Northeast Financial Group Inc

Item 5. Fees and Compensation
     Certain of NEFG’s Supervised Persons, in their individual capacities, may also offer insurance products
     under a separate commission-based arrangement.

     Financial Planning and Consulting Fees

     NEFG charges a fixed fee and/or hourly fee to provide financial planning and consulting services. The
     fees for the initial development of a financial plan generally range from $500 to $20,000 on a fixed fee
     basis. The hourly rate can range up to a maximum of $1,000 per hour. Both the fixed fee and the hourly
     rate are negotiable, but are largely determined by the level and scope of the services and the level of
     experience of the adviser serving the client. The actual amount to be charged will be agreed to with the
     client and set forth in the agreement.

     Prior to engaging NEFG to provide financial planning and/or consulting services, the client is required to
     enter into a written agreement with NEFG setting forth the terms and conditions of the engagement.
     Generally, NEFG requires one-half of the financial planning or consulting fee (estimated hourly or fixed)
     payable upon entering the written agreement. The balance is generally due upon delivery of the financial
     plan or completion of the agreed upon services.

     Investment Management Fees

     NEFG provides investment management services for an annual fee based upon a percentage of assets
     under management. The annual fee for the Firm’s portfolios varies from 0.20% to 1.35% and is largely
     determined by the size and composition of a client’s investment portfolio.

     NEFG’s annual fee is prorated and charged quarterly or monthly, in advance, based upon the market value
     of the assets being managed by NEFG on the last day of the previous quarter or month. NEFG’s annual
     fee is exclusive of, and in addition to brokerage commissions, transaction fees, and other related costs
     and expenses which are incurred by the client. NEFG does not, however, receive any portion of these
     commissions, fees, and costs.

     NEFG utilizes the Advisory Share Class of various family’s mutual funds for specific accounts, but not
     limited to 529 College Accounts, Traditional and ROTH IRA’s as well as individual accounts. These mutual
     fund share classes do not have an upfront commission or deferred sales charge. Each individual mutual

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 Disclosure Brochure                                                  Northeast Financial Group, LLC

     fund within the family of fund offerings charges a separate investment management fee to the fund. These
     fees are outlined and available from the fund family directly on their website or calling the fund family
     directly.

     NEFG can charge an advisory fee on these Advisor Share Funds not to exceed 1.00% based on the total
     dollars invested and the services to be provided. The fund family will debit the NEFG investment fees on
     a quarterly or monthly basis against the most recent quarter or month-end values of the overall portfolio
     positions. The annualized fee for the individual portfolios will be identified in the NEFG Investment Policy
     Statement for the Investors Advisory Share Class Fund accounts.

     Termination

     Our Financial Planning Agreement may be terminated at any time upon receipt of written notice to
     terminate given by either party. All other contracts may be terminated upon thirty (30) days prior written
     notice to the other party or such shorter period as may be agreed to by the parties.

     Pension and Retirement Plan Fees

     NEFG is a fiduciary under ERISA and the Code in providing investment advisory and/or management
     services to ERISA Plan Clients (described in Item 4). As such, NEFG is subject to specific duties and
     obligations under ERISA and the Code that include, among other things, restrictions concerning certain
     forms of compensation. To avoid engaging in prohibited transactions, NEFG may only charge fees for
     investment advice about products for which NEFG and/or its affiliates do not receive any commission, 12b-
     1 fees or other compensation.

     The annual fee for NEFG’s services to retirement plan clients is set forth in the investment advisory
     agreement or investment management agreement, as the case may be (the “service agreement”) and is
     based upon a percentage (%) of included plan assets as reported by the plan custodian or recordkeeper.
     Included plan assets are the plan assets for which NEFG provides services as described in the service
     agreement.

     The fee is generally payable quarterly in arrears (the “Fee Period”). The fee is negotiable, but generally
     ranges up to 1.25%, depending on the size and needs of the plan and the type of fiduciary services
     rendered under the engagement with NEFG. The retirement plan is obligated to pay NEFG’s fee. As
     agreed to under the service agreement between NEFG and the retirement plan client, the client may
     authorize the plan custodian to automatically deduct the fee from the plan or the plan sponsor of the
     retirement plan may choose to pay the fee.

     Either NEFG or the retirement plan client can terminate the service agreement at any time, without penalty,
     by sending the other party 30 days prior written notice. Both parties remain responsible for obligations
     arising under any transactions initiated before the agreement was terminated. If the agreement is
     terminated prior to the end of a Fee Period, NEFG is entitled to a fee, prorated for the number of days in
     the Fee Period prior to the effective date of termination.

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 Disclosure Brochure                                                 Northeast Financial Group, LLC

     Fee Discretion

     NEFG, in its sole discretion, may negotiate to charge a lesser fee based upon certain criteria (i.e.,
...

Item 7. Types of Clients
     NEFG provides its services to individuals, pension and profit sharing plans, state and municipal
     government entities, trusts, estates, charitable organizations, corporations and business entities, and
     pooled investment vehicles.

     Minimum Annual Fee

     As a condition for starting and maintaining an investment management relationship, NEFG may impose a
     minimum annual fee of $1,000. The minimum fee may have the effect of making NEFG’s services
     impractical for certain investors, particularly those with portfolios with less than $50,000 in assets to be
     managed. However, NEFG’s minimum annual fee for providing investment management services will

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 Disclosure Brochure                                                     Northeast Financial Group, LLC

     never exceed three percent (3.00%) of a client’s portfolio. NEFG, in its sole discretion, may elect to waive
     its minimum annual fee based upon certain criteria, such as future earning capacity, anticipated future
     additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-
     existing client, account retention, and pro bono activities.

     Minimums Imposed by Independent Managers

     Certain Independent Managers may impose more restrictive account requirements and varying billing
     practices than NEFG. In such instances, NEFG may alter its corresponding account requirements and/or
     billing practices to accommodate those of the Independent Managers.