Your Advocates Ltd LLP

Item 5 – Fees and Compensation
   A. Advocates Wealth Planning generally charges fees in two different ways under two separate
       contracts.

           1. Fees for investment management and financial planning are blended rates. The majority
              of Advocates Wealth Planning’s clients are subject to the following fee schedule:

                   Assets Under Management         Annualized Fee
                   First $500,000                 1.20%
                   $500,001-$1,000,000            0.90%
                   $1,000,001-$2,000,000          0.70%
                   $2,000,001-$5,000,000          0.50%
                   $5,000,001 - $10,000,000       0.40%
                   Over $10,000,000               Negotiable

                   As mentioned, these are incremental rates. For example: Exactly $1,900,000 in
                   assets managed for exactly one year would result in an annual fee of $500,000 x
                   1.20% = $6,000 plus $500,000 x 0.90% = $4,250 plus $900,000 x 0.70% = 6,750 for a
                   total fee of $16,500 and a rate of 0.868% ($16,500 fee divided by $1,900,000 in
                   assets). Fees are billed quarterly in advance and are subject to change with 30 days
                   written notice. Fees are not negotiable. If a client is charged a fee less than
                   Advocates Wealth Planning’s standard fee schedule, it is normally expressed as a

                professional courtesy discount on client’s annual Fee Schedule (this is applicable to
                the firm’s family members only).

             a. Minimum Fee: Clients engaging Advocates Wealth Planning are subject to a
                minimum fee of $5,000, which is the equivalent of $416,666.67 in assets under
                management.

             b. Advocates Wealth Planning considers cash to be an asset class and cash in managed
                accounts is included our client AUM fee calculation. At times, the fee on cash will
                exceed the money market yield.

       2. A small number of Advocates Wealth Planning’s clients are under different arrangements
       for ongoing financial planning and investment management services. The terms of those
       arrangements are governed by a signed Investment Advisory Agreement that is executed
       with the individual client at the time of engagement.

B. The specific manner in which investment advisory fees are charged by Advocates Wealth
   Planning is established in a client’s written agreement with Advocates Wealth Planning.
   Advocates Wealth Planning bills its fees on a quarterly basis. Clients are billed in advance each
   calendar quarter and fees are deducted from client accounts. Clients may have the option to pay
   these fees outside of this arrangement.

C. Advocates Wealth Planning’s investment advisory fees are exclusive of brokerage commissions,
   transaction fees, and other related costs and expenses which shall be incurred by the client.
   Clients may incur certain charges imposed by custodians, brokers, third party investment and
   other third parties such as fees charged by managers, custodial fees, deferred sales charges, odd-
   lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes
   on brokerage accounts and securities transactions. Mutual funds and exchange traded funds
   also charge internal management fees, which are disclosed in a fund’s prospectus.

   Such charges, fees and commissions are exclusive of and in addition to Advocates Wealth
   Planning’s fee, and Advocates Wealth Planning shall not receive any portion of these
   commissions, fees, and costs.
   Item 12 further describes the factors that Advocates Wealth Planning considers in selecting or
   recommending broker-dealers for client transactions and determining the reasonableness of
   their compensation (e.g., commissions).

D. Clients must pay fees in quarterly in advance. Management fees shall be prorated for each
   capital contribution and withdrawal over $10,000 made during the applicable calendar quarter.
   Accounts initiated or terminated during a calendar quarter will be charged or refunded a
   prorated fee. When a client terminates an account or accounts, the client will be entitled to a

       pro rata refund of any pre-paid quarterly fee based upon the number of days remaining in the
       quarter after termination. Upon termination of any account, any prepaid, unearned fees will be
       promptly refunded.

   E. Advocates Wealth Planning does not accept or receive any compensation for the sale of
      securities or other investment products.

Item 7 – Types of Clients
Advocates Wealth Planning Services provides portfolio management services to individuals and high net
worth individuals. The majority of our clients are high net worth individuals. Advocates Wealth Planning,
in its sole discretion, may charge a lesser investment advisory fee and/or charge a flat fee based upon
certain criteria (i.e. anticipated future earning capacity, anticipated future additional assets, dollar
amount of assets to be managed, related accounts, account composition, competition, negotiations with
client, etc.).

As result of the above, similarly situated clients could pay different fees. In addition, similar advisory
services may be available from other investment advisers for similar or lower fees.

In the event that client is subject to the $5,000 annual minimum fee, the client could pay a higher
percentage advisory fee than the 1.20% referenced in the above fee schedule.