Miami Valley Portfolio Management Inc

Item 5: Fees and Compensation

A. Methods of Compensation and Fee Schedule
MVP charges an annual investment management fee based on a percentage of the market value
of the assets under management. The maximum annual fee for this service is 2.0%. This fee is
negotiable. MVP generally requires a minimum account size of $10,000. MVP, in its sole
discretion, may waive the required minimum.
Fees charged are always subject to the investment advisory agreement between the client and
MVP. Such fees are payable quarterly in advance for accounts opened with all custodians other
than SEI.
Accounts opened at SEI will be billed in arrears and the fee will be calculated based on the
average daily balance. Average daily balance calculations may cause you to pay higher fees in a
declining market and lower fees in a rising market during a particular quarter.
For accounts that are billed in advance and not held at SEI, if MVP serves for less than the whole
of any quarterly period, its compensation will be calculated and payable on a pro-rata basis for
the period of the quarter for which it has served as an adviser hereunder. The fees will be
prorated if the investment advisory relationship commences otherwise than at the beginning of
a calendar month. Management fees shall be prorated for each capital contribution and
withdrawal of $10,000 or greater made during the applicable calendar quarter.

B. Client Payment of Fees
MVP generally requires fees to be paid on a quarterly basis. MVP requires clients to authorize
the direct debit of fees from their accounts. Exceptions may be granted subject to the firm’s
consent for clients to be billed directly for our fees. For directly debited fees, the custodian’s
periodic statements will show each fee deduction from the account. Clients may withdraw this
authorization for direct billing of these fees at any time by notifying us or their custodian in
writing.
MVP will deduct advisory fees directly from the client’s account provided that (i) the client
provides written authorization to the qualified custodian, and (ii) the qualified custodian sends
the client a statement, at least quarterly, indicating all amounts disbursed from the account. The
client is responsible for verifying the accuracy of the fee calculation, as the client’s custodian will
not verify the calculation.
A client investment advisory agreement may be canceled at any time by the client, or by MVP
with 30 days’ prior written notice to the client. Upon termination, any unearned, prepaid fees will
be promptly refunded. The client has the right to terminate an agreement without penalty within
five business days after entering into the agreement.

                Part 2A of Form ADV: Miami Valley Portfolio Management, Inc. Brochure

Item 7: Types of Clients
Miami Valley Portfolio Management, Inc. provides portfolio management services mainly to
individuals. Other clients may include high net worth individuals, foundations, estates, and
trusts.
MVP generally requires a minimum account size of $10,000. MVP, in its sole discretion, may
waive the required minimum.

               Part 2A of Form ADV: Miami Valley Portfolio Management, Inc. Brochure