Old Port Advisors Inc

Item 5 – Fees and Compensation
Description
  Our Firm bases its compensation upon the type of work performed. We may, at our
  discretion, waive minimum fees and/or charge a lesser fee based upon certain mutually
  agreed upon criteria such as historical relationship, type of assets, related accounts,
  account composition, negotiations with clients, and other factors.

Fee Billing

   Asset Management
   Investment Management and Wealth Management fees are charged based on the value of
   the invested assets under management. These fees are billed quarterly, in arrears, based
   on the average daily balance of the portfolio assets of the account managed by the Advisor
   as of the close of business on the last business day of the quarter. Fees are usually
   deducted from the designated client account at the client’s custodian to facilitate billing.
   The client must consent in advance, in writing, to direct debiting of their investment
   account. The custodian will send a statement at least quarterly to the client which will
   include these fees.
   The annual fee is based on a percentage of the investable assets according to the following
   schedule:
                 Amounts up to $500,000                      1.00%

                 $500,001 to $1,000,000                      0.75 %

                 $1,000,001 to $5,000,000                    0.625%

                 Amounts in excess of $5,000,000             0.50%

   Current client relationships may exist where the fees are higher or lower than the fee
   schedule above. A 20% discount is accorded to qualified charitable organizations.

   Financial Planning
   Financial Planning services fees are based on a fixed or hourly fee and will depend upon
   the type of Financial Planning services that we will provide. The fee for Financial Plan is
   predicated upon the facts known at the start of the engagement and the estimated
   complexity. Since financial planning is a discovery process, situations occur wherein the
   client is unaware of certain financial exposures or predicaments. The final fee to be paid
   will be disclosed within the financial planning agreement.
                 Project Fee (full Financial Plan) fees range from $500 to $5,000.

                 Hourly rate for limited scope engagements is $250.

                              Old Port Advisors, Inc.

   In the event that the client’s situation is substantially different than disclosed at the initial
   meeting, a revised fee will be provided for mutual agreement. The client must approve
   the change of scope in advance of the additional work being performed when a fee
   increase is necessary.
   All fees are payable and due upon the completion of the services to be provided.

   Fiduciary Consulting
   Fees applicable to Fiduciary Consulting services for retirement plans are based on the
   following schedule and may be negotiable based upon the facts and circumstances:
   0.05% - 0.50% of plan assets. However, there is the option to pay a flat fee, which is
   negotiated at the time of entering into the advisory relationship and stipulated in the
   service contract. Fees are payable quarterly in arrears and will be based on the average
   daily balance of the plan assets or based on the fair market value of plan assets at the end
   of the quarter. Fees may be directly deducted from the plan assets by the custodian and
   remitted to the Firm or may be directly paid by the plan sponsor.

Other Fees
   The Firm’s advisory and management fees are exclusive of brokerage commissions,
   transaction fees, and other related costs and expenses that will be incurred by the client.
   Clients’ brokers and/or custodians may charge brokerage commissions and/or
   transaction fees on purchases or sales of securities. Clients may also be charged
   miscellaneous fees for other custodial services including but not limited to: wiring funds,
   account closing, check request processing, overnight delivery, and trade away fees. These
   other charges will vary according to the agreement each client has with the broker and/or
   custodian. All fees paid to the Firm for investment advisory services are separate and
   distinct from the expenses charged by mutual funds to their shareholders. These fees and
   expenses are described in each fund’s prospectus. These fees will generally include a
   management fee and other fund expenses.
   At no time will the Firm accept or maintain custody of a client’s funds or securities except
   for authorized fee deduction.

Expense Ratios
  In certain cases mutual funds, ETF’s, and closed end funds may be part of a clients’
  investment portfolio. These investments generally charge internal management fees for
  their services. The expense ratio is disclosed in each fund’s prospectus. It represents the
  percentage of a fund’s assets used to pay the fund’s management fee, administrative costs,
  12b-1 distribution fees, and other operating expenses. An expense ratio of 0.50 means
  that the fund company charges 0.5% for its services. These fees are in addition to the
  advisory fees paid by you to the Firm. The Firm does not receive any portion of the
  expense ratio.
   Performance figures quoted by mutual fund companies in various publications reflect net
   asset value (after the fund’s fees and expenses have been deducted).

                               Old Port Advisors, Inc.

  Termination of Agreement
     Our Firm reserves the right to stop work on any account that is more than 90 days
     overdue. In addition, the Firm reserves the right to terminate any Financial Planning
     engagement where a client has willfully concealed or has refused to provide pertinent
     information about financial situations when necessary and appropriate, in our judgment,
     to providing proper financial advice.
     Our Firm does not charge fees in advance.

  Other Financial Industry Compensation
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Item 7 -Types of Clients
  Description
    Our Firm generally provides advice to individuals, trusts, estates, and charitable
    organizations, as well as business clients.

                                Old Port Advisors, Inc.

 Account Minimums
   Our minimum account opening balance is $250,000.
    Our Firm reserves the discretion to waive the account minimum. Accounts with less than
    $250,000 may be established when the client and the advisor anticipate the client will add
    additional funds to the accounts bringing the total to $250,000 within a reasonable time.
    Other exceptions may apply to employees of the Firm and their relatives or relatives of
    existing clients.