Silver Oak Securities Incorporated

Item 5 – Fees and Compensation

Compass and AdvisorFX fees are billed on a pro-rata annualized basis quarterly or monthly in arrears or in
advance based on the value of your account on the last day of the previous quarter or month. Fees are
calculated based on actual number of days in a month or quarter, and actual number of days per year. The fee
amount and calculation method will be fully disclosed on Schedule A of your Compass or AdvisorFX Agreement
(“Agreement”) and are comprised of the Advisor Fee and the Platform Fee.

If fees are billed in advance and you close or transfer your account before the end of the applicable billing
period, unearned fees of $1.00 or more will be refunded to you either through a deposit to your account or by
check to the most recent address of record that you provided to SOSI.

Your Financial Professional determines the Advisor Fee to charge based on factors such as total amount of
assets involved in the relationship, the complexity of the services, and the number and range of
supplementary advisory and client-related services. The Advisor Fee is negotiable between you and your
Financial Professional. The actual fee rates paid by you will be set forth in Schedule A of the Agreement. You
should consider the level and complexity of the consulting and/or advisory services to be provided when
negotiating the Advisor Fee with your Financial Professional.

For clients that choose to have their account value combined with the account value of another client or
account, (“Householded”), for the purpose of receiving a lower fee via a tier or breakpoint billing structure,

there can be certain instances where their account number and account values will be viewable to each party
in the household. Fees charged for householded accounts will be less than fees charged when accounts are
billed individually.

The Fee is deducted from the client’s account when due. SOSI will liquidate money market shares to pay the
fees and, if insufficient money market shares or cash are available, other investments will be liquidated to pay
the fees. The investment(s) to be liquidated will be selected at random by your Financial Professional or SOSI.
Authorization for the automatic deduction of fees from your account(s) is contained in the Agreement.

Fees are typically deducted directly from your account. However, you can also decide to have the fee
deducted from an alternate account. The account used for debiting generally must be a non-qualified account
on a platform approved for fee-debiting. To arrange this, you must provide the custodian with written
authorization to have fees deducted from your account and paid to us through the proper Agreement. The
custodian sends statements, at least quarterly, showing all disbursements for the account, including the
amount of the Account Fee, if deducted directly from the account. Fee deduction will be made by the
qualified custodian holding your funds and securities. Further, the qualified custodian agrees to deliver a
monthly or quarterly account statement directly to you (never through SOSI) showing all disbursements from
the account. You are encouraged to review all account statements for accuracy. SOSI will form a reasonable
belief that such statements are delivered to you. You can terminate authorization for automatic deduction of
the fee by notifying your Financial Professional in writing. In turn, your Financial Professional will notify the
SOSI home office promptly and your account will be closed.

The Advisor fee is negotiable between you and your Financial Professional and is based on a percentage of the
assets in your account. The Advisor Fee may be a flat annual percentage based on the amount of assets in
your account(s), or may be a fee schedule that varies based on the amount of assets in your account(s). The
maximum Advisor Fee is 2% of the assets in your account(s). Prior to March 2020, the maximum Advisor Fee
was 2.50% of the assets in your account(s). Accounts established prior to that date with a maximum Advisor
Fee above 2.50% will remain at a maximum Advisor Fee above 2% of assets in the account until such time as a
new Agreement is executed.

A fee schedule that varies based on the amount of assets in your account(s) may be either Linear or Tiered.
     Tiered Fee Schedule - With a tiered fee schedule, different asset levels are assessed different
        fees based on the size of the accounts.
     Linear Fee Schedule - With a linear fee schedule, breakpoints will be assessed from dollar 1 to
        your current asset level.

All things being equal, if your account meets the breakpoints of a fee schedule, you will pay less with a Linear
fee schedule than a Tiered fee schedule of a flat annual fee.

For Compass accounts, in addition to the Advisor Fee, SOSI charges a Platform Fee that is comprised of two
components and will be fully disclosed in your Agreement.
    1. A $45.00 per year per account (billed pro-rata based on the frequency of your fee schedule); and
    2. An asset-based Platform Fee between .08 – .15%.

For AdvisorFX accounts, in addition to the Advisor Fee, SOSI charges a Platform Fee that is comprised of two
components and will be fully disclosed in your Agreement.
    1. A $45.00 per year per account (billed pro-rata based on the frequency of your fee schedule); and
    2. An asset-based Platform Fee between 0.05% - 0.25%..

The Platform fee covers access to account data in Orion or Advyzon, performance reporting, account
aggregation, portfolio management, reporting, billing, invoicing, client portal, and a planning portal. For
AdvisorFX accounts, the platform fee also covers:
    Overlay trade management by SOSI;
    For Orion Strategists, the Platform Fee also covers SOSI’s cost for access to Strategists, Orion’s due
       diligence of Strategists, and Strategist’s trading signals from Strategists to SOSI through Orion; and,
...

Item 7 – Types of Clients and Account Requirements

Our Financial Professionals may provide advisory services to the following:
    Individuals
    High net worth individuals
    Pension and profit sharing plans
    Corporations
    Trusts
    Estates or charitable organizations
    Other business entities

We do not require a minimum account balance for our asset management service and we do not require a
minimum fee for financial planning and consulting services.