High Probability Advisors LLC

Item 5.          Fees and Compensation

Portfolio Management and Sub-Advisory Fees
Our Standard Fee Schedule for advisory services charge fees as a percentage of a client’s assets under
HPA’s management. Our current breakpoint fee schedule for Portfolio Management is as follows:
 Assets Under Management                                 Annual Investment Management Fee
 $0-$2 million                                           0.70%
 Next $3 million                                         0.60%
 Next $5 million                                         0.50%
 Next $15 million                                        0.35%
 Next $25 million                                        0.30%
 Thereafter                                              0.25%

Our Institutional Fee Schedule for Portfolio Management Services charges fees as a percentage of a
client’s assets under HPA’s management as follows:
 Assets Under Management                                 Annual Investment Management Fee
 $0-$2 million                                           0.50%
 Next $8 million                                         0.40%
 Next $15 million                                        0.35%
 Next $25 million                                        0.30%
 Thereafter                                              0.25%

Our standard fees for Retirement Advisory Services are charged as a percentage of a plan’s assets
under HPA’s management. Our current breakpoint fee schedule for Retirement Advisory Services is as
follows:
 Assets Under Management                                 Annual Investment Management Fee
 $0-$1 million                                           0.50%
 Next $4 million                                         0.30%
 Next $5 million                                         0.25%
                                         High Probability Advisors, LLC |Form ADV Part 2A        6

 Next $15 million                                       0.15%
 Thereafter                                             0.05%

Portfolio management fees are charged quarterly in advance or in arrears, as agreed with each client,
based upon the total assets as reflected on HPA’s records approximately two weeks prior to the end of
each calendar quarter.

Advisor and 3(38) Manager fees for The Logical Retirement Solution® and The Logical 403(b)
Solution® are based upon assets of the client and of the Pooled Employer Plan, respectively, and are
disclosed to the client prior to joining the Pooled Employer Plan.
Fees in General:
Depending on the particular arrangement with each client, we will either invoice clients or directly
debit their custodial accounts for portfolio management or consulting fees.
Fees and account minimums for all services are negotiable based upon certain criteria (i.e., level of
service required, anticipated future additional assets, dollar amount of assets to be managed, related
accounts, account composition and complexity, negotiations with client, etc.).
We may group certain related client accounts for the purposes of determining the account size and/or
annualized fee.
Certain client agreements may be governed by fee schedules different from those listed above.

Account Termination and Refunds:
Clients may terminate the advisory agreement by providing us with a 30-day notice at our principal
place of business. This notice requirement may be waived at our discretion. If you notify your
account’s custodian that you are terminating the custodial account linked to your separately managed
account with our firm, we will consider this to constitute a notice of termination.
Upon termination of an account, any prepaid, unearned fees will be promptly refunded, and any
earned, unpaid fees will be due and payable.
We will have no obligation to recommend or take any actions with regard to the securities, cash or
other investments in a terminated account, but we may, at our discretion, assist you in liquidating
assets and in effecting the transfer of assets to a new custodian designated by you.

Mutual Fund and ETF Fees and Expenses:
All fees paid to our firm for investment advisory services are separate and distinct from the fees and
expenses charged by mutual funds and ETFs to their shareholders. These fees and expenses are
described in each fund’s prospectus. These fees will generally include a management fee, other fund
expenses, and a possible distribution fee. A client could invest in a mutual fund or an ETF directly,
without the services of our firm. In that case, the client would not receive the services provided by
us which are designed, among other things, to assist the client in determining which mutual fund or
funds or ETFs are most appropriate to each client’s financial condition and objectives. Accordingly,
the client should review both the fees charged by the funds and ETFs and the fees charged by us to
fully understand the total amount of fees to be paid by the client and to thereby evaluate the advisory
services being provided.

                                       High Probability Advisors, LLC |Form ADV Part 2A          7

Brokerage, Custodial and Other Transaction Fees:
In addition to advisory fees paid to our firm, clients will also be responsible for all transaction,
brokerage, trade-away and custodial fees incurred as part of their account management. Please see

Item 7.        Types of Clients

Our firm primarily provides advisory services to the following types of clients;
   • Individuals, including high net worth individuals
   • Trusts, estates, and charitable organizations
   • Corporations or other business entities
   • Retirement plans
We typically require a minimum annual fee of $3,750 or a minimum account size of $500,000, both of
which may be negotiated or waived, at our sole discretion.