Probity Advisors Inc

ITEM 5    FEES AND COMPENSATION

Investment Supervisory Services - Individual Portfolio Management Fees
The annualized fee for Investment Supervisory Services will be charged as a percentage of assets under management,
according to the following schedule:

                                                             Probity Platform Advisory Fees

                                                                  Tactical       Diversified
                     Portfolio Value           Advantage                                       Fixed Income
                                                                 Allocation       Income

                       $0 - $99,999               1.22%            1.00%           1.22%           0.5%

                  $100,000 - $249,999             1.22%            0.90%           1.22%           0.5%

                  $250,000 - $499,999             1.22%            0.85%           1.22%           0.5%

                  $500,000 - $999,999             1.14%            0.80%           1.14%           0.5%

                      $1,000,000 +                1.05%            0.75%            1.05           0.5%

Our fees are billed quarterly, in advance, at the beginning of each calendar quarter based upon the value (market value
or fair market value in the absence of market value) of the client's account at the end of the previous quarter. Fees will be
debited from the account in accordance with the client authorization in the Client Services Agreement. Accounts are
subject to a minimum annual fee of $100.
A minimum from $10,000 to $250,000 of assets under management, depending on product, is required for these
services. The account sizes may be negotiable under certain circumstances. Probity Advisors, Inc. may group certain
related client accounts for the purposes of achieving the minimum account size and determining the annualized fee.
Accounts managed on behalf of Probity Advisors’ employees, their family members, and close acquaintances may be
subject to alternative fee schedules.
Fees and service terms are subject to periodic revision. Clients may be notified of fee & service revisions to their account
through the means defined in the Client Services Agreement. Furthermore, as firm-wide fee revisions occur, clients
account fee schedules may be “grandfathered” at their prevailing fee schedule. These fees may be greater or lower than
Probity Advisors current fee schedule.
Exceptions to both the general fee schedule and account minimums may be negotiated and granted on a case by case
basis by an accepting official of the firm. Exceptions are generally approved based on client total assets maintained by
the firm or instances where the fee waiver is requested by IAR, in consideration for IAR’s total AUM with our firm.
Annuity Allocation Services Fees
The assets invested in any annuity product for which Probity Advisors is providing Annuity Allocation Services are subject
to the fee scheduled contained in the client application. The fee is calculated and billed in accordance with the annuity
sponsor’s procedures and systems. Probity Advisors’ advisory fee is separate from, and in addition to, the management
fees and expenses charged on a continuing basis by the annuity sponsor, insurance company, and/or underlying
investment vehicle. Annuities have inherent risks, will fluctuate in value, incur losses based on the performance of

selected investments or investment strategy allocations, are suitable only as long-term investments, and should not be
viewed as short-term trading vehicles. Clients should carefully review the prospectus and other offering documents for
more information on annuities.

Retirement Plan Advisory Services Fees
Investment advisory fees are negotiated based on total plan assets. Retirement plan and plan participants may be subject
to additional fees or expenses for record keeping, ERISA testing, third party representative fees, mutual funds, custodian,
or broker-dealer services. These charges are more fully disclosed by those parties directly. Probity Advisors’
compensation is strictly limited to the fee disclosed in the plan’s advisory agreement.
Plan accounts are billed based on the qualified custodian and/or administrator’s policies designated by the client. In
cases where plan sponsors allow participants access to a brokerage window and those participants elect to use Probity
Advisors, Inc. as the investment advisor on their brokerage account, those accounts may be billed quarterly consistent
with the product platform selected.
Financial Planning Fees
Probity Advisors, Inc.'s Financial Planning fee will be determined based on the nature of the services being provided and
the complexity of each client’s circumstances.
Our Financial Planning fees are calculated and charged on an hourly basis, ranging from $100 to $250 per hour. Although
the length of time it will take to provide a Financial Plan will depend on each client's personal situation, we will provide
an estimate for the total hours at the start of the advisory relationship.
We may request a retainer upon completion of our initial fact-finding session with the client; however, advance payment
will never exceed $500 for work that will not be completed within six months. The balance is due upon completion of the
plan.
Financial Planning Fee Offset: Probity Advisors, Inc. reserves the discretion to reduce or waive, any or all financial
planning fees if the client chooses to engage our firm for investment supervisory services.
The client will be billed quarterly in arrears based on actual hours accrued.
Publication of Periodicals or Newsletters
Probity Advisors, Inc. does not charge subscription fees for any of our research publications.
Consulting Services Fees
Probity Advisors, Inc.'s Consulting Services fee will be determined based on the nature of the services being provided and
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ITEM 7    TYPES OF CLIENTS
Probity Advisors, Inc. provides advisory services to the following types of clients:
 Individuals (other than high net worth individuals)
 High net worth individuals
 Pension and profit-sharing plans (other than plan participants)
 Charitable organizations
 Corporations or other businesses not listed above
As previously disclosed in Item 5, our firm has established certain minimum account requirements to open and maintain

an account, based on the nature of the service(s) being provided. For a more detailed understanding of those
requirements, please review the disclosures provided in each applicable service.