Jacobi Capital Management LLC

Item 5 – Fees and Compensation

Jacobi Capital Management LLC Advisory Services Offered
Our Investment Advisory Services are offered for an annual fee, based on a percentage of the
assets under management. The annual fee is negotiable.

The billing of management fees will be dependent on the custodian utilized for the client
accounts. For clients who custody assets through LPL, management fees are billed and paid in
advance of the quarter and come due on the first day of the calendar quarter of the stated
billing cycle based on an account’s asset value as of the last business day of the prior quarter.
Management fees will be prorated for accounts opened in the course of the quarter, with
consideration for any deposits or withdrawals in the course of the quarter given at the time of
the next billing date. For clients who custody assets through Schwab, management fees are
billed and paid in advance of the month and come due on the first day of the calendar month
of the stated billing cycle based on an account’s average daily balance of the prior month.
Management fees will be prorated for accounts opened in the course of the month, with
consideration for any deposits or withdrawals in the course of the month given at the time of
the next billing date.

Our annualized fees are as follows:
                                         Annualized Fees
               From                     To                           Per Year
               $100,000                 $1,000,000                   Fees up to 1.5%
               $1,000,001               $5,000,000                   Fees up to 1.25%
               Over $5,000,000                                       Fees up to 1.00%

As indicated in our advisory agreement with you, two options are available to you to pay for our
services. You must opt out of direct debiting by executing the appropriate paperwork. Direct
debiting will be the default payment arrangement:

   1. Direct Debiting (preferred):

           a. LPL Accounts: At the inception of the relationship and each quarter thereafter,
              our custodian LPL Financial will calculate the amount of the fee due and
              payable to us. The custodian bases its calculation on the account assets as
              described above and the executed account application on which the fee is
              stated. They will “deduct” the fee from the applicable account(s).

               Each month, you will receive a statement directly from LPL showing all
               transactions, positions and credits / debits into or from your account; the
               statements after the applicable quarterly billing cycle end will reflect these
               transactions, including the advisory fee paid by you to us.

                       Jacobi Capital Management, LLC    A Registered Investment Adviser
                                        Form ADV Part 2A, Appendix 1
                                            Wrap Fee Brochure

           b. Schwab Accounts: At the inception of the relationship and each month
              thereafter, our firm will calculate the amount of the fee due and payable to us.
              We base the calculation on the account assets as described above and the
              executed account agreement on which the fee is stated. We will then instruct
              Schwab to “deduct” the fee from the applicable account(s).

               Each month, you will receive a statement directly from Schwab showing all
               transactions, positions, and credits / debits into or from your account; the
               statements after the applicable monthly billing cycle end will reflect these
               transactions, including the advisory fee paid by you to us.

   2. Pay-by-Check: At the inception of the account and each billing period thereafter, we
      issue you an invoice for our services and you pay us by check or wire transfer within 15
      days of the date of the invoice. You must complete the necessary paperwork to use this
      option.

An advisory client will have a period of five (5) business days from the date of signing the
investment management agreement to unconditionally rescind the agreement and receive a
full refund of all fees paid. Thereafter, either party may terminate the agreement with 30 days’
written notice. Any accounts closed within the billing period will receive a refund of any billed
and unused fees.

Third-Party Sponsored Services Offered
JCM receives compensation as part of a client agreement with a third-party program, typically
sponsored through LPL Financial. Any compensation received by JCM will be referenced in the
Investment Advisory Agreement executed by JCM and the client. Fees applicable to the third-
parties involved will be pursuant to agreements with the third parties, as part of any account
opening documents.

Third-party compensation is disclosed to the client in a separate disclosure document and is
typically equal to a percentage of the investment advisory fee charged by that third -party.

For more information regarding the LPL programs, including more information on the advisory
services and fees that apply, the types of investments available in the programs and the
potential conflicts of interest presented by the programs, please see LPL’s Form ADV program
Brochure or the applicable program’s brochure and the applicable client agreement.

The account fee charged to the client for each LPL advisory program is negotiable and payable
quarterly in advance.

LPL serves as program sponsor, investment adviser and broker-dealer for the LPL advisory
programs, excluding GWP. In the Managed Service of GWP, LPL is appointed by each client as
custodian of account assets and broker-dealer with respect to processing securities transactions

                       Jacobi Capital Management, LLC    A Registered Investment Adviser
                                        Form ADV Part 2A, Appendix 1
...

Item 7 – Types of Clients

We provide our investment advisory and financial planning and consulting services to
individuals (including high net worth individuals), pensions and retirement plans, trusts, estates,
charitable organizations, corporations or other business entities and state or municipal
government entities.

JCM requires a minimum of $100,000 to establish a new advisory account; however, the
minimum may be waived at the sole discretion of the Adviser. In addition, JCM may continue
to service existing accounts that have values that are below the minimum. Accounts are
generally not subject to a minimum fee per year. If an account falls below $100, no further fees
will be charged.

The minimum account size for the Manager Access Select program is generally $50,000. The
minimum account size for the Optimum Market Portfolios program is generally $10,000. The
minimum account size for Model Wealth Portfolios is $25,000. The minimum account size for
the Guided Wealth Portfolios program is generally $5,000. In certain instances, higher or lower
minimums may apply. Additionally, third-party advisers may require a minimum account size
based on the product selected, details of which will be provided in each of the third-party
advisers’ Form ADV Part 2.

                       Jacobi Capital Management, LLC A Registered Investment Adviser
                                             Form ADV Part 2A