Rosenbaum Lanny Kevin

Item 5 Fees and Compensation

FINANCIAL PLANNING AND CONSULTING SERVICES

The fees for financial planning typically range between $150 and $250 per hour, or we may charge a
fixed fee ranging between $500 and $5,000. Financial planning fees are negotiable based upon the
complexity and scope of the plan, as well as your financial situation and objectives. An estimate of the
total time/cost will be determined at the start of the advisory relationship. In limited circumstances, the
time/cost could potentially exceed the initial estimate. In such cases, we will notify you and will request
that you approve applicable additional fees. Typically, financial planning fees will be due upon
presentation of the plan. However, other fee payment arrangements may be negotiated. For example,
particularly complex plans may require prepayment of a portion of the estimated fee for services. For
lengthy engagements, interim payments may be requested. Applicable fees, fee payment
arrangements, and the terms of the engagement will be clearly set forth in the Client Agreement
executed by you prior to services being rendered. In no circumstance will we require prepayment of a
fee more than six months in advance and in excess of $1,200.

If you choose to implement the plan through our portfolio management services described below, we
may, in our discretion, waive or offset a portion of the financial planning fee. However, you may act
on our recommendations by placing securities transactions with any brokerage firm you choose. You
are under no obligation to act on our financial planning recommendations. Moreover, if you elect to
act on any of the recommendations, you are under no obligation to implement the financial plan
through us.

You may terminate a financial planning agreement within five business days after the date when all
parties have signed the agreement without penalty. After this five-day period, either party may
terminate the agreement upon written notice to the other. If a deposit has been collected by us, a pro
rata refund will be made to you. Conversely, you may incur a pro rata charge for bona fide financial
planning and/or consulting services rendered prior to such termination.

PORTFOLIO MANAGEMENT SERVICES

The annual fee for portfolio management services is billed quarterly in advance based on the market
value of the assets on the last day of the preceding quarter. Fees will be assessed pro rata in the
event the portfolio management agreement is executed at any time other than the first day of a
calendar quarter. The fee is based on a percentage of assets under management and is negotiable.
The annualized fees for portfolio management services are based on the following fee schedule:

 Assets Under Management                              Annualized Fee
 $0 - $500,000                                        1.25%
 $500,001 and Over                                    1.00%

In determining the advisory fee, we may allow accounts of members of the same household to be
aggregated. In our discretion, we may allow such aggregation where we service accounts on behalf
of minor children of current Clients, individual and joint accounts for a spouse, and other types of
related accounts.

Typically, payment of fees will be made by the custodian holding your funds and securities provided
that the following requirements are met:

You provide written authorization permitting the fees to be paid directly from your account held by the
custodian. We do not have access to your funds for payment of fees without your consent in writing.
We send you an invoice showing the amount of the fee, the value of your assets on which the fee is
based, and the specific manner in which the fee was calculated. It is disclosed to you that it is your
responsibility to verify the accuracy of the fee calculation and that the custodian will not determine
whether the fee is properly calculated.

We will send an invoice to the custodian indicating only the amount of the fee to be paid by the
custodian. The custodian agrees to send you a statement, at least quarterly, indicating all amounts
disbursed from the account including the amount of the advisory fee paid directly to us. In limited
circumstances, we might directly invoice you for advisory fees. In such cases, fees will be payable as
invoiced.

You may terminate the management agreement within five days of the date of acceptance without
penalty. After the five-day period, either party, upon 30 days written notice to the other, may
terminate the management agreement. The management fee will be pro-rated for the quarter in
which the cancellation notice was given, and any unearned fees will be returned to you.

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

PENSION CONSULTING SERVICES

The scope of these services, the fees, and the terms of the agreement for these services will be
negotiated on a case-by-case basis with each Sponsor. We may be compensated on a basis of
assets under management, an hourly fee, or a combination of fee arrangements based on the
complexity of the plan and the agreement with the Sponsor. In any case, we will not have access to
plan funds for payment of fees without written consent. The terms regarding payment of fees,
termination, and refund will clearly set forth in the agreement executed between us and the Sponsor.
We will not receive additional compensation beyond the consulting fees for our pension consulting
services.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
...

Item 7 Types of Clients

We offer investment advisory services to individuals, pension and profit-sharing plans, trusts, estates,
charitable organizations, corporations, and other business entities.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size which, in our
sole opinion, is too small to effectively manage.