Boston Family Advisors LLC

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

A. Fees for Advisory Services
Family Office Services
BFA offers Family Office Services as an ongoing engagement, or a one-time project-based
engagement, with each Client. Fees are charged monthly, quarterly, or annually ("Billing Period") either
in advance or in arrears, pursuant to the terms of the Family Office Services agreement. Fees for
Family Office Services are billed at an annual fixed fee of up to $500,000. Fees are based on the
nature and complexity of the services to be provided and the overall relationship with BFA. An estimate
for total costs will be provided to the Client prior to engaging BFA for these services.

Investment Management Services
Fees for Investment Management Services are billed at an annual fixed fee and are charged monthly,
quarterly, or annually ("Billing Period") either in advance or in arrears, pursuant to the terms of the
Investment Management Services agreement. The fixed fee is based on several factors, including: the
complexity of the services to be provided, the level and type of assets to be managed, and the overall
relationship with BFA. Under no circumstances will the fixed fee exceed 1.00% of the assets under
management. Fees may be negotiable at the sole discretion of BFA.

When BFA provides Investment Management Services to BFA Trust Services' Clients, fees are billed
up to 1.00% annually and are payable quarterly in advance. The fee is based on several factors,
including: the complexity of the services to be provided, the level and type of assets to be managed,
and the overall relationship with BFA.

In the first Billing Period of service, the investment management fee is prorated from the inception date
of the account[s] to the end of the first Billing Period. The Client's fees will take into consideration the
aggregate assets under management with BFA.

BFA'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, BFA shall not receive any portion of these commissions, fees, and costs.

Private Investment Funds
To qualify for an investment in the Fund an Investor to the Fund must be a qualified purchaser, as
defined within the meaning of Section 2(a)(51) of the Investment Company Act of 1940. For a full
description of the applicable fees, including performance-based fees, and expenses charged to the
Fund, Investors should review the associated offering documents. BFA does not charge a separate
management fee to Investors who are also Clients for investment management services to the Fund.
BFA also waives its performance-based fee for Investors who are also Clients. However, Investors will
be subject to management fees paid to the underlying fund(s) of up to 2.50% of the Investors' capital or
capital commitment and a performance-based fee of 20%, calculated based on a share of capital gains
or capital appreciation of the assets of the Fund.

Other Expenses: The Fund will generally pay all fees, costs, expenses, and liabilities relating to the
operation of the Funds, including the third-party administrator fees, accountant fees and fees related to
potential investments paid to third parties.

Performance-Based Compensation: Refer to Item 6 – Performance-Based Fees and Side-By-Side
Management, of this brochure.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Client's overall fees may
include BFA's investment advisory fee (as noted above) plus investment management fees and/or
platform fees charged by the Independent Manager[s], The BFA does not share in these fees nor have
the ability to negotiate these fees. BFA will ensure the Client receives all disclosures regarding BFA's
fees and the Independent Manager's fees. Clients should refer to the Independent Manager's Form
ADV Part 2A for additional information regarding fees.

B. Fee Billing
Family Office Services
BFA will invoice Clients directly for its Family Office Services fees. Fees are invoiced monthly,
quarterly, or annually either in advance or in arrears, pursuant to the terms of the Family Office
Services agreement. Fees for a one-time project-based engagement are invoiced at one hundred
percent (100%) of the total fee at the time the Client enters into the Family Office Services agreement.

Investment Management Services
BFA will invoice Clients directly for its Investment Management Services fees. Fees are invoiced
monthly, quarterly, or annually either in advance or in arrears, pursuant to the terms of the Investment
Management Services agreement.

Where a Client elects to have its fees deducted from its account[s] at the Custodian, BFA shall send an
invoice to the Custodian indicating the amount of the fees to be deducted from the Client's account[s]
at the respective Billing Period date. In addition, BFA will provide the Client an invoice itemizing the
fee, including the service period covered by the fee. Clients are urged to also review and compare the
statement provided by BFA to the brokerage statement from the Custodian, as the Custodian does not
perform a verification of fees. Clients provide written authorization permitting BFA to be paid directly
from their account[s] held by the Custodian as part of the Family Office Services agreement and/or the
Investment Management Services agreement and separate account forms provided by the Custodian.

Private Investment Funds
Clients should refer to the associated offering documents regarding the Fund's fees and related
disclosures.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Client's overall fees may
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Item 7 Types of Clients
BFA offers advisory services to individuals, high net worth individuals, families, trusts, estates, and
pooled investment vehicles. The amount of each type of Client is available on BFA's Form ADV Part
1A. These amounts may change over time and are updated at least annually by BFA. In general, BFA
does not require a minimum dollar amount to open and maintain an advisory account. The minimum
investment amount in BFA Private Opportunities Fund I, LP is $100,000. BFA can accept lesser
amounts in its sole discretion.