Ocean Path Advisors LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

The Firm generally charges an annual advisory fee of 0.95% for client accounts with assets under
$10 million, although fees may be assessed up to a maximum of 1.10% based on the specific
circumstances of the client relationship. For accounts with assets exceeding $10 million, advisory
fees are determined on a case-by-case basis. All advisory fees are negotiable at the Firm’s
discretion.

 *There is an annual minimum fee of $15,000. The fee will not exceed any limit imposed by any regulatory agency.*

The advisory fee is calculated using the value of the assets in the Account on the last business day
of the prior billing period.

These fees are generally negotiable and the final fee schedule will be memorialized in the client’s
advisory agreement. Clients may terminate the agreement without penalty for a full refund of
OPA's fees within five business days of signing the Investment Advisory Contract. Thereafter,
clients may terminate the Investment Advisory Contract immediately upon written notice.

Selection of Other Advisers Fees

Clients will pay OPA its standard fee in addition to the standard fee for the advisers to which it
directs those clients. This relationship will be memorialized in each contract between the client
and each third-party adviser. The total fees will not exceed any limit imposed by any regulatory
agency. These fees are negotiable.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client's accounts with
client's written authorization on a quarterly basis. Fees are paid in advance.

        Payment of Selection of Other Advisers Fees

        The timing, frequency, and method of paying fees for selection of third-party managers will
        depend on the specific third-party adviser selected and will be disclosed to the client prior to
        entering into a relationship with the third-party advisor.

        C. Client Responsibility For Third Party Fees

        Clients are responsible for the payment of all third party fees (i.e. custodian fees, brokerage fees,
        mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
        expenses charged by OPA. Please see Item 12 of this brochure regarding broker-dealer/custodian.

        D. Prepayment of Fees

        OPA collects certain fees in advance and certain fees in arrears, as indicated above. Refunds for
        fees paid in advance but not yet earned will be refunded on a prorated basis and returned within
        fourteen days to the client via check, or return deposit back into the client’s account.

        For all asset-based fees paid in advance, the fee refunded will be equal to the balance of the fees
        collected in advance minus the daily rate* times the number of days elapsed in the billing period
        up to and including the day of termination. (*The daily rate is calculated by dividing the annual
        asset-based fee rate by 365.)

        E. Outside Compensation For the Sale of Securities to Clients

        Neither OPA nor its supervised persons accept any compensation for the sale of securities or other
        investment products, including asset-based sales charges or service fees from the sale of mutual
        funds.

Item 7: Types of Clients

OPA generally provides advisory services to the following types of clients:

        ❖       Individuals
        ❖       High-Net-Worth Individuals
        ❖       Charitable Organizations
        ❖       Corporations or Business Entities

There is no account minimum for any of OPA’s services.