Investor Advisory Group LLC

Item 5 Fees and Compensation
General Fee Information
Fees paid to IAG are exclusive of all custodial and transaction costs paid to the client's custodian, brokers
or other third party consultants. Please see Item 12 - Brokerage Practices for additional information.
Fees paid to IAG are also separate and distinct from the fees and expenses charged by mutual funds,
ETFs (exchange traded funds) or other investment pools to their shareholders (generally including a
management fee and fund expenses, as described in each fund's prospectus or offering materials). A
complete picture of all the fees paid by the client may be obtained by reviewing all fees charged by funds,
brokers, IAG and others.

Portfolio Management Fees
The annual fee schedule, based on a percentage of assets under management, is as follows:

First $500,000                     0.75%
Next $500,000                      0.60%
Next $1,000,000                    0.50%
Balance over $2,000,000            0.25%

The minimum portfolio value is generally set at $250,000 which may be waived at our discretion. IAG
may, at its discretion, make exceptions to the foregoing or negotiate special fee arrangements where
IAG deems it appropriate under the circumstances. In certain circumstances IAG may also negotiate a
flat fee at our discretion for portfolio management services with certain clients.

Portfolio management fees are generally payable quarterly, in advance. If management begins after the
start of a quarter, fees are prorated accordingly. With client authorization and unless other arrangements
are made, fees are normally debited directly from client account(s).

Either IAG or the client may terminate their Investment Management Agreement at any time, subject to
any written notice requirements in the agreement. In the event of termination, any paid but unearned
fees will be promptly refunded to the client based on the number of days that the account was managed,
and any fees due to IAG from the client will be invoiced or deducted from the client's account prior to
termination.

General Consulting Fees
Fees for services outside of portfolio management are generally negotiated separately at the time of the
engagement for such services, and are normally based on an hourly or fixed fee basis. Hourly fees range
from $50 to $150 per hour, depending on the scope of the project. Such fees are normally due at the
completion of the work.

Item 7 Types of Clients
IAG serves individuals, pension and profit-sharing plans, trusts, and estates. With some exceptions, the
minimum portfolio value eligible for conventional investment advisory services is $250,000. Under certain
circumstances and in its sole discretion, IAG may negotiate such minimums.