Financial Life Planners LLC

Item 5 – Fees and Compensation
The specific way in which fees are charged by Financial Life Planners are established in a client’s
written advisory agreement. Our fees are calculated by taking the market value of your portfolio or
account holdings on the final trading day of each quarter and, using the following rate schedule, and
dividing by four to arrive at a quarterly fee amount. Our annualized fee schedule is:

            ASSETS UNDER                                  MANAGEMENT FEE
            MANAGEMENT
            FIRST $99,999.99                                           1.5%

         $100,000 – $249,999.99                                        1.3%

         $250,000 – $499,999.99                                        1.2%

        $500,000 - $1,999,999.99                                        1%

                $2,000,000 +                                           .75%

The above is our current fee schedule. Current or previous clients of FLP may have fee schedules
that differ from the above. Fees are negotiable. Lower fees for comparable services may be available
from other sources. Advisory fees include the provision of financial planning services at no
additional charge. Outside Managers shall be paid a fee, separate and distinct from that payable to
Financial Life Planners.
Financial Life Planners includes the costs of the Pontera platform in its overall advisory fee for each
managed account. Clients do not pay any additional fee to Pontera or to Financial Life Planners in
connection with platform participation. Financial Life Planners is not affiliated with the Pontera
platform in any way and receives no compensation from them for using their platform.
Investment management fees for Pontera accounts are generally directly debited on a pro rata basis
from client accounts. The exception for this is directly managed held away accounts, such as 401(k)s.
As it is impossible to directly debit the fees from these accounts, those fees will be assigned to the
client’s taxable accounts on a pro-rata basis. If the client does not have a taxable account, fees will be
billed directly to the client from a non-retirement account.

Clients pay an asset-based fee to ShareBuilder in connection with platform participation which is
debited from their accounts by ShareBuilder’s administrator. Financial Life Planners receives 50
basis points of the fees charged by Sharbuilder in connection with platform participation. Financial
Life Planners is not affiliated with the ShareBuilder platform in any way and receives no additional
compensation from them for using their platform.
Financial Life Planners may occasionally, at its discretion, provide stand-alone financial planning
services to individuals who do not retain our investment management services. These financial
planning services will be charged a fee for service at an hourly rate of $250 or a one-time fee that
ranges between $1,000 and $2,500. Fees for financial planning are billed in arrears.
Investment management fees for accounts at Fidelity and Schwab may be billed in advance or in
arrears depending on the client’s advisory agreement. Our clients authorize the account custodian to
debit our investment advisory fee from their account. Each quarter, we will notify your custodian of
the amount of the fee due and payable to us through our fee schedule and contract. The custodian
does not validate or check our fee, its calculation, or the assets on which the fee is based. They will
withdraw the fee from your account(s) or, if you have more than one account, from the account you
have designated to pay our advisory fees. In some situations, we may agree to invoice a client for
their quarterly fee.
Each quarter you will receive a statement directly from your custodian showing all transactions,
positions, and credits/debits into or from your account, including the advisory fee paid by you to us.
The fees listed above are in addition to any fees charged by the account custodian or costs
associated with the implementation of the investment plan. These costs may include brokerage
commissions, transaction fees, mutual fund operating expenses, custodial fees, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions.
Financial Life Planners does not receive any portion of these commissions, fees, or costs, and seeks
to minimize them on clients’ behalf whenever possible.
Item 12 further describes the factors that Financial Life Planners consider in selecting or
recommending broker dealers for client transactions and determining the reasonableness of their
compensation (e.g., commissions).
Investment Advisory contracts may be terminated at any time for any reason with written notice at
the will of the client or Financial Life Planners. Financial Life Planners will refund any prepaid,
unearned fees, and any earned but unpaid fees will be promptly due and payable.
Financial Life Planners and its Supervised Persons do not receive compensation from the sale of
mutual funds or other securities. Please see Item 10 for information concerning insurance.

Item 7 – Types of Clients

Financial Life Planners provides investment management and financial planning services to:

   •   Individuals, including high net worth individuals.
   •   Families, trusts, and estates.
   •   Corporations and other business entities.
   •   Qualified and 401k plans.
Financial Life Planners does not have a mandatory minimum account size but usually onboards
accounts with a minimum of $500,000. For smaller accounts, FLP will use its sole discretion in
determining if the accounts will be suitable for our practice.
FLP expects their clients to be forthright, communicative and to participate in the investment and
portfolio management process.