HOFF Brothers LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Assets Under Management                    Annual Fees
        $0 - $1,000,000                            1.00%

        $1,000,001 - $2,000,000                    0.80%

        $2,000,001 - $5,000,000                    0.60%

        $5,000,001 - $10,000,000                   0.40%

        $10,000,001 - $25,000,000                  0.25%

        $25,000,001 +                              0.15%

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period.

Upon termination, if there are any unearned asset-based fees paid in advance, the fee
refunded will be equal to the balance of the fees collected in advance minus the daily rate*
times the number of days elapsed in the billing period up to and including the day of
termination. (*The daily rate is calculated by dividing the annual asset-based fee rate by
365.)

These fees are generally negotiable, and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of HPW's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 30 days' written notice.

Pension Consulting Services Fees

Asset-Based Fees for Pension Consulting

         Assets Under Management                               Annual Fee
         $0 - $2,000,000                                       0.50%

         $2,000,001 - $10,000,000                              0.25%

         $10,000,001 - $25,000,000                             0.15%

         $25,000,001 +                                         0.10%

The advisory fee is calculated using the average daily account value of the assets from the
most recent period. The one exception is Cash Balance Plans custodied at Schwab, which
are calculated using the account value of the assets from the last day of the most recent
quarter.

Upon termination, if there are any unearned asset-based fees paid in advance, the fee
refunded will be equal to the balance of the fees collected in advance minus the daily rate*
times the number of days elapsed in the billing period up to and including the day of
termination. (*The daily rate is calculated by dividing the annual asset-based fee rate by
365.)

*This fee structure does not include SEP IRA and Solo 401(k) Plans. For SEP IRA and Solo 401(k) Plans,
please see “Investment Advisory Contract” for individual accounts.

These fees are generally negotiable, and the final fee schedule will be memorialized in the
client’s advisory agreement.

Clients may terminate the agreement without penalty for a full refund of HPW's fees
within five business days of signing the pension consulting agreement. Thereafter, clients
may terminate the pension consulting agreement generally with 30 days' written notice.

Financial Planning Fees

Clients paying Portfolio Management Fees may receive Financial Planning at no
additional charge. Clients who do not want ongoing Portfolio Management Fees and
services may pay for Financial Planning through Fixed Fees or Hourly Fees.

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $2,000 and $10,000.

Hourly Fees

The negotiated hourly fee for these services is between $200 and $500.

Clients may terminate the agreement without penalty, for full refund of HPW’s fees,
within five business days of signing the Financial Planning Agreement. Thereafter, clients
may terminate the Financial Planning Agreement generally upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in advance.

Payment of Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts
with client's written authorization on a monthly or quarterly basis. Fees may be billed
directly to the Plan Sponsor upon special request from the Plan Sponsor. Fees are paid in
advance or in arrears.

Payment of Financial Planning Fees

Financial planning fees are paid via check and wire.

Fixed financial planning fees are paid 50% in advance, but never more than six months in
advance, with the remainder due upon presentation of the plan.

Hourly financial planning fees are paid in arrears upon completion.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by HPW. Specifically, the SEC and FINRA
each have a small fee per security sale, and some mutual fund share classes that were
purchased elsewhere may charge $25 or $45 to exit a position. Please see Item 12 of this
brochure regarding broker-dealer/custodian.

D. Prepayment of Fees

HPW generally collects fees in advance. Refunds for fees paid in advance but not yet
earned will be refunded on a prorated basis and returned within fourteen days to the
client via check, or return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
the fees collected in advance minus the daily rate* times the number of days elapsed in

       the billing period up to and including the day of termination. (*The daily rate is calculated
       by dividing the annual asset-based fee rate by 365.)

       Fixed fees that are collected in advance will be refunded based on the prorated amount of
       work completed at the point of termination.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither HPW nor its supervised persons accept any compensation for the sale of
...

Item 7: Types of Clients

HPW generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations or Business Entities
       ❖      Foundations and other Charitable Entities

The account minimum for HPW services is $500,000. HPW reserves the right to make exceptions.