Select Money Management Inc

ITEM 5: FEES AND COMPENSATION

General Investment Advisory Services for Individuals

In most situations, we do not charge a separate fee for our general investment advisory services for
individuals. We also do not impose a minimum dollar value of assets or other conditions for you to utilize
the general investment advisory services for individuals.

General Investment Advisory Services for Businesses

Fees for our general investment advisory services for businesses are typically flat-rate fees negotiated on
a case-by-case basis after an assessment of the complexities of the services to be rendered. We will

formalize our specific fees in a written advisory agreement with you.

Select Money Management Wrap Fee Program

Our fees range between .70% and 2.20%, depending on the asset allocation strategy, the assets under
management, the complexity of your investment requirements, and the nature of your individual
circumstances. You may be able to receive services similar to those offered through our Program from
other investment advisors either separately or as part of a wrap fee program. These services or programs
may cost more or less than
our Program. We will seek to assure that you are charged a competitive rate according to the size of the
account being managed. A complete description of each Program and its fees are contained in our Wrap
Fee Program Brochure (Form ADV, Part 2A appendix), which is available upon request.

AssetMark Platform
The Standard SMM advisory fee schedule for the AssetMark Platform is as follows:

Clients pay an annual investment advisory fee which is payable in advance of each calendar quarter. The
advisory fee is a percentage based on the fair market value of the total assets under management (including
accrued interest and dividends) within each client account at the end of the preceding quarter. The initial
advisory fee in the first quarter of the client engagement shall be prorated from the inception date to the end of
the first quarter. In addition, upon termination of the agreement with SMM or should SMM no longer manage
one or more of a client’s accounts, the client will be provided a refund of any pre-paid unearned advisory fees.

The advisory fee for each client account is calculated by AssetMark, along with AssetMark’s Platform Fee
(“Platform Fee”), which is separate from and in addition to SMM’s fee, and then deducted from the client
account(s) by the custodian. The total fee charged to clients by AssetMark will include the SMM Advisory Fee
and the AssetMark Platform Fee. The AssetMark Platform Fee is a wrap fee and includes payment for
administrative, custodial and brokerage services. AssetMark will pay SMM its advisory fee once the total fee
has been deducted. Clients shall receive independent account statements from the custodian no less frequently
than quarterly, which reflect, among other things, the advisory fees withdrawn from each account. The annual
fee range table above constitutes the fees charged by SEIA only and does not include any fees charged by
AssetMark.

The Platform Fee and SMM’s advisory fee applicable to each client account on the AssetMark Platform will be
set forth in the Client Billing Disclosure a client receives each time an Account is established on the Platform.
The AssetMark Platform Wrap Fee Disclosure Brochure contains additional information and disclosures
regarding fees and should be fully reviewed by clients.

A client’s advisory representative receives part of the SMM advisory fee, which creates a conflict of interest
because it is an incentive for the client’s advisory representative to recommend the AssetMark Platform over
other programs or services. According to the fee schedule, the firm receives between 1.00% and 2.00% and the
investment advisor representatives receive approximately 40% of the advisory fee SMM receives. To mitigate
this conflict, SEIA and our representatives have a fiduciary duty to act solely in your best interest including
when advising on investment programs and fee arrangements. SEIA clients should understand they may receive
comparable services from other investment advisors and pay fees that are higher or lower than those under the
Program.

The billing procedures for AssetMark, the total fee to be charged, as well as more details regarding the client’s
billing cycle, are outlined in AssetMark’s Platform Wrap Fee Disclosure Brochure and their separate client
services agreement entered into by clients. SEIA provides clients with a copy of AssetMark’s Platform Wrap
Fee Program Brochure)which details, among other things, the fees to be paid to AssetMark.

Managing the Managers

Typically, the program manager pays us a portion of the fee that you pay to the manager. The amount of
our compensation is disclosed in a written agreement with you and is subject to negotiation. Our share of
the fee is generally between 0.50% and 1.95%, depending on the assets under management, the complexity
of your investment requirements, and the nature of your individual circumstances. You may be able to
receive services similar to those offered through these programs from other investment advisors either
separately or as part of a wrap fee program. These services or programs may cost more or less than the
programs we have recommended. We will seek to assure that you are charged a competitive rate according
to the size of the account being managed. A complete description of each program and its fees are
contained in the Program Brochures (Form ADV, Part 2A or Form ADV, Part 2A appendix).

Third-Party Wrap Fee Programs

Typically, the program sponsor pays us a portion of the fee that you pay to the sponsor. The amount of
our compensation is disclosed in a separate solicitor’s disclosure brochure and is subject to negotiation.
Our share of the fee is generally between 0.40% and 1.5%, depending on the assets under management,
...

ITEM 7: TYPES OF CLIENTS

 We provide portfolio management services to individuals, high net worth individuals, businesses,
corporate pension and profit-sharing plans, trusts, charitable institutions, foundations, and endowments.