IFG Advisors LLC

Item	5	–	Fees	and	Compensation

Investment	Management	Services

Fees charged for discretionary and non discretionary investment management services are
generally charged in arrears and are based on total assets under management according to
the following schedule:

       Market Value of Assets Under Management           Annual Fee

       Up to $1,000,000                                  1.50%

       $1,000,001 - $3,000,000                           0.75%

       Assets over $3,000,000                            0.50%

Fees are generally deducted directly from client accounts on a quarterly basis, but clients
may elect to alternatively pay fees by check or wire transfer.

Services may be terminated at any time by either party with 30 days written notice to the
other party, and fees will be prorated accordingly. Any payments made in advance will be
prorated and refunded to the client.

All management fees paid to IFG are separate and unrelated to any fees or expenses
assessed by mutual funds or exchange traded funds, or to any trade commission charged by
an account custodian. Information pertaining to fund-generated fees and expenses can be
found in mutual fund and exchange traded fund prospectuses.

Investment	Advisory	Services

Fees charged for advisory services may be charged in advance or in arrears depending on
the service provided. Fees are quoted in advance, generally range from .50% to 1.50%
annually and may be negotiable. Fees are based on actual services provided rather than
being based on the level of assets managed as detailed above for investment management
services.

In some cases, fees may be deducted directly from client accounts, but clients generally are
billed directly on a quarterly basis.

Services may be terminated at any time by either party with 30 days written notice to the
other party, and fees will be prorated accordingly. Any payments made in advance will be
prorated and refunded to the client.

All advisory fees paid to IFG are separate and unrelated to any fees or expenses assessed by
any broker, custodian, or other outside party.

Financial	Planning	Services

Fees charged for financial planning services are quoted in advance and charged at a fixed
amount. Quoted fixed fees will be based on the complexity and level of service provided on

a case by case basis. As mentioned above, services may include planning in areas such as
education funding, retirement planning, estate planning, risk management, employee
benefits planning, tax planning, etc. Since each of these areas can vary in complexity
depending on the complexity of the client’s financial situation, cost will vary as well. Fees
are negotiable depending on the circumstances of the engagement, location, etc.

Fees are generally billed directly to the client in arrears, although a portion of which may
be billed in advance.

Services may be terminated at any time by either party with 30 days written notice to the
other party, and fees will be prorated based on the degree to which services have been
completed. Any payments made in advance will be prorated and refunded to the client.

All financial planning fees paid to IFG are separate and unrelated to any fees or expenses
assessed by any broker, custodian, or other outside party.

Retirement	Plan	Services

Fees charged for retirement plan services may be charged in advance or in arrears
depending on the service provided. Fees may be fixed or asset based (not to exceed 1.50%
annually), and are negotiable depending on the complexity of the service. Fee levels
(whether fixed or asset based) are primarily based on actual services to be provided.

Fees may be deducted directly from client accounts on a quarterly basis, or clients may
elect to alternatively pay fees by check or wire transfer. There is a minimum annual fee of
$1,000 per plan.

Services may be terminated at any time by either party with 30 days written notice to the
other party, and fees will be prorated accordingly. Any payments made in advance will be
prorated and refunded to the client.

All retirement plan fees paid to IFG are separate and unrelated to any fees or expenses
assessed by any broker, custodian, or other outside party.

Item	7	–	Types	of	Clients

IFG provides services to individuals, businesses and retirement plans.

For its services, IFG does not require a minimum dollar value in assets for establishing or
maintaining a client’s account, but the firm reserves the right to decline engagements for
various reasons including account size.