T Anton Investment House Inc

Item 5.: Fees and Compensation — How our firm is compensated

5.A. A description of the range of fees.
Are our fees negotiable?
         Investment management service fees are negotiable at the adviser’s sole discretion, based on
         facts such as prior relationship or expected future additions to an account.

Financial Plans
T. Anton Investment House, Inc. charges no fee for its basic financial plan.

Investment Advisory and Management Services
T. Anton Investment House, Inc. charges a fee for continuous advice as a percentage of the assets
under management. Management fees are the same using our proprietary models. The fee schedule is:

                  1.00% on the first $1,000,000 under management
                  0.80% on the next $1 million
                  0.60% on amounts over $2 million.

5.B. Disclosure: Our firm bills its clients for the incurred advisory fees by:
         Obtaining each client’s signed permission to deduct the advisory fees from the client’s account
         held by the custodian.

         The firm bills quarterly. T. Anton Investment House, Inc. uses “direct billing” that requires us to
         obtain a client’s written permission to deduct our fees directly from the client’s account held by
         the custodian.

5.C. Disclosure: Other types of fees or expenses clients may pay in connection with the advisory services.
Clients should be aware that opening an investment account carries with it costs beyond the advisory
fee(s) T. Anton Investment House, Inc. charges. When placing a transaction order to buy or sell securities,
advisory clients may have to pay any or all of the following charges in addition to the advisory fees
charged by this firm.

     •   transfer fees
     •   administrative and management fees for investments in mutual funds and exchange-traded
         funds
     •   custodian fees
     •   ticket charges
     •   12b-1 fees may be charged on mutual fund assets transferred into the management of T.
         Anton Investment House, Inc.. When such instances occur, we strive to transfer or exchange
         the assets for a mutual fund or share class that does not charge such fees. T. Anton
         Investment House, Inc. does not receive 12b-1 fees.

All stock transactions will be charged the normal miscellaneous costs of postage, transfer and any SEC
fees as charged by Charles Schwab & Co. (our clearing firm). Clients will pay the commission charges for
all stock and bond transactions. Changing to a proprietary model or rebalancing a portfolio may create
trading costs. Care is taken to reduce the cost wherever possible.

We direct clients to this brochure’s Item 12 for further discussion of brokerage costs.

5.D. Disclosure: Do clients pay fees in advance? How may a client obtain a refund of a pre-paid fee if the
contract is terminated prior to a billed period’s end? How will the amount of the refund be determined?

T. Anton Investment House, Inc. calculates the fees quarterly in arrears, using the market value of the
portfolio assets on the last business day of the preceding quarter. T. Anton Investment House, Inc. retains
the right to change the rates after 90 days’ advance notice in writing.

Our fee is charged quarterly, in arrears and is based on the market value of the assets in the account on
the date of the close of the previous quarter. Due to the fee being charged in arrears, there are no
refunds for advisory fees. However, if you withdraw your assets prior to the quarter end, you will be billed
for a pro-rated fee based upon the number of days in the quarter during which the assets were under our
management. Similarly, if an account is opened during the billing quarter, you will be billed for a pro-rated
fee based upon the number of days in the quarter during which the assets were under our management.

5.E. Disclosure: Neither the firm nor any of its supervised persons accepts compensation for the sale of
securities or other investment products, including asset-based sales charges or service fees from the sale
of mutual funds.

5.F. Other disclosures for this section: Our firm does primarily recommend mutual funds to our clients.
Those recommendations do include “no-load” funds, which impose no commission or sales charge
(“load”) on the shareholder and are purchased directly from the custodian, rather than through a
broker. T. Anton Investment House, Inc. will also accept an existing portfolio as is, including a mix of
individual stocks and bonds; the firm’s representatives are fully licensed to handle these portfolio
components.

Item 7.: Types of Clients

    Typically, our clients include high net worth and other individuals, and corporations and other
    businesses. We are prepared to provide services to pension and profit-sharing plans, charitable
    organizations, estates, and trusts as well. T. Anton Investment House, Inc. typically requires a

    $800,000 account minimum. However, we do consider accepting smaller accounts on a case-by-case
    basis.