Investment Management & Planning LLC

Item 5 – Fees and Compensation

Asset Management

The specific manner in which fees are charged by the firm is established in a client’s written
agreement between the client and Investment Management & Planning – up to 2.5% of assets
under management. Clients can determine to engage the services of Investment Management
& Planning on a discretionary or non-discretionary basis. The firm’s annual investment
advisory fee shall be based upon a percentage (%) of the market value and type of assets placed
under the firm’s management to be charged quarterly in advance, and Investment Management
& Planning representatives may at their discretion negotiate a fee not to exceed 2.5%.

The client is made aware of the following:

   a) Your independent custodian sends statements at least quarterly to you showing the
      market values for each security included in the Assets and all disbursements in your
      account including the amount of the advisory fees paid to us;

   b) You provide authorization permitting us to be directly paid by these terms.

The fees Investment Management & Planning retains are exclusive of, and in addition to,
brokerage fees, transaction fees, and other related costs and expenses, which may be incurred by
the client. However, Investment Management & Planning shall not receive any portion of these
commissions, fees, and costs.

In cases where LPL is the custodian, LPL is responsible for calculating and deducting
advisory fees from client accounts held at LPL. Client will provide LPL with written
authorization to deduct fees and pay the advisory fees to Investment Management & Planning.
The advisory fee is paid directly by LPL to the Investment Management & Planning firm (not
the individual). The firm will then share the advisory fee with its advisors/associated persons.
Investment Management & Planning may instead to elect a custom billing method where LPL
is provided instructions to pay fees based on the fee calculations of Investment Management &
Planning.

If the advisory agreement is terminated before the end of the quarterly period, client is entitled
to a pro-rated refund of any pre-paid quarterly advisory fee based on the number of days
remaining in the quarter after the termination date.

LPL Financial Sponsored Advisory Programs:

The account fee charged to the client for each advisory program is negotiable, subject to a
maximum of 2.5%.

Account fees are payable quarterly in advance if processed by LPL. If a custom billing option
is elected, fees may be paid in advance or in arrears as agreed. Clients may terminate the
agreement without penalty for a full refund of RIA’ 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.

Fees for customized and participant advisory services are typically based on the value of assets
under management and will vary by engagement. The amount of the fee will be set out in the
client agreement executed by the client at the time the relationship is established. The advisory
fee is negotiable between the investment advisor representative and the client and is payable in
advance as described in the client agreement.

Financial Planning & Consulting Fees

The Adviser charges clients an hourly fee for financial planning and consulting services.

Clients are billed at the rate of $175 an hour. Fees are negotiable based on the complexity and
ranges of services provided.

The Adviser provides clients with an estimate of the amount of time a financial plan or project
will take and upon signing an agreement a deposit of 50% of the estimated fee May be required.
The balance would be due upon delivery of the financial plan or completion of the project.
Clients may elect to be billed in arrears in these cases fees are due and payable upon completion
of the plan or project.

If clients elect to implement recommendations made in a financial plan, their accounts may
incur transaction costs, retirement plan administration fees, and other mutual fund annual
expenses that are charged by broker-dealers, plan administrators or mutual fund companies that
sell securities or provide additional services to Adviser clients. These fees are in addition to
and separate from planning and consulting fees.

The Adviser considers fees for financial planning or a consulting project to be earned as
progress is realized toward creation of the plan or completion of the service. Under no
circumstances will the Adviser earn fees in excess of $1,200 more than six months in advance
of services rendered.

Clients will have a period of five (5) business days from the date of signing an agreement to

unconditionally rescind the agreement and receive a full refund of all fees. Thereafter, either
party may terminate the agreement prior to delivery of the plan or completion of the services
with written notice. Upon termination, the Adviser will prorate fees to the date of termination
and will refund any unearned portion of the fee.

Retirement Plan Consulting

The fee for Retirement Plan Consulting will not exceed 2% of plan assets under management.
The total estimated fee, as well as the ultimate fee that we charge you, is based on the scope and
complexity of our engagement with you. The fee-paying arrangement for Retirement Plan
Consulting will be outlined in a separate agreement.

Other Types of Fees & Expenses

In accordance with the above, all fees paid to Investment Management & Planning for
investment advisory services are separate and distinct from the expenses charged by mutual
funds and ETFs to their shareholders, if applicable. These fees and expenses will generally be
used to pay management fees for the funds, other fund expenses, account administration (e.g.,
custody, brokerage and account reporting), and a possible distribution fee. A Client may be able
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Item 7 – Types of Clients

The advisory services offered by Investment Management & Planning are available for
individuals, individual retirement accounts (“IRAs”), banks and thrift institutions, pension and
profit-sharing plans, including plans subject to Employee Retirement Income Security Act of
1974 (“ERISA”), trusts, estates, charitable organizations, state and municipal government
entities, corporations and other business entities.

However, the firm generally provides investment advice to individuals and high net worth
individuals. The firm is currently not working with other types of clients or pursuing them as
prospects but would not turn away any opportunities that may arise.