Natural Investments Pbllc

5. Fees and Compensation
Natural Investments is compensated for portfolio management and account services on an "assets
under management“ fee model, or hourly. Financial planning services are billed project-based,
hourly, or on retainer.
Portfolio Management
Management fees are assessed to each client as an annual percentage of the assets under manage-
ment, billed quarterly or monthly, and billed retroactively.

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Portfolio Management Fee Schedule
Fees are based on the asset value of account, billed retroactively to the client’s account quarterly.
In some cases, fees are calculated and billed monthly. NI uses the daily average balance method
to calculate fees. Other custodians or separate account managers may use an alternative billing
method, such as end of period value or billing in advance.
Our fees vary based on services to be provided and the office or advisor you work with. The fee
will be no greater than what is shown here:

                                  Tier                     Fee
       On the first               $200,000                 1.35%
       On the next                $300,000                 1.25%
       On the next                $500,000                 1.10%
       On the next                $1,000,000               0.95%
       On the next                $3,000,000               0.85%
       On the next                $15,000,000              0.65%
       On the amount above        $20,000,000              0.55%

Clients with special circumstances, non-profit organizations and charitable institutions may be eli-
gible for negotiable reduced fees determined on a case-by-case basis. The minimum annual fee is
$500. NI as a firm has a $50,000 minimum of investable assets per client, though this minimum
may be negotiable for certain advisors and situations. Most of our financial advisors publish a
higher minimum per the NI website.
Accounts that have been open for less than three full months at the end of a quarter will be billed
on a pro-rated basis. The client will be issued an invoice at the time of billing showing the amount
owed and the method for calculating the fee.
Fees are typically deducted and withdrawn from the appropriate client account held at a qualified
custodian, or the client may elect to pay fees directly. Please note that the fee schedule for new
clients may change periodically, though existing clients will not face an increase in fees without
their written approval.
Natural Investments does not typically require prepayment of fees. Additionally, NI does not re-
quire prepayment of more than $1,200 in fees per client, six months or more in advance.
Clients may have the option to purchase investment products that we recommend through other
channels, such as through other brokerage firms, agents or directly from the companies or mu-
tual fund distributors.
Hourly and Financial Planning Services
For clients who primarily seek advice without ongoing portfolio management services, some NI
advisors may choose to offer hourly investment consulting. Typically, a Client Questionnaire will

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be completed, and the advisor will use this, current investment statements, and client conversa-
tions to develop an asset allocation plan which addresses the client’s financial status, social and
financial goals, and risk tolerance. This type of service does not generally include ongoing and
continuous advice or monitoring of an account.
Financial planning advice is available on a one-time or ongoing basis. In considering the client’s
goals and financial position, financial planning may include any or all of the following: analysis of
present position, goal-setting, risk and asessment, tax considerations, college savings, retirement,
and estate planning in the context of financial and/or investment advice. NI advisors do not offer
legal advice. Advisors may offer limited tax advice such as reviewing cost basis. Financial plan-
ning may also reflect a client’s social and ethical priorities with respect to making investments and
other plans.
The fees for these services may be by the hour or project-based, are negotiable and are agreed
upon between client and advisor. The client is billed in arrears periodically, at time of service,
monthly, or quarterly. The scope of work and estimated fee is agreed upon by way of a Client Ser-
vices Agreement before the project begins and may be updated as needed.
The fee for financial planning will be due immediately upon completion of the advisory services
and is payable to Natural Investments. NI may request a $500 or 50% deposit to begin financial
planning work, projects, or consultations. This deposit is negotiable. Retainer fees for ongoing fi-
nancial planning services will be billed in arrears on a quarterly basis. Fees for advisory services
already rendered are not refundable. The advisory relationship may be terminated by the client, by
mutual agreement, or at the discretion of the advisor, in which case written notice will be given.
The client is under no obligation to act upon the advisor’s recommendations, and if the client
elects to act on any of the recommendations, the client is under no obligation to effect the trans-
action through the investment advisor.
NI’s relationship with each client is non-exclusive; in other words, NI provides investment super-
visory services and financial planning services to multiple clients. NI seeks to avoid situations in
which one client’s interest may conflict with the interest of another of its clients.
Other Fees and Expenses
Brokerage fees– NI primarily uses Charles Schwab & Co. Inc. (Schwab) as custodian of client ac-
counts. Some accounts may be custodied at FOLIO Investments, DST Systems, or others. Clients
...

7. Types of Clients
Natural Investments offers fee-only advisory services to individuals and institutions including
trusts, estates, charitable organizations, and corporations or other business entities, including pen-
sion and profit-sharing plans.
As a firm, NI has a $50,000 minimum household account size, though this minimum may be ne-
gotiable. These minimums may be changed or eliminated at any time. However, NI requires a
minimum annual fee of $500. NI, in its sole discretion, may charge a lesser management fee, or
choose to reduce or waive the quarterly minimum fee, or change its minimum account size based
upon certain criteria (i.e. pre-existing financial planning client, anticipated future earning capac-
ity, anticipated future additional assets, dollar amount of assets to be managed, related accounts,
account composition, negotiations with client, etc.).