McAlister Sweet & Associates Inc

Item 5 – Fees and Compensation
Based on the investment services provided, MSA is compensated based upon a percentage of
assets under management

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Advisory fees paid to MSA are based on an annual fee of up to 1% of assets under
management. All fees are subject to negotiation. The amounts and specific manner in which fees
are charged are negotiated and memorialized in the advisory contract between MSA and our
clients. Although many fees are individually negotiated, some common fees are included on our
fee schedule for your review and described further below.
Advisory fees are computed as a percentage of the account's closing end-of-quarter value of the
assets under management in the account for the previous quarter. Fees are calculated by
multiplying the assets under management by the relevant percentage, then dividing such product
by four (4). Accounts opened in mid-quarter will be assessed at a pro-rated management fee.
Fees are payable quarterly, in advance, and fees may be deducted from the Client's account(s)
quarterly within thirty (30) days following the end of the quarter for which said fees will be
incurred. Fees for the initial quarter will be adjusted prorata based on the number of calendar
days in the quarter that the Agreement goes into effect.
Clients generally authorize us to directly debit Advisory fees from their accounts.
                                          Fee Schedule
 Fee Type                         Fee Cost                                       When Charged
 Advisory Fees                    Computed as a percentage of value of the       Quarterly, in
                                  account on the last day of the prior quarter   advance
                                  including any margin debt in the account.
                                      Equity Accounts:
                                      Annual Fee = All assets up to 1.00%

                                      All advisory fees are negotiable

Valuation
The valuation of securities and other instruments is generally determined by their last reported
sale price on the principal market in which they are traded, if traded in a market for which
transaction prices are publicly reported. Otherwise, other readily marketable securities and
instruments are valued by using a pricing service or by other equitable means consistent with the
fiduciary duty of the money manager to determine a fair market value.

Transaction Costs
Our fees are inclusive of brokerage commissions, transaction fees, and other related costs and
expenses. Under the MSA Wrap Fee, clients pay a single fee for investment advisory services
and transaction costs. For more information on the MSA Wrap Program, see our Form ADV Part
2A Wrap Brochure.

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Termination
The relationship between parties may be terminated by either party upon 30 days’ written notice.
Notwithstanding the above, if the appropriate disclosure statement was not delivered to the client
at least 48 hours prior to the client entering into any written or oral advisory agreement with
MSA, then the client has the right to terminate the relationship, without penalty, within five (5)
business days after entering into the agreement. If the relationship is terminated in the middle of
a quarter and client has prepaid the quarterly fee, MSA will reimburse the client the percentage
of the prepaid fee that equals that part of the quarter that remains after the 30-day notice is
satisfied, on a pro rata basis.

Other Clauses
For employee and family-related accounts, the quarterly advisory fees are generally lower.
Additionally, MSA may charge less for certain client accounts, depending on factors such as
portfolio size, length of employment, and relationship to the employee.

Item 7 – Types of Clients
We offer portfolio management investment advice to the following types of clients:
       •       Individuals
       •       Families
       •       High net worth individuals
       •       High net worth families
       •       Business entities

MSA generally does not require a minimum net worth or net assets.