Core Wealth Advisors Inc

Item 5 - Fees and Compensation

General Fee Information
Fees paid to us are exclusive of all custodial and transaction costs paid to your custodian, brokers or
other third-party consultants. Please see Item 12 – Brokerage Practices for additional
information. Fees paid to us are also separate and distinct from the fees and expenses charged by

mutual funds, ETFs (exchange traded funds) or other investment pools to their shareholders
(generally including a management fee and fund expenses, as described in each fund’s prospectus
or offering materials). You should review all fees charged by funds, brokers, CORE Wealth Advisors
and others to fully understand the total amount of fees paid by you for investment and financial-
related services.

Financial Planning Fees
When we provide stand-alone financial planning services to you, these fees are negotiated at the
time of the engagement for such services and are normally an hourly fee based on the scope of the
engagement.

Wealth Management Fees
The standard annual fee schedule, based on a percentage of assets under management, is 1.50%.
There is no minimum annual fee for any account. We may, at our discretion, make exceptions to the
foregoing or may negotiate special fee arrangements where we deem appropriate under the
circumstances.

Portfolio management fees are generally payable quarterly in advance and are calculated based on
the value of your portfolio on the last day of the prior quarter. Fees are rounded up or down to the
nearest dollar and are prorated for cash flows in excess of $10,000 (in or out of the portfolio)
occurring the prior quarter. If management begins after the start of a quarter, fees will be prorated
accordingly. With your authorization, unless other arrangements are made fees are normally
debited directly from your account(s).

Either you or CORE Wealth Advisors may terminate your Investment Management Agreement at
any time, subject to any written notice requirements in the agreement. In the event of termination,
any paid but unearned fees will be promptly refunded to you based on the number of days that the
account was managed, and any fees due to us from you will be invoiced or deducted from your
account prior to termination.

Separate Account Manager Fees
In instances where the services of a Separate Account Manager are utilized, the Separate Account
Manager fees will be charged in addition to our fee and will be detailed in the Management
Agreement signed by you.

Trust Service Fees
We refer clients in need of Trust services to Sarasota Private Trust Company d/b/a CORE Wealth
Trust Company. We do not receive a fee for the referral, but Sarasota Private Trust Company d/b/a
CORE Wealth Trust Company will engage CORE Wealth Advisors to manage the investable funds of
the Trust. We will assess our typical Wealth Management fees (described above) for this service.

Tax Planning Fees
When we provide tax planning services to you, these services are generally separate from our
financial planning and wealth management services. Fees for tax planning are negotiated at the
time of the engagement for such services and are normally based on an hourly or fixed fee basis.

Item 7 - Types of Clients

We serve individuals, high net worth individuals, corporations, and charitable organizations. We
do not generally impose a minimum portfolio value for conventional investment advisory services
or a minimum fee.