1. The plaintiff's appeal is dismissed.

2. The costs of appeal shall be borne by the Plaintiff.

The purport of the claim and appeal is the purport of the appeal.

1. The reasoning of the judgment of the court of first instance concerning the instant case is as follows, and thus, it is consistent with the reasoning of the judgment of the court of first instance, except for modification and addition as follows.

4 pages of the first instance judgment.

Each "Plaintiff" in one and three of the ports shall be amended to "Defendant".

The term "2015" in the last 9th sentence of the judgment of the first instance shall be amended to "2014".

The following shall be added to the 10th 13th 10th 13th son of the judgment of the first instance.

Article 673 of the Civil Act provides that “The Plaintiff shall pay advisory fees equivalent to the period from the date following the payment of advisory fees for the first Brazil loan to the Plaintiff pursuant to Article 673 of the Civil Act, to the extent that, even if the advisory service contract of this case was concluded after April 2014 when it was clearly determined that the Plaintiff will obtain a PF loan from modern securities through the Plaintiff’s advisory service contract, and unilaterally cancel the advisory service contract of this case by entering into a contract with modern securities.” However, the Defendant asserts to the effect that “The Plaintiff unilaterally cancelled the advisory service contract of this case by unilaterally excluding the Plaintiff after April 2014 and entering into a contract with modern securities” is insufficient to recognize it, and there is no other evidence to acknowledge it. Furthermore, during the process of the loan of this case after the first head of BF loan, it is difficult to deem that the Plaintiff was obligated to provide necessary data to the Plaintiff or to provide advisory services to the Plaintiff during the process of the loan of this case to the Plaintiff or the Plaintiff’s existing PF advisory service.”

2. Conclusion, the judgment of the court of first instance is justifiable, and the plaintiff's appeal is dismissed. It is so decided as per Disposition.