Tobias Financial Advisors Inc

Item 5 Fees and Compensation
The specific way fees are charged by Tobias Financial Advisors is established in a client's written
agreement with TFA. Generally, TFA will bill its fees quarterly in advance based on the value of the
client's account on the last day of the previous quarter. On occasion, and only for clients of the Tobias
Retirement Plan Advisory Service, fees may be billed in arrears based on the value of the client's
account on the last day of the quarter. Clients generally will authorize Tobias Financial Advisors, Inc. to
directly debit fees from client accounts.

Generally, the fee for the first ninety days of investment management services shall be calculated,
from the date of the engagement, using the market value of the assets set forth in the Investment
Policy Statement prepared by the Advisor and acknowledged by the client. At the end of that 90 day
period, the fees will then be prorated, based on the market value of the assets then under
management, until the end of the calendar quarter. Subsequent fees will be based on the market value
of the assets under management at the end of the preceding quarter. Said fee shall be calculated
based on all assets of Client under advisement per this Agreement. Upon termination of this service, a
refund of fees, paid by the Client to the Advisor, will be pro-rated based upon the number of days

remaining in the quarter. No refunds will be made for partial account withdrawals during a quarter and
management fees shall not be prorated for each capital contribution and withdrawal made during the
applicable calendar quarter.

Financial planning fees will be paid dependent on the specific client arrangement, and may be paid via
check, credit card, ACH, or debited directly from client's investment assets. Financial planning fees and
a payment schedule will be agreed upon by the client and advisor upon commencement of the
relationship, and can be due on a monthly, quarterly, annual, or another installment schedule basis.

Additional Fees and Expenses
Clients will incur certain charges imposed by custodians, brokers, and other third parties such as fees
charged by managers, including but not limited to custodial fees, transfer taxes, wire transfer and
electronic fund fees. Mutual funds and exchange traded funds also charge internal management fees,
which are disclosed in a fund's prospectus. Hedge, private equity, and other less liquid alternative
funds carry additional fees, which are determined by the fund managers or general partners and are in
addition to any TFA advisory fee. Clients of the Retirement Plan Advisory Service may also be subject
to additional fees from plan record keepers, custodians, or third-party administrators. These fees are
exclusive of and in addition to TFA's fee, and TFA shall not receive any portion of these commissions,
fees, and costs.

WEALTH MANAGEMENT SERVICE

The Standard Fee Schedule is as follows:

                             PORTFOLIO VALUE             ANNUAL FEE
                             First $2,000,000            1.00%
                             Next $2,000,000             0.85%
                             Next $2,000,000             0.65%
                             Next $2,000,000             0.50%
                             Additional Assets           0.35%

There is a minimum quarterly fee of $3,125, which equates to $12,500 annually; fees are negotiable.
Under certain situations, fees and account minimums may be modified based upon certain criteria (i.e.,
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, pre-existing client relationship, account retention,
pro bono activities, etc.). In that event, fees will be determined on a case-by-case basis. Clients who
are invested in mutual funds, which charge a management fee as an expense, in effect are paying dual
fees. Fees are subject to change with 30 days advance notice.

Existing or legacy clients may be billed under a different fee schedule or may be subject to different
minimum fee requirements.

Our Family Office services are included in our Wealth Management Service and there are no additional
fees charged for Family Office Services if you are already a Wealth Management client.

INVESTMENT MANAGEMENT SERVICE

The Standard Fee Schedule is as follows:

                           PORTFOLIO VALUE              ANNUAL FEE
                           First $500,000               1.25%
                           Plus on assets over $500,000 1.00%

There is a minimum quarterly fee of $1,500 which equates to $6,000 annually; fees are negotiable.
Under certain situations, fees and account minimums may be modified based upon certain criteria (i.e.,
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, pre-existing client relationship, account retention,
pro bono activities, etc.). In that event, fees will be determined on a case-by-case basis. Clients who
are invested in mutual funds, which charge a management fee as an expense, in effect are paying dual
fees. Fees are subject to change with 30 days advance notice.

SELECTION OF OTHER ADVISERS
The Independent Manager(s)' annual fees for investment management services provided under this
Agreement is separate and in addition to the advisory fees charged by Tobias Financial Advisors,
Inc. and is based on a percentage (%) of the average daily value of the Assets of the Account in
accordance with the fee schedule provided by the respective Independent Manager.

FINANCIAL PLANNING SERVICE

         (A) Ongoing Financial Planning Service - Under this arrangement a client receives ongoing
         financial planning and wealth management, which can be delivered independent of
         investment management or as an add-on to another TFA service. This service is provided for
...

Item 7 Types of Clients
Tobias Financial Advisors provides portfolio management services to individuals (including high net
worth individuals and families), pension and profit-sharing plans, trusts, estates, corporations, and
other business entities, including foreign entities.

While TFA does not have a minimum client size, TFA does have minimum fees associated with our
services. The minimum fee associated with the Wealth Management Service is $12,500 per year, while
for the Investment Management Service the minimum fee is $6,000 per year. Financial Planning
service entails a minimum fee of $6,000 for a one-time comprehensive financial plan and for our
ongoing financial planning and advisory service. At our discretion, we may waive or lower minimum
fees.

Client relationships vary in scope and length of service but are generally long-term relationships.