Seaborn Financial LLC

Item 5: Fees and Compensation
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 fees and penalties. How we are paid depends on the type of
advisory service we are performing. Please review the fee and compensation information below.
For fees paid by electronic funds transfer, we use an independent 3rd party payment processor in which the client
can securely input their banking information and pay their fee. We do not have access to the client’s banking
information at any time. The client will use their own secure portal in order to make payments.

Investment Management and Pension Consulting Services

Our standard advisory fee is based on the market value of the household assets under management and is
calculated as follows:

                    On each dollar between:                            An annual advisory fee of:

                        $0 - $1,000,000                                           0.6%
                     $1,000,000 and Above                                         0.4%

Generally, all clients engaging in Investment Management Services must also engage in Ongoing Comprehensive
Financial Planning or Ongoing Retirement Planning. There is one exception: clients who wish to engage in
investment management without also engaging in comprehensive financial planning must meet a $150,000 asset
minimum.
This fee is non-negotiable and will be assessed and billed quarterly in arrears. Specifically, the exact amount
charged is determined by the daily average over the course of the quarter. The current exception for this is
directly managed held-away accounts, which are determined by the account value at the end of the quarter.
(This is due to limitations in our technology regarding held-away accounts.) In either case, if the Adviser only
manages your assets for part of a quarter, the charge will be prorated from the date of the initial rebalance. If a
Client is also engaging us for financial planning, financial planning fees will be offset for related advisory
services of assets being managed by Seaborn.

The advisory fee is a blended fee and is calculated by assessing the percentage rates using the predefined levels
of assets as shown in the above chart and applying the fee to the daily average of the account value or the
account value as of the last day of the previous quarter (per the paragraph above), resulting in a combined
weighted fee. For example, an account valued at $2,000,000 would pay an effective fee of 0.5% with the annual

fee being $10,000 (a quarterly fee of $2,500). Investment management fees are generally directly debited on a
pro rata basis from client accounts. The exception for this is directly managed held-away accounts, such as
401(k)’s. As it is impossible to directly debit the fees from these accounts, those fees will be assigned to the
client’s taxable accounts on a pro-rata basis. If the client does not have a taxable account, those fees will be
billed directly to the client and are payable by electronic funds transfer, debit card, credit card, or check.
Accounts initiated or terminated during a calendar quarter will be charged a pro-rated fee based on the number
of days the account was open during the final billing period. An account may be terminated with written notice
at least 15 calendar days in advance. Since fees are paid in arrears, no rebate will be needed upon termination
of the account. 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.
A note regarding Valuation: In computing the market value of any investment contained in the account, each
security listed on any national securities exchange shall be valued at the last quoted sale price on the valuation
date on the principal exchange on which such security is traded. Any other security or asset shall be valued in a
manner determined in good faith by the Advisor to reflect its fair market value and that is consistent with the
Advisor’s fiduciary duty. For securities not listed on a public exchange, we will contact any associated vendors
and custodians to work with them on obtaining the necessary information in order to provide an evaluation for
the security. Clients may contact Seaborn Financial, LLC if they are concerned with valuation for assets not listed
on a public exchange.

Initial Comprehensive Financial Plan

The prices for an initial comprehensive financial plan are as follows:
    ●   Individuals: $1900 at engagement, and $1900 at initial plan delivery
    ●   Families: $2250 at engagement, and $2250 at initial plan delivery

Both fees may be negotiable in certain cases. Fees for this service may be paid by electronic funds transfer.
This service may be terminated at any time. Upon termination of any account, the fee will be prorated, and any
unearned fee will be refunded to the client. If the account is terminated at any time up to and including the initial
plan delivery, the full payment will be refunded.
The upfront portion of the Comprehensive Financial Planning fee is for client on boarding, data gathering, and
creating the initial financial plan. This work will commence immediately after the fee is paid and will generally be
completed within the first 90 days of the date the fee is paid.
Ongoing Comprehensive Financial Planning

Once a client has been delivered an initial comprehensive financial plan, they may choose to engage in ongoing
comprehensive financial planning, if they also engage in investment management.
The price for ongoing comprehensive financial planning is $270/month.

Fees may be negotiable in certain cases. Fees for this service may be paid by electronic funds transfer. This
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Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth individuals, and
employee benefit plans.
We do not have a minimum account size requirement for most service offerings. There is one exception: clients
who wish to engage in investment management without also engaging in comprehensive financial planning must
meet a $150,000 asset minimum.