Asset-based portfolio management fees are withdrawn directly from the client's accounts with client's written authorization on a monthly basis. Fees are paid in advance

Financial planning fees are paid via credit card, check, electronic funds transfer, and/or wire. Fixed financial planning fees are paid 100% in advance, or may be paid in installments, but never more than six months in advance.

A retainer equal to 50% of the estimated fees is payable at the commencement of the financial consultation. Ongoing fees are payable as invoiced and/or automatically charged annually. The fees area collected via check or wire transfer.

Clients are responsible for the payment of all third-party fees (i.e. custodian fees, brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and expenses charged by DLDDF. Please see Item 12 of this brochure regarding broker-dealer/custodian.

Within the investment allocation, DLDDF occasionally uses separately managed accounts which sometimes are handled by an independent, third-party professional money manager (the “Manager”) and held at the custodian, Altruist unless specified otherwise. In such cases, the client will enter into a separate fee agreement with the Manager in which the clients will be charged by the Manger with whom their assets are invested. The Manager’s quarterly or monthly fee will be deducted from the client’s account directly. This Manager fee is in addition to the investment advisory fee charged by DLDDF.

Clients whose assets are invested in bonds purchased directly from an underwriter or various bond desks generally pay a sales credit or sales concession to the underwriter on the trade (in lieu of a sales commission) ranging from 0-2% of the par value of the bond.

DLDDF collects fees in advance. Refunds for fees paid in advance but not yet earned will be refunded on a prorated basis and returned within fourteen days to the client via check, or return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of the fees collected in advance minus the daily rate* times the number of days elapsed in 8 the billing period up to and including the day of termination. (*The daily rate is calculated by dividing the annual asset-based fee rate by 365.)

Fixed fees that are collected in advance will be refunded based on the prorated amount of work completed at the point of termination.

Neither DLDDF nor its supervised persons accept any compensation for the sale of investment products, including asset-based sales charges or service fees from the sale of mutual funds.