JFR Financial Services Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4, Advisory Business, this section provides details
regarding our services along with descriptions of each service’s fees and compensation arrangements.

Financial Plans

We offer financial plans that can be comprehensive or modular and either oral or written. Topics covered
in a financial plan can include:

     •    Income                                              •   Tax planning
     •    Investments                                         •   Estate planning
     •    Goal-setting                                        •   Securities
     •    Financial statements                                •   Risk management issues
     •    Budgeting                                           •   Fringe benefit programs
     •    Retirement planning                                 •   Business issues
     •    College funding                                     •   Real estate

Financial planning services generally begin with extensive data gathering. The information we request
from you can include:

     •    Past financial history                              •   Insurance policies and programs (e.g.,
     •    Present financial condition                             life, disability and medical)
     •    Economic/financial goals and                        •   Past and current investments (including
          investment objectives                                   cost basis, present value, purpose and
     •    Wills and trust agreement                               tax ramifications)
     •    Fringe benefit programs                             •   Income and expenses
     •    Tax returns                                         •   Debts
     •    Business agreements                                 •   Other advisor relationships (e.g.,
                                                                  attorney, accountant, banker, etc.)
                                                              •   Family background and makeup

We review and study the information and documents provided by you and, as needed or requested,
prepare a report reflecting where you are presently situated economically and addressing each of your
stated objectives. The report may also suggest recommendations and/or additional steps to assist you
in achieving your stated objectives.

We generally utilize long-term strategies so that continuous monitoring is not required. Although we
recommend an annual review and/or update, it is your responsibility to re-evaluate, review and update
your situation and mark the progress made toward your goals. We are available if you need to schedule
additional services with us. In this case, a new client agreement is required and additional fees are
charged.

Modular financial planning services (financial analysis, special study or corporate financial planning) are
charged at an hourly rate ranging from $75 to $500 per hour, billed to the nearest 15 minute increment.
Hourly fees are negotiable based on the actual services requested, the complexity of your situation and
our staff members providing the service. Fees for comprehensive financial planning services are billed
as 1% of your gross annual income with a minimum fee of $900.

We also prepare specific profiles or plans which are charged at the following project rate:

                 • Basic Financial Profile. Client has an approximate net worth less than $75,000 and
                     annual income under $35,000, Adviser will charge a fixed fee of $700.

JFR Financial, Inc.                                                             Form ADV Part 2A: Firm Brochure

                 • Comprehensive Financial Planning. For clients with a net worth above $75,000 and
                     annual income above $35,000, Adviser will charge 1% of your gross annual income
                     with a minimum fee of $900.

Fixed and project fees are negotiable based upon your individual circumstances and complexities. Some
projects are as simple as an analysis of how much money is anticipated for your child(s) college tuition at
the school of their choice, in the year they anticipate entering college. Other clients may request us to
analyze their estate for the purposes of estate planning and attorney meetings. Fees for financial planning
services will be disclosed to you prior to any services being provided and are also set out in the client
agreement. At the time you sign the client agreement, we require a retainer of one-half of the quoted fee
with the balance due upon presentation of the plan to you.

Financial planning services terminate upon presentation of the plan to you. However, either of us can
terminate the services at any time by providing written notice to the other party. Termination is effective
immediately. If services are terminated within five business days of signing the client agreement, or if you
did not receive our Disclosure Brochure at least 48 hours prior to signing the client agreement, services
are terminated with no penalty and there are no fees charged; you receive a refund of all prepaid fees.
After five business days, you are responsible for our prorated fees to the date of termination. Fixed fees
are calculated at the specified hourly rate multiplied by the hours spent on the services until the effective
date of termination. We send you a billing invoice detailing the services provided and the prorated refund
or charge due.

You have sole discretion about whether to contract for our services. In addition, you have sole discretion
about whether to implement any of our financial planning recommendations. You should be aware that
our investment advisor representatives are also registered representatives with LaSalle St. Securities,
LLC, a registered broker/dealer and member FINRA/SIPC. Some are also independently licensed
insurance agents. If you elect to follow our recommendations and select our investment advisor
...

Item 7 – Types of Clients

We provide investment advice to the following types of clients:

     •    Individuals (including high net worth individuals) including trusts and estates

Minimum Investment Amounts Required

There is a minimum fee of $900 for comprehensive financial planning services.