Family CFO LLC

Item 5   Fees and Compensation

Overview
Family CFO LLC is a fee-only investment advisor managed by Jane S. Murphy and Heather L. Micati. The
fee schedule and terms depend on the type of client arrangement, as described below.

Investment Management Clients -- Discretionary
Discretionary investment management clients pay an annual fee based on assets under management,
according to the following schedule:

    • 1.25% of market value of equities up to $2,000,000
    • 1.00% of market value of equities over $2,000,000
    • 0.35% of market value of fixed income

Unless otherwise agreed upon with our Clients, these fees are deducted directly from Client's account on a
quarterly basis at the beginning of each quarter. Each Client is sent notice of this deduction. In the event
of the termination of the Agreement before a quarterly period, the amount of the fee payable shall be
pro-rated as of the date of termination and the remainder refunded to the Client. The client may at any time
terminate the discretionary authority of the Advisor.

The above listed fees are in addition to fees and expenses charged by mutual funds as disclosed in the
fund's prospectus or charges by the custodian.

Investment Management Clients -- Non-Discretionary
Fees for investment advisory services not provided under a discretionary investment management contract
and fees for advice on financial matters not involving securities are billed either on an hourly fee basis or
retainer basis. Hourly fees for these services are billed at $390/hour (principal) and $250/hour (associate).
Retainer fees are negotiated on an individual basis and depend on the complexity of a client's situation.
Fees for tax compliance are also negotiated on an individual basis and depend on the complexity of a
client's particular situation.

Retainer fees are billed quarterly, in advance. Hourly fees are billed monthly in arrears. Typically the client
chooses to remit payments for these arrangements to advisor via check.

Other Fees
Neither the Advisor nor any of the Advisor's supervised persons charge or accept commissions for the sale
of securities, mutual funds or other investment products.

Item 7       Types of Clients

Family CFO LLC offers services primarily to individuals, trusts and estates. Advisor works with clients in a
variety of ways according to the particular needs and situation of the client:

    • Discretionary investment advisory services: the client appoints us to supervise and direct
        investments for their account(s).
    • Non-discretionary investment advisory services: under this type of agreement, we consult with a
        client regarding their investment objectives and render advice concerning their investments.