Miramontes Capital LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Wrap Comprehensive Portfolio Management:

    The maximum fee for this service will not exceed 2.25% per annum. For billing purposes, MC bills
    each account individually. Annualized fees are billed on a pro-rata basis monthly in arrears based
    on the value of the account(s) on the last day of the month. Our firm does not offer direct billing
    as an option. Further, it is important to note that our firm will assess advisory fees on cash and
    cash equivalents held in client accounts. As part of this process, the client is made aware of the
    following:

         a) The client’s independent custodian sends statements at least quarterly showing the
            market values for each security included in the Assets and all account disbursements,
            including the amount of the advisory fees paid to our firm;
         b) Clients will provide authorization permitting our firm to be directly paid by these terms.
            Our firm will send an invoice directly to the custodian; and
         c) If our firm sends a copy of our invoice to the client, legend urging the comparison of
            information provided in our statement with those from the qualified custodian will be
            included.

ADV Part 2A – Firm Brochure                     Page 5                                 Miramontes Capital, LLC

In certain cases, our firm utilizes the sub-advisory services of a Third Party Money Manager firm or
individual Advisor to aid in the implementation of the investment allocation designed by our firm.
Before selecting a firm or individual, our firm will ensure that the chosen party is properly licensed
or registered.

529 Account Management

    The maximum fee for this service will not exceed 0.65% per annum. For billing purposes, MC bills
    each account individually. Annualized fees are billed on a pro-rata basis quarterly in arrears
    based on the value of the account(s) on the last day of the quarter. Our firm does not offer direct
    billing as an option. Further, it is important to note that our firm will assess advisory fees on cash
    and cash equivalents held in client accounts. As part of this process, the client is made aware of
    the following:

         a) The client’s independent custodian sends statements at least quarterly showing the
            market values for each security included in the Assets and all account disbursements,
            including the amount of the advisory fees paid to our firm;
         b) Clients will provide authorization permitting our firm to be directly paid by these terms.
            Our firm will send an invoice directly to the custodian; and
         c) If our firm sends a copy of our invoice to the client, legend urging the comparison of
            information provided in our statement with those from the qualified custodian will be
            included.

Financial Planning & Consulting:

Our firm charges on an hourly or flat fee basis for financial planning and consulting services. The total
estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
engagement with the client. The maximum hourly fee to be charged will not exceed $500. Flat fees
range up to $15,000. Our firm requires a retainer of fifty-percent (50%) of the ultimate financial
planning or consulting fee at the time of signing. The remainder of the fee will be directly billed to
the client and due within thirty (30) days of a financial plan being delivered or consultation rendered.
Our firm will not require a retainer exceeding $1,200 when services cannot be rendered within 6
(six) months.

Other Types of Fees & Expenses

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution
fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, mark-ups and
mark-downs, spreads paid to market makers, fees for trades executed away from custodian, wire
transfer fees and other fees and taxes on brokerage accounts and securities transactions. Our firm
does not receive a portion of these fees.

Wrap clients will not incur transaction costs for trades by their chosen custodian. More information
about this can be found in our separate Wrap Fee Program Brochure.

Termination & Refunds

ADV Part 2A – Firm Brochure                     Page 6                                 Miramontes Capital, LLC

Either party may terminate the advisory agreement signed with our firm for Wrap Comprehensive
Portfolio Management and 529 account management services in writing at any time. Upon notice of
termination pro-rata advisory fees for services rendered to the point of termination will be charged.
If advisory fees cannot be deducted, our firm will send an invoice for due advisory fees to the client.

Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
firm.

Commissionable Securities Sales

Representatives of our firm are registered representatives of Balanced Security Planning, Inc. an
affiliated broker dealer, as well as American Trust Investment Services, Inc. members FINRA/SIPC.
As such they are able to accept compensation for the sale of securities or other investment products,
including distribution or service (“trail”) fees from the sale of mutual funds. Clients should be aware
...

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Pension or Profit-Sharing Plans

Our firm requires a minimum account balance of $75,000 for our Wrap Comprehensive Portfolio
Management service. This minimum account balance requirement would be required throughout the

ADV Part 2A – Firm Brochure                    Page 7                                 Miramontes Capital, LLC

course of the client’s relationship with our firm but may be negotiable depending on the client’s
circumstance.