Aureum Wealth Management LLC

Fees and Compensation - Item 5

 Financial Planning Services Fees
 For stand-alone financial planning services, Aureum Wealth charges a negotiable fixed fee that starts at $1,500
 for a simple plan with an estimated 10 hours of planning work. Financial plans that require additional work are
 billed at an hourly rate of $100 to $400. The hourly fee is negotiable based on the experience and expertise of the
 individual working on the plan. Prior to engaging Aureum Wealth to provide financial planning services, Clients
 will be required to enter into a written financial planning agreement. The financial planning agreement will set
 forth the terms and conditions of the engagement and will describe the scope of the services to be provided. Fees
 are payable upon completion and delivery of the plan.

 Either party may terminate the financial planning agreement by written notice to the other. Refunds are not
 applicable since fees are payable in arrears.

 Portfolio Management Services Fees
 On an annualized basis, Aureum Wealth charges a portfolio management fee based upon a percentage of the
 market value of the assets being managed. We charge the following annualized asset management fees:

                  Assets Under Management                     Annual Advisory Fee
                  First $1,000,000                            1.90%
                  Next $4,000,000                             1.40%
                  Over $5,000,000                             1.00%

 For example, assume that the fair market value of a portfolio at the end of the billing period is $6,000,000. In this
 hypothetical example, our quarterly management fee would be assessed as follows:

 First $1,000,000 of account value would be billed at a quarterly rate of 1.90%/4 ($1,000,000x0.475%=$4,750);
 Next $4,000,000 of account value would be billed at a quarterly rate of 1.40%/4 ($4,000,000x0.35%=$14,000);

Aureum Wealth Management, LLC
Form ADV Part 2 Brochure

 Next $1,000,000 of account value would be billed at a quarterly rate of 1.00%/4 ($1,000,000x0.25%= $2,500);
 The fee for various break points is then added together to determine the total quarterly Account fee: $4,750 +
 $14,000 + $2,500 = $21,250.

 Privately offered securities valuations can lag a month or more and are provided by the issuer’s third-party
 administrator, iCapital, to the custodian. The fee calculation uses this data to calculate the fee.

 Portfolio management fees are negotiable depending on factors such as the amount of assets under
 management, range of investments, and complexity of the Client’s financial circumstances, among others. Other
 fee payment arrangements will be negotiated with clients on a case-by-case basis. The exact fee to be paid by the
 Client will be clearly stated in the portfolio management agreement signed by the Client and the firm. Aureum
 Wealth has legacy client relationships with a breakpoint fee schedule. These fee schedules are listed in the
 advisory agreement signed with these clients.

 Portfolio management fees are billed monthly or quarterly, in arrears; and are based on the value of your portfolio
 at the end of the preceding billing period, adjusted for deposits and withdrawals in the course of the billing period.
 Terms of payment are stated in the portfolio management agreement signed by the Client and the firm. Generally,
 the portfolio management fee will be deducted from the Client’s account held with a non-affiliated, qualified
 custodian. The qualified custodian will provide the Client with an account statement at least quarterly. This
 statement will detail all account activity, including any fees deducted from the account(s).

 We will deduct our fee directly from the managed account(s) through the unaffiliated, qualified custodian holding
 the Client’s funds and securities. Aureum Wealth does not have access to Client funds for payment of fees without
 Client consent in writing. The Client provides written authorization permitting the fees to be paid directly from
 the Client’s account held by the account custodian. The custodian will send the Client a statement, at least
 quarterly, indicating all amounts dispersed from the account, including the amount of the advisory fee paid
 directly to Aureum Wealth. Aureum Wealth will also receive a copy of your account statements from the
 custodian. Please review each statement for accuracy. Please let us know immediately if you have questions about
 or if you did not receive a statement.

 At the inception of portfolio management services, the first pay period’s fees will be calculated on a pro-rata
 basis. The portfolio management agreement between the Client and Aureum Wealth will continue in effect until
 either party terminates the portfolio management agreement in accordance with the terms of the portfolio
 management agreement. Refunds are not applicable since fees are payable in arrears.

 Our annual fee is exclusive of, and in addition to, brokerage commissions, transaction fees, and other related
 costs and expenses. You are responsible for brokerage costs incurred. However, Aureum Wealth will not receive
 any portion of the commissions, fees, and costs. Please see Item 12 – Brokerage Practices for further information
 on brokerage and transaction costs.

 Sub-Advisory Services Fees (Fees payable to us when we act as a sub adviser for the primary adviser)
 Each account receiving our sub advisory services will pay our firm a total annual fee of up to 0.50% of the market
 value of the account. In addition to the sub-advisory fee, each account will also pay the primary adviser an annual
 asset-based advisory fee as set forth in the agreement between the end client and primary adviser. We will deduct
 the sub-advisory fee from each account on a monthly or quarterly basis, in advance or in arrears, based on the
 average daily value, or the market value of each account as of the last trading day of the prior billing period. The
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Types of Clients - Item 7

 We generally offer investment advisory services to individuals, pension and profit-sharing plans and participants,
 trusts, estates, charitable organizations, corporations, and other business entities.

Aureum Wealth Management, LLC
Form ADV Part 2 Brochure

                       Methods of Analysis, Investment Strategies and Risk of Loss - Item 8

 We may use one or more of the following methods of analysis and/or investment strategies when providing
 investment advice to you:

      • Fundamental Analysis – involves analyzing individual companies and their industry groups, such as a
        company’s financial statements, details regarding the company’s product line, the experience and
        expertise of the company’s management, and the outlook for the company’s industry. The resulting data
        is used to measure the true value of the company’s stock compared to the current market value. The
        primary risk of fundamental analysis is that information obtained may be incorrect and the analysis may
        not provide an accurate estimate of earnings, which may be the basis for a stock’s value. If securities
        prices adjust rapidly to new information, utilizing fundamental analysis may not result in favorable
        performance.

      • Technical Analysis – technical analysis is a technique that relies on the assumption that current market
        data (such as charts of price, volume, and open interest) can help predict future market trends, at least
        in the short term. It assumes that market psychology influences trading and can predict when stocks will
        rise or fall. Technical trading models are mathematically driven based upon historical data and trends of
        domestic and foreign market trading activity, including various industry and sector trading statistics
        within such markets. Technical trading models, through mathematical algorithms, attempt to identify
        when markets are likely to increase or decrease and identify appropriate entry and exit points. The
        primary risk of technical trading models is that historical trends and past performance cannot predict
        future trends, and there is no assurance that the mathematical algorithms employed are designed
        properly, updated with new data, and can accurately predict future market, industry, and sector
        performance.

      • Cyclical Analysis – Cyclical analysis is similar to technical analysis in that it involves the analysis of market
        conditions at a macro (entire market/economy) or micro (company specific) level, rather than the overall
        fundamental analysis of the health of the particular company. The primary risks with cyclical analysis are
        similar to those of technical analysis.

 iCapital Network, Inc. (“iCapital”)
 We have contracted with iCapital and their affiliates to provide our Associated Persons with access to the iCapital
 Network alternative investment platform, software, and services. iCapital and/or its affiliates conduct due
 diligence (investment and operational) on private equity and hedge fund offerings available on their platform.

 Privately Offered Securities valuations can lag a month or more and are provided by the issuer’s third-party
 administrator or iCapital, to the custodian. The fee calculation uses this data to calculate the fee.

 In addition to reviewing the risk disclosures contained in this document, clients participating in alternative
 investments available to them through the iCapital portal should closely read the relevant prospectus or private
 placement memorandum prior to investing. Such documents are intended to disclose all material risks of such
 investments.

 We may use one or more of the following investment strategies when advising you on investments:

      • Long Term Purchases – securities purchased with the expectation that the value of those securities will
        grow over a relatively long period of time, generally greater than one year. Using a long-term purchase
        strategy generally assumes the financial markets will go up in the long-term which may not be the case.
        There is also the risk that the segment of the market that you are invested in or perhaps just your
        particular investment will go down over time even if the overall financial markets advance. Purchasing

Aureum Wealth Management, LLC
Form ADV Part 2 Brochure

          investments long-term may create an opportunity cost - "locking-up" assets that may be better utilized
          in the short-term in other investments.

      • Short Term Purchases – securities purchased with the expectation that they will be sold within a relatively
        short period of time, generally less than one year, to take advantage of the securities' short-term price
        fluctuations. Using a short-term purchase strategy generally assumes that we can predict how financial
        markets will perform in the short-term which may be very difficult and will incur a disproportionately
        higher amount of transaction costs compared to long-term trading. There are many factors that can
        affect financial market performance in the short-term (such as short-term interest rate changes, cyclical
        earnings announcements, etc.) but may have a smaller impact over longer periods of times.

 Investing in securities involves risk of loss that Clients should be prepared to bear.

 The investment advice provided along with the strategies suggested by Aureum Wealth will vary depending on
 each Client’s specific financial situation and goals. This brief statement does not disclose all of the risks and other
 significant aspects of investing in financial markets. In light of the risks, you should fully understand the nature of
 the contractual relationship(s) into which you are entering and the extent of your exposure to risk. Certain
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