Sanchez & Zures LLC

ITEM 5 – FEES AND COMPENSATION
  5a: Fee Schedules
  Investment Management Fees
             Assets Under Management                                         Annual Fee (%)
                 Less than $1,000,000                                                1.00%
                 $1,000,000 to $3,000,000                                            0.75%

                 $3,000,001 and above                                             Negotiable

         ADV PART 2 A BROCHURE                                                                           PAGE 5 OF 16

For purposes of determining value, securities and other instruments traded on a market for which actual
transaction prices are publicly reported are valued at the last reported sale price on the principal market in
which they are traded. In special circumstances, fees rates may be negotiable.

The fee includes the time and activities necessary to work with your attorney and/or accountant in reaching
agreement on solutions, as well as assisting them in implementation of all appropriate documents. We are
not responsible for attorney or account fees charged to you as a result of the above activities.

Compensation for our services will be calculated in accordance with what is set in the clients agreement.
We may modify the terms of any agreement by written changes submitted to the client for signature. All
Investment Advisors are required to disclose to their clients that lower fees for comparable services may be
available from other sources.

Financial Planning Fees
Fees for financial planning services are based on a rate of $200.00 per hour. Special arrangements can be
made for clients wishing on-going financial planning services.

5b: Fee Payments Options
Investment Management Fees
Sanchez & Zures, as written and accepted in our contracts with our clients, requires that our fees are paid
from your account by the custodian when we submit an invoice to them. If there is insufficient cash in your
account, securities may be sold. In addition to our fees, there may be custodial, mutual fund or similar third
party management fees and charges. At the same time we send an invoice to the custodian, we will also
send an invoice to the client, detailing our fees and how they were derived.

Financial Planning Fees
All financial planning fees are due at time of service.

5c: Third Party Fees
You are responsible for the payment of all third party fees (i.e. custodian fees, mutual fund fees, transaction
fees, etc.). Those fees are separate and distinct from the fees we charge.

All brokerage commissions, stock transfer fees, and other similar charges incurred in connection with
transactions for the account will be paid out of the assets in the account and are in addition to the
investment management fees paid to us. While we take measures to ensure the fees charged are accurate,
it is your responsibility to ensure the amount of fee charged is correct. In addition to statements sent by
us, you will receive statements directly from these brokers, custodians or mutual funds or other investments
you hold. We strongly urge you to compare these statements for accuracy.

5d: Fee Payments
Investment Management Fees
Our fees are paid monthly in arrears, with payment due within 10 days from the date of the invoice. Our
fee is determined by taking the percentage rate we charge, times the net market value of the account,
divided by twelve (the numbers of months in the year.) The net market value is the sum of the values of all
assets in the account adjusted by any margin debit.

Financial Planning Fees
Hourly financial planning fees are paid upon completion of the project. All financial planning invoices are
due within thirty (30) days of invoice. Special arrangements may be made with Clients wishing ongoing
financial planning services.

     5.d.1: Termination
     Either Sanchez & Zures or our clients can terminate our agreement upon receipt of written notice to
     the other party, to include written agreement to changes by the client.
     ADV PART 2 A BROCHURE                                                                               PAGE 6 OF 16

        When an agreement is terminated, we will refund any pre-paid or unearned fees based on the number
        of days our services were performed. Refunds will be made within 30 calendar days of the effective
        date of termination.

        When an agreement is terminated, all assets may need to be transferred from the current custodian.
        You will be responsible for paying all fees including full monthly custodial administrative fees, account
        closure fees, mutual fund fees and all trading costs due to the termination. Custodian may assess
        additional fees for transfer of illiquid investments. If there is insufficient cash in the account, the
        liquidation of some securities may be used to pay the fees. Prior to termination of an agreement, we
        can provide a good-faith estimate of these fees.

   5e: Other Investment Compensation
   Sanchez & Zures does not accept commission for the sale of securities or other investment products,
   including asset-based sales charges or service fees from the sale of mutual funds.

ITEM 7 – TYPES OF CLIENTS
   Sanchez & Zures generally provides asset management and financial planning services to the following types
   of clients:
        § Individuals
        § High-Net-Worth Individuals

   Minimum Account Size
   Sanchez & Zures has an account minimum of $250,000.00. However, in certain conditions, we may decide
   to accept clients with smaller portfolios.