EN Enterprises LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management             Annual Fees
        $0 - $24,999                              up to 1.00%

        $25,000 - $999,999                        up to 1.00%

        $1,000,000 - and UP                       up to 1.00%

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of LFWM's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 5 days' written notice.

B. Payment of Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in advance.
Quarterly fee = (Annual fee percentage / 4) x amount of assets under management.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by LFWM. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

LFWM collects fees in advance. Refunds for fees paid in advance but not yet earned will
be refunded on a prorated basis and returned within fourteen days to the client via check,
or return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
the fees collected in advance minus the daily rate* times the number of days elapsed in
the billing period up to and including the day of termination. (*The daily rate is calculated
by dividing the annual asset-based fee rate by 365.)

E. Outside Compensation For the Sale of Securities to Clients

David James Lane in his outside business activities (see Item 10 below) is licensed to accept
compensation for the sale of investment products to LFWM clients. This presents a conflict
of interest and gives the supervised person an incentive to recommend products based on
the compensation received rather than on the client’s needs. When recommending the sale
of securities or investment products for which the supervised persons receives
compensation, LFWM will document the conflict of interest in the client file and inform
the client of the conflict of interest. Clients always have the right to decide whether to
purchase LFWM-recommended products and, if purchasing, have the right to purchase
those products through other brokers or agents that are not affiliated with LFWM.

Commissions are not LFWM’s primary source of compensation for advisory services.
Advisory fees that are charged to clients are not reduced to offset the commissions or
markups on securities or investment products recommended to clients.

Item 7: Types of Clients

LFWM generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations or Business Entities

There is no account minimum for any of LFWM’s services.