Fortis Advisors LLC

ITEM 5 – FEES AND COMPENSATION

 Fee for Investment Management Services for Separately Managed Accounts. Fees for
 investment management for public securities held within a brokerage account are generally
 calculated as a percentage of assets under management, billed quarterly and payable in arrears.
 The basic fee for the Advisor’s services is calculated on the market value of assets using the
 average daily balance, including cash, under the Advisor’s management in accordance with
 the fee schedule below. Fees for non-affiliated private investments in both real estate and non-
 real estate are charged a flat fee based on the most recent value provided by the manager and
 are negotiable depending on the level of due diligence required. There are also some accounts
 that pay a flat fee and others that may have no fee associated with them due to specific account
 circumstances. Fees are not charged in advance. The fee terms for a particular client are
 described in each Advisory Agreement. There is currently no minimum fee charged to clients.
 The standard fee schedule for discretionary accounts is below:

Discretionary Accounts:

                     Part 2A of Form ADV: Fortis Advisors, LLC, Brochure
                                           Page |7

Type of Assets       Marketable Securities          Private Investments        Private Real Estate
                     held within Brokerage                                        Investments
                           Accounts                  (Non-Real Estate)          (Non-Affiliated)

                        $0 to $2,500,000
                             1.00%
     Fees                                                 Flat .50%                 Flat 1.00%
                   $2,500,001 to $10,000,000
                             .75%
                         >$10,000,000
                             .50%
  Frequency           Quarterly (in arrears)        Quarterly (in arrears)     Quarterly (in arrears)

                                                   The most recent value      The most recent value
  Asset Base         Daily Average Balance
                                                  provided by the Manager    provided by the Manager

For non-discretionary accounts, the fee is generally a flat fee of .125% calculated on the market
value of assets using the average daily balance, including cash, under the Advisor’s
management or hourly fees depending on the specific services the client requests.

Under certain circumstances this fee may be negotiable. Any negotiated fees below the
standard fee schedule will be approved by the President or Managing Partner. For example,
accounts of members of the same household may be aggregated for purposes of determining
the management fee. The Advisor may allow such aggregation, for example, where its services
accounts on behalf of minor children of current clients, individual and joint accounts for a
spouse, and other types of related accounts. This consolidation practice is designed to allow
clients the benefit of an increased asset total, which could potentially cause the account(s) to
be assessed a reduced advisory fee based on the Advisor’s fee schedule. Some employees and
their family members may have accounts which pay a discounted fee.

An Investment Advisory Agreement may be terminated by either party by giving at least 30 calendar
days written notice to the other party, but such notice shall not affect any of the commitments made
for the Assets, the Accounts or Client prior to such termination. Amounts due to Adviser for periods
through termination shall be paid to Adviser immediately upon such termination. Applicable fees
shall continue to be payable by Client for periods following termination.

Fees for Financial Planning and Consulting Services. Financial planning and consulting
services are billed on a fee basis. The Advisor’s financial planning and consulting services
fees are negotiable but generally range from $1,500 to $50,000 on a fixed fee basis, depending
upon the level and scope of the services required and the professionals rendering the services.
Generally, one-half of the proposed financial planning fee will be due at the signing of the
financial planning agreement, with the balance due upon delivery of the financial plan or
                    Part 2A of Form ADV: Fortis Advisors, LLC, Brochure
                                               Page |8

investment-related service. The financial planning and investment-related consulting
agreement may be terminated by either party upon written notification in accordance with the
terms of the applicable agreement. Upon termination, the fees charged will be prorated and a
refund for any unearned fees will be issued. The client will be responsible to pay for services
rendered until the date of termination of the agreement. Clients will not be assessed a penalty
fee for terminating an agreement.

The Advisor generally requires all clients to authorize the direct debit of fees from their
accounts. Exceptions may be granted subject to the Advisor’s consent for clients to be billed
directly for its fees. For directly debited fees, the custodian’s periodic statements will show
each fee deduction from the client’s account. Clients may withdraw the authorization for
direct billing at any time by notifying the Advisor or their custodian in writing.
Advisory fees will be directly deducted from a client’s account by the custodian and remitted
to the Advisor provided that:
    ▪ the client provides the qualified custodian written authorization;
    ▪ a billing statement is sent to the client;
    ▪ the billing statement shows the amount of the fee, how it was calculated, and the
        value of the assets on which the bill is based; and
    ▪ the qualified custodian sends the client a statement, at least quarterly, indicating
        all amounts disbursed from the account.
...

ITEM 7 – TYPES OF CLIENTS
The Advisor provides investment management, financial planning, and investment related
consulting services to individuals and high net worth individuals and their related entities,
such as trusts, limited liability companies, limited partnerships, defined contribution plans,
foundations, other investment advisers and other non-profit organizations. The Advisor also
manages pooled investment vehicles.