Endowe Advisory LLC

Item 5 – Fees and Compensation

This section provides details regarding our fees and compensation arrangements. It should be noted that
lower fees for comparable service may be available from other advisers. The exact fees and other terms
will be outlined in the agreement between the client and Endowe Advisory LLC.

Complimentary, One-Time Investment Recommendation – No Advisory Fee

No investment advisory fee is charged by Endowe Advisory LLC for the one-time, complimentary
automated investment recommendation service unless the client elects to enroll in ongoing portfolio
management services and executes the firm’s Active Management Investment Advisory Agreement.
Although Endowe Advisory LLC does not charge an investment advisory fee for the complimentary, one-
time investment recommendation service, clients will incur gift processing charged by Endowe, Inc.,
brokerage charges by Interactive Brokerage LLC and fund charges as described below.

Asset Management Fees

Clients who elect ongoing portfolio management services are charged an annual asset management fee
of 0.25% (25 basis points) based on the value of assets under management in the client’s brokerage
account. The annual fee is divided by four and billed quarterly in arrears at the end of each calendar
quarter. The quarterly fee is calculated based on the average daily balance of the client’s account during
the applicable billing period. Fees are prorated for accounts opened or terminated during a billing period
based on the number of days services are provided during that period.

Clients must authorize Interactive Brokers LLC, the qualified custodian of the account, to deduct asset
management fees directly from the client’s brokerage account and remit those fees to Endowe Advisory
LLC. Clients should review account statements received from the custodian to verify that asset
management fees are being deducted correctly. The custodian does not independently verify the
accuracy of asset management fees deducted from client accounts.

Endowe Advisory LLC believes its asset management fee is reasonable in relation to the services
provided; however, the firm’s fees may be higher than those charged by other investment advisers
offering similar services. Prior to receiving this and other services, each Client will be required to execute
Endowe Advisory LLC’s Investment Advisory Agreement, which governs the provision of all advisory
services. After receiving this automated recommendation, the client may choose to opt in for ongoing
portfolio management services provided through the platform.

Platform Transaction Fees Charged by Affiliate

The Endowe digital platform is operated by Endowe Inc., the parent company of Endowe Advisory LLC.

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Endowe Inc. charges a $3.50 transaction-related platform fees in connection with gift contributions made
through the Endowe platform. These fees are disclosed to Gifters at the time a gift transaction is initiated
and are separate from and in addition to any asset management fees charged by Endowe Advisory LLC.

Gift contributions made through the platform are processed through Dwolla, Inc., an unaffiliated financial
technology provider that facilitates electronic payment transfers between Gifters and platform users.
Dwolla and its financial institution partners assess payment processing fees associated with these
transactions. These processing fees are retained by Dwolla and its financial institution partners and are
paid by Endowe Inc. as part of operating the platform.

Because Endowe Advisory LLC and Endowe Inc. are affiliated entities, Endowe Advisory LLC benefits
indirectly from platform fees collected by Endowe Inc.

Brokerage and Other Third-Party Fees

Brokerage expenses and/or transaction fees charged by Interactive Brokers LLC are billed directly to your
account by Interactive Brokers LLC. Endowe Advisory LLC does not receive any portion of such
commissions or fees from you or the qualified custodian. In addition, you will incur certain charges
imposed by third parties other than Endowe Advisory LLC in connection with investments made through
your account including, but not limited to, mutual fund expenses, surrender charges, IRA and qualified
retirement plan fees, and charges imposed by Interactive Brokers LLC. Management fees charged by
Endowe Advisory LLC are separate and distinct from the fees and expenses charged by mutual funds
and exchange traded funds that are held in your account. A description of these fees and expenses is
available in each fund prospectus. We do not receive any portion of such fees or expenses.

Termination of Advisory Services

Asset management services continue in effect until terminated by either party. A client may terminate the
advisory services at any time through the client portal available on the Endowe platform or by providing
electronic notice to the firm through the platform or other approved electronic communication method.
Endowe Advisory LLC may terminate advisory services by providing notice to the client through the
platform or via electronic communication.

Upon termination, asset management fees will be prorated based on the number of days services were
provided during the final billing period. The amount of client assets on the termination date will be used to
determine the final fee payment, after termination.

Item 7 – Types of Clients

Endowe Advisory LLC provides investment advisory services solely to natural persons (or joint account
holders) who access our services through our interactive website or mobile application. Our services are
available only to individuals located in the United States who can lawfully receive investment advisory

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services under applicable federal and state laws. We do not provide services to institutional investors,
trusts, pension plans, pooled investment vehicles, or other entities.

Endowe Advisory LLC is an Internet-only investment adviser, which means the following: :

    •   Our investment advisory business is conducted exclusively through an operational interactive
        website and mobile application;
    •   We do not provide advisory services in person, by telephone, or by any other means outside our
        digital platform;
    •   All account onboarding, delivery of disclosures (including this Brochure and Form CRS),
        agreement execution, and communication occur electronically through our secure platform.
    •   Clients must consent to electronic delivery of all documents and communications as a condition
        of establishing an advisory relationship; and
    •   Our employees and supervised persons do not offer individualized investment advice or portfolio
        management outside of the automated system; their role is limited to technical and administrative
        support.

By engaging our firm, a client is participating in an Internet-only investment advisory program that
provides asset management solely through automated, algorithmic processes. This structure may not be
suitable for persons who prefer or require direct, in-person interaction with an investment professional.

Minimum Investment Amounts Required

There are no minimum investment amounts or account size requirements for Endowe Advisory LLC to
provide asset management services. However, the Client must satisfy the following requirements:

    •   Exclusively work and communicate with us through our proprietary, interactive digital platform and
        mobile application available at www.endowe.com;
    •   Establish and maintain a brokerage account at Interactive Brokers LLC, the qualified custodian
        used for all accounts; and
    •   Authorize Interactive Brokers LLC to deduct advisory fees and remit them to Endowe Advisory
        LLC.