Seaside Advisory Services Inc

ITEM 5: FEES & COMPENSATION
   A. Types of Fees

Asset Management Service Fees

                                                                                    Quarterly Rate      Annual Rate
     On the account value under $250,000                                            .3125%              1.25%
     Account value of $250,001 or more but less than $1,000,000                     .25%                1.00%
     Account value of $1,000,001 or more but less than $3,000,000                   .225%               0.90%
     Account value of $3,000,001 or more                                            .1875%              0.75%

    Seaside charges an annual asset-based fee for portfolio management services, which typically ranges from 0.75% to
    1.25% of assets under management, depending on the size, complexity, and scope of the client’s account. Fees are
    negotiable and may be reduced or waived at Seaside’s discretion. Lower fees may be available for related accounts,
    family members, or aggregated household relationships.
    Clients should be aware that comparable services may be available from other advisers at lower costs.

    Billing and Payment
    Asset management fees are billed quarterly, in arrears, based on the market value of the assets under management as of
    the last business day of the calendar quarter.
          Clients may elect to have fees:
          • Deducted directly from their custodial account; or •
          Paid directly upon receipt of an invoice from Seaside.
    Custodial account statements will reflect any advisory fees deducted, including the amount of the fee and the method of
    calculation. Each time Seaside charges a fee, Seaside will send the client a written invoice, including the name of the
    custodian(s), the fee, the formula used to calculate the fee, the fee calculation itself, the time period covered by the fee,
    and, if applicable, the amount of assets under management on which the fee was based.

    Fee Calculation
    Fees are calculated using a blended fee schedule applied to the value of assets under management as of the end of each
    calendar quarter.

    For example, a client account with $500,000 in assets under management is subject to the following fees:
     • $250,000 × 1.25% = $3,125
     • $250,000 × 1.00% = $2,500
    The total annual advisory fee would be $5,625. The quarterly fee would be $1,406.25, billed in arrears based on quarter-
    end values.

    Certain assets, such as privately placed securities that are not continuously managed by Seaside or held outside of
    accounts under Seaside’s discretionary authority, may be excluded from fee calculations.
    Fees for the initial billing period will be prorated from the date assets are placed under management through the end of
    the calendar quarter. Upon termination of the advisory agreement, fees will be prorated through the date of
    termination.

•

Termination of Services
Either party may terminate the advisory agreement upon thirty (30) days’ written notice. Any unearned fees will be
refunded on a prorated basis.

 Financial Planning Service Fees
Seaside offers financial planning services for a fee. Fees are based on the scope of services, complexity of the client’s
financial situation, number of planning areas addressed, client‑specific needs, and the experience level of the advisory
professional providing the services (e.g., paraplanner versus adviser). All fees are negotiable, agreed upon in advance, and
fully disclosed in the Financial Planning Agreement.
Fee Structure
Financial planning services are provided on either a fixed fee or hourly fee basis.
Fixed Fees
Fixed financial planning fees are calculated by multiplying the Adviser’s applicable hourly rate by the estimated number of
hours required to complete the engagement (hourly rate × estimated time).
  • Typical fixed fees range from $200 to $12,000 annually, depending on complexity and scope.
  • Hourly rates used to calculate fixed fees range from $65 to $400 per hour, based on the experience level of the
       advisory professional performing the work.
  • For clients residing in Washington, the maximum hourly rate will not exceed $300 per hour.

An example of a fixed fee calculation is:
  • Estimated 10 hours of work × $400 hourly rate = $4,000 fixed fee
  • (For Washington clients: Estimated 10 hours × $300 hourly rate = $3,000 fixed fee)
All fixed fees are agreed upon in advance and disclosed in the Financial Planning Agreement.

Hourly Fees
Hourly financial planning fees range from $65 to $400 per hour, depending on the nature of services provided and the
experience level of the advisory professional. For clients residing in Washington, the hourly rate will not exceed $300 per
hour.
Hourly fees are generally billed in arrears based on the actual time incurred and may include time spent on scheduled
review meetings and additional services requested by the client. The frequency of review meetings (e.g., annual, semi-
annual, or quarterly) affects the overall amount billed but does not affect the hourly rate.

Financial Planning Complexity Tiers
Financial planning fees are determined by estimated time and hourly rate, with complexity and scope as the primary
drivers. Engagements generally fall into the following categories:
    • Basic Planning (Low Complexity):
             • Limited-scope engagements focused on one or two planning areas (e.g., budgeting, basic retirement
                projections, or account review). Minimal data gathering and analysis.
    • Moderate Planning (Moderate Complexity):
             • Planning covering multiple areas (e.g., retirement planning, insurance analysis, education planning, and
                investment review). Requires more detailed data collection, analysis, and recommendations.
    • Comprehensive Planning (High Complexity):
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ITEM 7: TYPES OF CLIENTS
Seaside Advisory Services, Inc. (“Seaside”) provides investment advisory services to a variety of clients, including
individuals, pension and profit-sharing plans, businesses, charitable organizations, and trusts and estates. Seaside
does not require a minimum account size or minimum investment for advisory services.