Woodfield Financial Advisors Inc

Item 5 Fees and Compensation

Description
Woodfield Financial Advisors, Inc. investment advisory fees are charged as a percentage
of assets under management. The quarterly Investment Advisory Agreement fee is based
on a percentage of the investable assets according to the following schedule: For
services rendered, Advisor will debit a quarterly fee equal to 0.25%* (1% annual rate) of
the account invested asset value at the beginning of the preceding quarter, adjusted for
cash flows in/out of the account during the quarter (dividend and capital gain distribution

activity is excluded from this calculation). [*applicable to the first $5 million aggregate
client account(s) invested balance for all accounts held at Fidelity WealthScape, a
quarterly fee of 0.20% (0.80% annual rate) applies to the aggregate client invested
balance that exceeds $5 million asset value. A quarterly fee of 0.125% (0.50% annual
rate) applies to the aggregate client invested balance that exceeds $10 million asset
value.

An advisory client has the right to terminate the contract without penalty within 5
business days after entering the contract and no fee will be charged. After 5 days
advisory fees will be pro-rated.

Woodfield Financial Advisors, Inc. may also earn commissions from the sale of insurance
products. ADVISORY FEES ARE NOT CHARGED ON PRODUCTS THAT PAY A
COMMISSION. The practice of selling investments that pay a commission represents a
conflict of interest and gives us an incentive to recommend investment products based
on the compensation received, rather than on a client’s needs. We disclose the fact that
we are receiving a commission to you when applicable. In the majority of situations, we
recommend no-load mutual funds. You have the option to purchase investment products
that we recommend through other brokers or agents that are not affiliated with us.

Fees are not negotiable.

Fee Billing
Investment management fees are billed quarterly, in ARREARS, meaning that we
charge your account AFTER the three-month billing period has ENDED. Fees are
deducted from a designated client account to facilitate billing. The client must consent in
advance to direct debiting of their investment account.

Other Fees
Custodians may charge transaction fees on purchases or sales of certain mutual funds
and exchange-traded funds. These transaction charges are usually small and incidental
to the purchase or sale of a security. The selection of the security is more important than
the nominal fee that the custodian charges to buy or sell the security.

Woodfield Financial Advisors, Inc., in its sole discretion, may waive its minimum fee
and/or charge a lesser investment advisory fee based upon certain criteria (e.g.,
historical relationship, type of assets, anticipated future earning capacity, anticipated
future additional assets, dollar amounts of assets to be managed, related accounts,
account composition).

Hourly Planning Engagements
Woodfield Financial Advisors, Inc. provides hourly planning services for clients who
need advice on a limited scope of work. The hourly rate for limited scope engagements
is $350. An advisory client has the right to terminate the contract without penalty within 5
business days after entering the contract. If the client is dissatisfied for any reason no
hourly fee will be charged.

Single Fee Planning Engagements
Woodfield Financial Advisors, Inc., offers single fee planning engagements where a client
pays a pre-determined fee for a certain scope of work completed. This fee is agreed
upon before the engagement and ranges from $600 to $15,000 depending on scope and
complexity. The fee is only payable at the time a client is 100% satisfied with the work
completed. No money is accepted up-front for such engagements. The fee may be
discounted for clients who decide to continue as investment advisory clients.

Expense Ratios
Mutual funds generally charge a management fee for their services as investment
managers. The management fee is called an expense ratio. For example, an expense
ratio of 0.50 means that the mutual fund company charges 0.50% for their services.
These fees are in addition to the fees paid by you to Woodfield Financial Advisors, Inc.
Performance figures quoted by mutual fund companies in various publications are all net
of their fees.

Item 7 Types of Clients
Woodfield Financial Advisors, Inc. generally provides investment advice to individuals,
companies, pension and profit-sharing plans, trusts, estates, charitable organizations,
corporations and business entities.

Client relationships vary in scope and length of service ranging from a one- time
consultation to a 35-year + relationship.