Warm Springs Advisors Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding my firm’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service may be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and Warm
Springs Advisors.

We believe our fees for investment advisory services are reasonable with respect to the services provided
and the fees charged by other investment advisors offering similar services. However, lower fees for
comparable service may be available from other sources.

Warm Springs Advisors Inc.                        Page 6                        Form ADV Part 2A Firm Brochure

Fees for Investment Advisory Services

Fees charged for our comprehensive Investment Advisory Services are charged based on a percentage
of assets under management, billed in arrears (at the end of the billing period) on a quarterly calendar
basis and calculated based on the average daily balance of your account during the previous billing
period. Fees are prorated (based on the number of days service is provided during the initial billing
period) for your account opened at any time other than the beginning of the billing period. If asset
management services are commenced in the middle of the billing period, then the prorated fee for that
billing period will be billed in arrears at the end of that billing period.

The investment advisory services continue in effect until terminated by either party by providing notice of
termination to the other party. When fees are billed in arrears, Warm Springs Advisors will prorate the
final fee payment based on the number of days services are provided during the final period. The amount
of client assets on the termination date will be used to determine the final fee payment.

Fees charged for our investment advisory services are negotiable based on the type of client, the
complexity of the client's situation, the composition of the client's account (i.e., equities versus mutual
funds), the potential for additional account deposits, the relationship of the client with the investment
adviser representative, and the total amount of assets under management for the client.

The annual fee for asset management services will range from 0.90% to 1.0%, depending on the factors
described above, and will be agreed upon by Warm Springs Advisors and the client prior to the
commencement of asset management services.

Warm Springs Advisors believes that its annual fee is reasonable in relation to: (1) services provided and
(2) the fees charged by other investment advisers offering similar services/programs. However, my
annual investment advisory fee may be higher than that charged by other investment advisers offering
similar services/programs. In addition to my compensation, you may also incur charges imposed at the
mutual fund level (e.g., advisory fees and other fund expenses).

You can choose how to pay your investment advisory fees. The investment advisory fees can be
deducted from your account and paid directly to our firm by the qualified custodian(s) of your account or
you can pay our firm upon receipt of a billing notice sent directly to you.

If you choose to have the investment advisory fees deducted from your account, you must authorize the
qualified custodian(s) of your account to deduct fees from your account and pay such fees directly to
Warm Springs Advisors. Our firm will send you a billing statement prior to time that fee deduction
instruction is sent to the qualified custodian(s) of your account. The billing statement will detail the
formula used to calculate the fee, the assets under management and the time period covered. See Item

Item 7 – Types of Clients

Warm Springs Advisors generally provides investment advice to the following types of clients:

    •    Individuals
    •    High net worth individuals

You are required to execute a written agreement with Warm Springs Advisors specifying the particular
advisory services in order to establish a client arrangement with Warm Springs Advisors.

Minimum Investment Amounts Required

There are no minimum investment amounts or conditions required for establishing an account managed
by Warm Springs Advisors. However, all clients are required to execute an agreement for services in
order to establish a client arrangement with Warm Springs Advisors and/or the third-party money
manager or the sponsor of third-party money manager platforms.