Lifemark Securities Corp

Item 5: Fees and Compensation
Fees for Investment Advisory Services
Clients who participate in LMSC’s investment advisory services will enter into an IAA with LMSC in which
the client agrees to pay LMSC an “Advisory Fee” for the investment advisory services offered. Fees paid
to the IAR for investment advisory services (“IAR Fee”) are negotiable. The fees the client will be charged
are dependent upon the account value, the investment program, the level of service to be provided, and
the complexity of the client’s financial situation, among other factors. Fees are charged based on a
percentage of the client’s account value as determined by the custodian of their account. Fees will be
assessed for all positions in the account including cash and cash equivalents unless specifically excluded
in the client’s IAA.

In addition to the IAR fee, advisory programs include additional fees such as custodian fees, platform
fees, manager fees, and transaction fees. The IAR is authorized to charge a fee within an allowable
range, starting from 0.35% to 0.5% depending on the asset level, and a maximum that cannot exceed
2.0%. Note that while LMSC caps the amount of the IAR fee at 2.0%, the client fee may exceed 2.0%
based on the program used and optional add-ons such as 3rd party strategists or tax overlay services.
Under certain circumstances, the IAR may charge a discounted or premium fee based on the nature and
complexity of the investment advisory services being performed for the client. This requires preapproval
by LMSC’s compliance department. Fees charged by the custodian, platform, and managers are outlined
in further detail in their disclosure documents.
IAR fees are payable monthly or quarterly, in advance or in arrears, and are deducted directly from the
client’s account. The billing method and frequency are dependent upon the custodian and platform
being used.

Custodian fees may be payable monthly or quarterly, in advance or in arrears, and are deducted directly
from the client’s account. The billing method and frequency are dependent upon the custodian being
used.

Platform fees may be payable monthly or quarterly, in advance or in arrears, and are deducted directly
from the client’s account. The billing method and frequency are dependent upon the platform being
used.

Manager fees may be payable monthly or quarterly, in advance or in arrears, and are deducted directly
from the client’s account. The amount paid by the client for manager fees are based on the agreement
and negotiated between the manager and the platform. Depending on the manager selected, a manager
minimum may apply.

Depending on the client’s account size and program selected, the custodian or platform may impose a
minimum annual account fee. The billing method and frequency for the fees mentioned above are
subject to change.

Transaction fees may be charged by the custodian for purchases or sales of certain mutual funds and
ETFs. These transaction fees are usually small and incidental to the purchases or sales of securities.

                                                                                    Revised March 9, 2026

Mutual funds generally charge a management fee for their services as investment managers. The
management fee is called an expense ratio. For example, an expense ratio of 0.50 means that the
mutual fund company charges 0.5% for their services. ETFs also have expense ratios similar to mutual
funds but are generally lower than those fees charged by mutual funds. These expense ratios are in
addition to the IAR fee, custodian fee, platform fee, and manager fee. Performance figures quoted by
mutual fund companies in various publications are after their fees have been deducted.

If the advisory contract is terminated before the end of the billing period, the client will receive a rebate
for pre-paid advisory services. If paid in arrears, the client will be assessed a prorated fee based on the
amount of days that investment advisory services were performed during the billing period.

Since LMSC does not custody client assets, and advisory fees are deducted directly from the client’s
accounts, rarely should a past due situation arise. LMSC, however, reserves the right to stop work on any
account that is more than 90 days overdue should that situation arise.

In addition, LMSC reserves the right to terminate any relationship where the client has willfully
concealed or has refused to provide pertinent information about financial situations when necessary
and appropriate, in LMSC’s judgment, to providing proper investment advisory services. Any unused
portion of fees collected in advance will be refunded within 30 days.

Fees for Financial Planning and Consulting
The fee for a financial plan is dependent upon the services to be rendered. LMSC has several fee
payment options for financial planning and consulting services. The specific fee payment option utilized
in any given situation shall be fully discussed with the client and disclosed in the LMSC Financial Planning
Services Agreement, which the client signs with the IAR prior to the commencement of any financial
planning and consulting services. Some of the possible fee payment options are a flat fee arrangement,
hourly fee arrangement, or one-time payment only arrangement.

Flat Fee Arrangement: The IAR may charge a flat fee typically ranging from $250 -$5,000 depending on
the nature and complexity of the services to be rendered for the client. The fee will be due per the
stated frequency (i.e., monthly, quarterly, semi-annually, or annually) agreed upon in the Financial
Planning Services Agreement.

Hourly Fee Arrangement: The IAR may charge an hourly fee typically ranging from $100 - $500 per hour
depending on the nature and complexity of the services to be rendered for the client.

One-Time Payment Only Arrangement: The IAR may charge a one-time fee depending on the nature
...

Item 7: Types of Clients
Description
LMSC generally provides advisory services to individuals, employee-sponsored retirement plans, trusts,
estates, corporations, or other business entities. Client relationships vary in scope and length of service.

Account Minimums
If applicable, minimum account sizes vary depending on the platform and manager being used within
that platform. Each TAMP further outlines their account and manager minimums in their respective firm
brochures. These minimums are subject to change without notice.