Milestone Asset Management LLC

Item 5. Fees and Compensation

Asset Management Services

Milestone charges a fee based on a percentage of assets under management. This fee is usually deducted
from the client's account held at the custodian provided the client authorizes Milestone or the sub adviser
to debit the fee from the account. If insufficient cash is available to pay such fees, securities in an amount
equal to the balance of unpaid fees will be liquidated to pay for the unpaid balance.

Our fees are based on the following tiered schedule:

 Internally Managed Models                       Annual Management Fee
 Up to $750,000                                           1.50%
 $750,000 – 1,500,000                                     1.25%
 $1,500,000 – 3,000,000                                   1.00%
 Additional Amounts Over $3 million                       0.75%

 Sub-Advised Models                               Annual Management Fee
 Up to $750,000                                            1.75%
 $750,000 – 1,500,000                                      1.50%
 $1,500,000 – 3,000,000                                    1.25%
 Additional Amounts Over $3 million                        1.00%

Fees will be calculated monthly, in arrears, based on the average daily balance of assets under our
management. In any partial calendar month, the advisory fee will be pro-rated based on the number of days
that the account was open during the month.

For example, a client who has engaged us for portfolio management services, with an average daily value
of $1,500,000 in assets under management would be subject to the following monthly fee:

                 First $750,000 billed at 1.50% = $11,250/12 months = $937.50
                 Next $750,000 billed at 1.25% = $9,375/12 months = $781.25
                 Total monthly fee = $937.50 + $781.25 = $1,718.75

Asset management fees cover (i) an initial analysis and periodic re-evaluation of the client’s investment
objectives and needs, and discretionary allocation among portfolio managers, (ii) all advisory services,
including fees of portfolio managers, (iii) account statements, (iv) execution, and (v) custody.

The fee is negotiable based on the complexity of the client’s financial situation. We allow Associated
Persons servicing the account to negotiate the investment management fees within the fee schedule
disclosed above. As a result, the Associated Person servicing your account may charge more or less for
the same service than another Associated Person of our firm. Further, our annual investment management
fee may be higher than that charged by other investment advisors offering similar services/programs. The
maximum fee paid by the client will be stated in the investment advisory agreement signed by you and us.

If the asset management agreement is executed at any time other than the first day of a calendar month,
our fees will apply on a pro-rata basis, which means that the advisory fee is payable in proportion to the
number of days in the month for which you are a client.

At our discretion, we may combine the account values of family members living in the same household to
determine the applicable advisory fee. For example, we may combine account values for you and your
minor children, joint accounts with your spouse, and other types of related accounts. Combining account
values may increase the asset total, which may result in your paying a reduced advisory fee based on the
available breakpoints in our fee schedule stated above.

We encourage you to carefully review the statements you receive from the qualified custodian. If you have
questions about your statements, or if you did not receive a statement from the qualified custodian, please
call our office number located on the cover page of this brochure.

Termination
You may terminate the asset management agreement by providing 30 day notice to our firm. You will incur
a pro-rata charge for services rendered prior to the termination of the portfolio management agreement,
which means you will incur advisory fees only in proportion to the number of days in the quarter for which
you are a client.

Third Party Adviser Fees
Milestone will either share in the fee charged by the third-party adviser or the third-party adviser will charge
a separate fee in addition to the fee charged by Milestone. Advisory fees that you pay to third party
investment advisers are established and payable in accordance with the Form ADV Brochure provided by
each third-party investment adviser to whom you are referred. These fees may or may not be negotiable.
Depending on the third-party adviser, clients may or may not be able to negotiate the fee payable to the
third-party adviser.

You will be required to sign an agreement directly with the third-party adviser(s). You may terminate your
advisory relationship with the third-party adviser(s) according to the terms of your agreement with the third-
party adviser(s). You should review each adviser’s brochure for specific information on how you may
terminate your advisory relationship with the adviser and how you may receive a refund, if applicable. You
should contact the third-party adviser directly for questions regarding your advisory agreement with the
third-party adviser.

Since our compensation may differ depending upon our individual agreement with each third-party adviser,
we have an incentive to recommend one third party adviser over another third-party adviser with whom we
have less favorable compensation arrangements or other advisory programs offered by third party advisers
with which we have no compensation arrangements. At all times, Milestone and its Associated Persons
uphold their fiduciary duty of fair dealing with clients.

Technology Service Fees
All accounts will be charged a monthly technology and program expense of $5, subject to change based
on the terms, conditions, and fees of providers. This expense will be deducted automatically from client
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Item 7. Types of Clients
Milestone generally provides investment advice to individuals, pension and/ or profit-sharing plans, trusts,
estates, charitable organizations, corporations, and other business entities. We do not require an account
minimum to establish advisory relationships with clients. However, some of the third-party advisers
recommended by our firm may impose their own account minimums.