Nations Financial Group Inc

Item 5 Fees and Compensation
Fees for advisory services are negotiable, thus vary from Client to Client. The fees you pay for
advisory services will vary based on a number of factors including but not limited to; the specific
IAR that is providing the service, the geographic location of the Client and IAR, the types of
securities being managed, the account size, special service requests you may have and specific

account related service requests of the Client.

Whereas we do not generally waiver from these fee schedules, we reserve the right to charge you
a higher or lower fee or one different from the guidelines set forth in these fee schedules and one
lower or higher than fees charged to another client with a similar account.

A portion of the fees will be paid to your IAR in connection with the introduction of Accounts as well
as for providing Client-related services. This compensation could be more or less than an IAR
would receive if you paid separately for investment advice, brokerage, and other services. If an IAR
wishes to discount Fee below certain levels, they have the ability to do so under certain
circumstances. IAR’s generally will earn reduced compensation resulting from the discount. This
creates an incentive for IAR’s to not discount.

Individual Portfolio Management, Pension Consulting and Third-Party Manager program asset-
based fees range as high as 2.25% for discretionary, non-discretionary, and sub-adviser advisory
accounts (additional transaction or trading costs may apply) and up to 2.50% for all-inclusive wrap
accounts where transaction costs are included in the fee (NFGI Wrap). The specific asset-based
fees are documented in the advisory contract and/or fee schedule that you sign prior to providing
services.

For NFGI’s 401K Portfolios that are offered as a 3(38) manager the fees will range from .10-.30%.

NFGI Portfolios may have fees range up to a maximum of 1.50% and may be discounted by the
IAR on the account.

Fees will be applied to cash sweep balances and cash alternatives (i.e., money market funds) held
inside the Account. Clients will, in many instances, pay more in fees with respect to sweep vehicle
holdings, than the interest earnings that may be generated by these sweep vehicle holdings.

Financial Consulting fees vary greatly depending on the needs of the Client and the scope of the
agreement and are subject to negotiation between IAR and Client. Fees for consulting must be
agreed to by you and IAR in writing and will be charged on a one-time basis.

Accounts may hold assets that are considered non-billable or below the line. These may include
assets held away but shadow posted in the account or certain mutual funds that have yet to
convert to an advisory or lower cost share class, and various other situations.

NFGI believes its advisory services are competitively priced, however you may be able to receive
similar services at a lower price elsewhere. Fees for consulting services will vary according to each
IAR and their services provided.

Certain fee discounts may be provided to friends and family members of the IAR.

In an advisory Account, you pay fees based on the percentage of assets in your Account in
accordance with an investment advisory agreement. Certain services or products have higher total
fees than others based on a number of factors including, but not limited to, management fees, and
administrative fees. A conflict of interest exists to the extent that we have a financial incentive to
recommend a particular advisory Program that results in additional or greater compensation to us.

Fee Billing Process
Asset Based - You will pay NFGI for its services and for the services of your IAR in advance on a
quarterly basis, or as otherwise agreed upon between the parties and stated in the fee schedule.
The initial fee will be immediately charged once the account is under agreement and funded. The
fee will be prorated for the number of days in the partial quarter the account is under agreement by
using the opening balance. Thereafter all account’s quarterly fees will be charged in advance
during the first month of the quarter and will be based on the ending account balance of the prior
quarter. NFGI’s fee will be debited from the account on payment date which is on or about the
fifteenth business day of the month. Should you make a deposit or withdrawal during any quarter,
the account may be charged or credited back a partial advisory fee. To determine whether a partial
fee is applicable (generally on the 3rd week of the month); the net additions/withdrawals from the
prior month are used to calculate a prorated fee on the amount. Should the prorated fee be a
positive or negative $40 or more, it will be debited from or credited to the account. Generally,
deposits to accounts can increase fees charged and withdrawals from an account can reduce fees
paid.

Fee schedules may be amended from time to time by NFGI upon thirty (30) days written notice to
you. Any fee schedule charges previously in effect shall continue until the next billing cycle.

You may pay the aforementioned fees from outside funds provided that your IAR is notified in
advance and outside funds are sufficient to pay the fees are paid to NFGI on or prior to payment
date. You authorize NFGI to request a withdrawal of fees from the account. You will be notified of
the quarterly fee on the statement that comes from the account custodian.

In some cases, the account value in which the fee is based may differ from the statement value on
the custodian issued statement. This will generally occur in instances where the account has
accrued interest or dividends past ex-date that have yet to post to the account.

For eligible securities purchased previously in a brokerage account and subsequently moved into
an advisory account, these securities will be included in the calculation of fees for services and are
in addition to any previous brokerage charges paid.
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Item 7 Types of Clients
NFGI provides advisory services to the following types of Clients:

   •   Individuals (other than high-net-worth individuals)
   •   High net worth individuals
   •   Pension and profit-sharing plans (other than plan participants)
   •   Trusts, estates, or charitable organizations
   •   Corporations or other businesses not listed above

General minimum account size for Individual Portfolio Management services is $25,000. The

minimum account size for Third Party Management services will vary depending on the program
and advisor. This may range from $25,000 to $250,000.

IF APPLICABLE: Grandfathering of Minimum Account Requirements: Pre-existing advisory Clients
are subject to NFGI's minimum account requirements and advisory fees in effect at the time the
Client entered into the advisory relationship. Therefore, our firm's minimum account requirements
will differ among Clients. In addition, certain exceptions to the minimum will made at the discretion
of the firm.