JPS Financial LLC

Item 5 Fees and Compensation
Portfolio Management Services
Our fee for portfolio management service is based on a percentage of your assets under management
and is set forth in the following blended fee schedule:

Assets Under Management                              Maximum Annual Advisory Fee*
Up to $250,000                                       1.25%
$250,001 - $500,000                                  1.00%
$500,001 - $1,000,000                                0.90%
$1,000,001 - $3,000,000                              0.85%
$3,000,001 - $6,000,000                              0.75%
Over $6,000,000                                      0.65%

Our annual portfolio management fee is billed and payable quarterly in advance based on the value of
your account on the last day of the previous quarter. If the portfolio management agreement is
executed at any time other than the first day of a calendar quarter, our fees will apply on a pro rata
basis, which means that the advisory fee is payable in proportion to the number of days in the quarter
for which you are a client. You may make additions to your account and/or withdrawals from your
account at any time. If assets are deposited into or withdrawn from an account after the inception of a
quarter, we will adjust the fee based on the number of days remaining in the quarter. Since we bill your
account quarterly in advance, any adjustments to your account will be reflected in the next quarter’s
billing statement. We design portfolios as long-term investments and asset withdrawals may impair the
achievement of your investment objectives. Our advisory fee is negotiable, depending on individual
client circumstances.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts. Combining
account values may increase the asset total, which may result in your paying a reduced advisory fee
based on the available breakpoints in our fee schedule stated above.

Generally, we will deduct our fee directly from your account through the qualified custodian holding
your funds and securities. We will deduct our advisory fee only when you have given our firm written
authorization permitting the fees to be paid directly from your account. Further, the qualified custodian
will deliver an account statement to you at least quarterly. These account statements will show all
disbursements from your account. You should review all statements for accuracy. In limited
circumstances and in our sole discretion, we may agree to invoice for the payment of our advisory fee.

You may terminate the portfolio management agreement upon 30-days' written notice to our firm. You
will incur a pro rata charge for services rendered prior to the termination of the portfolio management
agreement, which means you will incur advisory fees only in proportion to the number of days in the
quarter for which you are a client. If you have pre-paid advisory fees that we have not yet earned, you
will receive a prorated refund of those fees.

We encourage you to review the statement(s) you receive from the qualified custodian. If you find any
inconsistent information with the statement(s) you receive from the qualified custodian, please call our
main office number located on the cover page of this brochure.

Portfolio Consulting Services
Our annualized fee for Portfolio Consulting services is 1.00% of your portfolio assets. Our fee for this
service is billed quarterly in advance. Our fees will be assessed pro rata in the event that the advisory
agreement is executed at any time other than the first day of a billing period. In certain circumstances,
you may only require advice on a single aspect of the management of your financial resources. In this
case, we offer a general consulting service that addresses only those specific areas of your interest or
concern. For consulting services, our fees will be based on our negotiable hourly rate of $250, which
will be due and payable as invoiced. Our fee is negotiable depending on individual client
circumstances. In all cases, applicable fees, fee payment arrangements, and the terms of the
engagement will be clearly set forth in the advisory agreement executed between our firm and you
prior to services being rendered.

You may terminate the Portfolio Consulting Agreement upon 30-days' written notice to our firm. You
will incur a pro rata charge for services rendered prior to termination, which means you will incur
advisory fees only in proportion to the number of days in the quarter for which you are a client. If you
have pre-paid advisory fees that we have not yet earned, you will receive a prorated refund of those
fees. The advisory fees will be pro-rated for the quarter in which the cancellation notice was given, and
any pre-paid unearned fees will be refunded to you.

Financial Planning Services
We offer financial planning services on either an hourly basis or fixed fee basis. Our hourly fee is $250
and our fixed fees range from $1,500 to $5,000. Generally, our hourly fee is billed for general
consulting services and our fixed fees are billed for broad-based or project-based financial planning. In
limited circumstances, we may negotiate a fee above our maximum $5,000 fixed fee where the client
requires planning services beyond the scope of our general financial planning services.

Our financial planning fees - both hourly and fixed fees - are negotiable depending upon the complexity
and scope of the plan, your financial situation, and your objectives. Our hourly fees are generally due
upon completion of services rendered. For our fixed fees, however, we require that you pay 50% of the
fee in advance with the remaining portion due upon completion of services rendered. In our sole
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Item 7 Types of Clients
We offer investment advisory services to pension and profit-sharing plans, individuals, and high net
worth individuals, including business owners, professionals, corporate executives, beneficiaries, and
retirees.

In general, we require a minimum of $250,000 to open and maintain an advisory account. At our
discretion, we may waive this minimum account size. For example, we may waive the minimum if you
appear to have significant potential for increasing your assets under our management. We may also
combine account values for you and your minor children, joint accounts with your spouse, and other
types of related accounts to meet the stated minimum.