Central Family Advisors LLC

Item 5 – Fees and Compensation

CENFAM’s compensation is based on a negotiated fixed fee schedule rather than on an asset-based pricing business
model. CENFAM believes that, consistent with its fiduciary duty, it is more beneficial to offer its services to clients on
a fixed-fee basis, based on the amount of assets and the level of services provided, rather than as a percentage of assets under
management. Advisory fees will generally be charged in advance every quarter. CENFAM may waive, adjust, or rebate
fees in certain situations. At CENFAM’s discretion, CENFAM may combine the account values of family members to
determine the applicable advisory fee. The fees paid to CENFAM may be reduced for CENFAM’s employees and
employees' family-related accounts.

The specific manner in which fees are charged by CENFAM is established in the client’s written Wealth Management
Agreement with the Firm. Clients are advised that other clients with similar assets may pay different fees. Clients should
also be aware that the same or similar investment services may be available from other investment advisors for a lower
or higher fee.

Clients may elect to be billed directly for fees or authorize their custodian or trustee to pay CENFAM’s invoices.
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee. Upon termination of any
account, any prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will be due and payable
under the client agreement.

CENFAM’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses that
shall be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, third-party investment

advisors, and other third parties, such as fees charged by managers, custodial fees, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
securities transactions. In addition to all other fees and expenses incurred in the management of an advisory account,
client accounts that use margin strategies will also incur interest charges. Mutual funds and exchange-traded funds
(“ETFs”) also charge internal management fees, which are disclosed in each fund’s prospectus. Such charges, fees, and
commissions are exclusive of and in addition to CENFAM’s fee, and CENFAM shall not receive any portion of these
commissions, fees, and costs. CENFAM does not receive trail commissions or mutual fund 12b-1 fees. CENFAM’s
policy is to advise clients so that they may invest in the lowest-cost available share class.
We generally recommend institutional or advisor share classes that typically have the lowest expense ratios and are
more beneficial than other share classes. When deemed appropriate for a client’s specific situation, we may at times
recommend selecting or holding a mutual fund share class that charges higher internal expenses than other available
share classes for the same family. In reviewing client’s mutual fund holdings, we will evaluate whether more beneficial
share classes may be available for the client to exchange at no cost and recommend that the client switch to lower cost
share class, if appropriate, liquidating the existing mutual fund holdings, although this could result in tax consequences,
or in the client having to pay contingent deferred charges or other redemption fees.

Fees charged to CENFAM clients by other advisors and third-party managers depend on several factors, including the
size and type of the investment, trading strategy, maturity, and risk level. Some managers may charge performance fees
on realized or unrealized gains in their portfolios. Please refer to the respective managers’ Forms ADV for additional
information. We will not assume discretionary authority to hire and fire manager(s) and/or reallocate your assets to
other managers unless you provide prior authorization to do so. CENFAM does not receive any portion of fees,
commissions, or other charges from brokers, managers, or other service providers. CENFAM does not receive fees or
commissions for recommending any securities, investments, or a particular manager.

Item 7 – Types of Clients

CENFAM provides advisory services to high-net-worth and ultra-high-net-worth clients who are generally accredited
investors, as defined in Rule 501 of the Securities Act of 1933. CENFAM’s client base consists of international clients
that reside outside of the U.S., primarily in South America and Europe.