Frankly Finances LLC

Item 5           Fees and Compensation

   A.
         Financial Planning Fees

         The Firm’s fee for financial planning is generally determined in one of three ways, each
         described in more detail below.

             1. One Time Fixed Fees. A fixed one-time fee. We set these fees based on various
                objective and subjective factors and after discussion with the client. The factors that
                we consider include, but are not limited to, the amount of the client’s asset, the level
                and scope of the services required, the complexity of the engagement and the
                number of times the client would like to meet.

             2. Hourly Fees. An hourly fee of $600/hour. We may agree to reduce the hourly rate
                in our sole discretion.

             3. Annual Subscription Fees. An annual, recurring fee for ongoing financial
                planning. These arrangements are currently subject to a $1,000 minimum annual
                fee and will not typically exceed $20,000 for retail clients. We set these fees based
                on various objective and subjective factors and after discussion with the client. The
                factors that we consider include, but are not limited to, the amount of the client’s
                asset, the level and scope of the services required, the complexity of the engagement
                and the number of times the client would like to meet.

         Investment Management Fees
         The Firm’s investment management fee is generally an agreed upon and negotiated flat-
         fee, which will typically range from $4,000 to $40,000 annually and is prorated and payable
         on a monthly or quarterly basis, in advance. The amount of fees charged to clients is based
         upon various objective and subjective factors and after discussions with the client.

         The Firm seeks to provide complete transparency about fees and expenses.

         From time to time, the Firm may agree to amend its fee structures and rates or may reduce
         or waive any of its fees. Clients will be responsible for the fee contained in their applicable
         agreement, as amended from time to time. Based on our pricing arrangements, the Firm’s
         clients can pay different fees for the same or similar services. The services provided to any
         client could be available from other investment advisers at lower (or higher) rate. All clients
         and prospective clients should be guided accordingly.

   B. For financial planning services, invoice payment is due within 30 days of receipt of the
         invoice. For investment management services, clients may elect to have their fees deducted
         from their custodial account. The Investment Management Agreement and the custodial/
         clearing agreement may authorize the custodian to debit the account for the fee and to pay
         the fee to us in compliance with regulatory procedures. If we invoice the client, payment is
         due upon receipt of the invoice.

   C. In the event we recommend any securities purchases or sales, broker-dealers charge
         transaction fees for effecting certain securities transactions. Clients will also incur fees and
         expenses charged by any investments that they purchase, including mutual funds and ETF.

   D. All invoiced fees are due within 30 days’ receipt of an invoice. We generally do not require
         the prepayment of any fees. Upon termination of any agreement, if we for any reason have
         agreed to prepayment or partial prepayment, we will refund the pro-rated portion of any
         advanced advisory fee paid based upon work yet-to-be completed.

   E. Neither Frankly Finances nor any of its associated persons accept compensation from the
         sale of securities or other investment products.

Item 7           Types of Clients

         Our clients are generally individuals, high-net worth individuals, corporations, and other
         businesses. We do not have any minimum asset requirements or minimum fees, but we do
         reserve the right to accept or reject any client.