TBH Global Asset Management LLC

Item 5 Fees and Compensation

FEES FOR INVESTMENT MANAGEMENT SERVICES

Management fees are ongoing and based on the amount of assets we manage for the client.
The management fee is calculated by TBH Advisors and provided to the custodian for direct
debiting of the client’s account, where the client has given written permission. In very limited
circumstances, TBH Advisors will directly invoice the client for the fee.

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Fees are paid each quarter in advance based on the value of the portfolio on the last business
day of the prior quarter. Partial periods will be pro-rated based on the value of the portfolio at
the beginning of the period.

When opening a new account, the management fee for the initial quarter is based on the value
of the cash and securities in the portfolio on the date the Custodian receives them. The fee is pro-
rated based upon the number of calendar days in the calendar quarter from the time TBH Advisors
has accepted the client’s account.

While our standard practice is to bill advisory fees quarterly in advance based on the value of
assets under management, certain clients or programs may have fee calculation methodologies
that differ based on the specific agreement with the client or the investment manager servicing
the account. In such cases, the applicable fee methodology, including timing, valuation, and
treatment of contributions and withdrawals, will be outlined in the client’s advisory agreement.
Regardless of methodology, all fees are calculated based on the value of assets as reported by
the qualified custodian and are subject to client review.

For purposes of the management fee calculation, “value of the portfolio” means the sum of the
fair market value of all of the holdings in the portfolio as reported to us by your qualified custodian.
Equity securities listed or traded on a national securities exchange or quoted on the over-the-
counter market are valued at the last sales price on the day of valuation or, if no sale price is
reported, at the last bid price as reported by the client’s qualified custodian.

Other assets and securities for which market quotations are not readily available are valued at
the qualified custodian or sponsor company pricing. If these are not available, then the valuation
shall reflect TBH Advisors’ best assertion of value obtained from various sources including
consideration of the initial purchase price (and/or a value as of a previous date), or the current
value(s) (either the initial purchase price and/or the most recent valuation provided by the fund
sponsor). If the valuation reflects initial purchase price (and/or a value as of a previous date), the
current value(s) (to the extent ascertainable) could be significantly more or less than original
purchase price. Privately offered securities will generally be valued at cost, as described in Item 4
of this ADV Part 2A Disclosure.

Our fee schedule is described below:

                           Assets Under Management                    Advisory
                                                                        Fee
                 First   $ 250,000                                        1.50%
                 Next    $ 750,000 (up to $1,000,000)                     1.40%
                 Next    $2,000,000 (up to $3,000,000)                    1.30%
                 Next    $2,000,000 (up to $5,000,000)                    1.20%
                 Next    $5,000,000 (up to $10,000,000)                   1.00%
                 Above     $10,000,000                                    0.90%

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All fees are negotiable at our sole discretion. We may group some client accounts together to
meet minimum thresholds. In addition, we have grand-fathered some client’s fees that were
established accounts prior to changes, acquisitions and mergers. Finally, for certain family and
friends, at our sole discretion, we may waive fees in part or in entirety.

Our billing system calculates accrued interest and TBH Advisors bills on accrued interest. (The
qualified custodian’s statements may not show the adjusted interest payment.) Our billing
software will calculate and automatically adjust for flows into or out of the account during the
billing cycle.

Costs Associated with JP Morgan and 55ip
Clients are not charged an additional fee for utilizing the model portfolios. Clients should be aware
that TBH charges advisory fees separately from any fund expenses associated with JP Morgan
products or 55ip’s platform. JPMIM receives fund management fees for its investment products.
Clients can indirectly pay for these fees through their holdings. TBH Advisors may incur additional
fees when using 55ip's tax optimization strategies, which are either included in the client’s advisory
fee or billed separately depending on the agreement with the client. Clients should refer to
JPMIM’s separate disclosure documents to understand any fees they will incur outside of the
investment advisory fee.

FEES FOR FINANCIAL PLANNING

We offer our financial planning services for either an hourly, fixed fee, or as a percent of gross
income. Fees based on a percentage of income are not tied directly to assets under
management and may be higher than fees charged by other advisers for similar services.

Percentage of Income
Fees assessed as a percent of income are billed semi-annually, with the first installment payable
when the advisory agreement is executed. Billing will continue until the agreement is terminated.

Percent of Income - Maximum 1%

Fixed Fees
Fixed fees are separately negotiated with each client and agreed to in the written Agreement
signed by the client. The fees are based upon the size of the account and complexity of assets,
number of areas analyzed, depth of analysis required, or other unique reasons agreed upon by
clients and TBH Advisors. An estimate of the time involved will be provided before signing the
advisory agreement. All fees are negotiable at our sole discretion.
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Item 7 – Types of Clients
TBH Advisors provides advisory services primarily to individuals, high net worth individuals, including
their trusts, estates and retirement accounts. We also provide services to corporations or business
entities including their pension and profit-sharing plans.

TBH Advisors currently has no stated minimum account size and no minimum fee requirements.