Butensky & Cohen Financial Security Inc

FEES & COMPENSATION

     Portfolio Management

     Portfolio management is provided on an asset-based fee arrangement. Our management fee is
     calculated based on the aggregate market value of your account on the last business day of the previous
     calendar quarter multiplied by one-fourth of the corresponding annual percentage rate (i.e., 1.50% ÷
     4 = 0.375%).

     We retain discretion to negotiate the management fee under 1.50% on a client-to-client basis.
     Generally, fee breaks occur as assets in your portfolio increase past the following tiers:

                                                                                                                                                         Annual Fee
                     Account Balance                                                                                                                        Rate
                                                                                                                                                             Not to Exceed

                     Up to $500,000 ...............................................................................................................          1.50%
                     $500,001 to $1,000,000 ..............................................................................................                   1.25%
                     $1,000,001 to $5,000,000 ..........................................................................................                     1.00%
                     $5,000,001 and up.........................................................................................................              0.75%

     We generally require a minimum initial investment of $250,000.00 to open a managed account;
     however, we retain the right to waive this minimum if we feel circumstances are warranted.

     The portfolio management fee will be fully disclosed to you in an Investment Advisory Agreement prior
     to conducting any investment management services.

         Protocols for Investment Services

         The following protocols establish how we handle our portfolio management accounts and what you
         should expect when it comes to: (i) managing your account; (ii) deposits and withdrawals in/from
         your account(s); (iii) your bill for investment services; (iv) other fees charged to your account(s);
         and (iv) termination.

             Discretion
             We will establish discretionary trading authority on all management accounts to execute securities
             transactions at anytime without your prior consent or advice.

             At anytime however, you can impose restrictions, in writing, on our discretionary authority (i.e.,
             limit the types/amounts of particular securities purchased for your account, exclude the ability to
             purchase securities with an inverse relationship to the market, limit our use of leverage, etc.)

Form ADV: Part 2A                                                                                                                                     Butensky & Cohen Financial Security, Inc.
© eAdvisor Compliance, Inc. – Disclosure Brochure Design Layout. www.eadvisorcompliance.com

                                                                                                            DISCLOSURE BROCHURE

             Billing
             Your account will be billed quarterly in advance based on the above fee arrangements.
             Contributions to your account greater than $50,000 made during the calendar quarter may be
             prorated (See “Deposits & Withdrawals” below for more information.). For new managed
             accounts opened in mid-quarter, our fee will be based on a pro-rated calculation of your assets to
             be managed for remainder of the existing quarter.

             Advisory fees will be deducted first from any money market funds or cash balances. If such assets
             are insufficient to satisfy payment of such fees, a portion of the account assets will be liquidated to
             cover the fees.

             Deposits and Withdrawals
             Assets deposited by you into your managed portfolio between billing cycles will not result in
             additional management fees being billed to you unless such deposits exceed $50,000. Such
             deposits of this amount or greater, in most cases, will require modifications and adjustments to
             your investment allocation. Therefore, we reserve the right to bill your account a pro-rated fee
             based upon the number of days remaining in the current quarterly period for deposits exceeding
             the above amount.

             Withdrawals made from your managed portfolio less than $50,000, will not receive a partial
             refund of our management fees. Just as with deposits, withdrawals from your account may
             require modifications and adjustments to be made in the account to correct the allocation of assets
             in your portfolio.

             Fee Exclusions
             The above fees for all of our management services are exclusive of any charges imposed by the
             custodial firm including, but not limited to: (i) any Exchange/SEC fees; (ii) certain transfer taxes;
             (iii) service or account charges, including, postage/handling fees, electronic fund and wire transfer
             fees, auction fees, debit balances, margin interest, certain odd-lot differentials and mutual fund
             short-term redemption fees; and (iv) brokerage and execution costs associated with securities
             held in your managed account. There can also be other fees charged to your account that are
             unaffiliated with our management services.
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TYPES OF CLIENTS

     The types of clients to whom we offer advisory services to are described above under “Who We Are”
     in the Advisory Business section. Our minimum account size for portfolio management is disclosed
     above under “Portfolio Management” in the Fees & Compensation section of this Brochure.