Sage Financial Management Group Inc

Item 5 - Fees and Compensation
Investment Management Fees
SageVest is a fee-only financial advisory firm, meaning that we receive no commissions or incentives for
services rendered. Fees for investment management services are calculated as a percentage of Assets
Under Management (AUM). Annual fees vary between 0.50% and 1.00% per annum, depending upon the
level of assets under management. Fee schedules may vary due to size and complexity of the relationship.
SageVest has a minimum investment amount of $1,000,000 for all new client relationships (unless an
exception is granted, such as for a client’s child).

Calculation & Payment
Fees are billed quarterly, in advance, and are based upon the total value of the account (including all
securities and cash) as of the last day of the previous quarter. Fees are calculated by SageVest’s portfolio
accounting system, Tamarac, under the supervision of SageVest personnel. Tamarac rounds fee
calculations to the nearest dollar. Clients are advised to hold large cash balances intended for non-
investment purposes in accounts outside of our management. Holding large cash balances for non-
investment purposes outside of our management allows clients to prevent their account performance from
being compromised by the combination of a low return on cash or cash-like investments and advisory fees
being charged on the account.

Fees are pro-rated for any services provided over a portion of a quarter (based upon 90 days within a
quarter), either for new client relationships or upon written notification of termination. Fees will begin to
accrue immediately upon execution of the Wealth Management Agreement, the time at which services
commence. Because fees are billed in advance, for the initial billing period SageVest will prorate its fee for

the portion of the quarter of which an active Wealth Management Agreement was in place. Fees for this
initial quarter will be calculated using the account balances as of the end of the immediately following
quarter for all accounts eligible for investment management services. SageVest deducts fees directly from
client accounts as it allows us to report investment performance net of fees.

Other Fees and Expenses Associated With Investment Management Services
As further discussed in Item 12, clients may incur and are responsible for additional costs (separate from
fees charged by our firm). Costs include, but are not limited to, fees imposed directly by mutual funds and
ETFs (which are disclosed in the investment prospectus, and are accounted for prior to calculating the
share value of the respective investment), taxes associated with investment transactions or withdrawals
from qualified accounts, and Custodian Broker fees such as transaction commissions to purchase and sell
securities, wire fees, margin fees, transfer charges and occasional account maintenance fees. Any such
fees are exclusive of and in addition to SageVest’s fees, and SageVest receives no part of any such fees.

Financial Planning Services
SageVest recognizes the benefits of coordinated investment and financial management services and
extends financial planning (FP) services to clients who have executed a Wealth Management Agreement
(Agreement). The number of hours extended is based upon the level of AUM. We will allocate up to five
hours of FP services annually per $500,000 of AUM. Clients are not entitled to any discount or refund of
fees in the event that they do not elect to receive these FP services. If the scope of the FP services extends
beyond the hours extended under the Agreement, SageVest will promptly notify the client to determine if
planning should continue, and the cost of providing services on an hourly basis. Fees are charged at an
hourly rate ranging from $100 to $500 per hour for professional services.

SageVest may also enter into separate Financial Planning Agreements. Services rendered will be outlined
in the Financial Planning Agreement and fees will be charged on an hourly basis. The hourly rates can
range from $100 - $500 but will vary based on the professional providing the services, the complexity of the
engagement, and any other factors deemed relevant by SageVest. No investment-related services are
provided under Financial Planning Agreements. However, if a client engages SageVest for investment
management services, SageVest may, in its sole discretion, offset a portion or all of the Financial Planning
fees based upon the level of services rendered and aggregate dollar amount of assets to be managed.

Services Provided For Participants in Employer-Sponsored Retirement Plans
SageVest typically provides investment management services for a client’s aggregate investment portfolio,
including retirement funds. This allows SageVest to align investment recommendations with broader
decisions, rendering a true wealth management approach.

If a client is actively employed, SageVest will offer general investment recommendations for an employer-
sponsored retirement plan. The cost of such services can often be absorbed within the financial planning
hours allotted within the client’s Wealth Management Agreement. SageVest retains the right to determine
if services can be provided, based upon the scope of investments offered under an employer plan, and the
value of assets held in employer plans relative to the relationship.

No investment advisory services are extended for non-active retirement plans. The client has the option of
electing an IRA rollover and placing the account under SageVest’s active management, as per the fee
schedule shown above. However, SageVest is not responsible for comparing costs relative to the company
retirement plan or other options. Alternatively, the client can elect to self-manage the retirement assets,

either leaving the assets within the employer retirement plan, or electing an IRA rollover without retaining
SageVest’s services. In this case, the client is solely responsible for investment decisions and
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Item 7 - Types of Clients
Clients Who Work With Our Firm
SageVest works with individuals, families, trusts, and small businesses to provide comprehensive
investment and wealth management services. Our client base is diverse, but holds a common thread of
seeking clear, unbiased advice. We strive to establish lasting relationships built upon trust, which we
understand is a respect that is earned. Our business is structured to place our clients' interests at the helm
of our decision making.

Clients often elect to work with our firm due to the combination of the following attributes:

    •   Fee-only and independent advice
    •   Broad multi-asset class investment strategies without the use of any proprietary or commission
        products
    •   Comprehensive investment and wealth management, bringing financial elements together in a
        coordinated, cohesive decision-making process
    •   High level of customer service, focused on providing individualized recommendations

Individualized Service
Each relationship is approached based upon individualized needs and objectives. We are cognizant of the
fact that clients often have unique circumstances and are responsive to such needs as part of our
investment process and within our wealth management recommendations. We also recognize that financial
and investment objectives may vary between family members or account types, and tailor our
recommendations accordingly.

Communications
Open communications are encouraged so that we remain abreast of financial developments and develop
appropriate strategies. Client meetings are preferred at least annually and we communicate on an ongoing
basis. Clients are encouraged to contact us with questions pertaining to their investments or broader
financial considerations.

Minimum Relationship Size
As previously noted, SageVest requires an investment minimum of $1,000,000 for new client relationships
(unless an exception is granted). This minimum recognizes the level of service we provide and applies to
assets directly managed by our firm.