BBJS Financial Advisors LLC

Item 5 - Fees and Compensation

BBJS Financial Advisors, LLC is a fee-only financial planning firm. By being fee only
we are strictly prohibited from receiving commission based compensation which reduces
potential conflicts of interest between our firm and our clients. Different agreements will
be used depending on the work to be done for each client. In all instances, adviser will
send the client a written invoice, including the fee, the formula used to calculate the fee,
the fee calculation itself, the time period covered by the fee, and, if applicable, the
amount of assets under management on which the fee was based. Also, adviser will
include the name of the custodian(s) on the fee invoice. Adviser will send these to the
client concurrent with the request for payment or payment of adviser’s advisory fees. We
urge the client to compare this information with the fees listed in the account statement.

BBJS Financial Advisors, LLC – WWW.BBJSADVISORS.COM – Form ADV Part 2A & Part 2B              8

Typical services we offer are listed below with a description of the applicable fees.

Investment Management: Our fees are based on a percentage of the assets under
management. The fee will be a 1% of the market value of all assets in their account on
the last trading day of each calendar quarter in arrears. All fees are negotiable. Asset
management fees may be waived on a case by case basis for smaller accounts.

The client authorizes BBJS Financial Advisors, LLC and the custodian of the assets to
charge the account for the amount of our advisory fee and to remit such fee to us in
accordance with required procedures. These fees will be deducted from the account in
which they were incurred, independently, and quarterly on a per account basis. In certain
instances, the fee may be incurred in an account but deducted from a different client
account (i.e. fees incurred in a qualified account are deducted from a taxable or non-
qualified account). The client acknowledges that it is the client’s responsibility to verify
the accuracy of the fee calculation and that the custodian will not determine whether the
fee is properly calculated. No increase in the annual fee shall be effective without re-
execution of the Adviser Agreement or amendment to it.

BBJS Financial Advisors, LLC uses Fidelity as its third party custodian for client
accounts. Fidelity generally does not charge its adviser clients separately for custody
services but is compensated by account holders through nominal commissions and other
transaction-related or asset-based fees for securities trades that are executed through
Fidelity or that settle into Fidelity accounts (i.e., transactions fees are charged for certain
no-load mutual funds, commissions are charged for individual equity and debt securities
transactions). Fidelity provides access to many no-load mutual funds without transaction
charges and other no-load funds at nominal transaction charges.

Mutual funds and ETFs also charge internal management fees, which are disclosed in a
fund’s prospectus. Such charges are exclusive of and in addition to our advisory fee.
BBJS Financial Advisors, LLC will not receive any portion of these various fees.

If a termination of the Adviser Agreement is desired the client must notify us in writing.
Termination of this Agreement will not affect (1) the validity of any action previously
taken by Adviser under the Adviser Agreement; (2) liabilities or obligations of the parties
from transactions initiated before termination of the Adviser Agreement; or (3) Client’s
obligation to pay Adviser fees (pro-rated through the date of termination). Upon the
termination of the Agreement, the Adviser will have no obligation to recommend or take
any action with regard to the securities, cash or other investments in the client account(s).

Note: Clients may terminate their Adviser Agreement within the first five business days
of signing without penalties and with a full refund.

BBJS Financial Advisors, LLC – WWW.BBJSADVISORS.COM – Form ADV Part 2A & Part 2B              9

Investment Consultation: Consultation engagements with us will be done on an hourly
basis. Our hourly rates range between $132 and $416, depending on who is performing
the service. For a typical engagement, administrative time is charged at $132 per hour,
financial planning preparation time at $288 per hour, and review time by William Serres
at $416 per hour. An estimate will be provided before any work is done and be billable
upon completion of the work. These fees are fixed and are not negotiable.

If a termination of the investment consultation agreement is desired before work is
completed the client must notify us in writing and pay the rate billed prior to the
notification of termination.

Financial Planning: All financial planning work to be done by BBJS Financial
Advisors, LLC will be done as an hourly engagement. Our hourly rates range between
$132 and $416, depending on who is performing the service. For a typical engagement,
administrative time is charged at $132 per hour, financial planning preparation time at
$196 per hour, and review time by William Serres at $416 per hour. An estimate will be
provided before any work is done and be billable upon completion of the work. These
fees are fixed and are not negotiable. Most engagements cost between $1,800 and
$2,800. Financial planning fees may be waived if a client is also an investment
management client with investable assets greater than $500,000.

If a termination of the financial planning agreement is desired before work is completed
the client must notify us in writing and pay the rate billed prior to the notification of
termination.

Item 7 – Types of Clients

This section of the brochure describes who we generally provide our services to. BBJS
Financial Advisors, LLC provides investment advisory and financial planning services to
the following types of clients:

   o Individuals and families
   o Trusts
   o Pension and profit sharing plans (other than participants); charitable organizations
     and/or foundations; and corporations, partnerships, LLCs, or other business
     entities.

BBJS Financial Advisors, LLC – WWW.BBJSADVISORS.COM – Form ADV Part 2A & Part 2B        10

BBJS Financial Advisors, LLC requires that new clients have $500,000 of investable
assets to start an Investment Management agreement. We maintain the discretion to
waive the account minimum. There are no minimum requirements for clients using us
for investment consultation or financial planning services.