Layline Advisors LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to
signing the investment advisory contract, the investment advisory contract may be terminated
by the client within five (5) business days of signing the contract without incurring any advisory
fees. How we are paid depends on the type of advisory service we are performing. Please
review the fee and compensation information below.

Investment Management Services
Our standard advisory fee is based on the market value of the assets under management, net of
cash and any excluded assets pre-determined by the client and adviser, and is calculated as
follows:
                   Account Value                           Annual Advisory Fee

                    $0 - $500,000                                 1.25%

               $500,001 - $1,000,000                              1.00%

               $1,000,001 - $1,500,000                            0.75%

               $1,500,001 and Above                               0.50%
The annual fees are negotiable and are pro-rated and paid in arrears on a quarterly basis. The
advisory fee is a blended fee and is calculated by assessing the percentage rates using the
predefined levels of assets as shown in the above chart, based on the average daily balance of
the account throughout the quarter. For example, an account valued at $1,500,000 would pay an
effective fee of 1.00% with the annual fee of $15,000. The quarterly fee is determined by the
following calculation: (($500,000 x 1.25%) + ($500,000 x 1.00%) + ($500,000 x 0.75%)) ÷ 4 =
$3,750.

The average daily balance is calculated by taking the sum of your account balance, net of cash
and any excluded assets, at the end of each day of the billing cycle divided by the number of days
in the billing cycle. We can generate, upon request, a record of your account balance for each

day in the billing cycle. No increase in the annual fee shall be effective without agreement from
the client by signing a new agreement or amendment to their current advisory agreement. Any
assets held in fee-paying accounts but not managed by the adviser will be marked as excluded
within the client advisory agreement.
Advisory fees are directly debited from client accounts, or the client may choose to pay by
check. Accounts initiated or terminated during a calendar quarter will be charged a pro-rated
fee based on the amount of time remaining in the billing period. An account may be terminated
with written notice at least 30 calendar days in advance. Since fees are paid in arrears, no
rebate will be needed upon termination of the account. Any prorated amount will be calculated
and billed to the client for payment.

Financial Planning Fee

Financial Planning engagements will generally be offered on a fixed fee basis. The fixed fee will
be agreed upon before the start of any work. The standard fixed fee will be billed in advance at
a rate of $625.00 per quarter for the duration of the engagement. There is a minimum one-year
commitment to all planning agreements. The fee is negotiable. Layline will not bill an amount
above $500.00 more than 6 months in advance.

Financial Planning billing and fee collection is handled through PaySimple.com.

Pension Consulting Services

We charge up to 0.70% of plan assets under management for pension consulting services.
Clients will be billed on a quarterly basis in arrears and based on the value of plan assets as of
market close on the last day of the quarter or on the average daily balance over the quarter
depending on the plan provider.

An agreement may be terminated with written notice at least 30 calendar days in advance. Fees
will be debited directly from the Plan Assets. Since fees are paid in arrears, upon termination, no
refund will be due. Any prorated amount will be calculated and billed to the client for payment.
Please note, the above listed fee schedule does not include fees from other service providers.

Other Types of Fees and Expenses
For clients that utilize our Non-discretionary Investment Management services, our fees are
exclusive of brokerage commissions, transaction fees, and other related costs and expenses
which may be incurred by the client. Clients may incur certain charges imposed by custodians,
brokers, and other third parties such as custodial fees, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on

brokerage accounts and securities transactions. Mutual fund and exchange traded funds also
charge internal management fees, which are disclosed in a fund’s prospectus. Such charges, fees
and commissions are exclusive of and in addition to our fee, and we shall not receive any
portion of these commissions, fees, and costs.
For clients that utilize our Discretionary Investment Management Services, our fees are
inclusive of brokerage commissions, transaction fees, and other related costs and expenses
which may be incurred by the client. Clients may incur certain charges imposed by custodians,
brokers, and other third parties such as custodial fees, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on
brokerage accounts and securities transactions. (See Form ADV Part 2A Appendix 1 - Wrap
Brochure). In cases where we employ the use of third-party money managers as part of the
client’s investment plan, any fees owed to those third parties for their management services are
in addition to our advisory fees disclosed in the above table(s). Clients with accounts that are
managed by these third parties will enter into an investment management agreement with the
third-party manager that discloses the additional management fees.
Our custodian may offer mutual fund share classes that are free to transact but carries a higher
...

Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth
individuals, pension and profiting sharing plans. We do not have a minimum account size
requirement.