Martin Fleisher JD PC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management          Annual Fees
        $2,000,000 - AND UP                    0.50%

MEFJDPC uses the value of the account as of the last business day of the billing period,
after taking into account deposits and withdrawals, for purposes of determining the
market value of the assets upon which the advisory fee is based. Accounts are billed
annually as it applies to each account. Fees are assessed on the account values as of the
determined period times the fee charged divided by 360.

These fees are generally negotiable, and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of MEFJDPC's fees within five business days of signing the Investment
Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
immediately upon written notice.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees will be invoiced and billed directly to the client.
Fees are paid in arrears annually.

C. Client Responsibility For 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 MEFJDPC. Please see Item 12 of this
brochure regarding broker-dealer/custodian.

D. Prepayment of Fees

MEFJDPC collects its fees in arrears. It does not collect fees in advance.

E. Outside Compensation for the Sale of Securities to Clients

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

Item 7: Types of Clients

MEFJDPC generally provides advisory services to High-Net-Worth Individuals.

There is an account minimum of $2,000,000, which may be waived by MEFJDPC in its discretion.