Ketron Financial LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

                Total Assets Under Management          Annual Fees
                All Assets                             Up to 1.30%

KF LLC uses the value of the account as of the last business day of the billing period, after taking
into account deposits and withdrawals, for purposes of determining the market value of the
assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the client’s
advisory agreement. Clients may terminate the agreement without penalty for a full refund of KF
LLC's fees within five business days of signing the Investment Advisory Contract. Thereafter,
clients may terminate the Investment Advisory Contract immediately upon written notice.

Financial Planning & Estate Transition Planning Fees

       Fixed Fees

The rate for creating client financial plans or for estate transition planning is up to $3,500. The
fees are negotiable and the final fee schedule will be attached as Exhibit II of the Financial
Planning Agreement.

Clients may terminate the agreement without penalty, for full refund of KF LLC’s fees, within
five business days of signing the Financial Planning Agreement. Thereafter, clients may terminate
the Financial Planning Agreement with written notice.

Selection of Other Advisers Fees

KF LLC will be compensated via a fee share from the advisers to which it directs those clients.
This relationship will be memorialized in each contract between KF LLC and each third-party
adviser. The fees shared will not exceed any limit imposed by any regulatory agency.

KF LLC may direct clients to Morningstar Managed Portfolio. The annual fee schedule is as
follows:

KF LLC and Morningstar will split the fee charged to the client. The fees split will be described
in the exhibit of the investment advisory contract. Clients will not be charged a fee in excess of
1.35%. These fees are negotiable.

The advisory fee is calculated using the value of the assets in the Account on the last business day
of the prior billing period.

Pension Consulting Services Fees

Asset-Based Fees for Pension Consulting

                Total Assets Under Management          Annual Fee
                All Assets                             Up to 0.25%

KF LLC uses the value of the account as of the last business day of the billing period, after taking
into account deposits and withdrawals, for purposes of determining the market value of the
assets upon which the advisory fee is based.

These fees are generally negotiable and the final fee schedule will be memorialized in the client’s
advisory agreement.

Clients may terminate the agreement without penalty for a full refund of KF LLC's fees within
five business days of signing the Investment Advisory Contract. Thereafter, clients may terminate
the pension consulting agreement immediately upon written notice. KF LLC uses an average of
the daily balance in the client’s account throughout the billing period, after taking into account
deposits and withdrawals, for purposes of determining the market value of the assets upon which
the advisory fee is based.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts with
client's written authorization on a quarterly basis. Fees are paid in arrears. In certain
circumstances we may accept payment for portfolio management fees via check at KF LLC’s
discretion.

Payment of Financial Planning & Estate Transition Planning Fees

Fixed fees are paid via check. Fees are paid 50% in advance and 50% upon delivery of the plan.

Payment of Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts with
client's written authorization on a quarterly basis. Fees are paid in arrears.

Payment of Selection of Other Advisers Fees

Fees for selection of Morningstar Managed Portfolio as third-party adviser are withdrawn
directly from the client's accounts with client's written authorization. Fees are paid quarterly in
advance.

C. Client Responsibility for Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees, brokerage fees,
mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by KF LLC. Please see Item 12 of this brochure regarding broker-
dealer/custodian.

D. Prepayment of Fees

KF LLC collects fees in arrears and in advance. Refunds for fees paid in advance will be returned
within fourteen days to the client via check, or return deposit back into the client’s account.

E. Outside Compensation for the Sale of Securities to Clients

Courtenay Ann Wise and Glen Sherman Calkins are registered representatives of a broker-dealer.
Courtenay Ann Wise is also an insurance agent. In these roles, they accept compensation for the
sale of investment products to KF LLC clients.

1. This is a Conflict of Interest

Supervised persons may accept compensation for the sale of investment products, including
asset-based sales charges or service fees from the sale of mutual funds to KF LLC's clients. This
presents a conflict of interest and gives the supervised person an incentive to recommend
products based on the compensation received rather than on the client’s needs. When
recommending the sale of investment products for which the supervised persons receive
compensation, KF LLC will document the conflict of interest in the client file and inform the client
of the conflict of interest.

2. Clients Have the Option to Purchase Recommended Products from Other
Brokers

Clients always have the option to purchase KF LLC recommended products through other
brokers or agents that are not affiliated with KF LLC.

3. Commissions are not KF LLC's primary source of compensation for advisory
services
...

Item 7: Types of Clients

  KF LLC generally provides advisory services to the following types of clients:

         ❖      Individuals
         ❖      High-Net-Worth Individuals
         ❖      Pension and Profit-Sharing Plans
         ❖      Charitable Organizations

  There is no account minimum for any of KF LLC’s services.