Millennium Capital Advisors LLC

Item 5 Fees and Compensation
Please refer to the Advisory Business section in this brochure for information on our advisory fees, fee
deduction arrangements, and refund policy according to each service we offer.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. You will also incur transaction charges and/or
brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by
the broker-dealer or custodian through whom your account transactions are executed. We do not
share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or
custodian. To fully understand the total cost you will incur, you should review all the fees charged by
mutual funds, exchange traded funds, our firm, and others. For information on our brokerage practices,
please refer to the "Brokerage Practices" section of this brochure.

Clients who invest in private placements or other privately offered pooled investment vehicles
recommended by MCA should be aware that such investments often charge their own fees and
expenses, which are separate from and in addition to the advisory fees paid to the Adviser. These
fees may include, but are not limited to, management fees, administrative expenses, organizational
costs, fund-level operating expenses, and performance-based compensation (such as carried
interest, incentive allocations, or performance fees) charged by the sponsor or manager of the private
investment. These additional fees and expenses will reduce the net return on the client's
investment. MCA does not control the fees charged by third-party private fund managers and may
receive offering documents or disclosures describing these fees from the managers. Clients should
review all private placement offering materials carefully before investing.

Compensation for the Sale of Securities or Other Investment Products
We are affiliated through common control and ownership with Millennium Insurance Services, LLC
("MIS"), a licensed insurance agency offering a variety of insurance services and products, including,
but not limited to, life, disability, health, and long-term care. Justin Deckard, President and Investment
Adviser Representative, is licensed as an independent insurance agent and is eligible to earn
commission-based compensation for selling various insurance products from a variety of product
sponsors. Insurance commissions earned are separate and in addition to our advisory fees. This
practice presents a conflict of interest because persons providing investment advice on behalf of our
firm who are insurance agents have an incentive to recommend insurance products to you for the
purpose of generating commissions rather than solely based on your needs. Prior to recommending an
insurance service or product, we will review your goals and objectives and will only make such
recommendation where we believe it is in your best interest. You are under no obligation, contractually
or otherwise, to purchase insurance products through any person affiliated with our firm or through our
affiliated insurance agency, MIS.

Justin Deckard, an investment adviser representative of our firm is also a registered representative
with St. Bernard Financial Services, a securities broker-dealer, and a member of the Financial Industry
Regulatory Authority and the Securities Investor Protection Corporation. In his capacity as a registered
representative, he is eligible to earn commission-based compensation in connection with the purchase
and sale of securities, including 12b-1 fees for the sale of investment company products.
Compensation earned by him in his capacity as a registered representative is separate and in addition
to our advisory fees. This practice presents a conflict of interest because he could have an incentive to
effect securities transactions for the purpose of generating commissions rather than solely based on
your needs. You are under no obligation, contractually or otherwise, to purchase securities products
through Mr. Deckard or through St. Bernard Financial Services, Inc.

Generally, securities and insurance products for which anyone affiliated with our firm would earn
commission-based compensation are not offered to advisory clients of our firm. However, in the
unlikely event you purchase insurance or securities products through any of our associated persons or
through our affiliated insurance agency, we would offset our advisory fees to the extent such persons
associated with our firm or affiliated insurance agency would earn separate commissions.

Item 7 Types of Clients
We currently provide investment advisory services to individuals (including high net worth individuals),
trusts, estates and participants in pension and profit-sharing plans) corporations, and charitable
organizations. We may also offer our services to banking institutions, pension and profit sharing plans,
or other business entities.

In general, we require a minimum of $50,000 to open and maintain an advisory account. At our
discretion, we may waive this minimum account size. For example, we may waive the minimum if you
appear to have significant potential for increasing your assets under our management. We may also
combine account values for you and your minor children, joint accounts with your spouse, and other
types of related accounts to meet the stated minimum.