Modern Capital Management Co

Item 5 — Fees and Compensation
The Firm generally charges advisory fees ranging from 0.25% to 2.00% of assets under
management. Fees are negotiable based on asset size, scope of services, and complexity
of the engagement. Advisory fees are typically billed monthly or quarterly in arrears. If
an account terminates during a billing quarter, the Firm will assess one final advisory fee
on a pro rata basis for the portion of the quarter during which the account was under
management, consistent with the applicable advisory agreement. Advisory fees for The
Modern Capital Tactical Income Fund are paid pursuant to the Fund’s advisory
agreement and collected through its administrator.

For certain institutional clients, including certain credit union and healthcare system
mandates, the Firm offers wrap-fee or bundled-fee arrangements. In those arrangements,
a single negotiated fee may cover the Firm’s advisory services and some or all brokerage,
custody, platform, or administrative costs depending on the applicable program structure.
Other costs, such as mutual fund or ETF internal expenses, extraordinary charges, and
expenses outside the program terms, may still be borne separately by the client. Because
wrap or bundled-fee accounts may not pay a separate per-trade commission, the total cost
of a wrap or bundled-fee arrangement may be higher or lower than a non-wrap
arrangement depending on account size, trading activity, and services utilized.

The Firm does not require prepayment of fees exceeding $1,200 per client more than six
months in advance.

Clients may incur brokerage commissions, custodial fees, transaction charges, and
internal expenses of mutual funds or exchange-traded funds, except to the extent such
costs are included in an applicable wrap-fee or bundled-fee arrangement.

  MODERN CAPITAL MANAGEMENT, CO. | Form ADV Part 2A | CRD #306631 |
                    SEC #801‑117876 | Page 3

Certain supervised persons are dually registered with affiliated broker-dealers and may
receive commissions in their separate capacities. Clients are not required to use affiliated
broker-dealers or insurance providers.

Item 7 — Types of Clients
The Firm provides advisory services to registered investment companies, institutional
investors, non-profit organizations, hospital systems, credit unions, qualified investors in
limited circumstances, and related institutional accounts. This includes certain
institutional clients served through wrap-fee or bundled-fee arrangements. The Firm
generally requires a minimum relationship size of $1,000,000, which may be waived at
its discretion.