Corient Private Wealth LLC

Item 5 - Fees and Compensation

INVESTMENT ADVISORY FEES
The structure and level of Corient’s advisory fee will vary by client based upon the services provided and other
considerations deemed relevant by Corient but typically takes the form of a percentage of assets under
management and/or advisement, ranging up to 1.00% per annum. Corient, in its sole discretion, may, and
does, negotiate its investment advisory fee and/or charge a flat fee based upon certain criteria (e.g.,
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, competition, etc.). As a result, similarly, situated clients
pay different fees. Each client should refer to their WMA or other applicable advisory agreement for specific
details on their fee arrangement.

Fees are billed quarterly in advance based on the value of the client’s account(s) on the last day of the prior
billing period. For clients onboarded at any time other than the first day of the quarter, fees will be prorated
and included in the next quarter’s billing. There is no pro-ration or reduction for any additions or withdrawals
of assets during a quarter. The WMA authorizes Corient to debit fees directly from the client’s account(s). In
such circumstances, Corient will invoice the custodian who will deduct the fee from the client's account(s).
The custodian will send a statement to the client, at least quarterly, indicating the amount of the advisory
fee(s) to be deducted from their account(s). For a limited number of clients, as agreed upon in writing, Corient
invoices the client directly for their advisory fees.

Clients of investment advisory businesses acquired by Corient will remain on their existing fee schedules,
billing calculation methodology, and payment method until notice of a change in the fee or billing practice is
provided to the client. Clients should refer to their applicable advisory agreements to understand the specific
billing applicable to their account assets.

Subject to applicable limitations set by Corient in its sole discretion, Clients can aggregate the assets of
certain eligible accounts to qualify for any available aggregation discounts. It is the Client’s responsibility to
inform Corient of all accounts that the Client wishes to group together for billing purposes and to complete
all documentation as required by Corient to finalize this request. Clients shall be responsible for verifying that
all eligible accounts have been aggregated appropriately.

For terminations during the calendar quarter, when fees are paid in advance, Corient will refund a portion of
the client fees on a pro-rated basis for the remainder of the calendar quarter.

Corient may provide portfolio management services or wealth management advice to Corient employees and
their family members at a rate lower than the rates generally available to other clients.

RETIREMENT PLAN FEES
Fees for Retirement Plan services are paid by the Sponsor and/or from each plan participant’s account as
determined by the Sponsor, in accordance with the Retirement Plan Services Agreement.

Fees will be billed quarterly in arrears based on the market value of the Plan assets on the last day of the
billing quarter. The maximum fee charged will be 0.75% annually with a minimum quarterly fee of $5,000.00.

For terminations in the middle of a billing quarter, the Fee shall be prorated for the remainder of the billing
quarter, based on the market value of the assets on the effective date of termination.

FINANCIAL PLANNING FEES
Financial Planning fees are negotiated and based on the depth and scope of the services to be provided. Fees
are billed monthly in advance on the first day of the month following the start date as determined in the Wealth
Planning and Consulting Agreement.

If this agreement is terminated, the client will be required to pay the balance due. If the client prepaid a portion
of the fee, the unused portion of the fee will be refunded to the client.

TAX SERVICES
When requested by a client, our affiliate Corient Tax LP, will provide clients with tax services, typically for an
additional fee, by a separate agreement. Clients who joined through an acquisition may have these services
included as part of their existing advisory agreement.

MARGIN ACCOUNTS
Wealth Advisors’ clients may also maintain a margin account, which is a brokerage account that allows
investors to borrow money to buy securities. By using borrowed funds, the client is employing leverage that
will magnify both account gains and losses. The unaffiliated broker charges the investor interest for the right
to borrow money and uses the securities as collateral.

Should a new client determine to use margin, Corient will include the entire market value of the margined
assets when computing its advisory fee. Accordingly, Corient’s fee shall be based upon a higher margined
account value, resulting in Corient earning a correspondingly higher advisory fee. As a result, this creates a
conflict of interest since Corient has an economic disincentive to recommend that the client terminate the
use of margin.

For certain clients acquired through acquisition who use margin, Corient may exclude the market value of the
margined assets when computing its advisory fee, based on the previous firm’s billing practices.

THIRD-PARTY INVESTMENT MANAGEMENT FEES
If a Wealth Advisor recommends a third-party manager to manage a portion or all the assets, clients will be
charged a separate fee in addition to the Corient asset-based fee. These fees are disclosed in the third-party
manager’s advisory agreement, prospectus, or offering memorandum, as applicable.

CUSTODIAN/BROKERAGE FEES
In addition to the fees described above, clients will incur separate fees by the custodian for transfers, buying

and selling of securities, and other custodian fees. Transactions may be affected through a broker/dealer
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Item 7 -Types of Clients

Corient provides investment advisory services primarily to the following types of clients:
     • Individuals, including high-net-worth individuals
     • Trusts, estates, and charitable organizations
     • Pension and profit-sharing plans
     • Corporation or business entities and other entities

ACCOUNT MINIMUMS
Corient does not have a strict minimum client account size. However, Corient strategies have account
minimums ranging from $250,000 to $5 million. Third-party managers that Corient Wealth Advisors
recommend may impose more restrictive account requirements and billing practices different than Corient’s.
Account minimums may be required for certain strategies or services. For private fund investments, clients
should review the offering documents for qualifications and minimum subscription requirements.