Prism Advisors Inc

Item 5: Fees & Compensation

    Compensation for Our Advisory Services

    Wrap Comprehensive Portfolio Management:

    Please see our Wrap Fee Program Brochure for information regarding our fees and compensation
    for our Wrap Comprehensive Portfolio Management service.

    Financial Planning & Consulting:

    Our firm charges on an hourly or flat fee basis for financial planning and consulting services. The total
    estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of our
    engagement with the client. The maximum hourly fee to be charged will not exceed $500. Flat fees
    range from $1,500 to $10,000. Our firm requires a retainer of 50% of the ultimate financial planning
    or consulting fee at the time of signing. The remainder of the fee will be directly billed to the client
    and due within 30 days of a financial plan being delivered or consultation rendered. Our firm will not
    require a retainer exceeding $1,200 when services cannot be rendered within 6 months.

    Retirement Plan Consulting:

    Our Retirement Plan Consulting services are billed on an hourly or flat fee basis or as a fee based on
    the percentage of Plan assets under management. The total estimated fee, as well as the ultimate fee
    charged, is based on the scope and complexity of our engagement with the client. The maximum
    hourly fee to be charged will not exceed $500. Our flat fees range from $1,500 to $10,000. Fees based
    on a percentage of managed Plan assets will not exceed 1.00%. The fee-paying arrangements for
    Retirement Plan Consulting service will be determined on a case-by-case basis and will be detailed
    in the signed consulting agreement. Clients will be invoiced directly for the fees.

    Legacy Asset Management:

    Our firm charges on a monthly flat fee basis for our legacy asset management services. Flat fees range
    from $500 to $10,000. Fees to be assessed will be outlined in the advisory agreement to be signed by
    the Client. Fees are negotiable and will be deducted from client account(s). Our firm bills on cash
    unless otherwise indicated in writing. The total fees to be assessed per year shall never exceed 3.00%

ADV Part 2A – Firm Brochure                Page 6                                                Prism Advisors, Inc.

    of managed assets. In rare cases, our firm will agree to directly invoice. As part of this process, Clients
    understand the following:

         a) The client’s independent custodian sends statements at least quarterly showing the market
            values for each security included in the Assets and all account disbursements, including the
            amount of the advisory fees paid to our firm;
         b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
            firm will send an invoice directly to the custodian; and
         c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
            information provided in our statement with those from the qualified custodian will be
            included.

    Other Types of Fees & Expenses

    Clients will not incur transaction costs for trades by their custodian. More information about this can
    be found in our separate Wrap Fee Program Brochure. Charles Schwab & Co., Inc. (“Schwab”) does
    not charge transaction fees for U.S. listed equities and exchange traded funds.

    Clients may also pay holdings charges imposed by the chosen custodian for certain investments
    (including alternative investments), charges imposed directly by a mutual fund, index fund, exchange
    traded fund, or hedge fund, which shall be disclosed in the fund’s prospectus (e.g., fund management
    fees, distribution fees, fund performance fees, surrender charges, variable annuity fees, IRA and
    qualified retirement plan fees, mark-ups and mark-downs, spreads paid to market makers, fees for
    trades executed away from custodian, wire transfer fees and other fees and taxes on brokerage
    accounts and securities transactions). Our firm does not receive a portion of these fees.

    Termination & Refunds

    Either party may terminate the advisory agreement signed with our firm for Wrap Comprehensive
    Portfolio Management services in writing at any time. Upon notice of termination our firm will
    process a pro-rata refund of the unearned portion of the advisory fees charged in advance at the
    beginning of the quarter.

    Financial Planning & Consulting clients may terminate their agreement at any time before the
    delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
    performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
    Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
    firm.

    Either party to a Legacy Asset Management Agreement and/or a Retirement Plan Consulting
    Agreement may terminate at any time by providing written notice to the other party. Full refunds
    will only be made in cases where cancellation occurs within 5 business days of signing an agreement.
    After 5 business days from initial signing, either party must provide the other party 30-days written
    notice to terminate billing. Billing will terminate 30 days after receipt of termination notice. Clients
    will be charged on a pro-rata basis, which takes into account work completed by our firm on behalf
    of the client. Clients will incur charges for bona fide advisory services rendered up to the point of
    termination (determined as 30 days from receipt of said written notice) and such fees will be due
    and payable.

ADV Part 2A – Firm Brochure                 Page 7                                                 Prism Advisors, Inc.

    Commissionable Securities Sales
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Item 7: Types of Clients & Account Requirements

    Our firm offers advisory services to the following types of clients:
       • Individuals and High Net Worth Individuals;
       • Trusts, Estates or Charitable Organizations;
       • Pension and Profit Sharing Plans;
       • Corporations, Limited Liability Companies and/or Other Business Types.

    Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
    us.