Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.
A. Fees for Advisory Services
Wealth Management Services
Investment advisory fees are paid quarterly, in advance of each calendar quarter 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 the prior calendar quarter. Investment advisory fees generally range from 0.50% – 1.80% and fees for the Mayflower
E-Z IRA service range from 0.50% to 0.70% annually based on several factors, including: the scope and complexity of
the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor.
Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other complexities may
be charged a higher fee.
The investment advisory fee in the first quarter of service is prorated from the inception date of the account[s] to the end
of the first quarter. Clients can make additions to and withdrawals from their account at any time, subject to Mayflower
Advisors right to terminate an account. Additions can be in cash or securities provided that the Advisor 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 Mayflower Advisors, subject to the usual and customary securities settlement
procedures. However, the Advisor designs its portfolios as long-term investments and the withdrawal of assets may
impair the achievement of a client’s investment objectives. Mayflower Advisors 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.
Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the aggregate
assets under management with the Advisor. All securities held in accounts managed by Mayflower Advisors 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
Mayflower Financial Advisors, LLC
265 Franklin Street, Suite 401, Boston, MA 02110
Phone: (866) 688-0180 * Fax: (617) 259-1768
https://mayfloweradvisors.com/
Independent Manager. The Advisor will only earn its investment advisory fee as described above. The Advisor will
allocate a portion of the advisory fee collected to the Independent Manager pursuant to the terms of the executed
agreement between the Advisor and the Independent Manager. The total blended fee, including the Advisor’s fee and
the Independent Manager’s fee, will not exceed 2.0% annually.
Financial Planning Services
Mayflower Advisors offers standalone financial planning services for a fixed engagement fee ranging from $500 to
$20,000 per engagement. Fees may be negotiable based on the nature and complexity of the services to be provided
and the overall relationship with the Advisor. An estimate for total costs will be determined prior to engaging for these
services.
Retirement Plan Advisory Services
Mayflower Advisors charges a fixed or asset-based fee to provide Clients with retirement plan advisory services. Each
engagement is individually negotiated and tailored to accommodate the needs of the individual Plan Sponsor, as
memorialized in the retirement plan advisory agreement. These fees vary, based on the scope of the services to be
rendered, amount of assets in the Plan, number of employees covered, and the individual providing services. In those
situations where Mayflower Advisors has agreed to advise on the plan’s assets, the Advisor charges an annual asset-
based fee between 0.05% – 0.50%, which may be in addition to, or in lieu of, the fixed fee. Additional fees may be
incurred for additional services such as access to financial wellness platforms, pursuant to the retirement plan advisory
services agreement. Client’s are not obligated to agree to this additional service as part of the Retirement Plan Advisory
Services.
Private Fund Advisor Services
The Private Funds pay the Advisor a management fee calculated by multiplying the aggregate amount of committed
capital ranging up to 1.00%. Payments are due in advance in upfront installments. The Advisor may not collect interest
or penalties for any late payments if the Advisor fails to timely send the Private Funds an invoice each time a payment
becomes due. Additionally, the Advisor may also charge performance-based fees as outlined in Item 6 below. For
more detailed information on the fees and compensation received by the Advisor and its affiliates, please
refer to the respective Fund’s Offering Documents.
Sub-Advisory Management Services
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