Core Wealth Partners LLC

ITEM 5: FEES AND COMPENSATION

Advisory Fees & Billing Practices
Fees for investment management services are calculated as a percentage of assets under management.
Our standard fee schedule is:

                Assets under Management                                Annual Fee
                On the first $2 million                                   1.00%
                On values from $2,000,001 - $5,000,000                    0.75%
                On values over $5 million                                 0.50%

Fees are billed quarterly in advance or arrears, in accordance with the agreement signed with each client.

Financial planning services are included in these fees.

In addition to the above fees, you will be responsible for paying fees for the subadvisor chosen to manage
assets. Generally, these fees range from 0.50% to 2%, and are dependent on the investment strategy of
the subadvisor. Clients will sign an investment management agreement with the subadvisor that details
the fees that will be charged. In addition, the client will receive the Part 2 disclosure document for each
subadvisor. At no time will the combined fee paid to Core Wealth and the subadvisor(s) exceed 3% of
the assets under management.

We generally require that you provide authorization for us to deduct our fees directly from your
investment account. Following is important information about the deduction of management fees:

       You must provide authorization for us to deduct fees by initialing the appropriate section of our
        contract.

       You will receive a statement from your custodian which shows all transactions in your account,
        including the deduction of our fees.

       You are responsible for reviewing the accuracy of the fees being billed, as the custodian will not
        do so.

You can elect to pay by check rather than having payment deducted directly from your account.

You can end our advisory relationship by providing 30 days written notice. We will prorate the advisory
fees earned through the termination date and send you a refund of the prepaid, unearned portion of your
fee. We process refund payments within 30 days of the termination date and will send you a check or
refund your investment account. In either case we will provide a final invoice detailing the calculation of
the refund.

You can cancel our financial planning services at any time by providing written notice.

Other Costs Involved
In addition to our advisory fee shown above, you are responsible for paying fees associated with investing
for your account. These fees include:

     mutual fund loads (if applicable). These charges are paid to brokers as a form of commission.

     management fees for ETFs and mutual funds. These are fees charged by the managers of the ETF
      or mutual fund and are a portion of the expenses of the ETF or mutual fund.

     management fees for other and/or direct investments. These are fees charged by the managers of
      the investments we recommend.

     brokerage costs and transaction fees for any securities or fixed income trades. These are
      generally charged by your custodian and/or executing broker.

Additional information about brokerage costs and services is provided in “Item 12: Brokerage Practices.”

We believe the fees mentioned above are competitive; however you may be able to obtain similar services
from other sources at a lower price.

Conflicts of Interest
We have a conflict of interest when providing financial planning advice. When you implement the
financial plan through us, we receive the customary fees as disclosed above. You are under no obligation
to engage Core Wealth to implement the plan.

Persons affiliated with us are licensed insurance agents ("Agents") and, as such, are affiliated with various
other companies that provide various insurance products and annuities. You are under no obligation to
implement insurance recommendations. If you elect to implement insurance through Agents, they will
receive the normal and customary commissions. In these situations, a conflict of interest exists between
the interests of the client and Agents. No management fee is charged by Core Wealth for assets placed in
commission-based insurance products.

Neither Core Wealth nor our affiliated persons receive compensation, other than the fees mentioned
above, for the sale of insurance or other investment products.

ITEM 7: TYPES OF CLIENTS

Our clients are typically individuals, trusts, pension plans and small business. Generally we require that
clients place a minimum of $250,000 under management with us. However, we may waive that minimum
at our sole discretion.