Verus Financial Partners Inc

Item 5           Fees and Compensation

   A. The client can determine to engage the Registrant to provide discretionary investment
      advisory services on a fee‐only basis. Generally (with exceptions at the discretion of the
      Registrant) the Registrant’s annual fee is based upon a percentage of the assets placed
      under the Registrant’s management per the following fee schedule:

                                  Assets Under Management          Fee Rate
                                  $0 to $500,000                   1.50%

                                  $500,001 to $1,000,000           1.25%

                                  $1,000,001 to $2,500,000:        1.00%;

                                  $2,500,001 to $4,000,000:        0.85%;

                                  $4,000,001 to $5,500,000:        0.75%;

                                  $5,500,001 to $7,000,000:        0.70%;

                                  $7,000,001 to $8,500,000:        0.65%;

                                  $8,500,001 to $10,000,000:       0.60%;

                                  Above $ $10,000,001:             0.55%

         Management fees are reflected above as the annual total percentage charged to clients
         based on assets under management at the end of the client’s billing period. One quarter of
         the annual fee percentage is then applied to the client’s next quarter activity. If a client
         elects to terminate Registrant’s services prior to the end of a billing period, the unearned
         portion of the fee is reimbursed to the client and calculated from the written date of
         termination notification.

         The Registrant generally requires a portfolio minimum asset level of $1,000,000 for
         investment advisory services. The Registrant, in its sole discretion, may reduce or waive its
         minimum portfolio requirement.

         Fee Dispersion: Registrant, in its discretion, may charge a lesser or greater 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.). The advisory fee payable shall be confirmed, in

         writing. Please Note: As 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. Please Also Note: If a client that engaged the Registrant’s service
         subsequent to July 1, 2021 who maintains less than $1 million in assets under the
         Registrant’s management, the client will pay a higher percentage advisory fee than the
         1.00% reflected in the above fee schedule. ANY QUESTIONS: Registrant’s Chief Compliance
         Officer, Julie Waitman, remains available to address any questions that a client or
         prospective client may have regarding advisory fees.

   B. Clients may elect to have the Registrant’s advisory fees deducted from their custodial
      account. Both Registrant's Investment Advisory Agreement and the custodial/clearing
      agreement may authorize the custodian to debit the account for the Registrant's investment
      advisory fee and to directly remit that management fee to the Registrant in compliance with
      regulatory procedures. In the limited event that the Registrant bills the client directly,
      payment is due upon receipt of the Registrant’s invoice. The Registrant shall deduct fees
      and/or bill clients quarterly, in advance, based upon the market value of the assets on the
      last business day of the previous billing quarter.

   C. Custodian Charges‐ Additional Fees: As discussed below at Item 12, unless the client directs
      otherwise or an individual client’s circumstances require, the Registrant shall generally
      recommend that Charles Schwab & Co. (“Schwab”) serve as the broker‐dealer/custodian for
      client investment management assets. Broker‐dealers such as Schwab charge brokerage
      commissions, transaction, and/or other type fees for effecting certain types of securities
      transactions (i.e., including transaction fees for certain mutual funds, and mark‐ups and
      mark‐downs charged for fixed income transactions, etc.). The types of securities for which
      transaction fees, commissions, and/or other type fees (as well as the amount of those fees)
      shall differ depending upon the broker‐dealer/custodian (while certain custodians, including
      Schwab, do not currently charge fees on individual equity transactions, including ETFs,
      others do). These fees/charges are in addition to Registrant’s investment advisory fee
      referenced above. Registrant does not receive any portion of these fees/charges.

   D. Registrant's annual investment advisory fee shall be prorated and paid quarterly, in advance
      (for the next three months), based upon the market value of the assets on the last business
      day of the previous billing quarter. The Investment Advisory Agreement between the
      Registrant and the client will continue in effect until terminated by either party by written
      notice in accordance with the terms of the Investment Advisory Agreement. Upon
      termination, a pro‐rated portion of the advance advisory fee shall be reimbursed to the
      client based upon the number of days remaining in the billing quarter after termination.

   E. Neither the Registrant, nor its representatives accept compensation from the sale of
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Item 7           Types of Clients

         The Registrant’s clients are primarily comprised of individuals and families. The Registrant
         generally requires a portfolio minimum asset level of $1,000,000 for investment advisory
         services. The Registrant, in its sole discretion, may reduce or waive its minimum portfolio
         requirement. As also disclosed at Item 5 above, the Registrant, in its discretion, may charge
         a lesser or greater 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.). The advisory fee payable shall be
         confirmed, in writing. Please Note: As 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. Please Also Note: If a client that engaged the
         Registrant’s service subsequent to July 1, 2021 maintains less than $1 million in assets under
         the Registrant’s management, the client will pay a higher percentage advisory fee than the
         1.50% reflected in the above fee schedule.
         ANY QUESTIONS: Registrant’s Chief Compliance Officer, Julie Waitman, remains available to
         address any questions that a client or prospective client may have regarding advisory fees.