Koesten Hirschmann & Crabtree Inc

Item 5 – Fees and Compensation
Aspyre Wealth Partners offers its services on a fee basis, which may include hourly fees, fixed fees, as
well as fees based upon assets under management or investable net worth (as defined below under
“Comprehensive Financial Planning Fee”).

Comprehensive Financial Planning and Advisory Services Fee
For those clients with an investable net worth of less than $500,000 or younger than 40 years old,
Aspyre Wealth Partners provides comprehensive financial planning, including investment advisory
services. The fee for these services is comprised of three components: (1) an initial fee of up to $2,000
for our Financial Planning Services, (2) a monthly fee in advance on the 5th of each month of $100 - $200
for continued Financial Planning Services, and (3) an annual fee of 1% of the market value of the
Portfolio for our Advisory Services, payable quarterly in advance. The Advisory Fee is calculated as a
percentage of the market value of the Portfolio on the last day of the immediately preceding calendar
month. The first installment of the monthly Planning Fee and the quarterly Advisory Fee is due and
payable the month of written acceptance of the agreement. Aspyre Wealth Partners’ annual fee is
exclusive of, and in addition to transaction fees and other related costs and expenses which are incurred
by the client. Aspyre Wealth Partners does not, however, receive any portion of these transaction fees
and costs.

Aspyre Wealth Partners’ fees for Financial Planning and investment advisory services are subject to
change at any time upon Aspyre Wealth Partners’ written notice to a client. Following such notice, a
client will be deemed to have approved such change in fees unless he or she sends a written notice of
objection to Aspyre Wealth Partners within 30 days.

Comprehensive Financial Planning and Investment Management Fee
For those clients with an investable net worth of more than $500,000 or older than 40 years old, Aspyre
Wealth Partners provides comprehensive financial planning (including investment management
services, or investment management services alone (without financial planning services) for an annual
fee based respectively upon a percentage of the client’s investable net worth or the market value of the
assets being managed by Aspyre Wealth Partners. Aspyre Wealth Partners’ annual fee is exclusive of,
and in addition to transaction fees and other related costs and expenses which are incurred by the
client. Aspyre Wealth Partners does not, however, receive any portion of these transaction fees and
costs.

Comprehensive Financial Planning Fee
For Comprehensive Financial Planning services, Aspyre Wealth Partners may charge clients based upon a
percentage of their investable net worth, which is equal to a client’s total assets minus personal use
assets minus investment debt. The total fee is calculated by applying a fee schedule rate to the client’s
investable net worth. The total fee is then bifurcated into (1) an asset management fee component and
(2) a financial planning fee component. The asset management fee component is calculated as a
percentage of the market value of the portfolio assets under management as described below in
“Investment Management Services.” The asset management fee component is billed quarterly, in
advance, based on the value of the portfolio on the last day of the preceding quarter. Thus, the asset
management fee component may vary with changes in the portfolio value. The financial planning fee
component is a fixed fee that is determined ordinarily by subtracting the estimated annual asset

management fee from the total fee. However, in certain instances, a client’s portfolio assets under
management may constitute all or a substantial portion of the client’s investable net worth such that
the asset management fee component would nearly replicate the total fee. In such instances, Aspyre
Wealth Partners imposes a minimum financial planning fee component. Please see Item 7 below for
detailed information about minimum fees for our Comprehensive Financial Planning services. The
financial planning fee is also billed quarterly, in advance.

The client’s investable net worth is determined annually by Aspyre Wealth Partners. Under this fee
arrangement, there is a conflict of interest in that the valuation is not independently determined.
Aspyre Wealth Partners has a fiduciary duty to act in the best interest of its clients and will discuss the
valuation methodology used to determine the client’s investable net worth and portfolio value at the
client’s request. The annual total fee rate is subject to change with written notice, but generally varies
(between 0.50% and 1.20%) depending upon the investable net worth as follows:

                  INVESTABLE NET WORTH                           BASE FEE
                  First $500,000                                 1.20%
                  $500,001 to $1,000,000                         1.00%
                  $1,000,001 to $5,000,000                       0.80%
                  $5,000,001 to $10,000,000                      0.60%
                  Above $10,000,000                              0.50%

Investment Management Services
Clients can also engage Aspyre Wealth Partners to provide investment management services without
any of the additional services discussed in the Comprehensive Planning section, above. Aspyre Wealth
Partners’ annual fee for investment management services alone is based upon the market value of the
portfolio assets on the last day of the preceding quarter. If your portfolio assets under management are
valued at less than $250,000, we may impose a minimum annual investment management fee of
$3,000. The investment management fee is billed quarterly, in advance and will be prorated for any
partial period in which services are provided. The annual fee rate is subject to change with written
...

ITEM 7 – TYPES OF CLIENTS
Aspyre Wealth Partners provides its services to individuals, high net worth individuals, trusts, estates,
and other business entities.

Minimum Fee
For those clients with an investable net worth of more than $500,000 or older than 40 years old, Aspyre
Wealth Partners generally imposes a minimum annual total fee of $7,000 for Comprehensive Financial
Planning services, which includes a minimum annual financial planning fee component of $4,000. This
minimum fee may have the effect of making Aspyre Wealth Partners’ service impractical for clients that
are older than 40 with less than $300,000 in investable net worth. For those clients with less than
$250,000 in investable net worth, the firm charges a minimum fee of $3,000 that, in conjunction with
the minimum financial planning fee of $4,000, results in the computation of the $7,000 minimum total
annual fee. For Investment Management Services only, Aspyre Wealth Partners may impose a minimum
annual investment management fee of $3,000 for those portfolio assets under management valued at
less than $250,000. Aspyre Wealth Partners does not impose a minimum annual fee for its fixed/hourly
financial planning and consulting services that fall outside of the Comprehensive Financial Planning
services.

Aspyre Wealth Partners, in its sole discretion, may waive its minimum annual fees based upon certain
criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount
of assets to be managed, related accounts, account composition, pre-existing client, account retention,
and pro bono activities.