Richardson Financial Services Inc

Item 5.         Fees and Compensation

Financial Planning Services

For this service, at our discretion based on the complexity of a client’s financial situation,
we charge either a one-time fixed fee, typically ranging from $2,000 to $7,500, or hourly
fees, typically at a rate of $250 per hour. Up to 50% of the fee is typically due upon
signing the financial planning agreement with the balance due upon presentation of the
plan or other work product to the client.

At our discretion, we reduce these fixed fees if a Financial Planning client chooses to
engage our firm for its other advisory or non-advisory services.

 AssetMark Platform

 Clients participating in the AssetMark Platform will pay a total “wrap fee” ranging from
 1.5% to 2.2% of assets under management, depending on the investment solution
 selected. This total fee includes our advisory fee, typically 1.00% of assets under
 management, and AssetMark's fee ranging from 0.50% to 2.5% of assets under
 management. Cash is considered an asset class, funds held in a cash account are charged
 the same management fees as other assets the firm manages.

 AssetMark collects fees quarterly, in advance, and remits us our portion of the total fee.
 Clients may terminate AssetMark accounts at any time and receive a full pro-rata refund
 of any unearned fees. We do not control AssetMark’s billing features. Clients should
 refer to AssetMark's Form ADV Part 2 and Part 2A Appendix I wrap fee brochure for
 additional fee and billing information.

 Envestnet Platform

 Clients participating in the Envestnet Platform will pay a total “wrap fee” ranging from
 .60% to 2.2% of assets under management, depending on the investment solution
 selected. This total fee includes our advisory fee, typically not more than 1.00% of
 assets under management, and Envestnet's fee ranging from 0.50% to 2.5% of assets
 under management. Cash is considered an asset class, funds held in a cash account are
 charged the same management fees as other assets the firm manages.

 Unless otherwise agreed to by the client and RFS, program fees are charged on a calendar
 quarter basis in advance and prorated to the end of the quarter upon inception of the
 account. Envestnet’s billing services can accommodate different billing calculations.
 These customizations, such as billing in arrears or billing accounts based on the average
 daily balance, result from customizations requested by the Advisor. Envestnet calculates
 the RFS fee, deducts their program fee, RFS fee, and the custodian fee from the client’s
 account and remits us our portion of the total fee. Either Envestnet or the client may
 terminate the agreement with Envestnet at any time, for any reason, upon receipt of 30
 days prior written notice. Clients will receive a prorated refund of any pre-paid quarterly
 program fee, based upon the number of days remaining in the quarter after the
 termination date. We do not control Envestnet’s billing features. Clients should refer to
 Envestnet's Form ADV Part 2 and Part 2A Appendix I wrap fee brochure for additional
 fee and billing information. On a quarterly basis, RFS verifies fee calculations were
 made correctly.

The standard fee schedules for Envestnet’s Programs are below, but lower fees may be
separately negotiated by RFS:

                                          SMA Portfolios*
                 Equity/ Balanced   Fixed Income      Funds         PMC Liquid       PMC
Amount           SMA Portfolios     SMA Portfolios                  Alternatives     Quantitative
                                                                                     Portfolios™
First $250,000   0.50%-1.81%        0.50%-1.50%       0.27%-0.69%    0.45%-0.75%      0.05%-0.55%
Next $250,000    0.50%-1.56%        0.50%-1.31%       0.27%-0.50%    0.45%-0.63%      0.05%-0.55%
Next $500,000    0.50%-1.50%        0.50%-1.25%       0.25%-0.41%    0.45%-0.63%      0.05%-0.55%

Next $1,000,000          0.50%-1.36%               0.50%-1.21%               0.23%-0.38%               0.45%-0.63%                0.05%-0.55%
Next $3,000,000          0.50%-1.26%               0.50%-1.20%               0.23%-0.36%               0.45%-0.63%                0.05%-0.55%
Over $5,000,000          0.50%-1.26%               0.50%-1.20%               0.23%-0.35%               0.45%-0.63%                0.05%-0.55%
 * The fee charged depends on the manager(s) selected. Fees are calculated on a per account basis. Mutual funds, ETFs and other
 Funds have internal operating expenses that they charge that are separate than the fees shown in this table. Please see the prospectus or
 related disclosure document for information regarding these fees. Envestnet and its affiliates do not retain 12b-1 fees from mutual
 funds in which Clients invest. Any 12b-1 fees inadvertently received shall be returned to the fund company.

                                                    Asset Allocation Programs*
Amount                       Foundation                    MFS and PMC                   PMC Strategic ETF              Third Party Fund
                             Portfolios                    Strategies                    Solutions                      Strategist
First $250,000               0.10% - 0.25%                 0.20%-0.81%                   0.10%-1.00%                    0.19%-0.94%
Next $250,000                0.10% - 0.25%                 0.20%-0.63%                   0.10%-0.81%                    0.19%-0.75%
Next $500,000                0.10% - 0.25%                 0.20%-0.56%                   0.10%-0.76%                    0.19%-0.66%
Next $1,000,000              0.10% - 0.25%                 0.20%-0.46%                   0.10%-0.73%                    0.19%-0.59%
Next $3,000,000              0.10% - 0.25%                 0.20%-0.39%                   0.10%-0.70%                    0.19%-0.51%
...

Item 7.        Types of Clients

Our firm generally provides advisory services to individuals, high net worth individuals,
pension and profit-sharing plans, trusts, estates and corporate and business entities.

We do not impose any minimum annual fees or net worth minimums for Financial

Planning Services.

The minimum investment required in the AssetMark Platform depends upon the
investment solution chosen for a client's account and is generally $50,000 for mutual
fund and variable annuity accounts and $100,000 for ETF accounts, $250,000 for
distribution strategies, and from $50,000 to $500,000 for privately managed accounts,
depending on the investment strategy selected for the account, as described in more detail
in the Part 2A Appendix I wrap fee brochure. Accounts below the stated minimums may
be accepted on an individual basis at the discretion of our firm and the platform sponsor.

Participation in the Envestnet Platform’s programs may carry a minimum account size
for any particular portfolio and strategy selected. Generally mutual fund or ETF asset
allocation portfolios will require $25,000 -$50,000 account size minimums. Separately
managed accounts for equity strategies will require $100,000 account size minimums and
$250,000 account size minimums for fixed income strategies. Multi-sleeve portfolios will
generally require $150,000 account size minimums. Minimum account sizes may be
lowered at the discretion of the portfolio manager and clients need to be aware that
investments below the recommended minimums can impact your account, and it is
recommended that you work with your Richardson Financial Services investment adviser
representative before funding your account.

In addition to the program-specific minimums described above, our firm has established
a minimum account size of $500,000 for new advisory clients. This minimum may be
waived at our discretion based on the client’s circumstances, the nature of the services to
be provided, and other factors.