Joseph John Hasson Jr

Item 5 – Fees and Compensation

Advisor conducts business as a fee only investment advisor. For services provided as a percentage of
assets under management (AUM), the fee is 2% of the first $500,000, 1 ½% of the next $500,000, and
1% of assets over $1,000,000. Flat fee arrangements are negotiable to a limited extent and will be
entertained prior to the advisor engagement with the client. All current clients are on a flat fee
arrangement, which can be modified by agreement of the advisor and the client. Advisor receives no
compensation directly or indirectly other than from quarterly fees charged to clients. The specific
manner in which fees are charged by Joseph J. Hasson Jr. (Advisor) is established in a client’s written
agreement with Advisor. Advisor will generally bill clients on a quarterly basis, one quarter in advance.
Clients authorize Advisor to directly debit fees from client accounts. Clients who authorize debiting of
accounts are notified in writing prior to the beginning of a quarter that said debiting will be taking place
and the amount of the debit. Clients whose assets are in business pension plans and who request to be
billed as opposed to being debited will be accommodated. Management fees will not be prorated for
each capital contribution and withdrawal made during the applicable calendar quarter since all current
accounts are on a flat fee basis which is less than would be charged under the percentage of assets
under management method. Should material changes in AUM take place, Advisor will, in consultation
with the client make adjustments to the fee that more accurately reflects the revised total AUM. Clients
initiated or terminated during a calendar quarter will be charged a prorated fee on a per diem basis.
Upon written notification by client of a desire to terminate an account, Advisor will promptly issue a
refund of all unearned fees. The date that client assets are removed from the Advisors management,
either by transfer of said assets to another custodian or by transfer of assets to the same custodian but
with removal of Advisor from trade authorization privileges will be used to calculate the refund due. It is
important to understand that Advisors fees are exclusive of brokerage commissions, transaction fees,
and other related costs and expenses which shall be incurred by the client. Clients may incur certain
charges imposed by custodians, brokers, third party investment and other third parties such as fees
charged by managers, custodial fees, transfer taxes, wire transfer and electronic fund fees, and other
fees and taxes on brokerage accounts and securities transactions. Mutual funds and exchange traded
funds also charge internal management fees, which are disclosed in a fund’s prospectus. Such charges,
fees and commissions are exclusive of and in addition to Advisor’s fee, and the Advisor shall not receive
any portion of these commissions, fees, and costs. Advisor uses Fidelity Investments as the qualified
custodian and will not accept clients who opt to select a different one. In order to insure fairness to all
clients, it is essential to use only one trading platform. The ability to aggregate purchases and sales in
block permits allocation to all clients at the same average price, removing the appearance of favoritism
and providing more transparency to the transaction. Fidelity provides competitive fees, quality
executions, and a superior trading platform. Advisor has the ability to engage Fidelity and request fee
reductions should industry standards warrant. Advisor periodically reviews the pricing methods of other
qualified custodians but is not inclined to change custodians for a “fee change du jour” reason. Changing
qualified custodians is an exhaustive process and would require the concurrence of all accounts. Absent
substantial reasons for attempting same, it is wise to stay with one custodian and negotiate with them.
Advisor’s 49+ years of investment experience has convinced him of this.

Item 7- Types of clients

Joseph J. Hasson Jr. (Advisor) provides portfolio management and general financial planning services to
individuals, high net worth individuals, trusts, and corporate pension and profit-sharing plans. In
general, the minimum account size for new accounts is $1,000,000. Exceptions may be made at the
discretion of Advisor.