Roberts Glore & Co

Item 5: Fees and Compensation

As compensation for our advisory services, RGCO charges fees based upon our clients’ assets under our
management. As of the date of this writing, fees are generally based upon the following schedule:

                                                        Annual Fee as a
 Discretionary Assets under Management                  Percent of AUM
 Up to $500,000                                             1.25%
 $500,000 to $1,000,000                                     1.00%
 $1,000,000 to $2,000,000                                   0.90%
 $2,000,000 to $3,000,000                                   0.85%
 $3,000,000 to $5,000,000                                   0.80%
 $5,000,000 to $10,000,000                                  0.70%
 Over $10,000,000                                          Negotiable
 Bond- or Fund-Centric Portfolio                           Negotiable

Advisory fees may be subject to negotiation, especially when considering asset mix and portfolio size. Generally,
larger portfolios are subject to lower fee rates than smaller portfolios with similar asset allocations. Fees for non-
discretionary accounts may be higher than shown above, and fees for portfolios with assets under management of
$10 million or more may be lower than shown above. Also, certain other accounts are managed for fees lower than

707 Lake Cook Road, Suite 210                     Toll-Free: 800.627.8889                                  March 5, 2026
Deerfield, IL 60015                                www.robertsglore.com                                     Page 4 of 16

ROBERTS, GLORE & CO.                                                                            FORM ADV PART 2A

the above. Reasons for such differences vary but may include a pre-existing relationship under a prior advisory fee
agreement, charitable institution status, partial management requirements, etc.

The manner in which we charge advisory fees is established in a client’s written investment management agreement
with RGCO. Clients may elect either to be billed directly for fees incurred or to authorize RGCO to debit fees from
client assets. We generally bill fees on a quarterly basis in arrears, although clients may elect to be billed on an
other-than-quarterly basis or in advance (though not more than six months in advance).

A client’s investment management agreement is continuous but may be canceled with 30 days’ notice by either
party. For clients who are billed in advance, in the event of cancellation the 30-day notice applies, and for the period
remaining a pro-ration to the day is made of the unearned fee, which is then returned to the client.

In addition to ongoing investment advisory services, RGCO occasionally offers one-time or periodic consultations.
Fees for such consultations are negotiable. Moreover, RGCO occasionally provides broad-based financial planning
advice, touching on such matters as estate, educational, and/or retirement planning, intergenerational wealth transfer,
insurance, charitable giving, asset and liability considerations, etc. Fees for financial planning advice are negotiable
and are dependent on the complexity of the case in question. RGCO also provides date-of-death valuations and asset
division calculations in cases of estate resolutions. Fees for such services are negotiable.

Above and beyond any investment advisory fees paid to RGCO, clients may incur certain charges imposed by
brokers, custodians, third party investment managers, and other third parties. Such charges might include
commission or transaction charges, fees charged by managers of non-publicly-traded or alternative assets, custodial
fees, inactivity fees, retirement account administration fees, transfer or other taxes, wire transfer or electronic funds
transfer fees, and other fees or taxes imposed on brokerage accounts and securities transactions. Mutual funds,
closed-end funds, and exchange-traded funds or notes also charge internal management fees, which are disclosed in
a fund’s prospectus. RGCO does not generally receive any portion of these charges. When we purchase or
recommend open-end mutual funds for our clients, we exclusively make use of no-load funds (i.e., mutual funds that
do not impose charges, or “loads,” upon purchase or sale), unless directed otherwise by the client.

In some cases, clients may request margin loans drawn from their regular brokerage accounts, if such loans are
allowed by their custodian(s). (In a margin loan, an account holder borrows funds using his or her brokerage assets
as collateral. Such loans incur interest charges and may also require the account holder to post additional collateral if
the value of securities in his or her brokerage account declines.) In such instances, RGCO does not share in interest
charges paid to the custodian(s). As a general rule, RGCO does not recommend the use of margin loans for our
clients.

For further details regarding our brokerage practices and potential conflicts of interest, please see Items 10 and 12
below.

Item 7: Types of Clients

We provide investment advice to individuals, high-net-worth individuals, trusts, family offices, corporate pensions
or profit-sharing plans, and non-profit or charitable organizations. Our minimum new account size is generally
$500,000 for clients who are not related to existing clients, though we may make exceptions due to pre-existing
relationships or other reasons as determined by our portfolio managers.

707 Lake Cook Road, Suite 210                      Toll-Free: 800.627.8889                                   March 5, 2026
Deerfield, IL 60015                                 www.robertsglore.com                                      Page 5 of 16

ROBERTS, GLORE & CO.                                                                             FORM ADV PART 2A