Stone Pine Financial Partners LLC

Item 5 Fees and Compensation

Asset Management Fees
Pursuant to an Investment Advisory contract signed by each client, the client will pay Stone Pine
a quarterly Investment Advisory fee, in arrears, based on the average daily value of portfolio assets
in the account for the preceding quarter. New account fees will be prorated from the inception of
the account to the end of the first quarter.

Investment Advisory fees are calculated based on the following schedule:

Portfolio Amount ($)           Annual Fee
First $1,000,000               1.25%
$1,000,001 - $2 million        1.00%
$2,000,001 - $5 million        0.75%
$5,000,001 - $10 million       0.50%
Over $10 million               0.25%

Fees will be calculated on a blended tier schedule. For example, a $2.5 million account fee would
be calculated annually as follows: ($1 million x 1.25%) + ($1 million x 1.00%) + ($500,000 x
0.75%) = ($12,500) + ($10,000) + ($3,750) = $26,250. In an effort to be fair and equitable to all
clients, Stone Pine avoids negotiating the fee schedule, however it has the right to negotiate fees
based at its sole discretion. The Custodian will directly deduct investment Advisory fees from the
client account on a quarterly basis and will send a quarterly statement to the client.

Comprehensive Financial Planning Fees
Stone Pine charges a fixed fee of $4,000 for prospective clients to take part in the firm’s
Comprehensive Financial Planning Initial Process. The fee is due upon completion of the Initial
Process and after the prospective client has had time to digest the information and determine how

                           5 | STONE PINE FINANCIAL PARTNERS, LLC

Stone Pine can assist to implement the financial planning advice. Prospective clients who become
investment management clients of the Advisor will have the $4,000 Initial Process fee waived, and
the Advisor’s normal fee schedule will apply.

For each of the Advisor's services described above, the Client may terminate these services within
five business days of the effective date of an Agreement signed with the Advisor without any
payment of the Advisor's fee.

All fees paid to Stone Pine for investment advisory services are separate and distinct from the
expenses charged by mutual funds to their shareholders and the product sponsor in the case of
variable insurance products. These fees and expenses are described in each fund’s or variable
product’s prospectus. These fees will generally include a management fee and other fund expenses.

At no time will Stone Pine accept or maintain custody of a client’s funds or securities except for
authorized fee deduction. The Advisor’s fee is separate and distinct from the custodian and
execution fees.

Neither Stone Pine nor its supervised persons accept 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

Stone Pine specializes in working with individuals that are near retirement or recently retired.
Stone Pine can also provide services to trusts and estates.

Stone Pine does not have a specific minimum account size, however Stone Pine’s services are
typically best suited for those with $1 million or more of investable assets.