Jaffe Tilchin is a Limited Liability Company organized under the laws of Florida. Scott Jaffe & Louis Tilchin founded the Tampa -based investment advisory firm in 2007 and are the principal owners. Jaffe Tilchin is a member of the Jaffe Tilchin Wealth Management family of companies. Jaffe Tilchin also has a separate operating division doing business under the name Jaffe Tilchin Institutional Consulting, which specializes in pension consulting services. Information about the institutional services offered by this division of Jaffe Tilchin and the accompanying fees and charges can be found in the related Institutional Services Disclosure Brochure. Jaffe Tilchin Wrap Fee Program Our Investment Committee is comprised of Scott Jaffe, Brett Witkowski and Louis Tilchin, Managing Partner. Brett Witkowski, acts as portfolio manager for the Jaffe Tilchin Wrap Fee Program (“Program”). Your advisory representative works with you to identify your risk tolerance, investment goals and objectives to assess your financial profile. We will design and manage your portfolio in a manner consistent with your financial profile. Your portfolio may consist of a variety of investments including: equities, exchange traded funds, fixed income securities and mutual funds. You must grant us discretionary authority to buy and sell securities as deemed appropriate by our Investment Committee. Your account may or may not be similar to other clients with the same investment objectives and financial profiles. You have the opportunity to place reasonable restrictions on the type of investments to be held in your portfolio. Your portfolio (“account” or “investment account”) and the investment strategies utilized are determined based upon your specific individual investment objectives, goals and risk tolerances. We may periodically adjust your account (a process referred to as “rebalancing”) to help ensure that your investment account remains consistent with your objectives, goals, and risk tolerances. 5 | P a g e Our advisory representatives rely on you to notify them of any changes in your objectives, goals and risk tolerances, as well as any other material changes in your personal circumstances (such as your employment, marital status, financial condition, etc.). These changes may prompt changes in your investment account and the investment strategies employed. Fees and Compensation We offer our services for this Program on a wrap-fee basis only. Wrap fee structures allow you to pay an all- inclusive fee which includes: investment management fees shared by our firm, our advisory representatives, and, in some instances, the broker dealer of advisory representatives who are also registered as representatives of the broker-dealer; execution and clearing costs; transaction costs – if applicable – which may be paid to purchase and sell securities in your account; and custody fees. We do not offer a non-wrap pricing option, where transaction charges can be unbundled from the advisory and administrative fees. Fees are calculated based upon the market value of the assets in your account. Broker- dealers and other financial institutions that hold client accounts are referred to as custodians (hereinafter referred to as “custodian”). Your custodian determines the values of the assets in your portfolio. Our fee schedule is described below: 1Fees are negotiable at our sole discretion. Your custodian receives a portion of the advisory fee to cover transaction and custodial costs. We share approximately 60% of the remainder of the fee with your advisory representative. Account Asset Balance Maximum_ Annual Fee1 Up to $5,000,000 2.00% Over $5,000,000 Negotiable 6 | P a g e We will generally recommend Fidelity Brokerage Services, LLC (“Fidelity”) and/or TD Ameritrade Institutional, a division of TD Ameritrade, Inc. (“TD Ameritrade”) (collectively or separately “Custodian”) to you for custody and brokerage services although we may agree to employ the services of one or more other custodians. We are independently owned and operated and not affiliated with the Custodian we recommend. Please see “Brokerage Practices” on Page 11 of our Disclosure Brochure for more information about the services provided to us by the custodian. You must authorize us in writing to have the custodian pay us directly by charging your account. The custodian provides you with statements that show the amount paid directly to us. You should verify the calculation

of our fees. The custodian does not verify the accuracy of fee calculations. All advisory fees are billed quarterly, in advance as contractually agreed, and are based upon market value of the account on the last business day of the preceding calendar quarter, as determined by the account custodian. If you agree to pay our investment advisory fees in advance and you terminate the advisory agreement we have entered into within five (5) business days from the date the agreement is executed, you will receive a full refund of any fees paid. Should either one of us terminate the advisory agreement before the end of a billing period, any unearned fees that were deducted from your account will be returned to you by us. The amount refunded to you is calculated by dividing the most recent advisory fee you paid by the total number of days in the quarter. This daily fee is then multiplied by the number of calendar days in the quarter that our agreement was in effect. This amount, which equals the amount we earned for the partial quarter, is subtracted from the total fee you paid in advance to determine your refund. We may also refer you to various asset management firms. Referral fees or a portion of the advisory fee will be paid to us if you establish a relationship with the asset manager. Third party asset managers may require the use of certain custodians. Please refer to the Brokerage Practices sections of their respective brochures for more information. The above arrangements present a conflict of interest because they create an incentive to make recommendations based upon the amount of compensation we receive rather than based upon your needs. We will explain the specific costs associated with any recommended investments with you upon request. We also recommend no-load and load- waived mutual funds to further reduce conflicts of interest. Additionally, you have the option to purchase investment and insurance products through other brokers or agents who are not affiliated withus. 7 | P a g e You should note that the same (or similar) services as those described above may be available from other sources at a lower cost to you. You should consider that depending upon the level of the wrap fee charges, the amount of portfolio activity in your account, the value of services that are provided, and other factors, a wrap fee may exceed the aggregate cost of services if they were to be provided separately. A non-wrapped pricing arrangement may be more cost effective for accounts that do not experience frequent trading activity. The wrap fee does not include mark-ups, markdowns, or payment of brokerage commissions for transactions made by a broker-dealer other than the custodian. In addition to our fee, you may be required to pay other charges such as: maintenance fees associated with certain retirement and qualified plan accounts; internal fees and expenses charged by mutual funds or exchange traded funds (“ETFs”), and other fees and taxes on brokerage accounts and securities transactions. Mutual fund companies, ETFs, and variable annuity issuers charge internal fees and expenses for their products. These fees and expenses are in addition to any advisory fees charged by us. Complete details of these internal fees and expenses are explained in the prospectuses for each investment. You are strongly encouraged to read these explanations before investing any money. You may ask us any questions you have about fees and expenses. While you may purchase shares of mutual funds directly from the mutual fund company without a transaction fee, those investments would not be part of our advisory relationship with you. This means that they would not be included in our investment strategies, investment performance monitoring, or portfolio reallocations. No advisory fees are charged on any mutual funds or unit investment trusts transferred into your account which were purchased within the preceding two years if a commission was paid to your advisory representative as a representative of a broker-dealer. Advisory representatives may recommend our wrap program to you and, as a result of your participation in this program, will receive a portion of the fee charged by us. These payments may be made as long as you participate in the program and may be greater than other forms of compensation had you paid separately for investment advice, brokerage and other services provided to you as part of a wrap fee program. As a result, our advisory representatives may have a financial incentive to recommend this program over other programs or services that may be available to you. 8 | P a g e