55 North Private Wealth LLC

Item 5: Fees and Compensation
Please note, unless a client has received the firm’s disclosure brochure at least 48 hours prior to signing the
investment advisory contract, the investment advisory contract may be terminated by the client within five (5)
business days of signing the contract without incurring any advisory fees and without penalty. How we are paid
depends on the type of advisory service we are performing. Please review the fee and compensation
information below.

Investment Management Services
Our standard advisory fee is based on the market value of the assets under management and is calculated as
follows:
                       Account Value                            Annual Advisory Fee

                       Below $2.5MM                                     0.85%

                 Between $2.5MM - $5MM                                  0.75%

                 Between $5MM - $7.5MM                                  0.65%

                Between $7.5MM - $10MM                                  0.55%

                Between $10MM - $12.5MM                                 0.50%

                Between $12.5MM - $15MM                                 0.45%

                Between $15MM - $17.5MM                                 0.40%

                Between $17.5MM - $20MM                                 0.35%

                 Between $20MM - $25MM                                  0.30%

                Between $25MM - $100MM                                  0.25%

                      Above $100MM                                      0.20%

There is a minimum fee of $2,125 a quarter or $8,500 annually. Based on the minimum fee, the fee structure
may be cost-prohibitive for families with less than $850,000 in assets under management, so we have a minimum
of $1,000,000 for household assets.

The annual fees are pro-rated and paid in arrears on a quarterly basis. The advisory fee is a level fee and is
calculated by assessing the percentage rate using the predefined levels of assets as shown in the above chart.
No increase in the annual fee shall be effective without agreement from the client by signing a new agreement
or amendment to their current advisory agreement. Annual fees are negotiable.

Advisory fees are directly debited from client accounts, or the client may choose to pay by check. Accounts
initiated or terminated during a billing period will be charged a pro-rated fee based on the amount of time
remaining in the billing period. An account may be terminated with written notice at least 15 calendar days in
advance. Since fees are paid in arrears, no rebate will be needed upon termination of the account.

Other Types of Fees and Expenses
Our fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses that
may be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, and other third
parties, such as custodial fees, 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. Mutual funds
and exchange-traded funds also charge internal management fees, which are disclosed in a fund’s prospectus.
Such charges, fees, and commissions are exclusive of and in addition to our fee, and we shall not receive any
portion of these commissions, fees, and costs.
Item 12 further describes the factors that we consider in selecting or recommending broker-dealers for clients’
transactions and determining the reasonableness of their compensation (e.g., commissions).
We do not 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
We provide advisory services to individuals and high-net-worth individuals. We do have a minimum household
size requirement of $1,000,000. We do have a minimum fee of $2,125 a quarter or $8,500 annually.