JGHendricks Financial Services LLC

Item 5: Fees & Compensation

    Compensation for Our Advisory Services

    Comprehensive Portfolio Management:

    The maximum annual fee charged for this service will not exceed 1.50%. Fees to be assessed will be
    outlined in the advisory agreement to be signed by the client. Annualized fees are billed on a pro-rata
    basis quarterly in advance based on the value of the account(s) on the last day of the previous quarter.
    Fees are negotiable and will be deducted from client account(s). Adjustments will not be made for
    deposits and withdrawals during the quarter. Unless otherwise noted in writing, our firm bills on
    cash and cash equivalents. In rare cases, our firm will agree to directly invoice. As part of this process,
    Clients understand the following:

         a) The client’s independent custodian sends statements at least quarterly showing the market
            values for each security included in the Assets and all account disbursements, including the
            amount of the advisory fees paid to our firm;
         b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
            firm will send an invoice directly to the custodian; and
         c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
            information provided in our statement with those from the qualified custodian will be
            included.

    Financial Planning & Consulting:

    Our firm charges on an hourly or flat fee basis for financial planning and consulting services. The total
    estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
    engagement with the client. The maximum hourly fee to be charged will not exceed $695. Flat fees
    will not exceed $10,000. The fee-paying arrangements will be determined on a case-by-case basis
    and will be detailed in the signed consulting agreement. Our firm will not require a retainer exceeding
    $1,200 when services cannot be rendered within 6 months.

    Retirement Plan Consulting:

    Our Retirement Plan Consulting services are billed a fee based on the percentage of Plan assets under
    management. The total estimated fee, as well as the ultimate fee charged, is based on the scope and
    complexity of our engagement with the client. Fees based on a percentage of managed Plan assets
    will not exceed 1.50%. The fee-paying arrangements for will be determined on a case-by-case basis
    and will be detailed in the signed consulting agreement. Clients will be invoiced directly for the fees.

    Other Types of Fees & Expenses

    Clients will incur transaction charges for trades executed by their chosen custodian. These
    transaction fees are separate from our firm’s advisory fees and will be disclosed by the chosen

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    custodian. Charles Schwab & Co., Inc. (“Schwab”), does not charge transaction fees for U.S. listed
    equities and exchange traded funds.

    Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
    charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
    disclosed in the fund’s prospectus (e.g., fund management fees, distribution fees, surrender charges,
    variable annuity fees, IRA and qualified retirement plan fees, mark-ups and mark-downs, spreads
    paid to market makers, fees for trades executed away from custodian, wire transfer fees and other
    fees and taxes on brokerage accounts and securities transactions). Our firm does not receive a
    portion of these fees.

    Termination & Refunds

    Either party may terminate the advisory agreement signed with our firm for Comprehensive
    Portfolio Management services in writing at any time. Upon notice of termination our firm will
    process a pro-rata refund of the unearned portion of the advisory fees charged in advance at the
    beginning of the quarter.

    Financial Planning & Consulting clients may terminate their agreement at any time before the
    delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
    performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
    Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
    firm.

    Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
    written notice to the other party. Full refunds will only be made in cases where cancellation occurs
    within 5 business days of signing an agreement. After 5 business days from initial signing, either
    party must provide the other party 30 days written notice to terminate billing. Billing will terminate
    30 days after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes
    into account work completed by our firm on behalf of the client. Clients will incur charges for bona
    fide advisory services rendered up to the point of termination (determined as 30 days from receipt
    of said written notice) and such fees will be due and payable.

    Commissionable Securities Sales

    Our firm and representatives do not sell securities for a commission in advisory accounts.

Item 7: Types of Clients & Account Requirements

    Our firm has the following types of clients:
        Individuals and High Net Worth Individuals;
        Trusts, Estates or Charitable Organizations;
        Pension and Profit Sharing Plans;
        Corporations, Limited Liability Companies and/or Other Business Types.

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    Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
    us.