The Advisory Resource Group LLC

ITEM 5 - FEES AND COMPENSATION
Investment Management Fees and Compensation
Our Firm charges a fee as compensation for providing investment management services
on your account. These services include advisory services, trade entry, investment
supervision, and other account-maintenance activities. Our custodian may charge
custodial fees, redemption fees, retirement plan and administrative fees or commissions.
See Additional Fees and Expenses below for additional details.

                                The Advisory Resource Group, LLC
                                     FORM ADV 2A Brochure

The fees for investment management are based on an annual percentage of assets under
management and are applied to the household asset value on a pro-rata basis and billed
monthly in advance. The initial fee will be based upon the account market value on the
date the account is accepted for management by execution of the advisory agreement by
ARG and when the assets are transferred into the account through the last day of the
current month. Thereafter, the monthly fee will be calculated on the market value on the
last business day of the prior month. The market value will be determined on a trade date
basis. Fees are assessed on all assets under management, including securities, cash and
money market balances.

Our maximum investment advisory fee is 1.75% or we may negotiate a lower advisory fee.
The specific advisory fees are set forth in your Investment Advisory Agreement. Fees may
vary based on the size of the account, complexity of the portfolio, extent of activity in the
account or other reasons agreed upon by us and you as the client. In certain circumstances,
our fees and the timing of the fee payments may be negotiated.

Unless otherwise instructed by the Client, we will aggregate related client accounts for the
purposes of determining the account size and annualized fee. The common practice is
often referred to as “house-holding” portfolios for fee purposes and may result in lower
fees than if fees were calculated on portfolios separately. Our method of house-holding
accounts for fee purposes looks at the overall family dynamic and relationship. With the
permission of our client, we often will include multi-generational factors such as the
account values of adult children and grandchildren as part of the family dynamic pricing.
When applicable and noted in Appendix A of the Investment Management Agreement,
legacy positions will also be excluded from the fee calculation.

The independent qualified custodian holding your funds and securities will debit your
account directly for the advisory fee and pay that fee to us. You will provide written
authorization permitting the fees to be paid directly from your account held by the
qualified custodian. Further, the qualified custodian agrees to deliver an account
statement to you on a monthly basis indicating all the amounts deducted from the account
including our advisory fees.

Either ARG or you may terminate the management agreement immediately upon written
notice to the other party. The management fee will be pro-rated to the date of
termination, for the month in which the cancellation notice was given and the unearned
fee refunded to your account. Upon termination, you are responsible for monitoring the
securities in your account, and we will have no further obligation to act or advise with
respect to those assets. In the event of client’s death or disability, ARG will continue
management of the account until we are notified of client’s death or disability and given
alternative instructions by an authorized party.

                                The Advisory Resource Group, LLC
                                     FORM ADV 2A Brochure

ARG may include mutual funds and exchange traded funds, (“ETFs”) in our investment
strategies. ARG policy is to purchase institutional share classes of those mutual funds
selected for the client’s portfolio. The institutional share class generally has the lowest
expense ratio. The expense ratio is the annual fee that all mutual funds or ETFs charge their
shareholders. It expresses the percentage of assets deducted each fiscal year for funds
expenses, including 12b-1 fees, management fees, administrative fees, operating costs,
and all other asset-based costs incurred by the fund. Some fund families offer different
classes of the same fund and one share class may have a lower expense ratio than another
share class. These expenses come from client assets which could impact the client’s
account performance. Mutual fund expense ratios are in addition to our fee, and we do
not receive any portion of these charges. If an institutional share class is not available for
the mutual fund selected, the adviser will purchase the least expensive share class available
for the mutual fund. As share classes with lower expense ratios become available, ARG may
use them in the client’s portfolio, and/or convert the existing mutual fund position to the
lower cost share class. Clients who transfer mutual funds into their accounts with ARG
would bear the expense of any contingent or deferred sales loads incurred upon selling the
product. If a mutual fund has a frequent trading policy, the policy can limit a client’s
transactions in shares of the fund (e.g., for rebalancing, liquidations, deposits or tax
harvesting). All mutual fund expenses and fees are disclosed in the respective mutual fund
prospectus.
Non-Transaction Fee (NTF) Mutual Funds
When selecting investments for our clients’ portfolios we might choose mutual funds on
your account custodian’s Non-Transaction Fee (NTF) list. This means that your account
custodian will not charge a transaction fee or commission associated with the purchase or
sale of the mutual fund.

The mutual fund companies that choose to participate in your custodian’s NTF fund
program pay a fee to be included in the NTF program. The fee that a mutual fund company
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ITEM 7 - TYPES OF CLIENTS
We provide investment advice to individuals, high net worth individuals, employee
sponsored retirement plans, and trusts. Our minimum initial household value for opening
accounts is $200,000; however, we may accept accounts for less than the minimum.