Vermillion Wealth Management Inc

Item 5: Fees and Compensation
Method of Compensation and Fee Schedule
ASSET MANAGEMENT
VWM offers discretionary direct asset management services to advisory Clients. VWM
charges an annual investment advisory fee based on the total assets under management as
follows:
 Assets Under Management         VWM Maximum Annual Fee              VWM Maximum Monthly Fee
       $0 - $999,999                        1.00%                             .0833%
    $1,000,000 and over                     0.75%                             .0625%
 This is a flat fee/breakpoint fee schedule, the entire portfolio is charged the same asset
 management fee. For example, a Client with $750,000 under management would pay
 $7,500 on an annual basis. $750,000 x 1.0% = $7,500.
The annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of
assets, anticipated future earning capacity, anticipated future additional assets, dollar
amounts of assets to be managed, related accounts, account composition, negotiations with
Clients, etc.). Fees are billed monthly in arrears based on the amount of assets managed as
of the close of business on the last business day of the previous month.
Lower fees for comparable services may be available from other sources. Clients may
terminate their account within five (5) business days of signing the Investment Advisory
Agreement with no obligation and without penalty. After the initial five (5) business days,
the agreement may be terminated by VWM with thirty (30) days written notice to Client
and by the Client at any time with written notice to VWM. For accounts opened or closed
mid-billing period, fees will be prorated based on the days services are provided during the
given period. All unpaid earned fees will be due to VWM. Client shall be given thirty (30)
days prior written notice of any increase in fees. Any increase in fees will be acknowledged
in writing by both parties before any increase in said fees occurs.
ERISA PLAN SERVICES
The annual fees are a fixed fee between $2,000 and $8,000. The annual fee is negotiable.
Fees will be charged quarterly in arrears. If the services to be provided start any time other
than the first day of a quarter, the fee will be prorated based on the number of days
remaining in the quarter. If this Agreement is terminated prior to the end of the billing
cycle, VWM shall be entitled to a prorated fee based on the number of days during the fee
period services were provided or Client will be due a prorated refund of fees for days
services were not provided in the billing cycle.
The fee schedule, which includes compensation of VWM for the services is described in
detail in Schedule A of the ERISA Plan Agreement. The Plan is obligated to pay the fees,
however the Plan Sponsor may elect to pay the fees. Client may elect to be billed directly or
have fees deducted from Plan Assets. VWM does not reasonably expect to receive any
additional compensation, directly or indirectly, for its services under this Agreement. If

                                 Vermillion Wealth Management Inc.

additional compensation is received, VWM will disclose this compensation, the services
rendered, and the payer of compensation. VWM will offset the compensation against the
fees agreed upon under the Agreement.

ONE TIME FINANCIAL PLANNING AND CONSULTING
VWM charges a fixed fee based on complexity and unique Client needs for financial
planning. Prior to the planning process the Client will be provided an estimated plan fee.
Services are completed and delivered inside of thirty (30) days contingent upon timely
delivery of all required documentation. Client may cancel within five (5) business days of
signing Agreement with no obligation and without penalty. If the Client cancels after five
(5) business days, any unearned fees will be refunded to the Client, or any unpaid earned
fees will be due to VWM. VWM reserves the right to waive the fee should the Client
implement the plan through VWM.
       FIXED FEES
       Financial Planning Services are offered based on a flat fee between $1,000 and
       $5,000.
Fees for financial plans are:
       Due upon delivery of the completed plan.
Clients can choose to pay for financial planning via the following methods:
   •   Check – to be remitted by Client to VWM
ONGOING FINANCIAL PLANNING FEES
Ongoing financial planning services are offered for a quarterly fixed fee of $200 - $1000 for
ongoing financial advice. Lower fees for comparable services may be available from other
sources. Fees are billed quarterly in arrears. Prior to the planning process the Client will be
provided an estimated plan fee. Services will continue until canceled by either party by
providing written notice. Client may cancel within five (5) business days of signing
Agreement with no obligation and without penalty. If the Client cancels after five (5)
business days, any unearned fees will be refunded to the Client, or any unpaid earned fees
will be due to VWM.
Clients can choose to pay for financial planning via the following methods:
   •   Check – to be remitted by Client to VWM
Client Payment of Fees
Investment management fees are billed monthly in arrears, meaning we bill you after the
one-month period has started.
Fees for ERISA services will either be deducted from Plan assets or paid directly to VWM.
The Client must consent in advance to direct debiting of their investment account.
Fees for financial plans will be billed:
   •   Check – to be remitted by Client to VWM
   •   Electronic Payment via wire

Additional Client Fees Charged
Custodians may charge transaction fees on purchases or sales of certain mutual funds,
equities, and exchange-traded funds. These charges may include Mutual Fund transactions
fees, postage and handling and miscellaneous fees (fee levied to recover costs associated
with fees assessed by self-regulatory organizations).

                                  Vermillion Wealth Management Inc.
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Item 7: Types of Clients
Description
VWM generally provides investment advice to individuals, high net worth individuals,
trusts, estates, or charitable organizations, pension plans, corporations or business entities.
Client relationships vary in scope and length of service.
Account Minimums
VWM does not require a minimum of to open an account.