BT Family Office LLC

Item 5 - Fees and Compensation
BTFO fees are described generally below and are detailed in each client’s engagement letter. We may
group multiple accounts of a client (or group of related clients) together for fee billing purposes. Fees
may change over time and, as discussed below, different fee schedules may apply to different types
of clients, strategies and advisory arrangements.
Fees Schedules

             •   Annual fixed fees for other services will range from $100,000 to $2,000,000,
                 depending upon the complexity of the client’s circumstances. Clients will pay a
                 portion of the annual fee up front and the remainder of the fee will be deducted
                 quarterly in advance or arrears, semiannually in arrears, or annually in arrears, as
                 agreed to in each client’s engagement letter.
             •   Project-based fees will be charged an hourly rate between $145 and $575,
                 depending upon the complexity and timeframe of the project and the BTFO staff
                 assigned to the project.
             •   Annual asset-based fees for wealth management and financial planning are
                 calculated on the gross market value of your assets on the last day of the preceding
                 quarter. Asset-based fees, which range from 0.10% - 1%, are payable in arrears on a
                 quarterly basis unless otherwise directed by our client as described in the client’s
                 engagement letter.
Although Adviser has established the fee schedule above, we retain the discretion to negotiate or
waive certain fees on a client-by-client basis. Client facts, circumstances and needs are considered in
determining a negotiated fee schedule. On occasion and reviewed beforehand, the client may be
charged for certain expenses related to a specific project request.
We will bill you directly for our services, or you may authorize your account’s custodian to have your
fees deducted directly from your account. This authorization will be included in your engagement
letter you will execute to engage our services. The Custodian will provide you with statements that
show the amount of the advisory fees paid directly to us, however, the Custodian does not verify the
accuracy of the fee calculation, so please review your statements carefully.
Should either one of us terminate the engagement letter we have entered into before the end of a
billing period, you will be assessed a pro rata charge for the number of days BTFO continues to
provide services. This will be agreed upon at the time the engagement is terminated.
Other Fees
Adviser’s advisory fee is exclusive of brokerage commissions, transaction fees, and other related
costs and expenses which shall be incurred by the client. Clients may incur certain charges imposed
by custodians, brokers and other third parties such as fees charged by managers, custodial fees,
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. A client’s portfolio may
include positions in mutual funds or exchange traded funds which also charge internal management
fees, which are disclosed in those funds’ prospectuses. Certain private funds and third-party asset
managers may charge performance-based compensation, in addition to a management fee. Such fees

are described in the respective private offering memorandum or disclosure brochures. Adviser does
not receive any portion of these commissions, fees, or costs. When one or more third-party managers
are utilized, the Manager(s)’ fees will be separate from, and in addition to, BTFO’s fee. Certain
Managers can impose more restrictive account requirements than BTFO, and billing practices can
vary.
You should also be aware that certain transactions in the account (including account reallocations
and rebalancing) may trigger a taxable event (unless your account is a qualified retirement or
otherwise tax deferred account).
Clients are advised that if securities transferred into the client’s account are sold, there may be
transaction costs, fees assessed at the mutual fund level (i.e., contingent deferred sales charge),
and/or potential tax ramifications.
Please be sure to read the section entitled “Item 12 - Brokerage Practices,” which follows later in
this brochure which further describes the factors that Adviser considers in selecting or
recommending broker-dealers for client transactions and determining the reasonableness of their
compensation (e.g., commissions).

Item 7 - Types of Clients
We provide advisory services primarily to high net worth individuals and their families, including
their trusts, estates and retirement accounts. We also provide advisory services to corporations,
business entities and family foundations.
BTFO does not have a minimum account size requirement. All relationships are reviewed and at our
sole discretion.