets (see "Brokerage Practices," below). In addition to trading
commissions, your custodian may charge annual custody fees, fixed income markups and/or other
fees for specific transactions or services. As part of our duty to provide best execution, we carefully
consider the reasonableness of any and all costs imposed by your custodian.

HeadInvest uses a third-party platform to facilitate management of held away assets, where we do
have discretion, and the platform enables us to implement trades in 401(k) and HSA accounts. We are
not affiliated with the third-party platform in any way and receive no compensation from them for using
their platform.

We can and do recommend third parties to provide trustee services when you require them. In such
cases, any additional fees charged by a trustee will be detailed in a separate agreement that you
execute with them.

Financial Planning: HeadInvest's Financial Planning fee is determined based on the nature of the
services being provided and the complexity of each client's circumstances. All fees are agreed upon
prior to entering into a contract with any client.

Our Financial Planning fees are calculated and charged on a fixed fee basis, typically ranging from
$3,000 to $5,000, depending on the specific arrangement reached with the client.

Financial Planning Fee Offset: Firm reserves the discretion to reduce or waive the hourly fee and/or
the minimum fixed fee if a financial planning client chooses to engage us for our Portfolio Management
Services.

The use of Insurance Products in Financial Planning: During consultation with the client regarding
the client's goals and objectives, time horizon, and risk tolerance, HeadInvest may determine that there
is a need to replace, change or add insurance products. Where HeadInvest recommends the need for
insurance, the firm uses an unaffiliated turnkey insurance platform for registered investment advisors
to access commission-free (or no-load) products for clients.

ERISA Accounts: HeadInvest is deemed to be a fiduciary to advisory clients that are employee
benefit plans or individual retirement accounts (IRAs) pursuant to the Employee Retirement Income
and Securities Act ("ERISA"), and regulations under the Internal Revenue Code of 1986 (the "Code"),
respectively. As such, our firm is subject to specific duties and obligations under ERISA and the
Internal Revenue Code that include among other things, restrictions concerning certain forms of
compensation.

Performance-Based Fees and Side-By-Side Management

HeadInvest does not charge performance-based fees (fees based on a share of capital gains on, or
capital appreciation of, the assets of a client).

Item 7 Types of Clients
At HeadInvest, we manage financial assets for individuals, trusts, endowments, foundations, charitable
organizations, government entities, corporations and retirement plans. In order to effectively manage
your assets we recommend a minimum relationship size of $1,000,000. However, where individual
circumstances warrant it, we do make exceptions to this standard. We consider all exceptions on a
case- by-case basis.