School of Personal Finance LLC

Item 5: Fees and Compensation
Please note, unless a Client has received the Firm’s Disclosure Brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the Client within five (5)
business days of signing the contract without incurring any advisory fees. How we are paid depends on the type of
advisory service we are performing. Please review the fee and compensation information below.
Investment Management Services

Our standard advisory fee is based on the market value of the assets under management and follows a breakpoint
schedule. Under this structure, once an account value reaches a specific threshold (or "breakpoint"), a lower fee
percentage is applied to the entire account balance.

The annual fee is calculated according to the following schedule:

                        Account Value                                Annual Advisory Fee
                      $1 - $1,000,000                                        1.00%
                  $1,000,001 - $2,000,000                                    0.75%
                  $2,000,001 and Above                                       0.60%

Example of Breakpoint Billing: If a client has $1,500,000 in assets under management, the entire $1,500,000
balance is subject to an annual fee of 0.75% ($11,250 annually). This differs from a tiered schedule, where only
the portion of assets above $1,000,000 would receive the lower rate.

    ●​ Billing Frequency: Fees are pro-rated and paid in arrears on a monthly basis.
    ●​ Calculation: The fee is calculated by applying the applicable breakpoint percentage to the account value
       as of the last day of the previous month.
    ●​ Termination: Accounts terminated during a month will be charged a prorated fee based on the time
       remaining in the billing period.

Fee Details & Billing
Advisory fees are directly debited from Client accounts, or the Client may choose to pay by check. Accounts
initiated or terminated during a calendar month will be charged a prorated fee based on the amount of time
remaining in the billing period. An account may be terminated with written notice at least 30 calendar days in
advance. Since fees are paid in arrears, no refund will be needed upon termination of the account.
When we provide investment advice to you regarding your retirement plan account or individual retirement
account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or
the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make
money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your
best interest and not put our interests ahead of yours. This fiduciary acknowledgment applies only to retirement
accounts subject to ERISA and/or the Internal Revenue Code.

403(b) Individual Account Investment Management Services
Fees for 403(b) accounts follow a breakpoint schedule as described above and are calculated as follows:

                        Account Value                                Annual Advisory Fee
                        $1 - $500,000                                        0.90%
                   $500,001 - $1,000,000                                     0.75%

                  $1,000,001 and Above                                       0.60%

The annual fees are negotiable and are pro-rated and paid in arrears on a quarterly basis. The fee is calculated by
applying the applicable breakpoint percentage to the account value as of the last day of the previous billing cycle.
No increase in the annual fee shall be effective without agreement from the Client by signing a new agreement or
amendment to their current advisory agreement.

Advisory fees are directly debited from Client accounts by the designated custodian/record keeper. Accounts
initiated or terminated during a billing cycle will be charged a prorated fee based on the amount of time remaining
in the billing period. An account may be terminated with written notice at least 30 calendar days in advance. Since
fees are paid in arrears, no refund will be needed upon the termination of the account.
When we provide investment advice to you regarding your retirement plan account or individual retirement
account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or
the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make
money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your
best interest and not put our interests ahead of yours. This fiduciary acknowledgment applies only to retirement
accounts subject to ERISA and/or the Internal Revenue Code.

Ongoing Comprehensive Financial Planning

Ongoing Comprehensive Financial Planning is provided for a fixed monthly fee ranging from $59 to $300 per
month, depending on the complexity of the Client’s circumstances. The specific monthly fee will be agreed upon
in writing prior to commencement of services and may be negotiable in certain cases.

Fees are billed monthly in advance and are due at the beginning of each billing period. Fees may be paid by
electronic funds transfer or check.

Either party may terminate this service upon 30 days’ written notice. Because fees are billed monthly in advance,
no refunds will be provided for partial months of service. The service will terminate on the last day of the month
in which notice is provided.

Certain clients who engage the Firm for Investment Management Services and maintain at least $250,000 in assets
under management may elect to receive Ongoing Comprehensive Financial Planning services at no additional
cost.

Hourly Project Based Financial Planning Services
Hourly Financial Planning engagements are offered at an hourly rate ranging from $200 to $300 per hour. The
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Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, and high net-worth individuals.
We do not have a minimum account size requirement.