Petra Financial Advisors Inc

ITEM 5 - FEES AND COMPENSATION
  Description
    Petra bases its fees on a percentage of Assets Under Supervision, hourly charges, fixed fees or project
    fees.

    Lifetime Financial Planning
    Lifetime Financial Planning Clients are given an estimate of the total fee for the initial plan development
    at the conclusion of the fact-finding process. The estimated fee for the plan development is guaranteed
    by the Advisor within 15% of the estimate. The minimum financial planning development fee is $8,000,
    although the Advisor may offer a different fee at its own discretion or through negotiation with the
    Client. The fee is collected in quarterly installments over one year, with the first installment due at the
    beginning of the financial planning process. The Client may terminate at any time. Fees collected in
    excess of actual charges incurred are refunded in full if the contract is terminated. Fees not yet billed or
    paid are due and payable upon termination.

    Lifetime Financial Planning Clients receive a periodic offer from Petra for a review of their financial plan.
    Fees for these ongoing financial planning reviews and advice are included in the investment management
    fee and are not billed separately. Financial planning Clients who are not investment management Clients
    are billed for any financial planning advice beyond the development of the plan on a project fee basis.
    Such Clients must contact Petra to request ongoing Financial Plan reviews or any other advisory service.

    Investment Management Services
    Investment management fees are a function of the size of the account[s], ranging between 0.40% and
    2.00% of the market value of the assets placed under Petra’s management. The fee, as a percentage,
    reduces as the size of the account increases. Fees shall be prorated and paid quarterly in advance, based
    upon the market value of the assets on the last business day of the previous quarter. For Clients choosing
    to utilize the SEI Platform, fees are paid monthly in arrears. Petra in its sole discretion may reduce its
    investment management fee.

   A Client will have a period of five (5) business days from the date of signing the Client Service Agreement
   to unconditionally rescind the agreement and receive a full refund of all fees. Thereafter, either party may
   terminate the agreement with written notice.

   Existing Clients may have a different fee structure. Certain Clients may negotiate a lesser fee based on
   certain circumstances. For example, at its discretion, Petra may allow members of the same household to be
   aggregated for purposes of determining the advisory fee. Such aggregation may be allowed when Petra
   services accounts on behalf of children of current Clients, individual and joint accounts for a spouse.

   Retirement Plan Advisory Services
   Fees for retirement plan advisory services are charged an annual asset-based fee of up to 0.62%, Fees may
   be negotiable depending on the size and complexity of the Plan.

   Special Projects
   Special Project fees are set based upon a fixed fee ranging from $1,500 to $50,000. Fees may be
   negotiable based on the nature and complexity of the services to be provided and the overall relationship
   with the Advisor. An estimate for total costs will be determined prior to establishing the advisory
   relationship.

Fee Billing
   Clients using Lifetime Financial Planning or Investment Management only services may choose to have
   fees deducted quarterly from a designated brokerage account[s] at their qualified custodian to facilitate
   billing, or to be invoiced quarterly if necessary. Clients choosing to use the SEI Platform are billed
   monthly in arrears. The Client must consent in advance to direct debiting of their investment account for
   financial planning or investment management fees.

   Retirement Plan Advisory Services
   Fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan, depending on
   the terms of the Advisory Agreement.

   For a Special Project, $1,000 is due upon execution of the Client Agreement with the balance paid down in
   $2,000 quarterly payments or at the completion of the specified work. The Client may terminate at any
   time. Fees collected in excess of actual charges incurred are refunded in full if the contract is terminated.
   Fees not yet billed or paid are due and payable upon termination.

Other Fees
   Custodians may charge transaction fees on purchases or sales of certain mutual funds, stocks, bonds, and
   exchange-traded funds (“ETFs”). These transaction charges are usually relatively small and are incidental
   to the purchase or sale of a security. Charles Schwab does not charge securities transaction fees for ETF
   and equity trades in Client accounts, but typically charges for certain mutual funds and other types of
   investments. In some cases, custodians also charge monthly, quarterly or annual custody fees. Fees for
   custody are disclosed to the Clients when this type of arrangement is recommended.

   Mutual funds and ETFs charge a management fee for their services as investment managers. The
   management fee is included in the expense ratio of each fund. Mutual fund fees also include transaction
   charges for the purchase or sale of securities within the fund and may charge other fees as disclosed in the
   fund prospectus. Any such fees are in addition to the fees paid by the Client to Petra.

    It is possible that Petra from time to time will affect securities transactions and pay a commission that
    exceeds the commission another broker-dealer would have charged. For example, trades executed through
    SPFG, may incur a charge from Schwab as well as a basis point charge on each leg of the trade (buy and
    sell); trades done at Schwab and not executed through SPFG may incur a flat-fee with no additional basis
...

ITEM 7 - TYPES OF CLIENTS
  Description
    Petra’s Clients include individuals, high net worth individuals, retirement plans, families, as well as any
    related entities, such as trusts, estates and family businesses, and charitable organizations.