Essential Investment Partners LLC

Item 5 – Fees and Compensation

Advisory Services
Fees for Advisory Services are calculated at the client level. The annual fee for Advisory Services will be
charged as a percentage of assets under management, according to the schedule below:
Assets Under Management                  Annual Fee (%)

First $2 million;                        1.00%

next $3 million;                         0.75%

thereafter                               0.50%

A minimum fee of $10,000 or an initial investment of $1 million is usually required for Advisory Services.
However, these minimums may be lowered for certain groups and may be negotiable in certain
circumstances at the discretion of Essential. We strive to ensure the reasonableness of the fees we
charge to clients in relation to the value of our services.

Clients will typically be invoiced in arrears at the beginning of each calendar quarter based upon the
average daily portfolio value (market value or fair market value in the absence of market value) of the
clients’ investments for the immediately preceding quarter. Fees are normally deducted directly from
clients’ accounts. Essential uses certain safeguards in connection with deductions of fees, including: (i)
advance written authorization from clients; (ii) providing clients with itemized invoices; and (iii) seeking
to ensure that the custodian sends statements to clients reflecting all disbursements (including advisory
fees).

All fees are negotiated and agreed upon in writing in advance of the work performed. Negotiated fees
may depart from the schedule stated above. An Advisory Services agreement may be terminated at any
time, by either party, for any reason upon receipt of 30 days' written notice. Upon termination of any
account, any earned, unpaid fees will be due and payable immediately. A client has the right to
terminate an Advisory Services agreement for any reason without penalty within five business days after
entering into the agreement. Clients may inquire about any refundable fees by contacting Essential
directly at 303.333.8498.

Fees are waived for accounts of certain members of employees’ families.

All fees paid to Essential for Advisory Services are separate and distinct from the fees and expenses
charged by mutual funds and other pooled investment vehicles to their investors. These fees and

expenses are described in each prospectus, offering document or other applicable disclosure document.
For mutual funds and other packaged products, these fees will generally include a management fee,
other fund expenses, and, in many cases, a distribution fee. For pooled investment vehicles other than
mutual funds, fees will also typically include a share of partnership profits (income and/or capital gains).
If you are an investor in such funds, you will indirectly bear such fees and expenses.

If a fund also imposes sales charges or redemption fees, a client may pay an initial or deferred sales
charge or a redemption fee. However, most mutual funds on the Fidelity Institutional/NFS platform are
available to our clients without an initial or deferred sales charge. A client could invest directly in some
or all of these types of investment products, without the services of Essential. In that case, the client
would not receive the services provided by Essential which are designed, among other things, to assist
the client in determining which investments are most appropriate for each client's financial condition
and objectives. Accordingly, the client should review the fees charged by the funds and the alternative
investments and the fees charged by Essential to fully understand the total amount of fees to be paid by
the client.

Essential’s fees are exclusive of brokerage commissions, transaction fees, custodian fees and other
related third-party expenses which may typically be incurred by the client. Essential earns no
commissions on investment transactions for clients and typically strives to avoid investments in funds
that charge initial or deferred sales commissions. Essential receives no income from any investment
product sponsor or provider – our sole source of income is the advisory fees our clients pay us.

When utilizing direct indexing services, J.P. Morgan and 55ip serve as the third-party investment
manager and technology provider, respectively, responsible for portfolio construction, rebalancing, and
tax-loss harvesting within the direct indexing accounts. Essential retains overall supervisory
responsibility for the client relationship and monitors the appropriateness of the strategy for each client.
Clients utilizing direct indexing services will be subject to the fees and expenses of the third-party
providers in addition to Essential’s advisory fees.

Separate Account Management

Our standard fee structure for EGP separate accounts is 0.75% of assets per annum. A minimum annual
fee of $1,875 or initial investment of $250,000 is usually required. However, this fee may be lower if
Essential is retained by an independent financial adviser who retains primary client service
responsibility. Fees may be negotiable in certain circumstances at Essential’s discretion.

Wealth Management Consulting

As described above, wealth management consulting services are typically incidental to our Advisory
Services, and take place in conjunction with in-depth client discussions. However, for projects whose
scope is no longer incidental to our Advisory Services, Essential typically enters into a separate contract
for wealth management consulting services. This type of engagement would typically be done on an
hourly basis at agreed upon rates and terms, disclosed and contracted for in advance.

Item 7 – Types of Clients

Essential may provide portfolio management services to individuals, family entities, partnerships,
individual retirement plans, trusts, estates, other investment advisers, charitable organizations,
corporations and other entities.

Essential usually requires a minimum relationship of $1,000,000 for Advisory Services clients. We expect
that each client relationship will be comprised of multiple portfolios. Fees may be negotiated on the
basis for the entire relationship and minimums may be negotiable at the discretion of Essential.