New England Capital Financial Advisors LLC

Item 5      Fees and Compensation

                         INDIVIDUAL PORTFOLIO MANAGEMENT
                                       FEES
Our annual fees for Portfolio Management Services are based upon a percentage of assets
under management as follows:
                       Assets                            Annual Fee
                  Initial $500,000                         1.25%
                  Next $2milllion                          1.00%
            Amounts Over $2.5 million                      0.75%

Our fees are invoiced quarterly in arrears at the end of each calendar quarter based upon
the value (market value or fair market value in the absence of market value), of the client's
account at the end of the previous quarter. Fees that are debited from the account will be
noted on their custodial account in accordance with the client authorization in the Client
Services Agreement. (see Fee Dispersion below)

Fee Dispersion. NECFA, in its discretion, may charge a lesser investment advisory fee,
waive its annual minimum fee, charge a flat fee, waive its fee entirely, or charge fee on a
different interval, 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, complexity of the engagement, anticipated services to be rendered,
grandfathered fee schedules/minimums, employees and family members, courtesy accounts,
competition, negotiations with client, etc.). Please Note: As result of the above, similarly
situated clients could pay different fees. In addition, similar advisory services may be
available from other investment advisers for similar or lower fees. Please Also Note: In the
event that the client is subject to an annual minimum fee, the client could pay a higher
percentage fee than referenced above ANY QUESTIONS: NECFA’s Chief Compliance
Officer, Darren Tapley, remains available to address any questions that a client or prospective
client may have regarding advisory fees.

American Funds (“AFS”) Investment Advisory Funds Program:

AFS deducts fees from participating client accounts in accordance with the agreed upon fee
schedule as asset forth in the American Funds client application , generally ranging from
0.25% to 1.00% of assets on an annualized basis. Fees are calculated quarterly by AFS

based upon the tiered rate schedule with respect to the client’s cumulative asset value (based
upon all account types and fund shares classes) held on the last day of each quarter. The
quarterly fee is also determined in consideration of the average daily net asset value of the
client assets invested in F-2 Shares during the quarter. This value is then divided the number
of days in the year multiplied by the number of days in the quarter. Fees are payable within
thirty (30) days following the end of the quarter for which such fees are payable.

                               FINANCIAL PLANNING FEES
Our stand-alone Financial Planning fee is determined based on the nature of the services
being provided and the complexity of each client’s circumstances. All fees are agreed upon
prior to entering into a contract with any client.
Fees for financial planning will be calculated based on one of two ways:
1. A negotiable hourly rate ranging from $150 - $500 per hour. At the time the client
agreement is executed, we may estimate the amount of time it will take to complete
the financial plan; or
2. A flat rate of $500 to $10,000 depending on the extent and complexity of the individual
client's personal circumstances and needs. This flat rate may be negotiable under certain
circumstances.
We will determine which method payment is appropriate for each client. All fees are agreed
upon with each client prior to entering into a contract with any client. The minimum is $500.
Fees are due and payable upon completion of the plan.
If a financial planning client becomes a NECFA portfolio management client, we may
discount or waive its financial planning fee in lieu of its portfolio management fee.

                              CONSULTING SERVICES FEES
Our stand-alone Consulting Services fee is determined based on the nature of the services
being provided and the complexity of each client’s circumstances. All fees are agreed upon
prior to entering into a contract with any client.
Our Consulting Services fees are calculated and charged on an hourly basis, ranging from
$150 to $500 per hour. An estimate for the total hours is determined at the start of the
advisory relationship.
All Consulting Services fees are due and payable as incurred.

                         PENSION CONSULTING SERVICES FEES
As described in Item 4, clients that choose this service may be referred to John Hancock
Retirement Plan Services, American Funds, Transamerica or other similar providers. We
may enter into an agreement with these and other providers and may receive an advisory
fee ranging from 20 basis points to 100 basis points annually on the assets in the pension or
retirement plans in connection with our services.

Clients utilizing the services through these providers may also be charged various program
fees and expenses in addition to our advisory fee. Such fees may include third party
administrative fees, custodial fees, transaction fees, a per-participant fee and expenses
associated with the underlying investment vehicles offered by each service provider. Clients
should closely review the agreements with each service provider and the prospectuses or
disclosure documents associated with each.

                                        SEMINAR FEES
Clients participating in our seminars are charged between $25 and $5,000 for the entire
seminar program. The exact fee depends on the length and number of the sessions in the
program, the materials included, and the location and additional expenses. Fees are due
and payable at the completion of the program. Under certain circumstances, the seminar fee
...

Item 7        Types of Clients
We provide advisory services to the following types of clients:
   • Individuals (other than high net worth individuals)
   • High net worth individuals
   • Pension and Profit-sharing plans (other than plan participants)
   • Charitable Organizations
   • Corporations or business entities other than those listed above
   • Trusts