Lanier Financial Group LLC

Item 5: Fees and Compensation

Asset Management Fees

Fees for asset management services are charged based on the average daily liquidation
value of all accounts under management. Fees are negotiable and are determined at the

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discretion of the Firm based on complexity and client needs. Below is the maximum fee
schedule for each asset tier:

   •   Assets under discretionary management
          o Less than $500,000            1.50%
          o $500,001-$1,500,000           1.25%
          o $1,500,001-$3,000,000         1.10%
          o $3,000,001-$5,000,000         1.00%
          o $5,000,001-$10,000,000        0.85%
          o $10,000,001+                  NEGOTIABLE
   •   Assets managed on a non-discretionary basis
          o All sizes-                    0.5%

Asset management fees are deducted from clients’ accounts on either a daily basis in
arrears or a monthly/quarterly basis in advance by the custodian; this is outlined in each
individual contract. The minimum asset management fee is $3,000 per year; this
minimum is waived for engaged planning clients.

This fee schedule represents our maximum fee on a tiered schedule for asset
management only. Clients will be provided the option to adjust their asset-based fee to
include financial planning services.

Financial Planning Flat Fees/Hourly Fees

In some instances, the Firm will provide a flat fee for a specific service or engagement.
The Firm has hourly rates ranging from $150-$300 per hour. Hourly fees are set prior to
both parties entering a written contract. Planning fees are billed as stated in each written
contract on either an hourly basis or flat fee. Our minimum initial planning fee is $450
and any unbilled hours will be held as a retainer for future services.

Ongoing service fees for financial plans are billed at a minimum rate of $50 per month
and a maximum rate of 0.50% of base household income or included in the Asset
Management Fee. This includes calls and in-person reviews, as needed.

Examples of hourly fees in use:
   • Associate Advisor: $150/hour
   • Senior Advisor: $275/hour
   • Expert witness work: $300/hour

Other Fees or Expenses

In addition to advisory and planning fees, clients may incur custodian commission fees
based on trading activity of accounts. The Firm receives no compensation from these
custodian commission fees. The Firm has chosen two custodians in Interactive Brokers
and Charles Schwab based on their low-cost trading platform and best execution of
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trades.

In the event a client is paying advisory fees on a monthly/quarterly basis in advance and
terminates the investment advisory agreement, the Firm will calculate and refund any
fees not earned. The Firm will take the fee paid in advance, divide it by the number of
trading days in the month/quarter, and refund the amount of fees unearned based on the
number of unearned trading days in that period in the form of a paper check within thirty
days of the terminated contract.

The Firm does not require prepayment of more than $1,200 in fees per client, six months
or more in advance.

The Firm’s supervised persons accept no compensation for the sale of securities or other
investment products.

Item 7: Types of Clients

The Firm provides services to; individuals, pensions and profit-sharing plans, trusts,
estates, charitable organizations, corporations, or business entities other than those listed
above.

The Firm has no minimum account size but does impose a minimum annual fee $600
(combined asset management fee and/or planning fee). Generally, we recommend
accounts of $500,000 or more.