United Capital Management of Kansas Inc

Item 5 – Fees and Compensation

In addition to the information provide in Item 4 – Advisory Business, this section provides additional details
regarding our firm’s services along with descriptions of each service’s fees and compensation arrangements.

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Fees for Consulting Services

Fees charged for consulting service are encompassed in the firm’s Asset Management service fee. See “Fees
for Asset Management Services” below. Clients are not charged a separate fee for consulting services.

Fees for Asset Management Services

Fees charged for our asset management services are charged based on a percentage of assets under
management, billed in advance (at the start of the billing period) on a monthly basis and calculated based on
the fair market value of your account as of the last business day of the previous billing period. For purposes of
billing, assets under management include securities, cryptocurrency, cash, and cash equivalents.

Fees are prorated (based on the number of days service is provided during the initial billing period) for your
account opened at any time other than the beginning of the billing period. If asset management services are
commenced in the middle of a billing period, the prorated fee for the initial billing period is billed in arrears at
the same time as the next full billing period’s fee is billed.

In the event that a deposit in excess of $50,000 occurs during a billing period after the fee calculation, the fee
for the billing period will be recalculated at the end of the billing period and United Capital Management will bill
a second fee pro-rata, in arrears, on the additional deposits. In the event that a withdrawal in excess of
$50,000 occurs during a billing period after the fee calculation, the fee for that billing period will be recalculated
at the end of the billing period and you will be refunded the pro-rata fee that was attributable to the amount of
the withdrawal.

The firm provides asset management services for a percentage of assets under management. The minimum
account size is $25,000 and actual fee charged are negotiable based on factors such as the client’s financial
situation and circumstances, the amount of assets under management, and the complexity of the services
provided. The exact fee for services will be agreed upon and disclosed in the agreement for services prior to
services being provided and fees generally range from .75%-2%. UCMK’s fee schedule is 2.5% for amounts
$1,000-$100,000,000, however all fees are negotiable with a prospect or client. A purchase in excess of
$100,000,000 by any single client is prohibited. The IAR is not empowered to make final approval any
negotiated fees, but must submit the proposal to the ACO of UCMK for final approval of fees that might deviate
from the maximum fee. UCMK reserves the right to reduce or waive minimum account size and fees at its sole
discretion. The IAR’s compensation does not cover trading costs and, hence, will exclude the trading charges
(trades will be billed to the client at the registered investment advisor representatives cost). Any fee higher
than 2% is higher than what is normally charged in the industry and other investment advisors can potentially
provide the same or similar services at lower rates. The minimum sized account of $25,000 which can be
waived only with the permission of the ACO. In addition, there is an overriding minimum fee of $50 per
account on an annual basis.

Adviser compensation or fees are negotiated on a case-by-case basis, depending on a variety of factors,
including the nature and complexity of the portfolio, extent of the activity in the account, your relationship with
us and our IAR, the size of the account, the potential for other business or Clients, anticipated future additional
assets, related accounts, the amount of work anticipated and the attention needed to manage your account.
As a result of these and other factors, the sponsors of the advisory programs offered also set different limits on
fees that are charged to you with a maximum of 2.5%. Client understands that any fee higher than 2% is higher
than that normally charged in the industry and that other investment advisers that can provide the same or
similar services at lower rates. Clients’ value of all accounts under UCMK’s advisement will be billed at the

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negotiated rate under this arrangement, including cash, cash equivalent balances and/or margin balances. The
advisory fee is paid directly by the Client’s Custodian to the firm of UCMK (not the individual). The firm of
UCMK will then share the advisory fee with its IARs.

Fees are generally deducted directly from your account held by the qualified custodian. Under this program,
you must provide the qualified custodian with written authorization to have fees deducted from the account and
paid to United Capital Management.

Brokerage commissions and/or transaction ticket fees charged by the qualified custodian will be billed directly
to you. Our asset management fees do not include trading fees; they will be billed to you as trading occurs.
Lower fees for comparable services may be available from other sources.

United Capital Management will not receive any portion of such commissions or fees from the qualified
custodian. In addition, you may incur certain charges imposed by third parties other than United Capital
Management in connection with investments made through the account, including but not limited to, mutual
fund sales loads, 12(b)-1 fees and surrender charges, variable annuity fees and surrender charges, and IRA
fees and qualified retirement plan fees. A description of these fees and expenses are available in each
...

Item 7 – Types of Clients

United Capital Management generally provides investment advice to the following types of clients:

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    •   Individuals
    •   High-Net Worth Individuals
    •   Trusts, estates, or charitable organizations
    •   Corporations or business entities other than those listed above
    •   Other investment advisers
    •   Pooled investment vehicles
    •   ERISA Retirement Plans through Retirement Plan Services via PCS Planning Services

All clients are required to execute an agreement for services in order to establish a client arrangement with
United Capital Management and/or the sponsor of third-party money manager platforms.

Minimum Investment Amounts Required

For asset management services, United Capital Management requires a minimum account size of
$25,000. For clients participating in prime brokerage arrangements, United Capital Management requires a
minimum account size of $100,000. Exemptions to such minimum account sizes may be made at United
Capital Management’s sole discretion. A minimum investment of $250,000 is required to invest in the Red Neck
Yacht Fund, LP.

All clients are required to execute an agreement for services prior to commencing any work.