Northeast Financial Consultants LLC

Item 5   Fees and Compensation

Our fees for new retail investors are “asset-based” meaning the fee is calculated as a percentage (ranging
from .20% to 1.00%) of the assets invested in your accounts according to your investment advisory
agreement with us. Certain investments and custodians may also charge fees and expenses that are
included in their expense ratios, including (but not limited to) mutual funds, ETFs, Alternative
Investments, or when we buy and sell investments.

Our fees are charged quarterly in arrears whether or not any changes have taken place in your accounts
however, some investors have negotiated semi-annual or annual payments. Our fees can be paid by check
or deducted directly from your brokerage account. Some of our legacy retail investors are charged a flat
fee regardless of their assets under our management. All relationships are terminable at any time, by
either party, with fees being refunded on a prorated basis.

Our financial professionals earn a base salary and an annual bonus based on the profits of the firm during
the year. We try to reduce any conflicts of interest by working as a team and are not compensated
according to individual clients serviced nor by the investments we make in your account. We do not sell
any products therefore we do not earn commissions or fees based on investments we recommend.

Item 7     Types of Clients

NFC provides Wealth Management for Ultra High Net Worth, High Net Worth families and individuals.
Clients have separately managed accounts for individual family members, their trusts, Foundations,
Donor Advised Funds and family entities.