Morton Brown Family Wealth LLC

Item 5           Fees and Compensation

   A.
                                   INVESTMENT ADVISORY SERVICES
         The Registrant provides discretionary investment advisory services on a fee basis. The
         Registrant’s annual investment advisory fee is based upon a percentage (%) of the market
         value of the client’s assets placed under the Registrant’s management. The Registrant’s fee
         shall generally be between 0.50% and 1.25% of the client’s assets under management.

         The Registrant’s investment advisory fee is negotiable at Registrant’s discretion,
         depending upon objective and subjective factors including but not limited to: the amount
         of assets to be managed; portfolio composition; the scope and complexity of the
         engagement; the anticipated number of meetings and servicing needs; related accounts;
         future earning capacity; anticipated future additional assets; the professional(s) rendering
         the service(s); prior relationships with the Registrant and/or its representatives, and
         negotiations with the client. As a result of these factors, similarly situated clients could
         pay different fees, the services to be provided by the Registrant to any particular client
         could be available from other advisers at lower fees, and certain clients may have fees
         different than those specifically set forth above.

                FINANCIAL PLANNING AND CONSULTING SERVICES (STAND-ALONE)
         The Registrant provides financial planning and/or consulting services (including
         investment and non-investment related matters, including estate planning, insurance
         planning, etc.) on a stand-alone fee basis. The Registrant may be engaged on either a project
         or ongoing basis.

         Registrant’s planning and consulting fees are negotiable, but generally range from $2,500
         up to $15,000, depending upon the level and scope of the service(s) required and the
         professional(s) rendering the service(s), when engaged on a project basis. When engaged
         on an ongoing basis, the Registrant shall charge a flat annual fee which shall be paid
         monthly in advance.

B. Clients may elect to have the Registrant’s advisory fees deducted from their custodial
    account. Both Registrant’s Agreement and the custodial/clearing agreement may authorize
    the custodian to debit the account for the amount of the Registrant’s investment advisory
    fee and to directly remit that advisory fee to the Registrant in compliance with regulatory
    procedures. In the limited event that the Registrant bills the client directly, payment is due
    upon receipt of the Registrant’s invoice. The Registrant shall deduct fees and/or bill clients
    monthly in advance, based upon the market value of the assets on the last business day of
    the previous month.

C. As discussed below, unless the client directs otherwise or an individual client’s
    circumstances require, Registrant shall generally recommend that Charles Schwab & Co.
    Inc. (“Schwab”) serve as the broker-dealer/custodian for client investment management
    assets.

    Broker-dealers such as Schwab charge brokerage commissions, transaction, and/or other
    type fees for effecting certain types of securities transactions (i.e., including transaction
    fees for certain mutual funds, and mark-ups and mark-downs charged for fixed income
    transactions, etc.). The types of securities for which transaction fees, commissions, and/or
    other type fees (as well as the amount of those fees) shall differ depending upon the broker-
    dealer/custodian. While certain custodians, including Schwab, generally (with the potential
    exception for large orders) do not currently charge fees on individual equity transactions
    (including ETFs), others do.

    There can be no assurance that Schwab will not change their transaction fee pricing in the
    future.

    Schwab may also assess fees to clients who elect to receive trade confirmations and account
    statements by regular mail rather than electronically.

    Clients will incur, in addition to Registrant’s investment management fee, brokerage
    commissions and/or transaction fees, and, relative to all mutual fund and exchange traded
    fund purchases, charges imposed at the fund level (e.g., management fees and other fund
    expenses). Clients engaging Independent Managers will incur additional investment
    advisory fees.

D. Registrant's annual investment advisory fee shall be prorated and paid monthly, in advance,
    based upon the market value of the assets on the last business day of the previous month.
    The Registrant shall make prorated fee adjustments for additions or withdrawals in excess
    of $25,000 during the billing period. Adjustments will be carried over to the next billing
    period and will be either added or subtracted from the next billing period’s fee.

    With the exception of a financial planning engagement on a project basis, which may also
    automatically terminate upon the completion of the project, agreements between the
    Registrant and the client will continue in effect until terminated by either party by written
    notice in accordance with the terms of the Agreement. Upon termination, the Registrant
    shall refund the pro-rated portion of any advanced advisory fee paid to the Registrant based
    upon the number of days remaining in the billing month.

E. Neither the Registrant, nor its representatives accept compensation from the sale of
    securities or other investment products.

Item 7           Types of Clients

         The Registrant’s clients shall generally include individuals, business entities, and trusts,
         estates.