Tolley Financial Group LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the client within five
(5) business days of signing the contract without incurring any advisory fees and without penalty. How we are
paid depends on the type of advisory service we are performing. Please review the fee and compensation
information below.

Investment Management Services
Our standard advisory fee is based on the market value of the assets under management and is calculated as
follows:
                      Account Value                            Annual Advisory Fee
                       $0 - $1,000,000                                     1.25%
                  $1,000,000 - $2,500,000                                  1.00%
                  $2,500,000 - $5,000,000                                  0.75%
                  $5,000,000 - $10,000,000                                 0.50%
                   $10,000,001 and Above                                   0.25%

The annual fees are negotiable and are pro-rated and paid in advance on a quarterly basis. The advisory fee is
a tiered fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown
in the above chart, resulting in a combined weighted fee. For example, an account valued at $3,000,000 would
pay an effective fee of 1.04% with the annual fee of $31,250.00. The quarterly fee is determined by the
following calculation: (($1,000,000 x 1.25%) + ($1,500,000 x 1.00%) + ($1,000,000 x 0.75)) ÷ 4 = $7,812.50. No
increase in the annual fee shall be effective without agreement from the client by signing a new agreement
or amendment to their current advisory agreement.
Advisory fees are directly debited from client accounts, or the client may choose to pay by check. Accounts
initiated or terminated during a billing period will be charged a pro-rated fee based on the amount of time

remaining in the billing period. An account may be terminated with written notice at least 15 calendar days in
advance. Upon termination of the account, any unearned fee will be refunded to the client on a prorated
basis.

Retirement Plan Consulting Fee
                           Assets                                Annual Advisory Fee
                      $0 - $1,000,000                                    0.85%
                  $1,000,000 - $3,000,000                                0.75%
                  $3,000,000 - $5,000,000                                0.65%
                 $5,000,000 - $10,000,000                                0.55%
                $10,000,000 - $15,000,000                                0.45%
                $15,000,000 - $20,000,000                                0.35%
                  $20,000,000 and Above                                  0.25%

The annual fees are negotiable and are pro-rated and paid in arrears on a quarterly basis. The advisory fee is
a flat fee. The minimum annual management fee for 401(k) Plan Investment Advisory services is $850. No
increase in the annual fee shall be effective without agreement from the client by signing a new agreement
or amendment to their current advisory agreement.
In addition to Tolley Financial Group, LLC’s 401(k) Plan Investment Advisement fees, additional fees charged
by third-party plan administration and broker-custody service providers apply and are to be paid by the Client.

An additional transition service fee of up to $10,000, depending on complexity, may be applied when
transitioning a retirement plan from one record keeper to another. This is a one-time fee.
Advisory fees are deducted in arrears on a quarterly basis from plan participants’ assets or billed directly to
the plan sponsor as determined and outlined in the Agreement. Advisory fees are directly debited from client
accounts, or the client may choose to pay by check. Accounts initiated or terminated during a billing period
will be charged a pro-rated fee based on the amount of time remaining in the billing period. An account may
be terminated with written notice at least 15 calendar days in advance. Since fees are paid in arrears, no
rebate will be needed upon termination of the account.

Financial Planning Fixed Fee
Financial Planning will generally be offered on a fixed fee basis. The fixed fee will be agreed upon before the
start of any work. The fixed fee can range between $1,500.00 and $4,000.00. The fee is negotiable. If a fixed
fee program is chosen, half of the fee is due at the beginning of process and the remainder is due at completion
of work, however, Tolley Financial will not bill an amount above $500.00 more than 6 months in advance. In
the event of early termination, the client will not be billed.

Typically, after a client successfully follows the financial plan for an estimated 12 continuous months, will be
moved over to the AUM fee schedule. A new service contract will be signed at that time.

Fixed Fee for DST and 1031 Planning
When assisting clients with the possibility of utilizing IRC code section #1031, tax deferred exchanges, Tolley
Financial may recommend that the client invest their exchange proceeds into DST investments. For these
services, Tolley Financial charges a maximum fixed fee of 0.80%. Fee includes the ongoing service for diligence
work and recommendations to the client, whether client acts on the recommendation or not). The fee is
negotiable with each client. The fee is a result of a number of factors, including the variability of the types of
transactions, the amount of properties being sold, the amount of properties being purchased, the amount of
DSTs reviewed, analyzed and considered by the client, the amount of properties in each DST, the time,
expertise and experience of the advisor, and many other factors.

Other Types of Fees and Expenses
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Item 7: Types of Clients
We provide financial planning and portfolio management services to individuals, high net-worth individuals
and pension and profiting. We do not have a minimum account size requirement.