Safford Nicholas H & Co Inc

Item	5	–	Fees	and	Compensation

Nicholas	H.	Safford	&	Co.,	Inc.	provides	investment	supervisory	services	to	clients	on	a	fee
basis.		In	certain	special	circumstances,	the	fee	is	negotiable.		Our	fees	for	such	services	are
based	on	a	percentage	of	the	market	value	of	the	assets	under	management,	and	the	fee
schedule	in	effect	on	the	date	of	this	Brochure	is	as	follows:

                                    Annual	Fee	Schedule
                           $6	per	thousand	on	the	first	$2,000,000
                           $5	per	thousand	on	the	next	$2,000,000
                           $4	per	thousand	in	excess	of	$4,000,000
                            Minimum	portfolio	size	—	$5,000,000

Fees	are	payable	in	installments	following	the	close	of	each	calendar	quarter.		The	fee	for
each	calendar	year	subsequent	to	the	initial	year	is	calculated	on	the	basis	of	the	market
value	of	the	portfolio	on	the	last	business	day	of	the	preceding	year.		In	the	event	of
termination	during	a	quarterly	period,	the	fee	would	be	pro-rated	through	the	termination
date,	except	that	if	termination	occurred	within	five	days	after	the	client	entered	into	the
advisory	arrangement,	then	no	charge	would	be	made.		Accounts	initiated	during	a
calendar	quarter	will	be	charged	a	prorated	fee.		Upon	termination	of	any	account,	any
earned,	unpaid	fees	will	be	due	and	payable.		In	special	circumstances,	the	minimum
portfolio	size	can	be	waived	at	our	discretion.

The	specific	manner	in	which	Nicholas	H.	Safford	&	Co.,	Inc.	charges	fees	is	established	in	a
client’s	written	agreement	with	the	Firm.		Nicholas	H.	Safford	&	Co.,	Inc.	will	generally	bill
its	fees	on	a	quarterly	basis	after	service.		Clients	may	elect	to	be	billed	directly	for	fees	or
to	authorize	the	Firm	to	directly	debit	fees	from	client	accounts	with	a	concurrent	courtesy
copy	to	the	client.

Nicholas	H.	Safford	&	Co.,	Inc.’s	fees	are	exclusive	of	brokerage	commissions,	transaction
fees,	and	other	related	costs	and	expenses,	which	shall	be	incurred	by	the	client.		Clients
may	incur	certain	charges	imposed	by	custodians,	brokers,	third	party	investments	and
other	third	parties	such	as	fees	charged	by	managers,	custodial	fees,	deferred	sales	charges,
odd-lot	differentials,	transfer	taxes,	wire	transfer	and	electronic	fund	fees,	and	other	fees
and	taxes	on	brokerage	accounts	and	securities	transactions.		Mutual	funds	and	exchange-
traded	funds	also	charge	internal	management	fees,	which	are	disclosed	in	a	fund’s
prospectus.		Such	charges,	fees	and	commissions	are	exclusive	of	and	in	addition	to	the
Firm’s	fee,	and	Nicholas	H.	Safford	&	Co.,	Inc.	does	not	receive	any	portion	of	these
commissions,	fees,	and	costs.

Item	12	further	describes	the	factors	that	Nicholas	H.	Safford	&	Co.,	Inc.	considers	in
selecting	or	recommending	broker-dealers	for	client	transactions	and	determining	the
reasonableness	of	their	commissions	and	any	other	fees.

        Nicholas	H.	Safford	&	Co.,	Inc.	Form	ADV	Part	2A	Disclosure	Brochure

Item	7	–	Types	of	Clients

Nicholas	H.	Safford	&	Co.,	Inc.	provides	portfolio	management	services	to	individuals,	high
net	worth	individuals,	trusts,	trustees,	investment	advisory	firms,	charitable	institutions,
foundations	and	endowments.	Our	typical	minimum	account	size	is	a	$5	million	portfolio.