Financial Futures Limited Liability Company

ITEM 5. FEES AND COMPENSATION

    Description
      FFLLC is a fee-only firm. No commissions or income is accepted from any
      third parties. Neither FFLLC or any supervised persons accept compensation
      for the sale of securities or other investment products, including asset-based
      sales charges or services fees from the sale of mutual funds. All fees are paid
      directly by clients. These fees are based on a percentage of assets under
      management, hourly charges, and/or fixed fees.
       Financial Planning:
       The initial financial planning fee is priced according to the degree of
       complexity associated with the client’s situation and typically ranges from
       $2,500-$5,000. This fee is payable upon initial engagement
       The hourly rate for limited scope engagements is $300 - $500.
       Investment Management
       On-going fees are based on a percentage of the investable assets at the end
       of each quarter and billed in arrears according to the following schedule:
               0.25% assets up to $3,000,000;
               0.225% assets between $3,000,000 to $5,000,000;
               0.1875% assets between $5,000,000 to $10,000,000;
               0.15% assets between $10,000,000 to $15,000,000
               0.125% assets above $15,000,000.

       The minimum quarterly fee is $2,000.
       Current client relationships may exist where the fees are higher or lower than
       the fee schedule above.
       Lower fees for comparable sources may be available from other sources.

    Fee Billing
       An initial financial planning fee is due upon execution of the Financial
       Planning Relationship Agreement. The amount of this fee is based on the

                      Financial Futures Limited Liability Company

       complexity of the client’s financial situation and is detailed in the Client
       Agreement.
       After the initial written financial plan is completed, on-going fees are billed
       quarterly, in arrears, meaning that we invoice you after the billing period has
       ended. Payment in full is expected upon invoice presentation. Fees are
       usually deducted from a designated client account(s) to facilitate billing. The
       client must consent in advance to direct debiting of their account.

    Other Fees
       Custodians may charge transaction fees on purchases or sales of certain
       investments. These transaction charges are usually small and incidental to
       the purchase or sale of a security. The selection of the security is more
       important than the nominal fee that the custodian charges to buy or sell the
       security. Please refer to Item 12 of this Brochure for more information.
       Certain investments (for example, mutual funds) may charge annual
       operating expenses or management fees usually calculated as a percentage
       of the investment and sometimes called an expense ratio. These expenses
       are disclosed in the investment prospectus of the investment. They are not
       within the control of FFLLC.

    Past Due Accounts and Termination of Agreement
       FFLLC reserves the right to stop work on any account that is more than 14
       days overdue. In addition, FFLLC reserves the right to terminate any
       agreement where a client has willfully concealed or has refused to provide
       pertinent information about financial situations when necessary and
       appropriate. Any unused portion of fees collected in advance will be
       refunded.

ITEM 7. TYPES OF CLIENTS

    Description
      FFLLC generally provides investment advice to individuals, couples, families,
      trusts, estates, or charitable organizations, corporations or small business
      entities.
       Client relationships vary in scope and length of service.

    Account Minimums
       FFLLC does not have an account minimum size. The minimum quarterly fee
       is $2,000.

       FFLLC has the discretion to establish an account minimum. Clients with
       assets below $500,000 may pay a higher percentage rate on their annual
       fees than the fees paid by clients with greater assets under management.