Salvini Brooke Alison

Item 5: Fees and Compensation

We base our fees on hourly charges and fixed fees, which are described below.

Compensation – Financial Planning and Consulting
For financial planning and consulting services, we charge an hourly, or flat project-based fee.
Services may be provided both on an ongoing or a one-time basis based on the client’s goals,
needs and objectives. The total estimated fee, as well as the actual fee, is based upon the scope
and complexity of the engagement. Our hourly fee is $345. Our flat project-based fees range
between $3,450 to $18,000 annually based on complexity of services.

For flat-fee engagements we generally require a retainer of 50% of the estimated financial
planning or consulting fee, with the remainder of the fee due 90 days after the financial plan or
consultation is completed. In no instance do we collect more than $1,200 more than 6 months
in advance.

Compensation – Asset Management
For the investment advisory services that we provide, we invoice our clients a flat quarterly fee
based upon complexity upon client financial needs and objectives, to be paid quarterly in
advance.

Fees for accounts that are maintained for less than a full billing period will be prorated. Fees that
are collected in advance will be prorated and returned, without interest, if an account is
terminated before the billing period ends.

Compensation – Retirement Plan Consulting
For retirement plan consulting, we charge an annual fixed fee ranging from $3,450 to $18,000.
We generally require a retainer of 50% of the estimated fee, with the remainder of the fee due
90 days after consultation is completed. In no instance do we collect more than $1,200 more
than 6 months in advance.

Fees are paid by the Plan Sponsor. The type and amount of the fees charged to the client are
negotiable and are generally based on the size and complexity of the plan, the number of plan
participants, the location of the participants, the estimated number of meetings required, and
other factors that may be deemed relevant by us when negotiating with the client. An estimate of
the total cost and fees will be determined at the start of the advisory relationship.

Compensation – Tax Services
For tax preparation and compliance services we charge a fixed fee ranging from $450 to $5,000,
charged in arrears at the completion of the engagement.

Cash Balances

Some of your assets may be held as cash and remain uninvested. Holding a portion of your
assets in cash and cash alternatives, i.e., money market fund shares, may be based on your
desire to have an allocation to cash as an asset class, to support a phased market entrance
strategy, to facilitate transaction execution, to have available funds for withdrawal needs or to
pay fees or to provide for asset protection during periods of volatile market conditions. Your
cash and cash equivalents will be subject to our investment advisory fees unless otherwise
agreed upon. You may experience negative performance on the cash portion of your portfolio if
the investment advisory fees charged are higher than the returns you receive from your cash.

Retirement Plan Rollover Recommendations
As part of our investment advisory services to our clients, we may recommend that clients roll
assets from their employer’s retirement plan, such as a 401(k), 457, or ERISA 403(b) account
(collectively, a “Plan Account”), to an individual retirement account, such as a SIMPLE IRA, SEP
IRA, Traditional IRA, or Roth IRA (collectively, an “IRA Account”) that we will advise on the
client’s behalf. We may also recommend rollovers from IRA Accounts to Plan Accounts, from
Plan Accounts to Plan Accounts, and from IRA Accounts to IRA Accounts.

If the client elects to roll the assets to an IRA that is subject to our advisement, we will charge
the client a fee as set forth in the advisory agreement the client executed with our firm. This
may create a conflict of interest because it creates a financial incentive for our firm to
recommend the rollover to the client. Clients are under no obligation, contractually or
otherwise, to complete the rollover. Moreover, if clients do complete the rollover, clients are
under no obligation to have the assets in an IRA advised on by our firm. Due to the foregoing
conflict of interest, when we make rollover recommendations, we operate under a special rule
that requires us to act in our clients’ best interests and not put our interests ahead of our
clients’.

Under this special rule’s provisions, we must:

   •   meet a professional standard of care when making investment recommendations (give
       prudent advice);
   •   never put our financial interests ahead of our clients’ when making recommendations
       (give loyal advice);
   •   avoid misleading statements about conflicts of interest, fees, and investments;
   •   follow policies and procedures designed to ensure that we give advice that is in our
       clients’ best interests;
   •   charge no more than a reasonable fee for our services; and
   •   give clients basic information about conflicts of interest.

Many employers permit former employees to keep their retirement assets in their company
plan. Also, current employees can sometimes move assets out of their company plan before
they retire or change jobs. In determining whether to complete the rollover to an IRA, and to

the extent the following options are available, clients should consider the costs and benefits of
a rollover. Note that an employee will typically have four options in this situation:

   1.   leaving the funds in the employer’s (former employer’s) plan;
   2.   moving the funds to a new employer’s retirement plan;
   3.   cashing out and taking a taxable distribution from the plan; or
   4.   rolling the funds into an IRA rollover account.

Each of these options has positives and negatives. Because of that, along with the importance
of understanding the differences between these types of accounts, we will provide clients with
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Types of Clients
We provide services to individuals, high net worth individuals, families, trusts, estates, and
pension and profit sharing plans.

Account Minimums
We have no minimum account size.