Thor Investment Management Inc

ITEM 5 – FEES AND COMPENSATION
        We are a fee-based advisor, not a commission-based advisor. This means we get paid a
 fee for our investment management services based on the market value of your assets under
 management at the end of each quarter. Some assets are billed based on an average daily balance
 throughout the quarter to accurately reflect account activity and value for billing purposes. We
 bill for our investment management services quarterly and they are payable in arrears. Our
 minimum account size and fees are negotiable in certain circumstances. Fees can be paid by
 having them deducted directly from the account or by check. In either case, we provide you
 with a quarterly fee statement. Our typical annual fee schedule is as follows:

               1.00% on first $500,000 of assets under management
                .875% on next $500,000 of assets under management
                .750% on next $2,000,000 of assets under management
                .400% on any assets in excess of $3,000,000 under management

        In investing your portfolio, we will likely use one or more mutual funds. If we do, you will
incur mutual fund fees and expenses that are in addition to the fees we charge you. Mutual funds
pass these fees and expenses on to investors directly - they are not charged nor billed by us.

         For our emerging wealth clients, generally defined as clients between the ages of twenty-
eight (28) and forty (40), we charge the following annual investment fee on a quarterly basis in
arrears:
             1. The first $3,000,000 of Investment Assets is an annual fee of 0.75%.
             2. Investment Assets in excess of $3,000,000 is an annual fee of 0.50%.

       In addition to our investment fee for our emerging wealth clients, we also charge a monthly
wealth management fee in advance of $200.

       We use Charles Schwab & Co., Inc. (“Schwab”), a registered broker-dealer and member of
the Securities Investor Protection Corporation, as our custodian. Through our use of Schwab’s
services, you will incur certain trading costs in addition to our fees. These costs are further
explained in Item 12 below.

ITEM 7 – TYPES OF CLIENTS
       We provide investment advice to individuals, retirement plans, trusts, estates, charitable
 organizations, corporations and other business entities. There is no minimum account size.