MPS-Loria Financial Planners LLC

Item 5 Fees and Compensation
(A) Fee Schedule
Financial planning is billed at a rate of $200 per hour. A Supervisor of the firm has the authorization to lower
this rate.

All Managed Accounts fees are charged as a percentage of the account assets under management according
to the following schedule. Note: A Firm Supervisor can authorize a lower fee on a case-by-case basis.

        Annual Fee               Account Size
1.25%                   $0 - $999,000
1.00%                   $1 million - $2,999,999 million
0.75%                   $3 million - $4,999,999
Determined case-by-case $5 million +

The fees for accounts holding CDs and certain fixed income will be determined on a case-by-case basis.

If a sub-advisor is used, the maximum combined fee for both the sub-advisor and MPS LORIA is 3%. The firm
reserves the right to change the billing, valuation periods and assumptions for calculating advisory fees, as we
determine appropriate so that they reasonably reflect the procedures used by each sub-advisor. However,
such changes will not cause the combined advisory fee and sub-account fee rate to exceed the stated above.
Client will be provided with at least 30 days prior notice of any change. Prior to engaging in any advisory
agreement all clients will receive the form ADV 2A for any applicable sub-advisor. Within this form, the sub-
advisor will describe the process by which all fees are calculated.

Pension consulting fees are charged as a percentage of assets and have a maximum fee of 1.00%.

To the extent client requests the firm to work on a project or provide services outside the scope of the services
listed in the client agreement, the firm will provide the client, in writing or via email, with an hourly rate or
estimated fees for performing such services in advance.

(B) All MPS LORIA advisory fees are billed quarterly in arrears, at the beginning of each calendar quarter
based upon the value (market value or fair market value in the absence of market value) of the account at the
end of the previous quarter. Fees are debited in accordance with the clients' authorization in the advisory
agreement. Fees for partial quarters will be prorated. Upon client request, MPS LORIA will send an invoice for
payment of its advisory fees.

(C) Clients should be aware that opening an investment account carries with it costs beyond the advisory
fee(s) MPS LORIA charges. All accounts are subject to a variety of fees and expenses, which will be paid by
the client and have been described below.

    • 12(b)-1 fees,
    • Mutual fund administrative and marketing fees;
    • Account maintenance fees charged by a broker/ dealer for an account, especially if inactive.
    • Brokerage Commissions
    • Custodian Fees
    • Postage and handling charges
    • Contingent Deferred Sales Charge (CDSC)
    • Processing charges
    • Transfer fees
    • Ticket charges

Custodial Trading Expenses (Schwab):

Equity & ETF:         $0 per trade, unlimited size.
Mutual Fund:          $24 -$45 (Possible short-term redemption fees).
CD's and Bonds:       There are no transaction fees. Selling concessions included in original offer price
Private Placements:    $250 per position, $500 max per account

MPS LORIA may be able to negotiate a lower rate. MPS LORIA directs clients to this brochure's Item 12 for
further discussion of brokerage costs.

(D) MPS LORIA bills its fees in arrears. The firm pro-rates fees for the actual period during which it has
provided services. Cancellation of management services is effective five (5) working days or sooner after
receipt of written notice of termination from a client. A Supervisor of MPS LORIA Financial Planners, LLC, may
terminate the contract/ investment advisory agreement within 5 days of written notice given to the client.

IRA Rollover Considerations
As part of MPS LORIA's investment advisory services, it may be recommended that a client withdraw the
assets from their employer's retirement plan and roll the assets over to an individual retirement account ("IRA")
that MPS LORIA will manage on client's behalf. If client elects to roll the assets to an IRA that is subject to
MPS LORIA management, the firm will charge an asset-based fee as set forth in the agreement executed with
MPS LORIA. This practice presents a conflict of interest because persons providing investment advice on
firm's behalf have an incentive to recommend a rollover to the client for the purpose of generating fee based
compensation rather than solely based on the client's needs. The client is under no obligation, contractually or
otherwise, to complete the rollover. Moreover, if the client does complete the rollover, the client is under no
obligation to have the assets in an IRA managed by MPS LORIA.

Many employers permit former employees to keep their retirement assets in their company plan. Also, current
employees can sometimes move assets out of their company plan before they retire or change jobs. In
determining whether to complete the rollover to an IRA and to the extent the following options are available,
client should consider the costs and benefits of:

    •   Leaving the funds in employer's (former employer's) plan.
    •   Moving the funds to a new employer's retirement plan.
    •   Cashing out and taking a taxable distribution from the plan.
    •   Rolling the funds into an IRA rollover account.

Each of these options have advantages and disadvantages and before making a change MPS LORIA
encourages client to speak with their CPA and/or tax attorney.

Clients considering rolling over retirement funds to an IRA should consider the following:
    • Determine whether the investment options in your employer's retirement plan address your needs or
        whether you might want to consider other types of investments.
    • Employer retirement plans generally have a more limited investment menu than IRAs.
...

Item 7 Types of Clients
Typically, MPS LORIA's clients include high net worth and other individuals, corporations and other
businesses, and pension and profit sharing plans. MPS LORIA is prepared to provide services to charitable
organizations, estates, and trusts as well. The firm does not impose a minimum account size requirement on
any client.