Planning Strategies Inc

Item 5 Fees and Compensation
PSICM offers its services on a fee basis, which may include hourly and/or fixed fees, as well as fees
based upon assets under management.

Financial Planning and Consulting Fees
PSICM may charge a fixed fee and/or hourly fee for financial planning and consulting services. These
fees are negotiable, but generally range from $1,000 - $2,500 on a fixed fee basis and/or up to $400
on an hourly rate basis, depending upon the level and scope of the services and the professional
rendering the financial planning and/or the consulting services. PSICM may separately charge clients
for travel-related expenses. If the client engages PSICM for additional investment advisory services,
PSICM may offset all or a portion of its fees for those services based upon the amount paid for the
financial planning and/or consulting services. PSICM will not require the prepayment of advisory fees
six (6) months or more in advance and in excess of $1,200 per client. Prior to engaging PSICM to
provide financial planning and/or consulting services, the client is required to enter into a written
agreement with PSICM setting forth the terms and conditions of the engagement. Generally, PSICM
requires one-half of the financial planning / consulting fee (estimated hourly or fixed) payable upon
entering the written agreement. The balance is generally due upon delivery of the financial plan or
completion of the agreed upon services.

Investment Management Fee
Our investment management fee is based on a percentage of your assets we manage.

                         Assets Under Management            Client Fee
                              Below $250,000                  1.25%
                            $250,001-$500,000                 1.25%
                           $500,001-$1,000,000                1.15%
                          $1,000,001-$2,000,000               1.00%
                          $2,000,001-$5,000,000               0.85%
                           $5,000,001 and Above               0.75%

PSICM's annual fee is prorated and charged quarterly, in advance, based upon the market value of
the assets being managed by PSICM on the last day of the previous quarter. PSICM, in its sole
discretion, may negotiate to charge a lesser management fee based upon certain criteria (i.e.,
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, pre-existing client, account retention, pro bono
activities, etc.).

Our annual fee may alternatively be billed and payable quarterly in arrears based on the value of your
account on the last trading day of each calendar quarter. If the investment management agreement is
executed at any time other than the first day of a calendar quarter, our fees will apply on a pro rata
basis, which means that the advisory fee is payable in proportion to the number of days in the quarter
for which you are a client. Our advisory fee is negotiable, depending on individual client circumstances.

We deduct our fee directly from your account through the qualified custodian holding your funds and
securities, then we will deduct our advisory fee only when the following requirements are met:

    • You provide our firm with written authorization permitting the fees to be paid directly from your
      account held by the qualified custodian.

    • We send you a fee statement showing the amount of the fee, the value of the assets on which
      the fee is based, and the specific manner in which the fee was calculated.

    • The qualified custodian agrees to send you a statement, at least quarterly, indicating all
      amounts dispersed from your account including the amount of the advisory fee paid directly to
      our firm.

We encourage you to reconcile our fee statement with the statement(s) you receive from the qualified
custodian. If you find any inconsistent information between our fee statement and the statement(s) you
receive from the qualified custodian, please call our main office number located on the cover page of
this brochure.

PSICM's annual fee is exclusive of, and in addition to brokerage commissions, transaction fees, and
other related costs and expenses which are incurred by the client. PSICM does not, however, receive
any portion of these commissions, fees, and costs.

Fees Charged by Financial Institutions
As further discussed under Item 12 (below), PSICM generally recommends that clients utilize the
brokerage and custody services of Schwab Advisor Services, a division of Charles Schwab & Co., Inc.
(Schwab), a registered broker-dealer, member SIPC, to maintain custody of clients' assets and to
effect trades for their accounts.

PSICM may only implement its investment management recommendations after the client has

arranged for and furnished PSICM with all information and authorization regarding accounts with
appropriate financial institutions. Financial institutions include, but are not limited to, Schwab or any
other broker-dealer recommended by PSICM, broker-dealer directed by the client, trust companies,
banks etc. (collectively referred to herein as the "Financial Institutions").

Clients may incur certain charges imposed by the Financial Institutions and other third parties such as
custodial fees, charges imposed directly by a mutual fund or ETF in the account, which shall be
disclosed in the fund's prospectus (e.g., fund management fees and other fund expenses), deferred
sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other
fees and taxes on brokerage accounts and securities transactions. Additionally, for assets outside of
the Program, clients may incur brokerage commissions and transaction fees. Such charges, fees and
commissions are exclusive of and in addition to PSICM's fee.

PSICM's Agreement and the separate agreement with any Financial Institutions may authorize PSICM
...

Item 7 Types of Clients
PSICM provides its services to individuals, pension and profit sharing plans, trusts, estates, charitable
organizations, corporations and business entities.

Minimum Account Size
As discussed above in Item 4 and 5, as a condition for starting and maintaining a relationship, PSICM
generally imposes a minimum portfolio size of $100,000 for investment management services. For clients
with portfolios less than $100,000, PSICM offers its consulting services.

PSICM, in its sole discretion, may accept clients with smaller portfolios based upon certain criteria
including anticipated future earning capacity, anticipated future additional assets, dollar amount of
assets to be managed, related accounts, account composition, pre-existing client, account retention,
and pro bono activities. PSICM only accepts clients with less than the minimum portfolio size if, in the
sole opinion of PSICM, the smaller portfolio size will not cause a substantial increase of investment risk
beyond the client's identified risk tolerance. PSICM may aggregate the portfolios of family members to
meet the minimum portfolio size.