Nikulski Financial Inc

Item 5: Fees & Compensation

In addition to the information provided in the Advisory Business section, this section provides details regarding Firm
services along with descriptions of each service’s fees and compensation arrangements.
Compensation for Our Advisory Services

Asset Management Fee Table:

         Assets Under Management                                         Annual Advisory Fee
         Up to $1,000,000                                                1.50%
         $1,000,001- $2,000,000                                          1.25%
         $2,000,001- $5,000,000                                          1.00%
         $5,000,001- $7,500,000                                          0.80%
         $7,500,001 - $10,000,000                                        0.70%
         $10,000,001- $15,000,000                                        0.65%
         $15,000,001 - $20,000,000                                       0.60%
         Over $20,000,000                                                0.50%

FEE SCHEDULE: Asset Management - Investment Strategy Allocation

At the client’s discretion, multiple accounts under the same household may be aggregated to reach fee break points.

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 business day of the previous quarter. Fees will generally be automatically deducted from your managed account.
Adjustments will be made for deposits and withdrawals during the quarter for each deposit or withdrawal that exceeds
$25,000. As part of this process, you understand and acknowledge the following:

   a) The client’s independent custodian sends statements at least quarterly showing the market values for each
      security included in the Assets and all account disbursements, including the amount of the advisory fees paid to
      our firm.

   b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our firm will send an
      invoice directly to the custodian; and
   c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of information provided in
      our statement with those from the qualified custodian will be included.

Financial Planning & Consulting:
We may charge on an hourly or flat fee basis for financial planning and consulting services. The total estimated fee, as well
as the ultimate fee that we charge you, is based on a case-by-case basis, and are dependent upon the level and scope of the
Client’s goals, the number of persons in the household, number of accounts, policies, etc., the client’s stage in lifecycle,
number of additional advisers, existence of current plans, overall complexity of financial situation and other relevant client
specific information.

We and the Client will mutually agree upon a fair and reasonable rate and structure for equitable compensation based
upon those factors listed immediately above in consideration of the scope of services desired by the client.

Our hourly fees range from $150 to $350, which is billed in fifteen-minute increments. Projects spanning more than three
months will be billed quarterly. The items addressed in a modular plan or general consulting services may include one or
more of the services listed above. The amount of time spent will depend on the complexity of the request and all services
will be completed within six months.

The total number of hours will be estimated prior to the engagement will be specified in our Financial Consulting
Agreement for hourly services. Financial plans are generally assessed at a minimum fee of $500. The client will be
invoiced directly for hourly fees.

Our flat/fixed fees range from $500 to $10,000. This fee for Financial Planning and Consulting Services is offered to
clients for small consulting projects or as part of an annual retainer program. Such services include any combination of
the above-listed services, periodic reviews, revisions/updates to the financial plan, and day-to-day consulting as
required.

Fee Examples:

A client with limited financial investing history and modest assets who contracts with us for a single service listed above
would typically be charged a fee of $500 - $2,000, because of limited document review and fewer consulting options. A
client with maximum complexity who contracted us for all services listed above which may require forty or more hours
of our time would typically be charged an annual service fee of $10,000. We will outline a six-month service plan and
charge the client 50% as an initial retainer. Our services will be completed within six months. A client meets with us to
discuss basic financial consulting issues and seeks general investment advice relating to broad issues such as retirement
planning and education planning. The meeting lasts 2 hours and follow up research takes 2 hours. At $200 per hour, the
client would be charged a $400 retainer at the time of the initial meeting ($200 x 2 hours) and an additional $400 upon
completion of the engagement ($200 x 2 hours). We will perform all financial consulting work before six months expire.

401(k) Account Management:

401(k) Management services are billed a fee based on the value of the assets being managed in the account. The total
estimated fee being charged is determined at the time of the agreement being established; and will vary based on which
of the following services a client chooses:

   •   Limited Management: The fee for an account where we have advisor access to the custodial platform and the
       investment options are limited to mutual funds is 0.35%

   •   NF Investment Strategy Allocation: The fee for an account where we have advisor access to the custodial
       platform and we can use our investment strategy, is set out in the fee table in Item 5 ‘Compensation for our
       Advisory Services’
...

Item 7: Types of Clients & Account Requirements
Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals
   • Corporations
   • Trusts, Estates or Charitable Organizations
   • Pension and Profit-Sharing Plans

Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging us.