Money Management Services Inc

Item 5. Fees and Compensation

MMS offers its services on a fee basis, which may include hourly and/or fixed fees, as
well as fees based upon assets under management.

Financial Planning and Consulting Fees

MMS may charge a fixed fee and/or hourly fee for financial planning, bill paying, estate
planning, estate settlement services and consulting services. These fees are negotiable,
but generally range from $500 to $10,000 on a fixed fee basis and/or from $50 to $500
on an hourly rate basis, depending upon the level and scope of the services and the
professional rendering the financial planning and/or the consulting services. The fees for
estate settlement services will vary and may be structured as a fixed or hourly charge or
fee based on the gross value of the estate. If the client engages MMS for additional
investment advisory services, MMS may offset all or a portion of its fees for those services
based upon the amount paid for the financial planning and/or consulting services.

Prior to engaging MMS to provide financial planning and/or consulting services, the client
is required to enter into a written agreement with MMS setting forth the terms and
conditions of the engagement. Upon entering the written agreement, clients are provided
with an estimated fee (fixed or hourly), based on the type and complexity of the services
to be provided. The final fee is presented to clients upon completion of the financial
planning and/or consulting services, and payable at this time.

Standard Wealth Management Fees

MMS provides investment management services for an annual fee based upon a
percentage of the market value of the assets being managed by MMS. MMS’s annual fee
is exclusive of, and in addition to brokerage commissions, transaction fees, and other
related costs and expenses which are incurred by the client. MMS does not, however,
receive any portion of these commissions, fees, and costs. MMS’s annual fee is prorated
and charged quarterly, in advance, based upon the ending quarterly value of the previous
quarter. The annual fee varies (between 0.25% and 1.00%) depending upon the market
value of the assets under management and the type of wealth management services to
be rendered.

In addition, MMS may offer stand-alone, active investment management of individual
stock portfolios. MMS’s annual fee for these services is prorated and charged quarterly,
in advance, based upon the ending quarterly value of the previous quarter. The annual
fee varies (between 0.50% and 2.00%) depending on the market value of the assets
under management. As discussed in Item 7, the firm’s management fees are also subject
to quarterly and annual minimums, which could result in a higher fee rate than the range
set forth above.

MMS Investment Access Program

MMS offers investment supervisory services to investors with managed portfolios below
$100,000 under its new MMS Investment Access Program. This lower touch program is
aimed individuals with modest sized investment portfolios or assets which cannot be
directly managed by MMS. Clients receiving services under this Program will be charged
a fixed supervisory fee, which will be assessed on monthly or quarterly, per account
basis. Clients given the option to pay via debit/credit card, account debit or direct payment
via check or other means.

Fee Discretion

MMS, in its sole discretion, may negotiate to charge a lesser management fee based
upon certain criteria (i.e., anticipated future earning capacity, anticipated future additional
assets, dollar amount of assets to be managed, related accounts, account composition,
pre-existing client, account retention, pro bono activities, etc.).

Additional Fees and Expenses Incurred by Clients

Separate from the wealth management fees described above, clients will incur additional
fees and expenses which are incidental to the investment advisory services performed
under the Agreement. MMS will charge a monthly fee of $25 per account for services
related to performance reporting and outside account aggregation. These fees are
directly debited from a client’s account, as reflected on the monthly/quarterly statements
provided by the custodian(s). MMS also reserves the right to charge a $100 account
closing fee, in lieu of continuing the management fee, which will be applied to offset the
time and resources we must commit to transferring the account, liquidating holdings,
tracking future corporate actions, and other related administrative matters. This closing
fee will not under any circumstances operate as a penalty for termination. As discussed
in Item 4, clients may also incur charges imposed by outside professionals they engage
to implement the firm’s financial planning and/or consulting recommendations (e.g.,
attorneys, accountants).

As further discussed in response to Item 12 (below), MMS generally recommends that
clients utilize the brokerage and clearing services of Pershing LLC and its affiliates
(“Pershing”) for investment management accounts. MMS may only implement its
investment management recommendations after the client has arranged for and
furnished MMS with all information and authorization regarding accounts with appropriate
financial institutions. Financial institutions include, but are not limited to, Pershing, any
other custodians recommended by MMS, broker-dealer directed by the client, trust
companies, banks etc. (collectively referred to herein as the “Financial Institutions”).

Clients may incur certain charges imposed by the Financial Institutions and other third
parties such as custodial fees, charges imposed directly by a mutual fund or ETF in the
account, which are disclosed in the fund’s prospectus (e.g., fund management fees and
other fund expenses), 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. Such charges, fees and commissions are exclusive of and in
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Item 7. Types of Clients

MMS provides its services to individuals, pension and profit-sharing plans, trusts, estates,
charitable organizations, corporations and business entities.