Drawbridge Capital LLC

Item 5 – Fees and Compensation

Asset Management Fees

IARs are restricted to providing services and charging fees based in accordance with the descriptions
detailed in this document and the account agreement. However, the exact service and fees charged to a
particular client are dependent upon the representative that is working with the client and the specific
services provided. IARs are instructed to consider the individual needs of each client when
recommending an advisory platform. Investment strategies and recommendations are tailored to the
individual needs of each client.

The specific manner in which fees are charged is established in a client’s written agreement, up to 2% of
assets under management as of the last business day of the previous quarter. Clients can engage the
services of Drawbridge Capital on a discretionary basis. The firm’s annual investment advisory fee shall
be based upon a percentage (%) of the market value and type of assets placed under the firm’s
management to be charged quarterly in advance, and Drawbridge Capital representatives may at their
discretion negotiate a fee in accordance with the fee schedule below.

Lower fees for comparable services may be available from other sources.

Fee Schedule
                       Total Assets Under Management                          Maximum Annual Fee
                               $10,000 - $49,999*                                       2.00%
                               $50,000 - $99,999                                        1.80%
                              $100,000 - $249,999                                       1.50%
                              $250,000 - $499,999                                       1.30%
                              $500,000 - $999,999                                       1.20%
                            $1,000,000 - $1,999,999                                     1.10%
                            $2,000,000 - $2,999,999                                     1.00%
                            $3,000,000 - $3,999,999                                     0.90%
                            $4,000,000 – $4,999,999                                     0.80%
                                $5,000,000 +                                            0.70%

                  *If an account falls below $10,000, the client may be asked to terminate the account.

Asset management account fees are payable quarterly in advance. Clients may terminate the agreement
without penalty for a full refund of the Drawbridge Capital fees within five (5) business days of signing
the Investment Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
generally with 30 days’ written notice. Clients are not charged additional advisory fees by LPL for
participating in any of the individual advisory programs.

The qualified custodian calculates and deducts the advisory fee quarterly in advance; Drawbridge Capital
does not directly deduct fees but is paid by the custodian. If the advisory agreement is terminated before
the end of the quarterly period, the client is entitled to a pro-rated refund of any pre-paid quarterly
advisory fee based on the number of days remaining in the quarter after the termination date, which will
be processed by the custodian.

The IAR receives compensation as a result of a client’s participation in an LPL program. Depending on
the size of the account, changes in its value over time, the ability to negotiate fees or commissions, the
number of transactions, among other things, the amount of this compensation may be more or less than
what the IAR would receive if the client participated in other programs, whether through LPL or another
sponsor, or paid separately for investment advice, brokerage and other services.

LPL serves as the program sponsor, investment advisor, and broker/dealer for the LPL advisory
programs. Drawbridge Capital and LPL may share in the account fee and other fees associated with
program accounts. Associated persons of an IAR may also be registered representatives of LPL. Lower
fees for comparable services may be available from other sources.

If the IAR utilizes a TAMP to manage all or any part of the client’s account, the client will likely be
required to enter into a separate agreement with the TAMP. The TAMP agreement will govern the terms
under which the advisory fee will be collected, in which case Drawbridge Capital’s investment
management agreement will only specify the fee it will collect from the TAMP. Specifically, the TAMP
will collect a unified fee and forward the fee specified on Drawbridge Capital’s investment management
agreement with the client to Drawbridge Capital.

Financial Planning Fees

Financial planning is generally provided for a flat fee based on an estimated number of hours, but in
some cases financial planning may be offered on an actual hourly basis. Financial planning fees and
payment schedules are negotiated but generally require 50% up front and the balance upon completion.
Drawbridge Capital does not require or solicit prepayment of more than $500 in fees per client six
months or more in advance. If a client terminates the services they will be entitled to a refund of any
unearned fees by subtracting the earned fees from the amount paid up front.

Financial planning fees are payable by check to Drawbridge Capital. The fee for hourly billing is
generally $250 an hour and fixed fees can range from $250 to $10,000 depending on the complexities
and the extent of the planning provided. In certain cases, a fixed fee of greater than $10,000 may be
warranted.

Hourly Consulting Fees

The hourly consulting fee will be based on the type of services to be provided, experience and expertise,
and the sophistication and complexity of the client’s financial circumstances. The hourly fee is
generally $250 an hour. The total estimated fee, as well as the ultimate fee that we charge, is based on
...

Item 7 – Types of Clients

Drawbridge Capital generally provides advice to individuals, high net worth individuals, corporate
pension and profit-sharing plans, charitable institutions, foundations, endowments, trust programs, and
other U.S. institutions. However, the advisory services offered by Drawbridge Capital are also available
to other types of clients as the opportunity may arise.

Advisory Programs account minimums are generally as follows:

       •   Strategic Wealth Management Asset Management: No minimum
       •   Optimum Market Portfolios Program (OMP): $1,000; $10,000 without systematic contributions
       •   Model Wealth Portfolios Program (MWP): $10,000; can be higher for select strategies
       •   Personal Wealth Portfolios Program (PWP): $250,000
       •   Guided Wealth Portfolios Program (GWP): $5,000
       •   Manager Access Select Program (MAS): $50,000 (in certain instances, the minimum account
           size may be higher)
       •   Manager Access Network Program (MAN): typically $50,000-$100,000 (in certain
           instances, the minimum account size may be either lower or higher)
       •   TAMP account minimums would be specified by the TAMP agreement