Kompass Kapital Advisors LLC

Item 5 – Fees and Compensation

Fees for Kompass Advisors Services:

      Portfolio Management Services

      Fees charged for discretionary investment management services are negotiated prior to
      the engagement. The firm’s published fee schedule is as follows:

             Assets Under Management                Annual % Fee

             $0 - $250,000                          1.50%

             $250,000 - $2,000,000                  1.25%

             $2,000,000 - $5,000,000                1.00%

             Over $5,000,000                        0.75%

      The firm may also at its discretion impose separate fees for additional advisory or
      planning services provided, but such fees will be disclosed in advance.

      Fees are generally calculated and charged quarterly in advance based on the quarter
      ending balance of assets under management at the end of the preceding quarter (i.e. the
      beginning of the quarter of services). Fees for partial quarters are prorated and adjusted
      based on the number of days assets are under management (e.g. new accounts, terminated
      accounts, cash inflows into an existing account, cash outflows from an existing account,
      etc.). Fees are deducted directly from client accounts except in instances where alternate
      payment is necessary and has been approved by Kompass Advisors.

      Services may be terminated at any time by either party with 30 days written notice to the
      other party, and fees will be prorated accordingly. Any payments made in advance will
      be prorated and any unearned portion will be refunded to the client subject to the notice
      provision above.

      All management fees paid to Kompass Advisors are separate and unrelated to any fees or
      expenses assessed by mutual funds or exchange traded funds. Information pertaining to
      fund-generated fees and expenses can be found in mutual fund and exchange traded fund
      prospectuses. Management fees paid to Kompass Advisors are also separate from any
      platform fee or trade commission charged by an account custodian or broker-dealer,
      although trade commissions may at times be paid by Kompass Advisors at the firm’s

    discretion. Outside manager fees may be included in the quoted fee or may be separate,
    but when separate must be approved by the client in advance. Outside manager fees may
    or may not include trade commissions or other trading costs, depending on the manager
    and platform used. Information about outside manager fees and trading costs can be
    found in the applicable outside manager’s Form ADV Part 2 Disclosure Brochure which
    is available upon request.

    Investment Advisory Services

    Fees charged for non-management advisory services may be charged in advance or in
    arrears depending on the service provided. Fees are negotiated in advance, and generally
    range from .25% to 1.00% depending on the level of complexity of the engagement. Fee
    rates are based on actual services provided rather than being based solely on the level of
    assets managed as detailed above for investment management services.

    Fees are either deducted directly from the client account, billed to another account, or
    billed directly to the client, depending on the engagement.

    Services may be terminated at any time by either party with 30 days written notice to the
    other party, and fees will be prorated accordingly. Any payments made in advance will
    be prorated and any unearned fees will be refunded to the client subject to the notice
    provision above.

    All advisory fees paid to Kompass Advisors are separate and unrelated to any fees or
    expenses assessed by any broker, custodian, or other outside party.

    Financial Planning Services

    Fees charged for financial planning services are quoted in advance and charged at a fixed
    amount or are quoted on an hourly basis. Quoted fixed fees will be based on the
    complexity and level of service provided on a case by case basis. Hourly fees will be
    estimated based on the complexity and level of service provided on a case by case basis.
    As mentioned above, services may include planning in areas such as education funding,
    retirement planning, estate planning, risk management, employee benefits planning, tax
    planning, etc. Since each of these areas can vary in complexity depending on the
    complexity of the client’s financial situation, cost will vary as well. Fees are negotiable
    depending on the circumstances of the engagement, location, etc.

    Fees are generally billed directly to the client in arrears, although a portion of which may
    be billed in advance.

       Services may be terminated at any time by either party with 30 days written notice to the
       other party, and fees will be prorated based on the degree to which services have been
       completed. Any payments made in advance will be prorated and any unearned fees will
       be refunded to the client subject to the notice provision above.

       All financial planning fees paid to Kompass Advisors are separate and unrelated to any
       fees or expenses assessed by any broker, custodian, or other outside party.

       Retirement Plan Services

       Fees charged for retirement plan services may be charged in advance or in arrears
       depending on the service provided. Fees may be fixed or asset based (not to exceed
       1.50% annually) and are negotiable depending on the complexity of the service. Fee
       levels (whether fixed or asset based) are primarily based on actual services to be
       provided.

       Fees are generally due quarterly, and depending on the engagement, may be deducted
       directly at the plan level, may be deducted from individual plan participant accounts, may
       be billed to the plan sponsor, or may be billed to a plan administrator at the request of the
       plan sponsor.
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Item 7 – Types of Clients

Kompass Advisors provides services to individuals, businesses and retirement plans.

For its services, Kompass Advisors does not require a minimum dollar value in assets for
establishing or maintaining a client’s account, but the firm reserves the right to decline
engagements for various reasons including account size.