Steward Advisors Group LLC

Item 5: Fees and Compensation

Investment Advisory Services – Fees
Our annual fees for investment advisory services are as follows:

                          Assets Under Management                  Annual Fee
                               Up to $1,000,000                      1.65%
                           $1,000,001to $3,000,000                   1.35%
                           $3,000,001 to $5,000,000                  1.25%
                          $5,000,001 to $10,000,000                  0.95%
                            $10,000,001 and above                  Negotiable

Clients will be invoiced in arrears at the beginning of each calendar quarter based upon average daily balance.

For assets invested in private placements and alternative assets, the annual fee rate will be 1.50%.

For projects outside the scope of or in addition to the investment advisory fees defined above, a standard
hourly rate of $250-800 per hour may be charged.

Investment Advisory Services – Sub-Advisory Fees
Annual fees for investment advisory services provided by Sub-Advisors are typically 0.50% - 1.00% annually as
disclosed in the Discretionary Agreement. These Fees are separate from our investment advisory services fees,
as described in the section above. Sub-Advisory fees are charged in arrears at the beginning of each calendar
quarter based upon an average daily balance. Clients authorize the custodian, in writing, to directly debit any
applicable sub-advisory fees.

Financial Planning – Fees
Financial Planning and Consulting fees will be charged as an hourly fee, typically ranging from $250 to $800
per hour, or on a flat fee ranging from $1,500 to $7,500, depending on the nature and complexity of each
client’s circumstances, and the advisor on their account.

An estimate of fees will be provided to the client prior to the engagement. An initial deposit equal to one-half
of the agreed upon fee is payable at the time of entering into an agreement, with the remaining balance due
upon presentation of a completed plan to the client. In no case will more than $1,500 be collected from the
client more than 6 months in advance.

Agreement Terms

Either the client or the Firm may terminate an agreement at any time by notification in writing. If the client
made an advance payment, the Firm would refund any unearned portion of the advance payment. Upon
termination of any account, any earned, unpaid fees will be due and payable.

Cash Balances
Some of your assets may be held as cash and remain uninvested. Holding a portion of your assets in cash and
cash alternatives, i.e., money market fund shares, may be based on your desire to have an allocation to cash
as an asset class, to support a phased market entrance strategy, to facilitate transaction execution, to have
available funds for withdrawal needs or to pay fees or to provide for asset protection during periods of volatile
market conditions. Your cash and cash equivalents will be subject to our investment advisory fees unless
otherwise agreed upon. You may experience negative performance on the cash portion of your portfolio if the
investment advisory fees charged are higher than the returns you receive from your cash.

Retirement Plan Rollover Recommendations
As part of our investment advisory services to our clients, we may recommend that clients roll assets from
their employer’s retirement plan, such as a 401(k), 457, or ERISA 403(b) account (collectively, a “Plan
Account”), to an individual retirement account, such as a SIMPLE IRA, SEP IRA, Traditional IRA, or Roth IRA
(collectively, an “IRA Account”) that we will advise on the client’s behalf. We may also recommend rollovers
from IRA Accounts to Plan Accounts, from Plan Accounts to Plan Accounts, and from IRA Accounts to IRA
Accounts.

If the client elects to roll the assets to an IRA that is subject to our advisement, we will charge the client an
asset-based fee as set forth in the advisory agreement the client executed with our firm. This creates a conflict
of interest because it creates a financial incentive for our firm to recommend the rollover to the client (i.e.,
receipt of additional fee-based compensation). Clients are under no obligation, contractually or otherwise, to
complete the rollover. Moreover, if clients do complete the rollover, clients are under no obligation to have
the assets in an IRA advised on by our firm. Due to the foregoing conflict of interest, when we make rollover
recommendations, we operate under a special rule that requires us to act in our clients’ best interests and not
put our interests ahead of our clients.’

Under this special rule’s provisions, we must:

   •   meet a professional standard of care when making investment recommendations (give prudent
       advice);
   •   never put our financial interests ahead of our clients’ when making recommendations (give loyal
       advice);
   •   avoid misleading statements about conflicts of interest, fees, and investments;
   •   follow policies and procedures designed to ensure that we give advice that is in our clients’ best
       interests;
   •   charge no more than a reasonable fee for our services; and
   •   give clients basic information about conflicts of interest.

Many employers permit former employees to keep their retirement assets in their company plan. Also,
current employees can sometimes move assets out of their company plan before they retire or change jobs. In
determining whether to complete the rollover to an IRA, and to the extent the following options are available,
clients should consider the costs and benefits of a rollover. Note that an employee will typically have four
options in this situation:

   1.   leaving the funds in the employer’s (former employer’s) plan;
   2.   moving the funds to a new employer’s retirement plan;
   3.   cashing out and taking a taxable distribution from the plan; or
   4.   rolling the funds into an IRA rollover account.
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Item 7: Types of Clients

We offer our investment advisory and financial planning services to various types of clients, including
individuals, high-net-worth individuals, charitable organizations, trusts and estates.

We require a minimum asset level of $25,000 to establish an investment advisory services relationship.
However, in our sole discretion we may reduce the required minimum asset level or group certain related
accounts for purposes of achieving the minimum account size. Certain Independent Managers and/or
investment products offered by external managers may impose separate minimum investment requirements.