TSFG LLC

Item 5: Fees and Compensation

Investment Advisory Services – Fees
As more specifically set out in the Investment Advisory Agreement, our investment
advisory fees, including wrap fee program accounts, range up to 2.00% annualized and
are negotiable.

Clients will be billed quarterly in advance based upon the market value of the account
(including cash) on the last business day of the previous quarter as valued by the
custodian. For the initial fee, it will be deducted at the beginning of the quarter following
the establishment of the account and will include a prorated fee for the initial quarter in
addition to the quarterly fee for the upcoming quarter. Subsequent fee deductions will
be made at the beginning of each quarter based on the value of the Account assets as
of the close of business on the last business day of the preceding quarter. Additional
deposits and withdrawals will be added or subtracted from the assets, which may lead
to an adjustment of TSFG’s fee. If the custodian is notified by Client or TSFG of the
termination or deactivation of the Account’s advisory account status at the custodian,
the custodian will process a prorated refund of Advisor’s fees that were pre-paid based
upon the number of days remaining in the quarter after the notice of termination to the
custodian and TSFG. Certain accounts may establish procedures to pay the Advisor’s
fee directly rather than through a debit to the Account. Any different method of billing
fees may result in the imposition of additional charges to cover the administrative costs
of billing.

We will provide the client with a statement detailing the calculation of our advisory fees
regardless of the method of payment.

Investment Advisory Services – Custody Fees
As disclosed below in Item 12: Brokerage Practices, we recommend that our client’s use
the brokerage services of LPL Financial LLC (“LPL”). Therefore, in addition to our
advisory fees charged, the client will be required to potentially pay other underlying fees
and ticket charges assessed by LPL that could include brokerage and other transaction
costs. Any custodian fee is negotiated directly between the client and the custodian. LPL
may also receive an administrative fee from certain money-market mutual funds; if this is
the case, it should be disclosed in LPL’s agreement with the client. The client bears
responsibility for verifying the accuracy of LPL fees and charges. Please refer to Item 12:

Item 7: Types of Clients

We offer our investment advisory and financial planning services to various types of
clients, including individuals, high-net-worth individuals, related family members, trusts,
partnerships, pension and profit-sharing plans, charitable organizations and other legal
entities.

We require a minimum asset level of $100,000 to establish an investment advisory
services relationship. However, in our sole discretion, we may reduce the required
minimum asset level or group certain related accounts for purposes of achieving the
minimum account size. After establishing a relationship with us, clients are not required
to maintain a particular balance in their accounts.

Certain Independent Manager(s) may impose more restrictive account requirements and
varying billing practices than us. In such instances, we may alter its corresponding
account requirements and/or billing practices to accommodate those of the Independent
Manager(s) or wrap program sponsor.

     13 TSFG, LLC