Global Kandor Advisors LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
agreement with the Advisor.

A. Fees for Advisory Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
agreement. Wealth management fees can be calculated as a percentage, which can range from 0.50% to 2.00%
annually of the value of assets under management. As well as fixed fees that are based on several factors,
including the complexity of the services to be provided, the inclusion of financial planning services, the level of
assets to be managed, and the overall relationship with the Advisor. Relationships with multiple objectives,
specific reporting requirements, portfolio restrictions, and other complexities may be charged a higher fee. The
annual fixed fee will be adjusted on January 1st of each year by the inflation rate published by CPI (“Consumer
Price Index”) as reported by the U.S. Bureau of Labor Statistics.

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. Clients may be offered a fixed rate fee
schedule. All securities held in accounts managed by Global Kandor will be independently valued by the Custodian
or applicable third-party. Global Kandor will conduct periodic reviews of the Custodians valuations to ensure
accurate billing.

Clients may make additions to and withdrawals from their account[s] at any time, subject to Global Kandor’ right to
terminate an account. Additions may be in cash or securities provided that Global Kandor reserves the right to
liquidate any transferred securities or decline to accept particular securities into a Client’s account[s]. Clients may
withdraw account assets on notice to Global Kandor, subject to the usual and customary securities settlement
procedures. However, Global Kandor designs its portfolios as long-term investments, and the withdrawal of assets
may impair the achievement of a Client’s investment objectives. Global Kandor may consult with its Clients about
the options and ramifications of transferring securities. However, Clients are advised that when transferred
securities are liquidated, they may be subject to transaction fees, fees assessed at the mutual fund level (i.e.
contingent deferred sales charge) and/or tax ramifications.

B. Fee Billing
Wealth management fees are calculated by the Advisor and may be deducted from the Client’s account[s] at the
Custodian or directly invoiced to the Client, pursuant to the terms of the Management and Advisory Agreement. For
fees deducted from the Client’s account[s], the Advisor will send an invoice to the Custodian indicating the amount
of the fees to be deducted from the Client’s account[s] following the start of each calendar quarter. Client fees that
are directly invoiced to the Client are due upon receipt of the Advisor’s invoice.

Asset-based fees are calculated by applying the quarterly rate (annual rate divided by 4) to the total assets under
management with Global Kandor at the end of the previous quarter. Clients will be provided with a statement, at
least quarterly, from the Custodian reflecting the deduction of the wealth management fee. Clients are urged also to
review and compare any statement provided by the Advisor to the brokerage statement from the Custodian, as the
Custodian does not perform a verification of fees. When fees are being directly deducted, Clients provide written
authorization permitting advisory fees to be deducted by Global Kandor to be paid directly from their account[s]
held by the Custodian as part of the Management and Advisory Agreement and separate account forms provided
by the Custodian.

                                               Global Kandor Advisors LLC
                                       3350 Virginia Street, 2nd Floor, Miami, FL 33133
                                                    Phone: (786) 558-0391
                                                   www.GlobalKandor.com

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties in connection with investments made on behalf
of the Client’s account[s]. The Client is responsible for all securities execution and custody fees charged by the
Custodian, if applicable. In addition, all fees paid to Global Kandor for wealth management services are separate
and distinct from the expenses charged by mutual funds and ETFs to their shareholders, if applicable. These
fees and expenses are described in each fund’s prospectus. These fees and expenses will generally be used to
pay management fees for the funds, other fund expenses, account administration (e.g., custody, brokerage and
account reporting), and a possible distribution fee. The Client should review both the fees charged by the fund[s]
and the fees charged by Global Kandor to fully understand the total fees to be paid. Please refer to Item 12 –
Brokerage Practices for additional information.

D. Advance Payment of Fees and Termination
Global Kandor may be compensated for its wealth management services in advance of the quarter in which
services are rendered. Either party may terminate the Management and Advisory Agreement, at any time, by
providing advance written notice to the other party. The Client may also terminate the Management and Advisory
Agreement within five (5) business days of signing the Advisor’s agreement at no cost to the Client. After the five-
day period, the Client will incur charges for bona fide advisory services rendered to the point of termination, and
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Item 7 – Types of Clients

Global Kandor offers wealth management services to individuals, high net worth individuals, trusts, estates,
charitable organizations and businesses. The amount of each type of Client is available on Global Kandor’ Form
ADV Part 1A. These amounts may change over time and are updated at least annually by the Advisor. Global
Kandor generally does not impose a minimum relationship size.