Transcend Advisor Group LLC

Item 5: Fees and Compensation
A. Fee Schedule and Billing

Investment Supervisory Services Fees

Fees are negotiable and range from 0% annual fee up to a maximum annual fee of 1.85%,
depending upon the needs of the client, complexity of the proposed investment strategy,
and overall situation. The final fee schedule is found in Section XXV of the Investment
Advisory Contract. Lower fees for comparable services may be available from other
sources.

Fees are paid either monthly or quarterly in advance, or either monthly or quarterly in
arrears. Client may terminate the Agreement within five (5) business days of signing this
Agreement, without penalty, and with full refund.

                     If fees are charged in advance after five days, fees will be charged based on the value of
                     the account on the last business day of the prior month or quarter, respectively. Clients
                     may terminate their contracts at any time with ten (10) days written notice. If client
                     terminates their contract, client will be charged to the last business day prior to
                     termination and reimbursed for any business days remaining in the month or quarter
                     billed in advance. If fees are charged in arrears after five days, fees will be charged based
                     on the value of the account on the last business day of the prior month or quarter up to
                     the date of termination based on the value upon termination.

                     Advisory fees are withdrawn by the custodian directly from the client’s accounts with
                     client written authorization. Each time a fee is directly deducted from a client’s account,
                     the advisor will concurrently send the client an invoice itemizing the fee. Itemization
                     includes the formula used to calculate the fee, the amount of assets under management
                     the fee is based on, and the end of business day time period covered by the fee. Transcend
                     Advisor Group encourages clients to compare the invoices received from Transcend
                     Advisor Group with those provided by the custodian to ensure fees are correct.

                     The investment management agreement will continue in effect until terminated by either
                     party by giving to the other ten (10) business days written notice.

                     Financial Planning Fees

                     Planning fees may be billed separately or included as flat rate fees and are assessed
                     quarterly or annually, paid in advance or arrears, as per the client agreement, and
                     particular to the services offered by the IAR. Fees can be paid by check or wire transfer.
                     The flat fee is collected 50% upfront and the remainder collected upon completion and
                     delivery of the plan, or accessed quarterly or annually, paid in advance or arrears. The
                     financial plan will be delivered within six months.

                     The fee for comprehensive financial planning services is dependent on the complexity
                     of the plan and needs of the client. Fees for such services typically range from $1500-
                     $5000 per plan as contracted for with clients. Hourly rates vary from $150 to $500 per hour
                     and are billed upon completion. Fees may be negotiated at the discretion of the IAR, or
                     the service included free with account management.

                     The client is under no obligation to act upon the investment advisor’s recommendation and if
                     client elects to act on any recommendation, the client is under no obligation to affect the
                     transaction through the investment advisor. Lower fees for comparable services may be
                     available from other sources.

                     Refunds

                     Clients are asked to notify Transcend Advisor Group is writing when they no longer wish
                     to receive any Transcend Advisor Group services (included are management fees, third
                     party investment fees, financial planning fees, or any unaccrued hourly charged services).
                     When services are terminated, any prepaid fees for work not completed will be prorated
                     to the date of termination and any unearned portion shall be refunded to client and any
                     incomplete or partially completed work items will be securely disposed of.
A maintains an ownership interest through a separate LLP in N”), which provides research and related services to

B. Payment of Fees

Payment of Investment Supervisory Fees

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization. Transcend Advisor Group will send an itemized invoice directly to the
client and custodian explaining each fee debit, and includes the formula used to calculate
the fee.

Payment of Financial Planning Fees

Financial Planning Fees may be billed separately or included as flat rate fees and are
assessed quarterly or annually, paid in advance or arrears, as per the client agreement,
and particular to the services offered by the IAR. Fees can be paid by check or wire
transfer. The flat fee is collected 50% upfront and the remainder is collected upon
completion and delivery of the plan. The financial plan will be delivered within six
months. Fees for comprehensive financial planning services is dependent on the
complexity of the plan and the needs of the client. Fees for such services typically range
from $1500-$5000 per plan as contracted for with the client in advance. Hourly rates vary
from $150 to $500 per hour and are billed upon completion. Fees may be negotiated at the
...

Item 7: Types of Clients
Transcend Advisor Group provides management supervisory and institutional consulting
services to the following types of clients:

           ❖ Individuals
           ❖ High-Net-Worth Individuals
           ❖ Institutional Clients

Minimum Account Size

There is an account minimum of $80,000.00. This minimum may be waived by the investment
advisor, based on the needs of the client and the complexity of the situation.