Wilmington Capital Securities LLC

Item 5: Fees and Compensation

A. & B. Method of Compensation and Fee Schedule and Client Payment of Fees

Asset Management Fees
Pursuant to an investment advisory contract signed by each client, the client will pay WCS
a management fee, payable in advance, on either a monthly or quarterly basis, based on the
value of portfolio assets of the account managed by WCS, as of the opening of business on
the first business day of each month or on the first business day of each quarter. The annual
management fee will be in the range of 0.5% to 2.0%. WCS may negotiate fees under
certain circumstances, at its sole discretion. Asset management fees will be automatically
deducted from the client account on a monthly or quarterly basis by the qualified custodian
based on instructions from WCS. As part of the account establishment process, the client
will give written authorization permitting WCS to be paid directly from their account held
by the custodian according to this process.

Hourly Fees
Some clients may contract to have financial planning advice and/or business consulting
services based on an hourly fee rather than based on the assets under management. WCS’s
hourly fee will be billed at a rate of $150 - $350 per hour and will be negotiated and agreed
upon by the parties in advance. Hourly fee-based clients are billed one half of the fee at the
time of signing the Agreement with WCS and the other one half upon delivery of the
financial plan or written report to the client or conclusion of the project. If the final fee is
not paid by the client at the delivery of the financial plan or written report or conclusion of
the project, the client is required to pay the fee within 5 days of delivery of the financial
plan or written report or conclusion of the project. The fee will be based upon the
anticipated number of hours it will take to complete the financial plan or project, the
complexity, and other factors. If the client terminates the Agreement with WCS prior to
WCS's completion of the financial plan or project, any fees due WCS will be invoiced to
the client and payable within 5 days of delivery of the invoice. If WCS completes the
financial plan or project in less time than originally planned, WCS will refund to the client
a pro-rata share of the fee the client paid. WCS will refund the pro-rata fee to the client
within 5 days of delivery of the financial plan or written report or project conclusion. Under
no circumstances will WCS charge more than $1,200 more than 6 months in advance.

Fixed Fees
WCS may charge a fixed fee for comprehensive financial planning services or business
consulting in the range $750 to $2,500 per plan or project as contracted for with client in
advance. Fixed fees may be negotiated in advance based at the discretion of WCS. Fixed
fee-based clients are billed one half of the fee at the time of signing the Agreement with
WCS and the other one half upon delivery of the financial plan or completion of the project.
If the final fee is not paid by the client at the delivery of the financial plan or completion of
the project, the client is required to pay the fee within 5 days of delivery of the financial
plan or completion of the project. If the client terminates the Agreement with WCS prior to
WCS's completion of the financial plan or project, any fees due WCS will be invoiced to
the client and payable within 5 days of delivery of the invoice. If WCS completes the
financial plan or project in less time than originally planned, WCS will refund to the client
a pro-rata share of the fee the client paid. WCS will refund the pro-rata fee to the client

within 5 days of delivery of the financial plan or project. Under no circumstances will
WCS charge more than $1,200 more than 6 months in advance.

C. Additional Client Fees Charged

WCS derives its revenue from asset based, fixed or hourly fees as described above. In
addition to these fees, The Custodians charge custodial fees, transaction and other
brokerage or miscellaneous fees such as inactivity fees and account transfer fees. The Client
is responsible for paying the additional fees charged by the Custodian. WCS may receive a
portion of these fees charged by the Custodian, which creates a conflict of interest. A full
description of these fees, and the portion receivable by WCS, is available on request.

D. Prepayment of Client Fees

WCS’s management fee is payable in advance. Upon termination, fees paid in advance will
be prorated to the date of termination and any unearned fees will be refunded to client.

E. External Compensation for the Sale of Securities to Clients

Where acting in the capacity of a registered representative, investment advisory
representatives of WCS may as broker or agent effect securities transactions for typical and
customary compensation.      Clients are not obligated to use investment advisory
representatives of WCS to execute such securities transactions.

Investments in securities such as mutual funds may include 12b-1 fees received by WCS as
additional compensation for transactions involving certain share classes. This practice
presents a conflict of interest by creating an incentive to recommend investment products
based on the compensation received, rather than on a client’s needs. To address this
conflict, WCS requires its associated persons to recommend only institutional or advisory
shares that do not provide any additional or variable compensation. WCS has implemented
control procedures to ensure the application of this policy is uniform across all advisory
accounts. Furthermore, WCS has instructed its clearing firm, RBC Clearing & Custody, to
rebate its advisory clients any of the 12b-1 fees received by the Firm for all transactions
relating to mutual funds.

WCS also receives a portion of the interest charged on cash sweep programs offered by its
clearing firm. These programs are a default part of the investment account and will
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Item 7: Types of Clients

WCS intends to provide advisory services to the following types of clients:

           •   Individuals (other than high net worth individuals); High net
               worth individuals;
           •   Pensions and profit-sharing plans;
           •   Trusts, estates, and charitable organizations; and Corporations
               and business entities

WCS does not have any minimum requirements for opening or maintaining an account.