Versant Capital Management Inc

Item 5 – Fees and Compensation

Section A - COMPENSATION
The client can determine whether to engage Versant to provide the following types of advisory
services on a fee-only basis.

Comprehensive Investment Advisory, Financial Planning, and Consulting Services (Wealth Management)
and Family Office Services
Versant provides comprehensive investment advisory, financial planning, and consulting services on
a fee-only basis. Fees are based on the amount of assets placed under management and the level and
scope of services provided. Versant quotes either a percentage-based fee or a flat fee to each client
based on the client’s requirements and the complexity of services provided. All fees are agreed upon
prior to entering into a written agreement with the client.

Accounts for related entities and immediate family members (e.g., spouses and/or children) may be
aggregated, and fees may be calculated based on the total value of such aggregated accounts. The
following outlines the annual fees for full-service investment management, including financial
planning.

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                                                            ANNUAL FEES
                                                            % in addition to                        Total fees @ category
                                          Base fee                             Of the amount over
       Assets subject to agreement                             base fee                              max as % of assets

          $0.00    to     $4,000,000.00    $40,000.00   +       0.00%                     $0.00           1.000%
  $4,000,001.00    to     $5,000,000.00    $40,000.00   +       1.00%           $4,000,000.00             1.000%
  $5,000,001.00    to   $10,000,000.00     $50,000.00   +       0.75%           $5,000,000.00             0.875%
 $10,000,001.00    to   $15,000,000.00     $87,500.00   +       0.50%          $10,000,000.00             0.750%
 $15,000,001.00    to   $20,000,000.00    $112,500.00   +       0.45%          $15,000,000.00             0.675%
 $20,000,001.00    to   $35,000,000.00    $135,000.00   +       0.40%          $20,000,000.00             0.557%
 $35,000,001.00    to   $50,000,000.00    $195,000.00   +       0.25%          $35,000,000.00             0.465%
 $50,000,001.00 and          Above        $232,500.00   +       0.15%          $50,000,000.00

The services provided to Family Office clients vary based on the scope and complexity of the services
requested. As a result, fee arrangements for Family Office services are determined separately and
agreed upon in advance.
Fees are negotiable. If a client requires extraordinary planning and/or consulting services, as
determined in the sole discretion of Versant, Versant may charge an additional fee. Any such
additional fee will be disclosed to the client in writing.
Versant’s advisory fee, as set forth in this Item 5, will remain the same regardless of whether a client
elects to engage Versant for financial planning services.
Versant may offer a courtesy discount on gross annual fees for Comprehensive Advisory, Financial
Planning, and Consulting Services to select organizations that qualify under Section 501(c)(3) of the
Internal Revenue Code.

Financial Planning and Consulting Services (Stand-Alone)
To the extent requested by the client, Versant may determine to provide financial planning and/or
consulting services (including investment and non-investment related matters, including estate
planning, insurance planning, etc.) on a stand-alone separate fee basis. Versant’s planning and
consulting fees are negotiable but generally range from $400 to $800 on an hourly rate basis,
depending on the level and scope of the service(s) required and the professional(s) rendering the
service(s). Versant may also provide consulting services on a mutually agreed upon fixed-fee basis.
Fees for Consulting Services may be payable in advance.

Versant, in its discretion, may charge a lesser investment advisory fee, charge a flat fee, waive its fee
entirely, or charge fee on a different interval, based upon certain criteria (i.e. anticipated future
earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related
accounts, account composition, complexity of the engagement, anticipated services to be rendered,
grandfathered fee schedules, employees and family members, courtesy accounts, competition,
negotiations with client, etc.). Please Note: As a result of the above similarly situated clients could
pay different fees. In addition, similar advisory services may be available from other investment
advisers for similar or lower fees. ANY QUESTIONS: Versant’s Chief Compliance Officer, Elizabeth
Shabaker, remains available to address any questions that a client or prospective client may have
regarding advisory fees.
In addition, Versant’s fees for Comprehensive Investment Advisory, Financial Planning and
Consulting Services (Wealth Management) are generally subject to a minimum annual fee of $40,000
and are further described in this Item 5 below.

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Section–B - DEDUCTION OF ADVISORY FEES AND DIRECT BILLING
Clients may elect to have Versant’s advisory fees deducted from their custodial account. Versant’s
Agreement (i.e., Investment Advisory Service Agreement and/or Investment Advisory Services with
Financial Planning Agreement) and the custodial agreement may authorize the custodian to debit the
account for the amount of Versant’s investment advisory fee and directly remit that management fee
to Versant in compliance with regulatory procedures. In the limited event that Versant bills the client
directly, payment is due upon receipt of the invoice. Versant shall deduct fees and/or bill clients
...

Item 7 – Types of Clients

Versant’s clients generally include high net-worth individuals, families and their related entities,
including trusts, estates, and private foundations, as well as pension and profit-sharing plans,
charitable organizations, corporations and business entities.

Versant’s fees for Comprehensive Investment Advisory, Financial Planning and Consulting Services
(Wealth Management) and/or family office services are generally subject to a minimum annual fee of
$40,000 and are further described in Item 5. Typically, Versant requires a minimum asset level of
$4,000,000 for comprehensive services and/or family office services. Versant, in its sole discretion,
may reduce or waive its annual minimum fee and/or require a lesser minimum asset level based upon
certain criteria (i.e., anticipated future earning capacity, anticipated future additional assets, dollar
amount of assets to be managed, related accounts, account composition, negotiations with client,
etc.).