Zuraw Financial Advisors LLC

Item 5: Fees and Compensation

client an account statement, at least quarterly, showing all investment and transaction activity
for the period, including fee disbursements from the account.
A client investment advisory agreement may be canceled by either party with 30 days’ prior
written notice. Upon termination, any unearned, prepaid fees will be refunded at the next
quarterly billing cycle. The client has the right to terminate an agreement without penalty within
five business days after entering into the agreement.

E. External Compensation for the Sale of Securities to Clients
ZFA’s advisory professionals are compensated primarily through a salary and bonus structure.
ZFA is not paid any sales, service or administrative fees for the sale of mutual funds or any other
investment products with respect to managed advisory assets.

                     Part 2A of Form ADV: Zuraw Financial Advisors, LLC Brochure

Item 7: Types of Clients
ZFA serves individuals including high-net-worth individuals, trusts, estates, corporations and
other legal entities. ZFA generally requires a minimum account size of $250,000. Under certain
circumstances and in its sole discretion, ZFA may negotiate such minimums.

                    Part 2A of Form ADV: Zuraw Financial Advisors, LLC Brochure