Tar River Wealth Planning LLC

Item 5: Fees and Compensation

AUM-Based Fee
Advisory fees based on a percentage of AUM are payable quarterly in advance or in arrears based
on the value of the account as of the last trading day of the prior calendar quarter. Fees will be
directly debited from the account in accordance with the client authorization in the Investment
Management Agreement. Tar River’s management fee ranges up to 1.35%. There is no required
account minimum.

Separate account managers or intermediaries may also be used to manage a portion of the
client’s assets. The separate account manager fee will be disclosed to the client and is in addition
to the Tar River management fee.

Billing Method
Fees are billed quarterly in advance or in arrears at the beginning of the calendar quarter based
on the valuation of the client account in accordance with the terms of Tar River's investment
management agreement.

Fees for accounts opened or closed during a billing cycle will be prorated based on the number
of days the account was open during the quarter.

Financial Planning and Consulting Fees
The Adviser generally charges a flat fee for financial planning and consulting components, which
is negotiated at the time of the engagement for such services and is normally based on the scope
of the engagement.

Retirement Plan Consulting Fees
In connection with its retirement plan consulting services, the Adviser charges annual asset-based
fees in accordance with the annual fees described above. Negotiated fees are generally based
on the value of the plan’s assets and the complexity of the plan. Fees are normally debited directly
from client account(s), unless other arrangements are made. Fees charged for retirement plan
consulting services may be charged in advance or arrears. Specific information regarding fee
billing will be set forth in the investment advisory agreement between the client and the Adviser.

Services to Retirement and Pension Plan Participants Fees
When the Adviser provides investment advice to plan participants as a non-discretionary fiduciary,
these fees are negotiated with each plan participant at the time of the engagement for such
services and are normally based on the scope of the engagement.

Sub-Advisory Services
The fee schedules for clients participating in sub-advisory arrangements are negotiated between
the client and Intermediary.

In some arrangements, the Sub-Advisor’s Management Fee is paid directly by the client pursuant
to a separate advisory agreement executed between Sub-Advisor and the Intermediary’s client.
In other arrangements, the Sub-Advisor’s Management Fee is paid directly by the Intermediary.
Tar River may participate in both types of arrangements and may be paid directly by the
Intermediary’s client or may receive a portion of the Intermediary’s Management Fee.

Other Fees and Expenses
Tar River's fees do not include brokerage commissions or other fees or charges associated with
securities transactions implemented with or through a brokerage firm, mark-ups or mark-downs
in principal transactions, deferred sales charges, stock exchange fees, wire transfer or related
processing fees, transfer taxes or other charges mandated by law or regulation all of which will
be charged in addition to our fee. Clients may incur certain additional charges imposed by
custodians, brokers, third-party investment managers and other such fees, including charges
relating to the filing of certain tax forms, if required. Tar River does not receive any portion of any
of the foregoing expenses or fees. The fees charged by the custodian at which the client’s assets
are held may be higher than the fees imposed by other custodians. Please refer to Item 12,
Brokerage Practices below for more information regarding Tar River’s brokerage practices.

Item 7: Types of Clients

Tar River provides investment advisory services to individuals, institutions, businesses, high-net-
worth individuals, retirement plans, charitable organizations, and corporations.

We have no requirement for minimum investable assets, which is discussed above in Item 5.