Keystone Wealth Advisors Incorporated

Item 5: Fees and Compensation
   Method of Compensation and Fee Schedule
   KWA bases its fees on a percentage of assets under management for asset management
   and hourly rates for financial planning and consulting.
   ASSET MANAGEMENT
   KWA offers discretionary and non-discretionary direct asset management services to
   advisory clients. KWA will offer clients ongoing portfolio management services through
   determining individual investment goals, time horizons, objectives, and risk tolerance.
   Investment strategies, investment selection, assets allocation, portfolio monitoring and
   the overall investment program will be based on the above factors.
   Fees for these services will be based on a percentage of Assets Under Management as
   follows:
       Total Assets Under Management                      Annual Fee           Quarterly Fee
          First $500,000 ($0 - $500,000)                    1.50%                .3750%
     Next $2,500,000 ($500,001 - $3,000,000)                1.00%                  .25%
    Nest $3,000,000 ($3,000,001 - $6,000,000)                .75%                .1875%
                  Over $6,000,000                            .50%                 .125%
 This is a tiered/blended fee schedule, the asset management fee is calculated by applying
 different rates to different portions of the portfolio. KWA may group certain related Client
 accounts for the purposes of achieving the minimum account size and determining the
 annualized fee.

                                  Keystone Wealth Advisors, Inc.

For example (based on quarterly billing period):
Client with $2,500,000 under management would pay $6,875.00 on an quarterly basis.
             AUM                  Quarterly Fee        Total
             First $500,000       x 0.3750% =          $1,875.00
             Next $2,000,000      x 0.25% =            $5,000.00
             Total for the quarter                     $6,875.00
  These fees are negotiable, and the final fee schedule is attached as Exhibit II of the
  Investment Advisory Contract. Fees are paid quarterly in advance, and clients may
  terminate their contracts with thirty days' written notice. Refunds are given on a
  prorated basis, based on the number of days remaining in a quarter at the point of
  termination. Clients may terminate their contracts without penalty, for full refund,
  within 5 business days of signing the advisory contract. Advisory fees are withdrawn
  directly from the client's accounts with written authorization.
  KWA may also utilize the services of a Sub-Advisor to manage Clients’ investment
  portfolios by executing a Sub-Advisor agreement with other registered investment
  advisor firms. When using Sub-Advisors, the Client will pay additional fees. The Sub-
  Advisor’s fees are disclosed in KWA’s investment advisory agreement or if the client
  executes an agreement directly with the sub-advisor the fees will be disclosed in the
  agreement with the sub-advisor.
  ERISA PLAN SERVICES
  The annual fees are based on the market value of the Included Assets and will range
  from .15% to 1.00% of the plan assets The initial fee will be based on the market value of
  the Plan assets as calculated by the custodian or record keeper of the Included Assets on
  the first business day of the initial fee period and will be due on the first business day of
  the fee period. If the services to be provided start any time other than the first day of a
  month; the fee will be prorated based on the number of days remaining in the initial fee
  period. Thereafter, the fee will be based on the market value of the Plan assets on the
  last business day of the previous fee period (without adjustments for anticipated
  withdrawals by Plan participants or other anticipated or scheduled transfers or
  distribution of assets) and will be due the following business day. If this Agreement is
  terminated prior to the end of the fee period, KWA shall be entitled to a prorated fee
  based on the number of days during the fee period services were provided. Any
  unearned fees shall be refunded to the Plan or Plan Sponsor.
  The compensation of KWA for the services is described in detail in Schedule A of the
  ERISA Plan Agreement. The Plan is obligated to pay the fees, however the Plan Sponsor
  may elect to pay the fees. KWA does not reasonably expect to receive any additional
  compensation, directly or indirectly, for its services under this Agreement. If additional
  compensation is received, KWA will disclose this compensation, the services rendered,
  and the payer of compensation. KWA will offset the compensation against the fees
  agreed upon under this Agreement.

                                 Keystone Wealth Advisors, Inc.

   FINANCIAL PLANNING and CONSULTING
   HOURLY FEES
   Depending upon the complexity of the situation and the needs of the client, the hourly
   fee for these services is between $150 and $300. The fees are negotiable, and the final
   fee schedule will be attached as Exhibit II of the Financial Planning Agreement. Fees are
   paid in arrears upon completion. Clients may terminate their contracts without penalty
   within five business days of signing the advisory contract. KWA reserves the right at its
   full discretion to waive any or all of financial planning fees.
  Client Payment of Fees
  Investment management fees are billed quarterly, in advance, meaning that you are
  charged before the three-month billing period has ended. Fees are usually deducted
  from a designated client account to facilitate billing. The client must consent in advance
  to direct debiting of their investment account.
   Fees for ERISA Plan Services will be billed according to the third party administrator
   utilized for the plan and disclosed on the ERISA agreement.
   Fees for financial plans are due upon delivery of the financial plan.
  Additional Client Fees Charged
...

Item 7: Types of Clients
   Description
   KWA generally provides investment advice to individuals, pension and profit sharing
   plans, trusts, estates, charitable organizations, corporations and business entities.
   Client relationships vary in scope and length of service.
   Account Minimums
   There is an account minimum, $1,000,000, which may be waived by the investment
   advisor, based on the needs of the client and the complexity of the situation.