Searcy Financial Services Inc

Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for investment management and
financial planning services. Each Client shall sign an Investment Management Agreement and Financial Planning
Agreement that details the responsibilities of Searcy and the Client.

A. Fees for Advisory Services

Planning and Consulting Services
Searcy’s fee for planning and consulting services varies based on the service level selected by the Client.
Typically, fees are a fixed dollar amount. The fee may include the preparation and presentation of a financial
plan, as described in the Client Agreement, as appropriate. A Client may elect to move between service levels
once the initial term of the current service level has been met.

At the Adviser’s discretion, and with signed agreement of both parties, Searcy may waive the minimum initial
term for existing Clients moving between levels of service.

Financial Planning and Consulting service levels are based on the following schedule.

             Service Level                         Components                                          Annual Fee
                Platinum                                All                                             $10,000
                  Gold                                 Core                                              $5,000
                  Silver                             A la carte                                          $1,500

Investment Management Services
Searcy’s fee for investment management services varies based on the service level selected by the Client. Fees
may also vary according to the amount of assets managed by Searcy. Typically, fees are a fixed percentage of the
assets under management. This fee includes all investment recommendations and portfolio implementation,
unless the Client contract states otherwise. Investment Management Fees will generally adhere to the following
schedule.

             Service Level                             Assets                                          Annual Fee
                Platinum                                 All                      0.60%, with a $15,000 minimum

                  Gold                          Under $3,000,000                  0.75%, with a $5,000 minimum
                                                                                  $22,500 + 0.50% x the portfolio
                  Gold                           Over $3,000,000
                                                                                  balance in excess of $3,000,000

                 Silver                         Under $1,000,000                  1.00% with a $5,000 minimum
                                                                                  $10,000 + .75% x the portfolio balance
                 Silver                     $1,000,000 to $2,000,000
                                                                                  in excess of $1,000,000
                                                                                  $17,500 + .50% x the portfolio balance
                 Silver                          Over $2,000,000
                                                                                  in excess of $2,000,000

Searcy’s advisory fees may be negotiated at the sole discretion of Searcy. All securities held in a portfolio managed
by Searcy will be independently valued by the Custodian. Searcy will not have the authority or responsibility to
value portfolio securities.

Certain legacy Clients may pay fees on a substantially different scale than other Clients. These long-term legacy
Clients have the option of continuing under their old fee program or engaging Searcy under a new program.

                                                  Searcy Financial Services, Inc.
                                      12980 Foster Street, Suite 160, Overland Park, KS 66213
                               Phone: 913.814.3800 Fax: 877.808.6353         www.SearcyFinancial.com

B. Fee Billing

Planning and Consulting Services
The annual planning fee shall be prorated and paid monthly or quarterly, in advance. The Platinum service level
requires a 24-month initial engagement period. The Gold and Silver service levels carry a 12-month initial
engagement period. All agreements renew every quarter after the initial period.

The initial planning fee for each service level will be due at the time signed engagement agreements are received
and will be for one full quarter of the annual minimum planning fee even if future billing will be done on a
monthly basis. Subsequent to receiving the signed engagement agreement, a prorated invoice will be sent to the
client in order to convert the billing to a calendar quarter cycle to streamline the billing process.

Hourly Clients are presented with an estimate of hours to complete a project. Half the fee is due upon
engagement, with the balance due according to the Client Agreement. Clients will receive an invoice for services.
Our hourly rate for this service is $300/hr.

Investment Management Services
Fees are a fixed percentage of assets under management, based upon account value on the last day of the prior
quarter. Fees for investment management services vary depending on the level of service selected and the
amount of assets to be managed. Clients are invoiced quarterly, in advance, for advisory services. For new client
relationship accounts opened during the quarter, fees will be prorated from the date of the client engagement to
the end of the quarter, in arrears, and for the full upcoming quarter, in advance, based on the value of the assets
under management with Searcy at the end of the quarter.

Investment management fees will be automatically deducted from the Client account[s] by the Custodian when
possible. Searcy shall send a quarterly invoice to the Custodian indicating the amount of the fees to be deducted
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Item 7 – Types of Clients
Searcy may provide services to a variety of Client types. Clients may include:

    •   Individuals, High Net Worth Individuals, Personal Trusts and Estates – Private investors, investing
        personal assets
    •   Retirement Plans – Generally organized as a trust, investing the pooled assets of plan participants
    •   Corporations – Taxable entities organized for a specific business purpose, investing cash reserves
    •   Foundations and Not-for-Profit Entities – Private foundations and grant-making public charities
    •   Other Financial Service Firms – Typically other investment advisers for whom Searcy provides
        operational support