TFP Management LLC

Item 5 – Fees and Compensation
INVESTMENT MANAGEMENT, USE OF SUB-ADVISER SERVICES, AND RETIREMENT PLAN CONSULTING
We charge an annual fee based on the percentage of assets under management as reported by
the custodian. Our annual management fee is based on the following fee schedule:
                           Account Value                 Annual Management Fee
                           $0 – $500,000                         1.15%
                        $500,001 - $1,000,000                    0.85%
                          Above $1,000,000                       0.60%
The fee will be calculated and collected quarterly, in arrears based on the average daily market
value of the assets held in the account over the calendar quarter. The fee may be negotiable.
Cash balances and investments in money market funds are counted toward the account value
and are included in the management fee calculations.
Unless otherwise stated in your investment management agreement, when the services of a sub-
adviser are used, our management fee will include the sub-adviser’s management. The sub-
adviser’s fee will be acknowledged and disclosed to you in the investment management
agreement and their Form ADV Part 2A.
You will be asked to authorize us or the sub-adviser with the ability to instruct the custodian to
directly deduct our management fee and the sub-adviser’s fee from your account.
Financial consulting fees are included in the investment management service fees above.
However, on occasion we may offer this as a separate service where we charge a fixed fee that
ranges from $100 to $3,000. The agreed upon fee will be due upon completion of the
engagement.
Additionally, you may incur certain charges imposed by custodians, brokers, and other third
parties such as fee charged by ticket charges, managers, custodian fees, deferred sales charges,
odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and
taxes on brokerage accounts and securities transactions. Mutual funds and exchange traded
funds also charge internal management fee, which are disclosed in a fund’s prospectus. Such
charges, fees and commissions are exclusive of, and in addition to, our fee and we will not receive

TFP Management, LLC                             Page 5                      ADV Part 2A – 3/23/2026

any portion of these commissions, fees, and costs. For more information about our brokerage
practice please see Item 12.A.
TERMINATION OF SERVICES
You may terminate any service for any reason within the first five (5) business days after signing
an advisory contract, without any cost of penalty. Thereafter, the advisory contract may be
terminated at any time by giving ten (10) days’ written notice. To cancel the agreement, you
must notify us in writing at TFP Management, LLC, 3475 Utica Ridge Rd., Bettendorf, IA 52722.
OTHER SECURITIES COMPENSATION
We have no other securities compensation to report.
RETIREMENT ROLLOVER CONFLICTS OF INTEREST
When we recommend you rollover a retirement account for us to manage, this creates a financial
incentive because we charge a fee for our services. We attempt to mitigate the conflict of interest
by acting in your best interest and applying an impartial conduct standard to all rollovers. Please
note that you are not under any obligation to roll over a retirement account to an account
managed by us.

Item 7 – Types of Clients
We offer our services to individuals, high net worth individuals, and corporations and other
business entities (i.e., Simple IRAs). We do not require a minimum account size.