Integrated Financial Planning Services

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees

           Total Assets Under Management                Annual Fee

                   $1 – 5,000,000                         1.00%

                 Above $5,000,000                          Neg.

These fees are negotiable depending upon the needs of the client and complexity of the
situation, and the final fee schedule is attached as Exhibit II of the Investment Advisory
Contract. Fees are paid quarterly in advance, and clients may terminate their contracts
with sixty days’ written notice.

Refunds are given on a prorated basis, based on the number of days remaining in a quarter
at the point of termination. Fees that are collected in advance will be refunded based on
the prorated amount of work completed up to the day of termination within the quarter
terminated. The fee refunded will be the balance of the fees collected in advance minus
the daily rate* times the number of days in the quarter up to and including the day of
termination. (*The daily rate is calculated by dividing the quarterly AUM fee by the
number of days in the termination quarter). Clients may terminate their contracts without
penalty, for full refund, within 5 business days of signing the advisory contract.

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization.

Hourly Fees

Depending upon the complexity of the situation and the needs of the client, the hourly fee
for these services is between $50 and $250. The fees are negotiable and the final fee
schedule will be attached as Exhibit II of the Financial Planning Agreement. Fees are paid
in arrears upon completion. Because fees are charged in arrears, no refund is necessary.
Clients may terminate their contracts without penalty within five business days of signing
the advisory contract.

B. Payment of Fees

Payment of Investment Supervisory Fees

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. Fees are paid quarterly in advance.

Payment of Financial Planning Fees

Hourly Financial Planning fees are paid via check in arrears upon completion. Because
fees are charged in arrears, no refund is necessary.

C. Clients Are Responsible 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 IFPS. Please see Item 12 of this brochure
regarding broker/custodian.

The Firm may utilize model portfolios provided by third-party asset managers, such as
BlackRock, which are constructed using proprietary investment products (e.g., affiliated
ETFs). In such cases, the third-party provider typically does not charge a separate model
fee but receives compensation through the fees associated with the underlying
investments.

Accordingly, clients indirectly bear these costs through the expense ratios of the
underlying funds. This creates a potential conflict of interest, as the model provider has
an incentive to include its own investment products within the model.

D. Prepayment of Fees

IFPS collects fees in advance and in arrears. Fees that are collected in advance will be
refunded based on the prorated amount of work completed at the point of termination
and the total days during the billing period. Fees will be deposited back into client’s
account within fourteen days.

The fee refunded will be the balance of the fees collected in advance minus the daily rate*
times the number of days in the quarter up to and including the day of termination. (*The
daily rate is calculated by dividing the quarterly AUM fee by the number of days in the
termination quarter).

E. Outside Compensation For the Sale of Securities to Clients

IFPS is a Broker/Dealer and accepts compensation for the sale of securities to IFPS clients.
Additionally, our Investment Advisor Representatives (IARs) may also be Registered
Representatives at our Broker/Dealer and, in their role as Registered Representatives,
accept compensation for the sale of securities.

       1. This is a Conflict of Interest

           The supervised persons will accept compensation for the sale of securities or other
           investment products, including asset-based sales charges or services fees from the sale
           of mutual funds to their clients. This presents a conflict of interest and gives the
           supervised person an incentive to recommend products based on the compensation
           received rather than on the client’s needs. When recommending the sale of securities
           or investment products for which the supervised persons receives compensation, they
           will document the conflict of interest in the client file and inform the client of the
           conflict of interest.

       2. Clients Have the Option to Purchase Recommended Products From Other
          Brokers

           Clients always have the option to purchase IFPS recommended products through
           other brokers or agents that are not affiliated with IFPS.

       3. Commissions are not the Primary Source of Income for this RIA

           Commissions are not IFPS’s primary source of compensation.

       4. Advisory Fees in Addition to Commissions or Markups

           Advisory fees that are charged to clients are not reduced to offset the commissions or
           markups on securities or investment products recommended to clients.

Item 7: Types of Clients

IFPS generally provides investment advice and/or management supervisory services to the
following types of clients:

           ❖ Individuals
           ❖ High-Net-Worth Individuals

Minimum Account Size

There is a $25,000 household investment minimum.