ODER Investment Management LLC

ITEM 5 - FEES AND COMPENSATION
Compensation

Investment Management Services
Fees are generally set at 1%. If a client has an account that will not require as much of our time because
it is primarily cash or fixed income, we will negotiate a lower fee. Some accounts are under different fee
schedules honoring prior agreements. Our standard fee schedule is generally negotiable based on a
number of factors, which include but are not limited to “grandfathered” accounts, related accounts, and
other structures that we may consider in special situations. We also manage some family and related
accounts without charge.

We require authorization to deduct our fees directly from our clients’ investment accounts. Please note
the following important information about the deduction of management fees:

    •   With client authorization, we will instruct the custodian to automatically withdraw our advisory
        fee from the client’s account(s). Clients receive brokerage statements from the custodian no less
        frequently than quarterly, which show the deduction of our advisory fee.
    •   Clients receive a statement from the custodian, which shows holdings and transactions for the
        reporting period.
    •   Clients are responsible for reviewing the accuracy of the fees being billed, as the custodian will
        not do so.

Financial Planning Services
OIM charges a negotiable fixed fee ranging from $1,000 to $5,000 for financial planning services, the
total of which is calculated based on our hourly rate of $200 per hour and dependent upon the level and
scope of these services. We will provide an estimate of the total fee required at the start of the
relationship. The actual time spent, and therefore the fee, may be lower or higher than the estimated
amount. After work has started, we will notify the client in advance if we anticipate that a flat fee will
exceed our original estimate. Some accounts are under different fee schedules honoring prior
agreements. OIM also provides services at a reduced rate or free of charge for certain clients (such as
family members).

OIM will discount a client’s financial planning services fee against future advisory fees should the client
also choose to retain our services for investment management services. Any such discount will be
reflected in the client’s investment management agreement.

Retirement Plan Consulting Services
Our Retirement Plan Consulting services fees are typically billed at a rate of 0.25% to 0.50% annually
based on the percentage of Plan assets under management and the scope and complexity of the
engagement with the client.

Oder Investment Management                        Page 10                                   Part 2A Brochure

Billing Method

Investment Management Services
OIM’s advisory fees are payable quarterly in advance at the beginning of each calendar quarter. We
charge one fourth of the annual fee rate each quarter based on the market value of the client’s portfolio
as of the last business day of the prior calendar quarter. The formula used for the calculation is as
follows: (Annual Rate) x (Total Assets Under Management at Quarter-End) / 4. For advisory fee
calculation purposes, a calendar quarter is a period beginning on January 1, April 1, July 1, or October 1
and ending on the day before the next quarter. A day is any calendar day including weekends and
holidays. For new accounts, the number of days remaining in the quarter is the number of calendar days
following the funding date of the new account.

When applicable, fees billed on assets held in client accounts that receive valuations less than quarterly
will be calculated using the most recent pricing data available through the product sponsor and/or the
client’s custodian.

Financial Planning Services
50% of the financial planning fee is due and payable at the time the client executes the agreement. The
remainder of the fee is due upon presentation of the financial plan.

Retirement Plan Consulting Services
Retirement Plan Consulting Services fees are calculated and debited quarterly in arrears by each Plan’s
administrator and remitted to OIM.

Other Fees and Expenses
In addition to our advisory fee shown above, clients are responsible for paying fees associated with
investing in their accounts. OIM’s fees do not include custodian fees. Clients pay all brokerage
commissions, stock transfer fees, and/or other similar charges incurred in connection with transactions
in accounts from the assets in the account. These charges are in addition to the fees client pays to OIM.
See Item 12 - Brokerage Practices below for more information. In addition, any fund shares held in a
client’s account are subject to fund-related expenses and, if applicable, any 12b-1 fees and/or early
redemption fees on mutual funds. Each fund’s prospectus fully describes its fees and expenses. All fees
paid to OIM for investment advisory services are separate and distinct from the fees and expenses
charged by funds. Funds pay advisory fees to their managers, which are indirectly charged to all holders
of the fund shares.

Termination

Investment Management Services
Either party may terminate the agreement upon written notice to the other party. We will prorate the
advisory fees earned through the termination date and send a refund of any prepaid, unearned portion
of our management fee. We process refund payments within 30 days of the termination date and will
send a check or refund to the client’s investment account. In either case, we will provide a final invoice
detailing the calculation of the refund. If a client terminates before asset management starts we do not
charge a fee.

Oder Investment Management                        Page 11                                  Part 2A Brochure

Financial Planning Services
Either party may terminate a financial planning engagement at any time upon written notice to the
...

ITEM 7 - TYPES OF CLIENTS
We generally provide discretionary investment advice and financial planning services to individuals,
trusts, and foundations. For investment management services, we generally require that clients
maintain at least $500,000 in portfolio assets under our management and we generally combine family
accounts to meet the minimum. This minimum may be waived at our sole discretion.