Split Creek LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management               Annual Fees
        $0 - $500,000                               1.75%

        $500,001 - $1,000,000                       1.50%

        $1,000,001 - $5,000,000                     1.25%

        $5,000,001 - AND UP                         1.00%

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of SCC's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract
immediately upon written notice.

Selection of Other Advisers Fees

When SCC opts to recommend a TAMP to clients, clients will pay the standard fees for
portfolio management as disclosed above. Because SCC absorbs the fees charged by a
TAMP, it may have an incentive to recommend clients use its standard portfolio
management services as SCC retains the entire AUM fee for standard portfolio
management. The TAMP will receive a portion of the fee ranging from 10%-30%.
However, SCC will always make recommendations in the best interests of its clients.

Subadviser Services Fees

SCC may also act as a subadviser to unaffiliated third-party advisers and SCC would
receive a share of the fees collected from the third-party adviser’s client. SCC typically
receives a fee ranging from 10% to 30%. The fees charged are negotiable and will not
exceed any limit imposed by any regulatory agency. This relationship will be
memorialized in each contract between SCC and the third-party adviser.

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $500 and $10,000.

Clients may terminate the agreement without penalty, for full refund of SCC’s fees, within
five business days of signing the Financial Planning Agreement. Thereafter, clients may
terminate the Financial Planning Agreement generally upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in advance.

       Payment of Subadviser Fees

       Subadviser fees may be withdrawn from client’s accounts or clients may be invoiced for
       such fees, as disclosed in each contract between SCC and the applicable third-party
       adviser.

       Payment of Financial Planning Fees

       Financial planning fees are paid via check and wire.

       Fixed financial planning fees are paid in arrears upon completion.

       C. Client Responsibility For Third Party Fees

       Clients are responsible for the payment of all third-party fees (i.e. custodian fees,
       brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
       distinct from the fees and expenses charged by SCC. Please see Item 12 of this brochure
       regarding broker-dealer/custodian.

       D. Prepayment of Fees

       SCC collects certain fees in advance and certain fees in arrears, as indicated above.
       Refunds for fees paid in advance but not yet earned will be refunded on a prorated basis
       and returned within fourteen days to the client via check or return deposit back into the
       client’s account.

       For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
       the fees collected in advance minus the daily rate* times the number of days elapsed in
       the billing period up to and including the day of termination. (*The daily rate is calculated
       by dividing the annual asset-based fee rate by 365.)

       E. Outside Compensation For the Sale of Securities to Clients

       Neither SCC nor its supervised persons accept any compensation for the sale of
       investment products, including asset-based sales charges or service fees from the sale of
       mutual funds.

Item 7: Types of Clients

SCC generally provides advisory services to the following types of clients:

       ❖       Individuals
       ❖       High-Net-Worth Individuals

There is no account minimum for any of SCC’s services.