JP King Advisors Inc

Item 5: Fees and Compensation

A. Description of how we are compensated for our advisory services provided to you:
     Investment Advisory Service: The annual fee for the Investment Advisory Service is a tiered, cumulative
     structure based on a percentage of investable assets according to the following schedule:
                   0.75 percent of active investment assets for the first $1 million
                   0.65 percent of active investment assets for the second $1 million
                   0.50 percent of active investment assets for the third $1 million
                   0.40 percent of active investment assets for the fourth $1 million
                   0.30 percent of active investment assets for all assets above $4 million
     Fees are deducted from managed account(s) and are billed quarterly in arrears, based on the average daily
     balance of asset values from the beginning through the end of each quarter. In cases where an account’s
     average daily balance is not available we will use the account value as of the last day of the previous
     quarter for calculating fees.
B. Description of whether we deduct fees from clients’ assets or bill clients for fees incurred:
   JPKA invoices each client after the three-month billing period has ended. The client must consent in
   advance to direct debiting of their investment accounts. In some cases we allow clients to pay their fees
   directly by check following receipt of a bill. Fees for partial quarters are prorated based on the number of
   days during the quarter for which the agreement was in effect.
C. Description of any other types of fees or expenses clients may pay in connection with our advisory
   services, such as custodian fees or mutual fund expenses:
   Fees paid to JPKA are separate and distinct from fees charged by funds and fees paid to custodians. Clients
   may incur transaction charges for trades executed in their accounts from the custodians through which the
   trades are executed. These fees are separate from our fees, and we generally verbally review these
   custodial fees and fund expenses with new clients. Our practice is to minimize fees to clients whenever
   possible, using no-load and low cost securities as often as practical. These fees and transaction charges are
   usually small and incidental to the purchase or sale, and we believe the selection of the security is often
   more important than the nominal fee that the custodian charges for purchase and sale transactions.
D. Fees paid in advance:
   JPKA does not collect advisory fees in advance.
E. Commissionable Securities Sales:
   We do not sell securities for a commission in our advisory accounts.

ADV Part 2A – Firm Brochure                                            5

Item 7: Types of Clients and Account Requirements
     JPKA provides services to individuals, high net worth individuals, trusts, estates, charitable organizations,
     pension and profit sharing plans, corporations and other business entities. Client relationships vary in
     scope and length of service. JPKA has no minimum requirements for engaging our services. We reserve the
     right to refuse service to anyone if our services are not appropriate for you. In such instances, JPKA will
     attempt to provide suitable alternative advisor recommendations for your consideration.