Vernal Point Advisors LLC

Item 5 – Fees and Compensation

Vernal Point’s fees for our services are determined on the basis of the client’s requested
services, complexity of financial condition and objectives, and other related factors. Most
clients are charged a quarterly flat fee, but we infrequently provide some services on an
hourly basis for these flat fee clients. The current hourly billing rate for the services requested

                                                                       Vernal Point Advisors, LLC
                                                                               Form ADV Part 2A

is $250 to $1000 per hour. Travel and other expenses pre-approved by client may also be
included.

For investment management, fees may be based upon a percentage of the market value of
the assets placed under our management. Fees are negotiable on a client-by-client basis
with maximum fees shown in the chart below. Clients will be billed on a quarterly basis in
advance, based on the settlement date balances on the closing day of the prior quarter as
reflected on client statements.

              Assets Under Management             Annual Advisory Fee

                     First $5 million                  0.90%
                     Next $5 million                   0.80%
                     Next $10 million                  0.70%
                     Next $20 million                  0.60%
                     Above $40 million                 Negotiable

The minimum annual fee for investment management service is $250,000. We may waive
or reduce this minimum for certain clients at any time.

On an hourly or retainer basis, we will help ultra-high net worth individuals and families
source and evaluate other firms to act either as comprehensive wealth managers or as the
primary investment advisor.

On an hourly or retainer basis, we also create custom educational curriculums for ultra-high
net worth individuals and families to train them to manage the complexities of wealth. These
curriculums are typically delivered in a one-on-one format instead of in a group setting.

Our fee does not include fees charged by Managers, alternative investments, ETFs, mutual
funds, account custodians, broker-dealers or other third parties. These fees are all additional
and separate from our fees. Manager’s fees are not set by us and their fees, method and
manner of billing (e.g., advance or arrears; quarterly or monthly, etc.) may differ from our
billing practices. Clients will receive an explanation of the Manager’s billing practices from
us or the Manager in the form of the Manager’s firm brochure, client agreement or other
documentation.

We believe that the charges and fees offered within this program are competitive with
alternative programs available through other firms offering a similar range of services;
however, lower fees for comparable services may be available from other sources.

                                                                         Vernal Point Advisors, LLC
                                                                                 Form ADV Part 2A

Our relationship with each client is non-exclusive; in other words, we provide financial
planning, investment advisory services, and family office services to multiple clients. In any
case, we seek to avoid situations in which one client’s interest may conflict with the interest
of another client.

Termination
The client may terminate any new agreement without penalty by providing written notice
of such cancellation to us within five (5) business days of the date of signing the agreement.
Following the five-day cancellation period, the client will have the right to cancel the
agreement with 30 days written notice at any time prior to the expiration date of the
agreement.

Vernal Point will have the right to cancel any agreement if documents or other required
information are not received from client as agreed within thirty days after written request
for such information.

Item 7 – Types of Clients

Vernal Point clients are generally ultra-high net worth individuals, their foundations and
small charitable institutions. Client relationships vary in scope and length of service.

We have no minimum account size, however, there is a $250,000 minimum annual fee for
investment management services. As mentioned above in Item 5, we may waive or reduce
this minimum for certain investors at any time.

                                                                        Vernal Point Advisors, LLC
                                                                                Form ADV Part 2A