Storms & Rowdon Financial Services Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid quarterly in advance of each calendar quarter, pursuant to the terms of the investment
advisory agreement. Investment advisory fees are based on the market value of assets under management at the end
of the prior calendar quarter. Investment advisory fees are based on the following schedule:

                   Assets Under Management ($)              Annual Rate (%)
                   Up to $5,000,000                               1.00%
                   $5,000,001 to $10,000,000                      0.85%
                   $10,000,001 to $15,000,000                     0.65%
                   Over $15,000,000                             Negotiable

The investment advisory fee in the first quarter of service is prorated from the inception date of the account[s] to the end
of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
SRFS will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s
valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which are payable by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers
As noted in Item 4, the Advisor will implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation from an
Independent Manager. The Advisor will only earn its investment advisory fee as described above. Independent
Managers typically do not offer any fee discounts but may have a breakpoint schedule which will reduce the fee with
an increased level of assets placed under management with an Independent Manager. The terms of such fee
arrangements are included in the Independent Manager’s disclosure brochure and applicable contract[s] with the
Independent Manager. The total blended fee, including the Advisor’s fee and the Independent Manager’s fee, will not
exceed 2.00% annually.

                                          Storms & Rowdon Financial Services, Inc.
                                      1230 U.S. Highway 1, Ste. 5, Ormond Beach, FL 32174
                                           Phone: 386-677-0191 * Fax: 386-677-0172
                                                http://www.stormsandrowdon.com/

Financial Planning Services
SRFS offers financial planning services either on an hourly basis or a fixed engagement fee. Hourly fees range from
$200 to $300 per hour. Fixed fees are negotiated based on the expected number of hours to complete the engagement
at the Advisor’s hourly rate. Fees may be negotiable based on the nature and complexity of the services to be provided
and the overall relationship with the Advisor. An estimate for total hours and/or total costs will be provided to the Client
prior to engaging for these services.

B. Fee Billing
Investment Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from
the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the quarterly
rate (annual rate divided by 4) to the total assets under management with SRFS at the end of the prior quarter. Clients
will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the investment advisory
fee. Clients are urged to also review and compare the statement provided by the Advisor to the brokerage statement
from the Custodian, as the Custodian does not perform a verification of fees. Clients provide written authorization
permitting advisory fees to be deducted by SRFS to be paid directly from their account[s] held by the Custodian as part
of the investment advisory agreement and separate account forms provided by the Custodian.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Advisor and the Independent Manager will
each assume the responsibility for calculating and deducting their respective fees from the Client’s account[s].

Financial Planning Services
Financial planning fees will be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than SRFS, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge securities
transaction fees for ETF and equity trades in a Client's account, provided that the account meets the terms and
conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds
and other types of investments. The fees charged by SRFS are separate and distinct from these custody and
execution fees.

In addition, all fees paid to SRFS for investment advisory services are separate and distinct from the expenses
...

Item 7 – Types of Clients

SRFS offers investment advisory services to individuals, high net worth individuals, businesses, pension and profit-
sharing plans, and charitable organizations. SRFS generally does not impose a minimum relationship size.