Shira Ridge Wealth Management

ITEM 5: FEES & COMPENSATION

How We Are Compensated for Our Advisory Services

Asset Management

                ASSETS UNDER                      SHIRA RIDGE INVESTMENT ADVISORY FEE
                MANAGEMENT                          Per Quarter       Annualized Fee

                 First $999,999                        0.25%                 1.00%
         Next $1,000,000 to $1,499,999                 0.225%                0.90%
         Next $1,500,000 to $2,999,999                 0.20%                 0.80%
         Next $3,000,000 to $4,999,999                 0.15%                 0.60%
         Next $5,000,000 to $7,499,999                 0.10%                 0.40%
                Over $7,500,000                                 Customized

Our firm’s annualized fees are billed on a pro-rata basis quarterly in advance based on
the value of your account on the last day of the previous quarter. Fees will be
deducted from your account unless other agreed-upon arrangements have been
made.

The annual asset-based management fee for Shira Ridge’s investment advisory
services is on a tiered schedule, and in certain circumstances may be negotiable. In
addition to the Shira Ridge investment advisory fee, the client may be charged
transaction charges by the custodian pursuant to a fixed schedule for trade execution.
As part of this process, the client is made aware of the following:
a) Your independent custodian sends statements at least quarterly to you showing the
   market values for each security included in your Assets and all disbursements in
   your account, including the amount of the advisory fees paid to us.
b) For convenience, most of our clients choose to have their management fees
   deducted directly from their account. We send our billing instructions directly to the
   custodian.
c) It is the client’s responsibility to verify the calculation of advisory fees deducted from
   the account. We urge you to carefully review such statements and compare this
   official custodial record to the account statements that we may provide to you.

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Financial Planning & Consulting

Planning is at the core of working with and advising our clients, and we begin the
majority of our wealth management client relationships with this first step (a minimum
$1,000,000 in household assets).

We update our clients’ plans annually, and adjust our strategies based on your goals
and objectives, tax law changes, life changes (birth, death, etc.). The services that will
be provided, and the areas that will be analyzed are:
   Reviewing and prioritizing your goals and objectives.
   Developing a summary of your current financial situation, including a net worth
   statement, cash flow summary, and insurance analysis.
   Reviewing your current investment portfolio and developing an asset management
   strategy.
   Developing a wealth management strategy, including financial projections and
   analysis.
   Assessing estate net worth and liquidity.
   Discussing legacy and charitable planning goals and objectives.
   Identifying tax planning strategies to optimize your financial position.
   Presenting a written wealth management plan that will be reviewed in detail with
   you. A summary of recommendations designed to meet your stated goals and
   objectives will be provided.
   Developing an action plan to implement the agreed upon recommendations.
   Providing referrals to other professionals, as required, to assist with implementation
   of the action plan.

At our discretion, and depending upon the complexity of the situation, we may also
work with clients on a project basis. This work is billed at a rate of $300 - $500 per hour
and payment will be due once the project has been completed. Clients may terminate
their contracts without penalty within five business days of signing the advisory
contract. The firm or its associated persons may receive compensation for financial
planning and the provision of investment management services. We do not make any
representation that our services are offered at the lowest available cost and that you
may be able to obtain these services at a lower cost from other providers.

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Other Types of Fees & Expenses
Clients may incur transaction charges for trades executed in their accounts. These
transaction fees are separate from our fees and will be disclosed by the firm through
which the trades are executed. Also, clients will pay the following separately incurred
expenses, of which Shira Ridge does not receive any part: charges imposed directly by
a mutual fund, index fund, or exchange traded fund which shall be disclosed in the
fund’s prospectus (i.e., fund management fees and other fund expenses).

Termination & Refunds
Shira charges its advisory fees quarterly in advance. Our advisory agreement may be
canceled at any time, by either party, for any reason upon receipt of 14 days’ written
notice. Upon termination of an account, any prepaid, unearned fees will be promptly
refunded. In calculating a client’s reimbursement of fees, we will pro rate the
reimbursement according to the number of days remaining in the billing period.

Commissionable Securities Sales
We do not sell securities for a commission.

ITEM 7: TYPES OF CLIENTS & ACCOUNT REQUIREMENTS

Shira Ridge provides advice to the following types of clients:
➢ Individuals and High Net Worth Individuals
➢ Small Business Owners
➢ Non-Profit Organizations
Our requirements for opening and maintaining accounts or otherwise engaging us:

Shira Ridge requires initial minimum assets of $1,000,000 for management. At our
discretion, we may waive this minimum or negotiate a different fee schedule based
on the nature of the client’s account. The exact fee schedule will be approved by the
client in their advisory agreement at the inception of the relationship. For accounts
that are smaller than $10,000 there may be a minimum annual fee of $60.

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