Impact Capital LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management                Annual Fees
        $0 - $2,500,000                              1.00%

        $2,500,001 - $5,000,000                      0.75%

        $5,000,000 - And Up                          $0.50%

The advisory fee is calculated using the value of the assets in the account on the last
business day of the prior billing period. Since IC uses the value of the assets in the account
(assets under management), if and when IC uses margin accounts, (1) clients will pay
additional fees for securities bought on margin as compared with a fee charged only the
net value of an account and (2) IC has a conflict of interest because of this comparatively
increased advisory fee.

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 IC'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

The rate for pension consulting services is 0.50% of the plan assets for which IC is
providing such consulting services. These fees are negotiable.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is $400 per hour.

Clients may terminate the agreement without penalty, for full refund of IC’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Asset-based portfolio management fees are withdrawn directly from the client's accounts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, or may be invoiced and billed
directly to the client on a quarterly basis. Clients may select the method in which they are
billed. Fees are paid in advance.

   For fees deducted directly from client accounts, in states that require it, IC will use the
   safeguards below:

   1. IC will have written authorization from the client to deduct advisory fees from the
      account held with a qualified custodian.
   2. The custodian will send statements, at least quarterly, to the client showing all
      disbursements for the custodian account, including the amount of the advisory
      fees.
   3. Each time a fee is deducted IC will send the qualified custodian notice of the
      amount of the fee to be deducted and will also send the client an invoice
      itemizing the fee including the formula used to calculate the fee, the amount of
      assets under management upon which the fee is based, and the period covered
      by the fee.

Payment of Pension Consulting Services Fees

Pension consulting fees are withdrawn directly from the client’s accounts with client’s
written authorization or may be invoiced and billed directly to the client and clients may
select the method in which they are billed. Fees are paid quarterly.

       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.

       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 IC. Please see Item 12 of this brochure
       regarding broker-dealer/custodian.

       D. Prepayment of Fees

       IC 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 IC nor its supervised persons accept any compensation for the sale of securities
       or other investment products, including asset-based sales charges or service fees from the
       sale of mutual funds.

Item 7: Types of Clients

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

       ❖      Individuals
       ❖      High-Net-Worth Individuals

There is an account minimum of $750,000, which may be waived by IC in its discretion.