Cohen Capital Advisors LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

                                                  Cohen Capital Advisors, LLC
                                      303 East Wacker Drive, Suite 2103, Chicago, IL 60601
                                     Phone: (312) 477-3155 | Website: https://coheninvest.com

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the wealth
management agreement. Wealth management fees are based on the market value of assets under management at
the end of the prior quarter. Wealth management fees range from 0.75% to 2.00% annually based on several factors,
including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall
relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio
restrictions and other complexities may be charged a higher fee. The Advisor has a minimum annual fee of $10,000.

The wealth management fee in the first quarter of service is prorated from the inception date of the account[s] to the
end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
Cohen Capital will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the
Custodian’s valuation to ensure accurate billing.

Financial Planning Services
Cohen Capital offers financial planning services as part of a wealth management engagement and fee. In certain
circumstances, a Client may engage the Advisor separately for a fixed negotiated planning fee. Fees may be
negotiable based on the nature and complexity of the services to be provided and the overall relationship with the
Advisor. An estimate for total costs will be provided to the Client prior to engaging for these services.

B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the start of each calendar quarter. The amount due is calculated by applying the
quarterly rate (annual rate based on the number of days in the quarterly period) to the total assets under management
with Cohen Capital at the end of the prior quarter. Clients will be provided with a statement, at least quarterly, from the
Custodian reflecting deduction of the wealth management fee. Clients are urged to also review and compare the
statement provided by the Advisor to the brokerage statement from the Custodian, as the Custodian does not perform
a verification of fees. Clients provide written authorization permitting advisory fees to be deducted by Cohen Capital to
be paid directly from their account[s] held by the Custodian as part of the wealth management agreement and
separate account forms provided by the Custodian.

Financial Planning Services
Financial planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties in connection with investments made on behalf
of the Client’s account[s]. Cohen Capital includes securities transaction fees and custody fees as part of its overall
wealth management fee through the Cohen Capital Wrap Fee Program. Securities transaction fees for Client-
directed trades may be charged back to the Client. Please see Item 4.D. above as well as Appendix 1 – Wrap Fee
Program Brochure. The Client is responsible for all wire request fees and other costs which may be charged by the
Custodian, as applicable. The Advisor's recommended Custodian does not charge securities transaction fees for
ETF and equity trades in a Client's account, provided that the account meets the terms and conditions of the
Custodian's brokerage requirements. However, the Custodian typically charges for mutual funds and other types of
investments. The fees charged by Cohen Capital are separate and distinct from these custody and execution fees.

In addition, all fees paid to Cohen Capital for investment advisory services are separate and distinct from the
expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for
the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a
possible distribution fee. A Client may be able to invest in these products directly, without the services of Cohen
                                                 Cohen Capital Advisors, LLC
                                     303 East Wacker Drive, Suite 2103, Chicago, IL 60601
                                    Phone: (312) 477-3155 | Website: https://coheninvest.com

Capital, but would not receive the services provided by Cohen Capital which are designed, among other things, to
assist the Client in determining which products or services are most appropriate for each Client’s financial situation
and objectives. Accordingly, the Client should review both the fees charged by the fund[s] and the fees charged by
Cohen Capital to fully understand the total fees to be paid. Please refer to Item 12 – Brokerage Practices for
...

Item 7 – Types of Clients

Cohen Capital offers investment advisory services to individuals, high net worth individuals, trusts, estates, and
businesses. Cohen Capital generally does not impose a minimum relationship size, but does have a minimum
annual fee of $10,000, which may be reduced at the sole discretion of the Advisor.

                                                 Cohen Capital Advisors, LLC
                                     303 East Wacker Drive, Suite 2103, Chicago, IL 60601
                                    Phone: (312) 477-3155 | Website: https://coheninvest.com