Bigsur Wealth Management LLC

Item 5.          Fees and Compensation

BigSur’s revenue is derived from investment advisory fees. BigSur also earns fees for the provision
of other services as agreed to by Clients. While a general description of these fees is provided
below, specific terms of these arrangements are detailed in the Investment Advisory Agreement
and Governing Fund Documents which BigSur executes with each Client.

Portfolio Management/Portfolio Consulting Services Fee

BigSur uses the same fee structure for Portfolio Management Services and Portfolio Consulting
services. Our fee schedule is based on a percentage of assets under management or consultation,
as appropriate (hereinafter the Management/Consultation Fee), and can include an additional
annual incentive/performance fee (hereinafter the "Incentive Fee").

Management/Consultation Fee

This fee is calculated as a percentage of assets under management or consultation, typically ranging
from 0.50% to 1.25% annually, based on the complexity of the Client's individual portfolio,
amongst other criteria. We generally do not have account minimums but do recommend that you
maintain an account balance of $20,000,000 or more. We generally require a minimum annual
Management/Consultation Fee of $20,000 which applies to the Client’s relationship as a whole and
not to each of the Client’s individual legal entities. Lower minimum annual management fees may
be accepted and maintained at our discretion.

Fees charged for Portfolio Management and Consulting Services are generally based on an
estimated fixed monthly fee amount that is billed monthly to Clients. The estimated fixed monthly
management fee calculation will be based on initial assets under management multiplied by the
agreed upon annual fee divided by 12. The estimated management fee will be due and charged to
the Client’s account on a monthly basis and debited from the Account on or about the 15th of each
calendar month.

BigSur will conduct a review semi-annually, or more frequently as needed, to ensure that there are
no excess credit balances exceeding $1,200 due to Clients. Further, BigSur, on an annual basis,
will reconcile the actual amount owed versus the estimated fixed amount paid and any final
adjustments will be refunded or invoiced to the Client, accordingly.

For certain Clients, fees are assessed on a quarterly basis (based on assets under management during
each quarter, averaging the account values on the first business day of each month of the respective
quarter). The fee will be due and charged to the Client’s account quarterly and will be debited from
the account on or about the 15th of the final month of the respective quarter. If services begin after
the first day of a calendar quarter or end on any date other than the last day of a calendar quarter,
the fee will be prorated accordingly. Fees assessed on a quarterly basis may be charged in arrears
or advance, as agreed with the Client.

Incentive/Performance Fee

On a case by case basis, the Adviser and Client may negotiate an Incentive Fee. For those Clients
subject to an Incentive Fee, BigSur will be entitled to receive an Incentive Fee of up to 20% of a
Client's account performance (at the end of each calendar year) which is based on a pre-established
threshold specified in the executed investment advisory agreement and calculated in accordance
with the formula specified in the executed investment advisory agreement. Generally, the Adviser
utilizes the average of the daily midpoint values of the Fed Funds Rate Range for the applicable
period as its threshold rate when calculating performance fees. For each client mandate with
performance fee arrangements, the client signs and acknowledges a separate schedule outlining the
terms and conditions of the performance fee arrangement. Please also see Item No. 6 of this ADV
Brochure for additional information on the Adviser’s performance fee practices.

Clients who elect to terminate their Incentive Fee arrangements will be charged the Incentive Fee
based on the performance of the account from the time period of termination date through the date
on which the Incentive Fee was last assessed.

Advisory Fees in General

Typically, we will directly invoice Clients for our Management/Consultation fees in arrears or in
advance (as agreed with each Client). At times, we will directly debit Client fees from their
custodial account(s), if so desired and authorized by the Client through a standardized letter of
authorization.

Fees and account minimums for all services are negotiable based upon certain criteria (i.e.
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to
be managed, related accounts, account composition, complexity of the account, etc.). BigSur
reserves the right to waive or reduce fees for certain Clients, including employees and related
accounts as may be determined at BigSur’s sole direction.

Client families can request that we group certain related Client accounts for the purposes of
determining the account size and/or annualized fee and such arrangement are outlined in the
Client’s Investment Advisory Agreement (IAA).

Client Also Pay Fees Charged By Their Third-Party Service Providers

Mutual Fund and ETF Fees and Expenses
All fees paid to our Firm for investment advisory services are separate and distinct from the fees
and expenses charged by mutual funds and ETFs to their investors. These fees and expenses
generally include, but not limited to: transaction, marketing, distribution and administrative charges
(e.g. 12b-1 fees) which are described and fully disclosed in each fund's prospectus. The Adviser
does not receive any additional compensation and/or retrocessions as it relates to the
recommendation and sale of mutual funds and ETFs.

Brokerage and Custodian Fees
In addition to advisory fees paid to our Firm, Clients will also be responsible for any securities
...

Item 7.           Types of Clients

BigSur provides, among other multi-family office services, investment advisory and consulting
services to high net worth individuals, trusts, corporations, single family offices and pooled
unregistered investment vehicles.

Although we do not require a minimum relationship size, we recommend a relationship with at
least $20,000,000 of assets under management or advisement. Please also note that minimum
subscriptions per investors in a private placement is generally US$200,000 subject to lower
amounts at the Issuer’s discretion.