Kozak & Tripp Private Asset Management Inc

ITEM 5 - FEES AND COMPENSATION
Investment Management Fees and Compensation
Our Firm charges a fee as compensation for providing Investment Management services
on your account. These services include advisory services, trade execution, investment
supervision, and other account-maintenance activities. Our custodian charges transaction
costs, custodial fees, redemption fees, retirement plan and administrative fees or
commissions. See Additional Fees and Expenses below for additional details.

The fees for investment management are based on an annual percentage of assets under
management and are applied to the account asset value on a pro-rata basis and billed
quarterly in advance, as outlined in the Investment Management Agreement. The
quarterly advisory fees will be based on the average daily balance of the account as
reported by our third-party billing software which the values directly from the Custodian.

Our maximum investment advisory fees as a percentage of assets under management is
1.50%. The specific advisory fees are set forth in your Investment Advisory Agreement.

We may negotiate a lower advisory fee or have the right to waive the minimum fee. Fees
may vary based on the size of the account, complexity of the portfolio, extent of activity in
the account or other reasons agreed upon by us and you as the client. In certain
circumstances, our fees and the timing of the fee payments may be negotiated.

You should be made aware that each account generally receives an individualized fee
schedule with discounts for greater assets under management. However, these discounts
(i.e., breakpoints) can only be achieved on an account-by- account basis. Total assets
across different accounts managed by KTPAM are not aggregated in order to achieve the
breakpoint discounts. Only individual accounts can trip the breakpoints.

The independent qualified custodian holding your funds and securities will debit your
account directly for the advisory fee and pay that fee to us. You will provide written

                             Kozak & Tripp Private Asset Management, Inc.
                    1805 Shea Center Drive Suite 220 Highlands Ranch Colorado 80129
                                        FORM ADV 2A Brochure

authorization permitting the fees to be paid directly from your account held by the
qualified custodian. At our discretion, you may pay the advisory fees directly to our Firm by
check. Further, the qualified custodian agrees to deliver an account statement to you on
a quarterly basis indicating all the amounts deducted from the account including our
advisory fees.

Either party giving written notice to the other may cancel the Investment Advisory Agree-
ment at any time for any reason. Notice given by the client shall be effective upon actual
receipt by KTPAM at the address specified on the Investment Advisory Agreement or the
then current address. The management fee will be pro-rated to the date of termination,
for the quarter in which the cancellation notice was given and the unearned fee refunded
to your account as indicated in your Agreement. Upon termination, you are responsible
for monitoring the securities in your account, and we will have no further obligation to act
or advise with respect to those assets. In the event of client’s death or disability, our Firm
will continue management of the account until we are notified of client’s death or disability
and given alternative instructions by an authorized party.

Financial Planning Fees
Financial Planning services are typically included in the investment management fee de-
scribed above. On occasion, our firm is asked to provide financial planning services for a
separate fee. In this circumstance, we will negotiate the planning fees with you. Fees may
vary based on the extent and complexity of your individual or family circumstances and the
amount of your assets under our management. Our fee will be agreed in advance of ser-
vices being performed. The fee will be determined based on factors including the complex-
ity of your financial situation, agreed upon deliverables, and whether or not you intend to
implement any recommendations through KTPAM. Fixed fees for financial plans range from
$1,000 to $10,000. The specific fixed fee for your financial plan is specified in your planning
agreement with our Firm.

Typically, we complete a plan within a month and will present it to you within 90 days of
the contract date, if you have provided us all information needed to prepare the financial
plan. Fees are billed and payable at the time the financial plan is delivered to you. You may
terminate the financial planning agreement by providing us with written notice. Upon ter-
mination, fees will be prorated to the date of termination and any earned portion of the
fee will be billed to you based on an hourly rate of $250.00. We will not require prepayment

                             Kozak & Tripp Private Asset Management, Inc.
                    1805 Shea Center Drive Suite 220 Highlands Ranch Colorado 80129
                                        FORM ADV 2A Brochure

of more than $1,200 in fees per client, six (6) or more months in advance of providing any
services.

In no case are our fees based on, or related to, the performance of your funds or invest-
ments.

Employer Sponsored Retirement Plan Services
For Retirement Plan Advisory Services compensation, we charge an annual fee as negoti-
ated with the client and disclosed in the Employer Sponsored Retirement Plans Investment
Advisory Agreement. The compensation method is explained and agreed upon in advance
before any services are rendered. Asset based fees range from 0.10% to 0.50% annually
and fixed fees range from $1,000-$50,000 annually.

Plan advisory services begin with the effective date of the Employer Sponsored Retirement
Plans Investment Advisory Agreement, which is the date you sign the Employer Sponsored
...

ITEM 7 - TYPES OF CLIENTS
We provide investment advice to individuals, high net individuals, trusts, estates,
corporations, and profit-sharing plans. We have no minimum initial account value for
opening an account with our firm.

                            Kozak & Tripp Private Asset Management, Inc.
                   1805 Shea Center Drive Suite 220 Highlands Ranch Colorado 80129
                                       FORM ADV 2A Brochure