Chicago Capital Management Advisors LLC

Item 5 Fees and Compensation

Fees are fully transparent of all costs associated, including CCMA as the manager, the Advisor Representative and
Infrastructure. Fees are calculated based on total assets per household. Customers will receive advance billing notice either
on statement or in an invoice and the fee will be deducted from the account monthly up to through National Financial and
Folio in arrears, quarterly in arrears at RBC Clearing, Schwab, Delta and Equity Trust Advisor Solutions and quarterly in
advance at AssetMark and Empirical Asset Management according to the following schedule.
Clients will incur brokerage and other transaction costs, please see the section below of this brochure for detailed information
which discusses these costs. No performance fee is charged.

Fee rate may be negotiated but it will be fixed once contract is signed until revised by both parties.
Equity and Asset Allocation Accounts
$100,000-249,999                          2.25% Maximum Fee
$250,000-499,999                          2.00% Maximum Fee
$500,000-999,999                          1.75% Maximum Fee

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                                                                                              Part 2A of Form ADV: Brochure

$1,000,000-2,499,999                     1.50% Maximum Fee
$2,500,000-4,999,999                     1.25% Maximum Fee
$5,000,000 Plus                          1.00% Maximum Fee

Fixed Income Accounts
Minimum $100,000-249,999                 1.25% Maximum Fee
$250,000-999,999                         1.00% Maximum Fee
$1,000,000-4,999,999                     0.75% Maximum Fee
$5,000,000 plus                          0.50% Maximum Fee

Clients will be given the opportunity to choose from multiple clearing firms:
• National Financial Services, LLC (“NFSC”) through executing broker LaSalle St. Securities, LLC charges a $7.00 per
    transaction charge in addition to the fees above.

•   RBC Clearing (“RBC”) through executing broker-dealer American Investment Services, Inc. charges a $15.00 per
    transaction charge in addition to the fees above.

•   Charles Schwab (“SCHWAB”) Charles Schwab (SCHWAB) through its executing broker dealer Charles Schwab & Co.
    does not charge any fees on electronic trades for listed and NMS equities, $6.95 on Non-NMS OTC electronic trades,
    $0.65 per option contract on electronic trades, $1.00 per bond ($10 min-$250 max) for online pricing and $45.00 for
    electronic non-Schwab Mutual Fund trades.

•   Folio Institutional (“FOLIO”) through its executing broker dealer Folio Investments does not charge any fees on
    transactions for trades during the window trade period but does charge $3.95 per transaction for trades outside of the
    window trade period. Accounts are also charged a $7.95 administration fee per month.

•   ETC Brokerage Services (“ETAS”)
    Equity Trust Advisor Solutions charges additional transaction fees will apply as follows and will be paid by the client in
    addition to the fees above through Equity Advisor Solutions broker-dealer. Equity Securities / Exchange -Traded Funds
    $6.95 per transaction. Mutual Funds $20 per transaction. Options $18 per transaction plus $1.00 per contract.

    Fixed Income Investments – Bonds, Mortgage-Backed Securities, OTC Corporate Bonds, Government Securities,
    Collateralized Mortgage Obligations, Money Market Instruments/CDs, Municipal Bonds, Unit

    Investment Trusts, and Zero-Coupon Bonds $35 per transaction. An additional miscellaneous/mail charge of $3.50 will
    be charged on each transaction.

    Find clearing firms complete fee schedules at: https://www.chicagomanagement.com/fee-schedule

    Lower fees for comparable services may be available from other sources.
    The combination of fees for CCMA and transaction fees combined will not exceed the Cap of 2.5%.

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                                                                                             Part 2A of Form ADV: Brochure
    Example of common fees from the Clearing firms:

                                    NFSC                 RBC                 Folio             Schwab

 IRA Annual fee             $       45.00     $         50.00      $         25.00             -

 IRA Closing Fee            $      125.00     $        120.00      $        100.00             $75

 Check/Debit Card fee       $       50.00     $        100.00      $           7.50*           $0

 Wire fee                   $       15.00     $         20.00      $         30.00             $25

 Paper Statements           $           -     $             -      $         12.50*            -

 ACAT/Transfer out fee      $       75.00     $         75.00      $        100.00             $50

* Folio does not have a Debit card option- $7.50 for first $25 checks
  NFSC and RBC fee inclusive of first 25 checks

** Monthly paper statement fee or $12.50 for Folio and Quarterly fee of $7.50 for EAS

The affiliated broker-dealer American Trust Investment services, Inc. may retain a concession from fixed price offerings
such as "private placements" or " public offerings" where no price improvement or discount is possible. If so, those positions
will be taken off the fee engine and no ongoing monthly fees will be charged.

There are additional mutual fund expenses built into the funds. Fee schedules for any fund in an account will be provided
upon request. No compensation is accepted for the sale of securities or other investment products.

We use third parties and third party software to calculate the management fees. Upon termination notice, NFSC, FOLIO,
RBC, SCHWAB, DELTA ETAS and are paid in arrears and fees are calculated through date of termination. E N A a n d
...

Item 7 Types of Clients

Types of clients at CCMA include; individuals (including high net worth individuals), corporations, trusts and profit-sharing
plans, and individual retirement plans.

We do not provide pension services to plan sponsors.

The minimum account size at CCMA is $50,000 for opening an equity account or asset allocation and $100,000 for opening a
fixed-income account. CCMA may take on lesser dollar amounts at the discretion of the company. Equity accounts are
accounts diverse in industry, market capital, country, and equity type that are often rebalanced to balance the risk within the
equity markets. Asset Allocation accounts is a strategy that mixes a wide variety of investments within a portfolio in an attempt
to reduce portfolio risk.

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                                                                                              Part 2A of Form ADV: Brochure