Lafleur & Godfrey LLC

Item 5 – Fees and Compensation
Description
LaFleur & Godfrey LLC bases its fees on a percentage of assets under management. Our standard annual Investment
Management Agreement fee for new clients is calculated as follows:

    •   1.00% on the first $1,000,000;
    •   0.85% on the next $1,000,000;
    •   0.75% on the next $3,000,000;
    •   0.50% on the assets above $5,000,000

Fees are negotiable under certain circumstances, such as client size, required service levels, charitable organizations,
and special projects. Legacy clients of Daniel McAdams generally are charged the same fee schedule they were being
charged before becoming clients of our firm. In addition, many investment management client relationships predated
the implementation of LaFleur & Godfrey LLC’s current standard annual Advisory Fee Schedule. For this reason,
clients’ fees in many cases are higher or lower than those listed in our current fee schedule.

Fee Billing
Investment management fees are calculated on an average daily balance and billed quarterly in arrears, meaning that
we invoice clients after the three-month billing period has ended. Unless specifically negotiated, the market value on

which the fee is calculated would include cash and cash equivalents, be reduced by the margin balance or other
borrowing, and does not include accrued but unpaid interest. Payment in full is expected upon invoice presentation.
Advisory fees may be directly debited from the custodian account with the client’s written consent. For related
accounts (other than ERISA accounts) fees may be deducted from a designated client account to facilitate billing. The
client must consent in advance to direct debiting of their investment account.

Investment Advisory Services to Certain Retirement Plans
LaFleur & Godfrey LLC and Sentinel Pension Advisors, LLC (“SPA”), a wholly owned subsidiary of Focus LLC, provide
investment-related services to certain retirement plans typically in exchange for an annual fee payable quarterly that is
shared equally between LaFleur & Godfrey LLC and SPA. See Item 10 for more information.

Other Fees
In addition to our fees, clients are responsible for the fees and expenses associated with the investment of their assets.
These fees and expenses may include brokerage commissions and markups and markdowns, transaction fees, custodial
fees, deferred sales charges, wire transfer and electronic fund fees, and other fees and taxes related to brokerage
accounts and securities transactions. In addition, if your account holds investment vehicles such as mutual fu nds,
ETFs, private investment funds, investment management programs, and/or separately managed accounts, you will be
subject to the internal management fees, expenses, and any performance fees charged by these vehicles and/or
managers. These fees and expenses will reduce the performance of your account.
We offer clients the option of obtaining certain financial solutions from unaffiliated third-party financial institutions through
UPTIQ Treasury & Credit Solutions, LLC (together with UPTIQ, Inc. and its affiliates, “UPTIQ”) and Flourish Financial
LLC (“Flourish”). Focus Financial Partners, LLC (“Focus”) is a minority investor in UPTIQ, Inc. UPTIQ is compensated
by sharing in the revenue earned by such third-party financial institutions for serving our clients. The revenue paid to
UPTIQ also benefits UPTIQ, Inc.’s investors, including Focus, our parent company. When legally permissible, UPTIQ also
shares a portion of this earned revenue with our affiliate, Focus Solutions Holdings, LLC (“FSH”). For securities-backed
lines of credit (“SBLOCs”) made to our clients, UPTIQ will share with FSH up to 75% of all revenue it receives from such
third-party financial institutions. For other loans (except residential mortgage loans) made to our clients, UPTIQ will share
with FSH up to 25% of all revenue it receives from such third-party financial institutions. For cash management products
and services provided to our clients, UPTIQ will share with FSH up to 33% of all revenue it receives from the third-party
financial institutions and other intermediaries that provide administrative and settlement services in connection with this
program. As noted above, Flourish facilitates cash management solutions for our clients. When legally permissible,
Flourish pays FSH a revenue share of up to 0.10% of the total amount of cash held in Flourish cash accounts by our clients.
Although the amount of these revenue-sharing payments to FSH is not charged directly in the calculation of the interest rate
paid by clients on credit solutions facilitated by UPTIQ or the yield earned by clients on cash management solutions
facilitated by UPTIQ or Flourish, the compensation earned by UPTIQ and Flourish is an expense of the third-party financial
institutions that informs the interest rate paid by clients on credit solutions and the yield earned by clients on cash
management solutions. FSH distributes this revenue to us when we are licensed to receive such revenue (or when no such
license is required) and the distribution is not otherwise legally prohibited. Further information on this conflict of interest is
available in Item 10 of this Brochure.

We help our clients obtain certain insurance solutions by introducing clients to our affiliate, Focus Risk Solutions, LLC
(“FRS”), a wholly owned subsidiary of our parent company, Focus Financial Partners, LLC. FRS assists our clients with
regulated insurance sales activity by advising our clients on insurance matters and placing insurance products for them
and/or referring our clients to certain third-party insurance brokers (the “Brokers”), with whom FRS has agreements, which
either separately or together with FRS place insurance products for them. If FRS places an insurance product or refers one
of our clients to a Broker and there is a subsequent purchase of insurance through the Broker, then FRS will receive a portion
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Item 7 - Types of Clients
Description
Our clients are primarily individuals, including high-net-worth individuals, and their trusts and estates. We also advise
pension and profit-sharing plans, charitable organizations, and small businesses. We do not have a formal account
minimum, but we reserve the discretion to decline to accept client engagements that are not a fit with our Firm.