Quabbin Advisors LLC

Item 5 – Fees and Compensation
Quabbin Advisors receives compensation solely by the fees clients pay. The fees for financial planning services are
paid on a project basis and are based on a rate of $175 per hour, billed in 10- minute increments. Fees that are

                                              Quabbin Advisors, LLC
project-based are flat fees that are based on our hourly rate multiplied by the approximate number of hours that
are anticipated to be needed to provide the requested service. Fees for Portfolio Review (investment advisory) are
based on the dollar amount of investments. Our fees are negotiable.

Financial Planning Fees
While fees are based on individual client circumstances and can range widely, depending upon the complexity
and scope of an assignment, here are estimated ranges for two common services. Many comprehensive financial
plans are estimated to cost between $1200and $3000. Modular plans (not as extensive as comprehensive plans)
and initial investment portfolio reviews are likely to range from $750 to $2000 for most clients.

For each engagement, requested services and an estimated fee range are disclosed in the written Client Service
Agreement. For financial planning clients, we generally require an immediate deposit in an amount that is the
lesser of one-half of the total estimated fee or $500. The deposit is due upon signing of the Client Service
Agreement, or as negotiated. The balance of the fee is due upon presentation of the requested advice or plan.

Fees for Portfolio Review Services
Our standard advisory fee is based on the market value of the client’s total investment portfolio. The annual fee
for this service is 0.15% of investable assets (minimum fee of $750) held at Schwab, under my advisor code.
Otherwise, the fee is 0.25% of investable assets with a minimum fee of $1,250. The reason for the difference in
fees is that it takes more time to gather information and to provide services for accounts “held away” from the
custodian I use.

There can also be additional costs to Quabbin Advisors to connect held away accounts to software used in
providing portfolio recommendations and quarterly reports.
The fee is based on the portfolio value at the end of the preceding year. For new clients, the pro- rated fee for the
balance of the year will be based on the portfolio value for the most recent quarter, or on another agreed- upon
date.
The annual fees may be negotiable and are pro-rated and paid in arrears on a quarterly basis. Instances where
negotiation might be warranted include where the calculated fee would be excessive given the complexity of the
portfolio. In these instances, the fee is capped at a mutually- agreed upon level.

We believe strongly that investors should closely monitor their fees. While we have no asset minimum, if the
amount you have to invest results in our fee being in excess of 2% of your investable assets, we would encourage
you to consider other options where you would pay less. In no case will our fee for this service exceed the
equivalent of 3% of your investable assets.
No increase in the annual fee shall be effective without agreement from the client by signing a new agreement or
amendment to their current advisory agreement.

Advisory fees may be directly debited from client accounts, or the client may choose to pay either check, credit
card, or debit card. Accounts initiated or terminated during a calendar quarter will be charged a pro-rated fee
based on the amount of time remaining in the billing period. An account may be terminated with written notice at
least 15 calendar days in advance. Since fees are paid in arrears, no rebate will be needed upon termination of the
account.

Termination
Either party may terminate the Agreement at any time by providing written notice of termination to the other
party. If a client verbally notifies Quabbin Advisors of their desire to terminate the agreement, and if they have not
provided written termination notice within two (2) business days, we will document the termination request in

                                              Quabbin Advisors, LLC
our records and provide the client with a written termination notice. Once a termination notice is submitted, we
will no longer be responsible for monitoring the client’s account or for providing further advice or
recommendations.

A new client may terminate an Agreement with us, without penalty or charge, within five (5) business days of
signing the Client Services Agreement. If termination occurs within this timeframe, the client’s deposit is returned,
and the engagement is voided. If the client terminates the Agreement after the five-day period, we will return any
unearned prepaid fees no later than thirty (30) days after we receive notice of termination.

Clients will receive a copy of Quabbin Advisors’ Form ADV Part 2 prior to, or upon execution of a Service
Agreement. If we fail to provide the Form ADV Part 2 within this timeframe, the client may terminate the
Agreement within five (5) business days without penalty.

Important Note about Fees
Clients should be aware that, in implementing advice or plans that we provide, they may incur additional, separate
fees charged for trading or for investing in securities, mutual funds, and/or exchange traded funds (ETFs). In
addition, clients may incur additional maintenance, monitoring, custodial, or other administrative fees from
brokerage firms or other providers.

We strongly recommend that clients obtain complete fee schedules from all of their financial providers, including
brokerage firms, for account and maintenance fees. We also encourage clients to request investment prospectuses
for all investments and to review these prospectuses for a complete explanation of fees. It is important that clients
understand these additional fees as they reduce the overall investment return to the client.
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Item 7 – Types of Clients
Quabbin Advisors conducts business primarily with individuals, families, businesses, trusts, and estates of various
size and complexity. We do not have any minimum requirements with respect to assets, net worth, income, or
revenue generated as a condition for engaging our services.