3Chopt Investment Partners LLC

Item 5 Fees and Compensation

3Chopt offers discretionary Portfolio Management, Outsourced CIO, and Family Office services for an annual
portfolio management fee based on the amount of assets under the Firm’s management. The maximum fee
schedule for these services is as follows:

        1.00% per annum on all assets under $5 Million
        .70% per annum on all assets more than $5M but less than $10M
        .65% per annum on all assets more than $10M but less than $20M
        .55% per annum on all assets more than $20M but less than $50M
        .45% per annum on all assets more than $50M but less than $100M
        .40% per annum on all assets over $100M

3Chopt’s annual fee is billed and payable in advance on a quarterly basis. The billed amount is comprised of the

average month-end market values within the billing period and includes cash and cash equivalent assets. For the initial
period of an engagement, the fee is calculated on a pro rata basis. The client may terminate the advisory agreement
at any time. In the event the advisory agreement is terminated, the fee for the final billing period is prorated through
the effective date of the termination and the unearned portion of the fee is refunded to the client.
Fee rates can vary by account size, which can cause a conflict for 3Chopt when making recommendations to the client.
To address this conflict 3Chopt relies on the Investment Policy Statement (“IPS”) which guides investment selection
and implementation.
Third-Party Asset Manager Fees
We may use a third-party Asset Manager based on client needs and suitability. Each Third-Party Asset Manager
charges a fee which is in addition to the Portfolio Management fee charged by 3Chopt. The Asset Managers’ fees are
generally charged quarterly depending on the value and type of assets being managed. These fees will be deducted
directly by the Asset Manager. We will not receive separate compensation, directly or indirectly, from the Asset
Manager for recommending that our client use their services to avoid any potential conflict of interest. All fees
charged by third-party Asset Managers are separately disclosed to, and agreed upon, by the client.

Private Investments
We may provide investment advice regarding private investment funds. Private investment funds generally involve
various risk factors, including, but not limited to, potential for complete loss of principal, liquidity constraints and lack
of transparency, a complete discussion of which is set forth in each fund’s offering documents, which will be provided
to each client. Unlike liquid investments that a client may maintain, private investment funds do not provide daily
liquidity or pricing. Each prospective client investor will be required to complete a Subscription Agreement, pursuant
to which the client shall establish that he/she is qualified for investment in the fund and acknowledges and accepts
the various risk factors that are associated with such an investment.

For investments in private funds or companies, 3Chopt will charge a fee for services related to the administration of
subscription documents, capital calls, communication with managers and other administrative functions related to
such investments. The fee is $250 per investment and is charged annually. This fee is in addition to the Portfolio
Management fee assessed on the account(s). Unlike liquid investments, private investment securities do not provide
daily liquidity or pricing. Portfolio Management fees will be calculated using the most recent value provided by the
security’s sponsor.
Fee Discretion
3Chopt may, in its sole discretion, negotiate fees based upon certain criteria, such as anticipated future earning
capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account
composition, pre-existing/legacy client relationship, account retention and pro bono activities.
Additional Fees and Expenses
In addition to the advisory fees paid to 3Chopt, clients will also incur certain charges imposed by other third parties,
such as broker-dealers, custodians, trust companies, banks and other financial institutions (collectively “Financial
Institutions”). These additional charges will include securities brokerage commissions (See Item 12 Brokerage
Practices), transaction fees, custodial fees, fees attributable to alternative assets, fees charged by the Asset
Managers, margin costs, charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed in the
fund’s prospectus (e.g., fund management fees and other fund expenses), 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.
Direct Fee Debit
Portfolio Management and Private Investment fees will be automatically deducted from the Client’s account at the
Custodian. Upon written request, the Client may pay the Management fee directly to the Adviser. Clients may provide
3Chopt with the authority to directly debit their accounts for payment of the consulting and financial planning fees.
It is 3Chopt’s understanding that the Financial Institutions that act as the qualified custodian for client accounts, from
which the Firm retains the authority to directly deduct fees, have agreedto send statements to clients not less than
quarterly detailing all account transactions, including any amounts paid to 3Chopt.
Financial Planning Services

We charge a fixed fee for financial planning services. Our fixed fees generally range from $2,500 - $15,000. The fees
are negotiable depending upon the complexity and scope of the plan, your financial situation, and your objectives. An
estimate of the total time/cost will be determined at the start of the advisory relationship. In limited circumstances,
the cost/time could potentially exceed the initial estimate. In such cases, we will notify you and request that you
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Item 7 Types of Clients

3Chopt offers services to individuals, trusts, estates, charitable organizations, corporations, business entities,
foundations, endowments, nonprofit organizations, pension and retirement plans, and family offices. Although
3Chopt reserves the right to make exceptions, our Firm normally requires an initial account value of a minimum of
$5,000,000.