Ted Buchan & Company LLC

Item 5 Fees and Compensation

Portfolio Management Services

Our fee for portfolio management services is based on a percentage of the assets in your account and
is set forth in the following annual fee schedule:

                                            Annual Fee Schedule

  Asset Under Management                                                Annual Fee
  $0 - $120,000                                                         $1,500 Flat Fee
  $120,001 - $499,999                                                   1.25%
  $500,000 - $999,999                                                   1.10%
  $1,000,000 - $1,999,999                                               1.00%
  $2,000,000 - $3,499,999                                               0.80%
  $3,500,000 - $4,999,999                                               0.65%
  $5,000,000 - $7,499,999                                               0.50%
  $7,500,000 - $14,999,999                                              0.40%
  $15,000,000 - $29,999,999                                             0.35%
  $30,000,000 - $49,999,999                                             0.30%
  $50,000,000+                                                          Negotiable

Held Away (External Accounts)                                                     0.75%

* Unless otherwise agreed upon, accounts not held with Adviser's Custodian ("Held Away") and not already
aggregated into the total client billed portfolio AUM (e.g., 401ks, deferred compensation, 403b) will be assessed a
separate annual management fee of 0.75%.

Our annual portfolio management fee is billed and payable, quarterly in advance, based on the
balance at end of billing period.

If the portfolio management agreement is executed at any time other than the first day of a calendar
quarter, our fees will apply on a pro rata basis, which means that the advisory fee is payable in
proportion to the number of days in the quarter for which you are a client.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts. Combining
account values may increase the asset total, which may result in your paying a reduced advisory fee
based on the available breakpoints in our fee schedule stated above.

We will send you an invoice for the payment of our advisory fee, or we will deduct our fee directly from
your account through the qualified custodian holding your funds and securities. We will deduct our
advisory fee only when you have given our firm written authorization permitting the fees to be paid
directly from your account. Further, the qualified custodian will deliver an account statement to you at
least quarterly. These account statements will show all disbursements from your account. You should
review all statements for accuracy.

We encourage you to reconcile our invoices with the statement(s) you receive from the qualified
custodian. If you find any inconsistent information between our invoice and the statement(s) you
receive from the qualified custodian call our main office number located on the cover page of this
brochure.

You may terminate the portfolio management agreement upon Written notice. You will incur a pro rata
charge for services rendered prior to the termination of the portfolio management agreement, which
means you will incur advisory fees only in proportion to the number of days in the quarter for which you
are a client. If you have pre-paid advisory fees that we have not yet earned, you will receive a prorated
refund of those fees.

Financial Planning Services
Adviser's fees are based on a fixed rate up to $5000,00 and payable in advance of services rendered.
The fee is negotiable and depends upon the scope of the plan, your financial situation, and your
objectives. We do not require you to pay fees six or more months in advance. Should the engagement
last longer than six months between acceptance of financial planning agreement and delivery of the
financial plan, any prepaid unearned fees will be promptly returned to you less a pro rata charge for
bona fide financial planning services rendered to date.

We will not require prepayment of a fee more than six months in advance and in excess of $1,200.

Fees are due at the inception of the advisory relationship.

You may terminate the financial planning agreement upon Written notice to our firm. If you have pre-
paid financial planning fees that we have not yet earned, you will receive a prorated refund of those
fees. If financial planning fees are payable in arrears, you will be responsible for a prorated fee based
on services performed prior to termination of the financial planning agreement.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory

services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. You will also incur transaction charges and/or
brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by
the broker-dealer or custodian through whom your account transactions are executed. We do not
share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or
custodian. To fully understand the total cost you will incur, you should review all the fees charged by
mutual funds, exchange traded funds, our firm, and others. For information on our brokerage practices,
refer to the Brokerage Practices section of this brochure.

Item 7 Types of Clients
We offer investment advisory services to individuals (other than high net worth individuals) and high
net worth individuals.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size which, in our sole
opinion, is too small to manage effectively.

We charge a minimum fee in the amount of $1,500 to open and maintain an advisory account. At our
discretion we may waive the minimum fee.

We may also combine account values for you and your minor children, joint accounts with your
spouse, and other types of related accounts to meet the stated minimum.