Horst & Graben Wealth Management LLC

Item 5 – Fees and Compensation

A    In consideration for our services, Clients pay us a fee quarterly in advance, with payment due
     within 10 days from the date of the invoice. The fee will be equal to the agreed upon rate per
     annum, multiplied by the market value of assets in the account on the last business day of the
     previous quarter, then times the numbers of days in the quarter, divided by the number of days
     in a year. The market value will be construed to equal the sum of the values of all assets in the
     account, not adjusted by any margin debit.

     Compensation to us for our services will be calculated in accordance with fees set-forth in
     “Schedule A” of the Investment Advisory Agreement, which is entered into with each Client
     when we begin our professional relationship.

     STANDARD ADVISORY FEE SCHEDULE

                                            Schedule A

                  Assets Under Management                   Maximum Fee
                 $25,000 - $99,999                             1.60%
                 $100,000 - $249,999                           1.40%
                 $250,000 - $499,999                           1.375%
                 $500,000 - $749,999                           1.25%
                 $750,000 - $1,249,999                         1.00%
                 $1,250,000 - $1,999,999                        .90%
                 $2,000,000 - $4,999,999                        .75%
                 $5,000,000 - $24,999,999                       .60%
                 $25,000,000 and above                          .40%

                       HORST & GRABEN WEALTH MANAGEMENT, LLC
                               Part 2A of Form ADV – Firm Brochure

    The minimum annual fee for investment management services is $400.

    FINANCIAL PLANNING FEES

    We generally charge a fixed fee to provide clients with standalone financial planning services.
    These fees are largely determined by the time involved in producing the plan, the scope and
    complexity of the plan, and the range of services provided. Generally, we charge a fixed fee of
    $2,000 for the initial plan, plus $400 for each additional scenario, $400 for investment reviews,
    $400 for budget review, and $200 for a thorough debt reduction plan. The specific terms and
    fee structure are negotiated in advance and set forth in an Agreement with us. Generally, we
    require one-half of the financial planning fee upon execution of the Agreement and the balance
    due at the time the financial plan is delivered or the underlying services are rendered to
    completion.

    EDUCATIONAL WORKSHOPS/CLASSES

    Horst & Graben charges fees for educational classes based on the scope of information
    covered, number of class sessions, and cost of handouts or other information that the advisory
    representative(s) provide to attendees.

    While our fee includes the time and activities necessary to work with the Client’s attorney
    and/or accountant in reaching agreement on solutions, as well as assisting those third parties
    in implementation of all appropriate documents, we are not responsible for attorney or
    accountant fees charged to the Client as a result of the above activities.

    Clients are encouraged to review their plans on a regular basis, based on individual
    circumstances.

    Our fees are generally negotiable.

B   Fees are debited directly from the Client’s account by the custodian upon submission of an
    invoice to the custodian indicating the account number and amount of fees to be paid. The
    Advisor also sends fee invoices to investment management clients at the beginning of each
    quarter. Clients should carefully compare their fee invoices against the account statements
    received from the custodian to verify that the fee is correctly calculated based on assets reported
    in the custodial statement. Payment of fees may result in the liquidation of Client’s securities if
    there is insufficient cash in the account. Any fees not debited directly from a Client’s account
    or paid at the time of service will be invoiced and are payable upon receipt of the invoice.

    Financial Planning fees will be paid with one-half of the anticipated project cost due upon
    project commencement. The remaining balance is due upon delivery of the plan. A late charge
    of 1½ percent per month will be charged upon any balance unpaid within one month of the
    invoice date.

C   In addition to Horst & Graben’s annual management fee, investment management clients may
    also have to pay other costs that unaffiliated third parties charge for their services. These costs
    include, but are not limited to: custodial fees; brokerage commissions; transaction fees; charges

                          HORST & GRABEN WEALTH MANAGEMENT, LLC
                                  Part 2A of Form ADV – Firm Brochure

       imposed directly by a mutual fund, index fund, or exchange traded fund (“ETF”); wire transfer
       fees; and other fees and taxes on brokerage accounts and securities transactions. Horst &
       Graben does not share in any portion of the brokerage fees/transaction charges imposed by
       the unaffiliated third party.

D      Clients have the right to terminate an Investment Advisory Agreement (“IAA”) or Financial
       Planning Agreement (“FPA”) without penalty within five business days after entering into the
       contract. The IAA or FPA may otherwise be terminated at any time by either party by providing
       30 days prior written notice to the other party as set forth in the agreements. The market value
       will be construed to equal the sum of the values of all assets in the account, not adjusted by
       any margin debit. All custodial termination and transfer fees, if any, assessed by Custodian will
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Item 7 – Types of Clients

         We provide investment advice to the following types of Clients:
             Individuals
             Pension and Profit Sharing Plans
             Trusts, Estates or Charitable Organizations
             Corporations and other Business Entities

                          HORST & GRABEN WEALTH MANAGEMENT, LLC
                                 Part 2A of Form ADV – Firm Brochure

      The minimum account size is generally $500,000. Horst & Graben, at its sole discretion, may
      accept clients with smaller accounts based on criteria such as the client’s potential to increase
      future earnings and/or assets, the composition of the client’s portfolio, if the client has any
      related accounts, and if the client and the Advisor have a pre-existing relationship. Horst &
      Graben may combine the portfolios of family members to meet the minimum account size.

      Horst & Graben will only accept an account that is below $500,000 if it believes that the smaller
      account size does not significantly increase the investment risk beyond the client’s stated risk
      objective.

      If an account falls below the $500,000 minimum after it was opened, Horst & Graben may
      terminate the account at its sole discretion. If Horst & Graben decides to keep the account,
      the minimum annual fee is $400.

      The minimum charge for a financial plan is $2,000.