Mutual Trust Advisory Group Inc

Item 5 – Fees and Compensation
Financial Planning Engagement Fees
MTAG's fee is determined prior to the start of the engagement, and takes into account the scope of the
engagement, its complexity, and the expected time required for the engagement. MTAG charges a
negotiable fixed fee that ranges from $25,000 to $350,000 or an hourly fee of up to $350/hour. The exact
fee to be paid by the Client, along with the payment arrangement, will be listed in the advisory agreement
signed by the Client. Depending on the payment arrangement and terms negotiated with the Client, MTAG
will either charge a portion of the fee at the time of the engagement, with the balance payable upon
completion of the engagement; or, fees will be paid on a quarterly basis, in advance. When a quarterly
payment arrangement is negotiated with the Client, the financial planning agreement will self-renew
annually at the same annual rate (unless agreed otherwise in writing). If an hourly fee is used, the rate is
determined by the complexity and experience needed for the engagement. Hourly fees are billed in hourly
increments, and due upon delivery of service. MTAG's Financial Planning Engagement fee is either paid by
check or directly deducted from the Client’s account. In cases where the fee is directly deducted from the
Client’s account, MTAG will follow the invoicing process that is listed in the Wealth Management Services
Fees section below. We do not require the prepayment of more than $1,200 in fees, six or more months
in advance.

Investment Management Service Fee
For Clients receiving investment management services only, MTAG charges a fee of up to 1.75% of the
value of the investment portfolio. Fees are billed quarterly, in advance, and are based on the value of your
portfolio at the end of the preceding quarter. Investment management fees are negotiable depending on
factors such as the amount of assets under management, range of investments, and complexity of the
Client’s financial circumstances, among others. The exact fee to be paid by the Client will be clearly stated
in the investment management agreement signed by the Client and the firm.

MTAG will either invoice the Client directly for payment of fees or fees will be deducted directly from the
Client’s account through the qualified custodian holding the Client’s funds and securities. We will deduct
our advisory fee only when you have given our firm written authorization permitting the fees to be paid
directly from your account. Further, the qualified custodian will deliver an account statement to you at
least quarterly. These account statements will show all disbursements from your account.

At the inception of services, the first pay period’s fees will be calculated on a pro-rata basis. The
investment management agreement between the Client and MTAG will continue in effect until either

party terminates the investment management agreement in accordance with the terms of the investment
management agreement. MTAG’s annual fee will be pro-rated through the date of termination and any
pre-paid, unearned fees will be promptly refunded to the Client.

Wealth Management Services Fees
At the inception of service, the Client pays us a fixed fee of up to $12,500 for the creation of the written
financial plan. The fee is payable upon delivery of the plan. Once the plan is delivered, Clients pay an
ongoing management fee based upon a percentage of the market value of the assets being managed.
Wealth management fees are billed quarterly, in advance; and, they are based on the value of your
portfolio at the end of the preceding quarter. Terms of payment are stated in the wealth management
agreement signed by the Client and the firm. The fee includes ongoing revisions of the initial financial plan
and the management of the Client‘s portfolio. We charge the following annualized asset management
fees:

               Assets Under Management                 Annual Advisory Fee
               First $1,000,000                        0.95%
               Next $4,000,000                         0.50%
               Over $5,000,000                         0.25%

For example, assume that the fair market value of a portfolio at the end of the billing period is $4,000,000.
In this hypothetical example, our quarterly management fee would be assessed as follows: First
$1,000,000 of account value would be billed at a quarterly rate of .95%/4 ($1,000,000 x 0.2375=$2,375);
Next $3,000,000 of account value would be billed at a quarterly rate of .50%/4 ($3,000,000 x
0.12.5%=$3,750); the fee for various break points is then added together to determine the total quarterly
Account fee: $2,375 + $3,750 = $6,125.

Wealth management fees are negotiable depending on factors such as the amount of assets under
management, range of investments, and complexity of the Client’s financial circumstances, among others.
The exact fee to be paid by the Client will be clearly stated in the wealth management agreement signed
by the Client and the firm.

Generally, the wealth management fee will be deducted from the Client’s account held with a non-
affiliated, qualified custodian. The qualified custodian will provide the Client with an account statement
at least quarterly. This statement will detail all account activity, including any fees deducted from the
account(s).

MTAG will either invoice the Client directly for payment of fees or fees will be deducted directly from the
Client’s account through the qualified custodian holding the Client’s funds and securities. We will deduct
our advisory fee only when you have given our firm written authorization permitting the fees to be paid
directly from your account. Further, the qualified custodian will deliver an account statement to you at
least quarterly. These account statements will show all disbursements from your account.

At the inception of services, the first pay period’s fees will be calculated on a pro-rata basis. The wealth
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Item 7 - Types of Clients
MTAG generally provides investment advice to individuals and high net-worth individuals.
Client relationships vary in scope and length of service.

Account Minimums
MTAG does not impose an account minimum on its Clients.