Boerum Hill Financial Advisors LLC

Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
agreement with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in arrears of each calendar quarter, pursuant to the terms of the
agreement. Wealth management fees are based on the market value of assets under management at the end of
the prior calendar quarter. Wealth management fees range from 0.50% to 1.30% annually based on several
factors, including: the complexity of the services to be provided, the level of assets to be managed, and the
overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements,
portfolio restrictions and other complexities may be charged a higher fee.

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to
the end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will
take into consideration the aggregate assets under management with the Advisor. All securities held in accounts
                                            Boerum Hill Financial Advisors LLC
                                    236 Livingston Street, Suite 15G, Brooklyn, NY 11201
                                    Phone: (516) 695-1610 | http://www.boerumhillfa.com

managed by Boerum Hill will be independently valued by the Custodian. Boerum Hill will conduct periodic
reviews of the Custodian’s valuations to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to, any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However,
the Advisor shall not receive any portion of these commissions, fees, and costs.

Financial Planning Services
Boerum Hill offers financial planning services either on an hourly or fixed fee basis, or on an annual retainer
basis. Hourly fees range from $175 to $300 per hour. An estimate for total hours and total costs will be provided
to the Client prior to engaging for these services. Fixed fees are based on the expected number of hours. Annual
fees range up to $12,000. Fees may be negotiable based on the nature and complexity of the services to be
provided and the overall relationship with the Advisor.

B. Fee Billing
Wealth Management Services
Wealth management fees are deducted from the Client’s account[s] at the Custodian in arrears as agreed at the
end of the respective quarter-end date. The Advisor relies on the Custodian to deduct fees and the independent
manager performs the fee calculations. The Advisor will provide the Independent manager with the fee structure
for each Client at the time of engagement.

The amount due is calculated by applying the quarterly rate (annual rate divided by 4) to the market value of total
assets under management with Boerum Hill at the end of the prior quarter. Clients will be provided with a
statement, at least quarterly, from the Custodian reflecting the deduction of the wealth management fee. It is the
responsibility of the Client to verify the accuracy of these fees as listed on the Custodian’s brokerage statement,
as the Custodian does not assume this responsibility. Clients provide written authorization permitting advisory
fees to be deducted by Boerum Hill to be paid directly from their account[s] held by the Custodian as part of the
wealth management agreement and separate account forms provided by the Custodian.

Financial Planning Services
Financial planning fees for hourly and fixed fee engagements may be invoiced up to 100% in advance. Financial
planning fees for annual engagements are billed in advance or in arrears on a quarterly basis as agreed to with
the Client. The Advisor will not collect fees of $1200 or more for services to be performed six months or more in
advance.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Boerum Hill, in connection with
investments made on behalf of the Client’s account[s]. The Client is responsible for all securities execution and
custody fees charged by the Custodian if applicable. As of the date of this Disclosure Brochure, the Advisor’s
recommended custodian does not charge securities transaction fees for ETF and equity trades in Client
accounts, but typically charges for mutual funds and other types of investments, this may change. The fees
charged by Boerum Hill are separate and distinct from these custody and execution fees.

In addition, all fees paid to Boerum Hill for wealth management services are separate and distinct from the
expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees
for the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and
a possible distribution fee. A Client may be able to invest in these products directly, without the services of
Boerum Hill, but would not receive the services provided by Boerum Hill which are designed, among other things,
to assist the Client in determining which products or services are most appropriate for each Client’s financial
situation and objectives. Accordingly, the Client should review both the fees charged by the fund[s] and the fees
charged by Boerum Hill to fully understand the total fees to be paid. Please refer to Item 12 – Brokerage
Practices for additional information.

                                           Boerum Hill Financial Advisors LLC
                                   236 Livingston Street, Suite 15G, Brooklyn, NY 11201
...

Item 7 – Types of Clients

Boerum Hill offers wealth management services to individuals and high net worth individuals. The amount of
each type of Client is available on the Advisor's Form ADV Part 1A. These amounts may change over time and
are updated at least annually by the Advisor. Boerum Hill generally does not impose a minimum size for
establishing a relationship, however certain Independent Managers may impose a minimum fee.