The Norden Group LLC

Item 5 Fees and Compensation
Portfolio Management Services
Our annual fee for portfolio management services varies between 0% to 2.50% depending upon the

market value of your assets under our management, the type and complexity of the asset management
services provided, as well as the level of administration requested either directly or assumed by the
client. Assets in each of your account(s) are included in the fee assessment unless specifically
identified in writing for exclusion.

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

If the Discretionary Asset Management Agreement (‘DAMA’) 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. 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. When
combining the assets across your household for billing purposes, you should expect to pay a lower fee
than if the accounts were not combined. If you have questions, please reach out to your TNG
investment professional.

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.

You may terminate the Discretionary Asset Management Agreement (‘DAMA’) upon written notice. You
will incur a pro rata charge for services rendered prior to the termination of the Discretionary Asset
Management Agreement (‘DAMA’), 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.

Turnkey Asset Management Program (“TAMP”)
As discussed previously in Item 4, we partner with Townsquare to assist us with billing on advisory
accounts.

This relationship does not increase the fee a client pays to us, we as the investment advisor pay a fee
to Townsquare for this assistance.

Financial Planning Services
We charge a fixed fee for financial planning services, which generally ranges between $0 to
$75,000. The first half of the estimated fee is due in advance of services rendered with the remaining
balance payable upon completion of the contracted services. The fee is negotiable depending upon the
complexity and scope of the plan, your financial situation, and your objectives. We will not require
prepayment of $1,200 six months or 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.

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.

Selection of Other Advisers
Advisory fees charged by TPMMs are separate and apart from our advisory fees. Assets managed by
TPMMs will be included in calculating our advisory fee, which is based on the fee schedule set forth in
the Portfolio Management Services section in this brochure. Advisory fees that you pay to the TPMM
are established and payable in accordance with the brochure provided by each TPMM to whom you
are referred. These fees may or may not be negotiable. You should review the recommended TPMM's
brochure and take into consideration the TPMM's fees along with our fees to determine the total
amount of fees associated with this program.

Our recommendations to use third party money managers are included in our portfolio management
fee. We do not charge you a separate fee for the selection of other advisers nor will we share in the
advisory fee you pay directly to the TPMM. Advisory fees that you pay to the TPMM are established
and payable in accordance with the Form ADV Part 2 or other equivalent disclosure document
provided by each TPMM to whom you are referred. These fees may or may not be negotiable. You
should review the recommended TPMM's brochure for information on its fees and services.

You may be required to sign an agreement directly with the recommended TPMM(s). You may
terminate your advisory relationship with the TPMM according to the terms of your agreement with the
TPMM. You should review each TPMM's brochure for specific information on how you may terminate
your advisory relationship with the TPMM and how you may receive a refund, if applicable. You should
contact the TPMM directly for questions regarding your advisory agreement with the TPMM.

General Consulting Fees
We offer consulting services for a fixed fee. If you decide to engage us for consulting services, we
charge a fixed fee that will vary and will be determined on a case-by-case basis. The fee will depend on
a number of factors not limited to: the scope and complexity of your situation and the scope of the
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Item 7 Types of Clients
We offer investment advisory services to individuals including high net worth individuals, charitable
organizations, corporations and other businesses.

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 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.