Modern Dollar Planning LLC

Item 5: Fees and Compensation
Unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the Wealth
Management Agreement, the Wealth Management Agreement may be terminated by the client within five (5)
business days of signing the contract without incurring any advisory fees. How Modern Dollar is paid depends
on the type of advisory service they are performing. Please review the fee and compensation information below.

The following paragraphs detail the fee structure and compensation methodology for advisory services. Each
Client shall sign a Wealth Management Agreement that details the responsibilities of Modern Dollar Planning
and the Client. Although the Advisor believes its fees to be fair and reasonable for the services provided, lower
fees for comparable services may be available from other sources.

A. Fees for Advisory Services
One-Time Financial Plan
In most cases, Modern Dollar Planning expects all new Clients, whether they intend to work with Modern Dollar
Planning on-going or not, to have a Financial Plan completed as part of their on-boarding process. This one-
time engagement fee for the creation of their Financial Plan is typically between $1,500 to $5,000 and it is 100%
due and payable upfront and can be paid by check or by ACH. In the event of any early termination of this
engagement by either the Client or by Modern Dollar, the amount refundable to the Client will be determined
by taking their total engagement fee paid and subtracting it by the total number of hours worked by Modern
Dollar Planning multiplied by $200/hour.

On-Going Wealth Management
Compensation for Modern Dollar Planning’s on-going wealth management and discretionary investment
management services provided to the Client are in the form of a quarterly fixed fee paid in arrears and range
between $1,000 and $10,000. This quarterly fixed fee is determined by using a proprietary method and is based
on a number of factors including the complexity of the Client’s financial situation, their stage of life, their
income(s), their net worth, their level of assets that can be managed versus advised on and their level of
investment portfolio complexity. This fee is designed to cover a wide range of current and projected financial

needs and is intended to be competitive with what the Client might expect to pay under an “assets under
management” (AUM) approach (assuming all investable assets were managed). Throughout the relationship, it
is anticipated that Modern Dollar Planning will periodically review the quarterly fixed-fee for each Client as, at
a minimum, a periodic cost of living increase is expected to be assessed. The Client will be notified of any fee
changes in writing, and if the result is a fee increase it must be acknowledged by the Client in writing before
taking effect. Fees are negotiable at the sole discretion of the Advisor. From time to time, Modern Dollar
Planning may agree to a quarterly fixed fee below $1,000, but approval is required by one of the firm’s
shareholders.

Advisory fees are directly debited from client accounts, or the client may choose to pay by check or electronic
funds transfer (ACH). In the event of a Client or Modern Dollar termination of their on-going wealth
management services, the Client will be billed and/or their investment accounts will be charged a pro-rated fee
based on the amount of time that has elapsed during their current billing. An account may be terminated with
written notice at least 30 calendar days in advance. Since fees are paid in arrears, no rebate will be needed upon
termination of the account.

B. Fee Billing
On-Going Wealth Management
Wealth Management Fees will typically be automatically deducted from the Client Account by the Custodian.
The Advisor will direct the Custodian indicating the amount of the fees to be deducted from the Client Account
on a quarterly basis. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting
the deduction of the Wealth Management Fees. In addition, the Advisor will provide the Client a report itemizing
the fee, including the calculation period covered by the fee, the account value and the methodology used to
calculate the fee. It is the responsibility of the Client to verify the accuracy of these fees as listed on the
custodian’s brokerage statement as the Custodian does not assume this responsibility. Clients provide written
authorization permitting Modern Dollar to be paid directly from their accounts held by the Custodian as part of
the Wealth Management Agreement and separate account forms provided by the Custodian.

In cases where we aren’t directly managing any assets (if for instance, all of the client’s assets are held in a
company retirement plan) we will invoice the Client directly on a quarterly basis.

All securities held in accounts managed by the Advisor will be independently valued by the Custodian designated
by the Client. Advisor will not have the authority or responsibility to value securities in the Portfolio. Fees are
negotiable at the sole discretion of the Advisor. Any increase in fees will require the Client be given thirty (30)
days' prior written notice and an amendment to this agreement will need to be signed by both parties.

C. Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which
may be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, and other third
parties such as custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual fund
and exchange traded funds also charge internal management fees, which are disclosed in a fund’s prospectus.
Such charges, fees and commissions are exclusive of and in addition to our fee, and we shall not receive any
...

Item 7: Types of Clients
Modern Dollar offers financial planning and investment management services to individuals, high net worth
individuals, trusts and estates.
We do not have a minimum account size requirement; however, we do have a minimum Financial Plan creation
fee of $1,500 and a minimum quarterly fixed fee of $1,000. From time to time, Modern Dollar Planning may
agree to a quarterly fixed fee below $1,000, but approval is required by one of the firm’s shareholders.