Hillcrest Wealth Advisors - NY LLC

Item 5 Fees and Compensation
Fees for services based on assets under management are calculated as follows:

                FOR INVESTMENT MANAGEMENT ASSETS                                          ANNUAL FEE
                             $0 to $3,000,000                                                1.00%
                         $3,000,001 to $9,000,000                                            0.80%
                        $9,000,001 to $15,000,000                                            0.60%
                            Above $15,000,000                                              Negotiable

                FOR LADDERED BOND PORTFOLIO                                                ANNUAL FEE
                           $0 to $5,000,000                                                   0.30%
                       $5,000,001 to $10,000,000                                              0.25%
                          Above $10,000,000                                                   0.20%

              FOR HELD AWAY INVESTMENT CONSULTATION                                        ANNUAL FEE
                            $0 to $5,000,000                                                  0.30%
                        $5,000,001 to $10,000,000                                             0.25%
                           Above $10,000,000                                                  0.20%

HCWA has a net investable asset minimum of $2,000,000 that may be waived for family members and in other
extenuating circumstances. Fees are negotiable under certain conditions and circumstances. Clients may choose
fixed fee arrangements.

The specific manner in which fees are charged by HCWA is established in each client’s written agreement.
HCWA will generally bill its fees on a quarterly basis. Clients are billed in arrears each calendar quarter based on
the balance at the end of the billing period. Clients may elect to be billed directly for fees or to authorize HCWA
to directly debit fees from client accounts.

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. Combining account values may
increase the asset total, which may result in your paying a reduced advisory fee based on the available
breakpoints in our fee schedule stated above.

HCWA does not have custody of client's funds or securities. It receives written authorization from the client to
have payment of its fees automatically withdrawn from the client's account at the custodian holding the client's
funds. The client receives a disclosure showing the amount of the fee, the value of the client's assets on which the
fee is based, and amounts disbursed.

We encourage you to reconcile our invoices with the statement(s) you receive from the qualified custodian. If

you find any inconsistent information between our invoice and the statement(s) you receive from the qualified
custodian, call our main office number located on the cover page of this brochure.

Advisory fees shall be prorated for each capital contribution and withdrawn during the applicable calendar
quarter. De minimis contributions and withdrawals are typically not taken into consideration in the calculation of
the management fee. Accounts initiated or terminated during a calendar quarter will be charged a prorated fee.

You may terminate the investment management agreement upon written notice. Upon termination of any
agreement and/or account, any prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees
will be due and payable.

Special Projects, Portfolio Reporting, Evaluation and Monitoring
Clients may also request special projects which are independent of asset management services. Such services
include investment portfolio reporting, evaluation, and monitoring. These stand-alone services will be billed at a
rate of $500-$600 per hour. Fees are payable on a quarterly basis on the first day of the quarter. The contract
may be terminated by either party upon thirty days written notice.

Financial Planning Fees
Clients requesting only a financial plan are charged either a fee of $500-$600 per hour, or a fixed fee generally
ranging from $7,500 to $10,000 annually depending on the nature and complexity of the client's circumstances.
Under special circumstances, the fixed fee may be less than $7,500. Clients will receive an estimate of the total
fee prior to services being rendered by HCWA. Hourly and fixed fees are negotiable and payable upon
completion of the financial plan.

You may terminate the financial planning agreement upon thirty days' written notice. If any contract is
terminated, any unearned fees will be promptly refunded to the client, and any earned, unpaid fees will be due
and payable.

Fees to clients for investment advisory services are fully set forth in the Investment Advisory Agreement
executed by the client at the commencement of the advisory relationship. Clients for this service are primarily
individuals who are seeking assistance with investment selections for rollover assets from pension profit sharing
and 401(k) plans, or high-net-worth individuals, executives, and employees of corporations seeking assistance
with investment advisory services for their personal assets.

HCWA’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses
which shall be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, third
party investments and other third parties such as fees charged by managers, custodial fees, deferred sales charges,
odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage
...

Item 7 Types of Clients

HCWA provides investment management, portfolio reporting, and financial planning services to individuals,
high net worth individuals, endowments, and trusts.