Cove Private Wealth LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Comprehensive Portfolio Management:

                                 Maximum Blended Tier Fee Schedule
                                Assets Under Management           Fee %
                              First   $10,000,000.00              1.00%
                              Next    $15,000,000.00              0.85%
                              Next    $25,000,000.00              0.70%
                              Over    $50,000,000.00              0.60%

Fees to be assessed will be outlined in the advisory agreement to be signed by the client. Annualized
fees are billed on a pro-rata basis monthly in arrears based on the time-weighted daily average value
of account (s) during the previous month. Our firm may bill on cash unless otherwise agreed in
writing. In rare cases, our firm will agree to directly invoice. Fees are negotiable and will be deducted
from client account(s). As part of this process, Clients understand the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the assets and all account disbursements, including the
       amount of the advisory fees paid to our firm;
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to a client, the invoice will urge the client to compare
       the information provided in our statement with those from the qualified custodian.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on the percentage of Plan assets under
management. The total estimated fee, as well as the ultimate fee charged, is based on the scope and
complexity of our engagement with the client. Fees based on a percentage of managed Plan assets
will not exceed 0.20%. The fee-paying arrangements will be determined on a case-by-case basis and
will be detailed in the signed consulting agreement.

Other Types of Fees & Expenses

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution
fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, mark-ups and
mark-downs, spreads paid to market makers, fees for trades executed away from custodian, wire
transfer fees and other fees and taxes on brokerage accounts and securities transactions. Our firm
does not receive a portion of these fees.

ADV Part 2A – Firm Brochure                    Page 6                                Cove Private Wealth, LLC

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Comprehensive
Portfolio Management services in writing at any time. Upon notice of termination pro-rata advisory
fees for services rendered up to the point of termination will be charged. If advisory fees cannot be
deducted, our firm will send an invoice for due advisory fees to the client.

Commissionable Securities Sales

Our firm and representatives do not sell securities for a commission in advisory accounts.

Types of Clients:

Our firm’s types of clients include:
   • Individuals and High Net Worth Individuals;
   • Trusts, Estates or Charitable Organizations; and
   • Pension and Profit Sharing Plans.

Account Requirements

Our firm requires a minimum account balance of $5,000,000 for our Comprehensive Portfolio
Management service. Generally, this minimum account balance requirement is negotiable and would
be required throughout the course of the client’s relationship with our firm.