NorthStar Financial Advisors Inc

Item 5: Fees and Compensation
Northstar charges an annual investment advisory fee of one percent (1%) of the market
value of the assets being managed. This fee is negotiable at the discretion of the adviser,
and we may charge a lower fee for accounts that primarily contain bonds. The annual
investment advisory fee is pro-rated and paid quarterly, in arrears, based on the
market value of the assets on the last day of the previous quarter. Generally, the
required account minimum is $500,000, however Northstar, at its own discretion or
through negotiation may charge a lesser advisory fee or accept lesser account sizes
based upon certain criteria (i.e. pre-existing financial planning client, anticipated future
earning capacity, anticipated future additional assets, dollar amount to be managed,
related accounts etc.). Advisory fees are generally deducted from clients’ assets. Upon
request and at Northstar’s discretion fees may be billed directly to clients. Clients’ may
also incur brokerage fees, however Raymond James does not charge a commission on
equity trades. These fees are exclusive of, and in addition to, Northstar’s investment
advisory fee. In addition to Northstar’s investment advisory fee, the client may incur
charges imposed at the mutual fund level (i.e. management fees and other fund
expenses).
Northstar charges a fee (fixed fee and/or hourly) for limited financial planning services.
These financial planning fees are negotiable, and either fixed or billed at an hourly rate
of $500. Prior to engaging Northstar to provide financial planning services, the client
may be required to enter into a financial planning agreement with Northstar setting
forth the terms and conditions of the engagement and describing the scope of the
services to be provided. The client is free at all times to accept or reject any financial
planning or investment recommendations from Northstar. Client is free to obtain legal,
accounting and/or brokerage services to implement any of the recommendations of

Northstar. If required by the client, Northstar may recommend the services of other
professionals for implementation purposes. However, the client is not obligated to
engage the services of any recommended professional. Client retains absolute
discretion over all such implementation decisions. Clients are encouraged to review
Northstar’s limited financial planning services on an annual basis for the purpose of
reviewing/updating Northstar’s previous recommendations and/or services.
Client’s do not pay fixed fees in advance for financial planning.

Item 7: Types of Clients
Northstar services individuals, trusts and retirement plans. Generally, the required
account minimum is $500,000, however Northstar, at its own discretion or through
negotiation may charge a lesser advisory fee or accept lesser account sizes based upon
certain criteria (i.e. pre-existing financial planning client, anticipated future earning
capacity, anticipated future additional assets, dollar amount to be managed, related
accounts etc.).