RBP Investment Advisors Inc

ITEM 5: FEES AND COMPENSATION
Advisory Fees & Billing Practices
Compensation for this service is derived as fee income based upon a percentage of assets under
management. The compensation method is explained and agreed upon in advance before any services are
rendered. Asset management fees range up to 1.00% of the total amount of assets under management by
RBPIA. The amount of the fee is based upon a number of factors including the amount of work involved,

the assets placed under management and the types of securities and the attention needed to manage the
account.

Our asset management fees are paid quarterly, in arrears, as negotiated with the client and provided for in
the advisory agreement. Investment advisory services begin with the effective date of the Agreement,
which is the date the client signs the Investment Advisory Agreement. For new client accounts, our fee
will be pro-rated for the remaining calendar quarter.

We will charge an initial fixed fee of $300 for a tailored Investment Policy Statement which takes into
consideration the investment goals, risk tolerance and other guidelines as specified by the client. If the
client requires a personalized financial plan, the fee ranges from an additional $700 to $2,700, as
determined by the complexity of the client’s needs. RBPIA provides hourly consulting services to clients
upon request. The fee for this service will range from $125 to $350 per hour depending upon the
complexity of the work. Fees will be discussed and agreed upon in advance. Typically, these fees will be
billed on a monthly basis, after services have been rendered.

When providing Financial Planning services separate from Wealth Management services, we generally
request that you pay 50% of the estimated fee when you sign the Financial Planning Agreement. An
invoice for services is issued on completion of the written analysis and is payable on receipt. You may
pay for financial planning services or consulting by check or by providing authorization to have fees
deducted from your management account.

You may cancel our financial planning agreement at any time by providing written notice. Upon
cancellation, we will present you with an invoice for time spent, less the amount of the deposit received.
This invoice is payable upon receipt.

We have a conflict of interest when providing financial planning advice. If you implement the
recommendations made in the financial plan through us, we receive advisory fees as disclosed above.
You are not required to employ us to implement the financial plan. Additionally, RBPIA may
recommend that you rollover your retirement plan assets into an IRA account managed by RBPIA. Such
a recommendation creates a conflict of interest if RBPIA will earn a new or larger management fee as a
result of the rollover. No client is under any obligation to roll over retirement plan assets to an account
managed by RBPIA.

We generally request that you provide authorization for us to deduct our fees directly from your
investment account. Noted below is some important information about the deduction of management
fees:

       You must provide authorization for us to deduct fees by initialing the appropriate section of our
        contract.

       You will receive a detailed invoice each quarter which outlines our fees and how they are
        calculated.

       You will receive a statement from your custodian which shows all transactions in your account,
        including the deduction of our fee.

       You are responsible for reviewing the accuracy of the fees being billed, as the custodian will not
        do so.

You may elect to pay by check rather than having payment deducted directly from your account.

You may end our advisory relationship by providing 5 days written notice. We will prorate the advisory
fees earned through the termination date and send you an invoice for the advisory fees due.

Other Costs Involved

In addition to our advisory fee shown above, you are responsible for paying fees associated with investing
for your account. These fees include:

     internal management fees for ETFs and mutual funds. These are fees charged by the managers of
      the ETF or mutual fund and are a portion of the expenses of the ETF or mutual fund.

     brokerage costs and transaction fees for any trades are charged by your custodian and/or
      executing broker.

Regarding mutual fund purchases: Mutual funds generally offer multiple share classes depending on
certain eligibility and purchase requirements. While RBPIA’s goal is to ensure that clients are invested in
the lowest-cost share class they are eligible to own, you may not always hold the lowest cost share class
available. RBPIA will periodically review the share classes available for each mutual fund clients hold
and will seek to improve your share class when lower-cost share classes become available.

Additional information about brokerage costs and services is provided in “Item 12: Brokerage Practices.”

We believe the fees mentioned above are competitive; however you may be able to obtain similar services
from other sources at a lower price.

ITEM 7: TYPES OF CLIENTS
We offer wealth management services to individuals, trusts, estates, and business entities.

Generally we require that you maintain $500,000 under management with us. However, we may waive
that minimum at our sole discretion. RBPIA may accept accounts with substantially less than the
minimum account size from current client referrals and client family members.