Hudson View Advisors LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management               Annual Fees

        $250,000                                    0.80%

        $250,001 - $2,500,000                       0.60%

        $2,500,001 - $5,000,000                     0.50%

        $5,000,001 - $10,000,000                    0.30%

        $10,000,001 - and up                        0.25%

The advisory fee is calculated using the value of the assets in the Account on the last business day
of the prior billing period.

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of the
Investment Advisory Contract. Clients may terminate the agreement without penalty for a full
refund of HVALLC's fees within five business days of signing the Investment Advisory Contract.
Thereafter, clients may terminate the Investment Advisory Contract immediately upon written
notice.

Pension Consulting Services Fees

Asset-Based Fees for Pension Consulting

        Total Assets Under Management               Annual Fees

        $250,000                                    0.80%

        $250,001 - $2,500,000                       0.60%

        $2,500,001 - $5,000,000                   0.50%

        $5,000,001 - $10,000,000                  0.30%

        $10,000,001 - and up                      0.25%

The advisory fee is calculated using the value of the assets on the last business day of the prior
billing period

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of the
pension consulting agreement.

Clients may terminate the agreement without penalty for a full refund of HVALLC's fees within five
business days of signing the Investment Advisory Contract. Thereafter, clients may terminate the
pension consulting agreement immediately upon written notice. HVALLC bills based on the
balance on the first day of the billing period

Financial Planning Fees

Fixed Fees

The negotiated fixed rate for creating client financial plans is between $450 and $5,000.

Hourly Fees

The negotiated hourly fee for these services is between $150 and $300.

Clients may terminate the agreement without penalty, for full refund of HVALLC’s fees, within five
business days of signing the Financial Planning Agreement. Thereafter, clients may terminate the
Financial Planning Agreement generally upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts with
client's written authorization on a quarterly basis. Fees are paid in advance.

Payment of Pension Consulting Fees

Asset-based pension consulting fees are withdrawn directly from the client's accounts with client's
written authorization on a quarterly basis. Fees are paid in advance.

        Payment of Financial Planning Fees

        Financial planning fees are paid via check.

        Fixed financial planning fees are paid in arrears upon completion.

        Hourly financial planning fees are paid in arrears upon completion.

        C. Client Responsibility For Third Party Fees

        Clients are responsible for the payment of all third party fees (i.e. custodian fees, brokerage fees,
        mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
        expenses charged by HVALLC. Please see Item 12 of this brochure regarding broker-
        dealer/custodian.

        D. Prepayment of Fees

        HVALLC collects certain fees in advance and certain fees in arrears, as indicated above. Refunds
        for fees paid in advance will be returned within fourteen days to the client via check, or return
        deposit back into the client’s account.

        For all asset-based fees paid in advance, the fee refunded will be equal to the balance of the fees
        collected in advance minus the daily rate* times the number of days elapsed in the billing period
        up to and including the day of termination. (*The daily rate is calculated by dividing the annual
        asset-based fee rate by 365.)

        E. Outside Compensation For the Sale of Securities to Clients

        Neither HVALLC nor its supervised persons accept any compensation for the sale of investment
        products, including asset-based sales charges or service fees from the sale of mutual funds.

Item 7: Types of Clients
HVALLC generally provides advisory services to the following types of clients:

    ❖       Individuals
    ❖       High-Net-Worth Individuals
    ❖       Pension and Profit Sharing Plans
    ❖       Charitable Organizations