Maynerich Financial

ITEM 5 FEES AND COMPENSATION

Individually Managed Accounts

Fees for individually managed accounts are flat, priced as follows:

                   Account Size                          Fee (Annual Percentage) *
       $0 - $250k                                                 1.10%
       $250k - $500k                                              1.00%
       $500k - $1mil                                              0.95%
       $1mil and above                                            0.90%

*Accounts may be aggregated at the household level to determine blended pricing.

All asset-based fees are deducted by the qualified custodian of record quarterly, in advance, based
on the account balance as of the first day of the quarter, or as otherwise indicated in the FSA.
Client statements for prior deductions will be provided on, at least, a quarterly basis.

All fees paid to the Firm for investment advisory services are separate and distinct from the
expenses charged by third-party managers and investment companies to their shareholders. These
fees and expenses are described to the client in separate disclosures. These fees will generally
include third-party management fees, an investment company management fee, other fund
expenses, and in some situations a possible distribution fee.

All fees are negotiable. The Firm, at its sole discretion, may charge a smaller management fee
based upon certain (e.g., historical relationship, types of assets, anticipated future additional assets,
dollar amounts of assets to be managed, related accounts, account composition, etc.)

The Firm will provide investment advisory services and portfolio management services but will
not provide custodial or other administrative services. At no time will the Firm accept or maintain
custody of a client’s funds or securities except for authorized fee deduction. The Client may
contact the Custodian directly for disbursements, or account record changes, and may also do so
in writing to the custodian. The Firm may act at the client’s convenience to facilitate such written
communications to the Custodian, provided that such action is not construed to be custody of client
assets.

Client is responsible for all custodial and securities execution fees charged by the custodian and
executing broker-dealer. Fees paid to Advisor are separate and distinct from the custodian and
execution fees.

Clients may request to terminate their advisory contract with MF in whole or in part, by providing
advance written notice. Upon termination, any fees paid in advance will be prorated to the date of
termination and any excess will be refunded to the Client through the Custodian. Client’s FSA
with the Firm is non-transferable without Client’s written approval.

Hourly Fees

The Firm also offers investment advice at a negotiable hourly rate of $250/hour.

Defined Contribution Plan Asset Management Fees

Group self-directed, adviser discretionary, or trustee directed 401(k), 403(b), and/or other multi
participant Qualified Plans (when asset-based fees are elected by a plan sponsor in connection with
open-architecture qualified plans) are billed quarterly in arrears based on the market value of total
assets under MF’s management at the end of the previous quarter. The highest fee Client could be
charged is 0.90% of assets under management, while the lowest fee is 0.70% of assets under
management.
Fee deductions are made from 401(k) and 403(b) by the Plan Administrator/Record Keeper on
behalf of the Plan Sponsor according to the terms of the contract for services with MF and paid to
MF by the Plan Administrator or Record Keeper.

Fee Deduction Disclosure

Where MF deducts its management fee from Client accounts utilizing a qualified custodian, MF
is required to meet the following requirements:

   (a) Possess written authorization from the Client to deduct advisory fees from an account held
       by a qualified custodian;

   (b) Send the qualified custodian written notice of the amount of the fee to be deducted from
       the Client’s account; and

   (c) The Firm must have a reasonable basis, after due inquiry, for believing that the qualified
       custodian sends an account statement, at least quarterly, to each of the Firm’s clients for
       which it maintains funds or securities, identifying the amount of funds and of each security
       in the account at the end of the period and setting forth all transactions in the account during
       that period.

Right of Cancellation

In addition to the right to terminate an agreement pursuant to its terms, a Client may cancel an
agreement with the Firm within five (5) business days of first receiving a copy of this disclosure
brochure and supplement without penalty or fee.

Compensation for the Sale of Securities

Neither MF nor any of its supervised persons receive compensation for the sale of securities or
other investment products, including asset-based sales charges or service fees from the sale of
mutual funds.

Compensation for the Sale of Insurance Products

Associated persons of MF maintain financial affiliated business as insurance agents. From time to
time, such persons will offer Clients advice or products from this activity. These practices
represent conflicts of interest because they give representatives of MF an incentive to recommend
products based on the commission received. This conflict is mitigated by disclosures, procedures,
and the firm’s fiduciary obligation to place the best interest of the Clients first and clients are not
required to purchase any products. Clients are under no obligation to act on MF's or its associated
person's recommendation. If a Client elects to act on any of the recommendations, the Client is
under no obligation to effect the transaction through MF or the associated person.

ITEM 7 TYPES OF CLIENTS

The Firm provides investment advice to many different types of Clients. These Clients generally
include individuals, trusts, estates, corporations, pension/retirement plans, and other types of
business entities.

Minimum Account Size

The Firm does not have a minimum account size requirement.