L&L Partners Wealth Management LLC

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based Fees for Portfolio Management

        Total Assets Under Management          Annual Fee

        $0 - $100,000                          2.50%

        $100,000 - $500,000                    2.25%

        $500,000 - $1,500,000                  2.00%

        $1,500,000 - $2,500,000                1.75%

        $2,500,000 - $5,000,000                1.50%

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of
the Investment Advisory Contract. Clients may terminate the agreement without penalty
for a full refund of L&L's fees within five business days of signing the Investment
Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
generally with 1 days' written notice.

L&L bills based on the balance on the first day of the billing period.

Selection of Other Advisers Fees

L&L may direct clients to third-party investment advisers. L&L will be compensated via
a fee share from the advisers to which it directs those clients. The fees shared are
negotiable and will not exceed any limit imposed by any regulatory agency. The notice of
termination requirement and payment of fees for third-party investment advisers will
depend on the specific third-party adviser selected.

B. Payment of Fees

Payment of Asset-Based Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts
with client's written authorization on a quarterly basis. Fees are paid in advance.

Payment of Selection of Other Advisers Fees

Fees are paid quarterly in advance.

C. Client ResponsibilityFor Third Party Fees

Clients are responsible for the payment of all third party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by L&L. Please see Item 12 of this brochure
regarding broker-dealer/custodian.

D. Prepayment of Fees

L&L collects fees in advance. Refunds for fees paid in advance will be returned within
fourteen days to the client via check, or return deposit back into the client’s account.

For all asset-based fees paid in advance, the fee refunded will be the balance of the fees
collected in advance minus the daily rate* times the number of days in the billing period
up to and including the day of termination. (*The daily rate is calculated by dividing the
annual asset-based fee rate by 365.)

E. Outside Compensation For the Sale of Securities to Clients

Neither L&L nor its supervised persons accept any compensation for the sale of securities
or other investment products, including asset-based sales charges or service fees from the
sale of mutual funds.

Item 7: Types of Clients

L&L generally provides advisory services to the following types of clients:

           ❖   Individuals
           ❖   High-Net-Worth Individuals
           ❖   Charitable Organizations
           ❖   Corporations or Business Entities

Minimum Account Size for Portfolio Management

There is an account minimum of $100,000, which may be waived by L&L in its discretion.