Summitpoint Capital Management

ITEM 5 - FEES AND COMPENSATION
In addition to the information provided in Item 4 – Advisory Business, this section details our Firm’s services and
each service’s fees and compensation arrangement. The Client and SPCM’s Investment Advisory Agreement will
outline and agree upon the exact costs and other terms related to the Client’s Accounts.

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INVESTMENT MANAGEMENT FEE

Our Firm provides investment management services for an annual fee based on a blended tiered fee schedule.
Under this structure, the applicable fee rate is applied incrementally to portions of a client’s portfolio, rather than
as a flat rate applied to the entire account value. This means clients benefit from lower fee rates as their assets
under management (AUM) increase.
Our current blended fee schedule is as follows:
                       Assets Under Management (AUM)                 Annual Fee Rate
                               First $1,000,000                         1.00%
                               Next $1,000,000                          0.80%
                               Next $1,000,000                          0.70%
                              Above $3,000,001                        Negotiable

Our annual fee is reasonable in relation to (1) the services provided and (2) the fees charged by other investment
advisers offering similar services/programs.
Our annual fee is prorated and charged quarterly in advance based on the market value of the Client’s assets
under management as of the close of business on the last business day of the previous quarter. Cash and cash
equivalents, including money market funds, are subject to the agreed-upon advisory fee. Clients should
understand that the advisory fees charged on these balances may exceed the returns provided by cash, cash
equivalents, or money market funds, especially in low-interest rate environments.
Our annual investment advisory fee may be higher than that of other investment advisers that offer similar
services and programs. In addition to our compensation, you may incur charges imposed at the mutual fund
level (e.g., advisory fees and other fund expenses).
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the days the
Client account was open during that quarter. Any prepaid, unearned fees will be refunded upon termination of
any account.

LEGACY MANAGEMENT FEE

Managed legacy positions are included within our Firm’s standard investment management fee and are outlined
in the executed investment management agreement.

FINANCIAL PLANNING FEE

There is a range in the amount of the fixed fee charged by our Firm for financial planning services. The minimum
fee is $3,000 and the maximum fixed fee is $10,000.
Fees charged for our financial planning services are negotiable based upon the type of Client, the services
requested, the investment adviser representative providing advice, the complexity of the Client's situation, the
composition of the Client's account, other advisory services provided, and the relationship of the Client and the
investment adviser representative.
The amount of the fee for your engagement is specified in your financial planning agreement with us. At our
sole discretion, the Client may be required to pay the fee at the time the agreement is executed with our Firm;
however, our Firm does not require or solicit prepayment of more than $1,200 in fees per Client, six months or
more in advance. The fee is considered earned upon delivery of the financial plan, and any unpaid amount is
immediately due.

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The Client may pay the fees owed for the financial planning services by submitting payment directly via Check.
If the Client elects to pay by automatic deduction from an existing investment account, they will provide written
authorization to our Firm for such a charge.
If the Client terminates the financial planning services after entering into an agreement with our Firm, the Client
will be invoiced and responsible for immediate payment of any hourly financial planning services performed by
us before receiving notice of termination. For financial planning services, our Firm performs under a fixed fee
arrangement, the Client will be responsible for paying a pro-rated fixed fee equivalent to the percentage of work
that our Firm completed. If there is a remaining balance of any fees paid in advance after deducting fees from
the final invoice, those remaining proceeds will be refunded to the Client.

RETIREMENT PLAN SERVICE FEE

For Retirement Plan Advisory Services compensation, we charge an advisory fee as negotiated with the Plan
Sponsor and as disclosed in the Employer-Sponsored Retirement Plans Consulting Agreement (“Plan Sponsor
Agreement”).
Typically, the billing period for these fees is paid quarterly. This fee is negotiable, but the terms and the advisory
fee are agreed upon in advance and acknowledged by the Plan Sponsor Agreement or Plan Provider’s account
agreement. Fee billing methods vary depending on the Plan Provider.
Our Firm or the Plan Sponsor may terminate the Agreement upon 30 days written notice to the other party. The
Plan Sponsor is responsible for paying for the services rendered until the termination of the Agreement.

SEMINARS & WORKSHOPS FEE

Our Firm does not charge a separate fee for attending one of our seminars. Seminar attendance fees may be
waived at the discretion of our Firm. If the attendee cancels before attending the seminar, fees paid in advance
will be fully refunded.

ADDITIONAL FEES & EXPENSES

In addition to the advisory fees paid to our Firm, Clients also incur certain charges imposed by other third parties,
such as broker-dealers, Custodians, trust companies, banks, and other financial institutions. These additional
charges include securities, transaction fees, custodial fees, fees charged by the SMA, ITPM, and Manager
...

ITEM 7 - TYPES OF CLIENTS
Our Firm provides investment management, financial planning, consulting and advisement to individuals, high-
net-worth individuals, families, estates, trusts, partnerships, retirement plans, corporations, charitable
foundations, investment companies, broker-dealer clients, and pension plans.
Our firm requires a minimum account value of $500,000 for advisory services. Clients have the option to
aggregate all household accounts to meet this minimum. Exceptions to the minimum account requirement may
be granted based on the Client's relationship with their representative.
For fee calculation purposes, unless instructed otherwise, we will automatically aggregate related client
accounts, a practice commonly known as "householding" portfolios. Householding may result in lower fees than
if each account were billed separately, as the combined value is used to determine the account size and the
corresponding annualized fee.
Our approach to householding considers the overall family dynamic and relationship. Additionally, if applicable,
and as noted in Appendix B of the Investment Management Agreement, legacy positions may be excluded from
the fee calculation.
Clients must execute a written agreement with our Firm specifying the advisory services to establish a Client
arrangement with us.

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