SILA Financial LLC

Item 5 – Fees and Compensation
Fees for Advisory Services

Fees for our services are negotiable and may vary from client to client based on the scope of the
engagement and the specific services to be provided, among other factors. Below is our typical fee
schedule and the maximum fees we charge for ongoing portfolio management:

                   Level of Assets Under Management                  Annualized Fee

                   First $1,000,000 AUM                                   1.00%

                   Next $2,000,000 AUM                                    0.50%

                    Thereafter                                            0.25%

We change our typical fee schedule periodically and clients with whom we’ve worked longer may pay a
lower fee; not all clients pay the same fee. The specific advisory fees you pay to us will be described in
your written advisory agreement with us. Advisory fees are quoted on an annualized basis, but are

calculated and payable quarterly, in advance, based on the market value of the client’s account as
determined by your Custodian as of the last business day of the prior billing period. The advisory fee for
the initial billing period is prorated from the market value of your account on the date it is funded through
the end of that calendar quarter. We do not include any non-actively managed cash balances, or other
static or non-managed assets, held in your account for purposes of calculating our advisory fees. Multiple
related accounts within a household are aggregated for purposes of determining the applicable annual
fee and this will be documented in our client agreement with us.

Direct Fee Deduction and Reporting

Unless otherwise agreed, all fees charged by Sila Financial will be paid directly from your account(s) held
at the Custodian. Your written authorization for direct deduction of fees will be contained in our written
advisory agreement and/or the Custodian’s account opening documentation.

We will first look to cash balances in your account or to liquidate money market shares to pay our advisory
fees. In the event that cash balances or money market shares are not available, other investments may
be liquidated to pay the fees then due. We will only liquidate other investments in line with our fiduciary
duty to you, and will typically notify you of the need to liquidate investments to pay our advisory fees,
should the need ever arise. Clients may make additions or withdrawals from their account at any time,
however, the advisory fees applicable to your account may be adjusted in view of such transactions on a
pro-rata basis. Clients should note that some or all of the investments in their account may be intended
as long-term investments and withdrawals of cash and premature liquidations of securities positions may
impair the achievement of your investment objectives.

The Custodian of your account will send an account statement to you at least quarterly, identifying the
amount of funds and each security in your account at the end of the period, and setting forth all
transactions in the account during that period, including the amount of any advisory fees paid directly
from your account to our firm. The Custodian is not responsible for verifying the accuracy of any fee
calculations. Therefore, we encourage you to review the Custodian’s account statements carefully and
promptly upon receipt. If you believe we there has been any miscalculation of any fees or if you have any
other concerns related to your account, you should contact us immediately at the phone number listed
on the cover page of this firm brochure.

Terminating Our Services

Our Services may be terminated by either party by providing ten (10) days’ written notice of termination
to the non-terminating party, including email. In the event of termination, we shall be compensated by
the client’s payment of a pro-rated advisory fee based on the number of days services were provided prior
to termination. Any pre-paid but unearned fees will be promptly refunded to the client.

Additional Fees and Costs

Clients will incur additional costs through the expense ratios, internal management fees, and other
internal costs and charges of participation in pooled investment vehicles such as mutual funds and ETFs.
However, Sila Financial has access to institutional share classes, which are typically not available to
individual investors and generally carry the lowest available expense ratios. Additionally, the Custodian
holding client assets will charge fees separately for their trading/clearing services (e.g., trading
commissions, mark-ups, mark-downs, spreads, and other transaction-based fees) and account

maintenance services (e.g., custodial and reporting fees). See Item 12 for a discussion of our brokerage
practices.

Compensation for Sale of Insurance and/or Securities Products and Services

Certain affiliated persons of Sila Financial, including Mr. Schliiter, are independently licensed to sell
insurance in one or more states, and act in their individual capacity as direct agent representatives of a
specific insurance company or companies. Licensed individuals receive commissions and fees as a result
of the sale of insurance products or services to advisory clients. The fees paid to Sila Financial for
investment advisory services are separate and distinct from any commissions and fees earned by our
affiliated persons for selling insurance products or services to clients. The receipt of insurance related
commissions or fees presents a conflict of interest. As fiduciaries, we must act primarily for the benefit of
our investment advisory clients; we owe our clients a fiduciary duty to put their interests first which
includes, but is not limited to, a duty of care, loyalty, and utmost good faith. We will only recommend
insurance products to clients when fully suitable and appropriate.
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Item 7 – Types of Clients
Sila Financial provides services to individuals, businesses, qualified retirement plans, trusts, estates, and
non-profit organizations. Fee-based advisory accounts make sense for some people or situations, but not

all. Each client’s situation will be evaluated to determine if an advisory account is suitable based on such
things as (1) amount of assets to be managed, (2) tax situation (3) level of dedication and quality of
engagement by the client, (4) amount of monitoring and management required (5) active management
vs. buy-and-hold mentality, (6) household/family affiliations, and potentially other factors.

We generally require a minimum account size of $100,000 to open an advisory relationship with our firm.
We may waive this requirement in our sole discretion on an individual client basis.