Kaizen Financial Advisors LLC

Item 5 – Fees and Compensation
Our Fees
We typically charge an annual asset-based fee for our wealth and portfolio management services and
retirement plan consulting services that is calculated as percentage of the value of your assets under
management. The accounts that will be included for purposes of calculating your assets under management
will be set forth in writing in your IPS at the inception of our relationship and may be adjusted by agreement
of the parties over time. Our advisory fee is based on value of your assets under management as of the last
day of the prior calendar quarter. Our standard annual fee schedule is shown below, however, our fees are
negotiable and some clients may pay fees pursuant to a materially different fee schedule. All advisory fees
are set forth in a written investment advisory agreement entered with the client prior to our rendering of
any investment advisory services.
                 ASSETS UNDER MANAGEMENT                         ANNUAL RATES (%)
                            0 to $2,000,000                              1.00%
                       $2,000,001 to $5,000,000                          0.50%
                       $5,000,001 to $10,000,000                         0.35%
                      $10,000,001 to $25,000,000                         0.25%
                          Above $25,000,000                              0.15%
Advisory fees for these services are payable to us quarterly in advance and are pro-rated for partial billing
periods at the inception and termination of our relationship based on the number of days services are
provided. Unless we notify you otherwise in writing, we will rely on the pricing information provided by
the custodian of your account for purposes of calculating our advisory fees.

At our discretion, we may combine the account values of family members to determine the applicable
advisory fee. For example, we may combine account values for you and your children, siblings, parents,
joint accounts with your spouse, and other types of related accounts. Combining account values may
increase the asset total, which may result in paying a reduced advisory fee.
Where we are engaged for stand-alone financial advice on a limited topic or topics, we may instead charge
hourly fees. Administrative type services (e.g., bookkeeping and organizational tasks) are billed at $250
per hour. Higher level financial consulting tasks are billed at $400 per hour for a staff investment advisor
representative and $500 per hour for Laurie Klein. We will bill these fees to you by traditional invoicing
in arrears, with all fees payable by check (or other form of payment deemed acceptable by Kaizen) upon
delivery of our invoice for services rendered.
Direct Fee Deduction
You will be required to authorize Kaizen in writing (typically on the custodian’s preferred forms and in our
written investment advisory agreement) to deduct its advisory fees directly from your account held at the
independent qualified custodian. Your custodian will independently send you an account statement monthly
or quarterly identifying the amount of funds and each security held in your account at the end of the period
and setting forth all transactions in your account during the period, including the amount of any advisory
fees paid to Kaizen. Your custodian is not responsible to verify the accuracy of our advisory fee
calculations. Therefore, we encourage you to review the custodian’s account statements carefully upon
receipt. If you believe our advisory fees have been miscalculated or if there is any other issue with your
account, you should contact us immediately at the phone number listed on the cover page of this brochure.
In the unlikely event you do not have an account directly managed by us, we will bill you by traditional
invoice and you will be required to pay our fees by check or other form of payment deemed acceptable by
Kaizen. Where we directly invoice you for our advisory fees, all such fees are due and payable upon
presentation of our invoice.
Other Fees and Expenses
Our advisory fees cover the costs of our investment advice, including the time we expend working with
your other professional advisors (e.g., certified public accountants and attorneys) in identifying solutions
and in the development of appropriate documents. Any fee charged by your other professional advisors is
separate from, and in addition to, the fees charged by Kaizen.
Our fees are exclusive of brokerage commissions, transaction fees, wire costs, and other related costs and
expenses which will be incurred by the client. They also do not include the fees separately charged by DFA
for services related to direct indexing or any of the internal fees and charges related to a client’s participation
in any exchange funds. Mutual funds and exchange-traded funds also charge internal management fees and
other expenses which are disclosed in a fund’s prospectus. You will separately bear these internal fund-
level fees and expenses.
We do not share in any portion of the foregoing additional fees and expenses. To fully understand the total
costs you will incur when engaging our services, you should review the disclosure brochure or prospectus
of each mutual fund, ETF, REIT, and/or other pooled investment vehicle in which you invest and the
contractual arrangement entered with your custodian.
Termination Policy
Clients will have a period of five (5) business days from the date of entering into a written investment
advisory agreement with our firm to terminate the agreement and receive a full refund of any fees paid.
Thereafter, either Kaizen or the client may terminate the Agreement(s) by providing written notice of
termination to the other party. Any unearned advisory fees paid in advance will be returned to the client on
a pro-rata basis based on the number of calendar days services were provided to the client during the final
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Item 7 – Types of Clients
We offer our advisory services to individuals, high-net-worth individuals, qualified retirement plans, non-
profit organizations, and other business entities. We do not require a minimum account size to commence
an advisory relationship. However, Kaizen charges new clients a minimum fee of $7,500 per year for its
services, which fee is billed quarterly at a rate of $1,875 per quarter. Legacy clients may pay lower fees in
accordance with their existing investment advisory agreements with our firm. We also may waive our
minimum annual fee in some circumstances.