Steven G Blum and Associates LLC

Item 5—Fees & Compensation
If client engages the Advisor, the fee is governed by the terms of a separate Financial Advisory Agreement (“Advisory
Agreement").
The standard fee will be based on the fair market value of all investments which Advisor considers in making its
recommendations to client and which are the subject of investment decisions which Advisor continues to monitor.
This amount shall be multiplied by 0.24%. To that amount shall be added the sum of $1,800. The total of those two
amounts will constitute the quarterly fee. Fees are negotiable. Compensation for these services is payable quarterly.
Such fee is collected following each quarter of service.
We agree upon a fee with a client that anticipates the services listed in Item 4. If client does not avail themselves of
these services, the fee does not change unless parties agree to renegotiate the Advisory Agreement.
The Advisory Agreement provides written authorization from client for Advisor to electronically deduct advisory fees
from the client’s account held by a qualified custodian; although, in certain circumstances the client may pay via
check. If client has elected to provide electronic debit authorization, Advisor will send the qualified custodian written
or electronic notice of the amount of the fee to be deducted from client's account. The monthly statement from the
qualified custodian contains the amount of the quarterly fee deducted and is sent to every client.

A client may terminate his or her contract within five (5) days with written notice to the Advisor. Upon such a
termination, Advisor shall be entitled to a pro-rata amount of the fee that would have been due at the conclusion of
the quarter. Furthermore, at the time of entering into a contract, client may terminate that contract without penalty
within five business days after entering into the contract and the client will not owe any fees for this five-business-
day period. Although the Advisor does not collect prepaid fees, if such a situation should arise, all prepaid fees will be
returned if the client decides to terminate within the five-business day period.
Unless the client directs otherwise, the Advisor will generally recommend Charles Schwab & Company (“Schwab”),
Fidelity, or Shareholder Services Group (“SSG”) to serve as the broker-dealer/custodian (“Custodian”) for client assets,
although client retains the ultimate authority for determining where their assets are held. Each Custodian charges
transaction fees for effecting certain securities transactions (i.e. transaction fees for certain no-load mutual funds,
individual equity and fixed income securities transactions, etc.). In addition to Advisor’s fee, and transaction fees,
clients will also incur, relative to all mutual fund and exchange traded fund (“ETF”) purchases, charges imposed at the
fund or ETF level (e.g. management fees and other fund expenses). Accordingly, client should review the fees charged
by the investments, Custodian(s) and the Advisor to fully understand the total amount of the fees being paid.
Additionally, the investments selected for the clients are not exclusively available to the Advisor and may be obtained
through other unaffiliated firms and potentially at a lower fee.

Item 7—Types of Clients
The Advisor is engaged in the business of providing investment consulting to affluent clients who are individuals,
families, pension and profit-sharing plans, estates, charitable organizations, and corporations or business entities.