Navis Wealth Advisors LLC

Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Wealth Management Services

                                               Navis Wealth Advisors, LLC
                                   800 Westchester Avenue, Suite 700, Rye Brook, NY 10573
                                        Phone: (914) 848-8300 I Fax (914) 770-7663
                                                   https://naviswealth.com/

Wealth management fees are paid monthly in advance, pursuant to the terms of the wealth management
agreement. Wealth management fees are based on the market value of assets under management at the end of
the prior month. Wealth management fees are based on the following schedule:

                 Assets Under Management ($)                 Annual Rate (%)
                 Up to $1,000,000                                1.25%
                 $1,000,001 to $3,000,000                        1.00%
                 $3,000,001 to $10,000,000                       0.75%
                 $10,000,001 to $25,000,000                      0.50%
                 $25,000,001 and over                            0.35%

The investment advisory fee in the first month of service is prorated from the inception date of the account[s] to the
end of the first month. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed
by Navis Wealth Advisors will be independently valued by the Custodian. Navis Wealth Advisors will conduct
periodic reviews of the Custodian’s valuation.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However,
the Advisor shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation from an
Independent Manager. The Advisor will only earn its wealth management fee as described above. Independent
Managers typically do not offer any fee discounts but may have a breakpoint schedule which will reduce the fee
with an increased level of assets placed under management with an Independent Manager. The terms of such fee
arrangements are included in the Independent Manager’s disclosure brochure and applicable contract[s] with the
Independent Manager. The total blended fee, including the Advisor’s fee and the Independent Manager’s fee, will
not exceed 2.00% annually, depending on the fees charged by the Independent Manager.

Financial Planning Services
Navis Wealth Advisors typically offers financial planning services in addition to its overall wealth management
services and fees. Navis Wealth Advisors offers its standalone financial planning services at rate of $650 per hour.
Fees may be negotiable based on the nature and complexity of the services to be provided and the overall
relationship with the Advisor. An estimate for total hours and overall costs will be provided to the Client prior to
engaging for these services.

Retirement Plan Advisory Services
Retirement plan advisory fees are paid monthly in advance, pursuant to the terms of the agreement. Fees are
based on the market value of assets under management at the end of the prior month. Retirement plan advisory
fees are based on the following schedule:

                 Assets Under Management ($)                 Annual Rate (%)
                 Up to $2,000,000                                0.30%
                 $2,000,001 to $5,000,000                        0.25%
                 $5,000,001 and over                             0.20%

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the beginning of the respective month. The amount due is calculated by applying the
monthly rate (annual rate divided by 12) to the total assets under management with Navis Wealth Advisors at the
end of the prior month. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting
                                               Navis Wealth Advisors, LLC
                                   800 Westchester Avenue, Suite 700, Rye Brook, NY 10573
                                        Phone: (914) 848-8300 I Fax (914) 770-7663
                                                   https://naviswealth.com/

deduction of the wealth management fee. Clients are urged to also review and compare the statement provided by
the Advisor to the brokerage statement from the Custodian, as the Custodian does not perform a verification of
fees. Clients provide written authorization permitting fees to be deducted by Navis Wealth Advisors to be paid
directly from their account[s] held by the Custodian as part of the wealth management agreement and separate
account forms provided by the Custodian.

Use of Independent Managers
For Client accounts implemented through an Independent Manager, the Client’s overall fees may include Navis
Wealth Advisors’ wealth management fee (as noted above) plus investment management fees and/or platform fees
charged by the Independent Manager[s], as applicable. In certain instances, the Independent Manager or the
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Item 7 – Types of Clients
Navis Wealth Advisors offers investment advisory services to individuals, high net worth individuals, trusts, estates,
and businesses. The amount of each type of Client is available on Navis Wealth Advisors’ Form ADV Part 1A.
These amounts may change over time and are updated at least annually by the Advisor. Navis Wealth Advisors
generally requires a minimum relationship size of $1,000,000 to effectively implement its investment process.