Murphy & Mullick Capital Management Corp

Item 5           Fees and Compensation

   A.
                                   INVESTMENT ADVISORY SERVICES
         The Registrant’s annual investment advisory fee shall vary from negotiable up to 2.50% of
         the total assets placed under the Registrant’s management/advisement and shall be based
         upon various objective and subjective factors including but not limited to: the
         representative assigned to the account, the amount of assets to be invested, the complexity
         of the engagement, the anticipated number of meetings and servicing needs, related

   accounts, future earning capacity, anticipated future additional assets, and negotiations
   with the client. As a result, similar clients could pay different fees, which will
   correspondingly impact a client’s net account performance. Moreover, the services to be
   provided by the Registrant to any particular client could be available from other advisers
   at lower fees.

   Before engaging Registrant to provide investment advisory services, clients are required to
   enter into an Investment Advisory Agreement, setting forth the terms and conditions of the
   engagement, including the fees and services to be provided.

          FINANCIAL PLANNING AND CONSULTING SERVICES (STAND-ALONE)
   The Registrant may provide financial planning and/or consulting services (including
   investment and non-investment related matters, including estate planning, insurance
   planning, etc.) on a stand-alone fee basis. Registrant’s planning and consulting fees are
   negotiable, depending upon the level and scope of the service(s) required and the
   professional(s) rendering the service(s), but generally range from $1,000 to $10,000 on a
   fixed fee basis. The Registrant may also be engaged to provide planning and consulting
   services on an hourly basis, ranging from $100 up to $325 per hour.

B. Clients may elect to have the Registrant’s advisory fees deducted from their custodial
   account. Both Registrant’s Agreement and the custodial/clearing agreement may authorize
   the custodian to debit the account for the amount of the Registrant’s investment advisory
   fee and to directly remit that advisory fee to the Registrant in compliance with regulatory
   procedures.

   In the limited event that the Registrant bills the client directly, payment is due upon receipt
   of the Registrant’s invoice.

C. As discussed below, unless the client directs otherwise or an individual client’s
   circumstances require, Registrant shall generally recommend that Charles Schwab & Co.,
   Inc. (“Schwab”) and/or Pershing, LLC (“Pershing”) serve as the broker-dealer/custodian
   for client investment management assets.

   Broker-dealers such as Schwab and Pershing charge brokerage commissions, transaction,
   and/or other type fees for effecting certain types of securities transactions (i.e., including
   transaction fees for certain mutual funds, and mark-ups and mark-downs charged for fixed
   income transactions, etc.). The types of securities for which transaction fees, commissions,
   and/or other type fees (as well as the amount of those fees) shall differ depending upon the
   broker-dealer/custodian. While certain custodians, including Schwab and Pershing,
   generally (with the potential exception for large orders) do not currently charge fees on
   individual equity transactions (including ETFs), others do.

   There can be no assurance that Schwab or Pershing will not change their transaction fee
   pricing in the future.

   Schwab or Pershing may also assess fees to clients who elect to receive trade confirmations
   and account statements by regular mail rather than electronically.

   Clients will incur, in addition to Registrant’s investment management fee, brokerage
   commissions and/or transaction fees, and, relative to all mutual fund and exchange traded
   fund purchases, charges imposed at the fund level (e.g., management fees and other fund
   expenses).

D. Registrant's annual investment advisory fee shall be prorated and paid quarterly, in
   advance, based upon the market value of the assets on the last business day of the previous
   quarter.

   With the exception of a financial planning engagement on a project basis, which may
   automatically terminate upon the completion of the project, agreements between the
   Registrant and the client will continue in effect until terminated by either party by written
   notice in accordance with the terms of the Agreement. Upon termination, the Registrant
   shall refund the pro-rated portion of any advanced advisory fee paid to the Registrant based
   upon the number of days remaining in the billing month.

E. Commission Transactions. In the event that the client desires, the client can engage
   certain of the Registrant’s investment advisor representatives, in their individual capacities,
   as a registered representative of Osaic Wealth, Inc. (“Osaic”), a FINRA member broker-
   dealer, to implement investment recommendations on a commission basis. In the event the
   client chooses to purchase investment products through Osaic, Osaic will charge brokerage
   commissions to affect securities transactions, a portion of which commissions Osaic shall
   pay to certain of Registrant’s investment advisor representatives, as applicable. The
   brokerage commissions charged by Osaic may be higher or lower than those charged by
   other broker-dealers. In addition, Osaic, relative to commission mutual fund purchases,
   may also receive additional ongoing 12b-1 trailing commission compensation directly from
   the mutual fund company during the period that the client maintains the mutual fund
   investment.
       1. The recommendation that a client purchase a commission product from Osaic
          presents a conflict of interest, as the receipt of commissions may provide an
          incentive to recommend investment products based on commissions to be
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Item 7           Types of Clients

         The Registrant’s clients shall generally include individuals, business entities, charitable
         institutions, foundations, trusts, and estates.