Aventura Private Wealth LLC

ITEM 5: FEES AND COMPENSATION

Fees and other charges

Individually Managed Accounts:

Fees for individually managed accounts are negotiable based on the size of the account and the
complexity of the work. Fees are calculated as a per annum percentage of the assets under APW’s
management. Generally, a Client shall not pay an aggregated annual fee that is greater than 1.50% of
total amount of assets under management.

All asset-based fees are deducted by the qualified custodian of record monthly in arrears based on
average daily balance of the account during the billing period, or as otherwise indicated in the Client
agreement. Fees are negotiable, and may be higher or lower than this range, based on the nature of the
account. Client statements for prior deductions will be provided on a quarterly basis.

All fees paid to APW for investment advisory services are separate and distinct from the expenses
charged by third-party managers and Investment Companies to their shareholders. These fees and
expenses are described to the Client in separate disclosures. These fees will generally include third-party
management fees, an Investment Company management fee, other fund expenses, and in some situations
a possible distribution fee.

APW will provide investment advisory services and portfolio management services but will not provide
custodial or other administrative services. The Client may contact the Custodian directly for
disbursements, or account record changes, and may also do so in writing to the custodian. APW may act
at the Client’s convenience to facilitate such written communications to the Custodian, provided that
such action is not construed to be custody of Client assets.

Clients may request to terminate their advisory contract with APW, in whole or in part, by providing
advance written notice. Upon termination, APW shall be responsible for refunding any fees paid in
advance on a pro-rata basis determined by the date of termination and any refund will be remitted to the
Client through the Custodian.

Client’s advisory agreement with APW is non-transferable without Client’s written approval.

Fee Deduction Disclosure

Where APW deducts its management fee from Client accounts utilizing a qualified custodian, the Firm
is required to meet the following requirements.

   a. Possess written authorization from the Client to deduct advisory fees from an account held by a
      qualified custodian;

   b. APW must send the qualified custodian a written invoice detailing the fee amount to be deducted
      from the Client account; and,

   c. APW must have a reasonable basis, after due inquiry, for believing that the qualified custodian
      sends an account statement, at least quarterly, to each of your Clients for which it maintains funds
      or securities, identifying the amount of funds and of each security in the account at the end of the
      period and setting forth all transactions in the account during that period.

Right of Cancellation

In addition to the right to terminate an agreement pursuant to its terms, a Client may cancel an agreement
with Adviser within five (5) business days of first receiving a copy of this disclosure brochure and
supplement without penalty or fee.

Additional Fees

In addition to the advisory fees paid to APW, Clients also incur certain charges imposed by other third
parties, such as broker-dealers, custodians, trust companies, banks, private funds, and other financial
institutions (collectively “Financial Institutions”). These additional charges include securities brokerage
commissions, fund management fees, transaction fees, custodial fees, margin costs, fees attributable to
alternative assets utilized by the Independent Managers, reporting charges, fees charged by the
Independent Managers, 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. The Firm’s brokerage practices are described
at length in Item 12, below.

Compensation for the Sale of Securities or Investment Products

Persons providing investment advice on behalf of our firm are licensed as independent insurance agents.
These persons will earn commission-based compensation for selling insurance products, including
insurance products they sell to you. Insurance commissions earned by these persons are separate and in
addition to our advisory fees. This practice presents a conflict of interest because persons providing
investment advice on behalf of our firm who are insurance agents have a financial incentive to
recommend insurance products to you. You are under no obligation, contractually or otherwise, to
purchase insurance products through any person affiliated with our firm. Additionally, persons providing
investment advice on behalf of our firm are fiduciaries and are obligated to act in the clients’ best interests
at all times.

ITEM 7: TYPES OF CLIENTS

APW provides investment advice to many different types of Clients. These Clients generally include
individuals, high net worth individuals, corporations, trusts and estates, charitable organizations, pooled
investment vehicles, and other business entities.

Minimum Account Size

APW does not require any minimum amount of assets to open or maintain an account.