Sunburst Financial Group LLC

Item 5. Fees and Compensation

    Sunburst Financial Group offers services on a fee basis, which may include fixed fees and/or hourly
    fees, as well as fees based upon assets under management. Additionally, certain of the Firm’s
    Supervised Persons, in their individual capacities, may offer insurance products under a separate
    commission-based arrangement.

Disclosure Brochure                                                             Sunburst Financial Group, LLC

    Financial Planning and Consulting Fees

    Sunburst Financial Group generally charges fixed fees for providing the initial financial planning
    services. These fees are negotiable, but generally range from $250 to $10,000 on a fixed fee basis
    and/or from $100 to $300 on an hourly basis, depending upon the scope and complexity of the
    services and the professional rendering the financial planning and/or the consulting services.

    The terms and conditions of the financial planning and/or consulting engagement are set forth in the
    Advisory Agreement and Sunburst Financial Group generally charges all Financial Planning fees in
    arrears upon delivery of the financial plan or completion of the agreed upon services.

    Investment Management Fees

    Sunburst Financial Group offers investment management services for an annual fee based on the
    amount of assets under the Firm’s management. This management fee generally varies in
    accordance with the following fee schedule:

                              PORTFOLIO VALUE                     BASE FEE
                                  Up to $99,999.99                  1.00%
                                $100,000 - $999,999.99              0.85%
                             $1,000,000 - $2,499,999.99            0.75%
                             $2,500,000 - $4,999,999.99             0.65%
                             $5,000,000 - $9,999,999.99             0.55%
                            $10,000,000 - $19,999,999.99            0.45%
                            $20,000,000 - $49,999,999.99            0.35%
                                 $50,000,000 and Up               Negotiable

    The annual fee is prorated and charged quarterly, in arrears, based upon the market value of the assets
    being managed by Sunburst Financial Group on the last day of the previous billing period. The Firm
    will charge the fee in advance for certain clients that were billed as such in the past. If assets are
    deposited into or withdrawn from an account after the inception of a billing period, the fee payable
    with respect to such assets is not adjusted to reflect the interim change in portfolio value. For the
    initial period of an engagement, the fee is calculated on a pro rata basis. In the event the advisory
    agreement is terminated, the fee for the final billing period is prorated through the effective date of
    the termination and the outstanding or unearned portion of the fee is charged or refunded to the
    client, as appropriate. Unless otherwise agreed to in writing, our advisory fees shall be assessed on
    cash and cash equivalents.

    Additionally, for asset management services the Firm provides with respect to certain client holdings
    (e.g., held-away assets, accommodation accounts, alternative investments, etc.), Sunburst Financial
    Group may negotiate a fee rate that differs from the range set forth above.

Disclosure Brochure                                                                  Sunburst Financial Group, LLC

    Retirement Plan Consulting Fees
    Sunburst Financial Group generally charges as fixed project-based fee to provide clients with
    retirement plan consulting services. Each engagement is individually negotiated and tailored to
    accommodate the needs of the individual plan sponsor, as memorialized in the Agreement. These
    fees vary, based on the scope of the services to be rendered, and may range up to 1.00% of the plan’s
    assets per annum depending upon the complexity of the engagement and the amount of assets to be
    managed.

    Fee Discretion

    Sunburst Financial Group may, in its sole discretion, negotiate to charge a lesser fee based upon
    certain criteria, such as anticipated future earning capacity, anticipated future additional assets,
    dollar amount of assets to be managed, related accounts, account composition, pre-existing/legacy
    client relationship, account retention and pro bono activities.

    Additional Fees and Expenses

    Clients will incur transaction fees for trades executed by their chosen custodian via individual transaction
    charges. These transaction fees are separate from our firm’s advisory fees and will be disclosed by the
    chosen custodian. Charles Schwab & Co., Inc. (“Schwab”) does not charge transaction fees for U.S. listed
    equities and exchange traded funds.

    Clients may also pay holdings charges imposed by the chosen custodian for certain investments, charges
    imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be disclosed in the
    fund’s prospectus (i.e., fund management fees, initial or deferred sales charges, mutual fund sales loads,
    12b-1 fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, and other
    fund expenses), mark-ups and mark-downs, spreads paid to market makers, fees for trades executed away
    from custodian, wire transfer fees and other fees and taxes on brokerage accounts and securities
    transactions. Our firm does not receive a portion of these fees.

    Our firm generally pays the fees for the sub-advisory services that we utilize in client portfolios. However,
    it should be noted that sub-advisors may recommend the use of their own proprietary funds in the
    portfolios they help us construct. This creates a conflict of interest where they receive greater
...

Item 7. Types of Clients

    Sunburst Financial Group offers services to individuals, pension and profit-sharing plans, trusts,
    estates, charitable organizations, corporations and business entities.

    Sunburst Financial Group does not impose any formal requirements for initiation of an advisory client
    relationship.

Disclosure Brochure                                                               Sunburst Financial Group, LLC