Seek First Inc

Item	5	–	Fees	and	Compensation

Clients	should	note	that	fees	for	comparable	services	vary,	and	thus	lower	or	higher	fees	may	be
charged	by	different	providers	for	similar	services.	Fees	may	be	higher	than	normally	charged	in
the	industry	and	similar	services	may	be	offered	by	another	investment	adviser	at	a	lower	fee.
Additionally,	existing	legacy	clients	may	have	different	fee	arrangements.

Seek	First	Consulting	Fees

The	Adviser	charges	fixed	fees,	asset-based	fees,	or	a	combination	of	both	depending	on	the
client	engagement.	Please	see	below	for	more	details.

        Fixed	Fees	for	Seek	First	Consulting
        The	Adviser	charges	clients	with	basic	needs	a	fixed	fee	of	$1,500-$3,000	per	month
        payable	in	arrears	for	the	Seek	First	Consulting	program.	Clients	with	more	complex
        financial	planning,	tax	planning,	insurance,	and	estate	planning	needs,	or	are	owners
        of	rental	properties,	multi-generational	trusts,	and	similar	circumstances	are	charged
        a	monthly	fee	of	$3,500-$6,000	payable	in	arrears.

        Asset-Based	Fees	for	Seek	First	Consulting

             ASSETS	MANAGED	                                 ANNUAL	FEE
             $0	–	$1,000,000	                                    1.50%
             $1,000,001	–	$5,000,000	                            1.10%
             $5,000,001	–	$10,000,000	                           0.90%
             $10,000,001	–	$25,000,000	                          0.50%
             $25,000,001	–	$50,000,000	                          0.35%
             Over	$50,000,000	                                   0.25%

        The	value	of	the	securities	contained	in	the	client’s	managed	account	shall	be	deemed
        to	 be	 the	 closing	 price	 of	 such	 securities	 on	 the	 leading	exchange	 to	 which	 each	 is
        admitted	to	trading.	If	any	such	securities	are	not	admitted	to	trading	on	an	exchange,
        then	the	value	of	such	securities	shall	be	deemed	to	be	the	closing	bid	prices	in	the
        over-the-counter	market	as	furnished	by	the	National	Quotation	Bureau,	Inc.

Fees	are	due	on	the	first	day	of	the	calendar	month	for	the	prior	calendar	month.	The	Adviser
will	prorate	its	fees	based	upon	the	number	of	days	the	account	was	open	during	the	billing
period.

Overall,	the	program	is	designed	to	provide	approximately	6-12	hours	of	total	time	per	client
per	month,	based	on	the	complexity	of	the	engagement,	in	addition	to	various	deliverables.
The	Adviser	uses	a	rate	of	$300	an	hour	to	calculate	the	service	component.

Independent	 professionals	 in	 the	 areas	 of	 financial	 planning,	 tax	 planning,	 insurance,	 and
estate	planning	are	retained	as	part	of	the	Seek	First	Consulting	program.	The	Adviser	has
agreements	with	each	professional.	Certain	fees	for	professional	services	and	deliverables
are	payable	from	the	Adviser’s	fee	(the	$300	rate	serves	as	a	cap).	If	no	service	is	provided	to
the	client,	then	no	fees	will	be	charged	during	that	month.	The	client	will	only	be	charged	for
the	 time	 when	 an	 actual	 service	 was	 performed	 during	 a	 month.	 Seek	 First	 Consulting
program	fees	are	not	negotiable.	Financial	planning	fees	will	be	offset	for	related	advisory
services	of	assets	being	managed	by	the	Adviser.	Direct	debits	from	investment	management
accounts	and	checks	are	acceptable	forms	of	payments.

The	following	services	are	outside	the	scope	of	the	Seek	First	Consulting	program	services
and	will	be	quoted	in	writing	and	agreed	to	in	advance	of	any	work	(will	incur	a	separate	fee):
    • The	filing	of	all	tax	returns:	Federal	&	States

    •    Restatement/creation	of	any	legal	documents:	Trust,	Will,	Healthcare	Directive	&
         Power	of	Attorney
    •    New	entity	formation:	LLCs,	Corporations,	Partnerships,	etc.
    •    New	legal	contracts:	lease	agreements,	buy/sell	agreements,	etc.
    •    Business	deliverables,	including	bookkeeping	&	payroll	services
    •    Deliverables	for	others:	family,	friends,	etc.
    •    Tax	returns	&	Filings

Clients	 will	 have	 a	 period	 of	 five	 (5)	 business	 days	 from	 the	 date	 of	 signing	 a	 consulting
services	agreement	to	unconditionally	rescind	the	agreement	without	penalty	and	receive	a
full	 refund	 of	 all	 fees.	 Thereafter,	 either	 party	 may	 terminate	 the	 agreement	 with	 a	 30-day
notice	in	writing.

Since	fees	are	payable	only	after	services	are	provided,	there	are	no	unearned	fees	and	the
client	 will	 not	 have	 a	 refund	 due	 upon	 early	 termination	 of	 the	 agreement.	 Fees	 will	 be
charged	 for	 the	 actual	 time	 spent	 providing	 services.	 The	 Adviser	 will	 deliver	 completed
portions	of	any	documents	to	the	client.

Investment	Management	Fees

          Fixed	Fees	for	Investment	Management
          The	 Adviser	 charges	 clients	 a	 fixed	 fee	 of	 $1,000	 per	 month	 payable	 in	 arrears	 for
          investment	management	services.

          Asset-Based	Fees	for	Investment	Management

               ASSETS	MANAGED	                                 ANNUAL	FEE
               $0	–	$1,000,000	                                    1.50%
               $1,000,001	–	$5,000,000	                            1.10%
               $5,000,001	–	$10,000,000	                           0.90%
               $10,000,001	–	$25,000,000	                          0.50%
               $25,000,001	–	$50,000,000	                          0.35%
               Over	$50,000,000	                                   0.25%

          The	value	of	the	securities	contained	in	the	client’s	managed	account	shall	be	deemed
          to	 be	 the	 closing	 price	 of	 such	 securities	 on	 the	 leading	 exchange	 to	 which	 each	 is
          admitted	to	trading.	If	any	such	securities	are	not	admitted	to	trading	on	an	exchange,
          then	the	value	of	such	securities	shall	be	deemed	to	be	the	closing	bid	prices	in	the
          over-the-counter	market	as	furnished	by	the	National	Quotation	Bureau,	Inc.
...

Item	7	–	Types	of	Clients

Client	Composition

The	Adviser	offers	advisory	services	to:

    •   Individuals	 (including	 high	 net	 worth	 individuals,	 trusts,	 estates,	 401(k)	 accounts,
        IRAs,	etc.)
    •   Business	entities	(including	sole	proprietorships)

Account	Minimums

With	respect	to	fee	and	service	levels,	Seek	First	looks	to	the	client’s	amount	of	assets	under
management	 and	 other	 factors	 in	 determining	 which	 fee	 structure	 and	 service	 mix	 to
recommend	for	a	given	client.

The	ideal	fixed	program	client	has	a	liquid	net	worth	of	$1.5	million	and	complex	planning	and
other	needs.	The	Adviser	typically	requires	a	minimum	of	$500,000	to	establish	a	new	advisory
account.	However,	the	minimum	may	be	waived	at	the	sole	discretion	of	the	Adviser.	In	addition,
the	 Adviser	 may	 continue	 to	 service	 existing	 accounts	 that	 have	 values	 that	 are	 below	 the
minimum.