Shope Financial Planning Inc

Item 5 - Fees and Compensation
Description of Fees
    SAG bases its fees on a percentage of advisory assets under management or on a one-
    time fee for each individual consultation (i.e. Financial Advice). The Advisory Service
    Agreement fee will be a percentage of the closing market value of all assets in the
    account on the last trading day of each calendar quarter. There are other applicable fees
    such as annual IRA custodial fees, checking feature fees, inactivity fees, ticket charges,
    confirmation fees, fees to receive paper copies of your monthly/quarterly statements,
    account closing fees, etc. Our goal is to keep fees to a minimum and will inform you in
    advance of any fee when at all possible.

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Fee Billing
    Client Advisory Fees are charged to the account at the beginning of each calendar
    quarter. The client agrees to keep enough cash available in the account to pay each
    quarterly fee.

    ADVISORY ACCOUNT FEES
    Advisory Account client fees are charged to the account at the beginning of each
    calendar quarter.

    If a client opens his/her account partially through a quarter, a partial fee will be billed
    to the client's account on a pro rata basis at the beginning of the next quarter.

    If a client closes his/her account prior to the end of a quarter in which an advisory fee
    was charged, a partial fee will be refunded to the client's account on a pro rata basis.

    The client agrees to keep enough cash available in the account to pay each quarterly
    fee.

    CONSULTATION FEES
    Consultation fees are applicable when investment and/or financial planning services
    are requested by a non-advisory account client. Consultations include, but not limited
    to, responding to requests made by the client to prepare retirement planning
    documentation or review: current investment portfolio holdings, estate planning
    documents, employer sponsored retirement plan investment options, or pension plan
    payout options. Consultation services are NOT to be considered as continual financial
    planning services and updates will only be provided at the client’s request. These
    services are provided as follows:

           1. Each consultation is billed at an hourly rate of $250/hour. Any future update
           requests will result in an additional charge.

           2. Preparing a formal retirement plan report. This includes gathering pertinent
           financial information such as: risk tolerance, tax bracket, monthly retirement
           spending income need, social security and pension figures, and financial assets.
           Once the report has been completed, the results will be presented to the client
           and a printed or electronic copy will be provided. This cost for the initial
           retirement plan is $1250 and future updates are billed at $375. Five hours of
           consultation time is included to gather information, prepare the plan, and
           present the results. If additional time is required, it is billed at $250/hour.

    Consultation Fees are billed after the services have been performed and only provided
    on an “as and when requested” basis.

Other Fees
    Custodians may charge transaction fees on purchases or sales of certain mutual funds
    and exchange-traded funds. These transaction charges are usually small and incidental

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    to the purchase or sale of a security. The selection of the security is more important
    than the nominal fee that the custodian charges to buy or sell the security.
    SAG, in its sole discretion, may waive its minimum fee and/or charge a lesser
    investment advisory fee based upon certain criteria (i.e. historical relationship, type of
    assets, anticipated future earning capacity, anticipated future additional assets, dollar
    amounts of assets to be managed, related accounts, account composition, etc.).
    New Advisory Service Agreement fees are calculated on a formula basis and are not
    adjusted for complexity of individual situations.

Expense Ratios
    Mutual funds, if used, generally charge a management fee for their services as
    investment managers and is commonly referred to as the expense ratio. For example,
    an expense ratio of 0.50 means that the mutual fund company charges 0.5% for their
    services. Performance figures quoted by mutual fund companies in various
    publications are generally after the expense ratio has been deducted. These fees, if
    present, would be in addition to the advisory fees paid by a client to an advisor.

Past Due Accounts and Termination of Agreement
    SAG reserves the right to stop work on any account that is more than 90 days overdue.
    In addition, SAG reserves the right to terminate any financial planning engagement
    where a client has willfully concealed or has refused to provide pertinent information
    about financial situations when necessary and appropriate, in SAG’s judgment, to
    providing proper financial advice.

Item 7 - Types of Clients
Description
 SAG generally provides investment advice to individuals. However, it can provide
 investment advice to banks or thrift institutions, investment companies, pension and profit-
 sharing plans, trusts, estates, or charitable organizations, corporations or business entities
 and churches. Client relationships vary in scope and lengths of service.

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   Account Minimums
       The minimum account size to open an account is $500,000 (this asset level can be lower
       at the discretion of the individual IAR) of assets under management, which equates to
       an annual fee of $4,040.00. Clients receiving ongoing asset management services will
       be assessed a $287.50 minimum annual fee.