PCG Asset Management LLC

Item 5 Fees and Compensation
Financial Planning Services
Financial planning fees may be charged in one of the following manners:

1. As a fixed fee, typically ranging from $1,000 to $5,000;
2. As an hourly charge at the rate of up $350 per hour; or
3. As a percentage of assets under consultation and will not exceed 2.0% of the value of the assets
under consultation.

Financial Planning Services fees are dependent on the nature and complexity of each client's
circumstances. Fees for Financial Planning Services are due and payable upon delivery of the financial
plan and/or financial planning recommendations; provided, however, that if the client elects to retain
PCG to implement the financial planning recommendations pursuant to a separate advisory
agreement, the Financial Planning Services fee will be offset by the portfolio management fee in
subsequent years. Details of the financial planning services fee is more fully described in the financial
planning agreement entered into with each client.

Selection of Other Advisers
We do not charge you a separate fee for the selection of other advisers. We will share in the advisory
fee you pay directly to the TPMM. The advisory fee you pay to the TPMM is established and payable in
accordance with the brochure provided by each TPMM to whom you are referred. These fees may or
may not be negotiable. Our compensation may differ depending upon the individual agreement we
have with each TPMM. As such, a conflict of interest exists where our firm or persons associated with
our firm has an incentive to recommend one TPMM over another TPMM with whom we have more
favorable compensation arrangements or other advisory programs offered by TPMMs with whom we
have less or no compensation arrangements.

You may be required to sign an agreement directly with the recommended TPMM. You may terminate
your advisory relationship with the TPMM according to the terms of your agreement with the TPMM.
You should review each TPMM brochure for specific information on how you may terminate your
advisory relationship with the TPMM and how you may receive a refund, if applicable. You should
contact the TPMM directly for questions regarding your advisory agreement with the TPMM.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. We do not share in any portion of the brokerage
fees/transaction charges imposed by the broker-dealer or custodian. To fully understand the total cost
you will incur, you should review all the fees charged by mutual funds, exchange traded funds, our
firm, and others. For information on our brokerage practices, refer to the Brokerage Practices section
of this brochure.

Compensation for the Sale of Securities or Other Investment Products
Persons providing investment advice on behalf of our firm are registered representatives with Cetera
Advisors, a securities broker-dealer, and a member of the Financial Industry Regulatory Authority and
the Securities Investor Protection Corporation. In their capacity as registered representatives, these
persons receive compensation in connection with the purchase and sale of securities or other
investment products, including asset-based sales charges, service fees or 12b-1 fees, for the sale or
holding, of mutual funds. Compensation earned by these persons in their capacities as registered
representatives is separate and in addition to our advisory fees. This practice presents a conflict of
interest because persons providing investment advice to advisory clients on behalf of our firm who are
registered representatives have an incentive to recommend investment products based on the
compensation received rather than solely based on your needs. Persons providing investment advice
to advisory clients on behalf of our firm can select or recommend, and in many instances will select or
recommend, mutual fund investments in share classes that pay 12b-1 fees when clients are eligible to
purchase share classes of the same funds that do not pay such fees and are less expensive. This
presents a conflict of interest. You are under no obligation, contractually or otherwise, to purchase
securities products through any person affiliated with our firm who receives compensation described
above.

We have a fiduciary duty to act in our client's best interest including the duty to seek best execution.
Therefore, our mutual fund selection and recommendation process takes into consideration several
factors in order to meet this requirement. See the Brokerage Practices section for additional
information on our mutual fund share class selection process.

Persons providing investment advice on behalf of our firm are licensed as independent insurance
agents. These persons will earn commission-based compensation for selling insurance products,
including insurance products they sell to you. Insurance commissions earned by these persons are
separate and in addition to our advisory fees. This practice presents a conflict of interest because
persons providing investment advice on behalf of our firm who are insurance agents have an incentive
to recommend insurance products to you for the purpose of generating commissions rather than solely
based on your needs. You are under no obligation, contractually or otherwise, to purchase insurance
products through any person affiliated with our firm.

Item 7 Types of Clients
PCG provides investment advisory services to individuals, high net worth individuals, pension and
profit-sharing plans, trusts, estates or charitable organizations and corporations or other business
entities.

Financial Planning Services - PCG requires a minimum annual fee of $1,000 for Financial Planning
clients provided, however, that PCG retains the right to reduce or waive the minimum annual fee.