Metier Capital LLC

Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the Firm.
Each Advisor engaging in the Firm for the services described shall be required to enter into one or more written
agreements with the Firm.
A. Fees for Advisory Services
                                                      Métier Capital LLC
                                            245 Thackery Road, Rochester, NY 14610
                                   Phone: (585) 636-2232 | Website: https://metier-capital.com

Services Provided to Institutional Clients/Advisors

Investment Consulting Services
Investment consulting services offered to Advisors (i.e., other investment professionals at third-party advisory firms)
typically range between $40,000 and $180,000 annually. Fees may be negotiable based on the nature and
complexity of the services to be provided, and the overall relationship with the Firm.

Investment Management Services
Investment management services offered to Advisors typically range from 0.05% to 0.75% annually. Fees may be
negotiable based on the nature and complexity of the services to be provided, and the overall relationship with the
Firm.

B. Fee Billing

Investment Consulting Services
Investment consulting fees are paid monthly in advance and invoiced and billed directly to the Advisor. In certain
instances, other arrangements and schedules may be made available.

Investment Management Services
Investment advisory fees are calculated by the Firm and billed to the Advisor, in arrears. The amount due is
calculated by applying the monthly rate (annual rate divided by 12) to the total assets under management with Métier
Capital at the end of the prior month. Our fees are paid by the Advisor, not by the End Client, though the Advisor may
or may not separately charge the End Client a fee to cover costs paid to Métier Capital. Fees charged by the Advisor
to the End Client are described in the End Client’s agreement with their Advisor and Métier Capital has no control
over those fees.

Investment advisory fees are based on the market value of assets under management at the end of the prior
month. The investment advisory fee in the first month of service is prorated from the inception date of the accounts
to the end of the first month. Fees will take into consideration the aggregate assets under management with the
Firm. All securities held in accounts managed by Métier Capital will be independently priced by the Custodian. The
Firm will conduct periodic reviews of the Custodian’s pricing to ensure accurate billing.

The Firm’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Advisor or End Client.
However, the Firm shall not receive any portion of these commissions, fees, and costs.

C. Other Fees and Expenses
Advisors and their End Clients may incur certain fees or charges imposed by third parties, other than Métier
Capital, in connection with investments made on behalf of the accounts. The Advisor or End Client is responsible
for all custody and securities execution fees charged by the Custodian, as applicable. The fees charged by Métier
Capital are separate and distinct from these custody and execution fees.

In addition, all fees paid to Métier Capital for investment advisory services are separate and distinct from the
expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for
the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a
possible distribution fee. Advisors are able to invest in these products directly, without the services of Métier
Capital, but would not receive the services provided by Métier Capital which are designed, among other things, to
assist the Advisor in determining which products or services are most appropriate for each End Client’s financial
situation and objectives Accordingly, the Advisor should review both the fees charged by the funds and the fees
charged by Métier Capital to fully understand the total fees to be paid. Please refer to Item 12 – Brokerage

                                                      Métier Capital LLC
                                            245 Thackery Road, Rochester, NY 14610
                                   Phone: (585) 636-2232 | Website: https://metier-capital.com

Practices for additional information.

D. Advance Payment of Fees and Termination
Either party may terminate the advisory or consulting agreements at any time by providing written notice to the other
party. Upon termination, the Firm will refund any unearned, prepaid investment consulting fees from the effective date
of termination to the end of the month.

E. Compensation for Sales of Securities
Métier Capital does not buy or sell securities to earn commissions and does not receive any compensation for
securities transactions in any account, other than the investment advisory fees noted above.

Item 7 – Types of Clients
Métier Capital offers investment advisory services to Institutional Clients. We don’t have a minimum asset amount,
but we do have a minimum fee schedule for Investment Consulting Services, as described in Item 5, above.
Advisors who work with us generally allocate a minimum of $75 million to our investment management services, but
we may agree to accept lesser amounts.