Trumbower Financial Advisors LLC

Item 5 – Fees and Compensation

A. TFA is compensated solely by fees for services rendered. Clients may choose to pay for
   services in one of three ways, and all fees are negotiable:

   1. At hourly rates for time spent plus out-of-pocket expenses. Hourly rates may range
      from $295 to $775, depending on the Adviser representative’s level of experience.
      Hourly rates are subject to change at Adviser’s discretion without prior notice.

   2. For a fixed quarterly or annual retainer. Retainer arrangements apply to general
      financial planning and tax compliance services when investment management is
      incidental to the Adviser’s primary role. With very limited exception, annual retainers
      are offered only in the context of TFA’s participation in an employer-sponsored
      executive financial counseling program. Billing arrangements are dictated by the
      employer.

   3. As a percentage of assets under management. The annual rate is determined by the
      aggregate value of accounts in a client’s “household” at the end of each calendar quarter.

       Assets Under Proactive Management                     Annual % of Portfolio Value*
       Under $500,000                                                1.0%
       $500,000 to $999,999                                         0.75%
       $1,000,000 to $4,999,999                                     0.50%
       $5,000,000 and over                                          0.30%

       * The percentage applicable to implementation of a CFI ladder will not, generally,
       exceed 0.30% - as long as total assets under management within a household are valued
       at $1 million or more.

       Fees may be negotiated depending on the nature of the assets, planning relationships,
       frequency of review, reporting and rebalancing activities. Clients may choose to exclude
       specific securities, accounts and/or cash balances from value of assets under
       management when they are held in accounts under Adviser’s supervision for
       administrative convenience. Adviser will execute transactions involving these assets as
       instructed by clients but Adviser will not provide pro-active, day-to-day supervision of
       excluded portfolio components. Custody, maintenance, transaction and other fees may
       be charged by other third parties.

B. Compensation based on hourly rates is payable after services are rendered. Time is
   generally billed monthly. Retainers are generally billed in accordance with procedures
   defined by the terms of employer-sponsored financial counseling programs. Fees based on
   a percentage of assets under management are billed quarterly in arrears. As a convenience,
   fees will be transferred from client accounts to the Adviser’s account after quarterly
   performance reports and a detailed invoice have been sent to the client. Clients may also
   choose to remit fees from other resources.

      Investment advisory services may be terminated by written notification. Fees based on the
      value of assets on the effective date of the termination are prorated for the number of days
      under supervision during the quarter. Since investment advisory fees are never billed in
      advance, TFA has not established formal refund procedures. In the rare instances of a
      billing error or negotiated reduction in fees, refunds are either issued in cash or credited
      against fees for future services, at the client's discretion. All bills are reviewed for accuracy
      by a manager or the managing member prior to release.

C. Fees and expenses charged by mutual funds, exchange-traded funds (“ETF”) and other
   pooled investment products that Adviser recommends are paid to managers and sponsors
   from capital invested and income earned. These costs are disclosed in tables located near the
   front of the fund’s prospectus. IPS documents and other communications with clients about
   recommended funds include Morningstar or similar reports that generally describe and
   estimate fees. TFA never receives any portion of the fees or expenses paid to mutual funds
   or other product sponsors.

      Additional fees charged by the Custodian include: wire transfer fees; transaction fees on
      selected mutual funds, publicly traded stocks/exchange traded funds (“ETFs”)1 and
      options; and account termination fees. Details can be found on our website at
      www.trufinancial.com and in Item 12 – Brokerage Practices.

Item 7 – Types of Clients

TFA provides portfolio management and investment advice to individuals, families, small
pension and profit-sharing plans, charitable organizations, foundations, trusts, estates and
personal service corporations. There are no minimum account size requirements.

1   When a transaction exceeds 10,000 shares.

    Fee based on a share of capital gains or other measure of return on an account or investment.