The Capital Advisory Group Advisory Services LLC

Fees and Compensation - Item 5

 Portfolio Management Services Fees
 Our fee for portfolio management services is based on a percentage of your assets we manage and is
 set forth in the following fee schedule:

          Assets Under Management                          Annual Fee
          $0 - $100,000                                    2.00%
          $100,000 - $500,000                              1.50%
          $500,001 - $1,000,000                            1.25%
          $1,000,001 - $5,000,000                          1.00%
          Over $5,000,000                                  0.75%

 Our annual portfolio management fee is billed and payable in advance or in arrears on a monthly or
 quarterly basis. Fees that are payable in advance are based on the value of your account on the first
 day of the billing period. Fees that are payable in arrears are based on the total value of your account
 on the last day of the billing period. If the portfolio management agreement is executed at any time
 other than the first day of a calendar pay period, 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 month or quarter for which
 you are a client. Where a monthly billing arrangement is selected, fees will be calculated based on the
 following formula: Annual Fee divided by 12 will equal monthly fee. Where a quarterly billing
 arrangement is selected, fees will be calculated based on the following formula: Annual Fee divided by
 4 will equal quarterly fee. Our advisory fee is negotiable, depending on individual client circumstances.

 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. 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 will also receive
 a duplicate copy of your account statements. We encourage you to reconcile our invoices with the
 statement(s) you receive from the qualified custodian. If you find any inconsistent information

The Capital Advisory Group Advisory Services, LLC
Form ADV Part 2A

 between our invoice and the statement(s) you receive from the qualified custodian, please call our
 main office number located on the cover page of this brochure.

 You may terminate the portfolio management agreement upon written notice to our firm. 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.

 Financial Planning Fees
 We utilize the following financial planning fee schedules, which are subject to negotiation. Dependent
 upon the nature, complexity and time involved in providing the client with the requested services our
 fees are as follows:

          Fixed Fees: Capital Advisory Group will charge a fixed fee that ranges between $500.00 and
          $25,000.00, for broad based planning services. In limited circumstances, the total cost could
          potentially exceed $25,000.00. In such cases, Capital Advisory Group will notify the client and
          may request that the client pay an additional fee.

          Hourly Fees: Capital Advisory Group charges an hourly fee of up to $350.00 for clients who
          request specific services such as a modular plan or hourly consulting.

 When the scope of the financial planning services has been agreed upon, a determination will be made
 as to the applicable fee. The final fee shall be directly dependent upon the facts and circumstances of
 the client’s financial situation and the complexity of the financial plan or service requested. An estimate
 of the total cost will be determined at the start of the advisory relationship. Fees are payable as
 invoiced.

 You may terminate the financial planning agreement by providing written notice to our firm. You will
 incur a pro rata charge for services rendered prior to the termination of the agreement.

 Pension Consulting Services Fees
 Pension consulting fees, and fee-paying arrangements, are negotiated on a case-by-case basis
 dependent on the scope of the contracted services, and shall be clearly set forth in the advisory service
 agreement. Generally, the fee for pension consulting services is based upon the following negotiable
 annualized fee schedule:

          Assets Under Management                           Annual Fee*
          $0 - $500,000                                     1.25%
          $500,001 - $1,000,000                             1.00%
          $1,000,001 - $5,000,000                           0.50%
          Over $5,000,000                                   0.25%

 The pension consulting fee is billed and payable in advance or in arrears on a monthly or quarterly
 basis. Fees that are payable in advance are based on the value of your account on the first day of the
 billing period. Fees that are payable in arrears are based on the total value of your account on the last
 day of the billing period. If the pension consulting agreement is executed at any time other than the
 first day of a calendar pay period, our fees will apply on a pro rata basis, which means that the advisory

The Capital Advisory Group Advisory Services, LLC
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Types of Clients - Item 7

 We offer investment advisory services to individuals, pension and profit-sharing plans and participants,
 trusts, estates, charitable organizations, corporations, and other business entities.

The Capital Advisory Group Advisory Services, LLC
Form ADV Part 2A

 In general, we require a minimum of $100,000 to open and maintain an advisory account. At our
 discretion, we may waive this requirement if, for example, the client appears to have significant
 potential for increasing assets under management, it is a family or related account, if the smaller
 account is tied to a larger client relationship or the account was referred to us by an existing client.

                   Methods of Analysis, Investment Strategies and Risk of Loss - Item 8

 Our Methods of Analysis and Investment Strategies
 The following are different methods of analysis that we may use when providing you with investment
 advice:

      •   Charting Analysis – involves the gathering and processing of price and volume information for
          a particular security. This price and volume information is analyzed using mathematical
          equations. The resulting data is then applied to graphing charts, which is used to predict future
          price movements based on price patterns and trends.
      •   Fundamental Analysis – involves analyzing individual companies and their industry groups,
          such as a company’s financial statements, details regarding the company’s product line, the
          experience and expertise of the company’s management, and the outlook for the company’s
          industry. The resulting data is used to measure the true value of the company’s stock
          compared to the current market value.
      •   Technical Analysis – involves studying past price patterns and trends in the financial markets
          to predict the direction of both the overall market and specific stocks.
      •   Cyclical Analysis – a type of technical analysis that involves evaluating recurring price patterns
          and trends.

 We may use one or more of the following investment strategies when advising you on investments:

      •   Long Term Purchases – securities purchased with the expectation that the value of those
          securities will grow over a relatively long period of time, generally greater than one year.
      •   Short Term Purchases – securities purchased with the expectation that they will be sold within
          a relatively short period of time, generally less than one year, to take advantage of the
          securities’ short term price fluctuations.
      •   Short Sales – a securities transaction in which an investor sells securities he or she borrowed
          in anticipation of a price decline. The investor is then required to return an equal number of
          shares at some point in the future. A short seller will profit if the stock goes down in price.
      •   Margin Transactions – a securities transaction in which an investor borrows money to purchase
          a security, in which case the security serves as collateral on the loan.
      •   Options Trading/Writing: a securities transaction that involves buying or selling (writing) an
          option. If you write an option, and the buyer exercises the option, you are obligated to
          purchase or deliver a specified number of shares at a specified price at the expiration of the
          option regardless of the market value of the security at expiration of the option. Buying an
          option gives you the right to purchase or sell a specified number of shares at a specified price

The Capital Advisory Group Advisory Services, LLC
Form ADV Part 2A

          until the date of expiration of the option regardless of the market value of the security at
          expiration of the option.

 Our investment strategies and advice may vary depending upon each client’s specific financial
 situation. As such, we determine investments and allocations based upon your predefined objectives,
 risk tolerance, time horizon, financial horizon, financial information, liquidity needs, and other various
 suitability factors. Your restrictions and guidelines may affect the composition of your portfolio.

 Risk of Loss
 Investing in securities involves risk of loss that you should be prepared to bear. We do not represent
 or guarantee that our services or methods of analysis can or will predict future results, successfully
 identify market tops or bottoms, or insulate clients from losses due to market corrections or declines.
 We cannot offer any guarantees or promises that your financial goals and objectives will be met. Past
 performance is in no way an indication of future performance.

 Recommendation of Particular Types of Securities
 As disclosed under the “Advisory Business” section in this Brochure, we recommend all types of
 securities and we do not necessarily recommend one particular type of security over another. Since
 each client has different needs and different tolerance for risk. Each type of security has its own unique
 set of risks associated with it and it would not be possible to list here all of the specific risks of every
 type of investment. Even within the same type of investment, risks can vary widely. However, in very
 general terms, the higher the anticipated return of an investment, the higher the risk of loss associated
 with it.

 Certificates of deposit are generally the safest type of investment since they are insured by the federal
 government. However, because the returns are generally very low, it’s possible for inflation to outpace
 the return. Likewise, US Government securities are backed by the full faith and credit of the United
 States government but it’s also possible for the rate of inflation to exceed the returns.

 Municipal securities, while generally thought of as safe, can have significant risks associated with them
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