Citrin Cooperman Wealth Management LLC

Item 5 - Fees and Compensation

CCWM charges for its services on a fully disclosed basis per the terms and conditions of an Investment
Management Agreement, Financial Planning Agreement, or Financial Consulting Agreement, in one of the
following manners:

Investment Management Agreement

Fixed Annual Fee. In such fee arrangements, CCWM will consider various objective and subjective
factors including but not limited to, the amount of assets to be managed, the scope and complexity of
the engagement, anticipated meetings, and consulting services to be rendered. This annual fee is
payable in either four equal quarterly installments or twelve equal monthly installments, in arrears or
in advance. Each year the annual fee is reviewed, and if adjusted, such adjustment is confirmed, in
writing. The terms of the engagement shall be confirmed in an Investment Management Agreement
between CCWM and the client. The majority of CCWM’s legacy clients engage CCWM on a fixed
annual fee basis.

Assets Under Management. In such fee arrangements, the client pays CCWM a fee based upon a
percentage of the assets under CCWM’s management (i.e. individual securities, mutual funds,
exchange traded funds, Independent Managers, alternative investments, etc.) per the following fee
schedule:

Discretionary

           First $1 million – 150 basis points
           Next $2 million – 125 basis points
           Next $2 million – 100 basis points
           Next $5 million – 85 basis points
           Over $10 million - 75 basis points

Non-Discretionary

Traditional Fixed Income (Treasury, Sovereign, Agency, Municipal, and IG Corporate Bonds)
            All amounts - 25 basis points

                               Citrin Cooperman Wealth Management, LLC
                                       Form ADV Part 2A, Brochure

All Non-Traditional Fixed Income Assets Excluded from Above
          First $10 million – 75 basis points
          Next $15 million – 50 basis points
          Next $25 million – 40 basis points
          Thereafter –        30 basis points

The AUM fee, described in each client’s Investment Management Agreement, is payable either:

    1. on a quarterly basis, in arrears, adjusted for cash flow, based upon the market value (including
       accrued earnings) of the accounts on the last day of the previous quarter; or
    2. on a quarterly basis, in advance.

No increase in the annual fee percentage is effective without prior written notification to the client.
The values used to calculate investment management fees based on the market value of client assets
may differ from the values shown on the applicable client’s custodial statement due to various account
activities such as unsettled trades. accrued interest, and accrued dividends, which may not be reflected
on that client’s custodial statement as of the valuation date. The terms of the engagement shall be
confirmed in an Investment Management Agreement between CCWM and the client. Although
CCWM will allocate client assets consistent with the client’s designated investment objective, the fact
that CCWM earns a higher fee for management of securities other than traditional fixed income for
non-discretionary clients as referenced in the above fee schedule, CCWM has a conflict of interest
since it will present an economic incentive to allocate more assets to those types of securities from
which it will earn a higher advisory fee.
Cash Positions. Unless CCWM expressly agrees to the contrary, account assets consisting of cash and
cash equivalent positions are included in the value of an account’s assets for purposes of calculating
CCWM’s advisory fee.

Alternative Investment / Private Fund Valuation. Interests of private investment partnerships,
separate accounts, or other private investment structures will generally be valued at the most recent
net asset value supplied by the investment manager to the respective investment vehicle. However,
for valuation and client billing purposes, that amount may be adjusted to the client’s favor to account
for capital calls, management fees, distributions, or partnership expenses. As result of the valuation
process, the current value of a client’s private investment holding could be significantly more or less
than the value reflected in the report. Unless otherwise agreed upon, the client’s advisory fee shall be
based upon the value reflected in the report.

Investment management fees are negotiable and may be partially or completely waived at CCWM’s
discretion. Our ability to negotiate the fee may result in some clients paying more for the same
investment management services than other clients receiving the same services.

Financial Planning Agreement

We offer financial planning services on both a fixed fee and hourly fee basis. Fees are negotiable based
upon the complexity of the services requested. The fees charged will be detailed in the client’s signed
Financial Planning Agreement.

                             Citrin Cooperman Wealth Management, LLC
                                     Form ADV Part 2A, Brochure

Fixed Fees. CCWM’s planning services generally range between $2,000 and $25,000. The fixed fee
charge is based on a number of factors, including the scope, nature, and complexity of the services, in
addition to the assets involved. The fixed fee will be governed by the Financial Planning Agreement
with the client. Fixed fees are payable upon presentation of an invoice which will be generated upon
completion and delivery of the financial plan.

Hourly Fees. Hourly fees range from $450 to $1,000 per hour and are based on the complexity of the
work and the experience and training of the Firm’s personnel involved. The hourly fee is determined
on a case-by-case basis, and the amount of such fees will be governed by the Financial Planning
Agreement with the client. Hourly fees are payable upon presentation of an invoice which may be
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Item 7 - Types of Clients

CCWM may provide portfolio management and investment planning to high net worth individuals,
trusts, family entities, pension and profit sharing plans, charitable organizations, and foundations.