Whipplewood Advisors LLC

Item 5.

The fees for our investment management are based on an annual percentage of assets
and are applied to the account asset value on a pro-rata basis. WWA's advisory fees are
billed quarterly in arrears based on the quarter end value of the account(s) under our
Firm’s management. Unless otherwise agreed upon and stated in the Investment
Management Agreement, fees are assessed on all assets under management, including
securities, cash and money market balances. When applicable and noted in the
Investment Management Agreement, legacy positions can be excluded from the fee
calculation.

Our maximum annual advisory fee is for accounts paying a percentage of assets under
management is 1.15% and the specific advisory fees are set forth in your Investment
Advisory Agreement. Fees may vary based on the size of the account, complexity of the
portfolio, extent of activity in the account or other reasons agreed upon by us and you as
the client. Our employees and their family-related accounts are charged a reduced fee for
our services.

The client may initiate negotiation of our advisory fees, but it is ultimately agreed upon
between the firm and the client. An exception are any assets held in a client directed sub-
account. In the event of termination, any fees due to the Advisor will be deducted from
the Client’s account prior to termination.

Unless otherwise instructed by the Client, we will aggregate related client accounts for
the purposes of determining the account size and annualized fee. The common practice
is often referred to as “householding” portfolios for fee purposes and may result in lower
fees than if fees were calculated on portfolios separately. Our method of householding
accounts for fee purposes looks at the overall family dynamic and relationship. When
applicable and noted in the Investment Management Agreement, concentrated stock
positions may also be excluded from the fee calculation.

The independent qualified custodian holding your funds and securities will debit your
account directly for the advisory fee and pay that fee to us. You will provide written
authorization permitting the fees to be paid directly from your account held by the
qualified custodian. At our discretion, you may pay the advisory fees directly to our Firm
by check. Further, the qualified custodian agrees to deliver an account statement to you

              WhippleWood Advisors, LLC 11852 Shaffer Drive, Building B | Littleton, CO 80127
                                       FORM ADV 2A Brochure

on a quarterly basis indicating all the amounts deducted from the account including our
advisory fees.

Either party giving written or verbal notice to the other may cancel the Investment
Advisory Agreement at any time for any reason. Notice given by the client shall be
effective upon actual receipt by WWA at the address specified on the Investment Advisory
Agreement or the then current address. The advisory fee will be pro-rated to the date of
termination, for the day in which the cancellation notice was given and the earned fee
billed to your account as indicated in your Agreement. Upon termination, you are
responsible for monitoring the securities in your account, and we will have no further
obligation to act or advise with respect to those assets. In the event of client’s death or
disability, our Firm will continue management of the account until we are notified of
client’s death or disability and given alternative instructions by an authorized party.

In no case are our fees based on, or related to, the performance of your funds or
investments.

Financial Planning Fees
Most financial planning services by our firm are included for households with over
$1,000,000 under our Firm’s management. For households with under $1,000,000 under
our Firm’s management, WWA will bill for financial planning. In this circumstance, we will
negotiate the planning fees with you. Fees may vary based on the extent and complexity
of your individual or family circumstances and the amount of your assets under our
management. Our fee will be agreed in advance of services being performed. The fee will
be determined based on factors including the complexity of your financial situation,
agreed upon deliverables, and whether or not you intend to implement any
recommendations through WWA. Financial Planning fees are fixed fees or variable fees
and range from $2,500 to $75,000. In some cases, more complex planning is needed in
the areas of financial planning, estate planning or real estate consulting. In these cases,
our fees typically start at $10,000 and can reach $75,000, or conceptually higher
depending on the client’s needs. The specific fixed fee for your financial plan is specified
in your planning agreement with WWA. WWA has discretion to waive Financial Planning
fees for existing client relationships.

The type of fee and -- in the case of a fixed fee -- the amount must be agreed to prior to
the signing of the financial planning agreement. The agreed upon fee is billed in arrears
either quarterly or semiannually. The initial first year fees range between $2,500 and
$75,000, except in the more complex cases. Typically, we complete a plan within a
quarter and will present it to you within 90 days of the contract date, if you have provided
us with all information needed to prepare the financial plan. Fees will be billed with terms
as outlined in our engagement letter as time in incurred, or at the end of the project.

              WhippleWood Advisors, LLC 11852 Shaffer Drive, Building B | Littleton, CO 80127
                                       FORM ADV 2A Brochure

WWA’s does not bill in advance for any consulting work. WWA has the discretion to waive
the financial planning and consulting fee, depending on the client relationship.

If you choose to terminate the financial planning agreement by providing us with written
notice. Upon termination, fees will be prorated to the date of termination and any earned
...

ITEM 7 - TYPES OF CLIENTS
We provide investment advice to individuals, high net individuals, charitable
organizations, estates and trusts. We have no minimum initial account value for opening
an account with our firm.

               WhippleWood Advisors, LLC 11852 Shaffer Drive, Building B | Littleton, CO 80127
                                        FORM ADV 2A Brochure