Mary & PIP Investments LLC

ITEM 5 - FEES & COMPENSATION
In addition to the information provided in Item 4, this section details our Firm’s services and each service’s fees
and compensation arrangements. The Client and Mary & Pip’s Investment Advisory Agreement will outline and
agree upon the exact costs and other terms related to the Client’s Accounts. All advisory and platform fees are
paid to Mary & Pip Investments LLC.

ONLINE TECHNOLOGY PLATFORM FEE
Mary & Pip charges a technology platform fee to access our digital advisory program, tools, and ongoing
portfolio monitoring. The technology platform fee is a fixed subscription fee and is not based on the size of a
client’s account. Clients may pay the fee monthly at a rate of $12 per month or annually in advance at a rate of
$120 per year, which is equivalent to $10 per month. We may waive or reduce the subscription fee for certain
clients or groups of clients in our discretion, and we may change the subscription fee in the future upon written
notice to clients.

INVESTMENT MANAGEMENT FEE
In addition to our online technology platform fee, we charge an annual investment advisory fee of 0.40% of
assets under management, including cash management. Clients should understand that fees charged on cash
balances may exceed the returns generated by cash or cash-equivalent investments, particularly in low-interest
environments.
Our annual fee is reasonable in relation to (1) the services provided and (2) the fees charged by other investment
advisers offering similar services and programs.
Investment Management fees are based on the average daily balance and billed monthly in arrears.
Mary & Pip’s fees are not negotiable, but at our discretion, we may waive fees on friend or family accounts.
Because we value savings as well as investing, we require a $5,000 minimum account balance prior to any
advisory fee applied. The investment advisory fees will be deducted from your account and paid directly to our
Firm by the qualified Custodian(s) of your account. The Client will authorize your account's qualified Custodian(s)
to deduct fees from the account and pay such fees directly to our Firm. All account assets, transactions, and
advisory fees will be shown on the monthly or quarterly statements provided by the Custodian. You should
review your account statements received from the qualified Custodian(s) and verify that appropriate investment
advisory fees are being deducted. The qualified Custodian(s) will not verify the accuracy of the investment
advisory fees deducted.
Accounts initiated or terminated during a calendar month will be charged a prorated fee based on the number
of days the Client account was open during that month.

ADDITIONAL FEES & EXPENSES
In addition to the advisory fees paid to our Firm, Clients also incur certain charges imposed by other third parties,
such as broker-dealers, Custodians, trust companies, banks, and other financial institutions. These additional
charges include securities, custodial fees, fees charged by the ITPM, and Manager charges imposed by an ETF
in a Client’s account, as disclosed in the fund’s prospectus (e.g., fund management fees and other fund
                                                                                                ADV PART 2A BROCHURE
                                                                                                  06.2026 | PAGE 7 OF 22

expenses), deferred sales charges, odd-lot differentials, transfer. Our brokerage practices are described at
length in Item 12 – Brokerage Practices below. Neither our Firm nor its supervised persons accept commission
compensation for selling securities or other investment products. Further, we do not share any additional fees
and expenses outlined above.
Clients who hold Individual Retirement Accounts (“IRAs”) at our Custodian, Alpaca Securities LLC, will be subject
to additional pass-through fees charged by the Custodian in accordance with the Fully Disclosed Clearing
Agreement between the Firm and Alpaca, as amended April 29, 2026. These include a monthly account
maintenance fee of $1.00 per IRA, an account closing fee of $40.00 per IRA, and a tax form correction fee of
$35.00 per correction. In addition, an account opening fee of $0.25 per account applies under Alpaca’s KYC
Reliance model (with the one-time CIP Integration setup fee currently waived). These fees are charged by the
Custodian, not by the Firm, and are subject to change by the Custodian on notice. Clients should review the
Custodian’s fee schedule and account agreement for a complete list of custodial fees.
Our Firm’s investment strategies include exchange-traded funds (“ETFs”). The expense ratio is the annual fee
that all ETFs charge their shareholders. It expresses the percentage of assets deducted each fiscal year for funds
expenses, including management fees, administrative fees, operating costs, and all other asset-based costs
incurred by the fund.

ITEM 7 - TYPES OF CLIENTS
Mary & Pip primarily provides investment advisory services to individual investors and families through a digital
online platform. Our clients are typically retail investors who open accounts online, complete an electronic
onboarding process, and maintain their accounts on a self-directed basis with our recommended portfolios and
tools.
Client accounts are typically established as individual, joint, or retirement accounts, and are held at an
independent qualified custodian with whom we have a relationship. Clients must agree to receive disclosures,
statements, and communications electronically to participate in our program.
We do not require a minimum account size to open or maintain an advisory account. However, very small account
balances may not be appropriate for our services, particularly when the ongoing subscription fee is considered.
We reserve the right to decline to open an account or to close an account if we determine that our services are
no longer appropriate for that client.

                                                                                             ADV PART 2A BROCHURE
                                                                                                06.2026 | PAGE 8 OF 22