M3 Advisory Group LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client shall sign one or more advisory agreements that detail the responsibilities of M3 and the
Client.

A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid monthly (the “billing period”) at the end of each billing period, pursuant to the
terms of the investment advisory agreement. Investment advisory fees are based on the market value of assets
under management at the end of each billing period. Fixed Investment advisory fees range from 0.50% to 2.00%,
depending on the size and complexity of the Client relationship. Relationships with multiple goals and objectives
and other complexities may be charged a higher fee. The Advisor may also charge its annual investment advisory
fee according to the tiered fee schedule below:

                             Assets Under Management ($)                  Annual Rate (%)
                             $0 to $4,999,999                                  0.65%
                             $5,000,000 to $9,999,999                          0.35%
                             $10,000,000 and above                             0.25%

Investment advisory fees in the first billing period of service are prorated to the inception date of the account[s] to
the end of the first billing period. Fees may be negotiable at the sole discretion of the Advisor. Certain legacy Clients
may have fees that are charged in advance or based on a different fee methodology. The Client’s fees will take into
consideration the aggregate assets under management with Advisor. All securities held in accounts managed by
M3 will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s
valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers - As noted in Item 4, the Advisor may implement all or a portion of a Client’s
investment portfolio utilizing one or more Independent Managers. To eliminate any conflict of interest, the Advisor
does not earn any compensation from an Independent Manager. The Advisor will only earn its investment
advisory fee as described above. The total blended fee, including the Advisor’s fee and the Independent
Manager’s fee, will not exceed 2.00% annually.
                                                  M3 Advisory Group, LLC
                                  60 Kendrick Street, Suite 203, Needham Heights, MA 02494
                                        Phone: (781) 371-2670 * Fax: (781) 371-2690
                                                        www.m3ag.com

Financial Planning and Consulting Services
M3 occasionally offers financial planning or consulting services on an hourly basis at a rate ranging from $150 to
$350 per hour, based on a fixed fee per engagement. Fees may be negotiable based on the nature and complexity
of the services to be provided, the overall relationship with the Advisor, and the experience and billing rate of the
individual providing services. An estimate for total hours and costs will be determined prior to engaging for these
services. M3 also offers ongoing financial planning services for a fixed fee which can be charged monthly or
quarterly in arrears or as an annual fee ranging from $5,000 to $80,000 per year.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged an annual asset-based fee of up to 1.00%. Fees may be
negotiable depending on the size and complexity of the Plan.

B. Fee Billing
Investment Management Services
Investment advisory fees will be calculated by the Advisor and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at each billing period. The amount due is calculated by applying the monthly or
quarterly rate to the total assets under management with M3 at the end of the billing period. Clients will be provided
with a statement, at least quarterly, from the Custodian reflecting deduction of the investment advisory fees. It is the
responsibility of the Client to verify the accuracy of these fees as listed on the Custodian’s brokerage statement as
the Custodian does not assume this responsibility. Clients provide written authorization permitting advisory fees to
be deducted by M3 directly from their account[s] held by the Custodian as part of the investment advisory
agreement and separate account forms provided by the Custodian.

Financial Planning and Consulting Services
Financial planning fees are invoiced by the Advisor and are due upon completion of the agreed upon deliverable[s].
Ongoing financial planning fees are invoiced monthly or quarterly in arrears.

Retirement Plan Advisory Services
Fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan, depending on the terms
of the retirement plan advisory agreement.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Advisor and the Independent Manager
will each assume the responsibility for calculating and deducting their respective fees from the Client’s account[s]

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than M3, in connection with investment
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian. The Advisor's recommended Custodian does not charge securities transaction fees for
...

Item 7 – Types of Clients
M3 offers investment advisory services to individuals, high net worth individuals, trusts, estates, retirement plans,
charitable organizations, and corporations. M3 generally does not impose a minimum size for establishing a
relationship.