Clearbrook Investment Solutions LLC

ITEM 5                 FEES AND COMPENSATION

A.

CIS charges fees based on a percentage of assets under management and fixed fees. It does not
maintain a fee schedule but negotiates its fees with individual clients as described below.

CIS also customizes its investment supervisory services on the same basis. CIS individually
negotiates its fees and does not maintain a fee schedule for these services. Fees for CIS’ investment
supervision are based on a combination of factors including the size of the account, number of
managers involved, the amount of work expected to be performed and the length of the contract.
Depending on the size of the accounts, asset-based fees can range between 10 to 100 basis points
per year. Flat fee pricing and account minimum fees may be used with some accounts and will be
described in the agreements with clients.

B.

Clients are generally invoiced quarterly in advance, and fees are due and payable within 30 days of
the invoice. Some clients’ fees are debited directly from their accounts, with said transactions
processed by a third-party custodian.

C.

Client portfolios are subject to other fees and charges in connection with investments made which
are in addition to CIS’ advisory fee described above. These fees and charges may include sub-
advisory fees for asset managers advising on separate accounts, clearing, custody and other
transaction charges, service fees and/or internal expenses collected by mutual funds, alternative
investments, and similar pooled investment products. Product-related expenses are set forth in
mutual fund prospectuses and alternative investments subscription agreements and may include
distribution and management fees. These fees and charges are in addition to CIS’ advisory fee
described above. A client could invest in a mutual fund or alternative investment directly without the
services of CIS.

D.

If agreements are canceled during their term, any fees due either party will be prorated appropriately
as set forth in the advisory agreement. Accordingly, if a client pays in advance and the agreement is
terminated prior to the end of the billing period, CIS will return a proportionate amount of the fees
based on the percentage of services performed or the proportion of the period for which CIS has
performed services, depending on the particular client agreement.

E.

Neither CIS nor any of its officers, directors, employees, or persons providing advice on CIS’ behalf
and subject to CIS’ supervision and control accepts compensation for the sale of securities or other

Clearbrook Investment Solutions, LLC (IARD #155607)
March 2026

investment products, including asset-based sales charges or service fees from the sale of mutual
funds.

ITEM 7           TYPES OF CLIENTS

CIS generally provides investment advice to foundations, pension and profit-sharing plans, trusts,
estates or charitable organizations, insurance companies and high net worth individuals.