Schlegel Dunn LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid in advance of each calendar quarter, pursuant to the terms of the wealth
management agreement. Wealth management fees are based on the market value of assets under management at
the end of the prior calendar quarter. Wealth management fees are based on the following blended tier schedule:

                                 Assets Under Management ($)                Annual Rate (%)
                                        Up to $750,000                          1.25%
                                    $750,001 to $3,000,000                      0.75%
                                   $3,000,001 to $10,000,000                    0.55%
                                       Over $10,000,000                         0.35%

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
SchlegelDunn will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the
Custodian’s valuation to ensure accurate billing.

                                                       Schlegel Dunn LLC
                                         7160 Dallas Parkway Suite 230, Plano, TX 75024
                                                      Phone: (972) 327-3607
                                                     https://schlegeldunn.com

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

Financial Planning Services
SchlegelDunn offers financial planning services as part of its wealth management services. The Advisor also offers
stand-alone financial planning services for a fixed engagement fee ranging up to $10,000 per engagement. Fees may
be negotiable based on the nature and complexity of the services to be provided and the overall relationship with the
Advisor. An estimate for total costs will be determined prior to engaging for these services.

Retirement Plan Advisory Services
Retirement plan advisory fees are charged an annual asset-based fee of up to 0.50%. Fees may be billed monthly
or quarterly (“Billing Period”) in advance or arrears pursuant to the terms of the retirement plan advisory agreement.
Retirement plan fees are based on the market value of assets under management at the end of the Billing Period.
Fees may be negotiable depending on the size and complexity of the Plan but shall not exceed the fee range stated
above.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with SchlegelDunn at the end each
quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the
wealth management fee. Clients are urged to also review and compare the statement provided by the Advisor to the
brokerage statement from the Custodian, as the Custodian does not perform a verification of fees. Clients provide
written authorization permitting wealth management fees to be deducted by SchlegelDunn to be paid directly from
their account[s] held by the Custodian as part of the wealth management agreement and separate account forms
provided by the Custodian.

Financial Planning Services
Financial planning fees shall be collected pursuant to the terms of the financial planning agreement.

Retirement Plan Advisory Services
Retirement plan advisory fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan,
depending on the terms of the retirement plan advisory agreement.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than SchlegelDunn, in connection with
investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge
securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms
and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by SchlegelDunn are separate and distinct from these custody and
execution fees.

In addition, all fees paid to SchlegelDunn for investment advisory services are separate and distinct from the
expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for
the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a
possible distribution fee. A Client may be able to invest in these products directly, without the services of
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Item 7 – Types of Clients

SchlegelDunn offers investment advisory services to individuals, high net worth individuals, trusts, estates,
businesses, and retirement plans. SchlegelDunn generally requires a minimum relationship size of $750,000 to
effectively implement its investment process. This amount may be reduced or waived at the Advisor’s sole discretion.