JMAC Enterprises 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 one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
wealth management agreement. Wealth management fees are based on the market value of assets under
management at the end of the prior quarter. Wealth management fees range up to 1.50% annually based on several
factors, including: the scope and complexity of the services to be provided; 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 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. All securities held in accounts
managed by JMAC will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the
Custodian’s valuations.

Financial Planning Services
The Advisor typically offers financial planning services as part of its overall wealth management services. The
Advisor may also provide standalone financial planning or consulting services for an annual engagement fee ranging
from $2,500 to $25,000 per year. Fees may be negotiable based on the nature and complexity of the services to be
provided and the overall relationship with the Advisor. An estimate for total costs will be determined prior to engaging
for these services.

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation from an
Independent Manager. The Advisor will only earn its wealth management fee as described above. The Advisor may
201 S. State Street. Unit 2A, Newtown, PA 18940
Phone: (267) 753-7066 * Fax: 215-860-1687

allocate a portion of the advisory fee collected to the Independent Managers pursuant to the terms of the executed
agreement between the Advisor and the Independent Manager. In certain instances, the Client will be separately
charged an asset-based fee by the Independent Managers.

Retirement Plan Advisory Services
Retirement plan advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
agreement. Fees are based on the market value of assets under management at the end of the prior quarter.
Retirement plan advisory fees range up to 1.50% annually.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with JMAC at the end of the prior
quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting deduction of the
wealth management fee. Clients are urged to also review and compare the statement provided by the Advisor to the
brokerage statement from the Custodian, as the Custodian does not perform a verification of fees. Clients provide
written authorization permitting advisory fees to be deducted by JMAC to be paid directly from their account[s] held
by the Custodian as part of the wealth management agreement and separate account forms provided by the
Custodian.

Financial Planning Services
For standalone financial planning, fees are paid monthly or quarterly (“Billing Period”), in advance of each Billing
Period, pursuant to the terms of the financial planning agreement. The amount due is calculated by applying the
annual fee divided by twelve (12) or four (4) respectively.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Client’s overall fees may include JMAC’s
wealth management fee (as noted above) plus the asset-based fees charged by the Independent Manager[s], as
applicable. In certain instances, the Independent Manager or the Advisor may assume responsibility for calculating
the Independent Managers asset-based fee and separately deduct the fees from the Client’s account[s].

Retirement Plan Advisory Services
Retirement plan advisory fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan,
depending on the terms of the retirement plan advisory agreement.

C. Other Fees and Expenses
In addition, all fees paid to JMAC 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. A Client may be able to invest in these products directly, without the services of JMAC, but would
not receive the services provided by JMAC which are designed, among other things, to assist the Client in
determining which products or services are most appropriate for each Client’s financial situation and objectives.
Accordingly, the Client should review both the fees charged by the fund[s] and the fees charged by JMAC to fully
...

Item 7 – Types of Clients

JMAC offers wealth management services to individuals, high net worth individuals, trusts, estates, businesses,
201 S. State Street. Unit 2A, Newtown, PA 18940
Phone: (267) 753-7066 * Fax: 215-860-1687

retirement plans, and pension plans. The amount of each type of Client is available on JMAC’s Form ADV Part 1A.
These amounts may change over time and are updated at least annually by the Advisor. JMAC generally requires a
minimum relationship size of $5,000,000. This amount may be waived or reduced at our sole discretion.