Marks Wealth LLC

Item 5. Fees and Compensation

  MWM offers investment management services for an annual fee based on the amount of assets under the
  Firm’s management. This management fee varies in accordance with the following fee schedule:

                               PORTFOLIO VALUE                        BASE FEE
                                    Up to $499,999                       2.50%
                                 $500,000 - $999,999                     2.00%
                               $1,000,000 - $1,999,999                   1.50%
                               $2,000,000 - $4,999,999                   1.00%
                               $5,000,000 - $9,999,999                   0.85%
                                $10,000,000 and above                    0.75%

  The annual fee is prorated and charged monthly, in arrears, based upon the market value of the assets being
  managed by MWM on the last day of the month. If assets are deposited into or withdrawn from an account
  after the inception of a billing period, the fee payable with respect to such assets is adjusted to reflect the
  days that the assets were managed. For the initial period of an engagement, the fee is calculated on a pro
  rata basis. In the event the advisory agreement is terminated, the fee for the final billing period is prorated
  through the effective date of the termination and the outstanding or unearned portion of the fee is charged
  or refunded to the client, as appropriate.

  Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g.,
  held-away assets, accommodation accounts, alternative investments, etc.), MWM can negotiate a fee rate
  that differs from the range set forth above. Clients are advised that a conflict of interest exists for the Firm
  to recommend that clients engage MWM for additional services for compensation, including rolling over
  retirement accounts or moving other assets to the Firm’s management. Clients retain absolute discretion
  over all decisions regarding engaging the Firm and are under no obligation to act upon any of the
  recommendations.

Disclosure Brochure

  Fee Discretion

  MWM may, in its sole discretion, negotiate to charge a lesser fee based upon certain criteria, such as
  anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
  managed, related accounts, account composition, pre-existing/legacy client relationship, account retention,
  pro bono activities, or competitive purposes.

  Additional Fees and Expenses

  In addition to the advisory fees paid to MWM, clients also incur certain charges imposed by other third
  parties, such as broker-dealers, custodians, trust companies, banks and other financial institutions
  (collectively “Financial Institutions”). These additional charges include securities brokerage commissions,
  transaction fees, custodial fees, fees attributable to alternative assets, margin and other borrowing costs,
  charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the fund’s prospectus
  (e.g., fund management fees and other fund expenses), deferred sales charges, odd-lot differentials, transfer
  taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities
  transactions. The Firm’s brokerage practices are described at length in Item 12, below.

  Direct Fee Debit

  Clients provide MWM with the authority to directly debit their accounts for payment of the investment
  advisory fees. The Financial Institutions that act as the qualified custodian for client accounts, from which
  the Firm retains the authority to directly deduct fees, have agreed to send statements to clients not less than
  quarterly detailing all account transactions, including any amounts paid to MWM.

  Use of Margin

  MWM can be authorized by clients to use margin in the management of the client’s investment portfolio.
  This is typically used for cash needs. In these cases, the fee payable will be assessed net of margin such that
  the market value of the client’s account and corresponding fee payable by the client to MWM will not be
  increased.

Disclosure Brochure

  Account Additions and Withdrawals

  Clients can make additions to and withdrawals from their account at any time, subject to MWM’s right to
  terminate an account. Additions can be in cash or securities provided that the Firm reserves the right to
  liquidate any transferred securities or declines to accept particular securities into a client’s account. Clients
  can withdraw account assets on notice to MWM, subject to the usual and customary securities settlement
  procedures. However, the Firm designs its portfolios as long-term investments and the withdrawal of assets
  may impair the achievement of a client’s investment objectives. MWM may consult with its clients about
  the options and implications of transferring securities. Clients are advised that when transferred securities
  are liquidated, they may be subject to transaction fees, short-term redemption fees, fees assessed at the
  mutual fund level (e.g., contingent deferred sales charges) and/or tax ramifications.

Item 7. Types of Clients

  MWM offers services to individuals. Those individuals may also request that the Firm provide services to
  trusts, estates, charitable organizations, corporations and other business entities.