ARG Private Wealth LLC

Item 5 Fees and Compensation
Portfolio Management Services
ARG’s management fees are negotiable and will vary depending upon factors such as the type of Client
Account, a Client’s relationship with the Firm, the size and complexity of assets being managed, and the
investment strategies being employed by the Firm. Portfolio Management Services clients will be charged
an annual management fee not exceeding 1% of assets under management.

Portfolio management fees are generally payable monthly, in arrears, based on the average daily balance
of the account(s) during the period. If the portfolio management agreement is executed at any time other
than the first day of a calendar month, our fees will apply on a pro rata basis, which means that the advisory
fee is payable in proportion to the number of days in the month for which you are a client. ARG’s fee is
deducted directly from your account through the qualified custodian holding your funds and securities.
Advisory fees are deducted only when you have given our firm written authorization permitting the fees to
be paid directly from your account. Further, your qualified custodian will deliver an account statement to
you at least quarterly. These account statements will show all disbursements from your account, including
fees paid to ARG for services rendered. You should review all statements for accuracy.

SMA Programs
Clients participating in SMA programs will have an additional advisory fee charged separately by the
SMA adviser. The additional fee for any SMA program available will not exceed 0.50% annually. If a client
participates in one of these programs, the client will sign an additional advisory agreement directly with
the adviser of the SMA and the adviser of the SMA will charge their fee directly to the client.

Private Placements
Fees and expenses for private placements recommended by ARG are fully disclosed in the offering
memoranda for the applicable investment. The fees typically include an annual advisory fee, plus fees
that cover the overhead and administrative expenses incurred by the placement. Fees and expenses
vary based on the underlying investment offering. See the applicable private placement memorandum for
more details.

Additional Fees and Expenses
ARG may recommend that you invest in mutual funds and exchange traded funds. The fees that you pay
to the Firm for investment advisory services are separate and distinct from the fees and expenses
charged by mutual funds or exchange traded funds (described in each fund's prospectus) to their
shareholders. These fees will generally include a management fee and other fund expenses. You may
also incur transaction charges and/or brokerage fees when purchasing or selling specific types of
securities. These charges and fees are typically imposed by the broker-dealer or custodian through
whom your account transactions are executed. Most of the securities purchases on behalf of our clients
have no front-end load, sales charge, or back-end load. Any security with such charges will be heavily
scrutinized before placing it into a client’s account to ensure that it is the best possible investment for the
client's objective. The Firm does not share in any portion of the brokerage fees/transaction charges
imposed by the broker-dealer or custodian.

Termination of Services

Either ARG or the client may terminate the investment advisory agreement at any time, subject to written
notification requirements in the investment advisory agreement. In the event of termination any fees due to
the firm from the client will be invoiced or deducted from the client's account prior to termination.

Rollover Recommendations
As part of ARG’s investment advisory services to you, your financial professional may recommend that
you withdraw the assets from your employer's retirement plan and roll the assets over to an individual
retirement account ("IRA") that we will manage on your behalf. If you elect to roll the assets to an IRA that
is subject to our management, you will be charged an asset-based fee as set forth in the agreement
executed with our firm. This practice presents a conflict of interest as our financial professionals have an
incentive to recommend a rollover to you for the purpose of generating fee-based compensation rather
than solely based on your needs. You are under no obligation, contractually or otherwise, to complete the
rollover. Moreover, if you do complete the rollover, you are under no obligation to have the assets in an
IRA managed by our firm.

Many employers permit former employees to keep their retirement assets in their company plan. Also,
current employees can sometimes move assets out of their company plan before they retire or change
jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options are
available, you should consider the costs and benefits of: 1) Leaving the funds in your employer's (former
employer's) plan; 2) moving the funds to a new employer's retirement plan; 3) cashing out and taking a
taxable distribution from the plan; and/or 4) rolling the funds into an IRA rollover account. Each of these
options has advantages and disadvantages and before making a change we encourage you to speak with
your CPA and/or tax attorney. Our recommendations may include any of them, depending on what we feel
is in your best interest.

ARG’s financial professionals are fiduciaries under the Investment Advisers Act of 1940 and, when
providing investment advice to you regarding your retirement plan account or individual retirement account,
they are also fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act
and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. As a
fiduciary, your financial professional is required to document the reason(s) for why the recommendation
we made is in your best interest.

Item 7 Types of Clients
ARG offers investment advisory services to the following types of clients:

•   Individuals;
•   High Net Worth Individuals;
•   Corporations;
•   Trusts;
•   Estates;
•   Charitable organizations, Foundations, and Endowments; and
•   Retirement Plans

Clients are required to execute a written investment advisory agreement with ARG when establishing an
investment advisory relationship.