The Millstone Evans Group LLC

Item 5 - Fees and Compensation

  General Fee Information
  Clients enter into one of two fee arrangements. Most clients participate in either the Millstone Evans
  Wrap Program or the Sub-Advisory Wrap Program and are assessed a single fee. Under this all-
  inclusive billing alternative, the Adviser will assess one client fee that captures the account
  management (including the fees of third-party Managers), brokerage (e.g., commissions, transaction
  expenses, ticket charges, etc.), custody, and administrative expenses collectively. Any portion of Wrap
  Program fees that the Adviser does not pay to third parties in connection with management and
  transaction and execution expenses is retained by the Adviser. Under this arrangement, the Adviser
  has a disincentive to trade securities in client accounts or an incentive to select one investment vehicle
  over another. However, the Adviser pays a flat, asset- based fee for all transaction and execution
  expenses to help mitigate against these conflicts of interest.

  ICA accounts are subject to a transactional fee structure, where clients will pay management fees to
  the Adviser separately from the brokerage commissions, custody charges and other transaction fees
  and expenses charged to their accounts. The brokerage expenses may take the form of asset- based
  pricing, meaning that the broker-dealer charges the account a flat-rate percentage to cover all
  brokerage expenses, or these expenses may be assessed on a per-trade basis. Please see Item 12 -
  Brokerage Practices for additional information.

  The Adviser’s investment advisory fee is negotiable at Adviser’s discretion, depending upon objective
  and subjective factors including but not limited to: the amount of assets to be managed; portfolio
  composition; the scope and complexity of the engagement; the anticipated number of meetings and
  servicing needs; related accounts; future earning capacity; anticipated future additional assets; the
  professional(s) rendering the service(s); prior relationships with the Adviser and/or its
  representatives, and negotiations with the client. As a result of these factors, similarly situated clients
  could pay different fees, the services to be provided by the Adviser to any particular client could be
  available from other advisers at lower fees, and certain clients may have fees different than those
  specifically set forth above.

  In either of these arrangements, the fees noted above are separate and distinct from the internal fees
  and expenses charged by mutual funds, ETFs, or other investment pools to their shareholders
  (generally including a management fee and fund expenses, as described in each fund's prospectus or
  offering materials), mark-ups and mark-downs, spreads paid to market makers, fees for trades
4905-6386-9743, v. 2

  executed away from the custodian, wire transfer fees and other fees and taxes on brokerage accounts
  and securities transactions. The client should review all fees charged by funds, brokers, the Adviser,
  and others to fully understand the total amount of fees paid by the client for investment and financial-
  related services.

  Portfolio Management Fees
  Portfolio management fees for ICA accounts, accounts in the Millstone Evans Wrap Program and
  accounts in the Sub-Advisory Wrap Program are individually negotiated with each client, are based
  on a percentage of assets under management, and are generally subject to a maximum fee of 2.00%,
  depending on the level of engagement. In the Sub-Advisory Wrap Program, the third-party money
  manager collects between 0.20-0.60% of the total fee, depending on the strategy. The specific advisory
  fees will be identified in the investment advisory agreement between the client and the Adviser.

  Portfolio management fees are generally payable quarterly, in advance. If management begins after
  the start of a quarter, fees will be prorated accordingly. Fees are debited directly from client account(s),
  unless other arrangements are made. The Adviser does not adjust for client deposits and or
  withdrawals made during the billing period.

  Either the Adviser or the client may terminate their investment advisory agreement at any time,
  subject to any written notice requirements in the investment advisory agreement. In the event of
  termination, any paid but unearned fees will be promptly refunded to the client based on the number
  of days that the account was managed, and any fees due to the Adviser from the client will be invoiced
  or deducted from the client's account prior to termination. Adviser does not charge or reimburse fees
  on an intra-quarter basis for additions or withdrawals to/from existing managed accounts.

  Financial Planning Fees

  When the Adviser provides stand-alone financial planning and/or general consulting services to
  clients, these fees generally are in the form of a flat fee or an hourly rate that is negotiated at the time
  of the engagement for such services and are normally based on the scope of the engagement.

  This fee is generally subject to a maximum amount of $4,000.

  Neither the Adviser, nor its representatives accept compensation from the sale of securities or other
  investment products.

  Certain employees of the Adviser are also licensed to sell insurance products. In providing financial
  planning and other related advisory services, these individuals will not be entitled to receive a
  commission or other compensation in the transaction. The Adviser itself may be entitled to a
  commission or other compensation in the transaction but is not involved in any decision making
  regarding whether a client should purchase an insurance product or not. In all such circumstances,
  however, the client will be notified of this payment in advance of the transaction, and under no
  circumstances will the client pay both a commission to the Adviser for an insurance product and a
...

Item 7 - Types of Clients

  The Adviser serves individuals, including high net worth individuals, trusts, charitable organizations, and
  other entities. The Adviser does not impose any minimum asset management or advisory fee levels.