Aqua Capital Advisors LLC

Item 5 - Fees and Compensation
Method of Compensation and Fee Schedule

Investment Management Services
An annualized asset-based fee is assessed on those accounts for which we provide investment management
services. Our fee is calculated based on blending the tiers noted in the following table:

                              Assets Under Management                   Annual Advisory Rate
                                   Up to $1,000,000                            1.15%
                            Next $1,000,001 to $5,000,000                      0.85%
                            Next $5,000,001 to $10,000,000                     0.75%
                                   Over $10,000,001                            0.65%

Aqua Capital Advisors                                                                               Part 2A Brochure

For example, an account with a value of $1.25 million would be assessed a blended fee that included the first $1
million of assets at a rate of 1.15% and the remaining $250,000 at .85%, or a total blended advisory services fee
of $3,406.25 per quarter.

Fees for services are negotiable at our discretion. Aqua aggregates related account balances of clients within the
same household for purposes of achieving the advisory fee breakpoints listed above. At our discretion, we may
also aggregate accounts within the same extended family or accounts where a family member has power of
attorney over another family member's account. Should investment objectives be substantially different for any
two or more household accounts, requiring different investment approaches, Aqua reserves the right to apply
our fee schedule separately to each account. At our discretion, we reserve the right to reduce or waive advisory
fees for personal and related accounts, unique individual circumstances, special arrangements, pre-existing
relationships, or as otherwise may be determined by a firm principal.

Financial Planning Services
Aqua offers a fixed fee arrangement for financial planning that generally ranges from $5,000 to $10,000. Fixed
fees are typically based on the complexity of the client's issues and the anticipated number of hours estimated
to provide the requested services. Services to be provided and the anticipated fee range are detailed in the
written agreement. Fees for financial planning services are negotiable at our discretion. Additionally, should a
client elect to further engage us to provide investment management services, certain financial planning fees
during the initial engagement year may be waived at our discretion.

Billing Method

Investment Management Services
An annualized asset-based fee is assessed and charged quarterly in arrears based on the value of the accounts in
a client’s portfolio at quarter end. Fees will be calculated based on the fee schedule listed in the client’s
investment advisory agreement. Fees for partial quarters at the commencement or termination of the advisory
agreement will be billed on a pro-rated basis contingent on the number of days the agreement was in effect
during the quarter.

For purposes of determining value, securities and other instruments traded on a market for which actual
transaction prices are publicly reported shall be valued at the last reported sale price on the principal market in
which they are traded (or, if there shall be no sales on such date, then at the mean between the closing bid and
ask prices on such date). Other readily marketable securities shall be priced by the sponsor of such securities or
the custodian holding such securities.

By signing our advisory agreement, as well as the account custodian agreement, the client authorizes the
withdrawal of transactional fees (see Additional Fees, below) and investment management services fees from
their account. All fees will be clearly noted on the client statement, and our firm will send a written notice of the
fees to be deducted from their account; this includes the total fee assessed, covered time period, calculation
formula utilized, and the assets under management on which the fee has been based.

All investment management fees will be paid out of the assets in the account per the fee schedule in the
advisory agreement. The client bears responsibility for verifying the accuracy of fee calculations provided by
Aqua; the custodian of record does not verify the fee.

Clients should be aware that there may be discrepancies between the quarterly ending balances on account
statements provided by the custodian(s) and quarterly ending balance we utilize to calculate quarterly invoices.

Aqua Capital Advisors                                                                                Part 2A Brochure

These discrepancies are due to the differences between the digital downloadable transaction data provided by
our custodian(s) and the policies the custodian(s) employ to prepare account statements. The discrepancies are
typically small and related to timing and recognition policies the custodian(s) use to prepare account
statements.

Financial Planning Services
Financial planning fees may be paid by check or cashier’s check from a US-based bank. Cash, money orders, or
similar forms of payment for our engagements are not accepted. Fees are due upon your receipt of our invoice.
Non-continuous service engagements that are greater than three months in duration may be billed quarterly in
arrears.

Additional Fees
Any custodial or transactional fees (sometimes termed brokerage fees) assessed by selected service providers,
individual retirement account fees, or qualified retirement plan account termination fees will be borne by the
accountholder and are per those provided in current, separate fee schedules of any selected service provider. In
addition, any fund shares held in a client’s account are subject to fund-related expenses and, if applicable, any
12b-1 fees and/or early redemption fees on mutual funds. The fund’s prospectus fully describes the fees and
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Item 7 - Types of Clients
Aqua provides services primarily to individuals and families, and will also work with pensions, profit-sharing
plans, trusts, estates, and charitable organizations. Clients are expected to provide an adequate level of
information and supporting documentation to us throughout the term of the engagement. This allows us to
determine the appropriateness of our financial planning and/or investment strategy for the client and/or
account; source of funds and/or income levels, client or legal agent’s authority to act on behalf of the account,
among others.

Aqua does not require a minimum dollar value of assets as a condition to manage a client’s portfolio.