Nelson Capital Management LLC

Item 5: Fees & Compensation

We are required to describe our brokerage, custody, fees, and fund expenses so you will know how
much you are charged and by whom for our advisory services provided to you.

Comprehensive Portfolio Management & Retirement Plan Asset Management:

           Assets Under Management                         Annual Percentage of Assets Charged
                First $3,000,000                                         1.00%
                Next $2,000,000                                          0.75%
                Next $5,000,000                                          0.50%
                Next $15,000,000                                        0.375%
                Over $25,000,000                                         0.25%

Our firm’s fees are billed on a pro-rata annualized basis quarterly in advance based on the value of
your account on the last day of the previous quarter. Clients may aggregate their accounts for the
purpose of calculating –our fees and the pro-rata share will be borne by each account. In situations
where we are asked to provide financial planning for a client and we are managing only a portion of
their liquid assets, financial planning and asset management services will be billed separately, fees
to be charged for these services shall be based on a fee schedule negotiated and listed on the clients
agreements Additionally, in the case of multi-generational family relationships we may negotiate fees
to apply a single rate that considers the sum total of family assets in order to determine the tier to
which the fees apply.

Fees will generally be automatically deducted from your managed account*. Further, our firm will
assess advisory fees on cash and cash equivalents held in client accounts. As part of this process, you
understand and acknowledge the following:

a) Your independent custodian sends statements at least quarterly to you showing all
   disbursements for your account, including the amount of the advisory fees paid to us;
b) You provide authorization permitting us to be directly paid by these terms;
c) If we send a copy of our invoice to you, we send a copy of our invoice to the independent custodian
   at the same time we send the invoice to you;
d) If we send a copy of our invoice to you, our invoice includes a legend that urges the client to
   compare information provided in their statements with those from the qualified custodian in
   account opening notices and subsequent statements sent to the client for whom the adviser
   opens custodial accounts with the qualified custodian as required by paragraph (a) (2) of Rule
   206(4)-2 under the Investment Advisers Act of 1940.

   *In rare cases, we will agree to direct bill clients.

Financial Planning:

We charge on an hourly fee for financial planning services to clients who do not hire us for
discretionary asset management. The total estimated fee, as well as the ultimate fee that we charge
you, is based on the scope and complexity of our engagement with you. Our hourly fees are
$500/principal hour for financial advisors.

We require a retainer of fifty-percent (50%) of the ultimate financial planning with the remainder of
the fee directly billed to you and due to us within thirty (30) days of your financial plan being
delivered to you. In all cases, we will not require a retainer exceeding $1,200 when services cannot
be rendered within 6 (six) months.

Other Types of Fees & Expenses

Clients will incur transaction charges for trades executed in their accounts, via individual transaction
charges. These transaction fees are separate from our fees and will be disclosed by the firm that the
trades are executed through. It is important to note, however, that Charles Schwab & Co., Inc.
(“Schwab”) does not charge transaction fees on Domestic Stocks and ETF transactions. Also, clients
will pay the following separately incurred expenses, which we do not receive any part of: charges
imposed directly by a mutual fund, index fund, or exchange traded fund which shall be disclosed in
the fund’s prospectus (i.e., fund management fees and other fund expenses).

Termination & Refunds

We charge our advisory fees quarterly in advance. In the event that you wish to terminate our
Comprehensive Portfolio Management & Retirement Plan Asset Management services, we will
require thirty days (30) written notice. We will refund the unearned portion of our advisory fee to
you. You need to contact us in writing and state that you wish to terminate our services. Upon
receipt of your letter of termination, we will proceed to close out your account and process a pro-
rata refund of unearned advisory fees.

Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
firm.

Commissionable Securities Sales

We do not sell securities for a commission. In order to sell securities for a commission, we would
need to have our associated persons registered with a broker-dealer. We have chosen not to do so.

Item 7: Types of Clients & Account Requirements

We have the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Trusts, Estates or Charitable Organizations;
   • Pension and Profit Sharing Plans;
   • Other Investment Advisers

Our requirements for opening and maintaining accounts or otherwise engaging us:

   •   We generally require a minimum account balance of $2,000,000 for our Comprehensive
       Portfolio Management service. Generally, this minimum account balance requirement is not
       negotiable and would be required throughout the course of the client’s relationship with our
       firm. We have the discretion to waive the account minimum. Accounts of less than $2,000,000
       may be set up when the client and our firm anticipate the client will add additional funds to
       the accounts bringing the total to $2,000,000 within a reasonable time. Other exceptions will
       apply to employees of Advisor and their relatives, or relatives of existing clients.