Victory Asset Management Co Inc

Item 5 - Fees and Compensation
Forms of payment are based on the types of services being provided, term of service, etc., and will be stated
in your engagement agreement with our Firm. Our fees are negotiable, with final determination to be made
by an officer of our Firm. We may waive or reduce our fees for our associates and their family members. We
strive to offer fees that are fair and reasonable in light of the experience of our Firm and the services to be
provided to you. Similar services may be made available from other sources and potentially at a lesser fee.

Fees are to be paid to our Firm by check or draft from US-based financial institutions. With your prior
authorization, payment may also be made by credit or debit card through a qualified, unaffiliated PCI
compliant third-party processor, or via withdrawal from your investment account held at your custodian of
record. Our Firm does not accept cash, money orders or similar forms of payment for its engagements. Our
advisory fee will be noted in your account statement that you will receive from your custodian.

Financial Planning Services Fees
Financial planning engagements are assessed a fixed fee ranging from $500 to $5,000. The rate takes into
consideration the complexity of your financial profile, the depth of services that may be required, number of
accounts and holdings that comprise your overall investment portfolio, among others. A deposit equaling one-
half of the quoted fee will be due upon execution of the engagement agreement and the remaining portion upon
plan delivery.

Advisory services clients interested in a limited planning component may engage us at an hourly rate, such as
when there is a need for business valuation, advice on a retirement plan asset allocation, etc. Our rate ranges
from $75 to $250 per hour depending upon the level and scope of the services required and the professionals
providing those services. We assess our hourly fee on 10-minute increments, and a partial increment (e.g.,
seven minutes) will be treated as a whole increment. Prior to entering into an agreement with our Firm you will
receive an estimate of the overall cost based on your requirements and the time involved. A 50% deposit is
required at the time an engagement letter is executed and the remaining payment in full is required at delivery of
our invoice which coincides with the presentation of your plan. An hourly engagement lasting more than one
month may be billed at the end of each month for time incurred.

Educational Workshops
Workshops sessions are complimentary; no fee is assessed.

Third-Party Investment Manager Arrangements
Each third-party investment manager program has a stated fee range that will be described to you in the
investment manager’s disclosure documents that we recommend you receive and review prior to your selection
of the third-party manager. We recommend you review the disclosure documents to understand whether the
selected third-party investment manager(s) will allow for account aggregation for the purpose of fee discounts.

The annualized asset-based fee ranges from 0.75% to 1.50% (75 to 150 basis points). We may share that fee
with a Victory approved Advisor who will be act as your direct servicing contact.

Investment management services fees, including debits and credits, will be noted on account statements that
you will receive directly from your custodian of record on at least a quarterly basis. We are not directly involved
in the billing process of third-party investment accounts. We recommend that you verify the accuracy of fee
calculations; the custodian may not verify the accuracy of third-party investment manager fees for you.

Your written authorization is required in order for the custodian of record to deduct advisory fees from your
investment account. By signing the custodian account documents, you will be authorizing the withdrawal of
fees from your account. The withdrawal of these fees from your account will be accomplished by the custodian
of record. Most third-party investment managers do not allow for direct payment (e.g., payment by check, etc.).

Our portion of the advisory fee will be remitted directly to our Firm via the third-party investment manager.

Portfolio Management Fees
Retirement Plan Sponsors and Plan Participants

At the beginning of each calendar quarter, the plan or plan participant (as determined by the engagement) will
pay Victory Wealth Partners an asset-based fee based on an annualized rate as indicated in the following fee
table. Our fee schedule is based on a straight tier; all accounts are charged a single percentage rate that declines
as asset levels increase. Our Firm aggregates plan accounts for all participants in order to apply a discount to
the asset-based fee.

The fee is determined by the value of account assets calculated on each calendar quarter-end by multiplying
that quotient by the applicable number of basis points set forth in the fee table (one basis point equals 1/100 of
one percent). The result is then divided by 4 to determine the quarterly fee.

                      Formula: ((quarter-end market value) x (applicable number of basis
                      points))/4

                    Assets Under Management                    Annualized       Asset-Based
                                                               Fee
                    $50,000 - $99,999                          1.50% (150 basis points)
                    $100,000-$999,999                          1.00% (100 basis points)
                    $1,000,000-$1,999,999                      .75% (.75 basis points)
                    $2,000,000-3,999,999                       .50% (.50 basis points)
                    $4,000,000 - Above                         Negotiable

Our Firm reserves the right to assess an annualized asset-based up to but not exceeding two percent (2.00%) if
...

Item 7 - Types of Clients

The Firm provides its services to individuals and high net worth individuals, businesses of various scale and
their retirement plans (via separate Firm disclosure document and agreement). We generally require a $50,000
minimum account size to initiate and maintain our portfolio management services (see Item 5). Our Firm
reserves the right to decline services to any prospective client for any reason.