Montello Wealth Management Inc

Item 5 Fees and Compensation
Portfolio Management Fees
The annual fee for portfolio management services is billed monthly in arrears based on the market
value of the assets on the last day of the month. Fees will be assessed pro rata in the event the
portfolio management agreement is executed at any time other than the first day of a calendar
month. The fee is based on a percentage of assets under management and is negotiable. The
annualized fees for portfolio management services are based on the following fee schedules but are
negotiable:
                  Portfolio Size                  Annualized Fee
                                                  Equity / Balanced Portfolios
                  $0 to $2,000,000                1.00%
                  $2,000,001 - $5,00,000          0.80%
                  Over $5,000,000                 0.50%
Montello Wealth generally requires a minimum account size of $100,000 to open and maintain an
individually managed account. The Firm may allow accounts of members of the same household to be
aggregated for purposes of determining the advisory fee and/or meeting the minimum account size.
The Firm may allow such aggregation, for example, where the Firm services accounts on behalf of
minor children of current Clients, individual and joint accounts for a spouse, and other types of related
accounts.

Montello Wealth will either invoice Clients directly for portfolio management fees, or payment of the
Firm's management fees will be made by the qualified custodian holding the Client's funds and
securities. We will deduct our advisory fee only when the following requirements are met:

    • You provide our firm with written authorization permitting the fees to be paid directly from your
      account held by the qualified custodian.
    • We send you a fee statement showing the amount of the fee, the value of the assets on which
      the fee is based, and the specific manner in which the fee was calculated.
    • The qualified custodian agrees to send you a statement, at least quarterly, indicating all
      amounts dispersed from your account including the amount of the advisory fee paid directly to
      our firm.

The fees charged are calculated as described above, and are not charged on the basis of a share of
capital gains upon, or capital appreciation of, the funds, or any portion of the funds of an advisory
Client.

The Client may terminate the portfolio management agreement within five days of the date of
execution without penalty to the Client. After the five-day period, either party may terminate the
agreement by providing 30 day written notice to the other party. The management fee will be pro-rated
for the month in which the cancellation notice was given. Refunds are not applicable since fees are
payable in arrears.

Financial Planning Fees
Montello Wealth charges an hourly fee of $150 for financial planning services, which is negotiable
depending on the scope and complexity of the plan, your situation, and your financial objectives. An
estimate of the total time/cost will be determined at the start of the advisory relationship. In limited
circumstances, the cost/time could potentially exceed the initial estimate. In such cases, Montello
Wealth will notify you and request that you approve the additional fee.

Fees are due upon completion of services rendered. Montello Wealth does not require prepayment of
a fee more than six months in advance and in excess of $500. At our discretion, Montello Wealth may
offset financial planning fees to the extent you implement the financial plan through our Portfolio
Management Service. You may terminate the financial planning agreement by providing written notice
to our firm. You will incur a pro rata charge for services rendered prior to the termination of the
agreement.

Pension Consulting Services
The compensation arrangement for these services will be 1% of the plan assets. Either party to the
pension consulting agreement may terminate the agreement upon 60-days' written notice to the other
party. The pension consulting fees will be prorated for the quarter in which the termination notice is
given and any unearned fees will be refunded to the client.

Selection of Other Advisors Fees
Advisory fees charged by MMs are separate and apart from our advisory fees. The advisory fee you
pay to the MM is established and payable in accordance with the brochure provided by each MM to
whom you are referred. These fees may or may not be negotiable. You should review the
recommended MM's brochure and take into consideration the MM's fees along with our fees to
determine the total amount of fees associated with this program.

Clients who are referred to MMs will receive full disclosure that includes detailed information on the
services rendered, at the time of the referral, by delivery of a copy of the relevant MM's Form ADV Part
2 or equivalent disclosure document. Montello Wealth will provide to each Client all appropriate
disclosure statements, including disclosure of fees paid to Montello Wealth, its IARs and the MMs.

Clients may be required to sign an agreement directly with the recommended MM(s). Clients may
terminate the advisory relationship with the MM according to the terms of the agreement with the MM.
Clients should review each MM's brochure for specific information on how to terminate the advisory
relationship with the MM and how to may receive a refund, if applicable. Clients should contact the MM
directly for questions regarding the advisory agreement with the MM.

At this time, Montello Wealth does not have an existing engagement with a third party money manager.
However, Montello Wealth reserves the right to extend this service to clients.

Additional Compensation
As part of our investment advisory services to you, Montello Wealth may invest, or recommend that
you invest, in mutual funds and exchange traded funds. The fees that you pay to our firm for
...

Item 7 Types of Clients
Montello Wealth provides portfolio management services to individuals, high net worth individuals, and
corporate pension and profit-sharing plans.

Montello Wealth generally requires a minimum account size of $100,000 to open and maintain an
individually managed account. The Firm may allow accounts of members of the same household to be
aggregated for purposes of determining the advisory fee and/or meeting the minimum account size.
The Firm may allow such aggregation, for example, where the Firm services accounts on behalf of
minor children of current Clients, individual and joint accounts for a spouse, and other types of related
accounts.