Life Planning Advisors LLC

ITEM 5: FEES & COMPENSATION

We are compensated for our advisory services provided to you.

       (i) Asset Management:

           Assets Under                Annual Percentage of Assets Charge*
           Management
           $0 to $250,000                             1.00-2.00%
     $250,000 to $1,000,000                          0.75%-1.50%
    Greater than $1,000,000                           0.50%-1.0%

            *Our firm’s fees are billed on a pro-rata annualized basis quarterly in arrears based on the value of
            your account on the last day of the quarter.

            Cash held in your account is charged the same management fee as the other assets held in your
            account.

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        (ii) Referrals to Third Party Money Managers:

             We are paid by third party money managers when we refer you to them and you decide to open a
             managed account with them. Third party money managers pay us a portion of the investment
             advisory fee that they charge you for managing your account. Fees paid to us by third party money
             managers are ongoing unless the agreement is terminated. The separate written disclosures you
             need to be provided with include a copy of the third party money manager’s Form ADV Part 2, all
             relevant Brochures, a Solicitation Disclosure Statement detailing the exact fees we are paid and a
             copy of the third party money manager’s privacy policy. .

   B.   Description of whether we deduct fees from clients’ assets or bill clients for fees incurred.

        (i) Asset Management:

            Our firm’s fees are billed on a pro-rata annualized basis quarterly in arrears based on the total
            asset value of your account on the last day of the quarter. Fees will be automatically deducted from
            your managed account.

            We directly bill clients at our discretion.

         (ii) Referrals to Third Party Money Managers:

             Third party money managers establish and maintain their own separate billing processes over
             which we have no control. They will directly bill you and describe how this works in their separate
             written disclosure documents.

   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.

         All fees paid to Life Planning Advisors for investment advisory services are separate and distinct from
         the fees and expenses charged by mutual funds to their shareholders. Mutual fund expenses are
         described in each fund’s prospectus. These expenses include a management fee, other fund expenses,
         and may include a distribution fee.

         Clients may incur transaction fees or commissions in connection with trading of mutual funds, ETF,
         individual stock and bonds (and/or principal mark---ups and mark---downs for principal trades),
         which are charged by the custodian. Mutual fund transaction fees charged by our recommended
         custodian, Charles Schwab and Company generally vary from $24 to $35 for each purchase and sale
         transaction. The transactions costs for stock and bond trades vary. Accordingly, the client should
         review both the fees charged by the funds, the transaction fees charged by the custodian, as well as
         the fees charged by Life Planning Advisors to fully understand the total amount of fees and costs paid
         by the client, in connection with any recommended transaction.

         Clients may also incur “account termination fees” upon the transfer of an account from one brokerage
         firm (custodian) to another. The range for these account termination fees is believed to be
         $0 to $200 at present, but at times may be higher. Clients should contact their custodians (brokerage
         firms, bank, or trust company) to determine the amount of account termination fees which may be
         charged and deducted from their existing accounts which may be transferred.

   D.   We must disclose if client’s advisory fees are due quarterly in advance. Explain how a client may obtain
        a refund of a pre-paid fee if the advisory contract is terminated before the end of the billing period.

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       Clients may cancel a new advisory agreement without penalty by providing written notice of such
       cancellation to Life Planning Advisors within five (5) business days of the date of signing the agreement.
       Either party may terminate any advisory agreement without penalty upon notice in writing to the
       other party. Upon termination of any account, any prepaid, unearned fees will be promptly refunded,
       with the refund calculations based pro rata to the date of termination.
       Life Planning Advisors will continue to provide services to your account until we receive written
       notification from you to terminate the account.

Item 7: Types of Clients & Account Requirements

   We have the following types of clients:
    • Individuals and High Net Worth Individuals; and
    • Corporations, Limited Liability Companies and/or Other Business Types

 We require a minimum account balance of $250,000 for our Asset Management service. Generally, this minimum
 account balance requirement is negotiable and would be required throughout the course of the client’s relationship
 with our firm.