Modern Portfolio Consultants LLC

ITEM 5       FEES AND COMPENSATION

A.   MODERN customizes its services for each client. Thus, fees may vary significantly from client to
     client. Our fees are determined by the services required, the complexity of tasks involved, the time
     required, the amount of assets, and the nature of the relationship. Fees can be paid as a percentage of
     assets or a retainer fee. Clients are generally billed quarterly, in advance. Generally, the minimum
     account size is $20,000,000 and /or a minimum fee of $50,000 per year for new clients. All fees are
     negotiable.
B.   Following the first week after signing our contract, clients may terminate the contract with between 30
     and 90 days written notice and receive a refund of fees for services not yet rendered. The length of time
     required for notification of termination is negotiated and can vary from client to client. If agreements
     are canceled during their term, any fees due to either party will be prorated appropriately as set forth in
     the advisory agreement. Accordingly, if a client pays in advance and the agreement is terminated prior
     to the end of the billing period, MODERN will return a proportionate amount of the fees based on the
     percentage of services performed or the proportion of the period for which MODERN has performed
     services, depending on the client agreement.

                                                                               (CRD# 120846) M a r c h 2 6 , 2026

ITEM 7       TYPES OF CLIENTS
     MODERN offers Investment Management Consulting Services to tax exempt, committee driven
     sponsors of investment portfolios, such as Endowments and Foundations, Hospitals, Religious
     Organizations, Taft-Hartley Plans, Trusts, Revolving Funds, etc.