McLean Asset Management Corporation

Item 5 – Fees and Compensation

The specific manner in which fees are charged by MAMC is established in a written agreement between MAMC
and the client. Clients whose accounts predate this document are subject to fee arrangements that may differ
from the current fee arrangements discussed below.

Fees for Standard Investment Management Services. Generally, the fee for standard investment supervisory
services is based upon the average daily balance of assets under management in the client's portfolio during the
previous calendar quarter. MAMC's fee schedule for the provision of investment management services is
negotiable, but is generally as follows:

           Value of Assets Under Management                          Annual Fee
           First $1,000,000.00                                         1.25%
           From $1,000,000.01 to $2,500,000.00                         1.00%
           From $2,500,000.01 to $5,000,000.00                         0.80%
           From $5,000,000.01 to $10,000,000.00                        0.70%
           Greater than $10,000,000.00                                 0.50%

The minimum quarterly fee for standard investment management services is $3,125, which may be waived or
reduced at MAMC's sole discretion. For clients who are subject to this minimum quarterly fee and who maintain
less than $1,000,000 in assets under MAMC's management, the effective fee rate will exceed the Annual Fee
reflected above.

As noted above, MAMC's fees are negotiable based on a variety of objective and subjective factors, including
but not limited to: the scope and complexity of the engagement; the anticipated number of meetings and
servicing needs; length of relationship with the client; client referrals; related accounts; future earning capacity;
anticipated future additional assets; and the professional(s) rendering the service(s). As a result of these factors,
similarly situated clients could pay different fees, and the services to be provided by MAMC to any particular
client could be available from other advisers at lower fees.

Additional Financial Services and Consulting Services Fees. MAMC may provide clients with a broad range of
consulting services on an hourly or flat rate fee basis. Such services may include analysis of an existing portfolio,
tax planning, retirement planning, consideration of asset allocation adjustments, or advice regarding assets not
subject to investment management by MAMC. MAMC may require a retainer for its consulting fee (estimated
hourly or fixed), payable upon entering the written agreement. The consulting fees are negotiable, and clients
can expect to pay rates between $250 and $1,000 per hour or between $1,000 and $50,000, depending upon
the scope and complexity of the engagement. The rate for these services will be determined and agreed upon
in a separate agreement prior to the start of work for the client.

Fees for Tax-Managed Core Equity Strategies. If consistent with the agreed-upon investment plan, a portion of
the client's investment assets may be managed in a separately managed account using MAMC's Tax-Managed
Core Equity strategies. MAMC generally charges a management fee ("Core Fee"), which is in addition to the fees
for standard investment supervisory services set forth above. The annual fee is generally 0.40% (0.10% per
quarter). Generally, the Core Fee is based on the average daily balance of assets under management invested in
one or more Tax-Managed Core Equity strategies during the previous calendar quarter. MAMC reserves the right
to impose minimum fees and account sizes for these strategies. MAMC's compensation is separately negotiated
with each recipient of the Tax-Managed Core Equity strategy.

Fees for Employer-Sponsored Retirement Plans. The fee for services rendered to qualified employer-sponsored
retirement plans is dependent on a variety of factors, including, but not limited to, the size of the plan, location
of the plan, and whether travel is required, the number of requested meetings or participant education
seminars, and the scope of work required to onboard and implement the plan's investment options. All
compensation and specific fee details will be predetermined and disclosed in the investment advisory agreement
with the plan sponsor at account inception. The quarterly fee for MAMC's employer-sponsored retirement plan
services is negotiable and is generally subject to a minimum of $1,250. Fees may be based on fixed fees, a
percentage of plan assets, or some combination thereof, as indicated in the client agreement.

In certain instances, MAMC serves as a plan's investment manager and works jointly with independent
registered investment advisers who serve as the plan's ERISA §3(21) fiduciary. In these engagements, MAMC's
fees will be separately negotiated with each plan sponsor but will generally be based upon the assets under
management as of the end of the last day of the previous quarter. The quarterly fee for MAMC's employer-
sponsored retirement plan services when other advisory firms are involved is generally $750. Fees may be based
on fixed fees, a percentage of plan assets, or some combination thereof, as indicated in the client agreement.

Third-Party Fees. MAMC's fees do not include brokerage commissions, transaction fees, and other related costs
and expenses, which may be separately charged to a client. These charges are imposed by custodians, brokers,
and other third parties, such as fees charged by managers, 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 funds and exchange-traded funds also charge internal management
fees, which are disclosed in a fund's prospectus. Such charges, fees, and commissions are in addition to MAMC's
fee, and MAMC shall not receive any portion of these third-party commissions, fees, and costs. MAMC does not
...

Item 7 – Types of Clients

MAMC provides portfolio management services to a broad range of clients, including individuals, high-net-worth
individuals, employer-sponsored retirement plans, trusts, estates, charitable institutions, foundations,
endowments, and other business entities. Generally, MAMC requires a minimum account size of $1,000,000. A
minimum account of $500,000 is generally required for investment in a Tax-Managed Core Equity strategy (as
discussed in Item 8). In addition, MAMC provides services to employer-sponsored retirement plans; generally,
the minimum account size for these services is $500,000.