Partners in Financial Planning LLC

Item 5           Fees and Compensation

   A. Partners in Financial Planning, LLC offers investment advisory services, financial
      planning services and related consulting services.
         INVESTMENT ADVISORY SERVICES
         The annual retainer fee for wealth management or asset management services is charged
         on a quarterly basis and is based on a fixed planning fee component in addition to a
         percentage of the assets under management. The total fee typically ranges from 0.25% to
         1.00% per year depending on the size and complexity of the client's accounts, whether
         tax preparation is involved, whether there are specifically negotiated fees, and whether
         they are on a historically grandfathered fee schedule. The specific fee schedule charged
         is established in a client’s written agreement.

         For new clients we require prepayment of the first three months of fees, to ensure
         compensation for our initial financial planning work.

         Tax preparation services included in the base annual fee assume simple individual
         Federal and state income tax returns. Complex individual returns and corporate, trust
         and estate returns will incur additional fees.

    Our annual investment advisory fees shall generally cover both investment advisory
    services and ongoing financial planning services. In the event that the client requires
    extraordinary planning and/or consultation services, Partners in Financial Planning may
    determine to charge for such additional services, the dollar amount of which shall be set
    forth in a separate written notice to the client.

    FINANCIAL PLANNING AND CONSULTING SERVICES (STAND-ALONE)
    We may provide financial planning and/or consulting services (including investment and
    non-investment related matters, including estate planning, insurance planning, etc.) on a
    stand-alone hourly fee basis to a limited number of existing clients. We are no longer
    offering hourly services to new clients. Our hourly fee for financial planning and/or
    consulting services is negotiable, but shall generally be $350. Prior to engaging us to
    provide planning or consulting services, clients are generally required to enter into a
    Financial Planning and Consulting Agreement setting forth the terms and conditions of
    the engagement (including termination), describing the scope of the services to be
    provided, and the portion of the fee that is due from the client prior to PIFP commencing
    services.

B. Clients may elect to have their advisory fees deducted from their custodial accounts. Both
   our Investment Advisory Agreement and the custodial/ clearing agreement may authorize
   the custodian to debit the account for the amount of our investment advisory fee and to
   directly remit that management fee to us in compliance with regulatory procedures. In the
   event that we bill the client directly, payment is due upon receipt of our invoice.

C. Unless the client directs otherwise or an individual client’s circumstances require, we
   shall generally recommend that, Charles Schwab (“Schwab”) and/or Fidelity Investments
   (“Fidelity”) serve as the broker-dealers/custodians for client investment management
   assets. Broker-dealers such as, Schwab and Fidelity charge brokerage commissions
   and/or transaction fees for effecting certain securities transactions (i.e. transaction fees
   are charged for certain no-load mutual funds, commissions are charged for individual
   equity and fixed income securities transactions). In addition to Partners in Financial
   Planning’s investment management fee, brokerage commissions and/or transaction fees,
   clients will also incur, relative to all mutual fund and exchange traded fund purchases,
   charges imposed at the fund level (e.g. management fees and other fund expenses). When
   beneficial to the client, individual fixed-income and/or equity transactions may be
   effected through broker-dealers with whom our firm and/or the client have entered into
   arrangements for prime brokerage clearing services, including effecting certain client
   transactions through other SEC registered and FINRA member broker-dealers (in which
   event, the client generally will incur both the transaction fee charged by the executing
   broker-dealer and a “trade away” fee charged by Fidelity).

D. Partners in Financial Planning, LLC shall deduct fees and/or bill clients quarterly or
   semi-annually in advance, based upon the fixed annual fee calculated as described above.
   A new annual fee will be calculated on the one-year anniversary of the client’s original
   contract date, and then a revised fee will be calculated again every two years thereafter. If
   significant assets are added to the client’s investment accounts between fee calculation
   dates – from inheritances, business sales, retirement account rollovers or other cash
   inflows – we reserve the right to calculate a new annual fee to be in effect upon the
   addition of the new assets.
E. The Investment Advisory Agreement between Partners in Financial Planning, LLC and the

         client will continue in effect until terminated by either party by written notice in
         accordance with the terms of the Investment Advisory Agreement. Upon termination,
         Partners in Financial Planning, LLC shall refund the pro-rated portion of the advanced
         advisory fee paid based upon the number of days remaining in the billing period.

   F. Neither Partners in Financial Planning, LLC, nor its representatives accept compensation
      from the sale of securities or other investment products.

Item 7           Types of Clients

         Partners in Financial Planning, LLC’s clients shall generally include individuals, business
         entities, trusts, estates, charitable organizations and pension and profit-sharing plans.