Jbglobalcom LLC

Item 5 – Fees and Compensation

GENERAL INFORMATION ON FEES:

We provide investment advisory services to individual, separate accounts. These accounts
are managed on a discretionary basis, meaning we make changes to the portfolio without
getting the client’s specific permission for each trade. We tailor these accounts by
determining the proper mix of assets (such as stocks and bonds) to individual client needs
and preferences. We require a minimum of $2,000,000 of assets to manage an account. We
may waive this minimum at our discretion..

We describe those services and fees in Item 6, below.

We charge fees for investment advisory services to individual, separate accounts based on
the following scale:

TOTAL ASSETS MANAGED                               ANNUAL FEE
Up to $200,000                                     1.50%
$200,001-$300,000                                  1.25%
$300,001-$500,000                                  1.10%
$500,001-$1,000,000                                1.00%
Over $1,000,000                                    0.95%

We debit the annual fee directly from client accounts in quarterly installments. You will get
your monthly account statement from Charles Schwab & Company showing the charge to
the account at the beginning of each calendar quarter (based upon the account value at the
end of the month before).

The client authorizes the payment of our investment advisory fee directly from their
account. The annual fee is assessed quarterly in arrears (meaning for the prior quarter’s
management) on the value of the total assets in your account(s) managed by us on the last
business day of each calendar quarter. Fees are prorated with regard to inflows and
outflows of cash and other assets. We reserve the right, however, to charge a fee, assessed
for all of the quarter, based on the total assets in your accounts managed by us on the first
day of a calendar quarter, if the client terminates the agreement during that quarter.

We do negotiate account minimums and fees in some cases. You definitely can get similar
investment advisory services at lower cost somewhere else.

Either of us can cancel the client agreement at any time, for any reason, with 30 days’
written notice. Before closing the account, we will charge any earned, unpaid fees.

The fees we charge for investment advisory services are separate and distinct from the fees
and expenses that mutual funds and exchange-traded funds (ETFs) charge their
shareholders. These fees and expenses are described in each fund's brochure (prospectus).
These fees generally include a management fee, other fund expenses, and a possible
marketing fee. If the fund also charges a sales charge, a client may pay an upfront or
back-end sales charge. We will not receive any part of these commissions, fees, and costs.
You could invest in an ETF or mutual fund directly, without our services. To understand the
total amount of fees you pay, you should review both the fees charged by the mutual funds
or ETFs, as well as our fees. It is your responsibility to verify the accuracy of the fee
calculation; the custodian will not determine whether the fee is properly calculated.

Our fees are separate from brokerage commissions, transaction fees, and other related
costs and expenses which Charles Schwab & Company charges. Custodians, brokers, and
other third parties may charge you custodial fees, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes
on brokerage accounts and securities transactions. We don’t receive any part of these
commissions, fees, and costs. Please see Item 12, below, for additional information on
brokerage.

Item 7 – Types of Clients

We provide investment advisory services (money management) primarily to individuals
and trusts.

We provide investment advisory services to individual, separate accounts. These accounts
are managed on a discretionary basis, meaning we have authorization to make changes to
the portfolio without getting the client’s specific permission before each trade. We tailor
these accounts, by determining the proper mix of assets (such as stocks and bonds) to
individual client needs and preferences. We require a minimum of $2,000,000 of assets to
manage an account. We waive this minimum in certain cases.