McAdam LLC

Item 5. Fees and Compensation

McAdam offers services on a fee basis, which may include fixed and/or hourly fees, as well as fees based
upon assets under management or advisement. Additionally, certain of the Firm’s Supervised Persons, in
their individual capacities, may offer securities brokerage services and/or insurance products under a
separate commission-based arrangement.

Financial Planning and Consulting Fees

McAdam generally charges a fixed fee or fee based upon the net worth or assets held by the client (even if
not managed by McAdam) for providing financial planning and consulting services under a stand-alone or
wealth management engagement. These fees are negotiable, but generally range from $500 to $5,000 on a
fixed fee basis or up to 1.75% of net worth or assets, depending upon the scope and complexity of the services
and the professional rendering the financial planning and/or the consulting services. If the client engages
McAdam for additional investment advisory services, McAdam may, but is not required to, offset all or a
portion of its fees for those services based upon the amount paid for the financial planning and/or consulting
services.

RetireUS Subscription Service

McAdam also offers tiered financial planning services for a weekly subscription fee. Available service tiers
include Basic Planning, Tax Mastery and Wealth Mastery. Each service level is billed as per the terms of
its agreement.

Investment Management Fees

McAdam offers investment management services for an annual fee based on the amount of assets under the
Firm’s management. The management fee varies depending upon the size and composition of a client’s
portfolio and the type of services rendered and the representative providing services.

Fee Differentials. McAdam’s investment advisory fee ranges from negotiable up to 1.75% and is
determined based upon various objective and subjective factors including but not limited to: the amount of
assets to be managed; portfolio composition; the scope and complexity of the engagement; the use of direct
indexing; the anticipatednumber of meetings and servicing needs; related accounts; future earning capacity;
anticipated future additional assets; the professional(s) rendering the service(s); prior relationships with
McAdam and/or its representatives, and negotiations with the client. As a result of these factors, similarly
situated clients could pay different fees, the services to be provided by McAdam to any particular client
could be available fromother advisers at lower fees. Furthermore, there may be instances where McAdam’s
fee could be higher than what would generally be charged by the industry for similar services.

The annual fee is prorated and charged, in advance, based upon the market value of the assets being
managed by McAdam on the last day of the previous billing period.

Under certain engagements, the firm may adjust billing as follows: if assets in excess of $5,000 are
deposited into or withdrawn from an account after the inception of a billing period, the fee payable with
respect to such assets is adjusted to reflect the interim change in portfolio value. For the initial period of an
engagement, the fee is calculated on a pro rata basis. In the event the advisory agreement is terminated, the
fee for the final billing period is prorated through the effective date of the termination and the outstanding
or unearned portion of the fee is charged or refunded to the client, as appropriate.

Additionally, for asset management services McAdam provides with respect to certain client holdings (e.g.,
held-away assets, accommodation accounts, alternative investments, etc.), McAdam may negotiate a fee
rate that differs from the range set forth above.

Direct Indexing

Client assets allocated to a direct indexing portfolio will be charged an additional fee of 0.15%.

Additional Fees and Expenses

In addition to the advisory fees paid to McAdam, clients may also incur certain charges imposed by other
third parties, such as broker-dealers, custodians, trust companies, banks and other financial institutions
(collectively “Financial Institutions”). These additional charges may include securities brokerage
commissions, transaction fees, custodial fees, fees charged by the Independent Managers, margin costs,
charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the fund’s prospectus
(e.g., fund management fees and other fund expenses), 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. The Firm’s brokerage practices are described at length in Item 12, below.

Orion Fees. In addition to McAdam’s advisory fee, the client shall also incur an annual $45 administrative
services fee (generally payable on a pro-rated quarterly basis), per account, to offset the administrative fees
charged to McAdam by Orion. McAdam representative may waive or discount the Orion fee payable by
the client-see Fee Differential above.

Direct Fee Debit

Clients generally provide McAdam and/or certain Independent Managers with the authority to directly debit
their accounts for payment of the investment advisory fees. The Financial Institutions that act as the
qualified custodian for client accounts, from which the Firm retains the authority to directly deduct fees,
have agreed to send statements to clients not less than quarterly detailing all account transactions, including
any amounts paid to McAdam. Alternatively, clients may elect to have McAdam send a separate invoice
for direct payment.

Account Additions and Withdrawals

Clients may make additions to and withdrawals from their account at any time, subject to McAdam’s right
to terminate an account. Additions may be in cash or securities provided that the Firm reserves the right to
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Item 7. Types of Clients

McAdam offers services to individuals, trusts, estates, charitable organizations, corporations and business
entities, and state or municipal government entities.
Minimum Account Requirements

McAdam does not impose a stated minimum fee or minimum portfolio value for starting and maintaining
an investment management relationship. However, certain Independent Managers may impose more
restrictive account requirements and billing practices than the Firm. In these instances, McAdam may alter
its corresponding account requirements and/or billing practices to accommodate those of the Independent
Managers.