Summa Global Advisors LLC

ITEM 5: FEES AND COMPENSATION
  All of Summa’s income is derived from the fees received for the services we provide. We encourage clients to allow direct
  fee deduction from their accounts. This helps streamline the billing process and minimize the cost to the client. If there
  are extenuating circumstances, we can make an exception to these procedures and bill the client in another manner.

  Invoices are included as part of the quarterly Portfolio Reports delivered to clients. Separate invoices can be provided
  upon request.

  To give clients time to review their reports, verify the fee amounts, and contact us with questions, we withdraw fees
  five business days after mailing the invoices. All invoices include the fee rate, the market value on which it is computed,
  and the amount of the fee to be deducted.

Summa Fee Schedule
  Summa charges an annual fee based on a percentage of the client's assets. Clients are billed quarterly, and in advance,
  based upon the market value of their assets at the end of the previous quarter.

   STANDARD FEE SCHEDULE
      ▪      1.00% of market value up to $1,000,000
      ▪      0.75% of market value from $1,000,001 to $2,000,000
      ▪      0.50% of market value from $2,000,001 to $5,000,000
      ▪      Negotiable over $5,000,000

  The actual percentage charged to each client is negotiable and depends on several factors. Summa will not change fees
  without a 30-day advanced written notice.

  On occasion, we consult on investment and financial planning issues for a one-time fixed fee ranging between $1,000
  and $20,000 depending on the scope and complexity of the review. Upon engagement, a non-refundable deposit of 50%
  is required with the balance due upon completion.

Separate Account Manager (SAM) Fees
  Summa charges an annual fee of 0.50% on separately managed accounts under its care. The SAM will also charge their own
  fees on these accounts. These fee schedules can be provided upon request and should also be provided by the SAM as
  part of their management agreement with the client.

Other Fees
  In addition to the stated management fees that Summa charges, clients may incur additional, trading- related expenses
  charged to their accounts by the custodian at which their account is held. These will be reported on their monthly broker
  account statements and trade confirmations and may include the following:

      ▪   commissions for equity or fixed income trades (charged by the broker executing the trades);
      ▪   transaction fees on certain mutual funds that are not on the broker’s no-transaction-fee fund list. These funds
          are usually of institutional class with the lowest expense ratio compared with other classes of the same fund,
          when available;
      ▪   prime brokerage fee on trades executed through a third-party broker (primarily bond transactions).

  Other administrative fees such as wire fees and margin interest expenses are non-investment related and are usually
  incurred while executing a client request. Summa will keep these expenses to a minimum by letting the client know
  when a request has a custodian-related processing fee and advising them on any alternatives that may be less expensive.

  These additional fees are not received by or paid to Summa, but to the custodian, and are deducted directly from the
  client account in which the transaction occurs. We do not have any employees who receive, directly or indirectly, any

                                                   Summa Global | wealth redefined
                          12901 SE 97th Ave, Ste 390, Clackamas, OR 97015 | 503.636.2022 | summaglobal.com

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    compensation from the transaction of securities or investments that are purchased or sold in your account. For more
    information and details about brokerage practices, refer to Item 12.

 Termination of Service
    Summa bills quarterly and in advance. Upon termination, a refund will be issued to the client for any unearned fees. The
    refund will be calculated on a pro-rata basis. If terminated within 5 business days of the signing of the contract, or the
    beginning of a quarter, no fees will be charged.

ITEM 7: TYPES OF CLIENTS
    Summa’s clients are primarily individuals and families. We also advise several family trusts and charitable foundations.

    Minimum account size is $500,000, but we reserve the right to waive the minimum.