Patrick M Sweeney & Associates Inc

Fees and Compensation
    Description
       Patrick M. Sweeney & Associates, Inc. bases its fees on a percentage of
       assets under management, hourly charges, and fixed fees. Please see
       Advisory Business above for the firm’s fee schedule. Some Retainer
       Agreements are priced based on the complexity of work, especially when
       asset management is not the most significant part of the relationship.
         Financial plans are priced according to the degree of complexity
         associated with the client’s situation.
         Fees are negotiable and further outlined in the previous sections defining
         types of agreements.

 Fee Billing
     Investment management fees are billed quarterly, in arrears, based upon the
     value of the account as of the last day of the current quarter. The value of the
     account includes cash and cash equivalents, accrued interest and dividends.
     In arrears means that we invoice you after the three-month billing period has
     ended. Payment in full is expected upon invoice presentation. Fees are
     usually deducted from a designated client account to facilitate billing. The
     client must consent in advance to direct debiting of their investment account.
     Fees for financial plans are billed upon delivery of the financial plan.
     Patrick M. Sweeney & Associates, Inc. is strictly a fee-only investment
     management and financial planning firm. The firm does not sell annuities,
     insurance, stocks, bonds, mutual funds, limited partnerships, or other
     commissioned products. The firm is not affiliated with entities that sell
     financial products or securities. No commissions in any form are accepted.
     No finder’s fees are accepted.

                        Patrick M. Sweeney & Associates, Inc.

 Other Fees
     Patrick M. Sweeney & Associates, Inc., in its sole discretion, can waive its
     minimum fee and/or charge a lesser investment advisory fee based upon
     certain criteria (e.g., historical relationship, type of assets, anticipated future
     earning capacity, anticipated future additional assets, dollar amounts of
     assets to be managed, related accounts, account composition, negotiations
     with clients, etc.).
      New Advisory Service Agreement fees are calculated on a formula basis and
      adjusted for complexity of individual situations. The formula is based on gross
      income, gross assets, and other financial considerations.
      In addition to the fees charged by Patrick M. Sweeney & Associates, Inc.,
      clients are responsible for the fees and expenses associated with the
      investment of their assets, such as brokerage commissions, transaction fees
      and expenses, and other expenses and charges imposed by broker-dealers
      and custodians who service client accounts (including but not limited to any
      custodian fees and account maintenance fees). Clients are additionally
      responsible for the fees and expenses of externally managed investments,
      such as third-party managers and/or investment advisers, and of mutual
      funds and exchange traded funds. Such fees, expenses, commissions and
      charges are exclusive of and in addition to the Patrick M. Sweeney &
      Associates, Inc. fee. See the Brokerage Practices section for additional
      information.

 Past Due Accounts and Termination of Agreement
     Patrick M. Sweeney & Associates, Inc. reserves the right to stop work on any
     account that is more than 180 days overdue. In addition, Patrick M. Sweeney
     & Associates, Inc. reserves the right to terminate any financial planning
     engagement where a client has willfully concealed or has refused to provide
     pertinent information about financial situations when necessary and
     appropriate, in Patrick M. Sweeney & Associates, Inc.’s judgment, to
     providing proper financial advice. Any unused portion of fees collected in
     advance will be refunded within 30 days.

Performance-Based Fees and Side-By-Side Management
    Sharing of Capital Gains
        Fees are not based on a share of the capital gains or capital appreciation
        of managed securities.
          Patrick M. Sweeney & Associates, Inc. does not use a performance-
          based fee structure because of the potential conflict of interest.
          Performance-based compensation can create an incentive for the adviser
          to recommend an investment that carries a higher degree of risk to the
          client.

                         Patrick M. Sweeney & Associates, Inc.

Types of Clients
   Description
      Patrick M. Sweeney & Associates, Inc. generally provides investment
      advice to individuals, pension and profit-sharing plans, trusts, estates, or
      charitable organizations.
        Client relationships vary in scope and length of service.

   Account Minimums
      The minimum new account size is $500,000 of assets under management.
        Patrick M. Sweeney & Associates, Inc. has the discretion to waive the
        account minimum. Certain accounts of less than $500,000 can be set up
        when the client and the advisor anticipate the client will add additional
        funds to the accounts bringing the total to $500,000 within a reasonable
        time. Other exceptions will apply to employees of Patrick M. Sweeney &
        Associates, Inc. and their relatives, existing clients as of December 31,
        2010, or relatives of existing clients.

Methods of Analysis, Investment Strategies and Risk of Loss