Seven Mile Advisory LLC

ITEM 5 - FEES AND COMPENSATION
Fee Schedule & Billing Method

Seven Mile Advisory offers services on a fee basis, which may include fixed fees, as well as fees based upon
assets under management.

Seven Mile Advisory LLC - Disclosure Brochure                                       January 1, 2026 – v1

Investment Management Services
The annual management fee for our Investment Management Services, including Financial Planning, is
based on a flat fee or the total dollar asset value of the assets maintained in the client’s account. The fee
assessed and/or charged is charged quarterly in advance and based on what is stipulated in the
Investment Advisory Agreement signed by each client. This may include a minimum quarterly fee.

Fees can be structured in one of the following ways: either by (i) a percentage of Assets Under
Management, which ranges up to 0.85% annually and is assessed and/or charged quarterly in advance
based on the prior quarter ending value, or (ii) a fixed flat fee, increasing annually by an inflation adjuster,
typically 3%.

Multiple variables factor into the fixed flat fee that will be charged, which may include but is not limited to
variables such as the size of the account(s), the anticipated hours to source, review, evaluate and discuss
the client’s portfolio of assets, complexity of securities or other assets the Firm is being asked to review,
the reporting requirements, the financial planning needs and the anticipated time in working with other
non-affiliated personnel, such as CPAs, attorneys or insurance agent or representatives.

In addition to the fixed flat fee outlined in the client investment advisory agreement, if there is a flat fee,
an inflation adjustment of 3% will typically be added to the agreed-upon fee each calendar year, typically
beginning January 1 of the following year from when the client commences the advisory relationship with
the Firm. This inflation adjuster will be in effect every year thereafter. The Firm retains the right to change,
rescind, or alter the inflation adjustment amount on a client-by-client basis, and Clients should refer to
their investment advisory agreement for more details.

Consulting Fees

In lieu of an investment advisory fee, Adviser may provide consulting services to Client regarding the
management of Client’s financial resources, which is based upon an analysis of Client’s current personal
and financial situations, goals, and objectives. The fee is assessed quarterly and is charged based on what
is stipulated in the Consulting Agreement signed by each client.

Other Fees and Expenses

In addition to the advisory fees paid to the Firm, clients may incur certain charges imposed by other third
parties, such as broker-dealers, custodians, trust companies, platform service providers, banks, and other
financial institutions (collectively “Financial Institutions”). These additional charges may include
transaction fees, custodial fees, fees attributable to alternative assets, reporting charges, margin costs,
charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the fund’s prospectus
(e.g., fund management fees and other fund expenses), deferred sales charges, odd-lot differentials,
transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
securities transactions. In addition, fees charged by the Independent Managers/Sub-Advisors are charged
to the clients separately. In these relationships with third-party and/or Sub-Advisors, these fees would be
in addition to the fees charged by the Firm, paid directly to the third-party and/or Sub-Advisor, and the
Firm will not receive any portion of those fees or share in those fees.

Seven Mile Advisory LLC - Disclosure Brochure                                        January 1, 2026 – v1

Direct Fee Debit

Clients generally provide the Firm and/or the Independent Managers with the authority to directly debit
their accounts for payment of the investment advisory fees. The Financial Institutions that act as the
qualified custodian for client accounts, from which the Firm retains the authority to directly deduct fees,
have agreed to send statements to clients not less than quarterly detailing account transactions, including
any amounts paid to the Firm.

Account Additions and Withdrawals

As stated above, clients may make additions to and withdrawals from their accounts at any time, subject
to the Firm’s right to terminate an account. Additions may be in cash or securities, provided that the Firm
reserves the right to liquidate any transferred securities or declines to accept particular securities into a
client’s account. Clients may withdraw account assets on notice to the Firm, subject to the usual and
customary securities settlement procedures. However, the Firm generally designs its portfolios as long-
term investments, and the withdrawal of assets may impair the achievement of a client’s investment
objectives. The Firm may consult with its clients about the options and implications of transferring
securities. Clients are advised that when transferred securities are liquidated, they may be subject to
transaction fees, short- term redemption fees, fees assessed at the mutual fund level (e.g., contingent
deferred sales charges), and/or tax ramifications.

Termination

Either party may terminate the advisory agreement at any time by providing written notice to the other
party. The amount of notice required is stipulated in your investment advisory agreement. The client may
terminate the agreement at any time by writing or phoning the Firm at our office. The Firm will refund any
prepaid, unearned advisory fees.

Terminations will not affect liabilities or obligations from transactions initiated in client accounts prior to
termination. In the event the client terminates the investment advisory agreement, the Firm will not
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ITEM 7 - TYPES OF CLIENTS
Seven Mile Advisory provides asset management, financial consulting, ERISA plan advisory & consulting,
investment advisory consultation, and selection of third-party money managers and/or sub-advisors. Our
services are provided on a discretionary basis to a variety of clients, such as institutional investors,
individuals, high net worth individuals, trusts and estates, and qualified purchasers. In addition, we may

Seven Mile Advisory LLC - Disclosure Brochure                                       January 1, 2026 – v1

also provide advisory services to entities such as pension and profit-sharing plans, businesses, and other
investment advisers.

Account Requirements
Seven Mile Advisory imposes a stated quarterly minimum fee. The Firm may choose to waive the minimum
fee at its discretion. Additionally, certain Independent Managers may impose more restrictive account
requirements and billing practices on the Firm. In these instances, the Firm may alter its corresponding account
requirements to accommodate those of the Independent Managers.